@zooko As an ASIC miner I’ve mined hundreds of ZEC, which I’ve held onto in the hope that my investment would appreciate in value. The opposite has ocurred and I’ve incurred significant losses as a result, and I’m sure there are many others on this forum who are in the same boat.
Large farms and ASIC manufacturers on the other hand have certainly been dumping their mined ZEC for BTC. This is indisputable as observed by the precipitous decline in the ZEC/BTC pair. So my question is why should the time lock be restricted to GPU miners only? It’s neither fair nor likely to achieve the desired outcome, simply because ASIC farms will still be able to dump their mined ZEC without delay.
If this proposal is to be seriously considered at all, then I suggest you expand the scope to include a delay in the release of the ASIC mined coins as well. I mine ZEC for the long-term investment and haven’t sold any to date, so it wouldn’t make any difference to me other than perhaps achieving the desired outcome.