Quote from: Quantum12 on June 07, 2014, 03:36:21 PM

Quote from: Grifftech on June 07, 2014, 03:32:42 PM

Quote from: Quantum12 on June 07, 2014, 03:05:32 PM

Quote from: Grifftech on June 07, 2014, 02:58:31 PM

Quote from: Wulfcastle on June 07, 2014, 02:26:24 PM

Quote from: boestin on June 07, 2014, 02:11:02 PM

Hi Devs,

Love your coin. Perhaps this question was asked before, but why did you guys plan the hardfork. I saw on page 1 there was a reduce of 15 million coins in stage 3? Does that affect the absolute total?

Thanks,
Boestin

We reduced the block reward in the best interests of the community. If you look through the thread you'll find numerous posts which ask for the block reward to be reduced for the 2nd PoW phase and a few even wanting to scrap it altogether. We compromised and reduced the block reward to 2500 from 5000, limiting the dumping from multipools in the process as well as appeasing both our current community and the miners who will be mining during the 2nd PoW phase.

With regards to the total coin supply, it now means that after the 2nd PoW phase there will be around 45 Million SC instead of 60 Million.

A large chunk of my coins went into staking, how do I get them back to the balance to become available? The price of SC has gone up enough for me to sell and make enough to buy back in and increase the amount of SC I have. But can't do that with a large portion of it staking.

you cannot do it retrospectively

you can tell the wallet to not stake a certain amount of coins and they will remain spendable in balance..

SETTINGS....MAIN....'reserve' type the number of coins you DO NOT wish to stake here

Your coins get returned pretty quickly so they should go back to your balance soon anyway

How long do you think? Still waiting and the price is up even more and would like to sell and rebuy on the next down leg to get more SC

i dont know m8 , not sure on exactly how it works just i noticed mine get returned quick , why so eager to dump? this might be the cheapest ever :p

Buy support has increased by 5 BTC in less than 30 minutes. There's quite a bit of support at 2500 Satoshis and above. This all indicates that market demand is rising, and people are looking to enter the market. This will only increase with the amount of exposure from the second PoW phase.

A 2 BTC sell just occurred on Poloniex and dropped the price to 2700 Satoshis, within minutes another 1.5 BTC worth of buy orders appeared above 2800 Satoshis, that in itself shows how great the demand is getting.