Sold at 5700 since I knew this was trending downward. Standard protocol with new coins on cryptsy. Might pick some up again if it dips down to 1000.
I'm starting to wonder how trustworthy some unseen guy named "AnonymousPirate" is. Where did this guy Payu Harris come from all of a sudden? The toughest part about maza is that it could equally be a huge pump and dump scam or it could be a real effort to legitimize cryptocurrencies. It's very difficult to tell at this point.
I keep seeing lots of retweets about Maza, including some from the infamous Max Keiser. It's hard to imagine such a vocal figure as Payu doing all this networking about mazacoin just to shill it.
I have never been so on the fence about a coin before. At this point in this game it's hard to tell which coins are legit and which are just blatant pump and dumps. Ultimately I find it hard to believe that a three-person team would commit to all this effort just for their new currency to get listed on mintpal, hit its peak, then peak again on cryptsy and die immediately afterward.
I know we've had 140 pages of discussion, which is phenomenal considering the age of this coin, but I want to know all of your thoughts right now. Is MazaCoin a legitimate effort or is it just an elaborate pump and dump scheme? Only time will tell.
AnonymousPirate certainly had grandiose ideas when I talked to him. Whether or not he was talking about of his ass remains to be seen. He unloaded a ton of information on me in that chat. There are things that throw up red flags for me, but there other things that don't. I don't know what to think anymore, really. I'm just as much on the fence as you are. Not a good place to be.
Yeah, I'm with you on being confused about the late happenings and news around the coin. Some timings seems suspicious, and some news and reports on the other hand gives some confidence.
Here's some bits that I've managed to write down:
// Videos by IGM Pro (
http://www.igmpro.com/, whois: igmpro.com has been registered on 07/04/2013.):
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https://www.facebook.com/photo.php?v=10201764482740039&set=vb.176365605713234&type=3&theater "This is a two min over of the 2013 Black Hills duck race for the Miracle Network of the black Hills of South Dakota."
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http://www.youtube.com/watch?v=TGR3in8iOoc "BTC Oyate Project"
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http://www.youtube.com/watch?v=dzjZ_SFGPsM "Maza Coin Project Founder Payu Harris talking with Hanni Chaffi about the future of Dream Designs acceptance of Bitcoin and the upcoming Mazacoin crypto currencies" (Not too much information regarding the man interviewed nor the company though?)
- Company from 2013, seems like a project/company with community ties?
- Duck race also seems to be a yearly community event:
http://www.regionalhealth.com/Ways-to-Give/RCRH-Foundation/Giving-Programs/Duck-Race.aspx// Active community news site report on MazaCoin:
http://madvilletimes.com/2014/03/pine-ridge-activist-promotes-bitcoin-spin-off-as-official-lakota-currency/ - Not too good of an impression by the local people? Or just ignorance by the writer? (he seems somewhat misinformed on the idea too?)
// WSJ article: "CORRECTION: An earlier version of this post said mazacoin had been adopted as the Lakota currency. It has not been officially endorsed by the council."
http://blogs.wsj.com/moneybeat/2014/03/07/lakota-indian-promotes-new-digital-currency-mazacoin/- Something to do with the cases of already previously mentioned trouble with FBI? (mentioned in:
https://www.youtube.com/watch?v=Tyb0LVgW8q8 "Keiser Report: Guest Payu Harris on native American Indians using Bitcoin (23Jan14)")
// BTC Oyate Projects pages not reachable (
http://www.btcoyateproject.cf/)
- Domain name seems to have expired some days ago
// Quote from older thread (
here): "I have already had meetings with our He Sapa Oyate Council and they gave me the go ahead as long it will help the community."
- References to this community/council from an non-profit organization QEM from many years back (
http://www.qem.org/)
*edit: - Another reference to the council, but on expired domain (snapshot from 26 feb. 2014):
http://webcache.googleusercontent.com/search?q=cache:eolQRDus0wUJ:www.hesapareparationsalliance.org/HeSapaReparationsAlliance/3-30-13.html+&cd=9&hl=en&ct=clnk&gl=fi&client=opera