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Author Topic: [ANN][ELITE] EliteCoin - Only 20k ELC! - NO PREMINE! X11 POW+POS - *BITTREX!*  (Read 80351 times)
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gigabyted
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July 23, 2014, 04:25:27 PM
 #481

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 Smiley

loool

Amen, stick with the original plan, dont change the rule of the game once it's started.  let early adopters be what they are, if they mined at first at a very high cost and now the rental price is declining, then its their problem to deal with.  You must think and act in consequence.   If you made bad decisions learn to live with them!
magrospic
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July 23, 2014, 04:26:59 PM
 #482

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.

+1
ocminer
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July 23, 2014, 04:27:34 PM
 #483

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 Smiley

loool

Amen, stick with the original plan, dont change the rule of the game once it's started.  let early adopters be what they are, if they mined at first at a very high cost and now the rental price is declining, then its their problem to deal with.  You must think and act in consequence.   If you made bad decisions learn to live with them!

+1

Thats life..

This was a X11 coin, it was doomed for people with "money to rent lots of hash" right from the start..

If you want something to mine, look for Fresh, Qubit, X15 (partly) or Whirlpool.

suprnova pools - reliable mining pools - #suprnova on freenet
https://www.suprnova.cc - FOLLOW us @ Twitter ! twitter.com/SuprnovaPools
KeyserSozeMC
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I'm dying.


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July 23, 2014, 04:27:54 PM
 #484

Wts 9.175882 ELITE. ( minus sending fees )

BTC0.4, PM if interested.

Thanks.

Hey, smexy. Don't waste your time. Time's precious.
Rage19420
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July 23, 2014, 04:29:15 PM
 #485

Wtf did people think was gonna happen? Remember sync launch? Low coin count, high diff. That's the way it goes ffs. Keep with the original plan.
mikesrevenge
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July 23, 2014, 04:33:52 PM
 #486

Another day, another scam coin.


Who will profit from this?  The pools, exchanges, and scam devs.


No end in site either.  Guess I'm done with new altcoins until something changes.
bitdigger2013
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July 23, 2014, 04:35:51 PM
 #487

spread the hash and send some miners over to www.GameOfCoins.net
darkowenter
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July 23, 2014, 04:42:36 PM
 #488

scam coin because they didn't hit bittrex yet ? rotfl, dev is still active...
dragonmike
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July 23, 2014, 04:50:55 PM
 #489

If you want something to mine, look for Fresh, Qubit, X15 (partly) or Whirlpool.
I swear I saw a FRSH profitability calculator around but can't find it anymore. Any idea where it is?
sushipooo
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July 23, 2014, 04:53:34 PM
 #490

lol so much FUD right from the get go (less than 24h in).  Alright devs, bring out the troll beatin' sticks.  You better have something good.

Cannabis Coin CANN - Smoke a <////////////>~ and start thinking positive. Join the movement ---> https://bitcointalk.org/index.php?topic=661885.0
whatdidshedo
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July 23, 2014, 04:57:51 PM
 #491

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 Smiley

loool

Amen, stick with the original plan, dont change the rule of the game once it's started.  let early adopters be what they are, if they mined at first at a very high cost and now the rental price is declining, then its their problem to deal with.  You must think and act in consequence.   If you made bad decisions learn to live with them!

+1

Thats life..

This was a X11 coin, it was doomed for people with "money to rent lots of hash" right from the start..

If you want something to mine, look for Fresh, Qubit, X15 (partly) or Whirlpool.

i rent/mine new shitcoins all the time and on a lot of them i lose initial investement, that's the way it supposed to be and  not a sure win for miners, keep the original plan , guys that rented and want blocks cut want to dump anyway, they don't care about long term ..it's just damage control

BoyHowdy
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July 23, 2014, 04:59:41 PM
 #492

lol so much FUD right from the get go (less than 24h in).  Alright devs, bring out the troll beatin' sticks.  You better have something good.

+1 serious

Dev is going to need to be Buford Pusser with a Walking Tall stick.
hardroad
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July 23, 2014, 05:00:08 PM
 #493

This



OR this





Huh

KeyserSozeMC
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I'm dying.


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July 23, 2014, 05:08:10 PM
 #494

https://bitcointalk.org/index.php?topic=707223.msg7989435#msg7989435

Voted about PoW cutoff. I guess most people who've been renting jiggahashes will agree, partly.

Hey, smexy. Don't waste your time. Time's precious.
whatdidshedo
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July 23, 2014, 05:16:09 PM
 #495

cut off supply and the word will spread and nobody with half a brain will buy this coin(so around 67% will buy  Grin )

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July 23, 2014, 05:17:08 PM
 #496

Lol most retarded community ever... Everyone involved in elite want more coins... So less value. Watch the difficulty drop, and thus popularity. I'll be dumping this hard on you guys =D can't wait to feast on those tears

Add me on Twitter! @AnonOnAMoose
whatdidshedo
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July 23, 2014, 05:21:01 PM
 #497

Lol most retarded community ever... Everyone involved in elite want more coins... So less value. Watch the difficulty drop, and thus popularity. I'll be dumping this hard on you guys =D can't wait to feast on those tears

so you rent and coin needs to adjust for you to make money, renting is a gamble just like trading and people should learn the hard way.if coins were adjusted to make miners profit who the fuck would buy those coins?

wadili89
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July 23, 2014, 05:25:49 PM
 #498

in this crypto world, miners should not always fuck up buyers and they should learn to make loss like this time. thank you elite bye bye miners. you always fuck up buyer investors but this time not!!!! wtb 1 elite for 1 satoshi. ahahahah

Haggisahh
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July 23, 2014, 05:29:18 PM
 #499

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.

Lol most retarded community ever... Everyone involved in elite want more coins... So less value. Watch the difficulty drop, and thus popularity. I'll be dumping this hard on you guys =D can't wait to feast on those tears

I'm sure your 3 coin dump will leave the economy in shambles bro.
EliteCoin (OP)
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July 23, 2014, 05:30:37 PM
 #500

@hardroad Really nice!! The first one is GREAT! Cheesy

@AnonymousEconomist STOP INSULTING.

I think I will start deleting some posts. Everyone complains about EVERYTHING.
It's really simple. We want to hear the community, and make a good coin. Of course it's impossible to make everyone happy. But we care about your opinion.

From now on, I will delete any post that insult us or any other member.

Keep tweeting Bittrex! Cheesy
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