Embercoin is the latest coin to be promoted by Travon James and some other youtubers. I don’t want to get into whether or not he is conducting an intentional pump and dump because I don’t know him personally and don’t know what is going through his mind. I can say, however, that there are people out there who are pumping this coin and it is bound to come crashing down when they dump.
- It is terribly confusing, and I apologize, but at the time 6 months ago, it did not seem like it would ever present itself as a problem to anyone.
- It looks like an interesting project that deserves better differentiation.
- The voluntary burn-into-swap is a way to allow Ember holders a ground-floor opportunity to participate in this new project.
- Both bitcoin and ether have different market values, so one satoshi has a different monetary value than one ether.
Do you sell now and cut potential losses or do you hold and cross your fingers. I cannot advise you on that because it’s a very personal decision. Specifics of the burn procedure, including the exact ratio figure, will be released in the coming weeks. We have our CFO Desmond, an economist by trade, who is working on the best numbers for this figure.
We have even had a few people approach me asking me about the coin. It is terribly confusing, and I apologize, but at the time 6 months ago, it did not seem like it would ever present itself as a problem to anyone. EmberCoin (EMB) is the #3765 largest cryptocurrency by market cap as of December 30, 2024, with a market cap of $0 USD. Embercoin is a new cryptocurrency that will be used for the facilitation of purchases for digital services like web design, domain name registration and web hosting.
Consensus mechanisms verifying a database change weren’t brand new when Bitcoin was conceived. However, they made the idea of decentralized currency verification and control achievable. I ran across a coin that is staking at larger and longer than Embercoin. We all have seen how much return on investment Embercoin has given.
holders
It looks like an interesting project that deserves better differentiation. A coin which grows at a higher rate than your bank account does. Our cumulative interest model means you truly have an asset that increases in value so over a period of years your coin will mature into a savings pot. Privacy is paramount for Chártis, which is why every user will be able to control what data is publicly written to the blockchain.
Coin Marketplace
- Just want to be 100% clear as there IS some confusion in some people’s eyes.
- Ether has more denominations, but these are used the most.
- The money is converted to satoshis or bitcoins, which you can use at merchants that accept them as payment.
- Therefore, the ratio is dependent upon when the burn will happen so that we can hit our Chártis total supply target.
- Embercoin is said to give up to 10% staking rewards per day!
The satoshi is the lowest denomination of bitcoin—there is 100 million satoshi per bitcoin. The denomination was named after Satoshi Nakamoto, the person or group who invented Bitcoin. It is easier to discuss increments of bitcoin in satoshi because they are numbers that people, in general, understand better. The block explorer provides an API allowing users and/or applications to retrieve information from the network without the need for a local wallet.
Exchange listings
At the time (Late Spring) it already looked to be a dead coin, with very little volume, and appeared abandoned.Then we launched and conducted our marketing and suddenly, Embercoin has come back to life. We had our symbol on EtherDelta changed for a short while to MBRS, but an update wiped that out and it reverted to the Token Contract default, EMB. This, right before going to Cryptopia, where Embercoin has made a very strong move the past week since we have been there. Some of it is, no doubt, there renewed marketing efforts. Some of it is, no doubt, due to concept that any coin/token can be pumped with enough effort.
How do I start Ember?
- Install Ember.
- Create a New Application.
- Write some HTML in a template.
- Define a Route.
- Create a UI Component.
- Responding to user interactions.
- Building For Production.
- Deploying your app to Netlify.
Absolutely incredible customer service and app is great for any experience level in crypto. I’m writing my first review ever on the web to commend the folks at Ember App for a very user friendly platform, but above all superb customer service. Put your cryptocurrency trading skills to the test for the chance to win Bitcoin.
Embercoin is said to give up to 10% staking rewards per day! The reason for this will be glaringly obvious to people who have been around the cryptospace for a while. Imagine even just a 5% daily inflation to a coin’s supply.
This means that it does not what is embercoin matter how many coins you start out with like Proof of Stake, or the money you can spend on equipment like Proof of Work. The rewards are based on the accurate charting done by contributors. Ether has more denominations, but these are used the most. Both bitcoin and ether have different market values, so one satoshi has a different monetary value than one ether.
EmberCoin Price
The main point of difference from existing GPS mapping platforms is that our data is on the blockchain, which means it is unchangeable, reliable, verifiable. Chártis is the first platform that will track and record the paths and positions of both moving and stationary objects and put them on the blockchain. This includes people, vehicles, buildings, property, satellites, and anything else under the sun. LeadershipATHENEUM’s masternode holders will be our board of trustees. They will vote on funding for improvements to the educational platform and incentives for content creators. These investments will strengthen the community and bring enhanced value to all holders of $AEM.
Please know that EmberCoin will be unsupported after the final swap period, and the entire existing EmberCoin team will migrate over to Chártis. This means that those who choose not to burn their EmberCoin into Chártis tokens will be essentially holding an abandoned coin. The voluntary burn-into-swap is a way to allow Ember holders a ground-floor opportunity to participate in this new project.
Cryptocurrency is a representation of ownership recorded in a database—without specific measures taken to prevent it, one user can transfer ownership of one asset more than once. Chártis will pioneer the use of a new crypto proof called Proof-of-Location, which will verify participating user’s locations and write them to the blockchain. Users contributing paths, position of structures, land, locales and more will have their charting work rewarded.
Having patience while being able to strategize and minimize risk while knowing when to make aggressive trades is definitely the key. From the looks of the trade patterns it looks like the few winners that were staking are getting ready to start selling off. It has to be your decision, however, if you are currently in profit I personally would sell. I just cannot see a good future for a coin with such a high inflation rate. If you are at a loss, however, it would be a tough decision for you.
Is Ember still used?
Ember is quite popular and is used by giants like TED, Netflix, LinkedIn, Microsoft, and many others. Their experience shows that with the right and educated approach, this framework can serve you well.