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Showing 17 of 17 results by ThatMouse
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Board Announcements (Altcoins)
Re: [2014 FLAGSHIP ALT] *EarthCoin* EAC +1 Community, +1 Exec Team, +1 Best Talent
by
ThatMouse
on 19/03/2014, 20:41:02 UTC
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.
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Board Announcements (Altcoins)
Re: [2014 FLAGSHIP ALT] *EarthCoin* EAC +1 Community, +1 Exec Team, +1 Best Talent
by
ThatMouse
on 16/03/2014, 20:56:30 UTC
Hello EarthCoin Community,

I thought I would lighten up the mood in here with some 'light-hearted' research.

I just did a Google news search for 'bitcoin' and only found articles pretty much slamming bitcoin, including the famous Warren Buffett showing a profound ignorance of how Bitcoin works, comparing it to a check or money order  Huh

Naysayers included: Goldman Sachs, MarketWatch, The Economist, Etc.

Thoughts.

Bitcoin has an $8 BILLION USD market capitalization at current prices. For comparison, Darden Restaurants (Ticker: DRI) has a 6.5 Billion Market Cap.

"Darden Restaurants, Inc. is a full service restaurant company. As of May 26, 2013, the Company operated through subsidiaries 2,138 restaurants in the United States and Canada. In the United States, it operated 2,105 restaurants in all 50 states, including 822 Olive Garden, 678 Red Lobster, 430 LongHorn Steakhouse, 49 The Capital Grille, 44 Yard House, 33 Bahama Breeze, 31 Seasons 52, nine Eddie V's Prime Seafood, six test synergy restaurants (which house both a Red Lobster and Olive Garden restaurant in the same building) and three Wildfish Seafood Grille restaurants."

Darden is a Cashflow Machine.

BitCoin is 23% Larger in 'Cumulative Value' 'Market Capitalization' or simply (# of Bitcoins x Current Bitcoin Price)

When the collective world puts $8 Billion behind something, it is usually for a legitimate reason. Not to mention that BitCoin investors are much more intelligent, wealthy, and technologically sophisticated than the 'average' person reading the main-stream 'news'.

While reading these articles about the 'Doom' of BitCoin and it's subsidiaries, I could not help thinking:

1) People still don't understand the technology. I would wager that <0.5% Of the US population could get even close to explaining BitCoin. What will BitCoin (& many Alt. Coins by default) price look like when ~ 5% of the population understands BitCoin?

2) The Major players who have the most to lose, such as Big Banks, Governments, Money Exchanges (Paypal, American Express, Etc.) are frightened to death of BitCoin. They can see the potential, but they are not smart enough to profit off of the movement. So they seek to destroy it with falsehoods and mass-media bashing when shown the golden opportunity with the Mt. Gox debacle.

In Addition, BitCoin prices have been hanging very strong in the face of this wave of negativity, having recovered strongly from the Mt. Gox issue and showing surprising strength IMO. You have to remember that when corporations (Who nearly control everything in the USA) have MASSIVE amounts of money to lose, they will respond like any self-sustaining organism, and defend themselves vigorously, often times in deceitful, underhanded and maniacal ways.

The BitCoin owners aren't buying it. They are in fact buying more BitCoin, and spending them increasingly in interesting ways. They are smart enough to see through the irrelevant smear campaign. This IS the Internet of Currency.

"In addition, some A-level venture capitalists are funding a number of companies that will raise the level of the game"

How does this relate to Earthcoin? You can almost certainly view Earthcoin as a highly leveraged play on BitCoin. It even has a way cooler name & design. Need I mention transaction times? I can buy a cup of coffee with EarthCoin - How long does 'BitCoin' take to confirm a transaction again?

So if BitCoin gets running again on 'speculation', increased merchant adoption, etc. You will see Earthcoin rise in a % that is 3-10x BTC IMO.

The one positive article I found about BitCoin mentioned how despite all the nay-saying, merchant adoption is clearly on the rise. (http://www.csmonitor.com/Business/2014/0313/Bitcoin-why-businesses-are-buying-in-despite-critics-and-start-up-woes-video)

"In particular, new businesses whose profit margins are often razor-thin in their debut years are thrilled at having an option to avoid the 3 percent fees they must pay to credit card companies, on average. And if they can be seen riding the hottest new pop culture wave while they do it, so much the better."

"The retail website Overstock.com recently began accepting the digital currency and is currently taking in about $30,000 per day using Bitcoin – about 1 percent of its roughly $3.6 million daily sales, according to TechCrunch. TechCrunch, which is devoted to analyzing start-up technology, estimates that Overstock will push that number to six figures by the 2014 holidays."

