In a way this drop in price is in the design of Earthcoin. Look at the block rewards, it's still increasing every day. In a few days we're at the max of 12,000EAC per block. Then the block reward will go down to 8,000EAC in the coming 6 months. That's a decrease of around 33%. So currently the inflation of Earthcoin is the highest it will ever be.
no. today it is the lowest of any future point in time.
it adds up every day. just because in 5 months it adds less than it adds tomorrow, does not mean inflation then is not already well over 250%
I know this is tricky... but fallacies like this drove the current eac design...
and fallacies like this prevent people seeing the fundamental problem alts face.
eac can not increase its rate of adoption enough to compensate POW inflation.
once it sinks low enough, acceptance will diminish, not increase.
the devs assume for some reason that acceptance of the coin will increase at the same rate the wallets are printing earthcoins.
POS would give eac a break and allow the rate of adoption catch up to the eac supply.
but since the devs seem very resistant to suggestions even, let alone criticism, however valid, nothing will happen.
cause if nothing happens, 'earthcoin' (the guy) has never to admit to himself that he was wrong.
he'd rather lose all his money, have his premine become worthless than admit that he has misjudged something and the suggestions of some arrogant and condescending ass in the thread (hint: me) might save his bacon from oblivion.