Literally delusional. I bet you have no market experience whatsoever nor understand the basis of value behind crypto. It's clear that it's pointless discussing logic with you. When the community comes to their senses and forks this coin feel free to keep all your money in the old version. You can sink along with your obsession with the BTC specs.
The BTC specs are why no one buys anything except with BTC and cute coins.
The BTC specs are the biggest obstacle BTC has. Luckily for BTC it has asics and hype to let it rise in value still. CAT is nowhere near that established. Congrats, you have literally clung on to the worst part of BTC. This fork is going ahead without your consent. Feel free to keep your coins in this version or start a new scrypt BTC so that you can lose even more money in it. The rest of us are going to rescue CAT.
Tell that to people who get paid every 2 weeks. Good luck with 6 hour price fluctuations and difficulty retargets on that one. I'll wait.
LOL. Not it isn't. I'll hold CATs, but I will release a BTC in scrypt myself.
Anyways, here's my updated proposal:
Having Bitcoin in scrypt is important. Bitcoin needs to be knocked off its pedestal for being 1) a currency held in majority by feds 2) cozying up to coinvalidation and whining about non-monetary uses like IOUs or barter.
Only speculators and trollbox wankers want fast times. Retarget should always return to 2016.
I would suggest this:
If the block rate is faster by 2x (as in 5 minutes vs 10 minutes) or slower by 4x (40 minutes vs 10 minutes) the retarget rate should change like this - 224, 112, 42 - at a time): 224: 2016 | 1792, 1568, 1344, 1120, 896, 672, 448; 56: 448 | 336, 224, 112; 28: 112 | 70, 28.
On the way up it should be the reverse: 224: 28 | 252, 476, 700, 924, 1148, 1372, 1596; 112: 1596 | 1708, 1820, 1932; 42: 1932 | 1974, 2016.
This emergency readjust should be triggered every 6 hours if and only if:
Blockrate is 4x slower than expected or 2x faster than expected.
Nobody cares about your troll proposal or your libertarian fetish for BTC. You can ignore the free market all you want with your money but if you want people to take you seriously you need to stop your childish idealisms. Fast difficulty retargets lead to LESS flucatuation in supply, not MORE. You don't have a huge amount of people pumping in coins when diff is low and everyone bailing when diff is high like right now.
You are literally comparing price of crypto to the time people receive their paychecks. I physically facepalmed at that. This is a PAYMENT system. Would you rather have your money stuck in the ether for 10 minutes every transaction rather than a shorter time? There is literally ZERO benefit to longer block times. Your ignorance of this whole market is astounding. Worse still, you are suggesting that CAT is going to replace BTC since BTC is being regulated by the feds. If anything this regulation is what's giving BTC the legitimacy to be accepted by the mainstream.
I don't think I can argue with someone like you. I will not reply to any more of your messages. Normally I like to keep polite and refrain from personal attacks, but the level of delusional stupidity in your posts is giving me a headache.