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1  Alternate cryptocurrencies / Altcoin Discussion / Re: Thoughts on Max Keiser's coin (Maxcoin) on: February 14, 2014, 06:01:26 PM
If you want to mine this coin go ahead, if you want to buy it do it only for short term profit. This coin is so young and block rewards will not halve for another year, thus percentage wise inflation is very high for the coming weeks/months. Even if the market cap would triple in a months time the individual coin value will still  be less in a month than it is now. I'm not investing for another month, lets see what happens with the price for now.
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] microCoin MRC - alcurEX - Scrypt-Jane - nFactor - Now on MintPal on: February 13, 2014, 06:09:38 PM
So when is micro going on coinedup?
3  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: [OFFICIAL POLL] QRK LOGO COMPETITION on: February 02, 2014, 08:31:26 PM
I like these two the most for now:

boxxl


Mesta/Darklyte


but i just want to add, what a horrible way of looking at all the logos! cant you setup a simple website for the logos or a forum post with all the logos in the OP...
4  Alternate cryptocurrencies / Altcoin Discussion / Re: ★VOLT★ Millionaire is not a dream!!Super GAVEAWAY! ★VOLT★ on: January 26, 2014, 06:20:53 PM
QdMwom4hQRmMhj2PZc765nLVrLXPBaFGNw

 Wink
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] microCoin MRC - Scrypt-Jane - nFactor - Now on crycurex.com! on: January 22, 2014, 09:37:13 AM
Let's be frank: this is a "fair start" relative to something like Quark, but IMO it's hardly a "fair start" as a coin meant to stand the test of time. Bitcoin and Litecoin were designed to stand the test of time. They give out steady block rewards for years, not months! Even with the 10K blocks at the start being worth next to nothing, the coming weeks will have a deluge of MRC hit the market. Maybe I'm getting the math wrong, but here's what it looks like to me:

From blocks 10,001 through 360,000 we will mine 25,500,150,000 MRC:

(10001+160000) * 150000 = 25,500,150,000

After that, we will continue to mine out 10K to 1K blocks, dropping by 0.01 per block as we generate another 4,950,000,000 MRC:

(10000 + 1000) * ((9000 / 0.01) / 2) = 4,950,000,000

Given that the average block time is targeting 32 seconds, that means we will finish with the biggest block rewards (through block 310,000) in about 115 days from the time Microcoin first launched -- and we are already on block 43323. From there, it will be another 900,000 blocks (1,210,000 total) before we hit the steady 1K block rewards. This will take approximately 333 days. That means in the first 448 days of existence, we will generate the first 30.45% of all MRC, but more importantly the first 115 days will generate 25% of all MRC. By contrast, in the same 115 days Bitcoin and Litecoin generated just 3.9% of the total supply of coins for their respective currencies. DOGE by comparison will generate around 50,000,000,000 coins in the first 69 days, then half that amount in the next 69 days, and so on. So yes, MRC is better than DOGE in the sense of being "fair", but DOGE tends to be an anomaly -- none of the other attempted meme coins have come anywhere close to matching its performance.

Incidentally, I mined about half a million MRC in one day using a single 7950. The same GPU can mine about 0.0044 BTC worth of LTC per day. Thus, a fair valuation of MRC right now at best would be 0.000000009 BTC per MRC. Except, we're still on the leading edge of the massive mining spree for MRC, so I'd say the price might be less than 1% of that in a month or two. But if hundreds of thousands of people suddenly believe MRC is worth mining, things could shift dramatically -- again, witness DOGE, which was created as a joke. If you want to try mining something "fair" that isn't standard scrypt, I'd be more inclined to go with Vertcoin (VTC). Not only is the current valuation far better than MRC, but it has the same rate of coin generation as LTC. But I do have to admit that I like the name Microcoin more than Vertcoin. :-p


TL;DR: this coin is "fair" compared to some coins, but IMO it will be mined out a lot faster than coins built to last. Plan to hold MRC accordingly. I'm done mining it for now and will sit on my 500K to see if they're worth something in a year or two. Wish me luck!

PS: Feel free to correct my math if I screwed up anywhere. LOL.

I think the Devs should change the parameters of this coin and drop the coins block reward to random between 50-100 after block 160k instead of decending to 1000. I think 1000/block is still to much inflation for longterm
I disagree, 1000 coins/block would mean roughly 1B coins a year which is not that much considering you mine 30B the year before it. Now you are probably going to say, hey but thats 3.3%! yeah well if you make it any lower who is going to mine it? You will just end up with a shitty network, its best to keep that inflation for at least a year and maybe then the coin has matured enough to decrease the inflation.
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] microCoin MRC - Scrypt-Jane - nFactor - Now on crycurex.com! on: January 21, 2014, 07:41:15 PM
you're dreaming 100 billions coins no one will buy expensive at this stage, doge was at 1 satoshi on coined up

This exchange looks horrible btw. laggy and all.

i think it looks better than coinedup, and the trading engine is good as well. Just deposits are shitty for now because the server is overloaded.
7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] microCoin MRC - Scrypt-Jane - nFactor - Now on crycurex.com! on: January 21, 2014, 07:10:19 PM
i already did some trades with coinye, everything working fine just a little slow because its new
8  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] microCoin MRC - Scrypt-Jane - nFactor - BOUNTIES - No Premine on: January 21, 2014, 06:16:26 PM
lol and its already down

its up and down continuesly, just got online for 20 min now. have patience. Its best to come back in an hour or somethiing
9  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] microCoin MRC - Scrypt-Jane - nFactor - BOUNTIES - No Premine on: January 21, 2014, 05:48:34 PM
http://crycurex.com/

is online now

trade your mrc here!

