Post
Topic
Board Announcements (Altcoins)
Re: [ANN][MUSICOIN] Musicoin Embedded Player & New Online Forum! 🎸🎸
by
mbdmbn
on 16/01/2018, 16:06:11 UTC
when you mine this coin do you only get the block rewards? I was mining and it doesnt pay me in tiny little peices every now and then like the other mines do, any place where I can mind that you recommend ?

http://music.orchardcoins.com/ If you like transparency and 0 fees, you'll get paid less "often" compared to a bigger pool like http://musicoin.miningclub.info which has a 0.5% fee.

Basically you'll get paid the same in the long run whatever pool you choose, but you have to factor in the luck of a pool, if it's not lucky, you won't be having much luck either.

Total coin supply is uncapped at the moment, that could all change in the future.

so nobody knows how many coins this coin has?

Don't worry about if there's a cap or not, it doesn't affect the economics of the coin.

They keep printing US dollars, 1 dollar is worth 1 dollar because people value it at 1 dollar.

The value of this coin has a value placed on it in the same way.

In the future when the Musicoin team add more infrastructure, like an app for example, then people will add more value to the coin, likewise, if people see that nothing is being added, value will be taken away.

This coin is still very young, and it has a long way to go yet. A couple of months ago a lot of people were complaining about UBI and how they wouldn't ever see their ROI once it was implemented. They all changed tune last week during the highest peak and I'm sure some of them cashed out for around 9 or 10 times their ROI.

When Bitcoin was the same age as this coin, a lot of people asked, why would I invest my money into this crap?

I'd bet right now, a lot of them wished that they had.