I'm going to back smooth up and validate his claim that it wasn't just insiders.  I mined tons of bitmonero during the first week well  before the name change to monero.  I think there were only a few of us mining.  Noodledoodle, mickeyminer, and myself likely got the most.  I ended up selling what I mined for about 80 btc total in the end.  I sold most of that off when btc was around $600.  I don't have a single monero now but it was the coin that made me love cryptocurrency.  Talk about being in the right coin at the right time.  Nobody was mining it because it wasn't the standard coin.  People looked at it and dismissed it.  I'm glad they did.  

I know for a fact that   thankful_for_today released bitmonero fair.  Some of us mined it but most just ignored it.  What happened after that and the way that they took the coin from thankful_for_today is questionable.  But the launch was fair and the coin was basically ignored while some of us mined it.  It wasn't until the questionable takeover happened and an exchange was made to trade it that the value went crazy.  But as far as the launch is concerned it was a fair launch and anyone had a chance to mine.  

Here's the original bitmonero thread https://bitcointalk.org/index.php?topic=563821.0

So what does this coin offer?  Is it just a clone of Darkcoin or does the developer have plans and can deliver?  Why would someone want to invest in this coin?  I like the fact that the early distribution is better than what it was cloned from.  But without a definitive plan going forward and a developer able to implement new features I don't see this going anywhere.  Provide me with a reason to invest in this coin and I will. 

I agree with you.  SPR was a noble endeavor but it failed once the main dev left.  It's unlikely that SPR will make a come back.  Any decent dev would just fork it and start a new coin and chain.

This coin however has at least a glimmer of promise.   

Have you setup a testnet to test the functions of this coin?  I have read through the thread and didn't see any reference to one.  If not I think you should.  Thinking of taking a position in this coin but am still on the fence.

I'm probably off in my figures.  But to be honest I don't think it really matters that much.  The name change is just marketing.  It doesn't bring any technical innovation or add anything new to the coin.  The pump that followed is unsustainable because in the end the coin is what it was before just with a different name.  There are some coins that have cloned darkcoin but I don't see any of them gaining any traction due to the lack of talent at the developer level.  There is one coin that seems to be doing something with masternodes and banking but I don't know if that is a Darkcoin clone.  I haven't looked at the code yet but it's something to keep an eye on.  You likely know what coin I'm referring to.  We'll see how things play out.  

Damn, I'm 8 hours south of you.  Problem is I might not be able to cross the border.  Got in some trouble back in the late eighties and Canada is a bitch crossing the border.  I've made it across before but have also been detained and turned away.  I've pretty much decided it's not worth the hassle.  It's nice up there and all but not nice enough to spend a day detained at the border.  If you ever come south send me a PM and I'll give you a tour of all the good microbreweries south of you down here in the good ole US of A  

Everyone knows about this.  At least 70% of Darkoin/Dash is controlled by five or six people.  They work hard at keeping it in the top ten and actively manipulate the market to influence the price.  We just had a spike in the value due to this manipulation but it is unsustainable because they are not willing to risk pumping more btc into the coin to keep the pump going.  Buying and selling to each other only works for as long as they want to pump btc in.  Without new btc the pump runs out.  There are no new buyers putting btc into Darcoin/Dash.  The name change/marketing ploy was setup to draw as much as they could and cash out some of their holdings.  Anyone buying Darkcoin/Dash now is likely to never see any significant profit and could end up losing some of their btc if they're not careful.

Thanks for the respect.  I have a tremendous amount of respect for you as well.  Although yours is much more deserving than mine.  I've been quite a scoundrel on occasion.

We'll see what plays out with this new Darkcoin/Dash.  I've liquidated my holdings in Darkcoin/Dash.  I could be wrong but I think I timed my buy and sell perfectly.  Of course if Darkcoin/Dash goes up I could have made more.  I'm content with what I've done and the pump is likely over.  You can't sustain a rise without something to back it up.  All I see is a name change and some additional marketing.  Nothing that would make me hold longer.



  

I don't think I was ever your enemy.  I never wished you harm.  This crytpo drama is just that.  Do you have a Cabernet?  My choice of wine.  If not a Merlot or will suffice.  I know the northwest has some excellent whites but I'm a Cab guy.  But of course I'll taste any of your offerings.

