Biomech
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Anarchy is not chaos.
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January 12, 2014, 10:55:20 PM Last edit: January 12, 2014, 11:08:18 PM by Biomech |
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This is not a tool for gambling, it is intended to make a difference and with the support already garnered will do exactly just that.
Think bigger.
those 2 things Ok, I'd like to put in a bit of my perspective on this. First off, EAC, like any currency or tradeable commodity is and must be a tool for gambling! Gamble on! I have to correct that statement.
first of all: every currency can be used for gambling.
but no currency, no stock and no commodity must be a tool for gambling.
gambling =! speculation
gambling implies chance, while speculation implies informed decision making that is subject to chance, but is not identical to or synonymous with chance.
yes, many people here treat speculation like gambling. like it is all chance with a house advantage.
but those people usually lose their money and are never successful through decision making. they only get lucky.
the first thing you have to learn once you grow up and have enough money to invest it is this very difference between pure blind chance and informed speculation.
gambling implies that no matter how much research you put into something, the outcome will always be the starting value before research had been done.
this is the opposite of speculationcare to play poker? Edit: Rough day. My wife is in the early stages of labor, and I was feeling a bit snarky. I suppose I should amend my original statement that any tradeable commodity will eventually be used to gamble, and often before it has many other uses. I completely disagree with you on speculation. There is no purer form of gambling than the stock market. I got a lot going on today, so I'm not going to elucidate at this time, but I'll revisit it. Those who try to reduce risk are smart. Those who try to eliminate it are fools.
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lucoia
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January 12, 2014, 11:04:25 PM |
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Hi guys, you will not like what I have to say but save and accept price spikes the whole purpose of this coin over the next year is to achieve maximum adoptability through price stability. OMG who do I sound like!!?? hahaha BUT these are the facts and you can dream all you want. My job is to look out for the future so in saying that here are your statistics for January 1st, 2015
Coins in circulation 7 billion. Just over half of the money supply in the first year. Intended as 1 coin for every person on the planet unfortunately only a few hundred thousand will have them. If it is millions then the price per coin will be higher and that is a positive variable based on media and profile.
Market cap on January 1st, 2015 $10 million USD - $20 million USD.
Effective EAC/USD price . $15,000,000 / 7,000,000,000 = .00214 USD - EXACTLY where it sits now, which would be MAGNIFICENT!
So there, everything has been demystified for you for the next year, I am sure many of you speculators are disappointed but instinctively you know it to be true. Our job is to grow the community not to provide speculative bubble dogma. Some of you may be disappointed with this but reality hurts. This is not a tool for gambling, it is intended to make a difference and with the support already garnered will do exactly just that. Some of the financial rewards for early adopters will come in the second year of the coins survival and this gives you an entire year to educate and spread accurate information which in return will reward you naturally. Cryptsy is one of the most insignificant aspects of the currencies adoption. You will not get your spikes my friends. Think bigger.
