Marycoin (MC) - Very Attractive P2P/Exchange with Mkt Cap below 100k USD

[honglu69]

Here is one small unkown coin that I have been involved recently and found very attractive either as user of its service, or investor of this coin.

Marycoin (MC) essentially is a bitcoin clone. Its total maximum supply is at 21,000,000 MC with trading price at roughly 1.67 doge per MC. That put this coin market cap at $87,000 USD total. 

I found this coin when I was testing out for P2P exchange like Bisq.  I found  Marycoin P2P exchange (  https://mc-ex.multicoins.org/ ) with very low fees and easy to use.  The experience is a lot better than I was at Bisq.  The current Marycoin P2P exchange trading volume is very thin, and it is not suitable for large money。  It is only good for P2P trading  small amount, say $10 USD per trade at virtually no fees.

In its P2P exchange, traders can trade fiat in  Chinese Yuan (alipay, wetchat pay etc), Russian Ruble), or anything crypto such as Marinecoin (MTC), doge, bitcoin etc.  The positive side is that its P2P exchange charges virtually no fees and the user experience is good for me and its developer is very talented.  The Marycoin  obtained from P2P exchange can be liquidated for doge/LTC/BTC at its exchange at:  https://trade.multicoins.org/.    In other word, together with P2P + OpenTrade exchange,  a user can
exchange Chinese Yuan alipay P2P in small amount to dogecoin or  exchange Marinecoin (MTC ) into dogecoin in P2P fashion.

Marycoin P2P exchange has a youtube demo at:
https://www.youtube.com/watch?v=Lz7PcPVmiqY

I have tried its P2P to exchange 1000 MTC for 60 MC, it worked. My experience  is posted at its forum at:
https://forum.marycoin.org/showthread.php?752-Please-Add-Marinecoin-(MTC)-in-P2P-Exchange

OpenTrade exchange (https://trade.multicoins.org/) is a small exchange where you can buy and sell MC against bitcoin/litcoin/dogecoin and other bunch of
coins.  The exchange allows anonymous signup and trading.  One tip for OpenTrade exchange: do not use hotmail or other Microsoft email to sign up,  yahoo/gmail seems to work well.  This could be confusing for some users, but the exchange actually is very solid in my experience.
 
Marycoin looks like an attractive long term buy at current price.   Certainly its P2P exchange is very attractive for those fiat-to-crypto  P2P exchange, or for those
small amount crypto-to-crypto P2P trades.    If airdropped MTC members want to trade your small amount of MTC, and not willing to buy 1 million MTC at F1CX exchange,
Marycoin P2P exchange seems to be a good place to trade.  I am pretty sure at deep discounted price on MTC, a lot of MTC members are willing to buy out your airdropped coins.

Bitcointalk ANN page: https://bitcointalk.org/index.php?topic=1949232.0
P2P Exchange:   https://mc-ex.multicoins.org/
OpenTrade exchange:  https://trade.multicoins.org/
Marycoin forum: https://forum.marycoin.org/forum.php
Marycoin DISCORD: https://discord.gg/qFTagTB

[ayuluv]

Nice but will it affect the sales of F1?


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[honglu69]

Nice but will it affect the sales of F1?


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No I do not believe it will have any effect.  No body can sell more than small amount $10 USD per trade through Marycoin econo system.  It does not have capacity now.
Actually, I am the main buyer in OpenTrade exchange.  If I do not buy in large volume on MC, nobody will at this moment.  I certainly has no interest to push down MTC price. 

But for P2P , it is very interesting concept.  In theory,  people in China can p2p trade on  BTC/Yuan in this P2P fashion. 

Marinecoin is never a place to restrict anyone.  I think airdropped people in MTC or any other coins should be fine to trade themself any where.  They can do it in localbitcoins,  or BISQ,  but cost is very high.  Marycoin  P2P is just a no cost method. 

[ayuluv]

Nice i am interested
I will check it out


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[ayuluv]

Btw do you recommend mining MC or ITNS instead?

[honglu69]

Btw do you recommend mining MC or ITNS instead?

I do not mine MC, nor MTC, I do not know they are profitable or not.

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[ayuluv]

Btw do you recommend mining MC or ITNS instead?

I do not mine MC, nor MTC, I do not know they are profitable or not.

