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Topic: ... - page 11. (Read 36930 times)

legendary
Activity: 868
Merit: 1000
Cryptotalk.org - Get paid for every post!
March 04, 2014, 08:44:45 PM
Over 1000BTC 24h volume and in the top 10 on coinmarketcap... If you think Big Vern and co wouldn't want their noodly appendages in that pie you are naïve.

I'm glad to have gotten some under 1000 satoshi, and even just the BTC I could spare from a few weeks mining that I put into MZC is now worth more than any other coin holding I have.

I am tempted to sell now, but I will be waiting for it to hit cryptsy and watching it double again. The mental barriers for "how high can a national sovereign crypto go and how quick?" (even though MZC and AUR aren't truly national currencies, that's what the people buying will and have believed) are well and truly down. People have seen aurora rocket to #2 and 1bn on the same premise that MZC has, and I have a strong belief they will buy it all the way to tens of millions of market cap.

The biggest mistakes I have made in crypto have all been based around assuming people won't buy dumb things. DOGE is an example of this.

Many differences between AUR and MZC.   Cryptocurrencies are illegal in Iceland.  Only 100K AUR are floated.   

MZC breaches the legal hurdle,  however at least 40 million MZC are floated.
full member
Activity: 223
Merit: 100
March 04, 2014, 08:41:37 PM
The biggest mistakes I have made in crypto have all been based around assuming people won't buy dumb things. DOGE is an example of this.
Yep.
member
Activity: 87
Merit: 10
March 04, 2014, 08:37:08 PM
Over 1000BTC 24h volume and in the top 10 on coinmarketcap... If you think Big Vern and co wouldn't want their noodly appendages in that pie you are naïve.

I'm glad to have gotten some under 1000 satoshi, and even just the BTC I could spare from a few weeks mining that I put into MZC is now worth more than any other coin holding I have.

I am tempted to sell now, but I will be waiting for it to hit cryptsy and watching it double again. The mental barriers for "how high can a national sovereign crypto go and how quick?" (even though MZC and AUR aren't truly national currencies, that's what the people buying will and have believed) are well and truly down. People have seen aurora rocket to #2 and 1bn on the same premise that MZC has, and I have a strong belief they will buy it all the way to tens of millions of market cap.

The biggest mistakes I have made in crypto have all been based around assuming people won't buy dumb things. DOGE is an example of this.
sr. member
Activity: 448
Merit: 255
March 04, 2014, 08:31:07 PM
next stopp 0,20$??  Roll Eyes
sr. member
Activity: 378
Merit: 250
Embrace change
March 04, 2014, 08:29:17 PM
I'm in, hope it's not too late :/ Let's hold !  Smiley

I think this coin has a very good chance to reach the moon. Grin

You be careful,  it may already be on the moon.
Nah, now when cryptocrush and mintpal prices got aproximaly similar, there will not be atleast these dumpers of arbitrage anymore, the price will go up nicely to the sky. And volume isn't such big yet, just over 1k BTC. If you remember, mint was over 3k BTC, so MZC has much more room for skyrocketing, because it is not pumping big yet, but it will.
sr. member
Activity: 406
Merit: 250
March 04, 2014, 08:11:54 PM
Now added to the Atomic-Trade Exchange!  Come and trade!

USA  Exchange Https://www.Atomic-Trade.com
legendary
Activity: 868
Merit: 1000
Cryptotalk.org - Get paid for every post!
March 04, 2014, 08:11:23 PM
I'm in, hope it's not too late :/ Let's hold !  Smiley

I think this coin has a very good chance to reach the moon. Grin

You be careful,  it may already be on the moon.
legendary
Activity: 868
Merit: 1000
Cryptotalk.org - Get paid for every post!
March 04, 2014, 08:10:23 PM
Who said that Cryptsy will take it up? I hope these are not just rumors.

Rumors?  There are no rumors that Cryptsy will take it up.

It is an expectation that they will.
full member
Activity: 207
Merit: 100
March 04, 2014, 08:07:47 PM
Amazing to see a trade volume of over 1000 BTC at mintpal.

24 Hour Volume:
1082.596 BTC
member
Activity: 98
Merit: 10
To The Moon!
March 04, 2014, 08:07:43 PM
I'm in, hope it's not too late :/ Let's hold !  Smiley

I think this coin has a very good chance to reach the moon. Grin
member
Activity: 98
Merit: 10
To The Moon!
March 04, 2014, 08:06:49 PM
i'm sure with it's recent increase in value they will have it on their site in no time at all. This is just speculation from me as I have not really followed any cryptsy news lately.
member
Activity: 62
Merit: 10
March 04, 2014, 08:06:37 PM
I'm in, hope it's not too late :/ Let's hold !  Smiley
newbie
Activity: 19
Merit: 0
March 04, 2014, 08:03:25 PM
Who said that Cryptsy will take it up? I hope these are not just rumors.
legendary
Activity: 868
Merit: 1000
Cryptotalk.org - Get paid for every post!
March 04, 2014, 07:37:31 PM
So what you think MAZACOIN will go up to? Should we buy more coins now of MAZA and hold for the Cryptsy peeps? Won't the price go down on Cryptsy because of the dumping there or not? Smiley

How would they dump if they don't already have the coin?

