Topic: Thoughts on Max Keiser's coin (Maxcoin) - page 12. (Read 15381 times)
my thoughts about maxcoin? "lol"
The higher the price goes up, the bigger the price crash it's going to be. There are going to be some very angry buyers in the next few weeks. That is my prediction. It just takes one of these big early miners to dump all their coins and you will see some epic price crashing.
The launch was a disaster. Too few people profited from it early on, so the coin distribution is terrible. If they hadn't screwed this coin up so much it would be nicely distributed, but as it stands there are people with hundreds of Maxcoins and given the current pricing they could crash the market at a whim.
It doesn't matter how well it gets from here on out. The launch has created some very big coin holders who hold a great level of influence over the value of the Maxcoins in your pocket. You've been warned.
The launch was a disaster. Too few people profited from it early on, so the coin distribution is terrible. If they hadn't screwed this coin up so much it would be nicely distributed, but as it stands there are people with hundreds of Maxcoins and given the current pricing they could crash the market at a whim.
It doesn't matter how well it gets from here on out. The launch has created some very big coin holders who hold a great level of influence over the value of the Maxcoins in your pocket. You've been warned.
This right here! Nullu on fiah!
Maxcoin just seems to be in a completely different world. The devs are useless and inactive, and apart from Max Keiser's backing and a different algorithm, this coin has nothing else going for it. I would be confident if it had a competent dev team, but if something goes wrong with the coin then there's going to be a problem.
You can't say the developers are competent. Anyone who does is a liar.
The coin has just as many pros as it does cons.
You can't say the developers are competent. Anyone who does is a liar.
The coin has just as many pros as it does cons.
Don't know about them being inactive. They seem pretty active. Check their tweeter feed https://twitter.com/maxcoinproject
They also have over 7k followers there already.
Active on twitter, but not here? This is what I mean by being in a different world. It's 95% PR and 5% development.
But thing is, promotion is very important, more so than people think. Do you think Brangelina are such good actors? They're not. There are at least a thousand actors out there in several countries who can school both Brad Pitt and Angelina on all things that involve acting but due to the huge promotion they've both been the "victims" of, they are selling movies like hotcakes.
You can have best act in town if no one knows about it. It's fucking pointless. Same reason why Coca Cola spends something like 90% of what they make on advertising. Do you think there aren't better and healthier juices out there that people can drink? There's plenty of them but most people buy this Cola due to the fat promotion behind it.
I don't know what disturbs me more.. the fact that you think Max Kaiser has as much sex appeal as Brangelina OR that you think Coca Cola is a juice....
whatever you take make sure you share some with Max.. he's got a good stash..
Maxcoin just seems to be in a completely different world. The devs are useless and inactive, and apart from Max Keiser's backing and a different algorithm, this coin has nothing else going for it. I would be confident if it had a competent dev team, but if something goes wrong with the coin then there's going to be a problem.
You can't say the developers are competent. Anyone who does is a liar.
The coin has just as many pros as it does cons.
You can't say the developers are competent. Anyone who does is a liar.
The coin has just as many pros as it does cons.
Don't know about them being inactive. They seem pretty active. Check their tweeter feed https://twitter.com/maxcoinproject
They also have over 7k followers there already.
Maxcoin just seems to be in a completely different world. The devs are useless and inactive, and apart from Max Keiser's backing and a different algorithm, this coin has nothing else going for it. I would be confident if it had a competent dev team, but if something goes wrong with the coin then there's going to be a problem.
You can't say the developers are competent. Anyone who does is a liar.
The coin has just as many pros as it does cons.
You can't say the developers are competent. Anyone who does is a liar.
The coin has just as many pros as it does cons.
the only pros is that they got a kickstart media attention...
The first moment I saw the devs on Keiser report I thought to myself "what are these sexually ambiguous crooks doing on the show?" As all know the launch had been postponed several times and then you realize that there isnt a decent wallet.... Max Keiser is gonna discredit himself because of coin that just happens to do something with his name... Will try mining a few coins just to see what happens 
No he won't. Worst case he'll make fun about it. User friendly windows wallets can already be downloaded btw.
Maxcoin just seems to be in a completely different world. The devs are useless and inactive, and apart from Max Keiser's backing and a different algorithm, this coin has nothing else going for it. I would be confident if it had a competent dev team, but if something goes wrong with the coin then there's going to be a problem.
You can't say the developers are competent. Anyone who does is a liar.
The coin has just as many pros as it does cons.
You can't say the developers are competent. Anyone who does is a liar.
The coin has just as many pros as it does cons.
