Thanks LadyK.
Good to know!
Topic: ... - page 6. (Read 36939 times)
tomorrow cryptsy will add the two most voted coins and mazacoin is third, we need to make mazacoin to be on the top...we need to vote. its not too late!! we are still on time
https://twitter.com/cryptsy
https://twitter.com/cryptsy
Not sure if you saw this before?
http://youtu.be/LWKtkxZzUs4
Keiser Report: Vassal State of Troika
Talks about MZC
http://youtu.be/LWKtkxZzUs4
Keiser Report: Vassal State of Troika
Talks about MZC
New press blitz today:
Native American tribes adopt Bitcoin-like currency, prepare to battle US government
http://www.theverge.com/2014/3/5/5469510/native-americans-assert-their-independence-through-cryptocurrency-mazacoin
The Lakota Nation Thinks Cryptocurrencies Could Be 'The New Buffalo'
http://www.thewire.com/politics/2014/03/lakota-nation-thinks-cryptocurrencies-could-be-new-buffalo/358844/
Native American Tribe Adopts Bitcoin As Official Currency
http://www.mintpressnews.com/native-american-tribe-adopts-bitcoin-official-currency/185745/
Could A Bitcoin Spin-Off End The Cycle Of Poverty In Native American Communities?
http://thinkprogress.org/economy/2014/03/05/3365221/bitcoin-native-americans-poverty/
Native American tribes adopt Bitcoin-like currency, prepare to battle US government
http://www.theverge.com/2014/3/5/5469510/native-americans-assert-their-independence-through-cryptocurrency-mazacoin
The Lakota Nation Thinks Cryptocurrencies Could Be 'The New Buffalo'
http://www.thewire.com/politics/2014/03/lakota-nation-thinks-cryptocurrencies-could-be-new-buffalo/358844/
Native American Tribe Adopts Bitcoin As Official Currency
http://www.mintpressnews.com/native-american-tribe-adopts-bitcoin-official-currency/185745/
Could A Bitcoin Spin-Off End The Cycle Of Poverty In Native American Communities?
http://thinkprogress.org/economy/2014/03/05/3365221/bitcoin-native-americans-poverty/
price falling because-
Some profit taking before the next up
Some game playing - this is still thinly traded at very few exchanges
People are manipulating the market as much as they can while market is still thin- I have been watching
Some of the funds coming out of AUR -which also may swing up again but some exiting funds may end up headed to Maza
It is early days
Cryptorush (half the volume) is down (back up again now)
Also people should read up on the coin- and see for themselves- the projected price and timescales..
Buy the dips.
If you want to pump and dump- please move along.
This is in my opinion a very interesting coin - maybe one of the most interesting- for me top 5 and I think it deserves a top 5 market placing...
say what you like but compared to doge or ripple- this coin is far far far far far far far more important and interesting!!! and has far far far more long term potential!!
Some profit taking before the next up
Some game playing - this is still thinly traded at very few exchanges
People are manipulating the market as much as they can while market is still thin- I have been watching
Some of the funds coming out of AUR -which also may swing up again but some exiting funds may end up headed to Maza
It is early days
Cryptorush (half the volume) is down (back up again now)
Also people should read up on the coin- and see for themselves- the projected price and timescales..
Buy the dips.
If you want to pump and dump- please move along.
This is in my opinion a very interesting coin - maybe one of the most interesting- for me top 5 and I think it deserves a top 5 market placing...
say what you like but compared to doge or ripple- this coin is far far far far far far far more important and interesting!!! and has far far far more long term potential!!
I agree entirely that this coin is unique.
Right now though, trading can get very brutal. I had first hand experience just a few days ago when it dipped down to .00000500.
That's when you start questioning your judgement.
I have no short term recommendations for anyone at this time. All I can say is this, if you cannot take the punishment now, you might as well exit since it will get more painful later.
