Post
Topic
Board Announcements (Altcoins)
Re: Simplecash - Scrypt POW - 14 days 162% Daily Staking-UNIQUE Coin
by
simpleca$H
on 04/12/2016, 16:54:46 UTC
what's the point in having 162% stake Seems to be a bit much dont you think.

Maybe you should drop it to 160%

 Grin

lol you are funny Smiley

the point is growing!grow with high pos instead of long pow which costs more electric power than pos..

10 days mining and than high stake

But that can also be almost considered an instamine. People who miss out on the first 10 days are suck having to buy coins from those who did make it in that 10 day window and now are selling the free staked coins.

In 1 year what will be the total coin count.

Do you know this?

 we are on now for 5 days on coinex and bct..
it will be a around 10 day pow stage and after this 14 days high staking...its enough time...if they missed out and want some they can buy on exchange or somewhere else..
and it will be very hard to get much coin by a 0.07 coin reward..u can not call it free staking...ppl who are staking had already bought or mined..
we think the price will be high at the start and will decrease as the total coin supply raises...

after high staking there will be less than 1.300.000 simp  <------still very rare
than 8% per yr ---->1.404.000 simp
than 4% per yr ---->1.460.160 simp
than 2% per yr ---->1.489.363 simp
than steady 1% per yr

hope its enough info