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Author Topic: [ANN] SPROUTS sha256 pos+pow 10% at 5 days 芽菜货币  (Read 215773 times)
Flam
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June 06, 2016, 11:11:52 AM
 #2021

I must have been the first to speak about the 1 sat lock on this thread long ago. It's just the attitude of several persons in this thread which is crystal clear.



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SushiNoTomato
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June 06, 2016, 11:16:58 AM
 #2022

Oh look a 3 and 2 satoshi buy order on cryptopia haha, wonder who will be the first to sell into them.
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June 06, 2016, 11:58:33 AM
Last edit: June 06, 2016, 12:25:01 PM by coinhugger
 #2023

Oh look a 3 and 2 satoshi buy order on cryptopia haha, wonder who will be the first to sell into them.

Unfortunately when we get into these low single digit sat amounts it will go down hill real fast. You lose 50% of your stash value when it goes from 2 sats to 1 sats. Even the amazing high interest rates and compounding won't help you recover from that very soon and by the time you double your coins again you'll have to sell them on the DOGE/SPRTS market.

Sprouts had an amazing run for a coin which only attraction was the hi-POS and staking every 5 days. I made a very handsome amount of money staking/trading/selling SPRTS and I remember buying coins from people at BCT who mined them when they weren't even for sale on the exchanges yet. I never forget when SPRTS finally was listed on Cryptsy and when one sprout would fetch 600 sats at one point in time. For months we were able to sell SPRTS between 250 and 450 sats. And even at the 50 to 100 Sats level there was plenty of money to be made.It was a gold mine, best investment for me in 2015 and beginning of 2016. And for that I thank SPRTS and whoever created (cloned) it from peercoin.  But unfortunately free money doesn't last forever. So I'm exiting this month and releasing the last of my SPRTS into the world. Adieu old friend!  Wink




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June 06, 2016, 12:17:57 PM
 #2024

You also miss 33% in potential value when you dump at 3 and someone buy the asks at 4. Dumping is good it equals to a wider distribution. Sprouts is averaging 1 btc volume for a long time and many coins with a higher market cap aren't doing this well. At the end it's not over when you say so. You whish it was only to rebuy lower.



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coinhugger
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June 06, 2016, 12:26:46 PM
 #2025

You also miss 33% in potential value when you dump at 3 and someone buy the asks at 4. Dumping is good it equals to a wider distribution. Srpouts is averaging 1 btc volume for a long time and many coins with a higher market cap aren't doing this well. At the end it's not over when you say so. You whish it was only to rebuy lower.

Right, and that is why I exit slowly to optimize the gains...  dumping a huge amount all at once is rarely the best thing to do unless you need BTC right away for another investment opportunity with a time window closing soon. Biggest amount I sold all at once was 26M and that was because of the aforementioned reason. The rest will be sold off gradually, spread out over a few weeks max.



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June 06, 2016, 01:33:55 PM
Last edit: June 06, 2016, 09:42:53 PM by bobmarley650
 #2026

I will have more than 30M sprouts end of the month.

Sprouts holders who want to take an action about the price can send me a PM, and we can move together.

thanks

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June 06, 2016, 09:43:25 PM
 #2027

Good community

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June 07, 2016, 08:33:09 PM
 #2028

up one satoshi... those were good days when it was up to 400 satoshis ...
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June 07, 2016, 08:42:28 PM
 #2029

I would say the end of cryptsy was what hurt the price of sprouts but it has shown its resilience in a hurt market and even when BTC went up in value dramatically we did not die out. I think Sprouts has a lot of room to grow. I would like to get community opinion on 2 ideas. A)Reducing of APR and/or B) Increase movement of PoS difficulty level. I think these would help the coin overall and would make it so we will be able to work on more meaningful projects in the future. Sprouts has already shown how dramatic it can be in a unpredictable enviroment.. lets help bring on the next stage

Eyes open, No Fear. Be Safe! Trinity: Currency Without Bias
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June 07, 2016, 08:44:15 PM
 #2030

Buying at this price  Wink
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June 07, 2016, 08:49:31 PM
 #2031

It's not about the price in sats... Last time it was 400 it was not even twice the actual market cap. 6 sats now is beating 400 sats then.

