1Kb
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January 08, 2014, 10:34:48 AM |
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I must say that I am getting bored with the stigmatized pre-mine as being a bad thing. But then again, why am I even writing this as it clearly shows that people stigmatizing do not read or try to get a feeling on what is going on. Ah well, once this post of pre-mine being bad has faded to the background I guess i'll just have to wait untill the next "bad pre-mine" comes along... Now where were we regarding EAC and its future?
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alz
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January 08, 2014, 10:40:03 AM |
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that's very funny, just remember that with 270M premined you can HOLD all you want. it doesn't change the fact that OP STILL holds the majority of this coin.
there ought to be some standards in this community, 2% is outright greedy IMHO.
stop talking about the premine in that negative tone. The dev stated the purpose very clearly: https://bitcointalk.org/index.php?topic=379236.msg4194356#msg4194356Like many others, I have no problem of 2% premine, it is very reasonable, as long as the dev use much of it to promote the value of the coin. You have no problem that all the EAC miners combined have created less EAC than OP has awarded himself? stop talking about the premine in that negative tone. ? Clearly you're either a sock-puppet or moron. Like, unlike or despite many others Erm we are currently at block 25666 at 10000 EAC per block thats 256,660,000+ already mined and that is not including the 2X bonus day where every block yielded 20000 EAC Not to mention that the dev team have been using the premine to promote EAC and pay development bounties. So you are incorrect and rude , the really ironic thing is you label us supporters "sock puppets" while mindlessly repeating what you read on cryptolife.net without first checking your math or engaging your brain.......
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BTC - 1GJ2dWf8WBznTtkuuof3WTBXQAULaqVGYj LTC - LTyCKKCGHJQZwsh5YhyzGeee4womQwChUU DASH - Xp5pq62dgJxmbhawyNtWMKT9Rst8JgNCY7
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nesco1805
Member
Offline
Activity: 70
Merit: 10
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January 08, 2014, 10:51:10 AM |
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What's cryptolife.net?
You seem to be suffering fro some rare condition. Not being able to tell which number is bigger... Lets start simple:
2 > 1 20 > 10
Try to work your way up to:
270 > 256
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Alohaboy?!
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January 08, 2014, 11:00:28 AM |
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that's very funny, just remember that with 270M premined you can HOLD all you want. it doesn't change the fact that OP STILL holds the majority of this coin.
there ought to be some standards in this community, 2% is outright greedy IMHO.
stop talking about the premine in that negative tone. The dev stated the purpose very clearly: https://bitcointalk.org/index.php?topic=379236.msg4194356#msg4194356Like many others, I have no problem of 2% premine, it is very reasonable, as long as the dev use much of it to promote the value of the coin. You have no problem that all the EAC miners combined have created less EAC than OP has awarded himself? stop talking about the premine in that negative tone. ? Clearly you're either a sock-puppet or moron. Like, unlike or despite many others Erm we are currently at block 25666 at 10000 EAC per block thats 256,660,000+ already mined and that is not including the 2X bonus day where every block yielded 20000 EAC Not to mention that the dev team have been using the premine to promote EAC and pay development bounties. So you are incorrect and rude , the really ironic thing is you label us supporters "sock puppets" while mindlessly repeating what you read on cryptolife.net without first checking your math or engaging your brain....... damn right! thanks for the true words!
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kpzero
Newbie
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Activity: 13
Merit: 0
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January 08, 2014, 11:07:36 AM |
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What's cryptolife.net?
You seem to be suffering fro some rare condition. Not being able to tell which number is bigger... Lets start simple:
2 > 1 20 > 10
Try to work your way up to:
270 > 256
As of block 25746, there are 651,448,248 coins floating around.
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alz
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January 08, 2014, 11:14:17 AM |
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What's cryptolife.net?
