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

[ophyrim]

Not mining MUSIC any more, ETH is enough more profitable that there is no point.

I'm waiting a bit more to see if the price will rise else I'll stop mining this coin as well

It will be good if more people dump mining $MUSIC. Miners are too greedy. Dumped price all over from 2000 satoshi. It's sad situation actually, if back in the days miners mined perspective currency to accumulate more, now more miners just take coin from profit per mining to dollar perspective, sell for fiat and help dump more. Its hard to trade with so greedy miners around, since most people bought  $MUSIC for over 1000 satoshi. Anyway I think $MUSIC team should partner with Changelly or any other big exchange to spray some big trade % from Bittrex. Main problem with $MUSIC is that miners has more $MUSIC now, and traders and investors couldn't influence on trading much. So this is the strange situation where miners are whales, and people who could invest a lot couldn't do much beside just buying in small portions. Since not all traders are trading with own funds, they couldn't just risk that much, when miners are too greedy. Its a nice opportunity to buy more, but it could be good if miners calm down for a bit.

I totally agree. I am following the price movement of Music nearly all day, and it is nearly impossible to see a big sell amount. Nearly the total amount of all dumped coin is small but very often. The price is falling because of miners not because of the whales.

[rorschach1]

Lol nom nom writes "Min. payout threshold: 50 Musicoins" but I already had 2 payments each of 20 coins. How could it be?

[igotfits]

Not mining MUSIC any more, ETH is enough more profitable that there is no point.

I'm waiting a bit more to see if the price will rise else I'll stop mining this coin as well

It will be good if more people dump mining $MUSIC. Miners are too greedy. Dumped price all over from 2000 satoshi. It's sad situation actually, if back in the days miners mined perspective currency to accumulate more, now more miners just take coin from profit per mining to dollar perspective, sell for fiat and help dump more. Its hard to trade with so greedy miners around, since most people bought  $MUSIC for over 1000 satoshi. Anyway I think $MUSIC team should partner with Changelly or any other big exchange to spray some big trade % from Bittrex. Main problem with $MUSIC is that miners has more $MUSIC now, and traders and investors couldn't influence on trading much. So this is the strange situation where miners are whales, and people who could invest a lot couldn't do much beside just buying in small portions. Since not all traders are trading with own funds, they couldn't just risk that much, when miners are too greedy. Its a nice opportunity to buy more, but it could be good if miners calm down for a bit.

I totally agree. I am following the price movement of Music nearly all day, and it is nearly impossible to see a big sell amount. Nearly the total amount of all dumped coin is small but very often. The price is falling because of miners not because of the whales.

same, i removed all my machines, 250k coins.....
Mining whalecoin now and will be moving over to pirl.

[Putarito]

Try our new Musicoin Pools: MusiPool.ru: SOLO, PPLNS & PROP

* Interface on Russian language

[miningpoolhub]

I have musicoin pool, updated wallet on server, but i am not sure is it right one ? - https://github.com/Musicoin/go-musicoin/archive/v2.0.0.tar.gz

After removed old DB and trying resync  still have errors like:

Bad block #1200001 (0x9b2b75b23a0666a1563d2ac8bf4f207cb902130311113cda628b1df763733848)
E1012 08:29:04.475004 core/blockchain.go:1171]     invalid merkle root: header=ebd70a8ca0c729cd498c70933762b225043e4a39f6fa68be9e515eb203ed5ab6 computed=3c6bb2d5a0c57839da030c31c98c0a9d41c008f61db714aad53d4ef47c857c52

Compile from master branch.
I too compiled from tag and forked to wrong chain.
https://bitcointalk.org/index.php?topic=1776113.msg22832700#msg22832700

I think dev doesn't care about their release and this forum.

[hugolopes]

Hello guys..

I am mining in a pool, and i still get my rewards from 314 block.. it is good for me but anyone knows why?

[Olbap]

We need more Miners:

http://music.minerpool.net

Who can help us out with some hashes?

I'm in, with decent 550 MH/s

Musicoin is a great product with a great idea, i mine it because i believe in it and not for the quick profit.

[ConvertThisFile]

It make sense everyone is bailing. Altcoins are full of people wanting over night success. Us who stay around will be rewarded in the end.

Prepare for a MASSIVE bitcoin correction after october 25th and Music will regain traction after this date. I'm calling it now

[retal]

I compiled from master branch and now my poll up and running

Thank you !

I have musicoin pool, updated wallet on server, but i am not sure is it right one ? - https://github.com/Musicoin/go-musicoin/archive/v2.0.0.tar.gz

After removed old DB and trying resync  still have errors like:

Bad block #1200001 (0x9b2b75b23a0666a1563d2ac8bf4f207cb902130311113cda628b1df763733848)
E1012 08:29:04.475004 core/blockchain.go:1171]     invalid merkle root: header=ebd70a8ca0c729cd498c70933762b225043e4a39f6fa68be9e515eb203ed5ab6 computed=3c6bb2d5a0c57839da030c31c98c0a9d41c008f61db714aad53d4ef47c857c52

Compile from master branch.
I too compiled from tag and forked to wrong chain.
https://bitcointalk.org/index.php?topic=1776113.msg22832700#msg22832700

I think dev doesn't care about their release and this forum.

[retal]

Hello
Our pool http://unepa.com need more miners.
We need help with your hashrates, who can help us?

[SummersideGuy]

It make sense everyone is bailing. Altcoins are full of people wanting over night success. Us who stay around will be rewarded in the end.