"Across the Deep South, where the tea party has strong roots, there is a growing acceptance of Bitcoin “as a way to get the Federal Reserve out of banking,” he says."

"Many of the doctors he advises across the region who have had a growing number of uninsured cash patients are turning to Bitcoin."

There is good reason to still believe in BitCoin, and if you believe in BitCoin, you should believe TENFOLD in EarthCoin.

If I looked at the information correctly, It appears that we currently have ~1.8 Billion EarthCoins created at this time. Does that mean that you can own 1% of the Float with 18 Million Earthcoins in your wallet?

If that is true, that is awesome. I am getting closer to my near-term goal. I invite any of the true believers in the Earthcoin community to buy 1% of the Float at current prices and refuse to sell for a 1 month time period. If 50 people joined that challenge, for a mere $2000, they would own more of this 'fledgling, high-tech, growth currency' than they could ever dream of owning in the equivalent equity of a start-up tech company. I also would bet my Silver that in 1 Months time you will be looking at significantly higher prices.

By locking up 50% of the float into strong, dedicated hands, we would essentially guarantee our own profits. If supply was cut in half, and demand stays the same, what happens to price? We can control our own destiny. The more Earthcoins you own, the more you begin to control the trading price.

Miners, you can turn your machines back to the 'ON' button for Earthcoin. I am going to making things a little more interesting over at Earthazaar.com in the next couple days, so stay tuned. You are welcome to hedge/ lock in profit on your mining proceeds with my physical silver Bullion coins when the price makes sense to do so. Why bother switching from coin to coin like some scatter brained maniac? Just focus your bots on Earthcoin and cash out some of your earnings in Physical Silver Bullion when the EAC price makes financial sense to do so.

What a wonderful day to be on Mother EarthCoin. A new era has dawned.


+1
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Board Announcements (Altcoins)
Re: [2014 FLAGSHIP ALT] *EarthCoin* EAC +1 Community, +1 Exec Team, +1 Best Talent
by
ThatMouse
on 26/02/2014, 18:25:30 UTC
What does addnode do and where do I put it? Copy paste all?
What is rpc?

Google is your friend: https://litecoin.info/Litecoin.conf
Earthcoin is based on litecoin, so this is the same for Earthcoin.
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Topic
Board Announcements (Altcoins)
Re: [2014 FLAGSHIP ALT] *EarthCoin* EAC +1 Community, +1 Exec Team, +1 Best Talent
by
ThatMouse
on 22/02/2014, 14:22:44 UTC
Hey guys,

I took a bounty from the team to get the site redesigned.  It's still not 100% polished to where I'd like it to be, but since everyone is eager to see progress, I will post it as is.

http://getearthcoin.com

Here are some of the things I've done in the last month in addition to the site since I've started working with the team.

Migrated earthcoin.biz to getearthcoin.com
Redesigned and developed the site to be responsive
Redesigned Facebook, Twitter, Reddit
Created http://earthcoin.uservoice.com to collect suggestions. This is integrated with the feedback button on new site.
Updated existing site while new site was being developed including writing content
Created TeamEarthcoin form to seek new talent. (and I've been reading them)
Going over merchant docs
Working with Android devs (Xploited and Hash Engineering)
Working with Earthcoin tip bot dev (sprocket)
Working with Earthazar dev (Centurion)
Submitting content to earthcoin.eu
Put my own fiat behind sponsored posts on facebook
and of course maintaining a presence in IRC, here and EarthCoin Talk

I haven't been updating the socials in the last few days due to personal reasons, but I am going to be picking it up once again.

Huge apologies to Quorum.  I mentioned to the devs that I had an idea for a marketplace, and then I was put in touch with you for an initial conversation because you had set up that marketplace at wikicompany, but I wasn't sure of the goal of putting us in touch with each other?  When I had checked up on the marketplace next, it was gone and I assumed it was to make room for Earthazaar.

Anyway, there's a new version of the Earthcoin Wallet (v1.2) up on the site, but we still need people to compile for Mac and Linux.

The main differences is that it shows up to 6 transactions on the main overview page
There's a field to display transaction messages (awesome)
Also a filter to show only values over a certain amount on transactions... I am assuming that's mostly for miners?

For everyone who has been filling out the TeamEarthcoin form, I will respond.   Again, there are a few personal issues I've had to deal with recently and I come from the community, like you, and have a full time job and non-crypto life that I have to balance (and despite that, I've put in a tremendous amount of hours into helping Earthcoin grow).

This is the next step...

I've drafted the following message that will be posted to the developers board.  Any suggestions or comments?

