Topic: [ANN][0.8.6] Hirocoin - X11 - NGW - Secured Blockchain - Time Warp Limitation - page 46. (Read 271683 times)

People over-estimate coin supply and it's pretty simple to prove it. If coin supply was that important, why isn't 42coin valued more right now? And what about 13coin?Because it's not about coin/supply, it's about offer/demand. A cut in supply could increase market value for some time, but this is short-term thinking.

Fundamentals are what count overtime and Hirocoin has long term thinking embedded, so best thing to do is to find another coin if you're a day trader.

i am mining with suprnova and i am very happy, i am actually the biggest miner of HIRO at your pool Gonna mine HIRO more and maybe other coins also.

Suprnova Pool here:

https://hiro.suprnova.cc

Currently no fee with Vdiff + Stratum
Idle Worker Notifs, DDoS protected/Load balanced and all the goodies you need.

Get your Hiro's and don't forget to withdraw them !!


We are safe against all sorts of fake share attacks!

Bad ass coin with bad ass devs. So scared. 

Hi Hirocoin holders,
Thought I'd peruse other boards whilst my #1, BC, is in a holding pattern.
Anyhow, this high volume high @ 1900 followed by very low relative volume and then sideways consolidation is just asking for a re-test of that high...soon.
Looking good.

JL

Understand that changing the inflation model gives an unfair advantage to all those who bought in early. I believe that the early starting difficulty was the correct way to start Hirocoin by making lots of coins available quickly, however reducing the coin reward pushes it into the realm of unfair. The only reason people want the coin reward reduced is to see the price increase. I think it odd that we get a rush of people asking for a coin reward change and only see it as an expression of greed. It is not that you want to buy into a scarce coin, but that you want a coin that you have already bought into to become more scarce. The coin reward is not going to be changed.

Hiro can be greater than other p&d COINS.

Maybe we are not bold enough to believe it can even succeed to be a runner up to litecoin.

With limited cap, we may realize that imagination.

I am sure if we create a poll and vote, 90% of Hiro users will vote for reduction of Hiros to some more acceptable number, 200 million or similar.
If Hiro users think something is good for the coin, I strongly believe devs should consider this.

Otherwise only Hiro devs might be left to play with the coin. It is all about the community. Once the community is not happy, well, I ll take my hashrate somewhere else. Just to be clear, I am not talking about money, I am talking about Hiro being considered as something relatively rare and worth of having, store of value, which is the main purpose of cryptos at the moment.

Yes, Man. As i said, HIRO is a innovative coin, which have bee actually destined to succeed, but only hang around due to large supply.

we can not compare HIRO to doge, even recently to comm. they have large community and followers.

but to some extent, HIRO is no comparison to these coins at current stage.

If we adapt HIRO a little, HIRO will certainly catch eyes.

We are just offering some suggestions, because the devs are initiating some events to communicate with community.

If you call suggestions foolish, i think your remarks only speak for yourself, who is nothing but vulgar.

Yeah, I think the only problem so far is the coin supply.  There are great features coming and I REALLY appreciate all the hard work. I've been trying to market it big time around twitter. But ppl often ask me about the coin supply, they get scared.

Lets say we get to 250M coins mined by the end of the month (just an example). With that, our market cap would then be 1.4M instead of 149k, keeping the actual price per coin. Thats bad. Me, as an early investor of the coin, wouldnt like to keep my coins. It would be better to just sell it already since the price should probably fall or at best be static. Miners wouldnt like to keep it as well, because they wouldnt expect a great increase in value per coin, creating then a bigger dump in the market and causing the price to go down even more. It turns into a snowball.

Hiro has all the right stuff to be successful, I plead that you listen to the majority of your community and cut the total supply to at least 100M. The coin would thrive.
I know some of you are pointing that the price doesnt make the coin a winner, but it DOES catch eyes to investors and miners.
Combine that with the good x11 algo, multipool, new features and all the hard work you already do, and you got yourselves a coin everyone will be talking about in a blink of an eye.

Edit: I dont wanna be mean here, but you shouldnt be comparing this coin to doge. I personally love Doge, it started as a joke, it is still that, and its great at it. But keep in mind the whole environment/coin plan is a lot different than what Hiro is trying to achieve. I dont see Hiro as a joke.

Any suggestion of changing the coin supply is extremely foolish.

It's like if the federal bank decided to tomorrow remove half of all money in circulation. It would perturbation buying power and value. 2 things you don't do to someone's money.

I understand more than most. I hope that Hirocoin will be a popular coin and supply will not prevent that from happening. Look at Dogecoin, our total supply is tiny compared to theirs and came in much much faster than ours does, Doge started with random rewards of up to 1 million a block so could produce 1,440 million coins a day. Dogecoin hit 50% of their supply in just months but that does not cause upset. The reward will not be changed in Hirocoin, the inflation model will stay the same. As said, be wary of developers who cut coin supply to increase the price of their coin.

I'm not chinese just someone not getting much sleep lately what the hell does that say?

减下量 立马起飞；老外不懂

Hiro IS a great coin in X11.

If hiro build a multipool, i am sure it will attract good amount of hash power.

but frankly speaking, ppl are scared away by the supply.

if we reduce the supply to a reasonable level, HIRO can easily reach to the height of BC or even more.

I am just expressing my opinion because the team is willing to hear

When you talk about success you are talking about the value going up in the market, this is your definition of success. You have bought coins and hope that if I cut the amount produced then they will gain in value.

When you bought into Hirocoin we had this inflation model, why now is it suddenly a problem?

There are some people, like myself, who are not focused primarily on the money. I want to support and work on coins that are well coded and maintained which is what Hirocoin is. I am here to try to progress the crypto coin software and that is what I am working on. I consider any dev that reduces their coin reward as greedy and are putting profit before their coin. Reducing the reward will only work once and then what, reduce it again.

Please consider your motives.

finally someone with me. the enormous supply will scare ppl away even with such innovation. there are thousands of coin claiming innovation right now. they do have some points.

what make this coin stand out is that HIRO acts as forerunner of X11 and we have planned multipool.

But with such great amount of supply. ppl are hesitate to come.

Sorry to step in but supply cut IS necceasy for the coin's success. the less coins mined, the more coins stored and used for shopping etc. why is blackcoin success, lets use btc instead, because they both have a small supply and a lot of innovation behind them. this coin has innovation coming and brewing but too much supply. 64mill is a great idea

1. In ~1.6 years the supply will be 336 million coins.
2. At that point the block reward will be reduced to 200 coins per block.

As stated we will not change the inflation model. Hirocoin is not just about market value, besides there is still plenty of room for price increase even at the current rates.

There will be demand for non-Scrypt coins and we will fill that demand. Adaptive-N is not protected against ASIC and I believe they use Salsa 20/8 which has been broken by differential analysis so you will see Scrypt ASICs that do not even need memory onboard nullifying the safeguard that adaptive N promises. The safest place from ASICs is currently X11. It will take a while but at some point this will be realised. If you are focused on price then that would probably be our moment for a major market cap increase.