Post
Topic
Board Announcements (Altcoins)
Re: [ANN] THERESAMAYCOIN [MAY]|💠Crypto Currency💠| DIGITAL ASSET
by
vella85
on 10/01/2019, 22:20:11 UTC
I don't think the issue is with the supply as to why we are so low in price. The 1000 block reward isn't going to last for long. After block 216901 it's going to be a 1% POS rate. The problem is the crypto space in general. The coin supply right now is only 95m... that's nothing.

May is simply dead when it comes to the dev. If coinmarketcap is correct this only has a 7000$ market cap. You can't expect this coin to be worth a lot when the market cap is so pathetic.

Of course with the dev doing absolutely nothing when it comes to the coin it's not going to go anywhere. It needs to drop Theresa from the name first of all. Supply is fine, and the POS rate should be adjusted from 1% to possibly 5-10% to keep people staking. I won't be staking this coin once it hits 1%... that's not worth opening... may as well be pure POW.

Another issue is when this coin does finally drop to 1% nobody is going to open the wallet to stake anymore, and someone new joining the coin is going to have a hell of a time trying to get a connection.

I agree with you, I have been saying for a while here that we need the dev to start working on the coin. The dev was offered help from a couple of guys I know but they never received an answer from him. I agree that most people won't stake once the 1k block rewards end and May will slowly die unless something is done.