But even assuming straight low votes and we end up at only 4.7 years for sustain phase. WHO IS GOING TO MINE THIS? This coin will go from 550 (give or take) HVC per block to 5 HVC per block (give or take). That's over a hundred fold decrease in mining profit overnight. The coin commits suicide IMHO as soon as that happens.
Umm, you do realize that people aren't just going to sit around and keep selling at the low price when they know that it will suddenly become 50-100 times harder to mine? Price isn't going to stay the same as now and then BAM! instantly it becomes 5 coins per day instead of 500 coins per day of mining. That will NOT happen unless everyone is dumb. Early adopters won't just dump the coin at the current super low price. Also the new miners or buyers won't even be able to dream of buying it at the current low price. Also, it's not going to be an instantaneous overnight change like you say anyways to the people who are mining & trading.
I'm not a hater, but don't see a bright future or any future for that matter for HVC at current without a core change to fix this major problem as I see it.
You see a major problem. But many others do not. So who is right? Still you?
There are about 100 coins out there which I do not see a bright future for.
Heck, I don't even know if Bitcoin or Litecoin has a bright future. I wish I knew...
Yes, BTC is down and so are other alt coins. Really doesn't play into my thoughts much at all about this coins implementation. Really all that does is change the line of profitability a bit as I pointed out in the first "doom/gloom" message written yesterday where the 4 rig AMD is making less than 30 cents a day right now. But will that same person continue to pay $2.75 in electric costs per day to earn back 5 HVC per block?
There you go again. 4 card 280x rig currently mines about 200 Heavycoins right now. You are "assuming" that price will remain the same.
When the time gets closer to the sustain phase, you won't be able to buy 200 HVC for $2.75. Or do you know for sure that you will be?
Once you accept that you have no clue about the future, then you will understand that what you are saying is ALL speculation.