[ANN][EAC] EarthCoin *SEEKING NEW EXCHANGES - HUGE VOLUMES BEING MISSED! - page 412.

Trafficlearn

sr. member

Activity: 280

Merit: 250

Quote from: TheCryptoManiac on January 03, 2014, 09:23:35 AM

Quote from: Kergekoin on January 03, 2014, 05:23:25 AM

Quote from: blacklig on January 03, 2014, 05:16:19 AM

Quote from: d0d0 on January 03, 2014, 05:12:15 AM

I guess price will drop pretty hard after 2X-day.. when pools/miners are done dumping.. Angry

Why do you think so?
Diff grows up 2x, so with 2x payout rate, you just end up with same amount of coins as mined before this bonus day..
This bonus day is not that good for miners, but its nice that it again sparkles EAC comunity, lot of buzz around it again and it lurks some new miners and users who discover true value of EAC

I think it is great idea..

Statement not true. You may be getting same amount of coins because net hash rate and diff is doubled, but market will still have 2x more total coins on this day. This means, theres likely to be 2x more volume on selling side.

At this point, there are far more profitable coins to mine and dump. I think EAC miners are holding for value instead of a simple dump. It wouldn't make sense to mine and dump at these prices. Just my opinion.

I had to switch last night and jumped on a new coin....will mine it the rest of the day then dump and go back to EAC.....trying to decide how much EAC is enough to go long with and still pay the bills Wink

TheCryptoManiac

newbie

Activity: 15

Merit: 0

Quote from: Kergekoin on January 03, 2014, 05:23:25 AM

Quote from: blacklig on January 03, 2014, 05:16:19 AM

Quote from: d0d0 on January 03, 2014, 05:12:15 AM

I guess price will drop pretty hard after 2X-day.. when pools/miners are done dumping.. Angry

Why do you think so?
Diff grows up 2x, so with 2x payout rate, you just end up with same amount of coins as mined before this bonus day..
This bonus day is not that good for miners, but its nice that it again sparkles EAC comunity, lot of buzz around it again and it lurks some new miners and users who discover true value of EAC

I think it is great idea..

Statement not true. You may be getting same amount of coins because net hash rate and diff is doubled, but market will still have 2x more total coins on this day. This means, theres likely to be 2x more volume on selling side.

At this point, there are far more profitable coins to mine and dump. I think EAC miners are holding for value instead of a simple dump. It wouldn't make sense to mine and dump at these prices. Just my opinion.

mrbrdo

full member

Activity: 144

Merit: 100

Yeah this X2 and X5 is good on paper, but in practice not so much... I was getting way more coins before X2 started. It's almost worth it for me to switch to something else until tomorrow.

Kergekoin

hero member

Activity: 546

Merit: 500

Looks like my decision to dig other coins today is paying off just nicely.

All that glitters is not gold
Often have you heard that told:
Many a man his life hath sold
But my outside to behold:
Gilded tombs do worms enfold.
Had you been as wise as bold,
Young in limbs, in judgement old
Your answer had not been inscroll'd
Fare you well, your suit is cold.

skywave

sr. member

Activity: 420

Merit: 250

"to endure to achieve"

Quote from: professorY on January 03, 2014, 08:08:20 AM

Quote from: 1Kb on January 03, 2014, 08:02:23 AM

Why is random better? I can see that people are reading and posting because it is an X2 or X5. So i guess that is free advertisement.

Exactly. That's the real value in the x2/x5 thing, IMO. Gets more people involved.

I have to say, I've been really impressed with EAC so far. It has a top notch name/concept, brand-wise, it looks amazing the dev team seems to have a distinct plan, and the community is growing at a natural, organic pace (rather than at an insane rate like some newer alts).

I really think this one will be around when the dust settles.

I understand your reasoning - yes then it becomes more popular and more people will mine it - BUT - that is just miners - a closed circle of people on the planet so to speak..

The real strength of EAC - or any coin for that matter - is (as you also touch) the 'public face' of the coin:
How can people, who have no idea of mining, get to know of, get hold of the coin and use it? In an easy and convenient manner that is..
The coin which can achieve this will be the big winner.

meade16

full member

Activity: 182

Merit: 100

Quote from: professorY on January 03, 2014, 08:08:20 AM

Quote from: 1Kb on January 03, 2014, 08:02:23 AM

Why is random better? I can see that people are reading and posting because it is an X2 or X5. So i guess that is free advertisement.

Exactly. That's the real value in the x2/x5 thing, IMO. Gets more people involved.

I have to say, I've been really impressed with EAC so far. It has a top notch name/concept, brand-wise, it looks amazing the dev team seems to have a distinct plan, and the community is growing at a natural, organic pace (rather than at an insane rate like some newer alts).

I really think this one will be around when the dust settles.