You mention the Northwest.  We might be neighbors.    

I would like to thank Darkcoin and the people behind it for funding my extended vacation.  I am looking forward to enjoying the upcoming summer and the trips I will be taking funded by profits from trading Darkcoin.  At this point I do not care about the launch, distribution, or future of Darkcoin.  All I care about is the profit I have recently made.

What people need to understand about crypto is that none of these coins are ever going to see any kind of widespread adoption as a form of payment.  They are all just speculative ponzi investments.  One thing I know is that whenever you have people with the financial means and a determination to make a profit they likely will.  That's why I bought back into Darkcoin back in early February.  I knew a pump was coming and all I needed to do was sit back and wait for a little while and I would double my money.  I did just that.  I doubled my money.  My only regret is not risking more but I like to stay diversified so I never put all my eggs in one basket.  It's a strategy that has proven to be successful for me and one that I will never change.

I plan on using some of the profit that I have recently made off Darkcoin to make several trips this summer.  If anyone wants to meet up for a drink I'll be in Manhattan, Orlando, Ft Lauderdale, Chicago, New Orleans, and Los Angeles for sure.  My plans might change slightly because I might just drive across America.   It's something I've always wanted to do.  But I'll be in those cites at some point for sure.   PM me if you want to meet for a drink.  I might be driving through you're town.  

  



  

Since you asked, yes I have.  We ride all winter in dry suits.  Was just at the boat show earlier this month looking at boats.  This summer is going to be a good one.

Ha ha.  You have proven your ignorance.  Why would I fud a coin that I'm holding.  I'm starting to see a pattern though with this coin and darkcoin.  All you darkcoin guys  have jumped that worn out ship and are trying to replicate the same shit you did with darkcoin.

I  await your  army of sockpuppet accounts to immediately coordinate an attack calling me a fudster even though I have said nothing bad about Spreadcoin.

I was right about darkcoin that's why slime like you are now hijacking this coin to push your ponzinodes on everyone.

I stated some time ago that I wouldn't turn this thread into a repeat of drk.  Now you just had to be a stupid fuck and accuse me of things I have nothing to do with.  You are a worthless scammer.  It's people like you that will cause me to dump all my spread.  There are others that are ready to do the same.  I know because I have been skyping with a few.

Now be the good little scammer we all know you can be and shut your ignorant mouth before I  get annoyed.

What's the address for the contributions and how are funds being held if I were to donate?

Thanks

MyFarm, I really appreciate your thoughtful and non aggressive response to my post.  I stated earlier in this thread when I saw many Darkcoin people getting involved that I didn't want and wouldn't provoke a repeat of the nonsense that went on in the Darkcoin thread. I meant it.   Discussion is good as long as it is constructive and civil.  I sometimes stray from that myself as I am human with flaws but I try and be objective as hard as it is sometimes.

You do bring up several points that are worth noting. 

masternodes that do not rely on reference nodes is something that I could get behind and support.

That the fundamentals of Spreadcoin would be superior.  I agree with that.

Regardless of masternode implementation I am concerned with mining disparity because I am 100% certain that there is an optimized miner in use giving an unfair advantage to a few.  Because of that I think that getting some of those optimizations available to the masses is extremely important for this coin.  I think masternodes should take a backseat until then.  I know Wolf0 sells to the highest bidder and I have no problem with him profiting from his work.  On the other hand those high bidders typically dump what they mine.  That is a good thing for those looking to buy coins but it makes mining worthless for others.  One of the key things with this coin is the fact that is is solo mining only.  Give a few people with large farms an optimized miner and any value just keeps getting dumped on.  I watched another coin I mined from the start get dumped into oblivion by Cbuchner and his optimized miner.  It took the work of some very unselfish people to even that playing field and release an open source miner for everyone to use.  Once that happened the dumping stopped as the playing field was equaled and the profitability was negated and they moved on to another coin.  So I think priority number one should be getting an optimized miner for everyone not just those willing to pay for it.  I took some heat in the Darkcoin thread for stating that it was a certainty that X11 FPGA's were in use.  Well that turned out to be true and had been going on for some time.  I think that has had an extremely negative effect on the value of Darkcoin just as it will with Spreadcoin if something isn't done about it. 

