Quote from: Vercingetorix on May 09, 2016, 08:14:03 AM

Quote from: CryptoRekt on May 08, 2016, 11:05:43 AM

Quote from: Vercingetorix on May 08, 2016, 10:27:22 AM

Quote from: TheSignsGuy on May 08, 2016, 02:03:38 AM

Quote from: Dogedarkdev on May 07, 2016, 11:52:28 PM

Quote from: Hunterwolfie on May 07, 2016, 11:25:19 PM

Excellent coin with an amazing developer but with one single major flaw.

Too many coins.

I will get a lot of hate and post might get deleted but sometimes tough love is what's needed.

most of our coins have already been produced.. we're only making something like 9 million coins a day now.

it's not made to get everyone rich right away, it's a privacy tool/currency, designed to be open to anyone.

I respect your opinion since with a lower quantity it may appear to be more scarce, therefore more valuable, but I do not believe that Verge has "too many" coins.

A bigger issue could be if there were "too few" coins, which would necessitate the need to go into the decimals to use them, which would work of course, but be less convenient.

If something costs 15 XVG, 150 XVG, 1500 XVG, or 15000 XVG, it doesn't seem that big a deal, where .00015 XVG may be.

Long term, having more coins may be a benefit when Verge's distribution increases.

It may even be psychologically advantageous since it feels kind of good to have a bunch of something, even though a lower quantity could have the same value.

I'd be in favor of removing some decimal amounts. What you say about psychological advantage is really true. 8 decimal places makes Bitcoin so unfriendly and "techy". Ending at .01 would be much easier IMHO. I'd love an update doing this.

All --

I have linked and responded to this conversation in the price speculation thread as the topic is more relevant to be discussed over there.

see
https://bitcointalk.org/index.php?topic=1366103.msg14787512#msg14787512

Cheers-
Rekt

My post did not mention price or changing coin supply, rekt Huh

My response was to address the overall post theme not just what you said.

Cheers
Rekt