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Author Topic: [TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico  (Read 430413 times)
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StakeHunter
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July 04, 2014, 08:40:30 PM
 #1101

The big issue still is and will be is the light volume with the coin. A 1K sell can easily take the coin down by 20% (or more) due to the small buy orders.
This is where its great stake is a burden. People want to cash out some when they stake (like me around the beginning of the month), but there is no volume to sell to. So there is a sell war, and dump. 

"Do not store up for yourselves treasures on earth, where moths and vermin destroy, and where thieves break in and steal." -Jesus (Mat 6:19)
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July 05, 2014, 12:14:34 AM
 #1102

This is why it is important to:
- increase TEK recognition - new marketplace (https://www.allcoin.com/vote/#TEK others?), new announcements, twitter and facebook presence
- have a trading plan favouring regular small sales (25% of stake every month)

Monero: the first crytocurrency to bring bank secrecy and net neutrality to the blockchain.HyperStake: pushing the limits of staking.
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July 05, 2014, 12:39:53 AM
 #1103

This is why it is important to:
- increase TEK recognition - new marketplace (https://www.allcoin.com/vote/#TEK others?), new announcements, twitter and facebook presence
- have a trading plan favouring regular small sales (25% of stake every month)

25% only if you dont insta dump them.

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July 05, 2014, 03:36:51 AM
 #1104


ThunderToe can you fix the Block Explorer and RichList? Why does it keep breaking?

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July 05, 2014, 03:39:03 AM
 #1105

Please dump as I will take them all. Thank you.
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July 05, 2014, 04:42:51 AM
 #1106





          Smiley  A Excellent time buy TEK I just did  Smiley





Genesis-Mining  https://www.genesis-mining.com/a/698529
   And Get 3% off  use Code   1L4orsCG
David Latapie
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July 05, 2014, 04:47:54 PM
 #1107

This is why it is important to:
- increase TEK recognition - new marketplace (https://www.allcoin.com/vote/#TEK others?), new announcements, twitter and facebook presence
- have a trading plan favouring regular small sales (25% of stake every month)

25% only if you dont insta dump them.
Right, this is the part I don't know how to handle still. What is a  reasonable price to place sell order at? Just below lower sell, other? How many sell orders, one big one, several small ones, etc...

Monero: the first crytocurrency to bring bank secrecy and net neutrality to the blockchain.HyperStake: pushing the limits of staking.
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July 05, 2014, 04:52:13 PM
 #1108

This is why it is important to:
- increase TEK recognition - new marketplace (https://www.allcoin.com/vote/#TEK others?), new announcements, twitter and facebook presence
- have a trading plan favouring regular small sales (25% of stake every month)

25% only if you dont insta dump them.
Right, this is the part I don't know how to handle still. What is a  reasonable price to place sell order at? Just below lower sell, other? How many sell orders, one big one, several small ones, etc...
That's probably because there is no right answer to that. It depends on your agenda, needs and level of patience.
I normally ... meh that would be telling  Cheesy
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July 05, 2014, 06:39:05 PM
 #1109

The big issue still is and will be is the light volume with the coin.

Right, TEK lacks liquidity because of it's design.

As a trader in illiquid NYSE stocks for 20 years...
Liquidity is provided by market makers, pro traders, and their bots...
Liquidity is TAKEN by investors.

For me to provide liquidity for TEK...
I would have to park 1000s of coins on Crypsty... and never stake...
Even though the real spread excluding micro orders is massive 10-20% or more...
So trading TEK is very profitable... but overall not worth it.

To enjoy liquidity the high-stake coins must be redesigned...
But that's so obvious... that maybe staking and liquidity is not the point of all this.
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July 05, 2014, 07:14:22 PM
 #1110

The big issue still is and will be is the light volume with the coin.

Right, TEK lacks liquidity because of it's design.

As a trader in illiquid NYSE stocks for 20 years...
Liquidity is provided by market makers, pro traders, and their bots...
Liquidity is TAKEN by investors.

For me to provide liquidity for TEK...
I would have to park 1000s of coins on Crypsty... and never stake...
Even though the real spread excluding micro orders is massive 10-20% or more...
So trading TEK is very profitable... but overall not worth it.

To enjoy liquidity the high-stake coins must be redesigned...
But that's so obvious... that maybe staking and liquidity is not the point of all this.

Smart stuff, maybe we could all set up a bot and chip in and make it trade daily? Increase da volumeeeeeee.

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July 05, 2014, 08:19:41 PM
 #1111

The big issue still is and will be is the light volume with the coin.

Right, TEK lacks liquidity because of it's design.

As a trader in illiquid NYSE stocks for 20 years...
Liquidity is provided by market makers, pro traders, and their bots...
Liquidity is TAKEN by investors.

For me to provide liquidity for TEK...
I would have to park 1000s of coins on Crypsty... and never stake...
Even though the real spread excluding micro orders is massive 10-20% or more...
So trading TEK is very profitable... but overall not worth it.

To enjoy liquidity the high-stake coins must be redesigned...
But that's so obvious... that maybe staking and liquidity is not the point of all this.

Smart stuff, maybe we could all set up a bot and chip in and make it trade daily? Increase da volumeeeeeee.

I like that idea.  Smiley
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July 05, 2014, 10:52:48 PM
 #1112

The big issue still is and will be is the light volume with the coin.

Right, TEK lacks liquidity because of it's design.

As a trader in illiquid NYSE stocks for 20 years...
Liquidity is provided by market makers, pro traders, and their bots...
Liquidity is TAKEN by investors.

