[PRE-ANN] Spark: Whole new codebase for a whole new crypto [1/4]

[NoUseForACoin]

Well, I was excited until I read "can not be mined at all".  So its a 100% IPO coin.  How is this a good idea?

yup

http://youtu.be/_s0195Inv3E?t=1m24s

[1715618246]

1715618246

[1715618246]

1715618246

[Rune]

100% IPO is lame. You will receive nothing from me

[stealth923]

So you are taking the best of BitCoin, Dark and NXT.

Do you plan on writing over 10,000 lines of code just for the anonymity piece like the Dark team has done or wait until they finish all the hard innovative work so you can rip it off? Same goes for NXT....a lot of dev has gone into that as well.

IPO - People are tired of this shit - you want us to throw you money based on what you think the coin is worth.....then it hits the market and crashes.

YOU WILL GET NOTHING FROM ME

[Michael Becker]

Interesting to see negativity in a self moderated thread.

I would see it as a positive sign if none of the negative posts get removed. Keeping a close eye.

[odorico2006]

Wow, it seems sth new.
Let's look.

[hopped]

A new coin with no premine sweet , but wait the only way to distribute the coins is through ipo so 100% premine then as that is what it is.

[edok]

I actually prefer an escrowed IPO so I'm looking forward to this. I'm not a miner so I appreciate a launch that gives everyone an opportunity to invest. Miners don't like this because they mine a bunch of them when the diff is low on day 1 and on day 3 dump them on people who actually want to invest. Why should I need to have a mining rig setup to get in early on a coin?

Miners are becoming middlemen and the price is paid by anyone trying to invest without the technical knowledge required for setting up a rig.

[wangdaniel2014]

Some questions:
1. Set a IPO cap.
2. Distribution in 10 months is totally a joke.  Make market smooth?  Or market will crash if the coins being distributed at once?
You know what happened to NXT.
3. Most coins are in your hands. So you can manipulate the market for at least ten months.

[vitarian]

Can we just jump to thread 4 and skip all the crap in between?     

[forgetme]

Hi there! I've seen you're launching coin same days as KimoCoin will be launched too!!

It's quite different from your coin so check it out the official thread, could be good for the ones who likes Pow/pos hybrid with smooth scrypt jane & adaptive n-factor!

KimoCoin Official Thread---> https://bitcointalk.org/index.php?topic=524216.msg5812477#msg5812477

Good luck to your coin anyway!

[wangdaniel2014]

As we have sadly not found a better distribution model, we will have to resort to an IPO to distribute the initial Sparks

A new coin with no premine sweet , but wait the only way to distribute the coins is through ipo so 100% premine then as that is what it is.

100% IPO is really not a good idea.  "no better model" is a greedy excuse.
C2 and Faircoin did well.

[The One]

Blah


Blah


Blah


Blah


Blah


Blah


Blah


There will be 1 000 000 000 (one billion) sparks distributed initially, with nothing at all premined or reserved for the developers

100% IPO. Well, why bother doing premine or instamine when it's more profitable to scam BTC through another pathetic IPO scam.

No flowery words, no medicore graphics, no long waffling will ever get any sane intelligent people involve in this.

Only the idiot would buy any of your sparky shitcoin.

Don't waste any more time on your scam.

[lemfuture]

open source?

[Michael Becker]

I'm curious, why does everyone around here seem to hate IPOs so much?

If they are done with a trusted escrow like OP says, are they so bad?

[crimealone]

interested

[hypersire]

I'm curious, why does everyone around here seem to hate IPOs so much?

If they are done with a trusted escrow like OP says, are they so bad?

It's because of all the IPO scams that have happened over the last couple of months, but as you pointed out, if they are using a trusted escrow then that shouldn't be a concern.

[FanEagle]

Please... Next coin please.
I don't like this concept at all.

[ariesjia]

Excellent, interesting

[zifcom]

interested

[her0]

jsut so so