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

[neoaix]

[/quote]
what do you recommand to me
[/quote]

Increase your intensity setting. Ignore coins101/spreadnodes. Have patience.  
[/quote]

think for your recommandation,  i just receive 6.23 SPR waouuuuuuuu

No Pain No Gain
 

[coins101]

what do you recommand to me

Increase your intensity setting. Ignore coins101/spreadnodes. Have patience.  

think for your recommandation,  i just receive 6.23 SPR waouuuuuuuu

No Pain No Gain
 

i'll take the credit for that.

no tip needed as I don't have an spr wallet. waste of storage space on my 2TB drive  

[coins101]

The whole point of projects coming under attack is to see if they can survive. That's also the nature of the bitcoin code and mining.

edit

but seriously, this project at this stage is overpriced. it really should be closer to 0.0001000

I have no issues with a coin coming "under attack" and am currently of the opinion that this one happens to be one of the few coins that can stand on its own merits now and hopefully in the future. But the unethical practice of using sock puppets instead of your "regular " BCT account to spread lies and disinformation cannot be defended and should not be supported by this forum through its inaction. If one believes in something they have to say, have the balls to risk the rep of your "invested" avatar when saying it. That simple practice would increase the value of this forum immeasurably.

Like bitcoin, price is really ancillary at the moment and will hopefully take care of itself one way or the other based on future development, practicality and adoption.

you can keep believing that socket puppet accounts are responsible for everything that is wrong with this project, if that is what helps you sleep better.

spr is still x3 overpriced.

[louiseth1]

snip...

Ignore coins101/spreadnodes. Have patience.  Your setup looks fine.  

thelonecrouton is a known drunk. He learned everything he knows about mining from the Todd Hoffman jungle mining crew on Discovery.

Give that man a cookie! I Lol'd for a couple mins.

[njs811]

The whole point of projects coming under attack is to see if they can survive. That's also the nature of the bitcoin code and mining.

edit

but seriously, this project at this stage is overpriced. it really should be closer to 0.0001000

I have no issues with a coin coming "under attack" and am currently of the opinion that this one happens to be one of the few coins that can stand on its own merits now and hopefully in the future. But the unethical practice of using sock puppets instead of your "regular " BCT account to spread lies and disinformation cannot be defended and should not be supported by this forum through its inaction. If one believes in something they have to say, have the balls to risk the rep of your "invested" avatar when saying it. That simple practice would increase the value of this forum immeasurably.

Like bitcoin, price is really ancillary at the moment and will hopefully take care of itself one way or the other based on future development, practicality and adoption.

you can keep believing that socket puppet accounts are responsible for everything that is wrong with this project, if that is what helps you sleep better.

spr is still x3 overpriced.

SPR is difficult to get, having large amounts of SPR will allow for masternodes, so the supply of SPR will greatly decrease as time goes on. If you know anything about basic economics then you will realize that a low supply and a high demand creates a high price.

[coins101]

The whole point of projects coming under attack is to see if they can survive. That's also the nature of the bitcoin code and mining.

edit

but seriously, this project at this stage is overpriced. it really should be closer to 0.0001000

I have no issues with a coin coming "under attack" and am currently of the opinion that this one happens to be one of the few coins that can stand on its own merits now and hopefully in the future. But the unethical practice of using sock puppets instead of your "regular " BCT account to spread lies and disinformation cannot be defended and should not be supported by this forum through its inaction. If one believes in something they have to say, have the balls to risk the rep of your "invested" avatar when saying it. That simple practice would increase the value of this forum immeasurably.

Like bitcoin, price is really ancillary at the moment and will hopefully take care of itself one way or the other based on future development, practicality and adoption.

you can keep believing that socket puppet accounts are responsible for everything that is wrong with this project, if that is what helps you sleep better.

spr is still x3 overpriced.

SPR is difficult to get, having large amounts of SPR will allow for masternodes, so the supply of SPR will greatly decrease as time goes on. If you know anything about basic economics then you will realize that a low supply and a high demand creates a high price.

I'd give up there if i were you.  

I wrote about the potential for Darkcoin last April.

https://bitcointalk.org/index.php?topic=579976.msg6335710#msg6335710

So I feel I can speak with some insight on the prospects of SPR, with its current model.

[oblox]

SPR is difficult to get, having large amounts of SPR will allow for masternodes, so the supply of SPR will greatly decrease as time goes on. If you know anything about basic economics then you will realize that a low supply and a high demand creates a high price.