Typically when you get into a new exchange that has higher liquidity,  the price goes up momentarily.
member
Activity: 98
Merit: 10
To The Moon!
March 04, 2014, 07:35:22 PM
Let's get Maza on Cryptsy and the other reputable exchange sites.
legendary
Activity: 868
Merit: 1000
Cryptotalk.org - Get paid for every post!
March 04, 2014, 07:34:22 PM
So why exactly is mazacoin welcoming asic's with sha256? Wouldn't going with something more asic resistent, like scrypt-adaptive N or scrypt-jane, make more sense since that will help decentralized and better secure the network. As it stands now, mazacoin is exposed to the same risk as bitcoin, namely where there's a concentration of hashing power to a few entities increasing the risk for a 51%.

If I recall, the guy who had this idea for MazaCoin wanted to acquire an ASIC miner and was soliciting donations for one.   He had this idea that people of his tribe would learn how to mine coins.



legendary
Activity: 3066
Merit: 1188
March 04, 2014, 07:13:34 PM
so I have most but not all of my wealth in it for at least the short term

Well, you're not at immediate risk of loosing it I don't think. I just have haunting nightmares about mooncoin and don't think I have the bottle to entrust my entire holdings to a single alt-coin pump.

Believe it or not, one of the reasons I didn't panic buy AUR is that - incredibly - I happen to have 3 immediate family members who wouldn't know a cryptocurrency from a rice crispy but who are fully fledged, passport holding Icelandic citizens ! I myself am not one - I'm Scottish - but I do speak the language and have a national ID number. So an enforced visit to the embassy to pick up an "IsLykill" for the lot of them is in the offing I think when the airdrop happens. I'm sure by that time it will have been comprehensively dumped by the rest of the world, but I still think the idea is totally amazing as a political gesture of popular power.



newbie
Activity: 59
Merit: 0
March 04, 2014, 07:09:25 PM
Mazacoin p2pool just launched at TreasureQuarry!

Please come help test it out at http://mazacoin.treasurequarry.com:14477

There's no need to "sign up" as it's p2pool so your earnings will go straight to your wallet without the risks of anything being stored on the server.

Just use a Mazacoin address from your wallet as your username and anything as your password.

For example with bfgminer:

bfgminer  -o  http://mazacoin.treasurequarry.com:14477 -u YOURMAZACOINADDRESSHERE -p x

Happy mining!


Been mining over a couple hours and no results. Don't see my wallet address on the pool site graph either.
sr. member
Activity: 322
Merit: 250
March 04, 2014, 07:01:38 PM
So I got left in the dust as it saw 50x gains.  Missing out on thousands of dollars is almost worse than losing everything you have

That's incorrect thinking. You need to straighten out your crypto-trading strategies and priorities. If you continue to think like that, not only will you not make gains, you'll make huge losses.

The goal is:

a) - always take calculated risks. i.e. know what the maximum is you can loose and be prepared to loose it

b) - lock in at least your initial investment before it's too late

c) - remain focused on making large long term gains or small short term ones but always trade within a long term strategy (i.e. if you are bullish long term, then your objective is to maximise the alt coin. If you are bearish, then your objective is to maximise Bitcoin so 'park' your funds in Bitcoin between trades)

I had the complete opposite experience to you. Parked my funds in the alt-coin overnight during a pump without locking **anything** in and woke up to find I'd gone from a 50% gain to a 25$ loss.

If you happen to stumble on a bonanza by accident - all well and good, but don't plan on it (except long term as we all are doing with Bitcoin).

So switch your thinking around because you played your trades by the book by locking in your initial gain. Forget about the bonanza and take pleasure in the fact that you stayed in control - that's far more important than catching a random pump while you were asleep  Wink

If you can believe it, I normally do incorporate similar strategies in my trading.  But looking at the mining difficulty and rising hype and disappearing sell orders I knew with a very high degree of certainty that aurora was going to rise shortly so I decided to go all in for a short period of time, which might've been the first time I've ever done that.  I feel similarly about maza but not to the same degree, so I have most but not all of my wealth in it for at least the short term.

What's crazy is I found some leftover aurora "dust" I had mined on a couple pools which I turned in to almost .1 BTC.
legendary
Activity: 3066
Merit: 1188
March 04, 2014, 06:25:43 PM
So I got left in the dust as it saw 50x gains.  Missing out on thousands of dollars is almost worse than losing everything you have

That's incorrect thinking. You need to straighten out your crypto-trading strategies and priorities. If you continue to think like that, not only will you not make gains, you'll make huge losses.

The goal is:

a) - always take calculated risks. i.e. know what the maximum is you can loose and be prepared to loose it

b) - lock in at least your initial investment before it's too late

c) - remain focused on making large long term gains or small short term ones but always trade within a long term strategy (i.e. if you are bullish long term, then your objective is to maximise the alt coin. If you are bearish, then your objective is to maximise Bitcoin so 'park' your funds in Bitcoin between trades)

I had the complete opposite experience to you. Parked my funds in the alt-coin overnight during a pump without locking **anything** in and woke up to find I'd gone from a 50% gain to a 25$ loss.

If you happen to stumble on a bonanza by accident - all well and good, but don't plan on it (except long term as we all are doing with Bitcoin).

So switch your thinking around because you played your trades by the book by locking in your initial gain. Forget about the bonanza and take pleasure in the fact that you stayed in control - that's far more important than catching a random pump while you were asleep  Wink
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