The fact is, the emission rate is too high now - this can be seen 1) Price is dropping, more supply than demand 2) blocks that do not have transactions.

To solve this I suggest to increase the block time without touching the block reward. This gives also more life expectancy for the coin.
The other alternative is to tax mining and put the taxes into escrowed account for development. However I assume the miners do not like the latter so we basically are left with increasing the block time without touching in any other parameters.
The economy is not simply ready just yet for the current emission rate. I see it not a problem to change later back if there is demand enough for the coins.

Ideally coin should be in overall bull trend on macro level. It kind of forces adoption since people do not get coins for lower price so they have to buy it right now.
If the coins are flooding to the markets but there is only little demand (supply > demand), the price goes down which will create a vicious cycle: when price goes down, people postpone their buy orders in hope of lower price (like if there is deflation in economy, people do not consume but they hold their cash and it kills the economy - even the real non-inflationary economic growth).

Something like this could be a compromise solution, if it is made sure the devs will not dump those coins immediately (for instance by putting the coins in escrow and pay as a reward based on some guidelines of proven performance).

I have no patience for reading the complete thread of 775 pages (and also my time is limited).
However, when it comes to emission curve, ideally it should go along with adoption.
When adoption is 5 times, also the emission should be 5 times.

What we see now is the lack of capability of absorbing the coins (the price is declining slowly).
Price is the best indicator wether the emission is ideal or not - and it is retarded to maintain something that is not ideal just because it is "holy and unquestionable like the Pope". When they decided the emission rate earlier in the voting, the decision was made on based on the best knowledge of that time - however now we are in September and over 20 % of coins mined, now it is the moment of truth: is the current emission rate ideal for status quo?
Do we have adoption enough to maintain the price (or prefertably even increasing it slowly so that the investors will continue being interested in buying the coins - personally I am not buyer at this moment - I am not dumper neither but I have a stack that I am satisfied and I do not see any reason to increase it especially if there is no incentive for such).
I am dumper if the price starts drastically decline from the current and when I dump, I most likely will never touch the coin anymore.

Ideally the coin should serve all the stakeholders: miners, developers, investors.
The "ever increasing price trend" serves all these stakeholder groups, miners get more money from their mined coins, developers get more donations/their stack grows in value and investors get their annual rate of return.

The blockreward should be dimished or make a stash from each block, for example 25 % of each block rewards goes to the escrowed fund that finances the development and pays after something has achieved according to the burden.
The other way is simply to lengthen the emission curve, it can be done wether making a block to appear every 3 minutes instead of every 1 minute or it can be adjusted by decreasing the block reward for example 33 % the latter will give more time for development and is more gracious towards adoption, it means the later adopters get also relatively long not too expensive coins.

The lowering of blockreward is not bad for later adopters IMO as long as the total coin supply stays constant, it just gives more time for people to join in to the party.


My 0.02 XMR. Peace.

Personally my gain from the coin currently is more or less 0 financially - the investors and developers are kind of in the same boat.

I have promised to donate 5 btc when Monero's price is above 0.1 BTC at Poloniex (assuming no force majore effect).
And if it goes even significiantly further from that, expect me to donate more.

Now it is needed some big money investors to drive the market cap up - that's it.
Perhaps a company wants to invest in XMR to gain control of a significiant part of Moneros - say 1 million Moneros (roughly 25 % the existing coins).
That type of investors will drive the price up and at least my donations/further investments in the technology starts running.
There are plenty of fiat money - and people who think they missed bitcoin-train so potential there surely is.

Apparently you are being prophetic here.

Actually someone borrowed 184 000 XMR from Risto and now is shorting monero and spreading the FUD.

Monero has still a lot of volatility and it is a sign of immature coin.
Swedish Krona has indeed a lot of volatility compared with USD/eur for instance - still sudden -10 % red candles you see very seldon unless you do not take a longer perspective.

I definetely will be buyer if the fiat that I sent today in the morning clears tomorrow and the price is still low - do not get me wrong.
I try to buy low and try to sell later higher (although I am too small fish to be able to support the markets with market making - being a market maker you need a significiant amount both currencies).

Especially if this is FUD that has been preached against XMR this volatility shouldn't even take place or it should have corrected fast. Even bitcoin corrects flash crashes relatively quick (even in matter of minutes/hours).
Still, bitcoin has way too much volatility for currency.

Please let's not compare Monero with currencies like Swedish Krona or Polish whatever.
Let's not compare it to other currencies but make it better.  

