Bitcoin Forum

What happened to this privacy coin? -33.68%

coins with smaller marketcap can have such moves from time to time

These accusations - https://bitcointalk.org/index.php?topic=3055715.0

TL:DR version - team did not do almost anything, it is just shadowcoin with cosmetic changes .. TOR OBFSv4 integration is somewhat jerky .. etc.

Unless all of those are cleared up, XSPEC will continue to fall.

Dont get panic, just keep being patient and wait , the market right now its realy low , it will stable in the near future, al the coins will have a drastic change, try to watch less the numbers and focus on smth to take u mind a little and relax

it's a scam coin what do you expect. If you are still holding I would sell now before you are left with nothing.

I'm not holding, maybe wanted to buy.

This is the situation when large traders influence the market, and you can not do anything about it)

It's a scam coin 100%, this has nothing to do with manipulation, they've been sprung and now we see the result, do not buy this please..
Between the exposure to their lack of work shown on GitHub, developer being called out on lying about his experience, failed to release an update on time, delayed people another month saying it'll be done in Feb, now early march what do we see? No product and the developer claims he's not been working due to a death close to him and is having time off, now what do we see? the price going down heavy day by day, he won't short it, he will want the max returns he can get so the sell off will be bit by bit, day by day till it's done.

I really feel for the people who think they're buying it up at a cheap price right now.

Dis buy for more then  1000 dollar spectrecoin. It is not fun to see this. Would it  recover or is this coin dead?

Spectrecoin is susspicious because a lot of new members are shilling this coin. And a lot of experienced members don't believe in Spectrecoin.

But try to follow one of the most crucial rules in crypto: Never sell in loss.

Spectre will go up when market recovers.

Major Scam coin. 

A lot of FUDders and so many accusation for those are hating spectrecoin. Looks like another copy cat form shadowcash some people above me already said about that. The developer was copying and pasting the code.
But it looks like there will be another bump in the future. We are waiting for the developer's response regarding so many accusations to the spectrecoin itself.

Nothing he says can justify the little work done in 1 year, he's already "cleared up" his lie about 20+ years of development experience while only being aged in the 20s, he tried to explain it as a small exaggeration.
Wouldn't be giving false hope.

It'll probably continue to follow the same patterns, foolish people buying up thinking they are getting a good deal, smarter people selling down while day by day hitting new lows.

At this point I think Monero is the only legit "anonymous coin" project, everything else is doing pretty bad. Monero got the best technology, the best developer team, the best marketing team, the biggest community, the most market adoption... I can go on. Other anonymous coins really aren't competition.

I hope the situation in Spectrecoin is cleared. I think it's a better project than ZCash with their 20% developer subsidy, their technology which you can't trust and so on, yet it's way too high on the marketcap rankings. Other anon coins must take it's spot.

It wasn't actually bad privacy coin but its probably affected by current market situation which is bad.
Altcoins are getting ruined nowadays, as holder I feel very bad as I also lost too much on different coins but I am sure time will come and coins will recover.

Fun should begin in the second quarter of this year, when wallet 2.0 will be released, then there should be a huge pamp, we already know cases when the coin was making x100 per month, maybe Spectrecoin will set a new record in this plan and make x300 per month, who knows?  In any case, the project is very promising and you will not be exactly in the red, even if the worst scenario is 20-30 $ it will definitely cost, and if the time is not longer, we will easily see three-digit figures in the price list.  So HODL, especially since it was not so long before the main chip appeared.

Spectrecoin is not a worthy project so it will happen in Crypto market. I think all the investors are looking to good another coin so many of them drop this coin. But we don't predict anything in Crypto platform again it will pump all are again supporting to this coin. My policy is everything is an temporary coin we only aware and secure ourself.

xspec is a big risk coin.

It is not only XSPEC, the whole market of altcoins is bloody today. It is because Bitcoin finally broke out. This is part of the crypto cycle.

It's noy dying but it perfect time to buy this coin,just positive thinking holder will rich later,sure

I'm going to take this opportunity to add to my holdings. Xspec will recover and then some.

Hmm, I am glad to hear that. But I just want you guys to know that these days, there are a lot of scam coins. A lot of developer want to get a short-profit so they create a strange new Altcoins that will fool many people. That is why I do not really like some new Altcoins. There are Altcoin that going scam after get a lot of investors. There are Altcoin that the price is increasing but soon after that going down and disappear from the market. There are also some Altcoins who just trick us and do not really want to develop it correctly. So I think I should tell you guys to be careful and do not invest all your money into one coin.

