[ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes

[Mikolo]

Don't forget about giveaway:http://www.reddit.com/r/CryptoCurrency/comments/2knolx/spreadcoin_giveaway/

[grizscom]

...
I see good future for SPR as the best CPU coin. When it will become true GPU coin I will quit

I will quit too. No needs GPU. Just protect from botnets.

[sparkster]

It's fixed now. Sorry again. I was too fussy about it. I cannot make spoiler for some reason, so I will just delete all my comment. It was about wrong balance.

[Palmdetroit]

So, how exactly betasharex.com works. I cannot say it's a scam, but it's definitely has serious technical problems.

I had about 0.0110 BTC:

Than I make order (for 2499 sat). It appeared but not executed. So I try to cancel it. Pending. So I make new order with my remaining coins (for 1802 sat). This new order doesn't ever appear, just pending. Both orders was in pending state about 12 hours. Than I got totally 186.72 SPR from my first order:

 and it's dissapear (I got about 0.000107 BTC back though:(2499-2314)sat*58) So I now have 0.00571889 BTC and 186.72 SPR:

 But for 2499 sat I should be able to buy 212.48, not 186.72 SPR. So about 64k satoshis gone nowhere. It's not trading fee, it's like some sort of glitch.
sorry for broken english again

It's a new exchange , so I would expect bugs here and there, did you report them? There has been a few times trading has been frozen too.

[sparkster]

It's a new exchange , so I would expect bugs here and there, did you report them? There has been a few times trading has been frozen too.

Yeah, I just was biased after reading some russian FUDsters in old Mr. Spread post. And loss was so small that I didn't care to use support.

[cointhinkers]

So, how exactly betasharex.com works. I cannot say it's a scam, but it's definitely has serious technical problems.

I had about 0.0110 BTC:

Than I make order (for 2499 sat). It appeared but not executed. So I try to cancel it. Pending. So I make new order with my remaining coins (for 1802 sat). This new order doesn't ever appear, just pending. Both orders was in pending state about 12 hours. Than I got totally 186.72 SPR from my first order:

 and it's dissapear (I got about 0.000107 BTC back though:(2499-2314)sat*58) So I now have 0.00571889 BTC and 186.72 SPR:

 But for 2499 sat I should be able to buy 212.48, not 186.72 SPR. So about 64k satoshis gone nowhere. It's not trading fee, it's like some sort of glitch.
sorry for broken english again

It's a new exchange , so I would expect bugs here and there, did you report them? There has been a few times trading has been frozen too.

I have confidence to see SPR to be listed on C-CEX this round.

[AleCrypt0]

It's fixed now. Sorry again. I was too fussy about it. I cannot make spoiler for some reason, so I will just delete all my comment. It was about wrong balance.

Well personally i haven't ad any issue like yours on BetaShareX. Just happens sometimes the order for some markets freeze, but support team always solved very quickly.
As someone said it's still a new exchange and need some shaping and fixing yet but i think this is gonna be the next bittrex soon.

Maybe many of you are in crypto world only from few months and you maybe have never tried Cryptsy or poloniex, or coinedup in their first months of life...also those exchanges were so damn buggy and slow that betasharex is perfect in comparison...

And i would like to remember that betasharex is the first exhange who added and supported SPR ...

[sid7039]

It's fixed now. Sorry again. I was too fussy about it. I cannot make spoiler for some reason, so I will just delete all my comment. It was about wrong balance.

Well personally i haven't ad any issue like yours on BetaShareX. Just happens sometimes the order for some markets freeze, but support team always solved very quickly.
As someone said it's still a new exchange and need some shaping and fixing yet but i think this is gonna be the next bittrex soon.

Maybe many of you are in crypto world only from few months and you maybe have never tried Cryptsy or poloniex, or coinedup in their first months of life...also those exchanges were so damn buggy and slow that betasharex is perfect in comparison...

And i would like to remember that betasharex is the first exhange who added and supported SPR ...

Agree!

[e1ghtSpace]

Mr Spread, how's the GPU miner going? Is it going to be released really soon?

[Mr. Spread]

Mr Spread, how's the GPU miner going? Is it going to be released really soon?

Yes, I a little bit underestimated the complexity when I said that it will be ready in 2 days but I am working hard it is almost ready. What we are talking here are a few days at most.

[grizscom]

It is not needed. When it wiil be the idea of coin goes to crash. GPUminer are increasing diff only.
Sorry, i am away from coin, i looked cpu-only coin.

[cointhinkers]

...
I see good future for SPR as the best CPU coin. When it will become true GPU coin I will quit

I will quit too. No needs GPU. Just protect from botnets.

I understand your feelings.But GPU miner is inevitable as time goes,the most fair way is for everyone to get the GPU miner at the same time.

[e1ghtSpace]

Why making a GPU miner is good:

It will cost people a lot more power to generate a block, this will then boost the price because the price normally depends on the amount of electricity required to mine a block.


Why making a GPU miner is bad:

The average joe with a laptop won't be able to mine a block unless they are extremely lucky.


Why the above fact is good:

Because then the coin becomes a lot more scarce, therefore more expensive.




See! A GPU miner is good!

Btw, once the GPU miner comes out, I would recommend you hold your coins until the price rises by at least x10.

[girino]

Why the above fact is good:

Because then the coin becomes a lot more scarce, therefore more expensive.

Sorry, but that is untrue! The amount of coins generated is still the same, no matter what the miner is. It becomes more concentrated in the hands of few, not more scarce! And concentration does not increase the value, but also makes it more prone to pump&dump schemes. So no, those are not good reasons to have GPU miners. The good reason to have a GPU miner is, as Mr. Spread already said, that SOMEONE ALREADY HAS ONE and is keeping all the coins to himself! So making a free GPU miner that everyone can use will ease this concentration, at least for now.

[e1ghtSpace]

Why the above fact is good:

Because then the coin becomes a lot more scarce, therefore more expensive.

Sorry, but that is untrue! The amount of coins generated is still the same, no matter what the miner is. It becomes more concentrated in the hands of few, not more scarce! And concentration does not increase the value, but also makes it more prone to pump&dump schemes. So no, those are not good reasons to have GPU miners. The good reason to have a GPU miner is, as Mr. Spread already said, that SOMEONE ALREADY HAS ONE and is keeping all the coins to himself! So making a free GPU miner that everyone can use will ease this concentration, at least for now.

I meant that people with cpu's stop getting a lot of coins because it is harder to mine. I guess you're right. With Bitcoin it seems that at the end/start of ever month the miners dump their coins to pay the bills. But that's what makes it secure. If one person can easily get more than 50% of the hashrate then something needs to be done.

[Mr. Spread]

few hours, i just need to make final fixes, builds and tests and gpu miner will be yours.

[Palmdetroit]

few hours, i just need to make final fixes, builds and tests and gpu miner will be yours.

Q vultures

[Mr. Spread]

New version with support for external GPU miner + some minor bug fixes. GPU miner will be released very soon.

Download (version 0.9.14.4, released November 21)
Windows wallet (32-bit)
Windows wallet (64-bit)
Linux wallet (32-bit)
Linux wallet (64-bit)
Mac OS X wallet

Source code

[Mr. Spread]

GPU Miner

Windows binary: http://spreadcoin.net/files/Spread-GPU-miner.zip
Source code: https://github.com/spreadcoin-project/gpu-miner

Don't forget to read included readme, it describes how to launch it. Even if you did solo-mining before it is still worth reading.

[Mr. Spread]

Quite a few people submitted logos for contest in recent days, we will have many variants to choose from.