[ANN] Specie (SPX) - *** Now Trading on YoBit *** | HARDWARE | SUPER RARE

[SpecieCoin]

We are not keeping a large portion of pre-mine.
SPX coins are being distributed in many ways.

This ICO is part of our distribution strategy for getting all of the premined coins into the hands of users to create a healthy economy supporting our efforts in hardware and development.

ANN thread and OP have links to specifics about coin distribution.

[1714279087]

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[1714279087]

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[1714279087]

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[SpecieCoin]

Ok, this was clarified !! Good luck and I hope that this period will end soon ico to have my coin on stake !!!

Our plans are very big and we will be making more announcements.

Thank you for your support.

[paolo77]

Ok, this was clarified !! Good luck and I hope that this period will end soon ico to have my coin on stake !!!

Our plans are very big and we will be making more announcements.

Thank you for your support.

I already have the wallet ready for the stake on my raspberry pi! Tomorrow is the 'last day of ico !! I sent you a pm for the translation but I have not answered !!

[@boutiuqe]

dev properly did logo and website lol
so he can keep big premined, look block explorer only 1,000 logo is 10,000 hahaha.
So obvious.

[SpecieCoin]

I already have the wallet ready for the stake on my raspberry pi! Tomorrow is the 'last day of ico !! I sent you a pm for the translation but I have not answered !!

Very good news. You may be confusing the Pre-Sale with the ICO. The pre-sale is available here while the ICO on YoBit will still be going on for a few more days. We are trying to create many opportunities for SPX to get into the hands of users.

dev properly did logo and website lol
so he can keep big premined, look block explorer only 1,000 logo is 10,000 hahaha.
So obvious.

Distribution and explanation of previous bounties have been described in previous posts.

Our method for using coins and developing products is designed to make Specie sustainable while contributing to the cryptocurrency industry.
The rarity of Specie combined with our hardware efforts ensure it's value and utility for the future.

[SpecieCoin]

I have none after adding the nodes.

Have you been able to connect?

[cohnhead]

dev ,
225,000 coins premine
5% interest
9,000,000 coins total

my math isn't the best....so please help me?

how many years will that take to get all 9 million coins into circulation?

[shojayxt]

Specie - The Coin of Coins ...

Ninja move coming up ...

I'm some what confused... there is a ICO on Yobit for 11 BTC (total of 100,000 coins) and then i see this

Code:

Name: Specie
Symbol: SPX
PoS: 2.0 (PoS Only)
Total Coins: 9M SPX
[b]Premine: 2.5% (225,000SPX)[/b]
Yearly Interest: 5%
Block Time: 120 Seconds
Min stake age: 1 day, Max age: Unlimited

225,000 premine??? So you have 100,000 coins for ICO + 225,000 premine? or another 25 BTC for free???

Thank you for bringing this up. We want to make sure there is clarification so people understand what we are trying to accomplish.

There is a total pre-mine of 225,000 SPX.

Of those 225,000 SPX, 100,000 are up for the ICO.

The remaining SPX distribution has been described in the OP, highlights include:

10K for logo
22K for website
1K for Block explorer

We have been giving away coins, pre selling coins and auctioning coins separate from the ICO quantity.
Other coins are being allocated to staking for network security purposes and future bounties.

Information specific to the ICO can be found in this dedicated thread:

https://bitcointalk.org/index.php?topic=1097668.0


There are only 225K coins total in existence (plus some staked) and the interest is only 5% so these are rare coins that we are distributing as widely as possible while still working towards our development goals.

Who claimed the bounties?  And what about the other 92,000 coins which are 40% of the total coins.  So basically your trying to sell 44% in the ico while keeping the other 56% of total coins.  Totally ridiculous.

[brightlight]

Be careful with this one!

[orgi666]

Wow,I would also try to make fast money this way,if I was a coder.....

[mozurt]

10k spx for logo and 22k spx for website? wtf

[rayday11]

when does the ICO end?

[sun64986161]

SPECS:

Name: Specie
Symbol: SPX
PoS: 2.0 (PoS Only)
Total Coins: 9M SPX
Premine: 2.5% (225,000SPX)
Yearly Interest: 5%
Block Time: 120 Seconds
Min stake age: 1 day, Max age: Unlimited

so we can't mining this coin ?
100% premine and 100% POS only ? 

[mistercoin]

SPECS:

Name: Specie
Symbol: SPX
PoS: 2.0 (PoS Only)
Total Coins: 9M SPX
Premine: 2.5% (225,000SPX)
Yearly Interest: 5%
Block Time: 120 Seconds
Min stake age: 1 day, Max age: Unlimited

so we can't mining this coin ?
100% premine and 100% POS only ? 

Yup, at least someone sees clearly. Anyone who falls for this, does so of their own initiative, and deserves what will come of this...coin....

[sun64986161]

SPECS:

Name: Specie
Symbol: SPX
PoS: 2.0 (PoS Only)
Total Coins: 9M SPX
Premine: 2.5% (225,000SPX)
Yearly Interest: 5%
Block Time: 120 Seconds
Min stake age: 1 day, Max age: Unlimited

so we can't mining this coin ?
100% premine and 100% POS only ? 

Yup, at least someone sees clearly. Anyone who falls for this, does so of their own initiative, and deserves what will come of this...coin....

if this coin 100% premine so this coin just create for make dev rich ?   

[Braino]

Yes I am quoting myself.

In fact there is a SUPER OBVIOUS profit spot for this coin that it is painful to watch people pass it by. I’m probably going to wipe it out soon just to teach everyone a lesson.

https://bitcointalk.org/index.php?topic=1093557.msg11710939#msg11710939   

[SpecieCoin]

Thank you to all of our supporters.
Many people are quickly understanding what we are trying to accomplish and see the opportunity and value.

when does the ICO end?

ICO details can be found here:

http://yobit.net/en/ico/


Specie is a very rare PoS coin with low annual interest. SPX can only be created by staking so existing coins are very valuable.
Creating the 9M coins takes a very long time so it is the current supply and the model that are important for measuring the economy of the coin and seeing the value.

SPX can be used for SPXcards and other hardware appliances as mentioned.
More information about hardware specifics will be added to posts.

Further details and updates about coin distribution will be posted to the OP.

[cohnhead]

Creating the 9M coins takes a very long time .....what do you figure 80 years?

[Braino]

Creating the 9M coins takes a very long time .....what do you figure 80 years?

Do the math genius. 5% compounded on 225K, max if all existing coins are being staked to their complete potential
Now, take that math, lose it and go find another hobby. Who cares how long it will take for that to happen?

Pure PoS with low stake interest means the coins that count are the ones that exist now. This coin is being tied into physical products so there is a built-in increased demand for a very limited number of coins

So many of the coins are being sold in the ICO and there are no whining miners to crash the price thanks to the pure PoS that this coin is dump-proof

[goodguyed]

Yeah, I'm regretting not getting back to the dev in time to get some pre-ico coins