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Author Topic: Why It's Better to Invest in Taucoin than in Bitcoin?  (Read 217 times)

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Offline nonconformist

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Why It's Better to Invest in Taucoin than in Bitcoin?
« about: October 19, 2018, 08:21:42 AM »
There are many reasons why it is better to invest in Taucoin than in Bitcoin. Help me count the ways why.

1.) Proof-Of-Transaction:- the more transactions, the more reward
2.) Proof-Of-Transaction:- greener alternative to mining
3.) Proof-Of-Transaction:- faster transactions
4.) Proof-Of-Transaction:- you are encourage to circulate it instead of hoarding it.
5.) Automatic Harvest Club Participation:- no work or knowledge
 required in joining a harvest club
6.) Instant harvesting reward share through “club wiring”
7.) Near Zero Cost Transaction Fees:- most of transaction fees are returned throughout the year.
8.) One year to accumulate weight:- to prevent spam and speculation
9.) Environmentally friendly consensus mechanism that is secure
10.) Built 100% from our team (not a fork of an existing coin)
11.) Test driven development process focused purely on technology first
12.) First cryptocurrency to focus on the velocity of coin circulation
13.) First cryptocurrency to give no advantage to hoarding
14.) First cryptocurrency to have near zero cost transactions in perpetuity.
15.) More upside in the investment side because it is very cheap right now, than the infinitely more expensive Bitcoin.

Can you add more benefits and advantages here?
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THE ACTIVE
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Why It's Better to Invest in Taucoin than in Bitcoin?
« about: October 19, 2018, 08:21:42 AM »

Offline zityx23

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Re: Why It's Better to Invest in Taucoin than in Bitcoin?
« Reply #1 about: October 20, 2018, 04:44:47 PM »
There are many reasons why it is better to invest in Taucoin than in Bitcoin. Help me count the ways why.

1.) Proof-Of-Transaction:- the more transactions, the more reward
2.) Proof-Of-Transaction:- greener alternative to mining
3.) Proof-Of-Transaction:- faster transactions
4.) Proof-Of-Transaction:- you are encourage to circulate it instead of hoarding it.
5.) Automatic Harvest Club Participation:- no work or knowledge
 required in joining a harvest club
6.) Instant harvesting reward share through “club wiring”
7.) Near Zero Cost Transaction Fees:- most of transaction fees are returned throughout the year.
8.) One year to accumulate weight:- to prevent spam and speculation
9.) Environmentally friendly consensus mechanism that is secure
10.) Built 100% from our team (not a fork of an existing coin)
11.) Test driven development process focused purely on technology first
12.) First cryptocurrency to focus on the velocity of coin circulation
13.) First cryptocurrency to give no advantage to hoarding
14.) First cryptocurrency to have near zero cost transactions in perpetuity.
15.) More upside in the investment side because it is very cheap right now, than the infinitely more expensive Bitcoin.

Can you add more benefits and advantages here?

Actually we are still in the infancy stage and there are still room for improvement. And here I would like to engage the community in a constructive way of questioning.  With regards to these benefits stated above, I would like to post a counter-question as it needs answers.

1. What occurrences/ events will generate more transactions from the present to the future?
2. Will adding more mineable coins in generous amounts (btc has 21M vs TAU's 10B) contribute to a greener alternative or additional usage?
3. TAU has slow tps to be exact.
4. People who highly believe in this coin will most likely hoard for the future. Though clearly there is no benefit for them unlike in POS, some people will like do so.
5. A harvest club leader might be greedy enough to take most of the advantage in club mining therefore it is significant to research (if possible) who can give more substantial benefit to club mining member.
6. Stil, club leaders can choose the optimum advantage to get from club mining while members will get the least reward for block distribution.
7. A one-year distribution is too long I guess. As fees are getting double in time.
8.
9. Are there other attacks/vulnerabilities not mentioned in the white paper?
10. This one I totally agree. They even use their own money for basic start ups and development. But. as this is a constructive questioning, some people might think that even if you've spent your own money on developing on this project, the team might still have plans on running away with investors btc after some internal exchange (whatsoever) or if the project fails as it is a 10-year development program.
11. If development process has started with improving technology first instead of coin promotion through ICO (not happen) / airdrops, then mass adoption will be faster than current situation. ( Just my opinion)
12. #1
13. #4
14. Still experimental at this time. There are no guarantees yet.
15. Is it more investment wise that other alts in comparison not only according to price but also in terms of consumption, usage and future plans?

I believe that there are still more positive than negative aspects on this coin but we should not limit ourselves to its benefits but instead point out of what we think can harm the project and the community in general in order to improve its/our current status and future prospects aspirations.

Offline charlis17

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Re: Why It's Better to Invest in Taucoin than in Bitcoin?
« Reply #2 about: October 24, 2018, 09:04:31 AM »
i think bitcoin is a known coin as such everybody is into it, but if preferable to invest in Taucoin because its new and the have the tendencies of over taking bitcoin in the nearest future.

Offline brightology

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Re: Why It's Better to Invest in Taucoin than in Bitcoin?
« Reply #3 about: November 02, 2018, 02:48:22 PM »
Is because the prize of tau coin is very less and has prospect in future like bitcoin

Offline Citycrypto

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Re: Why It's Better to Invest in Taucoin than in Bitcoin?
« Reply #4 about: June 28, 2019, 11:31:23 AM »
I think TAU coin is still developing and when fully developed, it will greatly pay off on the long run because, tau coin may be cheap in the maintime but will appreciate in the near future.

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