Re: Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer
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.
Well, if you think the vtc devs - me including are "stupid as fuck", you should also sell your xmr..
I myself have already stated the emission should be changed, it has to be smooth in my opinion, a regular decrease in the blockreward system and not only every 4 years.
So far a lot of people dont want it, so we cant do much about it.