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Topic: [ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay] - page 658. (Read 2376024 times)

legendary
Activity: 3052
Merit: 1281
Get $2100 deposit bonuses & 60 FS
Wow almost 1 day and not anyone have posted here.  Sure people are very busy with ICO's.  Anyway I seen XMG price at very low price, 1351 satoshi.  https://poloniex.com/exchange#btc_xmg, I don't know if it's time to buy this with, Bitcoin bubble still getting bigger each day.  

Do we have a slack channel?
legendary
Activity: 3052
Merit: 1281
Get $2100 deposit bonuses & 60 FS
Our dev is almost ready with new wallets and improvements. Received 15k XMG already for new Proof of Interest campaign.
So Magi is still working on the future!

Yeah, I  have seen  XMG dev working hard and this is a cool news for XMG.  Anyway any news about when will the Proof of Interest campaign start?  Any intention of changing P O I mechanics? I have some idea like

1. Hold a signature  design contest. for jr. member design  to legendary member design (ea has their own prices in XMG)
2. Once the signature design winners is chosen proceed with Signature Campaign program.
3. You can run avatar campaign too.

Rules and mechanics can be set to your liking of course  Grin.

You can run the campaign depends on the budget alotted to it.

This might help promote XMG in different thread here in Bitcointalk.org.


Add on:

this will be very effective if we have a gambling site that only use XMG as coin for betting  (anyone want to make one? but it would be best if the XMG team own it)


legendary
Activity: 1190
Merit: 1009
Coin of the Magi!
any api to get the pow block reward?
or to calc it?

Some documentation is missing; for now, check out the end of this post: https://bitcointalksearch.org/topic/m.9991269
legendary
Activity: 1750
Merit: 1005
Would the DEV of Magicoin be interested in adding the coin to a staking pool that is in development and almost ready for launch? Maybe even contributing some coins to get it started? This staking pool website will be different then other previous sites that have tried and failed to run a staking site. The users will be in control of the coins they invest in the pool because they will have access to the private keys. This way the site owner cannot run off with all the coins and the users can trust the site owner. Early adopters to Magi coin will have a good opportunity to actually earn coins from stake rewards without having to purchase large volumes. There will also be a faucet available so technically a user of the site could start earning coins and stake rewards with no initial investment. There will be many other POS coins available on the site for the same purpose. I think it will be a huge success and be beneficial to POS coins in general.

Giving access to the the Private key does'nt means that the DEV can't transfer all the coins and run away.
Sorry to be negative, but in crypto world I've learnt the hard way to NOT TRUST ANYBODY, even myself.

I maybe willing to try your pool, but we will see what really the site will be.
Good luck...

Yeah you are right about that but I just think its a new way to do it that might make users feel a little bit more easy about storing their coins in the online wallet. I think we will be launching the site in about a week so I will post the link when we launch if you want to give it a shot or support it in any way you can. Thanks for your honest opinion.
Thanks for your post here amigo.
I will watch your launch of the website.
Welcome in our awesome Magi community!
newbie
Activity: 35
Merit: 0
Would the DEV of Magicoin be interested in adding the coin to a staking pool that is in development and almost ready for launch? Maybe even contributing some coins to get it started? This staking pool website will be different then other previous sites that have tried and failed to run a staking site. The users will be in control of the coins they invest in the pool because they will have access to the private keys. This way the site owner cannot run off with all the coins and the users can trust the site owner. Early adopters to Magi coin will have a good opportunity to actually earn coins from stake rewards without having to purchase large volumes. There will also be a faucet available so technically a user of the site could start earning coins and stake rewards with no initial investment. There will be many other POS coins available on the site for the same purpose. I think it will be a huge success and be beneficial to POS coins in general.

Giving access to the the Private key does'nt means that the DEV can't transfer all the coins and run away.
Sorry to be negative, but in crypto world I've learnt the hard way to NOT TRUST ANYBODY, even myself.

