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Topic: [ANN] TeaCoin [TEA] -@Bittrex - Fast - 0 Premine - 2.5% inflation - page 19. (Read 89172 times)

newbie
Activity: 59
Merit: 0
Mr. Brew,

I bought a lot of Teacoin a while back because you had a single tea shop using Teacoin and there is such an obvious play in getting other independent tea and coffee houses on board.  I thought you were working to get more online which felt to me like a great way to grow the demand of the coin.  It seems to me that you are spending a lot of time trying to get Teacoin onto multiple exchanges.  I gather that your opinion is that there will be a greater volume of Teacoin traded if more people have access to it. 

My opinion is that it doesn't matter how many exchanges you get on because the volume will center itself in 1 or maybe a couple of exchanges.  Teacoin traded almost all of it's volume on Cryptorush which was totally random- the market just converged there because that's where people found/decided would be the most liquid place.

If you want to have the coin's market cap grow in value, and I really hope you do, I believe you should focus on getting the independent tea and coffee houses involved.  I wrote a post a while back suggesting that you create a 'starter pack' for a tea/coffee house that consists of a wallet, a downloadable placard that they can print and put on the counter, a section on the website, and some Teacoins that they can give or sell to their customers.  I'm sure we could come up with some other great ideas for the starter pack if we thought about it.  You replied at the time you were waiting for a mobile wallet.  While that would be great, I think you can get the ball rolling without it.  There are plenty of people with laptops that can use a wallet and pay in the shop.

If you were to get only 100 shops on board you'd see some upwards movement in the price, which would be good for everyone and probably further incent the shops to hop on the bandwagon.

That's my rough idea.  I hope as the lead on this coin you will consider it seriously and help get it going.   I would be willing to put a sizeable Teacoin bounty for someone that will put some thought into this and get a pack ready for production.  Perhaps you can help organize the bounty.  I will give you 100,000 Teacoin to hold for the person that creates a compelling starter pack.

I'm happy to discuss further and look forward to hearing your thoughts.

Regards,

kong
full member
Activity: 182
Merit: 100
I got the paper wallet working just need to do more testing and get graphics designed.

If anyone wants to test it please use very small amounts.

1. Just send like 0.0001 TEA to the paper wallet address
2. Open console type "importprivkey "

You should see the 0.0001 TEA in your wallet

http://teacoin.net/paperwallet/generate-wallet.html?design=alt-teacoin#

Mind you it's not pretty we need to get graphics done and make the site look more like Teacoin Smiley

We have a 1,000 TEA bounty to create Teacoin wallet graphics.

PM if you are intrested
full member
Activity: 182
Merit: 100
LTC / TEA pair going to bittrex.com Thursday night and BTC / TEA pair will happen a few days later.
full member
Activity: 182
Merit: 100
Teacoin has been added to SanCrypto

Teacoinchart and exchange rates updated live

http://sancrypto.info/index/show/TEA/

Plus Network Hashrate chart!

full member
Activity: 182
Merit: 100
I revamped the bounties please visit and let me know if I should change the amount on any of the bounties.

http://coinbounties.com/tea-teacoin/
legendary
Activity: 966
Merit: 1000
I support teacoin myself but the price is diving close to zero we need some form of revival.
sr. member
Activity: 434
Merit: 250
Well that's true...block halving was just too fast so nobody is mining it anymore at all.
That pool idea would be great but it just seems that most of people are ignoring this coin totally.
full member
Activity: 182
Merit: 100
Also MrBrew did you think about changing algo and maybe implenting something new?

I juggled the idea for a long time.

You can get 1 TEA per block now.  No matter how much hash rate you put on Teacoin your not going to change the yearly inflation by much.

People will be able to mine with old Bitcoin mining equipment.

I mine with 5 USB block Erupters that do about 1.66 GH.  It makes about 25 TEA per day and contributes to the generation of new blocks.  All of those coins go to free giveaways.

Blackcoin at 1% compound inflation should be about 747,000 BC per year and 3.8 M after 5 years for a total of 78.2 M BC after 5 years.

