[ANN][MOON] Mooncoin: You know where it's headed! KGW exploit FIXED 4/3/2014

[kingbtcvl]

i think right now the biggest problem with mooncoin is its specification. what i mean is that there are only 24,6 billion mooncoins at the moment whereas on average each and every day nearly 1 billion new mooncoins are mined, that is about a whopping 4% of all mooncoins in existence.
and if you look at the market depth at cryptsy you will see that i only takes 2 billion moon to froce the price down to 3 satoshi.
that being said as long as the price is stuck and nothing drives it up, it is more likely that the price will go down rather than up as sell pressure slowly increases with each day. moreover i think whales are aware of this and therefore they will wait a little time before they step in at lower prices.

nevertheless i think mooncoin has great potential to see prices of around 100 satoshi on the long run and thats the reason why i am still watching it closely to buy in again. but mooncoin needs a team of people who really take care for it. there seem to be a lot of great ideas for its promotoing around, but as long as nobody really organizes things most people will only be here for the quick profit.

[Dafar]

Is anyone just leaving a couple of BTCs in moon coin and waiting for it to skyrocket?

[tins]

Is anyone just leaving a couple of BTCs in moon coin and waiting for it to skyrocket?

No, sold everything and going to rebuy back in once it gets below 4 satoshi again.

[oudekaas]

I don't understand the logic of putting all these massive sell walls at 20-30. Moon coin was rising fast, why are we killing its potential?
Get rid of the sell walls and if you do want to sell sell higher and more spread out give Moon a chance to develop, this is why you invested in the first place? Or if you don' t care about moon as a coin use common logic... there is great interest in buying the coin but people are put off by the amount of sell orders. Lets face it why would people still even buy now with so many sell walls but they still do, it is fighting to stay at 17.

Everyone selling has to understand that you are part of your own problem.
As long as those walls are there it will be very unlikely big players want to invest. The funny thing in this scenario is that if in the absolute best case we do get a big whale to buy all the sell walls, those same sellers will feel they made a mistake for selling so early. So the best thing you can do right now is to lift the walls and wait a few days and see what happens. It will be very very unlikely you get a worse price then 17 for your money. It will be more likely to rise, the concept of moon is fun and friendly and could be a great coin to invest in. In the end it is simple people will invest in a coin that goes up and has a good name with potential.

I have a lot of mooncoins and could right now sell them at a nice profit but why would I? My initial investment was made to support moon and see it go up longterm. So please use your logic, take the sell walls away and let it thrive.

[CatKiwi]

I think once the dev returns (he is injured currently isn't he) the wheels can be put in motion but ultimately there needs to be community action to keep the coin growing e.g. advertising etc.

HOWEVER - we must learn from Catcoin (and other applicable coins) where the dev is not active and a group of people decide to call themselves 'the board' and start pushing and pulling the coin in different directions, fighting on the main thread, abusing each other and ultimately deciding to fork the coin with or without support from others.

Coins die when the future is uncertain or overly bleak. This coin has a real chance to do a Dogecoin. Strong support, create uses for the coin, push for acceptance as a legitimate currency amongst the Crypto community (they still think of MOON as a scamcoin, it is even forbidden to talk about MOON and other 'scamcoins' on btc-e trollbox under penalty of banning by the admin for example).

Last but not least, we need to keep it profitable. If there is no money to be made from it it will die. The fact of the matter is without miners mining transactions come to a halt, difficulty decreases, value decreases, volume decreases, coin dies. Miners do not mine a nonprofitable coin (except for the religiously attached and even they give up eventually).

While the value of the coin will keep dropping until the majority of early adopters have dumped their coins (those who are not holders) it will spike back up after. The buy power is still strong for this coin, it just happens that the sell power is far stronger right now.

[CatKiwi]

I personally would love to see MOON coin take on an image of promoting the public understanding of Science - COSMOS by Carl Sagan is a cult classic and the new remake by Neil Degrasse Tyson could be embraced.

[Th3P]

Is anyone just leaving a couple of BTCs in moon coin and waiting for it to skyrocket?

No, sold everything and going to rebuy back in once it gets below 4 satoshi again.

Thinking about doing this myself!

[Hawkmoon79]

I invested a bit in Moon on Crytpsy and Xivra on Coinedup. Xiv´s already paid off, after initial miners and early supporters sold off their coins. I still think I was too early in selling, though.
With Moon I won´t make that mistake. I will keep mine for a while yet.

[mison]

basic rule: BTCNever invest money you can't afford to loseBTC...

[kadz]

basic rule: BTCNever invest money you can't afford to loseBTC...

Sure it is a basic rule. Everyone has to keep it in mind.

[CatKiwi]

Some fool just dumped Millions and million of Moon on Cryptsy and smashed the 17 Buywall. Get in quick and buy up those coins at 17 before the big players come in and buy em all! Saw an entire 25 bitcoin wall get bought up last night, it'll happen again!

