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The damage re: inflation has already been done. There is no turning back, we simply have to implement inflation because that is the only way to have the bitshares superDAC be competitive in the long run. Remember that shares will only ever be issued to fund endevours that are long term profitable and result in a net gain for the shareholders. This will only be positive unless you dont trust the developers and delegates. The only negative coming from implementing inflation is the selloff we are seeing right now, which means the damage has already been done.
No, it's plain to see that the selloff is not just due to the possibility of inflation. This selloff is about bigger issues with the current proposal and perhaps, to some degree, a loss in faith in leadership due to the fact that they are even entertaining such a proposal.
I heard talk of moving some of the dev funding held in BTC into BTSX, in which case the selloff allows more BTSX to be purchased, providing more funding if they do some of that while the price is down.
Also the price has been going down for weeks, it's not all because of this proposal. There's a lot of uncertainty. It's people freaking out from not understanding that the proposal makes bitshares much stronger. If this proposal gets more well fleshed out and goes ahead BTSX (then called BTS) will become invincible.
This proposal gives me more confidence in the leadership as it demonstrates bytemaster has the guts to take drastic measures to navigate us through the stormy seas of crypto-startup land.
Currently I have a small amount on BTer but I don't think that's a good place to keep it for long term.
Why don't you think Bter is a good place to store them long term?
No more nagging..
