Post
Topic
Board Announcements (Altcoins)
Re: [UNOFFICIAL] VNL | Vanillacoin 0.3.3 | DarkPP/MinerPP/CoinPP | ZeroTime | UPDATE
by
Aktor
on 02/09/2015, 17:02:04 UTC
even with the reduction of the block reward I still think that the number of coins created per day is very high.
The dump will be greater after the FPGAs are widely used.
Why should the "dump" be higher? Even if billion of FPGAs are used, the total amount of mined coins will be constant and decreased with each block reward reduction.

Yes, but electricity costs will be much lower with FPGA than GPU, so miners will be more willing to dump

But the ones who are just selling to recoupe energy costs will sell less.
As it is volume seems large enough to hold the price at 30kish+- 5k
As the community grows so to will the price.

We won't moon shot hntil people start to use vnl outside of speculation.


Yes,but who is buying all this coins everyday,what is his/her purpose