sounds interesting. could you please give me some coins for collecting? thx
THm6Vrx4GHt9HyQFyt6ky5U9ZDmNfNhXB5

@entropi - I sent an email to the main guy at BTER asking what is up, will let you know what he says, if he responds

I am trying to understand the business model.  Say I am a business and wish to reward my frequent customers.  What do I do ?  I have to go onto the open market and purchase these reward points to restock my rewards bank?  This is where I am confused.  That doesn't seem like it would ever work.  What am I missing?   Sure it might be fun to receive altcoins as a reward, but I don't get how TAG is recycled in a reward system.  Wouldn't the relatively high volatility of an altcoin kinda screw this up for the business?  They would have to restructure their reward system every time the value changes.

Is my take on this coin wrong?  I like the idea.. a niche market, but how would it work? What am I missing?

I like the trade options. However it's not yet working. I cancelled my sell order on the exchange for now. I'll put it back up when it's ready to go.

I think the plan is to try to make the spread 80 100. Merchants should be able to buy 1 TAG = 100 PHP. Miners should be able to sell 1 TAG = 80 PHP. Let the people in between, including the tagbond platform, deal with the stuff in between, they can make their 20 PHP or something.

Unless the system is set up in place, businesses will not want to buy directly from miners. They will want to buy from the "official" source, and it will cost them 100 PHP.

Now, how about the other exchanges that handle USD and BTC and LTC and other alt coins? They will somehow adjust to the "official" rate, but they will be either cheaper or more expensive by a bit. There will be opportunities for traders to do arbitrage and stuff like that.

The miners still get 80 PHP per TAG, someone buys it. someone sells TAG a little cheaper, someone else buys it a little more. Doesn't matter.

Well, hopefully that's how it will turn out to be.

Now if a miner happens to find a merchant who will directly buy from him at 90 PHP per TAG, or a merchant finds a miner willing to sell it, it's still within range and they're both happy to skip the middle man. Basically, the spread is the price of escrow, in this case, the founder of the coin and the platform. Independent agents will show up to do the same thing, but businesses tend to trust other businesses, rather than individuals.

As with any crypto currency, the businesses will want to avoid the risks of losing their money, through an unverified or unconfirmed agent who could just disappear. They will pay a premium for that.

Miners, also, for the most part, don't want to send first without knowing who the buyer is, unless it's on an exchange or it goes through the tagbond site.

The price stabilizes, but eventually the price per TAG will go up over the years.

Thanks for the update. Wishing him a speedy recovery!!!

Yeah, my fiat money isn't clearing until Friday, but you also still haven't figured out how to make the rigs work properly, so, I guess we can wait until next year.

Cool lol.
Has nothing to do with the coin right?
Is the new exchange already online?

Okay, quick question: How does the client internally store the TAG coin values? I notice that the official tagcoin-qt client only uses and displays 6 decimal places. Does that mean there is no such thing as 0.0000001 TAG? or the satoshi equivalent of 0.00000001 TAG?

Also, transaction fees are currently 0.001 TAG. It's 10x bigger than if it were bitcoin, but the fiat equivalent is of course smaller.

Hey guys, this thread shows that someone can get 800 KH/S on R9 280x

https://litecointalk.org/index.php?topic=7534.525

Here is the specific post

https://litecointalk.org/index.php?topic=7534.msg83422#msg83422

I just looked at the last page.

Nice link Dabs. I spent time prior to that thread, figuring out my MSI R9 280x settings. Seems like the best ones (for my cards) are TC 24000, ENG 1080, MEM 1500. Anything else and the card doesn't do well. Seems like these new R9 cards have far more personality to each individual one than the previous 79xx series. Seeing lots of variation out there.