[ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay]

[starmman]

Magi has a unique blockreward system. the coin seems to be working as it was intended.  it only makes the coin stronger! just give it a little time.

Yeah - we just need to (shake/hold) out this bear market - Lots of coins are at lows right now

When you want cheap Magi, i'm afraid you're now too late. (me too, I wanted a few at 900)

Nope, it was just a tiny pump, price falling back again. No problem.

Didn't really notice anything here - my internet is almost down until next week - so can't easily get on exchanges right now - not enough bandwidth

[The Frisian]

Didn't really notice anything here - my internet is almost down until next week - so can't easily get on exchanges right now - not enough bandwidth

It's a pitty.
Even that it was a small pump there is still more trading than many months before.
So you can see, a pump can be very useful to get (a little bit more) attraction.

[starmman]

Didn't really notice anything here - my internet is almost down until next week - so can't easily get on exchanges right now - not enough bandwidth

It's a pitty.
Even that it was a small pump there is still more trading than many months before.
So you can see, a pump can be very useful to get (a little bit more) attraction.

The joys of rural broadband - Its taking 3-4 attempts and about 5 minutes just to load a forum page right now - hope there is still a bit of volatility by Wednesday when the engineers finally arrive to fix the connection - its been this bad since they 'upgraded' their infrastructure two weeks ago. Glad I moved my bot onto Azure at Christmas. Shame I can't access it to set any orders up =(

[AngryWhiteWolf]

It's not only Magi, the whole crypto goes down badly. But, absence of Joe and Magic correlated with low transaction volume is worrying. If un-listed from bittrex, then I think it'll be very bad for Magi.

[Iame3]

What happened to pom pool - it is whole day offline? 

[The Frisian]

It's not only Magi, the whole crypto goes down badly. But, absence of Joe and Magic correlated with low transaction volume is worrying. If un-listed from bittrex, then I think it'll be very bad for Magi.

Well, a few days ago there was a good transaction volume.
By the way, Joe is almost only present at the forum when there is need for an update.
Magic is still recovering but is reading the posts already again.

[starmman]

It's not only Magi, the whole crypto goes down badly. But, absence of Joe and Magic correlated with low transaction volume is worrying. If un-listed from bittrex, then I think it'll be very bad for Magi.

Well, a few days ago there was a good transaction volume.
By the way, Joe is almost only present at the forum when there is need for an update.
Magic is still recovering but is reading the posts already again.

Good to hear that Magic is recovering - my internet is back today - trying to catch up with the last couple of weeks trading =)

[The Frisian]

It's very quiet on the XMG forum.
In Mai we had almost one page a day, nowadays one page a month.
XMG price is now very low, like all crypto.
I sold all my other cryptos to buy more XMG now.
My last buy was just 1124 sat, great.

[starmman]

It's very quiet on the XMG forum.
In Mai we had almost one page a day, nowadays one page a month.
XMG price is now very low, like all crypto.
I sold all my other cryptos to buy more XMG now.
My last buy was just 1124 sat, great.

I've been buying all the way down - but didn't have quite enough funds for a big buy at the bottom - I'm sure you'll be laughing in a few months =)

[The Frisian]

I've been buying all the way down - but didn't have quite enough funds for a big buy at the bottom - I'm sure you'll be laughing in a few months =)

I hope, like I did in december, when I sold all my XMG and bought me a house.

[starmman]

I've been buying all the way down - but didn't have quite enough funds for a big buy at the bottom - I'm sure you'll be laughing in a few months =)

I hope, like I did in december, when I sold all my XMG and bought me a house.

Congratulations =)

I've used magi to diversify my portfolio - I didn't manage to convert much back to real money yet, as my engine was only ready in Feburary and there has been a bear market since then

[The Frisian]

I've used magi to diversify my portfolio - I didn't manage to convert much back to real money yet, as my engine was only ready in Feburary and there has been a bear market since then

Well, Magi will always return to 10K and always return back to current level.
And once in a while the 30-50K will be seen.

[starmman]

Well, Magi will always return to 10K and always return back to current level.
And once in a while the 30-50K will be seen.

you maybe right, fella. Bottoms found, it's time to start recovering.
Nevertheless, I don't agree with your predicted target prices of MAGI in its coming recoveries.
Firstly, the coin should reach 4k satoshi before spending more time to acccumulate and move up to higher prices than 4k satoshi.
https://coinmarketcap.com/currencies/magi/

Aagree with both of you - short term we need a price recovery, for me 3k would be a good start and back on level ground - but also magi has hit 10k plenty of times before - it certainly can again - wonder if it will be a slow rise or a fast one - I've seen them both before =)

[AngryWhiteWolf]

Aagree with both of you - short term we need a price recovery, for me 3k would be a good start and back on level ground - but also magi has hit 10k plenty of times before - it certainly can again - wonder if it will be a slow rise or a fast one - I've seen them both before =)

In the meantime, we should stay calm and keep waiting patiently to avoid losing money due to panic sells when MAGI drop a bit to lower price (if occur).

Don't think it can go lower than this. But indeed this is the worse possible moment to sell. Once summer is over crypto will most likely go on a positive direction.

[starmman]

Aagree with both of you - short term we need a price recovery, for me 3k would be a good start and back on level ground - but also magi has hit 10k plenty of times before - it certainly can again - wonder if it will be a slow rise or a fast one - I've seen them both before =)

In the meantime, we should stay calm and keep waiting patiently to avoid losing money due to panic sells when MAGI drop a bit to lower price (if occur).

Don't think it can go lower than this. But indeed this is the worse possible moment to sell. Once summer is over crypto will most likely go on a positive direction.

I hope so, that's what most people are saying =)

[The Frisian]

It seems nobody is selling or buying at these XMG prices.
There should be enough trading, there are now more than 8 million XMG's.
Almost the half of these 8 million resides on Bittrex.
Why is nobody selling or buying?

[cryptonit]

It seems nobody is selling or buying at these XMG prices.
There should be enough trading, there are now more than 8 million XMG's.
Almost the half of these 8 million resides on Bittrex.
Why is nobody selling or buying?

because its to cheap to sell
and trust to buy is not high enough

joe be submarine all the time isnt helping

[AngryWhiteWolf]

It seems nobody is selling or buying at these XMG prices.
There should be enough trading, there are now more than 8 million XMG's.
Almost the half of these 8 million resides on Bittrex.
Why is nobody selling or buying?

I'll try a simple explanation. Potential buyers have enough taken at higher rates and don't want to risk even more.
Potential sellers simply doesn't want to get rid of Magi at such a low price. A kind of buy/sell stalemate. Think the explanation can be used for more coins, not only Magi.

[starmman]

It seems nobody is selling or buying at these XMG prices.
There should be enough trading, there are now more than 8 million XMG's.
Almost the half of these 8 million resides on Bittrex.
Why is nobody selling or buying?

I'll try a simple explanation. Potential buyers have enough taken at higher rates and don't want to risk even more.
Potential sellers simply doesn't want to get rid of Magi at such a low price. A kind of buy/sell stalemate. Think the explanation can be used for more coins, not only Magi.

Yep - its happening across the board - we need an alt breakout - when/if that happens the markets will likely surge again - always the case - just need to wait for the alt prices to get too tempting, and hope magi joins the surge when it happens, it has every other surge

[The Frisian]

... and then ... there was live again .. for a moment.