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Author Topic: ★★ [ANN] ECCoin (ECC) ★★★ ECCoin - Green Future FORK FIXED UPGRADE NEEDED  (Read 342370 times)
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TimC
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March 17, 2014, 06:10:57 PM
 #1101

Good news guys cryptorush.in said to add ECC tonight in their exchange. So we can relax little bit.

Confirmed on mIRC too ...

<@Linkandzelda> gonna add ECC today so tehcncially they are
Boy what a entarence! we opened a hole with in exchange. What a community. Congrats guys your votes recovered. I know we did enough to be there.

Now they can dump their cons and drive it into the dirt.
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klopper
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March 17, 2014, 06:11:08 PM
 #1102

Good news guys cryptorush.in said to add ECC tonight in their exchange. So we can relax little bit.

 Grin Grin Grin
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March 17, 2014, 06:25:31 PM
 #1103

Let's keep mining, one more month to go before it is too late...
familiaverde
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March 17, 2014, 06:27:11 PM
 #1104

ok cryptorush.in -> tonight

mintpal.com here we come Smiley

everyone ready ?

EDIT :
dont forget to vote here too Pmtocoins : https://bitcointalk.org/index.php?topic=516934.0 we are 2nd

we want all exchanges Smiley
bonosurgut
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March 17, 2014, 06:44:50 PM
 #1105

we want all exchanges Smiley

veni vidi vici  Grin

but I do not want to sell.
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March 17, 2014, 06:46:17 PM
Last edit: March 17, 2014, 06:56:23 PM by hostmaster
 #1106

Operation MINTPAL:  Grin keep voting guys.we will shine together.
ECC   ECCoin   1LBtz6DE3RL8QkPafFW2M7g8G1rN3mvUhe   3996
https://www.mintpal.com/voting
bonosurgut
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March 17, 2014, 07:02:26 PM
 #1107

when cryptorush add us, poloniex see what happens and they automaticaly add us  Grin
hostmaster (OP)
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March 17, 2014, 07:11:47 PM
 #1108

when cryptorush add us, poloniex see what happens and they automaticaly add us  Grin
One by one we go all exchanges.
amdfxman1701
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March 17, 2014, 07:14:42 PM
 #1109

Moderators decided to delete my post for whatever reason, so here it is again. For Pete's sake, if you disagree, state why, don't just randomly delete it. I own this coin and am still mining it, it doesn't mean the concerns magically disappear.

"I admit that this is a concern of mine. We have some posters claiming that have tens of millions of ECC, which is A LOT and I'm sure the whales have a ton more. I'm starting to the think the devs made it too easy to gain large amounts of this coin, which will effectively cause dumps as the whales start pumping and dumping.

It's happened to every coin . . . It's going to happen to this one. The whales always win. Angry"

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hostmaster (OP)
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March 17, 2014, 07:32:38 PM
Last edit: March 17, 2014, 07:51:27 PM by hostmaster
 #1110

 We are not every coin. No need to be hopeless like that.

Grin What are your concerns here? This planet works like this. I mine at home 1 mhs but they mine 20-30 mhs. Some mines even more. But no body is losing here. We actually equally benefiting from cryptos available thanks to computer technology.

But in real life it does not work like that. If you are relatives with boss in a business you can enjoy higher ranks in that business. If you stay close to a dev you enjoy giveaways. Cheesy like this.

 in life, still, it's not ok to take always but you have to give back something. And if you give good things you get back more.(karma) The trick is here those who try to always gets and does not give not long survive or sustain their projects. i think we can agree on that.

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March 17, 2014, 07:55:26 PM
 #1111

Moderators decided to delete my post for whatever reason, so here it is again. For Pete's sake, if you disagree, state why, don't just randomly delete it. I own this coin and am still mining it, it doesn't mean the concerns magically disappear.

