[ANN][EAC] EarthCoin *SEEKING NEW EXCHANGES - HUGE VOLUMES BEING MISSED! - page 71.

tins

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Quote from: instantskeleton on April 06, 2014, 01:02:23 AM

ATX can't keep that silver on earthazaar, I'm suspect its the same buyers (me included), no prob with that, but EAC to silver is one of the biggest things going for us. It would be good if the silver could stay listed for more than a few hours, maybe auctions with a reserve would be a better idea to keep traffic going to earthazaar, also if the auction is listed for a few days we could post on reddit or elsewhere to attract new interest and show that people are selling precious metal for EAC, if no one knows about it, its impact isn't as significant. any thoughts?

I thought of that earlier. He listed a couple silver rounds on there. I decided to only buy one of them to hopefully let others see it on there and be more likely to check the site more often.
Also, I listed some computer parts (risers and a power supply box). Instead of going to eBay, I will give earthazaar the first crack.
The more of us to do this, the bigger the site gets! The bigger the site gets, the more useful Earthcoin is...great cycle.

instantskeleton

member

Activity: 104

Merit: 10

ATX can't keep that silver on earthazaar, I'm suspect its the same buyers (me included), no prob with that, but EAC to silver is one of the biggest things going for us. It would be good if the silver could stay listed for more than a few hours, maybe auctions with a reserve would be a better idea to keep traffic going to earthazaar, also if the auction is listed for a few days we could post on reddit or elsewhere to attract new interest and show that people are selling precious metal for EAC, if no one knows about it, its impact isn't as significant. any thoughts?

Biomech

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Anarchy is not chaos.

Quote from: tins on April 05, 2014, 10:51:03 PM

Quote from: instantskeleton on April 05, 2014, 10:19:36 PM

My take right now is we are seeing allot of larger EAC sales, due to last weeks pump, I think we had some new buyers that were looking to make quick money and got dumped on Now they are trying to get their btc back for near their purchase price. I think EAC is far from dead, however Eac will not rise overnight, The supply still out weighs the demand, maybe when EAC halves (?december) we will have a steady rise in price, until than keep mining and holding. A large mining effort from the community with the intention of holding would be good too. Or mining another alt to buy up cheap EAC. People talk about an interest for EAC holders. maybe if we had a mining group that mined a diff alt and sold for EAC, a small % of the pool could be returned to members of the community though earthcointalk.org giveaways. let it be clear I am not a miner so If i'm speaking out of my ass go easy Wink

just throwing out Ideas, I know some of these ideas have already been touched on.

No, that is a good idea. One of the reasons I keep my miner on EAC instead of a more profitable coin is to drive up the EAC difficulty hoping to deter dumpers, just the slightest bit.

This is actually part of what I'm doing. I don't currently have any good way to mine scrypt coins, but I do buy EAC pretty often with what I get in other alts. Most alts are only good for dumping, and that's what I do with them. I'm pretty broke right now, so it's a small percentage. But whenever I have some extra, I buy EAC. And hold it. Though I'm also going to be buying silver with EAC and reselling it at market for BTC, which I'll use the profits to buy EAC.

tins

hero member

Activity: 882

Merit: 500

Quote from: instantskeleton on April 05, 2014, 10:19:36 PM

My take right now is we are seeing allot of larger EAC sales, due to last weeks pump, I think we had some new buyers that were looking to make quick money and got dumped on Now they are trying to get their btc back for near their purchase price. I think EAC is far from dead, however Eac will not rise overnight, The supply still out weighs the demand, maybe when EAC halves (?december) we will have a steady rise in price, until than keep mining and holding. A large mining effort from the community with the intention of holding would be good too. Or mining another alt to buy up cheap EAC. People talk about an interest for EAC holders. maybe if we had a mining group that mined a diff alt and sold for EAC, a small % of the pool could be returned to members of the community though earthcointalk.org giveaways. let it be clear I am not a miner so If i'm speaking out of my ass go easy Wink

just throwing out Ideas, I know some of these ideas have already been touched on.