---------
Seeking coin, wallet, and service developers.  Bounties Available.  Escrow needed.
We at Earthcoin have been watching various alt coins make new developments over the last couple months.  There have been many contributions to cryptocurrency technology that we’ve found desirable.  However, to ensure the stability of our community and network in our early days, we wanted to wait as long as possible before doing anything that would required a hard fork. 

However, now than transaction malleability vulnerabilities have reared their ugly heads and with scrypt ASICs just around the corner, it seems as though a mandatory upgrade and hard fork is inevitable in the near future.  Now we are seeking your input and your help to make Earhtcoin the most competitive alt out there.  We want to take all the latest features in the alt market and combine them into one coin.

This is what we are looking for.

Upgrading our base/wallet code to be based off of the latest upcoming bitcoin/litecoin code that incorporates the fix for transaction malleability.

ASIC resistance (Via Vert’s Scrypt Adaptive-N or scrypt-jane or whatever the community feels is most appropriate) along with corresponding mining and pool software.

Built in anonymity such ascoin mixing similar to the recently-released Fedoracoin feature or Darkcoin’s coinjoin implementation.  We eventually look forward to implementing the Zerocoin anonymity protocol.

We currently have a block target time of 1 minute and retargeting difficulty every block to make us resistant to transaction stalling from multi pool hopping.  Can anyone give us any reason why we would benefit from Kimoto’s Gravity Well implementation?

We would like to change our bonus reward days (2X and 5X days) to give blocks only when BOINC is running like Gridcoin.  We like the idea of using your extra computing power to also help scientific progress.

We would like a more custom wallet…  MUCH more custom. Not just nicely designed like Megacoin, Worldcoin, Copperlark, etc, but we would like something that can contain price/hash chart information, links to our network of websites and merchants, news feeds, and mining setups.  It does not necessarily have to be Qt based, but it must at the very least match all of the Qt wallet’s functions.  If we have a working Earthcoinj (java implementation of Earthcoin) then perhaps we can build off of that.

Currently, we support transaction messaging through the blockchain like Florincoin and we believe that our Android wallet (which is to be released soon) is one of the first if not *the* first to support this feature.  This does create an extra field in block chain transactions that programmers will have to account for.  Perhaps we can make this more useful and include metadata about transactions similar to simple.com or mint.com so types of transactions (goods, services, mining, trade, etc) can be tracked in a nice, sortable interface.

We want everything to be easy, easy, easy for the first time user.  That means we would like to have links inside the wallet pointing the user to help files on the web with audio and video that explain everything from mining to the nature of cryptocurrency itself.   That means we’d like preconfigured files for the solo miner and various pool miners, including an easy way to connect to any pools in an updated list of pools and preconfigured bat files for the CPU, AMD or Nvidia miner.

Pie in the sky idea, but if there are even developers that can help build next generation services on top of our block chain (similar to what Mastercoin has done with Bitcoin) then we are open to that as well.

Any and all ideas are on the table here.  The only limitation at this point is that we still want to be based off of the fully-tested and well understood bitcoin/litecoin base rather than something like NXT.

Please discuss the above, let us know what your wish list items are and we will bounty it.  All of the above should be done through escrow so you know we will deliver and we know you will as well.  We want nothing less than the best.
--------------

Current list of bounty-worthy items.

http://earthcoin.eu/?p=293

However, if people have great ideas that they want to bring to the table, contact someone on the team or let's start an open discussion.

I like the idea of a custom wallet.
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Topic
Board Announcements (Altcoins)
Re: [2014 FLAGSHIP ALT] *EarthCoin* EAC +1 Community, +1 Exec Team, +1 Best Talent
by
ThatMouse
on 21/02/2014, 11:29:18 UTC
It's dropping because people are panic selling all their coins.
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Topic
Board Announcements (Altcoins)
Re: [2014 FLAGSHIP ALT] *EarthCoin* EAC +1 Community, +1 Exec Team, +1 Best Talent
by
ThatMouse
on 21/02/2014, 11:18:59 UTC

...
I loved the payout system and wish it went on forever, at a lower %, but it stops for some reason and becomes fixed at 8k I believe.
....

