Topic: [ANN][MOON] Mooncoin: You know where it's headed! KGW exploit FIXED 4/3/2014 - page 310. (Read 1106887 times)

Sure it is a basic rule. Everyone has to keep it in mind.

basic rule: BTCNever invest money you can't afford to loseBTC...

I invested a bit in Moon on Crytpsy and Xivra on Coinedup. Xiv´s already paid off, after initial miners and early supporters sold off their coins. I still think I was too early in selling, though.
With Moon I won´t make that mistake. I will keep mine for a while yet.

Thinking about doing this myself!

I personally would love to see MOON coin take on an image of promoting the public understanding of Science - COSMOS by Carl Sagan is a cult classic and the new remake by Neil Degrasse Tyson could be embraced.

I think once the dev returns (he is injured currently isn't he) the wheels can be put in motion but ultimately there needs to be community action to keep the coin growing e.g. advertising etc.

HOWEVER - we must learn from Catcoin (and other applicable coins) where the dev is not active and a group of people decide to call themselves 'the board' and start pushing and pulling the coin in different directions, fighting on the main thread, abusing each other and ultimately deciding to fork the coin with or without support from others.

Coins die when the future is uncertain or overly bleak. This coin has a real chance to do a Dogecoin. Strong support, create uses for the coin, push for acceptance as a legitimate currency amongst the Crypto community (they still think of MOON as a scamcoin, it is even forbidden to talk about MOON and other 'scamcoins' on btc-e trollbox under penalty of banning by the admin for example).

Last but not least, we need to keep it profitable. If there is no money to be made from it it will die. The fact of the matter is without miners mining transactions come to a halt, difficulty decreases, value decreases, volume decreases, coin dies. Miners do not mine a nonprofitable coin (except for the religiously attached and even they give up eventually).

While the value of the coin will keep dropping until the majority of early adopters have dumped their coins (those who are not holders) it will spike back up after. The buy power is still strong for this coin, it just happens that the sell power is far stronger right now.

I don't understand the logic of putting all these massive sell walls at 20-30. Moon coin was rising fast, why are we killing its potential?
Get rid of the sell walls and if you do want to sell sell higher and more spread out give Moon a chance to develop, this is why you invested in the first place? Or if you don' t care about moon as a coin use common logic... there is great interest in buying the coin but people are put off by the amount of sell orders. Lets face it why would people still even buy now with so many sell walls but they still do, it is fighting to stay at 17.

Everyone selling has to understand that you are part of your own problem.
As long as those walls are there it will be very unlikely big players want to invest. The funny thing in this scenario is that if in the absolute best case we do get a big whale to buy all the sell walls, those same sellers will feel they made a mistake for selling so early. So the best thing you can do right now is to lift the walls and wait a few days and see what happens. It will be very very unlikely you get a worse price then 17 for your money. It will be more likely to rise, the concept of moon is fun and friendly and could be a great coin to invest in. In the end it is simple people will invest in a coin that goes up and has a good name with potential.

I have a lot of mooncoins and could right now sell them at a nice profit but why would I? My initial investment was made to support moon and see it go up longterm. So please use your logic, take the sell walls away and let it thrive.

No, sold everything and going to rebuy back in once it gets below 4 satoshi again.

Is anyone just leaving a couple of BTCs in moon coin and waiting for it to skyrocket?

i think right now the biggest problem with mooncoin is its specification. what i mean is that there are only 24,6 billion mooncoins at the moment whereas on average each and every day nearly 1 billion new mooncoins are mined, that is about a whopping 4% of all mooncoins in existence.
and if you look at the market depth at cryptsy you will see that i only takes 2 billion moon to froce the price down to 3 satoshi.
that being said as long as the price is stuck and nothing drives it up, it is more likely that the price will go down rather than up as sell pressure slowly increases with each day. moreover i think whales are aware of this and therefore they will wait a little time before they step in at lower prices.

nevertheless i think mooncoin has great potential to see prices of around 100 satoshi on the long run and thats the reason why i am still watching it closely to buy in again. but mooncoin needs a team of people who really take care for it. there seem to be a lot of great ideas for its promotoing around, but as long as nobody really organizes things most people will only be here for the quick profit.

well done, so buy some moon and bring your money in to the pot. we need more people like you. It is not trolling, I think it is true. I have some mooncoins too, so will be glad if it will rise to jupiter.

