[ANN][SPA] SpainCoin: freedom for Spain - Airdrop ended, last coins destroyed!!

[HEISENAIR]

With AUR going up yesterday, this is currently being manipulated. If you sell, you're just feeding the sharks. This is a set up for a Pump.

[brightlight]

With AUR going up yesterday, this is currently being manipulated. If you sell, you're just feeding the sharks. This is a set up for a Pump.

No, I am holding strong. No point to sell so low

[Luxasd]

Yes we do.
He posted the old one.

I have still the old one, but I hope there will be a "Germancoin" to save Germany... (ah there is already a Deutsche eMark)

Yeah me too.
eMark sounds like crap though.

[teomcmurphy]

p.s. the hashrate is growing again very interesting, coin hasnt moved all day yet more and more miners jumping back on.

yeah, difficulty now is what it was when SPA was $3/coin. Good sign. E.g. the hashing power of litecoin rose about 20% on very little price movement, then a week later the price rises from sub 17 to above 20 (then of course get smashed back down as price attracts supply). sure sign of a pump coming

also, ppl need to stop just looking at mintpal, which is clearly filled with the biggest supply of both coins and pikers. por exemplo: there is over 3k SPA on the 0.0011 bid in cryptorush.in, why the fuck are you selling at 0.001 on mintpal? at least take the time to transfer it over. some smaller exchanges have even higher bids, lol

[brightlight]

p.s. the hashrate is growing again very interesting, coin hasnt moved all day yet more and more miners jumping back on.

yeah, difficulty now is what it was when SPA was $3/coin. Good sign. E.g. the hashing power of litecoin rose about 20% on very little price movement, then a week later the price rises from sub 17 to above 20 (then of course get smashed back down as price attracts supply). sure sign of a pump coming

also, ppl need to stop just looking at mintpal, which is clearly filled with the biggest supply of both coins and pikers. por exemplo: there is over 3k SPA on the 0.0011 bid in cryptorush.in, why the fuck are you selling at 0.001 on mintpal? at least take the time to transfer it over. some smaller exchanges have even higher bids, lol

+1

[olloman]

With the recent price dip and volume, any forecast about the hypothetical pump? Is it legit to expect even 0.1 btc like Aurora or is it more likely not going to exceed a 10x increase?

[jacek1973]

p.s. the hashrate is growing again very interesting, coin hasnt moved all day yet more and more miners jumping back on.

yeah, difficulty now is what it was when SPA was $3/coin. Good sign. E.g. the hashing power of litecoin rose about 20% on very little price movement, then a week later the price rises from sub 17 to above 20 (then of course get smashed back down as price attracts supply). sure sign of a pump coming

also, ppl need to stop just looking at mintpal, which is clearly filled with the biggest supply of both coins and pikers. por exemplo: there is over 3k SPA on the 0.0011 bid in cryptorush.in, why the fuck are you selling at 0.001 on mintpal? at least take the time to transfer it over. some smaller exchanges have even higher bids, lol

FUCKING SHEEP that's why.
I don't even like mintpal... i have no option to see what the highest trade volume coins are like any sensible exchange would have... how the fuck is a new trader supposed to make a choice where to invest?
according to what?

https://cryptrader.com/

[xwyrij]

another "country coin".

[NickPortland]

https://twitter.com/BTC_Girl

[dminer69]

sooner or later the kraken will rise again

[Altoidnerd]

rise krakun

[woozii]

Its bs how spa was on its way up to .002 yesterday while mintpal was down then the priced dipped again once it came back on. This seems pretty stable ~$.70 for now though. It could easily stabilize to $3.50+

[itsallpc]

Its bs how spa was on its way up to .002 yesterday while mintpal was down then the priced dipped again once it came back on. This seems pretty stable ~$.70 for now though. It could easily stabilize to $3.50+

Yeah i do not like mintpal we should get off of that exchange i dont like it but it is a free market so cant do much about it

[teomcmurphy]

sooner or later the kraken will rise again

i certainly think there is a great risk-weighted bet to be had here buying SPA.

as far as investment options are concerned:

- your bank pays you fuck all on your deposits and with fees actually charges you for lending them money...
- the yield on a 10yr US treasury note is only 2.69%, granted thats higher than 3 months ago before fed taper but still super low by historical standards
- you could buy a stockmarket thats already rallied non-stop for 4 years, buoyed only by fed quantitative easing which is being removed as we speak

OR

- you could buy a national cryptocurrency which if it goes up will go up by MULTIPLES, ie 100% percent at a time. I mean, you don't want to invest any money you cant afford to lose, but look at the math

SPAcoin vs speculative tech stock:

invest $1k with both

if they don't work out both leave you with nothing

if the tech stock makes you money you make 50-200% of your money

if the SPA makes you money it makes you 300-10000% of your money

no question that its a buy here, even if it does end up going to 0. you'll make money in the long term taking risk-weighted bets like this.

