Can you please clarify what is so special about bitcoin specs that you think CAT should keep the block times? People on this thread have some deluded emotional daydream about bitcoin. CAT is not BTC. BTC was the first of its kind and the only one to truely receive mainstream popularity. CAT has to compete with all the other altcoins and therefore needs to face the reality that people WILL move to the most profitable coin. Your idea does not solve anything. People will STILL move to the most valuable coin. In fact, what you are doing is further disincentivizing people from returning to CAT to mine.
You're correct.
However, what happened in the last 6 hours is more telling about the future of the currency and the culture surrounding it.
You previously stated that forking the currency was not a manipulation, and that it was different from the pump-and-dump speculation, indexing to 0.001, etc. We now see support for a fork dwindle as the price of CAT starts to climb again. this suggests that people are more motivated to manipulate the currency and come out ahead in the fork, rather than to ensure the integrity of the coin as a whole.
As long as cats are low i'm going to buy them, but there's a point where it's too expensive to buy. You're also right that there is no incentive to mine. but understand that even discussing forking the blockchain also creates a mining disincentive because any khashhours devoted to catcoin pre-fork will be worth less than a forked catcoin with lower difficulty.
we're at a catch-22 right now: the time to have the blockchain coup d'etat i believe has just passed us, but people don't seem willing to address these critical issues as when the coin was down a few hours ago.