Hello to all.I have been lurking for a very long time in BCT, and this is the first time I'm posting therefore don't criticize me.
I have a suggestion.Why not reduce the total number of coins from 672m to ~100m or less(The coins will be 6 time rarer and the price will rise accordingly (IMO).I think the existing investors would appreciate it) and especially number of coins per block from 400 to 100 or less (the price can't sustain 576000 coins per day with such a low volume as ours cause it's became one of the most profitable coins to "mine and dump" by multipools.Marketcap for this coin didn't fell in the past month, what’s more, it rose a little ).Then why the price fell more than 250% and continue to fall?. Soon enough it will be less then 100 sat
It's a great coin with excellent developer team and great community.
It would be a shame that this great coin dies but shitcoins continue to live.We all know that the price is a main driving force of any coin.
I want to know what the developer team and especially the community thinks about this, maybe make a poll or something.
I hope I put up my thoughts correctly because English is not my first or second language
Just my 2 hiros
Thank you
Your English is good!
This is an example of an alteration to the coin's original specifications that would help the value quite a bit, but the hiro team has refused to consider it when others have brought it up in the past. They say it's 'unethical' to change the original specs of the coin. Seems like they'd rather see Hiro go to 1 satoshi than to do what you and others have suggested or anything else that would dramatically help the coin and spark new life into it. Hiro is helping Darkcoin right now, which is very generous, but while helping out that coin, Hiro should look at the changes Darkcoin made to their coin specifications *after* launch to boost the coin's value and community excitement.
Is it unethical to be relevant, do everything possible to protect the investments of your community, to seriously consider what your investors are asking you to do even if these suggestions are outside of the hiro team's personal comfort zone? I don't think so, but Joeri and his mates banish all suggestions that fall outside of their original line of thinking, no matter how ineffective their causes may be toward the coin's value and market interest.
I think the hiro team is a group of some of the nicest people in crypto, really I do. But it's as if they started an advertising company before the internet age, and everyone is telling them to now advertise online, yet they refuse and only stick to paper fliers and billboards because that's what they told their original clients they would do. Hiro team - crypto has grown up and evolved around you. Staying true to the original plan feels like you guys are just being stubborn and prideful.
At the start, when your community complained about the coin's performance, Joeri would remind us how young the coin was and how the coin needed time. Time has come and gone.
Then people started offering ways to bring greater value to the coin by reducing the coin count or moving up the block halving. Joeri responded by telling us we were unethical for suggesting changes to the original specification and proceeded to spend weeks on a logo design contest instead.
Investors thought things were bad when the coin was at 1k sat, then at 800 sat, and now you're often under 200 sat. When people ask if the coin is dead, your response is that the coin is very much alive, then provide us with a progress report containing items you're working on that make little to no impression on your community and certainly not much to the market at large.
Then you tell us not to worry because you're working on important security features. As another community member pointed out in an earlier post - who needs security when fewer and fewer people are interested in hirocoin? I wonder, is that really the right thing to worry about right now? Some of us have doubts that greater security alone will bring interest to this coin.
Further, you remind us how being an X11 coin will have people flock to Hiro as the weather warms this summer. This is old old old news and has been for quite some time. There are a countless number of X11 coins on the market that are faring much better than hiro, are much more responsive to the needs and wants of the community without calling us unethical for suggesting ways to improve the coin, and I believe *those* are the coins miners will flock to this summer. Why? Because those are actually profitable coins to mine, and people feel these coins have greater potential for even more profit going forward.
So where does this leave us? It's tough to be critical of the guys behind hiro because they are kind, patient, and willing to take the hits like the gentlemen they are. But guys, I think you can be both nice and strategic at the same time. Being strategic can include things like being transparent, releasing newsletters, beefing up security standards, starting a multipool (Omar, you seem like a straight up, smart dude, btw), but strategy also means looking around and constantly evaluating what is working, what is not, listening to the community (there are some smart people in the hiro community - it would behoove you to consider their 'radical/unethical' ideas), and making adjustments to the coin quickly and ahead of the curve. You may have a few people call foul for changing any original intent, but guess what? Successful businesses change their parameters all the time if it means it will help the product, the investors, and ultimately bringing innovation to the market. Hirocoin feels like it's stuck in the stone age.
Joeri has labeled people like me unethical and impatient in the past. Do you guys still think I am those things now? I believe Hiro has potential - lots of coins do - but you guys need to accept that some radical changes must be made to the coin if you're going to swim with the sharks and win. We want you to win. We're telling you that your current ways are hindering your own success. Please for the love of God, listen to what your community is telling you rather than banish us cuz you don't like what we have to say and because it's not aligned with your 'strategy.' Many of us feel your strategy is off the mark, and you may be working hard on the wrong things.