Quote from: Doxter on Today at 05:01:38 PM

Quote from: Toldyouso on Today at 03:52:02 PM

Quote from: Doxter on Today at 02:15:36 PM

Quote from: Enriquerow on Today at 12:33:01 PM

Does Gulden have a bright future with the max supply and rewards staying the same?

2 options and the 1st option is not possible.

1. Same max supply and reward = More exchanges. I can confirm the community is unable to afford a new high profile exchange like Binance. Stex is a low volume exchange and bittrex is not in the top 10 and losing influence.

2. Burn the max supply and change the rewards. This will bring in more interest and the price can go up, same demand, less rewards = higher price, people start making money, they talk more and get more interest.

You can't burn coins, no premine. Only reduce the total coins.

Look at what I suggested as a balanced solution and it's a solution I didn't come up with but what was originally intended by Rijk.

Quote from: Toldyouso on March 20, 2021, 02:28:59 PM

I was one of the few voices at the start who was against the reward change from 1000 to 100 and when they went ahead with the change Rijk never adjusted the max supply to compensate. Next year if the rewards remained the same with the 4 year halving schedule, 75% of the total supply would of been mined out.

Next year Gulden will only have 35% of the total supply mined out and a long way to go before 75% is achieved. This scares off investors.

To correct the situation the total supply needs to be adjusted to where current supply is 75% and a reward halving introduced on the 3rd April 2022 when the next reward halving was expected to take place.

Someone else in the team or community can work it out but the max supply will need to be adjusted close to 760 million to bring the initial reward structure back into balance with a reward halving starting on 3rd April 2022 and every 4 years after.

A year is too long, you need to drop the total supply and rewards like yesterday. Remove the dev reward and you will have 20c in no time.
No investors like a money trough of coins going to a few developers. Whoever has the money has the control!

Let me try get back to the echo chamber that is the Gulden slack and try show them the light.

Posting on here is pointless.

The reward halving and max supply change above reduces the influence of the development reward from 550 million to 120 million which will ease investor anxiety, I don't like change when it comes to the original blockchain settings but that is the reality we are in.
Malcolm has also moved Gulden away from a bitcoin copy and thus removing Malcolm as a developer is not an option, the development reward if well managed should be used to hire more developers.

The blockchain setting changes I have advised on caters for Investors, traders , long term users and developers. Short term profit gainers are a curse on any blockchain.