vertcoin devs are stupid as fuck. This coin was already instamined over 600k coins. They need to change the fucking block reward, it was already instamined, if they dont change it, this coin is Dead.
No one is going to listen to you with a mere sentence and no information to back your claim.
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.
Nobody wants to use a currency that is losing your money and is quite unstable.
LTC is the same but benefits from the LTC/USD market and see where it goes. VTC doesn't have this luxury. There is less exposure on the market for VTC.
Dev keeps adding features and the price keeps dropping. Add as much feature as you want until the inflation is fixed (dynamic reward) you will have a continous pump and dump chart because minting 25-100 BTC/day is not sustainable for a 2nd tier coin. Every time VTC reach a certain price point the amount of BTC generated per day IS NOT SUSTAINABLE PERIOD.
If you fix the inflation we will HAVE A FLOOR, bag holder won't see their investment lose 50% value every week and having a floor will bring more investors and the price will start rising again. Anyway you do w/e you want. One day you will understand and I will buy for half the price what I would buy now.