The first moment I saw the devs on Keiser report I thought to myself "what are these sexually ambiguous crooks doing on the show?" As all know the launch had been postponed several times and then you realize that there isnt a decent wallet.... Max Keiser is gonna discredit himself because of coin that just happens to do something with his name... Will try mining a few coins just to see what happens
There are numerous coins with better tech, better launches, better distribution, better teams behind them - and now this Max comes along like a Champion with clueless devs and corrupted launch and thinks his coin is worth more than these all better coins just because he decides to say so. And the whole crypto scene is on their knees praising their new lord just because he's been on TV. The collective greed and stupidity is just amazing.
I see this frustration and it's just 1 day rage that will subside in few days. Things are already working smoothly.
But do you agree or not? I'm not saying agreeing and still wanting to play along the herds hoping to make a buck isn't perfectly fine.
Sure there are. Mastercoin is one of them for example.
But thing is, promotion is very important, more so than people think. Do you think Brangelina are such good actors? They're not. There are at least a thousand actors out there in several countries who can school both Brad Pitt and Angelina on all things that involve acting but due to the huge promotion they've both been the "victims" of, they are selling movies like hotcakes.
You can have best act in town if no one knows about it. It's fucking pointless. Same reason why Coca Cola spends something like 90% of what they make on advertising. Do you think there aren't better and healthier juices out there that people can drink? There's plenty of them but most people buy this Cola due to the fat promotion behind it.
There are numerous coins with better tech, better launches, better distribution, better teams behind them - and now this Max comes along like a Champion with clueless devs and corrupted launch and thinks his coin is worth more than these all better coins just because he decides to say so. And the whole crypto scene is on their knees praising their new lord just because he's been on TV. The collective greed and stupidity is just amazing.
I see this frustration and it's just 1 day rage that will subside in few days. Things are already working smoothly.
But do you agree or not? I'm not saying agreeing and still wanting to play along the herds hoping to make a buck isn't perfectly fine.
There are numerous coins with better tech, better launches, better distribution, better teams behind them - and now this Max comes along like a Champion with clueless devs and corrupted launch and thinks his coin is worth more than these all better coins just because he decides to say so. And the whole crypto scene is on their knees praising their new lord just because he's been on TV. The collective greed and stupidity is just amazing.
I see this frustration and it's just 1 day rage that will subside in few days. Things are already working smoothly.
well if this was from a random guy instead of max keiser no one would mine this total shit.
"If "ifs" and "buts" were candy and nuts, wouldn't it be a Merry Christmas?"
...so no point talking about "what ifs". Reality is this coin will have huge promotion behind it for months to come.
There are numerous coins with better tech, better launches, better distribution, better teams behind them - and now this Max comes along like a Champion with clueless devs and corrupted launch and thinks his coin is worth more than these all better coins just because he decides to say so. And the whole crypto scene is on their knees praising their new lord just because he's been on TV. The collective greed and stupidity is just amazing.
I see this frustration and it's just 1 day rage that will subside in few days. Things are already working smoothly.
well if this was from a random guy instead of max keiser no one would mine this total shit.
There are numerous coins with better tech, better launches, better distribution, better teams behind them - and now this Max comes along like a Champion with clueless devs and corrupted launch and thinks his coin is worth more than these all better coins just because he decides to say so. And the whole crypto scene is on their knees praising their new lord just because he's been on TV. The collective greed and stupidity is just amazing.
I see this frustration and it's just 1 day rage that will subside in few days. Things are already working smoothly.
Maxcoin was the worst scam and unprofessional release I ever seen. Even a coingen coin got more respect than Maxcoin.
1. Not even a freaking wallet at launch?
2. No pools work?
3. Instamine?
4. Totally fail, hope it dies and not being worth 0.00000000001 cent
1. Not even a freaking wallet at launch?
2. No pools work?
3. Instamine?
4. Totally fail, hope it dies and not being worth 0.00000000001 cent
Actually many of the pools were DDOSed by greedy miners, which caused problems.
Doesnt matter if they were or not, if they saw the forum got ddosed they should had known and prepared if they wanted a "FAIR" launch. NOTHING were fair. "Oh here you go compile your own miner and wallet because we dont know how to do it as we are the devs, DERP"
Summary: Maxcoin: EPIC FAIL 2014.
There are numerous coins with better tech, better launches, better distribution, better teams behind them - and now this Max comes along like a Champion with clueless devs and corrupted launch and thinks his coin is worth more than these all better coins just because he decides to say so. And the whole crypto scene is on their knees praising their new lord just because he's been on TV. The collective greed and stupidity is just amazing.
