Topic: [ANN][EAC] EarthCoin *SEEKING NEW EXCHANGES - HUGE VOLUMES BEING MISSED! - page 100. (Read 840344 times)

Good point. Maybe we try to reach out for this mysterious John and ask his side of the story. I'll look into this bit later today.

John: I am a software architect for a fortune 500.

I have been involved in software development for 30 years.

Naturally, with my love for technology, numbers, algos, problem solving, etc. I was attracted to the bitcoin tech rather early and have been going down this rabbit hole ever since.

After exploring the vast codebase and learning how the tech worked, I began to clone some of the codes and created a new flavor of coins.

I implemented an algorithm that creates random bonus blocks as an idea for one of them, which turned out to be quite successful and is used in another popular coin.

The idea of Earthcoin came to me as I wanted to create something that would have fast adoption and then actual use – vs the typical coin that most try to hoard for profit only.

So we implemented features such as the period of 1 year and coin payout based on the seasons. We also added regular two-weeks and 1 month bonus blocks to add fun and constant marketing opportunities to the miners. I was very lucky to meet Norb, he is a wonderful media pro and designer who has a great vision for our crypto coin.
 
Something about the chat didn't sit right with me, I remembered the article you guys kept promoting through Bitcoin PR Buzz, it's copy/pasted above

In the chat you (earthcoin aka CryptoBoomer & Wesley (wesandeac) stated basically John bailed with 1/2 the premine and that he (John)didn't want to be identified or transparent about anything. He's also wanted to be like a "satoshi nakamato" You guys said it was very difficult to communicate with him because he was young & Chinese. Yeah, that sounds just like the guy above, he no speaky the English, huh? What did you do, write his bio and interview answers for him then? This smells like another shit sandwich lie, you know what? I'm not choking down another bite, too many inconsistencies and retracts and shady/sketch dudes. I feel like Columbo of the crypto but sniffing out the lies is too easy. I really like this coin, but I may need to peace out to another coin that I can really trust & put my efforts & fiat/btc in. Maybe I'll get a bounty for writing or research or rewarded somehow too.

To the dev team... Wes, Centurion76, earthcoin and etc... I just published a new post at #Team EarthCoin... I am going to try to confine my communications regarding to EAC to EarthCoinTalk.

Thanks,

24Kilo

I just spend a fair bit of time to read through the IRC chat, and glad to see some info thrown out there from the remaining core team.  Even though some of it (like the main dev taking off with his 90-100M) is unfortunate, I think its for the best that everyone knows, and that a replacement is being worked on.  It explains a fair bit actually.

Some of the big points I seen come out in front of me were:

- Get a way where people "need" to use EAC to get something.

While I agree with this I think there needs to be a much easier and trusted way to convert Fiat into EAC before this becomes reality. By nature if its to much effort people will rather just not bother with this product.

- A few people said this needs to be a new "currency"

I thought this for a while to, but I think if you are trying to introduce it as a new currency you will receive far to much lashback from regulators.  Perhaps stick more on track of the original vision of bitcoin, an easy and fast-secure way to transfer funds over seas (in a nutshell).

- Get a big player/merchant to accept EAC

This is great, and i think inevitably it will increase the value 10-fold.  The big thing we need to look at perhaps is what do we need to do to make a big merchant want to accept us. The coin is marketable already, but the community is only just starting to be repaired. Baby steps, but constant growth!


Once we have all this sorted out, perhaps a new DEV, a new direction figured out, etc we should do alot of promotion of the changes on the forums here in new threads, and on other forums and social media. There was a lot of supporters of EAC lost, and even more to be gained.  If we can get the community back believing in this coin then trading volume and price should pick up, which in turn should open up the door for other things, like getting more merchants, etc.

As for selling the video cards on earthazaar i think that is a great idea.  I do not have any kicking around as i am not a big miner.

Also on earthazaar, i see some EAC merchandise. Perhaps also allow a fiat purchase of this stuff... ultimately it would be free advertisement if people were to wear some of the swag out would it not?

I've been thinking about starting something called "Explore the Earth" to promote EAC. The idea would be simple, copied from various games in the internet: I would explore places in google street view and take a screenshot, then ask people to track/guess where I am. If a person guessed/ found the place (lets say by 100 miles or so), he/she would win that week. The prize would be EAC of course, the amount would depend how much the devs are willing to hand out weekly/how much we can gather for this. At the end of the round, a short description of the place, people and interesting history would be posted. This would encourage people to explore the earth and our environment, hopefully binding people together (and promote EAC too).