"I admit that this is a concern of mine. We have some posters claiming that have tens of millions of ECC, which is A LOT and I'm sure the whales have a ton more. I'm starting to the think the devs made it too easy to gain large amounts of this coin, which will effectively cause dumps as the whales start pumping and dumping.

It's happened to every coin . . . It's going to happen to this one. The whales always win. Angry"


Turning your question around: how would you go about making a mineable coin where the highest hashrates don't get more than lower hashrates? It's the nature of the beast and not coin-specific.

Also, assuming that those with tens of millions will automatically dump isn't necessarily true. Assuming a decent price once ECC gets on some higher volume exchanges, that 25% first year POS interest makes holding a mighty tempting option.
klopper
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March 17, 2014, 07:59:51 PM
 #1112

Moderators decided to delete my post for whatever reason, so here it is again. For Pete's sake, if you disagree, state why, don't just randomly delete it. I own this coin and am still mining it, it doesn't mean the concerns magically disappear.

"I admit that this is a concern of mine. We have some posters claiming that have tens of millions of ECC, which is A LOT and I'm sure the whales have a ton more. I'm starting to the think the devs made it too easy to gain large amounts of this coin, which will effectively cause dumps as the whales start pumping and dumping.

It's happened to every coin . . . It's going to happen to this one. The whales always win. Angry"


Turning your question around: how would you go about making a mineable coin where the highest hashrates don't get more than lower hashrates? It's the nature of the beast and not coin-specific.

Also, assuming that those with tens of millions will automatically dump isn't necessarily true. Assuming a decent price once ECC gets on some higher volume exchanges, that 25% first year POS interest makes holding a mighty tempting option.

Agree!! 25% is very good, keeping all my coins safely in my wallet!  Cool
embraer
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March 17, 2014, 08:16:43 PM
 #1113

I voted again  Cool
amdfxman1701
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March 17, 2014, 08:17:51 PM
 #1114

Moderators decided to delete my post for whatever reason, so here it is again. For Pete's sake, if you disagree, state why, don't just randomly delete it. I own this coin and am still mining it, it doesn't mean the concerns magically disappear.

"I admit that this is a concern of mine. We have some posters claiming that have tens of millions of ECC, which is A LOT and I'm sure the whales have a ton more. I'm starting to the think the devs made it too easy to gain large amounts of this coin, which will effectively cause dumps as the whales start pumping and dumping.

It's happened to every coin . . . It's going to happen to this one. The whales always win. Angry"


Turning your question around: how would you go about making a mineable coin where the highest hashrates don't get more than lower hashrates? It's the nature of the beast and not coin-specific.

Also, assuming that those with tens of millions will automatically dump isn't necessarily true. Assuming a decent price once ECC gets on some higher volume exchanges, that 25% first year POS interest makes holding a mighty tempting option.

I'd say it's not about some mining more than others, that will always be a given. But 45 days of mining at low difficulty with no halving allows those with more powerful rigs (which there are plenty of people with these) to amass tens of millions. Some already have 40+ million in a week, imagine in 6.5 weeks? Mint Coin offered 20% interest and look at what happened to them once the whales decided to dump their coins when the mining period was over. What do you think is going to happen when the big boys having more ECC coins when compared to Mint decide to dump their coins, which they invariably will.

I'm holding ECC for the short and long term, but just the sheer number of coins in circulation after 45 days is concerning, at least in my opinion.

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embraer
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March 17, 2014, 08:48:26 PM
 #1115

Moderators decided to delete my post for whatever reason, so here it is again. For Pete's sake, if you disagree, state why, don't just randomly delete it. I own this coin and am still mining it, it doesn't mean the concerns magically disappear.

"I admit that this is a concern of mine. We have some posters claiming that have tens of millions of ECC, which is A LOT and I'm sure the whales have a ton more. I'm starting to the think the devs made it too easy to gain large amounts of this coin, which will effectively cause dumps as the whales start pumping and dumping.

It's happened to every coin . . . It's going to happen to this one. The whales always win. Angry"


Turning your question around: how would you go about making a mineable coin where the highest hashrates don't get more than lower hashrates? It's the nature of the beast and not coin-specific.

