Bitcoin Forum

Today I, like many other pool owners, was quite excited for MoonCoin. It looked promising with its active IRC channel and populated thread. I was a bit annoyed by their announcement that multipool would be the only pool to receive early source, but figured it would only result in our pool being a little behind by compiling the source and we would be on a more or less even footing with the other pools. Instead, this happened:

12:30 : Developer locks chat, promotes multipool.us pool until launch

1 PM (original launch time) : Multipool.us is down, developer says he is delaying the launch for unrelated reasons (lol, k).

1:02 PM : Multipool.us back up, developer says launch is nearly ready. Seconds later multipool goes back down, developer says new launch is 1:10. Developer goes offline.

1:12 PM : Developer back online, multipool.us back up, developer says he left and delayed the launch because his home computer got DDOSed (lol, k). He says they are "working on it".

1:15 - 1:18 : Developers and pool owners spam the chat with such comments as "The coin is not being premined!" and "Still at block 0!"

1:19 : Developer says "It is up!" - referring to multipool.us

1:29 : Developers say multipool.us is undergoing a DDOS attack

1:30 PM : Developer announce source code

1:47 PM : Source actually released


This is hilarious guys, wanna know why?

http://moon.hackshard.com/BlockCrawler/index.php?block_hash=df6b464acdb02b1691fe664e0716dae50cbf9ae14539483c116c06df183e6be3

This machine is an hour behind, but as you can see, the coin was clearly mined during the time that the developers were saying that no mining was occurring.

There are other reasons that this ScamCoin is hilarious but I'll leave that for more eloquent posters than myself.

Yes, it is premined. The dev lies to us

Even if it's not premined, you're still getting like 8% of the total coins EVER in the first 100k blocks

waitting....................

Proof of timing

https://i.imgur.com/q1XQWij.png

Complete rubbish.

12:45 we locked the channel.

1PM we opened the port but the daemon kept crashing under the load.

1:12PM I got online again using another method because my cable modem was getting DDOS'd

1:15-1:19 - Yes, I got back on and from what I could see we were still at block 0. It was my understanding that the pool was still down.

1:29PM - Multipool still down/up with daemon finally getting stable.

1:30PM - We released the code because it was safe.

Not sure where the 1:47 thing came from... The source was released shortly after announcement was made.

If someone was able to mine a block before you in the middle of the bedlam, then that's the way it goes. With services crashing left and right, what do you expect?

Almost all new coins created in the last year are scam coins.

Explain this please

https://i.imgur.com/izvncgj.png

no windows -qt leaving many at the mercy of pools who all seem to have issues.

I expect the option of being able to solo mine... but you did not give people that option by leaving out the other options in particular the windows -qt

First block after source release

https://i.imgur.com/8as9YUo.png

So according to that at worst there were only 34 blocks "pre-mined".  Keep in mind the clock on there is 1 hour behind. http://moon.hackshard.com/BlockCrawler/index.php?block_hash=075c862401e96804d2ba3e4e06706ecac645ff4f868ad2f048c11adb7d476d60


You can't go by the time the source was released because we all knew it was going to be working on multipool first, which it was.

Well A. the time in both pictures is the same timezone, so it's irrelevant and B. it doesn't matter if he pre-announced it, that's still a scammy thing to do.

Developer kicking people who call the coin a scam from IRC

https://i.imgur.com/xuL5FnI.png

I was mining this on multipool before the source was up, as were many others. It was made clear multipool was going live as first part of launch, followed by the source. I also compiled mooncoin-qt the moment the source was available, without any hassle. (although it does need its branding fixed up).

Also, multipool didnt go live until after the announced launch time. I really don't see why everyone is complaining. The times everyone is looking at is in CST not EST, add an hour..

In Summary:

Multipool had the source code before 1pm. They had issues getting it going. The source code was delayed (I wonder why?)

~1:15 to ~1:45 the only mining going on was at multipool IF you could even connect. Approx 900 blocks mined in this period (multipool also guaranteed their fees from this...)

1:45pm source code finally available, other pools scramble to get it to compile (some have issues because the coding/mods to forked source is terribad)

By the time anyone else has a change, the difficulty jumps to 16.

