Post
Topic
Board Announcements (Altcoins)
Re: Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer
by
pseudofx
on 11/07/2014, 21:10:23 UTC
Alright, I'll let the continual downfall in price back up my claim. It's price fell more than 70% in 1 week, is that good enough for you?

Wanna know why it's price keeps falling, even with all the nice features added to vertcoin? Because too many vertcoin are being minted each day, like over 20,000 vtc's are mined each day....There's HUGE HUGE inflation with Vertcoin, and all those mined vertcoins are being DUMPED on the exchanges. The price will always continue to fall until Vertocoin reaches 1 satoshi(1/100 of a cent) per coin.

That's why, the devs need to change the block reward, make it so only around say, 2,000 vertcoin, are mined each day. If the devs dont do that, say goodbye to Vertcoin.

No, you are providing logical fallacies. Do you still think a few sentences is going to cut it? Not even a page will cut it.