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Author Topic: [ANN][MUSICOIN]Volareo now processing pre-orders for Musicoin smart speaker🎸  (Read 257053 times)
bubblepop
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October 03, 2017, 06:32:59 PM
 #2221

Do not understand Musicoin have so many artists and music related companies to join
But there are so many people on the exchange of dumping it Huh


Because the supply is going up so fast. Theres 100'000's new coins every hours.
I'm actually surprised the price is holding up.

https://orbiter.musicoin.org
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October 03, 2017, 06:35:51 PM
 #2222

https://s1.postimg.org/3bs6co41y7/UBI.png


Who will buy all the $MUSIC? Tippers?

This would be funnier if it wasn't true.  This model as it stands is broken.  There is no incentive for anyone to ever buy any $MUSIC.  This is unfortunate because I think that the digital pay-per-play model enforced by smart contracts is a wonderful fit for crypto but the economics of this thing aren't balanced right.  

When you pull the UBI money straight from mining you break the incentive loop for the listener to fund an account.

A better play would be to partner with existing music providers to build the pay-per-play or personal right-to-use model into existing music platforms.  (Easy to type on a forum, hard to execute IRL....).  In this model people would buy the currency to use to pay for the rights to play the music on the platforms, but now the platforms all need a piece of the pie as well.

Ah well, enough of my ignorant rambling...can anyone explain how this model does anything but loose steam after deployment?

Seuss
ConvertThisFile
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October 04, 2017, 03:51:04 AM
 #2223




Who will buy all the $MUSIC? Tippers?

This would be funnier if it wasn't true.  This model as it stands is broken.  There is no incentive for anyone to ever buy any $MUSIC.  This is unfortunate because I think that the digital pay-per-play model enforced by smart contracts is a wonderful fit for crypto but the economics of this thing aren't balanced right.  

When you pull the UBI money straight from mining you break the incentive loop for the listener to fund an account.

A better play would be to partner with existing music providers to build the pay-per-play or personal right-to-use model into existing music platforms.  (Easy to type on a forum, hard to execute IRL....).  In this model people would buy the currency to use to pay for the rights to play the music on the platforms, but now the platforms all need a piece of the pie as well.

Ah well, enough of my ignorant rambling...can anyone explain how this model does anything but loose steam after deployment?

Seuss

Mining won't be feasible for ever, and in fact, not for much longer. It's going to be hit by the ETH ice age difficulty coming up end of year. People seem to forget mining for this coin will be done shortly so new supply will not be a thing.
bubblepop
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October 04, 2017, 04:33:50 AM
 #2224

Difficulty bomb is in 2 years?
I wonder if supply will hit 1 billion by then. At the moment theres about 4 million new coins a day.
ophyrim
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October 04, 2017, 08:49:49 AM
 #2225

My musicoins are in Bittrex. Do I have to do something before the hardfolk guys?
Thank you for your answer

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Khechum
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October 04, 2017, 11:01:48 AM
 #2226

314 $music :1 block with 14s ? Smiley) fuck music
Seuss27
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October 04, 2017, 01:04:28 PM
 #2227

https://s1.postimg.org/3bs6co41y7/UBI.png


Who will buy all the $MUSIC? Tippers?

This would be funnier if it wasn't true.  This model as it stands is broken.  There is no incentive for anyone to ever buy any $MUSIC.  This is unfortunate because I think that the digital pay-per-play model enforced by smart contracts is a wonderful fit for crypto but the economics of this thing aren't balanced right.  

When you pull the UBI money straight from mining you break the incentive loop for the listener to fund an account.

A better play would be to partner with existing music providers to build the pay-per-play or personal right-to-use model into existing music platforms.  (Easy to type on a forum, hard to execute IRL....).  In this model people would buy the currency to use to pay for the rights to play the music on the platforms, but now the platforms all need a piece of the pie as well.

Ah well, enough of my ignorant rambling...can anyone explain how this model does anything but loose steam after deployment?

Seuss

Mining won't be feasible for ever, and in fact, not for much longer. It's going to be hit by the ETH ice age difficulty coming up end of year. People seem to forget mining for this coin will be done shortly so new supply will not be a thing.

The ice age doesn't help with the way this model is laid out.  When people stop mining the UBI pool stops getting funded which means that the free money for the artists stops rolling in.  Scarcity may drive the price up but in essence we are right back where we were before UBI except now there is less mining and there is *STILL* no incentive to buy the coin.

Don't get me wrong, I am accumulating this coin and I hope to see widespread adoption and success, I just don't quite grok the economics of it yet...

-Seuss
orchardcoins
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October 04, 2017, 01:12:26 PM
 #2228

are there metrics we can see to track how often people are tipping or how much musicians are making?

OrchardCoins MUSICOIN Mining Pool: CLICK HERE
Chatroom Support: Discord
Mining Rig Monitor: Download Here
mbdmbn
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October 04, 2017, 02:19:35 PM
 #2229




Who will buy all the $MUSIC? Tippers?