Also, assuming that those with tens of millions will automatically dump isn't necessarily true. Assuming a decent price once ECC gets on some higher volume exchanges, that 25% first year POS interest makes holding a mighty tempting option.

I'd say it's not about some mining more than others, that will always be a given. But 45 days of mining at low difficulty with no halving allows those with more powerful rigs (which there are plenty of people with these) to amass tens of millions. Some already have 40+ million in a week, imagine in 6.5 weeks? Mint Coin offered 20% interest and look at what happened to them once the whales decided to dump their coins when the mining period was over. What do you think is going to happen when the big boys having more ECC coins when compared to Mint decide to dump their coins, which they invariably will.

I'm holding ECC for the short and long term, but just the sheer number of coins in circulation after 45 days is concerning, at least in my opinion.

We need more miners!!!
familiaverde
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March 17, 2014, 08:53:33 PM
 #1116

Moderators decided to delete my post for whatever reason, so here it is again. For Pete's sake, if you disagree, state why, don't just randomly delete it. I own this coin and am still mining it, it doesn't mean the concerns magically disappear.

"I admit that this is a concern of mine. We have some posters claiming that have tens of millions of ECC, which is A LOT and I'm sure the whales have a ton more. I'm starting to the think the devs made it too easy to gain large amounts of this coin, which will effectively cause dumps as the whales start pumping and dumping.

It's happened to every coin . . . It's going to happen to this one. The whales always win. Angry"


Turning your question around: how would you go about making a mineable coin where the highest hashrates don't get more than lower hashrates? It's the nature of the beast and not coin-specific.

Also, assuming that those with tens of millions will automatically dump isn't necessarily true. Assuming a decent price once ECC gets on some higher volume exchanges, that 25% first year POS interest makes holding a mighty tempting option.

I'd say it's not about some mining more than others, that will always be a given. But 45 days of mining at low difficulty with no halving allows those with more powerful rigs (which there are plenty of people with these) to amass tens of millions. Some already have 40+ million in a week, imagine in 6.5 weeks? Mint Coin offered 20% interest and look at what happened to them once the whales decided to dump their coins when the mining period was over. What do you think is going to happen when the big boys having more ECC coins when compared to Mint decide to dump their coins, which they invariably will.

I'm holding ECC for the short and long term, but just the sheer number of coins in circulation after 45 days is concerning, at least in my opinion.

We need more miners!!!

We need more votes on mintpal!!!
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March 17, 2014, 09:12:47 PM
 #1117

there is also less coin then mint... only 17billion in circulation once mining goes to 1 coin.. rest is from pos....

spread the word and those bigger rigs will get less.. its like that on any coin....


oh and just voted on mintpal.com have you?

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March 17, 2014, 09:19:48 PM
 #1118

My investors are looking forward to buying decent size stakes in ECC if 'whales' start dumping.

There is a lot of misunderstanding about markets, and of course most people worry about there being too many coins when the real problem is that most do not have enough available.

Anyone with the capital and skill to really promote is not going to bother unless a big stake is available for them to invest.

That is why premines are good, not bad...and large holders are good not bad... and dumps are good not bad, because someone is buying the ones that are sold.
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March 17, 2014, 09:27:45 PM
 #1119

My investors are looking forward to buying decent size stakes in ECC if 'whales' start dumping.

There is a lot of misunderstanding about markets, and of course most people worry about there being too many coins when the real problem is that most do not have enough available.

Anyone with the capital and skill to really promote is not going to bother unless a big stake is available for them to invest.

