Topic: **PRESIDENT TRUMP**OFFICIAL THREAD***TRUMP COIN***OFFICIAL THREAD - page 216. (Read 268493 times)

True but to me it seems like price manipulation.  What will happen if the price drops again?  Even longer block times and lower block rewards?  Dev should just do one more revised wallet release and that's it.  Any future releases should be for new features not spec modifications.  I am all down for higher prices since I am holding over 100k, however, Trump Coin should honest, straight forward and look out for everyone, even miners, like Mr. Trump would.  PR and implementation of features is the key to price rise.  

This. 1000%

We need to stop passing notes and excluding the majority from major decision. Seriously people. This is a community and a community effort. DISCUSS THIS SHIT OPENLY for a change.

Both sides of this discussion have substance and validity and it's easy to be a bit wishy-washy here.


THIS. 100%

But I would like to add a regurgitation of what I have been trying to say all along. We all need to come together and think bigger than our current perspective. Make decisions based on what is best for the strength and stability of TrumpCoin BUT ALSO make sure you are considering crypto as a whole. The mission is not "Make TrumpCoin Better Again." It's Make CRYPTO better again. That statement implies some serious SOCIAL RESPONSIBILITY. Recognize that TrumpCoin would not exist if not for its predecessors and its "competitors". The coin that is finally able to pull support from the folks invested in all other coins will be the one that actually pays its due respect back to its elders because those elders will MAKE or BREAK you with their support or lack thereof.

TrumpCoin's lack of certain techs can be a positive for other coins that are tech centric. If we make it TRUMP's job to simply attract new mainstream investors, we can also educate them with information about other technologies in the cryptoshpere and point them in directions that better suit some of their needs. This is called CORPORATE SOCIAL RESPONSIBILITY and it works.

Balance the scales

Coins need to be minted at a rate that investors can keep up with AT the price that miners need in order to run their rigs. It boils down to a simple socially responsible decision. Will investors continue to piss on the books or will miners have to? If investors cannot add BTC volume to the markets then the balance will shift over to the miners and TRUMP will crash its own market because miners sitting on large stacks will race to dump them. Miners compete for many things and not being a bag holder is among the most important of these. They need reassurance before they will become loyal to any coin.

The way things are now, either the miners suppress the price by dumping in order to recover their investments or the investors suppress the price to prevent the miners from dumping at a high price.

We need to stop standing off.

Reduce the coin supply if you believe there won't be enough investors for a while to keep up OR maintain supply and rise to meet the miners' needs with a constant flow of BTC and a SOLID investment strategy that works predictably for ALL INVESTORS.

If the miners see their price being met by a coin, they will start bidding, hoarding and playing fair a bit more. They won't want to ruin a good thing. Yes, there will be a few that try to ruin it for everyone else but the majority will recover from the selfish few IF the majority decides to play fair among ourselves.

The question should not be whether or not to restrict coin supply. The REAL question is how many people believe in crypto enough to work together and bring our collective wallets to the table for a campaign to make things better and seriously seek mass-adoption.

If the answer is low, then you need to curb minting and reduce supply.

If the majority answer is "Count me in" then I would say it's best not to change the rules in the middle of the game.

The changes will have a positive impact on price. We don't need the miners-haulers

Block time should stay the same.  Block rewards should be reduced gradually. 200 to 150 to 100.  Since this coin is new and hashrate isn't all that great.  A significant change like the one proposed above will most likely kill off the remaining miners.  Also, all changes with POS should be made at the same time of release.  Just my opinion. 

Its not that I disagree with anything you say.
The entire discussion regarding the changes have been in the background via PM from a number of people. So, lets get it out in to the open.
In a nutshell my concern is miners hoarding and ultimately controlling the coin, few traders owning it,  leaving me as the lackey to do all the work for them.
The coin needs to get in to the hands of traders as well. You mention in PM I shouldnt care about price until November. I disgaree with you there strongly.
Thats just full on miner accumulation and even some of them would eventually think this is a waste of time and give up.