This would be funnier if it wasn't true.  This model as it stands is broken.  There is no incentive for anyone to ever buy any $MUSIC.  This is unfortunate because I think that the digital pay-per-play model enforced by smart contracts is a wonderful fit for crypto but the economics of this thing aren't balanced right.  

When you pull the UBI money straight from mining you break the incentive loop for the listener to fund an account.

A better play would be to partner with existing music providers to build the pay-per-play or personal right-to-use model into existing music platforms.  (Easy to type on a forum, hard to execute IRL....).  In this model people would buy the currency to use to pay for the rights to play the music on the platforms, but now the platforms all need a piece of the pie as well.

Ah well, enough of my ignorant rambling...can anyone explain how this model does anything but loose steam after deployment?

Seuss

Mining won't be feasible for ever, and in fact, not for much longer. It's going to be hit by the ETH ice age difficulty coming up end of year. People seem to forget mining for this coin will be done shortly so new supply will not be a thing.

The ice age doesn't help with the way this model is laid out.  When people stop mining the UBI pool stops getting funded which means that the free money for the artists stops rolling in.  Scarcity may drive the price up but in essence we are right back where we were before UBI except now there is less mining and there is *STILL* no incentive to buy the coin.

Don't get me wrong, I am accumulating this coin and I hope to see widespread adoption and success, I just don't quite grok the economics of it yet...

-Seuss

It's all laid out here https://www.reddit.com/r/musicoin/comments/6ysbaw/latest_community_address_upcoming_ubi_model_and/ and here https://www.reddit.com/r/musicoin/comments/6y45sw/upcoming_releases_for_month_of_sept_oct_2017/

What I don't understand is why you're accumulating this coin if you don't understand the economics of the coin you're accumulating.

At the very least you're contradicting yourself, and at worst, you're fudding the coin you're invested in. Not very economical logic coming from you!
Seuss27
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October 04, 2017, 03:57:56 PM
 #2230

https://s1.postimg.org/3bs6co41y7/UBI.png


Who will buy all the $MUSIC? Tippers?

This would be funnier if it wasn't true.  This model as it stands is broken.  There is no incentive for anyone to ever buy any $MUSIC.  This is unfortunate because I think that the digital pay-per-play model enforced by smart contracts is a wonderful fit for crypto but the economics of this thing aren't balanced right.  

When you pull the UBI money straight from mining you break the incentive loop for the listener to fund an account.

A better play would be to partner with existing music providers to build the pay-per-play or personal right-to-use model into existing music platforms.  (Easy to type on a forum, hard to execute IRL....).  In this model people would buy the currency to use to pay for the rights to play the music on the platforms, but now the platforms all need a piece of the pie as well.

Ah well, enough of my ignorant rambling...can anyone explain how this model does anything but loose steam after deployment?

Seuss

Mining won't be feasible for ever, and in fact, not for much longer. It's going to be hit by the ETH ice age difficulty coming up end of year. People seem to forget mining for this coin will be done shortly so new supply will not be a thing.

The ice age doesn't help with the way this model is laid out.  When people stop mining the UBI pool stops getting funded which means that the free money for the artists stops rolling in.  Scarcity may drive the price up but in essence we are right back where we were before UBI except now there is less mining and there is *STILL* no incentive to buy the coin.

Don't get me wrong, I am accumulating this coin and I hope to see widespread adoption and success, I just don't quite grok the economics of it yet...

-Seuss

It's all laid out here https://www.reddit.com/r/musicoin/comments/6ysbaw/latest_community_address_upcoming_ubi_model_and/ and here https://www.reddit.com/r/musicoin/comments/6y45sw/upcoming_releases_for_month_of_sept_oct_2017/

What I don't understand is why you're accumulating this coin if you don't understand the economics of the coin you're accumulating.

At the very least you're contradicting yourself, and at worst, you're fudding the coin you're invested in. Not very economical logic coming from you!

The FUD was my own, looking for some relief, and your links are somewhat helpful in clarifying some of the points.

I am a miner with a small operation.  Musicoin is one of the coins that fits the target profile for my setup.  When I say I am accumulating, that is the vector I am taking.  The questions were posed to try and firm up my understanding of the project and help me make the determination as to stick with this coin or move on to something else.

If I were trading fiat for coin straight up I certainly would have done far more due diligence before investing, with mining I tend to have a larger risk appetite.   

Thanks again for the links. 
mbdmbn
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October 05, 2017, 01:04:51 AM
 #2231




Who will buy all the $MUSIC? Tippers?

This would be funnier if it wasn't true.  This model as it stands is broken.  There is no incentive for anyone to ever buy any $MUSIC.  This is unfortunate because I think that the digital pay-per-play model enforced by smart contracts is a wonderful fit for crypto but the economics of this thing aren't balanced right.  

When you pull the UBI money straight from mining you break the incentive loop for the listener to fund an account.

