This coin has announced amazing stuff yet the price sits there doing nothing and slowly dropping. Why do you think that is? It's because no one wants in on this with the way the coin distribution is. investors like to come in and be like I want 10% for this much money. They just want to make a deal with https://twitter.com/blockchainbros and have him stake the coins for them and/or provide them with paper wallets. What if https://twitter.com/blockchainbros was able to premine 2 million coins and sell them off at a set price which maintains the current price per coin but increases the marketcap? |
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LOL, since you want it, here is some more trolling to help you buy lower:
This coin has been around since 2014-07-24 and massive coin creation ended at 2014-08-02 which = 9 days.
This coin is now 2014-07-24 - 2014-08-18 = 387 days old.
9 days / 387 days = 99.5% of the coins were created during the first 2.3% of the coins existance.
That looks horrible to me.
I would suggest copying a more corporate approach like Ethereum. A style with premines to create development with a corporate style equity structure. The "fair" launched/mined coin strategy is not going to work out. This coin is looking to hire devs too. That again seems corporate to me.
Big investors, which is what this coin needs, want to buy in at a set price. They don't want to invest $100,000 and raise the market cap to $3,000,000.
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You can't mine this coin. It is PoS. It has a fair launch with a PoW phase that lasted 14 days. So plenty of time for people to Mine, then buy on exchanges after. I see more coins are going to loyal holders, from the sell offs happening on exchanges. This is good, but the wallets on Bittrex are growing, which is very bad. Make sure to transfer coins into wallets. The longer these big wallets stay there, the lower the price of the coin will keep dropping. Staking is currently at 63% which is very good, but lets try and break 70% and have this as the new average.  Sorry, but these short term PoW coins are starting to look like a scam now. At the time this was launched it was the normal thing to do. If you think about it... you just randomly gave away coins to people who were around, knew about the coin and had money to mine. This would be considered an "instamine", definitely not a "fair launch". My idea is to add in a new premine for development/marketing. Since 14 day PoW is already considered a scam or an instamine, it wouldn't hurt to add in a new premine. If holders hold and buyers stay. You could give away $2 worth of coins to 100,000 users and be bigger than litecoin. I too am sorry....you seem quite uninformed....... they just didn't randomly give away coins...miners who supported network earned coins by providing hash to solve proof of work..that how these things usually work. its was a very fair launch....not at all considered instamine.....so please check your facts.... .where you even around last year? your idea sounds more like a scam than anything...a new premine ! if you consider what this team has accomplished a scam...please feel free to stay away. far away ...please I own some of this coin and would like to see it succeed. Promoting it as a "fair launch" coin is a bad move because it was instantly mined in 14 days and then further increased the instaminers bags through PoS. I would take a different approach and try to minimize the instamine. An additional marketing premine would minimize the instamine % of coins. If the new premine was distributed well and attracted new users, I would be happy to have my IOC % diluted. I would hope for a substantial increase later due to a larger community involved in it. |
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You can't mine this coin. It is PoS. It has a fair launch with a PoW phase that lasted 14 days. So plenty of time for people to Mine, then buy on exchanges after. I see more coins are going to loyal holders, from the sell offs happening on exchanges. This is good, but the wallets on Bittrex are growing, which is very bad. Make sure to transfer coins into wallets. The longer these big wallets stay there, the lower the price of the coin will keep dropping. Staking is currently at 63% which is very good, but lets try and break 70% and have this as the new average. Sorry, but these short term PoW coins are starting to look like a scam now. At the time this was launched it was the normal thing to do. If you think about it... you just randomly gave away coins to people who were around, knew about the coin and had money to mine. This would be considered an "instamine", definitely not a "fair launch". My idea is to add in a new premine for development/marketing. Since 14 day PoW is already considered a scam or an instamine, it wouldn't hurt to add in a new premine. If holders hold and buyers stay. You could give away $2 worth of coins to 100,000 users and be bigger than litecoin. |
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Did the dev leave this coin already  |
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Any new word on how the dev premine will work or a release date?
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This is exciting. I hope that I can get a lot of this coin and help it grow.
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is ETH store everything on it wallet and blockchain or it have to depend on a centrallized machines somewhere else?
i guessed no one can answer me anything, it's all about trading and no one really know crap about ETH.
i think if ETH and ETH dapp is centralized then it should be worth nothing. third party company like coinbase or blockchain should easily build contract and app around bitcoin, even little kid using java can build contract around bitcoin as third party. java is free! i guessed i will have to look into this if ETH and ETH dapp is centralized or decentralized.
