[ANN] MON | Monocle | Merge Mined on VTC Vertcoin - No Premine - Scrypt-N - page 6.

xgtele

sr. member

Activity: 288

Merit: 250

Quote from: silencesilence on September 30, 2014, 04:06:37 PM

Quote from: xgtele on September 30, 2014, 03:48:17 PM

Cool specs bro, but where I can spend MON? Looks like nobody accept it at all and even Bittrex has removed MON from their trading pairs. Other than that - MON is definitely must to buy coin!

We will see

I like the coins and how their developers started, there was a slight delay in the project, but hopefully things will get better!

For the protocol I have only 600 MON in my wallet, but I expect after 4 years each coin at least $ 10

Don't forget

Quote from: prometheianz on July 02, 2014, 03:15:07 AM

2014-07-01 16:13:56 Sell 0.00006000 143634.36884719 8.61806213

Wow who the hell was this on Poloniex with 15% of MON currently in existance??

Please someone to make Rich list of MON WALETS

Yeah, I remember this huge sell and today all these coins are 20 (!) times cheaper

silencesilence

legendary

Activity: 1120

Merit: 1000

Quote from: xgtele on September 30, 2014, 03:48:17 PM

Cool specs bro, but where I can spend MON? Looks like nobody accept it at all and even Bittrex has removed MON from their trading pairs. Other than that - MON is definitely must to buy coin!

We will see

I like the coins and how their developers started, there was a slight delay in the project, but hopefully things will get better!

For the protocol I have only 600 MON in my wallet, but I expect after 4 years each coin at least $ 10

Don't forget

Quote from: prometheianz on July 02, 2014, 03:15:07 AM

2014-07-01 16:13:56 Sell 0.00006000 143634.36884719 8.61806213

Wow who the hell was this on Poloniex with 15% of MON currently in existance??

Please someone to make Rich list of MON WALETS

xgtele

sr. member

Activity: 288

Merit: 250

Cool specs bro, but where I can spend MON? Looks like nobody accept it at all and even Bittrex has removed MON from their trading pairs. Other than that - MON is definitely must to buy coin!

silencesilence

legendary

Activity: 1120

Merit: 1000

Quote from: xgtele on September 29, 2014, 03:56:47 PM

People are still buying MON on Poloniex :-)

Why they are doing it?

The answer is in the MON specifications

Quote from: BorisTheSpider on April 26, 2014, 02:50:52 PM

Specifications:

Premine: Zero

Algorithm: Scrypt-N, merge-mineable on the VTC chain

Block time: 2 minutes

Retarget: Every 12 blocks using BRNDF. Starting difficulty 2.0

Block reward: 25 MON per block, then decreasing by approximately 3% every 10080 blocks (2 weeks). First 1000 blocks ramp up gradually from 1 MON to full block reward. After block 1,468,415 (approximately 5 years and 7 months) only fees will be mined.

Total circulation: 8.4 million MON

TX fees: No free transactions, 0.01 MON base TX fee
Ports: Mainnet RPC port 6888, mainnet P2P blockchain sync port 6889. Testnet RPC 16888 and p2p 16889.

IRC: Freenode #vertcoin

Distribution over 5.6 years (after which time only fees are mined):

Initial distribution:

xgtele

sr. member

Activity: 288

Merit: 250

People are still buying MON on Poloniex :-)

Why they are doing it?

jwinterm

legendary

Activity: 3136

Merit: 1116

Quote from: silencesilence on September 24, 2014, 04:37:34 PM

MON Rich List Huh

lol I don't even think there's a MON block explorer.

silencesilence

legendary

Activity: 1120

Merit: 1000

MON Rich List Huh

cubevtc

sr. member

Activity: 496

Merit: 250

Ceck me in livestream twith

Quote from: silencesilence on September 22, 2014, 10:07:05 AM

MON/BTC
24-hour Volume: 0.02252838 BTC - Poloniex

probably soon they will remove MON from the exchange Huh

buy and sell guys

Doubt they will remove MON anytime soon. MON will be the first to be used for testing once Lyra2 is out (in November?). Polo knows this. We can expect a spike. There are those who speculating on a quick gain.

xgtele

sr. member

Activity: 288

Merit: 250

Quote from: silencesilence on September 23, 2014, 01:03:06 PM

Quote from: xgtele on September 23, 2014, 11:57:46 AM

Looks like you are right! All buy orders is worth only 0.16956699 BTC.. Sell before its gone!

ha ha ha

and you are a good Wink

, you probably put this Buy order

0.00000210 53000.06632103 0.11130014

Oh yeah

ha ha ha

Buy MON before its gone!

silencesilence

legendary

Activity: 1120

Merit: 1000

Quote from: xgtele on September 23, 2014, 11:57:46 AM

Looks like you are right! All buy orders is worth only 0.16956699 BTC.. Sell before its gone!

ha ha ha

and you are a good Wink

, you probably put this Buy order

0.00000210 53000.06632103 0.11130014

xgtele

sr. member

Activity: 288

Merit: 250

Looks like you are right! All buy orders is worth only 0.16956699 BTC.. Sell before its gone!

