Of course this sucks, and while the price is pathetic at current levels, there is still potential for this coin. With the low float of coins (5.7 million before POS), and with the solid structure, this can once again rise from the ashes. I will be working personally on an exchange where you can purchase real life merchandise with RAW, and I am very likely the largest shareholder with the most to gain from a large price increase.

I was involved heavily with Earthcoin from early on, and was the #1 seller of physical bullion silver in exchange for crypto for many months. (I still have some Diamond & Ruby 18k white gold earrings for sale on earthazaar.com, that I might switch to be exchanged for RAW instead.) (https://earthazaar.com/wp-content/uploads/2014/06/DSC07361.jpg)

I run a legitimate business on eBay and have 99.8% positive reviews with over 2000 sales to date. I sell gold and silver jewelry and coins mainly. I will be posting more info as my ideas develop, but I do need some help from the community to make this work.

Does anyone know how to read the code of RAW to make sure it is sound and does not contain any premine or hidden items that would be detrimental to the long term health of the coin? What is the process involved to make sure the code is solid, safe and free from potential hackers or those who would change the structure of the coin?

If I don't hear from the twitter account of RAW shortly I will create a new one and begin communication from there. Whatever clown is running the account now is too busy to write 140 characters about the status of any updates, so we must assume there are none.

I also like the idea of the CLUB RAW initiative, but the main person in charge of the mining shares is really pissed now at the incompetence of the so called 'Devs'. But I am hoping we can still work something out longterm and actually bring this coin around to being a success. The original CLUB RAW idea is a great one, and should be expanded upon.

As far as the name being ruined, etc. A rising price, roadmap, and real world economic use cases will solve all of that over time. We must also rid ourselves of the scammers and P&D groups who are trying to control this coin. The "Foundation" that exists to support this coin has done nothing to prove so, words are very cheap I am afraid, and they are short on action. Nor have they explained the 400k that disappeared on Sept 5 along with a market dump in RAW price....

Its time for transparency and professional leadership to step in. I will be working towards that goal in the near future. Anyone interested in helping; post here, or PM me here or on Twitter @bwilliken.

I see a bright future ahead for this coin.

ATX

Hello $RAW Followers. I am interested in participating in this community and offering my services to support this initiative. I would like input on some ideas I have to add value to this coin, and to create long-term value for the investors and community.

1) I would like to offer precious metals in exchange for $RAW. This could be done 1 of 2 ways. I can create an exchange website where I would sell 1 Oz silver Bars & Coins, as well as fractional gold, at a set price of $RAW, or set it up as an auction format.

2) I could set up the precious metals exchange as an addition to Club $RAW, and offer the largest holders monthly (50,000+ Raw? 100,000 + RAW?) silver 'dividends' to holders of a certain size of $RAW. I may start off just doing 1 oz of silver per month, and increase that amount along with the increase in price of $RAW, assuming I would be able to sell off small portions of my holdings in RAW or my POS stakes (I hold a significant amount of RAW currently) and invest in more precious metals to distribute to loyal Club RAW Members.

I also have copious amounts of Collectible Copper 1 Oz rounds, Rare Paper Money & Foreign Coins, Various Pre-1965 'Junk' US Silver Coinage, Morgan & Peace Silver Dollars, Novelty Tokens, and over 1000 Gold & Silver Jewelry Items that I currently have for sale online.

Any feedback would be welcomed.

I have also had square dealings with David in the past. I hope he feels the same about me :-)

I guess you don't understand the idea of creating a 'stabilization fund'. Go read up on Nautilus coin and Brian Kelly and how he supports Nautilus coin by selling some coins to raise BTC and place orders to 'protect' the price from just being raped by miners and to keep the price from being overly volatile, which always shakes out long-term investors, and attracts speculators, miners, and others who don't give a damn about anything but profit.

And YES. You can SUPPORT THE PRICE BY SELLING SHARES!!!!!!!!!

