I have more than a few friends living at what is considered poverty level income, frankly the name is insulting. As are half the new coins these days.
6 months ago no one would have even considered making a blasphemous coin. Coins were not made to mock one group or another. Dev's actually put time and effort into development every week or even on a daily basis. None of this premine disappear for a month and come back to x# of bitcoins profit.
EVERY single one of these "mine my coin" threads starts off with "get in while you can it's low difficulty".
When in reality that's a bunch of bullshit. Low difficulty or not (often not) multiple 10-50 MH farms flood every half way decent pool.
An example of several different pools I've mined recently
30MH
10MH
10MH
9MH
6MH
3MH
3MH
3MH
Top 3-5 spots getting about 90% of all the coins mined by the pool.
6 months ago someone with sub 1MH could make a decent profit mining new coins. Not so much the case anymore.
Greed has completely screwed the crypto markets. Coins that should be launched as LTC pairs are now launched as BTC pairs. Leaving almost no room for appreciation. Why? For a quicker buck! Not only for miners but for secondary exchanges. Evidently 0.1% doesn't add quick enough ltc markets.
The community was 10x better 6 months ago. Scammers weren't openly scamming people 24/7. It atleast took a little bit of thought. Coins weren't total shit. Get the point?
No one gives a shit anymore.
Did u watch the actual diff ?
I'm not in the dev team, i'm not rich in ebt. I don't care about the name. Give me chips to pay for my food, i'll use chips instead of euros.
The diff is < 1 for a long time. What i'm saying is small time miners can join in, have a good stake in ebt, then make it grow together; as it is : an open source project.
Why should i promote a coin where i could only mine cents/day when I could mine a bunch of that pow/pos currency and try to promote it as a long term holder.
and btw, if you don't give a shit, why don't you gtfo without saying bullshit...
I am promoting EBT's because the launch was actually fair, the reward is still interesting for small people (yes, like me) and I can find an interest being involved in that project (as i can, making this thread for exemple)
I don't have answers. Only questions.
cheers guys