Jens Steyaert No but as mentioned above we will have a yearly goal o growing the company revenue with more than 20% and then the inflation doesn't matter. Also don't forget that we will have other revenue streams which can be used to control the rate of inflation and all advertising sales are locked for 12 months. I do'nt see how a fixed inflation percentage will hurt the value of ADZ in the long run, and I definately don't see how that would matter for people that bought ADZ for pennies.
-INFLATION DOESN'T MATTER??? what do you call a dev that doesn't believe on inflation? idiot right???
I like to discuss that with you.
Please debunk these reasons of me explaining why inflation does't matter with a reply at a decent level (and don't be surprised if it's deleted when you fail to do so):
1. ADZcoin is not a crypto in the sense you think. It's not backed by the assumption it has value, it will actually have value because people will pay for it when ordering a real product (ad space). Online advertising is kind of a billion dollar business in case you haven't noticed and Facebook rakes in billions of dollars every month...
This system will self-control the price of ADZcoin and actually create a pretty stable price that grows along with the growth of ADZbuzz.
In fact, the intrinsic value after a succesful launch (with pretty high budget and viral system) will be $5.75 per coin! (Find the detailed calculation here:
http://adzcoindesk.com/adzcoin-intrinsic-value/).
Now you say Inflation matters a lot and even call me an idiot for this (in poor English and without any argument but hey, what's to be expected?)...
Let's do the same calculation after 10 years (!) with the 20% inflation at half the growth rate of Facebook! (let's be humble and 10 years is basically ages online)
-> 15 billion page views per day x 3 = 45 billion ad views per day (based on 2012 FB stats so not even 10 years)
-> 309 million coins by then
-> CTR of 0,015 (very low assumption with high level targeting)
-> Cost per click = $0.5 (pretty low too)
-> Calculation: 1 / 309,000,000 (total coins) X 15,000,000,000 (total ad views) X 365 (12 month lock) = 17,718 page views per ADZ
-> At a CTR of 0.015 and CPC of $0.5
the intrinsic value of ADZ = $132.885So in 10 years time, the value of ADZ will have grown more than 2300%.
So please, try to use your best explanation to refute this simple logic and explain why inflation will matter for ADZcoin, you seem to be pretty hard-headed so i'm sure you have the perfect explantion and "warn" people with your honest beliefs.
2. No inflation would create a huge bubble.
This one speaks for itself, because if we limit the amount of coins in existence the value of ADZ will skyrocket after launch and is bound to be hit by a huge crash the moment some people decide to cash out. Our system will provide solid growth and the price will adjust according to the intrinsic value calculation, NOT specualtion that feeds trolls who try to scam other people.
ADZcoin won't allow this, so please explain in the best words you have (if any) what is wrong with this?
ADZcoin will have a double purpose, investors get daily rewards and will try to make a ROI on their initial deposit, this will create a entirely different paradigm of investing in cryptocurrencies...
3. Inflation is basically necessary for growth.
ADZcoin will not solely have the purpose of backing the ADZbuzz ad space. We really want to make ADZbuzzPay, our own in-house payment processor and marketplace a success and for that, inflation is needed.
If people think the value of their coins will triple in a month, the won't spend coins in ADZcoin stores. We want to stimulate the ADZcoin economy as it will give us a lot more options to reward publishers, the other main element of the ADZcoin project.
Again, please explain why we would want to attract hoarders and pump an dump scammers? You are one yourself so good riddence I would say...
Our system will keep the low-level investors at a distance, so go ahead and spread more nonsense, it's quite beneficial for us and we are happyme's, all of us! (fe: you don't see Ethereum affected by the dozens of scam accusations now do you? Proof no serious investor listens to crap and only cares about facts...)
Oh an in addition to this, just about every economist agrees that inflation is needed for the economy, just saying...
4. Growth of ADZbuzz is unlimited
If we don't allow more coins to be created this would basically send out a message to potential investors that we don't believe in our project.
If you do the calculations yourself, you can easily see the yearly growth of ADZcoin value, all we need to do is make ADZbuzz a success. We will do that, period.
The intrinsic value calculation is ALL that matters for ADZcoin. If we grow ADZbuzz, attract advertisers and grow the economy, ADZcoin will become one of the top coins in the world by market cap very soon.
-> We have a viral system
-> We have a decent sized budget to do some major promo's when developments are ready
-> We have a dedicated team of 15 developers and numerous volunteers
-> Our system genuinly helps people
-> Our system helps people that will help us grow!
So pretty please, with sugar on top, give me your final argument as to why you think inflation is bad for ADZcoin?
I'm sure real investors will do just a little research so you owe them at least that I guess.
Jens
PS: I'm really curious about your reply.