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1Kb
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February 06, 2014, 11:05:24 AM |
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Ow, and just because it is happening right now:
A lot of banks are under investigation because of gold and currency trading fraude.
If you keep in mind that they only have about 1:33 of their outstanding loans sitting in fiat or assets, we might be in for some new problems:
If they get fined and also have a bad market due to the news, they might not be able to live up to their promisses and.... well knock on the governments doors for more money to save them.
Let's hope this will not happen...
Let it happen, it's gonna happen sooner or later anyway. Maybe a little bit more extra time is needed to get the crypto's more known to the public and wider accepted. We are too small and too immature (look at our software like the use of wallets, android, paper and so on). So if it would happen right now, we would be flushed and the big corps would make use of the gap we left. |
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ontopicplease
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February 06, 2014, 11:16:05 AM |
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Ow, and just because it is happening right now:
A lot of banks are under investigation because of gold and currency trading fraude.
If you keep in mind that they only have about 1:33 of their outstanding loans sitting in fiat or assets, we might be in for some new problems:
If they get fined and also have a bad market due to the news, they might not be able to live up to their promisses and.... well knock on the governments doors for more money to save them.
Let's hope this will not happen...
Let it happen, it's gonna happen sooner or later anyway. Maybe a little bit more extra time is needed to get the crypto's more known to the public and wider accepted. We are too small and too immature (look at our software like the use of wallets, android, paper and so on). So if it would happen right now, we would be flushed and the big corps would make use of the gap we left. Yes agree, more time needed. |
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podyx
Legendary
 Offline
Activity: 2338
Merit: 1035
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February 06, 2014, 11:24:02 AM |
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wise to invest 100 mbtc in eac?
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1Kb
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February 06, 2014, 11:27:04 AM |
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wise to invest 100 mbtc in eac?
In which time frame are you thinking? If you are looking for a quick profit in a few days, I don't know. But when you are looking in the long term like a year, i'd say yes. Atleast that is what I did. |
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nrhs05
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February 06, 2014, 11:46:19 AM |
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Yeah, if the goal is to be a coin primarily used for charities and buying vegetibles, than what exactly is dictating the price in a supply and demand scenario. I think the coin needs to be accepted for purchasing real goods and services before it can be a viable option for charities. I like the idea of it used for that... but i think it is useless for that until it gets some real value to it. I know alot of other people have said this just re-stating it in my own words.
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btc: bc1q3ll9xul5mpyq5vqgzdwj079xl2gxafhrgr3kq0
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1Kb
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February 06, 2014, 12:01:06 PM |
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Yeah, if the goal is to be a coin primarily used for charities and buying vegetibles, than what exactly is dictating the price in a supply and demand scenario. I think the coin needs to be accepted for purchasing real goods and services before it can be a viable option for charities. I like the idea of it used for that... but i think it is useless for that until it gets some real value to it. I know alot of other people have said this just re-stating it in my own words.
You are right (and all those you are quoting  ). This is where we are working on behind the scenes and from what i have seen so far, it looks really nice. But as every progress requires, it will take some time. Not just for EarthCoin but for the entire crypto scene. And like I said before, it is a very young market where people can develop new things quite easy and make a change for all. And regarding the charities, we are looking at ways to get value to areas that would make us all better, not just one or 2. So if any of you have bright ideas on how to get that done besides what we are already doing, try an beat us to it  |
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1Kb
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February 06, 2014, 12:54:15 PM
Last edit: February 06, 2014, 01:17:59 PM by 1Kb |
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It seems that the community forgot that your pool is about mining and giving to charity at one go. *edit I just started mining at your pool. I'll do that till sunday evening and will switch them off after. The earnings i'll donate to the feed the kids project. But i'd like to know which wallet I need to put into my account for that Btw, it would be nice if more would do what I did and started mining for a few days to help charity. So feel free to join in!  |
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1Kb
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February 06, 2014, 01:26:29 PM |
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Well, to do it properly: Charity Valentine!As of the 14th till the 17th I am asking all of you to direct your miners for a charity of your chosing. Please sign up in the following thread if you want to participate. http://earthcointalk.org/forums/topic/mine-for-charity/Thanks! |
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losthymns
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February 06, 2014, 05:09:00 PM |
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Are the DEV's still on vacation?
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ontopicplease
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February 06, 2014, 05:30:00 PM |
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Are the DEV's still on vacation?
Yeah, they sold all their coins and are on the Bahama's. I heard they made a new coin, forgot the name, something like MAX coin or so. |
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losthymns
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February 06, 2014, 06:17:47 PM |
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Are the DEV's still on vacation?
Yeah, they sold all their coins and are on the Bahama's. I heard they made a new coin, forgot the name, something like MAX coin or so. Don't think they are the one's behind MaxCoin, but then again you never know. I feel that they put to much time into this coin in order for it to just drop off. |
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epinay
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February 06, 2014, 06:57:46 PM |
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They are working hard for sure
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ontopicplease
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February 06, 2014, 07:05:41 PM |
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Are the DEV's still on vacation?
