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

[HKBvM]

Cant vote here and - believe it or not - there are still people around who dont use facebook 

I will post on reddit though. For anyone who has not voted or is undecided, have a look at the nobl coin thread. There is a lengthy discussion (+20 pages) if they should change from scrypt to POS or any other algo.

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[djnocide]

If POS win, do we switch completely or  become POW/POS?

[mdtspain]

I think POS with a POS/Multipool would be a good solution. Like that there will be a constant buying force (the multipool) and the miners will also be respected.

[ahumanbeingx]

If POS win, do we switch completely or  become POW/POS?

If PoS wins, we will surely go the route of pure PoS with a multipool setup around the same time.

[afeizhai]

POS is always best option.

+1

[axsdf]

when mining then disappear are orphans, correct?  Also, is there a way to reduce them?

[djnocide]

If POS win, do we switch completely or  become POW/POS?

If PoS wins, we will surely go the route of pure PoS with a multipool setup around the same time.

ok, thanks for the answer

[ahumanbeingx]

when mining then disappear are orphans, correct?  Also, is there a way to reduce them?

Do you receive any HW errors while mining? Another solution may be to try a different pool.

[RJF]

If you want a look at the future of stable Alt Coins, read this:

https://www.rapidcx.com/blog/pantera-bitcoin-fund-sec-filing-reveals-96-million-investment

Can you imagine an ETF made up of coins all earning interest through some form of PoS?

It's time to clean up and be professional...   (Actually, for EMC2 it would be "stay professional")

(posted in several forums)

[daywalkerneo]

Have you guys thought about dropping the max coin cap from 299 million?  That's a lot of dilution (and the current inflation is massive as well) which many investors run from.

I think it was cinni or silk who just dropped theirs from 150 million to 50 million, CSC from 336 million to 63 million, DarkCoin from 88 million to 22 million, etc.

Lots of new investors coming on and they look at the inflation rate and the max dilution.  If the max cap is cut to maybe 50 million and the inflation dropped as well, we can't probably get a 10 fold increase just on valuation alone, supply and demand are that simple.

Just my 2 cents.

Cheers!

those are clones coins who are changing wallets constantly and saying they dropped the max amount when really they are just scamming people.

[Lovethecoins]

If POS win, do we switch completely or  become POW/POS?

If PoS wins, we will surely go the route of pure PoS with a multipool setup around the same time.

ok, thanks for the answer

POS and multipool are both what we need here that would be big steps!

Stay strong science will pay off!

[afeizhai]

EMC2 will rise again, this is a great coin

[Alphi]

If POS win, do we switch completely or  become POW/POS?

If PoS wins, we will surely go the route of pure PoS with a multipool setup around the same time.

"hmm multipools have been a huge problem for small coins like EMC2 so lets cross over to the dark side and begin raiding every other small coin just to enrich ourselves.
don't worry we do it in the name of science so we can feel better about it.."

so instead of supporting science the community begins to show its real colors.. the desire for just another pump and dump through artificial price manipulation.

ah mob mentality where would we be without it...  

10 points goes to anyone who can detect my cynicism.

I am still confused at how a PoS system is going to work with its existing tax model.

[Cleveland Evans]

I think I will get it too!

[Alphi]

Have you guys thought about dropping the max coin cap from 299 million?  That's a lot of dilution (and the current inflation is massive as well) which many investors run from.

Maxcoin did this and it was a complete failure.

messing with the fundamentals of any coin is a bad idea because it sends a strong message to the market that the people in charge do not know what they are doing and are willing to try anything (including throwing out their morals, ethics and anything else that gets in the way) just to keep their major stake holders happy. the ideas of market certainty and fairness go completely out the window when this happens.

