Post
Topic
Board Announcements (Altcoins)
Re: [ANN][TAC] TalkCoin | First Anonymous Chat | First NIST5 | Vote/No Premine
by
AizenSou
on 28/06/2014, 12:57:37 UTC
TAC Chat is still 1 TAC?

You guys finally understand that block reward is not related with price in short term, ok ?


You're not too bright huh? Why would you want millions of TAC coins created a week with a high reward? You actually think people will keep holding the millions of coins created weekly or would they dump some lowering the price?

or would you rather have low rewards with a few TAC's being created to atleast stop some selling?

For disclaimer, I bet 1k TAC that I hold more TAC than you, ok?
Personally I of course prefer higher TAC price but we are not at this stage now. For distribution phase we need cheap TAC for a lot of people to mine and trade TAC than everyone holding TAC right now.

Ok I give up explaining my logic. Maybe it sounds wrong for you. But the price of TAC always reflects my prediction.

I know this is you... I can feel it... ThMP1xcfDGcp4upL4CGXZL7uS2MPcdoLHg

So it is you then, my friend? Wink
http://talk.cryptocoinunion.com/address.asp?address=TijQRLxXQWMXrdoRNo8bCaBE5XfcNmnWoo

Btw it is not my address  Grin and our explorer at cryptocoinunion stops working so I don't know who is the biggest whale now.
It's pretty easy to manipulate TAC price now. e.g. you put a big buy order at around 5k sat and wait for some impatient miners / holders to dump to your wall. Then set a few small sell orders at 6k range and some buyers will buy it. Instantly 20% profit and it's been happened for weeks already. If everyone holds and whales play with the market, the price can't rise, whatever the block reward is.

I wish the dev were more active so we can discuss which plan is the best for the future of TAC.