Topic: [ANN][MZC][SHA-256] MAZACOIN *First Sovereign Currency* ANDROID WALLET AVAIL.!! - page 27. (Read 278458 times)

Fuck it? Wake up?

We already have touched the ground, there is really not much deeper to fall than where we are now. So we can only grow.

That's like threatening someone who already is in hell, the he must behave or else he will go to hell. We are already there, dude.

Doesn't make sense.... sometime someone has to reach a deep point and realize that there is a mess and start fixing things, making things better.

 

And then real organic growth can happen. Be truthful...

Nobody told you you had to buy Mazacoin for high price... you should have known about buyers beware... Nobody owes you anything, least a profit.

Wake the fuck up, I spent 0.15 on this thing bck in the day, fuck it.

lol, no, I mean anonymous, if possible.

I didn't mean wallets or dick contest... I meant addresses. Top 10 most valuable addresses.
Just to get a guess of the distribution.

  +1



Show me yours and I will show you mine. Wallet that is. 

Brothers, once the price begins to rise, keep ur shieldwall high and stand ur ground. Let us send the proud US bangster homewards to think two times before trying to enslave a free nation.

Hey owlhooter, btw can you create a top 10 wallet list?
I was just wondering... 

Well the odd thing is I did find them on the block chain as mentioned above, I'm wondering if they were transferred to cold storage in fear of being stolen at a time they were busy with something else and they forgot about them.  It doesn't look like they were sold, so at least they didn't flood the market with them, it's just tracking down who might have the wallet for them or if they are just lost.

Lol, i'll take a guess.... 

I just can't help myself, as every time I am on mintpal, I keep buying them as their price is ridiculously low.
At least for the moment



PS: You guys are giving me the confidents to buy, thanks to you all. Men at work.

I am still choking from all the dust from the stampede of sheep running past.

ZerOnEleven pm sent  - email is also in my sig

owlhooter - awesome, thanks! - what's exactly the deal with those multiple addresses per acct on the explorer? I set one up and didn't see this. Can we go through all that somehow to ensure there's not anything else unaccounted for? (large sums of undisclosed coins)

I'll set up another blockexplorer in the next few days.

Now that I have the block explorer showing the correct MZC addresses, I believe I have tracked down the "Missing" coins from the reserve fund.  It appears they may be in cold storage somewhere and they were never sold on the exchanges as if you follow them they went in pretty large sums from the original wallet to where they are now, if they would have hit an exchange they would most likely have been broken up into smaller transactions.  Below are the 2 addresses that look to hold more than the 10 million that was transferred from the Reserve wallet.

http://explorer.embargocoin.com:2750/address/MNGgxcz2LuEq5cyjWFqzn7MHmDVCo2vgE8
http://explorer.embargocoin.com:2750/address/MM4cr519Nqn3fKPjwihELicxqnvFBo9Gpf

Hello guruvan, Can you PM me your email address please? Or just open your PM'S on bitcointalk!?  I'm trying to talk with you in private, If not please email me to [email protected]

I've fixed the block explorer links at the pool, I'm also re-reading the chain into the database to correct the address issue, explorer should be back up in an hour or 2 once it's done reading all the blocks and transactions back in.

Block explorer is up and showing correct MZC addresses.

That's the problem with mazacoin... people read things like that and can't get you serious anymore.

But one thing at a time. I think there are very pressing matters that should be fixed immediately.

How many blockexplorers have come and gone??? So many dead links everywhere pointing to has-been blockexplorers. Even the pool I am mining with has dead blockexplorer links.

I am thinking about installing a blockexplorer (that let's you explore addresses) myself if the situation doesn't change...

People like payu harris have to create youtube videos and interviews on a regular basis... atleast once a week. Show that you give mazacoins to people, show how you talk to regular people about the coin, etc...

Fork the coin.


Not so important: improve website-design. This is completely irrelevant if all the other posts are not first addressed and solved.

Someone pointed out that Mazacoin was listed as a Scam here, https://cryptocointalk.com/blog/68/entry-120-list-of-all-scam-trading-platforms-and-crypto-currency-exchanges-and-their-owners  I have been in contact with horiacretan and we will work to get the trust back from the community to be de-listed from this blog entry.

