[ANN] SpreadCoin | Decentralize Everything (decentralized blockexplorer coming)

[cinogrin]

Defnite sour grapes grinding this coin into the ground. It is so obvious someone is prepare to loose money. They or him know spreadcoin will gain momentum. Pity you still get as-holes like this.
 

Yep, have seen a lot of examples of this the past few days. People deliberately setting sell walls of 30k-50k and moving them down gradually to push down the price. A lot of stuff around this coin is seeming to happen out of spite, regarding the split. Bad blood, vendetta, call it what you want. Why else would some people buy away a buywall of 31k coins around 7k? What person in his right mind would sell for such an amount at rock bottom?

Because they bought SPR to get into HLM and there aren't any buyers in SPR, so they're taking what they can get. "Who would sell a rock bottom?" --- don't worry, you haven't seen the bottom yet.

Those of you still hoping this goes somewhere, the dev is happy to sit by and watch the price collapse to nothing - hello! Those of us who have been following this project for years have experience with this dude. He does not have your interests in mind at all. He will wait for this to go to 1-2k satoshi, when absolute despair has hit everybody, and then he'll re-accumulate since he sold everything on the pumps - by his own admission by the way, to buy dozens of Raspberry Pi's, because you know, virtual machines or containers are too cheap and easy to use for testing - and then once he is satisfied then maybe you'll get an update. And it will probably be vaporware that you can't be sure exists and he'll ask you to "Stay tuned" for another indeterminate amount of time.

You're right, it's sour grapes, bad blood, vendetta etc - but not from the investors, it's all from the dev. He is grinding the price down through silence, inaction, and lies. And has been for years.

Welcome to SpreadCoin, rubes, should've done your research before you thought "Hey this thing dropped 80%, it has to bounce right!?!?!"

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[Suavimani]

If it's just people who wanted Helium, and are know dumping SPR to take what they can get, then they would just buy the bids and be done with it. But that's not what they are doing. They are putting up sell walls, and they are moving them down, carefully trying to make as less sales as possible. All the while letting others (lets call them the weak hands or panic sellers) drive the price down. And then the sell walls move down again. That's what happens, every time the price seems to settle down and find support.

I'm not saying that what you are describing is not partly true. But I'm sure, the price of SPR is being driven down artificially. The only thing I am wondering about, is whom is profitting. Could be the Helium guys, could be Georgem, could be a random group that wants to capitalize on the panic that is surrounding this coin.

I'm really curious to see how this plays out. In my opinion, it will either hit 0 and be delisted (if you are right), or it will bounce back hard so the ones who drove the price down can take their massive profit. Time will tell..

[CuffNasty69]

Just left a message on the SpreadCoin talk forum saying (encouraging) georgem to release the latest updates by enticing him with a plane ticket to AZ to bang chicks and hit some casinos with our newfound fortunes, as me and plenty others are anxiously awaiting the spike of this coin.

Hopefully our dude george likes babes and booze because this seems like our last hope at adding value to this coin.

[ICObets]

Decentralize Everything? Isn't that EOS tagline?

[DrearyUrbanite]

Decentralize Everything? Isn't that EOS tagline?

I was thinking the same when I came across this.

[thanhphan]

