Quote from: riffraffselbow on January 02, 2014, 10:03:16 AM

Quote from: Xtrata on January 02, 2014, 09:58:03 AM

EAC really needs to get up on Cryptsy otherwise it will just get lower and lower in value and people lose interest in the coin.

This new "beta" exchange might take weeks/months before it even is live and working + its not even a known site so even if people would be able to trade EAC/USD it will take long before anything will happen.

I'm not 100% sure. If they get the exchange working and working well in the next week or two, and it's actually decent, it could cause HUGE jump in EAC's valuation because converting in and out of crypto is such a shitty, sketchy, difficult task.

This. I also think that advo has a lot to do with it, and I mean Real World advo, not just the "interested" parties in these fora. The devs claim they got some money behind this, and it does appear to be true. Once they get the infrastructure in place and the legal hurdles jumped, a LARGE advertising budget would be a wise choice.

I also think they ought to either do their own take on a payment processor, or approach Bitpay. Getting USD or other traditional fiat monies to vendors via a coin payment processor is a very good way to both promote the brand and cryptocurrency in general. In fact, I think the ease of payment/exchange problem is the biggest hurdle for cryto that currently exists. Plus, the fast confirmation vs. Bitcoin could position EAC ahead of BTC for small purchases very easily.

I'm running on fumes, so I'll cut this short for now, except to say that so far I am impressed with this coin.