Topic: [ANN][MZC][SHA-256] MAZACOIN *First Sovereign Currency* ANDROID WALLET AVAIL.!! - page 90. (Read 278416 times)

Here is the entire problem with this concept: you can't just give something away to thousands and thousands of people and expect them to start trusting it as their currency and giving it value. This distribution method simply doesn't work. The best chance these coins have to drag this thing out long enough for people to profit is if adoption is extremely slow (which is what I anticipate). It will be far too easy to game the system and as soon as it's all out on the open market, it becomes essentially worthless. From a financial standpoint, none of these coins make sense. As soon as the market is flooded with the distributed coins and the value tanks, people are going to lose interest in the coin completely. Aurora was the first through the door and the dev likely stands to profit the most out of all of the country coin devs but it won't take long for people to realize the entire thing is nothing more than a gimmick and all of the "me too!" country coins like this one will fizzle even faster. I know for a fact the Mazacoin dev lacks the competence required to pull off something 1/1000 the size of what they claim to have planned. A few short weeks ago the guy was throwing a tantrum at Xnigma, a beta exchange, for 6 straight hours because he couldn't withdraw his $6 worth of bitcoins. Withdrawals required manual approval at the time since the exchange was brand new and it was in the middle of the night for both of the admins. 6 straight hours over $6 - no joke. Of course as soon as the admin was online his withdrawal was processed and he finally went away. Somebody put the entire thing on pastebin and it's amazing. A-MAZA-ING.

We're about to witness some of the most epic drops in market cap in cryptocurrency history which is hilarious because we're currently trending toward a big altcoin rally. The contrast will be insane. The time to dump your "country coins" is now.

Hey, on the plus side, I really doubt Maple Coin will take off... or perhaps it may not even be released now. I can just imagine what people would post on a thread for that coin.

whats really ironic is the fact i and many others here on this forum has defended mzc and defended devs numerous times...

and we get lectured by the rest of the cheerleaders on this forum that cant see the devs doing anything wrong...

they could kill puppies and the cheerleaders state you must  have faith....

let me ask a question here....

if this fails who does it hurt the most?

obviously it would hurt the lakota ppl but what did they risk? did they put any skin in this game?

the investors put their investment money, be it their savings, credit cards, speculation money....

some are daytraders who rely on income not promises...

and to sit here in this public forum and berate and belittle the investors who put all the risk into this cause...

and call them  bagholders and stupid....and in the same sentence state we should thank the pumpers...

then devs say we dont care about the investors....

all you motherfuckers make me wanna throw up....

if i sell all my holdings watch out... you think what we have now is a fud campaign....

you are gonna see an army of pissed off ppl who were so passionate for the cause....turn on you ...

and you had better stay anonymous cuz noone will ever support your future projects....

gahh, this is so frustrating. I'll finally say it. Fuck Payu. The only thing he has going for him is his zealousness. He is incompetent as shit and doesn't know the last thing about crypto currency and how the market works. It's like he's done absolutely zero research on the topic. No one is going to want to invest or help in anyway if he isn't interested in taking suggestions and opinions from miners and investors and be willing to change things in order for the coin to be make any progress and be able to sustain itself. I have no idea how he thinks this coin is going to be worth anything if he doesnt make any changes, it's like...has he taken a look at the fucking market cap at all since the coin has been released? Does he know that at the current rate he will only be handing out 3 dollars per person?? WTF is wrong with this autistic asshole??

isn't it the same thing as last time people were getting anxious, the twitter post about Brewer getting elected for denying involvement in a joint venture.  And if there's supposed to be a meeting with Brewer coming up how is this helping.

(unless to set up an assumed denial of support coming from that direction) not that I think that, just the first thing that comes to mind.

Or every nation coin will fall to the ground and die. I still wonder how they plan to actually do this airdrop. Strangely the one coin that did figure out a way to pay people (Hong Kong coin) is getting very little notice. They are going with a faucet that works off of IP address.

I still have no idea how maza is supposedly going to be distributed.

Payu just said that? Really?

I wonder how that can help at all. Besides looking paranoid, even if true, how can that help the coin in any way? Doesn't he need Lakota leadership to get the coin accepted?

I keep getting the feeling that after AUR airdrop this coin will go up.

i agree i have been behind maza from day one. but i find it very troubling that they dont listen to suggestions almost the opposite they do things to hurt the coin. i feel not there intentions but they are. i also dont know why they cant be active here in this thread not everybody can be on the irc whenever they decide they have time to come. i have yet to see any roadmap how are we going to get from where we are now to .01 then .05 etc just because you say and hope does not mean it will happen. we need some kinda plan. if they have one please share i am sure we all would like to know.

