Post
Topic
Board Announcements (Altcoins)
Re: [2014 FLAGSHIP ALT] *EarthCoin* EAC +1 Community, +1 Exec Team, +1 Best Talent
by
laura@@
on 20/01/2014, 23:23:24 UTC
Coinbase is offline right now. When is 5x day? If miners want to be shortsighted and dump eac, I'm going to buy up as much as I can on the way down.
9 hours

Be honest , i think EAC has a fatal design problem . If miners decide to sell slowly , EAC will never recover in price. and investor will leave.  Miners will drain the last cent of money from EAC. and then move to next coin.

After EAC become popular , this wont be a issue, since more minor will mine EAC on 5x day. But , 5x may kill EAC in early stage and never have a chance to grow up.

I dont know if Dev could cancel 5x day at this moment . For me , 5x payout day is like a game for miners. but not serious for investors.  I cant imagine how EAC will become a currency with such feature ( born to be unstable in value, even worse than btc) . and expected to drop/increase value every 2 weeks.