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Author Topic: [ANN][EAC] EarthCoin *SEEKING NEW EXCHANGES - HUGE VOLUMES BEING MISSED!  (Read 840286 times)
alz
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January 03, 2014, 11:18:49 PM
 #3441

I've watched coinex EAC trades closely for some time now...

everytime price goes up, someone dumps a gigantic order at a needlessly low price on the market....

e.g. right now: it was at 350 satoshi, then someone dumps 200k at 300... there is zero need to underbid someone by 50 satoshi

and it makes no sense to dump a full 200k in a market with basically no volume

some big players are bashing down prices to buy cheap while most wait for cryptsy....

in a few days some people will need to look up the word "bear trap"


yep I noticed that happening on coinEX all day yesterday.
so your sure its profit motivated manipulation and not some nefarious scheme by a competing coin to damage the credibility of EAC ahead of the first 2X mining day?

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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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testbitcoiner
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January 03, 2014, 11:22:26 PM
 #3442

I've watched coinex EAC trades closely for some time now...

everytime price goes up, someone dumps a gigantic order at a needlessly low price on the market....

e.g. right now: it was at 350 satoshi, then someone dumps 200k at 300... there is zero need to underbid someone by 50 satoshi

and it makes no sense to dump a full 200k in a market with basically no volume

some big players are bashing down prices to buy cheap while most wait for cryptsy....

in a few days some people will need to look up the word "bear trap"


yep I noticed that happening on coinEX all day yesterday.
so your sure its profit motivated manipulation and not some nefarious scheme by a competing coin to damage the credibility of EAC ahead of the first 2X mining day?

that nefarious schemers could do that every x2 and x5 day Smiley

I'm making more now mining than I have for days...

I am sure some pools might be DDOSed or something... diff was over 100 already, now a few times at 30... if some multipools switch to EAC during the x2 day, why stop in the middle of it? makes no sense...

either do the full 24h or don't.
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January 03, 2014, 11:22:51 PM
 #3443


well verry nice feature thanks and posted  !
alz
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January 03, 2014, 11:24:30 PM
 #3444

I've watched coinex EAC trades closely for some time now...

everytime price goes up, someone dumps a gigantic order at a needlessly low price on the market....

e.g. right now: it was at 350 satoshi, then someone dumps 200k at 300... there is zero need to underbid someone by 50 satoshi

and it makes no sense to dump a full 200k in a market with basically no volume

some big players are bashing down prices to buy cheap while most wait for cryptsy....

in a few days some people will need to look up the word "bear trap"


yep I noticed that happening on coinEX all day yesterday.
so your sure its profit motivated manipulation and not some nefarious scheme by a competing coin to damage the credibility of EAC ahead of the first 2X mining day?



that nefarious schemers could do that every x2 and x5 day Smiley

I'm making more now mining than I have for days...

I am sure some pools might be DDOSed or something... diff was over 100 already, now a few times at 30... if some multipools switch to EAC during the x2 day, why stop in the middle of it? makes no sense...

either do the full 24h or don't.



Maybe the %50+ reduction in value in the last 24hrs put them off?

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January 03, 2014, 11:28:18 PM
 #3445

Someone is trying to pump eac as I see now at coinedup.com
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January 03, 2014, 11:28:29 PM
 #3446

I've watched coinex EAC trades closely for some time now...

everytime price goes up, someone dumps a gigantic order at a needlessly low price on the market....

e.g. right now: it was at 350 satoshi, then someone dumps 200k at 300... there is zero need to underbid someone by 50 satoshi

and it makes no sense to dump a full 200k in a market with basically no volume

some big players are bashing down prices to buy cheap while most wait for cryptsy....

in a few days some people will need to look up the word "bear trap"


yep I noticed that happening on coinEX all day yesterday.
so your sure its profit motivated manipulation and not some nefarious scheme by a competing coin to damage the credibility of EAC ahead of the first 2X mining day?



that nefarious schemers could do that every x2 and x5 day Smiley

I'm making more now mining than I have for days...

