Pages:
Author

Topic: •*´¨`*•.¸¸.•*´¨`*•.¸¸.•*´¨`*•.¸¸.• MOIN TAKEOVER •.¸¸.•*´¨`*•.¸¸.•*´¨`*•.¸¸.• - page 2. (Read 6762 times)

hero member
Activity: 597
Merit: 506
We're edging closer to the swap now. I think we're going to increase the supply ten-fold with everyone getting back 10x the old Moin they burn. 800k just doesn't seem a sensible amount for a currency. We've a few other things in store. Sorry we've been so quiet, we intend to do this right so won't be releasing anything until it is ready. But we believe it will be well worth the wait.
legendary
Activity: 1596
Merit: 1011
seems to be in the pump price. hold and hold. make me rich from this coin  Grin Grin
hero member
Activity: 597
Merit: 506
Any news on the takeover?

Yes, sorry it's been a while since the last update. We're essentially done on the code side now just a little more testing and then the design work for the wallet/rebrand. Once that's done we'll post the swap instructions for everyone. Stay tuned.
full member
Activity: 135
Merit: 100
Any news on the takeover?

Name:   KingCaper
Posts:   246
Activity:   246
Position:   Sr. Member
Date Registered:   November 10, 2014, 03:54:35 PM
Last Active:   August 06, 2015, 03:41:09 PM

one more week dev not active
full member
Activity: 135
Merit: 100
sr. member
Activity: 440
Merit: 250
hero member
Activity: 1540
Merit: 500
hero member
Activity: 597
Merit: 506
No takeover ever works. Ever.

Reason being that the purpose of the takeover is to salvage the investment of the bagholders that are the main holders of the taken over project, thus putting the project in the most disadvantageous situation possible with the unfairest distribution possible. Why would anyone in his right mind invest in a take over which is extremely unfairly distributed when they can choose hundreds of projects already working properly and/or fairly distributed if they want to go with new projects?

Failure is guaranteed.

I can think of one project just off the top of my head that's in a far better state since being taken over.
Regardless, no project has ever been taken over by us. Ever.

The most "disadvatageous situation possible" would be to have no team behind it at all. The "unfairest distribution possible" would be for all the coins to be in the hands of one person. MoinCoin had a PoW period comparable to most recent PoW->PoS coins, and distribution is ongoing. A Large chunk of the supply is just sitting on YoBit. One reason someone might decide to invest in this rather than some other project is that around 0.05 BTC will currently buy you around 1% of the entire supply, which is probably far cheaper than it would have been to mine it and probably far cheaper than to get a similar share in whatever AwesomeLogoCoins were launched by 0-activity devs today.

Nonetheless, we've no intention of trying to entice people to the project with rhetoric. Smart investors shouldn't be swayed by our words any more than by yours. Ultimately it'll be the work and development that does the talking, and it'll be the work and development that the project's judged upon. The rest is just noise.

legendary
Activity: 1162
Merit: 1000
No takeover ever works. Ever.

Reason being that the purpose of the takeover is to salvage the investment of the bagholders that are the main holders of the taken over project, thus putting the project in the most disadvantageous situation possible with the unfairest distribution possible. Why would anyone in his right mind invest in a take over which is extremely unfairly distributed when they can choose hundreds of projects already working properly and/or fairly distributed if they want to go with new projects?

Failure is guaranteed.
legendary
Activity: 1624
Merit: 1005
I wish you all love and profitable investments!!!
is the coin being kept as is or is there still talks of a swap in the works?

We're currently in the coding/design/testing phase but a swap will absolutely be going ahead once we have everything to our liking, even if that takes a few more weeks. Pretty much every aspect of the project will be overhauled and if all goes to plan the improved Moin will give holders a significant number of new features and give us a solid base upon which to build. We think people will be pleasantly surprised.


Sounds very promising. Thanks and do your best! Smiley
hero member
Activity: 597
Merit: 506
is the coin being kept as is or is there still talks of a swap in the works?

We're currently in the coding/design/testing phase but a swap will absolutely be going ahead once we have everything to our liking, even if that takes a few more weeks. Pretty much every aspect of the project will be overhauled and if all goes to plan the improved Moin will give holders a significant number of new features and give us a solid base upon which to build. We think people will be pleasantly surprised.
hero member
Activity: 597
Merit: 506
Got my first stake woohoo onto the next soon from moin

Nice Vash, thanks for supporting the network.   Cool
legendary
Activity: 973
Merit: 1053
is the coin being kept as is or is there still talks of a swap in the works?
sr. member
Activity: 530
Merit: 253
LDOGE aka Litedoge -stakeable 2.0 doge
hero member
Activity: 597
Merit: 506

Staking interest rate's 9% and the Windows wallet and source are in the OP.

Thank you to everyone who took part in the IRC giveaway! Things will be a little quieter on our end for the time being while we work on the design and testing of the wallets for the coin swap. We'll keep you posted.
sr. member
Activity: 530
Merit: 253
LDOGE aka Litedoge -stakeable 2.0 doge
hero member
Activity: 597
Merit: 506
Moin Monsoon Season (3 days left)


1000 Moin will be shared between everyone in our irc channel at 19:30 GMT tonight.


#moin-crypto
hero member
Activity: 597
Merit: 506
I think this coin has a great potential as a rare coin. Good job, Caper! Smiley

Thanks Coinmin, there's a lot to be done but we're making steady progress. We should be finalising our choice of coin to fork from today and then we'll be starting work on the new wallets.

sr. member
Activity: 483
Merit: 250
Moin Monsoon Season (Final 4 days)

4K Moin still to be given away in our IRC channel.


#moin-crypto


I think this coin has a great potential as a rare coin. Good job, Caper! Smiley
Pages:
Jump to: