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

[SpainCoinDev]

LOL 10 BTC Pump and Dump at mintpal, 0.1BTC ended in my stash   But respect dude, 300 to 1500 and back is a nice work. However bagholders were probably too much aware and awake...

My guess is there is a pool dumping or somethign

[hvezdasmrti]

Then someone dumped the coin to 230 satoshi, yes pump to 1500 and let dumpers to rebuy below 300, someone was really drunk and will be rly unhappy tomorrow... I doubled my holdings and made some parts of BTC as a bonus, thank you Santa.

[SpainCoinDev]

Yeah I don't think whoever did this managed to accomplish whatever they were trying to do with much success

[DARKANGEL6415]

wow the price on cryptsy.com is showing at 375 as of right now what happen i thought 2 weeks ago 900 was bad this is just jaw dropping 

[coin_me]

where dev??? very low rate,.lets............
pump this coin @cryptsy
 

[DARKANGEL6415]

where dev??? very low rate,.lets............
pump this coin @cryptsy
 

would take alot to pump and keep stable i think at this price

[mining-man]

Barely a post a day on this thread, coin is dead, let it RIP.

[SpainCoinDev]

SpainCoin is not dead. It's just not a get-rich-quick scheme. It will be alive for years to come.

[farfiman]

Barely a post a day on this thread, coin is dead, let it RIP.

There is a special thread for dead coins
https://bitcointalk.org/index.php?topic=588413.0

Spaincoin isn't on it.

[chiznitz]

SPA has not provided any volume at CryptoALTeX in quite some time, therefore it will be delisted on 5-28-2014.  Please withdraw any coins you may have there before this time.  If you miss the deadline please open a ticket with your SPA address.  https://cryptoaltex.freshdesk.com

Thanks all

Chiznitz

[Maurizio]

please Dev, tell us mor tell us more.
take a look at the karma or pnd thread, these devs are working on the projects
so, please Dev, tell us mor tell us more.

[stompix]

please Dev, tell us mor tell us more.
take a look at the karma or pnd thread, these devs are working on the projects
so, please Dev, tell us mor tell us more.

He has already made his point:

SpainCoin is not dead. It's just not a get-rich-quick scheme. It will be alive for years to come.

Wait a few years .

[SpainCoinDev]

Stage 1 of the distribution will finish in a couple of weeks. I've decided that stage 1 coins that haven't been distributed will be destroyed (4M+ coins), burning them by sending to an address for which we have no private key. This will make SpainCoin more valuable as the total number of coins projected will diminish. We will now also start giving away 20k SPA (from the stage 1 coins) to merchants for SpainCoin promotion efforts (merchants interested in thfis please contact us and tell us how you intend to promote SpainCoin).

Stage 2 will begin on June 10th. 2500 SPA will be given away per person on stage 2. Newcomers will get 2500 SPA. People who already requested their coins on stage 1 don't need to do anything, coins will be given away to their addresses evenly/randomly (so that there isn't a large spike in coin supply) over the stage 2 2-month period, so that they also get 2500SPA in total, including the 500 SPA they got initially.

[stompix]

Stage 1 of the distribution will finish in a couple of weeks. I've decided that stage 1 coins that haven't been distributed will be destroyed (4M+ coins), burning them by sending to an address for which we have no private key. This will make SpainCoin more valuable as the total number of coins projected will diminish. We will now also start giving away 20k SPA (from the stage 1 coins) to merchants for SpainCoin promotion efforts (merchants interested in thfis please contact us and tell us how you intend to promote SpainCoin).

Stage 2 will begin on June 10th. 2500 SPA will be given away per person on stage 2. Newcomers will get 2500 SPA. People who already requested their coins on stage 1 don't need to do anything, coins will be given away to their addresses evenly/randomly (so that there isn't a large spike in coin supply) over the stage 2 2-month period, so that they also get 2500SPA in total, including the 500 SPA they got initially.

I don't see any link in the op so I'm asking is this title actually accurate?

"Update wallets! Airdrop ongoing: 2.5%!"
You've sent coins to 2.5% of the population in spain? to almost 1 million people?

[SpainCoinDev]

I don't see any link in the op so I'm asking is this title actually accurate?

"Update wallets! Airdrop ongoing: 2.5%!"
You've sent coins to 2.5% of the population in spain? to almost 1 million people?

No, that means 2.5% of the premined coins have been distributed so far. (actually it's 2.73% now) - 682k SPA

[stompix]

I don't see any link in the op so I'm asking is this title actually accurate?

"Update wallets! Airdrop ongoing: 2.5%!"
You've sent coins to 2.5% of the population in spain? to almost 1 million people?

No, that means 2.5% of the premined coins have been distributed so far. (actually it's 2.73% now)

Thanks for answering , but this means ... how many people did apply for it?
I though the premine will be used for all the citizen of Spain but it seems i was wrong.

[Taxidermista]

Stage 1 of the distribution will finish in a couple of weeks. I've decided that stage 1 coins that haven't been distributed will be destroyed (4M+ coins), burning them by sending to an address for which we have no private key. This will make SpainCoin more valuable as the total number of coins projected will diminish. We will now also start giving away 20k SPA (from the stage 1 coins) to merchants for SpainCoin promotion efforts (merchants interested in thfis please contact us and tell us how you intend to promote SpainCoin).

Y dónde coño se pillan? Por que no hay ningún enlace, sólo una lista de correo. 

[SpainCoinDev]

Y dónde coño se pillan? Por que no hay ningún enlace, sólo una lista de correo.  

Sí que hay enlace: http://spaincoin.org/es/ -> "Solicitar SpainCoins"

[murraypaul]

Stage 1 of the distribution will finish in a couple of weeks. I've decided that stage 1 coins that haven't been distributed will be destroyed (4M+ coins), burning them by sending to an address for which we have no private key.

How will you prove you don't have the private key?

[SpainCoinDev]

Stage 1 of the distribution will finish in a couple of weeks. I've decided that stage 1 coins that haven't been distributed will be destroyed (4M+ coins), burning them by sending to an address for which we have no private key.

How will you prove you don't have the private key?

Like Counterparty, we'll make up an address:

The Counterparty proof-of-burn was set up so that anyone who sent bitcoin to the address 1CounterpartyXXXXXXXXXXXXXXXUWLpVr during the one-time burn period in January 2014 automatically received XCP in return in proportion to the amount of bitcoin they burnt. This ensured that all 2,648,755 XCP that will ever exist were created and distributed in a fair, transparent and public manner.

How do we know the burnt bitcoins cannot be used again?

The reason the bitcoins used in Counterparty’s proof-of burn are now gone forever is that the burn address is demonstrably a made up bitcoin address, instead of being created together with the corresponding private key that would be required to spend the burnt coins.

A standard Bitcoin addresses consists of a random string of characters that is simply generated together with its matching private key. It is also not too hard (with enough computing power) to create a so-called “vanity address” with a short chosen part (say the first 5 or 6 characters) and leave the remaining characters to chance. However, the difficulty of finding a fully-functioning address with a matching private key increases exponentially for every other character you want to choose.

The first 28 characters of the Counterparty burn address, 1CounterpartyXXXXXXXXXXXXXXX, are so perfectly ordered as to be obviously specifically chosen. (The remaining characters, UWLpVr, like the last 6 characters of any Bitcoin address, are automatically calculated and serve as a safety check feature to make sure that the address is indeed a valid Bitcoin address, much like the last digit of credit card numbers.) This guarantees that there is no known matching private key for this address. In other words, the chance of anyone guessing the private key to spend the burnt BTC at that address is the same as the chance of guessing any private key for any other bitcoin address: practically zero.