Why Spread discount ? Why? Why?
Question causing headaches from 10/10/2017
I am a spread investor, expecting a lot in Spread
Daily follow-up Spread, eat well Spread, sleep also Spread, cheer also Spread, sad also Spread.
Spread decreased 3 times, 4 times, so far decreased 10 times.
I researched, went everywhere to find the answer: "Why spread discount?"
Initial hypotheses:
1. Bittrex deletes coin => not until now, even more listed on Crytopia
2. Coin is dead
=> is not working well, the speed of transfer between high wallets from bittrex - crytopia takes only 5 - 15 minutes is money with only 6 processor speed, better than many coin in the top 100 including bitcoin, eth is not equal, equal to XRP.
=> Spreader still holds his coin in his wallet in the top of the holdings of the most spread and has not had a sell off spread since 10/10/2017: https://chainz.cryptoid.info/spr/#! rich
 With wallet: SPREADERvKc1xxmghRjDgTiU1Vdd8Pjx1m
=> georgem said Spread "is alive and well" => Spread will not die
3. Sharks take advantage of the low spread, use the money to lower the price, create psychological sell off, to reach a cheap price of some will collect Spread. This is a very high probability, because assuming you do not want to hold the spread again, you will sell slowly. Spread can not blow off your money so much, if you really want to leave. Will the commune slowly, while the market every coin go up Spread going the opposite direction without a reason worth to lose 10 times so as from 67500 satoshi on 8/10 decreased 6200 satoshi on 20/10. If they really drowned, they were very successful with tactics outlined. Panic psychology, most will panic selling madly at all costs to cut holes, the more holes sell, until the spread turns up again, the same people who sell cheap will return to buy at high prices. more, buy more.
Bittrex deletes BTS, BTA, Darco, and DAR, and does not decrease as the spread decreases, the coin decreases by as much as 3-4 times and then increases again or at the right price since no one will be there. sell out because you do not want to lose more money, and Spread is still a force down the price.
Advice for everyone: Investigate the market carefully before selling, or buy into the wave or the crowd, the damage is inevitable.
The Spread team would like you to be active with Spread's Fan community, give the community so much information from you, so that everyone contributes to the development of Spread, your children born to you. Take care of it, do not let people down disappointed about what you create, please update regularly Spread information.

[duboisi]

You need to research further, what was the price of SPR just before the pre ann of HLM. Nothing change in SPR, shouldn't SPR price goes back to where it was? Promises of adding new SPR features? Then you have to check the dates when those promises were given, check the postings since 2 years back in this thread.

[thanhphan]

There is a lot of delay for Team Spread. Shatoshi Nakamoto did what after creating Bitcoin => missing => Bitcoin still evolved. Why do we have to ask Team Spread to develop it more breakthrough, when they can not do it yet? We can not ask too high on them, if they make a breakthrough, where will the spread price ...?
But spread and stable development in 3 years is also a success.
Spread in comparison with other coin:
1. Processing speed
2. Security
3. Popular for the community
I see the 3 most to SPR discount because not much attention, and Section 1 with 2 has gone through 3 years of challenging experience, bitcoin, ETH, Dash also need many years to prove value as now.
About HLM, not to say before HLM will go to where, because a new coin, it takes long time to validate it good or not.
I do not like HLM as well as coins Airdrop, Token (coin released via ICO). Keeping the coin is very high risk, because who knows that one day coin developers need money to release a pile of coins to sell profits and then disappear? One day break out a few big coin ico then the price of coin ICO will drop without brakes because of how much to release as much as that, like cash printing. I have found new digs are really stable such as Bitcoin, LTC, ETH, Spread, ... mine have been, difficult to intervene and generate large amounts of coin and dig up limited quantities, rare over time . Those are really worth it.

[duboisi]

Another newbie writing essay. Team Spread? Name the team member please. LOL.

[chichidori]

You need to research further, what was the price of SPR just before the pre ann of HLM. Nothing change in SPR, shouldn't SPR price goes back to where it was? Promises of adding new SPR features? Then you have to check the dates when those promises were given, check the postings since 2 years back in this thread.

The price only got pump with the introduction of HLM, if you look at the price before it is lower than today.

[DrearyUrbanite]

You need to research further, what was the price of SPR just before the pre ann of HLM. Nothing change in SPR, shouldn't SPR price goes back to where it was? Promises of adding new SPR features? Then you have to check the dates when those promises were given, check the postings since 2 years back in this thread.

The price only got pump with the introduction of HLM, if you look at the price before it is lower than today.

I would say that this is about right.