No, that is a good idea. One of the reasons I keep my miner on EAC instead of a more profitable coin is to drive up the EAC difficulty hoping to deter dumpers, just the slightest bit.

instantskeleton

member

Activity: 104

Merit: 10

My take right now is we are seeing allot of larger EAC sales, due to last weeks pump, I think we had some new buyers that were looking to make quick money and got dumped on Now they are trying to get their btc back for near their purchase price. I think EAC is far from dead, however Eac will not rise overnight, The supply still out weighs the demand, maybe when EAC halves (?december) we will have a steady rise in price, until than keep mining and holding. A large mining effort from the community with the intention of holding would be good too. Or mining another alt to buy up cheap EAC. People talk about an interest for EAC holders. maybe if we had a mining group that mined a diff alt and sold for EAC, a small % of the pool could be returned to members of the community though earthcointalk.org giveaways. let it be clear I am not a miner so If i'm speaking out of my ass go easy Wink

just throwing out Ideas, I know some of these ideas have already been touched on.

Backlash

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Activity: 82

Merit: 10

Quote from: tins on April 05, 2014, 04:56:26 PM

Quote from: Oldminer on April 05, 2014, 04:37:19 PM

You guys can do what you like. I'm buying & mining EAC like a boss atm knowing this coin has a great team behind it and its only a matter of time before I profit big time from it.

I agree. I am buying, mining, and spending EAC.
A few new items are up at https://earthazaar.com/ (some that I put up).

I agree and am doing the same. I'm 90% sure something big is coming for the price of EAC and I'm going to be well prepared.

tins

hero member

Activity: 882

Merit: 500

Quote from: Oldminer on April 05, 2014, 04:37:19 PM

You guys can do what you like. I'm buying & mining EAC like a boss atm knowing this coin has a great team behind it and its only a matter of time before I profit big time from it.

I agree. I am buying, mining, and spending EAC.
A few new items are up at https://earthazaar.com/ (some that I put up).

Oldminer

legendary

Activity: 1022

Merit: 1001

It's all swings & roundabouts.

How many times have we seen a coin shoot to the moon after its been pronounced 'dead' Roll Eyes

You guys can do what you like. I'm buying & mining EAC like a boss atm knowing this coin has a great team behind it and its only a matter of time before I profit big time from it.

rikkie

hero member

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Merit: 500

Richard Coleman - Chief Executive @ CloudThink.IO

Thanks to let me know the faucet.

twospirit

hero member

Activity: 502

Merit: 500

faucet: http://www.thebitcoinmaster.com/earthcoin/index.php

rikkie

hero member

Activity: 574

Merit: 500

Richard Coleman - Chief Executive @ CloudThink.IO

Is there a working faucet at this moment.

monopodman

member

Activity: 100

Merit: 10

Quote from: ?? on ??

But don't you think Devs should be doing more? What happened to incryptex?

If Devs were more active, you wouldn't have an opportunity to buy EAC at 13 satoshi! And if anything, incryptex wasn't supposed to be made overnight. Knowing the marketing, I'm expecting the devs not to announce news until they buy up all the cheap coins. Would be a very smart decision Grin

ATXsilver

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https://earthazaar.com/product/1-oz-999-fine-silver-bullion-coin-2013-american-silver-eagle/

https://earthazaar.com/product/2014-1-oz-999-fine-silver-bullion-coin-african-wildlife-series/

monopodman

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Regardless of the coin community / development, a pure price speculation always takes place. Shitcoins are pumped to enormous market caps, while established legitimate coins are dumped below the ground. If you're bagholding EAC, the best you can do is to buy at the 10-13 satoshi bottom to lower your average price. If you're not afraid to hold your coins, they why are you afraid to buy more and push with the buy support? EAC eventually will be pumped, but all you'd get is breaking even if you don't buy now. Trade smart – buy at the bottom, when very few buy. Sell at the top, when everybody else is chasing the train!

