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Topic: [ANN][EMC2] Einsteinium | FUNDING THE FUTURE WITH THE FUTURE OF CURRENCY - page 320. (Read 1076368 times)

newbie
Activity: 11
Merit: 0
Come to the new #emc2 IRC Channel and get tipped! We will also tip you for bringing a friend with you! If you do not have an IRC client please use this link. - https://kiwiirc.com/client/irc.kiwiirc.com/?nick=Einstein|?#emc2
member
Activity: 87
Merit: 10
The top 100 list is no longer working. Does anyone have the updated page?

http://coinia.net/einsteinium/getbalance.php?top=100
hero member
Activity: 678
Merit: 501
emc2 to 300 sat sooon.. i love emc2.
legendary
Activity: 1988
Merit: 1000
i love emc2 , now 125 sat , pump starts...

calm down,I wanna stock some too before something  Grin
hero member
Activity: 588
Merit: 501
i love emc2 , now 125 sat , pump starts...

indeed a welcome reprieve, and a sight for sore eyes:

+34.5%  Polonex
~ 40%  Cryptsy (not reported)
+58.23% Mintpal


The EMC2 has got to capitalize on positive market swings, this one seems to account for Darkcoin's return from its recent moon trip, which essentially sucked all of the money out of the alts for a couple days (EMC2 went from ~200 to ~100).   Now that Darkcoin's wild ride appears to be normalizing, some of the CC victims of her wake are beginning to see  some funds return.   

Market swings like this are fleeting, but with a strong EMC2 recovery plan in place these positive market swings will serve as boosters instead of life savers. 

hero member
Activity: 678
Merit: 501
i love emc2 , now 125 sat , pump starts...
hero member
Activity: 588
Merit: 501
EMC2 pump starting.... take offf to the moon.
Please tell me this is not a fake... the 1/4 mill i hold are bothering me...... I know this coin is worth it, community STAND.

Sure if the moon he speaks of is 100 sat  ... otherwise no there's no 'take off', and no pump, heck there's barely a pulse.  

Look closely many of the orders are simply place holders for specific rates.  The day's volume for ALL of the exchanges combined was ~1.5 BTC (rate range 77 to 101).

The talk (hype) serves no good purpose, however as talk graduates to action markets respond.  I think the website may have helped to slow EMC2 decline; after it was mentioned the rate essentially went from low 80s to low 90s, before it was mentioned (although the site was there to see) the rate was in the high 70s.

My interpretation of this is:

1) Action - the community is rewarding action, more meaningful action is likely to result in higher values,
2) Orders - the spacers orders are poorly veiled efforts to prop up the coin,    
2) Volume - at this particular time extremely low volume probably has more to do with investors readying their pockets for a lower priced coin than advancing disinterest.  The major evidence of this was the reaction to the Mintpal malfunction and service interruption.  The problem resulted in EMC2 dropping from 100 to 77, volume was considerable.

There are at least 7 issues of great concern to the community, my guess is as they get identified, hashed, and solved, fixed, or implemented EMC2 rates will respond with great favor.

hero member
Activity: 686
Merit: 500
EMC2 pump starting.... take offf to the moon.
Please tell me this is not a fake... the 1/4 mill i hold are bothering me...... I know this coin is worth it, community STAND.
full member
Activity: 128
Merit: 100
i bought too gonna use it too help make price rise
legendary
Activity: 3052
Merit: 1534
www.ixcoin.net
Whoa, "Vlad2Vlad"  Shocked  ... you here to help EMC2 out of this major jam, or to issue last rites?

Your wealth of CC knowledge, and hands-on aggressive style may be the shot-in-the-arm needed to wake EMC2 up out of its current coma.    

Do you currently own any EMC2?

Have you followed EMC2 at any point in the past 4 weeks?






Hahaa, thanks but no.  Just buying some EMC2 because it has gotten so ridiculously cheap.

I'm expecting a massive crypto boom this summer and these ultra cheap coins should really blast off when millions of new investors come in looking for coins to buy.

Good luck!
legendary
Activity: 1164
Merit: 1000
Einsteinium Foundation Board Member and Treasurer
To give some informations about merge mining since there's a lot of speculation on what could happen.
Here's what i found on merge mining with an other coin:

For a simple explanation of merge mining: (info found on http://bitcoin.stackexchange.com/questions/273/how-does-merged-mining-work ) change the bitcoin and namecoin names for emc2 and the other coin we could merge mine with.

