spartak_t
Legendary
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Activity: 1960
Merit: 1176
@FAILCommunity
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March 17, 2014, 09:03:25 AM |
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Thanks guys. clearly "makemebeat" has no clue about what he is talking about. I did the math, read the order book and sold it all. If i want, I can buy it all back for cheaper than what I sold it for. Not a bad return for a few days of mining.
exactly... I've been a contributing member of this community for a while, but I know a good business decision when I see it. The price was artificially high and unstable. The price is now too low, but stable for the moment and will eventually rise again. I sold and I'm buying back now. I will end up with the same number of coins, plus a new mining rig. Dumping means selling and getting out of the game with your profit. Selling high and buying back low is just good business. That being said, its almost time to buy back in. I've been watching coin trends for a while now and I've come up with a pattern that surprises me how often its true. Coin enters a first exchange at value X. In this case ~100 satoshi were the first large legitimate sales Coin gets pumped to 2-2.5 * X. EBT peaked at ~200 Coin gets dumped to hell, bottoming out at 10-20% of X. In this case, 10-20 satoshi After a couple weeks when community starts getting restless, a second pump brings value back to ~ 50% of X. Last, for many coins it is a slow painful death after second pump. I believe this coin will make it back to a stable 50-60 satoshi in the near future, but if you want to keep it from dying like the rest, you better have some plans that separate it from the rest. You cannot compare to other successful coins and say thats the price you should be at. Those prices don't just happen based on total coin supply. Those coins have massive communities and massive efforts to build price. I don't care if there are 50 million or only 50 of these coins. You're never getting back over 60 satoshi unless you start doing something BIG with your efforts. I could make maybe 3-5 BTC with selling my EBTs, but I decided not to do that, because it will hurt the price of the coin. I know that this has been already done, but I really believe in EBT's future. We are expecting new wallet, LazyCoins and soon - halving. People must understand that this coin is unique, because it is the ONLY one in the WORLD without BTC address for votes on Cryptsy and MintPal. It is one of the first coins with PoS award and it is the first, who stand up against paid votes on exchanges. Even a member from Cryptsy told me in conversation that he liked the coin and it's honesty. People must understand also that the market is in pretty bad shape, because of constantly launching of new coins, who are in hurry to be listed on big exchange and dumped. At the end many of those coins will die and few will succeed. I believe that EBT will be one of them! EDIT: Do not forget to vote on Cryptsy and MintPal, so we could prove that one coin can be listed around the markets, because of it's strong community!
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Jonesd
Legendary
Offline
Activity: 1876
Merit: 1014
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March 17, 2014, 09:27:41 AM |
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Thanks guys. clearly "makemebeat" has no clue about what he is talking about. I did the math, read the order book and sold it all. If i want, I can buy it all back for cheaper than what I sold it for. Not a bad return for a few days of mining.
exactly... I've been a contributing member of this community for a while, but I know a good business decision when I see it. The price was artificially high and unstable. The price is now too low, but stable for the moment and will eventually rise again. I sold and I'm buying back now. I will end up with the same number of coins, plus a new mining rig. Dumping means selling and getting out of the game with your profit. Selling high and buying back low is just good business. That being said, its almost time to buy back in. I've been watching coin trends for a while now and I've come up with a pattern that surprises me how often its true. Coin enters a first exchange at value X. In this case ~100 satoshi were the first large legitimate sales Coin gets pumped to 2-2.5 * X. EBT peaked at ~200 Coin gets dumped to hell, bottoming out at 10-20% of X. In this case, 10-20 satoshi After a couple weeks when community starts getting restless, a second pump brings value back to ~ 50% of X. Last, for many coins it is a slow painful death after second pump. I believe this coin will make it back to a stable 50-60 satoshi in the near future, but if you want to keep it from dying like the rest, you better have some plans that separate it from the rest. You cannot compare to other successful coins and say thats the price you should be at. Those prices don't just happen based on total coin supply. Those coins have massive communities and massive efforts to build price. I don't care if there are 50 million or only 50 of these coins. You're never getting back over 60 satoshi unless you start doing something BIG with your efforts. I could make maybe 3-5 BTC with selling my EBTs, but I decided not to do that, because it will hurt the price of the coin. I know that this has been already done, but I really believe in EBT's future. We are expecting new wallet, LazyCoins and soon - halving. People must understand that this coin is unique, because it is the ONLY one in the WORLD without BTC address for votes on Cryptsy and MintPal. It is one of the first coins with PoS award and it is the first, who stand up against paid votes on exchanges. Even a member from Cryptsy told me in conversation that he liked the coin and it's honesty. People must understand also that the market is in pretty bad shape, because of constantly launching of new coins, who are in hurry to be listed on big exchange and dumped. At the end many of those coins will die and few will succeed. I believe that EBT will be one of them! EDIT: Do not forget to vote on Cryptsy and MintPal, so we could prove that one coin can be listed around the markets, because of it's strong community! +1
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Co-Founder and Managing Partner of Block Bastards
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Jonesd
Legendary
Offline
Activity: 1876
Merit: 1014
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March 17, 2014, 09:38:25 AM |
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Thanks guys. clearly "makemebeat" has no clue about what he is talking about. I did the math, read the order book and sold it all. If i want, I can buy it all back for cheaper than what I sold it for. Not a bad return for a few days of mining.
