Topic: [ANN][FLEX] Flexiblecoin |New Block Reward Structure|Bittrex, Cryptsy - page 30. (Read 95164 times)
September 02, 2014, 02:51:11 PM
Price went up to 100 Sat and now we can see what happen if miners dump and there are too many coins.
September 02, 2014, 01:49:20 PM
Yellowduck2 just looked at XC when coins was made less, the price doubled in no time. It will be to the advantage of coin.
Nothing stop you to start mining now and also like you suggest if miners wait to mine coins for higher reward it will dump the price.
Really something to consider
Nothing stop you to start mining now and also like you suggest if miners wait to mine coins for higher reward it will dump the price.
Really something to consider
longer PoW = more dump = better coin distribution. People who cant mine buy coin from miner dump at cheap price which better distribute the coin. As a miner of course they want to cut as soon as possible but as an investor they want as cheap coin as possible.
Longer PoW better distribution for miner (more miner when PoW reward get higher) as well as investor get cheap coin.
September 02, 2014, 01:38:05 PM
Yellowduck2 just looked at XC when coins was made less, the price doubled in no time. It will be to the advantage of coin.
Nothing stop you to start mining now and also like you suggest if miners wait to mine coins for higher reward it will dump the price.
Really something to consider
Nothing stop you to start mining now and also like you suggest if miners wait to mine coins for higher reward it will dump the price.
Really something to consider
longer PoW = more dump = better coin distribution. People who cant mine buy coin from miner dump at cheap price which better distribute the coin. As a miner of course they want to cut as soon as possible but as an investor they want as cheap coin as possible.
Longer PoW better distribution for miner (more miner when PoW reward get higher) as well as investor get cheap coin.
September 02, 2014, 01:05:31 PM
Yellowduck2 just looked at XC when coins was made less, the price doubled in no time. It will be to the advantage of coin.
Nothing stop you to start mining now and also like you suggest if miners wait to mine coins for higher reward it will dump the price.
Really something to consider
Nothing stop you to start mining now and also like you suggest if miners wait to mine coins for higher reward it will dump the price.
Really something to consider
longer PoW = more dump = better coin distribution. People who cant mine buy coin from miner dump at cheap price which better distribute the coin. As a miner of course they want to cut as soon as possible but as an investor they want as cheap coin as possible.
Longer PoW better distribution for miner (more miner when PoW reward get higher) as well as investor get cheap coin.
how bout max POW 60 million coins
September 02, 2014, 12:15:16 PM
i may have asked this before but cannot find my post. does anyone know how much coins in the max pow coins will be created
September 02, 2014, 12:13:11 PM
Yellowduck2 just looked at XC when coins was made less, the price doubled in no time. It will be to the advantage of coin.
Nothing stop you to start mining now and also like you suggest if miners wait to mine coins for higher reward it will dump the price.
Really something to consider
Nothing stop you to start mining now and also like you suggest if miners wait to mine coins for higher reward it will dump the price.
Really something to consider
longer PoW = more dump = better coin distribution. People who cant mine buy coin from miner dump at cheap price which better distribute the coin. As a miner of course they want to cut as soon as possible but as an investor they want as cheap coin as possible.
Longer PoW better distribution for miner (more miner when PoW reward get higher) as well as investor get cheap coin.
September 02, 2014, 12:12:10 PM
Yellowduck2 just looked at XC when coins was made less, the price doubled in no time. It will be to the advantage of coin.
Nothing stop you to start mining now and also like you suggest if miners wait to mine coins for higher reward it will dump the price.
Really something to consider
Nothing stop you to start mining now and also like you suggest if miners wait to mine coins for higher reward it will dump the price.
