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501  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPR] SpreadCoin | True Decentralization (No Pools) on: January 26, 2015, 05:53:11 PM
Mr. Spread, from here out, my suggestion would be for you to ignore the trolls.  Spreadcoin threatens a lot of established coins and as such, people are going to FUD.  It's actually a sign that a coin is beginning to mature.

That suggestion actually goes for everyone, but I realize that's not going to be the case.  I personally have better things to do than respond to trolls (people with legit, hard questions are not trolls for the record, sometimes people get the two mixed up).  If you have time to respond to trolls, seriously, get a hobby.

None of this matters.  All that matters from here is whether masternode implementation is successful.  If it is (keep in mind there will be bugs that will need to be worked out) then we'll be laughing at the people who sold at these levels.
It's not troll,http://spr.nonce-pool.com is here,
MyFarm,test it and don't mislead the community before you confirm this fact. Grin Grin

Even IF it was real, no pools was never a huge selling point for me.  Darkcoin was originally billed as a CPU only coin.  When it was proven GPUs were being used, there was panic selling and I soaked up about 75,000 DRK for insanely cheap because in the end, I knew that wasn't what was important about Darkcoin.  The same holds true for Spreadcoin.  No pools, while neat (and lonecrouton loves), isn't the most important thing for me.  Successful implementation of an improved masternode system makes this a VERY valuable coin by a highly skilled dev.  No pools?  The market determined that valued this coin at about $150,000.  *yawn*
502  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPR] SpreadCoin | True Decentralization (No Pools) on: January 26, 2015, 05:34:48 PM
Mr. Spread, have you determined the max number of masternodes that will be allowed as of yet?  And what percentage of the block reward will go to masternodes?
503  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPR] SpreadCoin | True Decentralization (No Pools) on: January 26, 2015, 05:32:14 PM
Mr. Spread, from here out, my suggestion would be for you to ignore the trolls.  Spreadcoin threatens a lot of established coins and as such, people are going to FUD.  It's actually a sign that a coin is beginning to mature.

That suggestion actually goes for everyone, but I realize that's not going to be the case.  I personally have better things to do than respond to trolls (people with legit, hard questions are not trolls for the record, sometimes people get the two mixed up).  If you have time to respond to trolls, seriously, get a hobby.

None of this matters.  All that matters from here is whether masternode implementation is successful.  If it is (keep in mind there will be bugs that will need to be worked out) then we'll be laughing at the people who sold at these levels.
504  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPR] SpreadCoin | True Decentralization (No Pools) on: January 26, 2015, 05:12:05 PM
THAT was the panic selling I was hoping to see!

Outstanding.  We're ready to move forward now that non-believers have their holdings lessened.  Let's bring on the masternodes.
505  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPR] SpreadCoin | True Decentralization (No Pools) on: January 25, 2015, 11:43:52 PM
Great news!  Thank you for all the hard work.

Mr. Spread, are you able to release the minimum required SPR for a masternode as of yet?
This minimum doesn't mean much because price will go higher anyway. 100 SPR looks reasonable.

Thanks!  Have you decided on the max number of masternodes?
506  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPR] SpreadCoin | True Decentralization (No Pools) on: January 25, 2015, 11:18:43 PM
Great news!  Thank you for all the hard work.

Mr. Spread, are you able to release the minimum required SPR for a masternode as of yet?
507  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPR] SpreadCoin | True Decentralization (No Pools) on: January 25, 2015, 11:01:34 PM
I don't think that is actually sitting on Bittrex.  I think that is referencing the block explorer but I don't know for certain.  All I can tell you is that I see my amount on the list but I do not have my coins on Bittrex.  Anyone know better?

They're on Bittrex.  The 68k is me.  I've just been lazy about taking them off the exchange since buying them.

You won't see any of them being sold for a long, long time.

Hrmm ok - It was weird.  The amount I saw was not exact to mine I just thought it was close enough.  LOL - thoroughly confused.

