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

[silverduck]

Dev bailed on us.

He will probably make another coin with less PoW. I was clearly right here, and large miners own most all of the coins.


It is terrible to see you fools in denial about the PoW. The longer it goes, the farther it dumps. The likely case is that the dev and all his buddies rented out the big miners for release and dumped on you idiotards.

If that is the case it was new and clever.

And if true I will have lost a couple hundred bux, lesson learned.

he seems to be online actually, so nope hopefully he can answer some questions here

[EliteCoin]

what is the plans for the coin, sure 20k pow, 50k total but what is devs plans for the coin, cus if no plans no developement no real value dosent matter if there is 20k or 20 total if there is no plans or developement there is no value

You can read all the updates through the pages. Also, we've been telling since day 1, that everybody can suggest features and we will implement them.

AnonoymousEconomist, I will keep deleting your posts. You're only trolling. We're still here. And what can we do if someone decides to dump? We can't control that.

Now that some miners decided to dump, it's a good time to buy. The price WILL rise. This happens with all the coins.

[bit1]

UPDATES! First shop accepting ELITE this 1st of August.,

I think that dev is looking for a lot of shops more, just now......


it is good,you don´t need anon to buy normal things

[bit1]

we was waiting for a Chinesse pump but it dont happened............

[CryptoTV]

The bots feed off what the people are doing.  If you want the price to move up, you have to either bite into the sell order or take down YOUR sell orders.  Just chill and hold.  The bots always wins because it knows how to scare weak hands.

[BoyHowdy]

The bots feed off what the people are doing.  If you want the price to move up, you have to either bite into the sell order or take down YOUR sell orders.  Just chill and hold.  The bots always wins because it knows how to scare weak hands.

You mean I should take down my sell for .099999999?

lol

[mikelitoris]

 20k. . . as i said yesterday, some people are really going to lose alot of BTC with this one

[EliteCoin]

@bit1
You know, if a lot of people request anon. transactions, we will work on this ASAP.
But people seems to believe that a feature like that will rise the price of a coin, when actually the only thing that could rise the price, depends on the things you can do with that coin (that's what we believe). And that's why we are focused in getting some online stores to accept Elite. And the 1st of August the first one will be up.

--

Also, about the POW phase, 2 weeks is not a long time. If everybody got used to coins with pow phases of 24~72 hours, it's not our problem. And those kind of coins die in 2 days.

It's been only 3 days, and anything could happen. But we're still here answering all questions, and we're active.
About the dump, NO ONE can control that! People will eventually dump a lot of coins for cheap. Now that the price is stable again, the only way to rise it is holding the coins or buying a big volume at a higher price.

We'll be also buying our own coins, since we started mining like everybody else, yesterday.

[macorcina]

Date    Buy/Sell    Bid/Ask    Total Units (ELITE)    Total Cost (BTC)
07/25/2014 02:52:11 AM    
SELL    0.01719996    0.10852057    0.00186654 07/25/2014 02:48:39 AM    
SELL    0.01719996    0.07254715    0.00124780 07/25/2014 02:47:56 AM    
SELL    0.01719996    0.92705879    0.01594537 07/25/2014 02:47:07 AM    
SELL    0.01719996    2.39078091    0.04112133 07/25/2014 02:47:07 AM    
SELL    0.01720000    2.60917908    0.04487788 07/25/2014 02:46:58 AM    
SELL    0.01720002    0.01711011    0.00029429 07/25/2014 02:46:58 AM    
SELL    0.01720002    0.02036258    0.00035023 07/25/2014 02:45:07 AM    
SELL    0.01720002    1.00000001    0.01720002 07/25/2014 02:42:48 AM    
SELL    0.01720002    1.00156538    0.01722694 07/25/2014 02:41:07 AM    
SELL    0.01720002    0.97807203    0.01682285

what is best buy price ? any suggestions ?

Date    Buy/Sell    Bid/Ask    Total Units (ELITE)    Total Cost (BTC)

SELL    0.00690000    0.06263904    0.00043220    07/25/2014 08:06:01 PM   
SELL    0.00685082    0.99999000    0.00685075    07/25/2014 08:05:32 PM   
SELL    0.00685082    0.38236423    0.00261950    07/25/2014 08:04:01 PM   
SELL    0.00685112    0.99999050    0.00685105     07/25/2014 08:04:01 PM   
SELL    0.00685112    3.67507768    0.02517839

what is best buy price ? any suggestions ?

[mikelitoris]

Between 0.0002 & 0.0005 be patient

[EBK1000]

Between 0.0002 & 0.0005 be patient

Why would it drop that low, you could buy all 20000 for a penny. Why would anyone want sell for that price?

[chesthing]

@bit1
You know, if a lot of people request anon. transactions, we will work on this ASAP.
But people seems to believe that a feature like that will rise the price of a coin, when actually the only thing that could rise the price, depends on the things you can do with that coin (that's what we believe). And that's why we are focused in getting some online stores to accept Elite. And the 1st of August the first one will be up.

--

Also, about the POW phase, 2 weeks is not a long time. If everybody got used to coins with pow phases of 24~72 hours, it's not our problem. And those kind of coins die in 2 days.

It's been only 3 days, and anything could happen. But we're still here answering all questions, and we're active.
About the dump, NO ONE can control that! People will eventually dump a lot of coins for cheap. Now that the price is stable again, the only way to rise it is holding the coins or buying a big volume at a higher price.

We'll be also buying our own coins, since we started mining like everybody else, yesterday.