first exchange?
10  Alternate cryptocurrencies / Altcoin Discussion / Re: [GIVEAWAY] [COYE] Coinye Coin Giveaway! Exchange coming shortly! on: January 20, 2014, 07:49:38 PM
5pTHLJNvyjgLzcgBGgYQ5yUCynwgqjrWpp

Thnx, Coinye rules!
11  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] microCoin MRC - Scrypt-Jane - nFactor - BOUNTIES - No Premine on: January 20, 2014, 07:45:08 PM
Microcoin is possibly the best name in the business now that I think it over. Micro transactions, everyday transactions. I'll be buying coffe with one Micro or Micron.
More reasons to love this coin Cheesy
12  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] microCoin MRC - Scrypt-Jane - nFactor - BOUNTIES - No Premine on: January 20, 2014, 11:01:33 AM
That's the best one

Thanks! I also want some critique so I can make it better! All files are editable so I can edit it anytime!

IMO it will be better look if you move center ot RAYS a bit left, to be center of symbol.

I agree with this
13  Alternate cryptocurrencies / Altcoin Discussion / Re: [MARKET] COYE coin - Trade COYE - here on: January 19, 2014, 09:48:59 PM
WTS 8M coye @3.5 sat = 0.035 btc/million
14  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] microCoin MRC - Scrypt-Jane - nFactor - BOUNTIES - No Premine on: January 19, 2014, 09:28:53 PM
Quote from: Grotesmurf666
link=topic=397679.msg4605724#msg4605724 date=1390161800
Try also http://microcoinfaucet.comxa.com/  !!

 Smiley Smiley

And spread it t the world! Wink

Check the page for special bounties!

hmm, i need to enter my email for the faucet? Not a good way to attract people, make it as easy as possible

As for me captcha is more difficult than entering email Smiley
I manly mean that i dont want to put my email in there Wink

Dear mate , the e-mail field requested on the sumbit form is not obligatory or required for coin ask submission! the captcha yes it required to avoid bots, as you know..if u would had spent just 1 minute reading the rest of the page you should have noticed that we simply request e-mails to keep in touch with MRC enthusiast and inform them via a sort of "mailing list" about big giveouts or special bounties..we're not scamming or whatever, if is this what you thought.. Wink

And also, we sent you 500 MRC as bounty for your graphs, as i already posted in the past post (sounds funny isn't it? Tongue )

However keep it Micro!

 Smiley

Ah, srry. I did enter my email because i trusted it, but i thought it was mandantory. Didnt read IT indeed
15  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] microCoin MRC - Scrypt-Jane - nFactor - BOUNTIES - No Premine on: January 19, 2014, 08:48:08 PM
I think the developers should clarify what the settings are for the Nfactor and what triggers a change etc, so we can understand and predict feasibility of mining with gpu/cpu.
Would you rather have this coin be an all gpu coin? I know one of the requirements to be on any exchange is to have strong network support. I think the devs should just get rid of the N-factor and let the GPU miners support the network at max capacity.
Well i think a coin with CPU mining cababilities is future proof, but as of yet it needs to be mainly GPU because cpu is too inaccesible and has many downsides compared to GPU. Therefore it is important for the miners to know what the nfactor does and how its regulated. I say keep the N-factor but keep it mainly focused on gpu for now
16  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] microCoin MRC - Scrypt-Jane - nFactor - BOUNTIES - No Premine on: January 19, 2014, 08:43:18 PM
Try also http://microcoinfaucet.comxa.com/  !!

 Smiley Smiley

And spread it t the world! Wink

Check the page for special bounties!

hmm, i need to enter my email for the faucet? Not a good way to attract people, make it as easy as possible

As for me captcha is more difficult than entering email Smiley
I manly mean that i dont want to put my email in there Wink
17  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] microCoin MRC - Scrypt-Jane - nFactor - BOUNTIES - No Premine on: January 19, 2014, 08:03:20 PM
Try also http://microcoinfaucet.comxa.com/  !!

 Smiley Smiley

And spread it t the world! Wink

Check the page for special bounties!

hmm, i need to enter my email for the faucet? Not a good way to attract people, make it as easy as possible
18  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] microCoin MRC - Scrypt-Jane - nFactor - BOUNTIES - No Premine on: January 19, 2014, 07:22:40 PM
First off we got to keep this thread alive, people take notice when it hits 100 pages. With a better explanation of how Micro works more people will come aboard. I mean no offence towards anyone, but it seems like a lot of the newbies support a coin where they understand what the OP actually is saying. Number of issued unit, block reward etc.  They are not to bright or capable of reading something where you have to ponder at the same time. Many issued units+giveaway and you got yourself a fanbase.

I agree with this, the info could be clarer add some pictures!
And yes this post was mostly just to spam micro to the front page Cheesy
19  Alternate cryptocurrencies / Altcoin Discussion / Re: [MARKET] COYE coin - Trade COYE - here on: January 19, 2014, 07:15:01 PM
Get your coinye here Tongue pm me with offers, up to 8M for sale.

Keep this thread alive
20  Alternate cryptocurrencies / Altcoin Discussion / Re: [MARKET] COYE coin - Trade COYE - here on: January 19, 2014, 01:54:05 PM
Selling up to 5M coinye @ 6 satoshi.

FYI: monday afternoon the new coinye exchange will open.

ThisWeeksCoin will make the announcement on twitter.

This offer is only valid today
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