You seem to be suffering fro some rare condition. Not being able to tell which number is bigger... Lets start simple:
2 > 1 20 > 10
Try to work your way up to:
270 > 256
I stand by my post the devs have given 1M EAC bounties away publicly ,Im sure there are lots more being handed out to get the various supporting projects off the ground and the total mined including 2x day is 271,050,000 at the time I posted. So I reiterate yet again you have gone off and posted an insulting reply without checking the numbers! see the pattern here? you are so intent to prove your point you are not taking the required time to see if you are correct.
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BTC - 1GJ2dWf8WBznTtkuuof3WTBXQAULaqVGYj LTC - LTyCKKCGHJQZwsh5YhyzGeee4womQwChUU DASH - Xp5pq62dgJxmbhawyNtWMKT9Rst8JgNCY7
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nesco1805
Member
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Activity: 70
Merit: 10
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January 08, 2014, 11:14:37 AM |
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xanather it's not tiny. If we were at the very end of mining cycle it would be 2% of EVERYHTING. But today, it's very close to all the coins mined so far. Something like 2% premined, 2.8% mined. Thanks to kpzero
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alz
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January 08, 2014, 11:17:13 AM |
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What's cryptolife.net?
You seem to be suffering fro some rare condition. Not being able to tell which number is bigger... Lets start simple:
2 > 1 20 > 10
Try to work your way up to:
270 > 256
As of block 25746, there are 651,448,248 coins floating around. How did you arrive at that number? I thought it was a function of total blocks x 10000 with the blocks mined during 2x day getting 20000?
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BTC - 1GJ2dWf8WBznTtkuuof3WTBXQAULaqVGYj LTC - LTyCKKCGHJQZwsh5YhyzGeee4womQwChUU DASH - Xp5pq62dgJxmbhawyNtWMKT9Rst8JgNCY7
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kpzero
Newbie
Offline
Activity: 13
Merit: 0
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January 08, 2014, 11:21:35 AM |
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What's cryptolife.net?
You seem to be suffering fro some rare condition. Not being able to tell which number is bigger... Lets start simple:
2 > 1 20 > 10
Try to work your way up to:
270 > 256
As of block 25746, there are 651,448,248 coins floating around. How did you arrive at that number? I thought it was a function of total blocks x 10000 with the blocks mined during 2x day getting 20000? Straight from the blockchain. You are forgetting that day 1,2, and 3 were 5x/3x/2x days respectively.
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darkrocky34
Newbie
Offline
Activity: 28
Merit: 0
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January 08, 2014, 11:44:00 AM |
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Thank you appreciate the note! You're welcome, let's see the Chinese market react. How long the shipment will be to China?
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exzellenz
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January 08, 2014, 11:54:58 AM |
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Boт жeж пидapacы блять! EAC нлдм, a oни c пpeмaйнa cливaют мoнeты зa кoпeйки, тeм caмым yвaливaя вaлютy в нoль! Уёбки!
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SteveoMB
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January 08, 2014, 11:57:58 AM |
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Boт жeж пидapacы блять! EAC нлдм, a oни c пpeмaйнa cливaют мoнeты зa кoпeйки, тeм caмым yвaливaя вaлютy в нoль! Уёбки!
ok, go buy doge then. insulting others for things you dont understand, like the reason of premining, is not a good base for a discussion...
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alz
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January 08, 2014, 11:59:48 AM |
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What's cryptolife.net?
You seem to be suffering fro some rare condition. Not being able to tell which number is bigger... Lets start simple:
2 > 1 20 > 10
Try to work your way up to:
270 > 256
As of block 25746, there are 651,448,248 coins floating around. How did you arrive at that number? I thought it was a function of total blocks x 10000 with the blocks mined during 2x day getting 20000? Straight from the blockchain. You are forgetting that day 1,2, and 3 were 5x/3x/2x days respectively. Ah ok many thanks, I only started mining at day 6 so had no idea there had already been some bonus days. So there are considerably more coins in circulation than I realised.
