Quote from: rebel24 on January 28, 2014, 08:55:58 AM

But at the current rate, market will always flood with new coins punishing all your investors who are serious in it.

I'm not sure the issue is on the rate.
You are right that currently it's really easy to generate coins, compared to the situation 1 hour after the launching.

Nevertheless, it's easy to generate coins because the difficulty is low.
And the difficulty is low because the "mining" network is not mature enough. There were pumpers in the beginning, now just believers of this foxcoin. That is the reason why the hashrate remains around 160-170Mh/s

If you think it's too easy to gain foxcoins, so mine it! You will take advantage of this situation, and you will also contribute to the construction of a huge mining network.
This is how difficulty works.

Concerning the rate itself, having a rate decreasing slowly allows new miners to play with it.
In other altcoins where the rate decreases fast, early miners have the full monopole of all the market.
If you know that 80% of coins are mined in few days/weeks, is it interesting to continue mining after that?

The current rate allows a dilution of the market in a large number of wallet owners. It's better to see 80% of the coin owned by 80% of the miners, rather than 80% of the coin owned by 10% of the miners. I think it will help stability on trading because you will not see less huge owners selling their coins in one time.
For instance, take the situation of bitcoins. It seems stable, but if the FBI aims to sell their 100.000 bitcoins or more
in a short time, you will quickly be able to buy 1 bitcoin for just few cents Wink

Quote from: AnonyFox on January 27, 2014, 08:31:18 PM

What do you guys think about removing the hard cap of coins for FoxCoin?

By hard cap, do you mean the Maximum Coins: 1 Billion?
If yes, then you are talking about something which will happen in 3 centuries. Let's be honest Foxcoin will be dead (and us too) before that.