[ANN][MGT] Magnetz - Blockchain Torrents - Piratebay Replacer. (ICO, x13)

[franckuestein]

The wall will be up January the third. Sorry we were not here yesterday but devs celebrate new years as well!

Thanks dev, nice to see your presence again. I'm not sure if the price will stay so low until you place the buy wall but it's still nice to hear you plan to fulfil your promises to ICO investors who started to feel some fear after couple of troll-rounds. Already some interesting things are happening in MGT order books btw

Info for newbies: the big sell wall appearing today is fake. Somebody want's to buy cheap. So just pretend like it's not there and don't freak out and don't sell because this is what that guy wants apparently.

How many BTC's were in that fake wall?

As well, message for ICO investors: Less than 48h since the c-cex MGT/BTC, if you invest is because you know that they're going to be dumpers the first 24h hours… don't feel nervous because people just want to frighten you. Let's see if devs establish that wall and we're going to feel a little bit more "secure"  

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[SimkoMiner]

All the big sell walls are eaten like they were for free. That's insane.

[franckuestein]

All the big sell walls are eaten like they were for free. That's insane.

  maybe someone want cheap coins after the ICO phase, lol.

@devs, you can update the OP to make it more friendly for the new users that discover the coin. As well there are things that need to be updated like the first sentence about the ICO Add C-CEX logo on exchanges section and a ref-link to visit the exchange.
Just as a recommendation, hehe.

[amacar]

All the big sell walls are eaten like they were for free. That's insane.

If they are gonna put buy wall at 733 sat, then this is practical "free" money in next 2 days. But you may never know if they will really put the wall or just disappear.

[Coinyy]

So about 3millions were destroyed and now there is about 5millions left of TOTAL coins?

[NoobKidOnTheBlock]

So about 3millions were destroyed and now there is about 5millions left of TOTAL coins?

I thought everyone was screaming that this coin was a scam coin? or was that all just a ruse for people to stop people from buying into the ICO? I don't know I'm just going by what other people were saying If someone can answer this for me that would be awesome Cheers

[rakesh1_90]

So about 3millions were destroyed and now there is about 5millions left of TOTAL coins?

I thought everyone was screaming that this coin was a scam coin? or was that all just a ruse for people to stop people from buying into the ICO? I don't know I'm just going by what other people were saying If someone can answer this for me that would be awesome Cheers

Buy VTR's this reeks of scam. Would not mind keeping a tab on magnetz.

[The_Prof]

So about 3millions were destroyed and now there is about 5millions left of TOTAL coins?

I thought everyone was screaming that this coin was a scam coin? or was that all just a ruse for people to stop people from buying into the ICO? I don't know I'm just going by what other people were saying If someone can answer this for me that would be awesome Cheers

Buy VTR's this reeks of scam. Would not mind keeping a tab on magnetz.

NoobKidOnTheBlock - There have been a lot of shouts and screams about this being a scam but as of yet there is no evidence at all either way. I bought in a small amount at the ICO and I have also purchased some more at random intervals because there is plenty below that value. In my opinion I don't believe it's fair that the dev 'must put up a buy wall.'  The point of the ICO was to raise funds for work on the coin, how will it help if it all has to go back into buying coins. But anyway, that's not for me to decide.

[NoobKidOnTheBlock]

So about 3millions were destroyed and now there is about 5millions left of TOTAL coins?

I thought everyone was screaming that this coin was a scam coin? or was that all just a ruse for people to stop people from buying into the ICO? I don't know I'm just going by what other people were saying If someone can answer this for me that would be awesome Cheers

Buy VTR's this reeks of scam. Would not mind keeping a tab on magnetz.

NoobKidOnTheBlock - There have been a lot of shouts and screams about this being a scam but as of yet there is no evidence at all either way. I bought in a small amount at the ICO and I have also purchased some more at random intervals because there is plenty below that value. In my opinion I don't believe it's fair that the dev 'must put up a buy wall.'  The point of the ICO was to raise funds for work on the coin, how will it help if it all has to go back into buying coins. But anyway, that's not for me to decide.

No I completely understand and in no way was I coming here to scream and shout scam I just received a PM from someone who must've seen me post early in this thread warning me to not participate in the ICO because it was a rip off.  I hope I didn't offend anyone here by asking that question I was just curious if what I heard was true or not that's all Cheers

[SimkoMiner]

I remember this week how everybody was excited in NakamotoDark coin when volume jumped from 2 to 4 BTC in a day. Well, what can I say then for 30 BTC increase in a day  

[leigh2k14]

I'd have to give this one a 50/50 chance of the Dev doing a vanishing act.

If he does deliver however, this could be BIG.

It's a gamble. You decide.

[The_Prof]

I'd have to give this one a 50/50 chance of the Dev doing a vanishing act.

If he does deliver however, this could be BIG.

It's a gamble. You decide.

Agreed.

[McKnight]

Dev:  I've downloaded the wallet but i can not unzip the bloody folder, i've tried 7zip and winzip, can you put a link up which is not zipped please?

