Topic: [ANN][EAC] EarthCoin *SEEKING NEW EXCHANGES - HUGE VOLUMES BEING MISSED! - page 79. (Read 840344 times)

Funny you should mention that

We're working on a multipool that pays out in EAC, though it's just in the exploratory stage right now. Also, I personally am buying the coins at these low prices and holding until I can spend them on something useful,not just exchanges.

I would like to see some more DEV actions... Even stopping the dilution!!!! Decrease the number of coins that hit the market, not decrease the total number of coins but just decrease the amount that hit the market or create a multipool for EAC the same what they did for BC, at least do something, or just buy those cheap coins yourself...

Soon we will return to the original prices, we just need to wait

I won't be surprise if EAC is suddenly that 50sats again, when you check the wake sell orders, then it doesn't take too much to get to 50 sats Look at 42, that is a 500% increase, from current level 500% would mean 70 sats, so i can only say one thing BUY BUY BUY

Altcoins are again moving higher 42 was trading at 30 now 150.... time to get back in. Just bought 5M EAC to increase my stake to 15M.

If you notice price pumps on EAC then it will be most likely me 

Earthcoin will feature two pages in the book called Cryptocurrency "The Alt-ernative" the Beginner's Reference

https://bitcointalk.org/index.php?topic=483187.new#new


Please donate to the below Earthcoin wallet address in order to help fund this project:

egj4xWwMZVa5D2aMmUAbwfKfzjx1AgwkG9

It will have 2 pages similar to this:





If you spot any spelling or grammar errors, these are easily sorted.  I do have a full time job as well as trying to get this project completed too.

So there was alot of talk. Is there any decision now?

You're a guy I respect, so I'll be nice, but... look at the date of registration, rather than JUST post count. Registered Dec 22. I lurked a long time before I posted, and then you could see all the posts. Now you can't if you aren't logged in.

STOP making new account just to reply your own speeches, what a nerd. Gone for a while? you just have 1 post.. pffttt..

Props for the email to the Gates foundation! I would say having read this whole thread, especially over the past while, that this forum does not reflect the thoughts or activities of the earthcoin community. People should go over to earthcointalk. https://earthcointalk.org/forums/

whew! I was gone for awhile, and just coming back to all this craziness. Lots rolling around in my head, so lets see what comes out.

I think cryptozark is correct, ASICs is the correct way to go. As much as we miners may hate that idea. (and I cant afford one when they start rolling out)

I'm I bit conflicted on what to think about the community here. On one hand all these expressed opinions shows there is support and people for EAC. On the other makes me think of CEO's who cant see the forest for the trees and only wants to see quarterly profits, and damn the long term goals.

We do have the ability to really do some good here! We (myself included) covet those who find riches in crypto. But we have an opportunity with EAC to do good beyond our keyboards. Embrace this, and there is a chance that good can come back to you.

cryptozark - im glad you are pledging charitable and humanitarian goals of EAC is still valid. I have personally sent an email (today)  to the Bill and Melinda Gates foundation (and will be calling them tomorrow). I know its a very long shot, but maybe if everyone here emails and calls them seeking to help others, EAC may take off in unexpected ways. Honestly, if everyone put the energy I see here into trying to help others via crypto though already established organisations, I think we can kick EAC to #2 in marketcap.

For the record... as a miner... I fully support the concept of POS.

In fact, I was asked to be one of the supporting solominers of Teslacoin at launch. Telsacoin is a POW/POW coin with 18% stake monthly... sorry... going from memory... but I love Teslacoin... I mined a few million in the first few days... have not mined the coin since... because I now get some stupid amount of coins each month for nothing more than opening the Teslacoin wallet on my PC and claiming my stake... and I can sell those coins for pure profit at any price... high or low.

What is there to not like about POS?

My issue with POS is security and I was just in a conversation this morning with a team from another POS coin that is looking to revert to pure POW because of lack of acceptance by merchants because of the vulnerability of POS to exploits.

Every reply by the POS proponents here on this thread is without substantiated experience or technical evidence to refute the fact that POS is a security risk. Don't mention price or marketcap... both of those factors are driven from a speculator perspective, not from merchant or currency level... that is not applicable to this argument... I am opposed to POS from a security level and how this affects the long-term usage of a crypto-currency.

From miners perspective... I will happily line for the next POS coin launch... it is free money in my pocket.

It is beyond obvious that EAC is over supplied and I have repeatedly stated that on this forum. There is no real short-term fix to this. Go over the Klondikecoin thread and you can read how trying change block rewards resulted in nearly killing a perfectly good coin.

The reason EAC is over-supplied is because the vision for the coin was global, but the infrastructure was too slow to come online. So here is where we find EAC today.

You either believe in the long-term viability of EAC as working currency and continue to build and deploy infrastructure or you sell out and devote your time and energy to a coin that you believe is a better opportunity.

Halving now would rock.

It's a shame testbitcoiner had to let personal attacks get in the way of a viable argument. PoW is truly killing EAC as is. PoS would help, but so would having. Pick one and go with it. You wont get a second chance easily. I hope you pick the right one.

Seems only dedicated miners are bitching about PoS. I'm sorry your $3k rig would be useless for earthcoin. Seems people who actually care about the coin and it's future want a halving or PoS.

I like EarthCoin

Good jobbb, people have fooled the Dev, after that short price hike, price will go down again, and people start crying about that again.

Its good at least to see that the community is active and enthusiastic about the direction they think EAC should go.

I personally like the idea of POS but understand why it wouldnt be a good idea to implement it, but surely it is evident to all that its the rewards which need to be throttled back to reduce the amount of coins flooding the market every day? supply and demand?

Due to community request, Maxcoin is halving their rewards in a few days:
http://pastebin.com/tKMFUtC4

The developers decided to take this action nearly 11 months early in order to keep up community support.




If a coin that had planned to release a total of 250 million coins can permanently reduce that number to 106 million to keep their community strong, I do not see any reason a coin with over 10 billion would not do the same thing to keep our coin viable.

Set a value you want EarthCoin to be at in Satoshis and calculate how many coins it would take to hit that target. And keep in mind that your value could take 4/5th of day trading in account.
So for example when you set a target at 1000 dollar, the coins you want to produce need to be worth about 200 dollar. Then devide the 200 by the amount of satoshi and you got your number.
Disclaimer, the values i took are really rough and I would suggest to look at a few more popular coins (more daytrading) to come up with the divider between daytrade and soaking.

Noted. Thanks for reining me in. It's hard to hit a moving target. I've had my say, both here and in private. I'm done now on POS.

As to the other point, whether the mining curve is too inflationary, I tend to think it is. We are discussing possible changes there.

Any thoughts from those who think? This is just a thought, nothing concrete, but would a 25% reduction twice, rather than the full halving interval, be a good idea? Why or why not?