Quote from: Mikellev on March 06, 2014, 05:46:52 PM

Quote from: Dinthar on March 06, 2014, 04:56:43 PM

This coin is dying on the vine. In theory, an escalating block reward is a good idea, but for most people (i.e., the serial coin hoppers), there's no reason to mine it until the block reward nears its peak. That harms early adopters, because the block reward right now is just a fraction of what it'll be then. Anticipated difficulty isn't enough to bridge that gap.

I would halve the number of scheduled block reward increases and make them twice as frequent. That toes the line between having a basis to insert new life into the coin (reward doubled!) and not completely screwing the people like me who have stuck with it up to this point in the face of waning interest.

The other problem with this coin is that the block reward is incredibly discouraging in the face of a statement that there will be 20 bazillion coins overall. Anyone who doesn't take the time to actually read the thread sees DOGE-like total coin figures against a block reward in the hundreds, thousands, or low tens of thousands max and thinks, "Well, I missed the boat, I won't bother with this."

Most ppl forget the diff. As soon the bigger blockreward kicks in, the diff will rise, so is the number of miners.

Right now with low blockreward only few are mining and stacking coins. With more diff + more miners = the number of coins you get for your hash drops.

Ppl complaining now, and they did it in our chatbox clearly say:
"F*ck this coin! I want coins now, sell, make money and next coin, thats what we want......"

Sad but true
Mike

It's presumptuous and, frankly, a bit silly, to assume that the difficulty will double with each block reward doubling.