MIR

Faryz177

Not surprised, this is one of the exchanges of choice for western expats to transfer their money into Russian banks far away from US prying eyes. The US has been raging quietly about this since they switched to MIR. Keep on raging US, you cant control all the money in the world and people will rightfully take their money to where its more valuable.

exitof99

MIR / Mirror Protocol (the runners abandoned the project) ICP

ChaosUncaged

OP doesn’t seem to realize MIR died years ago

catattackskeyboard

I put $500 into MIR as a hilarious moonshot as all fundamentals disappear in a bull run and it’s down 500x from its historical high.

AvatarOfMomus

They're not saying that though, they're specifically calling out these four tokens. Luna is part of UST, so a determination on one will affect both, and MIR is even less in doubt than UST. As for the whole "true stablecoin" thing, I think you'd be right *if* the Stablecoin is actually fixed value, as opposed to Terra's LUNA algorithm BS, and if the company issuing the tokens isn't offering any kind of staking or investment through the tokens. If you want the nuance behind this then I recommend reading the judge's ruling. It should be available online soon if it's not already.

jekpopulous2

Polygon acquired MIR for $400M, Hermez for $250M, etc… 85M is peanuts to them. They’re sitting on one of the biggest war chests in all of crypto.

CurveFinance

They all pussied out, unfortunately. MIR, SNX, lINA etc. Chainlink and Band have oracles set up already so it's not a technical challenge

thejuicesdidthis

You can do this in MIR4, you can sell characters via blockchain as well.

Michael__X

Nope, I posted a couple comments down but I'm looking into the Luna case and the SEC alleges Luna, MIR and the mAssets where all securities. There's a lot of defi with "foundations " basically running as businesses so I don't think it's over yet. Also that would probably mean no tokenised stocks if they win

smaili13

you can have crypto game on steam if you disable the crypto shop, thats how MIR4 is doing it https://store.steampowered.com/app/1623660/MIR4/ , if you want to access the crypto stuff, need to download the client from the dev site

Kingkong_smoldong

I’ve been out of the loop on a few coins, what happened to MIR? It used to be a huge coin back in the old bull run

Nagakura_Shinpachi

Sorry for hijacking your comment If you like fighting games you could try "The King of Fighters Arena". It's free to play, graphics are okay, it's available on Android, iOS and PC, and it has around 40 playable characters (like [Mai Shiranui](https://youtube.com/watch?v=NBt82-YzJxQ&feature=share8) ) The same developer (Netmarble) has other 3 blockchain games: Ninokuni cross world, A3 still alive and Meta world: My city. The first 2 ones are RPG games and the last one is a monopoly-like video game. And if you like diablo-like video games you could check out "Seraph in the darkness" and "MIR M". P. S. The only one I played is the king of fighters, so I don't know if the other ones are fun or not.

mattg1981

MIR protocol on Terra had synthetic equities - surprised that project never got ported (like many others in the terra ecosystem have).

coinfeeds-bot

tldr; Lawyers for Terraform Labs and co-founder Do Kwon are attempting to use a recent ruling in the Ripple case to dismiss an SEC lawsuit against them. The SEC had claimed that Terraform's algorithmic stablecoin UST and sister-token LUNA were unregistered securities. However, Terraform's lawyers argue that the Ripple ruling confirms the legal insufficiency of the SEC's argument. They claim that institutional sales of LUNA and MIR were exempt from registration, making them different from the institutional sales of XRP in the Ripple case. The court has yet to make a decision on the motion to dismiss. Additionally, Terraform's lawyers have requested subpoenas to access information from FTX Trading and West Realm Shires in order to demonstrate that they are not at fault for the collapse of UST. The trial is scheduled to begin on November 30. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

thejuicesdidthis

MIR4 is a fully fledged MMORPG that was adapted to have one of it resources to include cryptocurrencies. You can also tokenize your character as NFT to sell in the end game. I made quite a lot of money by selling my character 2 years ago. No point in starting to play now though as you'll be very behind from other players.

Nyarlatotep781

Seems the 24h winners are AKT, MIR, MULTI and KEY.

