It is not my coin or i don't have anything to do with grumpy, only mining it with 3500Kh/s, but i really like the positive mood on this thread, there was even a little hype on twitter to try a boost the coin price of grumpy, but now it looks like we are not moving. The incorrect number of coins of 50B that was corrected to 20B didn't had any effect, also no marketing has happened around this... anyway, i believe in the value of this coin, and even when it doesn't move higher i like the name of the coin, so i will mine it till the next block halvering.
It really doesn't matter if there is 20 or 50 billion if there is no plan regarding this coin. I made some proposals regarding the future of this coin including future mining and supply of the coin but never got any replay or real interest from the Dev or community. This way we will stay at 1 satoshi (or less) forever.
Could you replay it once again? Thread is quiet long now. Thanks.
But let's keep it long term, so the coin won't die.
How about such solutions (10 or 20 years of mining):
~ 10 years of steady mining1/ 500,000 20000 10 000 000 000
2/ 250,000 20000 5 000 000 000
3/ 125,000 20000 2 500 000 000
4/ 62,500 20000 1 250 000 000
5/ 31,250 20000 625 000 000
6/ 15,625 20000 312 500 000
19 687 500 000
And after reaching ~ 20 billion coins stop halving process and keep it 15625 coins / block.
With 2.5 minutes blocks we have 576 blocks / day.
576 blocks x 15625 coins = 9 000 000 coins / day x 365 = 3 285 000 000 coins / year.
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~ 20 years of steady mining1/ 500,000 20000 10 000 000 000
2/ 250,000 20000 5 000 000 000
3/ 125,000 20000 2 500 000 000
4/ 62,500 20000 1 250 000 000
5/ 31,250 20000 625 000 000
6/ 15,625 20000 312 500 000
7/ 7,812.5 20000 156 250 000
19 843 750 000
And after reaching ~ 20 billion coins stop halving process and keep it 7812.5 coins / block.
With 2.5 minutes blocks we have 576 blocks / day.
576 blocks x 7812.5 coins = 9 000 000 coins / day x 365 = 1 642 500 000 coins / year.
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Keep in mind that with today price of 1 satoshi / GRUMP one block (initial 500k coins) is worth 0.005 BTC and 250k block is worth 0.0025 BTC. But the price for GRUMPY should rise, so with ~ 25 satoshi 7812.5 coins / block would be worth 0.00195 BTC, so it should still be a good reward for new miners.
What do you think??
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