Altcoin_Ace
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Activity: 41
Merit: 0
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March 20, 2014, 02:21:04 PM |
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The biggest joke of a country coin is what the hell is the average person is Spain going to do with any coins they receive? They can't go to a store and use them. They are worthless to the average person. The only thing they are good for is to exchange them for BTC and then they would need to exchange the BTC into their local currency. So all that would do is drive down the price since when a mom needs milk for the child they will take anything they can get since it was just giving to them free. That is if any were given away at all.
look @ AUR. Same sht, holding @ 0.024.
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woozii
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Activity: 98
Merit: 10
Call me the coin wrecker (;
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March 20, 2014, 02:21:21 PM |
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The biggest joke of a country coin is what the hell is the average person is Spain going to do with any coins they receive? They can't go to a store and use them. They are worthless to the average person. The only thing they are good for is to exchange them for BTC and then they would need to change the BTC into their local currency. So all that would do is drive down the price since when a mom needs milk for the child they will take anything they can get since it was just giving to them free. That is if any were given away at all.
There are systems in production that will be released soon so vendors and merchants can jump on board and accept btc, ltc and alt crypto out of the box. They would be electronic payments, this is the way of the future. Instant payments with no pending transactions and transparency. TBH, the dollar itself can be backed by cryptocurrency since its backed by literally nothing. With Crypto you actually have machines doing work converting energy(kW to currency) so it actually has something to show for. Fiat is arbitrarily given a value. We dont want this to happen though, we want this to be the universal way of spending and we want it to stay decentralised. Also, yes the people of Spain need to be more informed of there coin.
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TimC
Legendary
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Activity: 1764
Merit: 1022
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March 20, 2014, 02:22:34 PM |
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It's obvious to me there's major market manipulation in SPA since launch, which continues. Network hash going up 100 GH/s in an instant, then dropping just as fast. Fake BTC injection to pump the price and then dumped. Even now as the price plummets, in the past hour hash tripled to over diff 800 and just dropped back to 150 in an instant. I would expect at least one more pump incoming!
Of course the is manipulation since one guy held 50% of the coins. They got sucks BTC and then can buy and sell from themselves driving up the market for the next batch of suckers. Anyone that traded any BTC for this coin fell for the scam hook, line and sinker.
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ipsum100
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March 20, 2014, 02:23:23 PM |
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The biggest joke of a country coin is what the hell is the average person is Spain going to do with any coins they receive? They can't go to a store and use them. They are worthless to the average person. The only thing they are good for is to exchange them for BTC and then they would need to exchange the BTC into their local currency. So all that would do is drive down the price since when a mom needs milk for the child they will take anything they can get since it was just giving to them free. That is if any were given away at all.
this will be in the hands of young people, they usually have enough tecnlogicos knowledge, and involve your family
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brightlight
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Activity: 1288
Merit: 1000
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March 20, 2014, 02:25:58 PM |
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The biggest joke of a country coin is what the hell is the average person is Spain going to do with any coins they receive? They can't go to a store and use them. They are worthless to the average person. The only thing they are good for is to exchange them for BTC and then they would need to exchange the BTC into their local currency. So all that would do is drive down the price since when a mom needs milk for the child they will take anything they can get since it was just giving to them free. That is if any were given away at all.
Go troll somewhere else
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murraypaul
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March 20, 2014, 02:28:21 PM |
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you're missing your own point about mathematical expectation: the probabilities don't have to be equal for SPA to be a better bet, SPA can even have a much lower probability of success if the payout is high enough. If the payout on SPA is 4x and tech is 2x, then probability of SPA success can be up to 1/2 of the tech stock and still be a better bet. I didn't say that they had to be the same, I took issue with you assuming that they were. Your long post basically comes down to the answer that which is the best investment comes down to the relative expectations of success, which we have no way of calculating. so as long as p_spa is > 0.25 its still a better bet than tech stock if expectation is all your considering But you have no model to explain why p_spa should be > 0.25. So it isn't math, it is just guessing.
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BTC: 16TgAGdiTSsTWSsBDphebNJCFr1NT78xFW SRC: scefi1XMhq91n3oF5FrE3HqddVvvCZP9KB
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woozii
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Activity: 98
Merit: 10
Call me the coin wrecker (;
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March 20, 2014, 02:37:05 PM |
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Oh and it seems an all around bad day for trading, even for btc.
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TimC
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Activity: 1764
Merit: 1022
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March 20, 2014, 02:40:57 PM |
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Oh and it seems an all around bad day for trading, even for btc.
Of course it is. Since all of the scammer 'copy master' Devs are trading BTC for their local currency so they can party with the bitches on your time and dime.
