Post
Topic
Board Announcements (Altcoins)
[ANN] Ħ [HODL] 4000% Interest Already Paid. 166% Interest Rate Still Available.
by
wisebc
on 23/04/2017, 05:47:42 UTC
Can't forget that around May 12th the coin was still rising and hit 10 cents. Not sure but it appeared the early adopters that we needed to hold to make this work didn't. They made money and moved on causing a steep decline quick. We won't know if the lock was necessary until we recover. On the other hand every single person is valuable that's involved in this coin. If we lost a big percent of supporters due to the lock then maybe that wasn't worth it either

I think maybe the autohodl period was too long. While autohodling did succeed in removing the strip miners and the pools(temporarily), it may have discouraged too many miners. Maybe a 60 days enforced hodling period would have been better.

Anyway, now that Yobit appears to have gone offline, I think now would be a good time to prepare a fork, as the potential problem with Yobit has already occurred.

I'll suggest an offer to HOdlers - I'll volunteer to develop the fork if the Nutocracy authorizes me to reduce the required autohodl period, but not remove it.   I think removing the autohodl entirely would see the return of strip miners who simply mine and dump, removing all value created in the coin. While I know the autohodl feature has not been popular in many quarters, I think we'll find all those who have mined with autohodl are likely to be long term hodlers, more invested in the coin than strip miners or speculators.



It's a good idea but 60 days is a bit short - maybe 90 or 120 days would be better to hold off the strip miners.

I really like the 365 day autoHOdl but if it must be shortened I say shorten as little as possible to prevent botnet mining. Also, on a side note it seems there will only be 80 million coins released for mining. Question is how many of those have already been mined and how long will it take to mine the remaining balance? We must consider that also because if there is only a year or 2 left to mine these coins I say all the more reason to love the auto hodl and stop whining and get to mining LOL!

We need to release this coin into the world as accessible as possible which the autohodl has been holding back.  I don't like it but I will back reducing the autohodl to 60 days.  Though if an autohodl has to stay I think 30 days is more than enough to have the desired effect.  I'm only supporting the change because I believe no one is going to step up to code the fork to complete removal of the autohodl and a reduction is better than nothing. If I'm wrong and someone will do it then step on up. The autohodl took out every single pool last time, only optiminer's work kept a pool available.  There is no point in doing anything further if we cannot expand the pools and exchanges and neither group is interested in a coin with one hand tied behind its back.  As it is I'm mystified what value people think is going to be lost to 'stripmining.'  This coin has been hovering at a fraction of a penny for almost a year now and the only real increase we've seen is when it was voted on to release the autohodl completely.  We don't need to coddle those who are already invested in the project and who have held on during the autohodl, we need to encourage NEW people to invest their time, energy, and money into this project.  Releasing the autohodl completely would do that.  I don't know what those who were standing by to jump in when the autohodl died are going to do with just a reduction but I have a hunch.  But seriously,  if this coin cannot survive without artificial strangling protections then what good is it?