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lexicon
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July 23, 2014, 03:59:55 AM |
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there's only 20,000 and it's super hard to mine. I would wait a few days, you will be surprised I think. It's gonna be worth more that you guys think. But go ahead and dump em.  |
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In order to get the maximum amount of activity points possible, you just need to post once per day on average. Skipping days is OK as long as you maintain the average.
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DrSnAzZy
Member
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Activity: 112
Merit: 10
VootCoin PR/IRC Admin
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July 23, 2014, 04:02:01 AM |
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there's only 20,000 and it's super hard to mine. I would wait a few days, you will be surprised I think. It's gonna be worth more that you guys think. But go ahead and dump em. +1 |
Vootcoin!
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cudaminee
Newbie
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Activity: 28
Merit: 0
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July 23, 2014, 04:02:18 AM |
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wer on cryptsy? elacoin=elitecoin?
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DrSnAzZy
Member
Offline
Activity: 112
Merit: 10
VootCoin PR/IRC Admin
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July 23, 2014, 04:02:51 AM |
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wer on cryptsy? elacoin=elitecoin?
I saw that too. Thats a typo. |
Vootcoin!
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EliteCoin (OP)
Newbie
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Activity: 28
Merit: 0
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July 23, 2014, 04:07:22 AM |
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wer on cryptsy? elacoin=elitecoin?
No. The acronym of EliteCoin was ELC, but some users told us there was already a coin using ELC, which is ElaCoin. If you download our last wallet, you will see your balance as "ELITE" instead of ELC!  |
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binaryclock
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July 23, 2014, 04:10:55 AM |
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Right. Dedicated's automated system would find ELC on cryptsy. I'll be changing it to the new ticker 'elite' now.
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DEDICATEDPOOL.COM
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cudaminee
Newbie
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Activity: 28
Merit: 0
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July 23, 2014, 04:11:03 AM |
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wer on cryptsy? elacoin=elitecoin?
No. The acronym of EliteCoin was ELC, but some users told us there was already a coin using ELC, which is ElaCoin. If you download our last wallet, you will see your balance as "ELITE" instead of ELC! thank you for confirming, i wonder its only at 10k sats. lol so cheap. |
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AnonymousEconomist
Full Member
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Activity: 154
Merit: 100
Add me on Twitter! @AnonOnAMoose
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July 23, 2014, 04:13:33 AM |
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I'm going to be bold here and say PoW should be cut at 2,000 blocks. The cost to mine it is already significantly more than a reasonable price for a coin with 20k. This is also an extremely good way to get people talking about it. And us miners supporting the coin can feel like our hard earned ELITE will be healthy  |
Add me on Twitter! @AnonOnAMoose
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EliteCoin (OP)
Newbie
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Activity: 28
Merit: 0
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July 23, 2014, 04:19:15 AM |
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@AnonymousEconomist the cost might be a little high right now, because a lot of people rented rigs and the diff is really high. I think it will drop in a few days, and more people will be able to mine! A lo of people are asking to buy/sell already, so help us get listed on Bittrex!
Retweet this:
https://twitter.com/EliteCoinDevs/status/491798731285868544
Or send them a personalized tweet! Or an email! |
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AnonymousEconomist
Full Member
Offline
Activity: 154
Merit: 100
Add me on Twitter! @AnonOnAMoose
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July 23, 2014, 04:24:32 AM |
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@AnonymousEconomist the cost might be a little high right now, because a lot of people rented rigs and the diff is really high. I think it will drop in a few days, and more people will be able to mine! A lo of people are asking to buy/sell already, so help us get listed on Bittrex!
Retweet this:
https://twitter.com/EliteCoinDevs/status/491798731285868544
Or send them a personalized tweet! Or an email!The profitability is too low. You should defend the rig renter's investment as well. I believe this will be dumped for pennies compared to the mining cost for your average person. Sigh. |
Add me on Twitter! @AnonOnAMoose
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MartinF
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July 23, 2014, 04:26:29 AM |
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@AnonymousEconomist the cost might be a little high right now, because a lot of people rented rigs and the diff is really high. I think it will drop in a few days, and more people will be able to mine! A lo of people are asking to buy/sell already, so help us get listed on Bittrex!
