Quote from: binaryFate on November 07, 2014, 11:39:04 PM

Quote from: rpietila on November 07, 2014, 11:19:10 PM

The reality is very simple and it has nothing to do with the current price:

Premined coins will be ignored.

BCN hit the market being 82% mined. Nobody took it seriously. It was forked. XMR was born.

The shitty market condition and developing of this new tech take 2 years. XMR hits the market, 70% mined. Many will feel pity for it to be a nice coin, but will nevertheless fork it since it has no chance to fly with such a huge unfair premine. Total loss for holders.

If we want that anyone takes XMR seriously, and regards it as a fair coin after 2 years, we cut the emission now. Otherwise we risk a fork to a coin with a fairer emission.

We risk a fork in any case. What you propose is a sure fork happening within a month, I'd stake my stake on that.

The only reasonable way out is getting back to growth mode within next month or so.

To be honest, I do not believe in this. Risto is not willing to purchase coins so much anymore.
Now we need outsiders adopting Monero and it will be long road and not definetely done within 30 days.