Topic: [ANN][EAC] EarthCoin *SEEKING NEW EXCHANGES - HUGE VOLUMES BEING MISSED! - page 268. (Read 840369 times)

That was me buying @ 120

+1  (myip) &  +1

double bottom, pump, big walls, message from devs, ... all at same time... Hey, insider trader was here

However down again we go. We need a trollbox to the BTC/EAC market, its funny to watch it. One guy with 10BTC and price moves like rollercoaster.

Buy walls slighly above 100 now.

Update: excellent investigation zukii. But try to investigate the first blocks really mined, they were mined when pools were crippled. Instamine dump is much smarter and harder to detect than premine dump.

Can we signup anywhere to help beta test?
I would test the android wallet and gladly show it off to all and sundry  


ps Dont let em get to yer pal.
cheers for the update.

Very true.

I did a bit of research into the premine and thought I'd share it with people because I found it pretty interesting...

A lot of the premine hasn't been spent or even claimed! It's been sent to addresses that haven't even received it yet.

All of these examples have been taken by following block 1 (with 270,000,000 premine in) through all the transactions until the end of the chain.

First 50m
Second 50m
40m Unclaimed (the ~10m output ends up unredeemed)
Third 50m
Some 18.5m unclaimed

There are a few more:
~15m
5m #1
5m #2
~4m
2.5m

This all tallies up to a massive 240,000,000 of the original 270,000,000 premine that hasn't even been touched yet.

One thing I got from this is that it isn't the dev that's dumping... Most of the transactions leading up to the last one with the unclaimed amounts were small amounts that looked like giveaways with a few bigger transactions of a couple million to what could be personal accounts (and one exchange where it had a LOT of inputs/outputs).

The only bad thing that you could perhaps take from this is that only 30,000,000 out of the 270,000,000 has been spent (on giveaways and perhaps some on personal too, I have no way of knowing what was given out and what's been kept/moved around by dev etc obviously).

Thought it was interesting and would share with you guys.

Disclaimer: This is all my own research and opinion, draw your own conclusions from it.
Edit: Could also have missed some transactions in my search so that more is unclaimed than I have stated

Thank YOU !
I can't wait for the device apps (and iPad thingie ;-) !

I'm afraid they do, they get them everytime, an endless supply on newbies arriving daily.

Pump accomplished and buy walls disappear again. People keep falling for it over and over.

Fam:

* I owe you guys an apology, did my best to sign up here and be the intellectual I am without letting trolls or baiters get to me. Seems I have failed you miserably in that dept, and since signing up everyone on the team has unfortunately let a few things get to us to the point of reacting negatively when that goes against our golden rule in this environment, not be emo. So, I apologize for feeding the troll despite the temporary satisfaction I got.

* Reassurance: This is a true free market, I cannot offer guarantees or reassurances, I cannot predict a low, I cannot expect you guys to simply be pacified when the price drops no matter what I or the team say.

WesandEAC has given you guys the most valuable info you'll read in this thread, I'd re-read it - I cannot (as much as I'd like to) promise that this or that will happen re value or price. What I CAN say is, the team is doing everything they can to keep moving forward. Critics? Trolls? Delays? Flashdumps? Fear that we're not updating the thread 20 times a day? Not going to stop us. Price of btc drops by half or more there is nobody to run to, same here, we cannot control the price, YOU collectively control the price much more than we can. You're all in for a long journey, or you're gone before giving it the time and respect it deserves and doing your part. I am a trader as well, I understand your woe's, I'm also concerned with our efforts going to waste while still gunning forward however it's all for a calculated risk of a BIG win in many ways downstream. That and all members of the team are use to waiting for our investments to grow and mature, so it's not hard to simply 'keep working' and not let these dips scare us into a frenzy. We understand that's not how everyone trades or works, however it's important for the core team to have this vision, and we do.

* Coming Up Next: The devs responsible for the device apps are working on them, beta testing, creating final files, etc.

* We have an iPad version also coming out now for one of the apps (I don't want to speak for them re timelines so I'll say (bigvern voice) 'soon').

Thank you.

Buy walls playing musical chairs again on cryptsy.

First off I am no expert, as a long time miner short term exchangee this is just what I have figured out from watching the trends on low volume markets like EAC.

The basic premise is if you want to artificially depress the value place a large multi BTC sell order at or just below the current market follow this with a few smaller sell orders below your main wall.
this then has the tendency to reset the baseline sell order as other sellers are forced to sell below you large sell wall.

This is somewhat risky as volumes increase but the tell tale sign is multiple large sell orders 1 satoshi apart alll hitting the exchange sequentially.

This might be a hint. Every critical post gets ignored and every "I think the price will rise tomorrow when it will hit cryptsy, because that's all because I am here" gets quoted all the time. This might be many pages here, but what are they about? There are many people who just hope for the price jump to sell.

I might be wrong, I wrote "maybe", but we should more discuss how it will rise tomorrow.

PS: I repeated myself just as an experiment. How often do I get ignored.

Now craptsy high above coineudump, i will test the guy with buy wall at coinedump, going above his bet... Now he has 3 choices - go above us (that he wont probably do), sell us some cheap EACs or stay and hope.

There is nothing really strange anyway, that bottoms looks in line with the overall difficulty, math is with you: http://eac.cryptocalc.io/#

109 guy on cryptsy is moving up from 109 to 115

I have no problems with that, i made safe 10 percent increase just by arbitraging craptsy - coinedump. But now its not possible, the spread is too low and coinedump is not liquid  

Huge pump at craptsy. You are probably right, someone holding buy wall low at coinedump and eating out craptsy and hopes sellers will look at coinedump price but i must warn them, these prices are invalid, no deal here since last 15 minutes, im still holding the lowest sell offer and nothing happened.

its no coincidence that this behaviour is being used openly to force down the price while simultaneously there are 3 new EAC bashers here repeating themselves continuously!

we have defiantly spooked someone and it must be costing a pretty penny to continue loss making sub market sell orders while paying these trolls to hang about talking craps ad infinitum....

can someone explain the buy and sell wall stuff to me?
I think I get it,, however, better to ask than be sorry  
_{or is there a faq for that?}

that 105 and the 109 on cryptsy are the actual bottom, I especially followed the 109 one on cryptsy... those last hours, at the begin he was trying to find the bottom he was changing that 1.6btc buy a lot, then he seems to have found it at 109 and it's hanging... it's about 2-3 hours.. now is on top, very curious to see what happens now, he already bought a few, and repopped to 1.6btc in the past hours

at coinedump is the wall really high, over 7 BTC. Looks like someone lures sellers to that walls and does a big arbitrage.