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

[hugabase]

$MUSICoin is real application blockchain with Ethereum base. this is very good project for future of streaming music industry.
I like music and i selling streaming music, so i have great hope with musicoin.

[omedian]

Ok, now we know the supply is going higher (like 4 times higher) but the coin is not launched/used yet and has yet to take its proper value. It's still largely undervalued right now. Even if there will be a big supply and a lot of pressure, there will be people buying, holding and being fine with that because when Musicoin will have its real use, the value will grow according to it.

Even for a value of 0.01 cents per musicoin/play, it would allow you to play 999 songs for the fee of one month of Spotify, I don't think I listen to so many songs myself every month (that's already 50 hours of music for 3 minutes songs). And it will be on demand, not a fixed fee.

That's a great project, maybe the large supply coming won't help at first but in the end, we'll have a winner(and for me the most serious contender in all the music related coins attempts).

[jenifive]

To all people saying that the will be huge inflation with this infinite block size.
Well lets wait for 10 years and see how it will work in future.
But right now, if it so important for you to calculate the coin price based on total max supply well
right now its 78 000 000 MUSIC ever existing. And there is 90 000 000 ETH ever existing right now.

Price for MUSIC is 0.00000825 BTC. Price for ETH is 0.049 BTC.
So using your logic the price for MUSIC right now should be at least 0.055 BTC.

And i dont know what are you waiting for and not running buying cheap MUSIC before it will be too late.

The point of my message is Total Coin Supply worth shit in terms on avaluating real coin price. It is what it is.

[murt9000]

To all people saying that the will be huge inflation with this infinite block size.
Well lets wait for 10 years and see how it will work in future.
But right now, if it so important for you to calculate the coin price based on total max supply well
right now its 78 000 000 MUSIC ever existing. And there is 90 000 000 ETH ever existing right now.

Price for MUSIC is 0.00000825 BTC. Price for ETH is 0.049 BTC.
So using your logic the price for MUSIC right now should be at least 0.055 BTC.

And i dont know what are you waiting for and not running buying cheap MUSIC before it will be too late.

The point of my message is Total Coin Supply worth shit in terms on avaluating real coin price. It is what it is.

You're comparing an established platform with backing from leading multinational corporations and a market cap of approx 4.7B to a fledgling crypto that may or may not gain traction and establish a user base, and you're saying that MUSICOIN is cheap on the basis of that comparison. Why didn't you compare it to bitcoin or Google shares instead? It's all like for like comparisons right?

I'm not saying that MUSICOIN can't be successful in 10 years time, anything's possible in crypto. What I'm saying is that it's important that investors understand that the supply of this coin will grow massively and rapidly, no one disputes that so far. An increase in supply has a inflationary effect, i.e. it devalues the currency. Many cryptos have a deflationary halving built into the protocol and this has the effect of rewarding early investors by limiting the future supply of the coin. Unlike Musicoin, Ethereum will never exceed around 110M Ether. Musicoin does not have any mechanism to protect early investors from the inflationary effect of the protocol, on the contrary early investors will be disadvantaged because the coin will be devalued over time as new coins are perpetually created at a rate of around 1.8M per day.

[kenscho]

To all people saying that the will be huge inflation with this infinite block size.
Well lets wait for 10 years and see how it will work in future.
But right now, if it so important for you to calculate the coin price based on total max supply well
right now its 78 000 000 MUSIC ever existing. And there is 90 000 000 ETH ever existing right now.

Price for MUSIC is 0.00000825 BTC. Price for ETH is 0.049 BTC.
So using your logic the price for MUSIC right now should be at least 0.055 BTC.

And i dont know what are you waiting for and not running buying cheap MUSIC before it will be too late.

The point of my message is Total Coin Supply worth shit in terms on avaluating real coin price. It is what it is.

i know your point BUT eth has a block reward = 5 eth per block and this coin has a block reward = 314 mc's
i dont know why so much block rewards - but we will see in the next months

[Mister305]

Why won't the Windows wallet Sync?

[dvijaydev46]

Why won't the Windows wallet Sync?

Me too. Any hosts that i can add and how?

[algreen]

Nice musicoin bittrex pump, all miners are very happy now!

[Mister305]

Why won't the Windows wallet Sync?

Me too. Any hosts that i can add and how?

figured it out yet?

