At tompool we are listed as totally forked . Could some one tell him to update and remove negative comments , I have tried but he just ignore me. Or ask him to remove tek from his mining pool . And I think the 40% need to be reduce , look at ppc pays 1% and still many followers and price is in good range , I think tek is better . For the good of tek and improve price we need to do something . Tek devs , your input on this is needed greatly . Thanks
40% per month is the only reason, I have any Tekcoins.
A massive rate drop would leave me no reason to keep it.
If the mutipool is unable to stabilize the price, maybe some service should be looked at that burns up tekcoins in return for some type of service, that way it is the user option.
Yes I agreed , the 40% was what made me dump bcx and bc for tek , but if price is reduce by more than 40% , hmmmm.... We need to consider how to reduce to coins , I came in when tek was 19000 now around 3k. I buy about 2ooo tek at 19000 , current price I need about 6 months of pos to recover
Note: take a look at hyp has multipool also but price reduce from 900 to now 300 within same time space. There is just not enough hash power to buy all the pos Made coins for hyp or tek
I hear Ya, brought in at .40 sold at .19 and brought back in at .03 .
There is no way for any product to add 40% value every month , so the coin price will continue to fall every month, the only way out is to find something that burns off excess coins to keep the numbers down.
Some thing that burns up or consumes coins all of the time.
If Tekcoins could be burned for heat in the winter or eaten by something , that would be an answer that would work.
OR if tekcoins could be used up to make another rarer coin with a - interest rate, but the only way this new rarercoin (AntiTekcoin) , could be made is by consuming 1000's of tekcoins.
That way you always need new tek to keep the other coin alive and never have to lower the 40% rate.
Plus the other coin always increases in value, because it negative interest rate is always lessening it supply.
Edit:
If you could also keep both in 1 wallet and both running on your tekcoin network, you would have something unique in the coin world, a High POS coin along with a
Rare Negative POS Coin.
Just the wording alone should get some free marketing.
2nd edit:
If a negative interest rate coin is unwanted, you could always just make the rarer coin required a higher % each month to create a new one.