Imagine that you bought 500,000 EAC at 120 satoshi. You paid 0.6 BTC, but your coins are worth only 0.06 BTC right now. You need the price to go back to 120 satoshi to break even.

If you buy 1,500,000 EAC at 12 satoshi, you'll pay 0.18 BTC. Your average EAC price will drop from 120 satoshi to 39 satoshi.
If you buy 3,000,000 EAC at 12 satoshi, you'll pay 0.36 BTC. Your average EAC price will drop from 120 satoshi to 27 satoshi.
If you buy 6,000,000 EAC at 12 satoshi, you'll pay 0.72 BTC. Your average EAC price will drop from 120 satoshi to 20 satoshi.

Math is simple

If following these rules were easy, they won't work anymore. You don't make money if you do the same as everyone else is doing (dumping EAC).
And you won't make money if you buy EAC at the peak when it goes back up to 50-200 satoshi or so.

tins

hero member

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Quote from: heartthew on April 03, 2014, 02:35:49 PM

Quote from: Hyperjack on April 03, 2014, 07:08:58 AM

Quote from: heartthew on April 02, 2014, 04:28:40 PM

Quote from: Hyperjack on April 02, 2014, 10:43:28 AM

Quote from: heartthew on April 02, 2014, 09:06:38 AM

Quote from: Hyperjack on April 02, 2014, 07:44:02 AM

EAC can't sustain the same volume as yesterday w/o a huge price increase! The air under DOGE's sails is starting too fail...I suspect that the whales will be looking for a new project!

Hah, Doge has a LOT more momentum, man.

Wishfully blinded thinking, here...

Still, EAC isn't done yet - it has a big community, and SO MANY services.

BTC goes up, all of the viable alts will too...

I'm not blinded or a dreamer...in fact I bought DOGE at 38 and saw the downside coming at 200!

Someone go to coinmarketcap and tell me that the DOGE market cap is sustainable...then scroll down too EAC and you will see that EAC could explode in your wallet! 30 million market cap compared too 130,000$ and you think I'm blinded? Lol!

Yes, it would seem that way. We shall see.

Still, that damned doggy has twenty times the community of EAC - it is a juggernaut.

You deny it, but many smart folk do not...

Clearly DOGE has been in a down trend when you look at the 1 month chart and smart traders know that if support is broken again it will make 90 the next resistance! That will make the next support level 50-60 with the market cap cut in half. The community know this and hope that Nascar will bring a new influx of suckers too buy...
I don't doubt that "damned doggy" or the intelligence of its community but they are on a slippery slope in desperate need of a trend reversal!

Like I was trying to say, it seems more like wishful thinking than thought out, unemotional analysis on your part.

The people in DOGE have a LOT of money invested, and there are dozens of whales. It has worldwide, mainstream exposure - like pretty much only BTC and LTC.

This is not to be underestimated.

My point is that Doge will go back up again, regardless of a '1 month trend' that coincides with nearly every other coin, all in the shadow of BTC's precipitous drop.

EAC right now is at the end of a seven week downward trend that started before BTC plummeted, and seems to have levelled out.

EAC will likely eventually go back up, and when it does, it will be very profitable for those who got in low (I did) - Doge will DEFINITELY go back up, and when it does, it will be INSANELY profitable for those whales, and less so for the reactionaries.

Goddamned memes...

I agree. It is the doge community that ensures its success.
We are working on these same efforts.
Just need 100 more like centurion and ATXsilver.

Oldminer

legendary

Activity: 1022

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Quote from: Anubite on April 04, 2014, 03:17:24 PM

A perfectly timed switch to Proof-of-Stake and a major pump would send EAC to the moon. Shocked

And once the pump is over what then? What you going to do to the coin next time to 'pump' it? Leave the coin alone. It's just fine as it is imo.

Your just another bagholder that wants to earn interest on his holdings.

