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hostmaster (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 18, 2014, 05:01:55 PM |
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You have to wonder at the motivation of people dumping at 2 Sat. With 40MH/s I would be getting approximately 9m ECC per day with diff 17. Dumping at 2 Sat would yield a whoopity doo total of 0.18 BTC or 0.0045 BTC per MH/s per day. Less than just mindlessly sticking rigs on a multipool and waiting for the BTC to roll in directly.
I was just reading back through the MINT thread, and it had a similar problem when it first hit a few exchanges. Dumping at 3-4 Sat and people proclaiming that it was dead. It wasn't long before it was into double digits, then 20-25 Sat, and 30-35 Sat, before finally peaking at > 50 Sat. I wonder how the 3-4 Sat dumpers felt when they saw that?
70 billion MINT vs 50 billion ECC, and < 17 billion of those ECC to be mined during the POW stage. But hey, math is hard, so keep dumping at 2 Sat without regard to actual production cost or comparative value. Cheap coins for the rest of us.
Guys if you really be sorry to see ECC 70 Satoshies don't blame me, i am one of most active DEV around. Probably i did most marketing than many altcoins. I still respect some have to sell for bla bla. But think about the actual cost of mining... at least you can wait the near end periods of first PoW stage.
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TimC
Legendary
Offline
Activity: 1764
Merit: 1022
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 18, 2014, 05:31:50 PM |
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You have to wonder at the motivation of people dumping at 2 Sat. With 40MH/s I would be getting approximately 9m ECC per day with diff 17. Dumping at 2 Sat would yield a whoopity doo total of 0.18 BTC or 0.0045 BTC per MH/s per day. Less than just mindlessly sticking rigs on a multipool and waiting for the BTC to roll in directly.
I was just reading back through the MINT thread, and it had a similar problem when it first hit a few exchanges. Dumping at 3-4 Sat and people proclaiming that it was dead. It wasn't long before it was into double digits, then 20-25 Sat, and 30-35 Sat, before finally peaking at > 50 Sat. I wonder how the 3-4 Sat dumpers felt when they saw that?
70 billion MINT vs 50 billion ECC, and < 17 billion of those ECC to be mined during the POW stage. But hey, math is hard, so keep dumping at 2 Sat without regard to actual production cost or comparative value. Cheap coins for the rest of us.
Guys if you really be sorry to see ECC 70 Satoshies don't blame me, i am one of most active DEV around. Probably i did most marketing than many altcoins. I still respect some have to sell for bla bla. But think about the actual cost of mining... at least you can wait the near end periods of first PoW stage. Most can't wait. Like a kid with a new toy. It hit an exchange so they need to play with it (sell their coins). Then as each person sell lower it becomes a race to see who can sell it into the dirt before the other guy can. They are addicted to BTC and will sell at any price to get it.
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gouda
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 18, 2014, 05:39:22 PM |
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You have to wonder at the motivation of people dumping at 2 Sat. With 40MH/s I would be getting approximately 9m ECC per day with diff 17. Dumping at 2 Sat would yield a whoopity doo total of 0.18 BTC or 0.0045 BTC per MH/s per day. Less than just mindlessly sticking rigs on a multipool and waiting for the BTC to roll in directly.
I was just reading back through the MINT thread, and it had a similar problem when it first hit a few exchanges. Dumping at 3-4 Sat and people proclaiming that it was dead. It wasn't long before it was into double digits, then 20-25 Sat, and 30-35 Sat, before finally peaking at > 50 Sat. I wonder how the 3-4 Sat dumpers felt when they saw that?
70 billion MINT vs 50 billion ECC, and < 17 billion of those ECC to be mined during the POW stage. But hey, math is hard, so keep dumping at 2 Sat without regard to actual production cost or comparative value. Cheap coins for the rest of us.
