No demmand. why?
-Devs owning around 30-40% of the current coin circulation.
-The coin is easy to mine. Around 2ghs+ networkwide. With 10mhs you can get up to 40-60k eac a day.
-Block halves next year or probably december this year, so you can dump it and mine it back easily. dump to buy extra hardware and mine it back with 2x hashing power.
-No striking difference from other scrypt coins. Dev is pushing faster transaction. ahw.
-No Innovation = No Buzz.
-Like someone said above, its hard to market BTC/LTC on local shop and stores, so dev shouldn't focus on that, they should innovate to attract acceptance.
you blind. why?
- Devs own what they own, but at first day, it was like 100%, few days later, price skyrocketed, even though devs at that time still had like 90 or 80%
- Sure, coin is that easy to mine
so mine it for yourself.. actually mining of EAC is not that profitable now.. with 10 mhs rig you get around 45k per day, on current price which is around 250 satoshi, you earn 0.1125 btc / day, put your rig on Pump and Dump Coinyecoin and you walk away with like 0.5 - 1 btc per day, depending how dumb buyer you find
- sure, buy HW with 2x hashing power from few days of mining
you obviously dont have clue about scrypt mining, availability and prices of HW
- true, but then there is only litecoin.. and actually.. why should be litecoin be number 1? It pretty sux in my eyes, I like EAC more.. its faster, fresh, has great support... nobody cares of litecoin today.. even its creator Lee is running coinbase.com exchange for btc only, which I dont really understand..
- ha, EAC with its android app launching soon will be very close to be adopted on wider range.. imagine having QR code on goodz, scan it with your phone and have transaction confirmed in few seconds.. that is EAC... and this applications are actually what makes difference.. on other coins, no one gives a fuck whether it has apps or not..
10Mh/s hardware, in europe (i'm in Italy), cost around 7000$, that are 8.5 BTC that are 4250000 EAC. 10Mh/s rig has a power consumption wich is around 3.5/3.8 Kwh, each day, that are 18$ day that are 0.022 BTC that are 11000 EAC day. so for double your hashrate, u need about 125 days of mining at the actual diff. not so easy like u think....
(used: BTC/USD exchange: 820$
EAC/BTC exchange: 0.00000200
10Mh/s rig mine 45000 EAC day)