[ANN] [SPOT] | SUCCESSFUL FORK COMPLETE - On CoinPayments.net/Cryptsy/Coins-e

[SWKineo]

Quick question, now it seems the blocks are moving, but still 50 blocks between 79257 and 79307 nearly 9 hours.
50 blocks should take just under 1 hour, or is it not aiming to be 70 seconds per block anymore?

It's odd, that... it was obviously happening before the fork too, but in that case, it was running on the same code which had previously hit the 70 sec time quite consistently.

[1715098569]

1715098569

[1715098569]

1715098569

[1715098569]

1715098569

[1715098569]

1715098569

[ckoeber]

Quick question, now it seems the blocks are moving, but still 50 blocks between 79257 and 79307 nearly 9 hours.
50 blocks should take just under 1 hour, or is it not aiming to be 70 seconds per block anymore?

It's odd, that... it was obviously happening before the fork too, but in that case, it was running on the same code which had previously hit the 70 sec time quite consistently.

I was going to comment on this as well; the difficulty spikes have gotten better (doesn't go from 0.1 to 20) but still not as smooth as it should be.

There should be NO difficulty spike; good coins change difficulty every block and the difficulty change is not that much, like no more than 1-2% difficulty change either way based on the last block.

That way you can get smooth and predictable mining all the way through.

[DRobert]

SPOTS slowly appreciating again after the halving. I wonder how long until it reaches 2400 or higher again.

Aw, so I read a little more about this coin. What makes this coin worth 0.00024 btc per SPOT? I saw the spike in price twice to that amount on Cryptsy since Sept 2013. But what is keeping it from being at a much higher price than it is now if it is supposed to be aligned with gold and silver? I put a sell order up at 0.0002 just in case. Not sure when to expect those prices again, but w/e.

Anyone experienced with spots, could you please give me some insight as to what the plan for this coin is over the next few months to a year to help it appreciate in price? Thanks.

[Desten]

DRobert, you can read my semi-calculations about comparison spots vs mainly doge and see that spots price now is about >100 thousands times less than doge (earlier page or two).

PS: all sell part of spots now 0.00001866 to 0.00005284 worth only 13.89 BTC. This is equivalent to doge's ONE firts sell line: 0.00000222   6175480.32981674   13.70956633.
Funny, yeah.
PPS: two days ago this sell part was from 1800 spotoshis to 2995 spotoshis and was about 8 BTC's.
This is a huge undervalue of coin.
PPPS: more PR, and take best things/ideas from other coins and price will rise from 1800 spotoshis to 180000 minimum (10 thousand times).
PPPPS: we started slow-pump @14 feb, because we protect coin from dumping by moscow bastard i talked about earlier. We have much reserves to block price falling, but we do not see much opportunity in price rising. Where are you all, guys? If we will raise price only 100times more - we will have much more miners, block finding time will stabilise and multipools will be off the border. If we raise price 500 times then new investors come from other coins. Awake from sleep, do some work for this coin.


WHY spots are not on coinmarketcap again?

[DRobert]

Woah shit. Good thing I own at least 23,000 spots.

Thanks for the reply. I guess I'll just keep holding for now then. I have noticed value has slowly been rising. I figured it is under value as well due to low trade volume.

[iarsenaux]

how much SPOT/Mh/day?

[SWKineo]

Woah shit. Good thing I own at least 23,000 spots.

Thanks for the reply. I guess I'll just keep holding for now then. I have noticed value has slowly been rising. I figured it is under value as well due to low trade volume.

We've seen values above 20,000 satoshis before.
I'm not saying that I expect it to hit that point again, but that just illustrates how badly undervalued Spots are currently.

[DRobert]

Doesn't matter to us if you guys sell them for .00004 or .01, we will make our profits off percentages rather than premine
- https://bitcointalk.org/index.php?topic=259764.msg2855115#msg2855115

I'm only post #395 in since reading from the beginning. Not sure if any ideas about SPOTS has changed since that time from the developer since I am still reading the posts. I have some questions:

1) How many spots will ever be in existence?
2) Does the value of SPOTS decrease as time goes by due to more spots being mined? I.e. will my 30,000 spots become worth 3,000 spots today if 10x more coin of spots that exist today is mined over time and put into circulation?

[DRobert]

Pumping spots now.

[DRobert]

2400 now and rising. Can I hit 3000?

