[ANN][EAC] EarthCoin *SEEKING NEW EXCHANGES - HUGE VOLUMES BEING MISSED!

[testbitcoiner]

i think the price will stay like this for a long time until block payout halves...because it is all about the almighty BTC

lets say at 4MHS you can get 80 worldcoin and that's .02xx btc a day and right now at 4MHS you can have 20,000 earthcoin (at the current difficulty) which can give you about .02xx btc a day

all scrypt based crypto currency will be mined by GPUs..miners just mine the most profitable coin..i think EAC was positioned to be raped by miners until block rewards halves and become more difficult to mine.
 

the biggest problem is spread.

the most damage by immediately selling EAC is not done because it decreases price, but because it decreases proliferation.
the less people holding EAC, the lower the price.

people who think they need to get rid of it for any reason also decrease the amount of people who have EAC...

this can quickly change, of course, especially at such low prices. but that is the main problem.

should EAC rise, of course, the lower the number of people who own it is, the higher the price increase.
so the opposite effect will happen, basically.

in that way, it is a accelerator, and not really a problem long term.

combining our points makes..

me-block reward (supply)
and
you-spread (demand)

it would be better if EAC is slowly spreading to people, the block reward is also slowly squeezing the supply..to prevent exploitation of the supply.

in december i mined 20,000 a day at today's difficulty in 3 days i got 60,000 the price is at 8 that about 0.48 btc if i do that again today for 3 days, it is .02xx btc.

spread is not demand or anything.  it means proliferation.

so instead of one person having 100 EAC, I'd rather have 10 people having 10 EAC.

this would make it more likely that one of the 10 uses EAC for actual real world uses instead of selling it or gambling with it

[testbitcoiner]

i think the price will stay like this for a long time until block payout halves...because it is all about the almighty BTC

lets say at 4MHS you can get 80 worldcoin and that's .02xx btc a day and right now at 4MHS you can have 20,000 earthcoin (at the current difficulty) which can give you about .02xx btc a day

all scrypt based crypto currency will be mined by GPUs..miners just mine the most profitable coin..i think EAC was positioned to be raped by miners until block rewards halves and become more difficult to mine.
 

the biggest problem is spread.

the most damage by immediately selling EAC is not done because it decreases price, but because it decreases proliferation.
the less people holding EAC, the lower the price.

people who think they need to get rid of it for any reason also decrease the amount of people who have EAC...

this can quickly change, of course, especially at such low prices. but that is the main problem.

should EAC rise, of course, the lower the number of people who own it is, the higher the price increase.
so the opposite effect will happen, basically.

in that way, it is a accelerator, and not really a problem long term.

The only problem is people.

The biggest mistake the most people make is to mine and just wait.

That way you're susceptible to panic moments,  and you usually end up panic selling or panic buying at the wrong moments. (which is great for me and ppl like me)

I'm a miner too, but I'm always playing with my coins, I never keep them still on the wallets.

Get out in the exchange field and play with the coins, play with people and generate panic, you'll realize that price dropping is a great opportunity exactly like price raising.

If you mine and stand still, your only point of view is to hope price will raise.

what a bunch of bullshit

you have either not read or not understood any of my or other people's posts regarding immediate selling or "gambling"

how about looking up http://en.wikipedia.org/wiki/Gambler%27s_ruin

since by definition you have less money than other players because you do NOT HOLD ANY, you will lose eventually

seriously. I have posted this link and explained it a dozen times and no one gets it.

and yes. the only problem is people.

people like you

Nope, I didn't read anything, I wish I was still that young to have the time to stay on forums and have fun playing and flaming with you guys

so you have not read. and you still have not understood.

but you write.

indeed, you continue to write, even if only to emphasize that you do not read, do not want to read and do not see any sense in understanding the points people make here.

you know what kind of behavior this is?

of a young child. not listening, being loud, not understanding and being even more loud and pointing out that you are not listening.

proud ignorance.

it is juvenile to say the least.

so if you are "older", you certainly show mental youth.

I do not think you should play with toys you do not fully understand, little one.

