Topic: The MagiCurrency - page 5. (Read 53564 times)

Thanks DEV.
We are still voting and buying MAGICOIN!

no worries Magicoin. no need for the highlight tho 

Good luck with Magicoin i will be around and try to help out where i can. i like Magicoin name and design and just hope to see it gain some new features to attract more investors to add to it's infrastructure.

Thanks all Magicoin supporters, and especially Coinler, been with us from day one. I am not away, I am around and watch and listen. Let me give more updates in the next few days.

before anyone gets any doubts i am here to help and have been from day one, mining and buying where i can. the reason i like magicoin is simple. im a magi. ;p

magicoin team know that i only make suggestion to help attract investors which i think will benefit us all. so take note of this..

http://minerdesk.com/vaultbreaker-the-worlds-first-500mhs-scrypt-miner/

that's .5btc mining power per day when that gets released. enough to thrash magicoin market at such low volume. magicoin is now a victim of multipools and asics because it was unknowingly one of the most profitable coins to mine in all of crypto for a while. but now it is on the radar and so you will be seeing much more supply. and im sure now u see the need to switch to antiasic/antimultipool algo because supply outweighs demand too greatly even with your infrastructure. multipools dont care about investment potential. they just extract btc at whatever price is available. otherwise known as  "heartless dumping".

so you will see now why you want to avoid asics and multipools with your chosen coin if you want it to thrive in the future. all of scrypt coins are dying because of supply overflowing demand. and the asics just keep getting more powerful. so unless ur currency can generate 100,000 in buy orders per day, playing in a saturated market with saturated technology will lead to "unsatisfying results". if ur market is small, u want to keep supply low, yet profitable.. and the ony way you can do that is choose an algorithm that allows a decently even spread among miners whilst also keeping ridiculous advantage powerhouses off your coin.

just my 2 cents. i would like to work and help to build magicoin with you if you will allow. and reccommend you seek to pursue not only POS but also anon implementation.

anon is not as bad as it sounds. some will say it is just for criminals. but it is more than that. it is about not having your bank balance known to people you pay for services or donate to. it's about not being able to track the original sender's address to see how much money he has at that address on the blockchain and monitor his spending habits. yes it may be used by undesirables for illicit means, but the primary reason is simply the human basic right to privacy of their finances and expenditure. this is why it is much more attractive to large investors. they can buy large amounts and trade etc without having to worry that their wallets may become targets for hackers etc.

edit: underlined above

i dont understand. yes i do like magicoin.. but if someone is so stupid to sell down their stock to 20 satoshi i think their coin would be better in my hands. i cant mine scrypt atm so i have to buy. what's wrong with getting a good deal?

It's true dev is really busy with the  innovation of MAGICOIN, and about the price, buy now while it is very cheap, who knw what might happen after the new specs of the coin is implemented... 

You got that right.
I think the DEV is busy with Magicoin.
He does the best he can to make Magicoin succesful.
We can only be patience.

Oh, maybe.

It will be a good thing for all of us if the devs will disclosure the roadmap about plans to switch Magicoin to new algo/fork.

Because the information from the DEV is: The coins you have will be exchanged for the new version!

What is a reason to put Magicoin into new exchanges when code developers plan to switch to the new algo or start completely new fork?

Vote Vote!!

Magicoin MAGIC (MAGI) - The MagiCurrency
http://www.cryptomagic.com

Vote on C-CEX.com!!
Magicoin is on number 6 now!!

Why would you do that?
Don't you like Magicoin?

well if anyone wanted to sell to it it would be their loss and my gain ;p

yes i claim it is my bid at 20 satoshi. i have had buys sitting on swisscex for quite some time lol


yeah well... u never know?? hahah

diggmagic pool currently has payout issue, please feel free to use other pools; if you are unable to withdraw coins, pls let me know.

Pretty cool coin.  Wish it a lot of success.  2 things that I would like to see added are on the Wallet:  a built in Faucet ,  a 1 click Mining option (w/ 3 power settings:  100% , 50%, single thread).

Think that would make it a lot more user friendly for newbies (which is what are needed to get things to be accepted and popular).

Thanks amigo!