CREDITS: INFLATION PERIOD OVER, SECOND HARD FORK + POKER ROOM COMING SOON

[ubel]

The increasing block rewards was a nice idea, but I've heard so many say they won't mine it just because of this. And I'm afraid most will have forgotten about credits when the decreasing rewards start. In my opinion, we should have increasing rewards for the next four weeks, to allow new miners on board, and then start decreasing. Six months with increasing is just way too much. I really hope the devs see this as well.

I used to think that was quite a good idea, but microcoin kind of didnt do as well as it should because people kept saying i'll mine it later when the rewards pick up a bit. Then they forgot and didn't come back

I really don't understand this!
What about the long time support?
What support is that, if someone will forget about it?

[1715340646]

1715340646

[1715340646]

1715340646

[Lordoftherigs]

Only the whales are complaining! Sorry guys but this is a very good idea!!!

There are dozen of other coins for you to mine and kill from the beginning.

Look what happened with RBBT:
https://www.mintpal.com/market/RBBT/BTC
24 Hour Volume: 0.857 BTC
You didn't complained about it when the block rewards where big. But now you can't sell it for "shit"!



I'm voting for staying with the initial plan.

We do not have to jump with all the power on this coin.

I don't want another pump and dump coin.

Dev's please do not change a thing.

Now all the whales will jump on me!

+1

[ubel]

Maximum 6 weeks with increasing rewards would be more than enough to get plenty of new miners on board. We can then start decreasing the reward to make this actually valuable, the price will only fall more and more the way it is now.

Nice!!! Then, after 6 weeks we can all forget about it? Right? With our pockets full of BTC resulted from dumping the mined stock.

Why in the world, will the real CREDITS supporter want to do that?

Six months is not years in crypto ..... I'm sorry! Yes! You are right! ........ It's years ....... For those than only want a fast profit and then to move on... to the next coin to kill.

[kache]

Maximum 6 weeks with increasing rewards would be more than enough to get plenty of new miners on board. We can then start decreasing the reward to make this actually valuable, the price will only fall more and more the way it is now.

Nice!!! Then, after 6 weeks we can all forget about it? Right? With our pockets full of BTC resulted from dumping the mined stock.

Why in the world, will the real CREDITS supporter want to do that?

Six months is not years in crypto ..... I'm sorry! Yes! You are right! ........ It's years ....... For those than only want a fast profit and then to move on... to the next coin to kill.

Six months is not years in crypto, it's CENTURIES...

[Drogean]

Everyone needs to remember to vote for us on the two exchanges CR is listed:

https://www.mintpal.com/voting

https://cryptorush.in/index.php?p=vote

[Drogean]

Only the whales are complaining! Sorry guys but this is a very good idea!!!

There are dozen of other coins for you to mine and kill from the beginning.

Look what happened with RBBT:
https://www.mintpal.com/market/RBBT/BTC
24 Hour Volume: 0.857 BTC
You didn't complained about it when the block rewards where big. But now you can't sell it for "shit"!



I'm voting for staying with the initial plan.

We do not have to jump with all the power on this coin.

I don't want another pump and dump coin.

Dev's please do not change a thing.

Now all the whales will jump on me!

Trust me, I am not a whale at all. Six months is like eons in the crypto world and is completely unnecessary to achieve what we want. Maximum 6 weeks with increasing rewards would be more than enough to get plenty of new miners on board. We can then start decreasing the reward to make this actually valuable, the price will only fall more and more the way it is now.

agreed, increased rewards is just asking for the coin to be worthless because everyone will have so much

[cryptohunter]

Keep the blocks the same size or else gradual increase if you have to increase it but increasing 13x is way too much.

Also everyone should be minining on the devs pools or ones that donate to the dev.... without their dev pot of funds you won't see the development we need and want.

Those other coins died for 1 reason because there was no development for them really. If rabbit coin was suddenly integrated into ebay and amazon you would see a rise in price regardless of their block scaling.

I vote for slow scaling down of block reward or keeping it the same.  If you increase block reward 13x you need 13x more people buying than now just to keep the price stable???

Noobs have no clue, whales will just wait until blocks are high reward and jump back on it then and dump the price down.

It does sound fairer to increase block reward as we go, but really it does not seem to work out that way.

Whales will always get more coins than small fish.... that is just the way it is. They have invested $200k in rigs some of these huge whales and $300 dollars per day electricity so of course they will get more than us ... this is the way the world works. They take bigger risks and sometime they get bigger rewards.

Most important thing for this coin is new development.... for that devs need funds.... so mine on the dev pools.