I maybe willing to try your pool, but we will see what really the site will be.
Good luck...

Yeah you are right about that but I just think its a new way to do it that might make users feel a little bit more easy about storing their coins in the online wallet. I think we will be launching the site in about a week so I will post the link when we launch if you want to give it a shot or support it in any way you can. Thanks for your honest opinion.
full member
Activity: 239
Merit: 100
any api to get the pow block reward?
or to calc it?
sr. member
Activity: 312
Merit: 250
Would the DEV of Magicoin be interested in adding the coin to a staking pool that is in development and almost ready for launch? Maybe even contributing some coins to get it started? This staking pool website will be different then other previous sites that have tried and failed to run a staking site. The users will be in control of the coins they invest in the pool because they will have access to the private keys. This way the site owner cannot run off with all the coins and the users can trust the site owner. Early adopters to Magi coin will have a good opportunity to actually earn coins from stake rewards without having to purchase large volumes. There will also be a faucet available so technically a user of the site could start earning coins and stake rewards with no initial investment. There will be many other POS coins available on the site for the same purpose. I think it will be a huge success and be beneficial to POS coins in general.

Giving access to the the Private key does'nt means that the DEV can't transfer all the coins and run away.
Sorry to be negative, but in crypto world I've learnt the hard way to NOT TRUST ANYBODY, even myself.

I maybe willing to try your pool, but we will see what really the site will be.
Good luck...
newbie
Activity: 35
Merit: 0
Would the DEV of Magicoin be interested in adding the coin to a staking pool that is in development and almost ready for launch? Maybe even contributing some coins to get it started? This staking pool website will be different then other previous sites that have tried and failed to run a staking site. The users will be in control of the coins they invest in the pool because they will have access to the private keys. This way the site owner cannot run off with all the coins and the users can trust the site owner. Early adopters to Magi coin will have a good opportunity to actually earn coins from stake rewards without having to purchase large volumes. There will also be a faucet available so technically a user of the site could start earning coins and stake rewards with no initial investment. There will be many other POS coins available on the site for the same purpose. I think it will be a huge success and be beneficial to POS coins in general.
legendary
Activity: 1019
Merit: 1003
Senior Developer and founder of ViMeAv ICT
legendary
Activity: 1750
Merit: 1005
http://imgur.com/7n1fvXq

I must admit I'm surprised looking at this chart, I didn't know Magi lost so much value compared to BTC in the last year.
I really hope thats about to change and we finally move up from here.
Looking forwards to new wallet and new improvements.
Most Alt coins are following a similar trend - some worse, as a lot of people are selling their alts to invest in BTC - Magi is keeping stable to USD around $0.008 to $0.01 which is good under the market conditions, so as the BTC/USD value is rising XMG/USD is falling, however, from observing the transactions on poliniex over the last few days I think most of the people that were selling large stocks of XMG to invest into BTC have already sold out, and there are not so many buy orders within the $0.008 to $0.01 range, so maybe the price to USD will start to rise a little increasing the market cap as there may be more demand than supply (market cap is at a pretty high level and approx 25% higher than market was at the start of the year, average figure over a month is highest in a long time). I guess we'll see what happens over the next couple of weeks...
As BTC price surges,all alt coins are dropping. Grin
The only major coins just about keeping up with BTC are ETC, LTC, DOGE and XMR most others are dropping by 15-20%, BTC has increased by 20%, so actually market cap of most alts is up. Check the 7d history of the following two links for comparison. Magi (ranked 194) fares pretty well, especially amongst the smaller coins and ignoring the ones that look like they are being pumped
http://coinmarketcap.com/currencies/views/all/#USD
http://coinmarketcap.com/currencies/views/all/#BTC
Yes indeed Magi does it really nice! I'am very happy with our awesome Magi community & team.
legendary
Activity: 1484
Merit: 1029
http://imgur.com/7n1fvXq