I am sure some pools might be DDOSed or something... diff was over 100 already, now a few times at 30... if some multipools switch to EAC during the x2 day, why stop in the middle of it? makes no sense...

either do the full 24h or don't.



Maybe the %50+ reduction in value in the last 24hrs put them off?

well, we went down from 400 to 300... that's not much and today is 2x

so they should make a profit...

and even at 300 satoshi, EAC is more profitable than any other cryptsy listed coin when I look at my hourly income and calculate it on coinwarz...

so it makes no sense to start mining and then stop. either they did not like the 400 satoshi to begin with, or the 300 would still be ok
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January 03, 2014, 11:33:00 PM
 #3447

Someone is trying to pump eac as I see now at coinedup.com

I've seen only signs to the opposite. maybe those guys who dumped multi 100k sell orders into the falling market have stopped doing so.

cause that's what's been going on all day.

if you honestly want to sell, you do it in chunks the market can handle. since we have such ridiculously low volume now that it is official that EAC will go cryptsy, 10k orders make sense... not 200k or 500k orders as I have seen. and those aren't even sold. they act as a upper bar so other people who actually want to sell underbid them.

if all those orders would sell, we'd have huge volume. but we don't.

this is, as I said, a classic bear trap
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January 03, 2014, 11:33:13 PM
 #3448

I've watched coinex EAC trades closely for some time now...

everytime price goes up, someone dumps a gigantic order at a needlessly low price on the market....

e.g. right now: it was at 350 satoshi, then someone dumps 200k at 300... there is zero need to underbid someone by 50 satoshi

and it makes no sense to dump a full 200k in a market with basically no volume

some big players are bashing down prices to buy cheap while most wait for cryptsy....

in a few days some people will need to look up the word "bear trap"

1. Dump at 300 at a price of 350 does only mean, that the seller wanted to buy them all, now! He get the best price for him anyway. He could sell at one satoshi and he gets the same btc.
2. How do I get as big player rich when I sell and small buyers buy.

Please no conspirency theories. People are mining this and sell it. There are many earthcoins as supply and many different crypto coins at this time. I like EAC I hold and buy some. But it is not really sooo special. Maybe with Jane-Script it would have been better. The only good thing is marketing^^

"Morality, it could be argued, represents the way that people would like the world to work - whereas economics represents how it actually does work." Freakonomics
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January 03, 2014, 11:35:37 PM
 #3449

Someone is trying to pump eac as I see now at coinedup.com

I've seen only signs to the opposite. maybe those guys who dumped multi 100k sell orders into the falling market have stopped doing so.

cause that's what's been going on all day.

if you honestly want to sell, you do it in chunks the market can handle. since we have such ridiculously low volume now that it is official that EAC will go cryptsy, 10k orders make sense... not 200k or 500k orders as I have seen. and those aren't even sold. they act as a upper bar so other people who actually want to sell underbid them.

if all those orders would sell, we'd have huge volume. but we don't.

this is, as I said, a classic bear trap

Yes, and as annoying as it is, the only thing to do is take advantage of it at the same time.
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January 03, 2014, 11:37:31 PM
 #3450

Someone is trying to pump eac as I see now at coinedup.com

I've seen only signs to the opposite. maybe those guys who dumped multi 100k sell orders into the falling market have stopped doing so.

cause that's what's been going on all day.

if you honestly want to sell, you do it in chunks the market can handle. since we have such ridiculously low volume now that it is official that EAC will go cryptsy, 10k orders make sense... not 200k or 500k orders as I have seen. and those aren't even sold. they act as a upper bar so other people who actually want to sell underbid them.

if all those orders would sell, we'd have huge volume. but we don't.

this is, as I said, a classic bear trap

Yes, and as annoying as it is, the only thing to do is take advantage of it at the same time.