2.5% every 5 days is 6X the supply in a year
3.5% every 5 days is 12X the supply in a year.

So everything inbetween must be good.



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June 07, 2016, 08:51:25 PM
 #2032

I would say the end of cryptsy was what hurt the price of sprouts but it has shown its resilience in a hurt market and even when BTC went up in value dramatically we did not die out. I think Sprouts has a lot of room to grow. I would like to get community opinion on 2 ideas. A)Reducing of APR and/or B) Increase movement of PoS difficulty level. I think these would help the coin overall and would make it so we will be able to work on more meaningful projects in the future. Sprouts has already shown how dramatic it can be in a unpredictable enviroment.. lets help bring on the next stage

I vote for reducing the APR, 3% monthly is good

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June 07, 2016, 08:51:44 PM
 #2033

I would say the end of cryptsy was what hurt the price of sprouts but it has shown its resilience in a hurt market and even when BTC went up in value dramatically we did not die out. I think Sprouts has a lot of room to grow. I would like to get community opinion on 2 ideas. A)Reducing of APR and/or B) Increase movement of PoS difficulty level. I think these would help the coin overall and would make it so we will be able to work on more meaningful projects in the future. Sprouts has already shown how dramatic it can be in a unpredictable enviroment.. lets help bring on the next stage


I think that the decline in the village at around 500% APR is acceptable and attractive for investment.

Only this should be done not only in the language grind  Wink

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June 07, 2016, 09:06:49 PM
 #2034

1  yes reducing of pos must be
2  but resonable i think now its the goot time to half te pos 1% day
3  after a while halving again 0.5 % pos per day
4  and we mustt add coin another exchanges ccex  bleutrate criptex and others we must try it together
5  merchants thei acept it
6 when that happens we can slowly grow
  grow little sprouts grow we can grow together community
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June 07, 2016, 09:20:45 PM
 #2035

Today, I applied to yobit for Sprouts.

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June 07, 2016, 09:24:17 PM
Last edit: June 07, 2016, 09:37:26 PM by Flam
 #2036

There is another way to avoid the 1 sats cap without changing the pos rate for a long time. I'll post it more in details by tomorrow.



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milly6
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June 08, 2016, 01:47:58 AM
 #2037

Today, I applied to yobit for Sprouts.

I have no faith in yobit and I also do not recommend anyone ever uses that exchange. There are several coins that they are damaging because they refuse to update code.

Eyes open, No Fear. Be Safe! Trinity: Currency Without Bias
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June 08, 2016, 02:32:01 AM
 #2038

yobit is a scam

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June 08, 2016, 02:33:22 AM
 #2039

1  yes reducing of pos must be
2  but resonable i think now its the goot time to half te pos 1% day
3  after a while halving again 0.5 % pos per day
4  and we mustt add coin another exchanges ccex  bleutrate criptex and others we must try it together
5  merchants thei acept it
6 when that happens we can slowly grow
  grow little sprouts grow we can grow together community

wait a minute. Does anyone find it interesting that FileMoon seems to have a speech pattern closest to Eggman?

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June 08, 2016, 02:34:49 AM
 #2040

I would say the end of cryptsy was what hurt the price of sprouts but it has shown its resilience in a hurt market and even when BTC went up in value dramatically we did not die out. I think Sprouts has a lot of room to grow. I would like to get community opinion on 2 ideas. A)Reducing of APR and/or B) Increase movement of PoS difficulty level. I think these would help the coin overall and would make it so we will be able to work on more meaningful projects in the future. Sprouts has already shown how dramatic it can be in a unpredictable enviroment.. lets help bring on the next stage


I think that the decline in the village at around 500% APR is acceptable and attractive for investment.

Only this should be done not only in the language grind  Wink

500 is still a bit high IMO. 28% might be better. 28% is the same as usury.

Moving to Puerto Rico...
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