That is why premines are good, not bad...and large holders are good not bad... and dumps are good not bad, because someone is buying the ones that are sold.

that is correct... if i have btc available i will be buying and i have been mining since day one 24/7

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March 17, 2014, 09:33:11 PM
Last edit: March 17, 2014, 09:50:15 PM by eschmenk
 #1120


PoW:
- Random 100000 - 300000 coins per block for the first 45 days evenly distribution


I think you probably need to make the reward a constant 200000 coins per block and do it quickly. Given the way the net hash keeps jumping around recently, it looks like big hash is jumping in to cherry-pick the high reward blocks. That's the same problem DOGE had and is why they hard forked just now to make their reward constant. It's not fair to those of us who are mining constantly to have someone else come in and cherry-pick the high-reward blocks.

This is the last 20 blocks mined at the ECC - Cloudminers pool. Note how few blocks they have been able to find today that were > 200000 ECC.

Block    Validity    Finder    Time            Difficulty    Amount    Expected Shares    Actual Shares    Percentage
Totals                                                                1,514,825    1,317,062    86.94
20325    105 left     56337304    17/03 21:43:41    18.60    120,560.00    76,192    3,600    4.72
20321    101 left     56337304    17/03 21:40:41    20.45    116,923.15    83,748    93,032    111.09
20235     15 left     56337304    17/03 20:34:07    18.37    126,882.00    75,256    21,639    28.75
20212    Confirmed    56337304    17/03 20:16:12    21.28    273,355.02    87,182    10,306    11.82
20202    Confirmed    56337304    17/03 20:07:31    20.85    204,824.00    85,392    111,694    130.80
20079    Confirmed    56337304    17/03 18:35:59    15.97    150,222.00    65,433    18,964    28.98
20063    Confirmed    vadimka6    17/03 18:21:34    18.88    142,928.00    77,326    37,110    47.99
20030    Confirmed    56337304    17/03 17:55:42    20.16    188,976.00    82,563    34,736    42.07
19948    Confirmed    wabigong    17/03 16:52:45    18.30    144,630.00    74,958    57,655    76.92
19893    Confirmed    56337304    17/03 16:08:00    22.85    127,907.00    93,599    35,280    37.69
19853    Confirmed    56337304    17/03 15:39:34    19.76    146,626.04    80,948    59,706    73.76
19451    Confirmed    wabigong    17/03 10:30:57    18.37    185,428.10    75,233    132,891    176.64
18706    Confirmed    56337304    17/03 00:57:21    19.92    171,361.00    81,572    88,662    108.69
18612    Confirmed    wabigong    16/03 23:49:34    15.04    120,713.01    61,600    75,440    122.47
18542    Confirmed    56337304    16/03 22:51:43    20.29    145,538.01    83,088    98,984    119.13
18439    Confirmed    56337304    16/03 21:36:00    16.92    276,971.03    69,313    79,562    114.79
18358    Confirmed    56337304    16/03 20:36:19    12.82    279,638.00    52,530    118,156    224.93
18248    Confirmed    56337304    16/03 19:08:32    16.33    157,691.00    66,870    50,119    74.95
18203    Confirmed    56337304    16/03 18:33:51    16.79    145,128.02    68,765    148,683    216.22
18049    Confirmed    56337304    16/03 16:34:58    17.89    298,055.01    73,257    40,843    55.75


And yes, even though the reward is supposed to be random, as soon as a block is solved, it's possible to calculate the reward for the next bock. See "Something is rotten in the state of DOGE mining" for a description of the problem as it occurred with Dogecoins. I would be very surprised if ECC somehow did things differently.

BTW, I shortened someone's ID in the table to make the columns line up better. The table is here, but may change by the time you look at it.

Can someone verify if this is a problem with ECCHouse? They are so large it couldn't be just a matter of luck if it shows up there. I don't have an account with them and they don't provide that information to the public. The average reward for the last 24 hours would be great to know. For ECC - Cloudminers, it was about 157,000, instead of 200,000.

DOGE: D6LQ9A9XFgxKxwPRJZKocLUgJhWtWNaFcb     ECC: EX5YjWshEuJAed2tdu1ianrwMuP3fCSgsT     EMC2: ENgpQLmP9kLhTKfnEJQgSoJB1FJGKcP7z8
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