Post
Topic
Board Announcements (Altcoins)
Re: Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer
by
WHaze
on 13/07/2014, 19:16:50 UTC
The only way we could consider halving is if we gave lots of advanced notice of the updated halving schedule. Something like halve after one year + go to smooth scaling block reward. Even that seems shady though. Faster halving won't help if there is still no demand for the coin.

The only way to even consider halving would be to be sure that it would help the coin long term and not just result in a pump.

And, there are no proofs of that. On the contrary, coins that did this had a pump then dived.


The only real answer is DEMAND ! As I stated before, price is not made by the block reward but by offer and demand !

Even if we halve, if there's no demand, the price will dive even more.

The only thing we can do for now is to advertise...but right now is a bad time for cryptos. Every coin is diving, not only VTC.

We must advertise actively and wait for the general atmosphere in cryptos to be a little better. Also, summer is always a low period for cryptos.