Post
Topic
Board Altcoin Discussion
Re: [ANN][MRO] Monero - an anonymous coin based on CryptoNote technology
by
thankful_for_today
on 24/04/2014, 09:47:43 UTC
I know I am now going to get accused of being a pump and dumper by those too emotionally attached to this coin, but how can that be true when I have less than 500 coins? Or is it 250? Or will it be 125?

How about I just give you 250 coins? The idea here is to move forward and correct the error, not rip anyone off.



I don't want your coins and I'm not suggesting that anyone is trying to screw anybody, this is all about the perception of devs being able to take coins without any mandate - please try to take me seriously.



We don't agree that a reverse split amounts to "taking" coins. I also wouldn't agree that a regular forward split would be "giving" coins. It's an exchange of old coins with new coins, with very nearly the exact same value. There is a very slight difference in value due to the way the reward schedule is capped, but that won't be relevant for years or decades. Such a change is entirely reasonable to fix an error in a in coin that has only existed for a week.


There were no error made in this coin but now there is an initiative to make some changes. Changes are always bad and changes destroy participant confidence even in case these changes are looking as useful. We have to be very careful before making any changes in coins Wink