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

[trcwhale]

MOONcoin is heading to the center of the earth!!!

Join the ride.

[Denmor]

Well, if the coin will survive, cheap prices would be a good thing for pumps. Just look at TIPS, from 30 laitoshi to 100 in one day.

[BTCat]

Even 1 satoshi is too much, 30 billion outstanding. This coin does not belong in btc market.

[Denmor]

Even 1 satoshi is too much, 30 billion outstanding. This coin does not belong in btc market.

53.6 billion DOGE doesn't agree with you.

[virtual_miner]

There are too much coins there that you CAN speculate with even 3-5 BTC's and you came here to WAIT and earn 2x with EASY money...

Dont FORGET

Big Fishes EAT some little BIG fishes..

If you are Some Little BIG fish you must EAT small fishes FIRST.




Look Moon Order Book at SELL side. Tons of Millions to be waited some one comes and BUYs..LOL  

[BTCat]

Even 1 satoshi is too much, 30 billion outstanding. This coin does not belong in btc market.

53.6 billion DOGE doesn't agree with you.

Doge has been 1 satoshi before and probably will be again. It has been hyped enormously on global scale, mooncoin does not even reflect it's light.
Both are pretty much useless.

[bitmango]

There are too much coins there that you CAN speculate with even 3-5 BTC's and you came here to WAIT and earn 2x with EASY money...

Dont FORGET

Big Fishes EAT some little BIG fishes..

If you are Some Little BIG fish you must EAT small fishes FIRST.


http://666kb.com/i/cm4f6imiuhtbeh6lr.jpg

Look Moon Order Book at SELL side. Tons of Millions to be waited some one comes and BUYs..LOL  

Why would a whale bother with such high sell orders?  I don't think you understand how a pump and dump works. They've already been and gone and left everyone trying to get out.

[bitmango]

Just looking at the cryptsy order book:

60 btc on the buy side.

124 btc needed to get the price to 10 satoshi
498 btc needed to get the price to 20 satoshi
940 btc needed to get the price to 30 satoshi

It's not suprising there are no buyers. This doesn't even count the LTC market or markets on different exchanges.. Somebody has made a royal fortune, and miners are fighting over the scraps. Anyone else who bought in before today has lost money and will likely never recoup their investment. That's the facts and why I sold my stash this morning at a 50% loss. The only way this coin can rise in price is if hundreds of people remove their orders or sell at a loss like I did. Not every one is going to do that.

[Denmor]

Doge has been 1 satoshi before and probably will be again. It has been hyped enormously on global scale, mooncoin does not even reflect it's light.
Both are pretty much useless.

Doge never been lower than 10 satoshi. I sold thousands of it for 100 satoshi before it even hit the exchange. Don't forget that those coins exist mainly for speculation. If you want to trade online, use bitcoin. Speculators don't need any innovations, and that's why there are so many shitcoins out there. Because those are just pump'n'dump stuff. Mooncoin is just a shitty clone of DOGE, but it surely won't die now because any person with a few BTC can make tons of money on it while there prices are so low. Let's hope some whales will pump it like x2 the current price like they did with almost every single coin on Cryptsy.

[virtual_miner]

Just looking at the cryptsy order book:

60 btc on the buy side.

124 btc needed to get the price to 10 satoshi
498 btc needed to get the price to 20 satoshi
940 btc needed to get the price to 30 satoshi

It's not suprising there are no buyers. This doesn't even count the LTC market or markets on different exchanges.. Somebody has made a royal fortune, and miners are fighting over the scraps. Anyone else who bought in before today has lost money and will likely never recoup their investment. That's the facts and why I sold my stash this morning at a 50% loss. The only way this coin can rise in price is if hundreds of people remove their orders or sell at a loss like I did. Not every one is going to do that.

This is why I try low volume speculative coins...At least if some one comes with 0.5 btc price rises very fast.
LOL...
%50 loss is nothng. You can cover at speculative low volume coins. Good luck sir.

[Viggy]

I am not sure people understand how pumps works. If you have noticed, the coin for sale on the sell side, has not changed in response to the dropping price - ideally, you would see Asks, decrease in value and get closer to the trading price. But, in Mooncoin, people have not changed their orders - why?

Blind optimism? I dont think so - they have a 100 other coins to speculate on with much thinner sell walls to beat.

Fake Sell Walls to push down price? Yes - there are 7.3 Billion Mooncoins for sale on Cryptsy (30% of all mooncoins in existence). My guess is that someone with a large horde of Bitcoins is pushing the price down (probably trading with himself too to fake some volume) and then all the sell walls will be removed for a massive, violent pump.

Just a theory.

