Quote from: wwonka36 on February 01, 2014, 04:01:43 AM

Ouch, now my coins after stage one and stage two have dropped from almost 2,000,000 to 1,375,000 in two days and still 16 days to go before lock-in. Guys at REDD I see your at 24 bitcoins!! That is great but the more you get, the less coins I get for 16 more days. At the rate of decreased coin allowance for us, by the closing date each investor will be out millions of RDDcoin. Right now its not a big deal because RDDcoin are worthless, but when it hits the exchanges that is a crazy real money loss.

Investors please correct me if I'm wrong.

Peace,
wonk

Quote from: ReddCoin on January 31, 2014, 05:35:37 PM

Hi everyone,

Please keep this in mind: The value of your investment doesn't change when more people join the IPCO. You will get less coin, but every time someone joins the IPCO, the coin value increases.

In the next weeks, the market will regulate the coin price in 2 different ways. First, how much everyone pays for it during the IPCO and second, how easy it is to mine.

If you receive less coins for the same investment during the IPCO, they will be worth more. You pay the same amount and you receive less so you obviously believe they are worth more. Everyone will have to pay more for their coins so they will be looking to sell them for more. This is simple economics, supply and demand.

It's the same for miners. The more miners who mining Reddcoin, the less reward they will receive when they find a block. Having a lot of miners will lower supply and increase coin value.

Our job in the next weeks will be to have more miners. This will be the only way to increase coin value in the short term. To make this happen, we have to work together so more miners get on board and mine Reddcoin.

Then, our next plan will kick in during the coming months and continue to grow the demand for RDD in the cryptocommunity and most importantly - social networks.

Reddcoin

It make sense.