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Author Topic: [ANN][EAC] EarthCoin *SEEKING NEW EXCHANGES - HUGE VOLUMES BEING MISSED!  (Read 840291 times)
Trafficlearn
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January 16, 2014, 08:21:35 PM
 #6661

So, will we be at 90 tomorrow, or more like 130-140?


I think the normal is going to be 135 now.....but as i said..i expected it to go below 118....the selloff seems to have stalled

~TESLACOINS ~      http://www.teslacoins.com  Teslacoins! Renewable energy mining!  COMING SOON!
RonPaul
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January 16, 2014, 08:29:20 PM
 #6662

I bought 60k @ 116 on coinedup

And a buy order in @ 107
virtualdn
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January 16, 2014, 08:31:39 PM
 #6663

Current price is bad for both sides.

For selling is way toooooooooooooooooooooooooooooooooooooooooooo low.

For buying is still possibly higher than the bottom.

For mining is the diff too high.

The price is useless for everyone, miracle???

+1


1 BTC = 1 BTC
Trafficlearn
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January 16, 2014, 08:47:50 PM
 #6664

I bought 60k @ 116 on coinedup

And a buy order in @ 107


Nice!  RPC....already back to 120 on Cryptsy

~TESLACOINS ~      http://www.teslacoins.com  Teslacoins! Renewable energy mining!  COMING SOON!
Nerull
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January 16, 2014, 09:17:51 PM
 #6665

just remember that last 2x payout with the increase in hash power it ended up making the difficulty shoot up so high that you barely made anymore then before.
skorms
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January 16, 2014, 09:19:01 PM
 #6666

just remember that last 2x payout with the increase in hash power it ended up making the difficulty shoot up so high that you barely made anymore then before.
Yea price may stay the same. I'm more worried about the x5 payout.
Trafficlearn
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January 16, 2014, 09:19:07 PM
 #6667

just remember that last 2x payout with the increase in hash power it ended up making the difficulty shoot up so high that you barely made anymore then before.


not the case today....i have EASILY made 2X the EAC than normal on this pool.

http://eac.minebig.com

~TESLACOINS ~      http://www.teslacoins.com  Teslacoins! Renewable energy mining!  COMING SOON!
Nerull
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January 16, 2014, 09:28:08 PM
 #6668

just remember that last 2x payout with the increase in hash power it ended up making the difficulty shoot up so high that you barely made anymore then before.


not the case today....i have EASILY made 2X the EAC than normal on this pool.

http://eac.minebig.com

#2   38880   40319   1510   January 17, 2014, 10:35 pm (UTC)   2949   January 18, 2014, 10:34 pm (UTC)

we are at getting close to block 37400. so it still hasnt started (according to the countdown clocks). prolly making more cause the overall network difficulty is lower atm cause ppl have bailed
illodin
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January 16, 2014, 09:32:19 PM
 #6669

The android app has safety notes that suggests you do not root your device and only install apps you fully trust. It is true malicious apps could potentially steal your wallet data. It also suggests to keep the risk low by only using small amounts for your daily use.

This must be how to approach it. Similarly you wouldn't take all your FIAT from the bank with you when you go to super market.

Once I've completed the development (still hashing out the serialization) I'm going to look into encrypting the wallet file itself, or at least providing the option. It would require a password when you start the program to unencrypt the wallet file but would provide a better level of security against external threats.

This would be cool if the password could be entered using a pattern where you draw a shape with your finger instead of having to type it in. I don't know maybe it would be even safer than typing the password because standard keyloggers wouldn't be able to read it?
nesco1805
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January 16, 2014, 09:32:47 PM
 #6670

just remember that last 2x payout with the increase in hash power it ended up making the difficulty shoot up so high that you barely made anymore then before.

yes, if you are miner mining EAC, then x2 does not matter much, because as soon as it becomes profitable, multipools hop in

x2,x5 is more to remind other miners of EAC occasionally

BUT...

EAC is so low on $/MHs that even x2 will hardly attract multipools

x5 maaaybe

OK lets recap

x2: my guess is that tomorrow you wont see big spike in network, so those mining it will get moar EAC. Price won't be affected.
x5: ( 3 days from now), multipools will hop in occasionally so price will take a hit.
Nerull
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January 16, 2014, 09:42:00 PM
 #6671

i hope your right about that, would be nice to keep the multipools off but im pretty sure 2x will bumb it to near the top of the lists. That being said ill still be chugging away as usual so even if i get a couple more eac its something
SteveoMB
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January 16, 2014, 09:45:17 PM
 #6672

yep, Im bored.

The Tangler - No bells and whistles, just information
frank754
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January 16, 2014, 09:58:48 PM
 #6673

OK, so in one hour the amount of coins you can mine will double per hashrate? and for how long, 24 hours? If the price is at its current floor it may be worth mining them again for a while. Then holding onto them for a few days or weeks until the price recovers or there is a steady upward trend.
skorms
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January 16, 2014, 10:06:34 PM
 #6674

OK, so in one hour the amount of coins you can mine will double per hashrate? and for how long, 24 hours? If the price is at its current floor it may be worth mining them again for a while. Then holding onto them for a few days or weeks until the price recovers or there is a steady upward trend.
Even if the price recovers, you should still hold onto them Wink
frank754
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January 16, 2014, 10:13:30 PM
 #6675

I still have over 26,000 I mined about a week ago, then the price crashed so I'm not selling them until they are at least back in better days, and will definitely hold if the price keeps rising after that.
paulus51
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January 16, 2014, 10:14:01 PM
 #6676

the best way to get the prise high is buy NOT sell
24Kilo
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January 16, 2014, 10:25:28 PM
Last edit: January 16, 2014, 10:36:55 PM by 24Kilo
 #6677

I AM ANGRY... I AM GOING TO THROW A TANTRUM... GRRRRR!!!!

