Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer

[Jiggy0001]

So, you are admiting that halving the reward will only lead to a pump that will allow all the bagholders to dump, thus making the price dive and in the end kill the coin.

i am talking from my point of view... i haven't dumped on ANY pumps!!! Vertcoin has a professional background and with adjustments it will at least bottom out.
Vertcoin is one of the coins that has the chance to survive beside Bitcoin.

Every coin has bag holders, so in the end we could say that all coins are dead.

But a reward halving will not mean that VTC pumps 1000%. So bag holders would not dump at once, because many will gain new faith.

But after the SX pump many are pissed now.

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[darkota]

For all the dumbass newbies, Vertcoin's block reward will not halve, until  4 years have passed. Only every 4 years, does the block reward halve...think about that for a second.

Vertcoin looses a little under 10% value everyday, because over 20,0000 VTC's are being mined & dumped on the exchanges. In another 2 months, Vertcoins price will be under 1 cent per coin, 2 months from that it'll likely be 10 satoshi per coin.

If the block reward system isnt changed, Now, then this coin will Die. That's a fucking fact.

Look at Darkcoin for god's sakes. It was 50% instamined, and had its block reward cut off more quickly than a knife slicing butter, and it was worth $15 at it's ATH, it's stil worth around $8 now!

at some point it will not be profitable to mine and dump at low prices because of ELECTRICITY COST and we are almost at that point now nobody will just "mine and dump" while making a loss because of electricity cost , your huge experience in cryptos didn't tell you that simple fact ?! also u are so full of it u speak like u r the god of all cryptos and saying that user has 4 posts or that user has  posts , while all you have is some 120 posts yourself that doesn't make u anything special u see i can make those 120+ posts in one day so stop it your posts are full of arrogance and just down right irritating !

ARE YOU THIS FUCKING STUPID. VERTCOIN IS ALREADY UNPROFITABLE TO MINE, MINERS WILL MINE ANYWAY EVEN WITH LOOSING PRICES, WHICH WOULD MAKE VERTCOINS PRICE DROP FASTER LIKE A STONE, WHICH IS WHAT IS HAPPENING.

[pseudofx]

Darkota and Jiggy, can you please post here: http://www.reddit.com/r/vertcoin/comments/2aav7b/tweaking_vertcoin_inflation/

It is designed to specifically to talk about vertcoin's inflation. It is possible that your post may not be seen here because this is a general discussion for vertcoin. Possibly why you have to reiterate yourself every so often.

[Crypto_EX]

So, you are admiting that halving the reward will only lead to a pump that will allow all the bagholders to dump, thus making the price dive and in the end kill the coin.

yea and drk price will continue dwindling now till it's back to a normal level i won't say dead but will be back to 1 ~ 2 $

[WHaze]

Look at Darkcoin for god's sakes. It was 50% instamined, and had its block reward cut off more quickly than a knife slicing butter, and it was worth $15 at it's ATH, it's stil worth around $8 now!

Yup, so every coin is diving, it's not VTC specific. No need to adjust the block reward if it's not the cause of our problems.


Summary:

1) We have a problem: the price is decreazing.

2) For you the problem is caused by the block reward, so we should tweak it.

3) For me the problem isn't the block reward, it's a more general problem that is affecting all cryptos. So we shouldn't touch the block reward as it will only lead to another all time low.

4) If you want to convince me, you'll have to proove me that the block reward is the only thing affecting the price and you'll also have to proove that the halving will allow the coin to survive after the initial pump.

[CryptoPromotions]

There is still plenty of hope, and a very bright future for VTC. Believe!

 

[darkota]

Why are there so many newbie, shill accounts with under 30 activity posting and they all dont know what the fuck they're talking about...Makes me think it's just one person who owns all these accounts...This is beyond stupid.

[jwinterm]

Halving the reward isn't a good idea, sure it will benefit all the coins holder/investors like you, but it also will be really unfair for new comers.