[jenifive]

To all people saying that the will be huge inflation with this infinite block size.
Well lets wait for 10 years and see how it will work in future.
But right now, if it so important for you to calculate the coin price based on total max supply well
right now its 78 000 000 MUSIC ever existing. And there is 90 000 000 ETH ever existing right now.

Price for MUSIC is 0.00000825 BTC. Price for ETH is 0.049 BTC.
So using your logic the price for MUSIC right now should be at least 0.055 BTC.

And i dont know what are you waiting for and not running buying cheap MUSIC before it will be too late.

The point of my message is Total Coin Supply worth shit in terms on avaluating real coin price. It is what it is.

i know your point BUT eth has a block reward = 5 eth per block and this coin has a block reward = 314 mc's
i dont know why so much block rewards - but we will see in the next months

Based on the CURRENT total MUSIC supply the price should be 50 USD if we will be using such logic.
Of course after 5 years there will be a lot more coins, but right now its 78 000 000, thus the price is 50 USD?

[dvijaydev46]

Why won't the Windows wallet Sync?

Me too. Any hosts that i can add and how?

figured it out yet?

nope

Edit: finally it synced. you need leave the client open until it finds peers.

[operabit]

Nice musicoin bittrex pump, all miners are very happy now!

Of course, including you.

[dnp]

Everyone retweet and show some community strength!

https://twitter.com/ICOcountdown/status/846651895221567493

 

Very Good!
People write in your twitters "Please @Poloniex add $MUSIC @musicoins https://github.com/Musicoin   you will love it " use # .....
we can see $music on poloniex very soon

it seems risky to be pushing this hard before there's actually a function windows GUI wallet that will actually connect to peers and keep files in the correct place.
only only have one chance to make a splash, if the initial experience people have is bad software, they will go away and not look back.

Here is what you want: https://github.com/Musicoin/desktop/releases

https://github.com/Musicoin/desktop/releases/tag/v0.4.1-beta
...

so i download the win64 version, unzip it into a fresh folder of its own.
click on it and get error "Unable to find locale data files. Please reinstall."

as for suggestion people go to Slack, you pretty much affirmed my claim
this isnt ready for prime time real public kind of people.
you cannot expect real users to tap dance through chat rooms to get what the need to run a most basic setup.

as i tried to say in my OP, pushing hard to get onto multiple exchanges is risky, it will attract
attention, people will come and look, people will see amateur hour, they will leave and never look back.
you only have one chance to make the inital splash. its risky to do it too soon.

[gore1]

Hello guys 

can anyone tell me where i can buy and sell musicoins easily? (beginner)

Thanks.

[peschi]

Hello guys 

can anyone tell me where i can buy and sell musicoins easily? (beginner)

Thanks.

Musiccoin is traded at BittrexExchange (www.bittrex.com)

[Neon~]

Hi, Mining pool fee lowered to 0.2% and minimum payout to 10 Musicoins at 60 minutes interval. Come, join the pool - http://neonpool.ddns.net

Stratum port: 8008
Http port: 8888

Stratum for OpenCL:
ethminer --farm-recheck 200 -G -SP 1 -S neonpool.ddns.net:8008 -O <Your_Musicoin_Address>.<RandomRigName>

Stratum for CUDA:
ethminer --farm-recheck 200 -U -SP 1 -S neonpool.ddns.net:8008 -O <Your_Musicoin_Address>.<RandomRigName>

[chuckypalumbo]

The algo is faulty , 15/sec per block . 1 million  coins generated every day .
Looks like is going down .
I bought at 300 sat and sold at 1200 sat so happy but still the block space and block size are not stable , will result in huge dump-age

[SwingFirst]

Interesting project, although I personally would've named it "TUNE" if I was in charge.

"I send you 400 tunes" sounds better than "I send you 400 musics".

[SwingFirst]

The algo is faulty , 15/sec per block . 1 million  coins generated every day .
Looks like is going down .
I bought at 300 sat and sold at 1200 sat so happy but still the block space and block size are not stable , will result in huge dump-age

That's interesting...

314 MUSIC (block amount) x 4 (for one minute) x 60 (one hour) x 24 (one day) = 1,808,640 MUSIC every 24 hrs.

[chuckypalumbo]

can some one give some  mining detaills ano and ago ric