[ANN][ELITE] EliteCoin - Only 20k ELC! - NO PREMINE! X11 POW+POS - *BITTREX!* - page 7.

saddampbuh

legendary

Activity: 1078

Merit: 1014

Dev bailed on us.

He will probably make another coin with less PoW. I was clearly right here, and large miners own most all of the coins.

It is terrible to see you fools in denial about the PoW. The longer it goes, the farther it dumps. The likely case is that the dev and all his buddies rented out the big miners for release and dumped on you idiotards.

you are 100% correct about the pow but miners who rented could only have lost money from this coin, 0.02 was barely break even

BoyHowdy

member

Activity: 70

Merit: 10

Quote from: chesthing on July 25, 2014, 02:08:55 PM

Grim reality - nothing is going to touch Bitcoin when it comes to being used as a currency. Urocoin has an interesting idea as a means to trade fertilizer, but aside from a small niche like that nobody is going to choose to use some tiny market cap altcoin over Bitcoin.
That's my opinion, but I think the vast majority of those who are in this scene would agree.

While I agree with this, I don't think there should not be any more attempts to supplant Bitcoin.

A lofty goal for sure but nothing ventured, nothing gained.

bit1

legendary

Activity: 938

Merit: 1000

Quote from: chesthing on July 25, 2014, 02:08:55 PM

Grim reality - nothing is going to touch Bitcoin when it comes to being used as a currency. Urocoin has an interesting idea as a means to trade fertilizer, but aside from a small niche like that nobody is going to choose to use some tiny market cap altcoin over Bitcoin.
That's my opinion, but I think the vast majority of those who are in this scene would agree.

nobodyknows remember that Nyc dont was reclaimed by 50 more influyent of NY, but think Elite being support by a famous artist for example,,
it will be a boommmmm

chesthing

legendary

Activity: 1414

Merit: 1000

Grim reality - nothing is going to touch Bitcoin when it comes to being used as a currency. Urocoin has an interesting idea as a means to trade fertilizer, but aside from a small niche like that nobody is going to choose to use some tiny market cap altcoin over Bitcoin.
That's my opinion, but I think the vast majority of those who are in this scene would agree.

EliteCoin

newbie

Activity: 28

Merit: 0

Quote from: chesthing on July 25, 2014, 01:27:47 PM

Quote from: EliteCoin on July 25, 2014, 01:14:05 PM

@bit1
You know, if a lot of people request anon. transactions, we will work on this ASAP.
But people seems to believe that a feature like that will rise the price of a coin, when actually the only thing that could rise the price, depends on the things you can do with that coin (that's what we believe). And that's why we are focused in getting some online stores to accept Elite. And the 1st of August the first one will be up.

--

Also, about the POW phase, 2 weeks is not a long time. If everybody got used to coins with pow phases of 24~72 hours, it's not our problem. And those kind of coins die in 2 days.

It's been only 3 days, and anything could happen. But we're still here answering all questions, and we're active.
About the dump, NO ONE can control that! People will eventually dump a lot of coins for cheap. Now that the price is stable again, the only way to rise it is holding the coins or buying a big volume at a higher price.

We'll be also buying our own coins, since we started mining like everybody else, yesterday.

With all due respect. Use as a currency is what Bitcoin offers. Altcoins for the most part are trade vehicles used to gain bitcoin, that's it - that's all they are good for. What gives value to an altcoin are innovations like anonymity, if they have nothing like this to offer they aren't going to appeal to traders.

But there are lots of new coins with anon that still disappear in a few days. So to keep a coin stable, it needs to offer something useful. And we think that if you can buy services or products with an altcoin, is way more useful than having anon transactions only because it's "cool" at the moment.

We have already started working in anon. but we are more focused on getting shops. There are a lot of things we have to do, and we are a team of 3, be patient!

@Dimitry
A link will be available next week. The shop is located in Spain! (we are too).

optigon

sr. member

Activity: 340

Merit: 251

Quote from: ?? on ??

Dev bailed on us.

He will probably make another coin with less PoW. I was clearly right here, and large miners own most all of the coins.

