Why Didn’t I Invest In MazaCoin or Auroracoin? [blog post]

Palaxidon

sr. member

Activity: 462

Merit: 250

Hi, Im Bitcoin trader and crypto enthusiast.

Quote from: sussex on March 04, 2014, 05:15:29 PM

Quote from: st1ngray on March 04, 2014, 04:55:08 PM

Quote from: jonnysomething on March 04, 2014, 04:43:02 PM

I would just like to say that you could still invest in Maza, it hasn't hit Cryptsy yet and will probably hit .0003 when it does.

I can see that been the case if it does goes to Cryptsy, the question is: How much more can realistically go up ?

It's a dead end coin, people are waking up to that now.

not really.

st1ngray

member

Activity: 70

Merit: 10

Quote from: sussex on March 04, 2014, 05:24:08 PM

Quote from: jonnysomething on March 04, 2014, 05:22:19 PM

Quote from: sussex on March 04, 2014, 05:15:29 PM

Quote from: st1ngray on March 04, 2014, 04:55:08 PM

Quote from: jonnysomething on March 04, 2014, 04:43:02 PM

I would just like to say that you could still invest in Maza, it hasn't hit Cryptsy yet and will probably hit .0003 when it does.

I can see that been the case if it does goes to Cryptsy, the question is: How much more can realistically go up ?

It's a dead end coin, people are waking up to that now.

It's not even on the major exchanges yet. I don't think enough people have hopped on this bandwagon to say it's ready to collapse, yet.

The publicity will have now petered-out, the whole price rise was predicated on newspaper articles of which there will be no more.

Also, when it gets to cryptsy, buyers will see the massive price collapse at cryptorush and steer clear.

how can any coin going to cryptsy will make it crash on cryptorush ? how is that possible ? what is the math behind it?
I guess i don't get it

sussex

hero member

Activity: 658

Merit: 500

Quote from: K0b1 on March 04, 2014, 05:35:31 PM

It is not late to invest in MAZAcoin, (my opinion), It looks like it is just the beginning.

I would say this MAZAcoin is going to trade between 5$ to 10$ some day.

Good luck and have fun.

What? Why? Because a few thousand native americans *may* get their hands on a few - it's ridiculous, like AUR.

Anyone who gets coins from an airdrop are just going to want to turn it into cash ASAP, price will collapse, BTC may go up a tiny bit due to coin conversion into cash.

There are no credible plans to distribute these coins and the people who get them don't give a shit. I've made 2BTC out of Maza over the last 24 hours, but that's it, I won't be buying again.

squatsnmilk

member

Activity: 89

Merit: 10

Quote from: K0b1 on March 04, 2014, 05:35:31 PM

It is not late to invest in MAZAcoin, (my opinion), It looks like it is just the beginning.

I would say this MAZAcoin is going to trade between 5$ to 10$ some day.

Good luck and have fun.

$5 and $10? Optimistic speculation

K0b1

full member

Activity: 167

Merit: 100

It is not late to invest in MAZAcoin, (my opinion), It looks like it is just the beginning.

I would say this MAZAcoin is going to trade between 5$ to 10$ some day.

Good luck and have fun.

sussex

hero member

Activity: 658

Merit: 500

Quote from: jonnysomething on March 04, 2014, 05:22:19 PM

Quote from: sussex on March 04, 2014, 05:15:29 PM

Quote from: st1ngray on March 04, 2014, 04:55:08 PM

Quote from: jonnysomething on March 04, 2014, 04:43:02 PM

I would just like to say that you could still invest in Maza, it hasn't hit Cryptsy yet and will probably hit .0003 when it does.

I can see that been the case if it does goes to Cryptsy, the question is: How much more can realistically go up ?

It's a dead end coin, people are waking up to that now.

It's not even on the major exchanges yet. I don't think enough people have hopped on this bandwagon to say it's ready to collapse, yet.

The publicity will have now petered-out, the whole price rise was predicated on newspaper articles of which there will be no more.

Also, when it gets to cryptsy, buyers will see the massive price collapse at cryptorush and steer clear.

sussex

hero member

Activity: 658

Merit: 500

Quote from: squatsnmilk on March 04, 2014, 05:18:14 PM

Quote from: sussex on March 04, 2014, 05:14:18 PM

Quote from: squatsnmilk on March 04, 2014, 04:16:51 PM

Which coin do you feel has the best long-term investment potential? I would be willing to write an in-depth article on it.

