[ANN][ENRG]Energycoin - Android Released - Bittrex - - page 131.

CoinsInTheCan

full member

Activity: 240

Merit: 101

Quote from: jtrx. on May 20, 2014, 06:48:16 PM

Quote from: CoinsInTheCan on May 20, 2014, 03:42:03 PM

Quote from: ranlo on May 20, 2014, 01:15:34 PM

Quote from: poornamelessme on May 20, 2014, 01:07:15 PM

Quote from: ranlo on May 20, 2014, 12:52:41 PM

People just don't care. Some of them are going to every single IPO to claim free stakes, then sell them for a dollar or so and move on to the next one. This is a huge issue with the freely distributed coins.

I just find that a completely idiotic mindset. I mean, if a dev abandoned a coin, or if the coin was clearly worthless, then I guess selling a cheap freebie is no big deal. But this coin is already on a real exchange, making moves for larger exchanges... it's stupid to sell at current prices.

It's not like it has languished on allcrypt for 4 months and people are just taking what they can. I wish people would use common sense. That free dollar now could be $100+ several weeks from now. I guess a coin needs a bit of turnover anyway though... weak hands and all that...

Well, look at the bright side. If you believe in a coin and people are dumping it, you can buy in cheap and make MASSIVE profits from it. Let people do what they want; just capitalize on it,

.

+1

That's how the distribution goes. Most impatient people sell to next ones and they sell on a little higher prize.... and finally those who had the most patient will get highest reward, just like with BTC, LTC ... Do i need to continue the list ?

please, continue... (for altcoins)

At least NXT went from bottom to top-5 today (73 --> 35000 users), also Darkcoin and Blackoin afaik went similar root. Don't know how many others, but i assume most coins that gets to top starts from much lower cap and along the way distribution gets better and better. Quite predictibul and almost boring...

crypto4jan

legendary

Activity: 2453

Merit: 1026

Energy coin master

Quote from: ranlo on May 21, 2014, 02:57:51 AM

Quote from: crypto4jan on May 21, 2014, 02:26:39 AM

Quote from: Amph on May 21, 2014, 02:08:04 AM

too many of this coin already, pure pos is satured also, the price reflect this

right now if it ever reach 100s would be very good

That is the reason we have to be special and create other reasons that people will buy and hold ENRG.

This right here. For whatever reason, people still don't understand where value comes from.

You can have a coin that has 1 billion total and each one be worth $10. That's a $10 billion market cap.
You can release a coin that only has ONE total, ever, and it be worth $0. That's a $0 market cap, despite being the most rare one in existence.

Coins don't magically gain value just by being created. If they did, we wouldn't need Bitcoin; each person would just make millions of new coins and everyone would be a billionaire. Coins gain value by having REASONS to get them. The number is irrelevant. How they are MINED is irrelevant. They will never have value unless people have a REASON to invest.

Good point. We have to think what a good REASONS can be to buy and hold ENRG!
ENRG has in my opinion a sustainable image for saving Energy. I normal multitool is not a very good idea to build on a sustainable image For ENRG.
I was reading in the BlackCoin topic and they have same good ideas. Maybe go there and see if we can impement this For ENRG. The imago of ENRG is beter than BC in my opinion, the name BlackCoin gives me not good feelings, GreenCoin sounds beter but that is not their coin name.

ranlo

legendary

Activity: 1988

Merit: 1007

Quote from: crypto4jan on May 21, 2014, 02:26:39 AM

Quote from: Amph on May 21, 2014, 02:08:04 AM

too many of this coin already, pure pos is satured also, the price reflect this

right now if it ever reach 100s would be very good

That is the reason we have to be special and create other reasons that people will buy and hold ENRG.

This right here. For whatever reason, people still don't understand where value comes from.

You can have a coin that has 1 billion total and each one be worth $10. That's a $10 billion market cap.
You can release a coin that only has ONE total, ever, and it be worth $0. That's a $0 market cap, despite being the most rare one in existence.

Coins don't magically gain value just by being created. If they did, we wouldn't need Bitcoin; each person would just make millions of new coins and everyone would be a billionaire. Coins gain value by having REASONS to get them. The number is irrelevant. How they are MINED is irrelevant. They will never have value unless people have a REASON to invest.

crypto4jan

legendary

Activity: 2453

Merit: 1026

Energy coin master

Quote from: Amph on May 21, 2014, 02:08:04 AM

too many of this coin already, pure pos is satured also, the price reflect this

right now if it ever reach 100s would be very good

That is the reason we have to be special and create other reasons that people will buy and hold ENRG.

Amph

legendary

Activity: 3248

Merit: 1070

too many of this coin already, pure pos is satured also, the price reflect this

right now if it ever reach 100s would be very good

Havelivi

hero member

Activity: 896

Merit: 1000

https://comkort.com/vote #57-60

energycr

sr. member

Activity: 378

Merit: 250

Quote from: ranlo on May 21, 2014, 01:28:47 AM

Quote from: bluedude on May 21, 2014, 01:18:03 AM

Quote from: energycr on May 21, 2014, 01:06:52 AM

Quote from: crypto4jan on May 21, 2014, 12:59:57 AM

Quote from: ranlo on May 21, 2014, 12:37:35 AM

Quote from: magnor on May 21, 2014, 12:31:07 AM

Quote from: ranlo on May 21, 2014, 12:05:48 AM

Quote from: bluedude on May 20, 2014, 09:54:54 PM

Is there anything else happening with this coin other than voting?

I don't think so, and that's a problem. If the coin isn't doing something other than trying to get on to exchanges, it won't go anywhere. There has to be a reason for people to buy them. Being part of an exchange isn't one of them.

Yeah, the coin need some good plans! I like to see a android wallet and some cool stuff with te pc wallet. And a small pc/android game.

A new wallet won't give it value. Again, it needs something working for it. A great example of two projects doing this are Blackcoin (which has its multipool to create buy pressure) and Karma (which is creating businesses that revolve around its coin).

I Agree that posting only # is not usefull. Btw I voted and maybe after 10 normale postst a voting post is usefull to remember that we have to vote.
A multipool can be good to have buy pressure but I perifre then Solar or Wind online muntipool. When that can be done I donate 100k ENRG.

blackcoin's price only went up because they setup a multipool which had a huge hashrate. and generated 10btc a day. and easily removed huge sell walls. We don't have hashrate.

May be multipool is not an option then and its time to put the thinking caps on Wink

The multipool should only be a single thing that the coin pushes for. To make sure it's worthwhile, we do need to know who all is interested in mining on it and how much hash power they can push though.

Also, new sites and businesses revolving around ENRG would help push it more value and give people a reason to invest.

To be able to make our coin worth something. Is to setup a multipool which would generate around 1 btc a day. Anything less than that is not worth it.
That would be around 500mhash/s on scrypt. I asked before how many of us have any miners? I have 1mhash/s
Let's see your mining power so we can just start a multipool?