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MemoryCoin / Re: [ANN] Memorycoin v3 in the Works
« on: May 30, 2014, 11:25:44 am »
As you can see from the past, the market history has suggested that higher inflation levels for the mining phase have been incapable of providing support at the previous price levels.
Bitcoin's supply schedule simply makes it easier for the market to psychologically perceive supply levels and push price levels to zones before and after events such as block halving and difficulty retargeting. They are able to create evaluations on changes such as supply and demand. (block halving and difficulty retargeting).
This goes for dogecoin and others.
The block reward will remain the same but the coin's newly minted coins will remain stable over a longer period of time. 2 years is definitely not enough time to learn and adopt the coin. Why invest now when earlier investors have already mined the same amount of coins with 10% the resources? That is a psychological barrier that makes people look away.
Supply will actually decrease at first vs. the old schedule, and will sustain a constant and small decrease over time to make price levels more stable for the whole run of the minting period.
The market cap will increase because of a longer sustained supply period. However, supply is aggregate to the current market, not much will change the price at block reward levels diminishing. I believe investors expectations will not change due to the fact that the coin will have more to offer them other than a play on supply.
Since supply is covered, price levels are completely based on the fact that people demand something at the current moment.
I'd also rather have sustaining price increases instead of volatility.
More specific details will be explained at the meeting city19akro
EDIT: No sleep (fixed my grammar)
Bitcoin's supply schedule simply makes it easier for the market to psychologically perceive supply levels and push price levels to zones before and after events such as block halving and difficulty retargeting. They are able to create evaluations on changes such as supply and demand. (block halving and difficulty retargeting).
This goes for dogecoin and others.
The block reward will remain the same but the coin's newly minted coins will remain stable over a longer period of time. 2 years is definitely not enough time to learn and adopt the coin. Why invest now when earlier investors have already mined the same amount of coins with 10% the resources? That is a psychological barrier that makes people look away.
Supply will actually decrease at first vs. the old schedule, and will sustain a constant and small decrease over time to make price levels more stable for the whole run of the minting period.
The market cap will increase because of a longer sustained supply period. However, supply is aggregate to the current market, not much will change the price at block reward levels diminishing. I believe investors expectations will not change due to the fact that the coin will have more to offer them other than a play on supply.
Since supply is covered, price levels are completely based on the fact that people demand something at the current moment.
I'd also rather have sustaining price increases instead of volatility.
More specific details will be explained at the meeting city19akro
EDIT: No sleep (fixed my grammar)
