I would consider this service if you'd offer a lower tier option without KYC.
I believe the law only requires KYC if you're above a certain fiat amount. You could offer this service without KYC up to that amount.....

Some put .5-1btc at a time, mine is tiny compared to others 

You guys are late to the party!

Check my address if you don't believe it 
https://etherscan.io/address/0x528659CF02bB1152AB49B35D8293cc68B2fbf4fA
10.11eth paid
10eth invested back!


My ref if you have not signed up yet 

i and many others use this site all the time it only stop working recently.

I agree. if 7 month of activity, just give balances back and close site!! Now BCH and XMR have deposit withdrawal issue, and no one ever know if we will get solved or not.
I have 4xmr and 0.25 bch sent for deposit, and never credited to balance. I have lost hope, I do not think I will get my coins, not for a long time

withdrawl not instant ... whhy ?

Hi,
I deposited bch, btc and xmr
BTC come, no problem
BCH & XMR did not come through
why? how do I get my deposit?

is it out yet?.

the reason blackcoin is taking off is NO SUPPLY increase. it is pure POS now with a marginal interest per year.

eac will have its supply increased 400% this year, leading to pure 400% inflation.

you can't give a simple yes or no... instead you scurry behind the next rock with your tail between your legs... how adult

you know what you answer translates to?

"I don't know shit and I'm fine with it, as long as I can be a submissive follower of the majority. I have no opinion besides theirs. please stop hitting me."

do you think 15 million more eac every day helps the coin to stay competitive?

simple question

and again:

if you worry about money supply, it is strikingly dishonest to keep avoiding the fact that POW creates 400% inflation this year alone.

then focusing on POS as too much supply? ridiculous.

also: why 'secondary'. just stop POW and switch to POS completely. we DO NOT NEED MINERS. they are just parasites as long as they instantly sell.
and every miner will sell, cause of a 6 weeks slide that can only end in 1 sat.

if a miner tells you he does not sell, he is lying. cause power costs are so high, people have to pay the bills.
miners NEED to sell.

so unless you can explain why 400% inflation through continuing POW is good,
yet stopping POW, or severely reducing it to a fraction of what it is now, the 20% money supply increase through POS is suddenly bad

you can scream your ignorance as loud as you want, it changes nothing.

you can redefine economic terms to suit your needs at a moments notice, but you can not redefine it for all of humanity, which disagrees with you.

interest can be defined as [a stake in an involvement or undertaking, especially a financial one] (oxford English dictionary)
or [money regularly paid at a particular rate for the use of money lent] (oxford English dictionary)

since proof of STAKE uses the stake as a way to keep the network running, to proof that a transaction is valid, both definitions are true.

this is why it is called proof of stake.

you lend the network the money for 5 days, then you get interest for your lending to the network.
the network itself is the debtor. it hands out interest for stake it is allowed to use to keep itself running.

it is paid regularly.

the size if the stake defines the interest in both ways: your % of the total POS coin amount, and the money you regularly get as interest payment from the network, depending again on the % you own.


I have already explained this much simpler, but alas...

since you're so keen on splitting hairs, hoping I can't make an even bigger fool out of you as you have already done, here's another example why your redefining of commonly accepted terms is nonsense:

if you give your money to the bank and get 3%, it matters not if the bank actually uses the money for anything. you just get 3%
there is no word for the case in which the bank gives you 3% without touching your money. it is still called interest.

whatever. since you cannot read or are not intellectually capable enough to understand my post in green letters explaining savings and interest in relation to inflation, here it is again in "easy mode" speak:

savings, holding, hording, interest all keeps the money in one place.
inflation does the opposite to people. it takes money out of their pocket.

happy now? I don't understand why you keep challenging me on this stuff... can't you see how deep my understanding of this is?
the way I broke down Keynes, inflation, interest and savings, that's something most experts in the field could not do in so few lines...

you are so way out of your league here... seriously. just accept it. I know how you feel.. I tend to make people feel stupid in a lot of areas. but I mean well, even if I am highly confrontational.

24Kilo is a miner. that's his perspective. he will always vote against a system he can not profit from.

biomech is employed by the devs, who have a hard time with criticism, and would not employ him if he was not a yes-man. he clearly has no idea about the areas he is discussing.

it does and should not matter how "awesome" someone is as a member of the community. it should matter if someone is right.

they are not providing any value besides speaking their mind without actual facts or arguments supporting their positions.

answer me this: how is it useful for the long term survival of eac, when we quadruple the eac supply this year, and still increase it dramatically next year.

eac is not alone. a coin needs a critical number of holders and users to survive.

what none of you seem to understand that survival means to outlast the comparable competition.

devaluing the coin now further is not helpful. it kills it.

price IS a factor in people's willingness to put up with the constant hickups of eac.

it is foolish to the extreme to keep outright dismissing price level as a non-factor when it is 99% of what drives the market.

all the happy feeling sunshine hold hands crap is for people who don't really invest in the coin or do not treat it in business terms.

everyone who is actually fond of accepting eac as a coin personally, or in a shop will react allergically to constant drops in price.

when even instant exchange from eac to BTC could yield a 20% loss after the merchant has accepted eac for goods, he will not longer be willing to accept eac at some point.

we are losing the wide range of holders and users that make the coin.

