It's dropping because people are panic selling all their coins.

That is not smart thing to do...

invest all BTC in other Cryptocurrent untill MtGox crisis pass.

I never considered MtGox a serious Bitcoin exchange!
but I don't talk about that....

nothing has happened, one investor sold the EAC and caused panic, already are BID 6BTC all ok

Hi community,

   Ahhhhhh where to start.  Communication.  Cryptozark will be initiating many things over the next two months and coordinating teams of people or individuals who wish to be commissioned with a task.  If you were disheartened with things, the dev team was even more so.  We waited for emails, or ideas, or initiatives from the community of course where we could decide to support and promote each respective addition to the collective ideology of EarthCoin.  There were very little.  However there were some and we are assembling those individuals on respective tasks and projects.

   A shining example of how to create value for EVERYONE with EarthCoin is Earthazaar.  A collaboration of ideas and an assembly of function, solely accomplished out of the time, effort and personal funds of a passionate motivated fella, Centurion.  Hats off.  This effort, while not directly correlated to a price increase in EAC will have a lasting effect and serves both Centurion's efforts and the community as a whole.  We will be supporting his efforts in anyway we can.

   Cryptozark has set sail on a mission to establish project managers in many areas of the proliferation of the idea of EarthCoin, collaborating with Hash Engineering, Sprocket, Steve and Earthshit who is HARDLY shit!  These initiatives will bring upcoming additions to content for EarthCoin one of which will be the inevitable imminent launch of the new site.  Barely mentioned was our release of 1.2qt and some other details will follow.

   I can not stress enough the importance of EVERYONE creating value.  I will be straight-forward.  I have 24 million EarthCoins, many of which I have purchased my self.  The devs are not a go to wallet for everyone who owns EarthCoin.  If you require that in your life, that is what the Federal Reserve is for and their respective lending institutions, go borrow money against your assets.  For example, here in this Crypto-World, as a miner, who may hold 50,000,000 coins in a hoard, your job is to actually "give" 25,000,000 of those away to double or triple the value of the remaining 25,000,000 you would hold, thus creating a greater sum.  That is how you create value through "giving" towards projects that create content and spur initiative.

   Too often in these threads and others it sounds like birds in a nest, with their beaks wide open, chirping and singing for a worm to be given to them.  That mentality must be left behind.  That mentality is for an inflationary system where governing bodies try to right wrongs and there is someone to call for your complaints.  In a crypto-currency environment we must pay it forward and be responsible to grow value for the future for all of us.  What a concept!!  There is no one to call, it is self policing, self regulating and most important self fulfilling.

   When we reach a critical mass of infrastructure created you will have wet and wild EarthCoin dreams haha.  No one knows when that will occur, we must simply hand off the baton to someone motivated to take it forth to the next month as we lose our way sometimes and regroup.  Putting your coins on a USB and forgetting about them is not the way to create value - DO SOMETHING.  Get involved. 

   Soon I will have in my possession, less than .005% of the supply of EarthCoin come August when we reach 33% total creation.  But I believe I can create value more than 80% of EarthCoin users - how is that!?!  If that is actually true, we are in trouble hehe.  I can not point fingers but I will say that for any person hoarding a significant amount of coins, realize that they will be worthless unless you put half of them to work to create value for the other half.  It is just how it works guys.  I had hoped I didn't have to explain it that way and common sense would dictate the logic.

   So for all the pre-mine non-sense, it is far from depleted however it must also be stretched over the next year or two unless some back to back big projects are worth the effort now or someone who also has a hoard steps up to the plate.  Fate and time will tell.

   Good job everyone and again don't be dissuaded by price, it is a function of a lot of things.  This is the time to spread the manifesto regarding EAC's benefits.  Day in and day out.  Reward will come when it comes unfortunately.

It's like fucking clockwork with you isn't it. I predicted everything you were going to say. Funny enough, you still brought out the vague bullshit of "something" in the works. If you can't say what it is then fuck right off. This is not a high school clique. It is not gossip. You want the community to be proactive yet you shut them out? Get the fuck outta here.

Again... WHERE IS THE PREMINE WALLET?! What was the premine for if not to fund your so called fucking projects?  What are you trying to stretch until next year when by then your fucking coin will be 1 satoshi? Are you just incredibly dense or fucking naive?