I did that, and then I ran out of BTC... Wink  that's why I'm pissed ^^   as soon as I have no more bitcoins to buy EAC, the market should go up again!!! Cheesy
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January 03, 2014, 11:41:12 PM
 #3451

Someone is trying to pump eac as I see now at coinedup.com

I've seen only signs to the opposite. maybe those guys who dumped multi 100k sell orders into the falling market have stopped doing so.

cause that's what's been going on all day.

if you honestly want to sell, you do it in chunks the market can handle. since we have such ridiculously low volume now that it is official that EAC will go cryptsy, 10k orders make sense... not 200k or 500k orders as I have seen. and those aren't even sold. they act as a upper bar so other people who actually want to sell underbid them.

if all those orders would sell, we'd have huge volume. but we don't.

this is, as I said, a classic bear trap

Yes, and as annoying as it is, the only thing to do is take advantage of it at the same time.

I did that, and then I ran out of BTC... Wink  that's why I'm pissed ^^   as soon as I have no more bitcoins to buy EAC, the market should go up again!!! Cheesy

We're in the same boat  Undecided
testbitcoiner
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January 03, 2014, 11:41:35 PM
 #3452

I've watched coinex EAC trades closely for some time now...

everytime price goes up, someone dumps a gigantic order at a needlessly low price on the market....

e.g. right now: it was at 350 satoshi, then someone dumps 200k at 300... there is zero need to underbid someone by 50 satoshi

and it makes no sense to dump a full 200k in a market with basically no volume

some big players are bashing down prices to buy cheap while most wait for cryptsy....

in a few days some people will need to look up the word "bear trap"

1. Dump at 300 at a price of 350 does only mean, that the seller wanted to buy them all, now! He get the best price for him anyway. He could sell at one satoshi and he gets the same btc.
2. How do I get as big player rich when I sell and small buyers buy.

Please no conspirency theories. People are mining this and sell it. There are many earthcoins as supply and many different crypto coins at this time. I like EAC I hold and buy some. But it is not really sooo special. Maybe with Jane-Script it would have been better. The only good thing is marketing^^

your sentences are not making any sense at all... that stuff you said at 1. isn't even logical in any shape or form. it's a complete non-sequitur.  are you sure you understand what I said? I doubt it is even grammatical what you said

reread my post again, calm down and think about it for a while. then type a post, preferably in English
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January 03, 2014, 11:45:20 PM
 #3453

Someone is trying to pump eac as I see now at coinedup.com

I've seen only signs to the opposite. maybe those guys who dumped multi 100k sell orders into the falling market have stopped doing so.

cause that's what's been going on all day.

if you honestly want to sell, you do it in chunks the market can handle. since we have such ridiculously low volume now that it is official that EAC will go cryptsy, 10k orders make sense... not 200k or 500k orders as I have seen. and those aren't even sold. they act as a upper bar so other people who actually want to sell underbid them.

if all those orders would sell, we'd have huge volume. but we don't.

this is, as I said, a classic bear trap

Yes, and as annoying as it is, the only thing to do is take advantage of it at the same time.

I did that, and then I ran out of BTC... Wink  that's why I'm pissed ^^   as soon as I have no more bitcoins to buy EAC, the market should go up again!!! Cheesy

We're in the same boat  Undecided


+1

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January 03, 2014, 11:46:52 PM
 #3454



At least now the diff is 41 ish I am getting some serious coin from my rigs  Cheesy


Roll on 5x day   wooot

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January 03, 2014, 11:50:52 PM
 #3455



At least now the diff is 41 ish I am getting some serious coin from my rigs  Cheesy


Roll on 5x day   wooot

+5   yeah!



also: what people tend to forget cause we were at 800 a few days ago is:  

e.g. doge has dropped every day, every single day and is now much much lower than it's starting price.

EAC is exactly where we launched on coinex: 300

so it might look bleak if you only see the peak price, but if you look at our difficulty, at the price and the starting price, then EAC is a) the best/most profitable to mine   and b) has not even fallen really strictly speaking cause 13 days is really no time

edit: ok, it was more like 350 on average the first few hours, but whatever. it's basically same. it wasn't 900
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January 03, 2014, 11:51:55 PM
 #3456

hold. hold. hold.