A better play would be to partner with existing music providers to build the pay-per-play or personal right-to-use model into existing music platforms.  (Easy to type on a forum, hard to execute IRL....).  In this model people would buy the currency to use to pay for the rights to play the music on the platforms, but now the platforms all need a piece of the pie as well.

Ah well, enough of my ignorant rambling...can anyone explain how this model does anything but loose steam after deployment?

Seuss

Mining won't be feasible for ever, and in fact, not for much longer. It's going to be hit by the ETH ice age difficulty coming up end of year. People seem to forget mining for this coin will be done shortly so new supply will not be a thing.

The ice age doesn't help with the way this model is laid out.  When people stop mining the UBI pool stops getting funded which means that the free money for the artists stops rolling in.  Scarcity may drive the price up but in essence we are right back where we were before UBI except now there is less mining and there is *STILL* no incentive to buy the coin.

Don't get me wrong, I am accumulating this coin and I hope to see widespread adoption and success, I just don't quite grok the economics of it yet...

-Seuss

It's all laid out here https://www.reddit.com/r/musicoin/comments/6ysbaw/latest_community_address_upcoming_ubi_model_and/ and here https://www.reddit.com/r/musicoin/comments/6y45sw/upcoming_releases_for_month_of_sept_oct_2017/

What I don't understand is why you're accumulating this coin if you don't understand the economics of the coin you're accumulating.

At the very least you're contradicting yourself, and at worst, you're fudding the coin you're invested in. Not very economical logic coming from you!

The FUD was my own, looking for some relief, and your links are somewhat helpful in clarifying some of the points.

I am a miner with a small operation.  Musicoin is one of the coins that fits the target profile for my setup.  When I say I am accumulating, that is the vector I am taking.  The questions were posed to try and firm up my understanding of the project and help me make the determination as to stick with this coin or move on to something else.

If I were trading fiat for coin straight up I certainly would have done far more due diligence before investing, with mining I tend to have a larger risk appetite.  

Thanks again for the links.  


No problem! Glad I could help and best of luck with your mining.

Keep mining this coin, it has a great future!

Great projects take time and careful planning, and they also listen to their userbase, which is exactly what you see with this project.

Try not to get emotionally involved and dump everything you have, it's very early days yet and people fudding this coin are only looking to take up your position.

I expect by 2020 this coin will be worth a considerably lot more than it's currently trading at now, so right now is a great time to be mining and buying as much as you can.
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October 05, 2017, 11:14:13 AM
 #2232

music need new wallet in smartphone !!! and i love to see that !!!
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October 05, 2017, 10:24:23 PM
 #2233

What is proof-of-sharing? I get stake if I share my coins with musicians? Tongue Hmm, maybe I need to mine some more..
Quote
Furthermore, even more exciting things to come after the difficulty bomb is our new concept of Proof-of-Sharing which will happen during this time of next year, that will require a separate thread of its own. Until then, the musicoin team has a lot at hand and will try our best to get our communication across all social media channels. We always welcome anyone who would love to reach out to us and represent our team by being a project advisory member, or an ambassador.
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Globalpool.cc--Best mining pool


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October 06, 2017, 11:41:50 AM
 #2234

推荐下中国本土 music矿池:http://music.globalpool.cc/

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October 06, 2017, 12:46:15 PM
 #2235

So in 2 day there is huge update and hard fork??
Is it safe to keep my music coins on bittrex during that update? Huh
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October 06, 2017, 06:15:25 PM
 #2236

So in 2 day there is huge update and hard fork??
Is it safe to keep my music coins on bittrex during that update? Huh
Yes, its safe

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October 06, 2017, 06:25:29 PM
 #2237

Musicoin is the best blockchain based project working with music industry. They aren't trying to create fake hype and pump price but doing things that will pay you in long term. Supply is nothing if this thing gets big.  
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October 06, 2017, 06:53:49 PM
 #2238

So in 2 day there is huge update and hard fork??
Is it safe to keep my music coins on bittrex during that update? Huh
My musicoins are in Bittrex. Do I have to do something before the hardfolk guys?
Thank you for your answer

Your coins will be safe on bittrex, no effect whatsoever.

are there metrics we can see to track how often people are tipping or how much musicians are making?

Yep. We'll be releasing info based on that.

music need new wallet in smartphone !!! and i love to see that !!!

Be patient, young grasshopper Wink

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October 06, 2017, 06:58:37 PM
 #2239

Do not understand Musicoin have so many artists and music related companies to join
But there are so many people on the exchange of dumping it Huh


Because the supply is going up so fast. Theres 100'000's new coins every hours.
I'm actually surprised the price is holding up.

https://orbiter.musicoin.org

It's holding up because more and more people become involved. So, demand is rising and covering inflation

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October 07, 2017, 01:01:39 PM
 #2240

Welcome for pool http://mole-pool.net
fee 0.5 %  [etc] [eth] [exp] [ele] [ubiq] [mus] [dbix] [daxx] [pegas] [DASH] [whal] [pirl] [shaft] 0.5 FEE
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