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Topic: [ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay] - page 550. (Read 2375972 times)

hero member
Activity: 2128
Merit: 520
what happened?  my friend told me some good news about XMG will release a few days ago. and now ......
 Cry Cry Cry Cry Cry

Maybe the reason is the average volume of last 4 months were very small, which caused this delist. Accept or not, this is the reality.
we don't have any choice but even it will be delisted from polo there's still a lots of exchange who still supporting the project might be
possible that a huge impact will hit the value for now but if the dev delivers and provide more progress there's still a lots of potentials
for this project.
legendary
Activity: 1750
Merit: 1005
I hope I wrote it right: https://twitter.com/neuro_fish/status/855050962947493890
I'll try to make more tweets on this.
I'm sure the community has many members active on twitter too, keep in mind it's an useful tool for such actions.
Retweeted! Smiley
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
I hope I wrote it right: https://twitter.com/neuro_fish/status/855050962947493890
I'll try to make more tweets on this.
I'm sure the community has many members active on twitter too, keep in mind it's an useful tool for such actions.
legendary
Activity: 1470
Merit: 1010
Join The Blockchain Revolution In Logistics
newbie
Activity: 58
Merit: 0
Yeah, I do agree the the delisting of this coin makes no sense, as it is being actively developed and has some great features. I think maybe the decision to delist was made last year some time, but they didn't take the recent rise in popularity into account unfortunately. I would say that the coin is undervalued at this point. If we can get requests up to a critical mass, we may be able to get them to lift the delist. Has that ever happened before?
legendary
Activity: 1750
Merit: 1005
Yes but personal this hurts because we don't know the exact reason.
You are right - I feel with you there - I also didn't hear that Polo changed their mind about a coin before - no harm in trying though...

Actually we still have a chance.

Everybody with account on Polo should create support ticket asking why they are delisting xmg.
I will do it later today. As we can see they sometimes change their mind.
For us Xmg community it doesnt matter if Xmg is on Polo or not. But it is important for potential new community members.
Right words xinwao. The more support tickets the better.
legendary
Activity: 1750
Merit: 1005
That's the issue. The issue is the damage suffered by Poloniex's customers. Their customers' best interests were not protected, rather it looks more like they were raped by the exchange itself.

All this looks indeed like something premeditated. Since the release of the new wallet the price was growing steadily and suddenly *boom*: the announcement it's going to be delisted and (I don't want to debate it was before the announcement or after) the huge dump.
What I want to say is that not only Poloniex customers were affected. The shock wave have hit all the exchanges (and I guess that the quicker ones made some easy money buying @ Polo and selling on all the other exchanges).


The coin is good, there's active development on it, so with or without Poloniex the coin has still a great potential.
But also I think that instead of searching who's guilty for what we should indeed act and try to keep the coin at Poloniex, since this gives people more trust in the coin.

Thats right Neuroticfish. We can only try to keep Magi on Polo. In the mean time we will continue working on the future of Magi.
newbie
Activity: 20
Merit: 0
People are selling xmg in panic but this is very good coin.and it will cross 8k this week
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
That's the issue. The issue is the damage suffered by Poloniex's customers. Their customers' best interests were not protected, rather it looks more like they were raped by the exchange itself.

All this looks indeed like something premeditated. Since the release of the new wallet the price was growing steadily and suddenly *boom*: the announcement it's going to be delisted and (I don't want to debate it was before the announcement or after) the huge dump.
What I want to say is that not only Poloniex customers were affected. The shock wave have hit all the exchanges (and I guess that the quicker ones made some easy money buying @ Polo and selling on all the other exchanges).


The coin is good, there's active development on it, so with or without Poloniex the coin has still a great potential.
But also I think that instead of searching who's guilty for what we should indeed act and try to keep the coin at Poloniex, since this gives people more trust in the coin.
HR
legendary
Activity: 1176
Merit: 1011
Transparency & Integrity
what happened?  my friend told me some good news about XMG will release a few days ago. and now ......
 Cry Cry Cry Cry Cry

Maybe the reason is the average volume of last 4 months were very small, which caused this delist. Accept or not, this is the reality.

The main point isn't whether the decision was correct or not, or whether we agree or not, rather the issue is with how the decision was implemented.

major pumps + late night announcement + crashes in all the affected coins

That's the issue. The issue is the damage suffered by Poloniex's customers. Their customers' best interests were not protected, rather it looks more like they were raped by the exchange itself. Without a doubt, that is what things look like on the surface, and this needs to be documented and followed up on to either confirm or debunk that supposition.