Focus should not be on what's already good but on what can be improved. Sorry Risto, I do not mean to be harsh. I respect you in many ways, but I think you should not focus on comparisons but improvements.
Of course when you sell a product you compare for the customer but for me you do not need to sell Monero - I am in already and considering buying more if the price is right when my fiat clears at bitstamp probably by tomorrow evening.

How many bitcoins the billionaires own on average? Which part of their entire wealth is in bitcoin?

For me even bitcoin-drops are a big deal and for the most people who cannot take bitcoin this volatility is something that kills their interest on bitcoin.
The arguments that I hear against bitcoins are usually as follows:
-The price is already too high, I wish I would get in earlier, now it is too late for me.
- The CEO of Bitcoin is in jail and bitcoin is in bankcrupt (I know, this is FUD but peole in Finland associate bitcoin to Gox due to the FUD that was presented in our media - the reporters made harm for bitcoin adoption. I have heard this argument from several non-bitcoiners)
- Too much volatility for a currency

Those are the major setbacks in bitcoin which I hear from ordinary people from grass root level. Bitcoin community consists mainly of gamblers.
If you want to attract truly big money, it cannot be a gamblers coin which value you cannot predict.

I think these issues should be fixed in Monero. Therefore we need more successful and good professional traders to make markets.
Monero is still down like 10-15 % from yesterday's price, and when the coin is mature this type of things cannot happen.

I acknowledge that crabcoins have huge volatility but if we want to build something high quality, it should not have sudden unpredictable drops. I understand that now it is very infant stage and this volatility is more acceptable, but when you want the adoption of conservative money from elderly people it cannot have such volatility - the elderly ones cannot take it.

I also read from Polo trollbox somebody stating that it will take a long time for Monero to be at the same level than btc.
I have to disagree with him. How long it will take is all up to our community how long we want to postpone the development.
Monero has the advantage of second comer and I see it very clearly when I am talking with people about Monero vs. I am talking about bitcoin.

If we can fix all the shortcomings of bitcoin, I do not see any reason why Monero shouldn't replace bitcoin at some time frame.


Ideally, coin value should rise steadily. Not too fast, but not drop neither. Perhaps long term average growth should be around 2-5 % pa. Earlier stage higher as the adoption rate is lower but as the adoption gets more wider, the rate should drop around the average rise in real economy.

10 % decline in a short term is too much when you consider it should be a store of value.
Monero needs more traders to absorb the dumps, but on the other hand, feed the buyers in pumps.

We need to define terms:
Bagholder= a person who trust in coin's value staying/increasing in the future.
There is no reason for an investor to buy a coin - and thus become a bagholder - an investor is buying the coin because he wants the price constantly increase. Investor will dump the coin if it increases too fast (bubblish).

Thus the coin price should be in steady but slow bull market and the market makers should make sure even a large dumpster is not able to change much the price (like yesterday).

Please, let's not make another bitcoin but better than bitcoin.
I understand that bitcoin has made you a lot of money, but there are also many things that could be done better in bitcoinworld. One of them is the huge volatility. It means, the entrepreneurs and other risk takers (gamblers) will adopt bitcoin but not big money.
Tell me one billionaire who owns bitcoin - for them it is too volatile. If you are a billionaire and want a money, you cannot take anything so unstable that you are unable to predict the price tomorrow.

Therefore, we have two ways to solve the issue of volatility: 1) more traders making the markets for buyers and sellers 2) slower emission which frees some cash for receiving coins these dumpsters.

Please, when developing the economy, let's adopt the good things from bitcoin and fix the shortcomings of it. Then bitcoin could be replaced by monero and monero can achieve the trust of big money.

Bitcoin community is not growing at least in a significiant level anymore. There are reasons why some people do not adopt bitcoin and it is important to listen to them and make those people to use monero.

I disagree.
Long lasting low price will make the bagholders leaving from the coin.
It is like inflation vs. deflation debate.
Inflation is good for the economy but deflation is good for a person who likes to save money.
If you have slight, but constant increase in the coin exchange rate, it will attract buyers and buyers feel save to buy the coin now instead waiting for tomorrow for lower rate.

I recall more marketmakers such as Aminorex who have financial ability to buy sometimes even those dumps and on the other hand, sell when there is a buyer in the market.
After this dump I really understand the value of marketmakers.

