Topic: [ANN][EAC] EarthCoin *SEEKING NEW EXCHANGES - HUGE VOLUMES BEING MISSED! - page 87. (Read 840344 times)

In an unrelated note, coinex has been robbed, and the EAC is being unloaded on cryptsy.

I dont care about premine, hashes, reward , merchants, etc.
What EAC NEEDS is...big innovation, all Litecoin based is doomed, people will naturally(if they smart enough) choose Litecoin as their main battletank , so what EAC need is innovation like NXT coin (known as second generation cryptocurrencies) , first generation will be replaced by second/even thrid generation later, even Bitcoin, regardless its mineable or not, and if you think hard/ have knowledge in Economy, large business will prefer NXT or the like type for all of this.

Everybody seems to think? Nice argument.

I'm pretty sure PoS is not new. Far from new. Explain why it would be bad other than being a supposed trend? It's not a gimmick when your wallet works like a bank but with better rates. Having nothing but a litecoin clone with fancy payouts is a gimmick.

What are EAC assets and how can they collectively do something as one? Doesn't seem to be working out so good or we wouldn't be having this chat. Also, are you comparing 2 people to the work of what everyone can do? Pretty cut and dry.

I don't know what you mean or how any of this make sense, surely you are some sort of comedian.

Regarding PoS.
Everybody seems to think that the current flow of coins is causing the price to drop.
So the solution must be to change the flow of coins to avoid switching pools and be future proof.

Besides of this being a very shallow way of thinking it will not and never be the solution. CryptoCoins is a dynamic environment which changes every second and even as I write this. This also means that any new technology will be adapted by others as soon as the code hits GitHub. So trying to be ahead of the game is a energy consuming beast which will never tire.
And if you look at what EarthCoin has, there are a few things which are real assets.
The name,
The new team,
The community.
So any effort on changing EarthCoin should not be based on 1 or 2 members of the new team but done by all EarthCoin assets. And it is a no brainer to see that the combined production of EarthCoin's assets is way bigger than 2 developers can ever produce.

So instead of looking at technology, why not look at ways to reach out to non-technical people. Address their fears and turn those fears around to something productive. If all we do is hide ourselves on BCT and demand stuff of a developer, we are just biting the hand that feeds us as it will never feed us fast enough. So if you don't mind, could you please expand the way you think EarthCoin should change to stuff others outside the cryptocommunity can actually understand?

I cast my vote in favor of PoS. Someone get to it. It can't be the only thing EAC has. Not too high, but enough to collect interest. We already have the infrastructure, places to use the coin and such. As part of the EAC package, a 3% gain would be a nice thing over time if it were to last. It would be good prospects for long term investment, without giving away too many free coins.

In an unrelated note, coinex has been robbed, and the EAC is being unloaded on cryptsy. Record lows again.

Poor earthcoin.

Edit: poor every altcoin except litecoin/peercoin/etc

Poor earthcoin.

Edit: poor every altcoin except litecoin/peercoin/etc

Best Idea I've heard so far. I would buy back in.

that implies there is any value in EAC left.

since the devs foolishly abandoned the eac/usd ONLY exchange, which would be one thing only eac could offer, I see little to nothing at eac that is special

let's face it. eac offers nothing other cryptos don't

eac needs serious publicity, news stories and less hoping for the best.

I propose to stop the proof of work scheme. it kills the coin. every day more and more eac is produced while demand stays stable.

that is what drove eac from 800 to 18. and it will drive it to 8 and then 0.8 sat and a delist on cryptsy.

the devs seem to think "it's gonna work out in the end", but why should it especially for eac?


what would immensly help is something that other sites will talk about and will renew interest in eac.

I suggest switching to proof of stake asap.

then implement 25% interest in the first year, then 20% next year and so on. this will people want to HOLD eac.

right now nobody in their right mind holds this coin.

with proof of stake, it would finally resonate with the "protect nature crowd", it will stop multipools raping the coin and news sites would support that step and report it.

it is only natural for "earth"coin to use POS since it is so power saving.  hell, make an 40% interest in the first year, but reward people who HOLD the coin, not those who multipool it

do this, even announce this, and EAC will rise tenfold in mere days.

my investment in EAC has only 5% of the value left. Do something plz,  anything will be better.

my investment in EAC has only 5% of the value left. Do something plz,  anything will be better.

This is a perfect example of 'Short-term' thinking to artificially prop the price up so speculators can profit. The 'soup du jour' in crypto launches recently has been this POS style, and initially the price skyrockets, allowing the Dev's to unload at artificially high prices created by the speculators who are CERTAIN that the 'new Gimmick Coin' is the way to go!

Are we just chasing the latest 'fad' in order to spike the EAC price temporarily to the profit of a few? What happens when the 'newer' coins that come around next month create a 'better' way than POS and we see their launches go up several fold in the first day, do we then change from POS to the newest trend and issue another press release? Are we resigning ourselves to just be a continual pump-n-dump scheme just to make you maniac day-traders happy?

"You can fool all the people some of the time, and some of the people all the time, but you cannot fool all the people all the time."

Or should we focus on long-term development and real world applications in order to allow the price to rise, slowly but surely, over the Long run, rewarding ALL EarthCoin holders?

Is it really different this time? This NEW FAD COIN IS THE WAY TO GO!! LOOK IT WENT UP 500% in one day! If EarthCoin only switched it's purpose weekly to copy the current fad we would all be rich! Right?

