By absolute chance, I watched it happen. 20K XMG sold in a flash.

I only checked in to Bittrex briefly (I don't use it) and had just read the sell price and then looked at the buy price ... which dropped like a stone in a second. I had to rub my eyes and check the url and reload the page before I believed it.

There was a small sell panic on the other exchanges, which was mopped up easily.

Well, put a few btc around 6000 now.
Maybe there's still someone around who wants to dump.
Otherwise it will keep the price above 6000.
I'm out of btc for the moment. (or should sell my bag of NAVs)

Thanks Spexx.

today i checked magi diff for first time, so i noticed a considerable difference between pow and pos difficulty, i know mining in pos is more profitable
but this big difference is confusing for me?!
a little help plz...

Hi,

The proof-of-work mining is much more difficult than the proof-of-stake mining.

You need some good hashing power with the program minerd.exe to earn some XMG from proof-of-work mining.

The hashing power for proof-of-stake mining comes from the XMG wallet when opened for staking and does not need to do much work to mine a proof-of-stake block.

A proof-of-stake block is worth a lot less than a proof-of-work block.

There is symmetry for you

One of my dump, err buy support orders got filled too.  I've taken the goodness home and am staking interest in the wallet. 

Staking is fun!

Hey fellow Magi guys and gals. Long time lurker here - I've finally registered 

Spexx I wanted to ask, where did you get that screenshot? Up to now I've pretty much just been mining and selling my XMG but might start staking properly now... in the past on a few hundred XMG I'd only see fractions of an XMG every few days 

Hi there and welcome to this Magical community.

That screenshot comes from https://chainz.cryptoid.info/xmg/#!extraction

A few hundred XMG does not carry a lot of weight, even when staked efficiently, so you will need a fair bit more XMG to start seeing more regular POS payouts.

You need something in the region of 20K XMG to get about 1 XMG per day from staking. When you have that much staking correctly, the constant notifications about incoming transactions become a nuisance

Good idea the Frisian! I will take a look at some options for that! (PoS-II campaign)