If you hear accusations (related to Mooncoin or to anything/anyone else), you can easily test if you are a newbie or not. A newbie believes everything.
A person with some experience 1) asks a simple question Cui prodest? (for whose benefit?). Also 2) does a research and 3) asks for a proof.
Let's discuss possible attack vectors against Mooncoin. First of all, security of network depends on a price. Lower price means less network hashrate and less security.
Obviously the possible attack vector is to drop a price - then a network hashrate will drop. If a price is less than 1 Satoshi, then Mooncoin is a subsatoshi coin, not listed at big exchanges, again less security for investors.
You realise that when a price rises, it means that investors see positive things. A lot of time, work, talents and other people's contribution is needed for making a price rise.
It's a big work of the whole community. A price rises when there are positive things, recognised by investors who make a research, and a higher price means for a Proof-of-Work coin more network hashrate and more SECURITY as a result. In 2014 the Mooncoin network hashrate was below 1 GH/sec, now it's 100-200 GH/sec. You can see if Mooncoin direction is wrong or not with facts, not with words.
While to make a price decline, it's not needed to do much work, to spend time, money, labour, to risk a reputation, to contribute talents etc. No. Just run some FUD, false accusations, add untrue or unconfirmed information from some wrong perspective, with words 'attack', 'hack', 'stolen', and newbies, people with bad translators, people who understand nothing - begin to sell. It looks like it's quite easy to make a price decline if you want to manipulate in this way. And it's absolutely not easy to make a price rise with anything, except honest and hard contribution of the whole community.
How to drop a price artificially? It looks like there are several possible ways:
1) a pure classic FUD (Fear. Uncertainty. Despair) or trolling - not very effective these days
2) suspicions and false accusations against old and new members, devs, investors, supporters, random people, whoever else - quite effective
3) false wisdom about why Mooncoin is unsecure (Proof-of-work, no master nodes/checkpoints etc) or just has no future economically - very dangerous if posts look like if they were 'professional', from 'experts'
4) people could say that a 51% attack or any other attack took place and was successful (even with no proof) - very effective
5) anyone could say that he was hacked (after he just moved coins to another his address) - effective for dumping a price.
Don't believe all that!
Look at agswinner. He told he's not a tech expert and owned more than 30 bil MOON and what he told:
He never lost even 1 Mooncoin except an issue with Cryptsy when he kept coins at an exchange. Obviously, agswinner as a not tech guy, who is quite active on the web and owns a lot of MOON in his wallets, could be the first target for thieves. But he never lost even 1 MOON since the very beginning of Mooncoin in Dec, 2013. Polemarhos888, too. As well as a lot of other people who just use normal or paper wallets.
Look at these 62 billion on the top address, if Mooncoin is not secure, why these 62B are still on this address (since January, 5)? Why don't hackers take them, if Mooncoin is so unsecure?
The community has to figure out how to be better protected against these attacks 1),2),3),4),5) in the future.
A person with some experience 1) asks a simple question Cui prodest? (for whose benefit?). Also 2) does a research and 3) asks for a proof.
Let's discuss possible attack vectors against Mooncoin. First of all, security of network depends on a price. Lower price means less network hashrate and less security.
Obviously the possible attack vector is to drop a price - then a network hashrate will drop. If a price is less than 1 Satoshi, then Mooncoin is a subsatoshi coin, not listed at big exchanges, again less security for investors.
You realise that when a price rises, it means that investors see positive things. A lot of time, work, talents and other people's contribution is needed for making a price rise.
It's a big work of the whole community. A price rises when there are positive things, recognised by investors who make a research, and a higher price means for a Proof-of-Work coin more network hashrate and more SECURITY as a result. In 2014 the Mooncoin network hashrate was below 1 GH/sec, now it's 100-200 GH/sec. You can see if Mooncoin direction is wrong or not with facts, not with words.
While to make a price decline, it's not needed to do much work, to spend time, money, labour, to risk a reputation, to contribute talents etc. No. Just run some FUD, false accusations, add untrue or unconfirmed information from some wrong perspective, with words 'attack', 'hack', 'stolen', and newbies, people with bad translators, people who understand nothing - begin to sell. It looks like it's quite easy to make a price decline if you want to manipulate in this way. And it's absolutely not easy to make a price rise with anything, except honest and hard contribution of the whole community.
How to drop a price artificially? It looks like there are several possible ways:
1) a pure classic FUD (Fear. Uncertainty. Despair) or trolling - not very effective these days
2) suspicions and false accusations against old and new members, devs, investors, supporters, random people, whoever else - quite effective
3) false wisdom about why Mooncoin is unsecure (Proof-of-work, no master nodes/checkpoints etc) or just has no future economically - very dangerous if posts look like if they were 'professional', from 'experts'
4) people could say that a 51% attack or any other attack took place and was successful (even with no proof) - very effective
5) anyone could say that he was hacked (after he just moved coins to another his address) - effective for dumping a price.
Don't believe all that!
Look at agswinner. He told he's not a tech expert and owned more than 30 bil MOON and what he told:
if it were so simple I would not be here.
He never lost even 1 Mooncoin except an issue with Cryptsy when he kept coins at an exchange. Obviously, agswinner as a not tech guy, who is quite active on the web and owns a lot of MOON in his wallets, could be the first target for thieves. But he never lost even 1 MOON since the very beginning of Mooncoin in Dec, 2013. Polemarhos888, too. As well as a lot of other people who just use normal or paper wallets.
Look at these 62 billion on the top address, if Mooncoin is not secure, why these 62B are still on this address (since January, 5)? Why don't hackers take them, if Mooncoin is so unsecure?
The community has to figure out how to be better protected against these attacks 1),2),3),4),5) in the future.
You have right !