Quote from: silencesilence on September 23, 2014, 05:54:17 AM

Quote from: silencesilence on September 22, 2014, 10:07:05 AM

MON/BTC
24-hour Volume: 0.02252838 BTC - Poloniex

probably soon they will remove MON from the exchange Huh

buy and sell guys

ha ha ha.... after this post someone sold off
Grin

the cowards always lose

silencesilence

legendary

Activity: 1120

Merit: 1000

Quote from: silencesilence on September 22, 2014, 10:07:05 AM

MON/BTC
24-hour Volume: 0.02252838 BTC - Poloniex

probably soon they will remove MON from the exchange Huh

buy and sell guys

ha ha ha.... after this post someone sold off
Grin

the cowards always lose

silencesilence

legendary

Activity: 1120

Merit: 1000

MON/BTC
24-hour Volume: 0.02252838 BTC - Poloniex

probably soon they will remove MON from the exchange Huh

buy and sell guys

beitris.dwlul

member

Activity: 84

Merit: 10

Worked for me. Got the block chain downloaded. Just waiting for one of the pools to switch over!!

MinermanNC

legendary

Activity: 2198

Merit: 1000

I just found a block while merged mining with Vertcoin Grin

WOOT~

xgtele

sr. member

Activity: 288

Merit: 250

MON is an abandoned coin now..

S_tring

full member

Activity: 252

Merit: 102

OPEN Platform - Powering Blockchain Acceptance

I notice none of the 2 MON block explorers are working?

Equate

hero member

Activity: 770

Merit: 500

Quote from: cubevtc on September 02, 2014, 06:08:02 AM

Quote from: Brilliance on August 26, 2014, 05:25:55 AM

Well, I'm not going anywhere... I still believe in the VTC / MON community.

I'm not sure that many understand (other than us) how fast the block rewards are going down for this coin though and that it's going to be very rare in the future. It's not a BTC clone in regards to distribution at all.

I just wish the VTC community would see the potential in this coin. It's just a matter of perception and that's why it would be great if the devs could highlight MON as something else than a testcoin for new VTC features. It's much more than that, it's "Vertcoin Limited"... at least in my eyes.

Yes, there is a great number of supporters of Vertcoin. This is one of the strength of Vertcoin unlike many altcoins. MON has its place in the Vertcoin community. Unlike the big brother VTC, MON is deflationary. It will grow in scarcity as time goes.

I have some of Monocles mined and didn't sell when price was good and at current price there is no point in selling . But now VTC is struggling and I hope if VTC recovers then MON might rise again.

jwinterm

legendary

Activity: 3136

Merit: 1116

Quote from: cubevtc on September 02, 2014, 06:08:02 AM

Quote from: Brilliance on August 26, 2014, 05:25:55 AM

Well, I'm not going anywhere... I still believe in the VTC / MON community.

I'm not sure that many understand (other than us) how fast the block rewards are going down for this coin though and that it's going to be very rare in the future. It's not a BTC clone in regards to distribution at all.

I just wish the VTC community would see the potential in this coin. It's just a matter of perception and that's why it would be great if the devs could highlight MON as something else than a testcoin for new VTC features. It's much more than that, it's "Vertcoin Limited"... at least in my eyes.

Yes, there is a great number of supporters of Vertcoin. This is one of the strength of Vertcoin unlike many altcoins. MON has its place in the Vertcoin community. Unlike the big brother VTC, MON is deflationary. It will grow in scarcity as time goes.

umm, aren't they both deflationary, since they will both get mined out eventually? They just have different approach to cutting block rewards, vert does it in abrupt halvenings like btc, while mon uses a constant exponential decay like monero.

cubevtc

sr. member

Activity: 496

Merit: 250

Ceck me in livestream twith

Quote from: Brilliance on August 26, 2014, 05:25:55 AM

Well, I'm not going anywhere... I still believe in the VTC / MON community.

I'm not sure that many understand (other than us) how fast the block rewards are going down for this coin though and that it's going to be very rare in the future. It's not a BTC clone in regards to distribution at all.

I just wish the VTC community would see the potential in this coin. It's just a matter of perception and that's why it would be great if the devs could highlight MON as something else than a testcoin for new VTC features. It's much more than that, it's "Vertcoin Limited"... at least in my eyes.

Yes, there is a great number of supporters of Vertcoin. This is one of the strength of Vertcoin unlike many altcoins. MON has its place in the Vertcoin community. Unlike the big brother VTC, MON is deflationary. It will grow in scarcity as time goes.

Topic: [ANN] MON | Monocle | Merge Mined on VTC Vertcoin - No Premine - Scrypt-N - page 6. (Read 145934 times)