[MOON] Mooncoin 🌙 Proof-of-Work, launched in 2013

[giantkin]

I was confident moon coin would not rise high or not go to moon (moon coin  ) because the number of total Supply moon coin Does not give the feeling of comfort for investors


 

Totally untrue.  i just got involved.  had no bearing, its not even very much of a total amount.

whats the reasoning behind saying that? makes no sense to me.   

Unless you have alot of coins, and are hoping the total is cut alot, making your coins instantly more valuable.  (thats the only reason for anyone to say this)

    the coin number is established.  leave it be.

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[Mooncoin_Foundation]

Mooncoin is decentralised. It's just not possible to change the supply significantly,
it's like to say let's reduce the number of letters in alphabet.
You can announce your own alphabet with reduced number of letters, but people will continue using the established one.

The big supply in fact is the strategic long term advantage of MOON, it shows it's built with tomorrow in mind, enough coins for people,
also that's needed technically for functioning of MoonWord and SmartLikes. You are able to send a lot of coins in one transaction and to encode some info in the quantity of transaction. E.g. you cannot send 123456.87654321 BTC,  but you easily can send 123456.87654321 MOON in one transaction to encode some info in this quantity using the MoonWord programming language http://mooncoin.com/moonword.html. Other coins with low supply are not able to implement this feature.

Re: 'Mooncoin is dead, no progress...'
The Mooncoin network hashrate now is 20-30 times higher than a year ago.

[Mooncoin_Foundation]

The only thing about supply which can be implemented in the new release is reducing of mining rewards.
The community discussed inflation and mining rewards after this message:
https://bitcointalk.org/index.php?topic=1733963.msg18478598#msg18478598
The consensus was to reduce block rewards.
Currently it's INT(19697202017/(INT(nHeight/100000)*100000)) 17906 MOON per block atm.
If blocks are fast (90 s) there will be 515 million MOON, produced by miners every month (till next halving).
The dev of Mooncoin (barrysty1e) was advised to reduce block rewards, according to the consensus of the community.
In my opinion the rewards can be reduced now to let MOON rise, currently due to the rise of BTC, MOON is below 1 Satoshi, which is not good psychologically.
Reducing of mining rewards could help decrease mining pressure and help MOON enter the BTC markets again.
However, as you understand, it's not me who decides that. You may want to try to convince the Mooncoin dev to implement this feature in the release.

[polemarhos888]

The only thing about supply which can be implemented in the new release is the reduce of mining rewards.
The community discussed inflation and mining rewards after this message:
https://bitcointalk.org/index.php?topic=1733963.msg18478598#msg18478598
The consensus was to reduce block rewards.
Currently it's INT(19697202017/(INT(nHeight/100000)*100000)) 17906 MOON per block atm.
If blocks are fast (90 s) there will be 515 million MOON, produced by miners every month (till next halving).
The dev of Mooncoin (barrysty1e) was advised to reduce block rewards, according to the consensus of the community.
In my opinion the rewards can be reduced now to let MOON rise, currently due to the rise of BTC, MOON is below 1 Satoshi, which is not good psychologically.
Reducing of mining rewards could help decrease mining pressure and help MOON enter the BTC markets again.
However, as you understand, it's not me who decides that. You may want to try to convince the Mooncoin dev to implement this feature in the release.

Good afternoon again. I agree about the reduction of mining reward. I have suggested the adoption of Masternodes too. These measures in combination with a good promotion will change the situation very fast...

[mebagger]

Not sure why there are people complaining about the number of coins. Unlike dogecoin which tons of coins and inflation to infinity and beyond, Mooncoin is a deflationary coin like bitcoin. Much like bitcoin there are many people out there that own mooncoin and don't understand what they have. Anyone selling mooncoin for less than 3 or 5 Doge to a Moon falls into this category. They are the same people that sold all their bitcoin for 50 cents a piece or just lost them. Below is a general estimate of Mooncoin's inflation rate.