For me to provide liquidity for TEK...
I would have to park 1000s of coins on Crypsty... and never stake...
Even though the real spread excluding micro orders is massive 10-20% or more...
So trading TEK is very profitable... but overall not worth it.

To enjoy liquidity the high-stake coins must be redesigned...
But that's so obvious... that maybe staking and liquidity is not the point of all this.

Smart stuff, maybe we could all set up a bot and chip in and make it trade daily? Increase da volumeeeeeee.

I like that idea.  Smiley
I do too. But this would require some coding.

Monero: the first crytocurrency to bring bank secrecy and net neutrality to the blockchain.HyperStake: pushing the limits of staking.
Reputation threadFree bitcoins: reviews, hints…: freebitco.in, freedoge.co.in, qoinpro
armin22
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July 05, 2014, 10:54:15 PM
 #1113

The big issue still is and will be is the light volume with the coin.

Right, TEK lacks liquidity because of it's design.

As a trader in illiquid NYSE stocks for 20 years...
Liquidity is provided by market makers, pro traders, and their bots...
Liquidity is TAKEN by investors.

For me to provide liquidity for TEK...
I would have to park 1000s of coins on Crypsty... and never stake...
Even though the real spread excluding micro orders is massive 10-20% or more...
So trading TEK is very profitable... but overall not worth it.

To enjoy liquidity the high-stake coins must be redesigned...
But that's so obvious... that maybe staking and liquidity is not the point of all this.

Smart stuff, maybe we could all set up a bot and chip in and make it trade daily? Increase da volumeeeeeee.

I like that idea.  Smiley
I do too. But this would require some coding.

1: Buy a bot

2: Huh

3: PROFIT

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July 05, 2014, 11:26:33 PM
 #1114

The big issue still is and will be is the light volume with the coin.

Right, TEK lacks liquidity because of it's design.

As a trader in illiquid NYSE stocks for 20 years...
Liquidity is provided by market makers, pro traders, and their bots...
Liquidity is TAKEN by investors.

For me to provide liquidity for TEK...
I would have to park 1000s of coins on Crypsty... and never stake...
Even though the real spread excluding micro orders is massive 10-20% or more...
So trading TEK is very profitable... but overall not worth it.

To enjoy liquidity the high-stake coins must be redesigned...
But that's so obvious... that maybe staking and liquidity is not the point of all this.
Could a "pool of whales" act as benevolent market makers? I understand nothing about market making but if I have a good teacher and I can help TEK this way, I am ready to volunteer (I have several thousands TEK, although I am not willing to sell them all, only 25% of my stake every month).

Monero: the first crytocurrency to bring bank secrecy and net neutrality to the blockchain.HyperStake: pushing the limits of staking.
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July 06, 2014, 03:40:21 AM
 #1115

I am expecting my first stake in a couple of days so what do I need to do? Hubby has been syncing my wallet every couple of days so when it is the stake day do I need to do anything else except leave it open?

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July 06, 2014, 03:44:23 AM
 #1116

I am expecting my first stake in a couple of days so what do I need to do? Hubby has been syncing my wallet every couple of days so when it is the stake day do I need to do anything else except leave it open?

You might get it late.  Mine took 3 days extra to stake.

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July 06, 2014, 05:06:39 AM
 #1117

I am expecting my first stake in a couple of days so what do I need to do? Hubby has been syncing my wallet every couple of days so when it is the stake day do I need to do anything else except leave it open?

You might get it late.  Mine took 3 days extra to stake.

As you get to the maturity date, you need to leave the wallet open and unlocked until it stakes and confirms.

Do you have coin control enabled? If so you can see the maturity date (well, calculate it) in the coin control window. You can keep it offline till just a bit before it is due to stake without consequence.

Buy Bitcoins with Paypal, Credit card, or other methods. Send me a PM or a text to 208-451-2665.
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July 06, 2014, 06:08:52 PM
 #1118

I've talked with presstab. What he told me is really concerning. But contrary to him, I believe TEK can be saved. Here's how:

- Should a "certain event" happen, don't panic sell. Remember this in the months to come.
- Sell 25% of your staking every month (this holds true to any high-PoS, not just TEK).
- Do whatever you can to get TEK get more widespread. The more widespread, the less sensible it will be to what I heard


So this "event" was based on the upcoming announcement of the HYPR coin or just that fact that a massive dump was about to take place? In any event, this price drop is very significant. I feel for new investors who are losing their shirts over the past two weeks.

TEK is a great coin. I hope the greed of a few doesn't destroy it for others.
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July 06, 2014, 06:21:16 PM
 #1119

We are TEK coin, We are here to stay!  TEK is functioning as it should, simple supply and demand economics, holders of TEK will not sell until their tipping point value per coin is reached which exceeds their perception of the value of staking, until then TEK will be scarce on the exchange, Volume of Trades is not the be all and end all of a coins value (after all there are only approx 1.5million coins at this time)
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July 06, 2014, 06:24:54 PM
 #1120

I've talked with presstab. What he told me is really concerning. But contrary to him, I believe TEK can be saved. Here's how:

- Should a "certain event" happen, don't panic sell. Remember this in the months to come.
- Sell 25% of your staking every month (this holds true to any high-PoS, not just TEK).
- Do whatever you can to get TEK get more widespread. The more widespread, the less sensible it will be to what I heard


So this "event" was based on the upcoming announcement of the HYPR coin or just that fact that a massive dump was about to take place? In any event, this price drop is very significant. I feel for new investors who are losing their shirts over the past two weeks.

TEK is a great coin. I hope the greed of a few doesn't destroy it for others.

Can't say it much better.. i am holding a huge amount of TEK but i would never dump my Coins like a few do, because it is just hurting the Coin. Just be more patient...
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