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Title: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: Jahvinci on September 11, 2020, 03:09:10 PM https://i.ibb.co/7KTDzmx/MOTA-Banner.png (http://www.motacoin.net) https://image.ibb.co/i4HaSJ/Motacoin_Logo.png (http://www.MotaCoin.net) Welcome to the official MotaCoin bitcointalk page! Check out our newly designed Website! BTC~~https://www.MotaCoin.net~~BTC (https://www.MotaCoin.net) What makes MotaCoin different? MotaCoin has adopted the approach of the Ripple and Stellar, when it comes to recruiting new businesses to their platform. Ripple and Stellar both had pre-mined an amount of coins that is being given to relevant businesses in their target industries. For Ripple and Stellar, that means banks. We liked that idea so much, we decided to apply that novel approach to MotaCoin! We've set ourselves apart from our competitors, due to the fact that there will be a 10 million coin premine with the sole purpose of industry adoption. No other marijuana coin has any amount of coins with the expressed intent of giving them away to the target industry: Marijuana Dispensaries. If you have been watching the marijuana altcoin market for years, as I have, you undoubtedly noticed that the entire sector seemingly froze. Very little progress toward mainstream adoption. You rarely, if ever, hear about dispensaries accepting these coins as payment. And in my opinion, the reason for that is this: Dispensary owners are going to want a stake in it. If they are going to train their staff on how to use crypto, in terms of point-of-sale commerce, then they are definitely going to want to make sure they have enough of that coin to make the trouble worthwhile. I haven't seen any other marijuana coin that sets aside pre-mined coins with the sole purpose of giving away to dispensaries in order to give them incentive to join the network. MotaCoin is the only one in our sector doing this. How is that going to work exactly? Each dispensary will be offered tiered packages The terms of each package will be put together in a contract. The terms are listed below. Tier 1 Package: 100,000 MotaCoin
Tier 2 Package: 75,000 MotaCoin
Tier 3 Package: 50,000 MotaCoin
Tier 4 Package: 25,000 MotaCoin
Algorithm: X-13 Proof of Stake: 6% - 12% (6% until block 1,234,509 | 12% from then on) Proof of Work: PoW mining rewards until block 1,234,509 [/size] Coin Supply: 100 million + PoS Inflation Launch Date: We are live as of March 18th 2018!
We're launching this project from the belly of the beast. Los Angeles, California.https://i.ibb.co/P49kDRM/palm-tree-small.png (https://imgbb.com/) Launching from Los Angeles provides the MotaCoin project with a decisive advantage. That advantage is a blend of culture, diversity, and most of all...tons of marijuana dispensaries. To give you an idea of what we're looking at, take a peek through the lens of weedmaps.com: https://i.ibb.co/Rc2c3sh/weedmaps.png (https://ibb.co/qpBpNc0) This is just a small fraction of the playing field available for the MotaCoin team. With this magnitude of dispensaries available, there are countless opportunities to be grasped and limitless possibilities to be explored. Take the sheer numbers of weed retailers combine it with the cultural phenomena that is cryptocurrency, and it will deliver in creating an opportunity most people couldn't dream up. Think about it, of all the industries that blockchain technology is affecting, which among them has a greater need for decentralized payment systems than the emerging recreational marijuana market. The Los Angeles marijuana market is being taken by storm given the recent legalization approved by US citizens. This legalization doesn't solve all of the marijuana markets problems though. The banking aspect of these businesses has typically not looked very bright. However, with the introduction of Bitcoin and other cryptocurrencies, the entire payment infrastructure is being innovated. The need for decentralized payment systems with these marijuana retailers is becoming increasingly apparent as time moves forward. We have a unique approach toward recruiting dispensaries to join the MotaCoin network. Unique in a sense that no other marijuana coins have tried, but not unique in the sense that it's been tried and tested by both Stellar and Ripple. Both of those coins premined amounts of coin with the sole purpose of giving it away to industry leaders and players. That's what we're doing. We're premining a large portion of coins to be given to dispensaries at no cost, as incentive for them to join the network and experiment with our new payment tech. Not only are we giving away coins to dispensaries, we also have a sizable portion of coin that is destined for air drops and give aways. How will the Proof of Work coins be released? All 46,900,000 MotaCoin will be released as follows:
Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: Jahvinci on September 12, 2020, 09:12:52 PM @CryptoSnake 💕🔥
Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: Jahvinci on September 12, 2020, 09:13:54 PM We have a big announcement!
