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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ELITE] EliteCoin - Only 20k ELC! - NO PREMINE! X11 POW+POS - *BITTREX!*
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on: July 25, 2014, 06:27:47 PM
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@bit1
You know, if a lot of people request anon. transactions, we will work on this ASAP.
But people seems to believe that a feature like that will rise the price of a coin, when actually the only thing that could rise the price, depends on the things you can do with that coin (that's what we believe). And that's why we are focused in getting some online stores to accept Elite. And the 1st of August the first one will be up.
--
Also, about the POW phase, 2 weeks is not a long time. If everybody got used to coins with pow phases of 24~72 hours, it's not our problem. And those kind of coins die in 2 days.
It's been only 3 days, and anything could happen. But we're still here answering all questions, and we're active.
About the dump, NO ONE can control that! People will eventually dump a lot of coins for cheap. Now that the price is stable again, the only way to rise it is holding the coins or buying a big volume at a higher price.
We'll be also buying our own coins, since we started mining like everybody else, yesterday.
With all due respect. Use as a currency is what Bitcoin offers. Altcoins for the most part are trade vehicles used to gain bitcoin, that's it - that's all they are good for. What gives value to an altcoin are innovations like anonymity, if they have nothing like this to offer they aren't going to appeal to traders. |
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ELITE] EliteCoin - Only 20k ELC! - NO PREMINE! X11 POW+POS - *BITTREX!*
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on: July 25, 2014, 04:47:40 PM
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Not trying to fud, just trying to understand what about Elite is worth buying it?  If it's just the name and the rarity, so you can think of yourself as an elite for owning it, that ain't gonna cut it. same that USD and EUR and all coins, sometimes up and sometimes down......, you can buy or sell things with it, elite is beginning in crypto, if dev continue his good work this coin will be ELITE beyond of anothers cryptos. and name is very important because if you want buy, what do you buy first? Elitecoin, or Soupcoin? What can you buy or sell with it? I don't believe a coin called Soupcoin exists, so why would I face that choice? I'm really not trying to fud here, but these answers leave me with the innevitable conclusion that no one here knows why this coin is worth buying. |
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1544
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ELITE] EliteCoin - Only 20k ELC! - NO PREMINE! X11 POW+POS - *BITTREX!*
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on: July 25, 2014, 02:32:46 PM
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I suggest selling at .1 btc. If everyone starts selling around that on bittrex people with buy up on every other exchange and the price will actually go to that. If everyone mutually agree on a price we could make it happen. The problem is convincing everyone. But I put in a sell order at .1 btc I suggest everyone make yours a similar price.
No, doing that would result is zero volume. Wtf makes you think a coin will sell at whatever price sellers set it for? you need to create a reason for the coin to exist and add hype for price tor rise, unfortunately right now Elite has neither. how can you say that, network hashrate is still very high so hype is obvious, and the idea of elite coin is great, if the most of people who want to join 'elite club' will take this coin as a long term investment and keep coins staking, price 1BTC is very real. i'm still buying from dumpers, and keeping coins in wallet. Help me out, what is the elite club? what makes you think this coin would be worth 15x sync mkt cap after pow? i meant like club of owners of elitecoin, was it so hard to figure out? If i understand idea of Elite coin correctly, there is no need to develop anon, tor, and shit for this coin, its theme is original and can maybe break the trend of p&d over night coins, and can be a coin for long term staking, and actually using for purchasing goods. So this is like the mystique of a Harley, I just don't understand? You'll have to be a bit more specific, what is the theme and what makes the coin above having to offer innovations? |
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1545
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ELITE] EliteCoin - Only 20k ELC! - NO PREMINE! X11 POW+POS - *BITTREX!*
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on: July 25, 2014, 03:16:24 AM
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I suggest selling at .1 btc. If everyone starts selling around that on bittrex people with buy up on every other exchange and the price will actually go to that. If everyone mutually agree on a price we could make it happen. The problem is convincing everyone. But I put in a sell order at .1 btc I suggest everyone make yours a similar price.
No, doing that would result is zero volume. Wtf makes you think a coin will sell at whatever price sellers set it for? you need to create a reason for the coin to exist and add hype for price tor rise, unfortunately right now Elite has neither. how can you say that, network hashrate is still very high so hype is obvious, and the idea of elite coin is great, if the most of people who want to join 'elite club' will take this coin as a long term investment and keep coins staking, price 1BTC is very real. i'm still buying from dumpers, and keeping coins in wallet. Help me out, what is the elite club? what makes you think this coin would be worth 15x sync mkt cap after pow? |
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1546
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ELITE] EliteCoin - Only 20k ELC! - NO PREMINE! X11 POW+POS - *BITTREX!*
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on: July 25, 2014, 02:35:13 AM
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I suggest selling at .1 btc. If everyone starts selling around that on bittrex people with buy up on every other exchange and the price will actually go to that. If everyone mutually agree on a price we could make it happen. The problem is convincing everyone. But I put in a sell order at .1 btc I suggest everyone make yours a similar price.
No, doing that would result is zero volume. Wtf makes you think a coin will sell at whatever price sellers set it for? you need to create a reason for the coin to exist and add hype for price tor rise, unfortunately right now Elite has neither. |
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [VENT] venturecoin FULL ICO @Bittrex *** Including whitepaper
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on: July 21, 2014, 01:56:14 AM
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I wish it cost 10x what it now costs to make and launch a coin. There is so little risk with so much to gain from scam developers, no wonder we have this situation.
As far as venturecoin, you are fucking dreaming if you think you're gonna get rich with this shit. Via may be turn out to be the biggest scam this summer, but their ann page and website are first class and very believable. Comparing their ipo to this is like comparing a 4 star hotel with the Bates motel.
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PES] Pesa - Anonymous Coin - No Premine - Dynamic Interest - PoStr
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on: July 20, 2014, 06:21:17 PM
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Not sure if the exchanges will rush to add it after yesterday's CNL dilemma. It was an obvious scam and every exchange rushed it to be first in volume, but this will on the long-term cause negativity towards exchanges.
Coins seems the same as CNL, OP doesn't give additional infos after putting up the ANN and starting the coin, also stated to be anon.
Not spreading fud, just be cautious please.
Exchanges are just tools, can't blame stupidity on them. What was a head scratcher was the dev didn't try to hype the coin up more with bs. His absence was the only thing keeping conceal from much higher prices. Any naivette left that exchanges give a crap if a coin is a scam should be gone now. The only reason they added it so quick was because of the 24 hour mining period for 10m coins. Everyone made out except most of the buyers, I saw a couple 100k buys near 5k sats, lot of money was lost on that bitch. |
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you guys are going for a $6m mkt cap, what kind of profit do you think investors are going to see with that kind of start? 
so anything unique about this coin?