High demand eh? Where is that evident when you have 24 trading volume of just over two grand?

[Moon Follow Me]

but seriously, this project at this stage is overpriced. it really should be closer to 0.0001000

i wonder how did you get this number? why not 0.00001/2/3 or just 1 sat? overpriced compared to what?

all jokes aside. the point is THERE ARE NO OVERPRICED/UNDERPRICED COINS. this is free market and it determines the price. if someone is willing to pay 0.01$/$1/$100/$1000 for a SPR that's the price. that's it. easy?

[thelonecrouton]

but seriously, this project at this stage is overpriced. it really should be closer to 0.0001000

i wonder how did you get this number? why not 0.00001/2/3 or just 1 sat? overpriced compared to what?

all jokes aside. the point is THERE ARE NO OVERPRICED/UNDERPRICED COINS. this is free market and it determines the price. if someone is willing to pay 0.01$/$1/$100/$1000 for a SPR that's the price. that's it. easy?

coins101's arse is like a magician's hat - it's amazing what he can pull out of it. 

[MyFarm]

Oblox, after bitching at SPR folks for posting in the Darkcoin thread, you continue to post over here.  And Coins101, you're just trolling.  If either of you post again, the first thing I'm going to do when SPR masternodes go live is post a dissertation length diatribe in the DRK thread about why the Spreadcoin masternode system is so superior to Darkcoin and why Spreadcoin is a superior investment.

Your choice.

[coins101]

but seriously, this project at this stage is overpriced. it really should be closer to 0.0001000

i wonder how did you get this number? why not 0.00001/2/3 or just 1 sat? overpriced compared to what?

all jokes aside. the point is THERE ARE NO OVERPRICED/UNDERPRICED COINS. this is free market and it determines the price. if someone is willing to pay 0.01$/$1/$100/$1000 for a SPR that's the price. that's it. easy?

Well there is a flaw in that point of view; a view I would ordinarily agree with.

You see, the point of SPR is to mimic darkcoin, but with a solo mining twist. That means master nodes with people buying tons of coins to prove their readiness to serve the network and prevent bad actors from occupying too many master nodes, threatening the anonymity the network is supposed to provide.

The race to introduce master nodes into SPR is only a race to manipulate the price.

Those that hold the majority of the coins never wanted liquidity in the market.  They were counting on master nodes to create buying demand very early into the project to further compound their reluctance to provide liquidity. They want to artificially push up the price at this early stage in the project.

Darkcoin, on the other hand has less than 50% of the coin supply locked up in master nodes, and coin volume was off the charts for the best part of 9 months.

Because there is price manipulation, I think there should be a significant market discount to the market price. You also have to take into account other factors, but that  is a good enough starting point.

[coins101]

Oblox, after bitching at SPR folks for posting in the Darkcoin thread, you continue to post over here.  And Coins101, you're just trolling.  If either of you post again, the first thing I'm going to do when SPR masternodes go live is post a dissertation length diatribe in the DRK thread about why the Spreadcoin masternode system is so superior to Darkcoin and why Spreadcoin is a superior investment.

Your choice.

he asked 

[MyFarm]

Oblox, after bitching at SPR folks for posting in the Darkcoin thread, you continue to post over here.  And Coins101, you're just trolling.  If either of you post again, the first thing I'm going to do when SPR masternodes go live is post a dissertation length diatribe in the DRK thread about why the Spreadcoin masternode system is so superior to Darkcoin and why Spreadcoin is a superior investment.

Your choice.

he asked 

I understand you were in the middle of that response so I'll let that one go.

But now, both of you need to head back to the Darkcoin thread or the gloves come off. 

If either of you at some point decide to take a legitimate position in SPR, then you're of course welcome in the thread.

[zeca pagodinho]

but seriously, this project at this stage is overpriced. it really should be closer to 0.0001000

i wonder how did you get this number? why not 0.00001/2/3 or just 1 sat? overpriced compared to what?

all jokes aside. the point is THERE ARE NO OVERPRICED/UNDERPRICED COINS. this is free market and it determines the price. if someone is willing to pay 0.01$/$1/$100/$1000 for a SPR that's the price. that's it. easy?

Well there is a flaw in that point of view; a view I would ordinarily agree with.