I would love to see the prize money coming from the premine of course, since this is promotion. However I'm ready to hand out some of my own EAC for this if the devs are not up for it. Would be better if they'd participate in setting this game up though, as I'm not sure if it would be allowed here on bitcointalk - Do you think it would be considered a giveaway? What section would be appropriate for it? I'd like to see it on its own thread.

Also, we could draw a map of a) the places we've "visited" and b) the countries the winners came from. I think this would be pretty cool looking after bunch of rounds!
I'd like some help in this. I'd like to see someone more fluent in english than me to write the description articles - I can communicate in english, but I'd really like to see a professional, 100% correct grammar... A journalist touch, you know?

E. Lets try this out.... Where are we this week? No prize this week, just enjoy the view and the hunt for where we are.... Link it on google maps or just say the country and city/town Hint: A famous historical battle was fought near this place almost 1000 years ago.

Start selling graphics cards on Earthazaar, that will bring people into EAC.

 @Centurion76  Nice one , you preempted me   I was going to raise this issue about reaching out to other

 disgruntled parties, and @Nicho was one and @slyA another. I am positive there are many others but  I am still

 digesting the transcript. This is another issue... that I will raise, steps in the right direction  

@Nicho,

You should receive a temporary password in your email shortly and you may now login. If you have any further trouble pm me.

https://www.coinpayments.net/help-shutdown

Cloudminers Mining pool

We are a brand new EAC mining pool and we are ready for the 2X blocks.

http://eac.cloudminers.net

Join us.

thanks for posting the transcript Xanather, some of the best ideas to come out of what I read there are:

  however you have to find exclusivity to create a buy side demand for EAC.  Like you "can't do this" unless you have EAC....

I would sharpen the earthcoin strategy of being a "human friendly cryptocoin"

To me, from a practical standpoint, the quick transactions are a HUGE marketing point. This coin could be used at brick and mortar merchants without third parties.


Kind of tired now but to sum up,

EAC needs to be exclusive in that it can be used for something of value that everyone needs/wants but has to buy/mine/gift/beg/etc. EAC to get

EAC needs to be easy to use, understandable and user friendly to total noobs, skilled crypto peeps, & joe 6 pack

EAC needs to be adopted by merchants because of it's fast speed, easy conversion to btc or fiat.

There's much more from the chat that can be extracted and repackaged in order to form better action plan. Remember, human beings only do things for two reasons, for pleasure or to avoid pain. Let's get busy creating pleasure and buy side momentum so that the pain doesn't happen, further drop in value, dead coin, lost money

Even if it doesn't seem profitable this time, we should keep mining on 2x. Keep every coin we can out of the hands of switching pools, who tend to be a majority of the increased difficulty. Let's keep those coins with whom they belong.

I'll be at poolerino.

I'm glad to see the direction everyone is moving. 

Centurion76 here, just Centurion there

https://bitcointalksearch.org/topic/annvote-new-coins-on-btercom-which-new-coin-should-bter-add-in-next-week-502363
Bter will definitely add more coins within a week.let's go up .

Typical all this happens when I'm away.  Who is it that runs the earthcoin talk forum?  I signed up to it ages ago and I couldnt log in because of it said i needed to activate my account but i didnt recieve any activation email so i just left it.  Now i just tried a password reset and recieved the email for that, reset my password and again tried to log in, and again it says i need to activate.. so how do i get a new activation email sent to me?

I hope so, honestly if i had 10BTC then i xould put a buy at 30 sats and will buy all the dumpers. This will trade above 100sats again, one day.

I guess I can assume that the huge price drop was due to a massive premine dump by one of the developer from what I've been reading on the forum and the Q&A.  Just goes to show you, premines are dangerous in the wrong hands.  Having said that, the rest of the developers seem straight forward.  I would have to believe that the community can move forward without another sudden dump.  I don't think the coin can survive another massive dump from any big holders.  It can definitely go down further.  It also can go up.  At this point, I'm inclined to believe that it will rise slowly. As long as EAC continue to improve on its real life usefulness (besides be a speculation tool), I think things will get better.   

EAC never reached 4400 sats? Why will this coin be dead? If i check correctly then there are many people using Earth coin, hash rate is still pretty ok, remember DOGE was trading at 25 sats too and was DOGE dead? Nope, it can happen with EAC too, when stupid coins like batcoin suddenly had a marketcap of $800K then i'm sure that EAC can do that too..

Can't believe how dead this coin will be soon...I guess we'll have our first popular stable cable when it reaches 0 satoshi... Sad I bought in at 4400 satoshi.