i'm not completely agree with this numbers. you forget that FED with his QE is stamping every month about 85 billion dollars. and new chief Mrs Yellen is, for me, worst than Bernanke in this policy. so, in one year, USD monetary mass will grow quantitively about 1020 billions, EAC in my best prospective, will create little more than 7 billions coins (if diff not increase). i dont think EAC in a year will be at the same value versus USD. i think EAC grow at least 100 time actual value, only by comparing inflation, regardless of whether the money from the Fed to enter or not in the real market. Certainly you can say that FED can stop his QE when it wants, but this is uncorrect even. FED is on an impasse. if they continue to stamp money, they know they will finish to destroy usd definitively, if they stop QE, they destroy stock market, banks and themselves immediately. no other way for FED that to continue to stamp to infinity. Fed will announce end of QE every month, but they dont do it never. Fed's press about end of QE are just crap, Fed know that, biggest market players know that, bankers know that, politics know that. only "normal peolpe" don't know and believe in Fed's press. at the end, any "serious" alt coin will have only a golden way ahead. second issue: peoples who look they immediately gain, are in the right. everybody is here by own reasons, and own resasons may be quickly or for long time. there aren't any difference. short time speculator, come here and go ahead in short time, according to their accounts, their convenience and their profits, the same for people who are looking at long time. there are no reasons to blame one or the other. the only thing i not understand is: why if you don't get results right away you hope, immediately call these coins "death" or "failed" or "scams"? it seems that every time somebody launch a new currency, everyone should immediately become rich. nobody get billionaire in 20 days. BTC founders and developers waited 3 years before to see a bit of money....... I agree 100%. But you forgot to mention what happens when the whole finacial system collapses. Every fiat-system collapsed in history and this system is ulta near. Survival chances measured over 5 years are almost zero imo. But the system can also go down next week. The U.S. is in an impasse, Europe is broke and there are no jobs available anymore, China is printing fiat like hell, Japan is trying how long their "Abe-trick"will last. And when this happens, the only currency left will be, gold, silver and crypto coins. But for me, that's not the main reason to buy coins ( and especially EAC). Every citizen in the world must understand that the world will be so much better, so much more fair when we get rid of all these banks, that have been stealing from us for centuries, trillions of dollars. yes, you are in the right, if financial sistem collapse within 3 o 4 years, most probably criptos will have time to replace fiat-money. if sistem collapse before that time, i fear that criptos will be too young for replace it istantly. we will see. btw your reason for believe in criptos are right and it's right to add to other financial and economical reasons. peoples dont know what a bank really is, and normally, dont care it. if people start to learn this, banks and the actual financial sistem days are numbered. but it is an extremely complex issue to discuss in a forum, implications in the economic/production world, of a collapse of the global financial system, are impossible to calculate, but will still be devastating i hope we have time to grow criptos world to a level able to support a new world coin sistem. With 0,1% of the whole world economy wealth, you can buy 100% of the services in the world, scary but true. Money is not wealth, production is wealth. Most of the world economies are not backed by production. Cryptos are backed by energy consumption, hardware, and most important are free by choice for adoption. You cannot make perfect predictions but you can imagine what is going to happen soon. Bella Silvano, alta la bandiera. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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kudrya
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January 12, 2014, 11:07:26 PM |
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captainfuture
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January 13, 2014, 12:00:14 AM |
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EAC disappeared from CoinEX. Anybody know why?
What? It is still there. What are you talking about? I Logged out and in again....I see EAC again ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I dunno why it happened. Sorry if i scared some people ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) This is not enough to scare the true believers. we pushed an update for trading API. That was the reason.
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Real1Guy
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ooo yeaaa, dont worry
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January 13, 2014, 12:04:50 AM |
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[/quote] a subtle change would solve this ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fs30.postimg.org%2F826agds0h%2Feac2.jpg&t=665&c=gxq66XkjCG_Zlw) [/quote] Now it look like euro €
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It is all good
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SteveoMB
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January 13, 2014, 12:08:58 AM |
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a subtle change would solve this ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fs30.postimg.org%2F826agds0h%2Feac2.jpg&t=665&c=gxq66XkjCG_Zlw) [/quote] Now it look like euro € [/quote] nice. I'm not the only one....
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Real1Guy
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ooo yeaaa, dont worry
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January 13, 2014, 12:19:09 AM |
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This is not a tool for gambling, it is intended to make a difference and with the support already garnered will do exactly just that.
Think bigger.