exactly... I've been a contributing member of this community for a while, but I know a good business decision when I see it. The price was artificially high and unstable. The price is now too low, but stable for the moment and will eventually rise again. I sold and I'm buying back now. I will end up with the same number of coins, plus a new mining rig. Dumping means selling and getting out of the game with your profit. Selling high and buying back low is just good business. That being said, its almost time to buy back in. I've been watching coin trends for a while now and I've come up with a pattern that surprises me how often its true. Coin enters a first exchange at value X. In this case ~100 satoshi were the first large legitimate sales Coin gets pumped to 2-2.5 * X. EBT peaked at ~200 Coin gets dumped to hell, bottoming out at 10-20% of X. In this case, 10-20 satoshi After a couple weeks when community starts getting restless, a second pump brings value back to ~ 50% of X. Last, for many coins it is a slow painful death after second pump. I believe this coin will make it back to a stable 50-60 satoshi in the near future, but if you want to keep it from dying like the rest, you better have some plans that separate it from the rest. You cannot compare to other successful coins and say thats the price you should be at. Those prices don't just happen based on total coin supply. Those coins have massive communities and massive efforts to build price. I don't care if there are 50 million or only 50 of these coins. You're never getting back over 60 satoshi unless you start doing something BIG with your efforts. I think that is a pretty good analysis! I made a ton with this coin. Bought 800.000 for 14-40 Sats and sold 1/3 at a 100 and 1/3 at 270. Invested in a lot of other coins and bough 600k back at 30 SAT. The coins are safely back in my wallet to gain Stake.
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Co-Founder and Managing Partner of Block Bastards
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renodaret
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March 17, 2014, 03:07:15 PM |
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i surprisingly made money on this coin
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xminer2014
Member
Offline
Activity: 207
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
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March 17, 2014, 05:48:06 PM |
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Show your support by pointing your miners to EBT, and trade a little on ploniex, we need both hashrate and trade volume.
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﹏﹏﹋﹌﹌ WPP ENERGY ﹌﹌﹋﹏﹏ ☆═══━┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈━═══☆ ≈ WORLD POWER PRODUCTION ≈ █ █ █
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gustav
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March 17, 2014, 07:26:35 PM |
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now that i am on board let's get it moving ...
this could be very easy the next cool thing to happen on the internet. I think it can strike some attention with some pr and go very well viral if done right. Please organize some giveaways in the right places. Think about target audience and then get it. Hope this one works out.
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DannyTom
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March 17, 2014, 07:40:40 PM |
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now that i am on board let's get it moving ...
this could be very easy the next cool thing to happen on the internet. I think it can strike some attention with some pr and go very well viral if done right. Please organize some giveaways in the right places. Think about target audience and then get it. Hope this one works out.
two awesome ebt videos already...go pimp them to your friends and dont firget to list stuff for sale at ebt.cryptofleamarket.com once its finished
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BTQ: 17NEp7WtUZt4V5RiFP6YHxD1hcte7U3sB8 LTC: LeyXcTFxC5Ku3KDUyhwDHtLko1JwChd99h FTC: 6n56LJKYrdgmsougCCjenLFtpPTcjFQ829
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makemebeat
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March 17, 2014, 07:47:49 PM |
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Thanks guys. clearly "makemebeat" has no clue about what he is talking about. I did the math, read the order book and sold it all. If i want, I can buy it all back for cheaper than what I sold it for. Not a bad return for a few days of mining.
When you know the future - it's was a good price, yep. But. Average diff is 0.5, so you earn 15k per Mh/s. With price 100 it's 0,015 BTC per Mh/s. Is it good price?.. Dooon't think so, schoolboy.
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dylansweb
Newbie
Offline
Activity: 22
Merit: 0
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March 17, 2014, 07:51:27 PM |
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Can you tell me if these can be mined using CPU? Please msg me to let me know? Thanks.
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makemebeat
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March 17, 2014, 07:58:42 PM |
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Can you tell me if these can be mined using CPU? Please msg me to let me know? Thanks.
Scrypt - so can be, but the speed... It's better to mine CPU-only coins.
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Nullu
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March 17, 2014, 08:02:15 PM |
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Can you tell me if these can be mined using CPU? Please msg me to let me know? Thanks.
Scrypt - so can be, but the speed... It's better to mine CPU-only coins. Or better yet, just buy them cheaply, stick them in your wallet, and you'll get 10% interest on your coins.
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BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
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makemebeat
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March 17, 2014, 08:11:50 PM |
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Can you tell me if these can be mined using CPU? Please msg me to let me know? Thanks.
Scrypt - so can be, but the speed... It's better to mine CPU-only coins. Or better yet, just buy them cheaply, stick them in your wallet, and you'll get 10% interest on your coins. After 3 months it will be same, if you mine with CPU, Nullu is right.)
