Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: zeded on March 23, 2014, 06:05:18 PM



Title: .
Post by: zeded on March 23, 2014, 06:05:18 PM
 . bumface should make the poll so there would be a larger sample.

sorry


Title: Re: UTC 10 per block instead of the current 50 per block.
Post by: thaitunhi1606 on March 23, 2014, 07:05:31 PM
I thinks 25.


Title: Re: UTC 10 per block instead of the current 50 per block.
Post by: bumface on March 23, 2014, 07:11:00 PM
ill think about it.i do see the merrit of less dumping, but dont forget this could upset the miners.....

if it bringes the price up due to less dumping, then the miners wont mind obviously, but its about the transitional period....

This is a thing better done from launch.


Title: Re: UTC 10 per block instead of the current 50 per block.
Post by: thaitunhi1606 on March 23, 2014, 07:29:14 PM
25 is better than 50.


Title: Re: UTC 10 per block instead of the current 50 per block.
Post by: utcminer on March 23, 2014, 07:49:22 PM
ill think about it.i do see the merrit of less dumping, but dont forget this could upset the miners.....

if it bringes the price up due to less dumping, then the miners wont mind obviously, but its about the transitional period....

This is a thing better done from launch.
25 is better than 50.


Title: Re: UTC 10 per block instead of the current 50 per block.
Post by: CryptoCthulhu on March 23, 2014, 08:17:25 PM
This won't help anything. Problems like weak marketing, no tech dev and nitro pool should be solved instead. Dumps will happen anyway, this coin has a lot of bagholders who just wait to exit.


Title: Re: UTC 10 per block instead of the current 50 per block.
Post by: azerbaidjan on March 25, 2014, 08:18:20 AM
The mining schedule was a bit greedy to begin with as it clearly had a Bullish scenario in mind, not the bear market we are experiencing as of now.
Therefore an attempt to salvage the ship could be to increase the scarcity of this coin.
This will also reduce dumps from the one day miners around, hence increase the likelihood for going up in the future at a more consistent peace.



Title: Re: UTC 10 per block instead of the current 50 per block.
Post by: sniveling on March 25, 2014, 10:26:38 AM
10 per block sounds better to me. There should be less dumps that way.


Title: Re: UTC 10 per block instead of the current 50 per block.
Post by: Halofire on March 25, 2014, 11:00:23 AM
utc is not litecoin or vertcoin. utc is utc. no comparison needed. 25 if anything, can't rock the coin too hard. nfactor already too fast. provide function for utc, get buyers and spread the coin out. price rises. supply doesn't matter as long as there are buyers and hype.


Title: Re: UTC 10 per block instead of the current 50 per block.
Post by: Halofire on March 25, 2014, 12:03:00 PM
Your main concern is price, not quantity, but you think quantity affects price like how public opinion affects price. Rarity isn't going to sway the public at this point, and we know public opinion is the strongest force. Rarity could also damage the coins value, like something that's SO rare, that it isn't worth anything. Also, the public will probably just brush this reward reduction of its shoulder like its nothing. Reason price is where it is not because market is flooded, nor because it will be, but because all altcoins that dont shine dwindle. utc was worth 2x (steadily) as much with current output supply. Again, if this coin was worth its weight in gold, it would be reflected in price, regardless of supply. Give utc a reason to rise other than they are rarer. UTC needs purpose, and it will come once/if it's mainstream, and again, supply won't matter. I keep saying supply won't matter, but I really mean it for 'finite production' coins.

edit: i now see your goal is longevity of the coin, not price. cutting reward will certainly do that, but can have serious negative consequences in price.


Title: Re: UTC 10 per block instead of the current 50 per block.
Post by: Halofire on March 25, 2014, 12:21:22 PM
i edited last post right when you posted  ;)

inflation doesn't exist if public opinion says coin is worth more which triggers demand. then ya can't mine enough to satisfy the public.


Title: Re: UTC 10 per block instead of the current 50 per block.
Post by: FoBoT on March 25, 2014, 02:44:56 PM
changing it shows desperation