[ANN] SpartanCoin - Cryptocoin for the competitive world.

[111magic]

i will keep voting!!!

[CoinsCoinsEverywhere]

Here's a status update:

5: MEOW 14869 (increased by 9)
6: SPN 14836 (increased by 33)
7: GRC 13810 (increased by 22)

We gained ground on MEOW and pulled away from GRC a little more.  So great job everyone!  Keep it up!

[111magic]

We are now on place 5!

[spartanrules]

lets get voting then! and agree that newer coins can't pump money into the votes. So we may have a shot. Pisses me off having to make a jig saw every time though

lol. yeah i second that. crazies me too. Even worse when you're using an iphone.  

[DarkTrix]

We can do this!

Vote Vote Vote!

Lead in 5th is growing!

[open82buy]

lets get voting then! and agree that newer coins can't pump money into the votes. So we may have a shot. Pisses me off having to make a jig saw every time though

lol. yeah i second that. crazies me too. Even worse when you're using an iphone.  

Lol yeah I am off to do a couple of jig saw puzzles as well, glad it's not 1000 pieces 

[gazzamc]

lets get voting then! and agree that newer coins can't pump money into the votes. So we may have a shot. Pisses me off having to make a jig saw every time though

lol. yeah i second that. crazies me too. Even worse when you're using an iphone.  

Lol yeah I am off to do a couple of jig saw puzzles as well, glad it's not 1000 pieces 

A vote for every piece would be nice

[CoinsCoinsEverywhere]

We keep pulling away from MEOW:

4: IXC 16058
5: SPN 14932
6: MEOW 14896
7: GRC 13842
8: ENRG 13000
9: ADN 12981

We're up 36 over MEOW, and we're 1126 from IXC, which may be hard to catch.  But let's see how we do over the next day or so.  If we keep our current place, SPN should be listed on August 11th.  SpartanCoin (or DarkTrix, if you've been in contact with him recently), do you think there will be other tools/features out for SPN by then?

[herzogzwei]

why you'd think that ur coin will worth more than 0,00000001 at mintpal?

[skeet]

If it is not worth at least 1 sat, would be glad if added on LTC markets once SPN hits Mintpal as long as there are buy orders.

[poornamelessme]

If it is not worth at least 1 sat, would be glad if added on LTC markets once SPN hits Mintpal as long as there are buy orders.

I think the biggest mistake people have made here is simply not accepting an LTC market. When you have 10s of billions of coins, the btc market isn't always in the cards.

It should have been on polo this entire time, in their ltc market ... no idea why the devs never tried to get it there. If it does well, it can always move up, but you have to start somewhere.

[GullibleGooo]

Voting changes on mintpal come 1st September,

....

We need Spartancoin to grab some attention!!!

Hold fellow Spartans.............!  

Actually, we have a good shot at getting on Mintpal as long as we stay consistent with voting.  There are 7 Mondays between now and September 1st (8 if you include the 1st), and the top coin is added every Monday, which means one of the coins above us will be removed each week.  

+1

We'll make it! Spartan IS competitive!

[CoinsCoinsEverywhere]

If it is not worth at least 1 sat, would be glad if added on LTC markets once SPN hits Mintpal as long as there are buy orders.

I think the biggest mistake people have made here is simply not accepting an LTC market. When you have 10s of billions of coins, the btc market isn't always in the cards.

It should have been on polo this entire time, in their ltc market ... no idea why the devs never tried to get it there. If it does well, it can always move up, but you have to start somewhere.

How would being paired with LTC help?  It just gives people an opportunity to dump more coins until it's worthless.  Then people lose hope and leave.  How many coins have you seen trade below 1 sat and then move back up?  I'm not saying that none have done so, but I don't know of any examples.  Besides, SPN has been paired with LTC on europex for the last 3 weeks.  How much good has that done?  The vast majority of the volume has been at 2 or 3 Litoshis.  At the current exchange rate of almost 80 Litoshis/Satoshi, and given the average current alt coin mining income rate of maybe 150,000 sat/Mhash/day (assuming you micromanage your mining), if the best you can sell your coins for guaranteed is 2 Litoshis (3 only has a depth of about 1000 SPN right now, so I'm ignoring that), then you need to be able to mine (80/2)*150000=6,000,000 SPN/Mhash/day to compete with other coins.  At least when there were only BTC markets, coins would occasionally sell for 1 sat each, so you at least had a chance at getting a really good return.

All that said, such events have kept the diff low most of the time, so I've been happy to accumulate a significant number of coins.   Having it paired with LTC still concerns me, though.

[CoinsCoinsEverywhere]

We keep pulling away from MEOW:

4: IXC 16058
5: SPN 14932
6: MEOW 14896
7: GRC 13842
8: ENRG 13000
9: ADN 12981

We're up 36 over MEOW, and we're 1126 from IXC, which may be hard to catch.  But let's see how we do over the next day or so.  If we keep our current place, SPN should be listed on August 11th.  SpartanCoin (or DarkTrix, if you've been in contact with him recently), do you think there will be other tools/features out for SPN by then?

All I can say about the voting today is wow!  This is now the current state of things with the number of votes cast in the last day in ()s:

4: IXC 16070 (+12)
5: SPN 15229 (+306)
6: MEOW 14910 (+14)
7: GRC 13874 (+32)
8: ADN 13526 (+545)
9: ENRG 13470 (+489)

So we really pulled away from MEOW and made huge progress on catching up to IXC, which, at this rate, we could overtake in about 3 days.