[gregor12]

Mooncoin #16, lets get it to #13 it should be easy
http://cryptmarketcap.com/

[drmadcat]

I'm starting an ad on Reddit on the 1/30/14
https://i.imgur.com/CsSk494.jpg
Title changed to
https://i.imgur.com/p8nAT62.jpg

Any help/suggestions would be great or if you have run a similar ad on Reddit the help would be appreciated.

I have $30 of my own money so far but will try and keep it running as long as i can.
puvar donated 50,000 at 0.00851700 BTC $6.93 added to campaign.
http://www.reddit.com/r/MoonCoin/comments/1w6cj8/what_do_you_think/

2DEY8FxKFWuUEU1hfZj69ZEP42PdP19585 if you want to donate.

[ultron]

Any news from developers?

[Noolz39]

Mooncoin #16, lets get it to #13 it should be easy
http://cryptmarketcap.com/

#22-23

[bitwarrior]

And so the whales continue to pull down the prices of mooncoins.. until when will the tide starts changing?

[Mikellev]

And so the whales continue to pull down the prices of mooncoins.. until when will the tide starts changing?

Why should it ? The oney who startet buying Moon for 1 satoshi days ago made a shitload of money last week. Now it´s dying slowly as all the smaller investors, who kept buying at 20,25 & 30 sell with their losses and accept it.

Will take another week or so until coin is sleeping at 1 satoshi again. Then, as long as on any good xchange, it will start rising again when the big boys need anouther 1k btc or so.

[zerodrama]

I think once the dev returns (he is injured currently isn't he) the wheels can be put in motion but ultimately there needs to be community action to keep the coin growing e.g. advertising etc.

HOWEVER - we must learn from Catcoin (and other applicable coins) where the dev is not active and a group of people decide to call themselves 'the board' and start pushing and pulling the coin in different directions, fighting on the main thread, abusing each other and ultimately deciding to fork the coin with or without support from others.

This is utter bullshit.

1. Dev not active is a slur against both. Both the dev of Nyan and Cat were rendered unable to participate. Nyan's is injured. Cat's got robbed.
2. There is no 'the board' and the community was invited to the development chatroom. There is only the people who got off their ass to do what dev couldn't. We all worked together, but some people erroneously assume such time sensitive work can be performed on a forum with essay long posts. One person chose to promote a solution which was AGAINST the community's conception of the coin.

Dogers are cowards who are afraid of reprisals from legislators and Hollywood. Are Nyans cowards as well? If you wait for your dev to return, you will fail. My advice is to get organized and ask for help if you don't know what to do, rather than shit on people who actually take proactive steps to move the process forward.

[bonesoul]

http://moon.coinium.org/

Quick Start

Start with registering on our pool & creating workers for your computers. You can use our automated config generator in our workers page and download pre-configured files for your mining software.

EU Stratum Server: stratum+tcp://eu.coinum.org:3338
US Stratum Server: stratum+tcp://us.coinum.org:3338

CGMiner Configuration

Here is sample CGMiner configurations with fail-over support. Given that the stratum server you use fails, your miner software will continue to work with out other stratum server.
Note: You have to change WORKER and PASS with your actual worker-name and worker-password values you get from workers page.

EU

Code:

./cgminer -o stratum+tcp://eu.coinium.org:3338 -u WORKER -p PASS --failover-only -o stratum+tcp://us.coinium.org:3338 -u WORKER -p PASS --scrypt -I 13

US

Code:

./cgminer -o stratum+tcp://us.coinium.org:3338 -u WORKER -p PASS --failover-only -o stratum+tcp://eu.coinium.org:3338 -u WORKER -p PASS --scrypt -I 13

Features

• Our network - We already operate first class & high performance pools, check our other pools over http://www.coinium.org
• %0 fee - Our network have no fees! We just kindly ask you to donate if you like to.
• Detailed Stats & Graphs - We do have now pretty graphs & stats for every single piece of information of our pools! - http://www.coinium.org/poolmanager/
• Stratum servers - We have stratum servers in Europe and  United States. Right now we have a total of 4 servers (2 stratum server, 1 webserver and 1 database server) and we are quickly upgrading & adding new servers to stack when we need to.
• Fail-over config support - In case that the stratum server you use fails, your miner will just continue to mine with our secondary stratum server.
• DDOS Protected - Our servers are DDOS protected 7x24!
• Automated backups - We get automated backups of our system.
• Automatic payments - You can set automatic payments if you like to.
• Fast confirmations - We are quickly processing your transactions once newly found blocks are confirmed.
• Automatic config generator - Check our workers page to automatically download a generated configuration file for your workers with fail-over support!
• Continous support - We are eager to help our users! You can ask for support in our forum topic.
• IRC support - We have operators in our IRC channel and you can chit-chat about mining too.
• Mobile friendly - We have mobile friendly user interface so you can check your miner's status from your mobile devices
• Contests - We are regularly creating contests and giving bonus coins to our miners!

Stats & Graphs!

We do have now pretty graphs & stats for every single piece of information of our pools! - Check it out http://www.coinium.org/poolmanager/pool/Mooncoin/

[DRobert]

And so the whales continue to pull down the prices of mooncoins.. until when will the tide starts changing?

It is happening to all coins. Dogecoin is now under 190 now, for example.