Post
Topic
Board Announcements (Altcoins)
Re: [ANN][TAC] TalkCoin | First NIST5, First Anonymous Chat
by
dav1199
on 29/08/2014, 19:58:25 UTC
Why would anyone would invest in a coin where there is 20% inflation every month? And as we have seen so far inflation caused collapse of the prices and that dumper Dev as well.Now you come and say you will keep same inflation, myself as an investor i stopped buying TAC only bcos of this and as you can see people here complaining i'm not alone.This is that simple.

you use the word 'inflation' as if its bad - it's just increasing the supply.  If you don't do that, there won't be any coins.  We had this 'inflation' since the start (even more) and that got us to > $500k market cap before the issue of 'infinite supply' took hold and dumped the price same as HVC.  Now we are removing the infinite supply and setting 'inflation' to nearly half what is was 3 months ago so what's your point?

^ pretty much this ..

I don't know what is wrong with ppl , cutting the supply from one day to the next when you do a coin takeover isn't going to help anything.
The inflation is already MUCH lower than it was a couple months ago. And it will be reduced down the line.
I think the new curve is completly fair and fine.
And don't forget coins so far are being destroyed all the time when someone use chat features, reducing the supply over time , and could be significant if it get used a lot more in the future.

If the price rise , the interest / hashrate / difficulty will rise accordingly and don't forget there is no PoS here to maintain the blockchain ...We need miners and a lot of them to maintain a secure network.
What matter the most for this coin isn't the coin supply anyway , it is that it bring something new and useful. Noone care about yet another coin with low supply and nothing else to it.
Taking the coin over , cutting the supply and calling it a day wouldn't bring the price back up to 10k or over.
TAC need more features and interesting ones.

I support the new team completly and hope they do something great out of TAC and look forward to what they will do.