Dude, if a coin goes from 100 to 800 in 4 weeks that might require less thought than the same coin going from 800 to 100 in 4 weeks.  





Huh???  "success"

65% (770 to 270) devaluation in 15 days isn't success, nor anything to be envious of.


Any and ALL coins with a performance record like that have no reason whatsoever to expect praise of CC investors.

As it concerns EMC2 investors on top of the 65% loss they also carry the 2% mining tax, the weighted aggregate loss is near 70% for them. 

God forbid said miners ask for a different way to mine.   yep, "success"  [idiot]

Well the time stamp has passed, and I see no indication of any such dump.

But I assure you that any such instant dump would be catastrophic and EASILY send it down to LOW double digits within minutes.


As for your: "people will buy" statement, it's clear that "people" didn't buy enough of EMC2 at 500+ which is why it went to 400+, likewise for 400+ which is why we arrived at 300+; notwithstanding the 2 week time frame, there is absolutely nothing to support any rational conclusion that the existing market, with an avg daily vol of 5 btc, could support 4btc in an hour, not at 200, 100, or even 50 sat.   In less than 30 mins all of the exchanges would have double digit EMC2 and it would take at least a week to get back to pre-instant dump level (200 sat) if there was any remaining interest at all.

an instant dump of 1M+ would give the coin a coronary

might even cause mintpal to suspend trading on the coin

Well it is after 9:30am EST, EMC2 rates are as follows:

Poloniex 281
Mintpal 280
Cryptsy 270


As far as the evidence indicates EMC2 is in a COMA.

EMC2 is NOT strong, is far from strong. 

Hyperbole on either side of the coin does the EMC2 community no good.

Please provide info to support your conclusion that in "just a couple weeks, we will see 1K sat"?

It is approx 7am EST, in 2.5 hrs EMC2's value, will determine (historically) it's week long tone.  Although EMC2 is presently 270 (mintpal) - 280 (Cryptsy), the run up doesn't look good but I'll reserve judgement for a few hours.



 

What is your hypothesis, theory, reasoning, foundation for such a proclamation?






The account is new, true; however as someone earlier intimated it is very likely that the owner of that account also has another account that he is hiding from the conversation.  I don't care so much about the bet, or to know the tenured ID for the writer, I want to know how the writer arrived at his position.

Prejudicial dismission impedes knowledge, I'm willing to give a fair hearing of the claims so that I could arrive at my own conclusions.

Just by you posing the question should wave some flags; but what is your context or point of reference.

The common phrase "you're dead to me" refers to usefulness/utility, many of those who purchased or mine(d) EMC2 for short-term performance have expressed varying levels of  disappointed from divestment to the    , clearly EMC2 is 'dead to them' or not useful, at this time.

With respect to the common usage of 'dead' within the cryptocurrency universe the answer is no, EMC2 is not dead or dying at present because it is responsive.  
However, it is ill, and condition 'critical'.  Value rapidly deteriorating (~60% loss in 10 days).

The viability test for EMC2 is its value at the time of the next fundraisers.  

if it is 800+ range it made miraculous recovery,
if 700 range, healthy,
if 600 range, good,
if 500 range, fair,
anything < 500 it is in really poor condition.

if recent history is any indication of future performance, now that EMC2 has seen 375 twice the CC should be experiencing an upswing at this time, however three factors are still at play:

1) 'Tuesday's press release' failed to provide any measurable bounce,
2) the absence of any voiced short term plan(s) for EMC2, coupled with the unnecessary reiteration of the "long term" plan
and
3) most important of all, the short term buyer's market.  At this point broad based faith in EMC2 is thinning, remaining devotees either can't, or choose not to, support a higher value at this time as such the value continues to sink.


Given all of the above EMC2 is more likely to see 200+ than 600+ by Saturday, but not likely to see either of them.  

Whatever the value is Monday 9:30am EST will set the tone for the rest of the week, if it is 500+ it will be good for the coin, if it is < 424 it will be a rough week for the coin, from 425 to 499 you will likely see a crazy week.



[EDIT: As of 4pm EST today EMC2 broke into 200 zone this is a REALLY bad sign]

I'm expecting some very high performance from this CC in the coming days

I like today's trade performance, much improved.

FUD = Fear, Uncertainty and Doubt

1) Fear - it was postulated a week ago that too many withdrawals was straining the EMC2, at that time it was FEARED that if the withdrawals continued the dip could result in a short term depression in the value of the CC.   Some of those fears were abated when there were multiple announcements of a forthcoming press release that would generate much needed attention to the CC.   When the memo failed to produce expected results, no further mention was made of the memo or the value of the CC.  Subsequently the CC went from simple dip to short term depression as predicted.

