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Excellent update guys, I should think that a wallet update will generate a bit of buzz around CGB - I invested in CGB a while ago because I totally believe in its fundementals. The world does not need yet another 'currency' as there are so many already competing for top spot. CGB setup is special, price drop at this stage is so immaterial its almost commical, all that matters is that I hold a solid % of an utterly finite resource that given the right push could be worth more than the rarest preshous metals on the planet to day... I will hold until 1 CGB is worth $10,000 - Then I might sell. ONE. FR Finite Red's post was the straw that broke the camel's back. Short and sweet: had enough.
Have donated 500 CGB to the Foundation. If Finite by Design's silver bar turns up, I shall donate BTC to its value to the community. Will puddle through with Cherry Farm until Christmas. Surely that's fair.
Special thanks to Elambert and PSD. And you are all always welcome here at the farmhouse.
Mark (IndiaMikeZulu), Australia
@FiniteRed, totally legitimate post. I personally agree 100% with what you say. Strange behaviour by IMZ to highlight your post, and personal view in such a way where you may feel offended, in order to justify their departure from the thread. Almost makes you not want to post anything here at all BTCat hilarious and quite true chart hahaha
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unfortunately it will be dumped when it return.. i just want it can recovery fast
Maybe, but everyone likes something that spreads well. No matter what you choose that thing to be.
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We will fight hard on 50k today I thin, like we did on 40k last few days and next week than we will see a huge rise beyond 100k after all our releases like new website Android wallet official, fiat/vrc, flat Ui
There are a lot of holders waiting to dump around 100k I suspect. If VRC hits 100k don't expect it to last for long. On the other hand, a lot of coins will be dispersed, only adding to wider adoption and into many new hands. I value VRC at a much higher price than 100k regarding th the recent development and future improvements. But 100k is going to be a rough, turbulent and testing ride for all of us. 100k will be the big test Huge test. There will be many many coins exchanging hands at this level, and this is exactly what VRC needs. The large holders to let go of their hoardings and for small buyers to catch them as they fall. 100k is the pinnacle point of this happening. After this the only way is up IMO.
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We will fight hard on 50k today I thin, like we did on 40k last few days and next week than we will see a huge rise beyond 100k after all our releases like new website Android wallet official, fiat/vrc, flat Ui
There are a lot of holders waiting to dump around 100k I suspect. If VRC hits 100k don't expect it to last for long. On the other hand, a lot of coins will be dispersed, only adding to wider adoption and into many new hands. I value VRC at a much higher price than 100k regarding the recent development and future improvements. But 100k is going to be a rough, turbulent and testing ride for all of us.
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From what I gather, the developers are saying the annual inflation won't be affected. But the frequency that your coins are eligible for stake would be increased. Your coins could be staked every week instead of every month and you would receive 1/4 of the interest that the current monthly staking would give without any change to the annual inflation for POS overall Or maybe I'm reading this wrong This is exactly correct. Giving away the percentage of interest that could have been given to holders not minting, to holders that mint more often IMO is not a good idea. As well as increasing the coin supply no matter if only a few are staking, and rewarding those further for doing so, but penalising those that hold their coins in paper wallets or in idle wallets for maybe months/years at a time, by continually increasing the supply and decreasing the value of their stored and unstaked coins does not speak to me as a fair approach.
Lesser stake age with no increase of inflation is maybe the option I would go for.
I do a lot of reading on here but rarely put my view forward, but as a holder of CGB I thought it necessary I comment as any change would inevitably effect my investment. Thank you very much for your contribution! Your point of view is a valid one that absolutely needs to be considered. What are your thoughts regarding these unstaked funds going to the foundation fund for development and advertising as BTCat suggested? I think it is a good idea, the only problem I can think of at the moment is the fact that for those CGB to be of any value to ongoing marketing and development, is for them to be dumped onto the market creating a further downward pressure on an already low volume currency. I have no idea on the percentage of un-staked coins, but for example if only 50% of coins are currently staked that leaves 7125 CGB per annum/ around 593 CGB per month going to the Devs. At the current price level and volume it would not be feasible to dump these CGB on the market. This is the only thing that worries me about that course of action.
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From what I gather, the developers are saying the annual inflation won't be affected. But the frequency that your coins are eligible for stake would be increased. Your coins could be staked every week instead of every month and you would receive 1/4 of the interest that the current monthly staking would give without any change to the annual inflation for POS overall Or maybe I'm reading this wrong Giving away the percentage of interest that could have been given to holders not minting, to holders that mint more often IMO is not a good idea. As well as increasing the coin supply no matter if only a few are staking, and rewarding those further for doing so, but penalising those that hold their coins in paper wallets or in idle wallets for maybe months/years at a time, by continually increasing the supply and decreasing the value of their stored and unstaked coins does not speak to me as a fair approach. Lesser stake age with no increase of inflation is maybe the option I would go for. I do a lot of reading on here but rarely put my view forward, but as a holder of CGB I thought it necessary I comment as any change would inevitably effect my investment.
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5aq6bipZzHrikk7BrRE4rLdSxoT79d5htj
0.02036725
TY
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Take a walk along the beach. Here are some examples:
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Just buy another and wait for it to be worth $1,000,000,000 MMMMWUUHAAHAHAHA
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Hashfast? I thought SR was shut down!
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Hubble Bubble Toil and trouble
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