starmman
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Activity: 1484
Merit: 1029
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November 03, 2016, 08:06:35 PM |
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Btc back under $700
The speculators think it will retrace back to around $650, time to get hold of some cheap magi before the price goes back up - unfortunately, I spent my spare funds on some cheap DOGE. I'll have to see if I can squeeze things around to buy more at 3400 =) Found some really unrealistic buy orders on another coin, cancelled them and managed to get hold of a nice amount of Magi =D Lets see where the BTC retrace goes (I was expecting BTC to rise further for a longer period before falling back) - good to see that Magi is not as fast to react as some of the other coins - I already missed out on cheap ETH and LSK =D Good job amigo! Transferring my newly acquired stack of Magi off to Bittrex, to help out a little more on there - there still isn't quite enough liquidity on that market yet for my liking. The next step for me will be to help populate the new exchange with some realistic orders.
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111magic
Legendary
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Activity: 1764
Merit: 1005
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November 03, 2016, 08:08:28 PM |
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Btc back under $700
The speculators think it will retrace back to around $650, time to get hold of some cheap magi before the price goes back up - unfortunately, I spent my spare funds on some cheap DOGE. I'll have to see if I can squeeze things around to buy more at 3400 =) Found some really unrealistic buy orders on another coin, cancelled them and managed to get hold of a nice amount of Magi =D Lets see where the BTC retrace goes (I was expecting BTC to rise further for a longer period before falling back) - good to see that Magi is not as fast to react as some of the other coins - I already missed out on cheap ETH and LSK =D Good job amigo! Transferring my newly acquired stack of Magi off to Bittrex, to help out a little more on there - there still isn't quite enough liquidity on that market yet for my liking. The next step for me will be to help populate the new exchange with some realistic orders. Thats a good idea. I will help with that.
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bitcoin: bc1qyadvvyv29z08ln2ta7g3uqwzkscr7wq4p09wuz
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starmman
Legendary
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Activity: 1484
Merit: 1029
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November 03, 2016, 08:25:35 PM |
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Btc back under $700
The speculators think it will retrace back to around $650, time to get hold of some cheap magi before the price goes back up - unfortunately, I spent my spare funds on some cheap DOGE. I'll have to see if I can squeeze things around to buy more at 3400 =) Found some really unrealistic buy orders on another coin, cancelled them and managed to get hold of a nice amount of Magi =D Lets see where the BTC retrace goes (I was expecting BTC to rise further for a longer period before falling back) - good to see that Magi is not as fast to react as some of the other coins - I already missed out on cheap ETH and LSK =D Good job amigo! Transferring my newly acquired stack of Magi off to Bittrex, to help out a little more on there - there still isn't quite enough liquidity on that market yet for my liking. The next step for me will be to help populate the new exchange with some realistic orders. Thats a good idea. I will help with that. Great - It'll take a few more weeks (or another large drop in price) for me to acquire enough magi to help out in any meaningful way on there
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starmman
Legendary
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Activity: 1484
Merit: 1029
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November 04, 2016, 03:58:51 PM |
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I was expected a large rise or fall on XMG today, but instead we are getting a consolidation phase. I should learn to always expect the unexpected. LOL
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111magic
Legendary
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Activity: 1764
Merit: 1005
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November 04, 2016, 04:02:09 PM |
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I was expected a large rise or fall on XMG today, but instead we are getting a consolidation phase. I should learn to always expect the unexpected. LOL
lol its always difficult to understand what the markets will do. I like the consolidation phase. 
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bitcoin: bc1qyadvvyv29z08ln2ta7g3uqwzkscr7wq4p09wuz
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K1lo
Full Member
 
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Activity: 151
Merit: 100
Moar mining!!! .. oh wait, that's too much
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November 04, 2016, 04:15:39 PM |
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I was expected a large rise or fall on XMG today, but instead we are getting a consolidation phase. I should learn to always expect the unexpected. LOL
I'm curious, on what basis were you expecting to see a large rise or fall?
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Developer, tinkerer, miner, coin holder, hopelessly amateurish trader
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Pamadar
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Activity: 3010
Merit: 1028
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November 04, 2016, 04:18:26 PM |
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I was expected a large rise or fall on XMG today, but instead we are getting a consolidation phase. I should learn to always expect the unexpected. LOL
I'm curious, on what basis were you expecting to see a large rise or fall? might possible if there's some announcement coming from the dev if they are making some updates and some expected progress coming from the project, hope to see magi back to 4k up again.
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starmman
Legendary
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Activity: 1484
Merit: 1029
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November 04, 2016, 04:54:00 PM |
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I was expected a large rise or fall on XMG today, but instead we are getting a consolidation phase. I should learn to always expect the unexpected. LOL
I'm curious, on what basis were you expecting to see a large rise or fall? (Note: This is my very amateurish analysis) I was expecting to see a large price change mostly due to the reversal of the BTC price and it being close to the weekend (when there is often a movement on Magi), couple that with the stalling of the price over the last couple of days (sometimes that is a signal of change) and the buy/sell walls being pretty wide I was expecting some momentum, either upwards due to a back towards the 4500 levels (as bitcoin has devalued) or a downwards shift towards the 3000 levels (if the BTC price were to shift back or there was a bit of a sell off) A lot of the other coins I've been trading with caught momentum on the BTC retrace yesterday, I thought XMG might catch up today.
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K1lo
Full Member
 