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teomcmurphy
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Activity: 28
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March 20, 2014, 02:45:32 PM |
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Oh and it seems an all around bad day for trading, even for btc.
altcoin and bitcoin prices flock together against fiat money. Part of it is most altcoins are denominated in btc so it passes thru declines in btc immediately to altcoin. however, most altcoins have a much higher price volatility than btc, so always expect them to swing the direction of btc, but with greater magnitude. of course, if theres altcoin specific news item thats driving prices, that can overwhelm any effect btc is having on the altcoin and destroy correlations
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woozii
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Activity: 98
Merit: 10
Call me the coin wrecker (;
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March 20, 2014, 02:49:33 PM |
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Oh and it seems an all around bad day for trading, even for btc.
Of course it is. Since all of the scammer 'copy master' Devs are trading BTC for their local currency so they can party with the bitches on your time and dime. Do you have any proof of this or are you just talking out of your ass?
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brightlight
Legendary
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Activity: 1288
Merit: 1000
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March 20, 2014, 03:00:53 PM |
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Oh and it seems an all around bad day for trading, even for btc.
Of course it is. Since all of the scammer 'copy master' Devs are trading BTC for their local currency so they can party with the bitches on your time and dime. Do you have any proof of this or are you just talking out of your ass? He wanted to say, that big guys dumped coins for our BTC and now are partying. Maybe some of them are coin developers, but I think the biggest snatchers are P&D teams. Those, who scams us. I really feel like a sheep since 2 days. They earn unfairly, but it is another story, where they'll end after some time.
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OmarG
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March 20, 2014, 03:01:30 PM |
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Come join us!
- Hosted in Canada
- Low Latency P2Pool Node
- 1% Fee
- Transaction Fees Paid to Miners
- No Signup Required
- Payouts Directly to Wallet
- Unique P2Pool Frontend
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brightlight
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Activity: 1288
Merit: 1000
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March 20, 2014, 03:04:37 PM |
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So, the SPA destiny is in dev and community hands.
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hashcash
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Activity: 78
Merit: 10
Darkcoin Ya Bish! (Or Dash if you like)
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March 20, 2014, 03:10:08 PM |
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It's obvious to me there's major market manipulation in SPA since launch, which continues. Network hash going up 100 GH/s in an instant, then dropping just as fast. Fake BTC injection to pump the price and then dumped. Even now as the price plummets, in the past hour hash tripled to over diff 800 and just dropped back to 150 in an instant. I would expect at least one more pump incoming!
Of course the is manipulation since one guy held 50% of the coins. They got sucks BTC and then can buy and sell from themselves driving up the market for the next batch of suckers. Anyone that traded any BTC for this coin fell for the scam hook, line and sinker. I followed their pattern bought in @ .00075 and sold @ .0071 & .006. Bought 1500 more lol We call these scam but us on the hunt to get more BTC is a scam in itself. Same penny stock game being ran on noobs like myself. Win and you lose
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Fandekasp
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Activity: 98
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http://www.coinsmanager.com/
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March 20, 2014, 03:15:17 PM |
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Good news, SpainCoin just got integrated to CoinsManager, free Open-source Portfolio! (cf press releases) Enjoy
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Follow CoinsManager !, free Open source multi-address multi-currency Port-folio
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kocur
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Activity: 140
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We're not in Wonderland anymore Alice
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March 20, 2014, 03:16:28 PM |
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just because there are more people with a gpu than there are with asics? hah!... dream on kids! cryptocoins are in real money range now. real traders came in, real big companies are investing millions and probably even hundreds of millions of dollars in equipment and you think gpus are the future? ahahahhahahaha
that being said, i do believe some small market for the other algos will always exist because always small hash miners will still want to make a buck or too. but it won't get volumes. and if it gets volumes, asics will rape it... you really think it's impossible to make an assic mine scrypt-n or sha3... daydreaming in my opinion
volumes? do you thing biggest net hashrate = more coins ? wake up haha coins are generated in any net hashrate and amount is defined by coin specs. Asics just get more profitability compare with gpus. But amount of generated coins will be the same in any hashrate, just someone can pick more than other with lover hash.
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Community Coin: Fair & Free Distribution
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brightlight
Legendary
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Activity: 1288
Merit: 1000
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March 20, 2014, 03:20:20 PM |
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It's obvious to me there's major market manipulation in SPA since launch, which continues. Network hash going up 100 GH/s in an instant, then dropping just as fast. Fake BTC injection to pump the price and then dumped. Even now as the price plummets, in the past hour hash tripled to over diff 800 and just dropped back to 150 in an instant. I would expect at least one more pump incoming!
Of course the is manipulation since one guy held 50% of the coins. They got sucks BTC and then can buy and sell from themselves driving up the market for the next batch of suckers. Anyone that traded any BTC for this coin fell for the scam hook, line and sinker. I followed their pattern bought in @ .00075 and sold @ .0071 & .006. Bought 1500 more lol We call these scam but us on the hunt to get more BTC is a scam in itself. Same penny stock game being ran on noobs like myself. Win and you lose Absolutely agree
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HEISENAIR
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March 20, 2014, 03:36:24 PM |
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I love it when a thread gets so negative. So full of "you morons" "Scam" etc Time to buy again
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