ANN-EMC2 Einsteinium FUNDING THE FUTURE WITH THE FUTURE OF CURRENCY KMD-dPoW

[Cobra]

djnocide said: "Too bad i don't have 3 BTC because i'd do it."

ok, let's say you did it, what's your next step?

Cross your fingers and hope the Foundation pulls a rabbit out of their hat before it gets delisted on all of the exchanges.

It is questionable if the Foundation has the time to see this through aside what is required from a Dev to work on this. They have day jobs and it seems like EMC2 is in a hole that may have a tough time digging out of.  Good luck on the bounty items being fulfilled when Dev's may not want to speculate on 50k coins someday having value versus just buying them now on an exchange without having to work for them.

The Foundation should plainly list the specifics of what could fix the coin based on the current state, list the goals, list what a Dev would charge to make that happen etc.  When the community agree's with the plan donations should be accepted via any crypto to make that happen since EMC2 has no real value currently. I would like to hear the specifics from the Foundation on what can fix the coin and their proposed plan. It is clear they cannot make this happen on their own without financial support from the community. Running a marketing campaign with how things are now will not solve the problem.

The overall idea and goal is a great concept especially with the Foundation pushing it forward. The technical part of EMC2 is the downfall and issue to take immediate action on so miners will come back.

[dailey123]

JUST STAY CALM AND BUY AND HOLD

[matauc12]

Would be great if the team could chime in on that last couple ideas... and honestly at this point, it's not just acknowledging the ideas that's important, it's actually putting something in the go gear, and fast.

[djnocide]

djnocide said: "Too bad i don't have 3 BTC because i'd do it."

ok, let's say you did it, what's your next step?

wait to see what the foundation is planning, right a lot of people are dumping. Too many coins on the market for a coin that we don't know the future (no clear path). Sometimes you need to takes chances, might turn good, might be bad. You have to believe in the choices you make

[Armis]

djnocide said: "Too bad i don't have 3 BTC because i'd do it."

ok, let's say you did it, what's your next step?

wait to see what the foundation is planning, right a lot of people are dumping. Too many coins on the market for a coin that we don't know the future (no clear path). Sometimes you need to takes chances, might turn good, might be bad. You have to believe in the choices you make

ouch, I was hoping for a very different answer.

For the most part, everyone who invested in EMC2 'believe in the choice they made', the belief was monetized and invested into the vision, subsequent investment solidified the beliefs and matured those beliefs into a shared vision.  

When things went wrong, when monetary values dropped, unbelievers fled without pause, it is the believers who are left behind holding big bags, and trying to find solutions for problems not created by them.   So everyone around you now are ALL believers to some degree.

Nevertheless, I think we have passed the point of "waiting", at this point it's clear or should be clear that the present leadership is unable to do what is necessary to increase EMC2's market value for the immediate future (days to weeks).  

It's time to start thinking like one of the new leaders -- what would you do if you were placed at the helm of the EMC2 ship?  If that's too much, what is it that you feel EMC2 should do, or happen within the EMC2 community, to result in a real upswing in EMC2 market value?

JUST STAY CALM AND BUY AND HOLD

well beyond that state

this is an emergency situation that requires life saving actions

[dailey123]

its just because btc rises all coins are almost low now even doge dropped hard

[matauc12]

its just because btc rises all coins are almost low now even doge dropped hard

"just because", no.

But yes, historically, everytime bitcoin rises, alt coins drop, and then rise even higher.

[leonar76]

EMC2 pump starting.... take offf to the moon.

[Armis]

EMC2 pump starting.... take offf to the moon.

Leonart its time for serious discussion about EMC2, are you ready to be a part of EMC2's revitalization efforts?

What can you do, and what do you want to see done to bring life back to EMC2?
  

[dailey123]

its not even death wtf man

its good time too mine and buy every coins has its up and down even doge when btc go down you make big $$$

[dailey123]

this is even what the Dev said too me

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EMC2 Won't die, we're working on it!