First off, regarding the pre-mine, Payu still controls the Tribal reserve, and I am now in control of the Trust.  From my talks with Payu it appears someone got into the Reserve wallet and transferred 10 mil out of it a few months back, he is unsure who did it.  He has also paid some out in grants and the amount in that wallet is around 9.4 Mil at this time.  The Trust account has 16.8 Mil in it currently and I have moved it to MS5LqNWzrRo6DXzjXcafrCpWJL2NUXGRv5 Some of the coins sent from this wallet I am told were sent for grants as intended, however I was also told some of it was sold to pay for some bills surrounding Mazacoin, while I can't confirm the exact amount transferred for that purpose, it does appear it could be upwards of 5.9 million.  It also doesn't look like the wallet ever held the full 25 mil as was initially announced, the wallet I obtained can be viewed here http://explorer.embargocoin.com:2750/address/MKhbYDjoEUUJq1xoLqT5Xe4yLCNa1qWKqT

The Reserve wallet can be viewed here explorer.embargocoin.com:2750/address/MNG15HKzUQeiT8QmtAghvSKpQwwgzZSFzS

Also, the 5.9 million that were transferred from the Trust account you can see happened after the crash of the price, so it was not sold during the initial pump of Mazacoin which could have caused massive profit from the wallets at that time.  


Edit: Yes, I need to fix the explorer so it will list the correct addresses.

  I think we need to ask to critical questions about how to get Maza implemented and used in the Latoka Community. How are they getting the coins? How do we get them to use Maza? Why would a Casino want to use Maza? I can see how it can work but I do not see how a reduction in Mining rewards will get them to use Maza.  Something more to get the Maza in their hands. Maybe a percentage of all new mining goes to restricted Maza that must be used for purchases by the Latoka. Then the Community will demand that merchants accept Maza. Make those few Maza Restricted for Commerce for a certain period of time. It does not have to be a huge amount, just enough to get things moving faster.
   

1) Smart merchants accept low value coins all the time...when they're expected to be long term plays
 - I know of at least one merchant who is not, to my knowledge, otherwise associated with Lakota or mazacoin, accepting maza as cash for purchases via coinpayments.net. This vendor (cryfter.com ...gift cards, cell refill cards) accepts only a few altcoins, including maza.

I'd totally accept mazacoin in a store if the blocktimes would nomalize. It was something like.... 85000MZC for my refill card..- hell yeah, I'd take some maza for that kinda price. And, while not many vendors will take such risks, there are plenty of old-hand bitcoiners (altcoiners!) around who know the real deal when they see it. A short term downturn right on launch isn't really anything more than an accumulation opportunity to many long time players. It's these types of folks we need to seek out to provide a visible merchant base - this will reduce the appearance of risk associated with accepting maza.

2) I totally agree with owlhooter about minimizing number of hard forks BUT blocktime stability needs to be reached ASAP.
 - if the auxpow code is ready from boxxa
 - and can easily be worked in with a targeting change
 - and that doesn't delay the targeting change
I say go! I'm not much a coder, but I can read well enough, and quickly implement and throw some hashpower for testing.

3) boxxa...can you explain why shorter block times are so big in your book? I'm not really wild about supporting coins in my pool right now that are 1min or less. Orphan rates are much higher, processor consumption is much higher, bandwidth and i/o too. If you can show me how this is beneficial, I will support it...Otherwise I prefer 2min.
   - of all the fast block time coins I've mined, Myriad is by far the least taxing despite the 30sec avg block time.
   - MYR also has the lowest orphan rate of any fast chain I'm mining
   - Zetacoin is one of the most taxing, with a high orphan rate.

Obviously, MYR works differently, but it is a 30sec blocktime, so that should produce nearly the same workload on my coind - but not really even close to the load ZET produces. I can read code, but not well enough to determine the reason for this.


Finally just for the records - my team mines, buys, and holds mazacoin. We hold a significant position, and while we do some trading, we are not doing much more than buying at these prices.

two things are important for a coin to succeed.

Miners and merchants.

The one can't exist without the other.

Without miners there can be no secure payment network, so no merchants would like to use the coin.

Without merchants there is no longtime incentive for miners to mine this coin.

...

I think the main reason for the price dump we are seeing is that the few miners (from mainly multipools) are dumping MZC immediately and often they are not even making a net profit by doing that, so they lose interest...

This has to stabilize.

I, as a fulltime mazacoin miner pledge to not sell any mazacoin I mine below the price of 100 satoshi.

I will continue upping this number the more stable mazacoin gets in the future.

+1

But here is where I come in.

I am just a miner from europe. No connection to lakota indians. Although I certainly would like to help them. I also like money (d'uh)

At the moment I am mining mazacoin fulltime.... I don't even know why. Could turn out to be a complete net loss. But I have a good feeling in the gut.
But ofcourse basically I want to make a small profit in the future.

So my question, how are you going to make mazacoin "tasty" for us outside investors?

If mazacoin wants to build a secure payment network (that works liquidly and has high hashrate) it needs to either

1) be mergemined with BTC
or
2) have a high appeal to international miners (like me)

Miners want to help, but they also need to make a little money doing so.

How does the saying go:

Altruism doesn't exist, sustainability must be made profitable.

I would like to add AuxPOW and DGW3 at the same time to limit the number of forks we make with the coin, get it all right on the first fork that way any other changes we might make down the line could be to fix bugs that exist or to add to wallet functionality that wouldn't disrupt the blockchain.