Post
Topic
Board Announcements (Altcoins)
Re: [ANN] TopCoin, Unique coin with rapid Block Halving (2 Days)
by
zorkafdo
on 02/03/2014, 16:51:12 UTC
I am afraid to say its not looking good for TOP. I have mined a few million, the price just keeps going down. We need to do something serious to impact the price or it will just go no where. I stopped mining a week after release.

Its the sad truth. I always wanted to know what would happen when the block reward reaches 1. I was holding my coin for a long long time. I could have made double BTC than now, but was curious to see what it might become after the rewards half and eventually become 1.

With pretty much 99.9% coins mined, and billion coins in circulation and the network really slow, its even difficult to move your coins from your wallet to an exchange. Technically all you need is one computer to process all transactions, but it'd take ages for it to happen.

It took me hours to send the coins, with the transactions sitting there, and then I decided to mine it myself just to make sure my transaction is processed.
With slower and slower processing time, the future looks bleak for topcoin. It is my humble opinion, feel free to correct me if my understanding is not correct.