yea i was one of the peeps that held mint to 52 sat.. sold 2.8 million worth!!! it was a good day... but i think eccoin can go 70+
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blofoma
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March 18, 2014, 05:39:49 PM |
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wow great news -------------------------------------------------------- ECCoin Adress Giveaway - EcCmWEwhVZrbVV5D1s7CfgQokn7PnB8WBV
- EcCUTjykyZ6QwGMrobupapyD5NJ58eK5BY
- EcCbzeU6xVFNBqyupdzUGhTCcYGQ2Aodrw
- EcC8M1cWsbWhUmGFf6xPZjvtDwSu5dgyB2
- EcCDiHRNn9P4NJbEbn6LhaexGS5zDYD4kR
- EarnhQ1ABEgij75X2mBQBw2QzCreZETJdf
- EarnbtaZdrZ1d4vSM1GojcZLoZWf6sXrXy
- Earnrcmp2hPS5t6v98ekCa3hMuQTBtMX5E
- EarnJL8iXR4kgWJbE3xTfw8qmgGvhwwVZZ
- Earn7dHdLPfAMi7eHJ1W3TixB2fjQVnRdj
- Reply Address that you want
- Private Key Send to PM
![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
suported by http://eccoin.ml/sale.html
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gouda
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 18, 2014, 05:40:46 PM |
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gouda
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 18, 2014, 06:03:34 PM |
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timerland
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March 18, 2014, 06:17:54 PM |
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but what's that mean? How to make coinpayment SUPPORT ECC?
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stormia
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March 18, 2014, 06:33:51 PM |
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Hey everybody idk if you have been following Mintcoin but it appears that the high PoS interest rate might be destroying the coin, for the short term anyways, due to exchanges autoselling all their minted coins from their exchange wallets. Just something the ECC community might want to keep an eye on in the near future and something that might need to be addressed/circumvented somehow depending on how things play out.
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Majormax
Legendary
Offline
Activity: 2534
Merit: 1129
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 18, 2014, 07:00:30 PM |
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Hey everybody idk if you have been following Mintcoin but it appears that the high PoS interest rate might be destroying the coin, for the short term anyways, due to exchanges autoselling all their minted coins from their exchange wallets. Just something the ECC community might want to keep an eye on in the near future and something that might need to be addressed/circumvented somehow depending on how things play out.
Cheap supply from minted coins could be seen two ways. It is a positive for distributed holding.
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gouda
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 18, 2014, 07:07:07 PM |
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i have just voted again on mintpal... passed up another coin... have you voted?
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hostmaster (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 18, 2014, 07:17:08 PM |
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but what's that mean? How to make coinpayment SUPPORT ECC? We are now at pre-list. Some time later if enough public demand occur for ECC. You will be able to use ECCs for shopping. Here is the store directory https://www.coinpayments.net/store-directory You can see there shops and what they are accepting. Shops use coinpayments gateway for accepting payments & increasing sales. I suppose, We need to go one big exchange like mintpal. After that coinpayments can full support us.
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Ravious
Copper Member
Newbie
Offline
Activity: 36
Merit: 0
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 18, 2014, 08:27:41 PM |
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I know I am quite new this sort of thing, but is anyone else getting annoyed by people selling at 2 sat?
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xwortel
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 18, 2014, 09:08:53 PM |
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I know I am quite new this sort of thing, but is anyone else getting annoyed by people selling at 2 sat?
That always happen. please note that there are miners that need to pay their energy bills. You could use this opportunity to buy some in.
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kopam
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 18, 2014, 09:09:59 PM |
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I know I am quite new this sort of thing, but is anyone else getting annoyed by people selling at 2 sat?
tbh i am very happy about this, how else would i get a lot of ECC for such a low price ? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Let them dump more, if any one wants to dump more at 2 sat just pm me ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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futile-resistance
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 18, 2014, 09:11:57 PM |
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I know I am quite new this sort of thing, but is anyone else getting annoyed by people selling at 2 sat?
tbh i am very happy about this, how else would i get a lot of ECC for such a low price ? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Let them dump more, if any one wants to dump more at 2 sat just pm me ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Wasn't able to mine, want to thank the generous sellers for selling me more than I could have possibly mined. I appreciate it.
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matoy
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March 18, 2014, 09:12:25 PM |
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FjEaH7qG.png&t=665&c=8FeFz4gCDR93Yg) -> Come on to http://ecc.coins4everyone.com!To get plenty of EC Coins, just point your miners to: Stratum: stratum+tcp://ecc.eu.stratum.coins4everyone.comPort: 3469Algorithm: scrypt Username: Weblogin.Worker Password: Worker Password and then relax... We take care of the rest! Benefits of Mining @ coins4everyone.com: * based in Europe * incredible uptime * fast dedicated servers w/redundancy, tripple layer DDoS protection * only 1% fee * pplns * nice & caring support * trustworthy & skilled admins Come on, we need more hash power, point your miners to our pool and let’s spread hashrate! ;-)
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klopper
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March 18, 2014, 09:53:18 PM |
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ECCoin - money that grows on trees! Finally, someone invented it! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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