Anubite

full member

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A perfectly timed switch to Proof-of-Stake and a major pump would send EAC to the moon. Shocked

CryptoGuy

hero member

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Quote from: TwentyGotoTen on April 04, 2014, 12:34:50 AM

Quote from: ATXsilver on April 03, 2014, 01:32:00 PM

"As an aside, it is quite humorous to me that Auroracoin has a $23+ MILLION dollar market capitalization, while Earthcoin sits only at less than $100K. Now you see the copycats like SpainCoin, GreeceCoin, SiliconValleyCoin, Etc. hurrying to cash in on the 'newest fad' coin to get pumped & dumped by the Devs. Eventually the sheeple will get tired of playing the (suckers) game, and look for value, and a coin that has stood the test of time, and the trial by fire. "

My thoughts:

Not that long ago, in January of 2014 I believe, the market cap for EAC was a smidge under $1 MIL, in fact, I specifically remember people posting about it. Now as I look at coinmarketcapdotcom it states EAC is at 97K??? Where is the 900 grand, did that all disappear somehow? Can someone explain that to me like a child? How does a coin lose $900,000 in value? Was that $$$ paid in and then was all taken out. Maybe I'm confused about how the market cap works but all I can think is WTF? Makes no sense to me, who has all that money that was put into the earthcoins?

I certainly appreciate all the efforts of the devs and other forum members that have developed websites & services, products around the coin but if all the coins combined right now are only worth 97 grand, somebody has that money and has taken it from the community that has built value into eac??? Confused

I'm guessing there are a lot of people who took some big losses and sold to "stop the bleeding" so to speak. If someone bought in at 10k satoshis and then sells at 5k satoshis, 50% of that value is gone instantly. Multiply that across the market and there's your evaluation. On the other hand, some will be making some huge profits if the coin value goes back up.

TwentyGotoTen

newbie

Activity: 50

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Quote from: ATXsilver on April 03, 2014, 01:32:00 PM

"As an aside, it is quite humorous to me that Auroracoin has a $23+ MILLION dollar market capitalization, while Earthcoin sits only at less than $100K. Now you see the copycats like SpainCoin, GreeceCoin, SiliconValleyCoin, Etc. hurrying to cash in on the 'newest fad' coin to get pumped & dumped by the Devs. Eventually the sheeple will get tired of playing the (suckers) game, and look for value, and a coin that has stood the test of time, and the trial by fire. "

My thoughts:

Not that long ago, in January of 2014 I believe, the market cap for EAC was a smidge under $1 MIL, in fact, I specifically remember people posting about it. Now as I look at coinmarketcapdotcom it states EAC is at 97K??? Where is the 900 grand, did that all disappear somehow? Can someone explain that to me like a child? How does a coin lose $900,000 in value? Was that $$$ paid in and then was all taken out. Maybe I'm confused about how the market cap works but all I can think is WTF? Makes no sense to me, who has all that money that was put into the earthcoins?

I certainly appreciate all the efforts of the devs and other forum members that have developed websites & services, products around the coin but if all the coins combined right now are only worth 97 grand, somebody has that money and has taken it from the community that has built value into eac??? Confused

instantskeleton

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Quote from: tins on April 03, 2014, 11:47:17 PM

I would like to add one more thing.
ATXsilver does such an unbelievable job promoting Earthcoin. Well thought out, well-written posts. He is able to elegantly put into words how many of us in the community feel about Earthcoin. Moreover, he is not all talk. He "puts his money where his mouth is" by keeping commerce running on the Earthazaar site. ATXsilver has not asked the community for any kind of financial support in return for his efforts.

I'd like to propose an idea. It would be free and show a great gesture for all his hard work.
Below all of ATXsilver's posts you can find his Cryptsy trade key. If any of you trade on there and have not yet entered in anybody's referral key, use the one from ATXsilver. It just goes to waste if you don't use one. It does not cost you anything if you do use it. So, anybody that uses cryptsy and has yet to put in someone's referral key, as a thank you to ATXsilver and all his hard work promoting the Earthcoin community, please use his referral key.

+1

Topic: [ANN][EAC] EarthCoin *SEEKING NEW EXCHANGES - HUGE VOLUMES BEING MISSED! - page 71. (Read 840344 times)