Post
Topic
Board Announcements (Altcoins)
Re: [ANN][RDD] Reddcoin - The Social Currency- [PoSV] Official Release v1.3.1.2
by
coinbuyer2580
on 16/09/2014, 21:05:58 UTC
I have a little over 1200000 redd and I get about 1400 - 1800 redd a day. Does that seem right?

Complete and utter BS Cointang. If this is how much you're receiving EVERYDAY on your 1.2mil RDD then the coin is seriously broken as inflation will kill it within weeks.

I have 3.1 mil RDD and I see a payment of around 1,500 coins every 3 to 4 days (sometimes faster/sometimes slower than this and sometimes greater amounts). If you do the maths this works out to around 5% per annum which is right on target for what PoSV is supposed to provide.

If you're going to tell tall stories, I think you need to at least work through the figures and come up with something half reasonable before blurting out a BS statement like that, it just misleads everyone and causes noobs to worry that their wallet staking mustn't be working.

I concur, and you are right statements like this could scare new comers to the Reddcoin community ultimately hurting the economy. I made a post calling this poster out already with no reply.