[ANN][$MUSIC] Musicoin Blockchain Upgrades to V3.0(“Quantitative Tightening 🎸

[therealdanp]

Also, did I already post to this thread my idea about starting a blockchain that only has a total supply of one coin?  If not, consider the gauntlet thrown.  Imagine how much that coin is going to be worth!! 

Who's with me?!

[1714056087]

1714056087

[1714056087]

1714056087

[Chance567]

Also, did I already post to this thread my idea about starting a blockchain that only has a total supply of one coin?  If not, consider the gauntlet thrown.  Imagine how much that coin is going to be worth!! 

Who's with me?!

Let me know when the ICO starts.
 

[Palakka]

Let me know when the ICO starts.
 

please read the title ANN
this is no ico, no premine, no bounty. please read before asking. 

[Chance567]

Let me know when the ICO starts.
 

please read the title ANN
this is no ico, no premine, no bounty. please read before asking. 

Please read the conversation above the last post before you assume I'm being serious. My response was a direct reply to a developer, who was making a joke at the expense of speculators who only look at total coin supply. Any investigation on your part would have shown I have been an active contributor to this thread. Thanks for the judgment though, very cool.

[jenifive]

Here's some real math for everyone, this should settle the infinite supply issue once and for all.

Counter-argument to coin supply hesitation:

Say we have 1.8M coins generated per day (approximation based on current block time and reward).  
At a constant rate, in 100 years we will have 65 billion (65,000,000,000) coins, which is 3,000 times the number of bitcoins.  
The current price of bitcoin is ~$1000.
So, if we have 3,000 times as many coins, and you only care about coin supply, then the price of Musicoin would be ~ $1000 / 3000 ~= $0.33.


In short, you're not going to be alive long enough to care about such inflation. On the off-chance that we discover the secret to immortality, I suggest selling off between 100-200 years from now because the price will half by that point and I would hate for you old farts to lose money.

I think some of the clarification regargind infinite mining supply should be on main forum page of thread so people wont ask the same think again and again

[jenifive]

Let me know when the ICO starts.
 

please read the title ANN
this is no ico, no premine, no bounty. please read before asking. 

You are not very attentive arent you?

[siagirl]

Hi I want to ask you do you have mining calculator? Thank you in advance.

[rorschach1]

Hey guys. Look at my calculations. The emission musicoin is 54 million per month and, accordingly, 648 million per year. It's very foolish to count before tens and hundreds years. There is reason to assume that in 1-2 years the musicoin will pass to the POS with annual about 5%, so that the emission will almost stop. As for the coins with billions of coins emission and huge capitalization and price, there are many examples for example a ripple (about 100 billion) or nem (9 billion) So we don't need disturbed about size emission musicoin

[Coinguys]

there are many other coins like this specific one.  after some research there seams to be pieces of this coin. "borrowed" from others..

[Chance567]

there are many other coins like this specific one.  after some research there seams to be pieces of this coin. "borrowed" from others..

Care to support your claim with your findings? Specific examples, if they are still active, links, etc.

[Rikki_Tikki_Tavi]

Hi Dev, How many Musicoins are in circulation?
Coinmarket cap doesn't show this info
            

[rorschach1]

Hi Dev, How many Musicoins are in circulation?
Coinmarket cap doesn't show this info
            

You take last block at this moment http://nodestats.nomnom.technology/ and multiply at 314 ( 314 coins per block) 197 829 * 314. As you see total number of coins now about 62 millions

[Rikki_Tikki_Tavi]

Hi Dev, How many Musicoins are in circulation?
Coinmarket cap doesn't show this info
            

You take last block at this moment http://nodestats.nomnom.technology/ and multiply at 314 ( 314 coins per block) 197 829 * 314. As you see total number of coins now about 62 millions

Hi rorschach1, Thanks!

     

[Coinguys]

there are many other coins like this specific one.  after some research there seams to be pieces of this coin. "borrowed" from others..

Care to support your claim with your findings? Specific examples, if they are still active, links, etc.

google is your friend.  I am NOT knocking this coin, but am saying that there seams to be pieces from other coins (some wording on the site being part of it.)

I do hope that the DEVs are not just plagiarizing other peoples work ( or maybe they were part of a previous Dev team)

just saying, research before investing is always key
  

[Chance567]

there are many other coins like this specific one.  after some research there seams to be pieces of this coin. "borrowed" from others..

Care to support your claim with your findings? Specific examples, if they are still active, links, etc.

google is your friend.  I am NOT knocking this coin, but am saying that there seams to be pieces from other coins (some wording on the site being part of it.)

I do hope that the DEVs are not just plagiarizing other peoples work ( or maybe they were part of a previous Dev team)

just saying, research before investing is always key
  

Well, before you make a statement indicating that there may be some plagiarized code, you really should prove you've done your due diligence and support that claim with some factual data. The burden of proof shouldn't fall on the development team to prove their coin isn't plagiarized if you're the one making the implication. That's all I'm saying.

[jenifive]

https://coinmarketcap.com/currencies/musicoin/

[therealdanp]

there are many other coins like this specific one.  after some research there seams to be pieces of this coin. "borrowed" from others..

Care to support your claim with your findings? Specific examples, if they are still active, links, etc.

google is your friend.  I am NOT knocking this coin, but am saying that there seams to be pieces from other coins (some wording on the site being part of it.)

I do hope that the DEVs are not just plagiarizing other peoples work ( or maybe they were part of a previous Dev team)

just saying, research before investing is always key
  

Coinguys -- you are welcome to join our slack channel and discuss.  we are totally open and we have a strong community.  I'd love to see other similar projects, because this space is going to be huge and we won't be the only players.  We need a growing community of people who share our vision.  Please do post related projects in this thread or in our slack -- I'm confident that we didn't copy this from some other project, so no worries on my end. 

[siagirl]

mining calculator pls 

[rorschach1]

Good news, everyone, devs think about POS. "Proof of Sharing", could be the real meaning of PoS. https://twitter.com/musicoins/status/843748642024378368

[adaseb]

mining calculator pls 

Current hashrate: 20.48 GH

So if you got 1 GH

1 GH / 20.48 * 18000000 = 87,890 MUSIC / day

So pretty much exactly like ETH mining.