I've been talking to kassado on #bittrex, and it looks like he thinks anything over a 20% PoS rate is too high. Our 200% is 10x that. One thing I was thinking of to limit the exponential growth of this coin was to patch it so that PoS reward goes down over time to settle at a rate like 10% or so. Thoughts on this? Ideas how we could smoothly do this to keep the coin viable?
don't change anything. Please don't play central banker. Alot of us invested real BTC because it was 200% PoS.
CAP is forking to 200% and its trading at 10k SAT. Nothing wrong with high interest. Even Sunny King himself said that low interest is TOOO LOW. Cryptos are volatile you need high interest to protect investors and attract new ones.
Don't screw this up by listening to other people. You set the network parameters at launch, stick to them.
Glad to hear some support in favor of keeping the high interest rate. I think the interest rate of coins these days is too low also. If we are "encouraging bagholding" like #bittrex said, I would say that is way better than continuous dumping...don't you think?
Trust me when I say this. Don't change the interest rate. In my eyes its actually a scam type of move because it rewards early adopters and hurts late investors. You need to give people equal chance no matter at what stage they invest in the network.
Keep everything as is.
Could not agree more with this!
+1
There are coins in bittrex with high interest rate such: SUPER, DIG, and some more with starting interest > 20% such as JPT, ROM, OPC.