Asleep_Ambassador_66

Just so people know, it's regarding his bag full of WEMIX coins. It's a gaming coin with hundreds of thousands of players. If you're familiar with M.U, C9 or MIR4, they own it! [However. in December 2022, they lose to a battle in court against South Korean exchanges and got their coin delisted.](https://coingeek.com/wemix-loses-delisting-battle-in-court-against-south-korean-exchanges-but-promises-to-continue-the-fight/) \- They are valued $0.84 at this time but was able to reached an ATH of $24.71 during last 2021 bullrun. \*Link is inserted if you wish to know more about the scandal\*

N0Name_N0Face

Not true. I used to live in Russia and still have a Russian card with a few roubles in it. I tried buying on Binance with this card (after reading your post) it didn't allow me - saying that cards issued in this country are not allowed. I asked a few friends who are still there. They say the same (they used MIR cards). They allow only AdvCash or Payeer for Russian citizens. Other method is via QIWI.

icunicu

For competitive play, I like Gods Unchained as others have mentioned, magiccraft, and the machines arena. For an MMORPG, ArcheWord just came out in NA servers, but I still would probably prefer MIR4. Both are p2w korean mmo style. For a shooter, I am looking to jump into the next deadrop snapshot. I am really having fun with netmarble's metaworld: my city. It started casual, but it is getting kind of serious. It is like monopoly and poker and connect 4 and chess with a side of sim city.

RazarusMaximus

For me, buying a coin because I liked the name. MIR... It was an MMORPG I played many years ago (made a lot of money selling loot) and then it got me...

Bks1981

I think that the derivatives market going to synthetic assets will be one things that boom so coins like SNX, UMA and MIR will make a good run IMO.

Nonocoiner

Got a nice MIR airdrop at the time, that was cool. It didn't seem like the worst system I think, but swapped it anyway @ $4,50 for another pump and dump, to later cash out in eth.

Elegant_Tale_3929

MIR was linked to Luna and had something to do with synthetic assets. It didn't fair well in the wake of Luna's crash though.

Parush9

The US-based crypto trading giant says it’s preparing to delist Rally (RLY), DFI Money (YFII), Mirror (MIR), OMG Network (OMG), Loom Network (LOOM), and Augur (REP). Just so you don’t have to click it . Oh well many probably never heard of those either .

dkbowl02

I lost soo much on MIR

GrailThe

I call shenanigans. I follow crypto very closely and have for the past 2 years. I literally have never heard of any of these supposed "Major" cryptos - Rally (RLY), DFI Money (YFII), Mirror (MIR), OMG Network (OMG), Loom Network (LOOM), and Augur (REP)

intergalactic_kitten

I thought Mirror (MIR) went down with Terra (Luna). I am surprised it was still being traded. It was a token based on synthetic stocks and such. It "mirrored" TradFi. As for OmiseGo (OMG), it was one of the 1st side-chains for Ethereum and I still do not know why it is still so unknown. It was original a payment network within China that made a side-chain for ethereum. Their original, non-blockchain payment network handled a huge chunk of payroll within China.

intergalactic_kitten

I thought Mirror (MIR) went down with Terra (Luna). I am surprised it was still being traded. It was a token based on synthetic stocks and such. It "mirrored" TradFi. As for OmiseGo (OMG), it was one of the 1st side-chains for Ethereum and I still do not know why it is still so unknown. It was originally a payment network within China that made a side-chain for ethereum. Their original, non-blockchain payment network handled a huge chunk of payroll within China. (Side note... I have a mentor who has done really good on some of his calls and, years ago, said "all you need is OmiseGo", that it would surprise people once crypto overtook FIAT. Of which, I do not think people truly understand the gravity of ANY coin once crypto IS THE FINANCIAL SYSTEM.) ... Could be an interesting sign actually. Huge influx coming in?

SpiritmongerScaph

I heard about Mirror (MIR) because of their synthetic assets and potential problems with regulations (also vaguely remember seeing OMG Network (OMG) and Augur (REP)), but yea, I wouldn't call these "major cryptocurrencies".

