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[tosha001]

why again the question of the revision of the award? how long to reduce it. if you make 2 coins per unit, the miners will go away!?

[tosha001]

of course until April 24 there are two days, but something tells me that nothing positive will not.
1pawncoin=1$

[provenceday]

why again the question of the revision of the award? how long to reduce it. if you make 2 coins per unit, the miners will go away!?

maybe with current block reward it's hard to achieve our long term goal. the block reward is 28.8k pawn coin per day. if we want to hit 1$=1pawn coin, we need at least 30G script hash power to support this. it's a little impossible at nowadays altcoin. also weak hand miner and multipool will mine pawn coin if it's profitable to mine it and after they mine it they will dump it as soon as possible. at last mining does not add values to pawn coin,it's just a way of distribute pawn coin. it's a waste of  electricity and hardware. but pawn service can add values on pawn coin. if want pawn coin really be something. we should keep it rare and hard to acquire. that's just my opinion, community has the right to make a finnal decision on this. we encourage everybody talk about this. then we will have a better solution on how to achieve the original goal of pawn coin. thanks everybody.

[provenceday]

why again the question of the revision of the award? how long to reduce it. if you make 2 coins per unit, the miners will go away!?

maybe with current block reward it's hard to achieve our long term goal. the block reward is 28.8k pawn coin per day. if we want to hit 1$=1pawn coin, we need at least 30G script hash power to support this. it's a little impossible at nowadays altcoin. also weak hand miner and multipool will mine pawn coin if it's profitable to mine it and after they mine it they will dump it as soon as possible. at last mining does not add values to pawn coin,it's just a way of distribute pawn coin. it's a waste of  electricity and hardware. but pawn service can add values on pawn coin. if want pawn coin really be something. we should keep it rare and hard to acquire. that's just my opinion, community has the right to make a finnal decision on this. we encourage everybody talk about this. then we will have a better solution on how to achieve the original goal of pawn coin. thanks everybody.

welcome any comments on this. thanks for everyone's support.

[provenceday]

why again the question of the revision of the award? how long to reduce it. if you make 2 coins per unit, the miners will go away!?

No, if we have own multi-pool.

yes multipool just dump what they mined. and like a bloodsucker.

[Radition]

Not all miners are dumping, many are playing the market selling high and then waiting to buy low. Just keep working on the services then if you still need to revise the block reward AFTER releasing a service do it. However i do not think it is necessary at this time. If you destroy the block reward people will cry cam and pyramid scheme the coin has a good reputation at the moment lets try and get a service out before we go and potentially ruin it.

We do not need to hit $1 over night with any large rise as we saw you get a fall. It will bounce back.

[provenceday]

Not all miners are dumping, many are playing the market selling high and then waiting to buy low. Just keep working on the services then if you still need to revise the block reward AFTER releasing a service do it. However i do not think it is necessary at this time. If you destroy the block reward people will cry cam and pyramid scheme the coin has a good reputation at the moment lets try and get a service out before we go and potentially ruin it.

We do not need to hit $1 over night with any large rise as we saw you get a fall. It will bounce back.

yes,the service is vital to pawn coin success! 

[provenceday]

Try to put some buy order on poloniex. And will start Chinese social network promotion tomorrow.

[alexje]

[quote author=Radition link=topic=508824.msg6333773#msg6333773 date=139814yesterdayNot all miners are dumping, many are playing the market selling high and then waiting to buy low. Just keep working on the services then if you still need to revise the block reward AFTER releasing a service do it. However i do not think it is necessary at this time. If you destroy the block reward people will cry cam and pyramid scheme the coin has a good reputation at the moment lets try and get a service out before we go and potentially ruin it.

We do not need to hit $1 over night with any large rise as we saw you get a fall. It will bounce back.
[/quote]

I totally agree, first the services, then the reduce of the block reward.

[alexje]

Maybe the best is:

Release the exchange after two weeks of testing and trading with exchange(it needs work smooth) then reduce the block reward to 10

Then release the Pawnshop, and afer two weeks of pawning then reduce to 2

[honghaisea]

so many posts  !   it means this coin will be better.

[Freebiescoin]

Apply for freebiescoin giveaway- 100% PoS Coin.
https://bitcointalk.org/index.php?topic=579688.0
Thanks!

[magpr]

Not all miners are dumping, many are playing the market selling high and then waiting to buy low. Just keep working on the services then if you still need to revise the block reward AFTER releasing a service do it. However i do not think it is necessary at this time. If you destroy the block reward people will cry cam and pyramid scheme the coin has a good reputation at the moment lets try and get a service out before we go and potentially ruin it.

We do not need to hit $1 over night with any large rise as we saw you get a fall. It will bounce back.

Totally agree. Without services coin have no future...

[provenceday]

Maybe the best is:

Release the exchange after two weeks of testing and trading with exchange(it needs work smooth) then reduce the block reward to 10

Then release the Pawnshop, and afer two weeks of pawning then reduce to 2

that is a smooth plan, better than reduce block reward now.

[provenceday]

Not all miners are dumping, many are playing the market selling high and then waiting to buy low. Just keep working on the services then if you still need to revise the block reward AFTER releasing a service do it. However i do not think it is necessary at this time. If you destroy the block reward people will cry cam and pyramid scheme the coin has a good reputation at the moment lets try and get a service out before we go and potentially ruin it.

We do not need to hit $1 over night with any large rise as we saw you get a fall. It will bounce back.

Totally agree. Without services coin have no future...

yes. Service is vital to pawn coin success. But we should also  keep a reasonable block reward to support the service.

[magpr]

http://coinpod.net/ online and all test orders removed Now exchange ready for beta test trades?

[richardn1987]

Don't reduce the block reward. We need more people involved, so we shouldn't scare away the miners.

What we need is more promotion and more buy orders!

[Radition]

The service should also be released when it is ready! and must be secure many exchanges have gone under due to security flaws in recent times its fine to release it late so long as it works and is secure.

I have faith in this team and know you can pull this off as long as you keep you heads.

Don't forget to vote against the reduction.

[provenceday]

http://coinpod.net/ online and all test orders removed Now exchange ready for beta test trades?

not yet,dev may announce it when everything ready. Maybe another several days?

[richardn1987]

http://coinpod.net/  is ready to go, Real trading starts now.

Cool! +1