Everyone remove the sell walls ... didnt u notice the net hashrate is 6 GB/s .... u will never mine again as before and u will never buy agaian at 7 satoshi ... they want u to think that the price is 6-7 satoshi so they can buy more ... why do you think that the net hashrate is 6 GB/s?
+1 Agree completely. I truly feel that none of us (who actually believe in, participate, and contribute to ECC) should be selling below 15-20 It is a free market after all. Most miners need to get money back quickly, as they are using expensive hashpower and moving from coin to coin... longer term considerations don't affect them. Be grateful for the cheap supply. Yeah. someone holding the price down on mintpal to get 6 satoshi coins... Prices cannot be 'held' down, or up for that matter, for more than a temporary phase. These markets are perfectly free, and will find their own levels based on the merit of the currency, and the size and commitment of the community. If you believe, buy and hold. If the price falls be glad that another investor can get cheap supply.
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I can only facepalm at you at this point. You seem to know everything and are obviously much smarter than I am. Perhaps I lack the intellect to get my point across to you.
I am sure your multipool will be the best in the world and the "cleverest" one as you say and will drive ECC to the same price as Bitcoin. Thank God you are here to save all of us ignorant savages with your advanced technological pool.
Seriously though, I would like to hear from others as we all know Mr. hostmaster is on another level from the rest of us of less than average intellect.
Maybe hostmaster is carried away with the genius of his project ! ... I am interested in the way you describe Multipool support for the BC price. I read both arguments, and I am not sure I fully understand the implications, but these are complicated interactions between long and short term factors. I will look into it a bit more, because I can see possible merit in your suggestion.
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Everyone remove the sell walls ... didnt u notice the net hashrate is 6 GB/s .... u will never mine again as before and u will never buy agaian at 7 satoshi ... they want u to think that the price is 6-7 satoshi so they can buy more ... why do you think that the net hashrate is 6 GB/s?
+1 Agree completely. I truly feel that none of us (who actually believe in, participate, and contribute to ECC) should be selling below 15-20 It is a free market after all. Most miners need to get money back quickly, as they are using expensive hashpower and moving from coin to coin... longer term considerations don't affect them. Be grateful for the cheap supply.
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we need people to remove the sell walls.. they are driving price down and they dont even know it
At least sell walls give more supply for distribution. Also, a bit of argument and dissatisfaction on the thread gives nervous miners the desire to sell.
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Miners are dumping...
Excellent... more distribution. Don't worry about the price. Speculated coins are always at the mercy of speculators : the community should concentrate on creating real stability in the infrastructure, and real utility. If that shows substantial progress, there will be buyers later.. There are investors watching a number of coins: they would rather buy a solidly progressed coin later at 50 sat ,than a frothy speculation early at 5 sat.
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Donations welcome EQgDywcyCgo6YimQZdfgF1zi9erhvFPAqi
Text states "ECCoin next generation crypto-currency Fair mining 25% return for first year. ECCoin prices are about to go up very high! Only 30 days left to mine!"
Sent 250k
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ECC coin is doing AMAZING ! We got mintpal now, bter and cryptsy next Community is growing and more and more people discovering the potential of the coin. The dev is working his ass off for the coin and is responding to everything, what can i say, a honest and devoted and a growing community - this is just a reciept for success ! I have one idea but i need help for it, lets create a proffesional presentation of ECC, something that shows WHY any merchant should start using ECC. My English is not near the level required for something like that and i also never did such a presentation. If there are people that have been doing something like that professionaly, you can contact me and we can start doing that. In the same time i will start creating a list of merchants that might be interested in ECC coin and as soon as we have the presentation ready i will start contacting them. Dev, community, tell me what you think about that. Lets get ECC where it belongs ! Firstly, I will be happy to proof read and tidy up any presentation to a professional standard. Secondly, the merchant adoption is a process which needs to have a substantial backing. I am not sure that there is any working software aimed at merchants.. wouldn't that be the first stage, needing some coding projects ?
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We all worked very hard for this and now u sell at 8 satoshi ? wow
Someone will always fall off the moneytrain. Coins changing hands is good. There are plenty of coins being mined right now, and miners always want to defray some of their cost. In recent months they have learnt that all new cryptos are highest in price at the beginning (except it is really true for only 95% of new coins)....so expect plenty of selling . I expect to get more around 4 to 5 sat, the more gets spread around, the better.
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My congratulations guys, Mintpal ours the following gonna be crypsty, but it is necessary to remember that the coin purpose is not speculation, but development!
Well said ! Not speculation... Development. No need to look at price at the moment, there is plenty more ECC to be mined, and it should be shared around.