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gustav
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March 17, 2014, 08:14:35 PM |
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now that i am on board let's get it moving ...
this could be very easy the next cool thing to happen on the internet. I think it can strike some attention with some pr and go very well viral if done right. Please organize some giveaways in the right places. Think about target audience and then get it. Hope this one works out.
two awesome ebt videos already...go pimp them to your friends and dont firget to list stuff for sale at ebt.cryptofleamarket.com once its finished i don't have any friends anymore since i told them to invest in altcoins. All i care about now is midgetescorts for ebt ... all the rest doesn't matter anymore ...
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DannyTom
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March 17, 2014, 08:55:42 PM |
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now that i am on board let's get it moving ...
this could be very easy the next cool thing to happen on the internet. I think it can strike some attention with some pr and go very well viral if done right. Please organize some giveaways in the right places. Think about target audience and then get it. Hope this one works out.
two awesome ebt videos already...go pimp them to your friends and dont firget to list stuff for sale at ebt.cryptofleamarket.com once its finished i don't have any friends anymore since i told them to invest in altcoins. All i care about now is midgetescorts for ebt ... all the rest doesn't matter anymore ... lol...i posted an ad looking for an escort that takes ebt on the bestgfe site and actually got some responses...to bad they were thinking i was offering govt food stamps and not ebt coin but it goes to show ... people will do anything for anything...
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BTQ: 17NEp7WtUZt4V5RiFP6YHxD1hcte7U3sB8 LTC: LeyXcTFxC5Ku3KDUyhwDHtLko1JwChd99h FTC: 6n56LJKYrdgmsougCCjenLFtpPTcjFQ829
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DannyTom
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March 17, 2014, 10:29:50 PM |
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I just gotta say, coming home to an open EBT wallet and seeing a stake deposit for 610 coins when I'm mining another coin on that box is just sweet.
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BTQ: 17NEp7WtUZt4V5RiFP6YHxD1hcte7U3sB8 LTC: LeyXcTFxC5Ku3KDUyhwDHtLko1JwChd99h FTC: 6n56LJKYrdgmsougCCjenLFtpPTcjFQ829
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ickyt2012
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March 18, 2014, 02:26:09 AM |
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now that i am on board let's get it moving ...
this could be very easy the next cool thing to happen on the internet. I think it can strike some attention with some pr and go very well viral if done right. Please organize some giveaways in the right places. Think about target audience and then get it. Hope this one works out.
two awesome ebt videos already...go pimp them to your friends and dont firget to list stuff for sale at ebt.cryptofleamarket.com once its finished i don't have any friends anymore since i told them to invest in altcoins. All i care about now is midgetescorts for ebt ... all the rest doesn't matter anymore ... lol...i posted an ad looking for an escort that takes ebt on the bestgfe site and actually got some responses...to bad they were thinking i was offering govt food stamps and not ebt coin but it goes to show ... people will do anything for anything... This post is awesome!
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Cryptocurrency.... because hey, fiat money is just imaginary too
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HiBCDirect
Newbie
Offline
Activity: 98
Merit: 0
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March 18, 2014, 03:14:41 AM |
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Just an update since it's been mentioned here by others (I just found out about it and didn't realize anyone knew about it yet) but yes we are creating a flea market site coming soon where world crypto-currency users can post items for sale and buy after contacting the seller.
The backend and testing will be under development through the middle of April and then the UI/UX will hopefully be completed by May for an official launch.
It was originally intended to support only the big 3 (in my mind) BTC, LTC and QRK. When I say big 3 I'm really saying the 3 I have in wallets for as I'm not really into altcoins that much since last year, however, one of my employee's is a big fan of EBT and based on their vetting and the stand EBT took against paid voting on exchange sites, there will be a section specifically dedicated to buying and selling items/services for EBT as well.
I already have a local motorcycle apparel shop interested (I'm an avid rider with an 02 GSXR 750 and 99 Triumph Legend 900 for cruising) as well as a few clients and friends eager to get rid of junk for coins.
Hopefully the BTC, LTC, QRK and now EBT communities will find it as something useful and it will help take the coins beyond just a penny stock investment type scenario and other similar sites will follow.
Please keep in mind we're not part of any coin's development team, this is a private project for the betterment of the crypto community. Also keep in mind I'm an old fart who doesn't really do web design/development anymore (retired) so this is as I said just a private project to help spread the word on alternative currencies. Don't expect too much.
Best of luck to EBT.
BTC: 16aKHz837to1x4j5EvjBvfUFr1xV4uTgrV - HiBC Development Fund EBT: 5jHd2eUEuvV5aDVoFrpMeGaG5fBe2Y4H5d - HiBC Development Fund
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lajz99
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March 18, 2014, 04:17:03 AM |
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^^^ This is absolutely awesome. I'll be sure to show my support upon launch!
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Jonesd
Legendary
Offline
Activity: 1876
Merit: 1014
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March 18, 2014, 05:31:31 AM |
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Good stuff!
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Co-Founder and Managing Partner of Block Bastards
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