Moonco.in - Betting + Bitcoin <> Namecoin Exchange

MrMoon

member

Activity: 76

Merit: 10

Cosmonaut

Quote from: dacoinminster on August 23, 2011, 08:08:09 AM

Quote from: MrMoon on August 22, 2011, 10:00:15 PM

Quote from: dacoinminster on August 22, 2011, 10:03:38 AM

I'm not sure what 100 mc = 1 BTC/NMC means, since bitcoins are different from namecoins, and the ratio of them isn't a meaningful store of value . . .

That means that 1 BTC = mooncoins (bitcoin mooncoins) or 1 NMC = 100 mooncoins (namecoin mooncoins). They are segregated throughout the whole site and you maintain two different balances.

The idea about the * 100 is to make it easier to bet if you have smaller amounts of coins.

Two different currencies with the same name seems needlessly confusing to me. You already have an exchange on the site, so why not consolidate into one currency: make 1 mooncoin = 1 USD? Then anyone betting on your site is not ALSO betting on the value of an e-currency rising.

Best of luck to you . . .

Interesting idea but I have no intention of starting my own currency.

I will try to make it more clear throughout the site. Thanks for the feedback.

Maybe I'll call them bitchips and namechips.

dacoinminster

legendary

Activity: 1260

Merit: 1031

Rational Exuberance

Quote from: MrMoon on August 22, 2011, 10:00:15 PM

Quote from: dacoinminster on August 22, 2011, 10:03:38 AM

I'm not sure what 100 mc = 1 BTC/NMC means, since bitcoins are different from namecoins, and the ratio of them isn't a meaningful store of value . . .

That means that 1 BTC = mooncoins (bitcoin mooncoins) or 1 NMC = 100 mooncoins (namecoin mooncoins). They are segregated throughout the whole site and you maintain two different balances.

The idea about the * 100 is to make it easier to bet if you have smaller amounts of coins.

Two different currencies with the same name seems needlessly confusing to me. You already have an exchange on the site, so why not consolidate into one currency: make 1 mooncoin = 1 USD? Then anyone betting on your site is not ALSO betting on the value of an e-currency rising.

Best of luck to you . . .

MrMoon

member

Activity: 76

Merit: 10

Cosmonaut

Quote from: dacoinminster on August 22, 2011, 10:03:38 AM

I'm not sure what 100 mc = 1 BTC/NMC means, since bitcoins are different from namecoins, and the ratio of them isn't a meaningful store of value . . .

That means that 1 BTC = mooncoins (bitcoin mooncoins) or 1 NMC = 100 mooncoins (namecoin mooncoins). They are segregated throughout the whole site and you maintain two different balances.

The idea about the * 100 is to make it easier to bet if you have smaller amounts of coins.

dacoinminster

legendary

Activity: 1260

Merit: 1031

Rational Exuberance

I'm not sure what 100 mc = 1 BTC/NMC means, since bitcoins are different from namecoins, and the ratio of them isn't a meaningful store of value . . .

MrMoon

member

Activity: 76

Merit: 10

Cosmonaut

Namecoin <=> Bitcoin exchange added to make it easier to bet on anything on the site.

MrMoon

member

Activity: 76

Merit: 10

Cosmonaut

Now we support e-sports escrow betting as promised. Come try it out and let us know what you think!

upisdown

member

Activity: 322

Merit: 10

I like the tables.

MrMoon

member

Activity: 76

Merit: 10

Cosmonaut

Ram upgraded =)

MrMoon

member

Activity: 76

Merit: 10

Cosmonaut

Quote from: doublec on June 28, 2011, 02:47:26 AM

I look forward to namecoin support!

Quote from: marcus_of_augustus on June 28, 2011, 06:58:09 PM

double that ... will be first site to accept NMC for buying something, well other than domain names.

It is now supported. Please check it out and tell me what you think of it.

MrMoon

member

Activity: 76

Merit: 10

Cosmonaut

Quote from: iopq on June 29, 2011, 10:45:13 PM

if the client is much faster and more responsive, I'd move my play to it

holy crap betco.in is slow

It would depend what region you are in. Our servers are located in North America.

I still have a few planned improvements on the server and some hardware upgrades that should give a nice boost in performance too.

iopq

hero member

Activity: 658

Merit: 500

if the client is much faster and more responsive, I'd move my play to it

holy crap betco.in is slow

FreeMoney

legendary

Activity: 1246

Merit: 1016

Strength in numbers

Quote from: MrMoon on June 29, 2011, 12:42:53 AM

Quote from: FreeMoney on June 29, 2011, 12:35:35 AM

Quote from: MrMoon on June 29, 2011, 12:27:38 AM

Quote from: FreeMoney on June 29, 2011, 12:03:17 AM

Quote from: anisoptera on June 28, 2011, 01:56:54 AM

Competition that's using our codebase is always nice.

I think copying the whole web layout is BS.

Do you have a problem with open source development in general? You think it would somehow be better if I just moved around the layout a bit? I focused on changing what I thought was most important on a poker site (what you see the most), the table.

Maybe I was a little harsh, I don't think it's wrong or anything. I'm sure you've got more improvements/additions coming too.

