[ANN] SpartanCoin - Cryptocoin for the competitive world.

[poornamelessme]

That's because there are 400M at 1sat...  
Who would buy any coin having a giant sell wall at 1sat. It just look like that everybody want to get the hell out of this coin  
(sorry but that doesn't bring any confidence in the coin)
So unless some of you remove a least a couple of 100 millions (say 370millions  ) at 1sat, this coin will never sell.

 

People here don't seem to want to admit it, but the coin needs to be listed against ltc. Even with the coin count being reduced, it still should be in the ltc markets. No shame in it, and longterm the coin can still be worth a decent amount.

If it does eventually get onto MP, and they offer ltc or nothing, take the ltc market and run. Really you guys should be pushing for a polo/ltc market right now.

[CoinsCoinsEverywhere]

That's because there are 400M at 1sat...  
Who would buy any coin having a giant sell wall at 1sat. It just look like that everybody want to get the hell out of this coin  
(sorry but that doesn't bring any confidence in the coin)
So unless some of you remove a least a couple of 100 millions (say 370millions  ) at 1sat, this coin will never sell.

 

People here don't seem to want to admit it, but the coin needs to be listed against ltc. Even with the coin count being reduced, it still should be in the ltc markets. No shame in it, and longterm the coin can still be worth a decent amount.

If it does eventually get onto MP, and they offer ltc or nothing, take the ltc market and run. Really you guys should be pushing for a polo/ltc market right now.

First, c-cex allows you to trade SPN for 90-something other currencies, including LTC, so you already can.  The markets on c-cex are very thin, though, so it doesn't matter much.

Second, I think it could really hurt the coin's long-term chances to trade it against LTC right now.  I'll explain why later when I have more time.

[CoinsCoinsEverywhere]

You mean there's more supply than demand?
Is that because people who sell or have Bittrex own a stock. If Bittrex itself has a stock, can we buy it empty?

Yes, there's more supply than demand right now.  Just like the stock market, all crytpocurrency markets are auction markets that operate on simple supply and demand.  Atm, there are billions of Spartan coins out there, and not many people who want to buy them--they need a reason.  If the devs are able to do some great things with SPN, then demand will rise and the price likely will, too.

[CoinsCoinsEverywhere]

That's because there are 400M at 1sat...  
Who would buy any coin having a giant sell wall at 1sat. It just look like that everybody want to get the hell out of this coin  
(sorry but that doesn't bring any confidence in the coin)
So unless some of you remove a least a couple of 100 millions (say 370millions  ) at 1sat, this coin will never sell.

 

People here don't seem to want to admit it, but the coin needs to be listed against ltc. Even with the coin count being reduced, it still should be in the ltc markets. No shame in it, and longterm the coin can still be worth a decent amount.

If it does eventually get onto MP, and they offer ltc or nothing, take the ltc market and run. Really you guys should be pushing for a polo/ltc market right now.

First, c-cex allows you to trade SPN for 90-something other currencies, including LTC, so you already can.  The markets on c-cex are very thin, though, so it doesn't matter much.

Second, I think it could really hurt the coin's long-term chances to trade it against LTC right now.  I'll explain why later when I have more time.

As I was saying, I think pairing SPN with LTC (or any cryptocurrency worth significantly less than BTC) on a major exchange with a lot of volume would endanger the coin by potentially pushing it into a death spiral.  LTC is currently trading around 0.017 BTC/LTC, which means 1 Litoshi (0.00000001 LTC) is worth about 1/58 of a Satoshi.  As there is much more SPN supply right now, the price per coin would certainly drop below 1 Satoshi each, possibly as low as 1/58 of a Satoshi.  If the price drops too low, people will give up on the coin, especially miners, as they would have to mine millions of coins a day to get the same return as on other coins.  If enough people give up on SPN, it won't matter if the dev does something awesome because no one will be left around to see it, and it will die.  First, some value needs to be added to SPN, which is what SpartanCoin is working hard on right now.  Then people will be interested in the coin, thus increasing the demand and hopefully the price.

[111magic]

keep voting on Mintpal!

[open82buy]

That's because there are 400M at 1sat...  
Who would buy any coin having a giant sell wall at 1sat. It just look like that everybody want to get the hell out of this coin  
(sorry but that doesn't bring any confidence in the coin)
So unless some of you remove a least a couple of 100 millions (say 370millions  ) at 1sat, this coin will never sell.

 

People here don't seem to want to admit it, but the coin needs to be listed against ltc. Even with the coin count being reduced, it still should be in the ltc markets. No shame in it, and longterm the coin can still be worth a decent amount.

If it does eventually get onto MP, and they offer ltc or nothing, take the ltc market and run. Really you guys should be pushing for a polo/ltc market right now.

First, c-cex allows you to trade SPN for 90-something other currencies, including LTC, so you already can.  The markets on c-cex are very thin, though, so it doesn't matter much.

Second, I think it could really hurt the coin's long-term chances to trade it against LTC right now.  I'll explain why later when I have more time.