I wonder why the value has fallen 150% since yesterday? Are the Whales planning a massive buy up or now everyone decided to move onto another coin? I have 2k sitting in there and the value plummeting should I hold or sell? 
Hold - defo hold!
much in the pipeline!
I thought Auror coin was a blatant scam with a symbolic gesture to fool unsuspecting crypto buyers/traders to buy the coin while devs dumped a large premine before the so called "airdrop" happens. There was no coordination with the government or even an organization in Iceland ahead of time so it was sololy controlled by the developers. It was a ponzi scheme at best.
So I assume that maze coin is going to be done the same way huh?
So I assume that maze coin is going to be done the same way huh?
err well you assume wrong... try reading
So I saw these two tweets from @CryptoDirect:
* The MazaCoin Development Team is actually working closely with the Lakota Casino. Exciting things in the works.
* The Oglala Lakota Nation is also poised to legalize recreational marijuana. Think your VISA card will buy that?
https://twitter.com/CryptoDirect
That is also the same person who tweeted about the WSJ article. I have no clue if that person is making stuff up, but if not, those could be pretty huge, beyond just the pumping and dumping that has been taking place.
* The MazaCoin Development Team is actually working closely with the Lakota Casino. Exciting things in the works.
* The Oglala Lakota Nation is also poised to legalize recreational marijuana. Think your VISA card will buy that?
https://twitter.com/CryptoDirect
That is also the same person who tweeted about the WSJ article. I have no clue if that person is making stuff up, but if not, those could be pretty huge, beyond just the pumping and dumping that has been taking place.
One of CryptoDirect's tweets:
"The MazaCoin Development Team is all volunteer. We don't even hold any money, CryptoDirect pays our development bounties"
So looks like a close relationship with the dev team.
Interesting. Now if those things would come to fruition...I hate to say it, but....to the moon?
The first post does not seem to identify the chain-ID of the blockchain, the number that makes each merged chain distinct.
That number is needed to check that it does not collide with any of the other merged mined chains...
-MarkM-
That number is needed to check that it does not collide with any of the other merged mined chains...
-MarkM-
The coin does not have merge mine capability yet. Someone needs to code it in.
I have. I can't find a single document from the Tribe itself even discussing MazaCoin, let alone adopting it as their currency.
You will find announcements here:http://cryptominers.freeforums.org/official-announcements-f4.html
You will find the Memorandum of Agreement.
I think that portion has been completely made up.
Anyway, you are just speculating at this point.
I am stating that I can find no statement from the tribe that they have adopted MazaCoin as a currency.
You are speculating that they have adopted it. There seems to be no basis for that speculation.
I thought Auror coin was a blatant scam with a symbolic gesture to fool unsuspecting crypto buyers/traders to buy the coin while devs dumped a large premine before the so called "airdrop" happens. There was no coordination with the government or even an organization in Iceland ahead of time so it was sololy controlled by the developers. It was a ponzi scheme at best.
So I assume that maze coin is going to be done the same way huh?
So I assume that maze coin is going to be done the same way huh?
Which makes sense, if the government of some place wanted to make currency this way does not seem like the way to do it. You would think there would be like 100% premine with maybe proof of share inflation or something like a ripple consensus. Letting people mine in mass does not make for good price control. Most importantly the government of the tribe in this case would would need to control the vast majority of the coins from the get go. Those coins would also have to have a finite number of some sort.
The mining infrastructure is being donated in return for the reward of the coins. Do you have any idea what 7 THps distributed would logistically cost in technical expertise and asic hardware investment. Its a good deal to allow the miners whose hardware is already running to jumpstart the mining of a p2p coin. Were do you think these investors are planing on spending said coins as the businesses who will provide value for the coin start providing unique goods and services in exchange for them. Right back there in the economy of Lakota. This is a great opportunity to prove what the hell bitcoins potential can be inside the USA and the conspiracy crazies are after a ingenious plan that makes good on a promise for a p2p economy in the most realistic manner we could possibly hope for. Give me a break get another hobby already.