[iGotSpots]

I'll be opening gold silver and copper sales back up soon when we catch up on orders

Had too many too fast and instead of increasing the wait time we decided to suspend new sales until we are all caught up

[DRobert]

I'll be opening gold silver and copper sales back up soon when we catch up on orders

Had too many too fast and instead of increasing the wait time we decided to suspend new sales until we are all caught up

Pump is done. Almost 2500. Own nearly 60,000 spots now. Is that a lot?

[DRobert]

I'll be opening gold silver and copper sales back up soon when we catch up on orders

Had too many too fast and instead of increasing the wait time we decided to suspend new sales until we are all caught up

I was skeptical about SPOTS at first and saw it merely as a pump-and-dump, but actually I like your concept and think it has a lot of potential from what I have read so far in that you are a legit business owner who allows people to trade SPOTS for gold and silver. And no pre-mine. And I saw how people thought 0.0007 was cheap. I just had to scoop up some cheap coin while it is still cheap. Hopefully people don't dump from my pump though. I can see how people could buy into this coin, raise the price and then try to put an order in for gold and silver through you.

I have about 1.5btc invested on Cryptsy for SPOTS right now so hopefully the price doesn't go back to where it was before.



This is people selling at 2314 and lower thinking maybe I plan to do a dump, but I plan to hold for a while. Hopefully 2400 will be our new low and it will continue to increase in satoshis gradually.

[DRobert]

I wouldn't trade on cryptsy anyway. I don't feel its safe to have money there. Always goes down, and plenty of stories about peoples balances on a specific coin getting zeroed out all on the same day. Attack? Exchange fraud? Who's knows, but I wouldn't have $1 of my money there.

I've been trading on Cryptsy for a while. As long as you have 2 step authentication added where you need your cell phone to receive an activation code, it should be no problem.

[DRobert]

Not selling anything until price is much higher. At least 0.0001 to 0.0007 satoshis.

[Desten]

DRobert, you can find how much total population of spots, blockrate and many more information in my earlier posts here.

[DRobert]

DRobert, you can find how much total population of spots, blockrate and many more information in my earlier posts here.

Thanks. I saw a link about total population, went to read it and my mind went blank. I think it is because I'm tired and been staying up all night and morning reading up on this thread, and watching Spots on Cryptsy. I put up a 0.02 btc buy wall at 2088 to help try to stabalize the price, but it seems that people noticed my posts about not dumping and the volume in SPOTS remains above 1.5btc, and it put confidence into the coin to help stabilize it to around 2200-2300, which is what I intended.

It seems you guys had a lot of drama early on with this coin. It seems the developer being distracted by many projects and people crying out "scam" shook people's confidence in the coin and caused people to panic sell. Weak hands they say.

[Desten]

I put up a 0.02 btc buy wall at 2088 to help try to stabalize the price, but it seems that people noticed my posts about not dumping and the volume in SPOTS remains above 1.5btc, and it put confidence into the coin to help stabilize it to around 2200-2300, which is what I intended.

I just returned with my team to work and we placed a little to help you. But no more. Because we have bastard-dumper now. His name is Pasha (if he didn't lied us when he was with our other group). And he is moscow bastard who think only about own money. Rat.

[Desten]

DRobert, (deleted)
About 50-55% of coins are distributed amongst ordinary holders with low volume. Previously there was a lot more activity and miners. But when exchange added "autosell" function and price started to fall more and more - most miners are out and multipools taken all mining.. There was 6-20 blocks/day....
PS: iGotSpots showed near zero activity and poorly promoted the coin - this also helped falling. And.. at the last there was two occasions when iGotSpots has not fulfilled promises to investors (he failed to approve the payment by contract).

[Desten]

First. Cryptsy will not remove autosell feature, because of tons of yelling users. It hurts most of coins, but they do not care.
Second. People are leaving this boat more than arriving. This trade engine is full of bugs/lags/hidden features, that makes hurt to investments. I'd love to show you the "bug-o-feature" when one order is executed not consistently and mixed with other foreign orders then posed later losing the first place, but i don't want to show screenshots, because cryptsy can find orders data and will know my accounts on their exchange. I don't want this.
Third. Bots are killing real trading. Yes. As killing at btc-e/gox.
Fourth. I don't know when your end of day comes. There are 24(*2) timezones.. )
Sixth. *** (deleted)
Seventh. You tell a lot about your actions. This advantage can be taken by those who want to do harm.