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Topic: Thoughts on Max Keiser's coin (Maxcoin) - page 8. (Read 15381 times)

legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
February 10, 2014, 10:09:09 AM
but the market for an alt coin is still limited to enthousiasts, and maxcoin got quite a bad name with the borked launch in my opinion.

Yeah but Mr. Keiser pretty handily solved that by writing off anyone unhappy as a "crybaby". A pretty effective slight as many people here do indeed known the command line and linux and are proud of it. Besides, the advantage isn't enormous, enormous. It's fair enough to be workable.
sr. member
Activity: 294
Merit: 250
February 10, 2014, 09:51:39 AM
Quote
Max Keiser @maxkeiser
.@StartJOIN will be helping developers around the world develop for #maxcoin
@maxcoinproject

Max Keiser @maxkeiser
Another way to make cash with @maxcoinproject  UK FinTech? Fund your #maxcoin development on @StartJOIN (send to: [email protected])

Max Keiser @maxkeiser
Great timing for #fintech startups: create software for new #Maxcoin #cryptocurrency intro'd in Bristol maxcoin.co.uk
@StartJOIN
RE https://twitter.com/maxkeiser/status/432886892246212608
full member
Activity: 182
Merit: 100
February 10, 2014, 09:42:05 AM
but the market for an alt coin is still limited to enthousiasts, and maxcoin got quite a bad name with the borked launch in my opinion.
sr. member
Activity: 294
Merit: 250
February 10, 2014, 09:33:42 AM
Awhile ago I commented how Max Keiser seemed to me to indicate the rise of potential populist bitcoin demagogues.

https://bitcointalksearch.org/topic/m.1791580

Mr. Keiser launching his own coin seems to confirm my suspicions at the time.

That said: New coin, direct access to Media PR, new hashing Algo, and powerful backers in the form of Max's cohorts that are probably in on the scheme. I would cry pump-and-dump, but they don't really have any reason to dump- do they? They just pump and pump and pump. Max is probably buying up coins when they are cheap letting regular miners do his work of collecting a big war chest for him.

It's hard to see how this coin could fail- at least in the short term. He's got everything he needs to make it succeed.

 

My thoughts exactly.
legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
February 10, 2014, 09:17:16 AM
Awhile ago I commented how Max Keiser seemed to me to indicate the rise of potential populist bitcoin demagogues.

https://bitcointalksearch.org/topic/m.1791580

Mr. Keiser launching his own coin seems to confirm my suspicions at the time.

That said: New coin, direct access to Media PR, new hashing Algo, and powerful backers in the form of Max's cohorts that are probably in on the scheme. I would cry pump-and-dump, but they don't really have any reason to dump- do they? They just pump and pump and pump. Max is probably buying up coins when they are cheap letting regular miners do his work of collecting a big war chest for him.

It's hard to see how this coin could fail- at least in the short term. He's got everything he needs to make it succeed.

 
hero member
Activity: 798
Merit: 1000
February 10, 2014, 07:34:43 AM
NIST had already developed ASICs for SHA3.

Very probably wont work on MAX, but don´t say ASIC resistant.

This is what the coders said about it:

Quote
I would like to add that the coin has inbuilt algorithm changing so if someone was to build an ASIC the devs would simply change the algorithm and they would be rendered useless.
http://www.reddit.com/r/maxcoinproject/comments/1xh1xl/the_maxcoin_advantage/cfba4hy

its not that simple.. all their "feature" means is that they don't need to hard fork. The network has to reach consensus on the change of algorithm and that's only after X blocks have been mined... I can see that being a big sticking point in the future with one side wanting more CPU friendly and others wanting more GPU friendly.

and what if they stuff up the new hash algo like they stuffed up the launch.... then the system grinds to a halt.. DANGER DANGER WILL ROBINSON.

full member
Activity: 154
Merit: 100
February 10, 2014, 07:09:34 AM
well, i'm happy with my 0.2 btc i got from my 30 maxcoin i managed to get with my GTX 580 Smiley
sr. member
Activity: 294
Merit: 250
February 10, 2014, 07:00:56 AM
NIST had already developed ASICs for SHA3.

Very probably wont work on MAX, but don´t say ASIC resistant.

This is what the coders said about it:

Quote
I would like to add that the coin has inbuilt algorithm changing so if someone was to build an ASIC the devs would simply change the algorithm and they would be rendered useless.
http://www.reddit.com/r/maxcoinproject/comments/1xh1xl/the_maxcoin_advantage/cfba4hy
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
February 10, 2014, 01:17:29 AM
Herp your bumping of your own post to pump up Max coin is irritating propaganda.
And maybe edit your last post rather than replying again 4 or 5 times back to back (to bump and pump lies)

And spare me your lectures..
i know more about this than you do.. i have worked on SHA3 related miner coding for 1 full year straight kid lol

Basically your saying he is a celebrity so uhh that is it.. that is your only excuse as to why this coin is great.
And i also debate his celebrity status lol
Only after his coin was announced did i even read a word he ever said and i never have seen his videos or seen him on TV either.
But i had heard his name thrown around a few times and i think it was because of stuff like when he was Pumping Quark lol
How is that working out now ?