Agreed on the pumpers, the only thing a pump would be effective for would be for those trying to minimize a loss to get out. Would not be good for the coin designed to "not be  a pump and dump coin".  

For the record I don't know Herp, seen the over reactive posts and fear-mongering, the acct is new because I finally decided to say something here. I know it has to be getting pretty ludicrous if I decide to say anything...

Just now on IRC:

"MazaCoinPayu: Hmmm were secret dox leaked recently showing Oglala Lakota Presidents "Secret" payments to people fighting mazacoin?   I think soooo..... stay tuned...."

For future reference.

Edit:

Ok. the authenticity of this is in question, it may have been someone using Payu's username - no one is sure.

Congratulations to Hillbillyjoker, who now owns a Radeon 7750 for the bargain basement price of 10,000 MZC, including shipping.

Up now at the Mazacoin Marketplace is a dazzling iPod shuffle. Bid your hearts out.  It'll be a collector's item soon.

Coming next:  A Raspberry Pi, with extras, and a (nice) VOIP telephone system.  

And if this ever gets too spammy, I'm happy to stop it.  I'm just trying to promote some MZC transactions with tangible goods, and hope you'll join me.

there is only one thing that is more annoying than

go find another coin....saying....and that is herp and his minions....

yes i would have to agree i dont think they give  a shit about us the investors....frankly...
and im getting tired of it.. to be honest

all the money that the pumpers took.. could have been donated to real causes and nonprofits in the lakota...

i would feel alot better if i just donated all the money i lost to be honest...



which is why i think no matter all the media interviews dont really effect the coin anymore....

and the nonexistence of and dev support here is the final nail in the coffin...

that is why there is no buy support....

of course this is just my opinion....

some iother ppl say THANK the pumpers....sorry i will never do that....

thank the pumpers???

you are kidding right bitranger.....

because of the pumping and dumping alot of small ppl are getting hurt...

and it makes cryptocurrencies in general look bad.....

we hold different views so lets leave at that....

the whole thing is a big "what if", from the lack of response to real issues to the posts of "please wait for an official announcement" when nothing of actual investor concerns are answered with anything but "trust me" or "I'm sure these things are getting worked on".

It's been a hell of a ride, but people have some real issues, and days after the "no one person can upset the applecart" the applecart gets upset. Just a general lack of awareness to a community that is trying damn hard to be supportive.

And quite frankly the "find another coin" answer keeps getting repeated, but so do the promises that things are getting better "this weekend" or "next week". All of these things are slightly reassuring to a market that is almost based entirely off of perceived news or perceived effect, but I think are tossed out all too frequently.

I do agree with the "find another coin" suggestion insofar that you... should... Keep an eye on the news, and if anything real starts to happen, get back in.  But the creators do not care much for the investors, this has been repeated time and again with "this is meant for the Lakota", so maybe that was their hint that everyone should just let them do their thing. they don't need the btc. I think some constructive criticism is in order too, nothing is going to get better until concerns are addressed.

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Scott Robinson
‏@TheScottRob
Special thanks for speaking @ #SVBTC to Piotr of @sellboxhq, Payu of @MazaCoin & Connie of @BitGiveOrg! #bitcoin pic.twitter.com/ysssb1FFku

+5

i concur

Did wolong pump and dump this coin?

Actually I thought their goal was .25 short-term (3-6 months) and 1.00 or more long-term? Or am I remembering incorrectly?

The real problem though is, at 0.003 (or whatever it is now), why bother even giving 1000 maza to Lakota (or whomever they eventually give it to)? They really can't wait a year+ to give the coins away, and it'll be a really hard sell to get Maza accepted if the value of each coin is so miniscule. Even if Payu somehow gets retailers to agree to accept it, nobody getting the Maza will have enough value to actually buy anything.

Thank the whales because we are almost 500% higher than when we started trading
you have to get out of the mindset that this is a typical alt-coin..It isn't IMO

I think it is stable we are just finding our channel and need to flow through it for awhile to build up momentum..I never thought it would go below 500 but i was wrong..there are tons of coins hitting us every day and right now more sellers than buyers its that simple!.AND IT DOESN'T HELP
THAT 95% of all the coins are garbage!.

But if mazacoin makes it just think what it could mean!.I got over 6,000.00 USD that says it has a good chance and am willing to ride it out..No it won't happen in a week/Month BUT what if
Payu's estimate of between .25 and 1.00 in the first year comes true!?

what are we at right now? 0.003-.25 would be a 9000% gain from here..That ain't to shabby in my book

Ps. there are tons of bitcoins sitting on the sidelines right now just waiting for a home to go to!
If we get some kind of good news in the near future the next run will make the last one look like a warm up run IMO