Bitcoin Forum

Why have a white paper describing mining block rewards when the price of a coin often overrides the planned block reward??
Any developers of coins please explain your actions..
The block reward rate does not change yet the block reward changes with the price...... Is this fair?

You need to learn a lot  ;D

lovely input ...... its obvious I know I need to learn a lot.
it is also obvious that you provide no information just your opinion. thanks matey
if you are not a developer who has been faced with that decision, then I will find it really difficult to see mere opinion as valid

Developers are programmers, not economists. The free market sets the value through price discovery on the open market.

^Essentially this.

The mining reward system was developed without regard to the perceived "value" of the coin.

What coin are you talking about?  Some coins have set block rewards.  If ten people pool their resource and the pool finds a block, each member gets a proportional reward.  If they each contribute 1/10 then they get 1/10 of the reward.  More people contributing means reduced rewards per block, but potentially more blocks to get rewards from.  This can be predicted by using a mining calculator. Coin price is determined by the market.  If it's a profitable in demand then more people will mine. 

This isn't about being fair.  It's about contributing to the overall network.  For your efforts you get the chance to mine blocks.  People that contribute more get more. 

yes its a lovely input , dont be lazy , do your own research ;) leran the basic , learn how mining works , learn how the reward system working , dont demand from developers to explain to you the basic ...