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

[coinflow]

2 sathoshi is history.

You mean Litoshi, right?  

Edit: Would be nice to get some for even 3 Litoshi now, but presumably those times are over ...

[redjedievolution]

I placed 33 ltcs more at 4 litoshi, just to push the price up!!!!!!!!!!

EDIT: i added another 33ltc, maybe i'll reach 9 billion of mooncoins 

[redjedievolution]

ou yeah! big dump for me 

[coinflow]

To all potential buyers: Keep in mind, that only with such low prices like now, the profits are big, if the price rises. It gets more and more difficult with every Litoshi upwards to earn the same amounts. Just sayin'.

[redjedievolution]

wow 79 LTC buying at 4 litoshi!

[redjedievolution]

89!! the people is waking up !!!!!!!!

If it raises i'll buy more, i want begin to sell in satoshis this winter.

[986016977]

89!! the people is waking up !!!!!!!!

If it raises i'll buy more, i want begin to sell in satoshis this winter.

You are a leader of mooncoin.

[coinflow]

SpaceX Commercial Launch Facility: http://governor.state.tx.us/news/press-release/20001/

Does anybody of you live there in that area and could try to make Mooncoin work for that (making MOON a part of their payment-system)?

[redjedievolution]

Did you see the increase on the network hashrate?

[coinflow]

Did you see the increase on the network hashrate?

Seems, that Mooncoin has something to give.  
To da MOON!

[peme]

Did you see the increase on the network hashrate?

Seems, that Mooncoin has something to give.  
To da MOON!

I think a part of the difficulty rise is because of the monncoin selling price increased from 3 to 4 Litoshis and many miners switching to mine and instant sell MOON for 4 Litoshis. The nice fact is: with reaching block 200.000 this will end ...no more dumpers, that will sell for 4 Litoshis....price will rise    

[patryk006]

NEW website for our faucet:


Up to 10k MoonCoin for each dispense

http://moon.rena-faucet.com/

[coinflow]

Did you see the increase on the network hashrate?

At the moment it is even above 700 MH/sec. 

[Wekkel]

200k block is approaching but I understand we will have a temporary extra amount of Moons issued because of the Apollo aniversary?
Could lead to some extra dumping of Moons on the exchanges.

[coinflow]

200k block is approaching but I understand we will have a temporary extra amount of Moons issued because of the Apollo aniversary?

Yes, from block 195,000 up to 205,000 there will be bonus-rewards celebrating the landing on the Moon, according to this from the first page of this thread:
"On July 21st, 2014 it will be the 45th anniversary of the lunar landing by the Apollo 11 astronauts. On this date, Mooncoin will begin to release one MOON for every USD spent on the Apollo space program at an accelerated rate: 25.4 billion!"

We are a little behind, because of the stuck blockchain long ago and the following implementation of Kimoto Gravity Well to solve that problem.

Edit: Have to correct a little bit, after checking the code on GitHub:

Code:

	if(nHeight <= 100000) {
                nSubsidy = (1 + generateMTRandom(seed, 1999999)) * COIN;
        } else if(nHeight > 193076 && nHeight < 203158) {
                nSubsidy = 2519841 * COIN; // for _roughly_ one week, the cost of the Apollo program will be paid back -- 25.4bn MOON!
        } else if(nHeight <= 203518) {
                nSubsidy = (1 + generateMTRandom(seed, 999999)) * COIN;
        } else if(nHeight <= 250000) {
                nSubsidy = (1 + generateMTRandom(seed, 599999)) * COIN;
        } else if(nHeight <= 300000) {
                nSubsidy = (1 + generateMTRandom(seed, 349999)) * COIN;
        } else if(nHeight <= 350000) {
                nSubsidy = (1 + generateMTRandom(seed, 174999)) * COIN;
        } else if(nHeight <= 375000) {
                nSubsidy = (1 + generateMTRandom(seed, 99999)) * COIN;
        } else if(nHeight <= 384400) {
                nSubsidy = (1 + generateMTRandom(seed, 49999)) * COIN;
        }

if (nHeight % 29531 == 0) {
                // a prize for ever lunar cycle
                nSubsidy = nSubsidy * 2;
        }

else if(nHeight > 193076 && nHeight < 203158) {
                nSubsidy = 2519841 * COIN; // for _roughly_ one week, the cost of the Apollo program will be paid back -- 25.4bn MOON! (line 1101)

Seems that the bonus-rewards start at block 193,077 already and end at 203,157.

[Tyke]

When was Mooncoin added to Cryptsy? (DD/MM/YYYY)

[peme]

When was Mooncoin added to Cryptsy? (DD/MM/YYYY)

MOON was added to cryptsy on 24/01/2014. 

[georgem]

Does anyone have an approximate date when all the mooncoins will be mined?

In what year will we have mined the 384 Billion coins, and since this is not a fix limit but blocks will continue to be generated later on.... how much will the yearly inflation be after 384 billion coins have been reached?

Thanks.

[Wekkel]

I made a Mooncoin chart some time ago.



Essentially, we are still in the hyperinflationary phase at the beginning of the chart. With some 137 billion Moons issued, about 1/3rd of the total Mooncoins have been issued with a steep issue continuing until we reach 200 billion Moons. After that, the rate of issue declines significantly.

Please note that you are looking at a chart for 21.7 years. Reaching the first 200 billion Mooncoins takes about 1 year.

Each set of 25,000 blocks takes about 26 days. There are about 350,400 blocks processed annually.
Please keep this in mind when looking at the following inflation projections.


The inflation rate is measured as the total coins issued in one set of 25,000 blocks compared to the total coins minted after that set. Inflation starts at 100%/25k blocks but soon goes to 1% after one year. After 375,000 blocks (with about 200 billion Moons issued) - after 1 year of Mooncoin - the inflation rate per block is about 0.3%/25k blocks That adds up to an annual inflation of about 4.2%. No big deal.



A closer look at the inflation rate per 25k blocks. With 425,000 blocks, a total of 205 billion Moons will have been issued. The inflation rate then is the above-mentioned annual inflation rate of about 4.2%.

The time of investing in Mooncoin is NOW  

Moons for this analysis are welcome  
2QXDby7K2xPqN2MtqaUcizUB35tzqmRUu4

[georgem]

I made a Mooncoin chart some time ago.

...

Essentially, we are still in the hyperinflationary phase at the beginning of the chart. With some 137 billion Moons issued, about 1/3rd of the total Mooncoins have been issued with a steep issue continuing until we reach 200 billion Moons. After that, the rate of issue declines significantly.

Please note that you are looking at a chart for 21.7 years. Reaching the first 200 billion Mooncoins takes about 1 year. The time of investing is NOW.

Thank you, that's exactly what I was looking for.