That is a large cost but mining power is needed for a premine, the biggest worry of people should be the fact that miners dump most of what the get on exchanges. A large part of what is gotten on exchanges is not used to buy real stuff but to try and increase holding in bitcoins.
I am here to get people to stop wasting money and time on coins that could be manged better, every time there is a pump and dump we lose people who could have been part of the crypto world so a few people can get more money. In my opinion the best way this could have been done is a massive premine so that all or most coins went right into the tribes hand. After which the coins could have been traded off or given to tribe members.
So I saw these two tweets from @CryptoDirect:
* The MazaCoin Development Team is actually working closely with the Lakota Casino. Exciting things in the works.
* The Oglala Lakota Nation is also poised to legalize recreational marijuana. Think your VISA card will buy that?
https://twitter.com/CryptoDirect
That is also the same person who tweeted about the WSJ article. I have no clue if that person is making stuff up, but if not, those could be pretty huge, beyond just the pumping and dumping that has been taking place.
* The MazaCoin Development Team is actually working closely with the Lakota Casino. Exciting things in the works.
* The Oglala Lakota Nation is also poised to legalize recreational marijuana. Think your VISA card will buy that?
https://twitter.com/CryptoDirect
That is also the same person who tweeted about the WSJ article. I have no clue if that person is making stuff up, but if not, those could be pretty huge, beyond just the pumping and dumping that has been taking place.
One of CryptoDirect's tweets:
"The MazaCoin Development Team is all volunteer. We don't even hold any money, CryptoDirect pays our development bounties"
So looks like a close relationship with the dev team.
Hi u all,
Mazacoin was on Kaiser Report ages ago, too bad I forgot all about it. Yep its all real ->
http://www.youtube.com/watch?v=LWKtkxZzUs4
start from 13:10
- Tomi
Mazacoin was on Kaiser Report ages ago, too bad I forgot all about it. Yep its all real ->
http://www.youtube.com/watch?v=LWKtkxZzUs4
start from 13:10
- Tomi
So I saw these two tweets from @CryptoDirect:
* The MazaCoin Development Team is actually working closely with the Lakota Casino. Exciting things in the works.
* The Oglala Lakota Nation is also poised to legalize recreational marijuana. Think your VISA card will buy that?
https://twitter.com/CryptoDirect
That is also the same person who tweeted about the WSJ article. I have no clue if that person is making stuff up, but if not, those could be pretty huge, beyond just the pumping and dumping that has been taking place.
* The MazaCoin Development Team is actually working closely with the Lakota Casino. Exciting things in the works.
* The Oglala Lakota Nation is also poised to legalize recreational marijuana. Think your VISA card will buy that?
https://twitter.com/CryptoDirect
That is also the same person who tweeted about the WSJ article. I have no clue if that person is making stuff up, but if not, those could be pretty huge, beyond just the pumping and dumping that has been taking place.
There is no such thing as hash-rate.
So people measure how long X number of blocks took, which is a roll of dice, and pretend as if the dice rolled exactly statistically average.
So the first block of a new difficulty is a crap-shoot, the last block at a given difficulty is the largest statistical sample but still might not really be a good sized sample if the difficulty changes often...
So the faster difficulty changes the more of a wild assed guess the wild assed guesses at how much hashing is out there tend to be...
Then too, some coins change difficulty every block or few blocks, based on the previous wild assed guess and the total fluke of how fast the last block or few got mined, so tend probably to get into wild runs of flukes...
-MarkM-
So people measure how long X number of blocks took, which is a roll of dice, and pretend as if the dice rolled exactly statistically average.
So the first block of a new difficulty is a crap-shoot, the last block at a given difficulty is the largest statistical sample but still might not really be a good sized sample if the difficulty changes often...
So the faster difficulty changes the more of a wild assed guess the wild assed guesses at how much hashing is out there tend to be...