[derPLUNK]

updated my album: http://imgur.com/a/J4QOk

and bump for entertainment :3

CbVztfkn674VRJAD8CnSX6QDNgY76j2a3f

[Mikellev]

0% fee - nothing less!

Signup now, pool's waiting for you.

http://cr.poolerino.com/

Until now: 2787.09985732 CR have been donated to the pool and send 100% to the coin devs.

tx: 31e24e4157c39f0ae91659d377a0eff797dae4a797ff6c85e1688b4441936de1
tx: 856452243d522138d00bf8b7b8138b54ac995b63cb0d45b6c190a49413f3f06b

for our complete list of supported coins, visit poolerino.com

[Fastpow]

Only the whales are complaining! Sorry guys but this is a very good idea!!!

There are dozen of other coins for you to mine and kill from the beginning.

Look what happened with RBBT:
https://www.mintpal.com/market/RBBT/BTC
24 Hour Volume: 0.857 BTC
You didn't complained about it when the block rewards where big. But now you can't sell it for "shit"!



I'm voting for staying with the initial plan.

We do not have to jump with all the power on this coin.

I don't want another pump and dump coin.

Dev's please do not change a thing.

Now all the whales will jump on me!

You are partly right mate, by letting the rewards increase in the way it does now you'll just get the whales jumping in in 4-5 months when the rewards are are their top. Because the gap between the current rewards and the rewards in 6 months is so incredibly big the only thing you'll accomplish by letting the rewards increase this way is that whales don't jump in at the start but when the rewards are at their max.

That said i think a small increase in rewards for the next couple of weeks/ few months is great to keep the people coming but as it is now the difference is just too big.

[Egoista]

I don't understand....

I hate when a huge network of miners jumps on a coin in the beginning. It kills it for me and I get out because I can't get any coins. NOW you have a very relaxed hashrate that is very healthy for growth and ample opportunity to obtain a lot of coin....and you complain? Note how many people are waiting to jump in at the higher block rewards. You will get just as many now as you will when the blocks increase because the NET HASH will increase = more ways to divide each block reward.

Only the whales are complaining! Sorry guys but this is a very good idea!!!

There are dozen of other coins for you to mine and kill from the beginning.

Look what happened with RBBT:
https://www.mintpal.com/market/RBBT/BTC
24 Hour Volume: 0.857 BTC
You didn't complained about it when the block rewards where big. But now you can't sell it for "shit"!



I'm voting for staying with the initial plan.

We do not have to jump with all the power on this coin.

I don't want another pump and dump coin.

Dev's please do not change a thing.

Now all the whales will jump on me!

Both of these make a lot of sense to me, I realize that 6 months is forever to some, but that's just the beauty of it, people now just want something they want quick cash out of and that is not what this coin is for. This coin in made to last a LONG period of time.

Keep the blocks the same size or else gradual increase if you have to increase it but increasing 13x is way too much.

Also everyone should be minining on the devs pools or ones that donate to the dev.... without their dev pot of funds you won't see the development we need and want.

Those other coins died for 1 reason because there was no development for them really. If rabbit coin was suddenly integrated into ebay and amazon you would see a rise in price regardless of their block scaling.

I vote for slow scaling down of block reward or keeping it the same.  If you increase block reward 13x you need 13x more people buying than now just to keep the price stable???

Noobs have no clue, whales will just wait until blocks are high reward and jump back on it then and dump the price down.

It does sound fairer to increase block reward as we go, but really it does not seem to work out that way.

Whales will always get more coins than small fish.... that is just the way it is. They have invested $200k in rigs some of these huge whales and $300 dollars per day electricity so of course they will get more than us ... this is the way the world works. They take bigger risks and sometime they get bigger rewards.

Most important thing for this coin is new development.... for that devs need funds.... so mine on the dev pools.

Yes, we have almost no hashrate on the dev pools, helping the devs help the coin.

DEV POOLS:

http://dredd.cryptocredits.org/ - OFFICIAL POOL
http://masseffect.cryptocredits.org/ - OFFICIAL POOL
http://deusex.cryptocredits.org/ - OFFICIAL POOL
http://batmanbeyond.cryptocredits.org/ - OFFICIAL POOL
http://cr.verleta.net/ - POOL BY DEV, %0 FREE UNTIL SUNDAY, EVENTS (SUCH AS %0 SPRING BREAK)

Also, what are some marketing ideas that we, as a community, can use to market Credits?

[Dinthar]

This coin is dying on the vine.  In theory, an escalating block reward is a good idea, but for most people (i.e., the serial coin hoppers), there's no reason to mine it until the block reward nears its peak.  That harms early adopters, because the block reward right now is just a fraction of what it'll be then.  Anticipated difficulty isn't enough to bridge that gap.