You see, the point of SPR is to mimic darkcoin, but with a solo mining twist. That means master nodes with people buying tons of coins to prove their readiness to serve the network and prevent bad actors from occupying too many master nodes, threatening the anonymity the network is supposed to provide.

The race to introduce master nodes into SPR is only a race to manipulate the price.

Those that hold the majority of the coins never wanted liquidity in the market.  They were counting on master nodes to create buying demand very early into the project to further compound their reluctance to provide liquidity. They want to artificially push up the price at this early stage in the project.

Darkcoin, on the other hand has less than 50% of the coin supply locked up in master nodes, and coin volume was off the charts for the best part of 9 months.

Because there is price manipulation, I think there should be a significant market discount to the market price. You also have to take into account other factors, but that  is a good enough starting point.

Tell me more!
I would like to understand your point of view! (I'm really interested in an analysis )  

[coins101]

Oblox, after bitching at SPR folks for posting in the Darkcoin thread, you continue to post over here.  And Coins101, you're just trolling.  If either of you post again, the first thing I'm going to do when SPR masternodes go live is post a dissertation length diatribe in the DRK thread about why the Spreadcoin masternode system is so superior to Darkcoin and why Spreadcoin is a superior investment.

Your choice.

he asked 

I understand you were in the middle of that response so I'll let that one go.

But now, both of you need to head back to the Darkcoin thread or the gloves come off. 

If either of you at some point decide to take a legitimate position in SPR, then you're of course welcome in the thread.

no chance.

I risked having my account suspended by standing up against Mr Spread's suspension when master nodes testing was getting going.

https://bitcointalk.org/index.php?topic=938394.msg10282522#msg10282522

That means I've banked a few more posts  

[mrcashking]

Im going to try make the hashtag  #SpreadCoin trend worldwide on twitter when everything is released just to make you trolls work overtime.  Follow me on twitter. www.twitter.com/MrCashKing

[coins101]

...snip...
Tell me more!
I would like to understand your point of view, as to how SpreadCoin will not last long! (I'm really interested in an analysis ) 

Hodl on. I didn't say any such thing.

I just gave my view on price and liquidity at this point in time. For all I know, solo mining might prove to be the only solution to 51% centralization.

But my view on that is for another day.

[MyFarm]

Bounty: 400 SPR

For shits and giggles, if someone good at math would like to do an analysis to find the most efficient determination of how many Darkcoin would have to be sold and how many Spreadcoin would have to be bought (with the total BTC that would have to be spent for them) for SPR to pass Darkcoin in price, in a manner that at least makes sense as I understand there are many variables, I'll pay you 400 SPR.

For example, if there is a 1000 DRK buy wall then selling into that isn't going to be efficient.  So 0 DRK would need to be sold but XXX,XXX SPR would have to be bought.

Or the most efficient means to do it would be to sell 23,450 DRK and buy 114,500 SPR because of current and anticipated buy and sell walls.

Not easy math I understand.  It's far beyond my capabilities.

[luigi1111]

Coins101 is definitely Spreadnodes.  I'm not sure on others, but am positive on that one.

I sincerely hope coins101 knows the difference between "your" and "you're".

You mean with the current optimized miner being used by a couple large farms the chances of a normal person being able to acquire any spreadcoin by mining is next to none.

If you are mining spreadcoin with a couple of GPU's you might as well switch them to something else.  You have a better chance of winning the lottery than mining spreadcoin.  All your doing is using electricity.  Mining spreadcoin is now controlled by a few large farms using optimized miners.  

I thought the no pool solo mining only concept was great at first.  Then I realized it was just a ploy to be able to hide what's actually going on.  Private optimized miner, private pools.  

Comparing solo mining Spreadcoin to winning the lottery is pretty funny...and off by several orders of magnitude.

[oblox]

Oblox, after bitching at SPR folks for posting in the Darkcoin thread, you continue to post over here.  And Coins101, you're just trolling.  If either of you post again, the first thing I'm going to do when SPR masternodes go live is post a dissertation length diatribe in the DRK thread about why the Spreadcoin masternode system is so superior to Darkcoin and why Spreadcoin is a superior investment.

Your choice.

I clarified what came off as bullshit. There isn't demand, evident by the volume. Perhaps I am missing something. And if SPR masternodes are superior, I welcome your dissertation for the whole world to see in the DRK thread. But since you readily stated that SPR is a superior investment to DRK, you probably should sell all your DRK if you haven't already, no? Carry on.