You see, with all those coins the devs have, and they get more by skimming off the top everyday, they could have been selling on a shedule, or when the price goes up 25% in 1 day, or some other parameters, and they use that BTC they raise to put in the stabilization fund. Then when a big dumper comes in, they can place bids below the market to offer some support and protection from the price getting slaughtered and scaring out all the long-term investors who don't care to watch all their BTC disappear for some pie in the sky idea that is half-ass executed.

You see, a lot of what success in Alt Coins is about is 'PERCEPTION'. When you allow miners, rapers, and speculators to drive a price down into the dirt, you destroy the 'belief' that this coin can pass the test of time, AND THE AVERAGE INVESTOR IN CRYPTO-CURRENCY WILL NOT BUY AND HOLD YOUR COIN!

This creates the vicious cycle we have seen play out with almost every Alt. Coin to date. The stabilization fund is a brilliant way to cut down on 'volatility' and help stop the cycle of never ending selling that will happen if there is not a belief in higher prices in the future.

I understand curing cancer is great, but you have to also understand that a HIGHER SATOSHI price will lead to more folding and lead to curing cancer faster. Letting this coin go down to 5 satoshi will not HELP IN THAT GOAL!!!!!

THINK ABOUT IT. Every 1,000 Curecoins the devs could have sold above 100,000 satoshi could be used now to buy 10X as many coins on the bid, and support the price. They could have done the same thing the whole way down. This would enable them to create some stability and stop the panic selling that is inevitable when you allow the price to tumble without any clear way to stop it.

SO yeah, call me STUPID. Why the hell do you want me to prove how many coins I own? How is that relevant to helping this coin succeed? You will get a good idea of how many coins I have by looking at the volume at the end of the day today and seeing where the price ends up.

I am not trying to 'destroy' this coin. I truly liked the idea and believed in it, but the lack of action from the developers and support structure to outside ideas is pathetic. They sit in their ivory tower, getting more coins into their private 'funds', so I guess they don't give a $hit if the price goes down right? That just hurts the 'small guy' or the average investor' The almighty geniuses who created this coin can just sit back on their a$$es now and high-five eachother about how smart they are curing cancer.

Too bad that is a sure path to destruction, not me selling my coins on the open market. I am just calling a spade a spade. I know that the truth hurts sometimes, and therefore you attack my intelligence ad hominem because you CANNOT attack my argument about WHY they would not create a stabilization fund with all those coins that are sitting in their coffers for some 'future wonderful idea'.

Guess what, that future Idea won't buy you a cheeseburger if you sell those coins when this goes to 5 satoshi. So lets use that BTC that could be raised now to start SUPPORTING THIS COIN proactively. I feel the devs hearts are in the right place, but they obviously don't understand how to market or the economics of Price/ Supply / Demand in regards to Alt. Coins.

Hell, sell all their stash now and bribe a major publication to publish an article about what that coin does. That would be worth 5x whatever they will be trying to do at the conference. Are the 'astute investors' paying for the devs plane tickets, hotels & fancy steak dinners also? This is very reminiscent of some wall street companies I knew who have fleeced investors over and over again all for their own good.

Like the old saying goes, I take 'your money' and 'my experience', and turn it into 'my money' and 'your experience'.

I am sorry guys. I will be dumping my 100,000 plus curecoins today on the open market. Please put your buy orders out there. I have had enough of watching these incompetent fools who pass as devs watch idly as the price just slowly dies toward 0. I will put it at 0 where it belongs since no one else seems to give a $hit. Sad that such a great idea will become a worthless afterthought in crypto world and will never be a major force. They should have partnered with a charity or had someone with half a brain get a PR on a major news line. I guess this is what happens when programmers try to create a coin with a sizeable IPO (Red flag - they obviously have been dumping big time, did the devs not try to get people who cared about the long term goals of this coin? They just sold to whoever had shiny money in their hands and let them dump whenever they want?)

All the free coins going to the devs personal piggy bank and they refuse to sell any of them on this terrible slide down to put in bids to help buoy the price at a reasonable level?

They will not do any measures to stabilize this price and create some investor confidence? Just attending some conference in the future is not good enough, they need concrete measures to stabilize this coin.