No one asked you for the premine money to give out to the community so fuck you for making that assertion. People are asking for inclusion and transparency but you being the legalese double speak king, you craftily avoided it all and only harped on cryptozark and earthhazaar because you have nothing to show for it.

No one gives a fuck if you own 0.fuckpercent of EAC. You're not putting it to good use anyway. So fuck you and your colleagues and come back when you have something of note instead of the vague pandering bullshit you've been pulling for the past month. By nightfall, EAC will be sub 60 satoshi. By nightfall, this coin will crumble due to your incompetence.

Also there will be no dissemination of the premine, in fact it is split up so many times to respective parties I have no idea where it all would be, so that is a moot point.  You have been given access to what I control and that is all I can do for you.  The pre-mine will be insignificant in another five months and barely represent 3% of the pool, by year under it will be 2.5%.  No one needs to justify anything for that meager of a stake.  There are individuals with much more power if they feel so inclined as to use their hoard to create value.  EarthCoin can be taken in any direction, not just ours.  Its definition and substance will simply be created by the community as a whole.

EarthCoin is much different of an ideology than DogeCoin.  DOGE is representative as an idol, a worship of a Shibu-Inu dog.  It is simplistic and magnificent in its creation and I applaud them for the cult following.  EAC is much more difficult to define and is built over a larger idea and takes much more of a following to identify with the store of value we call EarthCoin.  Even bigger than we envisioned.  It is a large platform for which luck and fate will be equally important.

THERE WILL BE NO DISSEMINATION OF THE PREMINE?!

Hahaha   the truth has finally come out. Good to know. The greatest trick the devs ever pulled was convincing the world that the premine exists, and like that.

POOF

It's gone.

Stay classy scamming cunts. Stay classy.

That is a great point and yes I am sure you efforts got muddied in the mess at launch. Literally lost!  I apologize for that.  As for our purpose it was to create a brand that people to get behind however people are supposed to get behind it.

slyA, over the next days you are right your messages will be regarded but no to your credit.  The community will see some action.

quorum, my apologies.  I actually knew nothing about this.  So PM me and bring me up to speed.  I was focused on my own efforts.  Now we can start to bring some of this together over the next month of which you will see some today.

I really cant stand this any longer, sick of this shit - fucked over again...

a) Premine has been at least partially dumped on market
b) Premine has been shifted around, split, shifted around, split shifted around and split multiple times to discourage tracing http://earthchain.info/address/eUrViTV2M3aTk3dCuxqiuGse4hdv2vYgfn see for yourself.
c) Premine has been used to fund wages for a real dev team + and hardware for http://incryptex.com, what "devs" are really working on is not EAC but http://incryptex.com
d) Comments and suggestions ignored, or if not ignored certainly not acted on, replies are nonsense
e) No official bounties. Dev rely on community development marketing
f) Comment on one of their youtube videos forced them to take it down (about dumping premine)
g) Absolutely terrible communication, terrible counter arguments to premine questions, beating around the bush.
h) Nobody even knows who the official devs are, [user] earthcoin [user] WesandEAC, who else?
i) User WesandEAC is obviously more of a professional TRADER then a dev, nobody has 100 screens with charts for "dev" work.
j) User earthcoin is probably https://twitter.com/CryptoNorb, a known pump and dumper - i dont think he is a dev either, more a business man.
k) https://twitter.com/CryptoNorb launched EAC, is launching http://incryptex.com - in beta testing now - the only thing showing any progress.

Some of this may be conjecture but thats how I see it.

Well I've learnt my lesson over the past few weeks - some basically rules for investing in a cryptos should be:

1) Know the dev team, and that they aren't pump and dumpers - at least half the value of the coin is derived from a good committed dev "TEAM" and not one guy doing it all.
2) Try to get their REAL NAMES, Twitter Accounts, Facebook Accounts, Pictures of what they look like etc., preferably a business address too if possible - this shows they are less likely to run off and abandon the project for fear of repercussions.
3) NO PREMINE - whatever anybody tells you... NO FUCKING PREMINED COINS i.e "90% get rich quick scams" - investors hate them (because they've been burned before).
4) Mine the coins for the first few weeks at least, don't invest your own hard earned cash until the price establishes a fair value and your certain the devs are still onboard.
5) Dont be greedy
6) Assume most of these coins are a scam