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Activity: 151
Merit: 100
Moar mining!!! .. oh wait, that's too much
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November 04, 2016, 05:00:30 PM |
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hmm interesting, I guess I view alt-currencies as having their values pegged to BTC rather than being separate. You're right of course that changes in the BTC price are reflected in altcoins. Thanks for your insight, I dabble a bit in trading but am far from an expert so it's always good to get someone else's insight 
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Developer, tinkerer, miner, coin holder, hopelessly amateurish trader
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starmman
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Activity: 1484
Merit: 1029
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November 04, 2016, 06:29:55 PM |
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hmm interesting, I guess I view alt-currencies as having their values pegged to BTC rather than being separate. You're right of course that changes in the BTC price are reflected in altcoins. Thanks for your insight, I dabble a bit in trading but am far from an expert so it's always good to get someone else's insight  Alt coins are pretty peculiar - sometimes they follow USD, sometimes BTC but also have their own fluctuations. The only thing that is guaranteed is that you never really know exactly what will happen next - if we did we'd all be millionaires I guess.
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S3cco
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November 04, 2016, 06:46:39 PM |
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XMG is up for vote at: https://revex.co/ (New exchanges/coins rating platform) Go shot your vote!
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starmman
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Activity: 1484
Merit: 1029
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November 04, 2016, 07:25:56 PM |
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XMG is up for vote at: https://revex.co/ (New exchanges/coins rating platform) Go shot your vote! Magi has got my vote (2 votes for Magi now) - not sure what I voted for - but I voted anyway =)
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111magic
Legendary
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Activity: 1764
Merit: 1005
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November 04, 2016, 10:00:49 PM |
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XMG is up for vote at: https://revex.co/ (New exchanges/coins rating platform) Go shot your vote! Magi has got my vote (2 votes for Magi now) - not sure what I voted for - but I voted anyway =) Voted for Magi. Come Magi community just vote for Magi there! https://revex.co/
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bitcoin: bc1qyadvvyv29z08ln2ta7g3uqwzkscr7wq4p09wuz
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starmman
Legendary
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Activity: 1484
Merit: 1029
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November 04, 2016, 10:13:55 PM |
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XMG is up for vote at: https://revex.co/ (New exchanges/coins rating platform) Go shot your vote! Magi has got my vote (2 votes for Magi now) - not sure what I voted for - but I voted anyway =) Voted for Magi. Come Magi community just vote for Magi there! https://revex.co/We are now positioned 8th in the table with a total of 3 votes - I wonder who voted LOL
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K1lo
Full Member
 
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Activity: 151
Merit: 100
Moar mining!!! .. oh wait, that's too much
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November 05, 2016, 12:24:09 AM |
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I voted for Magi 
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Developer, tinkerer, miner, coin holder, hopelessly amateurish trader
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111magic
Legendary
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Activity: 1764
Merit: 1005
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November 05, 2016, 06:15:47 AM |
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I voted for Magi  Cool Magi has 6 votes there already. Keep voting all!
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bitcoin: bc1qyadvvyv29z08ln2ta7g3uqwzkscr7wq4p09wuz
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starmman
Legendary
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Activity: 1484
Merit: 1029
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November 05, 2016, 01:10:33 PM |
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I voted for Magi  Cool Magi has 6 votes there already. Keep voting all! Just thinking, Maybe posting on the facebook and/or twitter feed will get more votes for Magi =)
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111magic
Legendary
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Activity: 1764
Merit: 1005
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November 05, 2016, 01:48:14 PM |
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I voted for Magi  Cool Magi has 6 votes there already. Keep voting all! Just thinking, Maybe posting on the facebook and/or twitter feed will get more votes for Magi =) https://twitter.com/Coin_Magi_XMG/status/794665587205140480 
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bitcoin: bc1qyadvvyv29z08ln2ta7g3uqwzkscr7wq4p09wuz
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sid7039
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November 06, 2016, 07:53:16 PM |
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I voted for Magi  Cool Magi has 6 votes there already. Keep voting all! done! one more 
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starmman
Legendary
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Activity: 1484
Merit: 1029
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November 06, 2016, 08:08:22 PM |
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I voted for Magi  Cool Magi has 6 votes there already. Keep voting all! done! one more  Awesome, although it looks like we are falling back compared to some of the other coins on there. We were 8th place this morning and 12th place now. Lets hope a few more people vote - its great when Magi pushes above its weight!
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