You're right, but for that you need investors (whales) and A LOT of patience. After that your chances for success are like 3-5%, because nowadays most of the whales are into coins which gives them 50-150% profit (for example) in a matter of hours. To be dedicated to one project is not enough. Look at SFR for example. Dedicated team, a lot of features, good ideas about coin's future, but.... look at the price. I am huge investor there though, because I believe in it's future. Now compare SFR with coins like CANN. Coin with x5 more supply which reached x3-x4 times the highest price of SFR. And for what? Of course that it was pump and dump coin, but whales did their profit and just move to another one.
P.S. Armis, I am EMC2 supporter since it was launched and although I sold some coins on exchanges, I stil hold 1.7M+ EMC2 and not planning selling them in near future. However, the same applies to EBT, but the main difference here is that EBT is plain dead...
P.S.2. I am part of another coin which is called FAILCoin. It seems dead, it is highly possible to die, but guess what? I don't care! After exactly 5 hours I am on meeting (in person) with 3 coders which may be involved in it and I hope that we will reach to agreement. I talked with 15+ coders for FAIL and I did understand that some of them launched 10s of coins and have wallets with hundreds and thousands BTC. Others (like defaced for example - dev of Franko and ADN (I also remember that Franko team helped EBT at the beginning)) don't have such amounts, because they are honest. As long as a coin has devoted members there are chances for some success, but EBT don't have them.
i love it how people attend threads just to tell people "don't even try; it's dead"
You get that on almost all troubled coins. These are the pumpchasers that buy the coins for 5x the value from you later after it looks good again
Thanks for leaving your message of "no hope", we don't care.
Then we have something in common - we both feel love, but I love professors like you who answer to people without thinking (and do some background check). I will tell you something about me:
1. I am one of the biggest EBT holders and early investors. I also didn't sold a single coin on exchanges... even when EBT was listed on Poloniex.
2. I am mining with 400MH+ scrypt power since 6 months, I started a company and I am working with one very skilled trader so you can imagine what I have in my wallets.
3. Why should I bother reviving FAIL for example? I can just be involved in another pump (and I do understand them well... believe me) with mining or buying and move to another.. just like many people do.
Now I have one question:
1. What kind of pump can EBT have? The biggest volume was about 30 BTC (if I remember correctly) when the coin was listed on Poloniex. Now.. I was able to mine 100s of thousands of EBT/day with only 2.7MH before that. Why didn't I sold them at 200-300 satoshi? Because I was dreamer... just like you are now.
Look at XG and RZR threads and see the latest messages there. Why I don't have answer? Because it's the truth... simple truth.
i don't see a problem with hardforking it and putting out a new client while disconnecting all the old ones. Sorry for not just giving in to being hopeless. Money can be made as quickly as it is lost around here. All we need is a skilled coder to do the technicals; promo and branding is the stuff the bagholders do. The dev will only have to look after a running system and profit from the EBT he is holding in the process. All we need is a dev who likes some honest work and money.
I fail to see any huge obstacles absolutely preventing us from bringing it back. EBT was no scam. It's a
clean coin with thechnical difficulties from what i understand. Once the technicals are repaired this can be 200 or 500 sato again. Why not?
Being a clean coin with no history of rippoff makes it stand out all by itself. Would it have been a hidden premine or other scamcoin i would agree to move on, but EBT was better than that.
the answer to this messed up network is: hardfork and disconnect all the mess with the next update. (i am not 100% expert but i believe it should be possible from what i understand about coins)
Hardfork it, checkpoint it, make a ppc-clone or similar if it is beyond repair, release new client that only connects new clients, officially revive with worked-over brand, get listed on exchange again, restore the vision and prospects and everyone is happy.
It's not the "sit, wait, do nothing, profit". It'll be some work and the more someone holds the more he is responsible to take things up. I am only a small bagholder in this (just large enough to care as much as i do).
