Topic: [ANN][MAG] MAGNET - GOES STELLAR - More in description / magnetwork.io - page 68. (Read 83023 times)

the price is moving too much because of many small amount sell order, hopefully magnet can list at other major exchange to get the price stabilize and not letting those ppl to create too much panic sell.

I really appreciate all the hard work that dev has done , and hope this project can success.

As suggested above, try to join us on slack it is much easier to provide live help there than on forums.

Now technically the documentation to compile the code base for Windows may have worked several years ago in previous forks but since it has not been updated, as you noticed, the procedure is merely not applicable anymore "as-is". Systems and all tools in the chain, constantly receive updates. The code base itself received updates (from an autoconf build to qmake etc...), you will need additional steps to install dependencies that were either provided by default before and are now available only as adhoc installs...

The Magnet QT wallet for Windows is compiled using MXE (M cross environment) on Linux, and that's probably the easiest way rather than trying to get a functional toolchain on Windows.

We are planning to update the docs to compile under the various systems (windows, linux, macos) as time allows but in the meantime I encourage you to join us on slack - glad to help anytime there!

Hello
i mining Magnet since thursday, on Friday i got a payout from magnetpool.io.
But after this nothing happend. No payout since the date and only 180 pending blocks.
Is there something wrong. Must i Change Pool? Wich is the best Pool?

Time and the price will prove..

That's because of the 'intelligent' way to reward masternodes - using this flipping coin/randomness.
There are a lot of new coins generated every day but nobody will want to buy them after they realise magnet masternodes are useless.. Especially that mnrank say one thing and the reality is much much worse..
I hope the dev(s) learn a lesson from this.
The price will go further down. I have no interest to buy, I sold my 2 MN coins when price was $0.4, so don't say that I am telling you this because I want to buy more..

There are 192000 new coins generated daily through pow/pos, so every 5 days 1 million mag hit the (only) exchange.
Now there are 4.4 mil mag coins, there will be 8 mil by Christmas, so go figure out what will happen with the price..

What is pour ? poor you mean ?
ah btc is in red other alt coins are green . but this coin is in red. perharps green later  

why price mow down when dev relise wallet ? price should go up but go down ?

I'm very much interested in building the windows wallet from source but the github instructions seem to be missing steps or are possibly referring to older versions of the software and I cannot follow properly. For example on step 5) "Run msys.bat located in C:\MinGW49-32\msys\1.0", there is no MinGW49-32 directory at all and I even made sure to install MinGW 5.3.0 from the Tools menu in the latest version of Qt installer (Qt 5.10.0). The closest I can find is C:\Qt\Qt5.10.0\5.10.0\mingw53_32 but it does not contain an msys directory or msys.bat. I then downloaded and installed the latest MinGW from http://www.mingw.org and lo and behold I now have the msys.bat so I was able to continue through step 7 and build leveldb but once again on step 10 there is no C:/dev directory and that is where I am stuck. Step 11 mentions running the 49-32-qt5.bat file which I have nothing similar on my machine so I did a search and pulled up instructions on how to build similar windows wallets for some other coins: https://github.com/CoinProjects/AmsterdamCoin and https://github.com/coinonat/CoinonatX. I mean the steps for those are pretty much word-for-word identical instructions which may make sense for these Qt wallets since they are basically the same thing with slightly different code to work with a different blockchain, but nothing is explained about how these folders should magically appear on a computer.

I saw a msg here about joining slack to ask the devs but when I try to enter the magnet slack it says I cannot log in (Sorry, you entered an incorrect email address or password) - and yes, I am able to log into other slack channels just fine so it appears this is invite only or locked? (I admit I know very little about slack at this moment as I have not had to use it up to this point).

Truthfully the only reason I want to build from source instead of just download the compiled wallet is because of the virus warnings. Apparently other wallets have this same warning but I am staking in 6 other coins, all in qt wallets and zero of them give me virus warnings. I need to prove to myself that compiling from source will trip the same warnings before I can truly trust this wallet but Im almost feeling like the instructions are intentionally vauge and difficult to follow. If someone can point me in the right direction I would be more than happy to write some up-to-date instructions so that even the non-developers among us can follow along. It seems I am not the only one who is having troubles with this process as there is a recent issue posted on git about this very problem https://github.com/magnetwork/magnet/issues/2. For the record, I am a software developer by trade and could probably figure the rest out on my own if I spend a few more hours on this problem but I have never done much with python development so the tools are foreign to me currently. Has anyone else been able to successfully build the windows wallet?

Indeed
With 160 mns it is generating a roi of 20,000% per year..
So you need 1000 coins for a MN and currently it generates 500/day lol
At least this is what mnrank says..

A future cautionary tale!

Yw
This is what happens if you generate too much and nobody wants to buy:
https://coinmarketcap.com/currencies/xylo/

thank you for all your advice  and information   

It could be risky if there are no people buying mag for masternodes - you need to consider that.
Personally I wouldn't buy now.

I had two but sold them. Initially they were ok (~400/day) but very low reward afterwards.
For me the last two days generated ~100/day/mn. So a roi of 100 days.

i get 200-300 MAG  daily, for me its profitable.


200*7 days = 1400 MAG  at current price:  0.30*1400 = 420 USD weekly.

tmkn, with that being said, would you recommend a mn?     what would you say is the correct daily profit?  roi?

The problem is that too much MAG is generated daily, the devs did this to attract the miners/ MN.
The price won't go up unless more masternodes are set up.
But MNs get a very low reward because of the 50% so you can run a mn 2-3 days without getting anything.
So people get fooled by the mnrank.com statistics which is wrong - the rewards are much lower than what is listed there.

Not to mention the coinexchange "incident".

thanks for the info 

Communication is more intense on Slack where dev are mostly available 24h

I think price currently is remant sale.

2MN setup 4 days running time 2200 MAG reward

All good dev

I am thinking about grabbing a mag masternode and would also like to know thoughts from mag mn owners    It looks like a good project with potential.  How is the wallet working?  Good rewards?  Active community?