There was no attack. TRC actually crumbled just by the avalan guy doing mining, that's how weak the TRC network is.

Can you please elaborate a bit further. 

What is the 'safe' or 'standard' way to do these transactions? (ie avoid being scammed)

Of course friend!

What do you think about the idea of chat rooms. This would make the chat more readable and you could have a different room for each currency to avoid so much fighting and trash talking! Good idea or bad idea?

Yeah he does imply that  Encouraging that he said it in response to a question about PPCoin.

I would be surprised if TRC ends up on there though with it's recent network problems.

PPCoin has moved up to third in the market capitalisation list, behind only Bitcoin and Litecoin 

My arguments for doing this:

1. The chat is moving incredibly quickly now. I can imagine in 6 months it will actually be impossible to keep up with it, in the present structure. edit: guess it varies as now it's slow, but it's definitely too fast at times for me

2. With so many people investing into alt currencies, there is constant 'car sales man' talk on the chat. This was there before but now it's literally non-stop. It's a shame because I used to enjoy talking there but now it's almost a non-stop shouting match mixed with trash talk

3. If I was a newcomer who had just bought some bitcoins and was investigating alt currencies and I went onto that site, I would be put off by the stream of 'Buy Ltc!', 'No buy TRC LTC crashing', 'LITECHICKUNN!!' etc. Never used to be this bad and it doesn't create a good impression.

And I know I can hide the chat, I have just stopped reading it now...

Me neither. Then factor in TRC does nothing new that Bitcoin or Litecoin don't do already, whereas PPC takes an innovative approach and has it's own unique advantages (e.g. energy efficiency+ proof of stake). Energy efficiency is a going to be a biggie in years to come, when Bitcoins are commonplace people will look at the billions of units of electricity being wasted and look for a 'greener' alternative.

It's $3.1 right now...

It's going to be another BBQ coin.

People are blatantly just trying to print themselves money now. It will get to the point where there are so many alt currencies being launched that only the strongest will get any kind of attention.

lmao.

I'm gonna mine a bit of every new coin now as 'insurance'.

I sold a thousand for $2.5.

Have to say it,TRC is in a hype bubble right now. All manner of things point to this being nothing but a hype and hope coin. It doesn't have any advantages over Bitcoin or Litecoin, apart from the fast difficulty adjustment which is actually a crippling disadvantage. Scroll down the topics and you'll see a large number of people complaining about things going badly wrong. Last night blocks weren't syncing, confirms were taking 5 hours to come through etc.

Other things from today:

"Having network hash rate going from 100~200 Giga hash/second to 4.5 Tera hash/second, then back down again is just crazy.  This is almost as bad getting 51% attacked by a pool. "

"You are wrong. 10 out of 10 valid blocks I mined solo were accepted by client but rejected by network. Difficulty still adjusts almost at random, not every 30 blocks."

Some topics:

https://bitcointalk.org/index.php?topic=168251.20

https://bitcointalk.org/index.php?topic=168708.0

https://bitcointalk.org/index.php?topic=168640.0

It's been stress tested now with a lot of users trading it and mining it and it has crumbled badly.

And this is from people using ASICs to mine. Imagine what happened if someone with an ASIC actually intentionally tried to cause trouble. The only reason the price is so high is because a lot of people aren't aware of these issues or they are focusing on making a short term profit over a matter of hours or days rather than thinking long term.

In it's current state this simply isn't a usable currency system to use as payment!

I sold 1000 PPC for $2.5 five minutes ago    Price stablizing now...

I and others disagree, it was abused blatantly and you know it. That's the whole reason why it was changed in the first place.

You find out if a coin is a winner by stress testing it, and Terracoin has crumbled.

The only unique feature of Terracoin actually breaks it. And even when the difficulty adjustment was fast people would hop on and off and exploit it.

That's why he's implying it's worthless because the network grinded to a halt.

Doesn't make for a very efficient payment system

Btw PPC deposits are taking to forever to confirm anyway. I guess a ton of people are flooding the wallet

I wonder why lol 

I have to agree unfortunately. The sad thing is a lot of the people who buy at btc-e are really clueless about the inner details, I saw one asking what an ASIC was etc..