EAC difficulty is risen by 3 times since 10hours ago. Price has risen around 25% only. Price should have gone up at least 2 times by now. Someone is selling hard. I wonder who...
difficulty rise is immediate
prices rise in a delayed fashion. totally normal. especially since none of the bigger exchanges have EAC yet...
so it's a bit early for conspiracy talk
I just love those responses, but im just going to keep ignoring teenagers rage on me and respond to you alone.
I agree that its early for making conclusions, but those are just pure facts.
Take a look at DOGE or QUARK or some other alt coin as example. Difficulty rose just as fast, but demand rose way faster. DOGE had huge bubble. At one point it was 3 times more profitable to mine and sell, than any other coin in crypto economy. This hasnt happen to EAC and will likely not happen. The fact is that something is holding EAC price down. We dont know the reason.
Other alts dont always make a fair comparsion, but have to take some variables to make a logical conclusion.
Im sitting on EAC myself since it was the most profitable coin for couple of days and has fairly good base for being a great coin. I would like price to go higher. I just leave my personal emotions aside when it comes to profitability calculations.