And the launch ? Your covering mistakes made by the devs and lying about it basically.. be honest.
I never used a command line daemon before so when they announced the binaries for the windows wallet
within 10 minutes of their password unlocking that was clearly a way to screw people and worse yet,
i tried to run the damn wallet and i was stone walled for hours straight at launch and could not get sync'd to mine..
And to my surprise the actual devs contradicted your lies and admitted there was bugs in the wallet for windows
even though you just said there wasn't and they released a FIXED version of the wallet daemon and guess what ?
Within 2 seconds my client updated and was working RIGHT AWAY.. so me and ALL THE OTHER guys who were
struggling having problems mining from minute one on release day were actually not doing ANYTHING wrong at all !
We are not babies buddy we were pissed off because we got jewed !
My net connection was idle and plenty fast enough to update a wallet ..i know i have installed 50 of them far before you started i bet..
and my conf was identical to when it did not work at all proving the problem was not on my end or
the shitload of other peoples end who could not mine either.. i know i was on IRC with these other guys
AND i am getting tired of you pricks running around the net trying to cover this up and make us out to be noobs
because you were lucky to flash mine.. I TRIED i had all my miner stuff setup in advance and all i had to was use the password I WAS FIRST IN LINE !

And buddy don't change the subject, i didn't say Asics were 'made'.. you said it was not possible and i said it was.. stop playing games.

So did the Max coin team hire you to spread propaganda and hype this crap coin ?

Also why the hell did you post the topic when you clearly want to spout off your own lies ?
Seems to me you don't want to know what people think of Max Coin contrary to the title when you asked..

By the way i have been mining the coin.. i am doing it right now.
BUT i don't like it when people like you march around spreading lies and propaganda and playing games
simply for some rather obvious ulterior motive.. sure let's mine and trade it but cut the crap buddy.
hero member
Activity: 784
Merit: 500
February 10, 2014, 01:06:20 AM
NIST had already developed ASICs for SHA3.

Very probably wont work on MAX, but don´t say ASIC resistant.
sr. member
Activity: 294
Merit: 250
February 09, 2014, 10:04:37 PM
My biggest disappointment was with coins-e.com. I put in bids that were queued for hours, both before the pump and after. If I could have had my offer go in when I put it in I would have doubled my money. I'm disappointment Max chose this web site to handle so much traffic and they failed.

I realize a coin like this will have volume. Coins-e.com should have anticipated at least some working model.

I concur. I first created account on coins-e but it soon became apparent it was rather useless so I had moved over to mcxnow.com
sr. member
Activity: 434
Merit: 250
February 09, 2014, 09:54:09 PM
My biggest disappointment was with coins-e.com. I put in bids that were queued for hours, both before the pump and after. If I could have had my offer go in when I put it in I would have doubled my money. I'm disappointment Max chose this web site to handle so much traffic and they failed.

I realize a coin like this will have volume. Coins-e.com should have anticipated at least some working model.
sr. member
Activity: 294
Merit: 250
February 09, 2014, 09:14:57 PM


People need to look beyond the launch.


Translation: Pay no attention to the man behind the curtain.

Point is this coin will offer great value for early adopters regardless of 1 day of allowing mining exclusivity to linux and command prompt geeks.
full member
Activity: 130
Merit: 100
February 09, 2014, 09:04:16 PM


People need to look beyond the launch.

Really would that be the fair, no premined launch your talking about or the pump and dump after.....
full member
Activity: 130
Merit: 100
February 09, 2014, 08:58:17 PM
This is what i thought of maxcoin launch

http://youtu.be/HqoF4dgm6MY

Yeah but rage now subsided and things are looking much better.

I was as prepared as I could be with it.

But learnt a lesson that I wasent prepared as i should have been.
legendary
Activity: 1834
Merit: 1009
February 09, 2014, 08:57:17 PM
Pump and dump?
sr. member
Activity: 294
Merit: 250
February 09, 2014, 08:40:33 PM
This is what i thought of maxcoin launch

http://youtu.be/HqoF4dgm6MY

Yeah but rage now subsided and things are looking much better.
full member
Activity: 130
Merit: 100
February 09, 2014, 08:34:56 PM
This is what i thought of maxcoin launch

http://youtu.be/HqoF4dgm6MY
full member
Activity: 196
Merit: 100
February 09, 2014, 08:32:43 PM

this is the best coin launch ever had. think about it.

There is a guy called max keep promoting the coin in the exchange.

Nobody except ppl in this forum know how to mine this coin.

Can you think anything better than that? anything give you 0.1btc a day for a single gpu even if you don't have a Nvidia in the computer and have to use the cpu in the first whole day like an idiot?

this is 1gh coin, we all know that. and we only download from 1gh. And there is a celebrity who thought that is his coin and keep promoting it somewhere else. that is awesome. Cheesy

its a good money earner for some.. you will get no argument from me there... but it wont last... it will ultimately fail when the miners move to another coin... they are already planning to launch Stacy very soon.... there is nothing appealing about maxcoin at all and the devs are inept.. yet people keep buying it..... I will continue to tell people that it is a shitty coin but if they want to keep buying from miners like me well... that's their choice... most miners will stay in as long as it is profitable so I dont see the coin collapsing all together.. just not being successful in the long run.

once the coin is launched, it belongs to the community, not any single person. even Satoshi cannot stop ASIC took over bitcoin. How messy was it launched, it is not important anymore. The most important thing is there is someone keep promoting it, and promote it to ppl in general public, not ppl having an id in bitcointalk or cryptocointalk. this is how the funny, nothing-special, hyperinflation-style doge succeeded so far. The good thing about this coin is, there is a famous guy, inside and outside crypto world, think that is his baby, and put his own reputation and creditbility behind it. cool
sr. member
Activity: 294
Merit: 250
February 09, 2014, 08:24:50 PM
1st place to gamble with your Maxcoins? http://maxcoinspin.com
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