Quote from: cayars on April 23, 2014, 12:26:40 AM

Quote from: bradmurmz on April 22, 2014, 11:54:55 PM

I still don't get what the big deal is...

In one word: SECURITY

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So what, so some guy makes an argument (and that's all it is, an argument, nothing technically wrong with the coin) about time frames and mint phases ect, and what HE THINKs is best...

We can all speculate on how things will play out, but fact of the matter is, not one single person or one single crypto-currency will ever get supply/demand/time correct. Its impossible to predict the traction something will gain/not gain with any sort of real accuracy. Adding the voting was a new and innovative way of trying to deal with this reality, and is offering a much better experiment/feature then 99% of the all the other coins out there.

Also, all of you claiming the coin is dead because its not getting a complete make over every week... The devs are not required to do anything but pass out bounties, and "SUPPORT THE COIN". Implementing some random dudes argument about what he thinks is better IS NOT part of their responsibility.

Does the Litecoin developer sit in the Litecoin thread all day long responding to trolls?? No... He does not, and nobody cares because all that matters is security updates and basic bug fixes. No little argument about economic models is going to change the rules of Litecoin, and subsequently the whole game for all the investors who already bought in already knowing and agreeing to those rules. To change the coin properties based on one speculator would be unfair to everyone else.

ALSO, why wouldn't you just trade on your speculation about what will happen to price down the road, when it happens, Instead of coming in here now and making multiple long posts about it?? Especially if you were a supposed stake holder... I think we all know by now that there really is only one reason to do such things... Just sad how much this coin has taken a beating from all this. Could have really had some natural momentum going for it from the starting line, but now everyone is all skeptical because of the price drop. Angry

Don't take anyone's word for it. Breakout a spreadsheet or get out your calculator and some paper and do a few math problems. Will take you all of 5 or 10 minutes. You can easily figure out what the vote counts will do to the different phases of the coin. Just run it 3 times. Vote of 1, 512 and 1024 to see the extremes and mid vote. Then use a number you think from your gut that will be the vote count entering each phase.

What happens and will there be miners left in the sustain phase? If not you have a security problem and the coin is compromised. You'll see for yourself what happens with a mid-point vote of 512 which more then likely will be close to the vote give or take 150. Reward jumps up in second phase (which will more then likely cause the coin to de-value as more coins are being produced. Then it drops to at most 8 HVC in 3rd phase. How does the coin survive a 100 fold decrease in mining profitability? It can't in all but the most likelyhood. When you loose miners, you loose hashing and all your coins security.

But again, don't take anyone's word for it. Do the math yourself, then come back and post what you find. Then decide if it's something you want to mine now or invest in.

If the answer is YES, then you basically have as much coins to buy cheap now that you want.

LOL cayars...

"Do the math yourself" LOL. You're still only speculating on what the value/price will be. You cant "do the math" without that variable....

bradmurmz

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