I want 1 billion flaps per year no matter what!!
I agree with you!Now the huge yield per day (nearly 0.6 billion) almost killing the flap.
Unrestrained production is not a good thing.
Topic: Do we need 100 Billions capacity? (Read 4837 times)
Now the huge yield per day (nearly 0.6 billion) almost killing the flap.
Unrestrained production is not a good thing.
I want 1 billion flaps per year no matter what!!
Cap it, in honor of how the game got capped!
You need to cap it ... maybe even less than 100 billion like 50 if you can.
That'd surprise everyone and will spike interest.
That'd surprise everyone and will spike interest.
9 billion Trollcoins is more than enough.
You need to cap it ... maybe even less than 100 billion like 50 if you can.
That'd surprise everyone and will spike interest.
That'd surprise everyone and will spike interest.
I would recommend capping at 100 billion, If there is unlimited source of flappycoin, why would I even bother from buying someone else. Yes, It will take much longer for me to mine a large amount but some people are willing to wait and less transactions on exchanges, overall negative for the community, trading of Flappy hands wise. People will lose their FLAP in the long run, hard drive failure, ect.. so take and value your Flappy Coin for safe keeping!
WE NEED TO CAP..There are already tons of coins on the market already and if we alone have gaziillions of never ending flappy's then we are just like fiat and we go down more and more in value. DOGE COIN WAS a fluke that works but copy cats don't make it and DOGE won't rise much mroe in value and now with Reddcoin it is actually dropping so best make a cap. Miners are making a ton from it as it is dumping so much coin cheapo. Let us small time investor folks also make a little bit of pocket change, let the value of it grow for us too. Just my 2 flaps.
Keep the cap and we'll all FAP to how high we can go with FLAP. FORK ME HARD BABY!!
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Yes we do if one looks at the different cryptos the ones that have a cap are more valuable. If the coin keeps being mined infinitely then there is no reason to leave fiat money.
Miners will still mine for transaction fees.
But we don't want the currency to be deflationary imo. We need a currency to be deflationary so that it has this idea of rarity and attracts initial investors. <---But this point is moot if we lose investors because the coin couldn't be a usable currency.
Doge set a 5% inflation rate in an attempt to be a usable currency in the future.
I think 5% is an arbitrary number that is too high. I think we should use a different, lower arbitrary number (such as 1%) that will make up for lost coins so that supply isn't inevitably going to decrease every year (and it provides additional mining incentive which is always good). Mining incentive and community are the most important value-adders for a currency.
It isn't 5%.... It is 5.25 billion for ever. DOGE inflation has nothing to do with %'s
you're right. so it is still deflationary. And, 1 million Flap a year is what I meant I wanted.
Miners will still mine for transaction fees.
But we don't want the currency to be deflationary imo. We need a currency to be deflationary so that it has this idea of rarity and attracts initial investors. <---But this point is moot if we lose investors because the coin couldn't be a usable currency.
Doge set a 5% inflation rate in an attempt to be a usable currency in the future.
I think 5% is an arbitrary number that is too high. I think we should use a different, lower arbitrary number (such as 1%) that will make up for lost coins so that supply isn't inevitably going to decrease every year (and it provides additional mining incentive which is always good). Mining incentive and community are the most important value-adders for a currency.
It isn't 5%.... It is 5.25 billion for ever. DOGE inflation has nothing to do with %'s
Miners will still mine for transaction fees.
But we don't want the currency to be deflationary imo. We need a currency to be deflationary so that it has this idea of rarity and attracts initial investors. <---But this point is moot if we lose investors because the coin couldn't be a usable currency.
Doge set a 5% inflation rate in an attempt to be a usable currency in the future.
I think 5% is an arbitrary number that is too high. I think we should use a different, lower arbitrary number (such as 1%) that will make up for lost coins so that supply isn't inevitably going to decrease every year (and it provides additional mining incentive which is always good). Mining incentive and community are the most important value-adders for a currency.
Miners will still mine for transaction fees.
So what was the resulting value at the end?
Hopefully opposed!
We don't need 5% inflation like Doge, but lets keep it at 1% so we always have miners to secure the network. Also, this small % of coins mined is just meant to stop flappycoin from being deflationary. We want a fixed currency
So what was the resulting value at the end?
Keep the cap at 100 billion.
Yes. As others have posted, we should differentiate ourselves from doge and put a hard cap.
cap is necessary!
thanks!
thanks!
A low rate of inflation like .5-1% is actually OK with me. This coin's mining will be done and then what? Lets put a 1% inflation rate on, I'm changing my vote.
I say cap
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