2) Uncertainty -  it was initially unclear what caused the CC dip, upon closer examination of relevant data a working conclusion was drawn as to the cause of the dip and subsequent short term price slump.  It's uncertain when EMC2 value will rebound.

3) Doubt - it is doubtful that EMC2's value will rebound without meaningful efforts focused in that direction


So yes there is FUD, relevant FUD, the type you take seriously and do something about.



Presently, it's a buyer's market, meaning far more sellers than buyers.  Two weeks ago people hoped, perhaps prayed, for these low, low prices, but now apparently the buyers have their fill, at this level that is, and are ready for more action, beit up or down.   They see where it's heading so they are likely getting ready for another round of buying except this time at the 300+ level.  At some point you're gonna realize that down without up is not good.













When the offensive language was dished to me wholesale I let it go, you might not have noticed that.  

Yet, I dish a bit of it and the little pussies run to mother-mod crying: 'they said a bad word'  

Don't dish it if you can't take it coming back at a higher velocity.  

If you believe that 'use of offensive language shows a lack of intelligence' that would explains why you used it.  


If you want to know my recommendation for a more attractive EMC2 read the earlier comments without prejudice.







 

Read the posts idiot, sound solutions were offered time and time again. 

That's the thing about cheerleaders they follow so blindly that they trip over themselves trying to be the first on the bandwagon. 

 

someone did a great thing today, filled all of my sell orders, I just want to thank whoever it was, I suspect an individual because the action was recorded as a spike.

If I did as you suggest the coin would sink to 100 sat in a day, at which point I could repurchase it at the new low price if desired; however such actions would be vindictive, irresponsible, and reckless -- I don't do that.

Lucif3r it's encouraging to know that you, and your devilish spirit, are on that side of the issue; nevertheless if you don't like what I write who's encouraging you to read it?  Did someone remove the 'ignore' button?  Are you unaware of the other places to do your cheerleading?   You have many ways to NOT read what I write, yet you concern yourself with trying to limit my privileged of speaking as I see fit.

If the CC was performing properly there would be no need for constructive criticism, or for the cheerleading squad to be out in full force doing damage control.  Too many of you care more about the aesthetics than the vitals, good vitals attract good people to come, pay, play, and stay.  

The present situation didn't occur as a result of forum posts, or any outside force, it happened because someone negligently overmilked the cash-cow.

Instead of cheerleading feed the cow!

'your duty', ... "stepping out of line" ... guess that makes you the Barney fife, the bumbling cheerleading mallcop fool, of Einsteiniumville.

As for "the team" if you are referring to those responsible for creating the massive devaluation and subsequent stagnation of EMC2, they need not respond, their fiduciary responsibility dictates that they take notice, and take actions corrective actions.   It's on them how they deal with their responsibility.   






You start off and the first word you said was "Patience" - that wasn't simply a word out of my mouth as if it originated with me or I was making the plea, it was a one word quote repeated in the form of a question.

The context was: 'leave your money at EMC2 or materialize any paper-loss and move on to some other position'.   Being "patient" or 'staying put' for the sake of loyalty is not a financially sound strategy.  If there is no plan to increase the CCs value what good does it serve the CC investor?   

Cheer leading to boost morale is one thing, but even cheerleaders like yourself can see that EMC2 is not performing well and needs more than cheers to make a meaningful difference.   

This ongoing matter isn't a question of what investors do with their money, it's a matter of who is responsible for concerted actions that resulted in the rapid devaluation of the CC, furthermore what actions were taken to mitigate the damage, and finally what plans are underway to increase the value of the CC. 







"Marketing" is pumping by definition; as such a marking teams job is to pump.   The implication of the mention of the press release along with a call for calm at the time when  EMC2 first turned down was that the press release would/should turn the then frowns around -- well did it? 

For every person who sees 500% profits there is another person who looses 500%  - you're retarded, this is a glaring example of why I called you a fucking moron.  Who lost 500% on XBC or any CC for that matter?

As for "scamcoins" depending on who you ask ALL coins from BTC to 'XYZ' are all scams.   Within the CC community scam coins are often characterized by a premine, a pump and dump. and/or some other scheme to remove value from a coins unbeknownst to the miner or holder of the coin ...





To point out the ills of other coins does nothing for the health of EMC2, ironically however AUR is also preaching patience to their community, their development team is also working around the clock.  They have a vision, a purpose, and goals and pay little to no attention to the market value of the CC, which is precisely why it has dropped so much so fast. 

Those who look at the "long term" with little regard for the short term are irresponsible and short sighted.
 
You say you are only speaking for yourself, but when you say "Were" (which I'm sure you mean we're) and "we" , who is the "we" you are speaking about?



   

It's probably best to read my writings from my perspective than from your interpretations.  I gave specific facts with real-time examples for specific CCs mentioned by unrelated 3rd parties in this thread.   

