I'm expecting a larger market cap once it becomes apparent that MCN is very useful right now with no changes to other CN coins! A lot of exchanges will trade crypto pairs without identification. If you have CN you can sign up and trade it for MCN. Then you open another exchange account and sell the MCN for other CN. There will be nothing linking old CN coins with new CN coins. The trail goes cold in MCN!
Being able to trade other coins against MCN is itself a valuable use (speculation) for the coin that puts it ahead of just about every other coin. What makes a coin valuable ultimately is that it is useful, and these trading pairs are an important milestone on that path for MonertaVerde.
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BoardAnnouncements (Altcoins)
Re: [MCN] MonetaVerde CryptoNote based Merged mining CPU only
Yep, absolutely no reason everybody shouldn't be merge mining. There's nothing to lose!
It's NOT split hashrate, if you mine XMR at 500H/s, and if you merged mined you would continue to mine XMR at 500H/s as well as MCN at 500H/s, at the same time, without using additional power.
It's soooo GREEN!
Is the term GREEN COIN a new thing or it was invented at the same time with the merged mining?
I highly doubt that someone knew about MCN in early 2011 when MM was invented
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BoardAnnouncements (Altcoins)
Re: [MCN] MonetaVerde CryptoNote based Merged mining CPU only
by
Watermelondea
on 13/08/2014, 08:22:16 UTC
MonetaVerde has a nice rate. I've only increased my money trading it...
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BoardAnnouncements (Altcoins)
Re: [MCN] MonetaVerde CryptoNote based Merged mining CPU only
There needs to be more emphasis on the fact that MCN is a GREEN COIN.
What exactly does this mean? Well, merged mining.
You can merge mine this coin along with any other cryptonote without losing hash power or increasing resource usage in any way.
The entire 19MH/s on XMR right now, could also be mining MCN at the same time. Yes, FREE money that apparently nobody knows about.
This is a good marketing point.
Thank you for all your hard work Dev!
Never heard this term "GREEN COIN". So if we can get coin by merged mining it is called green coin?
Yep, that's right. And I'm wondering how big is the list of green coins
It's Green coin because due to energy savings, isn't it?
That's right! Btw, I am curios what pool do you use to mine MCN? Minergate or Extreme pool?
I mine on Extreme pool, it has higher h/r and no problems with rewarding
I'v been mining on extremepool until it crashed some days ago, so I started solo mining and think it's great to mine independently
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BoardBounties (Altcoins)
Re: [BCN] Bytecoin media fund - CALL TO ARMS!
by
Watermelondea
on 03/07/2014, 21:25:45 UTC
Finally donated 400k. Good luck BCN
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BoardPolitics & Society
Re: Why do you hate government?
by
Watermelondea
on 27/06/2014, 03:48:51 UTC
Stupidity. Ok i understand that goverment is essential and without it our society will be a total mess BUT there are so many stupid people in the goverment! Or they are just pretending to be stupid while stealing my money?
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BoardMarketplace
Re: Ebay/Paypal's ridiculous fees
by
Watermelondea
on 27/06/2014, 03:30:30 UTC
Despite all the douchebaggery of Ebay its relatively safe at least.. But still they get no excuse for their fees
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BoardMarketplace
Re: Pizza for bitcoins?
by
Watermelondea
on 27/06/2014, 03:01:52 UTC
This thread will live forever. Bitcoin + pizza = the best combination ever! mm hmm!
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BoardBitcoin Discussion
Re: Forbes Article Predicts Bitcoin Value will "Explode"
The problem with exploding prices is that volatility inhibits usage as people are scared to go in or spend. But increased usage would make the price explode. Not sure how this can be tackled.
Agreed. I can't see Bitcoin going fully mainstream until the price has stabled out. Any guesses on how long that may take?
But with mainstream acceptance, naturally loads more people will be acquiring BTC. So I would think that would cause value to rise. Then once acceptance has grown to a large enough level, I imagine the price would stabilize.
in that case, it would be considered more of a speculative asset than an actually useful currency. and that's why i think it'll never be a currency, and if it does become one, it won't be for a long, long time.
Even today bitcoin does have some characteristics of a currency. It is lacking being a store of value as it's price is volatile however the price volatility has subsided this year and hopefully the price will be mores stable in the future.
It is something in between the currency and speculative asset. So, the "kind of" regulation might have positive impact on the price stability of bitcoin. But is the price stability what the bitcoin holders are expecting today? I am not sure..
Price stability is ultimately what it needs to prosper. I would def say that bitcoin is closer to a speculative asset then a currency
It stands somewhere in between. But i think i will be moving to the "currency" side.