To EAC Devs,
Please talk to the host of Middlecoin. His relentless, brief rapes of EAC have ruined mining interest by spiking difficulty, making mining worthless, and no one knows when to buy or sell because of their mass dumping of several BTCs worth. EAC is not even close to one of the most profitable to mine most times, but they still rape it regardless. They want it dead.
Check this out, my address at MC. On friday, you see where my balance goes straight up? MC finally dumped most of their 5x coins. You may recall this was the moment EAC tanked and a pumper was warring with a dumper (MC).
http://middlecoin2.s3-website-us-west-2.amazonaws.com/reports/175juTRPfiAMxjLfGMtA7QDJPn3YLqPkt1.htmlIf they don't stop this raping, I am afraid I may never care enough about this coin again to see it to fruition.
Such is this ecosystem - there will always be a radar detector for radar detectors for detectors of radar detectors for...... . .. . We have no advantage/disadvantage compared to other coins, our block type/random helps but I doubt me reaching out to any automation system asking "please stop playing with our coin" is going to do much other than potentially ask for more of the same. In time I'm sure variables will change. I don't tend to give MC that much credit, and or they can do the same to any/all future and existing coins.
The team is excited and we're doing a lot of stuff here that will be reflected on the front end in the coming weeks - we ask for everyone's patience while we develop and rollout the new tweaks and assets.
Thank you for the swift reply. Yes, sadly, not much can be done. If he were respectable, he would stop, but he is not. This coin's constant difficulty updates have made it a more viable option for them to abuse. They just steal a few blocks, leave, and the difficulty is back to low in a few minutes. They then repeat to other coins that have low readjustments. Such a catch 22, as too high could risk freezing a coin. There is just too much supply. I want to mine, but because of them I might as well mine anything else and buy EAC with the proceeds.
I would also like to note that the 2x and 5x have invited the wrong kind of crowd (pumpers, dumpers, minesweepers) into EAC too early in it's lifespan. You get people who don't give a damn showing up with 16mh/s-100mh/s rigs, plus middlecoin, all pumping and dumping, bombing the difficulty to hell while selling all the 5x at twice the price of what 1x and 2x were going for. It's no fun.
If someone is a pro and knows how to stick a wrench in MCs gears, that would rock.
(edit: nothing illegal, to clarify. just realized this sounds bad)
I wish they would at least split their hashpower over three coins. Might be all it would take.