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Topic: [ANN] ECC - page 66. (Read 259363 times)

sr. member
Activity: 1078
Merit: 310
AKA RJF - Member since '13
June 11, 2017, 01:31:38 PM
Hi, just found this coin, can someone explain to me why the price jumped from 1 sat to 7 sat in the past 4 days? Also the price curve on Coinmarketcap looks weird, seems like the price as been below 1 sat from time to time?

ECC has been around since 2014 and was more or less dead for a long time. It has recently been revived and is picking up momentum and users. More exchanges are needed to smooth things out a bit but, that will come in time. A new wallet is due today or tomorrow now that the coin is actively being developed again.



So the price spike is due to the coin taken over by CryptoUnited just a few days ago? Why is the thread so long then?  Cheesy

I wonder what exchanges you had before being added on CoinExchange, that resulted in a price lower than 1 sat?

No, the coin was taken over by Griffith in August, 2014. The guy who created it pro-mined it and let it go. One of the reasons was that the code was full of errors and the chain was forking all the time.
Griffith took it over and started to repair the wallet. As you properly know any coin that is taken over has all kind of problems because people are angry.

It took 3 years to repair the wallet AND find a good purpose for the coin.
Now Griffith ( yeah the same one that is already 3 years with the coin) has done testing and improving the File Storage on the Blockchain and he made his new plan known. This has generated new interest in ECC.
Especially because the direct competition with the same qty of generated coins and also doing the file storage is going for around 535 Sat at the moment.

Wow, memory fades fast! Now that you mention it, I do remember Griffith taking this on and, several others.
sr. member
Activity: 1078
Merit: 310
AKA RJF - Member since '13
June 11, 2017, 01:29:51 PM
I dont know something wrong with wallet. My coins are not staking yet. its been more then week. can anyone asist me.

Is your wallet unlocked and caught up with the blokchain?


newbie
Activity: 42
Merit: 0
June 11, 2017, 01:17:29 PM
If that coin was listed on multiple exchange like bitter, novaexchange,poloniex it would gain a lot of value by now.
newbie
Activity: 54
Merit: 0
June 11, 2017, 12:53:05 PM
I dont know something wrong with wallet. My coins are not staking yet. its been more then week. can anyone asist me.
hero member
Activity: 1330
Merit: 515
Coin Mage
June 11, 2017, 12:26:31 PM
Hi, just found this coin, can someone explain to me why the price jumped from 1 sat to 7 sat in the past 4 days? Also the price curve on Coinmarketcap looks weird, seems like the price as been below 1 sat from time to time?

ECC has been around since 2014 and was more or less dead for a long time. It has recently been revived and is picking up momentum and users. More exchanges are needed to smooth things out a bit but, that will come in time. A new wallet is due today or tomorrow now that the coin is actively being developed again.



So the price spike is due to the coin taken over by CryptoUnited just a few days ago? Why is the thread so long then?  Cheesy

I wonder what exchanges you had before being added on CoinExchange, that resulted in a price lower than 1 sat?

No, the coin was taken over by Griffith in August, 2014. The guy who created it pro-mined it and let it go. One of the reasons was that the code was full of errors and the chain was forking all the time.
Griffith took it over and started to repair the wallet. As you properly know any coin that is taken over has all kind of problems because people are angry.

It took 3 years to repair the wallet AND find a good purpose for the coin.
Now Griffith ( yeah the same one that is already 3 years with the coin) has done testing and improving the File Storage on the Blockchain and he made his new plan known. This has generated new interest in ECC.

Hmm, very interesting indeed. Unfortunately the price is already too high for me now, I don't usually buy coins over 1M market cap. But I'll keep watching and wishing you good luck with this!  Smiley
legendary
Activity: 1076
Merit: 1003
June 11, 2017, 12:22:40 PM
Hi, just found this coin, can someone explain to me why the price jumped from 1 sat to 7 sat in the past 4 days? Also the price curve on Coinmarketcap looks weird, seems like the price as been below 1 sat from time to time?

ECC has been around since 2014 and was more or less dead for a long time. It has recently been revived and is picking up momentum and users. More exchanges are needed to smooth things out a bit but, that will come in time. A new wallet is due today or tomorrow now that the coin is actively being developed again.



So the price spike is due to the coin taken over by CryptoUnited just a few days ago? Why is the thread so long then?  Cheesy

I wonder what exchanges you had before being added on CoinExchange, that resulted in a price lower than 1 sat?

No, the coin was taken over by Griffith in August, 2014. The guy who created it pro-mined it and let it go. One of the reasons was that the code was full of errors and the chain was forking all the time.
Griffith took it over and started to repair the wallet. As you properly know any coin that is taken over has all kind of problems because people are angry.

