Quote from: vidarh on August 13, 2014, 04:37:18 PM

Quote from: CrimsonPermanentAssurance on August 13, 2014, 04:03:50 PM

I am urging the team to seriously re-evaluate the 100 Key requirement to use KeyTrader. It is absolute chump change, especially now. The requirement should be MUCH higher. It isn't doing anything for the price (as we can all see). You basically just gave away a cool tool to anyone that can be used with any coin.

It's chump change now. But keep in mind KEY is limited to 1m coins. It won't take many users before it "locks up" a fairly sizeable chunk of KEY. For the price of KEY it'd be great if people get 100 KEY to be able to use it with other coins. Even "just" a 1000 users would tie up 10% of the coin supply. Even just 100 users means 1% of the coin is tied up. If it was much higher, it might constrain supply too much.

Of course it can be lowered later, but set it too high and it'll be counter-productive - just preventing people from using it.

Anyone imagining there being 10,000 users with 100 coins each is a bit crazy. Right now, there are probably 300 users, if that. The requirement should be MUCH higher to encourage buying and holding. I guess it's up to the community (hopefully). I will shut up about it now. And, just to be clear, I hear what you are saying, and I'm not suggesting you were imagining 10,000 users at 100 coins with 100% of the supply locked up. It would be interesting, however, to see what would happen if 100% of the supply was locked up. Maybe people would start to REALLY want those tools!