With such modification, the price may rise enough (for a short time) for you to get out without loosing money but it will also kill the coin.

Ok idiotic newbie accounts with 4 activity like you piss me the fuck off.

IF THE REWARD ISNT CHANGED, THERE WILL BE NO MORE NEW COMERS, BECAUSE VERTCOIN WILL DIE AND ITS WELL ON ITS WAY THERE.

If you cant understand that, and look at the 10% decrease in price everyday(80% decrease in less than week from sx update), then you are a fucking dumbass of universal proportions.

Cursing at people and calling them names is surely going to help them see your point of view. I know you troll lots of threads, darkota, so I'm not even sure if you're a holder or just trolling; I'll assume the latter since imo the only thing chopping the reward in half now (or more drastic action) is going to do is further erode confidence in the coin. Why would anyone want to support a coin when the devs/community can decide to change the total amount of coins on a whim (or at the behest of trolls trolling on the trolliest troll forum known to trolls)?

[Crypto_EX]

For all the dumbass newbies, Vertcoin's block reward will not halve, until  4 years have passed. Only every 4 years, does the block reward halve...think about that for a second.

Vertcoin looses a little under 10% value everyday, because over 20,0000 VTC's are being mined & dumped on the exchanges. In another 2 months, Vertcoins price will be under 1 cent per coin, 2 months from that it'll likely be 10 satoshi per coin.

If the block reward system isnt changed, Now, then this coin will Die. That's a fucking fact.

Look at Darkcoin for god's sakes. It was 50% instamined, and had its block reward cut off more quickly than a knife slicing butter, and it was worth $15 at it's ATH, it's stil worth around $8 now!

at some point it will not be profitable to mine and dump at low prices because of ELECTRICITY COST and we are almost at that point now nobody will just "mine and dump" while making a loss because of electricity cost , your huge experience in cryptos didn't tell you that simple fact ?! also u are so full of it u speak like u r the god of all cryptos and saying that user has 4 posts or that user has  posts , while all you have is some 120 posts yourself that doesn't make u anything special u see i can make those 120+ posts in one day so stop it your posts are full of arrogance and just down right irritating !

ARE YOU THIS FUCKING STUPID. VERTCOIN IS ALREADY UNPROFITABLE TO MINE, MINERS WILL MINE ANYWAY EVEN WITH LOOSING PRICES, WHICH WOULD MAKE VERTCOINS PRICE DROP FASTER LIKE A STONE, WHICH IS WHAT IS HAPPENING.

i'm stupid or is it you ?! u are acting like mr.know it all while you can't even use your brain to come to a basic conclusion and being as rude as f*ck if it's unprofitable to mine now this only means one thing that price can't go lower than this because of "inflation" anybody mining today will not dump at a loss also u seriously even if 200000000 are being mined daily they will not "get dumped on the market asap" because 99% of miners will be making a loss that way because of electricity costs , price will not go lower again we are at the equilibrium point, seriously u need to be banned for calling people names are there no mods in here ?!

[Jiggy0001]

Why are there so many newbie, shill accounts with under 30 activity posting and they all dont know what the fuck they're talking about...Makes me think it's just one person who owns all these accounts...This is beyond stupid.

man i know how though it is to explain those offensive kids the real issue. they simply don't read the charts and don't get the point.

Mig made a great calculation and still guys like Haze don't get it.

Nevermind.

[WHaze]

Why are there so many newbie, shill accounts with under 30 activity posting and they all dont know what the fuck they're talking about...Makes me think it's just one person who owns all these accounts...This is beyond stupid.

Yes, you have more posts than me, you are an expert and i'm a newbie.

Your logic is clearly flawed and it's not helping you to convince me that halving the block reward is the right thing to do.

[Jiggy0001]

Halving the reward isn't a good idea, sure it will benefit all the coins holder/investors like you, but it also will be really unfair for new comers.

With such modification, the price may rise enough (for a short time) for you to get out without loosing money but it will also kill the coin.

