Post
Topic
Board Announcements (Altcoins)
Re: [ANN][BTCZ] BitcoinZ - No-premine, No-ICO, No-Dev Tax - 100% Community
by
zositarik
on 14/11/2017, 20:23:00 UTC
There's nothing wrong about changing block reward as long as it's a change that makes sense. Dogecoin started with a random block reward like Luckycoin, which code was used for the coin, and then changed it to 250,000 fixed and continued its reward halving schedule. Dogecoin supply was meant to be capped but they discovered a bug in the code that would make it not be capped. Then IIRC Jackson Palmer though it was a good idea to keep it uncapped and there was no problem about that. Coins can have many problems (wolong, moolah). Block reward changing is not one of them.

Edit: typo

this halving of the block reward is a great way to improve a coin

How does it improve the coin? It just makes YOUR coins more valueable. Nothing else.

This coin started as a fair coin, like only a few coins in the past did. And now some people get greedy and want to see their BitcoinZ gain value as quick as possible. This is so sad. I hold about ~2 Million of those coins and guess what - I don't want the block rewards to be changed and I don't want halving black reward to happen sooner, because I want this coin to stay fair. I want many many new people to get a cheap start into cryptocurrency. Isn't it was this coin was all about?

If you change the rules right now, this coin is nothing but scam - like most other coins. Please keep that in mind. Don't get greedy!

Yeah. they are definitely greedy. Now they want to double their money. If your goal is not to profit in the short run, do not sell your money. Tired of those who want to be rich on the easy way