Earthrolls.com 1% dice game launched, you can invest or gamble your earthcoins.
I really don't see why we should associate EAC with gambling.
Or am I the only one that thinks so???
I find it slightly distasteful, but it does add legitimacy to the enterprise somewhat. The #1 world's reserve currency is also the #1 currency used for gambling (US Dollar).
The beauty and danger of crypto-currency in general is that it's free-market based. Everyone can create/do what they want and accept earthcoin for it, it is up for the Individual to make 'big-boy' decisions regarding their EarthCoin holdings and how they utilize/ distribute them.
So I guess I would tell people if you don't like gambling, then don't gamble. But the entrepreneur who created the medium HAS to be allowed to do so, as long as the gambling site is clear and open about their 'fees' or 'house advantage' I say go for it. But a simple 'Coin-Flip' game does not do much for me. I prefer No-Limit Hold'em, Omaha Hi-Lo and such.
Once someone comes out with No-Limit Hold'em or more legit card and casino games taking Earthcoin, I will play myself just for the 'entertainment' value.
JMHO.
And also, while I'm posting, I can see the merits behind the bemoaning the lack of dev's involvement the past few weeks, and I can also understand the dev's deciding not to 'baby' us along with relatively mundane announcements on the daily.
So let's meet somewhere in the middle. I think that the Dev's need to provide some clarity for the Earthcoin Mobile Wallet for Android & iOS. I am no programmer but I have seen far lesser cryptos in my opinion pop out working wallets and I think we need that crucial step for legitimacy. (And I want to do transactions easily from my App on my nexus 5 while out and about, and not have to fool with cryptsy's mobile platform which is much harder IMO)
So get that done, release the positive news, and I can guarantee we will see Earthcoin hop up past 20 Satoshi(Am I using this right?) in no time.
From the Dev's perspective, I can see that they feel it is counter productive to spend too much of their valuable time by consoling those who are down from their buy prices and are reaching panic levels. Always have more BTC/ Cash on sidelines to 'scale in' as Earthcoin sells off during times of slow periods. Then you get a good average price and the next 50% increase you will be very happy with your position. If you are feeling things are getting too 'frothy' or smell 'irrational exuberance' in the air, then sell 10-30% of your holdings and wait and see if it crashes. If it does you can buy more. If it doesn't crash, but shows continued strength, you can always buy back in. Having flexibility with your holdings is clutch for trading and investing in cryptos IMO.
Also Remember to come up with a plan or strategy that helps you take all the human emotion out of your investments. You need to look at investing in Earthcoin as a 'long-term' plan and be able to stomach the sickening gyrations in 'spot' trading price. Buy in regular intervals, on sell-offs, when it's down 20% or higher on the day, etc., and protect yourself from the panic of buying all in one fell swoop at the wrong time.
I still strongly believe in the peoples currency, and I will be remembered as a founding member by essentially 'backing' Earthcoin with physical Gold & Silver. I am in the process of exchanging 25 Silver Coins for crypto-currency as we speak. I am confident in doing so because I know for a FACT my upside in Earthcoin is likely 10X what it is in silver. And I think silver is a great investment at the current time as well. I am offering this service so people who are feeling they are too heavily allocated in crypto-currency can exchange it for physical silver & gold to diversify their risk. Diversification is important to minimize the risk of your holdings.
So I will end by recommending all take a deep-breath, relax and try to think long-term. See if you can come up with more money to buy Earthcoin at this current price. Plan on having more 'dry powder' to buy even more Earthcoin if it goes down to less than 10 satoshi again. I am thrilled for the price to stay low, and to go lower, and stay there for as long as possible. The more time I have to accumulate this 6 week old 'venture capital' type of investment, the more wealth I will have 2-3 Years down the road. Plus a low price is great for long-term holders because it tends to shake out the weak hands, and transfer the current float of Earthcoins from the panicked, short-term speculator, to the patient, long-term 'Investor'. Then when truly Earth-shaking news breaks, the panicked will rush back in and the long-term will still not be selling. And that is when you will see this price really start to get interesting.
EARTHCOIN - The People's Champ!
Stores.ebay.com/ATXSilver
Anything in my store available in exchange for EarthCoin - I am still waiting to do my first Diamond Jewelry for Earthcoin Transaction!
Take a look at my store and make me offers in Earthcoin! I will even take up to 50% off my current prices if you pay with Earthcoin!
ATX SILVER
