I can understand why investors, especially the early investors, are unhappy as they've seen their investment continue to plummet. My stance on the modification of the block reward and POS implementation is that it should only be done as an absolute last resort. While it may fix the current fall in value, what happens later? We repeat the same thing again? The modification doesn't add anything to the coin other than artificially inflate the value. I can see why Joerii is against it also as it would heavily benefit any current holders of HIRO and make their current share a large percentage of the total supply of HIRO which is against the decentralization concept of cryptocurrencies.
Regarding the HiroPool, I've added an x13 port which should prove to be even more profitable than the x11 port. The previous issues with the x11 port profitability have been solved and we've paid out 200% more HIRO than if mining directly.
576,000
A little interesting market tidbit is that at the current block reward of 400 HIRO and 60s block time, we produce 24000 HIRO an hour and 576,000 HIRO a day. At the current price of roughly 150 satoshi we require only 0.864BTC to buy ALL HIRO produced daily. It really shouldn't take much to get us going in the right direction and this shows that unless multipools are responsible for dumping all HIRO produced daily they aren't of concern.
Thanks for your response, Omar. If there was a permanent sure fix to the current landscape, I'm sure you guys would have put it in place yesterday. Every idea has its upside and downside, but the point is that staying the course ain't working. I think we can all agree on that one fact, even if we don't agree on what the next steps should be.
Are you open to the community voting on how the coin should move forward? Given your team's willingness to be open and transparent, why not invite all Hirocoin investors, both young and old, to come together as one, and decide as a group what happens next? This is the community's coin, isn't it?