Quote from: zsp on June 22, 2014, 07:43:24 PM

Quote from: mig5000 on June 22, 2014, 06:41:08 PM

Quote from: Jiggy0001 on June 22, 2014, 03:40:40 PM

right but if this goes on like this... vtc will be at 1 sat before fpga miners arrive...

too bad how those dev guys behave.

the stealth address info made vtc pump to 0.0015 and after that it is going DOWN.

i remember someone talking about VTC considering skein algo. But all those issues should be mentioned heret too.

lets see what happens in the next two weeks.

Everyone is talking about new featureS, but stealth addresses are the one and only thing confirmed.

We have been warning people about this for over 2 months now. at .0015 , you need 50 BTC / DAY of "new BTC" every day just to stabilize the coin. That is not realistic for a coin like VTC. Coins that are "hotter" than this are barely getting 50-200 BTC range per day.

2 years ago people were not aware of inflation but right now everyone is and until VTC halve once or twice nobody that is sane is going to invest much in this as in 1 year from now there is going to be 300% more coins maybe and my investment will have been cute in 1/4th.

Most PoS even if they are trash are stablizing and all PoW are going to the ground and burning in flames. I LOVE VTC but. you know...

Could you explain please why you need 50 BTC / day at 0.0015 price to avoid inflation and why the investment will be 1/4th if the 50 BTC/day doesn't happen?

It's a simplified view of things as a whole, but also a useful calculation to make. Simply put, there are 28,800 new VTC minted every day. If the current price of Vertcoin is 0.0015 AND every miner dumped ALL coins they mined, 43.2 BTC would need to enter the Vertcoin market in order to keep the price at 0.0015.

I say 'oversimplified' because most miners do not dump all of the coins they mine.

Coins mined per day = (24 hours * 60 minutes * 50 VTC per block) / Block Time in minutes = 28,800
BTC needed per day = 28,800 * current VTC price = 28,800 * 0.0015 = 43.2 BTC