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Author Topic: [ANN] SpreadCoin | Decentralize Everything (decentralized blockexplorer coming)  (Read 790361 times)
minerpage
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December 31, 2015, 04:31:15 PM
 #2401

So, the 80GB Diskspace is not really required, but can't hurt.
We are probably good with 10 GB Diskspace too...

Good catch, I was posting requirements for a full Bitcoin node, which is something for the future, not this release.

But as you said, it doesn't hurt to have that capacity ready.
go6ooo1212
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December 31, 2015, 05:06:24 PM
 #2402

I couldn't find how much amount is needed for each servicenode...
georgem (OP)
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December 31, 2015, 05:12:22 PM
 #2403

I couldn't find how much amount is needed for each servicenode...

Because there won't be any. It will be determined by the free market.

What is fixed isn't the price, but the amount of allowed servicenodes at any current time.

You'll see, I'll explain in detail later.

stonehedge
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December 31, 2015, 05:47:16 PM
 #2404

Another pump?  30BTC / 240,000 SPR traded

http://www.spreadx.eu/markets/bittrex
jjjordan
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December 31, 2015, 05:49:22 PM
 #2405

Just to remind you guys - no test coin givaways! Wink
rhinomonkey
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December 31, 2015, 05:52:09 PM
 #2406

Another pump?  30BTC / 240,000 SPR traded

http://www.spreadx.eu/markets/bittrex

It's the same person buying their own sell walls. Has about 16-20 bitcoin and has been putting those in the buy book right after the pump. Just probably trying to create some fake volume before the release. Didn't pump it beyond 13k satoshis because there is a 15k spr wall there. At least that is my analysis...

Edit: The reason I think it is the same person is because I have been watching top wallet addresses. The wallet that I had been watching picked up about 15k or so spr on that small pump

stonehedge
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December 31, 2015, 06:00:01 PM
 #2407

Another pump?  30BTC / 240,000 SPR traded

http://www.spreadx.eu/markets/bittrex

It's the same person buying their own sell walls. Has about 16-20 bitcoin and has been putting those in the buy book right after the pump. Just probably trying to create some fake volume before the release. Didn't pump it beyond 13k satoshis because there is a 15k spr wall there. At least that is my analysis...

Edit: The reason I think it is the same person is because I have been watching top wallet addresses. The wallet that I had been watching picked up about 15k or so spr on that small pump

I noticed that the 15k wall was still there too.

Oh well, its all good.
rhinomonkey
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December 31, 2015, 06:09:45 PM
 #2408

Another pump?  30BTC / 240,000 SPR traded

http://www.spreadx.eu/markets/bittrex

It's the same person buying their own sell walls. Has about 16-20 bitcoin and has been putting those in the buy book right after the pump. Just probably trying to create some fake volume before the release. Didn't pump it beyond 13k satoshis because there is a 15k spr wall there. At least that is my analysis...

Edit: The reason I think it is the same person is because I have been watching top wallet addresses. The wallet that I had been watching picked up about 15k or so spr on that small pump

I noticed that the 15k wall was still there too.

Oh well, its all good.

Yea, I mean if a 1.7 BTC wall is stopping the pumper, then they won't be doing much more than small volume & price increases hahah.

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December 31, 2015, 10:55:01 PM
 #2409

I was thinking oh man, the price must be really high, hearing about the guy buying into their own sell walls. But then I saw that the price on bittrex is only 7k satoshis.
minerpage
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December 31, 2015, 11:13:45 PM
 #2410

But then I saw that the price on bittrex is only 7k satoshis.
Someone is messing around... they can sell at twice the price instead selling SPR in buy orders...
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December 31, 2015, 11:16:53 PM
 #2411

But then I saw that the price on bittrex is only 7k satoshis.
Someone is messing around... they can sell at twice the price instead selling SPR in buy orders...
Now we're at 3k (buy orders) ... Ok now 5k. Yes someone definitely is messing around.
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December 31, 2015, 11:19:50 PM
 #2412

But then I saw that the price on bittrex is only 7k satoshis.
Someone is messing around... they can sell at twice the price instead selling SPR in buy orders...
Now we're at 3k (buy orders) ... Ok now 5k. Yes someone definitely is messing around.
Pick up some cheap SPR while it lasts  Cool
stonehedge
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December 31, 2015, 11:26:15 PM
 #2413

Not sure what the point of this behaviour is.
minerpage
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December 31, 2015, 11:35:19 PM
 #2414

Not sure what the point of this behaviour is.

Best guesses for this behavior:

1) Keep the SPR price down artificially (some other coin is feeling threatened by SPR going up in market cap)
2) Create a bigger spread, the bigger the spread the higher the profit (buy low, sell high; someone is making some money on this, not a whole lot though)
3) Miner selling without waiting for a buyer (pretty lame but it does happen)

This has been going on for months, I can only assume this will go away as the spread gets smaller and SPR goes up in value.

EDIT: this is good for people wanting to buy cheap, this looks bad for day traders and people looking for a quick profit. Doesn't make a difference for long term buyers.
Abou Talha
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December 31, 2015, 11:40:58 PM
 #2415

This is just a little noobs trap. georgem said : don't buy into a bubble.
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December 31, 2015, 11:49:12 PM
 #2416

Not sure what the point of this behaviour is.

Best guesses for this behavior:

1) Keep the SPR price down artificially (some other coin is feeling threatened by SPR going up in market cap)
2) Create a bigger spread, the bigger the spread the higher the profit (buy low, sell high; someone is making some money on this, not a whole lot though)
3) Miner selling without waiting for a buyer (pretty lame but it does happen)

This has been going on for months, I can only assume this will go away as the spread gets smaller and SPR goes up in value.

The price was around .00004 for about a year before this big buy order in one day. Most people speculated that this was some sort of manipulation to gain more spread or cash out for Bitcoin.

Nothing has really changed in the last couple of days to call for a price higher than .00004

Those of us that saw what was happening and had a stash of spread to sell did well

Spread is still worth .00004 at this point, people are paying more because of a frenzy induced by some large volume one day

Those mining and buying at this artificial price and difficulty are the ones getting screwed by this
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January 01, 2016, 12:23:55 AM
Last edit: January 01, 2016, 12:38:36 AM by antantti
 #2417

I am one of those assholes who are playing that game right now. Listen what georgem has to say.
georgem (OP)
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January 01, 2016, 08:29:33 AM
 #2418

hey guys,

yesterday's party did pretty much get out of control.
I can work better today. Smiley

Stay tuned for update later...


minerpage
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January 01, 2016, 05:36:15 PM
 #2419

yesterday's party did pretty much get out of control.

Happy New Year 2016, the year of SPR  Cool
georgem (OP)
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January 01, 2016, 09:16:24 PM
 #2420

yesterday's party did pretty much get out of control.

Happy New Year 2016, the year of SPR  Cool

You too, oh it's gonna be awesome!

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