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

[tottyt]

Thank you ever so much, really appreciate that.

T

[1714467957]

1714467957

[1714467957]

1714467957

[1714467957]

1714467957

[Mooncoin_Foundation]

Fixed Rewards vs. Halving

Fixed block rewards:

many investors (let's say 1000) would like to buy MOON -> but they understand MOON has an inflation of 1 billion MOON per month and a price can be lower (as it is being mined and dumped on a daily basis) -> 997-998 investors wait and don't buy, 2-3 (out of 1000) are buying -> a price is lower and lower -> less miners -> the network hashrate is lower and lower -> people have no faith and indicate no activity -> people who already have MOON try to sell it -> the price is below 1 Satoshi -> no MOON listing at large exchanges -> less investors -> there is a closed circle...

Halving:

~1000 investors would like to buy MOON -> and they understand there will be less and less mined coins in future -> 999 investors don't wait and buy -> a price is higher and higher -> more miners -> the network hashrate is greater and greater -> people have faith and the community is active -> new talented supporters come -> people who already have MOON try to buy more -> entering the BTC market and MOON listing at large exchanges -> more investors - > next levels of development.

You decide.

[polemarhos888]

Fixed Rewards vs. Halving

Fixed block rewards:

many investors (let's say 1000) would like to buy MOON -> but they understand MOON has an inflation of 1 billion MOON per month and a price can be lower (as it is being mined and dumped on a daily basis) -> 997-998 investors wait and don't buy, 2-3 (out of 1000) are buying -> a price is lower and lower -> less miners -> the network hashrate is lower and lower -> people have no faith and indicate no activity -> people who already have MOON try to sell it -> the price is below 1 Satoshi -> no MOON listing at large exchanges -> less investors -> there is a closed circle...

Halving:

~1000 investors would like to buy MOON -> and they understand there will be less and less mined coins in future -> 999 investors don't wait and buy -> a price is higher and higher -> more miners -> the network hashrate is greater and greater -> people have faith and the community is active -> new talented supporters come -> people who already have MOON try to buy more -> entering the BTC market and MOON listing at large exchanges -> more investors - > next levels of development.

You decide.

Good afternoon from Greece. I think that the better solution is the halving. 

[agswinner]

I vote halving   

[Bitbobb]

I vote halving   

Halving

[STT]

MOON listing at large exchanges -> more investors - > next levels of development.

You decide.

Halving sounds best as you must have a base price of at least 1 satoshi in order not to fall off the radar of the many generally interested in the whole crypto spectrum of coins.
Mooncoin must have genuine support or it'd never have lasted this long, I think this choice would be best to accumulate on that core population

[gjhiggins]

You decide.

Why not wait and see what happens to that 70B on Cryptsy before forcing a decision?

Cheers

Graham

[Daffadile]

Just when I think I'm starting to learn about currencies in the crypto-world I see something like this. I don't understand how such a popular thread which so many posts and views and such a popular coin is not really trading much ? But other coins that have far less popularity are selling in decent volumes.

[Mooncoin_Foundation]

You decide.

Why not wait and see what happens to that 70B on Cryptsy before forcing a decision?

Cheers

Graham

Thank you for your question and for your support of Mooncoin.

These 70 B have their legal owners, and these owners vote now.

What will happen to these coins?
There are only 3 variants:
1) they will be returned to their legal owners
2) they will be sold, maybe partially
3) they will stay untouched.

We can wait, but it could be very long waiting.

And every year there will be about ~10.5 billion mined coins more,
if rewards stay fixed, it only takes less than 7 years to produce 70 billion more.
In less than 17 years the total supply will be higher than 384.4 billion,
and this number was announced by an original dev, so anyway this limit must be kept untouched, if we want Mooncoin to stay honest.

We all have been waiting for 2+ years for any development already since 2014, when an original dev had disappeared.