(BTW, almost as an aside since this has to do with the decision itself, what about FLO, GRC, NAV, NEOS, NMC, OMNI, RADS, VRC for example? Their volume seems as low as or even lower than some of the de-listed coins. Nevertheless, this is anecdotal, since the real issue is the damaged suffered as a result of how Poloniex handled the implementation.)
full member
Activity: 171
Merit: 100
Yes but personal this hurts because we don't know the exact reason.
You are right - I feel with you there - I also didn't hear that Polo changed their mind about a coin before - no harm in trying though...







Actually we still have a chance.

Everybody with account on Polo should create support ticket asking why they are delisting xmg.
I will do it later today. As we can see they sometimes change their mind.
For us Xmg community it doesnt matter if Xmg is on Polo or not. But it is important for potential new community members.
legendary
Activity: 1750
Merit: 1005
what happened?  my friend told me some good news about XMG will release a few days ago. and now ......
 Cry Cry Cry Cry Cry

Maybe the reason is the average volume of last 4 months were very small, which caused this delist. Accept or not, this is the reality.
Its a maybe!!! What was the average volume last month?
Last two months?
sr. member
Activity: 306
Merit: 250
what happened?  my friend told me some good news about XMG will release a few days ago. and now ......
 Cry Cry Cry Cry Cry

Maybe the reason is the average volume of last 4 months were very small, which caused this delist. Accept or not, this is the reality.
full member
Activity: 222
Merit: 100
what happened?  my friend told me some good news about XMG will release a few days ago. and now ......
 Cry Cry Cry Cry Cry
legendary
Activity: 1400
Merit: 1050
Anyone know what is going on with Poloniex delisting? Have you recived a response from them? Anyway... is strange, even VOX with 2000+ BTC volume is delisted.
Polo is most likely actively manipulating crypto market... (at the expense of less known coin...) definitely scammy (in the sense that polo isn't allowed by law to go against their customers interest)
full member
Activity: 800
Merit: 143
Anyone know what is going on with Poloniex delisting? Have you recived a response from them? Anyway... is strange, even VOX with 2000+ BTC volume is delisted.
legendary
Activity: 1750
Merit: 1005
Magi is going to do great! Just look at the bittrex volume so far. Smiley
Its doing pretty well on Polo too right now, price back to 3300 (at least compared to the other coins I had on there)

Yes, but why Polo is delisting the coin, till now there is no response from Polo admin.
Is there any rule in Polo that we have to reach a minimum in order to continue the coin Polo.
After delisting news, it is doing good in Bittrex, at least they need to reply to dev's.
Thanks for posting amigo.
What do you mean with: we have to reach a minimum in order to continue the coin ..?
Do you mean the volume? Thought the volume was very good last weeks.
Indeed we need to receive a reply from Polo.
We will see
sr. member
Activity: 658
Merit: 251
VIMee - Social Network
Magi is going to do great! Just look at the bittrex volume so far. Smiley
Its doing pretty well on Polo too right now, price back to 3300 (at least compared to the other coins I had on there)

Yes, but why Polo is delisting the coin, till now there is no response from Polo admin.
Is there any rule in Polo that we have to reach a minimum in order to continue the coin Polo.
After delisting news, it is doing good in Bittrex, at least they need to reply to dev's.
newbie
Activity: 1
Merit: 0
Yes but personal this hurts because we don't know the exact reason.
You are right - I feel with you there - I also didn't hear that Polo changed their mind about a coin before - no harm in trying though...

https://i.imgur.com/XDzO0l3.jpg

https://i.imgur.com/GU9hqHE.jpg

https://i.imgur.com/znbV51Y.jpg

Actually we still have a chance.
legendary
Activity: 1484
Merit: 1029
The news does sound uncomfortable, and sort of sad, that one decision could make so much difference just in seconds, and not just us but many too. I recalled the time when they are yet gaining the popularity we had some associations with them, talking about listing XMG with submission through web, reviewing in IRC, etc. I guess this isn't their style any more. While I'm nowhere certain how I can be effective, I'll certainly talk to them.

Please give us an update when you talked with them.

Haven't got a response from them on my support request.
Thanks Joe. Let us continue with Magi. With our awesome Magi community we are strong and will become stronger.

Thanks Joe,

I'm also preparing some material together to help persuade them to keep magi. Either way, I think Magi still has a great future.
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