It is terrible to see you fools in denial about the PoW. The longer it goes, the farther it dumps. The likely case is that the dev and all his buddies rented out the big miners for release and dumped on you idiotards.

you can still buy cheap..no reason to FUD here

bit1

legendary

Activity: 938

Merit: 1000

Quote from: chesthing on July 25, 2014, 01:59:35 PM

Nice to see the developer is willing to play the game. Now, I'll take a look at Elite on Bittrex.

yep, really few coins have a good dev nowadays, some dont even dev....... add pow, good launch, community support.....It have possibilities.......

BoyHowdy

member

Activity: 70

Merit: 10

Quote from: chesthing on July 25, 2014, 01:27:47 PM

Quote from: EliteCoin on July 25, 2014, 01:14:05 PM

@bit1
You know, if a lot of people request anon. transactions, we will work on this ASAP.
But people seems to believe that a feature like that will rise the price of a coin, when actually the only thing that could rise the price, depends on the things you can do with that coin (that's what we believe). And that's why we are focused in getting some online stores to accept Elite. And the 1st of August the first one will be up.

--

Also, about the POW phase, 2 weeks is not a long time. If everybody got used to coins with pow phases of 24~72 hours, it's not our problem. And those kind of coins die in 2 days.

It's been only 3 days, and anything could happen. But we're still here answering all questions, and we're active.
About the dump, NO ONE can control that! People will eventually dump a lot of coins for cheap. Now that the price is stable again, the only way to rise it is holding the coins or buying a big volume at a higher price.

We'll be also buying our own coins, since we started mining like everybody else, yesterday.

With all due respect. Use as a currency is what Bitcoin offers. Altcoins for the most part are trade vehicles used to gain bitcoin, that's it - that's all they are good for. What gives value to an altcoin are innovations like anonymity, if they have nothing like this to offer they aren't going to appeal to traders.

So you are saying there should be only 1 universal currency and any competing currency is pointless?

Bitcoin has it's problems like the mining that continues to this day by only those that have millions invested in specific equipment to mine that coin.

Everybody else has been shutout.

Like having large chunks controlled by just a few people like the twinkletoes brothers.

I could care less about anonymity because I don't think governments will allow any coin like that when these coins get regulated.

chesthing

legendary

Activity: 1414

Merit: 1000

Nice to see the developer is willing to play the game. Now, I'll take a look at Elite on Bittrex.

bit1

legendary

Activity: 938

Merit: 1000

Quote from: joe.sixer on July 25, 2014, 01:52:36 PM

Quote from: bit1 on July 25, 2014, 01:47:36 PM

Quote from: joe.sixer on July 25, 2014, 01:42:45 PM

Quote from: EliteCoin on July 25, 2014, 01:14:05 PM

@bit1
You know, if a lot of people request anon. transactions, we will work on this ASAP.
But people seems to believe that a feature like that will rise the price of a coin, when actually the only thing that could rise the price, depends on the things you can do with that coin (that's what we believe). And that's why we are focused in getting some online stores to accept Elite. And the 1st of August the first one will be up.

--

Also, about the POW phase, 2 weeks is not a long time. If everybody got used to coins with pow phases of 24~72 hours, it's not our problem. And those kind of coins die in 2 days.

It's been only 3 days, and anything could happen. But we're still here answering all questions, and we're active.
About the dump, NO ONE can control that! People will eventually dump a lot of coins for cheap. Now that the price is stable again, the only way to rise it is holding the coins or buying a big volume at a higher price.

We'll be also buying our own coins, since we started mining like everybody else, yesterday.

The OP states you'd be working on anon in the first week... are you saying that you're not already doing that?

Dev can do anon when community need it, now it is not neccesary, first are needed shops and value, after anon....... anon dont give you a coin of 1 btc or yes?

What I'm looking for is consistency in what the dev says and what the dev does. Need to establish credibility with actions. OP states in first week. Why say that if it's not going to happen?

right, good news is that he just said that he could work if a lot of people request anon ASAP, but is more important now shops, it is part of OP too, remember step by step.....

