[ANN] Terracoin (TRC) - Est 2012

[clockuniverse]

We have a facebook page!

Thanks to hippocrypto for taking this on!

https://www.facebook.com/TerracoinTRC/

[Marcboy123]

where can i find the slack invite link ?

[clockuniverse]

where can i find the slack invite link ?

Here is a new one: https://join.slack.com/terracoin/shared_invite/MjA5ODIzMjA2OTk4LTE0OTkzNjkzOTItMmQ1NThhOTJjYQ

[clockuniverse]

July 6th Terracoin Update - Limited

Like most cryptocurrancies Terracoin has a limited supply.

Terracoin has a total of 42,000,000 coins and we are almost at the half way mark of 21,000,000 coins.

Reward halving will happen in about a month, which means each TRC block reward will go down from 20 TRC to 10 TRC.  This has been planned since the beginning of TRC five years ago.

We should also have the testnet of DASH's masternode code running around the same time.

Two months after that the hard fork will happen.

The rewards per month after the hard fork will be:

30 blocks per hour * 24 hours * 30 days * 10 TRC per block = 216000 TRC generated per month.

The split after the hard fork will be:

45% miners/45% masternodes/10% decentalized governance
Each month miners will get 97,200 TRC
Each month masternodes will get 97,200 TRC
Decentralized governance will get 21,600 TRC

To run a masternodes you will need 10,000 TRC as collateral so there can only be 21 new masternodes per month if everyone sells all TRC block rewards that they get (which won't happen).

Currently between C-Cex and Cryptopia there is 597,000 TRC for sale which means there is only enough for 59 new masternodes.

Remember the 97,200 TRC is split between the number of masternodes so the early adopters get the largest payouts and have a higher weighted vote at the beginning.

All of this means that now is the time buy up 10,000 TRC so you can have a masternode.

Get enough TRC for a masternode now before it is too expensive!

Countdown

Reward halving ≈ 28 Days
Testnet = 3 Weeks
Hard fork = 11 Weeks

Numbers

30 days ago we were at 0.00001800 BTC (.0515 USD) and today we are at 0.00001315 BTC (.0343 USD). In the past 7 days we have not went over the 20 cent (USD) price goal.

We are ranked 332 on coinmarketcap with a market cap of $706,094 USD. Last week our market cap was $763,429 USD.

Source: http://coinmarketcap.com/currencies/terracoin/#charts

Donation Addresses

Terracoin: 12bTKJL3UiypnVQMyFXg7eCJudAyAtgh6p
Bitcoin: 14LW52k8vhHvHaGfmgx48d3su4RcKPyKcc
Terracoin Donations for the World: 1BQH6gBzkxxyMQG3VSJCHnmVGfWu64nbPL

Public Slack Invite

https://join.slack.com/terracoin/shared_invite/MjA5ODIzMjA2OTk4LTE0OTkzNjkzOTItMmQ1NThhOTJjYQ

New Facebook!

https://www.facebook.com/TerracoinTRC/

[Bee Cho Chen]

Can't wait for the fork

[clockuniverse]

Can't wait for the fork

Me too!  I also am excited for the testnet so we can mess with it!

[rebrik7]

What a pity that a solid amount of my coins remained on Cryptsy.
Now they would be very useful.
In general, there are so many dead wallets. If you could get access to them ... It would be cool!
The price will grow, one hundred percent.

[clockuniverse]

What a pity that a solid amount of my coins remained on Cryptsy.
Now they would be very useful.
In general, there are so many dead wallets. If you could get access to them ... It would be cool!
The price will grow, one hundred percent.

Someone did buy all of the coins from Crypsy's estate so those TRC are out there (like 2.5 million), but just not in their original hands.

[hanzac]

I have a strong feeling this coin is going to rocket at some point...

It will rise (mining supply halve and potential software upgrade) but I'm not sure if it will rocket. It depends if there's enough requirement as the competition in the market is also high.

[shintosai]

I have a strong feeling this coin is going to rocket at some point...

It will rise (mining supply halve and potential software upgrade) but I'm not sure if it will rocket. It depends if there's enough requirement as the competition in the market is also high.

always depend on what the dev will bring and how the supporters and investors react coming out from the new
progress but lets always be positive and wait for the big blast its been a long sleep but worth to wait.

[clockuniverse]

I have a strong feeling this coin is going to rocket at some point...

It will rise (mining supply halve and potential software upgrade) but I'm not sure if it will rocket. It depends if there's enough requirement as the competition in the market is also high.

always depend on what the dev will bring and how the supporters and investors react coming out from the new
progress but lets always be positive and wait for the big blast its been a long sleep but worth to wait.

There was a nice rise over the weekend.  I think the closer we get to the hard fork the more interested people will be.

[Bee Cho Chen]

Nice volume recently. Seems like it is finally starting to catch wind. It's crazy to think that this is only the beginning. Insane value here

[clockuniverse]

Nice volume recently. Seems like it is finally starting to catch wind. It's crazy to think that this is only the beginning. Insane value here

It looks like it is real volume too, not someone running a bot that is buying and selling to itself.

[TobiasVR]

i want to mining this coin use vga rx 470, it work?

[hanzac]

i want to mining this coin use vga rx 470, it work?

Won't worth it. It's SHA256 coin so there're so many ASIC machines mining it.
You'd better mine ETH/DASH/ZCash and then convert to TRC.

[[ProTrader]]

nice come back. I will try to accumulate some. Looks like price will start to spike as the days become thinner to masternodes implementation. Just keep up the good work dev and team. 

[clockuniverse]

nice come back. I will try to accumulate some. Looks like price will start to spike as the days become thinner to masternodes implementation. Just keep up the good work dev and team. 

I also think it will continue to grow in price the closer we get to the masternodes.  Nice little bump just happened!

[Bee Cho Chen]

I agree. The price will only increase as we get closer to masternodes. There is insane upside here. $1 a coin is not farfetched at all. We would only need to be around a $20m marketcap for that to happen. I wouldn't be surprised if TRC exploded just like other masternode coins like DASH, PIVX, and CRW did a few months ago. Shit, take a look at ChainCoin (CHC)...

[clockuniverse]

I agree. The price will only increase as we get closer to masternodes. There is insane upside here. $1 a coin is not farfetched at all. We would only need to be around a $20m marketcap for that to happen. I wouldn't be surprised if TRC exploded just like other masternode coins like DASH, PIVX, and CRW did a few months ago. Shit, take a look at ChainCoin (CHC)...

The price is on the rise right now.  I think the word is getting out there!

[Bee Cho Chen]

I agree. The price will only increase as we get closer to masternodes. There is insane upside here. $1 a coin is not farfetched at all. We would only need to be around a $20m marketcap for that to happen. I wouldn't be surprised if TRC exploded just like other masternode coins like DASH, PIVX, and CRW did a few months ago. Shit, take a look at ChainCoin (CHC)...

The price is on the rise right now.  I think the word is getting out there!

This is just a breeze compared to the category 5 hurricane that will happen when the word really catches wind