those 2 things Ok, I'd like to put in a bit of my perspective on this. First off, EAC, like any currency or tradeable commodity is and must be a tool for gambling! This does not negate the second statement. The two are not mutually exclusive. In fact, they can be mutually supportive. Here's why. Gamblers are speculators. They are the most basic of speculators. All other currency speculation "above" the level of the poker table is a nuance. All business, regardless of what you are trading, is gambling. Those who say otherwise are lying. The question is who they are lying to. If they are lying to me, they failed. If they are lying to you, you have to evaluate their success. If they are lying to themselves, which is by far the most common business "sin", then they have a real problem. And it will bite them in the ass. That particular self delusion comes from a common but wrong idea that gambling is a game of chance. In almost all cases, it is not. Lotteries, yes, but even then there is always one winner. The lottery operator. Poker is the game I most often hear described as a game of chance. Anyone who believes this has a standing invitation to play poker with me. I like winning. Gambling is a game of psychology. What do I know about you? What can I extrapolate from that knowledge about the hand you hold, the way you'll react to a potentially higher hand, to a bluff, to sheer intimidation, to a kind word? Business is no different. You are trying to entice people to part with their coins, so you work with what you know of their mindset. In currency exchange, you can profit MORE on a "panic" than on a rise, because in a panic those with a short time preference will dump their coins cheap just because they are risk averse. The long player will OFFER low and smile broadly when they fall for it. Same as winning the pot on a pair of fives, because the guy holding a full house couldn't tell and was frightened by your demeanor. Markets are based almost entirely on emotion. The ones who can control their passions win. Gambling gets a bad rep because people don't understand it. Most people, in my experience, are far too risk averse to be in any sort of business, let alone straight up gambling. Those who have the ability and the willingness to risk much, often gain much. Even more often after losing rather a lot. But If I were to gamble everything I could risk, lost half of it, then gained ten times that half, was it worth it? That's the way to look at it. Short term gains are nice. They really are. But if you are playing long, these little manipulations work in your favor, AND IN THE FAVOR OF THE COIN. In the specific case of EAC, I like the developers ideas, and their enthusiasm. If they can actually pull off their direct EAC/USD exchange, and can get some merchant processing that doesn't take the hour of six BTC confirmations, then they will dominate the alt-coin market. They might even make serious inroads on BTC itself. On the other hand, if all that matters to anyone involved is trading coins for other currencies, then it's just another flash in the pan. Gamble on! very good text my poker friend!
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It is all good
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macmac11
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January 13, 2014, 12:27:19 AM |
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Just in case you missed it! ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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macmac11
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January 13, 2014, 12:49:42 AM |
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Just in case you missed it! ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Quote Centurion76: "I am also giving a 1000 EAC prize to one of these new members for joining, after number 300, although I'm not going to say what number it is just yet. So keep joining - you just might get lucky! "
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AtlantisPlatform
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January 13, 2014, 12:57:40 AM |
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So price is now 201, who thinks we can hit 190 tomorrow. That will buy a lot of carrots right. I don't care what it goes to, I am in it for the earth's sake. This coin will rebuild this earth and make a great future for many generations to come, who needs satoshi's when you can feed the elephants, provide clean water for 3rd world cesspools, grow enough vegetables to feed all the giraffes and elephants, provide thick lush rain forests for all of the creatures of the earth. That is what it is all about. Even if the price drops to 1 satoshi, it is alright because even one satoshi can help build a better earth and solar system. This is a positive message for earthcoin and all its wonderful carrot growing supporters.
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macmac11
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January 13, 2014, 01:06:04 AM |
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So price is now 201, who thinks we can hit 190 tomorrow. That will buy a lot of carrots right. I don't care what it goes to, I am in it for the earth's sake. This coin will rebuild this earth and make a great future for many generations to come, who needs satoshi's when you can feed the elephants, provide clean water for 3rd world cesspools, grow enough vegetables to feed all the giraffes and elephants, provide thick lush rain forests for all of the creatures of the earth. That is what it is all about. Even if the price drops to 1 satoshi, it is alright because even one satoshi can help build a better earth and solar system. This is a positive message for earthcoin and all its wonderful carrot growing supporters.
You don't care....so why do you keep posting? You obviously don't care.....
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macmac11
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January 13, 2014, 01:09:34 AM |
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On topic:
Has everybody noticed how fast this community is growing?
amazing! In just a few weeks!
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Trafficlearn
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January 13, 2014, 01:21:43 AM |
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So price is now 201, who thinks we can hit 190 tomorrow. That will buy a lot of carrots right. I don't care what it goes to, I am in it for the earth's sake. This coin will rebuild this earth and make a great future for many generations to come, who needs satoshi's when you can feed the elephants, provide clean water for 3rd world cesspools, grow enough vegetables to feed all the giraffes and elephants, provide thick lush rain forests for all of the creatures of the earth. That is what it is all about. Even if the price drops to 1 satoshi, it is alright because even one satoshi can help build a better earth and solar system. This is a positive message for earthcoin and all its wonderful carrot growing supporters.
