Re: [ANN] AIRDROP | MASTERNODE | X11 | LOW PREMINE | IDAPAY for innovation!
Hi Crazyhorse,
thanks for your conclusions. I assume the voting will be held in Discord, but I want to share my opinion also here.
Please DO NOT increase the MN rewards, I observed it with several new coins now as a form of a last resort, and it almost always ended in a unrepairable price dump (the best example that comes to my mind is GoaCoin).
Don´t go that way.
Cheers.
thanks for your conclusions. I assume the voting will be held in Discord, but I want to share my opinion also here.
Please DO NOT increase the MN rewards, I observed it with several new coins now as a form of a last resort, and it almost always ended in a unrepairable price dump (the best example that comes to my mind is GoaCoin).
Don´t go that way.
Cheers.
As Crazy Horse said, we do appreciate your opinion and that's why we'll be conducting a vote over a period of a few days. An open discussion is very important as we want the community to understand the pros and cons of proceeding that way.
Our main concern is indeed the dumping that could arise after increasing the reward, but we also think that if we're able to attract enough new investors, we'll be able to balance the market. Unfortunately, a lot of people only look at the ROI and if we want to grow our community, we need to "play the game". Don't get me wrong, we still have many other objectives, but without a strong community and many supporters, we won't be able to get there.
Thanks,
IDAPAY Team
Hi IDApay,
I appreciate your response. At the end you are the people behind the coin and will most likely decide what you think is right and best for your project. Obviously, you have every right to do so. If you are convinced that increasing the MN rewards is the best option to attract more investors and will ultimately benefit the project you absolutely should take that route.
Personally, I own 1/2 of a shared master node of IDA - I know it´s not that much - but I will increase it to a full MN soon. So most certainly I want the project to flourish and become as big as possible. However I have witnessed what a coin inflation through increased MN rewards can do to the coin price (my example: GOA), hence I formulated my concerns. I hope I am totally wrong. Time will tell.
@ Crazy Horse: I assume you got up on the wrong foot or were quite stressed, because I don´t have any reasonable explanation what made you say what you wrote and in which tone you delivered your message. But since you approached me on Discord, I think we´ll better discuss it there, agreed?
Hi, "BBosstone", every time you write it seems you want to spread FUD (Fear, Uncertainty, & Doubt) and it's not the first time you do it !
I will report again what was communicated today by the IDA PAY Developer and IDA PAY Team on the official IDA PAY channel on Discord,
and it seems to me that everything is written in a very clear, and i repeat that i do not understand why you should always spread FUD (Fear, Uncertainty, & Doubt) maybe you find it funny ?
[...]
I will report again what was communicated today by the IDA PAY Developer and IDA PAY Team on the official IDA PAY channel on Discord,
and it seems to me that everything is written in a very clear, and i repeat that i do not understand why you should always spread FUD (Fear, Uncertainty, & Doubt) maybe you find it funny ?
[...]