Post
Topic
Board Announcements (Altcoins)
Re: EBT
by
spartak_t
on 31/10/2014, 06:40:09 UTC
If the dev can be gotten ahold of and will turn over the domain ebt-coin.com to the group I have a friend with a hosting company that can set up a site for the relaunch.

do you really need the old domain?  Just create a new one. perhaps with .org

Could, they're cheap enough, but still, if you're keeping up with EBT then there would be 2 sites for people who've never heard of bitcoin talk to get confused by.  Plus whoever currently owns ebt-coin.com, it won't expire until 2016-01-27

Personally, I don't think saving the coin as it exists is possible.  We'd need to create a new coin code/wallet and there are too many of them out there already.  Then there's the whole branding issue and EBT has already put a bad taste in a lot of peoples mouths.  

Talking about community takeover, look at quarkbar.  They're having very slow growth after the community takeover because of the original dev's scam.  They're doing a great job with it, but it's difficult.

Personally I'm just done with EBT and sticking with bitquark as my alt of choice that's not one of the big 3's.


EMC2 is going though the same experience, we are turning a major corner in the coming days.   We are creating a publication that, in part, will provide information to coins in CC rehabilitation preparing for redevelopment.   

Although what you said is true -- that it is not practical to revive EBT, IMO if a coin has a true purpose, not for scamming, and not just for getting to an exchange, but actually for real use as currency it should be saved / redeveloped.


You're right, but for that you need investors (whales) and A LOT of patience. After that your chances for success are like 3-5%, because nowadays most of the whales are into coins which gives them 50-150% profit (for example) in a matter of hours. To be dedicated to one project is not enough. Look at SFR for example. Dedicated team, a lot of features, good ideas about coin's future, but.... look at the price. I am huge investor there though, because I believe in it's future. Now compare SFR with coins like CANN. Coin with x5 more supply which reached x3-x4 times the highest price of SFR. And for what? Of course that it was pump and dump coin, but whales did their profit and just move to another one.

P.S. Armis, I am EMC2 supporter since it was launched and although I sold some coins on exchanges, I stil hold 1.7M+ EMC2 and not planning selling them in near future. However, the same applies to EBT, but the main difference here is that EBT is plain dead...
P.S.2. I am part of another coin which is called FAILCoin. It seems dead, it is highly possible to die, but guess what? I don't care! After exactly 5 hours I am on meeting (in person) with 3 coders which may be involved in it and I hope that we will reach to agreement. I talked with 15+ coders for FAIL and I did understand that some of them launched 10s of coins and have wallets with hundreds and thousands BTC. Others (like defaced for example - dev of Franko and ADN (I also remember that Franko team helped EBT at the beginning)) don't have such amounts, because they are honest. As long as a coin has devoted members there are chances for some success, but EBT don't have them.