Trolling 101....some guys just cant take the hints. I ran this coin from 199 to 220 and back to 200....made bank with volume and also on the way down.....your argument is invalid.... I suggest the advanced trolling course ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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macmac11
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January 13, 2014, 01:32:19 AM |
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So price is now 201, who thinks we can hit 190 tomorrow. That will buy a lot of carrots right. I don't care what it goes to, I am in it for the earth's sake. This coin will rebuild this earth and make a great future for many generations to come, who needs satoshi's when you can feed the elephants, provide clean water for 3rd world cesspools, grow enough vegetables to feed all the giraffes and elephants, provide thick lush rain forests for all of the creatures of the earth. That is what it is all about. Even if the price drops to 1 satoshi, it is alright because even one satoshi can help build a better earth and solar system. This is a positive message for earthcoin and all its wonderful carrot growing supporters.
Trolling 101....some guys just cant take the hints. I ran this coin from 199 to 220 and back to 200....made bank with volume and also on the way down.....your argument is invalid.... I suggest the advanced trolling course ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I ran this coin to 235, you know...back in the early days ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) . Lost some of my investment, earned some back. And I don't care.... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Just love the coin, can't help it ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Xamda
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January 13, 2014, 01:42:39 AM |
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So price is now 201, who thinks we can hit 190 tomorrow. That will buy a lot of carrots right. I don't care what it goes to, I am in it for the earth's sake. This coin will rebuild this earth and make a great future for many generations to come, who needs satoshi's when you can feed the elephants, provide clean water for 3rd world cesspools, grow enough vegetables to feed all the giraffes and elephants, provide thick lush rain forests for all of the creatures of the earth. That is what it is all about. Even if the price drops to 1 satoshi, it is alright because even one satoshi can help build a better earth and solar system. This is a positive message for earthcoin and all its wonderful carrot growing supporters.
Trolling 101....some guys just cant take the hints. I ran this coin from 199 to 220 and back to 200....made bank with volume and also on the way down.....your argument is invalid.... I suggest the advanced trolling course ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I ran this coin to 235, you know...back in the early days ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) . Lost some of my investment, earned some back. And I don't care.... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Just love the coin, can't help it ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) It took me one and a half BTC on Friday to push it from sub 200 to 270. If only some of us in here would buy up some of the EAC at Coinex, it would be easy to push it to 500, but it seems very few are interested in buying EAC.
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nrhs05
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2014, 01:47:09 AM |
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So price is now 201, who thinks we can hit 190 tomorrow. That will buy a lot of carrots right. I don't care what it goes to, I am in it for the earth's sake. This coin will rebuild this earth and make a great future for many generations to come, who needs satoshi's when you can feed the elephants, provide clean water for 3rd world cesspools, grow enough vegetables to feed all the giraffes and elephants, provide thick lush rain forests for all of the creatures of the earth. That is what it is all about. Even if the price drops to 1 satoshi, it is alright because even one satoshi can help build a better earth and solar system. This is a positive message for earthcoin and all its wonderful carrot growing supporters.
Trolling 101....some guys just cant take the hints. I ran this coin from 199 to 220 and back to 200....made bank with volume and also on the way down.....your argument is invalid.... I suggest the advanced trolling course ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I ran this coin to 235, you know...back in the early days ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) . Lost some of my investment, earned some back. And I don't care.... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Just love the coin, can't help it ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) It took me one and a half BTC on Friday to push it from sub 200 to 270. If only some of us in here would buy up some of the EAC at Coinex, it would be easy to push it to 500, but it seems very few are interested in buying EAC. If you compare the trade volume of EAC to almost all other coins its significantly higher on coinex. 20BTC, even LTC only had about a 5BTC volume. That is assuming the thing along the top is accurate :p. I just think coinex has such a smaller userbase, and smaller holders
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btc: bc1q3ll9xul5mpyq5vqgzdwj079xl2gxafhrgr3kq0
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testbitcoiner
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I like crypto
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January 13, 2014, 01:48:46 AM |
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So price is now 201, who thinks we can hit 190 tomorrow. That will buy a lot of carrots right. I don't care what it goes to, I am in it for the earth's sake. This coin will rebuild this earth and make a great future for many generations to come, who needs satoshi's when you can feed the elephants, provide clean water for 3rd world cesspools, grow enough vegetables to feed all the giraffes and elephants, provide thick lush rain forests for all of the creatures of the earth. That is what it is all about. Even if the price drops to 1 satoshi, it is alright because even one satoshi can help build a better earth and solar system. This is a positive message for earthcoin and all its wonderful carrot growing supporters.
