Quote from: kalus on January 03, 2014, 07:37:04 PM

Quote from: Maverickthenoob on January 03, 2014, 07:25:28 PM

There are 2016 blocks between retargets currently, we are on block 20269 and the retarget is 22176, meaning we have 1907 blocks remaining before the difficulty returns to normal levels. At the current hashrate (assuming it doesn't drop like a rock, which it is) at the current rate of a block every 1.5 hours (avg over last 12 hours), that means we have just a little over 119 days until the diff unfucks itself, people are NOT going to wait around that long mining an unprofitable coin.

It also means that transactions are taking a minimum of 4.5 hours to confirm to the exchanges and NINTY hours to confirm from even the shortest pools. This is unsustainable, and if you see it any other way you should get yourself checked for delusion.

We are not changing anything about the currency other than letting the difficulty recalibrate more often, protecting us from the huge pools that hop around. I'm really not sure why you're so angry about this, there's just no other way to keep this coin alive.

you are changing the exact protocols which made people invest in the coin in the first place. the numbers show that we need time to catch up with the current difficulty retarget, nothing more.

do you think people honestly buy this coin becuase of the fucking cartoon cat?

we just saw a huge rise in price that was not justified by any value or usefuleness of the coin. nobody uses the coin for anything other than speculation.

now, we just need to wait for everything to catch up. guess what? you bought into your own hype, and learned things of no value shouldn't shoot up in value that quickly. that's the market making up for catcoin's noob mistake.

Do you normally change the rules of the game after the game has started, if you realize your team is losing?

So, you're saying we can't change anything because we agreed on these parameters. But either way one of them is wrong. Right now the block time is not at 10 minutes. So, did people invest in 2016 block retarget time or a 10 minute block time? We have to choose which one is more important. Since the block time right now is actively preventing people from using the coin, I'd say it's more reasonable to change the parameter that exists primarily to keep the other value stable.