I agree, it's well worth mining right now.

buddynuno

hero member

Activity: 644

Merit: 500

Bcnex - The Ultimate Blockchain Trading Platform

Quote from: professorY on January 03, 2014, 07:34:51 AM

Quote from: morphers on January 03, 2014, 07:27:45 AM

I just hope that when the time comes for 5X day that we don't get a 10x increase in network hash on that day only to get half the coins again vs 1X day.

That's probably exactly what will happen. You can't expect people not to rush in when they think there's something extra to be had. Human nature.

Human Greed more likely m8

professorY

sr. member

Activity: 364

Merit: 250

Quote from: 1Kb on January 03, 2014, 08:02:23 AM

Why is random better? I can see that people are reading and posting because it is an X2 or X5. So i guess that is free advertisement.

Exactly. That's the real value in the x2/x5 thing, IMO. Gets more people involved.

I have to say, I've been really impressed with EAC so far. It has a top notch name/concept, brand-wise, it looks amazing the dev team seems to have a distinct plan, and the community is growing at a natural, organic pace (rather than at an insane rate like some newer alts).

I really think this one will be around when the dust settles.

skywave

sr. member

Activity: 420

Merit: 250

"to endure to achieve"

Quote from: 1Kb on January 03, 2014, 08:02:23 AM

Why is random better? I can see that people are reading and posting because it is an X2 or X5. So i guess that is free advertisement.

random is better because:
- now the x2 rewards does not give the constant miner any more coins than normal due to the higher extra power on the net - and diff rise..
- with a random reward you will have only those who are mining constantly - every day - getting extra coins - because hashrate would be fairly constant and diff as well

1Kb

full member

Activity: 224

Merit: 100

Why is random better? I can see that people are reading and posting because it is an X2 or X5. So i guess that is free advertisement.

morphers

newbie

Activity: 37

Merit: 0

Quote from: skywave on January 03, 2014, 07:38:57 AM

would have been better to make the x2 and x5 random blocks like with a few other coins

Yes, Random is better

meade16

full member

Activity: 182

Merit: 100

Come on EAC, I have a dedicated rig singing here Grin

skywave

sr. member

Activity: 420

Merit: 250

"to endure to achieve"

would have been better to make the x2 and x5 random blocks like with a few other coins

professorY

sr. member

Activity: 364

Merit: 250

Quote from: morphers on January 03, 2014, 07:27:45 AM

I just hope that when the time comes for 5X day that we don't get a 10x increase in network hash on that day only to get half the coins again vs 1X day.

That's probably exactly what will happen. You can't expect people not to rush in when they think there's something extra to be had. Human nature.

morphers

newbie

Activity: 37

Merit: 0

Freakin Stupid that people swoop in to mine on 2X day, only to make everyone get less than the day before on the same hashing power.
I just hope that when the time comes for 5X day that we don't get a 10x increase in network hash on that day only to get half the coins again vs 1X day.

sussex

hero member

Activity: 658

Merit: 500

Lol, having a double reward day has resulted in me getting half as many coins - glad I've been mining for 72hrs previously Wink

EDIT: Actually, I'm getting a bit more than half, but the sentiment is the same.

monodromos

newbie

Activity: 11

Merit: 0

Am I late?

eTt4nYRdcjc2pa2Yn4WgUwr2yvUAoCpcAi

Happy New Year Earthlings!

mattbigblue

full member

Activity: 182

Merit: 100

Block Reward   Diff   EAC/24h
20850     83     12380,77789
10425   41,5     12380,77789

2x diff, 2x block reward, same ammount of coins, today is day like everyday, just double net hashrate

Kergekoin

hero member

Activity: 546

Merit: 500

Quote from: blacklig on January 03, 2014, 05:16:19 AM

Quote from: d0d0 on January 03, 2014, 05:12:15 AM

I guess price will drop pretty hard after 2X-day.. when pools/miners are done dumping.. Angry

Why do you think so?
Diff grows up 2x, so with 2x payout rate, you just end up with same amount of coins as mined before this bonus day..
This bonus day is not that good for miners, but its nice that it again sparkles EAC comunity, lot of buzz around it again and it lurks some new miners and users who discover true value of EAC

I think it is great idea..

Statement not true. You may be getting same amount of coins because net hash rate and diff is doubled, but market will still have 2x more total coins on this day. This means, theres likely to be 2x more volume on selling side.

paulus51

sr. member

Activity: 616

Merit: 321

Quote from: Mikellev on January 03, 2014, 04:46:25 AM

Lets go: best pool is going 2x: http://eac.poolerino.com

yea thanks m8 the best pool ever invented !!!

my eac : eY4WcL4tfDmyCeu5Y4SJ3ztHEiJeVRHS6H

Topic: [ANN][EAC] EarthCoin *SEEKING NEW EXCHANGES - HUGE VOLUMES BEING MISSED! - page 412. (Read 840369 times)