[ANN][ELITE] EliteCoin - Only 20k ELC! - NO PREMINE! X11 POW+POS - *BITTREX!*

[Rage19420]

I've opened a poll
https://bitcointalk.org/index.php?topic=707223

We were going to edit this official ANN and add a poll about that, but well, thanks.

Why the rush to end it so early?

[EliteCoin]

I've opened a poll
https://bitcointalk.org/index.php?topic=707223

We were going to edit this official ANN and add a poll about that, but well, thanks.

Why the rush to end it so early?

We want the original plan:
20k blocks - 20k ELITE.

But a lot of people are complaining that the cost of the mining is way more than what they might earn.

My options would have been 10k blocks, 15k or 20k for the poll.

But we'll let the community decide!

[Shadow_Runner]

7777 blocks. 

[EliteCoin]

I don't think it would be a good idea to mine only 3000 ~ 5000 blocks for a total of 20k ELITE. At least for us.
Remember that we wanted to do something different, and that's why we decided for 2 weeks of mining with only 1 ELITE reward per block.

The problem is that people want to mine everything and sell, in two days.
In long-term, the price of our coin might go up and it could be really valuable.

[whatdidshedo]

I don't think it would be a good idea to mine only 3000 ~ 5000 blocks for a total of 20k ELITE. At least for us.
Remember that we wanted to do something different, and that's why we decided for 2 weeks of mining with only 1 ELITE reward per block.

The problem is that people want to mine everything and sell, in two days.
In long-term, the price of our coin might go up and it could be really valuable.

then stick with what you proposed, i like that you are looking for the long run unlike these 1 week in existence coins, you are the boss it's your coin

[EliteCoin]

I don't think it would be a good idea to mine only 3000 ~ 5000 blocks for a total of 20k ELITE. At least for us.
Remember that we wanted to do something different, and that's why we decided for 2 weeks of mining with only 1 ELITE reward per block.

The problem is that people want to mine everything and sell, in two days.
In long-term, the price of our coin might go up and it could be really valuable.

then stick with what you proposed, i like that you are looking for the long run unlike these 1 week in existence coins, you are the boss it's your coin

I know, but we also want to hear the community! So we'll be watching that poll and comments. But please discuss here, so everything is in one topic.

[Shadow_Runner]

Boss without community is nothing.

[Rage19420]

I don't think it would be a good idea to mine only 3000 ~ 5000 blocks for a total of 20k ELITE. At least for us.
Remember that we wanted to do something different, and that's why we decided for 2 weeks of mining with only 1 ELITE reward per block.

The problem is that people want to mine everything and sell, in two days.
In long-term, the price of our coin might go up and it could be really valuable.

Fuck them, keep with the plan. Let the grifters fall off early as they only want to dump as soon as they can.

[syrota]

I voted for the 20000. Because I have my 20 Mhsh and the opportunity to get a coin at a time when tenants are blown away.

[rugrats]

I've opened a poll
https://bitcointalk.org/index.php?topic=707223

We were going to edit this official ANN and add a poll about that, but well, thanks.

Why the rush to end it so early?

We want the original plan:
20k blocks - 20k ELITE.

But a lot of people are complaining that the cost of the mining is way more than what they might earn.

My options would have been 10k blocks, 15k or 20k for the poll.

But we'll let the community decide!

Not a lot of people - just a few who rented rigs.
If you offer coinholders the chance the cut down the number of future coins, of course we will say yes - but it will destroy the long-term credibility of the coin.

[BoyHowdy]

I've mined 9 ELITE so far. I quit

Mutio bom. Now maybe my 4mh can dominate. 

[BoyHowdy]

Don't change anything.

Changing the rules after the race has started is about the shittiest thing that can be done.

Let this be a lesson to the wannabe whales, the instamine with rented rigs game is done, everybody is on to it.

I feel for you guys that got scalped on the rental fees but that is the way the cookie crumbles.

[mchelopao]

now in bittrex, buy 1 elite x 1 btc

[syrota]

I understand that only complain about those who have buried the money loaned to the hope of a quick profit. A primary audience agrees to continue to keep their power on the extraction. I continue. And you?

[nfox]

Bittrex on the way?

[Marvell1]

I've opened a poll
https://bitcointalk.org/index.php?topic=707223

We were going to edit this official ANN and add a poll about that, but well, thanks.

Why the rush to end it so early?

We want the original plan:
20k blocks - 20k ELITE.

But a lot of people are complaining that the cost of the mining is way more than what they might earn.

My options would have been 10k blocks, 15k or 20k for the poll.

But we'll let the community decide!

Not a lot of people - just a few who rented rigs.
If you offer coinholders the chance the cut down the number of future coins, of course we will say yes - but it will destroy the long-term credibility of the coin.

I also voted for the original , hopefull the hash rate drops as the farms move to other coins this weekend and others can get more than .005 coins per day lol

[daeminium]

I've opened a poll
https://bitcointalk.org/index.php?topic=707223

We were going to edit this official ANN and add a poll about that, but well, thanks.

Why the rush to end it so early?

We want the original plan:
20k blocks - 20k ELITE.

But a lot of people are complaining that the cost of the mining is way more than what they might earn.

My options would have been 10k blocks, 15k or 20k for the poll.

But we'll let the community decide!

Not a lot of people - just a few who rented rigs.
If you offer coinholders the chance the cut down the number of future coins, of course we will say yes - but it will destroy the long-term credibility of the coin.

I also voted for the original , hopefull the hash rate drops as the farms move to other coins this weekend and others can get more than .005 coins per day lol

x2

[Cptdeathlok]

Selling 1 Elitecoin .1btc you go first  

[sushipooo]

I don't think it would be a good idea to mine only 3000 ~ 5000 blocks for a total of 20k ELITE. At least for us.
Remember that we wanted to do something different, and that's why we decided for 2 weeks of mining with only 1 ELITE reward per block.

The problem is that people want to mine everything and sell, in two days.
In long-term, the price of our coin might go up and it could be really valuable.

then stick with what you proposed, i like that you are looking for the long run unlike these 1 week in existence coins, you are the boss it's your coin

I know, but we also want to hear the community! So we'll be watching that poll and comments. But please discuss here, so everything is in one topic.

Hey bro, if you keep changing everything to fit the needs of the few flambois, this coin will crash and burn fast as shit.  Just do what YOU think is best.  Tell everyone else to F off. if you are wishy washy then confidence will absolutely disappear.

[ocminer]

This is one of the funniest threads for long time.

- People are complaining mining this coin costs more than the coin is worth

Well this is just the way Altcoins are :-) You mine them when it makes sense and you stop and sell them when they lose worth :-)

- Change the block reward so that mining makes sense again

Wait .. If they change block reward - how long will it last ? Until the first blocks are paid out and the people are dumping again ...
What then ? Again higher reward ??! :-)

Guys.. seriously.. Get over it

loool