UPDATE: After I exposed Phenixcoin, it seems the developers are finally taking my advice and will be cutting the block reward too. Yesterday their stance on this was:
"Don't get me wrong i understand why everyone is pissed. But we did what we seen we needed to do and now its done."
https://bt.irlbtc.com/view/266377.msg2852139#msg2852139But after my big post they all of a sudden changed their mind: "We understand your concerns, your voice is heard loud and clear. Our upcoming release will reduce the reward by half."
https://bt.irlbtc.com/view/211165.msg2856301#msg2856301As I originally posted it is too late to go back now. The damage is already done and the developers have shown their hand. They can not be trusted and will make random changes to the rules of the coin. This is what you all should be concerned about. Anyone trying to make an informed decision to invest in this coin could at any time get screwed.
Phenixcoin has no predictability and the developers will do whatever they want at any time. Either the developers are so stupid they do not understand the mistake they made or they are outright scamming. Either way it does not inspire trust to invest with them. Actually this fits pretty good into my speculation. They might have been able to buy back the premine during the last dump and are now ready to start a new pump cycle. Just watch...