Rage19420
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July 23, 2014, 03:24:36 PM |
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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?
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EliteCoin (OP)
Newbie
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Activity: 28
Merit: 0
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July 23, 2014, 03:28:05 PM |
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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!
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EliteCoin (OP)
Newbie
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Activity: 28
Merit: 0
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July 23, 2014, 03:35:02 PM |
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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.
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whatdidshedo
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July 23, 2014, 03:39:03 PM |
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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
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EliteCoin (OP)
Newbie
Offline
Activity: 28
Merit: 0
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July 23, 2014, 03:40:41 PM |
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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.
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Shadow_Runner
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July 23, 2014, 03:42:05 PM |
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Boss without community is nothing.
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Rage19420
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July 23, 2014, 03:43:05 PM |
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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.
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syrota
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July 23, 2014, 03:47:15 PM |
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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.
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rugrats
Sr. Member
Offline
Activity: 742
Merit: 250
Vave.com - Crypto Casino
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July 23, 2014, 03:57:58 PM |
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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.
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BoyHowdy
Member
Offline
Activity: 70
Merit: 10
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July 23, 2014, 03:59:06 PM |
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I've mined 9 ELITE so far. I quit Mutio bom. Now maybe my 4mh can dominate.
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BoyHowdy
Member
Offline
Activity: 70
Merit: 10
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July 23, 2014, 04:04:33 PM |
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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.
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mchelopao
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July 23, 2014, 04:10:12 PM |
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now in bittrex, buy 1 elite x 1 btc
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syrota
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July 23, 2014, 04:12:37 PM |
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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?
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nfox
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July 23, 2014, 04:14:14 PM |
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Bittrex on the way?
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Marvell1
Legendary
Offline
Activity: 2562
Merit: 1136
Leading Crypto Sports Betting & Casino Platform
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July 23, 2014, 04:16:04 PM |
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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
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daeminium
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July 23, 2014, 04:17:35 PM |
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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
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Cptdeathlok
Newbie
Offline
Activity: 1
Merit: 0
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July 23, 2014, 04:18:13 PM |
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Selling 1 Elitecoin .1btc you go first
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sushipooo
Member
Offline
Activity: 84
Merit: 10
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July 23, 2014, 04:19:58 PM |
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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.
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ocminer
Legendary
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Activity: 2688
Merit: 1240
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July 23, 2014, 04:21:45 PM |
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This is one of the funniest threads for long time. - People are complaining mining this coin costs more than the coin is worthWell 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 againWait .. 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
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