Topic: [ANN] ★★ EBT Coin - Entropybit 100% PoS - Multipool - Bugfix version 4.0.3! ★★ - page 86. (Read 131676 times)

I will happily mine this with the low hashrates.  DEV team is strong.  Hopefully the big hashers don't rush to the party anytime soon.

nice coin

This is good coin, but we need exchange like Coinedup or CoinMarket...

Good coin  , luck !

selling 12k for 0.03

It's impossible to say. The markets make no sense. This coin should go up because of the PoS and great specs. At 250 M EBT, it has a fairly high count, being more than 3 times the number of litecoins max. Also, it inflates very fast right now, with 50% mined at about 4.5 months if I recall correctly. That's good and bad. The bad part is that inflation will be high in the near term. But the decay is so fast, that after a couple of years, it will be negligible, even with PoS.

If the markets were rational, the value of the daily transaction volume (not trading volume) would determine the max market cap (the value of 1 coin times the max PoW coins). But if this were the case, then DOGE should be 12 - 15 times more expensive than it is.

For 2nd (cryptsy coins not on BTC-e) and 3rd (coins on exchanges not cryptsy) tier alt coins, hashes determine price, where 10x the hashes per second roughly equals 30x the price. Right now, EBT hashes at about 35 MH/s, which is respectable, but kind of low. One thing that the hashes don't show is the number of miners. For EBT it has been a constant 40-50 since about day 1, which is a lot. It suggests that this coin is favored by small-time miners, so will probably not command a premium price for some time. My suggestion is to mine it and hold it.

But with its good specs, this coin will survive a long time and only get stronger. Like CASH, EBT is a miner's coin and I've been mining nearly constantly since the first pool opened up.

Isn't the price very low on openex... What should be a stable price according to the max coins...?

EBT?

Great idea this coin !

Proof of Stake explained:

• 100.00 EBT mature over a 90-day period.
• From Day 1 through Day 30, there is no change, but the coins "age" in the background
• On Day 30, Your coins become eligible for PoS minting
• From Day 31 through Day 90, Your chances of hitting a PoS block increase. After day 90 your chances dont get any better.
• When a Stake block is hit the input that was used gets locked for 25 blocks as the POS block matures. It is moved to the stake column and a transaction will appear in your wallet for 10 EBT
• After 25 blocks your 100EBT is returned and your 10 EBT is confirmed leaving you with 110 EBT

Got it...Thx.

I'll re-distribute some on FB to help spread the word.  One suggestion to help get the news out about EBT is if we can use it to fund some local food banks.  Maybe build a good community like Dodge has.  Could possibly help the long term value of the coin.

Discussing with the team now.  Stay tuned.   

Seconded. Can we use some of that premine for a logo bounty or something?

I GOT you, bruh. Just sent over 1,000 EBT, the kids gonna eat GOOD tonight!

Ebt... please improve the coin logo.... please design a more polished version of current theme.... Current logo is lame... (Big supporter and miner of EBT)

BTCTalk - https://bitcointalksearch.org/topic/m.4840893
Cryptsy - https://cryptsy.freshdesk.com/support/discussions/topics/74613/page/3
/r/CoinedUp - http://www.reddit.com/r/CoinedUp/comments/1whmy6/coinedup_add_ebt_to_your_exchange_info_inside/cf5da95
/r/Altcoin - http://www.reddit.com/r/altcoin/comments/1whoio/swipe_yo_ebt_its_free/cf5m5m2
Wallet - 5o3nhAmTFgfCCGGDkApcVBHjwb5gVQW4dx

Thanks

Glad to hear from you DEV, I was slowly thinking about hashing elsewhere...   Your words have renewed my faith for now lol.

I couldn't explain it better than this article!  https://cryptocointalk.com/topic/700-proof-of-stake-explained-rough-draft/

Let me know if you have any specific questions and I'll get them answered from the dev team.

Glad to hear things are picking up. Looking forward to see what EBT has to offer in the near future.