Teacoin at 2.5% mining inflation should be about 1,006,960 TEA per year and 5.2 M after 5 years for a total of 45.5 M TEA after 5 years.

It's not a huge difference it's just a preference on how you want to earn more coins.

If you want to earn more Teacoin you can buy a $6 USB Erupter on ebay and mine 5 Teacoin per day (turn it on and forget it).  You will earn allot more blocks of TEA then BC per day.  

Teacoin is a rare coin now.   Everyone needs to understand this.

Let's get this sleeping giant back on Bittrex Wink

Although it would be awesome to have a pool like http://blackcoinpool.com.  It would mine alt coins and buy up all the cheap Teacoins on the market. 
full member
Activity: 182
Merit: 100
Also MrBrew did you think about changing algo and maybe implenting something new?

I juggled the idea for a long time.

You can get 1 TEA per block now.  No matter how much hash rate you put on Teacoin your not going to change the yearly inflation by much.

People will be able to mine with old Bitcoin mining equipment.

I mine with 5 USB block Erupters that do about 1.66 GH.  It makes about 25 TEA per day and contributes to the generation of new blocks.  All of those coins go to free giveaways.

Blackcoin at 1% compound inflation should be about 747,000 BC per year and 3.8 M after 5 years for a total of 78.2 M BC after 5 years.

Teacoin at 2.5% mining inflation should be about 1,006,960 TEA per year and 5.2 M after 5 years for a total of 45.5 M TEA after 5 years.

It's not a huge difference it's just a preference on how you want to earn more coins.

If you want to earn more Teacoin you can buy a $6 USB Erupter on ebay and mine 5 Teacoin per day (turn it on and forget it).  You will earn allot more blocks of TEA then BC per day.  

Teacoin is a rare coin now.   Everyone needs to understand this.

Let's get this sleeping giant back on Bittrex Wink
sr. member
Activity: 434
Merit: 250
Also MrBrew did you think about changing algo and maybe implenting something new?
sr. member
Activity: 434
Merit: 250
Seems like we are getting some support from community! Let's make interest in this coin go up!
Looking forward bittrex.
full member
Activity: 182
Merit: 100
Enter to win!

1 Drawing of 1000 TEA.
2 Drawings of 500 TEA.
5 Drawings of 100 TEA.


This is to celebrate the addition of Teacoin to Bittrex.com.  
When Teacoin is added the Drawing will occur!  
Only 1 entry per twitter account.

No losers you will get 10 FREE TeaCoin after completion!

For Details visit:

https://twitter.com/TeaCoin_Net/status/471391277054189568
full member
Activity: 182
Merit: 100
full member
Activity: 182
Merit: 100
Got Teacoin's burning a hole in your pocket?

Coin-Horse (dice game) - https://coin-horse.com/?rec=4
full member
Activity: 182
Merit: 100
PM me to get 10 000 TeaCoin each.

I love the community support!
newbie
Activity: 1
Merit: 0
PM me to get 10 000 TeaCoin each.
full member
Activity: 182
Merit: 100
Mining Teacoin's is easier then ever.  You can use the same mining equipment that you mined with Bitcoins.

  • 333 MH USB Erupter ~5 Teacoin per day
  • 80 GH Erupter Cube ~ 700 Teacoin per day
  • 180 GH Antminer ~ 1700 Teacoin per day


P2Pools
thcst8's P2Pool - http://www.japool.com
http://mining.securepayment.cc/pools/teacoin/


Pools
x3 Pool - http://tea.dsync.net
ethought's Pool - https://www.miningpool.co
@becausepool - https://becausepool.com/tea
ViMal's pool - http://sha.mine-pool.net/tea
Marty19's pool - http://ispace.co.uk
full member
Activity: 182
Merit: 100
very strange some one created http://www.teacoin.org/teacoin (it wasn't us)
full member
Activity: 182
Merit: 100
nice get some of those Teacoin bounties!!!
full member
Activity: 196
Merit: 100
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