What would happen for arguments sake if Richard Branson or Bill Gates released an altcoin?
You see my point.
There are numerous coins with better tech, better launches, better distribution, better teams behind them - and now this Max comes along like a Champion with clueless devs and corrupted launch and thinks his coin is worth more than these all better coins just because he decides to say so. And the whole crypto scene is on their knees praising their new lord just because he's been on TV. The collective greed and stupidity is just amazing.
Yeah, I know about the Scrypt ASICS. I was just pointing out that the term ASIC-proof in this case is a misnomer. Maxcoin is ASIC Resistant.
Well, yeah "Resistant" is the right word I guess, but has an edge over other standard Scrypt based or Sha-256 cryptos.
If that's the case, then I'll buy in after the market crashes. If it doesn't crash, then I will miss out, but at the same time, if it does, I'd lose a hell of a lot. Too risky for me.
There's only one way to go from here, and that's a steady (maybe slow, but steady) decline down to 0.0005 and then even lower when people get tired of max's and stacy's constant full of hot air tweets and hype.
Sounds more like wishful thinking.
You and me both know that won't happen and that only way for this coin is up for the foreseeable future.
True words from a completely non-biased Maxcoin holder.
Seriously though, I hope the coin does really well for you, but I would be out of my mind to invest in this right now. It's all hype. Hype is what's pushing this coin up, and hype can go in either direction.
Yeah, Dogecoin has emotion behind it too, but now it also has serious investors, which is what's kept the price high. What's keeping the price high in Maxcoin is the combined belief of all the people who are currently buying it, holding it, mining it and who have bought it.
You can't seriously compare this to Dogecoin. Dogecoin didn't reach this kind of market cap in just two days. To think this level is sustainable, or to even say it is without a hint of irony is misleadling.
Be sure Maxcoin will get some famous names behind it. Just look at the caliber of the guests joining his show.
We'll probably see him on Alex Jones show talking about Maxcoin lol. Alex Jones already "accused" him few times over of being the guy who invented Bitcoin.
The higher the price goes up, the bigger the price crash it's going to be. There are going to be some very angry buyers in the next few weeks. That is my prediction. It just takes one of these big early miners to dump all their coins and you will see some epic price crashing.
Maybe so, but keep in mind Max promoted the shit out of Bitcoin and got onboard many big name Bitcoin investors. Max is also shareholder in Bitpay and other important Bitcoin businesses.
I can easily see MaxCoin being more popular than stuff like Doge, Feathercoin and so on, that don't have such big brand and name behind.
If that's the case, then I'll buy in after the market crashes. If it doesn't crash, then I will miss out, but at the same time, if it does, I'd lose a hell of a lot. Too risky for me.
I think it already crashed from 0.04-0.03 to 0.004. It's now stable around 0.004-0.005.
A relatively small crash, considering I'm willing to bet there are still some big Maxcoin holders right now. I'll wait until it hits a few more exchanges and see what happens.
Was just checking the MaxCoin reddit and there are 2 channels there
http://www.reddit.com/r/maxcoinproject/
http://www.reddit.com/r/maxcoin
These two combined have 700 subscribers already.
Also, MaxCoin http://imgur.com/3K21aoR getting close to the 24h daily volume of Doge.
Yes, the activity for the coin is truly astonishing, but where people see amazing success, I see a bubble. You've got to ask what's sustaining this coin right now, and personally I think the majority of it is hype. I can sense it in the air. That buzz of excitement that Maxcoin could be the next big thing. It's barely been a couple of days. That raises red flags to me. I will assess the situation in a few weeks. As of right now I can't trust any evaluation of this coin.
Real investors think with their heads, not with their emotions. There is a lot of emotion around right now, and that always worries me.
What flags lol. Of course that by having Max behind it, this coin's upside potential is huge versus coins without much promotional value. Fact that it's also ASIC proof for now, while Scrypt ASICs are almost here, is an added bonus.
ASIC proof? You can mine this at 100mhash/sec on a GTX 670. It's not ASIC proof at all. People have already shown that keccak algorithm can be exploited by parallelisation. It's Scrypt asic proof, not Keccak ASIC proof.
There are Scrypt Asics coming out soon. Did you hear about those? Even Charlie Lee said they are close to entering the market.
On the other hand no one designed an Keccak asic yet and there are none in the pipeline.
Yeah, I know about the Scrypt ASICS. I was just pointing out that the term ASIC-proof in this case is a misnomer. Maxcoin is ASIC Resistant.
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