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So now Mintcoin clones is a thing? No mention on premine? Why does this coin exist when the idea has been done a couple times already? (aka. why clone) Premine mentioned in OP, and 0.99% is very reasonable for me. Clone to mintcoin... I don't know, but I see some differences: this coin is evenly distributed for 45 days, unlike mintcoin with 7 days halve period, so you did not get in early in mintcoin, then you basically screwed. Another thing is that ECCoin gives out interests for the first 9 years, so after 9 years, it will be deflation and virtually no new generation of the coin, interesting concept and we'll see how good it is. yes, will be interesting to see, indeed -- particularly as the coin will, then, not have any visible difference from competitors out there like Peercoin: both Eccoin after those 9 yrs and the original PoS coin Peercoin will then be on a par at 1% "interest" from minting. This means that Eccoin will only be successful in the long run if it, for some reason, happens to top Peercoin etc by then. Also not, that Mintcoin offers a better 5% minting reward till infinity. It **may** be doable for Eccoin though, particularly in light of the much higher minting rewards happening during those first 9 years, but it will also depend on a lot of other factors. 9 years is an eternity in Cryptocurrency. There is an outline plan, but the most important thing is what drives adoption by the largest number of people in the early period. There are dozens of currencies with great ideas, but most will never make it: this is true of all new technology, there are factors which are beyond the scope of planning. That is why the size and skill of the community is key: innovations can respond to growth and change.
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It seems nymusr is approved as developer/co-ordinator , but it would be nice to see a few more votes. https://bitcointalk.org/index.php?topic=519714.new#newThe community is waking up, and should now continue to grow organically. nymusr , please post your Q2C address again for donations, if you are happy with the situation.
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Yes i think so,ecc coin is amazing,i think it will be 20 sat in no time,just shows what you can do when a quality coin like this comes along.Great work dev.
Dev is doing an excellent job. Quality people will want to work on this project, and there will be organic growth. Concentrating on getting the detail right is important right now.
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Was this mass buy from 5 to 8 SAT prebuy for new Chinese exchange? Hints plz Only the buyer(s) know that, and they are not going to say ! I would think 8 sat is a bit too high at this stage. I am looking to buy some more at 4 to 5 , in the next couple of weeks.
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Yes, please vote for your choice. 31 people have voted, there must be a lot more posters here.
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What is the maximum coin age for PoS ?
I couldn't see this technical detail anywhere. It dictates how long coins can be kept inactive and still accrue coin age for staking.
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Looks good, Design OK, but not working yet (is that right ?)
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ECCoin is a great concept, I like the idea of proof-of-stake Cryptos and electricity-saving Crypto coins! Any coin using less energy than bitcoins (or fiat, that is) is good: please note that government fiat uses EVEN MORE energy than bitcoins (have you ever figured how much energy fiat money printing, fiat transactional electricity/clearing, physical bills and coins logistics, distribution, destruction of worn-out bills and coins, and recycling consumes? Not to mention security, forensics and crime investigation after a bank robbery...!) Bitcoin is relatively good (better than fiat) already, the evident issues with wasting power on its part need to be solved by competing Crypto coins that are simply better at these particular matters. This is the general idea of a free market and competing currencies anyway. With ECCoin's 1% PoS reward after 9 years (or the 1% rate of "minting" after 9 years), I don't see the attraction of ECC over PPC (peercoins) though -- as that very Crypto coin has precisely the same situation that EEcoin will have after those initial 9 years out in the future. Adding to the overall picture, MINT (or mintcoins) will offer a more attractive 5% PoS reward FOREVER and hence will be more attractive to merchants, private holders/investors and other stake holders than either PPC or ECC. That said, it will be up to ECCoin and the overall ECC community to gather wider acceptance during those initial 9 years of "advantage over PPC" in order to succeed in the above mentioned competition of currencies. THIS initial period will either make or break ECC against its closest competitors. So let's do it, introduce ECC to a wider market and build a REAL economy (of everyday uses of ECC) around it in order to succeed. To the (da) Moon then Agree with all... However 9 years is an eternity in Crypto. Higher PoS is a vital medium term incentive for adoption and holding (essentially maintenance of network), but a longer term disincentive for using and transacting. 1% is a viable long term PoS, once the network is big enough, and adoption is widespread. This is the stumbling block for all cryptos: Long term structure against short term survival. I would bet at least 99 % of coins will not survive the initial 3 years it took BTC to gain a foothold.
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The site https://coinplorer.com/is more than just a block explorer. It is a good comparison site which has value added. They will list ECC for a fee. There are other sites which bring value to new coins for a fee: I am canvassing community opinion on them. Which sites do community members here feel are worth a listing for ECC, and would you donate to a general fund for this purpose ?
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voted on mintpal relay like ecc lets hope its going places If ECC keeps gaining volume like this, it will get added on mintpal & cryptsy very soon! Good organic growth atm!! Yes certainly, we are going great! It's not too late to get on the ECC train. Start mining fast, we are like a first day fresh :-) thanks to our fair algorithm! Remember first year you do %25 extra. We are highly rewarding your efforts. Excellent job ! Steady pace of growth in exposure: price does not matter at this stage, but interesting to see the volume: some people may be already seeing the potential ! We will ensure that exchanges add ECC , and there are plenty of coins to be mined over the next month, but then the easy supply stops. I am monitoring volume,and will make application to Coinmarketcap when it reaches a high turnover exchange. Meanwhile, please can we have another full function block explorer... a custom/Abe would be great, but https://coinplorer.com/would be also be good. Anybody know their requirements for adding listings ?
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Bittrex has launched Q2C market today
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