Then too, some coins change difficulty every block or few blocks, based on the previous wild assed guess and the total fluke of how fast the last block or few got mined, so tend probably to get into wild runs of flukes...
-MarkM-
anyone mining this thing?
I cant seem to get a handle on how much mining power is invested in this coin, the total hashrate varies greatly, when the difficulty increases the net hashrate is almost a petahash but that drops by a huge amount when the difficulty decreases... I know nobody mining this is dropping out when the difficulty goes down, so what am I missing?
I cant seem to get a handle on how much mining power is invested in this coin, the total hashrate varies greatly, when the difficulty increases the net hashrate is almost a petahash but that drops by a huge amount when the difficulty decreases... I know nobody mining this is dropping out when the difficulty goes down, so what am I missing?
I thought Auror coin was a blatant scam with a symbolic gesture to fool unsuspecting crypto buyers/traders to buy the coin while devs dumped a large premine before the so called "airdrop" happens. There was no coordination with the government or even an organization in Iceland ahead of time so it was sololy controlled by the developers. It was a ponzi scheme at best.
So I assume that maze coin is going to be done the same way huh?
So in your completely uneducated backwards thinkingSo I assume that maze coin is going to be done the same way huh?
Which makes sense, if the government of some place wanted to make currency this way does not seem like the way to do it. You would think there would be like 100% premine with maybe proof of share inflation or something like a ripple consensus. Letting people mine in mass does not make for good price control. Most importantly the government of the tribe in this case would would need to control the vast majority of the coins from the get go. Those coins would also have to have a finite number of some sort.
The mining infrastructure is being donated in return for the reward of the coins. Do you have any idea what 7 THps distributed would logistically cost in technical expertise and asic hardware investment. Its a good deal to allow the miners whose hardware is already running to jumpstart the mining of a p2p coin. Were do you think these investors are planing on spending said coins as the businesses who will provide value for the coin start providing unique goods and services in exchange for them. Right back there in the economy of Lakota. This is a great opportunity to prove what the hell bitcoins potential can be inside the USA and the conspiracy crazies are after a ingenious plan that makes good on a promise for a p2p economy in the most realistic manner we could possibly hope for. Give me a break get another hobby already.
That is a large cost but mining power is needed for a premine, the biggest worry of people should be the fact that miners dump most of what the get on exchanges. A large part of what is gotten on exchanges is not used to buy real stuff but to try and increase holding in bitcoins.
I am here to get people to stop wasting money and time on coins that could be manged better, every time there is a pump and dump we lose people who could have been part of the crypto world so a few people can get more money. In my opinion the best way this could have been done is a massive premine so that all or most coins went right into the tribes hand. After which the coins could have been traded off or given to tribe members.
1 why the fuck do you care about the money of people making informed decisions on their own. Are you somehow equipped to know what is better for them with their own fucking money. If you don't want to buy or mine the coin don't, it's simple.
2nd if you have a better plan for the development of a coin all the software code and expertise is open source. Go for it make a ripple copy, or a bitcoin one just don't expect to get the millions and billions of dollars interest from institutions and business people if you don't add some value. From all indications this coin adds more value in a specific quantifiable way than any prior to it. It will be mine and any others risk who decide to mine and buy it in the free market it was placed in. If you are not going to participate other than cry about how it should have been get a fucking life. Go do something positive in the way things actually are or shut the fuck up.
I am just spreading my 2 cents as it were. This coin may make it but I am trying to cation people that there is not much proof of the claims that are being made. Also the price right now is probably a bit high for now.
Just because I do not think that this coin is good right now does not mean I have nothing in anything. I have been in the bitshares since early, I have ultracoins. I even had some of these before I looked into them deeper and thought that it would be better to wait for some real news from the tribe.
I am not calling it a scam just a coin with lots of unanswered questions, that is why people not just myself wonder if the coin is really backed like it is supposed to be.
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