Post
Topic
Board Announcements (Altcoins)
Re: [TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico
by
gribgo
on 23/11/2015, 08:07:05 UTC

Exponential growth will devastate the price per coin, if U look at all of the coins with Numbers over a few billion, they all have a price of only a few sats.
At some point , users will stop buying tek because when you have 1 million coins and 40% per month, why would you need to buy anymore, you would not, then you only sell excess coins and that lowers the price. Interest rate will have to be changed within a year or so to avert that problem. But hopefully before the 500 million mark.
Then you could move to a 25% per year, a more sustainable alternative that the current 20 or 40% per month.
The more new users the longer that tipping point can be postponed, but it can't be postponed forever, the tipping point will come, it is inevitable.

AG18

There is now a wide spectrum of coins that have all this stuff that you offer to us..
Then you can move to this coins.. why mess with Tekcoin?
Why would people want to to make all coins the same as they allready have or can buy at the market?
This coin - is the virtual miner! Why we want to break it and make it mine less coins at our own will?
peace