I must admit I'm surprised looking at this chart, I didn't know Magi lost so much value compared to BTC in the last year.
I really hope thats about to change and we finally move up from here.
Looking forwards to new wallet and new improvements.
Most Alt coins are following a similar trend - some worse, as a lot of people are selling their alts to invest in BTC - Magi is keeping stable to USD around $0.008 to $0.01 which is good under the market conditions, so as the BTC/USD value is rising XMG/USD is falling, however, from observing the transactions on poliniex over the last few days I think most of the people that were selling large stocks of XMG to invest into BTC have already sold out, and there are not so many buy orders within the $0.008 to $0.01 range, so maybe the price to USD will start to rise a little increasing the market cap as there may be more demand than supply (market cap is at a pretty high level and approx 25% higher than market was at the start of the year, average figure over a month is highest in a long time). I guess we'll see what happens over the next couple of weeks...
As BTC price surges,all alt coins are dropping. Grin
The only major coins just about keeping up with BTC are ETC, LTC, DOGE and XMR most others are dropping by 15-20%, BTC has increased by 20%, so actually market cap of most alts is up. Check the 7d history of the following two links for comparison. Magi (ranked 194) fares pretty well, especially amongst the smaller coins and ignoring the ones that look like they are being pumped
http://coinmarketcap.com/currencies/views/all/#USD
http://coinmarketcap.com/currencies/views/all/#BTC
member
Activity: 61
Merit: 10
http://imgur.com/7n1fvXq

I must admit I'm surprised looking at this chart, I didn't know Magi lost so much value compared to BTC in the last year.
I really hope thats about to change and we finally move up from here.
Looking forwards to new wallet and new improvements.
Most Alt coins are following a similar trend - some worse, as a lot of people are selling their alts to invest in BTC - Magi is keeping stable to USD around $0.008 to $0.01 which is good under the market conditions, so as the BTC/USD value is rising XMG/USD is falling, however, from observing the transactions on poliniex over the last few days I think most of the people that were selling large stocks of XMG to invest into BTC have already sold out, and there are not so many buy orders within the $0.008 to $0.01 range, so maybe the price to USD will start to rise a little increasing the market cap as there may be more demand than supply (market cap is at a pretty high level and approx 25% higher than market was at the start of the year, average figure over a month is highest in a long time). I guess we'll see what happens over the next couple of weeks...
As BTC price surges,all alt coins are dropping. Grin
legendary
Activity: 1484
Merit: 1029
http://imgur.com/7n1fvXq

I must admit I'm surprised looking at this chart, I didn't know Magi lost so much value compared to BTC in the last year.
I really hope thats about to change and we finally move up from here.
Looking forwards to new wallet and new improvements.
Most Alt coins are following a similar trend - some worse, as a lot of people are selling their alts to invest in BTC - Magi is keeping stable to USD around $0.008 to $0.01 which is good under the market conditions, so as the BTC/USD value is rising XMG/USD is falling, however, from observing the transactions on poliniex over the last few days I think most of the people that were selling large stocks of XMG to invest into BTC have already sold out, and there are not so many buy orders within the $0.008 to $0.01 range, so maybe the price to USD will start to rise a little increasing the market cap as there may be more demand than supply (market cap is at a pretty high level and approx 25% higher than market was at the start of the year, average figure over a month is highest in a long time). I guess we'll see what happens over the next couple of weeks...
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
http://imgur.com/7n1fvXq

I must admit I'm surprised looking at this chart, I didn't know Magi lost so much value compared to BTC in the last year.
I really hope thats about to change and we finally move up from here.
Looking forwards to new wallet and new improvements.

I think that everything should change with the release of the new wallet and Proof of Interest 4. Now it is close to $0.01 in value so it is getting back on track. I am wondering if I could set up a Coin Magi node from within a Raspberry Pi 2. It would be of great help to the Magi network and to preserve the coin for long term.

