██[MZC] MazaCoin - National Currency - now @ RussiaToday, Independent, Telegraph - page 26.

nikpatel26

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Quote from: jrich76 on March 09, 2014, 02:49:28 PM

Quote from: nikpatel26 on March 09, 2014, 02:23:44 PM

I think the problem is that whales know there's no point pumping maza whilst everyone who's holding right now is expecting a pump, because everyone will just dump their coins instantly. So a rise will come, just not sure how soon it'll be!

I'm not sure, I think they worked hard for the last 5 days siphoning off all the coins they could from the bagholders as they lowered prices non. stop. If they have most of the bagholder's coins then a pump will work as those who lost on it, and sold, may be tempted to buy back in. It's easy to get bit twice by the same coin. AUR bit many more than once.

You're right, but then it seems in the last couple of days a lot of people have refrained from selling because the price hasn't dropped any further. Either way, I guess I'm in it until whenever an opportunity arises now

jrich76

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Quote from: nikpatel26 on March 09, 2014, 02:23:44 PM

I think the problem is that whales know there's no point pumping maza whilst everyone who's holding right now is expecting a pump, because everyone will just dump their coins instantly. So a rise will come, just not sure how soon it'll be!

I'm not sure, I think they worked hard for the last 5 days siphoning off all the coins they could from the bagholders as they lowered prices non. stop. If they have most of the bagholder's coins then a pump will work as those who lost on it, and sold, may be tempted to buy back in. It's easy to get bit twice by the same coin. AUR bit many more than once.

nikpatel26

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Activity: 84

Merit: 10

Quote from: leigh2k14 on March 09, 2014, 02:25:42 PM

Quote from: nikpatel26 on March 09, 2014, 02:23:44 PM

I think the problem is that whales know there's no point pumping maza whilst everyone who's holding right now is expecting a pump, because everyone will just dump their coins instantly. So a rise will come, just not sure how soon it'll be!

I'm a bag holder, and I just would like to see it rise to levels I bought in at, but I still will hold as I believe in this coin.

I want it to reach 8k so I break even, but I don't know how likely that is in the short term

leigh2k14

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Quote from: nikpatel26 on March 09, 2014, 02:23:44 PM

I think the problem is that whales know there's no point pumping maza whilst everyone who's holding right now is expecting a pump, because everyone will just dump their coins instantly. So a rise will come, just not sure how soon it'll be!

I'm a bag holder, and I just would like to see it rise to levels I bought in at, but I still will hold as I believe in this coin.

nikpatel26

member

Activity: 84

Merit: 10

I think the problem is that whales know there's no point pumping maza whilst everyone who's holding right now is expecting a pump, because everyone will just dump their coins instantly. So a rise will come, just not sure how soon it'll be!

BlackMarket

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Super Smash Bros. Ultimate Available Now!

MAZA added to poloniex Wink

https://poloniex.com/exchange/btc_mzc

poppys

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So much FUD in here, make me sick. People are just scamming and spreading FUD over the weekend to drive prices down, so they sell it for 5x higher this week when the next pump happens.

jrich76

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https://bitcointalksearch.org/topic/rumors-of-up-and-coming-big-mazacoin-pump-any-news-507939

Cool

jrich76

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Quote from: empowering on March 09, 2014, 12:23:13 PM

if it would have shot to $5 a coin you would have told yourself "you knew not to sell"

Also your initial instinct may well prove to be correct - it is very very early days, there is a lot more to come from this project.

Aha, that is the perspective I have been looking for. Grin

Mad Scientist

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Bots trading pretty consistently 28-30 range. Good opportunity (for now) if you like Day Trading.

empowering

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Quote from: jrich76 on March 09, 2014, 12:11:58 PM

Quote from: empowering on March 09, 2014, 12:09:11 PM

How did you "know"?

Well, I mean of course I didn't "know" but I felt it very strongly. I work with servers so I am surrounded by monitors at work and home. I watch these markets a lot. I felt I had a good grasp on what was happening when I was in the middle of it. Then I made decisions contrary to my instinct and watched what I could have had evaporate.

The zen of shitcoin trading I guess.

Yeah I know ... but the key there is you did not really know at all you just tell yourself that afterwards..if you did know, you would have pulled the trade - if it would have shot to $5 a coin you would have told yourself "you knew not to sell" don't worry you are not alone in the world of trading there. A partial solution I guess is to have set goals and targets in place, to cover the most likely scenarios, a pre set plan that can adapt to whatever happens (to a degree) and fix in some profit if x scenario pays out... I am around screens and charts all the time to but still I like to have the plans/orders in place, so I do not have to make a decision on the heel with no thought..
I have geeky spreadsheets that show me excatly what I would net in BTC and $ at x price at x quantity.. so that at any point for any reason I know my liquidation value.

