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Topic: [MZC] MazaCoin *National Currency of the Traditional Lakota Nation* | NEW THREAD - page 11. (Read 53462 times)

hero member
Activity: 532
Merit: 500
Which pool is on the correct fork then?

You can mine here: http://p2pool.maza.club:14477 with your MZC address as username this weekend, and Monday we'll have PPS and mergeming.
member
Activity: 84
Merit: 10
♀ ♥
Which pool is on the correct fork then?
full member
Activity: 183
Merit: 100
united miners pool did not update wallet they run their own fork sad

Looks like hamster is on the wrong fork too.  I contacted all pools we had listed on the OP and notified them of the fork a week before the fork.  So they had plenty of time to update.
hero member
Activity: 532
Merit: 500
Mazacha.in is showing current transactions, and is on the correct fork

We have also verified that p2pool.maza.club is on the correct fork and finding blocks Smiley

A withdrawal from Mintpal to our pool's address was successful. A transfer from Cryptsy to Mintpal was also successful.

We are verifying payouts on our PPS pool as I write this. Mergemining payouts are not yet complete. Contact me on twitter @guruvan or mailto:[email protected] if you'dlike early access. 

newbie
Activity: 42
Merit: 0
united miners pool did not update wallet they run their own fork sad
full member
Activity: 183
Merit: 100
And welcome to the fork everyone, if you still haven't updated your wallets, please do so now.
newbie
Activity: 42
Merit: 0
newbie
Activity: 42
Merit: 0
in a couple minute the value for new mined coins will rise by a factor of 5
sr. member
Activity: 392
Merit: 250
Meh.  Who cares?  Deleted.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
I think you made my point.  MZC started higher due to speculation based on bitcoin.  It is still in it's price discovery phase as we work on adoption and usage.

So it's going to 1 dogetoshi as there is no adoption and no usage.
Actually both adoption rate and usage have dropped since the peak so this might end a coin where you must pay somebody to take it from you.
full member
Activity: 183
Merit: 100
murraypaul ,stompix and perezoso I understand your concern. However in life as well as in business it is useless to look backwards. Let us be happy for the new dev team, possible new tribes joining, and the hard fork

that will keep the inflation in order.

Maza Coin has a price and a value, it is fairly small at the moment, but will begin to rise slowly.

50M coin premine is worth 10 BTC, or about $6500 -> this is still money - a new beginning from where we can start again.

I believe we should not take the Dogecoin approach and think one mzc is one mzc.

We should monitor mzc against gold, BTC, dollar, euros, coffee, bread, silver etc.. This is the essence of currency. Doge supporters can not hide the fact their currency value is decreasing. We also cannot hide the fact

that mzc has very modest value at the moment, and why should we? It's only 4 months old.



Actually that value is not true.
You have 6500$ of coins if the price keeps the same level while you sell all your coins.
It won't happen. You're looking more to some 4000$.

What's that? The average wage in a well developed country for 1 month?

Go to a shop in the US and tell me what can you buy for 10 000 people with 4000$.
You'll spend more on gas that the goods.



The same could be said of bitcoin 4 years ago.

That's some thing people don't understand.
From the start mazacoin had a value of x satoshi... based on what? Nothing.
It actually got the price purely based on how people thought mazacoin would follow bitcoin.

Bitcoin went through all the values from 10 000 a pizza to 1 btc =1000$ on demand and usage it didn't start at a value of x usd.
Mazacoin started from an arbitrary point and it's still on an arbitrary point based on no real usage just speculation.

So stop comparing any other coin with bitcoin.


 I think you made my point.  MZC started higher due to speculation based on bitcoin.  It is still in it's price discovery phase as we work on adoption and usage.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
murraypaul ,stompix and perezoso I understand your concern. However in life as well as in business it is useless to look backwards. Let us be happy for the new dev team, possible new tribes joining, and the hard fork

that will keep the inflation in order.

Maza Coin has a price and a value, it is fairly small at the moment, but will begin to rise slowly.

50M coin premine is worth 10 BTC, or about $6500 -> this is still money - a new beginning from where we can start again.

I believe we should not take the Dogecoin approach and think one mzc is one mzc.

We should monitor mzc against gold, BTC, dollar, euros, coffee, bread, silver etc.. This is the essence of currency. Doge supporters can not hide the fact their currency value is decreasing. We also cannot hide the fact

that mzc has very modest value at the moment, and why should we? It's only 4 months old.



Actually that value is not true.
You have 6500$ of coins if the price keeps the same level while you sell all your coins.
It won't happen. You're looking more to some 4000$.

