Armaan Chandnani @ArmaanDorno · 6m
Send me questions you want the elite coin devs to answer
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Topic: [ANN][ELITE] EliteCoin - Only 20k ELC! - NO PREMINE! X11 POW+POS - *BITTREX!* - page 9. (Read 80331 times)
July 25, 2014, 01:08:42 PM
July 25, 2014, 11:50:33 AM
The pattern of mining and dumping on this coin is new to me.
It looks like I gave far too much credit to miners that have a large hash capability, I thought they understood the dynamics of the coins better.
Now it appears as if they just throw their hash around at the coin that they think will generate the most for them.
This coin is different in that it had a very fair launch and attracted a lot of initial interest.
The whales all jumped in at the same time and did not make shit.
Now it looks like they are all bailing and dumping their coins.
This is great for me, now my miners are making 4 -5 times what they were and I am buying up cheap coins.
So I would like to thank all the whales that mined these coins for me and then gave me a reduced price to buy.
Thank You, Thank You, Thank You
+1, but also if they have a lot of coins, they have to spread them and share, take it like a promo;-) It looks like I gave far too much credit to miners that have a large hash capability, I thought they understood the dynamics of the coins better.
Now it appears as if they just throw their hash around at the coin that they think will generate the most for them.
This coin is different in that it had a very fair launch and attracted a lot of initial interest.
The whales all jumped in at the same time and did not make shit.
Now it looks like they are all bailing and dumping their coins.
This is great for me, now my miners are making 4 -5 times what they were and I am buying up cheap coins.
So I would like to thank all the whales that mined these coins for me and then gave me a reduced price to buy.
Thank You, Thank You, Thank You
July 25, 2014, 01:05:05 PM
the thing is coin devs should protect the price to keep value in the coin, but now no dev gives a shit,
Protect? How?
If the developer changed the parameters after the coin launch it would lose all credibility with me.
by puting a huge buy wall
Maybe, but it would be expensive for the developer and he would probably be accused of scamming by buying up the cheap coins for himself.
July 25, 2014, 01:04:36 PM
this one is actually the best one on bittrex to make some dough right now. just buy alot when its low like now, for only 2,4 btc you double the price, put a 10 btc buy order on .014 and you doubbled your investment
July 25, 2014, 01:04:28 PM
prices is down because all days appears many news coins, in case BTC was first,after LTC,etc,etc, price dont matter if Elite is down now,
with POW 20,000 it could be like to gold or better yet in a couple of years, nobody knows, is a risk......, is a competition in cryptocurrency world.......
with POW 20,000 it could be like to gold or better yet in a couple of years, nobody knows, is a risk......, is a competition in cryptocurrency world.......
July 25, 2014, 01:01:03 PM
Sure you can, just ask the person Dimitry bought from.
Is it really necessary for you to troll like this?
Does it make you feel better about yourself or something?
no you don't get what i'm saying, i bought at near the same price he did but i am not foolish enough to be wondering why the price doesn't increase while mining is still going, its illogical for price to ever be higher than rental cost during pow, if this coin has any future or not we will only know once pow is doneIs it really necessary for you to troll like this?
Does it make you feel better about yourself or something?
no one could have foreseen 0.007, i guess most miners are extremely poor and panic easily
Your previous post had a lot of anger in it.
I apologize for misinterpreting the intent.
My initial geustimate was .001 to .01 so it floored me when the price hit .025
I feel bad for these guys that are losing their shirt on the rentals but not bad enough to stop me from buying the coins from them.
But they can stop dumping now cause I am out of bitcoin
July 25, 2014, 12:57:34 PM
Not trying to fud, just trying to understand what about Elite is worth buying it? 
If it's just the name and the rarity, so you can think of yourself as an elite for owning it, that ain't gonna cut it.
If it's just the name and the rarity, so you can think of yourself as an elite for owning it, that ain't gonna cut it.
same that USD and EUR and all coins, sometimes up and sometimes down......, you can buy or sell things with it, elite is beginning in crypto,
if dev continue his good work this coin will be ELITE beyond of anothers cryptos.
and name is very important because if you want buy, what do you buy first? Elitecoin, or Soupcoin?
What can you buy or sell with it? I don't believe a coin called Soupcoin exists, so why would I face that choice? I'm really not trying to fud here, but these answers leave me with the innevitable conclusion that no one here knows why this coin is worth buying.
I used Soupcoin how a example,
same with BTC at firts, 10,000 for a pizza and now?
yes but this is pow 20k total this shouldnt be this low
July 25, 2014, 12:55:46 PM
Not trying to fud, just trying to understand what about Elite is worth buying it?