With all due respect. Use as a currency is what Bitcoin offers. Altcoins for the most part are trade vehicles used to gain bitcoin, that's it - that's all they are good for. What gives value to an altcoin are innovations like anonymity, if they have nothing like this to offer they aren't going to appeal to traders.

[bit1]

@bit1
You know, if a lot of people request anon. transactions, we will work on this ASAP.
But people seems to believe that a feature like that will rise the price of a coin, when actually the only thing that could rise the price, depends on the things you can do with that coin (that's what we believe). And that's why we are focused in getting some online stores to accept Elite. And the 1st of August the first one will be up.

--

Also, about the POW phase, 2 weeks is not a long time. If everybody got used to coins with pow phases of 24~72 hours, it's not our problem. And those kind of coins die in 2 days.

It's been only 3 days, and anything could happen. But we're still here answering all questions, and we're active.
About the dump, NO ONE can control that! People will eventually dump a lot of coins for cheap. Now that the price is stable again, the only way to rise it is holding the coins or buying a big volume at a higher price.

We'll be also buying our own coins, since we started mining like everybody else, yesterday.

Dev well done,I think that many or all altcoins are dumped to ridiculous prices but to final somebody buy them to hold it, sellers think that they will buy to same value, but I don`t think so, for this reason I dont feel panic when value drop a lot, for example many peoples laugh of dogecoin but
in some years same peoples can cry......by the way I need some dogecoins too   nobody knows...... , only sure of dont dissapear if it don´t give value waited in short time,and if you someday decided left project leave it in other good hands, but sincerely I hope that you continue always with Elite.

[CryptoFlipper]

Between 0.0002 & 0.0005 be patient

Lol you'll never get elite for that cheap.   Floor has been found at .0068 on bittrex, we rise now

[mikelitoris]

well, ima keep waiting 

[joe.sixer]

@bit1
You know, if a lot of people request anon. transactions, we will work on this ASAP.
But people seems to believe that a feature like that will rise the price of a coin, when actually the only thing that could rise the price, depends on the things you can do with that coin (that's what we believe). And that's why we are focused in getting some online stores to accept Elite. And the 1st of August the first one will be up.

--

Also, about the POW phase, 2 weeks is not a long time. If everybody got used to coins with pow phases of 24~72 hours, it's not our problem. And those kind of coins die in 2 days.

It's been only 3 days, and anything could happen. But we're still here answering all questions, and we're active.
About the dump, NO ONE can control that! People will eventually dump a lot of coins for cheap. Now that the price is stable again, the only way to rise it is holding the coins or buying a big volume at a higher price.

We'll be also buying our own coins, since we started mining like everybody else, yesterday.

The OP states you'd be working on anon in the first week... are you saying that you're not already doing that?

[Dimitry]

First shop accepting ELITE this 1st of August.
Read this post and give us your opinion

Oreally can we have a link? Where is this shop located? more information would be nice!

from the OP

We want EliteCoin to be valuable. We are looking for shops who wants to accept EliteCoin for services or products. We are willing to invest our own money. Please, contact us.
We will be also working hard this week, to implement anon. transactions as soon as possible.

so OP was the 20th now its 25, 2 more days before implementation of anon cant hardly wait!

Don't let us down on this one developer! We could really need some good news!

[bit1]

@bit1
You know, if a lot of people request anon. transactions, we will work on this ASAP.
But people seems to believe that a feature like that will rise the price of a coin, when actually the only thing that could rise the price, depends on the things you can do with that coin (that's what we believe). And that's why we are focused in getting some online stores to accept Elite. And the 1st of August the first one will be up.

--

Also, about the POW phase, 2 weeks is not a long time. If everybody got used to coins with pow phases of 24~72 hours, it's not our problem. And those kind of coins die in 2 days.

It's been only 3 days, and anything could happen. But we're still here answering all questions, and we're active.
About the dump, NO ONE can control that! People will eventually dump a lot of coins for cheap. Now that the price is stable again, the only way to rise it is holding the coins or buying a big volume at a higher price.

We'll be also buying our own coins, since we started mining like everybody else, yesterday.

The OP states you'd be working on anon in the first week... are you saying that you're not already doing that?

Dev can do anon when community need it,  now it is not neccesary, first are needed shops and value, after anon.......  anon dont give you a coin of 1 btc or yes?

[joe.sixer]

@bit1
You know, if a lot of people request anon. transactions, we will work on this ASAP.
But people seems to believe that a feature like that will rise the price of a coin, when actually the only thing that could rise the price, depends on the things you can do with that coin (that's what we believe). And that's why we are focused in getting some online stores to accept Elite. And the 1st of August the first one will be up.

--

Also, about the POW phase, 2 weeks is not a long time. If everybody got used to coins with pow phases of 24~72 hours, it's not our problem. And those kind of coins die in 2 days.

It's been only 3 days, and anything could happen. But we're still here answering all questions, and we're active.
About the dump, NO ONE can control that! People will eventually dump a lot of coins for cheap. Now that the price is stable again, the only way to rise it is holding the coins or buying a big volume at a higher price.

We'll be also buying our own coins, since we started mining like everybody else, yesterday.

The OP states you'd be working on anon in the first week... are you saying that you're not already doing that?

Dev can do anon when community need it,  now it is not neccesary, first are needed shops and value, after anon.......  anon dont give you a coin of 1 btc or yes?

What I'm looking for is consistency in what the dev says and what the dev does. Need to establish credibility with actions. OP states in first week. Why say that if it's not going to happen?

[Youghoor]

Chinese pump will happen just need to bit a bit more.