I can not understand why you let your sympathies towards certain people cloud your judgement so much.
look around. a miner and an employee discuss things they both have no stake in.

the miner can mine something else tomorrow. the employee gets paid.

what you should worry about is the absence of other people that support this current regime. there are none, except

devs,

happy feeling sunshine people who oppose profit on a moral level (steve) and are completely worthless to the coin on a business level, a miner who wants to keep mining eac, which is totally besides the point,

and a steady stream of people saying: ok this is enough, I'm out.

what is left are true believers. you can not trust the judgement of those either. they are always in high spirits, utter no criticism and glow with adoration for the amateurs in charge.
you are pretty close to becoming one of them.

whatever you may think of me, I hope you realize that I am smart enough to actually understand the issues and I'm here only for a public service to a coin, once dear to my heart.

there are no 2 sides here. either I am wrong or I am right.
either increasing the supply of eac 4 fold this year is good, or increasing supply by max 20% this year via interest is good.

make up your mind!

and all the bullshit about buggy code and POS being difficult is just a smokescreen for the fact that they, and I say it again: HAVE NO PROGRAMMER ON PAYROLL

and stop calling POS a new thing. it is NOT. and stop calling it problematic, when all the POS coins have a higher market cap than EAC and do much better than eac.

you increase supply anyway. the point is, do you want 400% of eac this year happening to a coin that is already at 10 sat? really?

long term survival is directly linked to price. di-re-ctly. the only people who do not worry about price are fanatics (true believers), miners who auto sell and the devs who are too insecure to accept failure to do necessary innovations.

everyone else, every merchant, every normal person, every crypto enthusiast, all those have to pay bills, and have 160 other coins to choose from.

yet all you are listening to is people you got to know and like. i.e. people who can stand posting here still.



how come in the real world currency value decline drove satoshi to build BTC and here it suddenly is immaterial?

you allow 400% inflation this year yet worry about 20% supply increase through interest, which idiotic no-nothings confuse with inflation and vehemently oppose it, while ignoring the gigantic 400% gorilla of POW inflation in the room

I should charge money for these economics lessons....

I just have to keep out all the personal insults...

let me cut you off here since you're just repeating the same nonsense.

savings are not responsible for inflation.
inflation is introduced to PREVENT people from saving.

interest does not cause inflation. because it keeps the stake someone has in the economy. his "slice" of the pie stays exactly the same.
inflation is introduced by lowering INTEREST RATES. GET IT?

keynes was very much opposed to savings but FOR inflation. if it is the same thing, then you  have either made a world shattering breakthrough in economic understanding, or you do not know what you are talking about.

interest and saving is diametrically opposite to inflation and no interest on savings.

Keynes is about redistributing wealth. money moves through destruction of e.g. a broken window pane. the window owner loses wealth. he has to pay for a window. the windowmaker gets his money/wealth.

SAVINGS AND INTEREST KEEP WEALTH IN THE SAME PLACE

I have utter respect for people who know their shortcomings and stay silent on issues they do not grasp.
it shows understanding of one's own abilities, which might lie in other areas.

but people who clearly do not even grasp the BASIC principles of the economic theories involved and in real world application of these theories and make page long posts repeating the same bs over and over, post after post, should look for a friendly neighborhood lobotomist
 

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.

the main advantage of eac is not really adoption, but spread of the currency.

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.

the dev team, while playing for "the long haul" gambles away this advantage by allowing the current price decline.

discussion? I see shouting
it is amazing that they don't realize that the few people still posting here are only critics and the dev team including hired hands

didn't you know? holding is hording... Keynes blamed saving for stock market crashes. if the money is not constantly circulated, bad things will happen.
it is amazing that they do not seem to understand that satoshi created bitcoin and crypro exactly to get rid of this idiotic idea.

the few percent people get each month for saving/holding a POS crypto are making no one not wanna buy stuff.

1) miners cannot mine POS. miner can often afford asics. miners mine. they do not hold the coin. miners care little if eac is at 1 sat, as long as the difficulty is low enough to make it lucrative to mine eac.

2) because you might have already proposed POS in early January, made the same argument and got shut down.

and cause the devs promised a eac/usd only exchange. such an exchange, if many alts would be allowed, yet only eac could be exhanged for fiat, would create so much demand, POW would be no problem
plus, if you see things are going south, you'd keep your mouth shut and not point out bad news, in order to sell all your eac you have left. then you quietly reach out to the devs, explain your worries and wait.
then nothing happens and you post here, knowing you have nothing to lose since you're not in the eac game any more.

3) yes, yes and yes and a few more yes

4) no. rather:
there are no buyers with faith in the longevity of eac cause the devs  act clueless, emotional, unprofessional and have had a rather strained relationship with the truth on several occasions.
and because sellers are not selling to buy low. they sell cause they want to leave this mess and they do not get heard

look at my posts. a shining example of what happens to people who make suggestions.

5) good for you. you know my answer to that already.
i believe in eac, as long as there is an understanding of the misjudgments the "team" made in their POW model.
the "let's not touch the code" attitude runs contrary to all successful coins.
even doge had a VERY hard fork changing base currency mechanics by abandoning the random reward.

you only do not want to touch the code, if you do not have a competent coder on staff. which they don't. hiring one costs money. money that has been spent on incryptex


I Hope that this satisfies your questions.

I will not talk about trading strategies, because that has little to do with eac.
any great trader can make just as much money with a crap coin as he can with a good one. maybe even more.


in conclusion I'd want to lament the fact that ideology, "we are the good guys" "helping" "believe!!!" and so on seems to run rampant among the fanboys and devs.

what is ignored is psychology and public appearance.

changing something creates media attention. there is no bad press. any change might bring in traders, investors or new merchants via discussions about eac in other places.

there is a direct relation to high volume and healthy coins. bring in traders, and you bring in volume. and outside trader can not sell without buying first. here there is no short selling.

any speculator has to buy vast amounts first and then he is invested and will protect his stake.

the real world economy as bad as it is has orders of magnitude more wealth in trades than in real world assets. eac could survive and thrive even with few traders and all speculators. Bitcoin had done that its first years.

there is a severe lack of knowledge about economics and related fields in this team.

eac right now is its own worst enemy