Anyway, Spreadcoin is doing something different and I like that.  I just would like to see it stay that way with an equal playing field.  The private miner makes things unequal.

 

That's not entirely correct.  That all depends on the price which someone bought in at.  At one time DRK was almost ten times its current valuation.  People that bought in then are merely recovering some of their investment and are still underwater.  DRK was pumped to unsustainable levels.  I hope that doesn't happen to Spreadcoin but I am seeing the same thing that happened with Darkcoin happening in this thread and many of the same people that were adamant that Darkcoin would replace litecoin for the second spot have now moved to this coin.

I'm not convinced that masternodes are the right path forward.  They have an element of centralization about them.  If there was a way to limit how many nodes a single entity could operate that would negate much of the centralization factor.  But there isn't and it looks like a few entities will control the majority of masternodes if they are implemented.  Just like Darkcoin where there are 1800 masternodes but also people running dozens to over one hundred.  The same thing will happen with Spreadcoin.  The amount of masternodes is meaningless when there are several entities controlling a large percentage of them.    I also don't see the need for Spreadcoin to be an anonymous coin.  That's more of a niche market and not something for mass adoption.

I think reinforcing the solo mining aspect and ensuring that all miners are on an equal footing with mining software is more important to maintain the decentralization that this coin was touted as having in the beginning.  Currently there is a private optimized miner and a rush to implement masternodes that will only increase the centralization of this coin.

I hate to rain on anyone's parade and I was mining this coin in the beginning so I would benefit from a substantial increase in value.  But please lets not turn this into another pump and dump coin.  That only benefits a few and harms those that come in later when the value of their investment evaporates and people move onto another newer coin and repeat the process all over again.  From what I have been reading there are those that are trying to steer it down that path.

I'm not fudding I'm just voicing my concerns and opinion.  I have seen many coins come and go.  All hyped all dumped.  I started mining this coin because I have a distaste for pooled mining and this coin was solo mining only giving everyone a chance to mine coins.  Now some of what made this coin unique is being eroded due to private optimized miners and a rush towards centralized nodes.  I heard the same arguments in the Darkcoin thread about masternodes yet I haven't seen the mass adoption or increase in value that many claimed would happen.  Some of those making those claims are now in this thread making those same claims.  Those claims have not been met with Darkcoin so I don't see why it would be any different with Spreadcoin.  If masternodes are such a great thing then why not invest more in Darkcoin?  It already has "first mover" advantage, an established community, a team of devs, and a plan going forward that includes masternodes at the core.   So at this point I'm not convinced in the viability or need for another anonymous coin using masternodes.  Masternodes also take away from the miners.  So if you're a miner you lose while others get what was taken away for merely holding a certain amount of coins on a $7 a month VPS.  

I think MrSpread needs to make a decision on the future for this coin and let everyone know so they can either get on board or depart.  I'll most likely hang onto my coins either way but others might decide otherwise.  Emulating Darkcoin in my opinion is not the best path to take.  I will say it again though, making sure everyone is on equal footing with regards to mining software is much more important than rushing to setup a masternode network so a few large holders can setup as many as they can and just sit back collecting Spreadcoins.  I personally am in a position to setup many nodes so I am actually arguing against my own potential future profits.  It's just that I believe completely in decentralization and I see that slipping away.

It's a certainty that there are optimized miners unavailable to the general public.  Can you improve on the miner you've released?

Thanks for posting this.

As you should be.

Foundation = centralization

Centralization:

The concentration of administrative power in a central government, authority, etc.


You've decentralized the mining aspect of the coin by negating the mining pools.  No need to change that mindset with other aspects of the coin.

Dude, it's a little late for an ICO.  People are already mining and the coin is on an exchange.  

The best thing you could do would be to take a premine and burn the rest of the coins.

If you wanted to do an ICO then you should never have allowed mining to start.  And besides the coin is already being traded on an exchange.  How do you have an ICO for a coin that is already being actively traded?  It won't work.




That is too high

Oh my, she's a real smart one isn't she.

Ha ha