Donate a bunch of the coins you get free everyday to a marketing firm, how about that? Or hire someone who is huge on twitter like @Bryce_Weiner to help with the coin and get a solid following.

I loved the idea, but I am not a stupid person, and I know I can buy 10x as many coins next month when the price is 100 satoshi. So you will be seeing my sell orders crashing the price today and tomorrow if I can't get out of all my coins.

I have had enough. This $hit pisses me off and unfortunately I think this may just be another clever way to enrich a few at the expense of the many. After all, the path to HELL is paved with good intentions.

SHAME ON YOU DEVS - SHAMEFUL!

Use your personal fortunes you've made off this coin to do something to support the FU$)*NG PRICE!

Look out below!

 

I really think some of the premine should be used to create a 'stabilization fund' that would be used to put bids in to 'support' the CureCoin price. Look up what Nautilus coin is doing, and how non-volatile it is. This would also make the remainder of the 'Premine' and the Devs' coind worth SO MUCH MORE when they needed to cash out to go to conferences, etc.

The bottom line is that if all anyone sees is the CureCoin price slowly going down to 0, with hardly and up moves in between, we will have a crisis of confidence, and wonderful humanitarian idea or not, this coin will be raped to death by the miners who insta-dump whatever they mine unless the 'development team' does something to stop them.

Heres what I propose, out of all the coins you have 'set aside' for some miracle use one day, (Will only be a few bucks if this gets dumped down to 5 satoshi), you set aside 50% of that to ensure higher prices and incentivize long-term holders like myself to believe that we wont just lose 90% of our purchases within the next month.

You have to combine real world economics with the pie in the sky stuff to actually succeed with this idea, Jus think about it for a second, if you had sold 50% of your premine when this coin was at 100,000 plus satoshi, to put it in the 'stabilization fund' you could have set buy orders in tiers after the initial sell off below current market prices, and we would be looking at a 50,000 + Satoshi price Vs. the pathetic 10,000 price we now have.

This would inspire confidence among long-term holders, bring in more miners who will help fold and solve cancer, and provide some 'stability' vs the constant massacre the people who want to be in this long-term are currently witnessing. If you cannot support this price somehow, (and I agree, the lack of marketing is pathetic, an idea this great should have hit a major news medium by now, bringing in new blood and members to the community WTF?) then the coin will just die a slow death, and long-term members will eventually capitulate and throw in the towel.

I won't lie, I hold over 10,000 curecoins, and I am tempted right now to just dump them all on the market. I have no problem with charity, but when I lose over 90% of my purchase prices on my last 5 buys, it sure seems like either the devs are incompetent, there is no marketing, or possibly something nefarious is going on with the premine. How can those coins not be used for the purpose of benefiting those who have to pay hard earned BTC or mining power for their curecoins? Is that fair? That the 'devs' get the premine hoard and get more everyday and are doing nothing to support this price action? Sell some of the coins on every large 'up' move and use them to support the price. Or just do it slowly on a schedule to ensure you raise significant amount of BTC from your 'free coins' that could help out the community and build a cycle of positive/ non-volatile price action, not just watch this pig bleed out like a cancer patient on his last leg.

Sorry to sound so rough, but I come from an investment/ stock prospective, and all there are very clear financial moves that can support this coin that no one seems interested in, so I would like to hear some ideas on how to create a stable & rising price to avert the 'crisis of confidence' that the coin currently has.

Best,
ATX

Also @ Centurion

I want to send you some additional EAC to keep the Earthcoin 'Tipbot' going. Not sure how to do this, so if you could help me figure out how to send more EAC to give random people tips in Earthcoin on Reddit I will donate a sizeable investment to help get new people interested.

LMK how I can help with this.

Thx

@ bottom feeder- Thanks for the information. That helps explain the system to me somewhat. I was just taken aside by how much attention these latest coins such as Razr, Crypt, and even Darkcoin have been getting regarding 'anonymous' transactions. Also thank you for the tumbling through an exchange advice, privacy is very important to those who believe the government is too intrusive as-is, and believes in free market economics.

