Author

Topic: [ANN][MOON] Mooncoin: You know where it's headed! KGW exploit FIXED 4/3/2014 - page 198. (Read 1106889 times)

member
Activity: 89
Merit: 10
Do you know that after 3000 blocks * 90 sec (form now on) = ~75 hours later production will drop sharply.   Grin
legendary
Activity: 840
Merit: 1000
Do you know that >%80 of the moon coin is already produced and it is in the circulation.  Kiss

80% of the 384bn total of MOON would equal ~307bn Mooncoins mined and in circulation. Where did you get that number from?

No...Please calculate from here.

https://github.com/realmooncoin/mooncoin

Section : Mooncoin details

You cannot calculate as exactly as necessary from those numbers alone, because MOONs rewarding-scheme is based on randomness. Would be better to pull the exact number off the blockchain instead. I thought you have a source for this - hence my question.
You could also look at http://coinmarketcap.com/currencies/mooncoin/, but as they seem to rely on the still stuck official blockchain-explorer, that number does not seem to reflect the correct amount either.

Long time random converges to average at moon coin.
Eg : If you play head and tail for 100.000 times (blocks) you will get ~50% ~50%

At my calculation it must bea near 150 B
http://coinmarketcap.com/currencies/mooncoin/  says it is at 138 B

So now i can say

Do you know that >%85 of the moon coin is already produced and it is in the circulation.  Kiss

How can your calculated 150 billion be ">%85", if the total amount of Mooncoins to be mined is >384 billion?
member
Activity: 89
Merit: 10
Do you know that total mooncoin supply will converges likely to 180 B.  Kiss
member
Activity: 89
Merit: 10
Do you know that >%80 of the moon coin is already produced and it is in the circulation.  Kiss

80% of the 384bn total of MOON would equal ~307bn Mooncoins mined and in circulation. Where did you get that number from?

No...Please calculate from here.

https://github.com/realmooncoin/mooncoin

Section : Mooncoin details

You cannot calculate as exactly as necessary from those numbers alone, because MOONs rewarding-scheme is based on randomness. Would be better to pull the exact number off the blockchain instead. I thought you have a source for this - hence my question.
You could also look at http://coinmarketcap.com/currencies/mooncoin/, but as they seem to rely on the still stuck official blockchain-explorer, that number does not seem to reflect the correct amount either.

Long time random converges to average at moon coin.
Eg : If you play head and tail for 100.000 times (blocks) you will get ~50% ~50%

At my calculation it must bea near 150 B
http://coinmarketcap.com/currencies/mooncoin/  says it is at 138 B

So now i can say

Do you know that >%85 of the moon coin is already produced and it is in the circulation.  Kiss
legendary
Activity: 840
Merit: 1000
Do you know that >%80 of the moon coin is already produced and it is in the circulation.  Kiss

80% of the 384bn total of MOON would equal ~307bn Mooncoins mined and in circulation. Where did you get that number from?

No...Please calculate from here.

https://github.com/realmooncoin/mooncoin

Section : Mooncoin details

You cannot calculate as exactly as necessary from those numbers alone, because MOONs rewarding-scheme is based on randomness. Would be better to pull the exact number off the blockchain instead. I thought you have a source for this - hence my question.
You could also look at http://coinmarketcap.com/currencies/mooncoin/, but as they seem to rely on the still stuck official blockchain-explorer, that number does not seem to reflect the correct amount either.
legendary
Activity: 840
Merit: 1000
Do you know that >%80 of the moon coin is already produced and it is in the circulation.  Kiss

I don't think it's 80%, is it?  I thought it was about half.  Way too many coins though.  I don't see the purpose with this massive hyper inflation.

The "purpose" of big amounts of coins is to broaden the base of the coin-holders and provide sane divisions of the single units over time (see the value of one Bitcoin in contrast to that). At least it is possible, if many people realize the advantage of that fact. Otherwise those that realize the advantage of issuing many coins at the beginning and don't sell early, will get exceptionally rich, if they are patient enough.  Wink
member
Activity: 89
Merit: 10
Do you know that
In few days Mooncoin production will decrease sharply againKiss
member
Activity: 89
Merit: 10
Do you know that >%80 of the moon coin is already produced and it is in the circulation.  Kiss

80% of the 384bn total of MOON would equal ~307bn Mooncoins mined and in circulation. Where did you get that number from?

No...Please calculate from here.

https://github.com/realmooncoin/mooncoin

Section : Mooncoin details
legendary
Activity: 3052
Merit: 1534
www.ixcoin.net
Do you know that >%80 of the moon coin is already produced and it is in the circulation.  Kiss

I don't think it's 80%, is it?  I thought it was about half.  Way too many coins though.  I don't see the purpose with this massive hyper inflation.
legendary
Activity: 840
Merit: 1000
Do you know that >%80 of the moon coin is already produced and it is in the circulation.  Kiss

80% of the 384bn total of MOON would equal ~307bn Mooncoins mined and in circulation. Where did you get that number from?
member
Activity: 89
Merit: 10
Do you know that >%80 of the moon coin is already produced and it is in the circulation.  Kiss
legendary
Activity: 840
Merit: 1000
The hashrate is stable at ~2 GH/sec. at the moment. Diff = ~40
Nice.  Cool
legendary
Activity: 1045
Merit: 1000
The maximum is 99.999.999 millions, i moved a lot of billions from cryptsy in this way  Grin Grin Grin Cheesy
legendary
Activity: 840
Merit: 1000

The second one could be someone pulling his Mooncoins out of Cryptsy. As Cryptsy only allows a maximum withdrawal of that amount, as far as I can remember.
The first one could also be a pool being paid out by the network to share among his members then.
But who knows? Anyway it's good to see the network working stable and fast.  Smiley
legendary
Activity: 3052
Merit: 1534
www.ixcoin.net
I don't think anybody dump more than 50 billion for 900 ltc = 4000$ with low prices on litecoin

I think there will be a battle between 3 and 4 litoshi, maybe some like 100 or 200ltcs on 3 litoshi and after this 10 days, it will grow progressively within the next 6 months, perhaps a few dozen litoshis or more if the developer signs of life  Grin

 Cheesy

Who could have 50 billion to dump?  That's impossible I would think given the total number of coins outstanding.
legendary
Activity: 1045
Merit: 1000
I don't think anybody dump more than 50 billion for 900 ltc = 4000$ with low prices on litecoin

I think there will be a battle between 3 and 4 litoshi, maybe some like 100 or 200ltcs on 3 litoshi and after this 10 days, it will grow progressively within the next 6 months, perhaps a few dozen litoshis or more if the developer signs of life  Grin

 Cheesy
legendary
Activity: 3108
Merit: 1531
yes
I don't know. Perhaps Moon will never move unless and until someone dumps hard into 1 Lithoshi.
legendary
Activity: 1045
Merit: 1000
I always mined @ Multipool (dedicated), worked fine. Its just the overload hitting the pools right now that makes it hard for my little miner to get through. Guess I'll have to wait until those Moons hit the exchanges....
Wekkel, what are your thoughts in relation to mooncoin after this 10 days with little rewards. Do you think mooncoin increasily will raise into litoshis over and over again... ? or there is something hidden that we don't know. Maybe news, or something...
legendary
Activity: 3108
Merit: 1531
yes
I always mined @ Multipool (dedicated), worked fine. Its just the overload hitting the pools right now that makes it hard for my little miner to get through. Guess I'll have to wait until those Moons hit the exchanges....
Jump to: