MODERATOR EDIT: This post originally quoted the entire first post of the original thread which contained outdated information after the 21,000 hard fork. Therefore it was removed.
So there are going to be 100,000,000 Goldcoins
and the timeline currently is for them all to be mined in 160 weeks?
Am I interpreting the graph right?
Isn't that too fast to release the coins in 160 weeks?
Won't that cause the price of the coins to go down, by releasing too many coins too fast?
And where are all the buyers for this huge amount of coins going to come from?
Seems to me, that it would make more sense to slow down how many are mined and spread that out over a much longer period of time, kind of like the way bitcoins are going to be mined until 2040 sort of thing.
And over more time, perhaps more buyers might be lining up for all the coins, but I wonder if enough buyers will be around in the early days, in those 160 weeks?
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I wanted to mention that having a links page like this on the forums is useful, but may be difficult for people to find, as they have to dig around on the forums to find it, and it is initially hidden from site when people first come to the forums. Same with the how-to instructions, where that might be better displayed on a web page as well? I suppose if you made these topics into stickies they might be easier to find?
