crazy_rabbit (OP)
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Merit: 1001
RUM AND CARROTS: A PIRATE LIFE FOR ME
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March 20, 2013, 08:40:11 PM |
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The rate of TRC is way down, but the hash rate is still pretty high- it has less 60% profitability. That said, the buy order wall is completely stacked and volume continues to be above LTC. There is a good 50,000 in TRC buy orders on the buy wall. Which is quite a lot considering TRC reward is so low. Even the top TRC Miner on Coinotron would take over a month to fill the buy order wall with over 35K Mh/s in hash power. So, the price is probably down due to BTC's meteoric (again) rise. A perfect time to pick up some cheap TRC? If you're a believer it's prime. the rabbit
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more or less retired.
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Walter Rothbard
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March 21, 2013, 06:25:14 AM |
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I've been waiting for this thread to appear. BTW, cryptocoincharts.info has some order book graphs.
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d4rkbreaker
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Merit: 10
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April 04, 2013, 10:47:26 PM |
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I've been wondering who'd actually buy TRC at a high quantity? What incentives and value do they see in this currency?
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Donations: 1JLDd424T2pJms12shLZ8GKYvUMcykkpJq | TRC - 16ZyoYBhWQeTB14Ld9bWLLvoj5e6FTzk23
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Mike Christ
aka snapsunny
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Activity: 1078
Merit: 1003
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April 04, 2013, 10:49:14 PM |
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I've been wondering who'd actually buy TRC at a high quantity? What incentives and value do they see in this currency?
Well, it's not fiat, so that's always a good starting point. AFAIK it's pretty similar to Bitcoin. So it's mostly speculation; if I buy in now, and TRC goes up really high in price, I'll be rich!
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d4rkbreaker
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Activity: 83
Merit: 10
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April 04, 2013, 11:05:18 PM |
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I've been wondering who'd actually buy TRC at a high quantity? What incentives and value do they see in this currency?
Well, it's not fiat, so that's always a good starting point. AFAIK it's pretty similar to Bitcoin. So it's mostly speculation; if I buy in now, and TRC goes up really high in price, I'll be rich! It doesn't mean much to be not a fiat currency if no one wants to use it. BTC has lived for 4+ years and trust has grown, TRC is relatively new. I was particularly interested if people have a particular interest for TRC if it wasn't for all the speculations.
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Donations: 1JLDd424T2pJms12shLZ8GKYvUMcykkpJq | TRC - 16ZyoYBhWQeTB14Ld9bWLLvoj5e6FTzk23
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Mike Christ
aka snapsunny
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Activity: 1078
Merit: 1003
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April 05, 2013, 12:42:20 AM |
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I've been wondering who'd actually buy TRC at a high quantity? What incentives and value do they see in this currency?
Well, it's not fiat, so that's always a good starting point. AFAIK it's pretty similar to Bitcoin. So it's mostly speculation; if I buy in now, and TRC goes up really high in price, I'll be rich! It doesn't mean much to be not a fiat currency if no one wants to use it. BTC has lived for 4+ years and trust has grown, TRC is relatively new. I was particularly interested if people have a particular interest for TRC if it wasn't for all the speculations. You have a point. However, the more people adopt it, the more people admit to wanting to use it. Generally, an increase of price on any crypto-currency shows that more people are picking it up. There was a point in time where Litecoin was known by very few, and it traded for very little. But now even I have Litecoin, just to have it. I suspect there will be more than one major crypto-currency in the future, as opposed to Bitcoin being the only popular one; tho BTC will likely always reign king, I wouldn't say the other coins never reach such a level.
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spacegoat
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We are connected. you are me I am you.
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April 05, 2013, 12:50:56 AM |
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anybody know how I can contact the developers? or at least send them a message. I have some pertinent suggestions for making TRC much more appealing
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yeah baby yeah
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SalvorHardin
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April 05, 2013, 01:17:18 AM |
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Terracoin network now has an estimated hashpower over 4.5 Tera hash/second! I thought that it must have been a mistake, but then again people and the mining pools may have finally finished the obligatory upgrade to the latest client. PPC has close to 2 Tera hash/second as well.
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FuzzyBear
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Merit: 1010
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April 05, 2013, 01:32:50 AM |
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Terracoin network now has an estimated hashpower over 4.5 Tera hash/second! I thought that it must have been a mistake, but then again people and the mining pools may have finally finished the obligatory upgrade to the latest client. PPC has close to 2 Tera hash/second as well.
Yeah seeing the hashing power of many miners, it appears that a large number of serious miners are in on the altcoins
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chriswen
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April 05, 2013, 02:00:49 AM |
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You can't actually measure support by block reward.
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