Concept-Plastic

>Rally (RLY), DFI Money (YFII), Mirror (MIR), OMG Network (OMG), Loom Network (LOOM), and Augur (REP). Have only heard of 2 out of them, not major.

pbjclimbing

I have a very different definition of "major" than the author of this articles Rally (RLY) DFI Money (YFII) Mirror (MIR) OMG Network (OMG) Loom Network (LOOM) Augur (REP

NugKnights

The six cryptocurrencies affected by the suspension are Rally (RLY), DFI Money (YFII), Mirror (MIR), OMG Network (OMG), Loom Network (LOOM), and Augur (REP). Never heard of any of them so there is likely good reason.

Dfranco123

Tldr; In a surprising move, Coinbase Global, the largest trading platform for digital assets in the United States, has announced that it will be suspending the trading of six major cryptocurrencies from its platform. This decision comes after the exchange carried out a routine internal review for the month of March, which led to the conclusion that these cryptocurrencies no longer meet Coinbase’s listing standards. The six cryptocurrencies affected by the suspension are Rally (RLY), DFI Money (YFII), Mirror (MIR), OMG Network (OMG), Loom Network (LOOM), and Augur (REP).

abdelilah_dr

Binance will delist AIN, MIR, ANC on February 27. Because they didn’t meets binance’s standards!!

tsumy

If it's the same history that I read long ago, I think that it was MIR. A weird glitch in the BAND oracle and went to zero. Anyway, few months later the UST catastrophe happened, so his destiny was already written

thejuicesdidthis

Blockchain doesn't have to be decentralized though. Plus it's a good marketing point. I played a proper MMORPG that's integrated with blockchain (MIR4). You can sell your character and some equipment through the blockchain. The game takes quite a big cut from it, I think around 5% for each transactions. Sure they can do this if they wanted to with a private server, but blockchain & p2e was their main marketing point.

outcast_Mugen

There was just an increase in coins that are "not currently available for trading" from 16 to 25 including MIM, LUNA, MIR and ORCA. Seems pretty scummy withholding assets from users.

Hasage

DAGNABBIT! If I wanted the santa/Christmas rally I should have just looked in the MIR! ^(...imma head out now)

Galinhacio

That'd be Polkadot , Cosmos , Bitcoin Network and Solano to finish the top 5 according to Electric Capital report early this year ( January ). Although you'll find a better and dynamic metric on Token Terminal as you can filter the activity by range, and at some point this year Solana even surpassed Ethereum, although it has been falling a lot on ranks , Cosmos has been growing, Polkadot falling as well and Cardana has been consistent through the year.. tho i'm in disbelief on the Cardana side cos it's known fat Charlie is adverse to work, doesn't code shit and outsources the entire work, so hard to say. Filecoin consistent as well and even that thing ICP is doing ok on development. I think in general there's a misinterpretation around Polygon, sure they have active development, but most of the achievement was due to them buying out their way like they did with Hermez and MIR

loaded-diper33

Fuck MIR. Fyll of chinese bots farming. I lasted like 2 months on launch and stopped olaying completely.

Kappatalizable

I still have some MIR. This was shilled by some people in the Daily last bull run. I dont even remember what this project is supposed to do lol

ok46reddit

Russia's use of Bitcoin is in the paltry $millions. This is way down in the noise of daily transaction volumes for either BTC or SWIFT transactions. And for the most part Russia has shifted to MIR for internal payments.

DoNotGiveEAmoneyPLS

I just find it interesting that that USTC, LUNA2, LUNC, MIR, ANC etc. pumps at the same time. Like LUNC and LUNA2 related stuff are supposed to be different coins now, no?

n1ghsthade

REQ and MIR. oversold, soon overbought

tsumy

For the LRC sub just in the average. Maybe it can provide a kind of decentralised MIR (a dead project from Luna, one of the best in the end). But, a single call from the sec and all is vanished

akubemoney

"this one probably fell from the MIR station" bro he fell from the TWIN TOWERS.

coinfeeds-bot

tldr; A new class action lawsuit against TerraForm Labs and its CEO Do Kwon was filed by Bragar Eagel & Squire, P.C. on July 24 in the state of California. The lawsuit was filed on behalf of investors who purchased Terra tokens like UST, LUNA, MIR, and others between May 20, 2021, and May 25, 2022. A similar lawsuit was also filed against Celsius Network. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

Colonypath

Y’all think MIR going to .50 today?

