Quote from: BrewCrewFan on June 28, 2014, 11:43:44 PM

Quote from: Ignition75 on June 28, 2014, 09:33:48 PM

Quote from: AizenSou on June 28, 2014, 12:57:37 PM

Quote from: Ignition75 on June 28, 2014, 12:26:25 PM

Quote from: AizenSou on June 27, 2014, 07:34:11 PM

Quote from: crypt0xx on June 27, 2014, 07:16:57 PM

Quote from: AizenSou on June 27, 2014, 03:14:33 PM

Quote from: binkshurts on June 27, 2014, 03:04:58 PM

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.

Yeah it's me... You said once "I might sell my DarkCoins and be the biggest TAC holder"... A day or so later that wallet appeared... So I thought you were throwing down the gauntlet...

I'm never one to shy away from a challenge, I consolidated my TAC wallets and pulled my coins off the exchanges Grin

I put 100-150k worth of TAC on both Polo and Bittrex, at regular intervals, all the way up to 125k sat, to stop whales from pumping the coin too cheaply... But the pumps never came and I thought you were challenging me to a wallet duel :-)

Between the two of us I'm sure we've got enough TAC and BTC to combat any market manipulation that will be damaging for the coin. PM me if you wanna play with the whales...

The problem is playing that game is doing nothing but discouraging miners. You guys already have yours, so your fine seeing less than .015 BTC/100mhs....sure its great thinking "long term" but people at least need to make enough and a little more just to cover costs of running...right now that is not even close. It cost me 300 a month extra to run the GPUs, at the current prices I would be mining at a loss, which I am able to eat for short term. Most can not wait months on end for something that "might" happen.

I understand all the wanting of lower block rewards too... on the other hand, the price has done nothing to reflect the lower rewards.

Yes, I am going across the current here, but if you step back and take a look back in, you could see how and why a new miner would pass this coin up. Right now its only the bag holders that are sitting pretty... we need more than just a lower block reward with "promises" of great things later or this coin will die a very slow death.

Umm....yea. I thought this was obvious but apparently not. Thanks for taking the time to explain things in a way everyone can understand....i guess dumbing down can be a good thing Tongue

Quote from: Ignition75 on June 29, 2014, 12:53:28 AM

I've only had 6-9 months of experience as a miner, most coins that have been profitable to instamine haven't shown any solid long term growth prospects...

This is absolutely true...I just think this coin might be one of the few that bucks that sickening trend.