So Earthcoin announces it is switching it's code to POS with a novel Press Release, speculators pile in and manipulate the price upwards temporarily, only to see it crash back down to an even a lower price once the rush is over? Do you see MINTCOIN's dev offering any viable long-term creative solutions to further user adoption of his coin? Is he actively promoting and creating long-term value for the coin, or is the promise of 20% more coins a year enough to keep everyone from selling if there are no Real World Applications for your coins? I think it likely most of the 'Devs' of these new coins sell out as soon as they start seeing $20,000+ sitting in their wallet, and are pretty much done with the 'development' coin, having made their 'quick buck'. Just being POS in itself is not worth anything without the proper support & development by Dev's with vision.

What makes POS so much better than Earthcoins current model? Is 20% a year to hoard your Coins and then paying 'interest' in more coins to dilute your holdings further really that great? You truly think for a 'currency' to succeed you should attempt to incentivize your coinholders to just hoard them away and forget about them, knowing they get 20% interest a year? Furthermore, what is 20% interest worth annually when MINTcoin goes down to 5 satoshi? Will your extra 1 coin per year feel all that fantastic for letting your coins sit idle for a year?

POS, while an interesting approach and change of pace from the BTC style models, is not necessary for Earthcoin. It may be great for a commodity, but for an internet currency I think the holders need to be creative in the utility and promotion of the coin. An ALT COIN will only gain in value if it is increasingly used for REAL WORLD commerce, transactions, money transfers, etc. We need to work on giveaways and increased merchant adoption, increasing the 'buzz' around the coin with novel actions that create naturally positive press, etc. Think about DogeCoin sponsoring the Jamacian bob-sled team, that did WAY more for DogeCoin than switching to the latest fad would have.

I think those clamoring for a 'switch' to POS are not seeing the forest for the trees here. The key to having EarthCoin rise is through dedicated work/promotion by the community, valuable insight and leadership by those in position to do so, and creating more & more ways to use EarthCoin in real-world commerce while increasing user adoption.

Also, a SUSTAINABLE price rise happens slowly over time, with jumps here and there along the steady upward climb. Nothing worth doing was ever easy, and anyone who has started a business that became successful understands that it takes Blood, Sweat & Tears to reach your goals. There is no short-cut, there is no 'get-rich-quick' gimmick that will make us all rich with a single press release, and POS is no magical solution.

This is a perfect example of 'Short-term' thinking to artificially prop the price up so speculators can profit. The 'soup du jour' in crypto launches recently has been this POS style, and initially the price skyrockets, allowing the Dev's to unload at artificially high prices created by the speculators who are CERTAIN that the 'new Gimmick Coin' is the way to go!

Are we just chasing the latest 'fad' in order to spike the EAC price temporarily to the profit of a few? What happens when the 'newer' coins that come around next month create a 'better' way than POS and we see their launches go up several fold in the first day, do we then change from POS to the newest trend and issue another press release? Are we resigning ourselves to just be a continual pump-n-dump scheme just to make you maniac day-traders happy?

"You can fool all the people some of the time, and some of the people all the time, but you cannot fool all the people all the time."

Or should we focus on long-term development and real world applications in order to allow the price to rise, slowly but surely, over the Long run, rewarding ALL EarthCoin holders?

Is it really different this time? This NEW FAD COIN IS THE WAY TO GO!! LOOK IT WENT UP 500% in one day! If EarthCoin only switched it's purpose weekly to copy the current fad we would all be rich! Right?

So Earthcoin announces it is switching it's code to POS with a novel Press Release, speculators pile in and manipulate the price upwards temporarily, only to see it crash back down to an even a lower price once the rush is over? Do you see MINTCOIN's dev offering any viable long-term creative solutions to further user adoption of his coin? Is he actively promoting and creating long-term value for the coin, or is the promise of 20% more coins a year enough to keep everyone from selling if there are no Real World Applications for your coins? I think it likely most of the 'Devs' of these new coins sell out as soon as they start seeing $20,000+ sitting in their wallet, and are pretty much done with the 'development' coin, having made their 'quick buck'. Just being POS in itself is not worth anything without the proper support & development by Dev's with vision.

What makes POS so much better than Earthcoins current model? Is 20% a year to hoard your Coins and then paying 'interest' in more coins to dilute your holdings further really that great? You truly think for a 'currency' to succeed you should attempt to incentivize your coinholders to just hoard them away and forget about them, knowing they get 20% interest a year? Furthermore, what is 20% interest worth annually when MINTcoin goes down to 5 satoshi? Will your extra 1 coin per year feel all that fantastic for letting your coins sit idle for a year?

POS, while an interesting approach and change of pace from the BTC style models, is not necessary for Earthcoin. It may be great for a commodity, but for an internet currency I think the holders need to be creative in the utility and promotion of the coin. An ALT COIN will only gain in value if it is increasingly used for REAL WORLD commerce, transactions, money transfers, etc. We need to work on giveaways and increased merchant adoption, increasing the 'buzz' around the coin with novel actions that create naturally positive press, etc. Think about DogeCoin sponsoring the Jamacian bob-sled team, that did WAY more for DogeCoin than switching to the latest fad would have.

I think those clamoring for a 'switch' to POS are not seeing the forest for the trees here. The key to having EarthCoin rise is through dedicated work/promotion by the community, valuable insight and leadership by those in position to do so, and creating more & more ways to use EarthCoin in real-world commerce while increasing user adoption.

Also, a SUSTAINABLE price rise happens slowly over time, with jumps here and there along the steady upward climb. Nothing worth doing was ever easy, and anyone who has started a business that became successful understands that it takes Blood, Sweat & Tears to reach your goals. There is no short-cut, there is no 'get-rich-quick' gimmick that will make us all rich with a single press release, and POS is no magical solution.