MrPapotasVIP

Bro... I think you're not aware about the situation. You're not informed properly and make assumptions. Russians can't pay for services abroad because the West put that sanction - no card systems work outside of Russia except MIR (and in a limited amount of countries). Not because the government is not allowing it. Before the conflict everyone was allowed to do any transfer to any part of the world. Russia is not North Korea.

tsumy

Comdex. The idea of having a functional commodity market over cosmos is awesome (speciainow with MIR absolutely destroyed), and most probably it ll come with more stuff than snx actually provides (just mints from other cryptos). It's worth to follow its development

SphinxBlack

MIR

fusionash

Because video games and NFTs fundamentally do not mix. If a game has NFT assets, it automatically becomes pay to win. There are no exceptions to this. MIR4 is a prime example and take a look at how it turned out. Then you think, maybe if the NFTs were just cosmetics and don't influence the gameplay then it should be fine. You have to consider that developers have no financial interest whatsoever to make cosmetics NFTs. Whenever a player buys an NFT cosmetic from an open market instead of the developer, it hurts their finances for literally no gain. No, a X% trading fee for purchasing an NFT does not offset the Y-X% loss from selling the asset themselves. There's also the issue of people creating massive bot farms to generate assets that supposedly have value. Conventional gaming cannot eliminate bots and/or cheaters, why would you think NFT games can handle them? Look at MIR4 or Ni No Kuni Cross Worlds, botted to shit to farm a crypto that has a huge downward selling pressure at all times. Then there's the issue of a financial aspect having an effect on gameplay decisions. Should I use this item or should I sell it for X? What if equipping it lets me earn this much more in the future? It fucking sucks to suddenly have money be a factor in gameplay decisions instead of keeping it all contained within the game world. There's also a lot of technical bullshit like blockchain integration, gas fees for transactions, ease of use for crypto payments, etc. but I'm not gonna involve them in the conversation as they will probably be fixed with future tech. TL;DR For a game to successfully implement NFTs, it has to be 1. not pay2win 2. be a net positive in the interests of the developer 3. disjoint the financial aspect from gameplay

thejuicesdidthis

If you're into asian style MMORPG then look into MIR4. It's basically what you described, it's a real proper mmorpg in korea with a global version that integrates blockchain.

thejuicesdidthis

Look into WEMIX network, for some reason it's barely talked here but the games on their platform are real games that are modified to include crypto. Their flagship game MIR4 is a real MMORPG. The developer WeMade has been developing games since 2000.

XnoonefromnowhereX

I have a small ADA short because it’s clearly overbought and ready to correct, a larger TRX short because it’s only a matter of time until it pulls a LUNA, and a still larger MIR short because it’s going to zero, possibly today.

Prized-Man

I remember reading about it MIR last year. The concept is actually pretty good and with time we probably will get a much better version of MIR.

XnoonefromnowhereX

No it is not. Too bad I can’t short MIR on kucoin 😕

Cautious_Ad_5295

$MIR for no reason

tomwesley4644

The dude doing that to MIR is scummy, but he's pulling major BDE

clidec

MIR is on a solid upward swing. Oversold last couple weeks. At .35

clidec

MIR. Looks like a good buy. Anyone got ideas?

RebelJudas

Ill hold my algo shibe MIR STORJ and ankr until it hits zero

Brave_kitten

And in general, the crypto mantra says: buy at the bottom. I think now is the best time to do that. I already bought BTC, some altcoins ADA, FTM and tokens like DESU, SOL, MIR etc. Take advantage of low prices, friends

coinfeeds-bot

tldr; Terra analyst and source of several whistleblower leaks, FatManTerra, has alleged that Mirror Protocol is a “farce designed to enrich Do Kwon/VCs while manipulating governance and screwing over retail.” He identified several wallets that interacted by bridging tokens across the wormhole, transferring mAssets from Ethereum to Terra, and spreading MIR across multiple wallets. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

SA_Ichi

For once I managed to buy the bottom and sell the (at least for now) top. Thanks MIR!

dahomie2020

People dropping btc to chase the MIR pump.

