I think people need to be reminded of a simple fact:
go to coinex, scroll back as far as you can. the earliest day you can see a price:
you'll find EAC with the label "open" at 250 satoshi.
yes, it was 250 satoshi back then.
now we are at 277...
now take a look at basically every other new coin. some lost 93% of their value, like moon.
how about people see the big picture, recognize that doige has lost constantly every day, while we are still at starting levels.
yes, we were at 900 too, but we did not crash far far below starting price as doge did and all the other trash coins
what do you expect? several hundred % in a week?
right now prices are hilariously cheap, yet no indication that EAC has tanked or is on the way out. on the contrary. EAC has been the most stable coin out there, despite BTC spike and tons of competition
BTW, DOGE startpoint was 23 santoshi. ;-)
I have mined eac since it first launched and it has done nothing but go down since the day it appeared on Coinedup. I think a lot of people are dumping this coin because it never gets listed on cryptsy when a lot of newer coins already are. I also hate to mine for days and days without knowing if it is all in vain. If it doesn't hit Cryptsy soon I am also going to dump all of mine at whatever price because it looks like all it ever does is go dowwwwwnnnnn. It started out on Coinedup at 800 now we are down to 200.