Topic: [ANN] TagCoin - Multi Token Wallet and Trading Platform - page 32. (Read 301277 times)

Thanks for the support, Dabs!

You're the man, mate!

-Fuse

Beat me to it!

Greetings TAG mining community!

It's been a roller coaster of a week... hell, a roller coaster of a couple of months.  I've been there with you watching as prices have gone up and down, fighting through the orphans, and trying to keep everyone from completely giving up on TAG.  I'll admit that after last weekend I was pissed.  I felt like I was ready to give up, and I announced that I would be closing down Tagmining for good.

Then things turned around a little.  Mark admitted that he's been absent from the community here, and he was going to make it a priority to keep this community involved.  While mining Tagcoin might not be huge piece of the overall vision of the TAG empire, it's the portion of the business miners can really get behind until the widespread adoption of TAG as a global rewards system.  And while some of us have put effort into spreading the word of TAG, sometimes the only thing some of us can do is mine and support the strength and stability of the blockchain.  There are definitely two sides to the business, and I think Mark and the TAG team now see the value of a strong mining community.  This is evident by the introduction of Alex(@SisyphusEsperanto) to help keep the community in the loop.  From pool ops, to miners, to day traders, and yes... even the hoarders, we all play a piece in the future of TAG.

Over the last week or so, I have been in communication with Mark via PM and email to discuss how things can change for the better in the community.  We've talked about how we can get TAG back on top by making it a stable coin with an even stronger mining base once again.  So we came up with something, and I hope it really helps spark some interest in miners again to come back to TAG, and make this the community that it can be.

So without further ado:

I'm pleased to announce that tagmining.com will be the official pool for TAG. Fuse will be making the main announcement with more details shortly.

china  Major pool  tag.botpool.com

HELLO TAGBOND      i  had said to you ...           i am V5 group in china    like you said   we want TAG go crazy   i know waht you said

i know  you want  TAGcoin can be use on the internet       we want it too!!   

and  i can  creat the forums and sites of  chinese version        i want have chat with you   on Instant messaging soft   suck like  Skyp
or QQ (china msn  have internetional version)      do you have Interesting???

They are.  However, if you look at their hash power lately(66MH right now), it's not producing the coins per day that we're seeing being traded on BTC38.

-Fuse

yep I think so

Isnt botpool Chinese?? 

I don't know if it's the perception of the coin being private, or the network majority.  I mean, I'd sure like to know where all the coins moving in China are coming from.  There has to be a Chinese pool we just don't know about, or some really serious private miners somewhere in the world.  But the fact that the overwhelming majority of TAG trading is on BTC38(for Yuan) tells me the hashing power is in China.

+1 to the API... I wish I was better at code, because I would be all over that.

http://www.amazon.com/Rosetta-Stone-Chinese-Mandarin-Level/dp/1608299627/ref=sr_1_16?ie=UTF8&qid=1394253441&sr=8-16&keywords=learn+mandarin  -  Sign me up!

Seriously, though... a Chinese delegate would do wonders to finding out what's going on over there with TAG.  Maybe a bounty is in order?

-Fuse

Interesting  to note that the Chinese think TAG is a privately rigged coin - I suppose in some ways it has some characteristics of a private coin, in that we are the only ones that are creating the infrastructure to use it but there is nothing to stop anyone else using that via our api etc to do their own thing. And rigged?..rigged to do what exactly?..lol...we all have the same aim, to increase value but the code is open for everyone to see, how can it be rigged. But I guess public perception is always different to facts. Anyone here who is Chinese want to represent TAG in Chinese forums and sites?..

Dabs and Vesperwillow have been able to calculate an approximate hash rate based on difficulty.  How close that approximation is can be argued, but I'd say it's the best shot we have at guessing it.

The thing is, even with the total hash rate known, it doesn't change the fact that there is some trading magic going on in China that makes TAG an amazing trading option even though it isn't here.  I wish I knew what it was.  I'm guessing some smarter financial minds here could do a walk-through of the trading possibilities.

-Fuse

Great link for the price watch thanks..

Can't believe I just said they are not mining them...DOH! How stupid is that.


The point was, if we can't know the TRUE total net hash and have some public accountability the coin is moot.

