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Author Topic: [ANN][$MUSIC] Musicoin Blockchain Upgrades to V3.0(“Quantitative Tightening 🎸  (Read 287533 times)
ConvertThisFile
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October 09, 2017, 04:37:31 AM
 #2221

I´m just about the give up on this coin, Price will never go up...  Cry

If you are looking for some overnight get rich quick deal is recommend you get out of this now. Ubi is a step in progress but not the end. Lots to do still
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miningpoolhub
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October 09, 2017, 06:02:27 AM
 #2222

Hi
This is miningpoolhub.

Questions about UBI.


1. Does mining reward change at 1,200,000? or 1,200,001?
314 MUSIC reward upto 1200000 and 250 reward starts from 1200001?


2. How's the uncle block reward? and other incentives?

Currently miners get 7/8 of 314 music reward for 1 level stale block. (274.75)
6/8 of 314 music reward for 2 level stale block. (235.5)
...
2/8 of 314 music reward for 6 level stale block. (78.5)
And uncle inclusion incentive is 1/32 for 1 inclusion (16.625 MUSIC) and 2/32 (9.8125 MUSIC)  for 2 inclusions.

Will it change like 7/8 of 314 or 250? How will it change?



3. Any mining related rpc changes?
Is it 100% compatible with previous rpc calls?


4. Does it resync from scratch when it reaches 1200001? I read that from log. Not sure why resync is needed. Does it change internal block structure?





Mining Pool Hub - https://miningpoolhub.com
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October 09, 2017, 02:50:45 PM
 #2223

Most alt coins are down heavily right now. Everyone is selling to buy bitcoin so they can get bitcoin gold from the new hard fork coming soon. Many people buy and sell fast with whatever news they read and panic. Those people make very little money. Bitcoin hard forks are making a mess of things
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October 09, 2017, 04:12:22 PM
 #2224

 Smiley - Why would I buy Musicoin?
 Wink - To tip musicians!
 Smiley - But I couldn't care about tipping them, I just listen to their music.
  Embarrassed
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October 09, 2017, 04:57:01 PM
 #2225

its dead

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October 09, 2017, 05:01:49 PM
 #2226

Why is the price still dropping if UBI is going to moon it?

this is because bitcoin is rising and with that all alts are dropping at first but after a while the truth  takes all in its hands. HODL and do not bother yourself.

This isn't because of bitcoin. This is just "Buy the rumour, sell the news". Typical in crypto.
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October 09, 2017, 05:10:31 PM
 #2227

Why is the price still dropping if UBI is going to moon it?

this is because bitcoin is rising and with that all alts are dropping at first but after a while the truth  takes all in its hands. HODL and do not bother yourself.

This isn't because of bitcoin. This is just "Buy the rumour, sell the news". Typical in crypto.

Look at all the major alt coins, all coming down while folks sell to buy BTC in hopes Bitcoin Gold hardfork makes them free cash.

Music was at this same point 8-14-2017 and then 9 days later shot up 4x!
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October 09, 2017, 05:33:30 PM
 #2228

Why is the price still dropping if UBI is going to moon it?

this is because bitcoin is rising and with that all alts are dropping at first but after a while the truth  takes all in its hands. HODL and do not bother yourself.

This isn't because of bitcoin. This is just "Buy the rumour, sell the news". Typical in crypto.

Look at all the major alt coins, all coming down while folks sell to buy BTC in hopes Bitcoin Gold hardfork makes them free cash.

Music was at this same point 8-14-2017 and then 9 days later shot up 4x!

Exactly, now is perfect chance to buy music, I think it will gain 400% easy next 48 hours!
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October 09, 2017, 05:39:59 PM
 #2229

I wanted for long time to buy some and finally put my hand on the Music. Buying at around 400 satoshi is best range after seeing so many times it going up and down. I let them at Bittrex at the moment even my plan isn't for short term. Let's see after recovering of crypto markets where this goes as well.
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October 09, 2017, 05:41:00 PM
 #2230

Why is the price still dropping if UBI is going to moon it?

this is because bitcoin is rising and with that all alts are dropping at first but after a while the truth  takes all in its hands. HODL and do not bother yourself.

This isn't because of bitcoin. This is just "Buy the rumour, sell the news". Typical in crypto.

Look at all the major alt coins, all coming down while folks sell to buy BTC in hopes Bitcoin Gold hardfork makes them free cash.

Music was at this same point 8-14-2017 and then 9 days later shot up 4x!

Exactly, now is perfect chance to buy music, I think it will gain 400% easy next 48 hours!

May be a bit longer as Bitcoin Gold is set to hit October 25th. Bitcoin Gold is resistant to ASIC machines so lots of regular folks are buying it like crazy, hence the dip in alt coins. I agree though, great time to hit the alt coin market. I've bought quite a bit of stuff today and yesterday at the best prices yet
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October 09, 2017, 05:49:08 PM
 #2231

And then this time next year when theres literally 1 billion musicoins how much will each be worth?

Quote
314 coins per block, with blocks being discovered every 15 seconds (on average)

>1256 coins per minute
>75360 coins per hour
>1,808,640 coins per day
>660,153, 600 coins per year

Oh but the difficulty bomb!
Yeah, when?
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October 09, 2017, 08:20:36 PM
 #2232

Why is the price still dropping if UBI is going to moon it?

this is because bitcoin is rising and with that all alts are dropping at first but after a while the truth  takes all in its hands. HODL and do not bother yourself.

This isn't because of bitcoin. This is just "Buy the rumour, sell the news". Typical in crypto.
Buy the rumor sell the news!!!!No way man, look at the price. Could you please tell me when this coin bought the rumor? The price is free falling since 27.08.2017 from 1200 satoshi to 375 satoshi. 550 level resisted a little during the fall and the fall restart. I hope 300-330 satoshi resistance can stop it. The potential is big but it is not going to be easy.
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October 09, 2017, 08:25:25 PM
 #2233

That small pump on August 27th was an exit pump after UBI being promoted.
But you're right, this is sell the rumour sell the news.
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October 10, 2017, 03:15:42 AM
 #2234

UBI? lol same scammers as UBQ?  Roll Eyes  ~WHERES THE NIGERIAN ROYAL COURT?  Cheesy

©2021*MY POSTS ARE STRICTLY FOR NOVELTY AND/OR PRESERVATION/COLLECTING PURPOSES ONLY!*It should not be regarded as investment/trading advice.*advocate to promote sharing and free software for the bitcoin community* #EFF #FSF #XTZ ===> START WITH NOTHING AND BUILD IT INTO SOMETHING!
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October 10, 2017, 03:42:03 AM
 #2235

UBI? lol same scammers as UBQ?  Roll Eyes  ~WHERES THE NIGERIAN ROYAL COURT?  Cheesy
hi
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October 10, 2017, 09:32:14 AM
 #2236

Maybe the price started to react on UBI activation?
Let's see what is going to happen, maybe we will see 1000 satoshi soon
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October 10, 2017, 10:41:35 AM
 #2237

Lets go UBI!!! I put my half savings into this project!!!  This is music revolution happening tonite!!!!!!!!
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October 10, 2017, 02:55:04 PM
 #2238

1200 blocks to go!
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October 10, 2017, 03:59:19 PM
 #2239

999 blocks left. Roughly 3 hours.
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October 10, 2017, 07:54:27 PM
 #2240

Happy UBI everyone! Block #1,200,000 is here!

Thank you to those who continue to support our project. Let us experience a new revolution in music from today onwards!

Our next step is to release White Paper v2.0 and a design revamp of our website this week, stay tuned.
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