Topic: [ANN][EAC] EarthCoin *SEEKING NEW EXCHANGES - HUGE VOLUMES BEING MISSED! - page 283. (Read 840369 times)

Faith.

That's what it comes down to.  Everyone here in this thread, from those that have been here from the beginning, to those that caught a ride along the way.  You just need a little bit of it.  As a wise man in this thread once said investing is like gambling.  It is, but there's one major difference.  With conventional gambling, you stand to obtain a value, whether it be money or gold or a product.  With investing, it's something more.  You bet more than just a commodity.  You bring your faith and belief to the table.

Everyone who spoke well of Earthcoin, you believe.  You're not foolish, you see what's in front of you, and you know it is good.  In the face of fear, did you dump?  Was profit or "breaking even" more on your mind than the future?  If so, why?  Are you in such a dire situation that you need that money, right here and now?  Was it worth it?  Worth throwing away the chance of what could be?  Where will you go after?  Hop on the next train that seems mildly promising, hoping to win big and repeating the same mistakes?  Those that don't learn from their past are doomed to repeat it.

There will be people that will tell you that it's too good to be true.  People that will tell you to give up.  There will ALWAYS be naysayers.  But it's belief in something that allows you to hold steadfast in the face of adversity.  Are you strong enough to stand?

In the world of investing, fortune smiles upon the brave.  The greatest investors in the world know that secret, and stand behind what they KNOW is good.  Sometimes it doesn't work out for the best, but those who don't stand for something fall for everything.  Don't forget that.

If you have time to humour me, I'd like to see the math. I'm not doubting you, as what you describe roughly jibes with what I've been observing for the year and a half I've been involved in crypto. I just haven't seen any real modeling of it. I'm not a great mathematician, but I do like trying All knowledge is good knowledge...

At least the price doesnt move too radically. Except typical craptsyspike. The most killing for new coins is price shaking, due to instant retarget, is EAC relativelly immune to that.
I agree, the price depends on real basements and real work. Our small metropolitan network may accept earthcoin, if it survives first months, i will decide to use EAC for propagation of our network and later maybe it will be seriously taken as online payment (giving some users possibility to pay the bills hidden allowing giving them special price - we cant give any rabats due to laws, we dont pay taxes but we cant give another than one universal price for our non commercial "product").

EAC has many advantages what other coins dont offer, dont forget.

But its hardly shadowed by the explosion of crapcoins, if the developers and promoters hard work will steady continue, it may be everything OK. If they dump their premined amounts and leave the ship with big haha, it will die, of course. Its a startup project as everyone else but i think people are so much blinded by pump-n-dump coins, ponzi schemes, etc. that they ignore the real purpose of virtual currencies - to circulate and create transactions and gain value primarily by transactions, not by gambling, pump n dumping or technical manipulations which never give any more value than dogs poo.


Yes and one good advice - bitcoin got big, why? Because the first adopters were... enthusiasts, mafians, growers, smokers, dreamers, black traders and fiat/bank-system-haters. Think about it. Dont say to public anything like "faster and cheaper way how to move your money for ganja" but let these people as early-adopters to get attracted. Just nondirectly, compare BTC transaction price vs. EAC, compare BTC transaction speed vs. EAC, it will be enough. BTC is like a crowded 2 way road with high toll, EAC (but 20 percent of competiting altcoins too also) is an empty 6 way highway with symbolical toll and boosters... This is the main way to promote it.

Bad way: Buy eac, because its cheap. Buy EAC because there are 9 developers behind it, maybe. Buy EAC until it gets to the moon. Sell now, regret later. Pump EAC.

Right way: Use EAC because its fast. Use EAC because it has the potential to be one of BTC descenders. And dont forget to fully utilize good marketing, the marketing will sell our EACs and let them grow up. Not now, but maybe in few months. When the situation with bitcoin slowness will get unbearable and limiting (approx. end of 2014). Ya and of course, many months after this pathetic bubble of crapcoins, ponzi-scheme "PoW" and "PoS" 2nd/3rd non mining "bitcoin descenders" and another really wild things based on everything except real work and value.

Stay focused on the prize and build the community and forget about the price.  The reward will come naturally.  iPhone apps, Android apps, Facebook pages, reddit, IRC the eu forum, and earthcointalk.org.

This is where the value lies as well as the merchants directory that is coming soon to benefit the miners and allow them to buy some of that crazy hardware directly with their EAC's.

Nice job everyone, do not be dissuaded by price fluctuations, it is insignificant and necessary to change over the investor mentality dispensing with short term thinking.  It is natural.

Oh, Hai.

Hehe I do not do this for fun guy.  My warning to the board about the precipitous price drop was my gift to you as well.  This is not a hobby for me.  Pay attention.  Crypto-currency modeling is VERY predictable, the math is beyond you so I will not bother but I do wish you lots of luck.  I support EarthCoin to the max and am doing my best to manage the expectations of the people who really do not get it.  All crypto currencies spend 80% of their life cycle in decline and only 20% of the time on an incline.  80% of the time the decline is 50-80% of value and 20% of the time the spike is 500-1000% of prior value.  Understand what the early adoptability curve represents and you will do very well trading these new instruments.