Prepare for a MASSIVE bitcoin correction after october 25th and Music will regain traction after this date. I'm calling it now

All Alt coin prices are pretty much plummeting right now due to the speculation of the upcomin BTC Fork. A lot of people are selling off alt coins to accumulate BTC in hopes that when the hard fork comes they will get free Bitcoin Gold. Once the hard fork is over a lot of alt coins should bounce back to where they were a month ago or close to it.

[ophyrim]

It make sense everyone is bailing. Altcoins are full of people wanting over night success. Us who stay around will be rewarded in the end.

Prepare for a MASSIVE bitcoin correction after october 25th and Music will regain traction after this date. I'm calling it now

All Alt coin prices are pretty much plummeting right now due to the speculation of the upcomin BTC Fork. A lot of people are selling off alt coins to accumulate BTC in hopes that when the hard fork comes they will get free Bitcoin Gold. Once the hard fork is over a lot of alt coins should bounce back to where they were a month ago or close to it.

I agree that's what exactly happened at 3 months ago during bitcoin cash fork. It will be hard to buy a cheap altcoin because nearly every altcoin bounced very aggressively.  And this time after the fork the price of bitcoin gold will not increase like bitcoin cash. Bitcoin cash was supported by many big players. But I am not sure bitcoin gold is going to be supported like bitcoin cash. Many of altcoin sellers are going to lose money.

[Olbap]

It make sense everyone is bailing. Altcoins are full of people wanting over night success. Us who stay around will be rewarded in the end.

Prepare for a MASSIVE bitcoin correction after october 25th and Music will regain traction after this date. I'm calling it now

All Alt coin prices are pretty much plummeting right now due to the speculation of the upcomin BTC Fork. A lot of people are selling off alt coins to accumulate BTC in hopes that when the hard fork comes they will get free Bitcoin Gold. Once the hard fork is over a lot of alt coins should bounce back to where they were a month ago or close to it.

I agree that's what exactly happened at 3 months ago during bitcoin cash fork. It will be hard to buy a cheap altcoin because nearly every altcoin bounced very aggressively.  And this time after the fork the price of bitcoin gold will not increase like bitcoin cash. Bitcoin cash was supported by many big players. But I am not sure bitcoin gold is going to be supported like bitcoin cash. Many of altcoin sellers are going to lose money.

Thats exact what im thinking.
The people are melting the crypto-cow without thinking about the future of bitcoin, they just want to make their profit.

THAT IS NOT THE RIGHT WAY.

The goal is a new, better-thinking world. Not the quick profit.

[orchardcoins]

Hello guys..

I am mining in a pool, and i still get my rewards from 314 block.. it is good for me but anyone knows why?

lucky man! your pool operator is not maintaining his pool properly - he didnt change the reward. keep mining!

[megapool.io]

MegaPool.io - Free Modern Musicoin Minin Pool

Join for free

[Kenrich]

MegaPool.io - Free Modern Musicoin Minin Pool

Join for free

great job of you pool ,but this is my first look with your pool and there is small hash,i will keep watching and join later

[megapool.io]

MegaPool.io - Free Modern Musicoin Minin Pool

Join for free

great job of you pool ,but this is my first look with your pool and there is small hash,i will keep watching and join later

Thank you @Kenrich, hope soon will see you there  ! Cheers 

[GrayPhoenix]

Not mining MUSIC any more, ETH is enough more profitable that there is no point.

I'm waiting a bit more to see if the price will rise else I'll stop mining this coin as well

It will be good if more people dump mining $MUSIC. Miners are too greedy. Dumped price all over from 2000 satoshi. It's sad situation actually, if back in the days miners mined perspective currency to accumulate more, now more miners just take coin from profit per mining to dollar perspective, sell for fiat and help dump more. Its hard to trade with so greedy miners around, since most people bought  $MUSIC for over 1000 satoshi. Anyway I think $MUSIC team should partner with Changelly or any other big exchange to spray some big trade % from Bittrex. Main problem with $MUSIC is that miners has more $MUSIC now, and traders and investors couldn't influence on trading much. So this is the strange situation where miners are whales, and people who could invest a lot couldn't do much beside just buying in small portions. Since not all traders are trading with own funds, they couldn't just risk that much, when miners are too greedy. Its a nice opportunity to buy more, but it could be good if miners calm down for a bit.

You're right except that the miners aren't to blame.  They're working within the system exactly as it's set up. 

The problem is that the inflation model for Musicoin is ludicrous.  From an economic perspective the devs are basically giving away the value of the network to miners by rewarding them with huge sums of new coins for their hashrate.  Why does Musicoin need a massive amount of hashrate paid for out of the pockets of artists, listeners, and investors through extremely high inflation?

The block reward needs to be reduced to something more appropriate ASAP.  My suggestion would be a 25 coin block reward with 50 coins sent to UBI. 

Even better would be a system where transactions are confirmed by the listeners with each play.  This would eliminate the need for traditional miners completely.  All newly-minted coins could be reserved for UBI, or a portion could be given to the listener to be used for tipping.  The Musicoin ecosystem would be rebalanced and listeners would help secure the network without even knowing it.

[funtek]

Hello guys,

The Musicoin team is proud to present you our new and improvised design of the homepage over at https://musicoin.org. This is just a sneak peek of what the future version will hold and hope you all continue to enjoy using our service. 😉

White Paper v2.0.0 is currently underway for finishing touch and will be released on our website next week. Stay tuned!

[orchardcoins]

what's happening to orbiter? if you open a wallet, it's not listing new post-ubi transactions