Re: Bottlecaps v1.5.2 Just Released Checkpoint Node New Wallet Design! Please Update
My biggest concern: Coin creation rate vs. Market Demand example-Pennies/CENT
If it stakes too high or too often people are going to make regular profit takings and drive the value down in a tragic "CENT death-spiral." Unfortunately once the average alt-holder makes ROI they won't care if the coin holds value, they'll just keep dumping.
To be fair, I did keep a few million CENT for the fond memories
If it stakes too high or too often people are going to make regular profit takings and drive the value down in a tragic "CENT death-spiral." Unfortunately once the average alt-holder makes ROI they won't care if the coin holds value, they'll just keep dumping.
To be fair, I did keep a few million CENT for the fond memories
In my Opinion, a high stake would lead to a greater price stability, if the investors can count on future support of the coin (mainly acive Dev and community and services). There are more positive examples (HBN, PHS, TEK, NVC...even DMD if its going to work one of these days) than negative.
Therefore I would vote for a stake somewhere in the 50% - 100% range. But I would prefer to leave the stake constant only reduced by increasing diff, because there are quite some POS coins now and in the future, and most investors don't have the time, or want to have the hassle with checking, which is the right moment to invest/stake.
Better when it is known that CAPs are a coin with a more constant high stake. I would prefer to start with the higher stake and leave it as it is to remain long term attractiveness, otherwise investors will leave if higher stake coins advance in the future. Cap supply in terms of total quantity will not be so important, because it will always compete with other coins, which also increase the overall cryptocoin money supply.