Why so many coins on Cryptsy? Because common people (who were not able to compile by themselves) had no trusted working wallet, when withdrawals were allowed.
When a working wallet was compiled, it was too late already.

Would you like to help Mooncoin and to make an independent compilation of the new up to date wallet with DigiShield and probably with halving (of course only if people support that), when it's ready?

Edit: calculation.
 

[Mooncoin_Foundation]

Just when I think I'm starting to learn about currencies in the crypto-world I see something like this. I don't understand how such a popular thread which so many posts and views and such a popular coin is not really trading much ? But other coins that have far less popularity are selling in decent volumes.

Thank you for your comment.
There are 3 good reasons probably:
1) a described above closed circle due to a price is below 1 Satoshi + inflation (to be exact not inflation itself, but fixed rewards that have an impact on future expectations)
2) the so-called 'wisdom of crowds' (which has nothing in common with true folk wisdom) when crowds buy coins that already have a big market cap, or/and ICOs in hope to make a quick buck, and ignore fair and popular classic coins
3) exchanges (how to know whether an exchange cares about profit only or also about decentralization and fairness?)
if an exchange prefers to list a brand new coin with several big holders inside and let them attract investors through pumps, and at the same time ignores classic well-known and time-tested coins with more than 40,000 funded addresses, you understand.

[Abiky]

Fixed Rewards vs. Halving

Fixed block rewards:

many investors (let's say 1000) would like to buy MOON -> but they understand MOON has an inflation of 1 billion MOON per month and a price can be lower (as it is being mined and dumped on a daily basis) -> 997-998 investors wait and don't buy, 2-3 (out of 1000) are buying -> a price is lower and lower -> less miners -> the network hashrate is lower and lower -> people have no faith and indicate no activity -> people who already have MOON try to sell it -> the price is below 1 Satoshi -> no MOON listing at large exchanges -> less investors -> there is a closed circle...

Halving:

~1000 investors would like to buy MOON -> and they understand there will be less and less mined coins in future -> 999 investors don't wait and buy -> a price is higher and higher -> more miners -> the network hashrate is greater and greater -> people have faith and the community is active -> new talented supporters come -> people who already have MOON try to buy more -> entering the BTC market and MOON listing at large exchanges -> more investors - > next levels of development.

You decide.

In my own opinion, I think that the halving would be the right path to go for Mooncoin. It would make it more scarce, and thus it would have a positive effect in its price since it would become a deflationary currency, instead of being inflationary like it is right now. This would also increase interest and activity into the coin making its marketcap ranking increase as time goes by.

Now, any idea if the supply would remain the same of will there be a change of current supply too? Sorry for asking, I'm just curious to know about this.   

[Mooncoin_Foundation]

Fixed Rewards vs. Halving

Fixed block rewards:

many investors (let's say 1000) would like to buy MOON -> but they understand MOON has an inflation of 1 billion MOON per month and a price can be lower (as it is being mined and dumped on a daily basis) -> 997-998 investors wait and don't buy, 2-3 (out of 1000) are buying -> a price is lower and lower -> less miners -> the network hashrate is lower and lower -> people have no faith and indicate no activity -> people who already have MOON try to sell it -> the price is below 1 Satoshi -> no MOON listing at large exchanges -> less investors -> there is a closed circle...

Halving:

~1000 investors would like to buy MOON -> and they understand there will be less and less mined coins in future -> 999 investors don't wait and buy -> a price is higher and higher -> more miners -> the network hashrate is greater and greater -> people have faith and the community is active -> new talented supporters come -> people who already have MOON try to buy more -> entering the BTC market and MOON listing at large exchanges -> more investors - > next levels of development.

You decide.

In my own opinion, I think that the halving would be the right path to go for Mooncoin. It would make it more scarce, and thus it would have a positive effect in its price since it would become a deflationary currency, instead of being inflationary like it is right now. This would also increase interest and activity into the coin making its marketcap ranking increase as time goes by.