[woozii]

sooner or later the kraken will rise again

i certainly think there is a great risk-weighted bet to be had here buying SPA.

as far as investment options are concerned:

- your bank pays you fuck all on your deposits and with fees actually charges you for lending them money...
- the yield on a 10yr US treasury note is only 2.69%, granted thats higher than 3 months ago before fed taper but still super low by historical standards
- you could buy a stockmarket thats already rallied non-stop for 4 years, buoyed only by fed quantitative easing which is being removed as we speak

OR

- you could buy a national cryptocurrency which if it goes up will go up by MULTIPLES, ie 100% percent at a time. I mean, you don't want to invest any money you cant afford to lose, but look at the math

SPAcoin vs speculative tech stock:

invest $1k with both

if they don't work out both leave you with nothing

if the tech stock makes you money you make 50-200% of your money

if the SPA makes you money it makes you 300-10000% of your money

no question that its a buy here, even if it does end up going to 0. you'll make money in the long term taking risk-weighted bets like this.

Yes. If you play markets right you can easily double, triple, or even quadruple your btc on a daily basis. If you have a good pump team thats organized you can make thousands on a daily basis. Even in the long run you can make money if things dont work out. Imagine playing parts in an aspect of a country's money supply. I think SPA is a sleeping giant right now.

[murraypaul]

sooner or later the kraken will rise again

- you could buy a national cryptocurrency which if it goes up will go up by MULTIPLES, ie 100% percent at a time. I mean, you don't want to invest any money you cant afford to lose, but look at the math

SPAcoin vs speculative tech stock:

invest $1k with both

if they don't work out both leave you with nothing

if the tech stock makes you money you make 50-200% of your money

if the SPA makes you money it makes you 300-10000% of your money

no question that its a buy here, even if it does end up going to 0. you'll make money in the long term taking risk-weighted bets like this.

The rather obvious point you've missed is that there is no reason to think that there is the same likelyhood that SPA will make you money vs investing in a stock. If it works it will make you more money, but it is less likely to work. Without taking account of both of those factors you can't say whether the expected return is better or not.
The obvious counter argument is that playing the lottery might give you a 1000000% return, but the expected return of playing the lottery is a loss, on average you will get out of it less than you put in. That isn't investing, it is gambling.

[woozii]

sooner or later the kraken will rise again

- you could buy a national cryptocurrency which if it goes up will go up by MULTIPLES, ie 100% percent at a time. I mean, you don't want to invest any money you cant afford to lose, but look at the math

SPAcoin vs speculative tech stock:

invest $1k with both

if they don't work out both leave you with nothing

if the tech stock makes you money you make 50-200% of your money

if the SPA makes you money it makes you 300-10000% of your money

no question that its a buy here, even if it does end up going to 0. you'll make money in the long term taking risk-weighted bets like this.

The rather obvious point you've missed is that there is no reason to think that there is the same likelyhood that SPA will make you money vs investing in a stock. If it works it will make you more money, but it is less likely to work. Without taking account of both of those factors you can't say whether the expected return is better or not.
The obvious counter argument is that playing the lottery might give you a 1000000% return, but the expected return of playing the lottery is a loss, on average you will get out of it less than you put in. That isn't investing, it is gambling.

If you hold for long term, its investing. You're investing in the future of crypto currency and its wide spread acceptance when you put money into projects like this.

[philipvdlinde]

Do you guys think that 0,05 would be possible again for SPA in the shortterm?

[buttonmc]

Let's do some numbers:

Auroracoin for Iceland

Population: 330,000
Premine: 10.5 M
AUR per person: 31.8
Current value per person: $15.52 x 31.8 = $493.536


Spaincoin for Spain

Population: 46.82 M
Premine: 25M
SPA per person: ~0.534
Current value per person: $0.67 x 0.534 = $0.358


This is a huge difference! If the value per person was the same as AUR atm, then Spaincoin would have a market cap of $23 billion!!!

Bottom line is, do you think SPA has more or less potential than Auroracoin? Based on the numbers, SPA could be massively undervalued.

[brightlight]

Do you guys think that 0,05 would be possible again for SPA in the shortterm?

I think you meant 0.005

I hope it will be there someday