Combining posts...
A very fast initial distribution, followed by a long, slow emission seems vastly superior from an investment standpoint. It just appears to be better for all involved. The developers can get a reasonable stake for a low cost, to justify their time investment, early adopters get rewarded nicely, and prospective investors can be confident that inflation won't dilute their investment. The only ones who suffer are miners , and considering that no matter what your emission, mining will generally just break even due to economics, what is really lost there?
No, the difference is that this structure is compatible with a pump-and-dump scam. So buyers always have to be wary of it, which depresses the price and ultimately serves as a competitive disadvantage against cleanly launched coins.
Only systems that are structurally incompatible with fraud don't suffer from the overhang of potential fraud.
Basically the argument is that "bunch of coins mined over a few months to a year" = more participants than "bunch of coins mined in a few days", which should lead to better distribution as well as much better perception. It's only one piece of the distribution schedule, but it is largely responsible for public perception (and XMR can get negative perception as well for its defined curve, just that it didn't go way outside of what was defined like DRK did).
I really wish Monero inflation wasn't so high. I'm thinking of investing, but it's hard to imagine any real price increases when there's 20,000 XMR being mined per day. At a arbitrarily selected value of $100, that's $2,000,000 per day, compared with only $288,000 for Darkcoin, the only thing I have besides Bitcoin. A real dilemma for me, as Monero seems to be the most legitimate CN coin.
Doesn't seem like such a high rate of emission when you consider that there are ~28000 Litecoins mined every day. If the higher price of LTC can be sustained, I see no reason why XMR cannot go much higher.
It's much much higher than LTC presently, but that's not really the point I guess. LTC isn't $100 after all.
Is simple as this, if 50% of XMR would be minted in first month, few people would buy them and hold and price would go x10 or x100 in few months and not many people would got into coin at all, community would be weak. And some other coin would take XMR spot. As it is is perfect since will keep coin at low price for longer period of time + noone got coins super cheap. What you think is better is at quite some other coins, so i think is better you chose those.
This is kinda nonsense, as you are pretty apparently comparing to DRK (at 50% of
current supply, which isn't even true anymore), but their community (of which I am a part as well) is quite big and active. They have the longest thread in the entire altcoin section. The other part of it is, absolutely some people got XMR at super cheap prices. I was one of them.
You are spot on about fast emission keeping price relatively low for early adopters/accumulators.
(I somewhat implied 4x current BTC value would be the absolute baseline for such a thing, but am in agreement the real value would be much higher).