Topic: [ANN][MOON] Mooncoin: You know where it's headed! KGW exploit FIXED 4/3/2014 - page 201. (Read 1106889 times)

This could have been a great coin if the dev got more involved. I hope he regains the interest in his own coin, it would be a pitty if this is going nowhere

After a loooong time of consolidation following the pump and dump of the first phase, MOON is stable now, as it seems.

BTW: Momentary difficulty is ~15 with a hashrate of ~800 MH/sec.  

Seems to be a lot of bids. Afterall it can't go lower than 0 Litecoin

more buys, another bite of 50ltc at 6 litoshi!  


And the network hashrate is increasing...

I dont think this new miners want to dump faster...

A couple of weeks ago Ngaio posted one of NASA's anniversary celebration pics and a mention of the 45th anniversary but the post was promptly deleted by a mod - apparently postings about the Moon itself are considered off-topic.

Cheers

Graham

Hi,guys, the moon look bigger and brighter this summer. Especially tonight, it will become full on the same day it is in perigee, and appear in the sky as an enormous, glowing orb. We call it ‘Supermoon’.
So, dev, why not publish news?

??
That's not the official wallet by the original developer. He was suggesting a hard-fork, but I don't think chinatuakong is pursuing that plan anymore.
Just look at the price. Rose again - from 4 to 5 on the buy-side.  

I will hear good news from you.

If into my bids: yes.

For the rest: HODL also applies to Moon 

You mean I must sell my mooncoin before the 'Apollo period' ?

As a bonus chart, about 2 years of coin issue:



Please note that this graph does not take into account the slow period of Moon where coin issue got stuck for a while. Therefore, strictly speaking the x-axis cannot be seen as a gradual movement in time until today's date and the 1 year mark is a bit off. However, that does not harm our analysis.

We are about to enter the phase whereby 25 billion extra coins will be issued (the 'Apollo period'). This will be between blocks 193,000 and 203,000 if I understand it correctly. That will be about 10% of the total coin issue in year 1. I'm planning to pick up some Moons during that phase should Moon go to 1 Litoshi during that avalanche. We should reach that phase by the end of August 2014.

Long before year 1 is done, coin issue will have dropped considerably. That's why I think accumulation during the 'Apollo period' is an interesting strategy.

Tx for the donation  

wow, people is eating the ask! from 167 ltcs to 97 ltcs on 5 litoshi 

Yep. Sent some.

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

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

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.

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

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

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:


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.

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.