Post
Topic
Board Announcements (Altcoins)
Re: [NLG] The even greater Gulden thread!
by
Danuberiver
on 26/03/2021, 15:53:01 UTC
It is what it is with Gulden, I can't be angry because Rijk didn't scam or run away from this coin. He also consults with the community well in the last 9 months. It is a sad story because Gulden deserves more credit, I did give my input but most responses thought my input was not helpful.
Nothing will change because the rewards are needed for development funding and if the max supply is changed to < 600 million the rewards will run out too quickly. Gulden is stuck where it is and changes can't be made to max supply and reward.
I understand why litecoin also followed bitcoin with reward halving every 4 years because it makes each coin more valuable for the same or more demand and traders and investors always look at future value.

Why must I pay more for something if the high quantities keep flowing in, that is stupid and not common sense.





What makes a reward halving every 4 years better then a reward halving every 6 months or every 1. Alternatively a 25% reward drop every year or 12.5% drop every 6 months. Why the 4 years?

Efl has halving every 6 months and our reward is 0.09765625 per block. This is less than Novo and more natural but total supply is same as bitcoin.

Without any marketing or development and on one exchange EFL marketcap is close to Gulden, when bitcoin price goes up EFL does better and Gulden much worse because of high inflation.

This with big development and more users but the max supply and no halving is bad for the price.