I am an early miner of earthcoin and have been mining it on and off. I followed some recent posts of the thread, and found it really strange that so many people are picking on the original dev and the premine. What is the problem here? John created the coin so it is there today and we all be happy with it. And he took less than 1/4 of the premine, isn't that normal? Isn't that reasonable for his hard work and maintenance of the code to this point (i think there are a few releases since the launch)? also, premine is a small portion as compare to the total coins generated. Why not you mine coins for yourself and calculate if YOU will be profitable from this coin? I mined EAC because it is profitable for me as compare if I mine BTC directly, I mined other coins like MINT/DOGE/LY7 based on the same rules. I don't really care how much devs took, as long as it's reasonable and they can lead the community to a good future. Look at DOGE/CAT/AUR/MINT/VERT etc, I am sure devs profit a lot (premine/instamine), but does it matter?
What I don't like is the negative energies here. Even the posts from "earthcoin" have a negative tone toward John. What's wrong with him to take his part of the premine, given all his contributions to the coin? Grow up guys, earthcoin is way under value now, and the dev team is to lead the community towards a bright future, not spread negative energies. Does it matter whether John dump or not his shares? It's his personal decisions. I've been buying EAC at this price level. Earthcoin already have a lot more infras created than most other coins, and its market cap ranking should be at least at 20s, instead of 80s or 90s. And please no more negative energies.
Comment as a true statesman. I have requested the same of the undertones of the speak. I can not stop some fellas from their incessant attacks, you can change an idea but not a belief they say. And there are some, through their fantasy and entertainment, find it valuable for the community to have the choice to join their fantasy and entertainment. Unfortunately some of them can speak in full sentences and it has an ability to captivate an audience through the merit of the speak but when looking from above in a realistic manner, you hit the nail on the head with respect to what is going on here. It is ALL positive from my perspective. 20 people working behind the scenes feverishly with ALL kinds of directions and content and not just brainstormig - actual calls to action in a bunch of directions.
This level of coordinated drive could have never occurred at the beginning. It required more than three people and the learning curve was steep and unforgiving haha. I have to say I am re-inspired. The attacks can be draining and it did cause considerable decrease in morale and effort put forth. That the coin has survived all this attack and has grown in its leadership 10x is a testament to its appeal. It will definitely have a future and I personally see it climbing the ranks again. I do think a resting state for EAC as determined by USD value creation is around 200 satoshi. That is obviously my personal opinion...