We can argue all day about these things. We need to do something at some point in time. But the value seems to be stable. On the short term, it would be nice to have a block explorer.
As long as it is an open discussion I will state my position, time is on our side. If people don't want to argue, then don't bring it up.
My question to you all is this: What would be a practical number of coins? 0.5mln? 1mln? 5mln?
And when should we try to reach that number? (roadmap)
Why do I ask?
Low numbers = Low risk/reward
High numbers = High risk/reward
And because the increment/total is a logarithmic curve it tends to converge to a limit(0).
This presents a "window of profitability". So how long do you want 8Bit to be profitable for masternodes/stake? Because that's the time the developer has to create something and get enough market adoption to eat away the supply (this will be his burdon).
Low pay-out = Less time for Dev + Quick Dump
High pay-out = More time for Dev + Investment Oppertunity.
I know this might sound counterintuitive, but because the inflation problem converges to 0 a high pay-out is not really damaging. A low pay-out on the other hand closes this "window of profitability" and will make early investors jumpy. What is important is that the project-scope is carefully chosen!
Let me rephrase my question: What is 8Bit's aim? How big does it dare to be?
Low numbers/Low Pay-out = Nice little project on the side (short term)
Hign numbers/Low Pay-out = Walk through the desert for the developer(investors might jumpt ship)
Low numbers/High Pay-out = Inconceivable, or it must be a summer scam (our situation right now)
High numbers/High Pay-out = Daring (but it would need a lot of support from the community)
Block explorer would be nice, I think we can all agree on that.