If they're not mining it, how are they getting it?  They aren't buying it on other exchanges.... there's no daily volume.

So there's two possibilities... they're either hacking coins from pools and wallets(think my orphan claims back when I cried foul), or they're mining them.  Coins just don't appear out of thin air...


Which is why I forked the github and changed the code to block connections to my pool if the client wasn't 1.0.4 or higher.  I was running 1.0.5 and I had numerous clients connecting to me with version 1.0.3 or older.  My github fork said 1.0.4 or newer, and that resolved that quick.

I believe we need to push for that.  Cut off the old clients and call it a day.  Vesper, 24Kilo and I just saved KDC last weekend from the same fate(starting at https://bitcointalksearch.org/topic/m.5469895).  They updated the code, forgot to limit the connections, and then old clients were connecting and submitting invalid blocks.  Limiting the client connections to only newer clients stopped that immediately.

IMO, it's what we need to do.  If people don't want to update... we force them to update.

-Fuse

Well, I'm interested cuz I'm not making any Peso right now. LOL.

Things to think about for the devs: If it's not all that hidden hash power, then it must be something with the coin. Orphans imply forks, because orphans are valid blocks that suddenly are now no longer honored by majority of the clients.

That's another issue, if majority of the clients are not the latest version, then that large block of wallets and miners will follow the rules or protocol as of that particular version, invalidating otherwise valid blocks, creating a fork with a very long chain, and forcing whatever was considered valid to become invalid and turning them into orphans.

Just like in the real world, children become orphans because their parents are gone.

Everyone blames China..Well I Speak mandarin and travel often to Taipei and H.K and Xiamen,Canton,Shanghai....Most of my contacts there are crying the same foul..Sure they have lots of Tag but it's not from mining. People here don't realize just how poor most Chinese are...But I know PLENTY of Brit's and Aussie CDN and American expat's that DO have large GPU ops in Korea Tokyo and Taipei H.K.
Everyone I know over there consider Tag to be a private rigged coin...So  it is getting a LOT of negative PUBLIC resentment..

It's not John Q Chinaman mining the snot out of this coin that is for sure..They can hardly afford a bike and cell phone.

It's China, mate.  Check daily volume on BTC38.Com.  Yesterday they traded 48k TAG.  So more than likely, someone has a collective farm, or some fancy unreleased ASICs and they are having a lot of fun with them.  Or it's a private pool.  Or multipools.  Or a botnet.  It could be anything.  But it's focused in China.

It's the way the game goes, mate.  There might even be a currency exchange gain we're not seeing over here.  The possibility for someone there to go from BTC-> TAG -> Yuan -> Peso and all the trades between... someone might be making some serious money on the down low.  Would you make that public, or would you ride it out for as long as you can?

-Fuse

Tag is a joke ...It has been hijacked by non-public hash power well over 50%...my pool has 40M I am 9.5m of that... we avg 1 out of 80 blocks I'm 7-10 tag/24hrs
Pityful...because they keep moving the goal post..so your actual variance is more like 8000%

All major KNOWN pools only add up to 400M......They are getting shit results also....

Where is all the hidden hash power???  My pool find rate is very near 100% so if we get 1/80 that's means total hash must be near 3.2 gigs
Where are all the blocks going???

Show me some new pools or foreign pools that have anywhere near that?

Only an idiot would think a coin like this could ever serve as a public utility when it's supply is so monopolized and the markets so easy to manipulate.
It is a speculation vehicle only to sap wealth and value out of real world newb suckers.

+1

Great system, IMO.  Good idea, Mark.

-Fuse

Just a quick not to say we are working next week to add TAG as a reward for subscribing to vtc.com, or on recurring monthly renewals. For $30 a month accounts we are giving $5 of TAG when the user adds their TAG ID to their customer info, or $50 worth of TAG for a $250 a year subscription. Not everyone will take advantage of it, but there will be exposure to a few thousand new users every month, with VTC needing to buy about 30,000 TAG per month to give out. This should be in action by the end of next week.

Using this as proof of rewards system in action, we will then be approaching other companies with subscription models to offer TAG to their customers. We are hoping this will spread. If you know of any companies you deal with and pay a monthly or yearly fee, please suggest they do the same thing...

Thanks thought it was weird too