[XMR] Monero - A secure, private, untraceable cryptocurrency

[windjc]

if Monero changes the emission I'm out.

The main body of XMR emission is set in stone and not going to change.

The tail-end emission has yet to be determined.

Is it seriously being considered to change emission rates? I am shocked if smooth or other devs agreed to this, as (although it wouldn't necessarily be my opinion) this opens up Monero to a huge "pre-mine" debate that could get ugly fast. My opinion would be to stick to the current emission rates and not give devs blocks. Fund raise from within. You guys have enough whales where dev funds should never be an issue.

Emissions aren't ideal with XMR, but changing the emission rate opens up a huge can of worms, imo.  

I see changing the emission rate as just short term thinking by greedy coin holders who are tired of the price not going to da moon. Short sightedness kills things. Including coins.

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[robinwilliams]

this opens up Monero to a huge "pre-mine" debate that could get ugly fast.

oh blah blah blah says the coin that sets aside 1% premine for the dev with no accountability.   

[TrueCryptonaire]

if Monero changes the emission I'm out.

The main body of XMR emission is set in stone and not going to change.

The tail-end emission has yet to be determined.

Is it seriously being considered to change emission rates? I am shocked if smooth or other devs agreed to this, as (although it wouldn't necessarily be my opinion) this opens up Monero to a huge "pre-mine" debate that could get ugly fast. My opinion would be to stick to the current emission rates and not give devs blocks. Fund raise from within. You guys have enough whales where dev funds should never be an issue.

Emissions aren't ideal with XMR, but changing the emission rate opens up a huge can of worms, imo.  

I see changing the emission rate as just short term thinking by greedy coin holders who are tired of the price not going to da moon. Short sightedness kills things. Including coins.

Something like this could be a compromise solution, if it is made sure the devs will not dump those coins immediately (for instance by putting the coins in escrow and pay as a reward based on some guidelines of proven performance).

[windjc]

this opens up Monero to a huge "pre-mine" debate that could get ugly fast.

oh blah blah blah says the coin that sets aside 1% premine for the dev with no accountability.   

Hey, I'm just pointing out the obvious blow back that will occur, imo.

[robinwilliams]

Hey, I'm just pointing out the obvious blow back that will occur, imo.

   

*looks at wj sig*

suuuure u just have xmr's best interest at heart.  this is the dude that started the "official" boolberry name vote without boolberry as an option.  he's a clown

[windjc]

if Monero changes the emission I'm out.

The main body of XMR emission is set in stone and not going to change.

The tail-end emission has yet to be determined.

Is it seriously being considered to change emission rates? I am shocked if smooth or other devs agreed to this, as (although it wouldn't necessarily be my opinion) this opens up Monero to a huge "pre-mine" debate that could get ugly fast. My opinion would be to stick to the current emission rates and not give devs blocks. Fund raise from within. You guys have enough whales where dev funds should never be an issue.

Emissions aren't ideal with XMR, but changing the emission rate opens up a huge can of worms, imo.  

I see changing the emission rate as just short term thinking by greedy coin holders who are tired of the price not going to da moon. Short sightedness kills things. Including coins.

Something like this could be a compromise solution, if it is made sure the devs will not dump those coins immediately (for instance by putting the coins in escrow and pay as a reward based on some guidelines of proven performance).

What I don't understand is the Risto and other whales are creating the "MEW" and all these other "whale" things, yet the developers are going hungry. How the hell does this happen?

[generalizethis]

Debate timeout: 

[windjc]

Hey, I'm just pointing out the obvious blow back that will occur, imo.

   

*looks at wj sig*

suuuure u just have xmr's best interest at heart.  this is the dude that started the "official" boolberry name vote without boolberry as an option.  he's a clown

Ok. Look. We can agree to disagree. You like changing the emission. I don't think its a good idea. I actually think it will hurt XMR and probably, if anything, help BBR. But we don't have to make it personal. I was just generally surprised thats all. I will bow out now, as I am sure I am not welcomed in this discussion. My apologies.

[iCEBREAKER]

if Monero changes the emission I'm out.

The main body of XMR emission is set in stone and not going to change.

The tail-end emission has yet to be determined.

Is it seriously being considered to change emission rates?

You can't "change" something that hasn't been decided yet...

Once again:

The main body of XMR emission is set in stone and not going to change.

The tail-end emission has yet to be determined.

[GreekBitcoin]

A post mine is completely out of the question in my book.

Jesus. This isn't the USD where the government just tries to solve it's problems by printing more money. I mean wtf.

The only option is to change the emission schedule.

What is the problem with price going down for now until more adoption? If the coin is legit it will succeed. As i said if someone believes that the price will fall then sell now buy back later.

[smooth]

I will bow out now, as I am sure I am not welcomed in this discussion. My apologies.

Not true, windjc. We don't chase people away from our thread because we disagree on their views on things nor because they happen to involved with another coin.

Your views are as valid as anyone else's.

Obnoxious signatures are an obvious turn off, and may result in your views being taken less seriously. But that is your call.

[generalizethis]

A post mine is completely out of the question in my book.

Jesus. This isn't the USD where the government just tries to solve it's problems by printing more money. I mean wtf.

