Topic: [MOON] Mooncoin 🌙 move to a new thread - page 33. (Read 317751 times)

Amazing how many ppl say that about every coin.

   smh

Thanks for the update on the fork and other information   i very feel very confident about the future of mooncoin with the new team in place and making progress i am sure mooncoin will have a successful future  i think this is a excting time for mooncoin

Good afternoon ! I am satisfied from your news.  

224 billion Mooncoins in circulation as of today 9th July 2018 (https://coinmarketcap.com/currencies/mooncoin/)

Why was the stock not reduced in the fork to make this a more viable coin?

Hi all,

The fork went really well. I'd love to take credit for that but I can't. James and Vas did a great job putting together a solid software update. We've been observed the hash rate fluctuating since the fork and the blocks are much more consistent than before even when large pools went into maintenance and significant hash power was lost.
The Dev team is currently working on a minor software update that should hopefully be ready for release soon. Most of the updates are related to ease of use and consumeability of the current full node wallet. As well as improvements to encourage development on the mooncoin platform and ease the release of future software updates.
The reward reduction was part of the fork. This reduction puts the cost of mining one mooncoin at 3 santoshi with 20 gh network hash rate. This cost and is only going to increase as the network hash rate grows. So be patient, there will be an inflection point at which people stop selling mooncoin at a loss. Basic economics will take mooncoin to the moon in the long run so don't despair.
As we do have a whole marketing team now. I do plan on letting them handle most of the community updates. And I do coordinate with them but I'll try to post a little more often.

This kind of updates is ethical only when there is no future without fixing a serious issue which requires a mandatory update.



It already happened in June, known issues with network (block time, difficulty readjustment) were fixed, SegWit (which in the theory enables possibility of Lightning network and smart contracts) was implemented, mining reward now is below 5,000 MOON instead of more than 16,000 before (according to the choice of the community). No new coin was created, no one gained/lost even 1 MOON due to this event itself, people have to update the wallet to use it safely in the future (and more than 70 percent of nodes, including exchanges, block explorers, mining pools updated even before the block 1,250,000), no maintenance at exchanges due to that, Coinexchange.io, for example, updated their wallet several months before June.

That was a great event which several devs were preparing since 2016 and the community was waiting for since 2014, it opens a wide road to further progress with implementing of new features and it looks like no mandatory updates will be needed in the future (at least in 2018-2019) after that.  

Edit: markets are irrational, especially in a short term period, no one can predict them, even good news can lead to lower prices.    

Regarding Smart Likes: they are not like Facebook likes for social networks, they are blockchain based.
A dev (P.Stanton) told he's working on the tech (and on other things) currently. Some update from him at Bitcointalk would be appreciated.

Is it worth spending more time on this coin? Fork this and fork that...

With this July fork, will the currency be worth more than 10 satoshi? Is SmartLikes already being used in any social network ?

Are there any exchanges where i am able to deposit moon to or are they all in maintenance from the fork?

http://1.bp.blogspot.com/-PBkLcxo2kVQ/UdttKxNZU8I/AAAAAAAAARA/saHfmiBXjCA/s1600/Moon+Fish.jpg

 

Mother Russia fits the bill of a 6' 4'' blonde weight lifter

lol   yes perfectly accurate image! lol

anyone actually try to send coins? lol

hm  Knife would/could be cutting off a code line.... and
SPoon is spoon feeding some of the less intellegent ppl out there.     (yes thats on purpose)

   might need a big spoon.



HardDish? is that like a 6'4" blonde weightlifter?  lol

Thank you. Glad it made you smile. I stopped posting on them ages ago but Fudster was fun while I posted

 

Nice

I want the KNIFE update

any news on That!

so we have a KNIFE AND FORK

I read several of the posts in both topics.  hilarious lol



This fork was going on for along time.  just to update the wallet, clean up the code.

  had some trial thing that wasnt liked and its removed.

This isnt the 'New coin' hardfork.  (they need to call that something else...like SplitFork?) lol

hm.   Copyrighted - Split fork  its mine now!

   Thats worth 1million Fudster coins

One reason for forks all round all over the crypto markets is to update code and add improvements as well as fix bugs - so that part makes sense.

Another is because it is like the Bitcoin Cash effect where another group of coders or those wishing to try to line their pockets with more cash decide to hard fork against the wishes of the majority just so they can take control of a chain. There are so many reasons (some good some bad and some plainly wrong) to have forks including swaps and lowering the supply.

Many investors need to update their wallets before a particular date to stay with the fork or with the swap otherwise they lose out and cannot do anything if they return to the crypto world with all this forking going on when they are not around so the only winners would be the team behind the fork and those who forked.