Author

Topic: Terracoin profitability at 488% (Read 1765 times)

legendary
Activity: 2940
Merit: 1090
March 11, 2013, 02:24:18 AM
#8
Yes, I expect too that GPUs will continue to be useful not only for Litecoin but also for merged-mining, sure you don't get a whole lot of bitcoins but you get a heck of a lot of various under-the-radar coins that could pay of big time when they finally come into the spotlights.

-MarkM-
legendary
Activity: 1204
Merit: 1001
RUM AND CARROTS: A PIRATE LIFE FOR ME
March 11, 2013, 02:15:26 AM
#7
I think it's more likely that with BTC crazy high, we are seeing an overflow from the BTC market. A lot more people have BTC now then just a few months ago and they are probably interested in speculating a bit. Considering how low TRC is currently, just a few BTC in now could pay off big time. Eventually we will see BTC miners coming over to more alt-coins, and surprisingly there are still people interested in building mining rigs and mining. So, the future looks bright!
jar
newbie
Activity: 48
Merit: 0
March 11, 2013, 12:36:24 AM
#6
There has been repeated stupid buy orders.  The volume is relatively low (~10BTC) but someone really wants TRC.  Or they're artificially pumping the price in order to dump TRC later.  Or perhaps they're divesting from BTC because they're speculating a BTC market crash?  Something's fishy.
sr. member
Activity: 428
Merit: 250
March 10, 2013, 11:15:37 PM
#5
And it's dropped back down to 194%. I think Terracoin may have just experienced it's first bubble.  Wink

Or just a stupid and isolated buy order Wink
sr. member
Activity: 252
Merit: 250
March 10, 2013, 11:06:46 PM
#4
And it's dropped back down to 194%. I think Terracoin may have just experienced it's first bubble.  Wink
sr. member
Activity: 428
Merit: 250
March 10, 2013, 10:50:52 PM
#3
I think such volume isn't signifiant enought but nice shot anyway
sr. member
Activity: 476
Merit: 250
Bytecoin: 8VofSsbQvTd8YwAcxiCcxrqZ9MnGPjaAQm
March 10, 2013, 10:10:45 PM
#2
Terracoin last on Vircurex is 0.0005 BTC.  That's the highest I've ever seen it.  And this is after the worst TRC week I've ever seen. Smiley  Shocked
sr. member
Activity: 252
Merit: 250
March 10, 2013, 09:47:01 PM
#1
Looks like someone just bought up some Terracoin on Vircurex. According to dustcoin it's profitability rating is at 488%.
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