Quote from: Minotaur26 on March 21, 2014, 06:16:31 PM

Quote from: eduffield on March 21, 2014, 05:51:18 PM

Quote from: TanteStefana on March 21, 2014, 05:18:15 PM

That's just the average, and as it is going, we seem right on track to hug that blue line, so the red line is really an unlikely max that I'm afraid people think could be real. It's not, and I would like to see the formula continue as it is. I think it's unwise to shorten the lifespan of this coin. You have to remember, there will exponentially more and more people joining the crypto coin community over the next few years, and more after that. It will become an acceptable form of currency, there is no stopping it now. So the mild inflation will be quickly absorbed by demand, and allowing for meaningful rewards in the long term will keep this coin viable in our lifetime!

This coin should be the exception to the rule of, "lets get all the profit we can out of it asap to heck with the future!"

As it stands, DarkCoin can live forever, if the artificial 84million cap were removed. It is still rare, it takes a century to get to 100 million. Look at the United States Deficit! It's in the Trillions! And people think 100 million coins for the world population is too much?

We're most definitely going to hug the blue line. We're already at 20DRK and the mining network will most certainly grow in the coming months. I also agree with you about the 1M coins being absorbed by the future users of the coin. However, there are many investors that really like the coin and are interested in using it as a store of value, but are turned off by the inflationary creation of currency. Many of these people have been reaching out to me saying they want to invest but won't unless we change this.

Yesterday there was a good debate about the usability of DRK as a way to store wealth because of the anonymity factor nobody wants to store wealth on a public ledger. I totally support the idea of making the change, it can bring a lot of capital since the interest would shift from day to day transaction to storing wealth.

+1, I'd love to store my wealth in this cryptocurrency long term, and it would be difficult to do so if it's subject to inflation forever. I think the eventual coin cap can be high and the tapering schedule can be gradual so that it gives ample time for people to join in, and miners will see their profits sustained by transaction fees in the decades to come as the price rises to adjust for the scarcity.