rocoro
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Activity: 938
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December 06, 2016, 06:41:02 PM |
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Why does it need to have 200% per year interest.
I don't think it actually is, if you factor in the difficulty. Which is indirectly acting as inflation control. |
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zef316
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December 06, 2016, 06:46:54 PM |
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Well i have noticed that the promo is running on bitcoingarden.tk/forum about this coin and they are giving some coins if you will vote for the same on tradesatoshi, so if you are looking for some free truck then rush there.
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peace_river
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Activity: 10
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December 06, 2016, 07:45:18 PM
Last edit: December 07, 2016, 02:21:30 PM by peace_river |
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Thanks for your help rocoro, synthgauge
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igigme77
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December 06, 2016, 11:38:27 PM |
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Why does it need to have 200% per year interest.
I don't think it actually is, if you factor in the difficulty. Which is indirectly acting as inflation control. So what's the actual POS rate yearly. Does anyone have a real idea or are we all just guessing? |
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presstab
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Activity: 1330
Merit: 1000
Blockchain Developer
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December 06, 2016, 11:42:16 PM |
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Why does it need to have 200% per year interest.
I don't think it actually is, if you factor in the difficulty. Which is indirectly acting as inflation control. So what's the actual POS rate yearly. Does anyone have a real idea or are we all just guessing? Around 150% http://www.presstab.pw/phpexplorer/TRK/ |
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igigme77
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December 07, 2016, 12:14:46 AM |
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Why does it need to have 200% per year interest.
I don't think it actually is, if you factor in the difficulty. Which is indirectly acting as inflation control. So what's the actual POS rate yearly. Does anyone have a real idea or are we all just guessing? Around 150% http://www.presstab.pw/phpexplorer/TRK/That's too much. How can it build value with so many new coins being mined every day. I cant even do the math on how much new money needs to come in daily to keep this a float. Must be a lot though. |
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freebitcoins4u
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December 07, 2016, 08:13:56 AM |
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Why does it need to have 200% per year interest.
I don't think it actually is, if you factor in the difficulty. Which is indirectly acting as inflation control. So what's the actual POS rate yearly. Does anyone have a real idea or are we all just guessing? it cant build too much value, this is why the coin went from 100 sat to 50 sat. every pos coin start with high value and as everyone stake them the value is going down. Around 150% http://www.presstab.pw/phpexplorer/TRK/That's too much. How can it build value with so many new coins being mined every day. I cant even do the math on how much new money needs to come in daily to keep this a float. Must be a lot though. |
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rocoro
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Activity: 938
Merit: 1000
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December 07, 2016, 02:25:19 PM |
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Why does it need to have 200% per year interest.
I don't think it actually is, if you factor in the difficulty. Which is indirectly acting as inflation control. So what's the actual POS rate yearly. Does anyone have a real idea or are we all just guessing? Around 150% http://www.presstab.pw/phpexplorer/TRK/That's too much. How can it build value with so many new coins being mined every day. I cant even do the math on how much new money needs to come in daily to keep this a float. Must be a lot though. Looks about 144% .. plus difficulty is in a slow rise, so it will be less as difficulty grows. I don't think its bad compared to many other high interest POS coins out there. |
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igigme77
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December 08, 2016, 08:18:31 PM |
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Why does it need to have 200% per year interest.
I don't think it actually is, if you factor in the difficulty. Which is indirectly acting as inflation control. So what's the actual POS rate yearly. Does anyone have a real idea or are we all just guessing? Around 150% http://www.presstab.pw/phpexplorer/TRK/That's too much. How can it build value with so many new coins being mined every day. I cant even do the math on how much new money needs to come in daily to keep this a float. Must be a lot though. Looks about 144% .. plus difficulty is in a slow rise, so it will be less as difficulty grows. I don't think its bad compared to many other high interest POS coins out there. I think all high interest pos coins need to die. This is not Zimbabwe, this is internet crypto. Let's get real and only support legit coins with a decent pos. Nothing over then 10% should be supported. |
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rocoro
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Activity: 938
Merit: 1000
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December 08, 2016, 09:52:15 PM |
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on 9 dec trk coin is going to be delisted from bitterex......................