@ centurion - Yes I agree, more people using EAC as a currency to purchase real world items is crucial to adoption and success, but the end of the day, however you 'get' your earthcoin (Mining, exchanges, selling something on Earthazaar) people need to somehow be incentivized to not just dump EAC back on the market for a pittance of 2 satoshi. There have to be more 'buyers' than 'sellers' over a long period of time to get a sustained price rise.

At this point, what we truly have is a 'crisis of confidence'. There is no true leadership for this coin. The community has 0 reason to believe that their Earthcoins will go up anytime in the future. There are a handful of people doing some work to keep this dream alive, but there needs to be a fresh influx of new investors to stir up this pot.

We HAVE to grab some attention somehow. I absolutely say we have to cut these block rewards down as drastically as possible. Lets eliminate as many excess coin as needed to help dry up those sell orders, and convince more people to believe that EAC will be worth more than 2 satoshi in a months time, and possibly much more than that in a years time.

Simple Supply & Demand. There is no reason to have 13 billion coins, there is a reason that coins with a smaller float of supply have higher prices. Lets cut down the rewards as drastically as possible, as soon as possible. Once this is announced, and hits other forums, new people will come in, infuse the coin with new life, find earthazaar and spend/ sell items for EAC, and overall life the Satoshi price back to a reasonable level. (50 Satoshi +). This will build investor confidence and lead to further improvements for the future of Earthcoin. The idea, and the dream is still alive, we need to change the coin for the better, and also have a more dedicated and focused leadership vision.

POS, I don't really care honestly, but at this point, I don't see why it would be a terrible idea. If this coin is built for the 'long-run' then a modest amount of POS to match inflation seems reasonable to me. (Not sure how much programming this would take, so I can't say for sure how feasible this would be at this point)

I will work on gaining some promotion for this coin, and I will be doing what I can to help others find Earthcoin and join the community. I will see about some kind of sponsorship and if I can spear head some ideas on gaining traction among new investors. Tips, Ideas and brainstorming is welcome from anyone here.

Matter of fact, here's what I will do to start things off and get some interest flowing right now.

500,000 EAC bounty to whoever posts the 'Best Idea' for the improvement of Earthcoin on this forum by 12:00 Midnight Sunday Night. (End of June 29th).

This person will be chosen at my discretion, and be rewarded with this Earthcoin for pitching the greatest idea to improve the fortunes of Earthcoin. I don't care what idea, what kind of change to the code, anything novel, creative, and potentially game-changing will be considered. Anyone at all is eligible for this BOUNTY.

I will review the responses and ask the individual for their EAC wallet address by Monday Afternoon.

Again thats 500,000 EAC to the person with the best ideas, thoughts, promotion of Earthcoin to be determined by the end of the day tomorrow.

Let those ideas and creativity stream forth. Well thought out posts laying out a 'game plan', long-term vision, code changes, etc. will all be considered.

ATX

Also someone buy these Diamond & Ruby 18K White Gold Earrings.

Add to my already sizeable 'Price Stabilization Fund' (Personal Edition)

https://earthazaar.com/product/3-carat-natural-diamonds-vs-1vs-2-natural-ruby-earrings-in-solid-18k-white-gold/

Anyone still here obviously cares in some capacity about the future and prospects of Earthcoin. Everyone who reads this message should watch this video from one of the brightest minds in cryptocurrency, alt coins, and bitcoin.

There are about 100+ Ideas on this podcast that could absolutely be game changers to EARTHCOIN. This community needs to watch it, take notes, and then propose ideas to get Earthcoin up to speed with the other alt coins that are so far ahead in development and therefore satoshi price.

https://www.youtube.com/watch?v=9VldihoIYuY&feature=youtu.be

My thoughts.

1. How complex would it be to convert Earthcoin to run on the 'TOR' network? An announcement of this type would make Earthcoin the 2nd coin (Razor Coin) to be absolutely anonymous and perfect for preserving our privacy in a post NSA Spying World.