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Thanks alot. Let me check it out . May consider holding some

[ayuluv]

Currently the p2p seems more costly at the moment

[honglu69]

Currently the p2p seems more costly at the moment

P2P is always going to be more costly than exchange.   Marycoin P2P is similar to that of Localbitcoins.  Localbitcoin is way more costly than a regular exchange.

However, the value of P2P is freedom and no restriction.  For example, a chinese in China can not buy bitcoin/Marinecoin/dogecoin easily.  if they find a Chinese in China
online are willing to trade their Yuan/Bitcoin,  they can use  Marycoin P2P to make the trade.  It is not suitable for big money, only small amount at this moment. 
For bigger money, they probably better find other places such as localbitcoins or other P2P.  Marycoin system currently is mainly for micro payment trades.

For small amount, I expect the traders will need discount to make a profit.  For example, if I trade $10 USD in P2P there on MTC,  I am looking for 20% profit, or $2 dollar profit.  Profit and fun both.  But why bother trading there if there is no profit involved.  That is why I do not see P2P exchange in same league as F1CX.  Not the same thing.

Bisq is very odd stuff.  I liked its concept, but the experience sucked for me.  See my post on Bisq.  Bisq is the reason that I found Marycoin eco system. 

[ayuluv]

Currently the p2p seems more costly at the moment

P2P is always going to be more costly than exchange.   Marycoin P2P is similar to that of Localbitcoins.  Localbitcoin is way more costly than a regular exchange.

However, the value of P2P is freedom and no restriction.  For example, a chinese in China can not buy bitcoin/Marinecoin/dogecoin easily.  if they find a Chinese in China
online are willing to trade their Yuan/Bitcoin,  they can use  Marycoin P2P to make the trade.  It is not suitable for big money, only small amount at this moment. 
For bigger money, they probably better find other places such as localbitcoins or other P2P.  Marycoin system currently is mainly for micro payment trades.

For small amount, I expect the traders will need discount to make a profit.  For example, if I trade $10 USD in P2P there on MTC,  I am looking for 20% profit, or $2 dollar profit.  Profit and fun both.  But why bother trading there if there is no profit involved.  That is why I do not see P2P exchange in same league as F1CX.  Not the same thing.

Bisq is very odd stuff.  I liked its concept, but the experience sucked for me.  See my post on Bisq.  Bisq is the reason that I found Marycoin eco system.

ah i see. Is there something wrong with the displayed price of BTC / MC?

[honglu69]

Currently the p2p seems more costly at the moment

P2P is always going to be more costly than exchange.   Marycoin P2P is similar to that of Localbitcoins.  Localbitcoin is way more costly than a regular exchange.

However, the value of P2P is freedom and no restriction.  For example, a chinese in China can not buy bitcoin/Marinecoin/dogecoin easily.  if they find a Chinese in China
online are willing to trade their Yuan/Bitcoin,  they can use  Marycoin P2P to make the trade.  It is not suitable for big money, only small amount at this moment. 
For bigger money, they probably better find other places such as localbitcoins or other P2P.  Marycoin system currently is mainly for micro payment trades.

For small amount, I expect the traders will need discount to make a profit.  For example, if I trade $10 USD in P2P there on MTC,  I am looking for 20% profit, or $2 dollar profit.  Profit and fun both.  But why bother trading there if there is no profit involved.  That is why I do not see P2P exchange in same league as F1CX.  Not the same thing.

Bisq is very odd stuff.  I liked its concept, but the experience sucked for me.  See my post on Bisq.  Bisq is the reason that I found Marycoin eco system.

ah i see. Is there something wrong with the displayed price of BTC / MC?

Do not trust opentrade USD price. It uses localbitcoin to derive USD price for MC.

It is MC/BTC so that you get inverted  price of what you normally see in exchange

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[ayuluv]

Currently the p2p seems more costly at the moment

P2P is always going to be more costly than exchange.   Marycoin P2P is similar to that of Localbitcoins.  Localbitcoin is way more costly than a regular exchange.

However, the value of P2P is freedom and no restriction.  For example, a chinese in China can not buy bitcoin/Marinecoin/dogecoin easily.  if they find a Chinese in China
online are willing to trade their Yuan/Bitcoin,  they can use  Marycoin P2P to make the trade.  It is not suitable for big money, only small amount at this moment. 
For bigger money, they probably better find other places such as localbitcoins or other P2P.  Marycoin system currently is mainly for micro payment trades.

