Do we need 100 Billions capacity?

[temple]

The spirit of the digital coin is the cap has a limit.

[hjdask]

What if gold and diamond were abundantly available ? It would lose its value .


Hence its your call , you either want your coins to be just another alt coin worth shit or a really good scrypt coin which has the capacity to be of high value

[indijim]

Doge removes cap, Doge dies.

The complete opposite my friend, this is what will save doge from the rest of the coins.

Yes, even BTC, LTC. Mark my words.

I agree. Though I'm no expert.

[Nutterboy]

A hard cap is not needed in my eyes, I think a soft cap is what is needed, like bitcoin the reward for each block should diminish but eventually reach a capped low price say 50Flap, to compensate miners for continuing to support the blockchain keeping it secure.

This soft cap would keep miners mining and securing the network and would mitigate the lost coins due to dead hard drives.

Edit: Basically I don't ever want to see 1Trillion active coins on the market, something around 100billion would be fine, any more and I don't see to much value ever being attributed to them.

[elavenil]

with no cap, price will not increase. It is better to set a cap.

[hostmaster]

economists will say you inflation is goodthink remember some flabs have some erosion and got lost its very ideal not cap it.

[matthona]

What if gold and diamond were abundantly available ? It would lose its value .


Hence its your call , you either want your coins to be just another alt coin worth shit or a really good scrypt coin which has the capacity to be of high value

you are mistaking the absence of a cap for 'abundantly available' ... new gold and diamonds are found every day - and they are still valuable... a coin can have a small new amount to mine forever and it would be ok, as there will be lost coins along the way

[BayAreaCoins]

What if gold and diamond were abundantly available ? It would lose its value .


Hence its your call , you either want your coins to be just another alt coin worth shit or a really good scrypt coin which has the capacity to be of high value

you are mistaking the absence of a cap for 'abundantly available' ... new gold and diamonds are found every day - and they are still valuable... a coin can have a small new amount to mine forever and it would be ok, as there will be lost coins along the way

You sir are the reason why gold prices shoot up and will continue to go up. Gold isn't like turn big brothers data center on, it requires work. Not what we give them for free (like this hahaha)

People die over that shit. Blood and tears go a long way to value.

If you think you can get diamonds easy you should look into Africa. GL

[matthona]

What if gold and diamond were abundantly available ? It would lose its value .


Hence its your call , you either want your coins to be just another alt coin worth shit or a really good scrypt coin which has the capacity to be of high value

you are mistaking the absence of a cap for 'abundantly available' ... new gold and diamonds are found every day - and they are still valuable... a coin can have a small new amount to mine forever and it would be ok, as there will be lost coins along the way

You sir are the reason why gold prices shoot up and will continue to go up. Gold isn't like turn big brothers data center on, it requires work. Not what we give them for free (like this hahaha)

People die over that shit. Blood and tears go a long way to value.

If you think you can get diamonds easy you should look into Africa. GL

please show me EXACTLY where I said anything about 'easy' at all
I'm the reason gold prices go up??? lmao... you are a f-ing idiot

[opusdigitus]

Please cap this coin if for no other reason than to differentiate it from DOGE.  A cute icon and community that appears to be hooked on happy pills is not enough.  You've got to be different now, and the cap is the only way.

[CryptoPro]

Cap it. This shouldn't even be a debate.

[Zzzack]

Cap it for now.

The cap differentiates it from Doge.

[GangstaBird]

I say cap

[Zzzack]

A low rate of inflation like .5-1% is actually OK with me. This coin's mining will be done and then what? Lets put a 1% inflation rate on, I'm changing my vote.

[jamesholodnak]

cap is necessary!

thanks!

[bmanzzs]

Yes. As others have posted, we should differentiate ourselves from doge and put a hard cap.

[11danman11]

Keep the cap at 100 billion.

[triplexoid]

So what was the resulting value at the end?

[Zzzack]

So what was the resulting value at the end?

Hopefully opposed!

We don't need 5% inflation like Doge, but lets keep it at 1% so we always have miners to secure the network. Also, this small % of coins mined is just meant to stop flappycoin from being deflationary. We want a fixed currency

[1369]

Miners will still mine for transaction fees.