I would halve the number of scheduled block reward increases and make them twice as frequent.  That toes the line between having a basis to insert new life into the coin (reward doubled!) and not completely screwing the people like me who have stuck with it up to this point in the face of waning interest.

The other problem with this coin is that the block reward is incredibly discouraging in the face of a statement that there will be 20 bazillion coins overall.  Anyone who doesn't take the time to actually read the thread sees DOGE-like total coin figures against a block reward in the hundreds, thousands, or low tens of thousands max and thinks, "Well, I missed the boat, I won't bother with this."

[Mikellev]

This coin is dying on the vine.  In theory, an escalating block reward is a good idea, but for most people (i.e., the serial coin hoppers), there's no reason to mine it until the block reward nears its peak.  That harms early adopters, because the block reward right now is just a fraction of what it'll be then.  Anticipated difficulty isn't enough to bridge that gap.

I would halve the number of scheduled block reward increases and make them twice as frequent.  That toes the line between having a basis to insert new life into the coin (reward doubled!) and not completely screwing the people like me who have stuck with it up to this point in the face of waning interest.

The other problem with this coin is that the block reward is incredibly discouraging in the face of a statement that there will be 20 bazillion coins overall.  Anyone who doesn't take the time to actually read the thread sees DOGE-like total coin figures against a block reward in the hundreds, thousands, or low tens of thousands max and thinks, "Well, I missed the boat, I won't bother with this."

Most ppl forget the diff. As soon the bigger blockreward kicks in, the diff will rise, so is the number of miners.

Right now with low blockreward only few are mining and stacking coins. With more diff + more miners = the number of coins you get for your hash drops.

Ppl complaining now, and they did it in our chatbox clearly say:
"F*ck this coin! I want coins now, sell, make money and next coin, thats what we want......"

Sad but true
Mike

[Mikellev]

Yes, we have almost no hashrate on the dev pools, helping the devs help the coin.

DEV POOLS:

http://dredd.cryptocredits.org/ - OFFICIAL POOL
http://masseffect.cryptocredits.org/ - OFFICIAL POOL
http://deusex.cryptocredits.org/ - OFFICIAL POOL
http://batmanbeyond.cryptocredits.org/ - OFFICIAL POOL
http://cr.verleta.net/ - POOL BY DEV, %0 FREE UNTIL SUNDAY, EVENTS (SUCH AS %0 SPRING BREAK)

Also, what are some marketing ideas that we, as a community, can use to market Credits?

Se my post above you. We the non "dev pools" but donation pools also contribute our donations fully to the coin. It might be less then the 1.5% the dev pools offer but with more hashes and donators it would also help.

Mike

[Dinthar]

This coin is dying on the vine.  In theory, an escalating block reward is a good idea, but for most people (i.e., the serial coin hoppers), there's no reason to mine it until the block reward nears its peak.  That harms early adopters, because the block reward right now is just a fraction of what it'll be then.  Anticipated difficulty isn't enough to bridge that gap.

I would halve the number of scheduled block reward increases and make them twice as frequent.  That toes the line between having a basis to insert new life into the coin (reward doubled!) and not completely screwing the people like me who have stuck with it up to this point in the face of waning interest.

The other problem with this coin is that the block reward is incredibly discouraging in the face of a statement that there will be 20 bazillion coins overall.  Anyone who doesn't take the time to actually read the thread sees DOGE-like total coin figures against a block reward in the hundreds, thousands, or low tens of thousands max and thinks, "Well, I missed the boat, I won't bother with this."

Most ppl forget the diff. As soon the bigger blockreward kicks in, the diff will rise, so is the number of miners.

Right now with low blockreward only few are mining and stacking coins. With more diff + more miners = the number of coins you get for your hash drops.

Ppl complaining now, and they did it in our chatbox clearly say:
"F*ck this coin! I want coins now, sell, make money and next coin, thats what we want......"

Sad but true
Mike

It's presumptuous and, frankly, a bit silly, to assume that the difficulty will double with each block reward doubling.