[chicken65]

I'd have to give this one a 50/50 chance of the Dev doing a vanishing act.

If he does deliver however, this could be BIG.

It's a gamble. You decide.

Yes that it.
My interest is not about dumping what I bought - its about the dev sticking around and not doing a runner with
an insignificant 24 btc. His coin can do way better than it currently is. So lets see what happens tomorrow...
No buy wall - coins is fucked simply due to zero trust in dev.

Dev you need to understand this. Only 5 mil of your coin in existence. Im sure you understand what that can mean...

[chicken65]

So about 3millions were destroyed and now there is about 5millions left of TOTAL coins?

Yes - a very low amount and providing the dev sticks by his word it means the coin
has the potential to go ballistic.

[chicken65]

The wall will be up January the third. Sorry we were not here yesterday but devs celebrate new years as well!

Ok do it - and dont worry only a few weak hands will dump but I guarantee you its the right move as those
coins you absorb will increase in value substantially.

[Repunza]

So about 3millions were destroyed and now there is about 5millions left of TOTAL coins?

I thought everyone was screaming that this coin was a scam coin? or was that all just a ruse for people to stop people from buying into the ICO? I don't know I'm just going by what other people were saying If someone can answer this for me that would be awesome Cheers

Buy VTR's this reeks of scam. Would not mind keeping a tab on magnetz.

NoobKidOnTheBlock - There have been a lot of shouts and screams about this being a scam but as of yet there is no evidence at all either way. I bought in a small amount at the ICO and I have also purchased some more at random intervals because there is plenty below that value. In my opinion I don't believe it's fair that the dev 'must put up a buy wall.'  The point of the ICO was to raise funds for work on the coin, how will it help if it all has to go back into buying coins. But anyway, that's not for me to decide.

NoobKid has a bad habit of jump from forum to forum speaking negative about coins. Especially ones he don't even own...

[KeyserSozeMC]

So about 3millions were destroyed and now there is about 5millions left of TOTAL coins?

I thought everyone was screaming that this coin was a scam coin? or was that all just a ruse for people to stop people from buying into the ICO? I don't know I'm just going by what other people were saying If someone can answer this for me that would be awesome Cheers

Buy VTR's this reeks of scam. Would not mind keeping a tab on magnetz.

NoobKidOnTheBlock - There have been a lot of shouts and screams about this being a scam but as of yet there is no evidence at all either way. I bought in a small amount at the ICO and I have also purchased some more at random intervals because there is plenty below that value. In my opinion I don't believe it's fair that the dev 'must put up a buy wall.'  The point of the ICO was to raise funds for work on the coin, how will it help if it all has to go back into buying coins. But anyway, that's not for me to decide.

NoobKid has a bad habit of jump from forum to forum speaking negative about coins. Especially ones he don't even own...

Wake up. This coin is screaming that it's a scam.

[NoobKidOnTheBlock]

So about 3millions were destroyed and now there is about 5millions left of TOTAL coins?

I thought everyone was screaming that this coin was a scam coin? or was that all just a ruse for people to stop people from buying into the ICO? I don't know I'm just going by what other people were saying If someone can answer this for me that would be awesome Cheers

Buy VTR's this reeks of scam. Would not mind keeping a tab on magnetz.

NoobKidOnTheBlock - There have been a lot of shouts and screams about this being a scam but as of yet there is no evidence at all either way. I bought in a small amount at the ICO and I have also purchased some more at random intervals because there is plenty below that value. In my opinion I don't believe it's fair that the dev 'must put up a buy wall.'  The point of the ICO was to raise funds for work on the coin, how will it help if it all has to go back into buying coins. But anyway, that's not for me to decide.

NoobKid has a bad habit of jump from forum to forum speaking negative about coins. Especially ones he don't even own...

What are you talking about? Please inform me which coins I have spoken negatively about?? If I just so happen to do that I would like to see the evidence please and thank you

[SimkoMiner]

It seems the floor 300-500 SAT won't hold too long, either it will be dumped to ground in panic or somebody who accumulated a lot will place nice big buy wall and the space shuttle Discovery flies away. Then all low sell orders suddenly disappear. But just in case I have placed some really low buy orders, because the panic of newbie "crypto traders" is boundless. I bet most of these sell orders have been set just few percent above what was original purchase price or ICO investors selling with losses. So let's say Joe has bought for 360 SAT and set sell order for 400 SAT immediately. 10 percent is nice quick profit, so why not. :-) But when the price jumps from hundreds to thousands, I believe those micro-traders will start jumping off the cliff. I made this mistake so many times in my beginnings. Rather sold quickly with tiny profit (usually 10-20%) than risk a little and make 500-1000% gain which is very common profit margin in crypto. :-) Well, to be honest, I made such quick 10-minutes micro-trade on XPY yesterday. Before the epic dump-fest started I was lucky enough to get my sell order eaten, made 2% profit but my heart almost jumped out of my chest.