I started to look for an exchange site that I could buy EarthCoins on, I found that Criptsy doesn't list EarthCoin and CoinEx Isn't working well. I was able to log on with my Google account after fumbling around on the site, but then I logged off and can't log back on. InCryptEx looks promising but it is beta and not open for business. Where would I buy EarthCoin, I want to use an exchange, or escrow account.
Until they have a full ledger for EAC cryptsy is taking a bit risk putting another huge potential scam coin on there. This kind of thing will bring them down in future as being enablers to this kind of potential fraud.
They need to get some solid guidelines there for when questions get asked in the future. Coins need to having full ledgers and wallet ids provided which contain the premine. Phenix was a good scam but there are some much larger potential scams brewing here.
I am not saying EAC is a scam, however it needs to give a full ledger as and wallet address of where the huge premine is stashed. If that suddenly starts going down without reason ....exchanges need to halt trading of the coin.
This is the only way to stop some very large potential frauds happening in the future.
Agreed with dumping precaution. Every time there's premine or notoriously unfair coin distribution, we must be careful. Cryptsy, however, didn't mind having QRK (and 14% of all quarks belong to 3 (three!!) addresses, with another 335 addresses containing 61% of all coins), so that issue probably doesn't matter much to cryptsy.