[Sanasol]

Block explorer http://explorer.sancrypto.info/chain/Credits

and

Profit Calc, diff/hash/price charts http://sancrypto.info/index/show/CR/


Send gratitude here: Cew6GrFfcxCn1Sh6VJyhYdswwdVNPGKKYa 

[Fastpow]

   "Now, for the inner investor in us all. What happens after this inflation period? The block reward will lower by 6x(1130) the average(6800) for
    the next two years, that's a 6x or more increase in value. If you managed to properly reinvest your Credits into the latter periods when the block rewards would
    be especially high, you could be looking at a 13x return. Subsequently we will see a halving to around ¤560 and then finally ¤280. We're talking about a
    potential outcome of 52x, and that's if factors such as difficulty and services don't rise, but we've clearly done our best to ensure that. With that said,
    the previous figures are likely child's play compared to what the future holds. In summation, mining longer will not only bring you more wealth in
    Credits but it will increase your return margin as early mined Credits are more likely to become inflated over the 6 month period."

I think we're all forgetting the potential of day trading. Simply sell before the increase and buy back. We figured more people would catch on to this strategy. Mainly this system removes silly pump n dumpers and hoarders. So be smart people, trade it up.

My god, and this is coming from a coins dev?

[dnaanders]

   "Now, for the inner investor in us all. What happens after this inflation period? The block reward will lower by 6x(1130) the average(6800) for
    the next two years, that's a 6x or more increase in value. If you managed to properly reinvest your Credits into the latter periods when the block rewards would
    be especially high, you could be looking at a 13x return. Subsequently we will see a halving to around ¤560 and then finally ¤280. We're talking about a
    potential outcome of 52x, and that's if factors such as difficulty and services don't rise, but we've clearly done our best to ensure that. With that said,
    the previous figures are likely child's play compared to what the future holds. In summation, mining longer will not only bring you more wealth in
    Credits but it will increase your return margin as early mined Credits are more likely to become inflated over the 6 month period."

I think we're all forgetting the potential of day trading. Simply sell before the increase and buy back. We figured more people would catch on to this strategy. Mainly this system removes silly pump n dumpers and hoarders. So be smart people, trade it up.

My god, and this is coming from a coins dev?

Is there an issue?

[Dinthar]

   "Now, for the inner investor in us all. What happens after this inflation period? The block reward will lower by 6x(1130) the average(6800) for
    the next two years, that's a 6x or more increase in value. If you managed to properly reinvest your Credits into the latter periods when the block rewards would
    be especially high, you could be looking at a 13x return. Subsequently we will see a halving to around ¤560 and then finally ¤280. We're talking about a
    potential outcome of 52x, and that's if factors such as difficulty and services don't rise, but we've clearly done our best to ensure that. With that said,
    the previous figures are likely child's play compared to what the future holds. In summation, mining longer will not only bring you more wealth in
    Credits but it will increase your return margin as early mined Credits are more likely to become inflated over the 6 month period."

I think we're all forgetting the potential of day trading. Simply sell before the increase and buy back. We figured more people would catch on to this strategy. Mainly this system removes silly pump n dumpers and hoarders. So be smart people, trade it up.

"Simply sell before the increase and buy back."

A simple supply/demand curve supports that approach - block reward doubling increases supply ahead of demand and the price falls.  Unfortunately, crypto trading doesn't follow logic, because it's vulnerable to pumping and dumping and the "I need to get in on this" thinking that accompanies it.  More coins = more coins to utilize in pump and dump schemes, so when the block reward doubles, the value is more likely to go up than to go down.  By "selling before an increase and buying back," you're more likely to lose money than gain it.

The fact is, the large majority of miners are going to wait until a much higher or the highest block reward, assuming anyone still remembers the coin in 4-6 months.  In the meantime, current miners only have the hope that it will someday get big to continue mining it.  That hope will wear thin if a few block double dates pass and the price doesn't rise.  If nothing changes, I guarantee you that no one will be mining this coin in a month.  Six months in the crypto world is eons.

[Dinthar]

   "Now, for the inner investor in us all. What happens after this inflation period? The block reward will lower by 6x(1130) the average(6800) for
    the next two years, that's a 6x or more increase in value. If you managed to properly reinvest your Credits into the latter periods when the block rewards would
    be especially high, you could be looking at a 13x return. Subsequently we will see a halving to around ¤560 and then finally ¤280. We're talking about a
    potential outcome of 52x, and that's if factors such as difficulty and services don't rise, but we've clearly done our best to ensure that. With that said,
    the previous figures are likely child's play compared to what the future holds. In summation, mining longer will not only bring you more wealth in
    Credits but it will increase your return margin as early mined Credits are more likely to become inflated over the 6 month period."

I think we're all forgetting the potential of day trading. Simply sell before the increase and buy back. We figured more people would catch on to this strategy. Mainly this system removes silly pump n dumpers and hoarders. So be smart people, trade it up.

My god, and this is coming from a coins dev?

It's really disconcerting.  I've been on this since launch, but I may drop it.