Topic: [ANN][MOON] Mooncoin: You know where it's headed! KGW exploit FIXED 4/3/2014 - page 19. (Read 1106906 times)

A very limited supply like Palcoin and a too abandant supply are both hurtful for any coin, the market is always right as it estimates the value in the eyes of the users not what some people think it should be.
Many coins say they have innovative features that will fix what is broken in Bitcoin, but they never reach the value they think they provide in the eyes of the users.

I think there are high chances that moon reaches at least 10mln capitalization . Remember that moon was abandoned for its excessive number (vs Bitcoin) Idem fedoracoin is an "abbandoned coin" but with 423bln total supply now, where is in the ranking mkt cap? Number 7  
In comparison the price of moon would be 0.000073$
Now moon value is 0,000001 strongly undestimated Coin ....

Monopolies are bad for any economy, yes and no.

(Thinking out loud)
In the mooncoin case in short term the awnser is maybe no.
If i dump all my mooncoins for doge the moon price will go to near to 0.
It will take some time recover from that, also i would do it is phases, bringing moon down for a longer period of time.

How ever it would be better if all my moon had other owners, i mean a lot of other owners, that would increase user penetration, thats a good thing.

off-topic: MOON is a coin thats in crypto terms pretty old, it will not go away, the price can not go much lower in btc terms.  In moon/doge
maybe.
Some bigger stakeholders are collectors, there mission is to collect so manny moon as possible. keeping it out of rotation. That`s a good thing in my book.

An important idea of Moonlite (not the most important though, but anyway) is to allow users to input commands at forum and on their websites.
The point is transparency and no need of additional soft.
Why do you need a mobile app for Android/iOS if you can simply log in with your iPhone or Android and input commands?

More friendly graphical user interface could always be implemented later, but commands anyway have to appear transparently, and have to be able to be seen by anyone.

Now it's testing only, anyone is welcome to share thoughts, ideas, suggestions.
In the upcoming version of Moonlite there will be some new commands that will add cryptographic proof-based features and will allow to record data and to keep it forever ( a verifiable record of data), also one of challenges is to protect users against deleting or editing posts with commands or other intentional efforts to attack ML, it takes some time to implement the defense and to add new commands, it is in progress.

If any developer would like to contribute to the decentralized development, please contact us.
Also MOON is ready to support any time-tested, well-known and fair coin even if it is being bashed now.

Independent "altcoin republics" are better than "one single coin empire", be it any coin.
Monopolies lead to unfair competition, when one competitor or group of competitors harm another in the field, and there is usually antitrust law, a collection of laws that regulates that, to promote fair competition. Time will tell, maybe there will be a kind of competition law in crypto economy.

No, Abiky, that's impossible to reach $0.01 SOON.
A price of $0.01 would provide a market cap of more than $2 billion and it's quite impossible,
and that would be unfair, because first adopters would become too rich.

Monopolies are bad for any economy, and let's hope that MOON will be one of market players with a market cap of $1 million - $50 million in the near future.
A real goal is the best approach.

I've read your previous posts about Moonlite and it looks very useful. Still, I need some more time to get a better understanding of it, but as far I've read, it could have a really strong potential. This would be even better if it could be implemented into a mobile app for Android/iOS for peace of mind and user friendliness. Something like a GUI, instead of using commands would be really helpful. Just my suggestions. 

P.S I'd bet that soon MOON prices will reach at least the $0.01 mark. That is my goal and that's why I keep buying and holding it. 

When the command is processed, the result is available at Moonlite block explorer,
which is currenty available at http://mooncoin.com/unixtime_which_you_input_in_your_command.txt
Later people will be able to run their own block explorers.

The output (result) for the command above has been already automatically created and is available at http://mooncoin.com/1463578952.txt.
which indicates that a current SMART LIKES rate for DOGE is 0.00000050.

Edit: note: that doesn't mean that you can get 1 DOGE for 0.00000050 moonlite,
that means only that you can make 1 DOGE smart like with 0.00000050 moonlite.

Edit:
In fact for any crypto a SMART LIKES rate is equal to its BTC market rate, to make it easy to understand and to calculate.
for BTCUSD or LTCUSD a SMART LIKES rate is equal to their dollar market rate, again to keep it simple.
Thus, LTCUSD and LTC smart likes are different likes, and you are not able to trade or exchange them, only LIKE and UNLIKE each of them separately.

SMART LIKES is a completely new thing and the SMART LIKES rate only indicates how many moonlite you will "mine" or "burn" depending on how smart your likes are, how successful your predictions are. The information about how many SMART LIKES you have made is being kept in a public register and you can always check it with a command mlbalance, it will indicate not only your moonlite balance, but also your SMART LIKES if you have made them.

Edit: in an advanced upcoming version of Moonlite you may like or unlike any web page and to benefit from your likes.

For example, let's try now to get a current rate of DOGE.
Edit: in the advanced upcoming version of Moonlite market data will be extracted from several independent and trustable sources to prevent any significant deviation in market data, and if market data cannot be exctracted (for example, DDOS attacks simultaneously against all exchanges from which market data is being extracted) in this case your command simply will not be processed.

Edit: the information above and below is outdated.

a LIKE command of Moonlite decentrlalised OS is already described in
Moonlite commandline usage examples.
https://bitcointalksearch.org/topic/m.14792483

and you are welcome to try it.

Edit: the information above is outdated.

Edit: outdated information.

That is good to know! Glad to hear that this will be even better than online wallets. True transparency by showing inputted commands are a great way to keep track what happens to sent Moonlite, etc. The new command totally looks interesting. Looking forward for more exciting Mooncoin updates like these. 

A new command will be added which will allow to create a limited, small number of moonlite by any user (MOONLITE.GENESIS) for testing, so we will not need to send moonlite manually to all Bitcointalk users and that will make a distribution more decentralized.

Online wallets are yesterday, you don't need them if you have Moonlite, you input commands at forum, commands are being recognized and processed automatically, it's a transparent way - you see commands other people input, you can ask them to help, you don't need installing any soft or using 3rd party services, you just need to log in and input commands. And you are always able to send your moonlite to your Mooncoin address, and then you can move them only with your Mooncoin wallet.

Thanks for letting me know about this. This makes it a great way to transfer moonlite to any BitcoinTalk user which is pretty handy by the way. I was thinking of an online Mooncoin wallet which could have pretty cool features like the integration of Moonlite to be able to like a project, etc. Looking forward for more exciting stuff like this. 

If something is unclear, feel free to ask questions.

can i have a link that explains the moon lite more

That exists, but it cannot be like normal explorer as the format of Moonlite is different, it's a completely new thing so now during tests we need to find out how to organize it in a better way.

The link to the block explorer?
As you can see in moonlitecommandline usage examples it is http://mooncoin.com/ unixtimestamp which user inputs in command .txt
it shows the output of processed command. This .txt file is being created automatically as soon as a Moonlite web crawler has recognized and processed a new command.

Nice. What is the link to the block explorer? What I suggest is it is better to use a more friendly and readable block explorer. Maybe you can create a hostable block explorer like normal bitcoin/mooncoin blockchain explorer for moonlite.

Your command has been processed! And you can see the result at the block explorer mlbalance=0,
now as soon as our command is processed, you can check your balance again with another command.

moonlitecommandline: sendfromforum receiver user204672 quantity 25000 unixtime1463239414 !tothemoon

moonlitecommandline: mlbalance user204672 unixtime1463238622 !tothemoon