Quote from: Vlad2Vlad on June 02, 2014, 05:51:57 PM

Quote from: cryptos on June 02, 2014, 03:05:09 PM

Quote from: FrictionlessCoin on June 02, 2014, 02:28:47 PM

(1) If CEX.IO (i.e. GHASH.IO) supports IXCoin with zero subsidy.... then that's great.

I have always said a 1% inflation rate would be fine.

Well i'm new but totally agree with inflation. Be even more like bitcoin.

Bitcoin has ZERO inflation. It's actually deflationary.

So iXcoin is already EXACTLY like Bitcoin.

No inflation unless it's absolutely necessary, let's keep it exactly like Bitcoin since that's the standard.

That's my vote.

A little bit of terminology here so we are in the same page.

When I talk about a 1% inflation, I am talking about 1 IXC coin created per block instead of the 96 coins. (Actually, it's a little bit over 1%).

Bitcoin has not hit the limit. Bitcoin is still inflationary since you still get 25 new coins every 10 minutes.

Bitcoin is only truly deflationary when it hits 21 million coins.

However, because Bitcoin mining difficulty is not constant, but rather becoming more difficult over time, the cost to 'mine' new coins becomes more expensive over time. If by deflationary you mean that to acquire a new coin there is a cost to do so (rather than print money for free), then both IXC and BTC are deflationary regardless if the IXC rate is 96 coins per block or 1 coin per block.