DonDove

No seriously I sold 4 hours ago at 0.20 something cents and MIR shoots at 0.50 what happened??

bone_shadows

You definitely can going short, 3x even. A recent MIR and People short paid off big. I like trading ranges, shorting the rips is easier that way. IT really looked like some alts were going to squeeze me bad recently, but nope, they printed, and they always do since they are essentially heading to zero.

M-Tyson

Will you be removing any coins associated with the Terra ecosystem, including MIR and ANC?

M-Tyson

Yea I think so too, ANC and MIR have been sent to the trash.

M-Tyson

Is the entire terra ecosystem done for? I have screener alerts set up for all Binance USDT pairs but maybe it's time I trim that list. I'm thinking ANC and MIR are also done for?

tsumy

Does anyone read the Luna's communicate? The idea is to leave behind the stable stuff, and save the daps and wallet. And Luna had really awesome projects as MIR. It would be interesting to see with which stable it works. Dai? USDc? Busd? Bridges to all and anyone chose? Anyway, extreme caution. The team is more burned than the Justin Sun reputation

a1579

Transfers via Terra chain were blocked on most exchanges, not sure if that's still the case, but that would be the easiest. I had to convert LUNA to MIR in the terra wallet and use the Terra shuttle to convert it to ERC-20 to get it out. 🙈

RebelJudas

I hope im wrong but ALGO MIR and STORJ, i enjoy them and think they have some cool uses, but the way my algo bag has been tumbling im worried

Godspiral

Meaning of tweet may be a "rektdrop" for a new IBC chain. MIR was a good project. Terraswap and other DEXs. Wallet. ANChor were all top notch, even if a new ANC wouldn't offer same rates. A rollback doesn't automatically make total UST worth $17B. But Terra is/was a good chain, that could continue to be useful.

Dreampopgazer

Used it as slang mate rather than actually description, they've been screwed but agree hopefully likes of MIR can escape

Tenoke

That's not what rugged means and some of those tokens could survive. Migrating to another chain is generally doable and some like MIR are legit.

Dreampopgazer

I actually like some of these projects eg MIR, hope they can fork over to a new chain but yeah most will die

CryptoCryptonaire

I don't take offense, but I'd like to know where my point of view in this is wrong? As far as I can tell, the teams behind LUNA, MIR, UST, etc worked hard on a legitimate project but they were taken down by a group of people doing a very coordinated attack.

throwaway300650

ELI5: How is MIR holding up when ANC, LUNA and UST are in freefall?

Disavowed_Rogue

MIR is a good buy at these prices. Picked up a small bag.

Tenoke

It seems like LUNA either wont survive or it will but current holdings will be devalued. I'm hoping that legit projects like MIR do survive and possibly migrate though since synthetic on-chain assets (and stocks in particular) are cool and the competition in that space is sparse.

Upvote_Me_Slag

My USDC been working hard scooping up cheap bags. SNX, XEQ, FTM, ETH, MIR. I kept 30% of my USDC in case we shit down further. Sold 80% of my alts over the last few weeks as down was more likely than up. My advice. Take profits. Don't let greed keep you hodling forever. Without dry powder you can never win unless you get lottery lucky on a shitcoin.

Fearless_Ad_5938

You are quite focused on Large caps, quite a smart way to help reduce how much you can lose, I actually added a couple low cap gems to my bag the likes of DVDX and MIR, both cause of for synthetic assets.

