Post
Topic
Board Announcements (Altcoins)
Re: [ANN][BTCZ] BitcoinZ - No-premine, No-ICO, No-Dev Tax - 100% Community
by
Tktktk
on 14/11/2017, 12:30:55 UTC
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.
Then the developer of the etherium is also a crook, he offers to burn his coins to reduce the offer. Where do you get such terms for decreasing the reward? 4 years or 1 year? The fact that bitcoin has done in its development for 4 years, the etherium did for 1 year. The industry is developing very rapidly. Look at how many btcz passed in 2 months. Why are you approaching new coins and developments with metrics from old coins?