Quote from: onemorebtc on January 09, 2015, 06:30:04 AM

Quote from: thevictimofuktyranny on January 09, 2015, 06:17:35 AM

Litecoin organisation could do an early block halving if it wanted a quick fix to the problem (many other coins have done changes to their block halvings). It would half the amount of coins the elevated number of non-miners with mining equipment can sell of each day for Fiat Currency and the price of coin would start going up.

The people mining and holding litecoin would not mine, because the price would start going up again. Those seeking to cash out into Fait Currency might be upset though! LOL

changing the reward scheme is dead to any crypto...
if we would accept that we could stay with fiat

btw its not possible to force this: all users (or atleast pools and exchanges) have to switch to the new variant

Have you seen Ripple, 20% of the coins are held by the founders, another 25% are held by Ripple Labs (organisation). People said: "no-one is going to accept this". This 30 Billion coin system, it price has gone through the roof because it miners are holding Ripples and not releasing them into the market. That is an incredibly bonkers as idea or plan, but people have happily gone along with it and pumped it's price up the 2nd largest crypto currency - never say that x or y policy is unacceptable to investors and miners who hold crypto currencies. The facts prove the opposite is the truth.

At the end of day, Litecoin problems are Maths and Macro Economic questions, people who invest money into Litecoin want the price to go up and miners (who are holding/hoarding Litecoins) want the price to go up. These are the Long Term investors in Litecoin and if they want or need an early Block Halving the organisation will have to do it because they decide Litecoins future success or failure as Ripple has shown!

Building policies for people who mine crypto currency for Fiat Currency is quickest and most efficient way to kill any crypto currency.

I do not think Litecoin organisation will do an early Block Halving, because the organisation and it's mates have big mining operations, they will mine the coin downwards in price by another 12%, saving up the Bitcoins to do a massive buy back of Litecoins over May, June, July and August. Boosting their net crypto wealth by 12% and after the Block Halving Litecoin price will motor up to $3.5 a coin doubling their profits to 24%. LOL

You know crypto currencies are rife with insider trading (pre-agreed dumps and pumps amongst large holders of coins), it is perfectly legal in crypto currency world.