However, I'm very concerned about some of the lower ones, which is why I included them on the original list--so we know if anyone is sneaking up behind us quickly.  It would appear that ADN and ENRG are gaining ground fast.  They made a lot of progress today.  So keep voting and watch your back!

[poornamelessme]

If it is not worth at least 1 sat, would be glad if added on LTC markets once SPN hits Mintpal as long as there are buy orders.

I think the biggest mistake people have made here is simply not accepting an LTC market. When you have 10s of billions of coins, the btc market isn't always in the cards.

It should have been on polo this entire time, in their ltc market ... no idea why the devs never tried to get it there. If it does well, it can always move up, but you have to start somewhere.

How would being paired with LTC help?  It just gives people an opportunity to dump more coins until it's worthless.  Then people lose hope and leave.  How many coins have you seen trade below 1 sat and then move back up?  I'm not saying that none have done so, but I don't know of any examples.  Besides, SPN has been paired with LTC on europex for the last 3 weeks.  How much good has that done?  The vast majority of the volume has been at 2 or 3 Litoshis.  At the current exchange rate of almost 80 Litoshis/Satoshi, and given the average current alt coin mining income rate of maybe 150,000 sat/Mhash/day (assuming you micromanage your mining), if the best you can sell your coins for guaranteed is 2 Litoshis (3 only has a depth of about 1000 SPN right now, so I'm ignoring that), then you need to be able to mine (80/2)*150000=6,000,000 SPN/Mhash/day to compete with other coins.  At least when there were only BTC markets, coins would occasionally sell for 1 sat each, so you at least had a chance at getting a really good return.

All that said, such events have kept the diff low most of the time, so I've been happy to accumulate a significant number of coins.   Having it paired with LTC still concerns me, though.

Europex isn't exactly the best exchange, so saying the coin would sell for 2 or 3 litoshis would seem rather unlikely at an exchange with real volume. And if the coin gets on MP and only sells for 2-3 litoshis, I'd say the coin has some rather giant dev issues they need to deal with to add some value to the coin. Or in other words, you are doomed regardless.

A comparable coin may be something like Diem, which trades around 40-80 litoshis and is also available for 1 sat btc.  You can rightfully complain that the ltc market isn't worth much, nor would it be likely for the coin to zoom into the btc market (although not impossible), but right now spn is basically worthless, outside of that occasional 1 sat sale. Might as well take what you can on the ltc market and move from there, if that is the only option available.

[CoinsCoinsEverywhere]

Europex isn't exactly the best exchange, so saying the coin would sell for 2 or 3 litoshis would seem rather unlikely at an exchange with real volume. And if the coin gets on MP and only sells for 2-3 litoshis, I'd say the coin has some rather giant dev issues they need to deal with to add some value to the coin. Or in other words, you are doomed regardless.

Ok, I will agree with you here.  The fact that the spread between bids and asks of sizable volume on Europex remains fairly large indicates that SPN would likely trade for more than 2-3 litoshis.

SPN does seem to have a dedicated dev, even if things aren't progressing as fast as expected, which doesn't sit too well with many miners that want to mine the latest coin to dump immediately and move on.  I'm not criticizing that mode of operation as I do that, too.  It's hard not to when you have hardware to pay off.  But every now and then there's a coin like SPN that has the potential to be more than just a dump coin and is worth some investment.

A comparable coin may be something like Diem, which trades around 40-80 litoshis and is also available for 1 sat btc.  You can rightfully complain that the ltc market isn't worth much, nor would it be likely for the coin to zoom into the btc market (although not impossible), but right now spn is basically worthless, outside of that occasional 1 sat sale. Might as well take what you can on the ltc market and move from there, if that is the only option available.

If you think SPN is worthless and you have some left, feel free to dump away on Europex.  Some of the bids there are mine, so I'd be happy to take some coins off your hands at fire sale prices. 

[111magic]

I think it will be better to trade SPN on the BTC market.
Right now i wil keep on voting en buying SPN.
Same as Magicoin i have faith in SPN.
Main reason is a good community and a hard working DEV!

[CoinsCoinsEverywhere]

Something seems to be messed up with the chickenstrips pool.  cgminer says all my shares are rejected with this error: "Ntime out of range".  The pool stats page also says that the pool's hashrate is about 900 MH/s.  But spn.hashing.at and europex say the network rate is around 21 MH/s.  Could the owner please take a look?

Edit: It looks like things are ok again.

[poornamelessme]

A comparable coin may be something like Diem, which trades around 40-80 litoshis and is also available for 1 sat btc.  You can rightfully complain that the ltc market isn't worth much, nor would it be likely for the coin to zoom into the btc market (although not impossible), but right now spn is basically worthless, outside of that occasional 1 sat sale. Might as well take what you can on the ltc market and move from there, if that is the only option available.

If you think SPN is worthless and you have some left, feel free to dump away on Europex.  Some of the bids there are mine, so I'd be happy to take some coins off your hands at fire sale prices.  

My point being, the  price for the coin is currently worthless (or close to it). If it was selling in the ltc markets this entire time, on a real exchange, it would be going for more than it currently is.

[SpartanCoin]

https://www.poloniex.com/coinRequest.... everyone send it in. I messaged them back the other day... but lets send in some requests.