What's that? The average wage in a well developed country for 1 month?

Go to a shop in the US and tell me what can you buy for 10 000 people with 4000$.
You'll spend more on gas that the goods.



The same could be said of bitcoin 4 years ago.

That's some thing people don't understand.
From the start mazacoin had a value of x satoshi... based on what? Nothing.
It actually got the price purely based on how people thought mazacoin would follow bitcoin.

Bitcoin went through all the values from 10 000 a pizza to 1 btc =1000$ on demand and usage it didn't start at a value of x usd.
Mazacoin started from an arbitrary point and it's still on an arbitrary point based on no real usage just speculation.

So stop comparing any other coin with bitcoin.
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
murraypaul ,stompix and perezoso I understand your concern. However in life as well as in business it is useless to look backwards. Let us be happy for the new dev team, possible new tribes joining, and the hard fork

that will keep the inflation in order.

Maza Coin has a price and a value, it is fairly small at the moment, but will begin to rise slowly.

50M coin premine is worth 10 BTC, or about $6500 -> this is still money - a new beginning from where we can start again.

I believe we should not take the Dogecoin approach and think one mzc is one mzc.

We should monitor mzc against gold, BTC, dollar, euros, coffee, bread, silver etc.. This is the essence of currency. Doge supporters can not hide the fact their currency value is decreasing. We also cannot hide the fact

that mzc has very modest value at the moment, and why should we? It's only 4 months old.



Actually that value is not true.
You have 6500$ of coins if the price keeps the same level while you sell all your coins.
It won't happen. You're looking more to some 4000$.

What's that? The average wage in a well developed country for 1 month?

Go to a shop in the US and tell me what can you buy for 10 000 people with 4000$.
You'll spend more on gas that the goods.



The same could be said of bitcoin 4 years ago.

I told that several times ..noone listening .. for more Payu said also it take years to reach sucess it will be hard but finally everyone will be smilling even we hit 0.01USD after 4 years it´s still thousands %+
full member
Activity: 183
Merit: 100
murraypaul ,stompix and perezoso I understand your concern. However in life as well as in business it is useless to look backwards. Let us be happy for the new dev team, possible new tribes joining, and the hard fork

that will keep the inflation in order.

Maza Coin has a price and a value, it is fairly small at the moment, but will begin to rise slowly.

50M coin premine is worth 10 BTC, or about $6500 -> this is still money - a new beginning from where we can start again.

I believe we should not take the Dogecoin approach and think one mzc is one mzc.

We should monitor mzc against gold, BTC, dollar, euros, coffee, bread, silver etc.. This is the essence of currency. Doge supporters can not hide the fact their currency value is decreasing. We also cannot hide the fact

that mzc has very modest value at the moment, and why should we? It's only 4 months old.



Actually that value is not true.
You have 6500$ of coins if the price keeps the same level while you sell all your coins.
It won't happen. You're looking more to some 4000$.

What's that? The average wage in a well developed country for 1 month?

Go to a shop in the US and tell me what can you buy for 10 000 people with 4000$.
You'll spend more on gas that the goods.



The same could be said of bitcoin 4 years ago.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
murraypaul ,stompix and perezoso I understand your concern. However in life as well as in business it is useless to look backwards. Let us be happy for the new dev team, possible new tribes joining, and the hard fork

that will keep the inflation in order.

Maza Coin has a price and a value, it is fairly small at the moment, but will begin to rise slowly.

50M coin premine is worth 10 BTC, or about $6500 -> this is still money - a new beginning from where we can start again.

I believe we should not take the Dogecoin approach and think one mzc is one mzc.

We should monitor mzc against gold, BTC, dollar, euros, coffee, bread, silver etc.. This is the essence of currency. Doge supporters can not hide the fact their currency value is decreasing. We also cannot hide the fact

that mzc has very modest value at the moment, and why should we? It's only 4 months old.



Actually that value is not true.
You have 6500$ of coins if the price keeps the same level while you sell all your coins.
It won't happen. You're looking more to some 4000$.

What's that? The average wage in a well developed country for 1 month?

Go to a shop in the US and tell me what can you buy for 10 000 people with 4000$.
You'll spend more on gas that the goods.

hero member
Activity: 695
Merit: 500
murraypaul ,stompix and perezoso I understand your concern. However in life as well as in business it is useless to look backwards. Let us be happy for the new dev team, possible new tribes joining, and the hard fork

that will keep the inflation in order.

Maza Coin has a price and a value, it is fairly small at the moment, but will begin to rise slowly.

50M coin premine is worth 10 BTC, or about $6500 -> this is still money - a new beginning from where we can start again.

