Quote from: JohnathanCity on December 29, 2013, 06:52:33 PM

Quote from: barwizi on December 29, 2013, 05:23:19 PM

Quote from: The_Catman on December 29, 2013, 03:31:24 PM

Quote from: barwizi on December 29, 2013, 08:20:16 AM

My point is, there are too many in existence. The whole idea of indivisibility was novel, but it only exacerbates the problem, divisibility should be retuned at the same time that stake is removed to ensure this coin lives and people's investment of time , funds and costs does not go down the drain.
Trying to stick to the idea of having trillions that are continuing to stake is absurd, even with the stake reduction if i have a trillion, i will stake 10 Billion, as a result the mony supply will still grow very fast.

but if we divide by ten billion then a trillion becomes a hundred coins, which grow by 1 coin a week, which is far more manageable growth. in a month even with the stake fix, we may very well reach the point where the client is unable to display the balance.

So it would deal with inflation, absurd numbers, and stay well within transaction limits for A LONG TIME.

Just food for thought.

Your grasp of simple mathematics is terrible, if everything is divided by a it wouldn't make a damn difference in any value. sure, each coin would be worth times more, but it's the same relative value as they have now. The only real effect this would have is eliminating many peoples pennies. The only issue is MAX_TX, which as I've stated before, is easily remedied.

your grasp of the English language is terrible. it would make a damn difference if the total supply is divided because it would return the numbers to sane levels. also you keep overlooking the overall effect of PoS.....60 trillion it would still stake 60 Billion or more weekly with your reduction in stake.

Grasp this......THERE ARE TOO MANY PENNIES IN EXISTENCE, WE WOULD LIKE TO START REMEDYING THAT. I know you are not the original dev, but as a stand in, please do not take such an attitude to people's investment. I am nearly done cashing out, and i'll continue dumping unless a viable fix to the money supply is put in place.. saying you've reduced the stake by so much percentage is meaningless unless you plug in values and calculate based on that.

Perhaps it would be best if we focused on fixing the coin's image as opposed to playing with the details just yet. I understand what you're saying, but this coin as is with POS still has lot of potential, and the thing that is going to kill it is the community unless they attempt to restore faith in it. Seriously, just deleting coins isn't going to fix anything in the long term if nobody is willing to trade in it. Hell, I accidentally lost 500m coins last night. Assuming 1m people are staking 100,000 coins every 9 days, that will cover the new POS system for around 49 days. Why not use those 49 days to show people CENTS is still a viable trading system and stimulate the market? Then you can go from there and start brainstorming how you want to fix the total supply.

I stake Daily, and i today's total is close to 89 Billion. i actually get lazy to send coins to cryptsy, and i think i have a wallet that has staked 4 times without me looking at it...unless the pc shutdown for some reason. I am not saying lets delete coins, i am saying lets change 10000000000000 to 1000 or 10000, this allows us to be able to transfer all our coins in one go, and they will stake in one go. I am saying that the image of this coin is bad due to the absurd amount of coin out there and the way it grows.. so to fix it, let's reduce what the eyes see. If i say i have a trillion cent, it takes time to register how many zeros are involved and then compare that to the 1 coin reward for mining. By dividing the coin supply, we not only save it's image but encourage people to mine again, which in turn will make transactions instant.