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Author Topic: [TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico  (Read 444162 times)
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kiklo
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September 04, 2016, 11:30:06 PM
 #5941

I would gladly pay poker with my extra TEK. also any bootstrap around guys?

Kiklo's Premium Blockchain Snapshot Service  

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September 05, 2016, 01:12:38 AM
 #5942

...except the price has been on a historic landslide, along with the rest of the Altcoins that have no purpose.

Way open to suggestions here.

Well, to state the obvious with a 1 sat trade today.


Well, I'm back to check on things after about a 6 month hiatus, and I see that things have progressed exactly as I predicted. Yes, I flipped a good portion of my TEK @ 3000 back then and made a killing. But I still have about a mil, for nostalgia I suppose. Anyway, I'm not here to brag or gloat but to offer a suggestion as a last ditch attempt to save this coin, since the community is dwindling fast.

Here's some reality: All new investments are going to coins with anonymity, side chains, smart contracts, and utility platforms. TEK doesn't offer anything more than 500 other coins except hyperinflation, which is now killing it. If nothing happens for a year, and assuming anyone's still interested and staking, there will be trillions of TEKcoins -- basically worthless. No amount of dice or poker is going to absorb that. And it's not just TEK, it's all high-stake coins that are dying. It's just not an attractive model anymore.

If anyone cares about saving this community, you need to change things, NOW! Maybe something radical is needed like a coin merge with other high-stake coins. Or simply a hardfork and coin exchange. Do a 100-1 coin swap. That will give you 5 mil total supply, and reduce stake to 4% to prevent runaway inflation. To compensate for super-stake, add some features like anonymity, smart contracts, or in-wallet chat, something to give the coin some new, interesting features. And when you do the coin swap, skim off a percentage and bribe your way on to Bittrex. No coin will ever survive on that pathetic Cryptopia exchange. You need an exchange with at least 1000 BTC daily volume or forget it.

I don't say this out of malice but genuine concern for bagholders. This high-stake model was always going to be most beneficial to early adopters who had plenty of coins to stake and dump before inflation beat the price down. Hyperinflation is never sustainable; we have history to confirm that. And now, we've hit bottom at 1 satoshi. Rather then cry about it, why not pool together and reboot this coin into something new and interesting. The great thing about open-source is there's plenty of code to adopt.

These are likely my final words on the subject. Because if nothing is changed, I predict there won't be anybody here in another 6 months to listen to another rant of mine. Good day.

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September 05, 2016, 11:28:13 AM
Last edit: September 05, 2016, 12:28:46 PM by Enema
 #5943

Don't bother posting suggestions.
Coin swap/split and new POS scheme have been suggested many times, like a year ago.
Big Toe does not reply or comment as usual, and that's the main reason why TEK is pretty much dead.

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September 05, 2016, 01:00:34 PM
 #5944

Guys what about for new life for TEK , NEW Design , New logo and more  ,new wallet ,  I can do for free

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September 05, 2016, 06:18:08 PM
 #5945


... I don't say this out of malice but genuine concern for bagholders. This high-stake model was always going to be most beneficial to early adopters who had plenty of coins to stake and dump before inflation beat the price down. Hyperinflation is never sustainable; we have history to confirm that. And now, we've hit bottom at 1 satoshi. Rather then cry about it, why not pool together and reboot this coin into something new and interesting. The great thing about open-source is there's plenty of code to adopt.


Man, ... what about my diligence? My patience all this time? All for nothing?

Nah, it still has been an interesting thing for me doing what I did. All a learning experience, so I will not complain. I'll keep going for nostalgia reasons. lol. Maybe not too much Viva for compounding interest....haha.