We are rescheduling the Mota Cup due COVID 19 to a later date! The Mota Cup was set to take place Sept 25th 2020, but we are moving the date to 420 weekend!! 🎈 🎇🎉🎉🎊 The new date for the #MotaCup is April 16th, 17th & 18th of 2021!! Stay tuned for more details!😎🎇 Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: Jahvinci on September 15, 2020, 08:41:17 AM https://zpool.ca/images/zpool_logo_512.png http://zpool.ca/ Hi, We've added MOTA (MOTA) to http://zpool.ca/ x13. See below for connection details. Fee only: 0.5% or less BTC payouts are processed once a day for balances above 0.0025 Payouts for all other currencies are made automatically every 4 hours for balances above 0.05 and balances more than 0.0125 are included in one of the payouts each day. - Sample configurations - To mine and get paid in MOTA: Code: -a x13 -o stratum+tcp://x13.mine.zpool.ca:3633 -u MOTA_ADDRESS -p c=MOTA,zap=MOTA Exchange to BTC: Code: -a x13 -o stratum+tcp://x13.mine.zpool.ca:3633 -u BTC_ADDRESS -p c=BTC Code: -a x13 -o stratum+tcp://x13.mine.zpool.ca:3633 -u BTC_ADDRESS -p c=BTC,zap=MOTA All of our ports are NiceHash friendly, no need to specify any extra details We also provide stratum servers in: Europe: Code: x13.eu.mine.zpool.ca:3633 Code: x13.sea.mine.zpool.ca:3633 Code: x13.jp.mine.zpool.ca:3633 Need hashpower? zpool’s sister provides hash rental services: http://hashtap.ca/ ============================== Support: https://discord.gg/n45n6Jj Twitter: https://twitter.com/_zpool_ Hey there, looks great! Thanks for adding us! We will add you to our website! Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: Dr Charles on September 15, 2020, 10:12:08 PM Following :)
Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: Jahvinci on September 15, 2020, 10:27:08 PM Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: Jahvinci on September 15, 2020, 10:30:42 PM MotaCoin will be participating in Crypto Revolutions first ever Grand AMA!!
Crypto Revolution is pleased to announce the First Grand AMA Event in History of Telegram. 6 Crypto Projects at the same time. 16th of September, 14:00 UTC Time Crypto Revolution & Golden Ratio Token, Hydro, Motacoin, Cryptonewsnet, Kiwi and Baguette Sponsored by: Resfinex Exchange 💪Prize pool: $350 ($50 from each Project and $50 from Resfinex) 👉12 Winners from the Live Telegram Quiz ( $10 each ) 👉18 Winners from the Live Telegram AMA ( $10 each ) 👉5 Winners from Resfinex ( $10 each ) More details will be released prior the AMA!! Requirements: 🗣Join Crypto Revolution (https://t.me/crypto_revolution1) 🗣Join Motacoin Telegram (http://t.me/MotaCoin) 🗣Join Hydro Telegram (https://t.me/projecthydro) 🗣Join GRT Telegram (https://t.me/the_goldenratio) 🗣Join CryptoNewsNet Telegram (https://t.me/cryptonewsnetofficial) 🗣Join Kiwi Telegram (https://t.me/KIWIPoW) 🗣Join Baguette Telegram (http://t.me/BaguetteToken) 🗣Follow Motacoin on Twitter (http://www.twitter.com/motacoin_) 🗣Follow Hydro on Twitter (https://twitter.com/HydroBlockchain?s=09) 🗣Follow GRT on Twitter (https://twitter.com/GoldenRatioTeam?s=09) 🗣Follow CryptoNewsNet on Twitter (https://twitter.com/CryptoNewsnet1?s=09) 🗣Follow Kiwi on Twitter (https://twitter.com/KiwiToken?s=09) 🗣Follow Baguette on Twitter (http://twitter.com/bgttnews) 💪More information about the Projects: 👉Motacoin (http://www.motacoin.net/) 👉Hydro (https://projecthydro.org/) 👉GRT (https://goldenratiotoken.site/) 👉CryptoNewsNet (https://cryptonewsnet.com/) 👉Kiwi (https://kiwi-token.com/) 👉Baguette (http://baguettetoken.com/) https://i.ibb.co/tYNQjkH/Mota-Coin-Grand-AMA.jpg (https://t.co/SKjfccjeYE?amp=1) Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: gembitz on September 24, 2020, 02:04:51 PM Following :) why new thread ~ something big cooking? :o 8) ;D Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: Jahvinci on October 01, 2020, 04:38:18 PM Following :) why new thread ~ something big cooking? :o 8) ;D Always got something big cookin! :D Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: Jahvinci on October 09, 2020, 08:04:23 PM We are excited to announce that a new MotaCoin/Bitcoin market is now live on 💖Erex.io💖 !!