Keine_Finanzberatung

I believe in the concept of Terra, not just UST and LUNA but MIR, kujira and White whale

coinfeeds-bot

tldr; Russia’s central bank said it plans on having a digital ruble ready by next year. The central bank also plans to expand the number of countries willing to accept MIR banking cards administered by the central bank. The move is part of Russia's effort to circumvent Western sanctions imposed as a reaction to its invasion of Ukraine. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

grandaobimba

$UNO $MTRG $ELa $SHA $MIR $CKB $OCT

tsurutatdk

I heard good reviews on Thetan Arena but not so sure on metagear and MIR although I bumped into MIR already and my friends are enjoying it. I planned to purchase in-game assets there and I'll use nFLARE marketplace and start the leasing opportunities as I'm not a crypto gamer. In this case, we both will earn on my assets through the help of their platform.

quizzicalcounselor

It depends on what kind of game do you enjoy playing or what type of game you’re into. I currently play a lot right now and I play different games depending on my mood and time. I play [metagear](https://metagear.game/) , and[Thetan Arena](https://thetanarena.com/) most of the time on my phone. But, when I’m on my pc, I usually play [MIR4](https://mir4global.com/). Your budget for NFTs is another factor to consider too. Always DYOR.

Arcc14

I went all in on crypto and feel very healthy, PAXG is way more accessible than gold in a fidelity account I never thought I’d like a tokenized physical asset honestly it’s perfect for collateral and it’s important to have a part of your portfolio you can count on to be more stable. I’m hoping platforms like MIR on Terra become more standardized that’ll make me comfortable buying tokenized stocks.

I_snort_FUD

Got some a few $$$ I'm willing to lose. What should I long? APE, GALA, EGLD, LRC, AAVE, or MIR?

JD4578

I swear MIR has the weirdest f in chart

Disavowed_Rogue

Been looking at ENS, MIR, GRT. Not going to 100x today, but maybe good for long term

Bks1981

I believe that synthetic assets will have their time to boom but there are a few different ones and who knows which will be the winners. I hold small bags of MIR, SNX, and UMA. Hopefully they are among the winners.

AutoModerator

Post is by: Puppy_Coated_In_Beer and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoCurrency/comments/trdt3j/mirror_protocol_mir_whats_your_opinion_on_it_and/ **Full Disclosure**: I have only recently come across this project back in December 2021. I do not claim to be an expert on it and am genuinely looking for opinions on it as it doesn't seem to be discussed much on here. Mirror Protocol's App: https://mirrorprotocol.app/#/trade So with Mirror Protocol, they peg their tokens and basically treat them as synthetic assets/stocks. **You don't actually own** the stocks but you own tokens that are pegged to the value of stocks (such as Tesla). [Whiteboard Crypto has a pretty descriptive video on it](https://www.youtube.com/watch?v=dCpckWMXi4o) and details the benefits and risks of the protocol As per their white paper: > "Mirror is a protocol that allows anyone to issue and trade synthetic assets that track the price of real world assets" This also will include materials such as gold, silver, etc. and all sorts of different assets not necessarily associated with stocks. [You can already start buying Mirrored TSLA for example](https://www.coingecko.com/en/coins/mirrored-tesla) It's currently ranked #250 on cryptocurrency markets, yet their governance protocol MIR is available on all major exchanges (**Binance, Coinbase, Crypto.com, Coinbase**, etc.) The great thing about it, I think, is it's on-chain and so is available to people who don't have direct access to buy stocks or assets. I'd prefer buying stocks in crypto because of how incredibly stressful brokers can be, and how long it can take to get your funds onto them. So, very curious to see what people on here think about it. If I've made any mistakes feel free to correct me in the comments, I'm still learning more about it and am honestly very excited for its governance token. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*

TheUndyingBrigade

If you're prefer playing on phones, I'd recommend you to play Axie Infinity. It's like a Pokemon trading card game but you can earn SLP and AXS there. If you like to play on the laptop or desktop, you can try MIR4 or GodsUnchained. The former is a PVP/PVE MMORPG game where you earn through NFTs. While the latter is an NFT card game like Yu-Gi-Oh.

Mr_Nooodle

This is 4 months old. I think. Some of these have done really wel like ROSE and DRCT and HNS. But some has not seen any growth so far. Like DVPN, MIR But I do stand by their utility. They have potential. Haven't followed up on how the Dev's and community doing on these. I would suggest you check their activity before moving forward

Uncultured_duck

Besides ONE and AMP the rest is unknown to me, i would put some in MIR though

Uncultured_duck

LUNA made me a good return, now i'm going in MIR

afaylenesky

thinking about picking up some RUNE and MIR, yall gonna stop me?