Trolling 101....some guys just cant take the hints. I ran this coin from 199 to 220 and back to 200....made bank with volume and also on the way down.....your argument is invalid.... I suggest the advanced trolling course ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I ran this coin to 235, you know...back in the early days ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) . Lost some of my investment, earned some back. And I don't care.... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Just love the coin, can't help it ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) It took me one and a half BTC on Friday to push it from sub 200 to 270. If only some of us in here would buy up some of the EAC at Coinex, it would be easy to push it to 500, but it seems very few are interested in buying EAC.
counted the sell walls:
it's more or less 21 BTC of big walls until 850
which is nothing, but still more than the volume over 24h on coinex.
one guy with 25BTC could push it to 1000 satoshi...
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AtlantisPlatform
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January 13, 2014, 02:03:58 AM |
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So price is now 201, who thinks we can hit 190 tomorrow. That will buy a lot of carrots right. I don't care what it goes to, I am in it for the earth's sake. This coin will rebuild this earth and make a great future for many generations to come, who needs satoshi's when you can feed the elephants, provide clean water for 3rd world cesspools, grow enough vegetables to feed all the giraffes and elephants, provide thick lush rain forests for all of the creatures of the earth. That is what it is all about. Even if the price drops to 1 satoshi, it is alright because even one satoshi can help build a better earth and solar system. This is a positive message for earthcoin and all its wonderful carrot growing supporters.
Trolling 101....some guys just cant take the hints. I ran this coin from 199 to 220 and back to 200....made bank with volume and also on the way down.....your argument is invalid.... I suggest the advanced trolling course ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) LOL, making bank on this coin, so you "ran it up" did you, and how much "bank" did you make? Did you make this "bank" at recess on Friday. The coin has no volume and you made bank running it up and then you ran it down making bank, really? You should put out a video course on how to do this, you could make "bank" on that course, I will buy it! How much bank did you make when you ran it down 20 points to 200? Curious about that vegeboy.
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Trafficlearn
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January 13, 2014, 02:11:48 AM |
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So price is now 201, who thinks we can hit 190 tomorrow. That will buy a lot of carrots right. I don't care what it goes to, I am in it for the earth's sake. This coin will rebuild this earth and make a great future for many generations to come, who needs satoshi's when you can feed the elephants, provide clean water for 3rd world cesspools, grow enough vegetables to feed all the giraffes and elephants, provide thick lush rain forests for all of the creatures of the earth. That is what it is all about. Even if the price drops to 1 satoshi, it is alright because even one satoshi can help build a better earth and solar system. This is a positive message for earthcoin and all its wonderful carrot growing supporters.
Trolling 101....some guys just cant take the hints. I ran this coin from 199 to 220 and back to 200....made bank with volume and also on the way down.....your argument is invalid.... I suggest the advanced trolling course ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) LOL, making bank on this coin, so you "ran it up" did you, and how much "bank" did you make? Did you make this "bank" at recess on Friday. The coin has no volume and you made bank running it up and then you ran it down making bank, really? You should put out a video course on how to do this, you could make "bank" on that course, I will buy it! How much bank did you make when you ran it down 20 points to 200? Curious about that vegeboy. 10%...all in a days work son. maybe one day you will figure out how to actually make some money in this game instead of lurking for 3 years afraid to talk. you have no idea who you chat with online and who you insult. I have seen 1000's of keyboard warriors just like yourself over a 20 year career on the internet.... You started off playing around but it seems the people in this thread have your buttons.....thats never a good thing.....sucks when money is not everyone motivating factor....it must really suck to have to rely on this to pay the bills...especially when you are no good at it. I wont even ignore you....its going to be too much fun watching you explode. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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