Ninjastic
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Board Announcements (Altcoins)
Re: [$XVG] VERGE [POW][MultiAlgo][BLACKHOLE][Entire Line of TOR/i2P Resources]
by
chilly2k
on 23/06/2017, 13:06:39 UTC
Quote from: GRR on June 23, 2017, 12:11:50 PM
Quote from: Mr. Sovereign on June 23, 2017, 12:02:30 PM
Quote from: Dogedarkdev on June 23, 2017, 05:28:55 AM
yeah that's just not going to happen though. the price is created by the market, not me, and there is no "price automatically doubles" in crypto. but yeah, i get what you guys are saying. more rare = more enticing for noobs that dont understand crypto. that just isn't what we're trying to achieve, but thanks for the input gentlemen =]

Good.  Things like new mining algorithms or moving to POS are debatable, but messing around with the cap seems to be more of a central bank move.  And isn't that kind of manipulation one of the things we are trying to get away from?

Yes, it is exactly that kind of manipulation, even if it is something that sounds reasonable and is of innocent nature in the first place. But however, by opening the doors for centralized manipulation, you eliminate ALL TRUST, which is most likely the worst case scenario that can happen in cryptoworld. The markets usually react in a harsh way to dodgy things like that. Sometimes they don't, but chances are they will.

  I agree, cutting the supply would backfire.  I won't look at a coin a second time if they play around with things like that.  To sketchy.   But if you really wanted to piss people off, we should double the supply. Tongue  Sometimes when you show people it's a double edge sword they stop and think about it a little more. 

   I do think we should split the mining rewards and have a marketing/development fund to support Verge.  10% to the fund 90% for the miners.  or 20-80.