I might be steering towards this camp now. So far coinexchange price has not increased.
Zeitcoin did not increase in price as the research shows and they lowered the apr. A coin swap would be
devastating.
I propose we change the rewards to like 100% apr or 50%, make it percentage based.
Then we increase burn functions for the coin
I've told my stream already that there's at least a 25% chance that I will dump this coin and have to move on.
Less minted profits and price keeps going down? Yeah, I can't be bothered with the coin at that point.
People forget sprouts was doing fine before the proposed hardfork. My own high pos coin will not make this
same mistake.
If people don't get a reasonable interest rate they will just sell and move on.
If there are more coins than demand the price will drop?
We pay to sell coins we pay to post a letter why not charge a small transfer fee and burn that to reduce the total amount?
Reduce the interest rate by 50% yearly till it gets to a sustainable amount?
just a thought.
They are getting a reasonable interest rate ! If people sell they're will most likely be people who buy them.
The change should discourage dumping by people who have huge stakes ! And push the price down.
I don't think most people will be affected. It just means this will most likely be the last month you will be able
to get Sprouts at these low prices. The Dev team is creating Demand for the coin. Through discord they are
creating functions that when users use them it burns the coin. My understanding is the Demand from the coin
comes from Discord wallets according to the white paper not from people speaking high stake rates even
though the coin will still offer competive stake rates. My understanding of the white paper is they believe they
can add 20,000 new users who have wallets on average of 100 dollars worth of sprouts. That creates a
demand for 4trillion sprouts.