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Showing 6 of 6 results by mn-bit-coin-talk
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Re: [ANN][EMC2] Einsteinium | FUNDING THE FUTURE WITH THE FUTURE OF CURRENCY
by
mn-bit-coin-talk
on 08/12/2017, 20:14:27 UTC
1. The name. Einsteinium is already the name of an element, which makes things confusing.

2. The idea. "We give money to scientific projects". What makes the devs qualified to decide who gets the money?

3. Use cases. It would be weird to buy groceries with "Einsteinium".

If you disagree with me, it's probably because you're an investor and you want to believe in what you paid for.
I study to become a research scientist in real life and I wouldn't touch this with a 10 ft. pole.

You make some valid points but also come across as an arrogant dumbass.  Please consider these counterpoints:

0. You can make your points without any arrogance or condescension; try it some time, it really is possible.  (Can't promise I'll set an example today, but I've done it before I swear!)

1. The name: Just exactly who is going to be confused?  PhD's in chemistry?  Anyone learned enough to even know the element exists is going to have enough brain cells to distinguish based on context.  It's not exactly an everyday part of our lives ("honey, we have guests, let's put out the einsteiniumware").  It would be different if it was a universally known element, like Carbon... oh wait, Apple already used that to name an API of theirs.  Can you imagine all the programmers who were wandering around confused for years, trying to keep the Apple API and the chemical element separated in their minds!  Oh yeah, now I remember -- that didn't happen at all, everything was fine.

2. First, it isn't an idea that fails if the absolute best possible choice for the grants aren't made -- otherwise the entire scientific establishment's grant process could be judged a failure.  There are many different grant programs in the world, none perfect, so why try to nitpick a potential new source of grants?  The more grant money the better.  Secondly, it is my understanding that holders of EMC2 tokens will get to vote on the spending, not the devs.  Guess you'd know that if you'd done a little research before shooting your mouth off.  What field did you say you were in again?  Does it require knowing how to do research?  Did they teach you how to do that yet?  Maybe next semester they'll walk you through it.

3. I don't plan on buying groceries with Ethereum, or even Bitcoin for that matter (until / unless they fix their scaling problems), but it doesn't mean those coins don't have value, or use cases.

But I think the absolute dumbest thing you said had nothing to do with the coin.  You don't hold Einstein in particularly high regard?  And you claim to be studying to be a scientist?  How much science have you actually learned yet?  A century after one of if not the greatest intellectual insight in human history, no-one has been able to better his theory.  Not for lack of trying either.  Utter failure by all the scientists in the world working on fundamental physics to either unify the other physical theories with relativity, or replace it.  500 years from now, people will remember Einstein's name, as they do Newton today.  No-one will remember you.  If Einstein was alive today, he would not even know you exist.  But thanks for registering your thoughts with the general public.  Now we know some random guy doesn't care for Einstein.  There's no love lost the other way, believe me.
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Re: [ANN][EMC2] Einsteinium | FUNDING THE FUTURE WITH THE FUTURE OF CURRENCY
by
mn-bit-coin-talk
on 07/12/2017, 06:06:55 UTC
Wink weee

Sir I appreciate your enthusiasm but I will for real transmit 1 EMC2 to you if you promise to stop ending every one of your posts with 'weeeee'. :-)
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20K on Poloniex
by
mn-bit-coin-talk
on 07/12/2017, 00:51:23 UTC
:-)
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Re: [ANN][EMC2] Einsteinium | FUNDING THE FUTURE WITH THE FUTURE OF CURRENCY
by
mn-bit-coin-talk
on 06/12/2017, 23:31:25 UTC
Did you guys see the volatility? HOLY SHIT. Dropped to 1.68 and went back to 2.18 in 4-5 minutes

Was waiting for it to happen.  Nothing goes up this far this fast without such pullbacks.  Kinda surprised it didn't happen a) sooner, b) larger, and c) more often.  I think the really surprising thing about the EMC2 price chart is how *stable* this coin seems.  I see a "staircase" pattern where the coin goes up a lot, then goes sideways for a while, then goes up again, without a significant crash in between.  Seems a sign of strength to me.  That's partly why I bought some at 1499.  Not regretting it a week and 1000% later.  :-)
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EMC2 up 26,000% from the year low
by
mn-bit-coin-talk
on 06/12/2017, 17:48:11 UTC

    EMC2 is now up 26,000% from the year low. :-)

    Question: People keep saying the coin burn will up the price.  But don't markets build news into the price in advance?  Couldn't we say the current phenomenal price rise is a result of the (news of the) upcoming fork?  If so then the price may move sideways or even down after the fork, if we've overshot by then, if not already.
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Coin Of The Year
by
mn-bit-coin-talk
on 06/12/2017, 06:16:33 UTC
I wrote a PHP script that runs 24/7 and shows me leaderboards for all coins traded on Poloniex, by various time periods (not just day, like you see on poloniex.com).  This is what I see a few minutes ago, top coin for each time period:

2 hour change: EMC2
4 hour change: EMC2
6 hour change: EMC2
12 hour change: EMC2
day change: EMC2
2 day change: EMC2
4 day change: EMC2
week change: EMC2
2 week change: EMC2
month change: EMC2
2 month change: EMC2
3 month change: EMC2
6 month change: EMC2
year change: EMC2

:-)