folks, i have a few questions.
when i try to draw the eac-course for the next two month, how can it -not- be under 0.000002?
when and at which point do we have a breakingpoint?
-As far as i know is Earthcoin beeing manipulated at coinedup and on coinex, so it looks, like it is bumped on purpose either because someone is afraid of its concept or wants to get rid of all eac before its tending to zero.
So. If (im not an expert nor sure about that) there is no profitable trading, but the people keeps mining, where at which point does eac increase value?
I'm asking because i dont understand and not because i have a hasty opinion or so. Just inform me please
It depends on supply and demand.
The demand grows when the general public takes notice of a coin (like promotions, able to buy stuff and such) That is what the EAC team is trying to achieve via the community.
The price however is based on "what do you think it is worth" and "am I missing the boat here (or maybe better fear)". So when more people are wanting the coin, the more money it will attract and the better price it will get. No matter how much is dumped, if the demand is on par with the supply nothing really bad will happen. (So if the pre-mine is being dumped smart, the market won't notice it)
For what I have seen so far regarding the EAC team, they are treating the EAC coin as being a company. A company for a example has a mission statement, has its investors (either premine or external) and is trying to gain a market. And that last part is where the price will be coming from. So if you feel confident about the coin and understand where its pro's and cons sit, and not to forget trust the team, you might end up with a profit.
On the short term however, the big influence are the big markets. Usually when a coin starts and a big market opens, there is a strong price fluctuation. Mainly people selling in bulk and the big miners switching to the coin and dumping their coins as soon as they have them. Again supply and demand.
Currently the BTC is fluctuating drawing a lot of attention leaving the ALT coins behind. It also shows that people withdraw they BTC/sell their alts to make profit of the high BTC.
So whether this coin will make any money soon will depend on marketing on the long term and on the very short term on a big trader where people buy as much as possible and then dump as much as possible.
Btw, when you read about pre-mine and dump by the owner, this happened a few times but for sure not on every coin with a pre-mine. The easiest way to tell whether it will be a pump and dump is to see the effort a developer and the team around him are spending on the marketing area. The disadvantage however is the age of a coin. The younger a coin is, the harder it will be to show good intentions leaving the dev and his team to be an open target. (therefore never spend more then what you can miss on any investment you can think of:)
P.s.
Regarding the smaller markets, The longer they stay out of big markets, the more the coin is spread among smaller investors. The unfortunate part of smaller markets is the volume. Low volume means that anyone with a moderate amount of BTC can either buy a lot influencing the price, or assume that due to low volume, setting a sell/buy wall will scare people in the opposite direction.