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

[coinflow]

damn! i didn't realized that my bids at 10 was filled, somebody put +50ltcs again on 10  

You cannot beat dusty/rusty mooninvestors sell  

... but absorb the sells at a good price, if they occur ...

[1714645992]

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[coinflow]

The current difficulty is >17 ...

[agswinner]

https://twitter.com/mooncoinitalia/status/509049755969007617

[coinflow]

https://twitter.com/mooncoinitalia/status/509049755969007617

Nice picture - and thanks for the constant Mooncoin-promotion on twitter.
 

[agswinner]

  Thank you coinflow for your excellent work

[agswinner]

https://twitter.com/mooncoinitalia/status/519563929278631936

[agswinner]

@MooncoinItalia: #Mooncoin in new xrp market @cryptsy https://t.co/VkjiMG8haB @coinpromotion @CryptoInfinity

[peme]

Only some days that Mooncoin will reach block 250.000 and reward per block halving ...now at block 246.292, difficulty rising to 11 !!!

[coinflow]

Only some days that Mooncoin will reach block 250.000 and reward per block halving ...now at block 246.292, difficulty rising to 11 !!!

Not exactly halving, but going down like this (from the initial posting of this thread):

Block rewards:

Blocks 1-100,000: 0-2,000,000 MOON
Blocks 100,001-200,000: 0-1,000,000 MOON
Blocks 200,001-250,000: 0-600,000 MOON
Blocks 250,001-300,000: 0-350,000 MOON
Blocks 300,001-350,000: 0-175,000 MOON
Blocks 350,001-375,000: 0-100,000 MOON
Blocks 375,001-384,400: 0-50,000 MOON

So it is rather a reduction by ~42%, if I calculate right (175.000 vs. 300.000 MOON/block). But for the sake of simplicity, one could say "halving".  

Edit:
Regarding calculations: Has anyone of you an idea, what would be a fair price for Mooncoin vs. Ripple (based on MOON/LTC), as there now is the new market for MOON/XRP on Cryptsy?
How many Mooncoins should one be able to buy for one Ripple, respectively how many MOON are fair to sell for one XRP?

[agswinner]

Actually moon/xrp 0.0000744. LTC/xrp 749 moon/LTC in xrp market = 0.0000744/749 =0.00000009933ltc

[coinflow]

Actually moon/xrp 0.0000744. LTC/xrp 749 moon/LTC in xrp market = 0.0000744/749 =0.00000009933ltc

My calculation was:

1 LTC = ~749 XRP
1 LTC = ~9090909 MOON (at 11 Litoshi)

so 1*749/9090909 = ~0,0000824 XRP as a realistic price for MOON to be sold for - if you relate to current XRP/LTC and MOON/LTC.


If you'd like to buy MOON for Ripple, then the calculation was like this:

1 LTC = ~749 XRP
1 LTC = ~10000000 MOON (at 10 Litoshi)

so 1*749/10000000 = ~0,0000749 XRP


Right? Or an error in reasoning?


Edit:
XRP/LTC now 541 (buy) and 931 (sell), hence the calculations should be readjusted accordingly.

[agswinner]

I Think that my calculation is  'correct moon now worth 15 LTC..in XRP market.. But you have to consider that the market is too illiquid ... is bad work for arbitrage

[coinflow]

I Think that my calculation is  'correct moon now worth 15 LTC..in XRP market..

Don't understand what you mean exactly ...
Do you mean 15 LTC or 15 Litoshi? How do you calculate that?

[agswinner]

If you Sell 1 milion moon at 0,0000740xrp = 74,40 xrp If you Sell xrp at 541 = 0,1367LTC ergo 1milion moon = 0,0000001367

[coinflow]

If you Sell 1 milion moon at 0,0000740xrp = 74,40 xrp If you Sell xrp at 541 = 0,1367LTC ergo 1milion moon = 0,0000001367

But my question was about the mentioned 15 LTC. I don't see any 15 LTC in your above calculation.

[agswinner]

Moon in LTC market 10
Moon in ripple market 13,67...!

[agswinner]

@MooncoinItalia: Wow! Volume #Mooncoin in new xrp market @cryptsy 32 btc! https://t.co/VkjiMG8haB @coinpromotion @CryptoInfinity

[digitalindustry]

Moon in LTC market 10
Moon in ripple market 13,67...!

this made me laugh -

[coinflow]

MOON on third position in XRP-market - right behind BTC and LTC, ahead of DOGE -, and fourth position in LTC-market on Cryptsy.
I'd say, that's nice. And it clearly shows the capabilities of Mooncoin regarding what to come in the future.
 

[secbul]

It is a must there is a sure..