[ANN][MONA] Monacoin LAUNCHING 2014/01/01 0:00 GMT

[Gatorelf]

Let's keep a cordial tone on this thread.

We all reckon that MONA is becoming increasingly visible in Japan and that should soon be reflected in its value.
As to when and how much, nobody knows and everybody is free to post its own view.

I also believe that MONA has the potential of becoming the Litecoin of Japan. Its tech is as solid as LTC. Its network is less developed but it could grow very fast in Japan. That's why my target is 50$ by mid-2018 and a long term target of 100$

i dont think it will reach 100$ , monacoin, i think , maybe im wrong, is supposed to be easily spendable. Do you want to buy a coin that cost 100$ ? but this is crypto , everything can happen

If it reaches $100, why would that make it not easily spendable? I bought bitcoin at 2000 USD and I bought some at 11 000 USD, because I believe in it and I believe that more people will come later and buy so the price will go higher and higher. So it doesn't make sense to say that people will stop buying if the price will be 100 USD.
Just look at Litecoin. I remember not too long ago when the price was 60 USD, ok that is under 100 but now it is 300 USD and people keep buying.

could be a while as much as I like MONA its not an LTC yet.  LTC is on 14 plus large exchanges while MONA is on two. Its pretty much where they want it around 2000 yen ( $18 USD) which makes it a fun coin for night on the town eating and or shopping. BTC is still used as the larger store of value coin.

 They might not even want it on other exchanges as they already have Zaif MONA/JPY MONA/BTC

Still I keep it as a long term prospect because this is the wild wild west of crypto and demand from surrounding countries could push this wonderful coin into much higher status.

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[muenze]

I believe Cardano is a huge factor. Suddenly theres a japanese ETH and its already worth more than Monacoin in such a short time. This must really bug the Mona team

Another huge factor i see for gains is that Mona (which is the japanese Bitcoin) is actually a safe heaven even for Bitcoin investors because it completely eliminates the risk of government oppression from US and china, which might come to Bitcoin in the future. Already when Bitcoin crashed in the past, and all Altcoins went down with Bitcoin, MonaCoin would always stay at their level, sometimes even being the only green coin in Coinmarketcap.

[bricevdv]

Let's keep a cordial tone on this thread.

We all reckon that MONA is becoming increasingly visible in Japan and that should soon be reflected in its value.
As to when and how much, nobody knows and everybody is free to post its own view.

I also believe that MONA has the potential of becoming the Litecoin of Japan. Its tech is as solid as LTC. Its network is less developed but it could grow very fast in Japan. That's why my target is 50$ by mid-2018 and a long term target of 100$

i dont think it will reach 100$ , monacoin, i think , maybe im wrong, is supposed to be easily spendable. Do you want to buy a coin that cost 100$ ? but this is crypto , everything can happen

If it reaches $100, why would that make it not easily spendable? I bought bitcoin at 2000 USD and I bought some at 11 000 USD, because I believe in it and I believe that more people will come later and buy so the price will go higher and higher. So it doesn't make sense to say that people will stop buying if the price will be 100 USD.
Just look at Litecoin. I remember not too long ago when the price was 60 USD, ok that is under 100 but now it is 300 USD and people keep buying.

could be a while as much as I like MONA its not an LTC yet.  LTC is on 14 plus large exchanges while MONA is on two. Its pretty much where they want it around 2000 yen ( $18 USD) which makes it a fun coin for night on the town eating and or shopping. BTC is still used as the larger store of value coin.

 They might not even want it on other exchanges as they already have Zaif MONA/JPY MONA/BTC

Still I keep it as a long term prospect because this is the wild wild west of crypto and demand from surrounding countries could push this wonderful coin into much higher status.

I agree with the analysis, for me MONA is a long term runner and will go to more exchanges, however for its value, to be used in Japan, 5000 yen or 10000 yen per unit would be reasonable and it will remain under the 100$ mark.

[Calangaman]

could be a while as much as I like MONA its not an LTC yet.  LTC is on 14 plus large exchanges while MONA is on two. Its pretty much where they want it around 2000 yen ( $18 USD) which makes it a fun coin for night on the town eating and or shopping. BTC is still used as the larger store of value coin.

If we get a large Korean exchange, we are at 50$ in a matter of weeks.
Koreans buy any listed coin like crazy, check Dash for instance.

[Gatorelf]

could be a while as much as I like MONA its not an LTC yet.  LTC is on 14 plus large exchanges while MONA is on two. Its pretty much where they want it around 2000 yen ( $18 USD) which makes it a fun coin for night on the town eating and or shopping. BTC is still used as the larger store of value coin.

If we get a large Korean exchange, we are at 50$ in a matter of weeks.
Koreans buy any listed coin like crazy, check Dash for instance.

Oh yeh if they get listed on a Korean exchange it will double..


I noticed that too who ever mentioned its like a haven. I have been using it as that many times and then just sell x amount whenever I want to invest some where else for a few days / weeks 

It can still easily move $2 up or down

[yangS]

Monacoin needs to get listed on another exchange than Bittrex. 0.2 fee if you want to withdraw,they are just stealing their custumers.

[hyet24]

Monacoin needs to get listed on another exchange than Bittrex. 0.2 fee if you want to withdraw,they are just stealing their custumers.

OMG yeah.  I just realize how much I spend on the fees.   Imagine if Monacoin was at $50 and they still charge .2.   Only benefits people withdrawing large amounts.

[j4y_naKomodo]

Greetings, friends at Monacoin! As Komodo Platform has been working around the clock to fine-tune the multiple GUI's that are the face of our Agama multiwallet and BarterDEX atomic swap protocols, there have obviously been many bugs found and many debugged. However, one bug in particular was found not only in our Agama GUI wallet, but also in the zcash4mac GUI swing wallet. It is a simple bug, but it warrants your attention. This is a potential money cost bug, and as a Bitcoin-protocol cryptocurrency, your GUI wallet(s) may be susceptible. We are reaching out directly to the developers and communities of the 60+ coins featured on Agama and BarterDEX as the bug may have a direct impact on you (via your own wallet).

watchonly-GUI bug: 'watchonly' addresses appearing as your own in GUI wallet; users could potentially send funds to the address, unaware it is not theirs or available for withdrawal. You can import <any address> and it becomes a 'watchonly' address. The GUI will display the address as yours, add its funds to your balance, and accept deposits, but cannot be withdrawn. This could be a normal address, my address, a p2sh address, satoshi's address, etc. This can be confusing to an end-user and will lead to many headaches for the developer, as is always the case with misplaced funds.

FOUND: in Komodo Platform's Agama multiwallet (fixed) and zcash4mac GUI swing wallet (@jl777B: "newest QT wallet seems ok about watch only, but not sure of older and when it was fixed")

ex. @grewalsatinder found the bug in his zcash swing wallet: https://i.imgur.com/sVd0QTL.png

"satinder used zcash4mac, ie. the zcash osx GUI, not ours... the assumption is no GUI out there properly handles watch only addresses, until proven that they do... agama also had this bug, which we found and fixed, so it seems a very common bug to have"

SOLUTION: For the 'watchonly' address or any address not yours, the value 'ismine' returns false. Any such address gets filtered out.

QUESTIONS:

• How does your recommended GUI deal with watchonly addresses?
• Does your GUI display watchonly addresses as different than actual addresses in the wallet?

We need to experiment a bit to see which approach gets a better response triggering the bug. People WILL lose money if they send funds to a watchonly address.

"the t3 addresses in the 'Own Addresses' column! and they absolutely cant be as they are p2sh addresses. it is clear proof that the bug is very real and anybody that understands a p2sh address will understand it cant be something in your wallet. it is usually a multisig address, so only if it is a 1of1 multisig (possible but very silly) can you have a p2sh address that is spendable, but the wallet wont even know it... normal addresses can also be watchonly, which makes this even worse. in that case it would appear in the list of addresses just like all the others. even if you are able to spot p2sh addresses visually, it wont be enough"

We want to spread awareness and facilitate discussion of this bug to minimize the impact.

Of course - we can always talk about how you can use BarterDEX today to trade Monacoin via atomic swap directly with your peers, through our beta GUI and without downloading the entire blockchain ; ) That is how we found the bug, afterall.

