Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Maieuticoin | 2014% PoS | Version 2 Staking Hardware Sales OPEN
by
Mortimer452
on 30/01/2015, 05:04:16 UTC
@Phosphorous --> Whatever point you are trying to make has long-since been made.

Your FUD is getting really old. Might I suggest a (long) vacation?

Agreed.

Phosphorous, I think we all understand the math and what you are trying to say.  Yes, compounding interest, small percent over time makes big inflation, coin supply is going to get crazy, we get it.

The point to remember is, currently at least, your personal rate of 5.5% per day earned through staking is greater than the network inflation rate of ~4% per day.  Inflation or not, running the numbers as they are right now, the $USD value of the MMXIV in your wallet will increase as long as the price stays stable, or even if it decreases proportionate to 4% inflation per day.  Regardless of BTC per MMXIV price, as long as you're staking, and as long as the total market cap of MMXIV is increasing, you're in the green.

As for the "long term" plan who the hell knows.  Right now, things are good.  Market price and market cap, volume, supply/demand and community pressure/advice will probably dictate if or when action is taken to curb inflation in the future.  Can we please stop talking about this now?