Ninjastic
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Board Announcements (Altcoins)
Re: [ANN][BTCZ] BitcoinZ - No-premine, No-ICO, No-Dev Tax - 100% Community
by
dygus
on 14/11/2017, 11:52:21 UTC
Quote from: gsanjin on November 14, 2017, 10:17:20 AM
Quote from: Tktktk on November 14, 2017, 09:44:54 AM
Quote from: gsanjin on November 14, 2017, 08:21:19 AM
You want artificially to lower supply after some people mined milions of btcz (and that way rise price)? Slim shaddy Smiley
First of all, bitcoin was created as a means of payment, and all money is subject to inflation. Reducing the speed of issuance of new coins is a involuntary measure. I, as a simple member of the community, support this action.

But what about those people who mined milions of btcz and hold? Will they also be subject of inflation? Or some people will suddenly became "milionares"? Smiley

We have to think about this, because this sudden lowering of block rewards for 10x!! after just 3 months instead of halving after 4 years (as declared) can be seen as - "refined premine". And I don't support that. And generaly, I think BTCZ should stay as-is and those who don't like it, well, thay can always fork into new coin Smiley

Finally a voice of reason. If you decrease reward now, it'll look like a scam. Halving is necessarily but after a year of mining or later.