Sadly, you are right. Most of the ICO are scams these days like you said. Hopefully, this will change soon. We are the ones that can change that. We, investors & bounty hunters determine the trends and the more we know how to spot scams the less they get attention. Give it a year at most, things will change drastically.

To those saying it's a great time to buy or it's just market state please read this thread about XSPEC

https://bitcointalk.org/index.php?topic=3055715.0

It's a 100% scam coin, if that thread doesn't make sense and you still want to buy it then go for it.. can only lead a horse to water.

I encourage anyone thinking of buying to wait until 1.4 is released. But once (if) that happens the price will probably be $1-$2 higher than it is now. JBG (the lead dev) on the discord* said that they're now looking into bringing on an outside developer with C++ experience. Hopefully that will kill some of the FUD being spread around, I know it will quell some of my worries. Still lots more to prove, but I'm patient and I think it will pay off.

Anyone telling you with 100% certainty that this is a scam has ulterior motives, just as anyone telling you that Stealth Staking is 100% a sure thing also does as well. Do your own research, wait for more meaty releases, and make a decision on your own accord.

jbg has made far too many false promises and lied too much in the past, do you believe him?
Also it's easy to prove a coin is a scam by looking at a years worth of development and release claims, it's not rocket science and it doesn't involve ulterior motives, it's just people not wanting to see scam projects, pretty simple isn't it?
You're right on stealth staking though, we only have "his word" to go on with this one.

Price was higher at this point yesterday vs today, my guess is it'll go down in to the 5k sat range today.

The price of the spectrum will never reach the indicated heights. Neither technological solutions nor capitalization of the market will not help it become ideal, so we saw such a fall, and this is only the beginning.

I do not know if it's really scam, but it scares me to invest. The decline in price is very strong and I do not think it is a buying opportunity. Although there are many investors in the forum, unfortunately negative comments are said more

to many retards just like op.

It's not a scam and it's not dying. Might as well pick some up while the price is cheap. That is what all the fudders wanted anyway, to pick it up cheap. Hell I don't care I'll buy some more while its down to and wait for the rebound.

Can't say i'm surprised.  The brainless shilling that went on for quite some time probably makes that a lot of people are facing severe losses now.  it might recover but i would be very carefull in buying the dip.  The fact devs have not been honest about their own background, rumours about copied code, etc are major red flags for me.

Another case of dyor.

I think this is all far over-blown.  First of all, SpectreCoin is a community - its survival does not hinge solely on one or two developers.  Ultimately, I don't find most of the attacks that valid.  Any new code being written isn't going to be stored on Github - why would they do that?  When it's ready, it will be rolled out and added there.

I also wonder why people are so Hell bent on bringing it down.  I don't go FUD on all the projects that I am not invested in - or don't like.  My personal experience with this coin has been quite positive.  The wallet and staking has been quite user friendly.  Sure, it shares a lot with ShadowCash - why should this be a surprise to anyone, it's essentially a spiritual successor looking to improve on what was started.  While there is always risks investing in smaller projects, I think this one will be fine (in fact, I think it will thrive) in the long run.  I've been buying.

Exactly. Someone is going out of there way to spread FUD about XSPEC and drive the price down. The lead dev wasn't on discord for a week or so because he lost someone close to him which is perfectly understandable but they took that opportunity when he wasn't around to attack the project. And it was definitely coordinated and very low thing to do. XSPEC is a great project and will have a great year even after this FUD campaign. All that did was shake out those with weak hands anyway.

there are still many coins in addition to Spectrecoin the price plunge to the bottom, in my opinion Spectrecoin for the time in buy, because it is almost down to the base price point, it is very profitable to buy at a low price

i think the price will rise again and go to 5$ very soon .

Read some reviews online about spectrocoin - people saying they are unable to withdraw any money out.
Looks very shady..

And why do you think that?

This relates to the exchange and has nothing to do with spectrecoin.

if you really trust the project, just buy it. if you doubt, use a little capital. maybe 4-5 % from your total capital. that thing can answer your curiosity. just make it simple

I don't believe this coin is has any problems and the current corrections thus not signify the end but provide opportunities for the new investors to come into the market. Spectecoin has a small market capitalization and those types of coins do have some wonderful price move time to time. 