If it's just the name and the rarity, so you can think of yourself as an elite for owning it, that ain't gonna cut it.
If it's just the name and the rarity, so you can think of yourself as an elite for owning it, that ain't gonna cut it.
same that USD and EUR and all coins, sometimes up and sometimes down......, you can buy or sell things with it, elite is beginning in crypto,
if dev continue his good work this coin will be ELITE beyond of anothers cryptos.
and name is very important because if you want buy, what do you buy first? Elitecoin, or Soupcoin?
What can you buy or sell with it? I don't believe a coin called Soupcoin exists, so why would I face that choice? I'm really not trying to fud here, but these answers leave me with the innevitable conclusion that no one here knows why this coin is worth buying.
I used Soupcoin how a example,
same with BTC at firts, 10,000 for a pizza and now?
July 25, 2014, 12:53:33 PM
the thing is coin devs should protect the price to keep value in the coin, but now no dev gives a shit,
Protect? How?
If the developer changed the parameters after the coin launch it would lose all credibility with me.
by puting a huge buy wall
July 25, 2014, 12:53:15 PM
Not trying to fud, just trying to understand what about Elite is worth buying it?
If it's just the name and the rarity, so you can think of yourself as an elite for owning it, that ain't gonna cut it.
If it's just the name and the rarity, so you can think of yourself as an elite for owning it, that ain't gonna cut it.
same that USD and EUR and all coins, sometimes up and sometimes down......, you can buy or sell things with it, elite is beginning in crypto,
if dev continue his good work this coin will be ELITE beyond of anothers cryptos.
and name is very important because if you want buy, what do you buy first? Elitecoin, or Soupcoin?
What can you buy or sell with it? I don't believe a coin called Soupcoin exists, so why would I face that choice? I'm really not trying to fud here, but these answers leave me with the innevitable conclusion that no one here knows why this coin is worth buying.
I am buying it because it appears to be a very fair launch and the developer is active.
I could care less about coins like tor coins or dark coins because there is no way a government will allow them once the regulations start.
July 25, 2014, 12:51:24 PM
Just bought 4 BTC worth or ELITE. at these prices it's a steal! Should be priced like SYNC
July 25, 2014, 12:50:06 PM
the thing is coin devs should protect the price to keep value in the coin, but now no dev gives a shit,
Protect? How?
If the developer changed the parameters after the coin launch it would lose all credibility with me.
July 25, 2014, 12:47:40 PM
Not trying to fud, just trying to understand what about Elite is worth buying it?
If it's just the name and the rarity, so you can think of yourself as an elite for owning it, that ain't gonna cut it.
If it's just the name and the rarity, so you can think of yourself as an elite for owning it, that ain't gonna cut it.
same that USD and EUR and all coins, sometimes up and sometimes down......, you can buy or sell things with it, elite is beginning in crypto,
if dev continue his good work this coin will be ELITE beyond of anothers cryptos.
and name is very important because if you want buy, what do you buy first? Elitecoin, or Soupcoin?
What can you buy or sell with it? I don't believe a coin called Soupcoin exists, so why would I face that choice? I'm really not trying to fud here, but these answers leave me with the innevitable conclusion that no one here knows why this coin is worth buying.
July 25, 2014, 12:44:21 PM
the thing is coin devs should protect the price to keep value in the coin, but now no dev gives a shit,
Devs cant control price. Thats up to the marketplace to decide, who will sell at x price, and who will but at x price.
July 25, 2014, 12:43:39 PM
look at the orderbook only 2.4btc to 0.01450000 so no need for panic
July 25, 2014, 12:41:08 PM
the thing is coin devs should protect the price to keep value in the coin, but now no dev gives a shit,
July 25, 2014, 12:40:21 PM
this is not looking good. how much more can this price drop? Bought in at 0.025 pff all time high i guess
Buy high sell low
Buy high sell low
dont matter if it drop 0 it is a investment to long time, one day it can reach or > BTC
July 25, 2014, 09:45:40 AM
i like this coin, is fair = dumpers don't like it
July 25, 2014, 12:40:04 PM
Hmmwah same as most coins going to the floor and stay there. No buy support better sell it. Stupid scammy developers
I too am losing my ass right now because I keep buying coins and the price keeps dropping but I just can't seem to pass up on the cheap coins so I buy more.
The supply of cheap coins should dry up soon.
I am hoping the value takes a large leap up after the POW phase is over.
July 25, 2014, 12:35:59 PM
CryptoWorld become crazy if call 2 weeks POW a big problem.
Just LOL.
Just LOL.
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