February 21st Weekly Terracoin Update — Catalyst
The payment has been paid; the paper has been signed. Catalyst law is now The Terracoin Foundation’s lawyers. Starting next week, I will be explaining Terracoin to them for the SEC opinion letter.
This is exciting news, and I know I keep talking about it, but basically it is a…catalyst for the future of TRC. This is the first step in the legitimacy that very few other coins have.
I look forward to posting the final document online so that anyone can check it out!
I have talked a lot about Cryptopia over the last month or so. They are still down, and I am eagerly awaiting either the announcement that they are dead for good, or they are going to try and recover.
The reason I am waiting for a proclamation from them is that no one can reliably trade the altcoins that are held there until they do.
What I mean is that until we know what has become of Cryptopia, no one can judge the price of any altcoin held on there. If they reappear and we can all get our altcoins off there, does that mean people will dump just to get out of crypto all together or will it carry on normally, or will Cryptopia just take everyone’s coins and burn them.
This is why I mentioned last week that everyone is holding their breath.
I know I am not trading any altcoin until Cryptopia says something.
We can see the lack of volume spread across a lot of coins because of this gasp.
But once Cryptopia announces what the plan is then we are looking at some sweet days of probable high volumes and we can see what the market has to say!
From there we can build on TRC’s already obvious coin code and infrastructure superiority to ramp up usability, marketing, and helping the world.
Combined with our work with Catalyst Law things feel good for the future!
The static build testing of aarch64 and armhf are coming along swimmingly! These are easy to run Pi versions of the Terracoin Code.
I actually think I am going to order a Raspberry Pi just to play around with it.
You know there always is going to be something about voting!
We are still slowly rising on Cryptrade but we really need everyone to vote for free with every IP they have access to. The more people who see Terracoin climb up the ranks, the more people check out TRC. Taboo once again is still leading the charge on this. He contacted Cryptrade and had them update our info, so it was correct. If you look again at the list, you will see that we have more links then almost any coin. Vote! It is free.
The legal agreement paid for and signed with Catalyst law is a huge step forward, and is only held back by Cryptopia’s lack of communication.
Current TerracoinCore Version: 0.12.2.4 — Date Released: July 19th, 2018
One month ago, we were at 0.00000529 BTC (.0188 USD) and today we are at 0.0000429 BTC (.0170 USD).
A year ago, we were at 0.00002124 BTC (.2284 USD).
*With the removal of Cryptopia (Hack) and C-Cex (Delisting) our volume is low, so our rank doesn’t show correctly. Once a new primary exchange is decided upon, we will see a recovery of volume.
We are ranked 1309 on coinmarketcap with a market cap of $391,491 USD. Last week our rank was 1283 and our market cap was $415,428 USD.
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