I have not believed in this project since it started selling ICOs because of a lot of non-transparent information about this project. Failure to follow the DEV route is one of the reasons Spectrecoin loses investor confidence and is a very bad thing for a developing project.

If you look at the charts like you said you can see that the Spectrecoin is already on the rising curve. The drop down was the perfect time for the new investors to buy low. I believe that because of that fall in the price Spectrecoin demand has tripled. I don't know the real reason behind so big drop.

I remember their whitepaper which I have read when the project was still in the ICO phase and it was for sure promising so I don't see why would this coin die. The developers were thoroughly committed to the project and there is no reason that the scammy business is involved here.

You have read their whitepaper? Are you seriously? They don't have any whitepaper!  ;D

Disclaimer: I am invested in XSPEC

Yeah XSPEC is a huge risk and may struggle to see any significant growth in the near future, but I don't see why you are all calling it a scam. It has a working product. Multiple warnings have already been given on this forum so it's up to the investor at this point. Those holding on are already aware of its community and purpose and we will continue to believe in it. Keep the FUD coming, just lets me buy more :)

spectrecoin is a scam, they are scamming their customer for telling the customers that the money they are using is fraud. you can check this link.

https://bitcointalk.org/index.php?topic=1515839.0

look for a better coin to invest in.. goodluck.

I was expecting so much from this coin sadly. I didn't invest any so I don't lose.
But it is so sad to watch this kind of good project to fail while Verge went to moon.

I'll never defend Spectrecoin as I've already stated my views.
But mate, you've linked Spectrocoin, slightly different even though similar names ;)

a reasonable case occurs when an ICO is finished then the massive sales will occur and cause a coin price down drastic. It is a little too hard and do better-holding coins only in months ahead to high price again and will start to stabilize.

The Spectrecoin problem it solves is broker driven financial fraud in trading. Financial fraud in trading costs billions to consumers and livelihoods every year.

This coin is pumping again. But i think the price is down again. I will buy some XSPEC when the price under 0.3$

Today spectrecoin rises 29,83%. Its awesome pump! I think it's too late to invest. Prices will drop back instantly if i invest :D
I do not know if it will be back to its old prices, but the investors will be a little relaxed :)

I would be very carefull, all the signs points towards scam. Otherwise I would've bought immediatly.  :-[

Spectre will take off in the coming months. first we need more patience and wait for new wallet version. when you compare spectre both technically and financially to other major privacy coins you can see some positives. to me it looks more sophisticated to other privacy coins.

It already took off in december. But now I will wait and see if the project is scam or not...

All the scams allegations are because of the lead developer claiming many things but without providing proofs of anything of what he claims, and then also proved wrong in some of them. He's also a proven liar. And there is no tech, as he's not really working on the coin, check his 9 months of work in github, not much.

Read also my thread if you haven't: https://bitcointalk.org/index.php?topic=2839833

You put a lot of energy into this.
You made your point, but now it starts to get annoying.

What are your intentions?

Do you really think that spectrecoin is a scam?
Because I don't think so.

I think its not dying, the whole market is red, but now its going back to green!

spectrecoin is not dead this is just a matter of time and unstable market, so I think the current price of spectrecoin is unstable and the market is in low price.

11 days and there is not 1.4 yet. Also 1.4 code is still not public. jbg disappeared again. He announced news about 1.4 for the third time and hasn't given any. Call it as you prefer.

And the reviews say that for all the time of work, there have not been any major disruptions. Services are provided qualitatively. The interface is clear and convenient. The level of security is also at a high level. And the price is well, it's temporary, we hope for growth in the future.

Looks more like a pump and dump than a scam. I feel sorry for you if you bought it at the top, the price just keep on going down in USD value and also in sat value. All my alts are down so it's not so bad

Volumes fell very much. Price, too. I planned to buy this coin on a drawdown. What is the reason for such a strong fall?

Bitcoin dropping + Lack of a release + FUD.

Check out XSPEC's 7-day graph compared to other popular coins, the graph is virtually the same: https://ibb.co/nNtTVH (https://ibb.co/nNtTVH)

Could you tell me which of those is Monero vs Spectrecoin vs Bitcoin? Probably not and even on longer time-frame graphs you can see that XSPEC follows a similar height and drop as many other altcoins since most alts are so grounded in Bitcoin. Basically, once Bitcoin goes back up, and a new XSPEC release drops relieving some doubt, it will likely return to the $3 it was hovering at before the Bitcoin fall. XSPEC is high risk, high reward. Do your research on all the features and FUD before you invest.