[arielbit]

i think the price will stay like this for a long time until block payout halves...because it is all about the almighty BTC

lets say at 4MHS you can get 80 worldcoin and that's .02xx btc a day and right now at 4MHS you can have 20,000 earthcoin (at the current difficulty) which can give you about .02xx btc a day

all scrypt based crypto currency will be mined by GPUs..miners just mine the most profitable coin..i think EAC was positioned to be raped by miners until block rewards halves and become more difficult to mine.
 

the biggest problem is spread.

the most damage by immediately selling EAC is not done because it decreases price, but because it decreases proliferation.
the less people holding EAC, the lower the price.

people who think they need to get rid of it for any reason also decrease the amount of people who have EAC...

this can quickly change, of course, especially at such low prices. but that is the main problem.

should EAC rise, of course, the lower the number of people who own it is, the higher the price increase.
so the opposite effect will happen, basically.

in that way, it is a accelerator, and not really a problem long term.

combining our points makes..

me-block reward (supply)
and
you-spread (demand)

it would be better if EAC is slowly spreading to people, the block reward is also slowly squeezing the supply..to prevent exploitation of the supply.

in december i mined 20,000 a day at today's difficulty in 3 days i got 60,000 the price is at 8 that about 0.48 btc if i do that again today for 3 days, it is .02xx btc.

spread is not demand or anything.  it means proliferation.

so instead of one person having 100 EAC, I'd rather have 10 people having 10 EAC.

this would make it more likely that one of the 10 uses EAC for actual real world uses instead of selling it or gambling with it

yep, nothing beats real world uses of a crypto currency..but there is a fine line between demand and proliferation..knowing the person who uses it for real world uses, needs/demand/uses the currency.

and the person with a 100 EAC is the miner until the block reward halves..by that time he can only get 50 EAC while the EAC he sold during his 100 EAC days had already been proliferated. i think that's the time where EAC will rise.

[asdlolciterquit]

price is so low

[carlb007]

you know what kind of behavior this is?

of a young child. not listening, being loud, not understanding and being even more loud and pointing out that you are not listening.

proud ignorance.

it is juvenile to say the least.

The irony of YOU posting this is untrue...

[illodin]

OP should create a new thread for [ANN]ouncements, and rename this one to [CRAP].

[lucoia]

The official EAC FB page @ https://www.facebook.com/earthcoin.official?ref=hl is about to broke the 1000 likes mark.

In celebration of this milestone, I'm going to do absolutely nothing. Thanks!

P.S.: If somebody wants to help keep it updated, feel free to PM me for details, having the top socials centralized and populated is very important for how people, investors and press consider us from outside the crypto world. (that means at least Facebook and Twitter for now)

[testbitcoiner]

you know what kind of behavior this is?

of a young child. not listening, being loud, not understanding and being even more loud and pointing out that you are not listening.

proud ignorance.

it is juvenile to say the least.

The irony of YOU posting this is untrue...

this is your first posting in this thread.

since you have some sort of problem with me, you're likely a sock puppet. maybe of the guy I had just demolished?

and you gotta improve your English skills, mr. sockpuppet

or you're another paid troll by the competition

and look up some words like "irony" and "untrue"

your text comprehension is not really up to snuff either... I think you too have not understood one sentence of what I had written

[luck5]

If you don't raise difficulty right now, EAC will die before the first difficulty increase

I've never seen such a huge market flood with any other coin

it's a great coin with great dev team and community, don't screw it up while it's a newborn with this huge mass dumping!!

[kitkat007]

How's the iphone app coming along?? Can't wait to get my hands on that puppy.

Likewise

Testers are using it and i am working on the feedback.

Soon  

I am also looking at an Ipad app that has the same functionality but also adds a news tab that come directly from the developers and community.

If someone comes up with good idea's just PM me.

I am waiting on the release of xploited Android Wallet app to dive in the code and make a wallet for iOS. Unfortunatly its only going to work on Jailbroken devices.
And for the guys who were asking about the premine and bounty, i am getting more than enough .
So the premine is good spent.  


For the people who are losing hope and so on, just think about the times you said: "if i started bitcoin in 2011 i would have made allot of money now." To be honest you probably wont because bitcoin has made some big crashes and if you had the same mentality like now you would also dumped back than.

I am not trying to talk about if EAC is better than BTC or any of that, thats an opinion.
I just want to point out that i had the same fear , i was the same in 2011.

[Kwyjibo]

Only less than 1,5 day to go till next x2 payout and less than 5 days till the first x5 payout!

Follow the countdown http://eac.coinpoint.org

Let's all hope prices will rise these days!

