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March 25, 2014, 12:03:00 PM Last edit: March 25, 2014, 12:16:27 PM by Halofire |
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Your main concern is price, not quantity, but you think quantity affects price like how public opinion affects price. Rarity isn't going to sway the public at this point, and we know public opinion is the strongest force. Rarity could also damage the coins value, like something that's SO rare, that it isn't worth anything. Also, the public will probably just brush this reward reduction of its shoulder like its nothing. Reason price is where it is not because market is flooded, nor because it will be, but because all altcoins that dont shine dwindle. utc was worth 2x (steadily) as much with current output supply. Again, if this coin was worth its weight in gold, it would be reflected in price, regardless of supply. Give utc a reason to rise other than they are rarer. UTC needs purpose, and it will come once/if it's mainstream, and again, supply won't matter. I keep saying supply won't matter, but I really mean it for 'finite production' coins.
edit: i now see your goal is longevity of the coin, not price. cutting reward will certainly do that, but can have serious negative consequences in price.
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