Yeah, they sold all their coins and are on the Bahama's. I heard they made a new coin, forgot the name, something like MAX coin or so. Don't think they are the one's behind MaxCoin, but then again you never know. I feel that they put to much time into this coin in order for it to just drop off. okay, I see my humor isn't appreciated |
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1Kb
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February 06, 2014, 07:09:10 PM |
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Are the DEV's still on vacation?
Yeah, they sold all their coins and are on the Bahama's. I heard they made a new coin, forgot the name, something like MAX coin or so. Don't think they are the one's behind MaxCoin, but then again you never know. I feel that they put to much time into this coin in order for it to just drop off. okay, I see my humor isn't appreciated Hehe, I was waiting for one to say it was meant to be funny |
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KimmyF
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February 06, 2014, 07:55:47 PM |
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Are the DEV's still on vacation?
Yeah, they sold all their coins and are on the Bahama's. I heard they made a new coin, forgot the name, something like MAX coin or so. Don't talk stupid, 99% of the premine is still where it started, just check the chain if you not believe me Also did some more research coz im heavy in eac, just need around 132sat to hit top3 on coinwarz, after Doge & sometimes some random new coin, if you think doge is not some gangnam style like hype and will be around till the end of the year, just go for it. If you think eac has more potential then that just use the low difficulty & hashrate to get some more |
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ontopicplease
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February 06, 2014, 08:24:42 PM |
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Are the DEV's still on vacation?
Yeah, they sold all their coins and are on the Bahama's. I heard they made a new coin, forgot the name, something like MAX coin or so. Don't think they are the one's behind MaxCoin, but then again you never know. I feel that they put to much time into this coin in order for it to just drop off. okay, I see my humor isn't appreciated Hehe, I was waiting for one to say it was meant to be funny Hey, its getting funnier now, what you say? |
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losthymns
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February 06, 2014, 08:26:48 PM |
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Are the DEV's still on vacation?
Yeah, they sold all their coins and are on the Bahama's. I heard they made a new coin, forgot the name, something like MAX coin or so. Don't think they are the one's behind MaxCoin, but then again you never know. I feel that they put to much time into this coin in order for it to just drop off. okay, I see my humor isn't appreciated Hehe, I was waiting for one to say it was meant to be funny Hey, its getting funnier now, what you say? Lol yes, now it is funny. |
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epinay
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February 06, 2014, 10:23:02 PM |
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All the digital coins re crashing today, tomorrow is another day!
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0rganic
Member
Offline
Activity: 119
Merit: 10
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February 06, 2014, 10:27:44 PM
Last edit: February 06, 2014, 11:06:24 PM by 0rganic |
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Hi all,
It appears a bit gloomy in here  , maybe my situation is different
than others.
I don't mine, I just invest, for me.. short term vision does not work,
you have to see potential, 2 years ago I remember a lot of my
friends laughing at me  "you and that stupid Monopoly Money
blah, blah, blah, you purchased 5,000 bits of worthless
computer code LOL, their ignorance  is my bliss  .
The ironic part of that is that I am not a geek or IT orientated
but I can sniff a bargain from a thousand miles.
I still have 2,500 Bitcoin's converted some to fiat, 
" I know LOL" spent some on goodies , and
reinvested the rest.
Of course you want to know where,....... well I waited and I
watched, in the interim I dabbled here a little there, made
some further research, noted the predicted Pumps and the
Dumps the scam's and the FUD, propaganda, real organised BS.
Then early December I came across Earthcoin EAC for first time,
gave it a cursory glance, whilst I was researching another
alt coin, "which I will not mention here" I came across
some information that caused me to investigate Earthcoin EAC,
due diligence I think they call it, some refer it to as potential,
anyway no more to be said, that's where my other BTC went.
The majority of people who speculate or invest in crypto currency
have a very narrow short term perspective, they look at the
exchange trading chart's, listen to so called day trader's in
cheap suits, "no offence to cheap suits" looking to make a
quick buck, nothing wrong with that, if you want to make
$200 or $300 here or there.
You also have the people who mine a coin, majority of them shoot
themselves in the foot because they are their worst enemy, as for
dev's well I will that leave that for another time, but if any of you
have invested in Earthcoin and want a Pump and Dump good luck
with that, and for those that have panic sold or sold because they
are impatient thank you.
If you have invested in Earthcoin, in my honest opinion lock two thirds
of it safely away, with the other third get proactive and utilise it,
spend it on anywhere that takes it, give some of it to good cause's,
friends or family the ideas are endless.
Things are going to surprise you in the Crypto world, Bitcoin is not going
to be where you think it should be, in the near future, don't misunderstand
me it will still be around, but there are two other coins that will ascend
above it, one is for fun, and the other is EAC,
Hindsight is a wonderful thing , hold on tight to those coins people.
PS, Please do not inundate me with request's that I
substantiate or validate the above, I am not a financial expert,
do as you please it is your choice.
Best Regards
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