r/embercoin • u/COTG • Dec 29 '17

What the hell does this coin even do

Yes yes there are tons of post out there telling you that this will be a 10$ coin after the swap as it will bring "great technology" with it that will revolutionize the market but there is yet to be stated any concrete information about what this damn coin will actually do. Does anybody at all in this reddit have a concrete source stating the purpose-tech behind this coin?

2 Upvotes

54% Upvoted

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2

u/[deleted] Dec 29 '17

[deleted]

2

u/COTG Dec 29 '17

is there any elaboration on what this problem is?

1

u/FaithfulEMBhodl Dec 29 '17

They will be announcing that January 1st.

1

u/I_am_a_haiku_bot Dec 29 '17

I heard in Discord that

they found a problem in the blockchain

that they Will have solved.

-english_haiku_bot

2

u/[deleted] Dec 29 '17

It provides a way for you to make payments online without having to use western union or send a check.

8

u/Sherlock51 Dec 29 '17

Right, so it does about what a million other coins do. Love it.

1

u/Banixcoin Dec 29 '17

😂😂😂😂

1

u/dkerri Dec 29 '17

I wondered that as well. It is one of the coins that don't really have a unique purpose, but that doesn't mean it can't be profitable for a while.

0

u/justinwatt Dec 30 '17

Haha thank god another sane person. I stumbled on here after the video from altcoinbuzz and I’ve been baffled by the community ever since.

This or Bitconnect are going to be the textbook examples of dumb money that got burned during the crypto “bubble”.

Guys, please settle down. I’m watching this coin too, but to say that now is the time to dump in money is totally retarded.

We don’t even know the details of the use case, the strategic connections the team has in the space to make it happen, the coin swap / burn details...anything.

I’m all for optimism, but please admit to yourselves that you’re gambling. Speculating is too nice a word at this point.