Quote from: Tranz on May 10, 2014, 03:18:59 PM

Regarding the stake algo. This is an inflation control method. Many coins use this same thing to lower the yearly interest as the number of coins and the amount of stake increases. Without such a control in place, the coin would be subject to run away inflation. Look what happened to CENT.

So, how does PHS handles it, since it is not NVCS?

Quote from: sixteendigits on May 11, 2014, 06:10:01 PM

TEK needs some liquidity on both sides of the order books. Price is at 55000 satoshis but no buy orders over 1000 coins til you get to 20000 satoshi range.

StakeHunter's pledge: selling 25% of stake every month to ensure liquidity. I plan to do it, once I get my first stake (and I probably will buy MRO with it).

Quote from: Biomech on May 11, 2014, 06:10:44 PM

Nah, what we really need is merchants. This coin has long term potential, not just an exchange dump. Though it is pretty good for that, since everybody wants it Cheesy

For me, TEK is mostly a store of value. I'd use another coin (BTC or later MRO) for sales.

Quote from: mighty jol on May 17, 2014, 04:22:15 PM

any tek selers ( i mean big seller) there is hardly 1000 tek in the sell book on cryptsy and i m kind of surprised it doesnt grow even with th recent price rise

It reminds me of this;

Quote from: tokyoghetto on January 19, 2014, 05:21:36 AM

I noticed something with HBN. Even though there is plenty of HBN is being mined, hardly any of it hits the exchange. I also noticed the same miners on HBN, very few pool hoppers. So these miners are actually just mining and holding HBN, not mining and dumping.

The reason for this is simple. You want your money to work for you. I am sure that those miners/investors have done the math and have come to the same conclusion as me.

Quote from: solarion on May 15, 2014, 11:13:02 PM

Quote from: MarketNeutral on May 15, 2014, 11:01:11 PM

My favorite SHA-256 coin.

Mine too. I mean bitcoin is BITCOIN, but I really like Tek. It'll be fun to see where this goes.

As for me, I prefer TEK over BTC. Different uses, TEK for storing value, BTC for spending.