First, the miner must assemble a transaction set for both block chains. He then assembles the final Namecoin block and hashes it. He then creates a transaction containing this hash that is valid in the Bitcoin chain and inserts it in the Bitcoin transaction set at the tip of the tree. He then assembles the final Bitcoin header with this transaction in it and sends out the work units.

If a miner solves the hash at the Bitcoin difficulty level, the Bitcoin block is assembled and sent to the Bitcoin network. The Namecoin hash does nothing and the Bitcoin network ignores it.

If a miner solves the hash at the Namecoin difficulty level, the Namecoin block is assembled. It includes the Namecoin transaction set, the Namecoin block header, the Bitcoin block header, and the hash of the rest of the transactions in the Bitcoin block. This entire "mess" is then submitted to the Namecoin system. The Namecoin system, supporting merged mining, accepts this as proof of work because it contains work that must have been done after the block header and Namecoin transaction set was built. (Because you can't build the Bitcoin transaction set containing that hash, and therefore the Bitcoin header that secures it, without that information. So it proves the work was done.)


Pros:
-Technicality of both coins stays the same (block time, difficulty retarget option, total amount of coins)
-51% attacks protection increased with th hashrate of both network combined
-For the same hashrate you use to mine one coin, you get coins from the other network

cons:
- needs a hard fork for the implementation
- No one knows what the miners of both networks will do with the extra coins they get
- If the community decide they don't want to merge mine anymore, an other hard fork is needed
- Pools operator have to setup their pools properly for merge mining, which mean that there's a chance that not all pools switch

The smaller coin do the hard fork for the merge mine, the bigger coin don't need to do any changes. It's an option we have to keep in mind since the goal of emc2 is for people to mine it, bigger the network, bigger are the donations.

If we choose this options we need to decide if we want to merge mine with a bigger coin (ltc, doge, etc.) or we find 2-3 small coins, that have been around for some times and proved they weren't just a Pump and dump scheme, to create a bigger network for those coins.

We need to choose carefully and wisely because the merge mine will have an impact on the image of the coins involved. You can't choose any coins and you can't do it just because it looks great.

I hope this clarify merge mining as an option to help emc2 survive this rough time.

Let's see who want to see the merge mine happening, if the community wants it. We'll have to look for the potential coins to merge with after.
sr. member
Activity: 280
Merit: 250
time
Just posting to say I am holding EMC2 for the long run.

Site is nice, glad to see community rallying behind this coin.
full member
Activity: 128
Merit: 100
sr. member
Activity: 466
Merit: 250
The website looks pretty good. Hope the coin picks up again soon Smiley
legendary
Activity: 1988
Merit: 1000
Nice,love new website ! Ill buying more right now Smiley
full member
Activity: 154
Merit: 100




http://emc2.lifeforce.info

System: Prop Stratum VarDiff
Pay Interval: Every 60 Seconds (for confirmed blocks)
Multi-Pool Shoutbox: Enabled
Stratum Locations:  

full member
Activity: 182
Merit: 100
★ BitClave ICO. Join NOW ★
Looks like a good start.
full member
Activity: 221
Merit: 100
"The only real valuable thing is intuition."
Sorry for lack of updates, I have been taken ill with a nasty stomach bug. I've been resting and it's taking a turn for the better. Updates on all social networks will come in soon regarding the website and a few other things. Thank you for your patience.
legendary
Activity: 1386
Merit: 1000

10% PoS per month is massive inflation and it will drive the value of this coin into the ground while encouraging hoarding, thus killing the velocity of the coin and with it, any value it has.

If PoS is added it has to be a small amount, something less than 8% PER YEAR.  Even that would be seen as a high inflation rate but much more rational than 10% per month.

While it seems that way, if you like at the price history of coins like HBN, TEK and PHS you will see that they have not had loss of velocity in the coin or "any value it has". Please take a look at the evidence. Of course they have fluctuations but long term value is up and none have lost 90% + of the coin's value, as far as cryptos go they are very stable.

Pure scrypt mining coins which no one has an incentive to hold are the ones which are being dumped mercilessly across the board right now.
sr. member
Activity: 448
Merit: 254
BTW/ Website looking nice and clean, very qualitatively and cute Smiley
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