Youghoor

sr. member

Activity: 1036

Merit: 275

Chinese pump will happen just need to bit a bit more.

joe.sixer

full member

Activity: 224

Merit: 100

Quote from: bit1 on July 25, 2014, 01:47:36 PM

Quote from: joe.sixer on July 25, 2014, 01:42:45 PM

Quote from: EliteCoin on July 25, 2014, 01:14:05 PM

@bit1
You know, if a lot of people request anon. transactions, we will work on this ASAP.
But people seems to believe that a feature like that will rise the price of a coin, when actually the only thing that could rise the price, depends on the things you can do with that coin (that's what we believe). And that's why we are focused in getting some online stores to accept Elite. And the 1st of August the first one will be up.

--

Also, about the POW phase, 2 weeks is not a long time. If everybody got used to coins with pow phases of 24~72 hours, it's not our problem. And those kind of coins die in 2 days.

It's been only 3 days, and anything could happen. But we're still here answering all questions, and we're active.
About the dump, NO ONE can control that! People will eventually dump a lot of coins for cheap. Now that the price is stable again, the only way to rise it is holding the coins or buying a big volume at a higher price.

We'll be also buying our own coins, since we started mining like everybody else, yesterday.

The OP states you'd be working on anon in the first week... are you saying that you're not already doing that?

Dev can do anon when community need it, now it is not neccesary, first are needed shops and value, after anon....... anon dont give you a coin of 1 btc or yes?

What I'm looking for is consistency in what the dev says and what the dev does. Need to establish credibility with actions. OP states in first week. Why say that if it's not going to happen?

bit1

legendary

Activity: 938

Merit: 1000

Quote from: joe.sixer on July 25, 2014, 01:42:45 PM

Quote from: EliteCoin on July 25, 2014, 01:14:05 PM

@bit1
You know, if a lot of people request anon. transactions, we will work on this ASAP.
But people seems to believe that a feature like that will rise the price of a coin, when actually the only thing that could rise the price, depends on the things you can do with that coin (that's what we believe). And that's why we are focused in getting some online stores to accept Elite. And the 1st of August the first one will be up.

--

Also, about the POW phase, 2 weeks is not a long time. If everybody got used to coins with pow phases of 24~72 hours, it's not our problem. And those kind of coins die in 2 days.

It's been only 3 days, and anything could happen. But we're still here answering all questions, and we're active.
About the dump, NO ONE can control that! People will eventually dump a lot of coins for cheap. Now that the price is stable again, the only way to rise it is holding the coins or buying a big volume at a higher price.

We'll be also buying our own coins, since we started mining like everybody else, yesterday.

The OP states you'd be working on anon in the first week... are you saying that you're not already doing that?

Dev can do anon when community need it, now it is not neccesary, first are needed shops and value, after anon....... anon dont give you a coin of 1 btc or yes?

Dimitry

hero member

Activity: 896

Merit: 501

First shop accepting ELITE this 1st of August.
Read this post and give us your opinion

Oreally can we have a link? Where is this shop located? more information would be nice!

from the OP

We want EliteCoin to be valuable. We are looking for shops who wants to accept EliteCoin for services or products. We are willing to invest our own money. Please, contact us.
We will be also working hard this week, to implement anon. transactions as soon as possible.

so OP was the 20th now its 25, 2 more days before implementation of anon cant hardly wait!

Don't let us down on this one developer! We could really need some good news!

joe.sixer

full member

Activity: 224

Merit: 100

Quote from: EliteCoin on July 25, 2014, 01:14:05 PM

@bit1
You know, if a lot of people request anon. transactions, we will work on this ASAP.
But people seems to believe that a feature like that will rise the price of a coin, when actually the only thing that could rise the price, depends on the things you can do with that coin (that's what we believe). And that's why we are focused in getting some online stores to accept Elite. And the 1st of August the first one will be up.

--

Also, about the POW phase, 2 weeks is not a long time. If everybody got used to coins with pow phases of 24~72 hours, it's not our problem. And those kind of coins die in 2 days.