Guys, after my stake this time around, (and only at lil bit above 19%), for the first time I'm kinda getting that early 'hockey stick graph' feeling of upwards thrust. It's really quite exciting since I have built up my TEK slowly and only interjecting small amounts (that I've bought off exchange at those times I was getting a little impatient with the staking results) cause I wanted to have this very feeling I'm having now, you know that excitement that you worked diligently and patiently waiting, staking, waiting, staking and  seeing your balance increase... very small at first, looking at a flat lined graph for a long time, and only a couple TEK but keeping at it you know. Haha this feeling is priceless, and its only the beginning of my 'hockey stick curvature'  Cheesy   Viva compounding interest!  Grin


FREEDOM
a_cat_named_joe
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September 06, 2016, 01:47:05 PM
 #5946

Guys what about for new life for TEK , NEW Design , New logo and more  ,new wallet ,  I can do for free

Those are just cosmetics that we don't really need. How about a mobile wallet? Now that would be something!
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September 06, 2016, 03:21:32 PM
Last edit: September 30, 2016, 04:21:23 AM by helipotte
 #5947

I think inflation control is #1 priority.  The 100 to 1 reduction in existing coins mentioned a few posts up is a great idea.  I hold a great deal of Tekcoin and was one of the first to mine it, but would support this decision.   Maybe a hard fork is needed. Smiley
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September 07, 2016, 10:21:10 AM
 #5948

I think inflation control is #1 priority.  The 100 to 1 reduction in existing coins mentioned a few posts up is a great idea.  I hold a great deal of Tekcoin and was one of the first to mine it, but would

support this decision.   Maybe a hard fork is needed. Smiley

I'd agree that inflation is a priority before it gets out of hand. Difficulty, currently puts some break on inflation, ...  but I'd like to see inflation linked to the coin supply.
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September 10, 2016, 05:20:27 AM
 #5949

Beware of Yobit windrawal not works properly, i three days message transfer for cold storage, ticket is without reply  Huh
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September 11, 2016, 12:20:36 AM
 #5950

Beware of Yobit windrawal not works properly, i three days message transfer for cold storage, ticket is without reply  Huh

Please do not use Yobit not work withdraw TEK , cryptopia works fine , soon coming new Design for tek LOGO,Wallet nad more please watching Smiley

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September 11, 2016, 01:34:35 AM
 #5951

Beware of Yobit windrawal not works properly, i three days message transfer for cold storage, ticket is without reply  Huh

Please do not use Yobit not work withdraw TEK , cryptopia works fine , soon coming new Design for tek LOGO,Wallet nad more please watching Smiley

I found the same when trying to withdraw TEK from Yobit.

On the wallet front ... a lite, mobile TEKcoin wallet, please!!! Same too for HoboNickels!   Smiley
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September 17, 2016, 02:25:19 PM
 #5952

Dead ?

pazor_true
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September 17, 2016, 04:24:20 PM
 #5953

my TEK wallet works and stakes continously like a clockwork
got 16 peer connections

and i am looking for a working TEK mining pool

BTC 12jiBjT2GSWYk2HwYdPqsQMuLqZ1br9D37
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September 17, 2016, 05:02:37 PM
 #5954

and i am looking for a working TEK mining pool
http://pool.e-waluty.net.pl
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September 17, 2016, 05:29:15 PM
 #5955


http://ispace.co.uk/
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September 18, 2016, 02:21:30 PM
 #5956

Not to rain on anyones parade as I bake and stake a few tek myself fer shitz n giggles,
(the monthly pop-up bell ring is kinda like when you spot a shiney nickel on the sidewalk....well for me anyway)
but I have to wonder at 1440 max coins a day (if one were to mine every possible block, i.e all 8 cents worth)
 is it actually worth mining?

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September 21, 2016, 01:20:27 PM
 #5957

Soon we will be trading for doge , lol . My last fight for this coin , making a buy wall , hope it helps

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September 26, 2016, 11:17:21 AM
 #5958

Calling control center , this is tekcoin , over .
We have loss engine power , spinning out of control .
Oh crab

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September 27, 2016, 12:58:06 AM
 #5959

Wow biggest dump I have seen . All hell broke lose . Take a deep breath , have some coffee . Than come back to see again

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September 27, 2016, 11:40:00 AM
 #5960

Is this the end drop from 8 sats to 5 sats in a day! Looking for Ltc counter or doge?

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