Ok idiotic newbie accounts with 4 activity like you piss me the fuck off.

IF THE REWARD ISNT CHANGED, THERE WILL BE NO MORE NEW COMERS, BECAUSE VERTCOIN WILL DIE AND ITS WELL ON ITS WAY THERE.

If you cant understand that, and look at the 10% decrease in price everyday(80% decrease in less than week from sx update), then you are a fucking dumbass of universal proportions.

Cursing at people and calling them names is surely going to help them see your point of view. I know you troll lots of threads, darkota, so I'm not even sure if you're a holder or just trolling; I'll assume the latter since imo the only thing chopping the reward in half now (or more drastic action) is going to do is further erode confidence in the coin. Why would anyone want to support a coin when the devs/community can decide to change the total amount of coins on a whim (or at the behest of trolls trolling on the trolliest troll forum known to trolls)?

do you really think someone will listen to you when you are doing the same? One body two minds?

[Crypto_EX]

Why are there so many newbie, shill accounts with under 30 activity posting and they all dont know what the fuck they're talking about...Makes me think it's just one person who owns all these accounts...This is beyond stupid.

man i know how though it is to explain those offensive kids the real issue. they simply don't read the charts and don't get the point.

Mig made a great calculation and still guys like Haze don't get it.

Nevermind.

we are offensive kids ?! he is the one calling people names , duh .... this darkota guy deserves zero respect ZERO

[Crypto_EX]

Why are there so many newbie, shill accounts with under 30 activity posting and they all dont know what the fuck they're talking about...Makes me think it's just one person who owns all these accounts...This is beyond stupid.

Yes, you have more posts than me, you are an expert and i'm a newbie.

Your logic is clearly flawed and it's not helping you to convince me that halving the block reward is the right thing to do.

this guy got 120 posts he is a "noob" as well 120 posts are nothing NOTHING

darkota, bitch please you are a noob too and your 120 posts are nothing i can make 120 posts in 1 day -_-

also your logic sucks "miners will always mine and dump even at a loss herp derp" yea people like to lose on electricity why would they even mine and dump at this point huh ? to help make the electricity company richer ?! they would rather sstop mining all together than just mine and dump

yea right logic out the a*s as i would expect from keyboard knight like yourself

[Jiggy0001]

at least i can go without cursing people... i know that forum fights should not be taken too seriously  

i hope you will all be happy with your investments. i have been into VTC for so long now and my bells started to ring when we started to approach 0.001.

I think my bag is too big now to ignore my investment vanishing 

[WHaze]

Why are there so many newbie, shill accounts with under 30 activity posting and they all dont know what the fuck they're talking about...Makes me think it's just one person who owns all these accounts...This is beyond stupid.

man i know how though it is to explain those offensive kids the real issue. they simply don't read the charts and don't get the point.

Mig made a great calculation and still guys like Haze don't get it.

Nevermind.

we are offensive kids ?! he is the one calling people names , duh .... this darkota guy deserves zero respect ZERO

Man, watch your mouth he is the crypto god, he has 112 activity !

[jwinterm]

do you really think someone will listen to you when you are doing the same? One body two minds?

I didn't call a whole bunch of people names, just you Jiggy, and I don't feel like that warrants any further explanation.

[reinmar532]

Maybe halving it is not 100% right thing to do but is necessary for our survival. We need to evolve. Market situation changed and we need to adapt to new circumstances.

[Jiggy0001]

do you really think someone will listen to you when you are doing the same? One body two minds?

I didn't call a whole bunch of people names, just you Jiggy, and I don't feel like that warrants any further explanation.

yeah, i know that you have some problems...go on

[WHaze]

Maybe halving it is not 100% right thing to do but is necessary for our survival. We need to evolve. Market situation changed and we need to adapt to new circumstances.

I do not agree.

halving is far from necessary, all cryptos have been going down lately, halving may help for a few days but after that the price will fall again and we'll have lost faith in the coin.