What whinging, whining pack of losers who populate this thread... all you do is fuss and fret about how the price is going down... complain because EAC is not worth mining... complaining about the 'dumb, noob dumpers'.... fume about how the 2x and 5x reward days are going to make the price do down... curse the greedy miners... what a pack of idiots and losers!!!(I just replaced AltantisPlatform as the thread troll)

Now before you start attacking me... 24Kilo aka Lynn from Moonacres Farm... visit this pool - http://eac.minebig.com - check pool stats and you will find a miner by the same ID as #1 or #2 in hash-rate... I hold more EAC than anyone I know here... I sell more EAC each day than most of you have ever owned... I am the #2 donor at EarthCoinTalk.org... I am offering to sell fruit and veg for EAC... oh... I have been mining EAC since block #370... so before you even think about calling me out as a troll or traitor... you better be able to stump a pretty impressive EAC resume or you are just full of the stuff that I use to fertilize the veggie patch.

Why am I so angry... because of this... Mining For Food... Trafficlearn aka James set up the pool, started a group over at EarthCoinTalk, is organising the soup kitchens in Sydney, I have posted photos and information... and not one single one of you bitching losers has responded or gotten involved... it won't even cost you an EAC... in fact... with the hash-rate I have been throwing at the pool and my level of donation... I am buying my own crates of veggies... all you want to do is moan about price and how greedy miners are using Cryptsy to conspire to drive the price of EAC down... what a pack of oxygen wasters.

EAC is never going to be worth a dime if it has no real world use... yes, speculators and traders are important... but if EAC never can used to buy anything except more BTC... it is only going to be a race to the bottom... simple economics... which it seems to be beyond the grasp of most of you.

Start creating EAC circulation... ATXsilver posted this...

Post edited for brevity -

I have an eBay store specializing in Gold, Silver & Jewelry. I sell everything from Diamond Rings to Silver Coins. If anyone has any interest in purchasing items from my store, I WILL ACCEPT EARTHCOINS in Lieu of Fiat payment.

I am doing Morgan & Peace Silver dollars right now for 20,000 EAC per.

eBay store: stores.ebay.com/ATXSilver & stores.eBay.com/ATXWholesale

I have already PM'ed ATXsilver with intent to use every EAC that I get from the Mining For Food project to buy silver dollars from ATXsilver... this is the first step on creating a flow of EAC for goods and services. The only reason BTC is worth anything is because it can be used to buy real world goods and services... for everyone here with short memories... I remember not so long ago before BTC became an accepted currency to buy books, food, and fuel... it was worth only $13USD or even less.

I have worn Danner boots since 1985... I need a new pair in the next month or so... they are not available in Australia... I would be happy to pay someone in EAC for a pair of boots...

I get EAC from selling veggies... I give you or someone that EAC to buy and ship a pair of boots to me... you then use that EAC to buy silver dollars from ATXsilver... now we have 3 steps of circulation... this is what we must do to make EAC worth anything in the real world.

So to all the whinging, whining, complaining oxygen wasters on this thread... forget about the price for a week or two... start developing circulation channels... and then you will be pleasantly surprised by the price of EAC when you log-in onto Cryptsy the next time.

So turn the computer off... go out in the real world and do something you can exchange for EAC... make some chocolates, bake some cookies, knit a jumper, braid a rag rug, roast some coffee beans, empty that closet and offer some of your junk for sale for EAC(one man's junk is another man's treasure), make some jewelry... whatever you can do... you will feel better for just not staring at the Crypsty chart all day and actually be doing something helpful for the EAC community... instead of being an oxygen-wasting parasite on the world in general.

Oh... and not only can you lot do nothing but complain, but apparently you have no grasp of mathematics... at the current price of EAC on Cryptsy of .00000115BTC and the 7 day difficulty average... I am set to make an equivalent of $20,000USD per annum after paying my expenses and writing down my equipment... not bad for a project that takes only a few minutes of my time... in fact... less time than it took to write this post.

So while all of you of digging yourselves into a hole of despair and helplessness, bitching and moaning about how the EAC world is coming to an end... I am filling my pocket with EAC and making a handsome profit!!!

Losers!!!!
Trafficlearn
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January 16, 2014, 10:31:13 PM
 #6678

^^^^^  what she said!   Grin ^^^^

~TESLACOINS ~      http://www.teslacoins.com  Teslacoins! Renewable energy mining!  COMING SOON!
Mordillo
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January 16, 2014, 10:35:57 PM
 #6679

 Roll Eyes

Send me some potatoes to Europe...
Suikoden
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January 16, 2014, 10:38:28 PM
 #6680

I am set to make an equivalent of $20,000USD per annum after paying my expenses and writing down my equipment... not bad for a project that takes only a few minutes of my time... in fact... less time than it took to write this post

But.. BUT... but!!! How to millionaire at low price?!?!?!?  Angry Angry Angry !!!

Wink
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