Really something to consider
September 02, 2014, 12:11:46 PM
Thanks for all your suggestions, I have chatted with team members, we are not sure whether it is a good idea or not. We would like to hear what forum members say. If it is highly demanded by the community, we may do a change and as mentioned by yellowduck2, we will notify pools 24 hours ahead.
don't cut pow blocks just make pos start earlier, it will lower the amount of pow blocksyeah if POS startts cutting into POW it will lower supply somewhat, good thinking
September 02, 2014, 12:09:56 PM
Thanks for all your suggestions, I have chatted with team members, we are not sure whether it is a good idea or not. We would like to hear what forum members say. If it is highly demanded by the community, we may do a change and as mentioned by yellowduck2, we will notify pools 24 hours ahead.
don't cut pow blocks just make pos start earlier, it will lower the amount of pow blocksThis is a better suggestion.
September 02, 2014, 12:09:18 PM
Thanks for all your suggestions, I have chatted with team members, we are not sure whether it is a good idea or not. We would like to hear what forum members say. If it is highly demanded by the community, we may do a change and as mentioned by yellowduck2, we will notify pools 24 hours ahead.
don't cut pow blocks just make pos start earlier, it will lower the amount of pow blocks September 02, 2014, 12:09:04 PM
Thanks for all your suggestions, I have chatted with team members, we are not sure whether it is a good idea or not. We would like to hear what forum members say. If it is highly demanded by the community, we may do a change and as mentioned by yellowduck2, we will notify pools 24 hours ahead.
However , i disagree with changing coin supply. Longer PoW can better distribute the coin. For instance , some people might be waiting for higher reward before starting to mine.
September 02, 2014, 12:08:11 PM
if supply is cut premine is no longer 1%
if u want to cut , have to give at least 24 hours notice for pool to change wallet
if u want to cut , have to give at least 24 hours notice for pool to change wallet
yeah 12k block is in 2 days i would think so pleanty of time to change and notify pools and exchanges to update wallet (if nececary) but preine can be dealt with different way i assume ..
September 02, 2014, 12:07:32 PM
Thanks for all your suggestions, I have chatted with team members, we are not sure whether it is a good idea or not. We would like to hear what forum members say. If it is highly demanded by the community, we may do a change and as mentioned by yellowduck2, we will notify pools 24 hours ahead.
September 02, 2014, 12:05:55 PM
If consider to make coins less, maybe the devs can consider to destroy some of their coins to make it 1% premine again.
I really do think it will let the price rise and will benefit everyone.
I really do think it will let the price rise and will benefit everyone.
September 02, 2014, 11:58:34 AM
if supply is cut premine is no longer 1%
if u want to cut , have to give at least 24 hours notice for pool to change wallet
if u want to cut , have to give at least 24 hours notice for pool to change wallet
September 02, 2014, 11:49:47 AM
how bout cutting supply? my rentals are about expired 
Agree, cut supply pls, say max block is 12000-13000, prevent dump by multipool and large farm
September 02, 2014, 11:48:01 AM
Suggestion to the devs and I wonder what the community would think.
I would like to suggest to the devs to consider to make coins less, this would decrease the amount of coins and make it more valuable.
What about stop mining at block 12000 and transition to POS.
Easiest example was XC they reduced amount of coins and the price sky rocket.
Maybe something to consider and will hype the coin.
Rgds
Andre
I would like to suggest to the devs to consider to make coins less, this would decrease the amount of coins and make it more valuable.
What about stop mining at block 12000 and transition to POS.
Easiest example was XC they reduced amount of coins and the price sky rocket.
Maybe something to consider and will hype the coin.
Rgds
Andre
September 02, 2014, 11:41:36 AM
how bout cutting supply? my rentals are about expired
September 02, 2014, 11:41:24 AM
As mentioned earlier, we have applied for PoD, hopefully we will get verified soon.
In the meantime, we are working to implement my ideas inspired when I was a miner and trader.
In the meantime, we are working to implement my ideas inspired when I was a miner and trader.
September 02, 2014, 11:12:36 AM
I kind of remember torcoin which has the same uprising rewards.Price booms after pow.But that shit is lucky picked up by mintpal which has no inovation just hype.
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