Bad news, the reward is going from 100 to 120 when Sigma launches as 40 reward going to Gulden Advisory Board for dev funding. New rewards is 50 mining, 30 Witness and 40 Funding. I have dumped my coins that aren't in witness this morning as the price will go much lower because more inflation. Max coins stay the same it will only get max faster.
What idiots. I have said for longest time Rijk needs to decrease block reward, whoever make these decisions can't care about the price. EFL had the right formula but we couldn't find a good developer like Gulden have. This is end for Dutch crypto, RIP
Rijk must use the SIGMA update to add in reward reduction. Less coins in circulation = more value.
Doge has 269,178,926 USD marketcap but only sat price of 26, what good is this to anyone because the supply is too high, no one making profit, like Fiat it lose value.
Bitcoin halving is less than 1 year away, expect the crypto valuation to pass 2 trillion during the next bull run. Gulden Marketcap will peak over $200million next year.
This is why Rijk must introduce reward halving. Many coins did this after launch, digibyte reduce 1% every month but was not started this way. Digibyte have over $120 million on coinmarketcap and top 50 coin. Investors are looking for future value and halving gives each coin more value.
EFL reduced 50% often but we could not find a good developer to improve the coin.
Can't quote because locked but here i say price won't go up because no halving. 3 August 2018
https://bitcointalk.org/index.php?topic=3116357.msg43391212#msg43391212and many more posts.
I have to shake my head on the keyboard!!!Increasing rewards with a coin that has the marketing skills of a dead person and the rate the price is already dropping with 100 reward is not a good combination. Is it possible the coin will go below 1sat and if it does will bittrex add an LTC pairing?