Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CLD] XCloudcoin | Profit Share | XCloudIM Google Play | 1 Million coins
by
dminer69
on 17/09/2014, 17:47:42 UTC
Why is the coin supply being cut in half exactly? If it is only to make the coin more rare, I'm not sure going from 1 .1 million to 600k is going to make a vast difference.

The coin supply will be cut in half to increase the value and rarity of the coins in circulation.

If that is the only reason, I'm not sure halving will be enough. Perhaps you should do something like 10x. But moving on, in my opinion, we are good, the coin is at 10k, which is a good spot to target all investors (not just whales). If we halve it, we'll hopefully be at 20k, that isn't much of an improvement when the coin had already been >50k.

Just my 2 cents

i dont if you have looked at the market, is pretty clear we need a price assurance and 20k is not my target, talking 100k sasts, we want people to stake their coins to build a stronger network, thats why by halving our total coins we will offer a % stake reward, we are still deciding on that % from 25,30 or 45% on year 1.

then again on cld 2.0 we will have cloudsend and encrypted chat right at the swap.

our current amount of coins will be halved the as well, right?

Could you give an estimate timeframe for the swap/CLD 2.0  ?

Correct, what ever you have will be halved but if we end up doing 45% stake everyone will gain their coins back in a long term.
cld 2.0 is almost ready, we will offer a 15 day window for everyone to swap their coins.

we are waiting on a new wallet design to announce the day for the coin swap, but to give a time frame about a week or less.