Quote from: jjj0923 on September 26, 2014, 07:05:54 PM

Quote from: Halofire on September 26, 2014, 06:17:37 PM

Quote from: jjj0923 on September 26, 2014, 06:13:28 PM

Quote from: Halofire on September 26, 2014, 06:02:13 PM

Quote from: jjj0923 on September 26, 2014, 05:05:23 PM

the basic problem with this coin is that is generates so little on a daily basis in terms of value... perhaps $30 USD

now you take a look at Viacoin which generates about $2,304 per days in terms of value.

now I take a look at my personal hashing power and it would be rediculous for me to mine this coin and make about $15/day when I could mine Viacoin and make about $50/day

face it guys - the people with GPU's are mining X11 coins that pay much higher.

You should have made the block reward about 10 to 20 coins and attracted the asic miners because the GPU guys are not going to mine his coin any longer.

who care if you're not going to run out of coins for 1,000 years or something - none of us will be around anyway.

just my humble .02

We are hurting in regards to price, yes.
Mined coins runs out in "x" amount of years, yes.
This coin is ultra-rare (~106k CGA mined over last 7 months), and once the swap is over, things will turn around, especially when 1billionhex comes out. 1billionhex is the main reason cga held its price of .001 back in June. Then the dev "moved". At least CGA is still listed on polo through all of this. CGA would have been done months ago if not for honeybadger and more recently the Diem devs.

We have to finish the swap first before we can think about moving forward. Now is the time for brainstorming, if anything.

Raising the reward doesn't do anything for us except securing the low prices we have now and possibly lowering the price further. Miners dump. it's a fact, they want profit now and not long-term thinking. Raising the price will help us, and to do that, we need 1billionhex updates, or other services.

I just think you guys went about the whole 'rare' thing the wrong way. 42 got it right the way they did it...

no one cares about if the coin will be around 100 years from now - everyone is short sighted and want something they things has value - even if they choose not to sell it. I think you'd be surprised at the increase in activity if you raised the reward to 10 or 20.

"no one cares about if the coin will be around 100 years from now" -- It provides sustainability for mining versus just mining for TX fees.

if you did a pool I believe that over 90% of the people on here could care less about sustainability

It's an unfortunate but true fact for the most part. That's why someone has to care about sustainability if Crypto is going to go anywhere.