Quote from: CLywaTeLb on June 05, 2019, 03:54:43 PM

Quote from: Wayan_Pedjeng on June 05, 2019, 01:09:52 PM

Quote from: studio1one on June 02, 2019, 04:16:32 AM

With the price going down at the moment we can expect the staking difficulty to rise even further up. Even with 6k Veils, it's getting harder to get a stake every 3-7 days.

Please excuse my ignorance. Is it possible to do PoS mining with just 6,000 Veil? I thought that for doing that you need to have a minimum of 10,000 Veil in your wallet. Anyway, the decrease in mining reward is good news for people like me. That means that the supply of coins is reduced and the exchange rates may rise due to the scarcity.

It seems, most likely the opposite. The decrease in mining reward is associated with an increase in complexity, the emission is the same.
In this case, you will get a reward less often, and large holders will receive a large part. They can sell rewards of the same volume, but already from a limited number of holders.

Many hold thousands of veil but after seeing how much the developers are using their hundreds of thousands of veil to stake, why even bother to stake if developers will receive over 90% of rewards on top of the superblocks they mine? Do you trust them not to dump when they stake and mine anonymously? Do you really believe they are not dumping without any proof except "believe us"? Many of us believed them through pivx and look how they sold pivx project without notice to some of their most loyal users.

edit: By the way I hold thousands of veil, way more than I should for what I see developers are doing. I believe they are good at coding and have exceptional talent, but the problem is they have gotten too greedy and many are worried they will dump veil when every chance they have. They have not published proof they are not dumping. Proof in blockchain world is very important.