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Author Topic: [ANN][SPA] SpainCoin: freedom for Spain - Airdrop ended, last coins destroyed!!  (Read 347621 times)
teomcmurphy
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March 20, 2014, 03:19:19 AM
 #2661

the difficulty is > 500 same as when SPA was $4-5/coin

I am still learning the mining terms and what they imply, but what you just said, does that imply the price should be higher?



difficulty is a parameter of the coin that determines how hard it is to find a block, i.e. how much hashing power it takes to generate any one coin

normally price and difficulty are cointegrated: a higher price attracts more miners, that raises difficulty. A lower price detracts miners and lowers difficulty. seeing price and difficulty move in opposite directions is odd

moreover, difficulty affects the tradeoff of mining vs buying the coin outright. if the diff is low you should mine the coin to acquire it. the higher the diff the more attractive it becomes to buy the coin rather than mine it
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jrich76
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March 20, 2014, 04:08:39 AM
 #2662


difficulty is a parameter of the coin that determines how hard it is to find a block, i.e. how much hashing power it takes to generate any one coin

normally price and difficulty are cointegrated: a higher price attracts more miners, that raises difficulty. A lower price detracts miners and lowers difficulty. seeing price and difficulty move in opposite directions is odd

moreover, difficulty affects the tradeoff of mining vs buying the coin outright. if the diff is low you should mine the coin to acquire it. the higher the diff the more attractive it becomes to buy the coin rather than mine it

Thanks for taking time to write that up, that makes a lot of sense. Intuitively I understood that to be the case but wanted to be sure before I made any more bad trading decisions this week.

I spent all last week making up for MZC losses, finally made it back to break even then made a bad choice on SPA that knocked me right back down.

Sticking with old favorites and slow growth for now, LTC, DOGE, and possibly BCC only because it continually mocks me by pumping right after I decide not to buy in on a low.
BlackMarket
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March 20, 2014, 04:23:17 AM
 #2663

lol panic selling  Angry
jamieb81
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March 20, 2014, 05:16:10 AM
 #2664

0% fee SpainCoin Pool

spa.pool.mn offers:
» 0% fee
» 100% uptime
» Powerful dedicated server
» Friendly support via email or support forums
» Skilled admin
» DDOS protection
Join us!



I'm mining there, great pool with no fees Smiley
vendefer
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March 20, 2014, 05:32:22 AM
 #2665

https://i.imgur.com/Re84Nds.png
I am buying it a little. Thanks for low price Smiley Waiting for a moment to go with big players

If real, something tells me this was the guy driving the price down with the sell orders and accumalting all the spacoins, lol
Small dump and ppls sell all their coins, cool. Easy to manipulate. I want to buy more at lower price, very profitable. Thanks to everyone who sells me at  low price. You are the best!!
Amph
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March 20, 2014, 08:21:44 AM
 #2666

as long as this is on top off coin wars list multipool will mine it and then dump it ..if you want seriuos coin you DONT MAKE it scrypt ..you make something that multipools and asic cant mine ..i lost a lot money on this..still holding a lot but i know a lost 2 much
your affirmation is both retarded and very, very limited. coins and markets are made for professionals. if it's asic resistant and multipoolresistant it will never have the popularity it needs to take off... wtf is wrong with people today? everyone wants to get rich on a gaming card these days... the greed... the unbelievable greed and stupidity of it...

tell that to vertcoin(yeah now it's dumped, but it was at 1M satoshi)

your argument is invalid


scrypt-n and other anti asic algo are the way to go, and asic should die asap
itsallpc
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March 20, 2014, 09:31:59 AM
 #2667

Looks like i have become one of the official bag holders.  Undecided all i can do now is hope it will go up but all i see is the coin being forced down.  Undecided
jacek1973
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March 20, 2014, 09:41:23 AM
 #2668

there is no chance there will not raise coin already, too many people want to sell, look at ASK, I have bought for 170,000, unless I have to reconcile with the loss
BlackMarket
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March 20, 2014, 09:42:51 AM
 #2669

i hope this is not end like maza Sad i made big lost at maza  Cry
BlackMarket
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March 20, 2014, 09:57:08 AM
 #2670

0.00088800   4044.41721783   3.59144249
buy order at mintpal  Shocked
itsallpc
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March 20, 2014, 10:00:09 AM
 #2671

If this carries on the people of Spain might be lucky and get a maximum of 1 euro for their coins when the airdrop comes in  Undecided
jelin1984
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March 20, 2014, 10:03:15 AM
 #2672

when the airdrop will come
brightlight
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March 20, 2014, 10:06:50 AM
 #2673

0.00088800   4044.41721783   3.59144249
buy order at mintpal  Shocked

And people don't rush to sell him.
vendefer
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March 20, 2014, 10:23:26 AM
 #2674

https://i.imgur.com/a5RSSgih.jpg
Big players in the game now!
brightlight
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March 20, 2014, 10:25:47 AM
 #2675

Looks like i have become one of the official bag holders.  Undecided all i can do now is hope it will go up but all i see is the coin being forced down.  Undecided

Yeah, overwhelming moment! I am bagholder too. Still the hope is, if the big guys sees opportunity to take profit from this coin. But we don't know that.
brightlight
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March 20, 2014, 10:27:37 AM
 #2676


Big players in the game now!

Are you sure? Maybe just someone still believes in this coin. Much BTC indeed.
brightlight
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March 20, 2014, 10:29:55 AM
 #2677

And the buy wall has been burned
cbassthefish
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March 20, 2014, 10:38:44 AM
 #2678

https://www.youtube.com/watch?v=1lWJXDG2i0A
BlackMarket
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March 20, 2014, 10:48:32 AM
 #2679

And the buy wall has been burned
yes, and in market history too many sell  Cry
brightlight
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March 20, 2014, 10:56:14 AM
 #2680

One of BTCWhale tweets:

@jebus911 @CryptoCobain @iamslush1 Either way, I'll go sleep like a baby now, with my pillow stuffed with american dollars. Have a penny.


Mtf
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