Topic: [ANN][BDG][BADGERCOIN] POW MULTIPOOL X11/Scrypt/SHA256 - POS LIVE -12h min stake - page 22. (Read 137472 times)

Of course you don t have to, don t get me wrong. I m still truly thankful for what you do, like we all are. But with creation comes responsibility and i think the devs' comings and goings are newsworthy, especially when it comes to realize important implementations. It s not about stalking you, this kind of transparency and comprehensibility is an inner value of any lively community.

Probably you're missing one point
YOUR NUMBERS!

Those rates are pure madness and only a bagholder whos only concern is to count how many conis he has would be able to say something like this.

With that amount people will have no incentive to spend , just hoard till all their hoarding is worth 1 satoshi.
Also , you're missing some key features about pos , you're concentrating on just one.

Agreed and like I say we will look into it and see what we can do, will also add it to the feature request page of the new website which we'll add etas and costings if there are any.

Stompix general thoughts about currencies are correct. Additionally, looking at POS, its main purpose is independance from POW. The network survives just by people leaving their wallts unlocked. A very good concept because it s efficient not only concerning power consumption. Reducing supply because people baghold is a side-effect but is not the main purpose of POS.

Nevertheless, I think your idea is interesting. But before raising mid- or long-term interest we really need to focus on reviving this coin by stimulating demand.

Sorry but since when did we have to tell everybody each devs every comings and goings?  We work on it as much as we possibly can, and update news when its newsworthy.  We have already said we are working on a new website where we will add some of your ideas like feature etas, until then please stop badgering us with the same thing over and over and your negativity (all be it mixed in with very good ideas and plans)

Ok, you got it. Understood. Did you share these facts about unavaiable devs before? If i missed it, sorry, one more reason to implement a news section. Do you think i like to be annoying or that i am driven by some kind of vanity? I just vehemently demand sharing of information to keep this community connected with Badgercoin. Please make my petitions unnecessary by generally communicating important news and by doing this more regulary. Thanks for your update anyway, if you need help or funding, pm me.

Sorry but we're not going to rush functions to a working wallet, not only will the community need to decide if they want this but it will need fully tested as we don't want to risk a fully working coin by rushing a fork.

 
First of all, it would be very nice if you could stop using big black or little red letters, it is very uncomfortable and even a little bit annoying to read. We understand the importance of your thoughts even if you use a normal fontsize and -color.

With all respect, i think it is you that is looking at the concept incorrectly. "Active selling" (not sure what passive selling would be) is nothing else than supply in terms of market mechanisms.

Furthermore i disagree that it would provide any incentive just to raise interest for long-term holders. What you do is simply force short-term inflation. Might be even dangerous for a currency with currently limited buy support. The problem is not the supply, people actually should use their coins even if it s for speculation. This creates volume and attracts investors.

But before any Badgercoin holder can sell his coins, there must be reasons for an investor to buy it. Do you see any indications for that on poloniex? I don t. Guess why... really, you guess, because i don t want to repeat myself again.

also a very good point, maybe we need to think of doing it the other way, lowering first year interest and evening it out.

Don't do it this way.
This will kill the coin by making all the people hold their coins and limit actual use.

It has been clearly shown that success comes with use (doge and btc) not with people holding their coins and staking them forever.

We will defiantly consider the idea, there would have to be some manual setting for options maybe in the coin age window, where you select how long you are prepared to wait.

Would you stop saying the same thing over and over again, we got the message and agreed! we have already stated what we are working on, 2 of the devs are currently away one of them is the one that will be looking at anonymous sending, he is back in just over a week.

We are still working on the new website inc a news page and updates on the multipool.  when there is more news we'll post more news.

Part of the problem is we're all holding the coins, there are 360k coins on poloniex, and less on bittrex and 14m total coins.

Although this is a good idea i strongly disagree that it would have any influence on demand. Right now, everyone has to admit: There is no such thing as a demand for Badgercoin. Less than 1 btc volume on poloniex, partly from multipool. If supply shrinks because of people bagholding the coin, no demand will rise from that fact. A common misunderstanding of market mechanisms, to my mind.

I m repeating myself, sorry, but the only thing reasonable is to make this coin more attractive by adding popular or new features. Do it or this coin will die.

Making a shop/marketplace or a casino is exactly what i d understand not to be creative. Why should anybody buy anything with Badger what can also be bought with any other currency? Why should people come gambling with Badgercoin if almost every other coin has gambling games these days. These features are good for an already flourishing community.

We are far from that and about to be delisted from poloniex if volume won t rise. There are some people still dumping at ridiculous prices, maybe the same people claiming here to be supporters of this coin. You can t stop that. All you can do, is fund killerfeatures or develop new ones. There is nothing else what can save this coin.

I'd gladly donate 2 btc to the implementation of any anonymous transaction feature or any serious new feature. It has to be done now!

It starts to get really disappointing that devs, even though we were told there are 5, are not capable of adding something simple as a regular update. This must be possible even if u guys are in full time jobs. You created a coin, attracted a community and now ... you deny progress or at least you deny to communicate it. I think you underestimate how fast a coin can die. Or you don t care. I don t care about my significant investments in this coin as much as i m disappointed about it going down. This one could have been a better one!

If you want to understand how PoS works, please see here: https://en.bitcoin.it/wiki/Proof_of_Stake

Welcome to Badgercoin

Cute theme  - checked
Active community - checked
Exchanges -  checked
Multipool - checked

I think I finally got a coin to invest or at least mine a bit.

Me two!

I am still buying and holding BDG. Hope it's worth.

By default, wallets are not encrypted, is it still right ?