By the way, an online XMG wallet wouldn't be a bad idea after. It would make things pretty convenient to the coin to make it accessible anytime, anywhere. Just sharing my opinion.  Smiley

Online XMG wallet is absolutely a good idea. I like to see p2pool coming up if one can do that.

Furthermore, I wish people can contribute to documentations (mining guides, pi setup etc); I'll bring up a wiki site some time that will explain magi and disseminate the idea better.


That would be very ideal to have complete guide on how Magi works for the peace of mind for newbies. Having a Wiki will make it easier for collaboration between the members of the Magi community to have a well made documentation for the coin.

About the online wallet, it would be best to have the possibility of storing XMG but staking them as well right from within the cloud. This will make it pretty handy and useful.  Smiley
legendary
Activity: 1190
Merit: 1009
Coin of the Magi!
http://imgur.com/7n1fvXq

I must admit I'm surprised looking at this chart, I didn't know Magi lost so much value compared to BTC in the last year.
I really hope thats about to change and we finally move up from here.
Looking forwards to new wallet and new improvements.

I think that everything should change with the release of the new wallet and Proof of Interest 4. Now it is close to $0.01 in value so it is getting back on track. I am wondering if I could set up a Coin Magi node from within a Raspberry Pi 2. It would be of great help to the Magi network and to preserve the coin for long term.

By the way, an online XMG wallet wouldn't be a bad idea after. It would make things pretty convenient to the coin to make it accessible anytime, anywhere. Just sharing my opinion.  Smiley

Online XMG wallet is absolutely a good idea. I like to see p2pool coming up if one can do that.

Furthermore, I wish people can contribute to documentations (mining guides, pi setup etc); I'll bring up a wiki site some time that will explain magi and disseminate the idea better.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
http://imgur.com/7n1fvXq

I must admit I'm surprised looking at this chart, I didn't know Magi lost so much value compared to BTC in the last year.
I really hope thats about to change and we finally move up from here.
Looking forwards to new wallet and new improvements.

I think that everything should change with the release of the new wallet and Proof of Interest 4. Now it is close to $0.01 in value so it is getting back on track. I am wondering if I could set up a Coin Magi node from within a Raspberry Pi 2. It would be of great help to the Magi network and to preserve the coin for long term.

By the way, an online XMG wallet wouldn't be a bad idea after. It would make things pretty convenient to the coin to make it accessible anytime, anywhere. Just sharing my opinion.  Smiley
legendary
Activity: 1190
Merit: 1009
Coin of the Magi!
Any positive information of xmg?
Praying for the next great coin, good luck everyone! Wink Wink

For any big positives may lie in what gonna happen in v1.4 or v1.5, to be honest, if what's planned are to be done and agreed by people desirable to magi.
legendary
Activity: 1274
Merit: 1006
http://imgur.com/7n1fvXq

I must admit I'm surprised looking at this chart, I didn't know Magi lost so much value compared to BTC in the last year.
I really hope thats about to change and we finally move up from here.
Looking forwards to new wallet and new improvements.
legendary
Activity: 1484
Merit: 1029
Any positive information of xmg?
Praying for the next great coin, good luck everyone! Wink Wink

Well the price of XMG has increased a bit as well as a new wallet is about to be released. Also, I think that once the new wallet is out, there will be a new Proof of Interest 4 starting out soon. That is why its best to buy some coins while they are cheap in order to earn more at the time POI ends. Great stuff are coming along for XMG in the next few days.  Wink
Indeed =)
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
Any positive information of xmg?
Praying for the next great coin, good luck everyone! Wink Wink

Well the price of XMG has increased a bit as well as a new wallet is about to be released. Also, I think that once the new wallet is out, there will be a new Proof of Interest 4 starting out soon. That is why its best to buy some coins while they are cheap in order to earn more at the time POI ends. Great stuff are coming along for XMG in the next few days.  Wink
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