Ninjastic
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Board Announcements (Altcoins)
Re: [ANN][EMO] EmotiCoin - UPDATE WALLETS AS SOON AS POSSIBLE !!!
by
kreibich
on 23/03/2014, 14:55:53 UTC
Quote from: Tenemo on March 23, 2014, 01:09:21 PM
Quote from: chang26k on March 23, 2014, 12:35:56 PM
Quote from: kreibich on March 23, 2014, 12:00:49 PM
Anyone has some idea how to push the price of EmotiCoin up other than just pump? Some new services, promos etc... We have to hit 40 litoshi, so we can hit BTC market. People who sells EmotiCoin for 5 litoshi are complete idiots, because it's under the price of mining even if the diff was only 3.

Any ideas?

Supply and demand.  Lower the supply.  1,000,000 coins per block?  I mean come on. EMO is a bad buy in BTC.  There is not enough BTC to support EMO.... so lower the EMO supply.  How about make it 30,000 coins per block so the value will go up?  All those that were getting 1 mil, GJ, now do something to the coin and make the payout very low.

Halve the coin ASAP and do it again.  Change the program to make it do something else.  Get Ebay to accept your coin. Smiley  Start a buy back program and pay in a different coin.  This will promote people to mine or buy and sell.

Here is a good coin for the buy back program.  I will buy back 1,000,000,000,000 EMO coins and pay you in HMO coins.  Payout is 500,000 EMO for 100 HMO coins.

Or, you can buy up all the cheap coins in LTC.  Buy 1000 LTC and buy all coins lower then 0.00000020 LTC

Mass buying would only make 2x more people dump the coins asap and the price would plummet down. EMO needs more "press", time to convince people it's not another scamcoin aimed at getting pumped and dev dumping all his premined supply. I'd agree with any ideas about lowering the block reward, that just can't hurt, however, it's not obligatory imo. And people selling under 10+ litoshi must be really mad, because that's indeed lower than the mining value. Except for those who bought cheaper, of course.

As I said before - I cannot hardfork it again to reduce the block reward... I've already lowered the final emission and block halving is coming in 9 days. That is not the problem. The main problem is that we probably don't have too much services connected to the coin, so I'm going to create and buy some (Gambling etc.).
I've bought and mined a lot of EMOs and I'm not dumping them... I will just slowly sell some when the price goes to 2 satoshi (aprox. 70 litoshi). I'm not dumping the coin under any circumstances.