Post
Topic
Board Announcements (Altcoins)
Re: [ANN][MZC][SHA-256] MAZACOIN *First Sovereign Currency* ANDROID WALLET AVAIL.!!
by
buddynuno
on 14/03/2014, 21:15:46 UTC
There are some facts that many are missing here:

-It is not Payu's fault that some people are with a loss on their hands because they bought at higher prices and now can't cash in with profit.
-Payu said that he would expect that the value of Mazacoin would be around 25 cents of a USD to $1 USD within a year and this coin is 1 month old.
-The early pump to 20 cents was artificial . People should know by now that when there is hype around a coin, someone is always going to take advantage of that to make huge profits. Many of you followed this pump and got burned. So now live with that consequence and if you want to see profit from what you invested. Do something to help raise value instead of whining and moan all the time.
-The price of Mazacoin is where it is because there are to many coins being minted everyday and at this point the demand for them is not enough to make the price go up naturally.
-Miners want to profit and are not going to hold any coins so one of my suggestions is that the block reward should be reduced to 100 coins per block. This will lower the amount of coins that are minted everyday and if the demand reaches the breaking point then we can start to see some rise on the value.
-Value although is something that is valued by people. So for Mazacoin to get some value we need to get involved with community activity.
-I think many here are interested on this coin because you believe or would like to see the Native American Tribes to have their Sovereign currency, correct?
-So for those that would like to support the native american, you can help them by creating and develop more structures for the use of Mazacoin.
-I read all the time dev this, dev that. If you are not satisfied with the current developers of Mazacoin, talk and find ways to develop Mazacoin.
-I am willing to help with some translation to Portuguese to begin with when the new website is out!!!

Best to all