Retweet this:
https://twitter.com/EliteCoinDevs/status/491798731285868544
Or send them a personalized tweet! Or an email!The profitability is too low. You should defend the rig renter's investment as well. I believe this will be dumped for pennies compared to the mining cost for your average person. Sigh. I think some people will dump the coin, as they always do, but I believe the price will be high a few days later with this one! Personally, I will hold my ELITE, I don't want to sell them so cheap. |
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EliteCoin (OP)
Newbie
Offline
Activity: 28
Merit: 0
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July 23, 2014, 04:27:30 AM |
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Thanks! I'll be adding you to the OP! |
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AnonymousEconomist
Full Member
Offline
Activity: 154
Merit: 100
Add me on Twitter! @AnonOnAMoose
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July 23, 2014, 04:30:53 AM |
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@AnonymousEconomist the cost might be a little high right now, because a lot of people rented rigs and the diff is really high. I think it will drop in a few days, and more people will be able to mine! A lo of people are asking to buy/sell already, so help us get listed on Bittrex!
Retweet this:
https://twitter.com/EliteCoinDevs/status/491798731285868544
Or send them a personalized tweet! Or an email!The profitability is too low. You should defend the rig renter's investment as well. I believe this will be dumped for pennies compared to the mining cost for your average person. Sigh. I think some people will dump the coin, as they always do, but I believe the price will be high a few days later with this one! Personally, I will hold my ELITE, I don't want to sell them so cheap. High hash rates give new coins their initial value. That's why it is good to reward the miners. It costs about .1 btc per 1 ELITE with the most efficient miners for rent |
Add me on Twitter! @AnonOnAMoose
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Jeff8247
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July 23, 2014, 05:18:18 AM |
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I'll follow this and see how it goes. Just hope its not another scam of the day coins....
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"The trouble with quotes on the Internet is that you can never know if they are genuine." -Abraham Lincoln, 1864
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whatdidshedo
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July 23, 2014, 06:24:54 AM |
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@AnonymousEconomist the cost might be a little high right now, because a lot of people rented rigs and the diff is really high. I think it will drop in a few days, and more people will be able to mine! A lo of people are asking to buy/sell already, so help us get listed on Bittrex!
Retweet this:
https://twitter.com/EliteCoinDevs/status/491798731285868544
Or send them a personalized tweet! Or an email!The profitability is too low. You should defend the rig renter's investment as well. I believe this will be dumped for pennies compared to the mining cost for your average person. Sigh. I think some people will dump the coin, as they always do, but I believe the price will be high a few days later with this one! Personally, I will hold my ELITE, I don't want to sell them so cheap. High hash rates give new coins their initial value. That's why it is good to reward the miners. It costs about .1 btc per 1 ELITE with the most efficient miners for rent are you saying 0.1 btc rental would mine only 1 elite? 20000 coins times 0.1 is 2000btc cap which would be ridiculous if it happens |
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HunterS
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July 23, 2014, 06:46:54 AM |
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LMAO  .look at the cheap ass people trying to buy elitecoin for peanuts on Lazycoin.i hope some noob doesnt sell to them.i think if you want some of these babies you might have to pay a bit more guys. |
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tubesteak
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July 23, 2014, 06:53:31 AM |
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Damn! This coin is expensive to mine. 90mh since launch and I only have 0.57 elite. Maybe I would have had better luck solo. shit!
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SLG: SPWZuB9HsZVQNiHCbLQyw32EdRdVtt87We
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AnonymousEconomist
Full Member
Offline
Activity: 154
Merit: 100
Add me on Twitter! @AnonOnAMoose
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July 23, 2014, 06:55:15 AM |
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@AnonymousEconomist the cost might be a little high right now, because a lot of people rented rigs and the diff is really high. I think it will drop in a few days, and more people will be able to mine! A lo of people are asking to buy/sell already, so help us get listed on Bittrex!