Stay safe,
Jay

[kr1z1s]

Monacoin p2pool source - https://github.com/kr1z1s/p2pool-mona

Effectiveness tested on TestNet

Working node for Europeans miners - http://p2p-spb.xyz:2942/static/

[vic1217]

I'm curious, subscribed to the thread

Hi,
My MONA coins were on Coinomi wallet.
I wanted to exchange them using the built in exchanger and I set a very small fee (100 microMONA).
The transaction has hung.

What can be done in this situation?

[Calangaman]

Monacoin needs to get listed on another exchange than Bittrex. 0.2 fee if you want to withdraw,they are just stealing their custumers.

OMG yeah.  I just realize how much I spend on the fees.   Imagine if Monacoin was at $50 and they still charge .2.   Only benefits people withdrawing large amounts.

0.2 means 3$...

[Calangaman]

I'm curious, subscribed to the thread

Hi,
My MONA coins were on Coinomi wallet.
I wanted to exchange them using the built in exchanger and I set a very small fee (100 microMONA).
The transaction has hung.

What can be done in this situation?

Cancel the transaction and send the coins to Bittrex and make the exchange there.

[Dvijuha]

In this time Russia and all other world know obout MONA. All world know about Japan quality in all spheres: electronic/mechanic/kulture progress for all world. Japanese ingeneeres give this world so much! Let them know about 2nd bitcoin from our love Japan. ONLY POW, only true!))))

[Ginzink]

I were mining Mona for a period, but it looks like a pump is coming.
So i just trippled my position 

When you look at how much of crypto volume is from 3 asian countries, and this coin is so big in one of them. It was definately a coin to buy and hold for me!

[sawa]

Monacoin p2pool works fine - 4 blocks today. Connect your farms, links to p2pool nodes:
http://crypto.mine.nu:2942
http://p2p-spb.xyz:2942
http://siberia.mine.nu:2942
https://monacoin.crabs.pro
http://78.94.185.115:2942
http://93.184.160.140:2942

Settings for GPU mining:

SGMINER: "sgminer -k Lyra2REv2 -o stratum+tcp://crypto.mine.nu:2942 -u Your_MONA_PayoutAddress -p x"
SGMINER: "sgminer -k Lyra2REv2 -o stratum+tcp://p2p-spb.xyz:2942 -u Your_MONA_PayoutAddress -p x"
SGMINER: "sgminer -k Lyra2REv2 -o stratum+tcp://siberia.mine.nu:2942 -u Your_MONA_PayoutAddress -p x"

CCMINER: "ccminer -a lyra2v2 -o stratum+tcp://crypto.mine.nu:2942 -u Your_MONA_PayoutAddress -p x"
CCMINER: "ccminer -a lyra2v2 -o stratum+tcp://p2p-spb.xyz:2942 -u Your_MONA_PayoutAddress -p x"
CCMINER: "ccminer -a lyra2v2 -o stratum+tcp://siberia.mine.nu:2942 -u Your_MONA_PayoutAddress -p x"  

[yangS]

Monacoin on Binance would be great. this is a wish 

[Calangaman]

Perfect timing for informing your Japanese friends to buy MONA.

[arrivan]

Welcome to new pool for MonaCoin: MyPool.xyz
Example miner settings:

Code:

sgminer -k Lyra2REv2 -o stratum+tcp://mona.mypool.xyz:2942 -u "Address_you_MONA_wallet" -p x --expiry 1 --scan-time 1 --queue 0 --no-extranonce

Forum node

[paulus59]

 DataPaw Mining Pool : wen i set my monacoin wallet wit the option c=Mona   it stil give straks coin shares :

http://i64.tinypic.com/15ow2f9.jpg

please fix this , i am mining monocoin at your pool !


[EDIT]   looks like your algo is not oke = Lyra2v2   should be : Lyra2REv2

[lae]

[EDIT]   looks like your algo is not oke = Lyra2v2   should be : Lyra2REv2

lyra2v2 is a valid alias for lyra2rev2 - if you use ccminer "lyra2v2" is what you usually pass to mine mona. this is probably not related to your issue at that pool.