TRC Wall movement Tracker on Vircurex

[crazy_rabbit]

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

[Walter Rothbard]

I've been waiting for this thread to appear.

BTW, cryptocoincharts.info has some order book graphs.

[d4rkbreaker]

I've been wondering who'd actually buy TRC at a high quantity? What incentives and value do they see in this currency?

[Mike Christ]

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!

[d4rkbreaker]

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.

[Mike Christ]

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.

[spacegoat]

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

[SalvorHardin]

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.

[FuzzyBear]

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

[chriswen]

You can't actually measure support by block reward.