Topic: [ANN][EMC2] Einsteinium | FUNDING THE FUTURE WITH THE FUTURE OF CURRENCY - page 334. (Read 1076409 times)

troll ^^, I will buy at 100 satoshi. that's a no brainer.

NOONES WANT TO BUY. THIS IS WHY I BET 37.5 BTC THAT EMC2 WILL DIE SOON 2 MONTHS. WHO BUYS EMC2 I DONT NOT EVEN AT 100 SATOSHI. EMC2 IS SCAM COIN SCAM SCIENCE

Emc2 dumping now. Price dropped to 250. I will keep waiting to buy cheap coin. Go on!

You miss something,  this coin have start and be supported  by not a lot of people since this beggening,its only remain the active core community's wich have support this coin to 400 sat, this coin not going to 2 digit for sureeeee m'y friend, if dit do, i will put a lot of money in be sure


And more,emc2 doesn't have 80b coin, but 80 million.

Well the time stamp has passed, and I see no indication of any such dump.

But I assure you that any such instant dump would be catastrophic and EASILY send it down to LOW double digits within minutes.


As for your: "people will buy" statement, it's clear that "people" didn't buy enough of EMC2 at 500+ which is why it went to 400+, likewise for 400+ which is why we arrived at 300+; notwithstanding the 2 week time frame, there is absolutely nothing to support any rational conclusion that the existing market, with an avg daily vol of 5 btc, could support 4btc in an hour, not at 200, 100, or even 50 sat.   In less than 30 mins all of the exchanges would have double digit EMC2 and it would take at least a week to get back to pre-instant dump level (200 sat) if there was any remaining interest at all.

Nan,people will buy at this low price if someone dump 1millions.

If is not me,it will be another one,its more seems crash + fast recovery if the guys do that

Except the problem is outside of darkcoin many of the new algorithm coins have not been particularly strong either. I should note, in terms of vulnernerabilities, X11 has a number of them our dev identified for us, one it is hacked together, and the other problem is it is suseptable to botnets. Outside of darkcoin many x11 coins have not fared very well. Again, there is no real compelling case to change algorithms, even in terms of market value or perception. The perception may be coming from GPU miners, not necessarily the market in general. The market right now is in general chasing heavily pre-mined and ipo scams, and in general very short term thinking. There is a high degree of irrationality at this point on the market coming from this short term thinking, and that is the core of the problem, and why scams keep creeping up. This goes beyond the previous behavior coins created to be mined and dumped, which used to be common, but has fallen out of practice with cryptorush failing. In some ways being ethical, and more long term oriented is not necessarily a bad thing.  

That does not necessarily mean we should not improve in other ways in both the short and intermediate term. Again, some actually good ideas are coming out of this conversation so far, and I think the development timeline may be one of the better ones.

an instant dump of 1M+ would give the coin a coronary

might even cause mintpal to suspend trading on the coin

Thats pretty true

I believe it comes down to perception. It doesn't matter if one algo is actually more secure than another, but if the market perceives that it is, that's all that matters. So if x11 is perceived as being more secure by the market, and scrypt perceived as a weaker algo, that will be reflected in price and value.

Don't forget EMC2 also is a charity coin in a profit-fuelled industry, it's already got its work cut out for itself.

BTW (and this is not directed to anyone): I don't mine EMC2, I provide a pool for it so I'm not swayed by EMC2's algo directly. My views are purely for the future of the coin and should be taken as impartial.

Whatever the developers decided, we will stand by it. I just hope that if they do do something about it later, its not too late.

The roadmap is not a bad idea.
In terms of the new wallet, that may be a ways out, that could take more time then anything else.

My only problem is that I don't have enough hash power. 2morrow i'm planning to buy two brand new cards so I can mine EMC2 more efficiently.

I think its time to the dev to do statment about EMC2,what going on, overall progress on work and stop kepping silence on project coming(new wallet?etc)

simply made a roadmap

Got a quick news, someone will sell several millions emc2 from 16:00 GMT 12 May on mintpal. It will be big dump ever. I am waiting.

Well it is after 9:30am EST, EMC2 rates are as follows:

Poloniex 281
Mintpal 280
Cryptsy 270


As far as the evidence indicates EMC2 is in a COMA.

 
any official statement before we totally drop and forget this coin?
not that I don't believe in the project or ideas behind it, but without a strong coin that can hold its value and grow, the rest won't matter anymore.

btw, it's not by changing algo, it's not by adding Pos or whatever the new flav of the week is... but it's by having an agenda and creating buzz around it.
(and no, i'm not here for p&d)

thanks if you can say something cuz we decided to move our coins back to exchanges now  

Hey bud,

I'm glad to see that you'll continue to support our coin no matter what outcome plays out. Personally I believe that this coin needs to stick to its roots. Its was born scrypt and it should live as scrypt. I saw you post about other "more secure" algos. Care to give me a lesson on the pros and cons of the other algos you were mentioning earlier in the thread. To me I see it as "if an algo is strong then its strong, wont matter if its scrypt-n, scrypt, x11 or sha 256". They are all pretty unbeatable.

There isn't a super long term plan of many years to be had with any coin aside from Bitcoin so everyone is a medium to short term investor by default. To invest your life savings into bitcoins let alone any altcoin is incredibly risky; I'm not a financial advisor but my 2 cents would be not to do it. There is no coin in the crypto coin world today that is a long term investment of many years in my opinion.

I don't see changing the coins fundamentals as a bad thing. I actually see it as a good thing. It's show me and fellow investors that the developers are willing to keep up with the dynamic and constantly evolving technological world that we live in.

I have said my piece, I hope the developers/promoters know what they're doing, however no one can really _know_ what they're doing, they can just hope their chosen path is the right one.

Lifeforce will still support EMC2 whatever the outcome.

EMC2 is NOT strong, is far from strong. 

Hyperbole on either side of the coin does the EMC2 community no good.

Please provide info to support your conclusion that in "just a couple weeks, we will see 1K sat"?

It is approx 7am EST, in 2.5 hrs EMC2's value, will determine (historically) it's week long tone.  Although EMC2 is presently 270 (mintpal) - 280 (Cryptsy), the run up doesn't look good but I'll reserve judgement for a few hours.