It will not become fixed at 8k.
It will just go on with the sine curve, but every year the payout will be cut in half.
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Board Altcoin Discussion
Re: [Poll] Which Coin to be Added to cryptothrift.com?
by
ThatMouse
on 26/01/2014, 11:18:12 UTC
Earthcoin - fast transaction speed (<10 seconds), committed and experienced developers,  strong community
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Topic
Board Altcoin Discussion
Re: Which Coin to be Added to cryptothrift.com?
by
ThatMouse
on 23/01/2014, 21:58:29 UTC
Earthcoin
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Topic
Board Announcements (Altcoins)
Re: [2014 FLAGSHIP ALT] *EarthCoin* EAC +1 Community, +1 Exec Team, +1 Best Talent
by
ThatMouse
on 23/01/2014, 20:11:45 UTC
WE NEED SOMETHING LIKE THIS PERFECT MARKETING !!! DOGY DID IT WITH JAMAICANS, WORLD COIN IS DOING IT, SO MUST EAC!!!
DEV ORGANISE!!!!

http://worldcoinwell.com/

So something like this?
http://www.earthcoin.biz/eac_foundation.html
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Topic
Board Announcements (Altcoins)
Re: [2014 FLAGSHIP ALT] *EarthCoin* EAC +1 Community, +1 Exec Team, +1 Best Talent
by
ThatMouse
on 21/01/2014, 12:42:13 UTC
eac will climb over at least .000011 today

can find it out with simple math

Go ahead and explain then.
well, ok

dogecoin is valued at 239 satoshis right now. you can mine 1085 doge a day with 100khs.

erthcoin is valued at 260 satoshis right now. you can mine 137 eac a day with 100 khs.

260/239 = 1.087 eac

which makes 1 doge = 1.087 eac on btc exchange

137/1085=0,1263

if you do 0.1263*1.087 which makes 0.1373, it shows that mining eac is valued at 0.1373 of mining dogecoin.

there you will have to study general equilibrium theory of economics 101. even if it doesnt match exactly with doge, it will come closer to it, which will bring eac at least 5 or 6 times of its current value.

Or doge drops in value....
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Topic
Board Alt Coins (Nederlands)
Re: De lancering van de Earthcoin!
by
ThatMouse
on 20/01/2014, 11:35:35 UTC
Afbeelding van de uitbetalingen met de tekst in het Nederlands om de vertaling compleet te maken:

http://s13.postimg.org/3zlugy7nb/uitbetaligen.png
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Board Announcements (Altcoins)
Re: [2014 FLAGSHIP ALT] *EarthCoin* EAC +1 Community, +1 Exec Team, +1 Best Talent
by
ThatMouse
on 20/01/2014, 10:00:16 UTC
On http://www.cryptocoinsnews.com/ It says that "Good guest posts will be featured in the news feed and GET PAID."
When we have some good news, it might be good to write a guest post about it on this site to get more exposure. It's a pretty big site. It's the 20,000th in the us.

Good Idea! Maybe once the Mining for Food project has its first delivery with pictures and information, someone can write up an article showing the benefits EarthCoin is already bringing to the world, and submit it to that site. I am probably open to doing so, but if there are professional writers who are better suited for such an article I certainly would let them do it.

Good news circulating about our community is a major part of our push into the 'top tiers' of crypto currency.

Good thinking. The Mining for Food project would be a perfect time to do it. I'm going to keep thinking of other ways to boost the coin. Go Earthcoin!

We have just made the first transfer of 65,000 EAC to this project..but we NEED MORE HASH!

LETs get this thing feeding 100s of PEOPLE! 

http://eac.minebig.com

Just sent my miners to your pool. Let's feed some hungry people !
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Board Announcements (Altcoins)
Re: [PRE-POLL] TRADING PAIR SUGGESTIONS FOR COINMARKET.IO
by
ThatMouse
on 19/01/2014, 17:42:54 UTC
EAC/BTC

EAC/LTC
Post
Topic
Board Marketplace (Altcoins)
Re: [POLL] Which coin do you want to see added to http://cryptokopen.eu ?
by
ThatMouse
on 16/01/2014, 11:00:55 UTC
Earthcoin - fast transaction speed (<10 seconds), committed and experienced developers,  strong community
Post
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Board Altcoin Discussion
Re: Coin Payments Coin Vote
by
ThatMouse
on 06/01/2014, 19:52:08 UTC
Lol, KeyserSozeMC is trolling so hard.
Post
Topic
Board Altcoin Discussion
Re: Coin Payments Coin Vote
by
ThatMouse
on 06/01/2014, 17:50:21 UTC
Just want to show you guys were EAC could be used for: http://earthcointalk.org/forums/topic/looking-for-a-main-sponsor-can-eac-help-us/
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Board Beginners & Help
Re: Bitcoin/ Litecoin Price
by
ThatMouse
on 05/01/2014, 21:21:54 UTC
When BTC is rising, most of the altcoins stay behind. Once BTC is (relatively) stable again you'll see that the altcoins will rise.