EarthCoin = 

[Mikellev]

I hope Im allowed to promote our timer...as it shows the time for everybody a bit more specific...


http://poolerino.com/eaccountdown/

Only less than 1,5 day to go till next x2 payout and less than 5 days till the first x5 payout!

Follow the countdown http://eac.coinpoint.org

Let's all hope prices will rise these days!

EarthCoin = 

[kitkat007]

I hope Im allowed to promote our timer...as it shows the time for everybody a bit more specific...


http://poolerino.com/eaccountdown/

Only less than 1,5 day to go till next x2 payout and less than 5 days till the first x5 payout!

Follow the countdown http://eac.coinpoint.org

Let's all hope prices will rise these days!

EarthCoin =  

But it looks nicer  

[sniksen]

I hope Im allowed to promote our timer...as it shows the time for everybody a bit more specific...


http://poolerino.com/eaccountdown/

Only less than 1,5 day to go till next x2 payout and less than 5 days till the first x5 payout!

Follow the countdown http://eac.coinpoint.org

Let's all hope prices will rise these days!

EarthCoin =  

But it looks nicer  

My rig is arriving today, two days sooner than expected. So i'll be joining the bonanza!

And people, all the "flaming" and arguing seen here is not very EAC-like. Anyway you could stop it? You guys who are coherent and serious - you are not helping, you are feeding the trolls..

[skorms]

What's with all the new trolls this morning. I feel like I'm gonna have to ignore a lot of people today.

[avw1982]

I hate trolls  EAC too tha moon 

[SteveoMB]

So. I recently started my own project to support all this and to make things easier for dev's and new people.
I have time at the moment and want you to work with me. You have some Ideas?
- Send me a PM.
http://earthcointalk.org/forums/topic/earthcoin-community-goalsheet-work-with-me/


---> updated
http://prezi.com/-cyq_zlluj3p/eac/

[WesandEAC]

Again I will try to demystify things for you guys and girls.  This is not meant to sound arrogant but sometimes confidence can be mistaken for that!

EAC will come to rest for a while around 230 Satoshi's which in my perspective is freaking amazing.  I mean simply incredible and suggests to me that this coin is going to make it to adulthood.  So whether you are mad, angry, happy or sad, you have had a part in that regardless.  At 230 Satoshi's we will be forming the creation of the money supply at 1% of Bitcoin's current rate of $3,600,000 per day.  Sorry to say but that is simply amazing.

So enjoy what you all have created and be ready for that moment when it happens and EAC climb 10-100 times.  We are far from that right now but it is in the destiny of this coin.  You will never know when it is coming but I suspect after the halving of the supply.

[Trafficlearn]

Update on the Mining For Food Project

The project of mining for food is moving forward - see this forum over at EarthCoinTalk - http://earthcointalk.org/groups/mining-for-food/ - please reply to this forum with any questions, comments or advice.

I know many people here are bewildered and dismayed that EarthCoin has/is becoming a charity/green movement... from where I stand as a farmer... this is the best and really the only way that I can build the value of EAC. We are not a non-profit organisation... we have 5 full-time employees and 3 part-time staff that are paid well-above minimum wage... while we do enjoy what we do... well... some days... we are not doing this for love... we are in it to make a profit and a decent living... and while I am going to be delivering crates of veggies to the various soup kitchens around Sydney, I would just as soon be delivering crates of veggies to cafes and residents for EAC.

If I was a handyman, woodworker, plumber, baker, tailor, etc and etc... I would be offering to take EAC as well.

Any alternate currency... gold, silver, eggs, BTC, EAC, whatever... is always going to be linked in an exchange to the local currency... so the value of EAC is always going to be EAC/BTC, EAC/USD, EAC/AUD, etc... so the only way to increase the value of EAC is link it to a material value... anything else is just speculation.

And just to clarify... I am an EAC miner, I do sell EAC on the open market to cover costs, I do have a very nice nest egg of EAC, and I do speculative trading of EAC to increase my EAC holdings... so I guess I kinda do it all... so understand that each has a role to play in ensuring the longevity and worth of EAC.

GREAT NEWS!  We are still in NEED of some HASH to get this project REGULAR!
IF you are mining and can at least turn one miner or so over it will HELP a TON!

http://eac.minebig.com

We hope to be able to provide at LEAST 1 Basket per week....if not MORE!  it all depends on the COMMUNITY!

[anthonyreid]

I have a simple question to you people. What will the 2x and 5x payout do to the price of EAC in the short time? Will it definitely drop?