Definitely good news for Magi! Now it would be best to hold on tight onto your XMG coins as this will probably get very interesting in the next days. Magi is finally on Poloniex and it may soon spread to other exchanges once it becomes extremely popular. I have no doubt that it will be the best alt coin yet! Prices have remained relatively stable so that is a good sign that XMG is a safe investment. Just my opinion.
I agree to hold onto the majority of coins - but its still good to offer a small amount to the exchanges, if there is no Magi for people to buy then the coin will not be so tempting for the large investors. That's why I'm holding 80% of my coin and using the other 20% to the market no matter what the price is (and with the recent volatility my 20% holding has increased to 30%)
Awesome, there has been a massive spike in XMG - 15BTC have invested in the last 24 hours =) Price just leaped all the way to 5.5K
And, I just noticed that the price of 5,000 is being secured with a wall of 7BTC. Very exciting times for the MagiCoin...
The wall has now increased to 11BTC. That's pretty substantial, I think somebody is prepared to draw a large quantity XMG in before driving a pump, market cap is up to $181,000.