https://i.ibb.co/2ydS8ZB/Mota-Coin-Listing-EREXio.jpg (https://erex.io/exchange/MOTA/BTC/) Erexis offers five trade pairs to trade with MOTA- https://erex.io/exchange/MOTA/BTC 👈 https://erex.io/exchange/MOTA/USDT 👈 https://erex.io/exchange/MOTA/DOGE 👈 https://erex.io/exchange/MOTA/ETH 👈 https://erex.io/exchange/MOTA/EREX 👈 Huge thanks to the Erex team for listing us so quickly! :D💕 Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: gembitz on October 15, 2020, 08:44:09 PM Following :) why new thread ~ something big cooking? :o 8) ;D Always got something big cookin! :D motacoin on darkweb / cannabis network ;) reeeee ===> https://freiexchange.com/market/mota/BTC Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: Jahvinci on October 22, 2020, 11:52:28 PM The MOTA/BTC market on Sato Exchange is back online! ✅
https://www.satoexchange.com/market/MOTA/BTC We are also happy to announce that SatoExchange.com has been integrated into GrowBot (https://grower.tools/growbot_core/)!!🔥🔥🔥🔥 The follow markets are available: MOTA/BTC LTC/BTC DOGE/BTC ETH/BTC BTC/USDT ETH/USD https://Grower.Tools/Growbot_Core/ 👈🔥 👉Follow MotaCoin on Online👈 https://www.twitter.com/Motacoin_✅ https://facebook.com/Motacoin✅ https://t.me/MotaCoin✅ https://www.instagram.com/Motacoin✅ https://discord.gg/jcuE8Vj✅ 👉Follow Sato Exchange Online👈 Twitter:https://twitter.com/satoexchange✅ Facebook:https://facebook.com/satoexchange/✅ Telegram:https://t.me/satoexchange_official✅ Telegram:https://t.me/satoexchange✅ https://i.ibb.co/MRMqbX8/satoex-card.jpg (https://www.satoexchange.com/market/MOTA/BTC) Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: waya on November 18, 2020, 08:36:08 AM Hello All,
I just have to say I love this coin. I hold, stake, and trade this coin. It by far has to be one of my favorite cannabis cryptocurrencies. Wish you all good luck and much more success and keep up the good work!! Cheers, Waya Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: Jahvinci on November 22, 2020, 10:36:05 PM Hello All, I just have to say I love this coin. I hold, stake, and trade this coin. It by far has to be one of my favorite cannabis cryptocurrencies. Wish you all good luck and much more success and keep up the good work!! Cheers, Waya Thank you! So happy to hear that 🥰. Drop by our telegram & discord if you haven't already, and check out our instagram & twitter for news feeds :) Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: gembitz on November 24, 2020, 06:57:15 PM Hello All, I just have to say I love this coin. I hold, stake, and trade this coin. It by far has to be one of my favorite cannabis cryptocurrencies. Wish you all good luck and much more success and keep up the good work!! Cheers, Waya Thank you! So happy to hear that 🥰. Drop by our telegram & discord if you haven't already, and check out our instagram & twitter for news feeds :) motacoin ~ seeds when? ;-D weeeee Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: Jahvinci on December 02, 2020, 10:22:00 PM We have a HUGE announcement to make!!