One thing I learned, there's only one thing that's certain in the crypto world, nothing is certain.

Every time I try to make predictions I'm always wrong. (usually reality is always better then my predictions lol)

EAC prices can go x10 and up starting tomorrow if iOS app is released or EAC got press coverage with whatever big news, or if network hashrate goes + 10.000% or all of those things together.

EAC can die tomorrow if everybody get pissed and just stop mining the coin.

IMPORTANT:

I'd like to ask the community to help us with this:

We have just assigned yet a new person to a new facebook page and put up the like button in our header on the main site.

Can you guys all please give it a like/share to help spread the word please? http://www.earthcoin.biz

Also :: We've had a few facebook pages now, and I think we've already tried to consolidate with no final result until now. So I kindly ask for a few volunteers either from the previous facebook pages or simply those that are enjoying this journey and would like to help keep the facebook page updated while we work on the bigger picture stuff.

Perhaps even the team that's looking after earthcoin.eu, you guys are doing a great job maybe simply cross post from the news feed site right to the facebook page.

Special thanks going to out lucoia for setting this up and getting some advertising going for us on facebooks ad inventory (great targeting has been set too). If you'd like to be a part of the fb team please reach out to him for admin privelages etc.

We also already have a bunch of twitters setup however if anyone wants to actually look after one and cross post it from the newsfeed site as well it might be warranted so we can also put up a twitter button on the main site.

I like the prophetic tone of your post thanks man, I needed a good laugh.

The price will obviously drop lower.  I would have preferred to stay off crypts for a while.  You have to understand the mechanics of the buy and sell side to understand what makes a coin valuable.  You could do a doctorate on the subject, it is actually quite predictable.  EAC will languish for 8 months and will spark a little life around September leading into a nice 800 Satoshi climb by late November where I think it could hit 2 cents by January 2015.  At least that is my play, it of course must continue to trade and build assets and that is what will allow the coin to succeed and survive.  Education people, intangible effort that manifests in profits much later.  I was going to slow the excitement down a bit last night but you guys seemed excited.  Now we have to clean up after the party and get back to work.

You have said goodbye many times already.....what's it going to be?
THIS is your problem....you don't know when enough is enough.....

ok whatever , bye

Here is where eac and its community went wrong, people here didn't want it on cryptsy right away. Example, 42 coin launched and within a few days it is on cryptsy and value has risen 50X.   That is what you do if you care about maximizing profits. Noone at 42 coin has a problem talking about miners selling for profit. The coin was designed to make money, not buy carrots.

Too bad people here were more interested in bashing miners like myself for wanting to profit, and swearing, talking about walking on my dick, they said go to hell, good riddance, etc etc etc!!!  Serves you guys right, if you had concerned yourselves with what was right for the coin and that was get it on cryptsy asap, but no, you didn't want that and now you have a coin dropping in value everyday. I am glad I was smart enough to liquidate and move on to profitable coins. Guess what, all the other coins think value going up is good and price dropping is bad. Here people said I had the mentality of a 16 year old for thinking price dropping is bad and price going up is good.  Karma is a bitch. Seems stupid to make an enemy of the people who mine these coins and support them, without miners no coin would survive. Peace out.

you have your perspective and i respect that, but i firmly believe it will crash within a week. we'll see.

I was an early adopter of EAC when it first started at 400. I am losing a lot right now currently but I'm hoping for the best in the future.

I will wait for the next announcement to see how the price reacts...

well I am dead on so far right? I predicted sub 200 tonite or tomorrow, we are now at 193 and still falling. Trust me when I say we WILL be at 170 by thursday if not sooner and then 150 one week from now. There is just no buy support at all. Everyone is dumping because it took too long to get on cryptsy and people moved on and lost interest. This coin will stbalize around 120 and hold there. I am glad I finally pulled the trigger aand dumped all mine between 210-250. It hurt because I thought we would get a spike from cryptsy, that never happened.When I saw this morning noone was buying and there is no enthusiasm, I knew we were in trouble. Good luck to you longs, keep holding!

Children, children, I told you yesterday we would go right back to 2/10 of a penny.  This is the rate of absorption of the money supply at roughly $34,000 USD per day.  Magnificent if you ask me.  EarthCoin should stay around this price for about one year.  At that time of 7 billion coins it will be worth a market cap of 14 Million to 20 million dollars.  As long as the base has widened to hundreds of thousands of people, when the money supply creation is halved there will be a huge adoptability spike.

So If you wish EarthCoin to exist and be something other people must know about its benefits and abilities.  It is that simple.  I would not expect any price rise on the coin for quite some time.  It is simple math.  Manage your expectations accordingly and you will be very happy in the end.

LOT was a pump and dump shitcoin from the beginning. Do you really think it would have a future had it not hit Cryptsy?
Also, look at the LOT buy orders on Cryptsy - 15. No one wants it. Now look at the hundreds of EAC buy orders.

oh yeah. i'm really happy.
if someone wants to buy, need someone else wants to sell.