The only option is to change the emission schedule.

What is the problem with price going down for now until more adoption? If the coin is legit it will succeed. As i said if someone believes that the price will fall then sell now buy back later.

Adoption should increase with the GUI, so if a post-mine is the road, we should go down it prior to the GUI. Not siding here, just pointing out the time frame.

[windjc]

A post mine is completely out of the question in my book.

Jesus. This isn't the USD where the government just tries to solve it's problems by printing more money. I mean wtf.

The only option is to change the emission schedule.

What is the problem with price going down for now until more adoption? If the coin is legit it will succeed. As i said if someone believes that the price will fall then sell now buy back later.

It almost feels like this is a panic decision driven buy Risto and his "whale" collective that are watching their BTC wealth dwindle and have been unable to prop up the XMR price. So they seem desperate to do anything to increase the price. No patience.

And before you dismiss my motives for saying this, consider this point. One of the biggest marketing points for BBR to new investors we are constantly meeting with is the value of XMR. The better XMR performs short term the better for us.

But if you guys keep doing controversial things it hurts us all.

[smooth]

Is it seriously being considered to change emission rates? I am shocked if smooth or other devs agreed to this

Nobody agreed to anything it is merely a discussion.

I see changing the emission rate as just short term thinking by greedy coin holders who are tired of the price not going to da moon. Short sightedness kills things. Including coins.

I will never agree to any change that is supported on that basis. Obviously hidden motives are impossible identify with certainly, but if anything is to be done there will need to be a strong justification for it that does not include price manipulation.

[smooth]

this opens up Monero to a huge "pre-mine" debate that could get ugly fast.

oh blah blah blah says the coin that sets aside 1% premine for the dev with no accountability.  

There is accountability to the miners who can turn it off if they don't like what is happening. Miners don't represent the whole community certainly but that is not no accountability.

[iCEBREAKER]

A post mine is completely out of the question in my book.

Jesus. This isn't the USD where the government just tries to solve it's problems by printing more money. I mean wtf.

The only option is to change the emission schedule.

In my book, forcing the devs to abandon Monero for lack of funds is out of the question.  And so is continuing their practice of subsidizing the whales, miners, and everyone else, by working for below-market rates.

A post mine is in some sense a change to the emission schedule.  But the Bootstrap Block would be auctioned off and thus its emission change kind-of happens 'off-chain.'

No matter what, the now-undecided emission schedule must change when a solution for the tail-end is implemented.

All the Sturm und Drang in the universe will not change that simple fact.

[windjc]

A post mine is completely out of the question in my book.

Jesus. This isn't the USD where the government just tries to solve it's problems by printing more money. I mean wtf.

The only option is to change the emission schedule.

In my book, forcing the devs to abandon Monero for lack of funds is out of the question.  And so is continuing their practice of subsidizing the whales, miners, and everyone else, by working for below-market rates.

A post mine is in some sense a change to the emission schedule.  But the Bootstrap Block would be auctioned off and thus its emission change kind-of happens 'off-chain.'

No matter what, the now-undecided emission schedule must change when a solution for the tail-end is implemented.

All the Sturm und Drang in the universe will not change that simple fact.

Why are you guys subsidizing the whales?? This is a huge problem. What other coin has more whale support than XMR?? It's been this coins MAIN selling point for months. And now it's being admitted that basically the devs work for peanuts at the grandiziation of whales? Am I the only one who sees a problem with this?

[smooth]

Future windjc sig:

smooth, on the BBR dev tax (Sept 25, 2014): "There is accountability"

[iCEBREAKER]

It almost feels like this is a panic decision driven buy Risto and his "whale" collective that are watching their BTC wealth dwindle and have been unable to prop up the XMR price. So they seem desperate to do anything to increase the price. No patience.

The whale are propping up the XMR price just fine.  It's been stable despite the ongoing generous early emission, Troll Block Attack, and BCX FUD.  The market cap is doing very well.  Thanks for your concern.   

We don't expect the price of XMR to really pick up for another couple of years, when block rewards begin to fall rapidly.

We haven't even integrated a DB and i2p yet, much less released an Official Wallet.

By calling XMR people "desperate" and whatnot, you sound like the "impatient" one here.

As for whale subsidies, they are not avoidable absent a 'wealth tax' in the form of a post-mine bootstrap.

And at least one whale is giving directly back to the community.  All whales help by absorbing new coins, so it's not an entirely one-way street.

[rdnkjdi]

Why are you guys subsidizing the whales?? This is a huge problem. What other coin has more whale support than XMR?? It's been this coins MAIN selling point for months. And now it's being admitted that basically the devs work for peanuts at the grandiziation of whales? Am I the only one who sees a problem with this?

Why are you guys subsidizing the whales?  

There are two issues.  The first is funding development.  The second is trying to figure out a way to avoid it looking like too much like an early adopter setup / rapid mine on down the road by the current high emission rate.  Irritatingly the only way to do something about the second problem is to make it look like we are rewarding those who own the coins now by slowing down the emission rate.

I don't care much about the price.  I do care about the market cap which should not be hurt by keeping the high emission.