It took 3 years to repair the wallet AND find a good purpose for the coin.
Now Griffith ( yeah the same one that is already 3 years with the coin) has done testing and improving the File Storage on the Blockchain and he made his new plan known. This has generated new interest in ECC.
Especially because the direct competition with the same qty of generated coins and also doing the file storage is going for around 535 Sat at the moment.
legendary
Activity: 2534
Merit: 1129
June 11, 2017, 12:14:03 PM
Hi, just found this coin, can someone explain to me why the price jumped from 1 sat to 7 sat in the past 4 days? Also the price curve on Coinmarketcap looks weird, seems like the price as been below 1 sat from time to time?

This coin has been around for over 3 years. It is quite well distributed, has good fundamentals , and there are a lot of holders who would be well connected in the crypto world.

It has had little attention for some time, but the developer is very competent, and has been working on a number of improvements. There is a new wallet due for release imminent.

This is a Proof Of Stake coin, and that is where the speculative attention is now turning, after Privacy-Centric coins had a big run. Also, there are a large number of units at a very low price, which is also now being recognised as a significant positive (have a look at where the prices of Mooncoin, Digibyte etc.. have gone recently).

Regarding price, the coin was traded on different exchanges in the past, and quotes in LTC rather than BTC account for the lower price.

 

hero member
Activity: 1330
Merit: 515
Coin Mage
June 11, 2017, 12:13:22 PM
Hi, just found this coin, can someone explain to me why the price jumped from 1 sat to 7 sat in the past 4 days? Also the price curve on Coinmarketcap looks weird, seems like the price as been below 1 sat from time to time?

ECC has been around since 2014 and was more or less dead for a long time. It has recently been revived and is picking up momentum and users. More exchanges are needed to smooth things out a bit but, that will come in time. A new wallet is due today or tomorrow now that the coin is actively being developed again.



So the price spike is due to the coin taken over by CryptoUnited just a few days ago? Why is the thread so long then?  Cheesy

I wonder what exchanges you had before being added on CoinExchange, that resulted in a price lower than 1 sat?

sr. member
Activity: 1078
Merit: 310
AKA RJF - Member since '13
June 11, 2017, 12:04:52 PM
Hi, just found this coin, can someone explain to me why the price jumped from 1 sat to 7 sat in the past 4 days? Also the price curve on Coinmarketcap looks weird, seems like the price as been below 1 sat from time to time?

ECC has been around since 2014 and was more or less dead for a long time. It has recently been revived and is picking up momentum and users. More exchanges are needed to smooth things out a bit but, that will come in time. A new wallet is due today or tomorrow now that the coin is actively being developed again.

legendary
Activity: 2534
Merit: 1129
June 11, 2017, 12:04:14 PM
Hi everyone, just a quick status update. I'm sure most of you know that there is scheduled to be a new wallet this weekend and have probably noticed that i failed to mention if it would be released today (saturday) or sunday. I did this on purpose as i wasnt 100% sure how bug testing would go. But so far I haven't found any strange bugs and it looks like everything is running smoothly. I am almost done with testing and will release the wallet after i am finished.

Please note: this is an OPTIONAL upgrade. if you are happy with the version you have you do not need to update. a lot of the changes are GUI based so users run daemons 24/7 probably wont notice much of a difference if any at all.

Thank you everyone for your support so far. After this update is released we are going to turn a lot of attention towards marketing and getting on more exchanges.


-Griffith

Many thanks for the clear and consice details.
hero member
Activity: 1330
Merit: 515
Coin Mage
June 11, 2017, 11:40:55 AM
Hi, just found this coin, can someone explain to me why the price jumped from 1 sat to 7 sat in the past 4 days? Also the price curve on Coinmarketcap looks weird, seems like the price as been below 1 sat from time to time?
legendary
Activity: 1076
Merit: 1003
June 11, 2017, 09:11:47 AM
Is 2.4.7.7 the latest version of ECC wallet?

Yes, but today or tomorrow you can expect a new wallet release.
full member
Activity: 208
Merit: 100
June 11, 2017, 08:46:30 AM
Is 2.4.7.7 the latest version of ECC wallet?
legendary
Activity: 1400
Merit: 1000
June 11, 2017, 12:39:00 AM

Thank you everyone for your support so far. After this update is released we are going to turn a lot of attention towards marketing and getting on more exchanges.


-Griffith
Thank you for doing great job. We are on the right path.