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i think this is a few of the decent coins it has clear goals and good community keep happy mining

[Alphi]

its not even death wtf man

its good time too mine and buy every coins has its up and down even doge when btc go down you make big $$$

I agree.. as long as there are people who believe in the coin and are willing to put resources towards keeping it alive then it wont die.
and one of the strengths of the scientific community is that they are less motivated by financial reward and more motivated by discovery and exploration so less chance of abandoning a pet project just because it hasn't made them rich yet.

of all the coin launches i've taken part in.. the only coins that have died are the ones where the core team has given up and nobody else was willing to step up and take over....

being a small coin does leave it more open to attacks like timewarp exploit or 51% but the fact that it is so small also deters most crooks from even bothering to try it.

I think at this point the only thing to fear is success or complete abandonment by the core team.

if I had as many coins as bobsurplus.. I would probably keep half my coins, go and have a nice long cry in a corner and just sit on them for a year.. when the price is this low its pointless to dump everything..

[Armis]

its not even death wtf man

its good time too mine and buy every coins has its up and down even doge when btc go down you make big $$$

you don't have to be dead to be lifeless, EMC2 is clearly comatose with extremely weak vitals so you have two choices:
1) make funeral arrangements
or
2) initiate emergency measures to revitalize it

yes it is true that 'every coin goes up and down', and it is also true that almost all coins are getting hit very hard and suffering major damage, however most other coins have far more 'meat on their bones' to 'weather the storms', EMC2 doesn't have that luxury.   EMC2 is currently sliding into double digits at all of the exchanges that  is a very bad indication; it is not a dip or an inverted spike it's slow and deliberate which means it's REAL -- real bad.

I said it at 500 sat, repeated it at 400, 300, 200, and 100: "EMC2 value is too low, this is not good for the coin, much should be done to increase the value of the coin".

  





 

[djnocide]

It's time to start thinking like one of the new leaders -- what would you do if you were placed at the helm of the EMC2 ship?  If that's too much, what is it that you feel EMC2 should do, or happen within the EMC2 community, to result in a real upswing in EMC2 market value?

What i would do:
#1 no algo change, right now we couldn't please everyone is this community.

#2 merge mine  with 1 or 2 small coin with potential (not p&d) (digibyte, noblecoin or any coin that have proven what it's worth). why merge mine with a small coin? Because it would help both if we merge mine with a bigger, more establish coin it will look like we are his little pet. Emc2 is worth much more than that. With a small coin, both community can work to make things work for both coin. Since a lot of small coin have difficulty right, it would be the best time to do it. We would have to make a list of potential coin to merge mine with, let's see which coin the community think is worth it.

#3 No PR campaign until everything is done. it would take some times for the community to find the right coin and one that want to merge mine too.

#4 when it's done, it's show time, ads, video and everything to let the net knows what happened. In the same time, working on expanding the usefulness of both coins (trying to find as many vendors as we can to accept both coins). Not necessarily any vendors but maybe focusing on vendors related to the goal of each coin.

#5 Going back to the exchanges.


i hope you like this answer better 


           

[dailey123]

well armes in the begin before EMC2 was on cryptsy it went too 1331 and i sold at 1300 just be patient and dont loose faith iam 3 years in this cryptogame

[psybits]

EMC2 should Be merge mined with BTC and use receiver files like Devcoin (so the sponsored projects receive EMC2 every month ongoing)

Other people who want to be involved in the project can be on the receiver files and earn EMC2 every month for their marketing efforts.

e.g bloggers can earn some each month for having EMC2 banners on their blogs, people can earn some for having EMC2 in their signature, administrators of EMC2 project can earn for their ongoing work etc.

Merge mining with Bitcoin also has benefit of saving energy and also EMC2 will be secured by huge network power.

Any coin like this with a mission should implement receiver files and merge mining like DVC.

All old EMC2 coins should be migrated to new merge mined blockchain - this should happen within 2 weeks!

Devcoin value is arguably low as there is no hard limit on the number of coins - EMC2 will have much less coins created each month equals higher value.

 

P.S Otherwise just keep doing what you are doing - this is crypto and everyone needs to understand most coins are not going to be the next Litecoin and the best thing right now is for the project to keep on keeping on. People have been freaking out way too much in this thread and there really is no need for it. EMC2 is still worth more than BTC was at one stage

[Armis]

It's time to start thinking like one of the new leaders -- what would you do if you were placed at the helm of the EMC2 ship?  If that's too much, what is it that you feel EMC2 should do, or happen within the EMC2 community, to result in a real upswing in EMC2 market value?

