500 for you guys that mined it before it was anywhere
45 for anyone now or in the future
Yea, great way to garner new interest in your project (if you can call it that)
We have mined very few coins. Most of the early adopters and miners from the 500 era dumped their shares onto the open market. That's one of the reasons the price is so unbelievably low at this point.
Don't take this as me being a dick, because I'm totally 100% neutral on caring whether this one succeeds or fails. I'm just saying that as an outside observer, if I were someone who was about to invest into crypto currencies, I would definitely do my homework and research before blindly throwing money at something. The history of this coin is just too tainted to garner any real, worthwhile investors.
Again, not trying to be a dick so don't take this as an attack, it's purely outside observation. I have no idea what you guys are doing or plan to do, I'm just telling you that the most readily available information makes this look shady as fuck compared to other coins I can put my money into just as easily
I don't take this as you being a $ick. Your time and input are highly valued.
Best thing you could do, in my opinion, is go back to the 500 GLD block rewards, and start the natural process of lowering it back to 49 in increments.
Obviously, this would most likely not work at this point and just further dilute the per coin price, but going from 500 to 49 in one jump looks greedy as shit. If you had gone like 500, 250, 150, 100, 49, you would be a lot better off. Or even 500, 400, 300, 200, 100, 49
Don't blame it on the code. You didn't need to reduce it like 90% just to fix the code from generating coins for infinity. You could have just as easily raised the lifetime cap
Right now it just looks like a money grab