Also your initial instinct may well prove to be correct - it is very very early days, there is a lot more to come from this project.

bananahunter67

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As I already said, folks who bought on highs is best now to buy even more on lows.
And remember, Maza is a coin for long term.
Short term pump was due to media noise. However, I can see that this guy (the creator) is moving things further and it may or may not succeed. However, I feel more likely he will. And just think about it. How many SHA-256 coins we do have as opposed to scrypt? its quite easy Maza to put its head above all. At least it is different, regardless of success of operation, specualtion and expectation will keep it on reasonable price for long time. ANd if it succeed, we can see 1 USD value I believe.
Regarding AUR, what scares me is that I am not that sure it is not a scam, creator is not a public person, at least AFAIK, and I am not sure how Iceland government will like the idea of adopting it. Also I see it WAY overpriced at least for now. Maza is WAY underpriced. In trading and betting always buy undervalued stuff, that's the simple rue. I might buy some aurora just prior 25th to see what will happen.

jrich76

sr. member

Activity: 350

Merit: 250

Quote from: empowering on March 09, 2014, 12:09:11 PM

How did you "know"?

Well, I mean of course I didn't "know" but I felt it very strongly. I work with servers so I am surrounded by monitors at work and home. I watch these markets a lot. I felt I had a good grasp on what was happening when I was in the middle of it. Then I made decisions contrary to my instinct and watched what I could have had evaporate.

The zen of shitcoin trading I guess.

jrich76

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Activity: 350

Merit: 250

Quote from: solid12345 on March 09, 2014, 12:04:51 PM

Same here I could have walked away with 12(!) BTC from an initial 1.5btc investment but thought it would hit AUR highs and held. But didn't AUR experience a mini pump before dropping and then going to orbit?

Oh hell yes, it was up and down Fri/Sat/Sun. Which is why I never bought in, and because I was wary of it being a scamcoin, still am.

The thing that burns me is, if you see a situation and don't have a clue what to do then you can't blame yourself for not doing anything. In the AUR beginning and at the MZC peak I knew in both situations exactly what to do, and chose to do something else.

Listen to your instinct and conscience. Don't second guess or doubt yourself, unless you really just don't know what to do. Then doing nothing is probably best.

empowering

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Quote from: jrich76 on March 09, 2014, 12:02:05 PM

Quote from: tuto on March 09, 2014, 11:57:19 AM

Quote from: moonman787 on March 06, 2014, 11:45:59 AM

Well I finally got in at .00005 with 9 BTC. Seems like a great opportunity except for the fact that I'm already in 30 BTC at .00015. Hopefully it gets back up to 11-12k as thats my break even point, then I can start thinking about maybe getting some profit.

I got in at .00015 too mate, I hope it goes back up at some point, even if I have to wait a while to see it.
I didn't get in as deep as you, because I don't have that kind of BTC, but if I did have it I would probably have a lot more MZC at that same price...

I don't know about you guys but AUR totally screwed me up on MZC. I lost my bearings completely. I sat there with MZC at 17.5K and knew that it was over and time to get out, but didn't because of what I saw AUR do the previous 4 days. Plus I was already screwed up because the day AUR hit Mintpal at 23 I knew to go all in, and didn't for whatever reason. Then sat there at work over the weekend 3 nights in a row watching it go from 23 to 117.

How did you "know"?

solid12345

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Same here I could have walked away with 12(!) BTC from an initial 1.5btc investment but thought it would hit AUR highs and held. But didn't AUR experience a mini pump before dropping and then going to orbit?

jrich76

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Activity: 350

Merit: 250

Quote from: tuto on March 09, 2014, 11:57:19 AM

Quote from: moonman787 on March 06, 2014, 11:45:59 AM

Well I finally got in at .00005 with 9 BTC. Seems like a great opportunity except for the fact that I'm already in 30 BTC at .00015. Hopefully it gets back up to 11-12k as thats my break even point, then I can start thinking about maybe getting some profit.

I got in at .00015 too mate, I hope it goes back up at some point, even if I have to wait a while to see it.
I didn't get in as deep as you, because I don't have that kind of BTC, but if I did have it I would probably have a lot more MZC at that same price...

I don't know about you guys but AUR totally screwed me up on MZC. I lost my bearings completely. I sat there with MZC at 17.5K and knew that it was over and time to get out, but didn't because of what I saw AUR do the previous 4 days. Plus I was already screwed up because the day AUR hit Mintpal at 23 I knew to go all in, and didn't for whatever reason. Then sat there at work over the weekend 3 nights in a row watching it go from 23 to 117.

ArpFlush

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Something this thread is an A class fud troll box - the only thing I can add to this is "Mazaaaaaa" Kiss

tuto

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Quote from: moonman787 on March 06, 2014, 11:45:59 AM

Well I finally got in at .00005 with 9 BTC. Seems like a great opportunity except for the fact that I'm already in 30 BTC at .00015. Hopefully it gets back up to 11-12k as thats my break even point, then I can start thinking about maybe getting some profit.

I got in at .00015 too mate, I hope it goes back up at some point, even if I have to wait a while to see it.
I didn't get in as deep as you, because I don't have that kind of BTC, but if I did have it I would probably have a lot more MZC at that same price...

49er.miner

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a guy popped in and said he was orgazizing a pump on cryptorush first yesterday then now he says mintpal

Topic: ██[MZC] MazaCoin - National Currency - now @ RussiaToday, Independent, Telegraph - page 26. (Read 167563 times)