Now, any idea if the supply would remain the same of will there be a change of current supply too? Sorry for asking, I'm just curious to know about this.   

What do you mean? The total supply of 384.4 billion, announced by an original dev?
If rewards stay fixed, it only takes ~17 years to reach this number,
but if people choose halving, then it will stay untouched for centuries and milleniums.

[Mooncoin_Foundation]

Correction: 70 B 83 B.
Coins have been recently moved from old Cryptsy addresses to top new 2 addresses.

[Mooncoin_Foundation]

Many coins are moved from small Cryptsy addresses to the largest Mooncoin address 2cLG2RzF6rDCtNws6We8o8avXs1grqARHU http://cryptoguru.tk/Address/index.php?Currency=MOON&Address=2cLG2RzF6rDCtNws6We8o8avXs1grqARHU,
first used on October, 23, 2016.

Due to this accumulating currently there are only 34,890 funded Mooncoin addresses.
http://cryptoguru.tk/CurrencyInfo/index.php?Currency=MOON
Several days ago there were ~ 44,000 funded addresses.
Many people traded MOON at Cryptsy, you can see.

[fredeq]

Explorer domain went down.
Any replacements?

[fredeq]

chainz looks to be online, best to update main post
https://chainz.cryptoid.info/moon/

[Mooncoin_Foundation]

Explorer domain went down.
Any replacements?

Mooncoin has 4 active block explorers:

http://moonchain.net
https://bchain.info/MOON
http://cryptoguru.tk/Blocks/index.php?Currency=MOON
https://chainz.cryptoid.info/moon

chainz looks to be online, best to update main post
https://chainz.cryptoid.info/moon/

Thank you for your vote.

[agswinner]

Many coins are moved from small Cryptsy addresses to the largest Mooncoin address 2cLG2RzF6rDCtNws6We8o8avXs1grqARHU http://cryptoguru.tk/Address/index.php?Currency=MOON&Address=2cLG2RzF6rDCtNws6We8o8avXs1grqARHU,
first used on October, 23, 2016.

Due to this accumulating currently there are only 34,890 funded Mooncoin addresses.
http://cryptoguru.tk/CurrencyInfo/index.php?Currency=MOON
Several days ago there were ~ 44,000 funded addresses.
Many people traded MOON at Cryptsy, you can see.

I have not received precise answers from Fed Court but only general, we don't know who has the control of biggest cryptsy Mooncoin addresses .
Worthy of Positive note that this great transfer of Mooncoin, with grouping in substance of all the cryptsy Moon accounts, equal to around the 40% of the total supply, has been happened without any problem

[Abiky]

What do you mean? The total supply of 384.4 billion, announced by an original dev?
If rewards stay fixed, it only takes ~17 years to reach this number,
but if people choose halving, then it will stay untouched for centuries and milleniums.

Yeah I meant the total supply announced by the original dev. Then, if that is the case (when halving wins) maybe Mooncoin won't become a rare and deflationary cryptocurrency, but at least it will be fun to buy and hold them for the long term. Right now, Mooncoin makes it a great coin for tipping others as well as use it for micropayments and much more.

I was thinking if maybe there could be a Mooncoin wallet for Android soon? It would be pretty handy to store your MOON on a mobile device. 

Hope that whatever decision is made (in terms of rewards), would be for the benefit of Mooncoin. Looking forward for more exciting updates! 

[Mooncoin_Foundation]

I was thinking if maybe there could be a Mooncoin wallet for Android soon? It would be pretty handy to store your MOON on a mobile device. 

Why not, in future?
Currently you can use the Android Multicoin wallet which supports MOON. The wallet is available at https://play.google.com/store/apps/details?id=com.coinspot.mobile.

Sad to see how people lose money in top coins, instead of joining the promising, time-tested MOON project.
How many talented people could change their lives by joining MOON, a long term project, that successfully has been working for almost 3 years.

Good to see, the Mooncoin price is stable.