If you look at digitalcoin there block reward is 15 every 40 seconds.
And if you look at there trading on cryptys the bid and ask are made up of
small orders of 10-20 coins increments.
Hopefully this will happen with solarcoin if the block reduction
is down to 5 a minute by next year.
Instead of having 5k to 10k on the bid and ask on a single order.
As we have today.
Rarer = more valuable = more solarcoin grants
And if you look at there trading on cryptys the bid and ask are made up of
small orders of 10-20 coins increments.
Hopefully this will happen with solarcoin if the block reduction
is down to 5 a minute by next year.
Instead of having 5k to 10k on the bid and ask on a single order.
As we have today.
Rarer = more valuable = more solarcoin grants
Gotta agree with that. By decreasing block reward, then PoS, it looks to be a good scenario for those that have already mined/bought the 25% of all solarcoins that will be mined….and would think it should raise the value of solarcoins.
So you think that a block reward halving or % reduction for a coin that has only 0.1% of coins available for mining will influence the price by even one satoshi?
For certain. Demand should stay strong, and hopefully grow, as the Foundation spreads its wings. And, the # of coins available will shrink, with block reward reduction, and then PoS. Expectations for granting of solarcoins from solar power is low for the first few years…see previous post providing research/predictions.
:-)
