Quote from: lxru9999 on August 29, 2014, 03:29:49 PM

Quote from: karimdr2 on August 29, 2014, 02:30:36 PM

Quote from: k-meister on August 29, 2014, 07:41:53 AM

Open letter

To: Whoever is making the decisions for talkcoin
CC: The rest of the talkcoin team.
BCC: The rest of the talkcoin community.
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I have been speaking with other talkcoin holders about this and right now I am writing this on behalf of the owners of over 25% of all talkcoins in circulation. [If you're a coinholder and I haven't spoken to you yet, please see the end of this letter.]
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Can you tell us, please ,who these other talkcoin holders or how many they are ?

If the new team to really be able to accept your views, then you should see how many people want the total TAC can be controlled within 21 million. Now there are about 9 million, we do not want the expansion in 20%. We can accept every block 5TAC better.

Are you mining the coin right now ? Are you planning to mine it ? How much hashing power will you put on it to support the network (now, tomorrow in a week, in a month later on ?)
How much TAC will you still have in 2 weeks after the take over (assuming the coin peak ?).
That's the question you should answer.

The plan I see in the open letter isn't a plan for a takeover but rather a plan for a pump within two weeks so that some big bagholders can dump most of their coins. (on penny stock this is still called a fraud but hey, this is the far west we all know it... ) If there is no miner, and honestly I don't see why anybody would mine for mostly no profit just to satisfy the greed of a bunch of bagholder, there is no coin. So no matter how large your bag is, it is worthless.

So I understand we all want to make profit but this cannot be done with excluding anybody, miner should find an interest in mining it, bagholder too.
Your plan favors only early adopters but completely ignore any newcomers and the miner who will keep the network alive.

Some people made already that mistake with the low reward voting, such that everyone wanted to get rid of the voting and the price went down when the reward decreased because it just looked as what it was: market manipulation...
Repeating the same mistake again with no other reason that you have a large bag of tac won't satisfy anybody and even not you because nobody will buy as it will just look like some market manipulation again

I would feel personally very uncomfortable mining (and quite frankly I would not mine it...) a coin with low reward for mostly nothing except keeping the network alive until early adopter feel like dumping.

Here the plan we proposed give some incentive to the miners, I don't think we forget either early adopters unless they want to get away within a week (but in that case, you can't consider yourself as a supporter of the coin or even as an investor for that matter... ).
The inflation is now limited, however we want to develop the coin over the long term and not for the next month, this is why we choose that plan.

And don't forget if you want to takeover the takeover (even if it is the most stupid idea ever... Grin

) that your takeover will fail if you exclude a fraction or another.