Quote from: dickwhite on November 23, 2015, 11:23:32 AM

Quote from: gribgo on November 23, 2015, 08:07:05 AM

There is now a wide spectrum of coins that have all this stuff that you offer to us..
Then you can move to this coins.. why mess with Tekcoin?
Why would people want to to make all coins the same as they allready have or can buy at the market?
This coin - is the virtual miner! Why we want to break it and make it mine less coins at our own will?
peace

Some people made a lot of coin (forgive the pun) off this project. I'm one of them. However, that opportunity has passed and we're now at the inflection point where supply is overwhelming demand and prices are falling. And it's not because Cryptsy is insolvent. It's called hyperinflation. And from history, it always ends with the currency being worthless.

I once held a coin called Snowballs. It had a high stake rate, something like 1000%/annum. It didn't last a year because supply quickly overwhelmed demand and everyone lost interest. The same thing will happen to TEK if we don't implement some serious measure of inflation control or supply cap. This is not Dogecoin where the massive community (cult?) can hold the 100 billion coins and absorb 5% more per year to keep the price stable. It appears to me we will never attract enough new users to buy the increasing amount of coins we will see minted in the next few years. There are too many coins out there and not enough money chasing after them.

This is perhaps my final word on the topic. Good to have productive discourse with you. Cheers everyone.

Thank you for this good positive topic!
But I cant really go to bed before I point at some of your statements

There is HYPerstake coin where 750%/annum was proposed and now this coin had implemented some really strong measures implemented for a pretty long time now..
two things are facts now about it
1-its really close to impossible to get some meaningfull stake at all.
2-The price is at where it was and keeps going down
end of topic
___________________________________________________________________

alot of people who understand TEKcoin are miners or started their trip in cryptoworld with purchasing mining hardware it the past..
Tekcoin is a cool alternative to hardware mining ..period.
Here we have price decline due to rising supply and it is NORMAL! Every miner knows about diff rise in bitcoin mining and there is none who demand a serious measures about it.
peace