Quote from: RiseandFall on April 26, 2021, 08:13:48 PM

I sold this coin after the 1st dev reward not because of the dev reward but because Rijk increased the block reward and I see the block reward is 160 today.
I left when it was raised to 120. They should of kept witness at 20 and dropped mining to 20 and 40 dev reward.

By raising the block reward the price dropped and they had to do another reward increase. It was common sense the price was going to crash and never rise.

It looks like common sense is returning to this project.

I don't think at the time they thought about the consequences of raising the rewards as they were trying to keep development going which was more important.

With the beta chain Novo the max supply and reward is changed and it had a positive outlook on the price. Novo was trading flat and slowly down until the announcement. The price went up 2400% and has settled 50% lower but 1200% higher before the change. When GAB saw the result, soon after they started a discussion with the community to do the same with Gulden.