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BTC - 1GJ2dWf8WBznTtkuuof3WTBXQAULaqVGYj LTC - LTyCKKCGHJQZwsh5YhyzGeee4womQwChUU DASH - Xp5pq62dgJxmbhawyNtWMKT9Rst8JgNCY7
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abdulmad
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January 08, 2014, 12:00:15 PM |
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What's cryptolife.net?
You seem to be suffering fro some rare condition. Not being able to tell which number is bigger... Lets start simple:
2 > 1 20 > 10
Try to work your way up to:
270 > 256
As of block 25746, there are 651,448,248 coins floating around. Most being held for cryptsy launch i presume.
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SteveoMB
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January 08, 2014, 12:08:30 PM |
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folks, i have a few questions. when i try to draw the eac-course for the next two month, how can it -not- be under 0.000002? when and at which point do we have a breakingpoint? -As far as i know is Earthcoin beeing manipulated at coinedup and on coinex, so it looks, like it is bumped on purpose either because someone is afraid of its concept or wants to get rid of all eac before its tending to zero. So. If (im not an expert nor sure about that) there is no profitable trading, but the people keeps mining, where at which point does eac increase value? I'm asking because i dont understand and not because i have a hasty opinion or so. Just inform me please
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abdulmad
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January 08, 2014, 12:18:45 PM |
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folks, i have a few questions. when i try to draw the eac-course for the next two month, how can it -not- be under 0.000002? when and at which point do we have a breakingpoint? -As far as i know is Earthcoin beeing manipulated at coinedup and on coinex, so it looks, like it is bumped on purpose either because someone is afraid of its concept or wants to get rid of all eac before its tending to zero. So. If (im not an expert nor sure about that) there is no profitable trading, but the people keeps mining, where at which point does eac increase value? I'm asking because i dont understand and not because i have a hasty opinion or so. Just inform me please "My conspiracy theory" is someone/people are trying to derail eac hence the delay on cryptsy and market manipulation on coinex and coinedup because eac has made the biggest noise of late in the crypto world, not only that their up and coming exchange. All this poses a threat to guys sitting on their laurels thinking they own the crypto market. Again don't take this serious just a theory.
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alz
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January 08, 2014, 12:27:31 PM |
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folks, i have a few questions. when i try to draw the eac-course for the next two month, how can it -not- be under 0.000002? when and at which point do we have a breakingpoint? -As far as i know is Earthcoin beeing manipulated at coinedup and on coinex, so it looks, like it is bumped on purpose either because someone is afraid of its concept or wants to get rid of all eac before its tending to zero. So. If (im not an expert nor sure about that) there is no profitable trading, but the people keeps mining, where at which point does eac increase value? I'm asking because i dont understand and not because i have a hasty opinion or so. Just inform me please "My conspiracy theory" is someone/people are trying to derail eac hence the delay on cryptsy and market manipulation on coinex and coinedup because eac has made the biggest noise of late in the crypto world, not only that their up and coming exchange. All this poses a threat to guys sitting on their laurels thinking they own the crypto market. Again don't take this serious just a theory. I agree the facts of the last week or so would seem to support your theory. So the question is what bright ideas can we proud members of the EAC community come up with to fend off this theoretical vendetta? IMO The wikipedia page is a good start , If I had more experience(i have none) in such things I would spend some time adding detail and info there. I have been spreading the word the old fashioned way but feel I could do more to help.
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BTC - 1GJ2dWf8WBznTtkuuof3WTBXQAULaqVGYj LTC - LTyCKKCGHJQZwsh5YhyzGeee4womQwChUU DASH - Xp5pq62dgJxmbhawyNtWMKT9Rst8JgNCY7
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nesco1805
Member
Offline
Activity: 70
Merit: 10
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January 08, 2014, 12:27:40 PM |
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some of you are clearly delusional
what splash in crypto world are we talking about? 1 (or 2) videos and a template for website
Coinye coin already has more than twice Ghash than EAC does. And yes, Ghash=trading=value
what we have are promises, and not many of those either. (well that trading app screenshot looks nice I admit)
Most of it is = WE ARE SERIOUS FUTURE LOOKING COIN
And 99% ppl here are waiting for that magical cryptsy catalyst to get the fuck out of Dodge. So what makes us special? Well spoken OP and not a total joke of a coin does not equate VALUE.
