Quote from: xX_otto_Xx on September 26, 2014, 04:12:53 AM

Quote from: Angora on September 26, 2014, 03:56:39 AM

Quote from: xX_otto_Xx on September 26, 2014, 03:24:28 AM

Quote from: Angora on September 26, 2014, 02:00:51 AM

I do understand the reasoning as to why to lower the amount.

That said; please consider that there are folks just getting into crypto mining who don't have alot of hashing power and don't rent rigs for whatever reason (I am one of them. I just branched into scrypt coins 4 weeks ago using a 5-chip grid seed).

I get ~12 coins/day avg since the halving. Now compared to others here, that is a pittance. I buy hardware as I can afford it.

My concern is that if it is reduced too much, new entry level miners won't stick around.
New miners are the ones that are gonna help grow the coin. Don't cut them off.

I was mining a coin that was only cpu/gpu. At it's 6 month date; it switched the algo so only an R9 GPU could mine it. That forced me out as I was mining it on a laptop.
That Dev never replied to my PM and the community basicly said... too bad too sad goodby don't let the door hit ya on the way out. They said it had to be so to up the overall hashrate of the coin.

So when you make the changes to the block; plz keep in mind how this will impact the small miners and try to minimize the impact on them.
Don't throw the baby out with the bath water.

can someone explain to him, why we need to slow down the block rewards hate to run off a newbie. but if the coin get mined, then it will have slow very slow transaction, plus the big miner will keep flooding the market and so on, im sure someone else can explain it to u better. As for myself I didnt mine the coin. I bought with BTC, and the value has dropped, so im in this for the long term. and please dont take this as no offense if im wording it wrong, Im not trying to be mean or rude. but if the coin get all mined up very fast, there wont be no work for the transaction speed.

No offense is taken.

As I said I do understand as to why there is a desire to slow the block reward down.
I'm sticking with this coin for the long haul and do plan on purchasing more mining equipment as I can afford to do so.

I am hearing that the LTCD Dev team have plans for some type of reward incentive to hang onto coins.
Can we get that feature in place prior to reducing the block reward?

Yes the Dev is working on alot of great features for this coin. And it going to be the 2nd gen of crypto. but its taken a lil time to resign and rewrite, I believe there trying to get more devs on board. The feature will be coming out in phases. The rest of us are just trying to gather as many coins as we can. lol.
All I can said is get them while there cheap and hang on to them.

Yes, and we shouldn't forget they they do it in free time. They also have other important things to do in every day life like their jobs and maybe families.
We need to be a bit more patient and give them more credit.