I wonder why everyone is pissed off?


Want to launch a coin properly? Get the code working, ONLINE, before you set the launch date. Actually release it on time to everyone. The password protected zip/rar idea an hour or two before launch is a good one.


Also, the CST vs EST thing. Really? Is it that hard to understand? The screen shot shows CST ie 12:14pm. EST that is 1:14pm. This is still before the source code is released.

That is a scam unto itself. New coins should payout crap for the first 10,000 blocks or so. Giving everyone ample time to get on and then start mining the real reward blocks. There is a new one coming out called Darkcoin that is going to take that approach. I just think the dev is relatively new to the scene and that one will be a flop as well.

Look. At. The. Minutes.

so if you so convinced that there was no premine, please xplain this http://moonchain.info/address/2DkNHNQh38ZyMsMraPMvvkbtSP5rKefVdA ? started getting coins very early in the game...

Everyone is complaining because multipool was up and down, ddosed by their own success basically.
The source was not up until many blocks already found, people expected to have it when multipool started mining.

This is the time when i can mine a few second before multipool crash...
Not the same time zone, thats all

+1

This....i do not know WHY coins front load (well i DO KNOW) when simply making the first 100 or so blocks like 10-100 coins....and longer reset times....problem solved....no one would give 2 shits if the devs mined 10,000 coins while everyone got their shit together

@Pythonideus : my account is locked,sent you PM  ??? ??? ???

mooncoin NO SCAM....i like mooncoin

https://i.imgur.com/D4yIU95.png

Banned me for calling his coin a scam.

Sorry I was asleep. Account is unlocked.

Yep.
Just another Sh_t Coin!

this is a scam!

Stick with legit established coins.....

Everyday someone invents a new "distraction"!

whats next???

HotDog Coins, ButtCoins, PopCorn Coins, etc, etc....

Really People!!!!!!

Don't waste you time mining crap coins!

Stick with BTC, LTC, etc....

Scam coins & crap coins just out to devalue the "real" coins!

That's the truth!

Who expected MOON not to be totally pump and dump coin?
Haha, its so easy to create coin, then make a buzz, mine little bit and since price rises, dumping all instamine..
Moon was just such a casino, unfortunatelly lot of people did not get in and now they are angry :)
I minted just few blocks on diff 1, then 16 and soon 77.. it was not worht of mining anymore.
Purely shit coin..
Better stick with EAC, this coin is still so underwalued.. nice dev, big comunity and support.. nothing scammy about it, little premine, but honestly anounced and because of this EAC is getting top support from devs.. like that coin very much..

Premined or niot, its another shitcoin.

Sheeple thought process:

* if fail to mine early, call coin a scam
* if succeed to mine early, call coin a success

The buttHz is strong on this one :D Personally, I like this coin, even though I mined very little.

bit34.com/mooncoin with 300-500 miners and mooncoinpool.com with 200-300 miners but have problem after 10 minuters run
2 pool first start, no multipool.us
i finder block 1 in bit34.com with 600Kh/s  ;D
everyone think mutilpool run first? It's choice wrong.

Goodness people are mad at this coin.... a pool launched with the coin because it was thought it would help the coin. They HAD to have the source first for this to happen, so all these accusations are from people who are salty as fuck they didn't get in on the jump. Fucking-A. Pool got overwhelmed, went down, before source is out. People lose their shit. You guys are nuts.

Right?? I was on mooncoinpool.com and did quite well.... people are salty because they chose the wrong pool. News flash - there's many coins to come guys. Don't feel too bad.

it's this kind of shit that makes me wonder whether humanity is ready for unregulated currency. people piss and moan about EVERY SINGLE coin that gets released.

Some of you should go check out the shit show that was the litecoin release. Now it's like #2 for market cap. SO who knows what will be the big coin in the end.

Yes, but mooncoinpool.com run do not stable. You should set --failover-only for other pool with cgminer

it's enough not to buy for the persons who consider mooncoin is scam.
I don't understand why they are suffering by writing here so much.

go away man.
maybe we want to lose money.

losing money is better than reading your bullshits.

OP in #mooncoin calling me names xD

https://i.imgur.com/VFxRBcP.png