MotaCoin is tracked & listed on CoinMarketCap.com :D https://coinmarketcap.com/currencies/motacoin/ https://i.ibb.co/52rfX9M/CMC-Announcement-MOTA.jpg (http://coinmarketcap.com/currencies/motacoin/) Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: Jahvinci on December 02, 2020, 10:26:39 PM We have another HUGE announcement to make!!
MotaCoin is now listed & trading on Altilly.com!! :o https://www.altilly.com/market/MOTA_BTC https://www.altilly.com/market/MOTA_USDT https://www.altilly.com/market/MOTA_XQR https://i.ibb.co/VxV8Q00/Altilly-MOTA-Listing.jpg (https://www.altilly.com/market/MOTA_BTC) Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: Jahvinci on December 02, 2020, 10:39:41 PM We have YET another HUGE announcement to make!!
MotaCoin is now listed & trading on Altilly.com!! :o https://https://www.coinbase.com/price/motacoin :o :o :o https://i.ibb.co/ck0jmVL/Mota-Coin-Tracking-On-Coinbase.jpg (https://https://www.coinbase.com/price/motacoin) Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: gembitz on December 27, 2020, 05:38:34 PM MOTA sounds fun... however BTI is going to be dropping free seed packs soon! cheers ===>
https://freiexchange.com/market/BTI/BTC https://freiexchange.com/market/MOTA/BTC Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: Jahvinci on April 20, 2021, 05:11:46 PM We are pleased to announce that dispensaries and other businesses can now turn their MOTA into their local fiat using AutoCash from BlockchainFinancial.com! :D
This means if someone spends MOTA at a business, they can get it cashed out to whatever their local currency is, in real time! Not only can businesses cashout MOTA, they can also cash out their other favorite coins like Potcoin, Hempcoin & GrowersCoin! This is done through a peer to peer style network, with automation for everything provided by Blockchain Financial. For more info on how to use visit https://autocash.blockchainfinancial.com/ Video: https://www.youtube.com/watch?v=tKHSVitTTyU (https://www.youtube.com/watch?v=tKHSVitTTyU) Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: gembitz on April 20, 2021, 06:02:37 PM We are pleased to announce that dispensaries and other businesses can now turn their MOTA into their local fiat using AutoCash from BlockchainFinancial.com! :D This means if someone spends MOTA at a business, they can get it cashed out to whatever their local currency is, in real time! Not only can businesses cashout MOTA, they can also cash out their other favorite coins like Potcoin, Hempcoin & GrowersCoin! This is done through a peer to peer style network, with automation for everything provided by Blockchain Financial. For more info on how to use visit https://autocash.blockchainfinancial.com/ Video: https://www.youtube.com/watch?v=tKHSVitTTyU (https://www.youtube.com/watch?v=tKHSVitTTyU) happy 420 ~ cannabis crypto when? :\ hmmmm Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: Jahvinci on May 03, 2021, 03:52:30 AM iOS Wallet Published in the App Store! Visit our twitter for the full announcement! https://twitter.com/MotaCoin_/status/1389060233318723585 Download here! https://apps.apple.com/us/app/motacoin/id1564834312 https://i.ibb.co/P16L1LJ/i-OS-Announcement.png (https://ibb.co/YfLCfCJ) Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: bunterfisch on June 26, 2021, 09:26:22 PM MotaCoin is listed on following Exchange:
https://freiexchange.com/market/MOTA/BTC https://www.satoexchange.com/market/MOTA/BTC https://www.satoexchange.com/market/MOTA/USDT https://bololex.com/trading/?symbol=MOTA-BTC https://www.unnamed.exchange/Exchange?market=MOTA_BTC https://v2.altmarkets.io/trading/motabtc Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: talkshi on June 27, 2021, 06:10:24 AM I trade seeds for MOTA ; )
Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: Jahvinci on June 29, 2021, 03:58:22 AM Bell Smoke Shop Now Accepts $MOTA!!! Visit our twitter for the full announcement! https://twitter.com/MotaCoin_/status/1409720563283632133 Visit our Youtube Channel! https://www.youtube.com/watch?v=1EVXjttEaRY&ab_channel=MotaCoin Download your MOTA Wallet on iOS! https://apps.apple.com/us/app/motacoin/id1564834312 Download your MOTA Wallet on Android! https://play.google.com/store/apps/details?id=com.realmotacoin&hl=en_US Stay tuned for more updates! 8) Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: h4xr4nubs on July 28, 2021, 07:52:16 PM We've been rolling out the new wallets the past couple days, there are updated MOTA wallets that are live on iOS & Android, as well as new wallets for Win/Mac/Linux! Just follow the instructions in the README posted here: https://github.com/Jahvinci/MotaWallets
In sum, the instructions say to replace your MOTA wallet executable with the latest version, and then resync the blockchain. That's it! We also have a static MotaCoind available for rapid deployment, as well as a bootstrap for rapid blockchain sync's. (You will find the download links for both of these in the README) If you have any questions, let us know, we're happy to help! Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: h4xr4nubs on July 30, 2021, 01:02:13 AM We had to make one more change to the code, we apologize for the inconvenience! Version 1.3.4 is live.
