Post
Topic
Board Announcements (Altcoins)
Re: [ANN] MangoCoinz Official ANN Thread - Mine cryptocurrencies on you smart phone
by
throwingbones1
on 25/08/2015, 19:34:42 UTC
I still find this hard to understand I really do. Why would having 100 times more mangocoinz benefit us as well as the value dropping by 100 times? I agree that we need smaller amounts to get new users motivated so we could call them srele's or something related to an early stage of growth of a mango. But why devalue a good alt coin?  We can break it down into decimals, users would be happy and we can have micro transactions.
I will listen to any good reason but I haven't heard a good reason so far why 1 mcz should equal 100 mcz. I am not trying to make anyone look stupid I really really really just do not understand at all. How would it benefit anyone?


I agree, multiplying the money supply by x100 overnight would negatively affect the price of mangocoinz against bitcoin and damage this coins value as a long term investment strategy.

There hard to mine, so variably rare compared to btc (keep it that way).

1 mcz should equal 1 mcz, weather you are evaluating new markets or not.

When you let others dictate what direction you should be going in it dilutes your original path, you have a unique product, but in the last 6 months I don't see any blue sky thinking.

Trading with BTC & iPhone app variants are all well & good side features, but you must go back to what is essential in order to attract real investment to your company.

If the mcz currency enabled the community to achieve something special, people would be ditching apple for android just to get a piece of your product.