But what do I know, I'm just your typical XSPEC shill ¯\_(ツ)_/¯

Does the business model have any underlying revenue generation or value support for the coin.
Or is it just a utility token with no real use?
all coins need to be used in a way that creates value (e.g. mining, lending, payments)

Stop trying to compare this to Monero, it's like trying to compare a pile of shit to a gold bar

Volume says it all, it's declining day by day, price dips happen in relation to BTC but can you explain the volume going to complete shit?

Spectrecoin (XSPEC)
Market Cap
$11,610,254 USD
1,345 BTC
Volume (24h)
$12,218 USD
1.41 BTC

Yep, you are just a shill.

Volume was doing okay and actually rising again until Bitcoin broke sub $9,200. It had been at $48,000 and then went to $100,000+ until Bitcoin shit itself again. Price has been dropping with BTC so no one wants to trade. As far as I'm aware, the amount of staking coins have been increasing. No one was comparing XSPEC's features to Monero's features, I was simply using graphs to show they experienced similar drops in accordance with Bitcoin. Not surprised that went over your head.


Good questions. XSPEC is a privacy coin so the main goal is to be able to send coins privately without being traced. Currently it works, but stealth isn't default. Someone being able to send money back home to their parents in another country, often in a region where it might not be allowed, is a possible use-case. Its a PoS coin with a 5% return so as long as the value is decent, accumulating and holding is profitable. XSPEC has some plans in the future to implement a thing called Spectrecash, but thats way down the line and not really on the agenda for now.

I dont know whether it is a scam or not, but anyhow you invested so dont panic and sell. I would suggest if you can affort this loss wait for some more days by holding up this coins until the market comes up. If market rises then you can sell. Patience can hive you some profit.

It is a bear market at the moment and all the coins are suffering and seems to be dying especially in the lower market cap coins. There is no confidence no volume in the market to make the coins go up. 

Many coins rather almost all the coins in my portfolio have retraced more than 50% from its ATH some of them almost retraced 80+% so if you believe in the project just HODL that is the only option left at the moment because selling at this low will be a mistake.

Indeed, coins with the lower market cap are suffering, but I think that now is the best time to invest. I believe in privacy coins have a better future than the regular ones.

It's official.  

XSPEC = DEAD


Prediction (Mid-December)


December 2017  = 1.44

1 month  = 1.20 (JAN 2018)

3 month  = 0.90 - (MARCH 2018)

6 month  = .30  - (JUNE 2018)

1 year     = .01 (DECEMBER 2018)


Current Price (MID-JUNE 2018 $0.20)   :o :o :o :o :o :o :o :o :o :o :o

This SCAMCOIN got a few people, but I was lucky to warn some people to stay away from it!



PS:  Watch out for trolls to try and talk up this coin.  You can read my history where my predictions are correct and there are people with fake accounts on here trying to talk good about this coin.  BitcoinSkull is one of them with fake accounts.


Use good judgement and think rationally!  ;D

Guess you were wrong. Big surprise there  ::)

Its dead and become one of the other shit and dead coins in the market. No more telegram. No more team as the group is in-active to promote the market them its official that the project is dead. Expect more of this in the coming days because the bearish market is still in effect.

First of all, coins with low trading volume are very likely to change their prices rapidly within a short period of time. Secondly, privacy coins have no bright future, because if we would achieve the mass adoption, privacy coins would need to go.

I think still you don't know that spectrecoin (XSPEC) is a scam coin it’s already proved by one member created scam accusation with proper evidence. Also this project looking very suspicious like it’s not listed in any real exchanges but in the bearing market trading volume is not bad i think. Whatever It’s almost dead project so be careful before investment with this project.            

Not dead yet the value is 0.1 $ each token but the marketcap too small for what they raised from the ICO.
If its true that the telegram has been deleted i  am amaze how this coin still alive even though they investors know they are scam already, market manipulation or no one is selling any more?
The announcement thread still active and give new more updates from thier project so not dead yet.
And there is hardfork happen last month
More information can be seen here https://bitcointalk.org/index.php?topic=4434053.0.

There are many negative vibes about this project, it's because Spectrecoin had some suspicious activities last year, that's why price fell down to death. But I don't think XSPEC has scammed us.
If you research now, they have some big updates recently. Such as Spectrecoin listed on some exchanges recently, they had a fork, Spectre v4.x released and so on. You may all these updates on their twitter handle or in ANN thread.