Iam really interested in seeing what the dev have next for the coin as for marketing or support? Since the big pump and now we have panic sales
I will ride the rocket to the moon and ride it back down to earth people please have faith

I mined on 1700 kh for 13 hours on mooncoinpool.com and got only 30k coins instead of expected 60k (on difficulty 281)!
They tell me about random and PPLNS and bla bla bla. But the pool got 25333966 for 54 blocks found = 1055581 per block. So it looks fine for 0 - 2000000 random reward.

I mined DOGE (Random. PPLNS.) for a while and got about 10-20% less than estimated. But definitely not 50%!

Is something wrong with mooncoinpool.com? Or should I not panic and mine a bit longer?

Donation site: http://www.spacecamp.com/scholarshipfund

Current donors

1. adsoyo - 200,000 MOON
2. madcoin - 250,000 MOON  500,000 MOON
3. Fayens - 2,250,000 MOON 2,500,000 MOON
4. eskamilio - 300,000 MOON 600,000 MOON
5. FiatKiller - 1,000,000 MOON
6. DRobert - 250,000 MOON
7. nosf009 - 250,000 MOON
8. vegus - 1,000,000 MOON
9. mooncointalk.info - 1,000,000 MOON
10. b4dger - 100,000 MOON
11. puvar - 250,000 500,000 MOON
12. Wekkel - 1,500,000 MOON
13. rtopz - 100,000 MOON
14. JoeRigs - 600,000 MOON
15. i8 - 200,000 MOON
16.

TOTAL: 10,300,000 MOON

Copy/Paste The list,donation site, and add yourself (for donation) it will keep the list self organised and clean.

OK, couldn't resist pushing this over 10 million

Donation site: http://www.spacecamp.com/scholarshipfund

Current donors

1. adsoyo - 200,000 MOON
2. madcoin - 250,000 MOON  500,000 MOON
3. Fayens - 2,250,000 MOON 2,500,000 MOON
4. eskamilio - 300,000 MOON 600,000 MOON
5. FiatKiller - 1,000,000 MOON
6. DRobert - 250,000 MOON
7. nosf009 - 250,000 MOON
8. vegus - 1,000,000 MOON
9. mooncointalk.info - 1,000,000 MOON
10. b4dger - 100,000 MOON
11. puvar - 250,000 500,000 MOON
12. Wekkel - 1,500,000 MOON
13. rtopz - 100,000 MOON
14. JoeRigs - 600,000 MOON
15.
16.

TOTAL: 10,100,000 MOON

Copy/Paste The list,donation site, and add yourself (for donation) it will keep the list self organised and clean.

China default could mean decrease in bitcoin value, which translates into a decrease in altcoin values.

Mostly speculation though. But you know how people are, they tend to over react in crypto markets.

For promotions of Moon coin, I can try to get a business involved with producting LED Moon Coin necklesses and customized glowsticks. If anyone is interested, let me know. It will help me know how much demand there is so I can pass on the message to him.

What relevance does this hold in regards to MOON?

http://www.forbes.com/sites/gordonchang/2014/01/19/mega-default-in-china-scheduled-for-january-31/

For information about China and Jan 31

I generally agree, I'd have to say that I wish the developers/team behind MOON would get more involved.  The things you mentioned are good and we also need:

-Mooncoin Foundation (similar to most of the major cryptos).  Ex: Worldcoin Foundation is super active in promoting the currency, based on their twitter messages.  This will also provide legitimacy to people that DO want to donate, they can "trust" someone to manage this.

Thats not a huge order based on trade volume, just go on cryptsy