I'm buying as price drops since Mooncoin will reach a block-halving before anyone else will (unless I am mistaken) - ~960 blocks a day = halving in 2 months. Halving makes alt coins fun.

[worth]

People seem to forget that Mooncoin and others are measured in Satoshi.  Satoshi is a fraction of Bitcoin.

So when Bitcoin rises in price, and it will do significantly later this year, then Mooncoin goes up in value even if it stays at the same number of Satoshi.  So you can still make a profit selling it for the same number of Satoshi when a Satoshi is worth more.

And as more companies start accepting a wide variety of altcoins, which they will, Moon and other alts will be able to be used to buy things directly and their value will rise.

So, to quote Douglas Adams... "Don't panic!"

[jaqen9]

And as more companies start accepting a wide variety of altcoins, which they will, Moon and other alts will be able to be used to buy things directly and their value will rise.

For that to happen, someone has to actively promote currency. I can't imagine, that all of alts succeed in that.

BTW, do you know anything about activities promoting this coin?

[disclaimer201]

I am not sure people understand how pumps works. If you have noticed, the coin for sale on the sell side, has not changed in response to the dropping price - ideally, you would see Asks, decrease in value and get closer to the trading price. But, in Mooncoin, people have not changed their orders - why?

Blind optimism? I dont think so - they have a 100 other coins to speculate on with much thinner sell walls to beat.

Fake Sell Walls to push down price? Yes - there are 7.3 Billion Mooncoins for sale on Cryptsy (30% of all mooncoins in existence). My guess is that someone with a large horde of Bitcoins is pushing the price down (probably trading with himself too to fake some volume) and then all the sell walls will be removed for a massive, violent pump.

Just a theory.

I'm buying as price drops since Mooncoin will reach a block-halving before anyone else will (unless I am mistaken) - ~960 blocks a day = halving in 2 months. Halving makes alt coins fun.

You really think some evil puppet masters would make it look like it's worth less by the day to rape us all in the end??? Naaah, that couldn't be, could it?!  Keep selling fools.

[worth]

And as more companies start accepting a wide variety of altcoins, which they will, Moon and other alts will be able to be used to buy things directly and their value will rise.

For that to happen, someone has to actively promote currency. I can't imagine, that all of alts succeed in that.

BTW, do you know anything about activities promoting this coin?

Not all alts will succeed necessarily, but far more will enjoy a degree of success than most people think.  Check out Coinpayments.net for an example of what we'll see in the near future -- merchants able to accept basically any altcoin they want.  It's up to the community to talk to Coinpayments and other similar services that are still in development to get them to accept Moon.

As for promotions, I am sending a sequence of lessons to my 25,000+ person newsletter about crypto right now.

Last week I introduced them to the basic concepts with the video you can see linked in my sig, and this week I'll be sending them video lessons showing how to download the Mooncoin wallet and how to receive funds. Any of them who share my lessons on Facebook, Twitter, etc. and send me their Moon address will be sent some Mooncoin, and they'll be entered into a drawing to win more. 
 
I'd planned to do this all sooner, but ran into some unrelated technical issues that held it up -- but I think the timing is better now anyway, with the updated wallets & difficulty settings. 

[virtual_miner]

Now prices drop to 4 stoshi but people continue to sell.

It is getting more exciting to watch the order book. 

[TheGer]

This is a tough call to make for someone but it is definitely a good call.  And I respect someone who admits it.  I can only shake my head at people who go down with this dying ship, but hey... those people leave more room for me to profit it other markets.

"As a bag holder. It's not the time to hold. It's the time to move into other markets that are going up now. When bitcoin rises again, those markets will do twice as well as moon. I could hold for a loooong time to get my money back, but that doesn't really make much sense. I made a bad decision. I made another bad decision by holding longer. Now I'm admitting my mistake and moving on."

[chickenliver503]

where all the hash at? i cant find any pool over 100 mh/s

[warrenchan]

the people who is eating the sell order must be know something, and they are already eated much MOON, so next pump must be crazy.

[bitmango]

This is a tough call to make for someone but it is definitely a good call.  And I respect someone who admits it.  I can only shake my head at people who go down with this dying ship, but hey... those people leave more room for me to profit it other markets.

"As a bag holder. It's not the time to hold. It's the time to move into other markets that are going up now. When bitcoin rises again, those markets will do twice as well as moon. I could hold for a loooong time to get my money back, but that doesn't really make much sense. I made a bad decision. I made another bad decision by holding longer. Now I'm admitting my mistake and moving on."

Its a call that cost me around a years salary. But I will live another day. I don't think the bag holders here will get their money back. Bitcoin is crashing and will rise again, but moon won't rise like the other alts. I spent yesterday reworking my entire portfolio. I suggest others do the same.