Quote from: NorrisK on November 12, 2014, 01:30:55 PM

Quote from: rockethead on November 12, 2014, 12:42:20 PM

Quote from: NorrisK on November 12, 2014, 11:22:49 AM

Quote from: rockethead on November 12, 2014, 10:30:09 AM

Quote from: NorrisK on November 12, 2014, 09:33:23 AM

Can we please stop the coin number discussion? People are talking about NEM when they are discussing it, not the "8 or 8.888 billion total coin cryptocurrency". Total waste of time this..

Isn't coin number about NEM? Or you want us to switch subject and talk about NOBLECOIN? That will be a waste of my time, too.

Why are you involving noblecoin in this? I'm supporting them, hence my sig, but I'm not starting a discussion about them here.. Leave noblecoin out of this.

I'm a stakeholder in NEM and that's why I feel useless discussions should end at some point. It's not good marketing towards new people if the main discussion about one of the greatest projects in crypto is about something as small as the total amount if coins.

There have been discussions for weeks about something that's hardly used in daily practice and those discussions should end and make room for more constructive ones.

You may think it is frivolous but the point is it needs consensus. With so many fuds, this must be discussed. If everyone thinks it is nothing, this wouldn't have been such a topic. Further, it will affect the market price of NEM. Shouldn't you be interested if you are a stakeholder? What affects your concern more? How to claim?

It would indeed affect the price per NEM, but not the market cap or price per stake. Therefore, from a price point of view I couldn't care less whether we have a 4 billion or 888 billion supply. The stake will be worth the same.

I understand the reasons to this number discussion and get that most people want an 8 rather than a 4, but to keep going at different variations of 8, especially in this stage of development just isn't efficient and fruitful.

Concerns have been voiced, dev team took notice, alternatives were provided, and I'm sure a good decision will be made on the total number.

I am not sure what you mean by "It would indeed affect the price per NEM, but not the market cap or price per stake." - the price of NEM will affect the market cap as the market cap depends on the price of the NEM to arrive at its market cap value. Mathematically, 4 Billion or 8 Billion supply affects the price of NEM and the market cap.

It appears that you seldom come here but some work has been done and it is not so much about superstition anymore.

https://forum.nemcoin.com/index.php?topic=2661.msg9164#msg9164

To note: I was indifferent about the number of coins until I actually started looking at its implications. You see, I am one person who will not treat anything likely unless I have thought much about it. I came out with a brief view and then later I was asked to give a more affirmative view with regards to having a quantitative analysis on it. If the analysis has any bearing, then you should be more interested rather than just writing it off without due considerations and think it is a waste of time.

Sometimes, we should recognize that little details like these can make the difference between a well executed project and a failure (or not so well executed project). No matter how preposterous a suggestion is, one should not just knock it off. After all 4B to 8B came from a superstitious suggestion, which to me was preposterous. But I looked at it from another perspective, i.e., what if we really increased it? Will it make a value difference instead? Whence I went out to look for an answer.

None has challenged my findings so far. And I welcome a challenge.