64 days until subsidy drops to 3.125 GLC per block or 6750 a day.  At some point the supply will be inadequate and the price will move up.    I suppose we have been in a bull market in GLC since the 50s, so we have that going.  Hopefully the client with a drop to 1 GLC per block is finished at some point in the nearish future and ta substantial subsidy can be extended for ten to twenty years.

Otherwise, on roughly:

 February 15th of 2016, the subsidy will drop to 3375 a day

Early July of 2016: 1687.5

Mid November 2016: 843.75

Early March 2017:  421.875

Mid July 2017: 210.9375

Early November 2017: 105.46875


So we getting the subsidy drawn out is a big deal, but there are other solutions such as POS that can be implemented.  The road forward is fine for the forseeable, future and client changes continue to be working.  Hoepfully we have some guidance on this within the next few months.

Lets not forget, once POSA3 is launched there will be a PR as well. If this coincides with a continuing btc run, could be very interesting indeed.

Thank you for the support. 

I think the demon gies doqn every once in a while, but the guys at cryptoid are pros and get it uo and running quickly when an issue arises.

Very little buyside pressure and this turns in to a television rocketship.

Not on dev team, but i do speak with them on occassion as to client upgrade progress.  They are people with lives, problems, and other interests.  They are working on the client and will at some point have it finished.

If anyone wants to help push client changes please do, but if not, we are beholden to their schedules.

They are working towards the ends, not easy to make changes or one of us would have done it by now.  I guess Global turned 2 years old without anyone noticing.

Nice posts everyone.

I think we are going to be dropping to 1 GLC per block and extending the subsidy halving timeline to ~3.5 years that will mint 2160 GLC per day and at 0.00001000 that is just over .02 btc per day.  That way we can keep the 70 million cap and have a decent subsidy for over a decade.  During that time, there will likely be some changes, POW/POS Hybrid?  Who knows.

In other news 1,175,000 GLC available to 0.00000250 on cryptsy.   After then, I cam sure the sellers will be back, but it is clear now.

We should push to gobble them off the market.

I believe POS is something the devs are still looking to accomplish.

Please expand on your future plans notion.

I think this is due to the hacking that was going on a while back.  I had never seen anything like it.

Nothing wrong with the wallets that I am aware of...

Lazy/convenient

It is basically the dumbest thing you can do, because of exchange failure and hacking risk, but i prefer it.

I know right, i tried to support, but my pockets are too meager.  The good news is that are only 13,500 GLC coming online daily. That is only .015 btc daily at these levels.

Maybe in a month or two i will have two BTC to bust through the three hundreds.

That will take another million or so off the boards.  There is 21 million or 1/3 of all GLC on Cryptsy.  Hopefully peoplel are using it as a wallet as I am.

Otherwise, 2 year anniversary in 9 days with subsidy halving to 6,250 GLC in about 3 months.

Client work for implementation of Kimoto/Dark Gravity Well, subsidy reduction to 1 per block or 2160 a day, and possible pos hybridation.

There is a ton of money flowing into Alts at the moment.  Globalcoin will have its day.

There is alot of money in the alt coin markets at the moment, when this hits, it is going to be fast and huge.

We can pitch in again when there is a need.  You should just buy yourself some Cloak.

Cashmen said anything in addition will be used for future marketing.  That might not be needed for some time, and when that times comes in we can all pitch in again.  Buy yourself some Cloak holdings.

Ah cool, someone is hungry for glc on the cheap.  .39 btc at 0.00000111

Client updates cant be too far out.  I think the devs are trying for two seperate updates.

Damn, bobsurplus is looking to take a position.  bob, you old dog.