Secondly my theme behind the coin is taking a back seat. Without that I will eventually think ‘whats the point’.. Trump is the figurehead for sure, bit its far more than a Trump centric coin.
Its real easy for people to jump on board the ideology by simply stating the coin attempts to promote the original intent of BTC. They don’t have to repeat the Free Society theme.
This aspect of the coin is very important for me and i believe its crucial for the success of the coin. It cant be 100% Trump centric.


If we didnt do the fork I need help. 11 pages of PM’s telling me to do this and that but no one else being particularly proactive. Not a single person on this thread has commented
on the Trump coin Twitter page. No one has created a slack or some other type of community channel, only one person is using the Logo as an avatar INDIEMAX The Fund Keeper.  
I will do a lot, but if you want a community vibe then I need to see more than what Im seeing now. How about you stick the coin on your signature?.
Also,  how many have mined?  At what point do you say I have enough of them?

I stopped mining the coin, I have 250k + just over 100k I have mined. This was never about me hoarding or collecting.

Lets get the discussion out in the open.
Express your opinions.

Soon after.

I have not been by this thread lately.  Wish I had been more active in the discussion of supply reduction, but I guess it's now or never.  If you are worrying about price and supply right now, I believe your focus and energy is being misdirected.

Community is a major factor in the success of any coin.  It's one of the most important, if not THE most important factor when it comes to alt-coins.  When it comes to alt-coins, a strong community can trump (pun very much intended ) technology any day of the week.    What did DOGE have going for it to make it such a runaway success?  A massive, widespread, and dedicated community.  No innovation or fancy technology.  A simple Litecoin clone.  And there DOGE sits, to this day still in the top ten when it comes to marketcap.

Now let's compare DOGE to NXT.  You know how many man hours have been put into development of NXT?  NXT has consistently been improving and evolving with new release after new release since it's inception.  It was and is one of the most innovation crypto-currencies ever conceived.  It's marketcap is 1/3 of the DOGE marketcap.  Why?  Because it's birth was shady, and a small # of original ICO investors are hoarding their massive piles of coins.  It has a stain on it for all time, the stain that I do not want to see TRUMP receive.

The focus should not be on price right now.  The focus should be on community building.  How do you build TRUMP's community?  First off, keep it attractive to new investors.  I maybe a passionate TRUMP supporter and love crypto, but if I heard about a TRUMP coin and go to check it out, see the price and difficulty is skyhigh (and got that way due to manipulation of the original specs) and the community consists of half a dozen guys circle jerking over their hoard of coins, I do a 180 and leave.

For the next month, we should be promoting, promoting, promoting every day.  Twitter giveaways daily, which I will gladly donate to.  There are a FUCK TON of forums and chans where Trump is loved and the coin could be promoted on that haven't been taken advantage of yet.

All we would need to do is implement POS and start halving the blocks at even intervals once we reach 10 million coins.  Supply will be constricted further by POS removing blocks.  It keeps the coin clean, allows time for promotion and growing the community, and the cherry on top, the final block halving will occur right around November.  That would be when a little event known as the general election takes place.  THAT should be when we worry about price.   Community building, promotion, accumulation.  Community building, promotion, accumulation.  Community building, promotion, accumulation.  THIS should be the mantra before then.

If the consensus is on supply reduction, I will still hold my TRUMP coins and go along with it, but I think it's a misguided solution.  IMO, taking the path I have outlined is better in the long run.

POS?

Trump is winning all over the others, but whats the benefit of this coin?  

Now, there is moments, while there in no one block on the network for 10+ minutes. With new wallet, there is a chance, that there will no blocks for  a day

For now. Enjoy it while it lasts.

Haha
the only thing you do, difficulty will go down, so it will be easy to dump this coin

Sir, this coin is not meant to be attractive for dumping. Please take a moment to read the ANN as well as the conversations that we are having. Please zoom out of the candlestick and consider a larger grander goal than making a few quick satoshi.
If you decide to mine this coin, as I have, I beseech you to think in longer terms and finally get some real returns back for your rigs.

Difficulty is quite low today. You should bag some coins and sit on them for a little while. Elections are in November. October could be an early Christmas for you if you make wise decisions today.

great news

I will continue to invest  ----> TRUMP

people mine coins only if it give some income.
But how you can mine coins now and sell them tomorrow? The price change on the exchange will be unpredictable.