Whether ether if centralised or decentralised i personally dont like the way ether was launched, to this day there isnt a proper announcement page for ether with total coins, algo, pools and other stuff, devs who dont get paid actually do a better job in my opinion. This is my problem as well. I hear all the great things about ETH and I am indeed intrigued, but when I go and try to find hard concrete evidence I come up empty. One of the biggest claims being thrown around rather loosely is the IBM and Samsung association. The only thing I have found so far to back this up is a link on the bottom of ETH homepage with the IBM logo, but instead of going to a IBM or Samsung site, it instead points to a third party: https://www.theprotocol.tv/adept-demo-ibm-samsung/. This article then references ADEPT, the Autonomous Decentralized Peer-to-Peer Telemetry project and provides a link to: http://ibm.biz/devicedemocracy. Searching this document yields no results for Ethereum. I then search IBM's main site using the search function at the top of the page, and I do get three results. Two look like some type of support issues not really relevant upon reading them, but the first one is interesting, it is titled: Device democracy Saving the future of the Internet of Things, so I go read the pdf to investigate further. http://public.dhe.ibm.com/common/ssi/ecm/gb/en/gbe03620usen/GBE03620USEN.PDFI search the pdf for Ethereum, and the only thing I can find is the footnote at the bottom: So I look through the pdf to find the referenced quote and I find this: Why blockchains work for the IoT
A technology breakthrough that has fundamentally changed our notions of centralized authority,
the blockchain is a universal digital ledger that functions at the heart of decentralized financial
systems such as Bitcoin, and increasingly, many other decentralized systems.
The blockchain holds a record of every transaction made by every participant. Cryptography
is used to verify transactions and keep information on the blockchain private. Many participants
verify each transaction, providing highly redundant verification and are rewarded for the
computational work required. By confirming transactions using decentralized consensus,
the blockchain eliminates the need for trust.
While the blockchain may carry regulatory and economic risk as a long-term store of value
(as in the case of Bitcoin), it can be quite revolutionary as a transaction processing tool.
15
In our vision of a decentralized IoT, the blockchain is the framework facilitating transaction
processing and coordination among interacting devices. Each manages its own roles and
behavior, resulting in an “Internet of Decentralized, Autonomous Things” – and thus the
democratization of the digital world (see Figure 5).
I highlighted in red the portion referencing footnote 15, the one referring to Ethereum. As you can see, they talk more about Bitcoin, and make just a passing reference to how the block chain can be used for a transaction processing tool which then refers to the Ethereum wiki page. Well long story short, call me a bit underwhelmed by this support by IBM. Maybe I am missing more relevant discussion or links, and if so please point them out. As I said before I am interested, but have yet to find any solid evidence to support all the claims. here is ibm adept video, they talk about bitcoin, bittorent and ethoream. i don't see any ethoream in action in this video, i believed none of the demo in this video is using any ethoream coding. people would need to pay ethoream to use washer machine and to use remote control which can achieve with a simple java coding. i see this is probably the reason why the head of ibm adept is already gone. at this point ethoream is just pure HYPE. eth is basically still a vaporware at this point and it would take years before they can prove anything. Nice research. I agree with you, once you start trying to find out hard facts about Ethereum, they kind of disappear into the... well, ether. It's the nature of the beast I suppose. Either that or you'll read contradictory points with no one laying down hard rules/plans. I really want to like Ether, but at the moment it's a bit too ethereal for my liking. I'm researching Ethereum clones. It looks like there will be some out soon. Ethereum tech is way better than bitcoin tech. |
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decentralized! It's just like bitcoin but new and improved.
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This tutorial is outdated. I need a "How to clone Ethereum tutorial".
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Is this coin a scam? I'm thinking of buying some more. I'm wondering why the price drops if the traders are making money?
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Did "James (USA)" stop developing stuff for this coin?
Probably but its still an ace coin. Where did fartbags come from? LOL that made me chuckle I didn't take this forum seriously when I joined So I chose fartbags. LOL This coin looks pretty amazing and price is getting fairly cheap. It sucks that there is no official dev. I guess it's scary to make this kind of coin. |
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Did "James (USA)" stop developing stuff for this coin?
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The price is getting pretty good. Hopefully it goes down even more.
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This coin is still valued pretty high. I have a feeling we might see sub 2000 sat prices.
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No need to switch much. Ethereum is still building code that will only be usable if the same code base is used along with them. There will also be lots of bugs they fix.
How easy is it to set up a new ethereum test chain with a different name? Did the Ethereum team build this feature into their release? |
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No need to switch much. Ethereum is still building code that will only be usable if the same code base is used along with them. There will also be lots of bugs they fix.
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You donks are so dumb. Let the price fall. There is massive PoS coin creation going on right now. The early miners who had the GPU miner at launch of this coin are making a killing.
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There are so many good ideas. You better just make like 10 different clones. LOL
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Release the coin. An exact clone is fine. ETH is amazing.
A reduced mining rewards schedule like bitcoin might be cool!
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