2. I am warming up to the idea of POS, if nothing else, something that pays you 2-3% annually in EAC to incentivize you to hold your coins, or at least keep pace with inflation. What if we also just changed the 'total supply' of Earthcoin from the current plan of 12 billion into something that is MUCH lower. Like say 21 million coins. Or 10 million coins. Shoot the less the better IMO, that way current holders would instantly be holding a greater % of the total "Earthcoin Pie' and new investors would be attracted because then those 12 billion coins are not hanging over their heads. If the original reason for the 12 billion was so 'everyone in the world could have two' or whatever the hell, that is not a good enough reason to not just eliminate 99% of the coins that will be created, therefore increasing the value of all the current holders, and incentivizing the mining community to get back involved because they KNOW the price will rise over the long-term now. Just simple supply & demand. And I honestly think that the Over supply of coins has just been decimating earthcoins, because honestly there is just not a community in place who believes enough in the coin to actually hold the coins for the long-term. Lets knock this supply down to 5-21 million coin range and get rid of this 12 billion nonsense. This will also instantly get us new blood, new miners, new life, and help stop the massive dumping that just happens non-stop with this coin. This would also reward the long-term 'leaders' of this coin who have been holding & accumulating Earthcoin for a long time, only to be left for dead by the community, speculators, the loser 'Dev' who abandoned the coin after selling his premine, etc. Then as the net worth of the long-term holders/ visionaries increases, they can sell some of their holdings to fund serious marketing moves like Nautilus did, sponsoring Jon Fitch in the upcoming UFC fight on CBS next month. They will have 'Nautilus coin' written on his shorts, where all of America will see clearly, at least some will google it, and then buy some coins, driving up the price of all the previous holders/ investors. There is absolutely no reason Earthcoin couldnt pull something like this off, it was only $5,000 after all. If we could get this price to rise we could have enough people pitch in to do this same thing for the next UFC fight, or some other event 'A la Dogecoin & Nascar'

Basically I am arguing that scarcity does matter for alt coins to have a respectable satoshi price, and simple supply and demand fundamentals dictate that we need to get rid of having so many damn coins. It is either do that or just watch Earthcoin die this slow miserable death. Brian Kelly, CNBC Anchor, did a similar thing with his coin, Nautilus coin, changing the shares from 16 million to just 4 million recently. THIS ADDS VALUE TO THOSE WHO HOLD IT, AND THOSE WHO BUY THE COIN IN THE FUTURE.

 I vote to change the game, excite people, and lets drive this bad boy back up to the moon. As the price rises, I will sell my coins, and use the BTC to keep promoting Earthcoin to bigger and better audiences and venues. I am probably the single largest holder of Earthcoin at this point, I have brought as much value as anyone else by selling the most items in an open marketplace for Earthcoin, and now I am ready to do more. I am even open to becoming the 'DEV' if the community would agree to let me start enacting some of the ideas above(and below) and doing everything in my power to increase the 'Satoshi' Price, and perceived value, of this rotten corpse of a coin. You see, I am also the most incentivized for purely selfish reasons, as the number one holder of EAC, I will certainly be ok with working my a$$ off to make sure that I can recoup some of my horrendous investment losses over the long-term. No one has (I dont think) as much at stake as I do to ensure the success of this coin. 

I would like the communities input on this, and even the current dev's thoughts, etc. I am just brainstorming but I have been thoroughly studying successful alt coins the past few months, and I believe I can right this ship.

3. Create a 'Price Stabilization Fund' Hard fork or whatever to divert a certain % of all coins mined into a fund that would be used to place bids to support Earthcoins price over the long-term. This would obviously need to be entrusted to a team, or the 'Dev' or Me, and maybe tracked with some kind of record to show that the BTC gained from sells (of EAC from Price stabilization Fund) would be then turned back around to place 'Buy' Orders, say 25% lower. Seems like this would help with stability, and once we could get a bump back above 20 satoshi range, would create confidence and allow for a self-fulfilling prophecy of new found success.

4. Lets find some way to get new blood involved, new devs, add people to the team, get people excited. Lets do more giveaways to new people to get them interested. Some kind of organized way to market Earthcoin to more people who have given up on it, and wrote it off as dead.