I believe we should not take the Dogecoin approach and think one mzc is one mzc.

We should monitor mzc against gold, BTC, dollar, euros, coffee, bread, silver etc.. This is the essence of currency. Doge supporters can not hide the fact their currency value is decreasing. We also cannot hide the fact

that mzc has very modest value at the moment, and why should we? It's only 4 months old.




  +1 Good post.
hero member
Activity: 577
Merit: 500
Shine Like The Sun
murraypaul ,stompix and perezoso I understand your concern. However in life as well as in business it is useless to look backwards. Let us be happy for the new dev team, possible new tribes joining, and the hard fork

that will keep the inflation in order.

Maza Coin has a price and a value, it is fairly small at the moment, but will begin to rise slowly.

50M coin premine is worth 10 BTC, or about $6500 -> this is still money - a new beginning from where we can start again.

I believe we should not take the Dogecoin approach and think one mzc is one mzc.

We should monitor mzc against gold, BTC, dollar, euros, coffee, bread, silver etc.. This is the essence of currency. Doge supporters can not hide the fact their currency value is decreasing. We also cannot hide the fact

that mzc has very modest value at the moment, and why should we? It's only 4 months old.

full member
Activity: 183
Merit: 100
BTC is 5 years old project with same "olderly" as MZC should BTC stay at 0,5 dollars ( almost same marketcap with number of coins) so there is really no difference

BTC is being used, and therefore has perceived value.
MazaCoin isn't, and so doesn't.

do you all listen yourself? Mazacoin is 3 months old project ( Bitcoin in that age had no value, nonone use it and noone care about it - 1 pizza take 10 000BTC it´s more than 1 000 000MZC compared about numbers of maximum coin so MZC have bigger value than BTC in that age ..wake up all)

BTC is the virtual currency, it has the history, the press, and what little adoption there is.
There are dozens, if not hundreds, of altcoins now, and no rational reason to think that any of them (or at least any of the simple clones) will ever amount to anything.
At the current price of 20 satoshis, the entire 50M coin premine is worth 10 BTC, or about $6500.
Why would a tribe, having decided to use a virtual currency in the first place, decide (acting rationally) to use MazaCoin, rather than just spending $6500 to create their own 'National Reserve' and 'Tribal Trust'?
The only point was the premine. The premine is now almost worthless. So what is the point?
 

And again we have the issue of people valuing MZC against bitcoin and the USD.  Mazacoin was designed to be used as a currency of a tribal nation.  If they can start using it  on the reserve they can make their own value for it in goods and services without equating it to BTC or fiat.  It will be how much MZC does a loaf of bread cost me.  At that point it can bring more value to other investors.  Not just as a quick dump to BTC and fiat.  Sure there will have to be a conversion rate somewhere for importing/exporting from the reserve, but if they are using it then value can come.  The Lakota are one of the poorest people in the country and this coin hopes to help relieve that poverty. 
sr. member
Activity: 476
Merit: 250
BTC is 5 years old project with same "olderly" as MZC should BTC stay at 0,5 dollars ( almost same marketcap with number of coins) so there is really no difference

BTC is being used, and therefore has perceived value.
MazaCoin isn't, and so doesn't.

do you all listen yourself? Mazacoin is 3 months old project ( Bitcoin in that age had no value, nonone use it and noone care about it - 1 pizza take 10 000BTC it´s more than 1 000 000MZC compared about numbers of maximum coin so MZC have bigger value than BTC in that age ..wake up all)

BTC is the virtual currency, it has the history, the press, and what little adoption there is.
There are dozens, if not hundreds, of altcoins now, and no rational reason to think that any of them (or at least any of the simple clones) will ever amount to anything.
At the current price of 20 satoshis, the entire 50M coin premine is worth 10 BTC, or about $6500.
Why would a tribe, having decided to use a virtual currency in the first place, decide (acting rationally) to use MazaCoin, rather than just spending $6500 to create their own 'National Reserve' and 'Tribal Trust'?
The only point was the premine. The premine is now almost worthless. So what is the point?
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
BTC is 5 years old project with same "olderly" as MZC should BTC stay at 0,5 dollars ( almost same marketcap with number of coins) so there is really no difference

BTC is being used, and therefore has perceived value.
MazaCoin isn't, and so doesn't.

do you all listen yourself? Mazacoin is 3 months old project ( Bitcoin in that age had no value, nonone use it and noone care about it - 1 pizza take 10 000BTC it´s more than 1 000 000MZC compared about numbers of maximum coin so MZC have bigger value than BTC in that age ..wake up all)
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