I'm a bit upset with myself... I spent my last bitcoins on EAC when it was at 427... I should have waited Smiley

damn... I am tempted to get more BTC, but that would take at least a day... and by then, it might be too late already.... and BTC is pretty expensive again... I was sure bitcoin would go down again to 500 or lower...

maybe after the holidays...

Don't be sad, no one knows where are tops and bottoms of the market. Sometimes it works and sometimes not.
Important thing is to hold coins now, don't panic and don't be afraid of recent stupid dumps..
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January 03, 2014, 11:59:35 PM
 #3457

same thing again on coinex: someone dumped a 410k sell order on the lowest price...

but it's kinda hypocritical... if I wasn't out of BTC, I'd rub my hands and thank this guy...

oh well, I'm out for a while...  I'm really really curious how cryptsy will influence all of this

I bet the same guys who are dumping the price now, will try the opposite on cryptsy...
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January 04, 2014, 12:00:47 AM
 #3458



Quick Start

Start with registering on our pool & creating workers for your computers. You can use our automated config generator in our workers page and download pre-configured files for your mining software.

EU Stratum Server: stratum+tcp://eu.coinum.org:3335
US Stratum Server: stratum+tcp://us.coinum.org:3335

CGMiner Configuration

Here is sample CGMiner configurations with fail-over support. Given that the stratum server you use fails, your miner software will continue to work with out other stratum server.
Note: You have to change WORKER and PASS with your actual worker-name and worker-password values you get from workers page.

EU
Code:
./cgminer -o stratum+tcp://eu.coinium.org:3335 -u WORKER -p PASS --failover-only -o stratum+tcp://us.coinium.org:3335 -u WORKER -p PASS --scrypt -I 13

US
Code:
./cgminer -o stratum+tcp://us.coinium.org:3335 -u WORKER -p PASS --failover-only -o stratum+tcp://eu.coinium.org:3335 -u WORKER -p PASS --scrypt -I 13

  • Our network - We already operate first class & high performance pools, check our other pools over http://www.coinium.org
  • %0 fee - Our network have no fees! We just kindly ask you to donate if you like to.
  • Stratum servers - We have stratum servers in Europe and United States. Right now we have a total of 4 servers (2 stratum server, 1 webserver and 1 database server) and we are quickly upgrading & adding new servers to stack when we need to.
  • Fail-over config support - In case that the stratum server you use fails, your miner will just continue to mine with our secondary stratum server.
  • DDOS Protected - Our servers are DDOS protected 7x24!
  • Automated backups - We get automated backups of our system.
  • Automatic payments - You can set automatic payments if you like to.
  • Fast confirmations - We are quickly processing your transactions once newly found blocks are confirmed.
  • Automatic config generator - Check our workers page to automatically download a generated configuration file for your workers with fail-over support!
  • Continous support - We are eager to help our users! You can ask for support in our forum topic.
  • IRC support - We have operators in our IRC channel and you can chit-chat about mining too.
  • Mobile friendly - We have mobile friendly user interface so you can check your miner's status from your mobile devices
  • Contests - We are regularly creating contests and giving bonus coins to our miners!

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January 04, 2014, 12:00:53 AM
 #3459

hold. hold. hold.

I'm a bit upset with myself... I spent my last bitcoins on EAC when it was at 427... I should have waited Smiley

damn... I am tempted to get more BTC, but that would take at least a day... and by then, it might be too late already.... and BTC is pretty expensive again... I was sure bitcoin would go down again to 500 or lower...

maybe after the holidays...

Don't be sad, no one knows where are tops and bottoms of the market. Sometimes it works and sometimes not.
Important thing is to hold coins now, don't panic and don't be afraid of recent stupid dumps..
Hold, you are right. Just one guy is trying to dump and then buy cheap coins. Now he is trying to buy already.
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January 04, 2014, 12:01:44 AM
 #3460

same thing again on coinex: someone dumped a 410k sell order on the lowest price...

but it's kinda hypocritical... if I wasn't out of BTC, I'd rub my hands and thank this guy...

oh well, I'm out for a while...  I'm really really curious how cryptsy will influence all of this

I bet the same guys who are dumping the price now, will try the opposite on cryptsy...
they already began to do it
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