Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: mc_lovin on May 14, 2013, 05:17:03 AM



Title: [WTB] Elacoins
Post by: mc_lovin on May 14, 2013, 05:17:03 AM
Hey this coin is out in like 1 hour apparently.  So instead of bothering to mine it and get reject city so I'll post my WTB in advance.  I'll take 1000, it seems to be self-inflationary so they can't be worth toooo much right off the start..


Title: Re: [WTB] Elacoins
Post by: Milkshake on May 14, 2013, 05:24:45 AM
Each block only has 1 coin at the start due to the low difficulty, 1000 ELC should cost you quite a lot :)

Later on when the reward increases, the demand for it should also have increased (because more people are pointing their hashpower at it).


Title: Re: [WTB] Elacoins
Post by: Vince Torres on May 14, 2013, 05:28:29 AM
Each block only has 1 coin at the start due to the low difficulty, 1000 ELC should cost you quite a lot :)

Later on when the reward increases, the demand for it should also have increased (because more people are pointing their hashpower at it).

So the price should decrease over time?


Title: Re: [WTB] Elacoins
Post by: Tomatocage on May 14, 2013, 05:29:33 AM
Each block only has 1 coin at the start due to the low difficulty, 1000 ELC should cost you quite a lot :)

Later on when the reward increases, the demand for it should also have increased (because more people are pointing their hashpower at it).

So the price should decrease over time?

Sounds like it, yeah.


Title: Re: [WTB] Elacoins
Post by: syn999 on May 14, 2013, 05:29:51 AM
Hey this coin is out in like 1 hour apparently.  So instead of bothering to mine it and get reject city so I'll post my WTB in advance.  I'll take 1000, it seems to be self-inflationary so they can't be worth toooo much right off the start..

go for more? you sold your FRK or GMC yet?


Title: Re: [WTB] Elacoins
Post by: mc_lovin on May 14, 2013, 05:32:20 AM
1 coin at the start.. ahh its not mentioned in their OP.. ah well I can't see a new coin having too much success in the flooded market but if someone mines some and wants to dump them instantly I'm interested. 

These "low quantity" "high value" coins are a pain because they are hard to come by but valueless still so not worth the money for the most part so don't expect me to pay some premium or anything. 


Title: Re: [WTB] Elacoins
Post by: syn999 on May 14, 2013, 05:36:39 AM
whats your price for 1 piece then


Title: Re: [WTB] Elacoins
Post by: Allods on May 14, 2013, 05:39:29 AM
Elacoins is fail.


Title: Re: [WTB] Elacoins
Post by: mc_lovin on May 14, 2013, 06:51:39 AM
whats your price for 1 piece then

by the looks of things, there might not even be any elacoins to have lol

i might have to retract my wtb, looks like a failed launch


Title: Re: [WTB] Elacoins
Post by: syn999 on May 14, 2013, 06:56:01 AM
whats your price for 1 piece then

by the looks of things, there might not even be any elacoins to have lol

i might have to retract my wtb, looks like a failed launch

 ;D

this time we have demand no supply