Why should I use EAC when I can use innovative coins like Blackcoin or Darkcoin?
EAC is far ahead of those coins in terms of usability and adoption, so far.
hm I don't know. the market cap decreases steady 5% now every day for 50 days. Per coin the decrease is even more. So time to buy? ^^
the main advantage of eac is not really adoption, but spread of the currency.
What do you mean by that?this however is threatened by the low price. people might just cut their losses and sell, thus leading to a concentration of eac into few hands.
not everyone can afford, or wants to deal with a low value coin in his portfolio.
I did. Have sold my last EAC yesterday...
imagine you, your wife and your girlfriend have a 100% of a currency. how valuable is it? not very. cause no one else has it.
now imagine everyone in your whole town has this currency and you, your wife and your gf have a 2% stake of the currency.
the more spread out it is, the better.
with adoption I assumed he meant shops/merchants. of course spread is part of that. but eac could thrive even without any merchants, as long as people expect that tomorrow a merchant will start accepting it and thus accept it among themselves for trivial things like tips or micropayments.
that is what happened to bitcoin.