5. Implement something like 'digishield' to prevent the multi-pool miners from just raping Earthcoin and dumping on the market to BTC instantly? This will obviously be more of an issue once the price rises, I doubt its hitting the top of the profitability coins at this time.

Oh, and everyone who gives a damn watch the video I posted in it's entirety.

I just listed the most expensive item ever priced in Earthcoin for sale on Earthazaar.

I am giving a 'Whale' an opportunity to get out of their Earthcoin holdings for an item that is a very good bargain at current EAC prices.

This item retails for $2,999 in ANY jewelry store you would visit. You can buy it today for only 50,000,000 Earthcoins, or a measly $600 at current rates.
 
You may not ever get a better chance to cash out, before we are looking at 1 satoshi without any hope in the horizon, so I would recommend buying this now before your Earthcoins become worthless and you are just another bagholder. ;-)

https://earthazaar.com/product/3-carat-natural-diamonds-vs-1vs-2-natural-ruby-earrings-in-solid-18k-white-gold/

A couple more rare, collectible coins up at auction:

https://earthazaar.com/product/1873-leopold-5-franc-90-silver-collectible-rare-coin/
https://earthazaar.com/product/1934-republica-de-panama-balboa-90-silver-coin-collectible/

http://en.wikipedia.org/wiki/Morgan_silver_dollar

Collectible US MADE 90% Silver coins - I have a return policy for 14 days if you are unsatisfied regardless of the reason as well.

Ones of this quality go on eBay for around $30-$40 typically. The Carson City double that.

https://earthazaar.com/product/1890-morgan-silver-dollar-high-grade-90-silver-us-coin/
https://earthazaar.com/product/1887-o-morgan-silver-dollar-high-grade-rare-us-coin-90-silver/
https://earthazaar.com/product/1879-morgan-silver-dollar-90-silver-high-grade-rare-collectible/
https://earthazaar.com/product/1921-morgan-silver-dollar-high-grade-90-silver-rare-collectible-us-coin/
https://earthazaar.com/product/1882-carson-city-morgan-silver-dollar-rare-90-silver-collectible-coin/

All NO RESERVE AUCTIONS. Free Shipping and Handling to the United States.

Started the bidding at 500,000 EAC

Some really nice coins here (Especially the Carson City), Good Luck.

ATXSilver

Anyone can answer this question?

Can I short DarkCoin yet? I am looking at bitfinex but it looks like you can only short bitcoin and litecoin.

Not saying I absolutely am wanting to short this juggernaut, but it would be interesting to know I had the ability.

Thanks in advance.

Congrats to JaPhillips! I welcome the competition, and truth be told, if we could eventually get 5-10 'bullion' dealers who were selling on Earthazaar, we would see EAC go back up into the 40-50 Satoshi range in no time.

People still pile into worthless Alt coins with no true purpose or value and drive market caps up to $1,000,000 overnight, where only the earlybirds or Devs truly make money. It is speculative money, and it goes away relatively quick, erasing 90+% of the gains many briefly had. Where as with Earthcoin we certainly know where the bottom is at this point, but where could the price be in 1-2 years time? What was bitcoins price 2 years ago?

I do have plans for Earthcoin, but at this point I honestly don't see the relevance of sharing my intentions too clearly when I still need to accumulate more of the market cap of EAC at this 5 satoshi price range in order to truly reap the rewards of my plans.

Many have asked and emailed me about what I am cooking up, and I apologize for the lack of information I am sharing, but honestly, I don't see why I should give anyone else 'inside information' unless they have taken concrete steps toward providing value to Earthcoin similar to what a few of use in this community have done so far.

I will divulge more information on this board once things get closer to 'Go Time'.

A couple of thoughts that I have been brainstorming that I welcome feedback on.

1) Austin is the live music capital of the world, I am friends with some bar owners, and I may have 'Earthcoin' Sponsor a concert, create banners, giveaway t-shirts, coins, sign people up on cryptsy (using my referral key) and explain crypto-currency, etc. All the while enjoying adult beverages and spreading the belief of what freedom crypto-currency represents, and the potential riches that Earthcoin has for those who choose to believe.