Also, bitcoin's major failure in terms of financials is its huge volatility. This volatility prevents the big money entering into bitcoin.
A billionaire doesn't trust in a currency which can be tomorrow anything - up 10 % or down 10 %. Money should store value both short and long term.
If I am a billionaire and I have negotiated a business deal, I would prefer to eliminate this type of uncertainity.

I understand your points... On the other hand, the emission schedule is way too fast IMO.
How this could be fixed then? For coin adoption it is vital to have slightly rising price (people do not delay their coin purchases in anticipation of lower price but on the other hand, it doesn't feel bubblish neither).

The price should be in rising trend constantly which encourages the newcomers joining into the party but too fast growth also discourages the newbies because they feel uncomfortable to buy a coin today and tomorrow see it has dropped 10 % overnight.

Many fiat denominated people do not like bitcoin because it has such a huge volatility. This should be done better in Monero, it will make Monero become # 1 crypto because the slow money is feeling more comfortable to move into Monero. The more you have fiat, the less you are willing to risk.

In my opinion the emission schedule should be decreased by 50 %.
For example, the current block reward is around 14 xmr - better to change it to 7 xmr.
It will help the dumping pressure and gives nice and steady growth for the coin.
The existing balances and total number of coins should not be touched but just give 100 % more time for the rest of emission.

For Monero to take leaps in marketcap it requires more buying than the daily emission. For short term it may not cause any significiant move in the price as long as the weak hands want to sell their coins at 5-100 % profit instead of waiting a bit more and selling 1000-10 0000% profits.

The daily buying should be done by the strong hands so that the coins are not returning into the markets any time soon and the audience get the point that Monero is not going down along with bitcoin.

What I have been noticing among my friends is that they are much more open to Monero than bitcoin when talking privately with them.
When it comes to bitcoin they say: oh I missed that train, it is a bubble. When I tell about Monero their reaction is more responsive. Also mentioning some persons in association with Monero helps the adoption. 

One thing that makes me believing in Monero is the community. I see professional people here, strong experience in entrepreneurship, tech-guys and also other smart people.
The right people is a receipt for the success in any business.

All people I know being crypto virgins are not interested in investing bitcoin.
They think a) bitcoin is already a train that they have been left behind and b) bitcoin is most likely not the ultimate cryptocurrency because usually the first mover will not be the one that lasts until the end in technology.

Those two arguments I keep hearing from non-bitcoiners all the time.
Therefore I am tending to loose my faith in bitcoin, too. If there is no more adoption coming, then the coin is going to die and it is time jump out the train before it is too late - many has been buying bitcoins when they were at dollars or even cents - so why not hedge those bitcoins in the best altcoin (obviously Monero).

Monero's advantages are very high liquidity, anonymity and of course the opportunity to leverage your wealth since the coin is now just taking its infant steps.

You are obvious internet troll. 

If a bitcoin whale supports an altcoin - not to mention several such whales, it is inevitable fact that it will affect on the price.
However in case Monero it has affected the price stability which lack the most coins.

However, I agree with the "FUD" you posted here about monero.

I own a significiant stash Monero.
My strategy to accumulate more Moneros is to tell other competitors how the price might drop after a long decline. When they are frozen, I will scoop some cheap coins.  
Call me a scammer but I am never lying when I open my mouth about Monero.
When I want the price down, I will start speaking all the shortcomings of this coin which in my heart I know is the only alt that has true value.  

It is the destiny of Monero to become adopted by "masses" faster than bitcoin because bitcoin has introduced the crypto to the world citizens.

My estimation is that Monero will achieve minimum 500 000 000 USD marketcap. When Monero is fully mined, it means the price per monero has to be 27 USD.
Note, this is very conservative estimate and does not count bitcoin rises at all. If bitcoin stabilizes 10 higher, the Monero will achieve minimum 270 USD per coin value.

However it is possible to go even further since Monero serves excellent hedge against inflation and violent governements.
We all know, bitcoin cannot do it - just study case Ross Ulbricht of Silk Road.
Monero movements you cannot trace easily.
Imagine if only 1 % of tax haven money will flow into Monero, what happens to the price - especially considering the situation of hardness of accumulation of any larger amount?

Now if you want to accumulate a huge stack of Monero you need to pay more and more for each Monero since it is very illiquid asset. I am glad actually as a holder that the price basically has to go up due to the cry for liquidity.
Liquidity will follow the higher price. It is easier to buy a significiant stash of coins without much moving the price when Monero is priced around 1000 USD each than today when the price is 2 USD.

How can I join in?