3.00%   2018
2.36%   2019
1.94%   2020
1.65%   2021
1.42%   2022
1.25%   2023
1.12%   2024
1.01%   2025
0.92%   2026
0.84%   2027
0.78%   2028   
0.72%   2029

[passageasterisk]

Does Smb knows, whether this team has experience?

[Littlestan]

Wanted to jump in here and also voice my support for the (comparitively) high MOON supply. Besides all the advantages already clarified by Mooncoin_Foundation, polemarhos888, giantkin, mebagger and others, there's a few other points to consider:

- BTC in all likelihood will end up being worth tens of thousands if not hundreds of thousands of dollars in the near future. For those of us holding MOON, you'll notice with the recent jumps in the past few months that even smaller amounts of holdings are worth substantially more now. This will be compounded into much easier to work with numbers in the future if/when BTC is worth much more. For example, we're already working with many small decimal place transactions with BTC in day to day purchases and trades. With MOON, even though the numbers are quite large now, it will be quite a few decimal places smaller down the road. Easier to adopt for the masses.

- Whenever the supply of MOON comes up it's like people are forgetting that the 385 billion number is the TOTAL potential supply. What is *currently* out there is some 120 odd billion MOON and it's becoming harder and harder to obtain through mining. I think someone on here calculated that the max supply would take some 15,000 years to totally become available, besides the fact that 80ish billion are frozen on the blockchain forever.

The point is, if you look at the plans and projects that are in the works for MOON you'll realize that a bigger average supply of coin is ideal for mass adoption. It may not seem like it now while we don't currently have any real world use other than just being a crypto and our market value hanging around at 1 satoshi, but please understand that we're set up nicely for what MOON will become. :-)

[Littlestan]

You've gave us a lot of dates in the past, about when to expect new stuff. And you never delivered. We even build a support development team around you, but that went downhill fairly soon, as you disappeared for a long time. Just be straight up with us and say "well guys, it looks like I'm almost ready but I can't set any dates yet.". Now, everyone expects a release, just to see nothing happening - AGAIN. Causing a lot of investors to lose trust.

Honesty is key in making this succeed!

umm.. hi guys?

i need to support myself too,
for some time now i've managed the entirety of the codebase by myself,
i'd managed most of the support for all side-branches of moon including the utilities,
i supported moon comfortably before the big interest spike in crypto earlier this year (yes, we did exist beforehand),
i had asked people to look and ask around about a qt-developer due to the time-consuming nature of modifying/designing qt interfaces,
at the point where i said i needed to step away (again, to put food on the table), some members were kind enough to set up a fund to help out.

even then; other people were quick to point out that it was just a cash-grab for myself (i did appreciate it littlestan, organised and gave selflessly - top bloke, big, evangelo  and to everyone i havent mentioned from the discord).
other than that; i've had constant messages of all sorts of tone on the bitcointalk forums, i've had people message my phone all hours of the day, people calling me, people emailling me - i've even had a few determined users find me on facebook.
some time back it was suggested that i simply split a cut into the coinbase reward; however i feel this isn't the right thing to do, as good code will attract further funding by happenstance.

most people don't realise that i also support the moonrush pool; as well as the two main nodes out of my own pocket (this does get covered, however i have to pay it upfront).

however to end on a positive note (and the reason i logged on here today); was to announce i've uploaded the codebase to github.
i'll also have a compile done later on today.
additionally - a copy of the cpuminer, with source is available too.

i'd ask that the more tech-savvy users give it a go first; and report and potential gotchas.

https://github.com/mooncoindev/mooncoin-0.13
https://github.com/mooncoindev/cpuminer-balloon

as we approach block 1,165,000 (the point where the hardfork will occur); i will release the pool modules for nomp/unomp/stratum-mining.

james

Thanks so much for the kudos James! :-D I, and the long term supporters in the Discord, really appreciate it.

I second what Jasper is talking about when he and others in the Discord are/were raring to go these past months; very excited to hear all the positive, progressive news and get the fires lit once more on MOON. :-)

[Littlestan]

Does Smb knows, whether this team has experience?

