Quote from: Elendariel on February 22, 2014, 02:07:45 PM

Haha, people are so mad with the price crash Cheesy

I see this as an opportunity to buy more whilst the price is still so low. Earthazaar is a nice project but the incryptex exchange is what will make earthcoin price soar if it is as promised. Anyway, earthcoin at @60 satoshi is so cheap!

What makes you think incryptex will effect the price so much exactly?

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Well, this has all been a very interesting read.

To begin, slyA, I get it. EAC's value has fallen dramatically, very scary. And I'm sure that you (along with a few others) are absolutely convinced that the Earthcoin Team disclosing where the premine went would quell your fears. But would it? Everyone wants their hand held when times get tough, to know someone is still there for them. But here's the thing, no matter what happened to the premine, no one is going to be satisfied with the answer. I've been here since day 3, and every single person who's brought up the premine has gone on a rant like you have, but for different reasons. Everyone is a critic, and they're just waiting for an explanation so that they can criticize the team. Three likely scenarios and naysayer responses:

   They dumped - Everyone abandon ship, they no longer have a vested interest in the coin. Most common argument in the thread. Maybe, but this argument is nullified when you consider that there are coins with NO premine that have active devs. This argument is predicated on the previous behavior of the devs of shady coins, and people love to come in here and state that this one is no different.
   They're still in possession of a large portion of the premine - what are you doing, go promote and give bounties and stuff! That's probably what they're doing if this is the case, but the caution they're exercising would be ignored, and emphasis would be placed on the fact that they're still holding on to it rather than what they're doing with it. Seen this a million times in this thread.
   They've given away most of the premine for bounties and development efforts - Insert criticism on how they wasted it here. All of a sudden, the thread becomes full of rants an criticisms about the devs incompetence, etc.

I've been here from the start, and all of the above arguments have come and gone. The reality is, I can see why the Earthcoin Team chose not to be transparent about the day to day use of the premine, I'd opt to do the EXACT same thing that they've done. The harsh reality is, no one in this thread gives a damn what they're doing when EAC is doing good in the market and they're making money. These rants only happen when the coin loses value or remains stable for extended periods of time, thoughts run wild and people need to rein it in a bit.

Also, one more thing. slyA, I've been here since day 3. I've never seen you before. EAC's value dropped, and you've come out of nowhere to preach about the apocalypse. The only thing that's come out of you in the past couple of pages has been hypocritical, inflammatory, and deflationary. And every time you've finished a tirade, you subtly drop a hint here and there: Darkcoin. Sounds to me like you might be playing the fear monger to poach EAC investors. After all, why even mention Darkcoin? That alone takes the legitimacy out of your argument, not to mention the constant assault on the team and all of its defenders. You don't actually care about the development efforts, I've noted your lack of commentary on the new wallet and the early website release to try and answer for what the devs have been doing. I'd dare to wager that you have an agenda here.

I don't know why everybody just comes blindly to the defense of EAC, why doesn't anybody else have concerns about the things mentioned? I've never personally said this coins is dead, even if it hit 1 satoshi and the devs ran off, even if the pre-mine was gone, well i'd probably be happier if it was gone at least then at least when the price rose i wouldnt be thinking how long before it gets dumped down into the ground again but the coin would still live on. It would just be nice if it was all in 1 wallet somewhere we could all see it etc. bounties and a ledger on the main page of this thread etc. Is that really too much to ask for?

It would be nice if we knew who the official devs were seriously, an offical list of devs and an list of comunity devs because i know some people have been doing some great work on EAC but i dont think any of them are "offical" devs right? is there only 2 devs, are there more? There should be an official list somewhere. Oh thats right they cant give us their real names etc. because the government will be after them, i mean whoever made that comment its just ridiculous and if true then the very public profiles of the bitcoin foundation team would put them in jeperdy. The simple fact is that if the bitcoin devs were anonymous then bitcoin wouldnt have the investor confidence it does now, although its shaken at the minute, without their very public support in this current crisis bitcoin would be doomed. People can barely stand not knowing who satoshi nakamoto is and his 110,000 btc wallet thats never been touched.

DarkCoin is a forked Quark, lots of hashing algo's, ASIC resistant, CPU mine only etc. etc. i believe, less coins than Quarks too whoever asked. I dont have any but did look a few weeks ago.

As for forking, I'm not exactly convinced of the anonymous nature of things like the Zerocoin proposal, this is because governments will hate it and will try to ban it from retailers use, so forking to an annon scrypt is probably not a good idea for EAC, although it is very cool concept and will be heavy adopted by the drug industry and money launderers when its launched in may im sure. It maybe a good idea to fork to a VTC type algo in the future for ASIC resistance, still not sure if they are going to be good or bad, bad for the little guy im sure. It does mean EAC is going down the route of a centralized currency like BTC is, with expensive ASIC server farms etc.

These last few days have been frustrating as hell, i feel like banging my head against a brick wall. Well done to the people who've done things for this coin you should be rewarded for your work. The guy who was promoting EAC for the Chinese investors should be thanked too, i dont know thats bull or not but china is where the money is at these days so we need a trusted Chinese liaison for this coin. The devs need to delegate community liaison us too, every so often this thread just goes completely dead it doesnt inspire confidence, not when the first 400 pages of this thread were pretty much within the first month after launch