Bittrex without notice changed their minimum limit volume requirements to .5 btc a day. It had been recently changed from .2 to .3btc limit. I wrote to Bittrex the last time Truck got this notice regarding the value of Truckcoin. I explained that the actual success of the coin, which is that it works without glitches to produce between 178% to 200% interest a year, which stimulates our hoarding instincts, results in low trading volumes. I encouraged the Bittrex team to have patience with this type of high interest pos coin until the public/investors/bagholders understand more about the type of coin that Truck is and how to balance the need to trade/liquidate some coins while building a powerful principal. I think that because of some promoting/networking I did plus the increased activity the notice created, the Truck volume jumped right away and to my knowledge has been meeting the .3 btc daily requirement ever since. I was surprised to see that notice again and now have discovered that just 2 days ago they changed the minimum daily trading volume to .5btc! So really that seems like zero notice and zero time to respond before a delist notice pops up. This problem can be easily solved in the short term if a hundred or so of the Truck community would commit to a 5 dollar a day purchase of Truck or selling off 5 dollars of principal or some combination of buying and selling of an equal amount. If 500 Truck owners worked together then it would take less than a dollar a day to meet the Bittrex requirements. Another option is to start trading at https://www.cryptopia.co.nz where there is no volume requirements, let Truckcoin volumes continue to grow and grow and then Bittrex and other big exchanges will WANT to have Truck on their exchanges. It is my hope though that the Bittrex team will see that Truck has huge potential and will work with the Truck community to help make Truck a very successful and profitable coin. I have emailed Bill at Bittrex again encouraging him and the Bittrex team to continue trading Truckcoin rather or not Truck meets their minimum requirement every day, as a quick look at the Truck trading volume charts will confirm a steady volume growth of Truck with indications of a long term upward trend with a powerful break out potential. HAVE NO FEAR. Truckcoin can't be stopped. Remember that with or without Bittrex or any exchange Truck STILL EXIST, still functions, still produces staking interest every day, in YOUR wallet, on YOUR computer, exchange or no exchange!!!. There will always be an exchange sooner or later to trade on. And remember also exchanges come and go too so don't be attached to ANY exchange. The important things are this: Only bad code and dishonest devs can stop a coin and Truck has both a well coded coin and a very honest dev and great staking returns!!! So Keep on Truckin and when the prices are low Keep On Buying (and trading a little too). Great insight tevasu !! Keep on Truckin' !!!! |
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bitmaster1x
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CRYPTO-CITY.COM 🌟 Communities
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December 09, 2016, 07:07:36 AM
Last edit: December 09, 2016, 07:54:31 AM by bitmaster1x |
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on 9 dec trk coin is going to be delisted from bitterex......................
Bittrex without notice changed their minimum limit volume requirements to .5 btc a day. Bittrex & Polo doesn't give a crap about the coin, all they care about is anything that has volume. Volume = fees, even if it is garbage. If TRK does gets de-listed from Bittrex, then the liquidity will disappear and will likely trade in the single digits with very low if any volume on the remaining smaller exchanges. Same as HYP. I've said the same thing about HYP, but people seem not to understand the importance of trading. Without the "trade" the coin does not derive any monetary value since it is not really used for anything else. So people that only stake needs to learn that staking by itself produces Zero Value monetarily. The monetary value of the coin is derived from trades on the exchanges, so always set aside a portion specifically for trading 24/7 while the rest are staking. |
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rocoro
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December 09, 2016, 01:11:05 PM
Last edit: December 09, 2016, 01:47:46 PM by rocoro |
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Without the "trade" the coin does not derive any monetary value since it is not really used for anything else. So people that only stake needs to learn that staking by itself produces Zero Value monetarily.
It doesn't have to be just trade (not just coin to coin, usually currency can also be used to buy things), and also its just the value on these exchanges. Doesn't mean in the future it won't have any other use and that other (types) of exchanges won't exist. Cynicism, non-speculative thought, close mindedness leads only to loss of opportunities. If you don't like the coin - what are you doing here? |
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rocoro
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December 09, 2016, 01:24:46 PM |
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bitmaster1x
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December 09, 2016, 07:40:31 PM |
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Without the "trade" the coin does not derive any monetary value since it is not really used for anything else. So people that only stake needs to learn that staking by itself produces Zero Value monetarily.
It doesn't have to be just trade (not just coin to coin, usually currency can also be used to buy things), and also its just the value on these exchanges. Doesn't mean in the future it won't have any other use and that other (types) of exchanges won't exist. Cynicism, non-speculative thought, close mindedness leads only to loss of opportunities. If you don't like the coin - what are you doing here? I believe you are smarter than what you've just said.... unless you think I'm wrong. |
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rocoro
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December 12, 2016, 05:08:48 AM |
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Again, I ask this question (and not just to Mr. Crypto-Shitty) If you don't like this coin, what are you doing here? You just want to pick up cheaper Truck, is the only reason I can think of.  |
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jojotequila11
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Activity: 70
Merit: 10
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December 23, 2016, 03:45:29 PM |
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EBK1000
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Activity: 1148
Merit: 1000
A Wound in Eternity
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December 24, 2016, 10:47:48 PM |
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Coinitrage.com Arbitrage Firm now accepts TRK! Live chat support is now available on-site to TRK users, or forum support is also available on our BitcoinTalk ANN: https://bitcointalk.org/index.php?topic=1725963.0Please note that while we offer services with TRK, we are not directly affiliated with the developers of the coin. Please read our Terms of Service before using the Coinitrage Arbitrage Platform!
Just to make you aware, this is a scam site, do not use!! |
Soooooooon...............
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