[ANN][TAC] TalkCoin

[loonb]

Guys, that was pump or dumping now?

[deathmul]

That was nothink special. Later price will explode

[Breasal]

Finally good to see a coin get the pump and investments it deserves. Bound to fall before exploding. The added feature and wallet have not even been released!

TAC is innovative across the board: from newly introduced POW algo, miner and features...the perfect scenario for a DRK scenario re-run!!!  

Hodl and buckle in. We are going to go for a ride

[chopper873]

That was nothink special. Later price will explode

How long do you think it will take for the price to explode?

[deathmul]

That was nothink special. Later price will explode

How long do you think it will take for the price to explode?

Give TAC couple of days. In the end of June TalkCoin team will release new wallet with new, really unique features.
For now, I recommend to buy some TAC

[Dimelord]

Great... another one of my ideas stolen 

[TalkTeam]

I think there's a misunderstanding in terms of total supply for this coin.. I think there should be more clarification, as there's only ~4mil at the moment.

and in my opinion, this coin should've started at ~10k and should be trading at 15k-20k.

Usually cryptos can estimate total supply because they implement a block reward reduction algorithm that just reduces coins to zero within a time limit, aka the supply curve.

In Talkcoin the market decides the block reward so its up to you and the other Talkcoin users what the supply curve will be.

Some people have suggested this will mean TAC supply increases exponentially as miners vote for high rewards and others say the supply will dry up as investors vote for lowest reward.

But neither of these is likely as they would hurt all TAC users in the long run, so in reality the market can adjust the supply to whats right at that time with the current demand and price which makes us more viable long term.

To illustrate this, voting is done by TAC holders (investors) and miners....If investors vote for a too low reward, mining drops as its less profitble which hurts the network and lowers demand (and therefore price). If miners vote for too high a reward, too many coins will enter circulation and the price will drop too. Therefore investors and miners have to balance supply to both be profitable.

Currencies need good decision making on their supply, depending on the use and growth of the currency.  We implemented this system because we think the TAC market is going to be better at making decisions than an algorithm written before the coin launched.

When comparing Talkcoin to other cryptos with fixed supplies, remember our market is free to implement any supply curve we want from any of the other cryptos through the voting system.  So if the market wants a hard cap it can implement this by voting for it.  We just don't set a restriction now on what the best supply curve is going to be like other coins, therefore we can't set a figure for something controlled by the market.

So I encourage everyone to vote for the block reward they want at that time.  The more people who vote for the actual block reward they want (and not try to second guess other people) the better the results as we will be.

[deathmul]

At this moment there is only 4,806,091.54 TAC !
Source:http://tac.dwarfchain.com/

[yellowduck2]

chatting cost need to change. More people will chat if it only cost 0.01 TAC

[crypt0xx]

I think there's a misunderstanding in terms of total supply for this coin.. I think there should be more clarification, as there's only ~4mil at the moment.

and in my opinion, this coin should've started at ~10k and should be trading at 15k-20k.

To illustrate this, voting is done by TAC holders (investors) and miners....If investors vote for a too low reward, mining drops as its less profitble which hurts the network and lowers demand (and therefore price). If miners vote for too high a reward, too many coins will enter circulation and the price will drop too. Therefore investors and miners have to balance supply to both be profitable.

TAC investors and holders definitely want to see lowers reward and demand increases as more updates and innovations occur so demand wont lower and as TalkTeam mentioned too many coins and the price will drop, I know a few investors who havent invested yet cause of this, everyone should vote lower reward.

[yellowduck2]

I think there's a misunderstanding in terms of total supply for this coin.. I think there should be more clarification, as there's only ~4mil at the moment.

and in my opinion, this coin should've started at ~10k and should be trading at 15k-20k.

To illustrate this, voting is done by TAC holders (investors) and miners....If investors vote for a too low reward, mining drops as its less profitble which hurts the network and lowers demand (and therefore price). If miners vote for too high a reward, too many coins will enter circulation and the price will drop too. Therefore investors and miners have to balance supply to both be profitable.

TAC investors and holders definitely want to see lowers reward and demand increases as more updates and innovations occur so demand wont lower and as TalkTeam mentioned too many coins and the price will drop, I know a few investors who havent invested yet cause of this, everyone should vote lower reward.

u are wrong.

Current reward is more than previous reward of 6 and 20. Look at the price now.

Increase reward doesn't mean lower price and lower reward doesn't mean higher price. Coin reward is only part of it. The main factor is still whether there are any whales buying this coin.

[Amph]

I think there's a misunderstanding in terms of total supply for this coin.. I think there should be more clarification, as there's only ~4mil at the moment.

and in my opinion, this coin should've started at ~10k and should be trading at 15k-20k.

To illustrate this, voting is done by TAC holders (investors) and miners....If investors vote for a too low reward, mining drops as its less profitble which hurts the network and lowers demand (and therefore price). If miners vote for too high a reward, too many coins will enter circulation and the price will drop too. Therefore investors and miners have to balance supply to both be profitable.

