I don't know what you're saying. What do you mean by "poor people wish to have income"?

Again, not sure what you mean. The coin was built with a decreasing inflation rate.


So no, the objective is not inflation by the trillion and if you check our inflation rate over the 40 months that have elapsed since the genesis block you'll find the inflation rate has already slowed to a trickle and will slow to a fraction of current when the inflation rate is reduced further from 5% to 0.0005% later this year. PoS coins necessarily have transaction fees destroyed over time, so by default there is a trend toward deflation. That combined with the previously voted on ultra low inflation switch will drop the inflation rate to a standstill. 

https://chainz.cryptoid.info/zeit/#@inflation

It's no game. Zeitcoin is a mature and successful PoW/PoST hybrid cryptocurrency with wide equitable global distribution. We intend to achieve the objectives presented in the OP.

Nice steady volume growth this past week and change. Good to see, particularly given the numerous pairings we have on the various exchanges.

Cryptopia and CoinExchange both use slick software imo and both have been reliable in my experience.

The all time inflation rate chart can be seen here:
https://chainz.cryptoid.info/zeit/#@inflation

It shows a nice smooth progression since Zeitcoin switched from POW to POS and also shows the decline in the growth of new supply as the interest rate has fallen. The 99b number will never be achieved.

Welcome...new guy.

I must be missing something. All it says on your trust page is that someone doesn't like you and/or disagrees with you. Amount of btc involved = zero.

There aren't even the allegations of wrong doings there. Seems like a nothing burger.

...or for the value of a USD to drop to next to nothing. That's not at all difficult to envision, I mean look how crappy the USD has done at maintaining its value relative to gold since 1913 or Bitcoin since 2009.

Great action on NovaExchange in the past 24hrs where a load of Zeit were dumped at 1 sat and quickly absorbed.

Nice to see volume expanding.

Hate is a strong word. I don't personally hate Yobit, but they're flakey and as a result I do not trust them.

There are far better options available for trading Zeit.

"You seem to mix two things: once you write about deflationary spiral and in the next sentence you write about serious rising of interest rates in 2016 and its consequences to derivative instruments."

I've no clue why you seem to think those two particular occurrences are in any way contrary or mutually exclusive. Both can be easily examined and confirmed to, in fact, be happening simultaneously. Here, allow me to make it painfully easy for you.

http://finance.yahoo.com/chart/%5ETNX#eyJtdWx0aUNvbG9yTGluZSI6ZmFsc2UsImJvbGxpbmdlclVwcGVyQ29sb3IiOiIjZTIwMDgxIiwiYm9sbGluZ2VyTG93ZXJDb2xvciI6IiM5NTUyZmYiLCJtZmlMaW5lQ29sb3IiOiIjNDVlM2ZmIiwibWFjZERpdmVyZ2VuY2VDb2xvciI6IiNmZjdiMTIiLCJtYWNkTWFjZENvbG9yIjoiIzc4N2Q4MiIsIm1hY2RTaWduYWxDb2xvciI6IiMwMDAwMDAiLCJyc2lMaW5lQ29sb3IiOiIjZmZiNzAwIiwic3RvY2hLTGluZUNvbG9yIjoiI2ZmYjcwMCIsInN0b2NoRExpbmVDb2xvciI6IiM0NWUzZmYiLCJyYW5nZSI6IjFtbyIsImFsbG93Q2hhcnRTdGFja2luZyI6dHJ1ZX0%3D

https://fred.stlouisfed.org/series/M2V

Please tell me you don't buy the silly gibberish that exits the pie hole of the current federal reserve puppet-in-chief. The US is seeing the lowest M2 velocity since M2 velocity has been tracked. This is happening while treasury prices are crashing(yields up). This is a global liquidity crunch, since as you likely know the US "petro" dollar is the world reserve currency. This is a recipe for the destruction of every other fiat currency and that is precisely what is happening.

As to the odd comments about gold prices. I can only assume you're completely unfamiliar with or unable to read a COT report? Are you unaware that DeutcheBank has admitted to taking part in rigging these markets and has named several other global banks as accomplices in the rigging of PM markets?

http://www.zerohedge.com/news/2016-10-17/deutsche-bank-pays-38-million-settle-silver-manipulation-lawsuit

This stuff is not theory. It's fact at this point. It's also a fact that there is no Bitcoin derivative to naked short sell into the market to control the price vs fiat. This is why Bitcoin will go wild before PMs finally break free of their manipulation.

These are no longer simply "threats" to the global economy. The Venezuelan currency collapsed in 2016...check a chart. The oldest bank in the world is collapsing NOW. The largest bank in Europe(Deutchebank) was bailed out in 2016. US Interest rates went up 100 basis points in a few months. Do you know what that does to interest rate swaps? Derivatives? ...other weapons of mass financial destruction?

The global banking system is dead and being propped up by gumbymints and central banksters. Mass debt saturation has been achieved and now we're in a deflationary spiral.

Smart money is on global economic collapse. USD Index is up another .45% this morning despite already entering the new year at a 12yr high.

The US buck is destroying the lesser fiat garbage currencies. Check Venezuelan Bolivar for a realtime sample of what this looks like. China will devalue moar soon and the silly zerozone currency will dissolve...most likely in 2017. Doubt there's any need to mention the economic disaster that has been ongoing in Japan for the past 25 years.

Gold and Silver would probably be going nuts just now(even in US dollar terms) if bankster cartels didn't have a jackboot on PM exchange rates. Amazing what naked short selling paper contracts can do to control prices of a physical commodity.

Was thinking about long term blockchain security not security during the process, but that's also an issue imo.

Totally with kiklo here. A reverse split seems like a horrible idea both from a consistency and a security perspective.

I just re-block the dust that's < 25k. Seems to work fine.

Merry Christmas to all that celebrate such things.

CBX?

There's over 190m Zeit for trade at or below 200 litoshis on Cryptopia alone. That's just a small portion of the available supply one single pair on one single exchange. Zeitcoin is available on four other exchanges and numerous other currency pairs. There's plenty of supply available and the original POW/POS hybrid roots that Zeitcoin began with ensured as wide and equitable a distribution as was possible. 

...or we could vote to cut the supply of new coins and wait.

When you say "the price of Bitcoin" you're referring to the exchange rate based in US Dollars. A constantly moving target due to inflation(expansion of the US currency supply).

I would much rather see us work toward maintaining a value of Zeitcoin as measured against real money. Something without arbitrary inflation set by shadowy bureaucrats at the federal reserve, but with instead a fixed rate of inflation that is known years in advance.

Like...Bitcoin.