I've been saying for a while that 20,000/block at 3 difficulty is just producing too many coins.
Sure it may be psychological, but people would rather buy a gpu with 10,000 coins than 10,000,000.
And they would rather buy or sell gpuc for .0001 btc than .00000010 btc. I think it is not too
late for a halving of block rewards. Max coin just did it last week and everything went fine. But
all coins are in a downtrend now.
I saw Maxcoin doing it last week as well. I thought it was a bad idea for them to do it.... I didn't think it went all that bad lol...
I keep voting, telling my friends about the coin, there's at least some marketing with free GPU's etc, but there isn't as much interest. :9