Look at the price of MEOW... totally collapsed since hitting CoinedUp !
Doge falling, MEOW almost dead and Cat doing not so bad....
Doge falling, MEOW almost dead and Cat doing not so bad....
It's because CAT has a low coin gen rate. Lesson learned?? I've been talking about this for weeks with DOGE.
I warned everyone DOGE was going to go down 80% from when it was 60.
I sold my kitteh at 13.
LOT had same issue. I sold that at 50.
Gen rate MUST be under 1% per day. Otherwise miner's will dump the coin dead.
WAKKKE UPPPP
1,720,467,488 total coins. How many per day are being created?
If it's less than adding 1% a day then Kitteh has other issues.
If it's like 3-4% a day more coins then that is the problem.
)
lets just say we're looking at some of the mining aspects of namecoin and seeing if we can incorporate similar constructs into MEOW. Much awesome is coming. Much fun 