Quote from: gsanjin on November 14, 2017, 01:24:23 PM

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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

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"?

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

This is not a premine. It was not originally founded by one group of people for personal enrichment. The decision to change the award for the block was taken by the community. Those who extracted millions and become "millionaires" extracted them under equal conditions, stipulated by the algorithm and the complexity of the network. Millionaires can become those who bought this coin on the stock exchange when it grew in price. You do not call the "refined premine" produced bitcoin in 2010 when the complexity of the network was low and people extracted thousands of them. Simply, many then did not believe in him. And innovators, those who believed and tried to get deservedly received their award.

You don't need to explain that BTCZ is not premine, it's known. In your example you forgot one thing about BTC - it never changed halving period and that way affecting rate of supply, and thats why everyone had equal chances. I just wanted to tell btcz community that artificial change of supply can be seen badly in other comunities, potentional future investors and especially market exchanges. It could be considered "refined premine".

There was no equal chance for all. I did not have a computer at that time. I could not get bitcoin. I just did not know about him. For me, bitcoin is the first in its industry of digital money but not the standard. Bitcoin developers did not provide scalability of the network. The awarding of the award for the block was taken for some of their criteria conditionally for 4 years, but who said that it is true? The markets and the industry are too volatile. On the contrary, it is attractive for me as an investor that we can fast react by consensus and make positive adjustments to the digital asset - btsz. Only dynamic models are viable, we do not have to turn our coins into a stone statue. Now the market requires a reduction in supply. And we must take action. After all, one of the goals btcz is to increase the cost and turn into a payment instrument.

We'll leave BTC disqusion, and continue just on BTCZ ...

First, it is not market requiring change of supply. Most voices for that change come from HODL-ers which expected fast price surge and fast profits. But yes, there deffinitely needs to be change of supply, this model of supply planed by btcz developers is not sustainable. It's just theirs oversight (or is it?) of values while planing coin.

Second, artificial change of btcz supply like proposed in this thread will convert BTCZ into scam coin. By that model you'll have part of same coins worth more and other part of coins worth less - on same market. Only thing which could be changed without significantly affecting value of mined btcz on market and unmined btcz is period of halving. Instead of 4 years, that could be easily changed to 1 year, 6 months, something like "Camel" distribution (see Sumo coin supply), or something else. Just that way would be fair for everyone.

Your main argument - By that model you'll have part of same coins worth more and other part of coins worth less - on same market. But with fluctuations in the price of the exchange, the value of the coins that were extracted yesterday and today also changes. In cases of a decrease or increase in the complexity of a network with the same capacity, the volume of production also changes the value of the extracted coins, respectively. This is happening in the same market. There will always be coins produced and received with different values.

If that is happening than it is scam coin

By your example, you want to say that my fresh mined 1 BTCZ is worth yours 0,5 yesterday mined BTCZ's Huh

Only controled supply or supply by calculable criteria allows that every published unit of one currency have the same value ... I recommend reading this link - https://en.bitcoin.it/wiki/Controlled_supply

Maybe you misunderstood me. Maybe I misunderstood you.
In the article on this link there is nothing new for me. Nominally, many coins fit the definition: "Only controled supply or supply by calculable criteria allows that every published unit of one currency have the same value". But we can have different cost of electricity and consumed energy of video cards, which we extract, which allows for example you to extract for the same production capacity the different numbers of coins. Correspondingly for you the cost of the extracted coin will be less than for me.