I see you sold a few hundred not too long ago; I remember the balance being around 69,000 a few weeks ago.
Good to know who they belong to; I know you believe in this project and will not dump SPR into oblivion  Wink

No, I've been paying some of the bounties and giveaways with the balance.
508  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPR] SpreadCoin | True Decentralization (No Pools) on: January 25, 2015, 10:55:12 PM
I don't think that is actually sitting on Bittrex.  I think that is referencing the block explorer but I don't know for certain.  All I can tell you is that I see my amount on the list but I do not have my coins on Bittrex.  Anyone know better?

They're on Bittrex.  The 68k is me.  I've just been lazy about taking them off the exchange since buying them.

You won't see any of them being sold for a long, long time.

I know you might have been around for a while but do not let your coins sit on an exchange if you can't afford to use the.

You know about Mt. Gox, Mint Pal, Crypto Rush etc....

Yeah, pretty dumb of me.  Just been lazy.  Thanks for the kick in the ass.
509  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPR] SpreadCoin | True Decentralization (No Pools) on: January 25, 2015, 10:24:53 PM
I don't think that is actually sitting on Bittrex.  I think that is referencing the block explorer but I don't know for certain.  All I can tell you is that I see my amount on the list but I do not have my coins on Bittrex.  Anyone know better?

They're on Bittrex.  The 68k is me.  I've just been lazy about taking them off the exchange since buying them.

You won't see any of them being sold for a long, long time.
510  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPR] SpreadCoin | True Decentralization (No Pools) on: January 25, 2015, 08:57:03 PM
Anyone know why people are dumping their Spread? I thought that the cost of mining this coin was more than 50k a coin? I'm not complaining I mean it's more cheap Spread for me but I'm just curious as to if there is a means behind this sudden onset of miners dumping the coin?

It's actually a really positive thing.

1.  It is a decrease on very low volume and has caused a few weak hands to sell.

2.  Nobody that has any real quantity of SPR has panic dumped showcasing that the people in this coin believe in its potential.

3.  The amount of BTC it would take us to get to our old highs is miniscule.  There's no overhead resistance until we get to 70.

4.  When masternodes are released and shown to work well, I think we'll have a HUGE rise.  The lower we go before that point, the higher the percentage gain will be on coinmarketcap.com and thus the more attention we will get.
511  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPR] SpreadCoin | True Decentralization (No Pools) on: January 25, 2015, 08:26:20 PM
The only reason Dogecoin is still viable is because so much of it has been given away.  Early adopters giving away coin is extremely important.  The more people who own your coin, the better.
512  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPR] SpreadCoin | True Decentralization (No Pools) on: January 25, 2015, 07:19:56 PM
I must say that I do enjoy having SPR around and I am excited to see what happens.  I am not investing in it though, as I donīt see the added value proposition in terms of the end user compared to DRK.  The differences are of form,  do the masternodes a little different, do the mining a little different, but nothing different than DRK or BTC for the end user. For now the only end user directed feature I have heard of is copying InstantX from DRK, but DRK already has that. So no original added value from an end user perspective yet, lets see what the future holds.

On the other hand, I dont like investing in anonymous developers and also I have the feeling that some early holders have more power over the project than the developer himself. So in the end, I wouldnt know who I am entrusting my money with.

The last thing that I would say is that the DRK holders that are here have all their bases covered, they already own nice amounts of DRK and is not like they sold those to hold SPR. So the newbies here should be careful and do the same and cover their bases buy some DRK.  Some of the DRK holders here see this as a side investment if it does not go well they still have their DRK so they are OK if it goes well they make some profit, so they don't have much to loose.

 Other DRK holders saw an opportunity to buy lots of this really cheap and promote it as an alternative within the community and then others bought that idea as they could buy more of this than they could DRK and are hoping for rewards. Those are all very good valid reasons to take a risk, but again, they all have their bases covered. If you are a newbie here with no DRK holdings you are assuming a greater risk than they are and that puts you at a disadvantage if you have decided you want to support this coin you must hedge your investment and buy some DRK, since for now it is trying to be a copy of a much more established coin, it makes no sense to only hold the copy.  The ones that hold the original and the copy too, have all their bases covered are doing it right. The ones that only hold the copy are running a greater risk and are at the hands of the first group.

Good luck with the project, lets see how it goes.   I am staying with DRK though a lot more to do still. Cheers.