Someone also mentioned "piggycoin" in this thread [was that you?], according to CMC said CC increased 70% over the most recent 24hrs, as such had someone divested from EMC2 moved to piggycoin at the time it was mentioned then kept funds there until the point of realizing a 70% profit they would have likely made up for the loses they 'minted' at EMC2.   

Don't confuse a statement of fact with a recommendation.   





"It may take years"

At the rate EMC2 is going you have 6 months tops.  The CC industry is not the place to go for "long term" (1year+) plans, if it lasts that long great but you MUST deal with the short term (technically under a year, but for CC industry it's month to month) , and the micro term (week to week) if the plan is to make it to at all.





The '300 zone'  or "300 range", what do you think a zone or range is?  I'm sure the overwhelming majority of people reading that will recognize the '300 zone' to be the range of number from 300 to 399. 

As for the grammar, it's amazing you point out insignificant grammatical errors given the plethora of grammatical errors that litter your text, example: "They are professionals in the forex market and know what their doing" 

I'm new to POS (and next to zero research) but wouldn't the interest to to the address holding the coins in the wallet?

"Patience"? ... for what? ... Tuesday's press release? ... the good news about 'x', 'y', or 'z'?  

As loyal as many may be, there is always another cryptocurrency out there somewhere performing NOW, no need to wait, no need for patience -- up to 2 weeks ago EMC2 was such a CC, now it is becoming old and stale.

When you look at the week's results for the daily volume, and average daily value  individually or together it says that many people have focused their eyes and attention elsewhere.  My guess is because nothing financially productive is currently occurring at EMC2.

When they move their eyes and attention elsewhere eventually they will find other opportunities opportunities like XBC (see one of the above posts).   Notice that the poster/investor didn't want to leave EMC2 but did want to participate in XBC, take a look at XBC's performance since that post was made.  Had he divested at that time, he could have enjoyed at least 500% profit with the new CC.

That's just one example of the opportunity costs people are paying to remain loyal and/or patience.

Currently there is no voiced plan to increase the value of the CC, the only well articulated and ongoing plan is to raise more funds for particular projects.  The projects are clearly the goal of the foundation but went that goal conflicts with the stability of the CC the CC is the priority.

If the CC is not performing it becomes less attractive to the CC community as a whole at which point it becomes stagnate (where it is now) until the core community does something to inspire others outside of it to invest in the CC -- no plan no profit.

As for the ASIC matter, if your vacuum is more powerful than my vacuum it will collect more of the limited dirt than your weaker vac; when the time comes to dump, my dumps are larger than your dumps which might effect the CC market value especially a fragile one.   The most simple fact is "everything counts".



btw - hitting 300 zone 2x in 2wks is an indication the CC is getting comfortable there, like it got cozy with 400 for a full week.

I think I watch too many detective TV shows, but I'm suspicious of recent HBN events.   Here are my 1 + 1,

First 1 is that an exchange with HBN was recently robbed
2nd  1 is HBN experienced a massive serge immediately followed by a moderate dump

the following is my '= 2' explained:

In the past when the thieves sold from exchanges they focused on BTC because it had enormous value, now that btc's value has dropped, and so many alts CCs are doing well the thieves are taking many other coins too.

Unlike btc, ltc, and doge that have so many buyers and sellers for the given supply, such can't really be said for the alts especially HBN, so when a small exchange is robbed and all of their HBNs are taken the thief runs to Cryptsy bids up the value then dumps the stolen good on unsuspecting buyers.  To make things worse some of the buyers are literally buying back their own CCs at a higher price than it was worth when it was stolen from them.


That's my 1 + 1 = 2 results, what do you think?

Even if the facts of the matter are wrong, the merits are sound as such things should be done to limit potential damage.  Here is my top suggestion, delist HBN from all exchanges except Cryptsy; only allow exchanges with a proven track record of responsible performance like Mintpal to list HBN, in this way the above scenerio has less of a chance of effecting HBN.

wow what a ride, this coin made a lot of people very very happy

clearly you need to do a whole lot of homework

there is no saint exchange, they are ALLLLL dangerous, just earlier today polonex shut down for hours then returned with many wallets frozen.  Yes, there was the "im sorry" but there was no advanced notice.  there are people over there riding the XBC wave over there have thousands on the line and just keep it on the site because they don't want to lose out on any of the rise, well if the site never came back on line they would be pretty pissed

There are major complaints about many of the exchanges, most are true and some are false but the fact is shit happens frequently in the wild wild west of cryptocurrency 

My recommendation is to start with the faucets here's a good reliable resource with many different faucets, some daily, some hourly:
www.getcoin2.com/faucets/emc2/

good luck