Topic: [ANN] [MΣC] Megacoin.co.nz - Forum, Github, Website Now in 18 Languages - page 20. (Read 330771 times)

There is a massive disconnect somewhere. I keep reading all these reports saying the unemployment rate is wonderful, there is no inflation, and the stock market is doing great.

On the other side we have record numbers of people not working, on welfare and food stamps, and massive inflation on food and essentials. Someone is not telling the truth, and I don't think they are fooling the average person.

http://www.telegraph.co.uk/finance/11805523/Doomsday-clock-for-global-market-crash-strikes-one-minute-to-midnight-as-central-banks-lose-control.html

Not a very long way down if it drops 400 points a day like in 2008.

The DOW just lost all of the gains it made yesterday.

Funny that Trump mentioned this is the debates before it happened.

http://americasmarkets.usatoday.com/2015/08/11/stocks-tuesday-23/

http://www.reuters.com/article/2015/08/11/us-china-markets-yuan-trump-idUSKCN0QG1FE20150811

Good choice of words... "Unhinges".  

http://in.reuters.com/article/2015/08/11/markets-commodities-idINL3N10M4GC20150811

It's a long way down from 17,000

Crypto to the rescue!

The price on almost every coin has been down lately. For me this is the best time to convert some fiat. I had hoped this recent rally would be the start of the next big one, but you can be sure it won't be much longer. I expect we will see some major price advances in September or October. There is massive evidence to support a coming rally in crypto.

The Megacoin core update, and block reward halving should happen with excellent timing. 

So much for the government claiming unemployment is low. It's only because the majority of unemployed no longer qualify for financial aid.

http://cnsnews.com/news/article/susan-jones/record-93770000-americans-not-labor-force-participation-rate-matches-38

http://www.breitbart.com/big-government/2015/08/07/record-93770000-americans-not-in-labor-force/

And the best for last...

http://www.reuters.com/article/2015/08/03/us-usa-economy-idUSKCN0Q81C220150803

This is the part I really love......  "Excluding food and energy". Inflation is low as long as you don't need to eat, or go anywhere. 

Core update looking good, buy up before the rise.

Nice, megacoin should be on all exchanges

We are pleased to announce that you can now trade Megacoin at SouthXchange!

Happy trading!

Just something to think about... I know it's a long-shot, but Kimoto talked about doing something that would establish Megacoin for the long term. He said he is no longer developing for Megacoin, but that doesn't mean the projects weren't finished. So I think there is still a possibility that this code could be released. I know it's highly speculative, but the element of surprise has always been one of Megacoin's trademarks. At the very least I hope we find out what those projects were about.

Ok here we go:


True, not much of an effect but only because it has already been one and half years since an update. Broken promises not included.
Does put the final nail in the coffin for any hope of future groundbreaking projects.


btc38 yes, cryptsy not so much. MEC is now one of several coins (blk, zccoin, qrk, bost, etc.) that are primarily traded on btc38 and get pumped and dumped together. It appears btc38 has large stashes of these coins, be careful.


This is a good to see after the official Kimoto departure. Hopefully they can address the long block times that have been plaguing the coin this year.
It remains to be seen if the exchanges, chinese mining pools, etc. will adopt the core updates though.


See point above on btc38


Yes it is a nice block explorer. But that is it. There have been no updates to it since Coinbase acquired it. Any hope that MEC may be added to Coinbase some day because of it seems far fetched. Still waiting for LTC first.

I would never consider MEC a pump and dump. There was simply too much work involved up front. One of the first alt cores based on bitcoin, the wallet, the gravity well, etc. However it will always be to me the alt with the greatest unrealized potential. Maybe some day we will find what (if anything) Kimoto had planned.

Take care friends

A few notable Megacoin talking points.

• Kimoto's recently announced departure - not much of an effect on anything really
• Plenty of MEC actively exchanged on both cryptsy.com and btc38.com
• MEC core updates being coded by the LIMX team
• Resilient market cap, as regularly mentioned
• MEC listed on blockr.io, which was purchased by Coinbase.  Note:  very few coins listed on blockr.io

btc38.com is a huge Chinese exchange, the fact that MEC is even listed there is significant.  Just as with many alts, you see plenty of big waves of trading followed by slow periods, and so the cycle repeats.

It's very easy to go thread hopping and call alts scams and cry because early miners and buyers hold coins, but the facts speak for themselves.  It's very likely that MEC continues to stand out among the top mineable coin market caps, and attracts even more attention as focus shifts back to what it evolves into.  At a minimum, MEC is already being used as a store of wealth inside of some large exchanges and has been for almost 2 years now.

Back in 2013 a lot of coins went up in value for a short time. Many of them no longer exist. Lebowskis come to mind.  
Megacoin was one of the original alt-coins. There will only be half as many as there are Litecoins, and from different aspects Megacoin is superior.

I really don't enjoy bashing people, but those who are either too stupid, or too clueless get what they deserve. There are plenty of junk coins in the list of over 500 alt-coins. Megacoin is consistently near the top. It doesn't take a genius to figure it out...

http://bravenewcoin.com/price/price-index/

Currently #19, but I'm sure there are much better days ahead. 

hehe he must of missed the megacoin run in 2013.....

Kimoto delivered, most other coins never did.

Bitcoin got pumped n dumped in 2013 too.

Like vtr99 said, dump your coins ill buy them no problem.

All coins were "pumped and dumped" during the 2013 boom you idiot! Instead of making an ass of yourself, just sell your coins and move on.

What he meant to say is that there is nothing special about MEC, so please buy my bag.

I haven't thought about MEC in ages.  For real though, it was a scam coin launched with front loaded blocks when that was atypical, and purposely with an ANN that made it look like dogshit so people would ignore it and the mythical Dr. Kimoto could mine it all for himself.  Dr. Kimoto was a parody of Satoshi and admittedly did deliver an innovative difficulty adjustment algorithm for the time.  That is the extent of his accomplishments.  It was massively pumped and dumped during the late 2013/early 2014 alt boom.  Just let it die like the shit it has always been.

So core update + block halving on a coin with max 42 million coins....

People have forgotten about megacoin but they will be sorry once the run starts.

Get in early guys.

Don't forget the block reward will be halving this fall. Megacoin will start to become much more rare.

http://www.bloomberg.com/news/articles/2015-07-27/demark-sees-14-china-plunge-as-stocks-mirror-1929-u-s-crash

Sorry no, this was the all time high on btc38 for megacoin.

We will get back to that level, just warning people not to miss out. 

Core update on its way too 

Why? Today?

22 Million RMB high volume on MEC.   3544271.72 US Dollar

http://www.forbes.com/sites/reuvencohen/2013/11/27/the-top-30-crypto-currency-market-capitalizations-in-one-place/

Megacoin    $ 12,334,301 $ 0.59    21,029,550 MEC