Serious investors wanting serious investments would do worse than look at Aircoin.

https://bitcointalksearch.org/topic/ann-aircoin-476383

Aircoin seems to be under the auspices of some very serious, very intelligent and committed devs, they have taken a completely unique approach to this coin based on maths. no less!

The devs answer all queries with hugely competent, massively informative and thorough posts, I really can't fault them.

I know I'm sounding like a fanboy, but I've never seen a coin project like it, spend ten minutes checking it out.

At a first glance, I see that Aircoin is premined.

I suggest you glance some more and get your head out of the pre-mined mindset.

jonnysomething

member

Activity: 98

Merit: 10

Quote from: sussex on March 04, 2014, 05:15:29 PM

Quote from: st1ngray on March 04, 2014, 04:55:08 PM

Quote from: jonnysomething on March 04, 2014, 04:43:02 PM

I would just like to say that you could still invest in Maza, it hasn't hit Cryptsy yet and will probably hit .0003 when it does.

I can see that been the case if it does goes to Cryptsy, the question is: How much more can realistically go up ?

It's a dead end coin, people are waking up to that now.

It's not even on the major exchanges yet. I don't think enough people have hopped on this bandwagon to say it's ready to collapse, yet.

squatsnmilk

member

Activity: 89

Merit: 10

Quote from: ?? on ??

Maza is more crooked than Aurora. Maza only benefits the developer and a few Chieftains, not the Latokah people who are impoverished.

Many of these Chieftains already receive millions in handouts and also make millions off casinos and smuggling. Someobe needs to fork Maza and airdrop to the Lakotah people themselves

Good point, I like the airdrop idea.

In the meantime, MazaCoin is up almost 1000%

squatsnmilk

member

Activity: 89

Merit: 10

Quote from: sussex on March 04, 2014, 05:14:18 PM

Quote from: squatsnmilk on March 04, 2014, 04:16:51 PM

Which coin do you feel has the best long-term investment potential? I would be willing to write an in-depth article on it.

Serious investors wanting serious investments would do worse than look at Aircoin.

https://bitcointalksearch.org/topic/ann-aircoin-476383

Aircoin seems to be under the auspices of some very serious, very intelligent and committed devs, they have taken a completely unique approach to this coin based on maths. no less!

The devs answer all queries with hugely competent, massively informative and thorough posts, I really can't fault them.

I know I'm sounding like a fanboy, but I've never seen a coin project like it, spend ten minutes checking it out.

At a first glance, I see that Aircoin is premined.

sussex

hero member

Activity: 658

Merit: 500

Quote from: st1ngray on March 04, 2014, 04:55:08 PM

Quote from: jonnysomething on March 04, 2014, 04:43:02 PM

I would just like to say that you could still invest in Maza, it hasn't hit Cryptsy yet and will probably hit .0003 when it does.

I can see that been the case if it does goes to Cryptsy, the question is: How much more can realistically go up ?

It's a dead end coin, people are waking up to that now.

sussex

hero member

Activity: 658

Merit: 500

Quote from: squatsnmilk on March 04, 2014, 04:16:51 PM

Which coin do you feel has the best long-term investment potential? I would be willing to write an in-depth article on it.

Serious investors wanting serious investments would do worse than look at Aircoin.

https://bitcointalksearch.org/topic/ann-aircoin-476383

Aircoin seems to be under the auspices of some very serious, very intelligent and committed devs, they have taken a completely unique approach to this coin based on maths. no less!

The devs answer all queries with hugely competent, massively informative and thorough posts, I really can't fault them.

I know I'm sounding like a fanboy, but I've never seen a coin project like it, spend ten minutes checking it out.

st1ngray

member

Activity: 70

Merit: 10

Quote from: jonnysomething on March 04, 2014, 04:43:02 PM

I would just like to say that you could still invest in Maza, it hasn't hit Cryptsy yet and will probably hit .0003 when it does.

I can see that been the case if it does goes to Cryptsy, the question is: How much more can realistically go up ?

squatsnmilk

member

Activity: 89

Merit: 10

Quote from: warlogna on March 04, 2014, 04:35:37 PM

I notice in your blog you mention that you stayed away from Auroracoin because of the hype. But you're talking about daytrading.

