Post
Topic
Board Announcements (Altcoins)
Re: [ANN][MZC][SHA-256] MAZACOIN *First Sovereign Currency* ANDROID WALLET AVAIL.!!
by
Skirmant
on 21/05/2014, 15:16:56 UTC
I read before that some plan on reducing the coins and altering the distribution model.
It sounds more like what the fed is doing not what the free market dictates.

The free market is the community and if it wants a fork, it will get a fork. Were doing the exact opposite of what the FED does by actually listening to the people that use the currency

Aren't you making bagholders richer with this move?
The people who have 2% of the coins will have 4% of the coins ? Not a good sign for newcomers.
So you're telling me that people who bought/mined and held this entire time while all the FUD was being spread, we're gonna double our holdings? Sweet! I feel bad for those who sold out. As they say, that's the way she goes.

No one's holdings are going to be increased. The block reward parameters will be changed to reduce the amount of coins that can be mined per block.
Mining will continue and inflation will still take place, though at a lower rate.