The bootstrap published yesterday is unchanged, you can still use it. That being said, please upgrade to version 1.3.4 at your soonest convenience and resync: https://github.com/Jahvinci/MotaCoin Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: Jahvinci on August 01, 2021, 10:18:41 PM Trading is live on FreiExchange, thank you for your patience everyone!
Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: Jahvinci on September 05, 2021, 02:45:44 AM Raspberry Pi Wallet Released!!
Big News Update -Raspberry Pi Wallet ✨NOW AVAILABLE✨ -Download the Raspi Wallet from our website at 🔗https://MotaCoin.net🔗 -Go Green & Setup your 𝗦𝗧𝗔𝗞𝗘𝗕𝗢𝗫 today!✔ (For Raspberry Pi 2, 3 and 4) -Plugin your stake box & mint MOTA 24/7 View the full announcement here (https://twitter.com/MotaCoin_/status/1434345538460258323): (https://twitter.com/MotaCoin_/status/1434345538460258323) Stay tuned for more exciting news, coming soon! 8) Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: True Spartan on September 12, 2021, 06:30:24 PM How goes it yall? I market bought some $MOTA at 24satoshi the other day. Will hodl.
Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: Jahvinci on September 16, 2021, 04:09:01 AM Welcome, glad to hear that :D
Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: nirvanafan4ever on January 16, 2022, 08:06:51 PM Welcome, glad to hear that :D Where did the mining pools go? Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: dimon891 on January 25, 2022, 09:39:53 AM Welcome, glad to hear that :D Why POW don't work?Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: Jahvinci on March 18, 2022, 05:24:08 PM Welcome, glad to hear that :D Where did the mining pools go? We balanced the pow rewards with pos, instead of 10,000 mota every day pow can generate about 400 mota, and the pow generates about 400 mota also. So, given the reduction in pow rewards I don’t think it’s profitable enough for pow pools. Which means it’s a good time to buy some and start staking! Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: Jahvinci on March 18, 2022, 05:25:28 PM Welcome, glad to hear that :D Why POW don't work?It does still work, with enough pow hash power it will start cranking out blocks, but the rewards for pow were balanced from 10,000 mota daily to 400, to match the pos potential Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: Jahvinci on April 20, 2022, 01:44:31 PM Happy 420 everyone!! We have a ton of news items lined up for the next four weeks: new wallets, news articles, an executive summary, a white paper and a very special announcement that we have been working on that will extend MOTA outside of the cannabis industry! Stay tuned!! https://i.ibb.co/rbHH9wh/420.jpg (https://motacoin.net/) Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: elmo40 on June 25, 2022, 04:36:23 AM Dropping from 31 to 3.1 is lame. Why not just pre-mine everything and only run PoS? You started with 53,100,000.0 MOTA already.
Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: Crestington on June 28, 2022, 01:37:29 PM Dropping from 31 to 3.1 is lame. Why not just pre-mine everything and only run PoS? You started with 53,100,000.0 MOTA already. We are looking to go full POS and I am giving a helping hand but may be a while as I am also working 60 hr weeks cooking in a restaurant. We are hashing things out but I want to do a static POS reward vs a flat reward percent per year. The reasoning for me was that you need competition and if you have something like 5% total inflation but divided by the stakers, the ones participating gain more. With a flat reward per year, if you don't have everyone staking, you don't gain that inflation per year and exchanges can more easily out stake and sell the coin. Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: Jahvinci on July 02, 2022, 10:55:11 PM Dropping from 31 to 3.1 is lame. Why not just pre-mine everything and only run PoS? You started with 53,100,000.0 MOTA already. We are looking to go full POS and I am giving a helping hand but may be a while as I am also working 60 hr weeks cooking in a restaurant. We are hashing things out but I want to do a static POS reward vs a flat reward percent per year. The reasoning for me was that you need competition and if you have something like 5% total inflation but divided by the stakers, the ones participating gain more. With a flat reward per year, if you don't have everyone staking, you don't gain that inflation per year and exchanges can more easily out stake and sell the coin. Agreed, we will take your recommendation for a static POS reward. Excited to have you back in the mix 8) Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: elmo40 on July 03, 2022, 12:44:11 AM Straight PoS? All the more reason to have the old block reward. Now that is it crap : Dead coin walking.
Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: Jahvinci on August 07, 2022, 02:35:18 AM Straight PoS? All the more reason to have the old block reward. Now that is it crap : Dead coin walking. So… since 10,000 mota isn’t mined via pow and dumped on the market daily….that means the coin is dead. Lol…got it. Thx for the input. Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: elmo40 on August 08, 2022, 02:59:19 AM And how is that working out for ya?
https://unsee.cc/album#asKT41gFUvCo1uQB Nice steady price... into the gutter. Why do devs have the notion that dropping block reward (halving, in most cases) means price increase? Or is there another reason to drag out total supply mining time for 50 years? Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: Jahvinci on August 08, 2022, 03:19:32 PM And how is that working out for ya? https://unsee.cc/album#asKT41gFUvCo1uQB Nice steady price... into the gutter. Why do devs have the notion that dropping block reward (halving, in most cases) means price increase? Or is there another reason to drag out total supply mining time for 50 years? Well unfortunately we got exploited at our ATH (as did many other hybrid pow/pos coins in that time period)... that caused a price crash, and the 10k dumped daily sure did accelerate that crash..... And are you joking or do you honestly not understand basic economics? Supply & Demand, go spend 2 minutes learning about it. If there are 1 million mota minted per day, the price will find a new equilibrium based on the delta of supply - price will be lowered - obviously. If there is only 0.00001 mota minted per day, the price will increase to reflect higher demand through the lower supply. You should know this. Who is dragging out the total supply mining time? There will always be staking to subsidize the mining, otherwise people won't be using their wallets to process transactions. There is no max supply. There is about 180,000 mota minted per year under the new rewards, which would have previously taken only 18 days to generate. With the dramatic reduction in supply of new mota minted, you would be wise to stock up at these prices. Time will tell the tale. Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: elmo40 on August 09, 2022, 07:26:54 PM I appreciate the reply but in the world of Crypto, it has almost no resemblance of typical economic supply&demand reactions. Clearly the price did not move higher due to xx% slower in creating coin. I'd venture to guess it is still in a price(demand) decline.
You need to realize that crypto is only worth what the next youtube sensation or pop star(or billionaire) will gab about it. With only ~5% of the world involved with crypto and most coins being practically unknown(and 10 new ones created daily...), there will not be a demand for any of them except the big 5. All clones rise with BTC. I am not knocking the system you have here, I am simply stating a fact from what I see in price charts. The only boost coins get is either from BTC going up or, as I mentioned, someone famous making people aware it even exists. I have some. No point in mining and too little for earning in stake rewards. Time does tell, eventually ;) Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: Jahvinci on August 17, 2022, 03:41:33 PM I appreciate the reply but in the world of Crypto, it has almost no resemblance of typical economic supply&demand reactions. Clearly the price did not move higher due to xx% slower in creating coin. I'd venture to guess it is still in a price(demand) decline. You need to realize that crypto is only worth what the next youtube sensation or pop star(or billionaire) will gab about it. With only ~5% of the world involved with crypto and most coins being practically unknown(and 10 new ones created daily...), there will not be a demand for any of them except the big 5. All clones rise with BTC. I am not knocking the system you have here, I am simply stating a fact from what I see in price charts. The only boost coins get is either from BTC going up or, as I mentioned, someone famous making people aware it even exists. I have some. No point in mining and too little for earning in stake rewards. Time does tell, eventually ;) We can agree to disagree that crypto does not resemble typial economic supply & demand. The price will indeed move higher due to -96% reduction in new coins, when 10k were minted daily - toward the end - it was getting dumped to 1,2,3,4,5 satoshis for a couple months, then the change hits and now we are comfortably above 10. Luckily we are actually being used by real businesses, so that puts us with the few. In response to the only boost coins get is from btc going up, how do you explain us hitting $0.115 per mota in august of 2021? We were definitely in a bear market while MOTA took 30,000% gains from 1/3 penny to almost 12 pennys per coin, over a three/four month period. We did that while every other coin was falling. Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: Jahvinci on January 17, 2023, 06:48:37 PM Major Announcement!!!
