Quote from: beginnersluck on November 28, 2017, 01:49:34 PM

Quote from: toucan on November 28, 2017, 01:00:49 PM

Quote from: toucan on November 28, 2017, 12:10:03 PM

I think it is time for developers to rethink the initial starting point for the volatility control. In the White Paper they said $20. But I am sure no one expected this price to occur within first month.

Also the White Paper said the upward trajectory would be 20% per year, but that also was changed to 40% to stay equal with other top coins.

So maybe it is time to rethink starting point to $50 or $100 or more, because listing on new exchanges will drive price upwards and could potentially deplete the bank of the 1,500,000 coins trying to control the rise??

If $20 is starting point with 40% per year projected rise, MNX will be $28 this time next year, so no rise from here. This does not make much sense
It seems like should let rise to $50 or $100 first

I agree, $40 /$50 is reasonable, since the whitepaper was written long time ago and now the bitcoin price is 10000 usd. Adjusting the starting point is a must

Adjusting starting point sounds good to me.