Retweet this:
https://twitter.com/EliteCoinDevs/status/491798731285868544
Or send them a personalized tweet! Or an email!The profitability is too low. You should defend the rig renter's investment as well. I believe this will be dumped for pennies compared to the mining cost for your average person. Sigh. I think some people will dump the coin, as they always do, but I believe the price will be high a few days later with this one! Personally, I will hold my ELITE, I don't want to sell them so cheap. High hash rates give new coins their initial value. That's why it is good to reward the miners. It costs about .1 btc per 1 ELITE with the most efficient miners for rent are you saying 0.1 btc rental would mine only 1 elite? 20000 coins times 0.1 is 2000btc cap which would be ridiculous if it happens Yes exactly what I'm saying. So despite the fact I rented, I'm going to lose a lot of my investment because of the scammy amount per block. .3 btc and im going to have 3 at the end of rental. And its the second cheapest miner for rent there. |
Add me on Twitter! @AnonOnAMoose
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whatdidshedo
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July 23, 2014, 06:57:52 AM |
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@AnonymousEconomist the cost might be a little high right now, because a lot of people rented rigs and the diff is really high. I think it will drop in a few days, and more people will be able to mine! A lo of people are asking to buy/sell already, so help us get listed on Bittrex!
Retweet this:
https://twitter.com/EliteCoinDevs/status/491798731285868544
Or send them a personalized tweet! Or an email!The profitability is too low. You should defend the rig renter's investment as well. I believe this will be dumped for pennies compared to the mining cost for your average person. Sigh. I think some people will dump the coin, as they always do, but I believe the price will be high a few days later with this one! Personally, I will hold my ELITE, I don't want to sell them so cheap. High hash rates give new coins their initial value. That's why it is good to reward the miners. It costs about .1 btc per 1 ELITE with the most efficient miners for rent are you saying 0.1 btc rental would mine only 1 elite? 20000 coins times 0.1 is 2000btc cap which would be ridiculous if it happens Yes exactly what I'm saying. So despite the fact I rented, I'm going to lose a lot of my investment because of the scammy amount per block. .3 btc and im going to have 3 at the end of rental. And its the second cheapest miner for rent there. ouch, costly lesson i think it will be (i hope that you get your money back but afraid to say it is imposible) |
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HunterS
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July 23, 2014, 07:03:44 AM |
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@AnonymousEconomist the cost might be a little high right now, because a lot of people rented rigs and the diff is really high. I think it will drop in a few days, and more people will be able to mine! A lo of people are asking to buy/sell already, so help us get listed on Bittrex!
Retweet this:
https://twitter.com/EliteCoinDevs/status/491798731285868544
Or send them a personalized tweet! Or an email!The profitability is too low. You should defend the rig renter's investment as well. I believe this will be dumped for pennies compared to the mining cost for your average person. Sigh. I think some people will dump the coin, as they always do, but I believe the price will be high a few days later with this one! Personally, I will hold my ELITE, I don't want to sell them so cheap. High hash rates give new coins their initial value. That's why it is good to reward the miners. It costs about .1 btc per 1 ELITE with the most efficient miners for rent are you saying 0.1 btc rental would mine only 1 elite? 20000 coins times 0.1 is 2000btc cap which would be ridiculous if it happens Yes exactly what I'm saying. So despite the fact I rented, I'm going to lose a lot of my investment because of the scammy amount per block. .3 btc and im going to have 3 at the end of rental. And its the second cheapest miner for rent there. ouch, costly lesson i think it will be (i hope that you get your money back but afraid to say it is imposible) why is it impossible.no one knows what the price will settle at.with only 20000 PoW coins once the weak hands dump there is only one way the price will go. |
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