I may hire some 'promo girls', similar to 'miller lite girls' and have them wearing Earthcoin swag and giving away promotional materials, etc. Nothing says success like beautiful women IMO. I would certainly make sure this news got picked up by the local media, newspapers, bitcoin blogs, etc.

It wouldn't take much capital for Earthcoin's price to go up exponentially at this point....  and this kind of exposure could be exactly what the doctor ordered.

2) I have also been considering selling 1 gram gold bars, morgan silver dollars, or something of that nature at 50% EAC price of current bullion melt value. Saving up around $10,000 Bullion equivalent, and then offer them for sale simultaneously on Earthazaar for a large discount. This would serve the purpose to hopefully drum up new investors and also those who just wish to arbitrage the market and lock in Free $, but they would obviously have to buy or mine EAC in order to make the purchases. And a move of this magnitude would certainly create some interest and buzz around Earthcoin, and bring some 'new blood' or whales into the equation. I would of course insinuate that I would be continually doing such promotional events randomly to reward Earthcoin holders, and that it may behoove investors to 'buy and hold' as it will not be guaranteed with such increased demand that EAC will languish at such low prices indefinitely....They would need to hold EAC and wait for these special windows of opportunities, providing less selling pressure and more buying pressure, and sopping up much of the supply that is just dumped on the market currently.

Of course, this serves a more selfish purpose as well, to raise the value of my EAC holdings and make me much wealthier 'on paper' with my Earthcoin stake. You see, by losing say $5,000, on my bullion holdings, I could actually gain much more than that with a relatively benign rise in EAC satoshi price, by being in such a unique position as I am, it could actually be a savvy business move to offer huge amounts of Gold & Silver at discounted prices to 'stimulate demand' and marketing efforts.

*Re the POS deal. I still can't say that I see how that adds value, I think we would probably be better served if all significant holders gave away a % of their coins to new people and incentivized them to get involved in the community and have some skin in the game. Increase the buzz, the number of people being active, posting things for sale on Earthazaar, writing articles, etc.

Switching to POS sounds similar to a gimmick that would only serve to bump up EAC price in the short-term, with no long-term benefit that I can see, and only reward the 'get rich quick without effort' crowd.

We need to add real world value, and create a larger community. Part of the reason DOGE has had such fantastic success is because of the 'tipping' community they developed, and how they fostered a fun-loving, open, and LARGE Community. You have to Give to Receive. And the More you Give, the More you will receive.

Another thought I had, was to create some kind of 'Council of Elders', or a powerful coalition of similarly minded, intelligent leaders of Earthcoin who would commit to buying and holding a large amount of Earthcoins float. Say 5% of the float each. Multiplied by 10 people, we could lock up 50% of the float without having to spend a 'crazy' amount of capital individually. I like the idea of rewarding the largest holders by sending them 'dividends' in Silver or Gold, rewarding them for 'holding' EAC for the long-term, if somehow I could have them 'prove' their holdings are indeed theirs, and that they are holding them, I would be open to mailing out 'monthly bullion dividend rewards' to this council of luminaries. Once we accomplished this goal, and I could somehow verify this, I could just convert a small amount of my EAC into BTC monthly, and then directly buy bullion 'Dividends' at a local coin shop that I know that accepts BTC for precious metals, and distribute this purchase every month to the 'Council' evenly.

We have been knocked down, we have been left for dead, and we have been disrespected by all.

But will we Give up? Will we throw in the towel in disgust? Will we hang our heads and cry?

Or will we stand like men, face this problem head on, and power through adversity?

Can Earthcoin rise into glory once again like a Phoenix rising from the ashes?






 

Why not just my physical silver bullion for sale @ Earthazaar.com?

Like 70% of Spot right now & Free S/H - You just have to pay in EAC.

https://earthazaar.com/product/1-oz-999-fine-silver-bullion-lions-head-bar-scottsdale-silver/

Easy Easy Easy