[ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay]

[The Frisian]

Price value never seems to follow a rule.

Look for example XMG versus GRS. (almost same price)

XMG : buy support 6 BTC         GRS : buy support 40 BTC
          693.000 coins                        6.000.000 coins

XMG : sale support 1.150.000  GRS : sale support 1.750.000

So the interest in GRS seems to be 9 times bigger then XMG, but price the same.

Is there any logic for this?

[111magic]

If i had 10BTC i would bought the wall on Bittrex just to find out what will happen. 

Look also on the other side, buy support around 5 BTC and declining.

Yes i noticed that. Would be better if that side grows!

[The Frisian]

If i had 10BTC i would bought the wall on Bittrex just to find out what will happen. 

Look also on the other side, buy support around 5 BTC and declining.

Yes i noticed that. Would be better if that side grows!

I sold my GRS a few days ago, so I have a few BTC.
If you buy the half then I buy the other half.

[111magic]

If i had 10BTC i would bought the wall on Bittrex just to find out what will happen. 

Look also on the other side, buy support around 5 BTC and declining.

Yes i noticed that. Would be better if that side grows!

I sold my GRS a few days ago, so I have a few BTC.
If you buy the half then I buy the other half.

You sold GRS? Why good price or not active anymore?
I will do whatever i can. Good thing Magi community is bigger than before so there will be lots of people who can help.

[starmman]

If i had 10BTC i would bought the wall on Bittrex just to find out what will happen. 

Look also on the other side, buy support around 5 BTC and declining.

Yes i noticed that. Would be better if that side grows!

I think the buy side is low because people are eating into the wall

However it does put the coin at risk if somebody wants to dump a lot of Magi when the wall dries up - however I think the coin is strong enough to get back up quickly

[The Frisian]

You sold GRS? Why good price or not active anymore?

I thought GRS price (7500 sat) and UNO price (0.015) were good enough.
I am now all in XMG, but maybe I buy back a few GRS or UNO, when they are low again.
(I have a few other coins still, for example 300 million SLOTH coin)

[111magic]

If i had 10BTC i would bought the wall on Bittrex just to find out what will happen. 

Look also on the other side, buy support around 5 BTC and declining.

Yes i noticed that. Would be better if that side grows!

I think the buy side is low because people are eating into the wall

However it does put the coin at risk if somebody wants to dump a lot of Magi when the wall dries up - however I think the coin is strong enough to get back up quickly

I agree with that Starmman. And after almost 3 years Magi knows the activity & tactics of tradergroups.
Might be a plan to get some XMG for low price

[111magic]

You sold GRS? Why good price or not active anymore?

I thought GRS price (7500 sat) and UNO price (0.015) were good enough.
I am now all in XMG, but maybe I buy back a few GRS or UNO, when they are low again.
(I have a few other coins still, for example 300 million SLOTH coin)

Cool good to hear you are all into Magi.

[z0n0]

That's just sick 

[111magic]

Will be better soon!
Reminder the Magi Standalone payment gateway is launched again. 

[Abiky]

I am long time Magi collector if i sell now i will get decent profit, but i wont  1xmg=1$ is near future, for now i have enough Magi i dont need to trade or mine.
I wish Magi to spread evenly i have some serious hash i could mine even now 100 Magis per day with free electricity and gear at work but i wont. Magi needs bigger army of small holders to go where it belongs.

Sounds great. Magi reaching $1 could be anytime soon, making a constant stream of profits to those who have invested earlier into it. I'm willing to put most of my devices to mine Magi too, although the bigger the network hashrate is, the lower the reward will be.

Nevertheless, Magi is a very exciting cryptocurreny to buy, mine, and hold. With its growing community, and active development, together we could make Magi one of the best altcoins in the market. Imagine how far Magi could go in the next years from becoming more valuable, to having better features, and so on. One thing that I'm looking forward to is for Magi to adopt SegWit as it will greatly increase its transaction capacity. Perhaps, it may not be neccesary at the moment, but it would give Magi a boost. Just my thoughts.

[xyburcoin]

any new magi cpu miner?

[111magic]

any new magi cpu miner?

Not yet i think. Thought Spexx miner is still the best one.
But not sure about that

I am long time Magi collector if i sell now i will get decent profit, but i wont  1xmg=1$ is near future, for now i have enough Magi i dont need to trade or mine.
I wish Magi to spread evenly i have some serious hash i could mine even now 100 Magis per day with free electricity and gear at work but i wont. Magi needs bigger army of small holders to go where it belongs.

