Topic: [ANN][EAC] EarthCoin *SEEKING NEW EXCHANGES - HUGE VOLUMES BEING MISSED! - page 276. (Read 840369 times)

the only coin that made money on the long term was bitcoin. if you own anything else make money while you can folks.

Just a stupid thought. Are there any plans to just go to a city center and just hand out paper wallets with a few coins on them and an instruction how to use them/translate them into other values?

I personally like the speed of the drop, it suggests passion on the downside and is usually indicative of a reversal.  A general slow sloping downtrend means only one thing - no interest.  Sharp drop means interest, just passionate negative interest, which interests me as a buyer and holder.  Something to think about.

I don't mean to be that guy, but we had some EAC folk over in the lottocoin thread talkin bout how eac was soo good and how eac was immune to this type of thing and how when it hit cryptsy it was gonna skyrocket and blah blah blah. It's a new coin, its now on coinwars, and at these prices it's still fairly profitable to mine.

This is also a high volume coin, untill coin production lowers the price is gonna drop. If you're a true believer in EAC, ride the waves, use the drops to double your holdings and take coins from the miners/panic sellers. This is the cycle of these new coins, money doesn't come from no where, of course in the early days they were more valuable because they were harder to get, now that they're on cryptsy every trader and their dogs can get them and miners can easily mine and autosell to pay the bill.

Conclusion, if you're in it for the money always dump early, price is never gonna go up when more and more coins are entering the market. if your in it for the long term, find ways to take those coins from the people who are just trying to get paid.

Best of luck to all of you, happy investments.

which is current difficulty?

The psychological framework of what is required for EarthCoin to be worth anything?  It is a GREAT question and topic of discussion which should be moved to the EarthCoinTalk Forums soon.

I went to 10 different stores yesterday and bought a coffee, another coffee, a sandwich, took a cab, etc.  In each of these scenarios I asked the operator if they accepted EarthCoin?  None did, half asked what it was and so I name dropped EarthCoin a few more times in the delivery and went on my way.  That is how you create value although none of you saw that reflected on Cryptsy.

We need to understand that in the beginning of the life of EarthCoin, its stewards are the miners.  They bottle feed, burp and take care of the coin and maintain its integrity and in return they get appreciation for their love in the form of EarthCoin but it is essentially valueless.  It has the ability to develop into a bright mind and yield dividends later in life just like a child.  Later in life meaning around the time it reaches adult hood, which is around the moment of the havling of the money supply where the tangent line of creation begins to decelerate and the reward starts to be produced from the trading of the coin itself.

Through adolescence and its teenage moments it must be taught, educated and definitely exposed to travel and culture, religion, volunteer work.  All of it.  The miners become less of a role as the collective community of "adults" becomes more involved at which point eventually, the coin becomes self-sufficient and begins to yield results on its own.

So If I were to suggest a psychological framework this would definitely be it.  Hope the analogy isn't too crazy! Haha

Mathematically we can avoid that qualitative reference and focus more on the numbers and it is quite easy.  You must of course make some assumptions like the total base of collective participants being around 5000 people right now (not sure what it is).  Then you take the daily USD traded volume in a rolling 24 hour period and divide it by its market cap to get the percentage of turnover.  Today that is at about 2%, yesterday it was at about 10%.  What this number tells you is the average amount of days to have a total turn over of the market cap, suggesting a total turn over of psychology for a longer term time horizon.  Eg, people buying today are looking to next week where people buying last week wish to leave now.

So at a daily turn over of 2%, it would take roughly 50 days to turn over the entire market cap, suggesting over the course of the year this could only occur 7 times (350 days) which would suggest that in one year at 2% daily turn over, the amount of collective participants involved in EarthCoin would be approximately 5000*2^7 or 640,000 people.  Who knows maybe there are only 2000 people with EarthCoins now.

The calculus comes in to play with the daily variability of the USD trading volume and the variability of the creation of the money supply further complicated by the complex math of the creation of the money supply.  It can be modeled but requires some time of course, as well you would have to be able to find out with some reasonable certainty how many people you are starting with and it could be built upon to offer a little more statistical significance but in essence that is a quantitative way of measuring the psychology above.

And the WHOLE POINT of it, is to determine the rate of growth of adoption.  How do we get to 5 million people trading EarthCoins.  It is a big job.  Rather where is that number that the coin begins to yield dividends.  That was fun.

Can't use the new account for pm's yet need more posts

2 mins auto payouts and manual on request with low fees so no need to worry.

I can understand where your coming from but this account was only setup for mining coins so hence the name

Millionaire question, where is the bottom... Now as the price sinks we can make huge profit but only if the bottom will be hit well.

100? 50? 10? One troll? 0?

Bottom at 50 = profit 2 times when price gets at least to 100.

Bottom at 10 = profit 10 times...

A question is if the price bottoms soon or just will it take few days until x2 and x5 rewards (really badly timed) appear - they may increase only 2 things - diff or dump.

And one big warning,

dump = going BELOW real price
dump end = QUICK price spike because people start panic buying to get unsuccessfull rebuying sells back.

+1

Well, going from 64 to 14 (i admit over several days) is still a lot in percentages. But also, if you look at the math I did, the price can only be sustained if enough money would be put in the system.

36 hours ago. I predicted everything!

don't sell so low...give me all your coins for free! it's a better deal

eUdZXoxYPocANhHiVBoUxZJRSYN55m1tFK

You might want to consider changing your username.  MoneyGrabber.  It's like a premonition of what's to come.

Panic is in da house ...
I will buy low, sell later or keep them as a souvenir

some stupid miners sell low or buy high sell low ?
this is too low for sell ,hold or nothing
DEV dump prime ?
too fake price with this diff  

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I hold my EACs and still hoping for the best

yes but Lottocoin was over several days not like this.

yup, the same happened with LottoCoin

do you know any other coin falling so hard and fast? it will be under 100 in a few mins

people selling now must be crazy, i'd rather give them for free

if it will ever hit 200 again i will sell 80%