Did you took a look at that feature i told you by PM? Could it be possible to implement?

it should be possible in the future. but not for this next update. not enough time to research, code, and test before release
member
Activity: 74
Merit: 15
June 10, 2017, 11:55:34 PM

Thank you everyone for your support so far. After this update is released we are going to turn a lot of attention towards marketing and getting on more exchanges.


-Griffith
Thank you for doing great job. We are on the right path.

Did you took a look at that feature i told you by PM? Could it be possible to implement?
legendary
Activity: 1400
Merit: 1000
June 10, 2017, 08:08:33 PM
Hi everyone, just a quick status update. I'm sure most of you know that there is scheduled to be a new wallet this weekend and have probably noticed that i failed to mention if it would be released today (saturday) or sunday. I did this on purpose as i wasnt 100% sure how bug testing would go. But so far I haven't found any strange bugs and it looks like everything is running smoothly. I am almost done with testing and will release the wallet after i am finished.

Please note: this is an OPTIONAL upgrade. if you are happy with the version you have you do not need to update. a lot of the changes are GUI based so users run daemons 24/7 probably wont notice much of a difference if any at all.

Thank you everyone for your support so far. After this update is released we are going to turn a lot of attention towards marketing and getting on more exchanges.


-Griffith

Current list of nodes?


https://www.coinexchange.io/network/peers/ECC
sr. member
Activity: 1078
Merit: 310
AKA RJF - Member since '13
June 10, 2017, 07:58:17 PM
Hi everyone, just a quick status update. I'm sure most of you know that there is scheduled to be a new wallet this weekend and have probably noticed that i failed to mention if it would be released today (saturday) or sunday. I did this on purpose as i wasnt 100% sure how bug testing would go. But so far I haven't found any strange bugs and it looks like everything is running smoothly. I am almost done with testing and will release the wallet after i am finished.

Please note: this is an OPTIONAL upgrade. if you are happy with the version you have you do not need to update. a lot of the changes are GUI based so users run daemons 24/7 probably wont notice much of a difference if any at all.

Thank you everyone for your support so far. After this update is released we are going to turn a lot of attention towards marketing and getting on more exchanges.


-Griffith

Current list of nodes?
legendary
Activity: 1400
Merit: 1000
June 10, 2017, 05:52:49 PM
Hi everyone, just a quick status update. I'm sure most of you know that there is scheduled to be a new wallet this weekend and have probably noticed that i failed to mention if it would be released today (saturday) or sunday. I did this on purpose as i wasnt 100% sure how bug testing would go. But so far I haven't found any strange bugs and it looks like everything is running smoothly. I am almost done with testing and will release the wallet after i am finished.

Please note: this is an OPTIONAL upgrade. if you are happy with the version you have you do not need to update. a lot of the changes are GUI based so users run daemons 24/7 probably wont notice much of a difference if any at all.

Thank you everyone for your support so far. After this update is released we are going to turn a lot of attention towards marketing and getting on more exchanges.


-Griffith
sr. member
Activity: 1078
Merit: 310
AKA RJF - Member since '13
June 10, 2017, 05:27:01 PM
Hi, i got error when opening ecc wallet, its says
" Assertion Failed "
expression - : pindex --> pprev pindex getblockhash - blabla,., hash genesis block test net ,.,.,. error loading blkindex.dat
what is the solution ? thx in advance

that actually means that the blockchain you have got corrupted and you need to resync. it is a known bug in the wallet. if you want to resync today, then checking the box to detach wallet DB on shutdown in the options menu will help reduce the frequency of this error. or you can wait until the new wallet comes out this weekend to resync as this wallet has the bug that causes the chain corruption to be fixed ( i will also be posting a bootstrap when the new wallet is released)

-Griffith

Just found this thread. Griffith, thank you for continuing to develop ECC. Dug up the old wallet to see if it will sync, got millions of these from the old days. I see there will be a new wallet soon?
legendary
Activity: 1400
Merit: 1000
June 10, 2017, 01:43:31 PM
Hi, i got error when opening ecc wallet, its says
" Assertion Failed "
expression - : pindex --> pprev pindex getblockhash - blabla,., hash genesis block test net ,.,.,. error loading blkindex.dat
what is the solution ? thx in advance

that actually means that the blockchain you have got corrupted and you need to resync. it is a known bug in the wallet. if you want to resync today, then checking the box to detach wallet DB on shutdown in the options menu will help reduce the frequency of this error. or you can wait until the new wallet comes out this weekend to resync as this wallet has the bug that causes the chain corruption to be fixed ( i will also be posting a bootstrap when the new wallet is released)

-Griffith
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