Re: [ANN - NEW COIN JUST LAUNCHED] *EarthCoin* Is Here To Make A Splash For 2014!
For those supporting the coin:
If you bought 10,000 EAC at 400 and you now buy another 10,000 at 200 your position to 'break even' falls from 400 to 300 iyswim? So now in order to make a profit the coin would need to go above 300, not 400.
It is a common strategy to buy in intervals as a coin heads down bring down your 'break even' point and also the point at which you make profit too.
If you bought 10,000 EAC at 400 and you now buy another 10,000 at 200 your position to 'break even' falls from 400 to 300 iyswim? So now in order to make a profit the coin would need to go above 300, not 400.
It is a common strategy to buy in intervals as a coin heads down bring down your 'break even' point and also the point at which you make profit too.
That strategy only works if the price rises up to meet your break even point at some time, otherwise you are just investing more money you will never get back. Foolish strategy in this case. That is an excellent way to lose everything . So you buy 10k at 400, then another 10k at 200, now your breakeven is 300. But now the coin is at 150, now do you buy a shitload more to try to catch the break-even bus? How far do you go with that strategy, will there ever come a time when it is better to abandon that method and liquidate, and try to recover something at least?
Why is everyone in this thread still feeding the troll? How does anyone here not know that one of the top ten rules of internet forums is "don't feed the troll". This person is 100% likely to be a paid shill for another coin. It's a common occurrence and I've even gotten a few to trip themselves up on their own bullshit and reveal themselves in the process. This clearly isn't going to happen with this one. Makes me believe that someone considers this coin a threat if they've put one of their best trolls on the job.
Regardless, this individual is hungry for your tears. I can guarantee they never even owned a substantial amount of EAC. All that talk about 1.2m EAC? Bullshit. All that talk about steaks and carrots? Bullshit. This person is clearly only here to tear down this forum, and has no actual grudge against any of you. They're just doing what they're paid to do. There are hundreds of people like this that go around all day, flame up forums and then sit back and watch shit burn down, while getting paid in another coin/fiat at the end of the week. I know this for a fact people. Do not listen to the bullshit spewing from this person's fingers. Stop feeding the troll. You've made it so fat already.
Does anyone here think that it looks great for a 2 week old coin to have the dev account post a poorly written counter argument (sry Earthcoin, but your last post was so riddled w/ grammar errors that I felt embarrassed enough to post on this forum finally)? Let alone most of the other prominent posters on the forum? Stop feeding the troll. Every time this person posts from now on, they must be labeled as a troll and ignored as a troll. Otherwise you will end up with another 50 pages of people being trolled to death.
Right now you're feeding this person your coin's future as well your tears and you people just keep giving so willingly. I don't know how I can convince you of this, but you all need to believe me when I say this is a paid shill that will never be on your side. Their arguments are so illogical and full of disinformation it's actually hilarious. How far do you think this coin is going to make it if its main forum falls to one adept troll?
If you actually believe someone's been mining since 2010 and "just now" happened to create an account here just to troll your thread, then you're all much more gullible than I have ever seen. Bullshit. Nobody mines for two years and makes an account "just now" to tear down a coin they "thought" was a good idea to mine. Get on the level people.
There's a whole lot of dumping going on right now . . but without some announced serious backing from investors or well known brands or companies what did you think was going to happen? You can work on these problems without feeding trolls.
Anyways . . listen to me or don't. At least I've said what so many have failed to realize. If you all continue to feed this person, I will also be tempted to dump. It's not a fake 1.2 million though. It's just 120k or so. I'd like to think that this coin losing a regular-tier miner would be a sign of bad things to come though.
Don't go all haterish on me just because I early on thought it was a good coin. WHO ATTACKED WHO FIRST YOU MORON?
? I only talked about price and was attacked by a bunch of foul mouthed brain dead halfwits!!!! AND WHAT THE HELL DOES( 100% LIKELY) MEAN?
? if it is 100% then it is not likely, it is a fact, if it is likely then it is not 100%, your an idiot. I wish I was a paid shill for some coin, then I would at least have guaranteed income from a coin. What coin have I promoted in this thread, NONE! I have no idea what coin will make it big. If I did I would be mining that one, think about it $$#@head! Cal me a troll if that makes you feel good, what are you? I became a troll AFTER eac's frothing at the mouth green earther tree huggers attacked me. Hold, sell, mine, I don't care what you do, I can barely make up my mind what coin to mine next, profit is down on all of them, who knows, I do know which coins to not mine though. I could care less if you think I have mined starting in 2010 or not, your a nothing, it matters not one way or the other. I also don't care if you don't believe I just ssigned up for an account 6 days ago, who cares, your a pile of human dna who does not matter in the slightest, what your few slimy gray brain cells think is on no importance, just like what I say is of no importance. It must be to you because you ranted about me for hald a page though, thanks for caring about what I say , you tool.