The team consists of our developer, barrysty1e, and several long term supporters/holders/investors who have worked on various projects and initiatives for MOON.

As Mooncoin_Foundation has pointed out, this is a decentralized crypto and so there isn't so much a 'team' as there is groups of MOON enthusiasts. I'll be sure to post up an updated list soon of the various people who have come forward pubicly to offer their support, talents and time to move Mooncoin along. :-)

[cryptodoll]

Hello! I see there are pools available, so MOON can be staked? If so, can anyone suggest a pool to join? TY in advance!

[HarryAnsour]

C-cex is delisting Moon, Novaexchange going out of service, Coinexchange just stopped any Deposit for Moon Wallet, not so sure about Bluetrade.
Now I know for sure, my 2 BTC I invested long term on Moon, is about to trash

[shokhibul]

Hello! I see there are pools available, so MOON can be staked? If so, can anyone suggest a pool to join? TY in advance!

If you find out, let me know. I'm also looking for a pool

[giantkin]

Staked?  not sure i get how u mean that.


for mining pool, i am using hashtocoin  i mine on moon and Dnote alot.

g

[Littlestan]

Hello! I see there are pools available, so MOON can be staked? If so, can anyone suggest a pool to join? TY in advance!

If you find out, let me know. I'm also looking for a pool

On the first page of this ANN there is a list of available pools. I know Aikapool is popular with those of us on the Discord. There is no staking system; you can only obtain MOON from mining or trading it.

[Littlestan]

C-cex is delisting Moon, Novaexchange going out of service, Coinexchange just stopped any Deposit for Moon Wallet, not so sure about Bluetrade.
Now I know for sure, my 2 BTC I invested long term on Moon, is about to trash

You know *for sure* that your 2BTC invested is about to trash with a massive update and ability to use extensions to build on top of the blockchain about to happen?

To my fellow Mooninites, holders, investors and also the general public reading this: stop looking at the exchanges as a measure of progress and success for Mooncoin. It may not be financially lucrative at the moment *or possibly ever again*, but that does not mean it won't ever be useful in the future. If you invest into ANY crypto with the sole intention to profit, you're doing it wrong. (Unless you make a living off daytrading, where profits and losses are part of the expectations and correlate with your own risk analysis)

[HarryAnsour]

C-cex is delisting Moon, Novaexchange going out of service, Coinexchange just stopped any Deposit for Moon Wallet, not so sure about Bluetrade.
Now I know for sure, my 2 BTC I invested long term on Moon, is about to trash

You know *for sure* that your 2BTC invested is about to trash with a massive update and ability to use extensions to build on top of the blockchain about to happen?

To my fellow Mooninites, holders, investors and also the general public reading this: stop looking at the exchanges as a measure of progress and success for Mooncoin. It may not be financially lucrative at the moment *or possibly ever again*, but that does not mean it won't ever be useful in the future. If you invest into ANY crypto with the sole intention to profit, you're doing it wrong. (Unless you make a living off daytrading, where profits and losses are part of the expectations and correlate with your own risk analysis)

WTF are you saying  ? "ever again"  so you're telling me to invest in your trash coin and hold ? Because of people like you,  cryptocurrency will never survive,  because of people like you sooner or later cryptocurrency will be regulated by governments.

[giantkin]

thats funny, i was thinking it was because of ppl like you, that say they have invested in a coin, and then trash it.

Making sure the coin sits.     

At least the Inherent Value stays the same for me.

[polemarhos888]

Good afternoon. Mooncoin is undervalued now. Someone can buy it with Dogecoin or Litecoin in prices under to 1 satoshi...I start to buy again. My goal is an increase in my position by 50% - 100%...

[thecheapone]

Any compiled Windows versions of the new wallet or miner yet?

[BulgarianDragon]

I am interested in the concept offered by this REAL project, I will invite my friend to invest a bit here and support the real project. Good luck!