As I was saying, I think pairing SPN with LTC (or any cryptocurrency worth significantly less than BTC) on a major exchange with a lot of volume would endanger the coin by potentially pushing it into a death spiral.  LTC is currently trading around 0.017 BTC/LTC, which means 1 Litoshi (0.00000001 LTC) is worth about 1/58 of a Satoshi.  As there is much more SPN supply right now, the price per coin would certainly drop below 1 Satoshi each, possibly as low as 1/58 of a Satoshi.  If the price drops too low, people will give up on the coin, especially miners, as they would have to mine millions of coins a day to get the same return as on other coins.  If enough people give up on SPN, it won't matter if the dev does something awesome because no one will be left around to see it, and it will die.  First, some value needs to be added to SPN, which is what SpartanCoin is working hard on right now.  Then people will be interested in the coin, thus increasing the demand and hopefully the price.

  +1 

[mrbenjie]

Yesterday someone bought a lot of Spartancoin on c-cex.
The sell orders at 1 satoshi are huge. Get your coins out the 1 satoshi sell order.
Putt them in your wallet.
I have my 50milj coins in the wallet en not selling them for 1 sat.

[mrbenjie]

Look at c-cex.

By HOT trades SPN 1 place with 0,35 btc:-)
Keep buying this coin.

[111magic]

Keep voting!!!

[111magic]

And keep on buying!!!!

[Asgardian]

Keep buying, Keep voting and retract those stupid 1 sat sell orders............

[DarkTrix]

Yesterday someone bought a lot of Spartancoin on c-cex.
The sell orders at 1 satoshi are huge. Get your coins out the 1 satoshi sell order.
Putt them in your wallet.
I have my 50milj coins in the wallet en not selling them for 1 sat.

I would be holding them too! I won't state how many i have but i will be holding them for a long while yet

One thing people are failing to factor in here is that Spartancoin has not even had it's first rise yet.. We are waiting on a couple of large projects from the Dev who is working his backside off in the background. He's even taken up some extra work otuside that to help fund the projects.

I have to completely disagree with anything based around listing SPN against LTC. I know C-CEX already have along with every other coin they trade (as with every coin they add). However the secondary stage of investors are just gathering interest. Volume has started to roll in and i can assure you with so many coins out there to buy, big investors will be along to help the rise too.

As i have said before i would buy up all the SPN on the market if i had the BTC right now. I have a significant holding of SPN and will not be selling anytime soon.

There is also due to be a coin Halving and some other projects in the work, which when released are going to boost interest and ultimately the value of SPN.

It would be very easy to buy up a HUGE portion of the SPN out there at a low price at the minute, as soon as someone with the money gets wind of this, you can see these scooped up.

[111magic]

Yesterday someone bought a lot of Spartancoin on c-cex.
The sell orders at 1 satoshi are huge. Get your coins out the 1 satoshi sell order.
Putt them in your wallet.
I have my 50milj coins in the wallet en not selling them for 1 sat.

I would be holding them too! I won't state how many i have but i will be holding them for a long while yet

One thing people are failing to factor in here is that Spartancoin has not even had it's first rise yet.. We are waiting on a couple of large projects from the Dev who is working his backside off in the background. He's even taken up some extra work otuside that to help fund the projects.

I have to completely disagree with anything based around listing SPN against LTC. I know C-CEX already have along with every other coin they trade (as with every coin they add). However the secondary stage of investors are just gathering interest. Volume has started to roll in and i can assure you with so many coins out there to buy, big investors will be along to help the rise too.

As i have said before i would buy up all the SPN on the market if i had the BTC right now. I have a significant holding of SPN and will not be selling anytime soon.

There is also due to be a coin Halving and some other projects in the work, which when released are going to boost interest and ultimately the value of SPN.

It would be very easy to buy up a HUGE portion of the SPN out there at a low price at the minute, as soon as someone with the money gets wind of this, you can see these scooped up.

+1 i agree with what you are saying! Iám still voting, buying en holding the SPARTANS!

[open82buy]

Who is voting and holding?

[mrbenjie]

I vote 5 times a day, and holding 50mil coins in wallet.

[111magic]

Me too, holding 2m Spartans

[mrbenjie]

Someone bought 0,36 btc of sell wall @ c-cex.
Just wait and hold your coins.
Vote every our!

[qumatru]

voting my ass off on mintpal damn it. let's focus it's like I'm the only one who's voting. best and closest option for us to reach is mintpal in 2 weeks with a little movement from the bagholders!
https://www.mintpal.com/voting i can't even think of a better opportunity to get some money flowing into this coin and perhaps there will be funds for more development

[111magic]

Iám voting every moment i can!

Keep the community strong and we will have a good chance for SPARTANCOIN.

[mrbenjie]

What,is,the status from the DEV?
How much coins do we get when everyting is finished/halved?
Pos/pow?

I think that this is first priority before we get added to mintpal.
Before new investors get involved with Spartancoin.