For small amount, I expect the traders will need discount to make a profit.  For example, if I trade $10 USD in P2P there on MTC,  I am looking for 20% profit, or $2 dollar profit.  Profit and fun both.  But why bother trading there if there is no profit involved.  That is why I do not see P2P exchange in same league as F1CX.  Not the same thing.

Bisq is very odd stuff.  I liked its concept, but the experience sucked for me.  See my post on Bisq.  Bisq is the reason that I found Marycoin eco system.

ah i see. Is there something wrong with the displayed price of BTC / MC?

Do not trust opentrade USD price. It uses localbitcoin to derive USD price for MC.

It is MC/BTC so that you get inverted  price of what you normally see in exchange

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Thanks alot mate

I only recognise doge and btc in there

[honglu69]

Posted by the developer kzv on June 01, 2018 in Russian,  translated into English by Google Translation:
https://bitcointalk.org/index.php?topic=1929459.msg39109546#msg39109546

kzv
Hero Member
*****

Activity: 924
Merit: 524

   
Re: New fork: Marycoin. Opportunity to start from scratch!
June 01, 2018, 05:37:45 AM
# 1526
Friends!

Today, at 0 hours 10 minutes, exactly one year has passed since the full launch of the Marikoin project.
I'll remind you how it all began:

May 23, 2017 announcement of the coin. In the announcement it was reported that the coins will have an almost identical bitcoin code and the coin will not have any prema.
As far as I know, a year ago the issue of coins with absolutely no prema was an extreme rarity, if not to say a unique case at all. It was this fact that drew attention to Marikoin.

On May 27, 2017, the client was compiled and written to the blocking zero (genesis) block https://marycoin.net/block/00000000445999647df11eba1ac9c2fbb52c5c271417292e13b3282d004a3dc3

On June 1, 2017, at zero o'clock Moscow time, the source code and compiled files of Marikoin were published. Began to run the processors. https://bitcointalk.org/index.php?topic=1929459.msg19298778#msg19298778
In the first version, Marikoin could be thrashed directly with a purse.

After 10 minutes the first block was found https://bitcointalk.org/index.php?topic=1929459.msg19298905#msg19298905
From this moment began the life of the blockade of Marikoin, which continues successfully today and of course will continue for a very long time Smiley

I do not know what can be considered the birthday of Marikoin: the date of the announcement, the date of recording the genesis of the block or the date of the first block, so I decided to wait for all these dates, to wait on June 1 and congratulate all those who continue to support this project and believe in it

Happy Birthday!


The main complaint to the new cryptonyms is that they can not be bought with anything and therefore they are only suitable for stock speculation.
Marikoin from the very first announcement positioned itself as a coin for everyday payments. For this, together with the coin, the p2p exchange service for the currency and the cell phone payment service was simultaneously launched.

To date, the priority for the community is the development of its own exchange, where the main means of payment is Marikoin. https://trade.multicoins.org/
The exchange is still young and inexperienced, but there are already more than 800 unique users registered with checked mail and trades are successfully going around the clock seven days a week.

Nevertheless, new ideas and projects related to Marikoin continue to appear and will appear in the future.

Today I want to announce a new (one more) direct exchange service of Marikoin to Yandex rubles, as well as the replenishment of the Marikoinas by the cellular phone balance of Russian operators. https://mc-rub.multicoins.org

Unlike the long-running similar service, in the new version you do not need to register and make a deposit. The exchange takes place in a fully automatic mode, through the interaction of the Yandex-Money service and the Marikoin blocking.

The purchase of Marikoin occurs within a minute.
The sale of the Maricones and the payment of the phone (the transfer of rubles to the buyer's account) is completed after three confirmations of the transaction of Marikoin in the detachment.

[DMG_The_Penguin]

@honglu69   so in the end the only way to buy marycoin is from https://mc-ex.multicoins.org/ right?

[honglu69]

Marycoin (MC):  you can buy from two exchanges:
https://shorelinecrypto.com/market/DOGE-MC

or OpenTrade  Exchange (a link in upper menu of ShorelineCrypto)