Quote from: Axio on February 07, 2014, 06:40:44 PM

Quote from: Chris180Z on February 07, 2014, 05:42:48 PM

Quote from: ifightformerkel on February 07, 2014, 05:26:02 PM

Quote from: haggis on February 07, 2014, 05:13:44 PM

Quote from: ifightformerkel on February 07, 2014, 05:02:38 PM

Dev can you reduce the total amount of coins?
Maybe from 8.4 billion total coins to 3 or 4 billions?
Maybe a restart?

Because the coin will be now 1.5 month old, and there are only 4% of the total amount mined yet!
This is a nice coin, with no premined, and a good new ideas, but there are to little people on this coin (i dont know why).
With a reduce of total coins the price maybe rise and then people will observe and mined the coin.

WTF? Don't change rules after the games has started until it's absolutely necessary to survive!
"Only" 4% mined after 1.5 months is good. There needs to be a longterm motivation for miners which doesn't exist if all coins get mined within weeks.

Price will rise by demand.

yeah but how many people mining this coin? nearly nobody, because the price is to low, and when the price go straight to zero then, when nobody mine = coin dead.
With a reduction there will be hundreds of new miners.

or just wait a few months until the prices do rise. I am mining a lot, and I know many other who are.

I will not make any changes towards the code regarding the mining parameters, it does not matter what the price is and mining power.

Xivra was born to be a long term project and not to be a pump and dump currency. Many of the future plans for Xivra just take time. Therefor it was and is the initial intention that it would take at least 3 years before 75% of the total amount would be mined, while still leaving a sufficient amount to be mined (For Bitcoin this is 8 years). Within 2 years Xivra will evolve so much that people who got some while it still was easy will be happy.

I do not understand some of the reasoning. Why would Xivra be dead if nobody would mine? As long the client and code is good and there are nodes to connect too then Xivra will exist. ( I would agree to say that the more mining power and clients connecting, the more secure the network is ).
I do expect a big increase in mining power within 2 months. For this reason there will be a new launched by me today on a beast of a dedicated server.
Also I need to say that Xivra has alread more hashing power then Bitcoin had just 3 years ago.

I do think there is a big misconception regarding Xivra for some people. Xivra as a project is focused on the long term future to be a valid payment option, both online and offline. The focus is not that 1 Xivra will be worth $1,000.- or $10,000.- , the focus is that it actually will have a minimum value in the future. What the actual value will be on the exchanges is up on the users / miners / traders / investors. Personally I strongly believe that 1 Xivra will reach a price anywhere between $0.01 and $2.00 within the next 2-3 years and that Xivra will be able to be exchanged straight to USD before the end of this year.

Just remember that 1 Bitcoin was worth $2.50 just a year ago. Things can go fast in the world of crypto currencies.

If people want high prices for Xivra as soon as possible then I can only suggest that people make websites promoting Xivra, promote Xivra on forums here and elsewhere, accept Xivra in your online store. etc etc. Get involved !

Peter

Ok, you have me convinced. Grin

Than i hold my millions and hope it will rise this year to 0.01$.