I don't think you should move things around for no reason, but time spent building or improving something is an indication that you plan to stick around which is important with something like this.

You can follow all my improvements at my github here: https://github.com/MrMoon/Mooncoin

I have already started the early steps to implement name coin. I did some refactoring of the Finance::Bitcoin module and Catalyst::Bitcoin model to work with namecoin. I will publish these soon as I can confirm they are working.

I would definitely like to do a lot more work on the site but unfortunately I will be limited by the time left from my normal programming job.

Please check back and see our changes. I will announce them in the thread as I roll them out.

I would also like to mention our servers are on different sides of the world so it is possible different people may have better connections to one or the other.

I appreciate you taking the time to reconsider my position.

Yeah, I had a negative reaction to seeing what looked like the exact same site. But thinking about it now and seeing you are working on improvements I realize it can only be good to have multiple groups adding features and options and customizing.

MrMoon

member

Activity: 76

Merit: 10

Cosmonaut

Quote from: Adiamante on June 29, 2011, 02:11:58 AM

Just checked it out. Kinda like it and have a few ideas....how many members do you have so far?

Thank you, It is hard to tell between active members and people who just registered to take a look. There is usually at least 1 person on it at most times. We have roughly had ~60 people register so far, which is fairly good considering how recently we launched.

Feel free to share you ideas on the github issue page, in our freenode channel, by email or even here.

Adiamante

newbie

Activity: 28

Merit: 0

Just checked it out. Kinda like it and have a few ideas....how many members do you have so far?

MrMoon

member

Activity: 76

Merit: 10

Cosmonaut

Quote from: FreeMoney on June 29, 2011, 12:35:35 AM

Quote from: MrMoon on June 29, 2011, 12:27:38 AM

Quote from: FreeMoney on June 29, 2011, 12:03:17 AM

Quote from: anisoptera on June 28, 2011, 01:56:54 AM

Competition that's using our codebase is always nice.

I think copying the whole web layout is BS.

Do you have a problem with open source development in general? You think it would somehow be better if I just moved around the layout a bit? I focused on changing what I thought was most important on a poker site (what you see the most), the table.

Maybe I was a little harsh, I don't think it's wrong or anything. I'm sure you've got more improvements/additions coming too.

I don't think you should move things around for no reason, but time spent building or improving something is an indication that you plan to stick around which is important with something like this.

You can follow all my improvements at my github here: https://github.com/MrMoon/Mooncoin

I have already started the early steps to implement name coin. I did some refactoring of the Finance::Bitcoin module and Catalyst::Bitcoin model to work with namecoin. I will publish these soon as I can confirm they are working.

I would definitely like to do a lot more work on the site but unfortunately I will be limited by the time left from my normal programming job.

Please check back and see our changes. I will announce them in the thread as I roll them out.

I would also like to mention our servers are on different sides of the world so it is possible different people may have better connections to one or the other.

I appreciate you taking the time to reconsider my position.

FreeMoney

legendary

Activity: 1246

Merit: 1016

Strength in numbers

Quote from: MrMoon on June 29, 2011, 12:27:38 AM

Quote from: FreeMoney on June 29, 2011, 12:03:17 AM

Quote from: anisoptera on June 28, 2011, 01:56:54 AM

Competition that's using our codebase is always nice.

I think copying the whole web layout is BS.

Do you have a problem with open source development in general? You think it would somehow be better if I just moved around the layout a bit? I focused on changing what I thought was most important on a poker site (what you see the most), the table.

Maybe I was a little harsh, I don't think it's wrong or anything. I'm sure you've got more improvements/additions coming too.

I don't think you should move things around for no reason, but time spent building or improving something is an indication that you plan to stick around which is important with something like this.

MrMoon

member

Activity: 76

Merit: 10

Cosmonaut

Quote from: FreeMoney on June 29, 2011, 12:03:17 AM

Quote from: anisoptera on June 28, 2011, 01:56:54 AM

Competition that's using our codebase is always nice.

I think copying the whole web layout is BS.

Do you have a problem with open source development in general? You think it would somehow be better if I just moved around the layout a bit? I focused on changing what I thought was most important on a poker site (what you see the most), the table.

FreeMoney

legendary

Activity: 1246

Merit: 1016

Strength in numbers

Quote from: anisoptera on June 28, 2011, 01:56:54 AM

Competition that's using our codebase is always nice.

I think copying the whole web layout is BS.

MrMoon

member

Activity: 76

Merit: 10

Cosmonaut

Quote from: marcus_of_augustus on June 28, 2011, 06:58:09 PM

Quote from: doublec on June 28, 2011, 02:47:26 AM

I look forward to namecoin support!

double that ... will be first site to accept NMC for buying something, well other than domain names.

That is really neat to know, I made some good progress on this today. But I have other things to work on so I gotta put off trying to finish until this weekend.

marcus_of_augustus

legendary

Activity: 3920

Merit: 2349

Eadem mutata resurgo

Quote from: doublec on June 28, 2011, 02:47:26 AM

I look forward to namecoin support!

double that ... will be first site to accept NMC for buying something, well other than domain names.

Topic: Moonco.in - Betting + Bitcoin <> Namecoin Exchange (Read 6812 times)