Or more to cryptopia... I've moved over and have been working on volume there... ~700/day ish... trying to help with keeping the coin there...
We all know that - you cant kill the coin that does have community and big number of users, by just switching the wallet down on some exchange!
Pretty good survival potential of the tekcoin is known to its old users and what is going to happen next.. the coin will just move to another exchange.. like tekcoin just did!
We can ask our devs to implement the feature of burning X amount of coins in return for generated SuperStake address where coins can be minted at 4X.00% regardless of the pos difficulty.
I suggested 100000 coins to be burned for 41% SuperStake, 200000 for 42% ...etc. this will bring the element of "supply control" and my math is showing that - if even just 500 richest wallets will get at least one SuperStake address with just 41% it can take out 500*100000tek = 50 000 000 TEKcoins!!!!!!!!
For the time of more then 2 years we have minted and mined just 92 514 401 TEK in existence (
http://coinmarketcap.com/currencies/tekcoin/)
=> The price will go to the moon within a week..
happy new year + peace to you all!!
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=I/O CONFLIKT=
There is no need for such a complicated method as you propose.
I am not good with math, but what is effective interest according your scheme ?
Burning X00K TEK 1st to make 40+ %, sounds like effective % a lot less then current scheme.
A simple coin swap with 1000/1 ratio will do the trick easy and is fair since your idea would only benefit big players.
Also it would make life a lot easier for the devs then a complicated scheme with the risk of being exploited.
Then we can also add a new and fresh blockchain.
Just taking out coins will not help! My idea is to make it clear - Why BUY Tek?
If you are just a user - than you don't need to do anything.. just stake and will be able to get 15/20/30/35% or if lucky 40% when diff is low
and we dont need to fork the coin insideout.. let it be as it was for so long time!
If you like the coin and are interested in the coin more, then you can BUY more to get special address which will stake at 40%+, but first you must contribute by burning the real amount.. so you did good for the coin and help all to keep supply lower, then get little benefit as a reward.. this can help people answer the Q - why buy tek?
also millions of coins are going to be taken out effectively - cutting supply - this is real base factor that works with all assets 100%
A small holder then will see the path for constant predictable income
..so here I hope we can solve 2 main issues:
1 - PosDiff crazy spikes are avoided by active coin supporters + create demand!
2 - coin supply control
2.5 - will make some people think of getting back to mining, which is impotant, because it gives you a chance to enter the coin very simple/easy way!!!
So! Good, easy way for all.. as we dont have to make dev's life a hell
I am TEK supporter from the start, but I was exiting a few times and started from zero... so I think - I understand all sides
peace
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=I/O CONFLIKT=