[HKBvM]

I completely agree with alphi. Its a new trend you can observe now. New coin's price shoots up, of course it is unsutainable because of giant inflation, and major holders cry to change the rules and cut money supply (CRYPT will be the next candidate). They made a mistake, bought on hype and current - not future - supply and now want to make others pay for their mistake (namely those who sold, knowing that current prices are unsustainable). Thats even worse with coins that have only a POW phase of like 4 weeks anyway. Comes pretty close to a scam often enough, especially with premines that suddenly rise from 1% to 3%. Older coins face the inflation problem, simply because the altcoinmarket is not growing fast enough to support all upcoming new coins plus those that are still existing. Thats ok though, some (most) coins probably have to die sooner or later.

EMC2' inflation is not massive (at least not at crypto-terms). If I made no mistake, it is 0,25% daily, and falling. That is 0.4BTC of daily buys at current prices. If EMC2 cannot attract more than 0.4BTC daily, the coin is dead anyway. With POS it would only die a slower death.

On the other hand, most people thought inflation is not that much of a problem, because a significant proportion of those who are mining were suposed to become new holders. And all holders should have the same goal - to increase the market cap. I dont know if that ever really was the case, but multipools certainly changed that. They are just dumping every mined coin right away. While I first liked the idea of multipools, this is not going to lead cryptoworld anywhere.

I am a bit undecided right now. EMC2 is old enough that a change to POS (= cut in supply) would no look as bad as with new coins. After all crypto world has changed alot in the last 3 months. And while the fundamentals might have been good 3 months ago, they might not be anymore. But what will be in 3 months from now on, are we going to change the fundamentals again? Doesnt feel like the right thing to do.

[Lovethecoins]

I completely agree with alphi. Its a new trend you can observe now. New coin's price shoots up, of course it is unsutainable because of giant inflation, and major holders cry to change the rules and cut money supply (CRYPT will be the next candidate). They made a mistake, bought on hype and current - not future - supply and now want to make others pay for their mistake (namely those who sold, knowing that current prices are unsustainable). Thats even worse with coins that have only a POW phase of like 4 weeks anyway. Comes pretty close to a scam often enough, especially with premines that suddenly rise from 1% to 3%. Older coins face the inflation problem, simply because the altcoinmarket is not growing fast enough to support all upcoming new coins plus those that are still existing. Thats ok though, some (most) coins probably have to die sooner or later.

EMC2' inflation is not massive (at least not at crypto-terms). If I made no mistake, it is 0,25% daily, and falling. That is 0.4BTC of daily buys at current prices. If EMC2 cannot attract more than 0.4BTC daily, the coin is dead anyway. With POS it would only die a slower death.

On the other hand, most people thought inflation is not that much of a problem, because a significant proportion of those who are mining were suposed to become new holders. And all holders should have the same goal - to increase the market cap. I dont know if that ever really was the case, but multipools certainly changed that. They are just dumping every mined coin right away. While I first liked the idea of multipools, this is not going to lead cryptoworld anywhere.

I am a bit undecided right now. EMC2 is old enough that a change to POS (= cut in supply) would no look as bad as with new coins. After all crypto world has changed alot in the last 3 months. And while the fundamentals might have been good 3 months ago, they might not be anymore. But what will be in 3 months from now on, are we going to change the fundamentals again? Doesnt feel like the right thing to do.

I think POS Multipool is a good change... I am not for changing the coin around and around but this is a necessary change and will give people incentive too hold coins .... Mutlipool isn`t a bad idea cause lots of miners still want emc2 without killing the price..


 

[HKBvM]

I completely agree with alphi. Its a new trend you can observe now. New coin's price shoots up, of course it is unsutainable because of giant inflation, and major holders cry to change the rules and cut money supply (CRYPT will be the next candidate). They made a mistake, bought on hype and current - not future - supply and now want to make others pay for their mistake (namely those who sold, knowing that current prices are unsustainable). Thats even worse with coins that have only a POW phase of like 4 weeks anyway. Comes pretty close to a scam often enough, especially with premines that suddenly rise from 1% to 3%. Older coins face the inflation problem, simply because the altcoinmarket is not growing fast enough to support all upcoming new coins plus those that are still existing. Thats ok though, some (most) coins probably have to die sooner or later.