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1Kb
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January 08, 2014, 12:35:58 PM |
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folks, i have a few questions. when i try to draw the eac-course for the next two month, how can it -not- be under 0.000002? when and at which point do we have a breakingpoint? -As far as i know is Earthcoin beeing manipulated at coinedup and on coinex, so it looks, like it is bumped on purpose either because someone is afraid of its concept or wants to get rid of all eac before its tending to zero. So. If (im not an expert nor sure about that) there is no profitable trading, but the people keeps mining, where at which point does eac increase value? I'm asking because i dont understand and not because i have a hasty opinion or so. Just inform me please It depends on supply and demand. The demand grows when the general public takes notice of a coin (like promotions, able to buy stuff and such) That is what the EAC team is trying to achieve via the community. The price however is based on "what do you think it is worth" and "am I missing the boat here (or maybe better fear)". So when more people are wanting the coin, the more money it will attract and the better price it will get. No matter how much is dumped, if the demand is on par with the supply nothing really bad will happen. (So if the pre-mine is being dumped smart, the market won't notice it) For what I have seen so far regarding the EAC team, they are treating the EAC coin as being a company. A company for a example has a mission statement, has its investors (either premine or external) and is trying to gain a market. And that last part is where the price will be coming from. So if you feel confident about the coin and understand where its pro's and cons sit, and not to forget trust the team, you might end up with a profit. On the short term however, the big influence are the big markets. Usually when a coin starts and a big market opens, there is a strong price fluctuation. Mainly people selling in bulk and the big miners switching to the coin and dumping their coins as soon as they have them. Again supply and demand. Currently the BTC is fluctuating drawing a lot of attention leaving the ALT coins behind. It also shows that people withdraw they BTC/sell their alts to make profit of the high BTC. So whether this coin will make any money soon will depend on marketing on the long term and on the very short term on a big trader where people buy as much as possible and then dump as much as possible. Btw, when you read about pre-mine and dump by the owner, this happened a few times but for sure not on every coin with a pre-mine. The easiest way to tell whether it will be a pump and dump is to see the effort a developer and the team around him are spending on the marketing area. The disadvantage however is the age of a coin. The younger a coin is, the harder it will be to show good intentions leaving the dev and his team to be an open target. (therefore never spend more then what you can miss on any investment you can think of:) P.s. Regarding the smaller markets, The longer they stay out of big markets, the more the coin is spread among smaller investors. The unfortunate part of smaller markets is the volume. Low volume means that anyone with a moderate amount of BTC can either buy a lot influencing the price, or assume that due to low volume, setting a sell/buy wall will scare people in the opposite direction.
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SteveoMB
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January 08, 2014, 12:40:40 PM |
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some of you are clearly delusional
what splash in crypto world are we talking about? 1 (or 2) videos and a template for website
Coinye coin already has more than twice Ghash than EAC does. And yes, Ghash=trading=value
what we have are promises, and not many of those either. (well that trading app screenshot looks nice I admit)
Most of it is = WE ARE SERIOUS FUTURE LOOKING COIN
thats not enough im afraid. we need a financial promise. eac has fast transactions and thats a clear advantage, but neither on chinese websites nor on eac's official webpage is that clearly advertised. i mean... the concept says... green earth... good future... equality... but how about: WE SPARE TIME, WE SPARE ENERGY, FAST TRANSACTIONS... for a busy business person is that a way better reason to invest than in green earth ... am i wrong?
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