[ThomasK2005]

is still coin dead, or would you tell me to invest in this. im not sure about it anymore..

[sirazimuth]

To all those who bought and/or mined and accumulated and held Spreadcoin when price was
around 5-6k sat (most of 2016 and now) then dumped their accumulated stash at
approximately 10 times that right before Helium snapshot (50-60k)....congratulations!
 You might have no Helium now, but you
sure as hell will be able to invest in some if/when it launches...........

[tradingdisaster]

Why Spread discount ? Why? Why?

That's easy - I bought SPR in the high 30k's and sold at 23k and lower nearly all my stash. If it ever goes over 10k, I will dump the rest.

Why? I needed SPR only for HLM. I don't believe georgem has the chops or the will to actively develop this coin further. To me, it's dead weight.

I see no "team spread", there is only one person left. If you really want to revive SPR, get a couple of coders together and talk to the current dev to hand to project over to you.

[stonehedge]

Why Spread discount ? Why? Why?

I see no "team spread", there is only one person left. If you really want to revive SPR, get a couple of coders together and talk to the current dev to hand to project over to you.

Of course it is possible for somebody to take over SPR but the reality is that the SPR code is so far out of date and in such need of core updates that it is beyond economical repair.

This is why most of the SPR team left to develop their ideas on Crown over a year ago and Coins101 decided to start from scratch with Helium.

If SPR was worth saving, believe me...the old SPR team would have done.

[thanhphan]

The reasons people have said above, there is no reason for SPR to lose 10 times in such a short time.
If people want to transfer SPR to hold HLM then they will sell before Snapshot, keep BTC wait HLM and buy better buy SPR to change to HLM because the risk is too high. HLM has not traded yet.
Those leaving the SPR have left since 2016, without waiting for a snapshot.
 Which if the SPR foundation is poor, why did the HLM take the SPR platform? Why not take the other platform?
And who dares to be sure the HLM will be higher than the SPRs?
Crytopia liquidity is very poor, I also have money on Crytopia also deal Crytopia much, found quality far disadvantage compared to Bittrex. How many investors are willing to sell SPR on Bittrex, then transfer all money through Crytopia to buy HLM for investment?
If the SPR is not good why is it listed on Crytopia?
Does the SPR cost up to 4-5k? Will soon return to a reasonable price 20-30k? Hope this is the bottom fishing opportunity. After the rain, the weather will return.

[duboisi]

There is no reason for SPR to increase value by over 10 times with 2 years of non delivery. HLM code is a fork of DASH, not SPR.

[thanhphan]

That's not the right reason.
The Altcoin on the top 500 Coinmarketcap I've been refering to most, all the mined coins, born before 2015, max supply, have increased 10 times or more from 12/2016 to now, have coins increase 100 times, 1000 times. Since 12/2016 far too much good news for Cryptocurrencies. Every day in the world again appeared more and more open accounts, cash flow and virtual money as much. Price all coin will never stomp on the spot.
As for the disagreement, leaving the team, it happened at the BTC -> BCH, ETH -> ETC, Zcash -> ZCL ...,
SPR is no exception.

[duboisi]

Obviously you are too lazy to read this thread to know the history and "achievement" of this coin.

[thanhphan]

SPR and HLM are based on the Darkcoin Dash predecessor: But Why HLM Isn't Snapshot from Dash that from SPR?
"-Building DarkCoin
+Building SpreadCoin
 
-See doc/readme-qt.rst for instructions on building DarkCoin-Qt,
+See doc/readme-qt.rst for instructions on building SpreadCoin-Qt,
 the intended-for-end-users, nice-graphical-interface, reference
-implementation of DarkCoin.
+implementation of SpreadCoin.
 
-See doc/build-*.txt for instructions on building darkcoind,
+See doc/build-*.txt for instructions on building spreadcoind,
 the intended-for-services, no-graphical-interface, reference
-implementation of DarkCoin.
+implementation of SpreadCoin."