MotaCoin has been featured on Greenleaf Magazine!🎊🎉🥳🍾 Check out www.GreenleafMag.com to read the full issue and check out what MotaCoin and fam have been up too! https://i.ibb.co/tPHDKGH/Green-Leaf-Mag-Sept.jpg (https://www.GreenleafMag.com) 🔥🔥🔥Also featured🔥🔥🔥 #DigitalNote #XDN DigitalNote #Potcoin #POT Potcoin #ReddCoin #RDD ReddCoin #BlockchainFinancial.com Blockchain Financial #PhoenixBlockchain #PHX Phoenix Blockchain Stay tuned for more news and updates, huge shout out and thank you to the team at Greenleaf Magazine! Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: elmo40 on September 19, 2023, 05:03:53 AM Nice to see various projects being talked about. Brings awareness, if nothing else.
With top 20 wallets having 800k+ each, there really isn't any faith for new people to grab a handful, for fear a whale will dump (again). Going PoS was a weird move. I guess having a long run of PoW helped spread the coin around, but the top5 PoS earners also hold the top10 balances. Not 'fair' for people just getting in with a few grand worth. I believe these wallet holders should staking=0 in their conf files, but hold the wallets open for network stability. They have 'enough'. Allow the small fry to earn a few crumbs. Title: Re: Topic: MotaCoin[Official][MOTA][X13] Developments & Discussions Post by: Jahvinci on September 24, 2023, 05:06:52 PM Nice to see various projects being talked about. Brings awareness, if nothing else. With top 20 wallets having 800k+ each, there really isn't any faith for new people to grab a handful, for fear a whale will dump (again). Going PoS was a weird move. I guess having a long run of PoW helped spread the coin around, but the top5 PoS earners also hold the top10 balances. Not 'fair' for people just getting in with a few grand worth. I believe these wallet holders should staking=0 in their conf files, but hold the wallets open for network stability. They have 'enough'. Allow the small fry to earn a few crumbs. Whales didn't dump much during our ATH, the reason the price dropped was 2 reasons: a) We got exploited and hackers minted a ton of coins and dumped. That was addressed and we not only patched it successfully, but we also learned how to replicate their exploit. b) there was 10k mota mined every day and dumped on the market. At $0.10 per coin, that's $1000 a day hammering the bid liquidity. That's why we went full POS. Its not fair for literally 2 miners to be draining so much liquidity every day. As far as the top 5 pos earners 'unfairly' hogging all the stakes, keep in mind there are only 420 mota minted via pos each. That's $2 worth of mota every day. Its virtually nothing. So the top 5 pos earners are splitting $2 worth of mota each day lol. Moving to full POS is imperative to holding price gains. Since our last discussion, after moving to full POS, we are up 300%. The staking rewards are low enough to be considered irrelevent imo. How many of the top wallets are actually staking? A handful?? Only 2 of the top wallets are even staking (https://chainz.cryptoid.info/mota/#!wallets) That all being said, we are very very undervalued, no one is dumping at these prices. There are plenty of coins to be picked up on the markets at these prices. I think we finally have everything lined up to moonshot again, and this time we will hold the price gains. As I correctly predicted sustained gains after switching to full pos, I predict that we will go much much higher than our current ATH and these prices are bargains. Like last time, we will see! |
