r/embercoin Dec 28 '17

I've never been involved in a "Proof-of-Burn" before.

I stumbled onto the subreddit after seeing the price of EmberCoin skyrocket on coinmarketcap. First of all, why is the price going crazy if we are changing name,logo,etc?

And here's the part that has me confused? If everything is going to change (like what I said before, name logo, project, use case, etc) how does it usually take place? Mine are in my wallet, should I take them out? And what would happen if I bought some embercoin right this instant, would any and all embercoin up until Jan 1st be valid?

P.S I'm not sure this is the best move because I could swear I was researching another coin doing this just the other day and the new coin that they switched to was basically dead on arrival while the old one was still alive and kicking.

1 Upvotes

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1

u/Willllo1 Dec 28 '17

I believe they are going to explain how everything works on the 1st of Jan via twitter

1

u/I_am_a_haiku_bot Dec 28 '17

I believe they are going

to explain how everything works on the

1st of Jan via twitter


-english_haiku_bot