I'm no expert, but it seems to me like the hype is exactly what you want to follow when day trading. Hype means people putting money into it. Money coming in in means your coins go up in value. Screw Iceland, jump off at $30, $50, or $70 with everyone else. You're using long and medium-term principles when they simply do not apply.

You are right, the way I wrote that doesn't make sense. Undecided

What I meant to say is that at the current elevated price, the hype is just going to bring in new traders, while everyone who made 500% on their money is going to sell. Chances are that more people will sell than buy at this point in time.

Thanks for pointing that out, I am going to go back and edit that.

warlogna

newbie

Activity: 28

Merit: 0

Quote from: jonnysomething on March 04, 2014, 04:43:02 PM

I would just like to say that you could still invest in Maza, it hasn't hit Cryptsy yet and will probably hit .0003 when it does.

Where is it traded right now?

jonnysomething

member

Activity: 98

Merit: 10

I would just like to say that you could still invest in Maza, it hasn't hit Cryptsy yet and will probably hit .0003 when it does.

warlogna

newbie

Activity: 28

Merit: 0

I notice in your blog you mention that you stayed away from Auroracoin because of the hype. But you're talking about daytrading.

I'm no expert, but it seems to me like the hype is exactly what you want to follow when day trading. Hype means people putting money into it. Money coming in in means your coins go up in value. Screw Iceland, jump off at $30, $50, or $70 with everyone else. You're using long and medium-term principles when they simply do not apply.

squatsnmilk

member

Activity: 89

Merit: 10

Quote from: MysticDOGE on March 04, 2014, 03:50:15 PM

Next big question will be: Why did i not invest in KlondikeCoin? Just had a huge block reward drop. Many webshops accepting kdc now, since added to coinpayments.net (ended 2nd place). Committed community and active devs. Lot happend past few days. Wouldnt be supriced to see a huge raise in price soon.

I will look into KlondikeCoin as well.

squatsnmilk

member

Activity: 89

Merit: 10

Quote from: Litesire on March 04, 2014, 04:11:17 PM

Quote from: MysticDOGE on March 04, 2014, 03:50:15 PM

Next big question will be: Why did i not invest in KlondikeCoin? Just had a huge block reward drop. Many webshops accepting kdc now, since added to coinpayments.net (ended 2nd place). Committed community and active devs. Lot happend past few days. Wouldnt be supriced to see a huge raise in price soon.

KDC might do ok for your average buyers, but the name is just terrible. Can't see many ladies jumping for this one or 99% of the coinnames for that matter.

Obv AUR and MAZA are scamcoins both being pumped by devs with a fake story that will never come to fruition, of course the smart people will dump out while they ride the scam
wave and make some decent cash on it, but beware if you not out when the kids realize it was a scam.

They are both short-term investments at best.

coinsfuture

member

Activity: 109

Merit: 10

Quote from: Uniqueorn on March 04, 2014, 02:57:34 PM

But why aren't you giving any indepth analysis of these coins in your blog?
Everyone can look at a coin that has been pumped and say "damn I wish I had invested in it". There are good reasons why a lot of people refrain from investing in Aurora and Maza. Sure they are great short term investments and if you got a few bitcoins laying around they were definitely interesting enough to put into it as speculation, but long term they have absolutely zero chance at survival.

Auroracoin will plummet into the depths of obscurity once the airdrop of reality hits. Most smart investors know this and will dump it way before.
Mazacoin would've been interesting *if* the Lakota people actually had any chance of using it! The Lakota indians represent 55 000 people, and the vast majority of them are beneath the poverty line without internet...
To me this is almost cruel, giving these people who has zero comprehension of cryptos a false hope that they'll be given tens of thousands worth of this "something" and then reality is that the dump will arrive here too.

This new trend of NationCoins is a breath of fresh air into a suicide-inducingly boring clone war, but so far none of them show long term promise.

You do realize that all they need is a cell phone to use Maza. And also the developer of the coin is giving workshops to not only train the populace in the usage of cryptos, but is also spreading more in depth information like mining and the technology behind cryptocurrency.

Topic: Why Didn’t I Invest In MazaCoin or Auroracoin? [blog post] (Read 2306 times)