reward decrease will only decrease the amount of coins mined per day. nothing else.
that is good for the coin in the long term not short term. people will hold their utc because they know there is not as many coins that are made each day to be dumped. also more people would buy it for the same reason.
the amount of coins you have wont change, the amount of total coins wont change.
that is good for the coin in the long term not short term. people will hold their utc because they know there is not as many coins that are made each day to be dumped. also more people would buy it for the same reason.
the amount of coins you have wont change, the amount of total coins wont change.
Yes, I know exactly what Block reward decreasing will do.
But not as many coins to dump? I beg to differ.
Less coins, higher price means less coins dumped still results in same amount of BTC.
Rough calculations:
28800 LTC per day x $16 = $46000 USD per day
28800 VTC per day x $1.7 = $48960 USD per day
144000 UTC per day x 0.11 = $15000 USD per day.
As you can see, the rate of inflation of Ultracoin is 3x less than LTC and VTC at current price.
This means UTC could be at least 3x the price right now with similar demand as the other two.
But recently, as seen by the down trend, we are not even sustaining $15000 USD per day.
If we reduce the block reward to 10, naturally, price might go up about 4x right now.
But on the way, some big holders will start to dump their wad of UTC. So maybe 2-3x.
But with current demand level, we are no better off and will continue down trend.
So what we want is to at least gain 3x more people to buy/mine/trade more than right now.
But why stop there? Let's think of ways to do much better than that.
I'm not saying reducing the block reward to 10 is a bad idea. It's fine really.
But I'm saying that it's NOT the solution to the lack of buyers/miners/traders.
utc is going back to .00008 lets sing a utc song. 
if they don't work, pm me. 