I appreciate your reasoned perspective and mature approach, thanks for taking part in the discussion.  A few things:

1.  Mr. Spread is very likely anonymous because cryptocurrency isn't legal where he resides.

2.  Very recently in the thread I made a suggestion on the direction Spreadcoin should go.  I own a boatload of SPR.  Mr. Spread said no.  I'm not used to being told no and my very first reaction that lasted about 10 seconds was feeling very pissed.  But then a smile crept across my face as I realized the value of Mr. Spread being in control of the direction of this coin and having the strength to tell a large investor no (this is not common).

3.  I agree holding both DRK and SPR is a good idea.  See #4.

4.  I like people like you having skin in the game and we both agree on #3.  As such, if you'd like 1,000 SPR for free, PM me.
513  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPR] SpreadCoin | True Decentralization (No Pools) on: January 25, 2015, 06:53:39 PM
You just hate competition...

I for one love both coins, and think they will be of benefit to each other.

Actually, I love competition and so far, SPR isn't a threat (it doesn't have the network, the hash power, the market cap, the team size (talent pool), the distribution, the volume, and the innovation that DRK already has). Should Mr. Spread create some sort of improvement, I know Evan will use it, but I'm still waiting.

What I do hate is not giving credit where credit is due and the naive nature of nearly everyone in here. I'm going back to lurking until more BS is spewed.

At present, Darkcoin not only has reference nodes, enforcement is off because the network forks when it is on.  While I love Darkcoin and want it to succeed (and think it will) make no mistake, its position is highly vulnerable right now.  Any investor not hedging is not a smart investor.
514  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPR] SpreadCoin | True Decentralization (No Pools) on: January 25, 2015, 06:45:21 PM
Again, you don't even have masternodes setup as a network to provide tx locking. Are you really going to want tx locking on say 50 masternodes? 100? How many is enough to actually provide viable consensus? People keep talking like IX is right around the corner here, maybe it is, but I question sensibility without any pre-existing infrastructure to support its design. Lots of dreamers here, that's for sure.

Why dreamers?

Darkcoin made a powerful masternode network happen in just one year, and this with the quite hefty price tag of 1000 DRK per MN.

SPR masternodes will be more flexible, both in price and in installation requirements.

Plus, the darkcoin people will probably be most interested in running a DRK and SPR masternode side by side... why shouldn't they, if they already have the infrastructure in place?
Sounds like a nice additional profit without any large expenses.


So far, this is nothing more than a glorified clone. The no-pool thing is gimmicky without standing the test of time in terms of whether or not this really will prevent creative pools from mining. Besides, isn't there a miner (or group of miners) that control in excess of 20% of the existing network hash. How is that decentralized? Further, the current distribution coupled with lack of volume only indicates that when the masternodes do come into play, it's going to remain incredibly centralized with only a handful of parties involved. When you have people owning in excess of 7% of the outstanding coins, you have problems. Evan has already done the heavy lifting here, IX code is out on github and has been since November (iirc). People make it seem like Mr. Spread is superior to Evan in terms of ability when there hasn't been anything truly innovative here. The SpreadX11 came from a mistake in playing with the blocktemplate which is currently the sole selling point of this coin. Did he find a potential vulnerability in DRK, sure, but if you have enough eyes looking at various areas of the codebase, you're bound to find bugs and the likes on new code that isn't even a year old. When Mr. Spread actually does something innovative besides taking code that Evan and team has already designed, then I will be interested. Until then, its a glorified clone with a gimmicky idea that hasn't stood the test of time in terms of viability.

Hi Oblox.  As you asked me not to talk about Spreadcoin in the Darkcoin thread, does this mean I can come back?  Smiley

I'm going to let you in on a little secret.  At one point in time, I suspect that between me, Internet Ape, and Evan, we owned in excess of 30% of the available Darkcoin.

At present, I own a bit more than 7% of Spreadcoin.  Now, I readily admit that isn't healthy for any currency and have slowly been giving it away and utilizing it in bounties.  As masternodes are released, I will be giving a LOT away to help secure and diversify the network.