What i would do:
#1 no algo change, right now we couldn't please everyone is this community.

#2 merge mine  with 1 or 2 small coin with potential (not p&d) (digibyte, noblecoin or any coin that have proven what it's worth). why merge mine with a small coin? Because it would help both if we merge mine with a bigger, more establish coin it will look like we are his little pet. Emc2 is worth much more than that. With a small coin, both community can work to make things work for both coin. Since a lot of small coin have difficulty right, it would be the best time to do it. We would have to make a list of potential coin to merge mine with, let's see which coin the community think is worth it.

#3 No PR campaign until everything is done. it would take some times for the community to find the right coin and one that want to merge mine too.

#4 when it's done, it's show time, ads, video and everything to let the net knows what happened. In the same time, working on expanding the usefulness of both coins (trying to find as many vendors as we can to accept both coins). Not necessarily any vendors but maybe focusing on vendors related to the goal of each coin.

#5 Going back to the exchanges.


         

#1 & #3 are clear.    #5 is a bit unclear

I think #2 is a discussion point that has been mention numerous times and should be given legs so that it could be thoroughly considered by the community, and subsequently voted on (adopted or rejected).  

In what way, if any, do you see the subject of merge mining as relevant to the market value of EMC2?

[djnocide]

It's time to start thinking like one of the new leaders -- what would you do if you were placed at the helm of the EMC2 ship?  If that's too much, what is it that you feel EMC2 should do, or happen within the EMC2 community, to result in a real upswing in EMC2 market value?

What i would do:
#1 no algo change, right now we couldn't please everyone is this community.

#2 merge mine  with 1 or 2 small coin with potential (not p&d) (digibyte, noblecoin or any coin that have proven what it's worth). why merge mine with a small coin? Because it would help both if we merge mine with a bigger, more establish coin it will look like we are his little pet. Emc2 is worth much more than that. With a small coin, both community can work to make things work for both coin. Since a lot of small coin have difficulty right, it would be the best time to do it. We would have to make a list of potential coin to merge mine with, let's see which coin the community think is worth it.

#3 No PR campaign until everything is done. it would take some times for the community to find the right coin and one that want to merge mine too.

#4 when it's done, it's show time, ads, video and everything to let the net knows what happened. In the same time, working on expanding the usefulness of both coins (trying to find as many vendors as we can to accept both coins). Not necessarily any vendors but maybe focusing on vendors related to the goal of each coin.

#5 Going back to the exchanges.


         

#1 & #3 are clear.    #5 is a bit unclear

I think #2 is a discussion point that has been mention numerous times and should be given legs so that it could be thoroughly considered by the community, and subsequently voted on (adopted or rejected).  

In what way, if any, do you see the subject of merge mining as relevant to the market value of EMC2?

The value will rise if we choose the right coin to merge mine with. We can't choose any coins and do it. We have to find one that will make the merge mine beneficial for both. Don't know if a coin like that exist right now. We can't really take merge mining lightly right now with the position emc2 is at. It's an option we have to consider. Only merge mine won't save emc2, it's the actions made after that, that will save emc2 if we do it.

[psybits]

PoS coins are very popular and seem to have very stable and increasing exchange rates (as people hold onto them to stake more coins)

Give EMC2 10% monthly interest is another idea which could be relatively easily implemented and will most likely "save the coin"

This is the easiest, fastest way to see big turnaround in EMC2

EDIT: let me know asap if this will be implemented as I will buy a lot

Staking for Science! Has a nice ring to it too Most pure scrypt mining coins are failing as it has been done to death, PoS is the future and EMC2 is a good fit for it It will make the network more secure too.

While my merge mining suggestion above would be cool - I don't expect the community to agree to such a radical change. In my opinion implementing PoS asap could be exactly what EMC2 needs and in terms of effort required to positive outcome ratio it is probably the most effective thing which can be done right now.

[dailey123]

yeah friend of me said he is gonna invest too in this and will try help in the long run let it go up