Terracoin Price Recovering on BTC-e

[roy7]

I'd like to see one of the sites like dustcoin offer an option to show average difficulty over a past time period instead of just current difficulty. Or maybe graph the profitability over time. Then we could make more informed decisions.

Edit: Right now we're at minimum difficulty again and dustcoin says 600% profit level. Personally I'm mining TRC coins effectively solo, I'm testing a new pool I'm working on. Have found a couple coins the past couple days though, so I don't feel I'm wasting my time with my single GPU, lol. And a 20 coin block turns into a few dollars on BTC-E. Generally, I sell all coins as I mine them. I'm much more interested in mining/pooling than currency speculation.

[1715069814]

1715069814

[1715069814]

1715069814

[1715069814]

1715069814

[Trommie]

Edit: Right now we're at minimum difficulty again and dustcoin says 600% profit level. Personally I'm mining TRC coins effectively solo, I'm testing a new pool I'm working on. Have found a couple coins the past couple days though, so I don't feel I'm wasting my time with my single GPU, lol. And a 20 coin block turns into a few dollars on BTC-E. Generally, I sell all coins as I mine them. I'm much more interested in mining/pooling than currency speculation.

Great to see "working class miners" out there still. In my opinion using coins is the only way a currency is going to work. People hoarding coins only work to weaken the coins longterm  prospects, sure they may make some personal gain but at the expense of the coin actually gaining real use.

I'm like you in that i mine and then either buy something with the coin or trade it. i cash enough coins into GBP to pay my electric bill and what is left over I try to buy something with or save it up so I can buy stuff later. My long term savings are at most 5% of what I've mined.

[fcmatt]

I'd like to see one of the sites like dustcoin offer an option to show average difficulty over a past time period instead of just current difficulty. Or maybe graph the profitability over time. Then we could make more informed decisions.

Edit: Right now we're at minimum difficulty again and dustcoin says 600% profit level. Personally I'm mining TRC coins effectively solo, I'm testing a new pool I'm working on. Have found a couple coins the past couple days though, so I don't feel I'm wasting my time with my single GPU, lol. And a 20 coin block turns into a few dollars on BTC-E. Generally, I sell all coins as I mine them. I'm much more interested in mining/pooling than currency speculation.

Dustcoin shows something diff for trc every 30 mins. Now neg. Now this is due to bouncing diff... But it sure does not instill confidence in me to switch from nvc, at the moment, to it.

[roy7]

Dustcoin shows something diff for trc every 30 mins. Now neg. Now this is due to bouncing diff... But it sure does not instill confidence in me to switch from nvc, at the moment, to it.

Understood. Just got another block though so I'm happy. At 50K difficulty I won't find anything, but the next time it drops to 6K or lower I might.

[spacegoat]

i have a feeling we're going to see a major price increase. it was just at 0.014 with its asic induced lag, and with the fix i think it may sustain .02 because that is where it was heading before the fiasco

[crazy_rabbit]

I'm sure whomever has the ASIC continues to relentlessly profit from all this.

[spacegoat]

I'm sure whomever has the ASIC continues to relentlessly profit from all this.

it looks like he had a window to mine a bunch,
 but now, I don't think I've seen very many 10-blocks-a-minute runs in a few days...
really since 103591

hopefully it is being redistributed well now.

the block find rate is a bit fast though IMO


I don't mind a 20-30 minute confirmation.  but  maybe fast confirmations will make terracoin unique I don't know.  this has been a learning experience that's for sure

[MaGNeT]

If you consider the amount of coins in circulation, just over 2 million in total, price on BTC-E is still low.
I bought a shitload of them, feels like a good investment

[spacegoat]

true, the rarity of TRC was always appealing to me.  simple supply demand numbers make it look real nice, but nonetheless, investors and interest still need to be had in the coin...  otherwise 2 million is alot

what terracoin really needs is some kind of application, or some merchant that will take terracoin.  terracoin road, or something of that sort.  preferably not in illegal goods. 

the illegal goods thing sort of turns alot of people off these cryptos.  if they could just be appealing in some other fashion that would be great... 

like chinese slave road.  oh wait that's illegal isn't it.  chinese endentured servant road?