Over time, just like Darkcoin, the distribution of SPR will improve.  
515  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPR] SpreadCoin | True Decentralization (No Pools) on: January 25, 2015, 12:53:06 AM
Apparently whoever runs darkcointalk.org fears Spreadcoin enough to Rickroll all our links to the site.  

It's understandable, really.  I'd be worried too if I didn't own both.

If they had any brains they'd be here supporting the Masternode model, and making more money.  

And any future distributed storage/content distribution system will benefit from having more entrepeneurial MN ops out there from both coins. 3000 Darkcoin servers worldwide is a pretty good platform, but 6000 Darkcoin and Spreadcoin servers combined is going to be better. Might as well make use of all that bandwidth...  Wink

Indeed.  I hope the community and Mr. Spread get creative and figure out some really innovative utilization models.  Masternodes just plain open up so many possibilities. 
516  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPR] SpreadCoin | True Decentralization (No Pools) on: January 24, 2015, 05:54:35 PM
BTW, what's with the rick roll? https://darkcointalk.org

Apparently whoever runs darkcointalk.org fears Spreadcoin enough to Rickroll all our links to the site. 

It's understandable, really.  I'd be worried too if I didn't own both.
517  Alternate cryptocurrencies / Mining (Altcoins) / Re: Come mine Spreadcoin (no pools!) -- I will triple your first block! on: January 24, 2015, 03:08:49 PM
I hope I'm in 10 days time frame:

SUGdHFeS79xft9gPfYQddWdyCEeDsDJAUU


Sent

Thx,
In order of spreading the spreadcoin mining I'll publish the .bin I got running spreadminer on my kids Cape Verde 8850 notebook graphics card:

https://mega.co.nz/#!S8420JAS!rmdPN1dK-xzieRjz6Ez8Gqb0p0IcMKnswlaJtEx1nMo

Not a stellar performance though. Less than 500Kh/s with 825/1100 gpu/mem clock. Please everyone spread/share bins... Wink


Could you share that in the Spreadcoin thread too please?
I just started GPU mining. Is there any chance you could extend the 10 days a little bit? Wink

Sure.  I'll extend for 3 more days.
518  Alternate cryptocurrencies / Mining (Altcoins) / Re: Come mine Spreadcoin (no pools!) -- I will triple your first block! on: January 24, 2015, 12:05:07 PM
I hope I'm in 10 days time frame:

SUGdHFeS79xft9gPfYQddWdyCEeDsDJAUU


Sent

Thx,
In order of spreading the spreadcoin mining I'll publish the .bin I got running spreadminer on my kids Cape Verde 8850 notebook graphics card:

https://mega.co.nz/#!S8420JAS!rmdPN1dK-xzieRjz6Ez8Gqb0p0IcMKnswlaJtEx1nMo

Not a stellar performance though. Less than 500Kh/s with 825/1100 gpu/mem clock. Please everyone spread/share bins... Wink


Could you share that in the Spreadcoin thread too please?
519  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPR] SpreadCoin | True Decentralization (No Pools) on: January 24, 2015, 04:42:09 AM
Does anyone think that SpreadCoin will reach 100k before the end of February? I'm noticing that we are now already holding 60k a coin pretty stable Smiley I really hope that Mr. Spread continues to develop this coin the way that he has and that the community continues to grow and grow Smiley
It'll all depend on when and how well masternodes are implemented.

Speaking of which, judging by bittrex today it looks like some are getting antsy and impatient waiting on Mr. Spread's good word.
What say you, Mr. Spread? Start testing soon? (end of Jan. is what you were aiming for I believe?)

Edit: since there's no volume here on this decline (always bullish), I should edit my statement above to say "it looks like ONE of you is getting antsy..."

Looking over the MN GUI again, I'm downright giddy for MN implementation.

I feel the same way.
520  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPR] SpreadCoin | True Decentralization (No Pools) on: January 23, 2015, 06:15:13 PM
Does anyone think that SpreadCoin will reach 100k before the end of February? I'm noticing that we are now already holding 60k a coin pretty stable Smiley I really hope that Mr. Spread continues to develop this coin the way that he has and that the community continues to grow and grow Smiley
It'll all depend on when and how well masternodes are implemented.
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