Quote from: annapapo on June 05, 2018, 02:07:54 PM

The problem with this coin is that the inflation rate is ridiculous. There have been 14,600,411 coins produced as of now, but the miners are blasting out approximately 15,000 new coins per day. There is a long way and a lot of massive inflation between now and the max supply of 2,500,000,000 coins. If there is still a dev anywhere, you should cut the max supply to 21,000,000 and stop it for good when it gets there. There should be no more mining and no more staking once the supply reaches 21,000,000. When the supply gets there, people should have to purchase them on the exchange if they want any. The current price of 250 satoshis is disgustingly overvalued for a coin with billions of supply. You need to stop it at 21,000,000 so it can be a relatively rare coin before it gets out of control.

15,000 coins a day does seem like a lot, but 2.5Bil/15,000=166,667ish days, or 456 years. Though I too would prefer to see a block halving, we technically won't see 550 million coins in circulation for another 100 years Grin

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