Sounds great. Magi reaching $1 could be anytime soon, making a constant stream of profits to those who have invested earlier into it. I'm willing to put most of my devices to mine Magi too, although the bigger the network hashrate is, the lower the reward will be.

Nevertheless, Magi is a very exciting cryptocurreny to buy, mine, and hold. With its growing community, and active development, together we could make Magi one of the best altcoins in the market. Imagine how far Magi could go in the next years from becoming more valuable, to having better features, and so on. One thing that I'm looking forward to is for Magi to adopt SegWit as it will greatly increase its transaction capacity. Perhaps, it may not be neccesary at the moment, but it would give Magi a boost. Just my thoughts.

I wish i could write as you do. Great words Abiky.
Looking at the markets Magi is doing ok these days!
Lots of other coins are dropping very hard!

[hefty]

I am long time Magi collector if i sell now i will get decent profit, but i wont  1xmg=1$ is near future, for now i have enough Magi i dont need to trade or mine.
I wish Magi to spread evenly i have some serious hash i could mine even now 100 Magis per day with free electricity and gear at work but i wont. Magi needs bigger army of small holders to go where it belongs.

Sounds great. Magi reaching $1 could be anytime soon, making a constant stream of profits to those who have invested earlier into it. I'm willing to put most of my devices to mine Magi too, although the bigger the network hashrate is, the lower the reward will be.

Nevertheless, Magi is a very exciting cryptocurreny to buy, mine, and hold. With its growing community, and active development, together we could make Magi one of the best altcoins in the market. Imagine how far Magi could go in the next years from becoming more valuable, to having better features, and so on. One thing that I'm looking forward to is for Magi to adopt SegWit as it will greatly increase its transaction capacity. Perhaps, it may not be neccesary at the moment, but it would give Magi a boost. Just my thoughts.

I agree, whole market is crashing ppl need money to invest in million different ICOs, it will go up again i am not afraid for Magi as Magi is still at low number @ 7mill and it had fair start with fair devs and best community on bct talk. When ppl get burn with 90% scams these days promising fast profit it will all settle to BTC, few anon coins like monero and dash, 1-2 ICOs that are fair and few fair coins with hq coding like Magi could go up in top 100.
Its not good time for mining Magi, its summer cpus are cooking and its not profitable at this hashrate.
Now its better to mine with gpus eth based coins even some x11 like sibcoin, and exchange to xmg.
At this nethash to get 350 xmgs per day we need around 100xi7s like 4790/6700/7700 watercool/delid/ac @ 90w/4.4ghz  its to much hassle even with free el., 
but we can mine 350 xmg per day mining eth based coins and transfering to xmg with only 15x1070 @ 500mhs, 68%tdp -400 core clock + 700 vram with ac off @ ambient 30C/GPU 64C 70-80%fan and be profitable even after exchanging to xmg. Multipool would be good thing now to help buy up this big sell wall without lowering price to much everyone from community could put few gpus in it instead of mining with cpus and collect more xmgs while staying profitable

[111magic]

Yes somebody knows a multipool who can or will add XMG? Or Joe can you do something with it?

[joelao95]

Yes somebody knows a multipool who can or will add XMG? Or Joe can you do something with it?

Historical made us a free multipool service before; I'm not sure if he can activate that; it'll be a need of some time to add some more options, but I'll send him a PM.

[Raizou]

What is the feasibility of mining MAGI on CPU? Is it profitable? What are the default settings? Or is it more interesting to buy at exchanges? This project is old, the community is very active! Is there a way to download wallet faster? Bootstrap?

[111magic]

Yes somebody knows a multipool who can or will add XMG? Or Joe can you do something with it?

Historical made us a free multipool service before; I'm not sure if he can activate that; it'll be a need of some time to add some more options, but I'll send him a PM.

Thanks Joe that would be nice. Hope Historical will/can help us!

[starmman]

Yes somebody knows a multipool who can or will add XMG? Or Joe can you do something with it?

Whats a multipool? Is it something similar to merged mining?

Price has been all over the place on Yobit today - high of 19000 and low of 4600

[111magic]

Yes somebody knows a multipool who can or will add XMG? Or Joe can you do something with it?

Whats a multipool? Is it something similar to merged mining?

Price has been all over the place on Yobit today - high of 19000 and low of 4600

Yes indeed.
Looks like they are trying to get XMG value lower with small sells on Bittrex. Hmmm ...