TAC investors and holders definitely want to see lowers reward and demand increases as more updates and innovations occur so demand wont lower and as TalkTeam mentioned too many coins and the price will drop, I know a few investors who havent invested yet cause of this, everyone should vote lower reward.

this is the same as heavycoin, and we know what happened to that coin..

i don't like that decentralized vote system

[crypt0xx]

I think there's a misunderstanding in terms of total supply for this coin.. I think there should be more clarification, as there's only ~4mil at the moment.

and in my opinion, this coin should've started at ~10k and should be trading at 15k-20k.

To illustrate this, voting is done by TAC holders (investors) and miners....If investors vote for a too low reward, mining drops as its less profitble which hurts the network and lowers demand (and therefore price). If miners vote for too high a reward, too many coins will enter circulation and the price will drop too. Therefore investors and miners have to balance supply to both be profitable.

TAC investors and holders definitely want to see lowers reward and demand increases as more updates and innovations occur so demand wont lower and as TalkTeam mentioned too many coins and the price will drop, I know a few investors who havent invested yet cause of this, everyone should vote lower reward.

u are wrong.

Current reward is more than previous reward of 6 and 20. Look at the price now.

Increase reward doesn't mean lower price and lower reward doesn't mean higher price. Coin reward is only part of it. The main factor is still whether there are any whales buying this coin.

TalkTeam knows what its talking about, more will buy with lower rewards

[yellowduck2]

I think there's a misunderstanding in terms of total supply for this coin.. I think there should be more clarification, as there's only ~4mil at the moment.

and in my opinion, this coin should've started at ~10k and should be trading at 15k-20k.

To illustrate this, voting is done by TAC holders (investors) and miners....If investors vote for a too low reward, mining drops as its less profitble which hurts the network and lowers demand (and therefore price). If miners vote for too high a reward, too many coins will enter circulation and the price will drop too. Therefore investors and miners have to balance supply to both be profitable.

TAC investors and holders definitely want to see lowers reward and demand increases as more updates and innovations occur so demand wont lower and as TalkTeam mentioned too many coins and the price will drop, I know a few investors who havent invested yet cause of this, everyone should vote lower reward.

this is the same as heavycoin, and we know what happened to that coin..

i don't like that decentralized vote system

up coming changes will be +/- 10% reward. That should minimize the impact and still keep the voting part which is fun. It's like waiting for lottery result.

Heavycoin failed, but that doesn't mean talk coin will. Heavycoin only feature is voting but talk coin feature more than just voting. Voting is only part of it.

[snakegi]

A new set of tools for cryptocurrencies.
TalkCoin added to voting page!




- Multi Platform Responsive Website
- Online Wallet
- Fair Exchange
- Block Explorer
- Portfolio Value

Join our Low Fee Promo Group!
More info here: https://bitcointalk.org/index.php?topic=487854.0

[yellowduck2]

@TalkTeam , possible to implement

1. tip bot on talk coin chat channel ?

2. file sharing on talk coin ? Maybe wallet auto compress the file, encrypt the file , attached to block chain , receiver download and wallet will auto decompress the file. File should have size limit. File sharing should cost maybe 1-10 TAC to prevent spamming or maybe cost to file share will be based on size of file. Bigger size file will cost more TAC. File compression method should be able to compress file size and reduce it by more than 90% so that blockchain wouldn't become too big. With file compression and cost of TAC to file share , it shouldn't bloat the blockchain too much.

Talk coin will be the first to implement file sharing on blockchain and possibly archive files on blockchain since once attached it cant be remove.

Since there is no coin supply cap for talk coin, the focus should be implementing more ways to burn TAC on wallet, like voting and chatting.

If there are more features like those mention above , 1 TAC = $1 ?

[MaxOnBit]

chatting cost need to change. More people will chat if it only cost 0.01 TAC

+1
1 TAC for message too much. At least 0.1 TAC.

[Bombadil]

chatting cost need to change. More people will chat if it only cost 0.01 TAC

+1
1 TAC for message too much. At least 0.1 TAC.

Make it possible to vote for the chat fee too?

[yang5034]

the chat address ：TbU1X3qTcQfGmnvx1dHr1251z9JiviBGC6 and vote address： TtD46zZh1TKj3BZdxKkKsrc2Pq7L9jMAqw owned by the dev.and goes to the address：Tms1BhmGJy1EiPsifhq6sr8egMNi2KgqGY.i think it should goes to a burn address like SfSTALKCOINMainNetworkBurnAddr1DeTK5.no one should own the chat and vote coins.or  it is unfair.

[loonb]

Devy-dev, i sronkly reccomend to add pwr consumption picture to the first page. That is our joker. Do it please faster. Also, i have a conversations about creating new better logo. I will not promise, but will try. And will pay for it my own TAC.

pst... cosumption picture...