It's been only 3 days, and anything could happen. But we're still here answering all questions, and we're active.
About the dump, NO ONE can control that! People will eventually dump a lot of coins for cheap. Now that the price is stable again, the only way to rise it is holding the coins or buying a big volume at a higher price.

We'll be also buying our own coins, since we started mining like everybody else, yesterday.

The OP states you'd be working on anon in the first week... are you saying that you're not already doing that?

mikelitoris

full member

Activity: 182

Merit: 100

well, ima keep waiting Tongue

CryptoFlipper

full member

Activity: 240

Merit: 100

Quote from: mikelitoris on July 25, 2014, 01:20:33 PM

Between 0.0002 & 0.0005 be patient

Lol you'll never get elite for that cheap. Floor has been found at .0068 on bittrex, we rise now

bit1

legendary

Activity: 938

Merit: 1000

Quote from: EliteCoin on July 25, 2014, 01:14:05 PM

@bit1
You know, if a lot of people request anon. transactions, we will work on this ASAP.
But people seems to believe that a feature like that will rise the price of a coin, when actually the only thing that could rise the price, depends on the things you can do with that coin (that's what we believe). And that's why we are focused in getting some online stores to accept Elite. And the 1st of August the first one will be up.

--

Also, about the POW phase, 2 weeks is not a long time. If everybody got used to coins with pow phases of 24~72 hours, it's not our problem. And those kind of coins die in 2 days.

It's been only 3 days, and anything could happen. But we're still here answering all questions, and we're active.
About the dump, NO ONE can control that! People will eventually dump a lot of coins for cheap. Now that the price is stable again, the only way to rise it is holding the coins or buying a big volume at a higher price.

We'll be also buying our own coins, since we started mining like everybody else, yesterday.

Dev well done,I think that many or all altcoins are dumped to ridiculous prices but to final somebody buy them to hold it, sellers think that they will buy to same value, but I don`t think so, for this reason I dont feel panic when value drop a lot, for example many peoples laugh of dogecoin but
in some years same peoples can cry......by the way I need some dogecoins too Cheesy

nobody knows...... , only sure of dont dissapear if it don´t give value waited in short time,and if you someday decided left project leave it in other good hands, but sincerely I hope that you continue always with Elite.

chesthing

legendary

Activity: 1414

Merit: 1000

Quote from: EliteCoin on July 25, 2014, 01:14:05 PM

@bit1
You know, if a lot of people request anon. transactions, we will work on this ASAP.
But people seems to believe that a feature like that will rise the price of a coin, when actually the only thing that could rise the price, depends on the things you can do with that coin (that's what we believe). And that's why we are focused in getting some online stores to accept Elite. And the 1st of August the first one will be up.

--

Also, about the POW phase, 2 weeks is not a long time. If everybody got used to coins with pow phases of 24~72 hours, it's not our problem. And those kind of coins die in 2 days.

It's been only 3 days, and anything could happen. But we're still here answering all questions, and we're active.
About the dump, NO ONE can control that! People will eventually dump a lot of coins for cheap. Now that the price is stable again, the only way to rise it is holding the coins or buying a big volume at a higher price.

We'll be also buying our own coins, since we started mining like everybody else, yesterday.

With all due respect. Use as a currency is what Bitcoin offers. Altcoins for the most part are trade vehicles used to gain bitcoin, that's it - that's all they are good for. What gives value to an altcoin are innovations like anonymity, if they have nothing like this to offer they aren't going to appeal to traders.

EBK1000

legendary

Activity: 1148

Merit: 1000

A Wound in Eternity

Quote from: mikelitoris on July 25, 2014, 01:20:33 PM

Between 0.0002 & 0.0005 be patient

Why would it drop that low, you could buy all 20000 for a penny. Why would anyone want sell for that price?

Topic: [ANN][ELITE] EliteCoin - Only 20k ELC! - NO PREMINE! X11 POW+POS - *BITTREX!* - page 7. (Read 80364 times)

Topic: [ANN][ELITE] EliteCoin - Only 20k ELC! - NO PREMINE! X11 POW+POS - BITTREX! - page 7. (Read 80364 times)