May 18th Update Pounding
Wow. The price of Terracoin sure took a pounding over the last week.
There are a three of theories about why this happened.
1. People saw Bitcoin take a slight drop instead of a steady increase so they cashed out altcoins.
2. A whale from the past appeared to dump their holdings.
3. The Terracoin Foundation is taking too long to implement DASHs code so people have lost faith.
There actually another possible reason:
4) Some of the miners that do not agree to mine while the masternode system will be implemented are protesting in this way or maybe they just cashing out because they do not want to go on with the TRC. I think it's a good thing because it's better for TRC that everybody has a clear idea of what he wants and what he doesn't want.
After the price rise all the miners I know decided masternodes was a great idea for Terracoin.
We have two developers currently working on it, and I am talking with another. If anyone knows more developers have them PM me. The more we have working on it the faster we can get it implemented.