EMC2' inflation is not massive (at least not at crypto-terms). If I made no mistake, it is 0,25% daily, and falling. That is 0.4BTC of daily buys at current prices. If EMC2 cannot attract more than 0.4BTC daily, the coin is dead anyway. With POS it would only die a slower death.

On the other hand, most people thought inflation is not that much of a problem, because a significant proportion of those who are mining were suposed to become new holders. And all holders should have the same goal - to increase the market cap. I dont know if that ever really was the case, but multipools certainly changed that. They are just dumping every mined coin right away. While I first liked the idea of multipools, this is not going to lead cryptoworld anywhere.

I am a bit undecided right now. EMC2 is old enough that a change to POS (= cut in supply) would no look as bad as with new coins. After all crypto world has changed alot in the last 3 months. And while the fundamentals might have been good 3 months ago, they might not be anymore. But what will be in 3 months from now on, are we going to change the fundamentals again? Doesnt feel like the right thing to do.

I think POS Multipool is a good change... I am not for changing the coin around and around but this is a necessary change and will give people incentive too hold coins .... Mutlipool isn`t a bad idea cause lots of miners still want emc2 without killing the price..


 

Just to clarify: If emc2 goes POS, I dont think a emc2 multipool is a bad idea. It just seems that 90% of new coins are POS+multipool, and that cant work out for the whole crypto market. Maybe I am wrong, though. I am learning.

[Lovethecoins]

I completely agree with alphi. Its a new trend you can observe now. New coin's price shoots up, of course it is unsutainable because of giant inflation, and major holders cry to change the rules and cut money supply (CRYPT will be the next candidate). They made a mistake, bought on hype and current - not future - supply and now want to make others pay for their mistake (namely those who sold, knowing that current prices are unsustainable). Thats even worse with coins that have only a POW phase of like 4 weeks anyway. Comes pretty close to a scam often enough, especially with premines that suddenly rise from 1% to 3%. Older coins face the inflation problem, simply because the altcoinmarket is not growing fast enough to support all upcoming new coins plus those that are still existing. Thats ok though, some (most) coins probably have to die sooner or later.

EMC2' inflation is not massive (at least not at crypto-terms). If I made no mistake, it is 0,25% daily, and falling. That is 0.4BTC of daily buys at current prices. If EMC2 cannot attract more than 0.4BTC daily, the coin is dead anyway. With POS it would only die a slower death.

On the other hand, most people thought inflation is not that much of a problem, because a significant proportion of those who are mining were suposed to become new holders. And all holders should have the same goal - to increase the market cap. I dont know if that ever really was the case, but multipools certainly changed that. They are just dumping every mined coin right away. While I first liked the idea of multipools, this is not going to lead cryptoworld anywhere.

I am a bit undecided right now. EMC2 is old enough that a change to POS (= cut in supply) would no look as bad as with new coins. After all crypto world has changed alot in the last 3 months. And while the fundamentals might have been good 3 months ago, they might not be anymore. But what will be in 3 months from now on, are we going to change the fundamentals again? Doesnt feel like the right thing to do.

I think POS Multipool is a good change... I am not for changing the coin around and around but this is a necessary change and will give people incentive too hold coins .... Mutlipool isn`t a bad idea cause lots of miners still want emc2 without killing the price..


 

Just to clarify: If emc2 goes POS, I dont think a emc2 multipool is a bad idea. It just seems that 90% of new coins are POS+multipool, and that cant work out for the whole crypto market. Maybe I am wrong, though. I am learning.

POS was a great idea in crypto so soon as it came in most coins didn`t have much choice but too adapt... Lots of people are holding emc2 long term already so POS is just an additional incentive...

Things are changing in crypto everyday we won`t be adopting everything

[matauc12]

One thing that must be considered about the poll is that essentially it has 2 choices (because of the nature of one of the choices being "no change"). It becomes a poll of "change or no change" and then which change. So when assesing the votes, it should be noted that the majority of voters that vote anything except no change would probably want to see a change. Therefor, I believe that for "no change" to be the winner, it should, consider first that the majority might (or might not, if no change counts for over 50%) want a change.