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njs811
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February 10, 2015, 01:26:58 AM |
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It took us awhile to get the masternodes up and running for the first test. We are moving much faster now compared to the 1st test. I give it a week, max, before everything is up and running. We have almost 1300 potential MN and 200 currently elected.
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njs811
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February 10, 2015, 01:43:54 AM |
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What's with all the panic selling?
price action on DRK pulling attention away?
Foolish people who have no clue what the masternodes and InstantX program is going to do with SPR. I'm buying like crazy. I know that sounds like a good idea. And who knows, it probably is. But this project suffers from price manipulation and lack of liquidity is still a deterrent to people joining. I've been saying this for a while now. Look at the practical impact of this: I think that if the community wants to start promoting the coin than that is definitely great. In fact, Mrcashking is doing a pretty good job of that. Right now, the most important aspect is development. We're at 1200 MN's and need just a few hundred moreish...everyone needs to hop on the test!
Not enough community members to test. Yeah. I know. troll, fud, troll, fud, etc. Once masternodes are up we can easily expect the same price as Darkcoin. |
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sine_fuc
Member
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Activity: 62
Merit: 10
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February 10, 2015, 02:34:14 AM |
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The trading price and volumn look odd, flat price with growing volumn. Any ideas ?  |
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sine_fuc
Member
Offline
Activity: 62
Merit: 10
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February 10, 2015, 02:48:56 AM |
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I'd like to rent some rigs for this Coin, where can I find some ?
msg me suprnova pools are always quick to set up all kinds of pools. @ocminer ,when could we mine spreadcoins at your pool ? |
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MadGhost
Sr. Member
Offline
Activity: 294
Merit: 250
★777Coin.com★ Fun BTC Casino!
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February 10, 2015, 02:53:20 AM |
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I'd like to rent some rigs for this Coin, where can I find some ?
msg me suprnova pools are always quick to set up all kinds of pools. @ocminer ,when could we mine spreadcoins at your pool ? Send him a pm , may be you can get a response. |
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MemoryShock
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February 10, 2015, 03:23:15 AM |
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But this project suffers from price manipulation and lack of liquidity is still a deterrent to people joining. I've been saying this for a while now.
I think that I would argue price manipulation. I was part of the group that bought in 55K-60K. The reason it rose so much was due to the speculative nature of Mr. Spread's development and what was coming. The fallout occurred during the very concerted fud effort that was quite successful. Mr. Spread's banning didn't help either and might have helped the fud storm. There does seem to be a psychological deterrent though and some of it might be attributable to the the large amount of fanaticism amongst the DRK community (I say that in the most positive of ways; I am a DRK holder) - It's like some people painted there skin bright oranges and reds and grew fangs after buying DRK. Tis the nature of crypto. I also think that SPR is no threat to DRK. Those saying DRK or BTC level prices are possible/imminent are actually hurting in my opinion...but there is no reason that the price won't reflect the proficiency of Mr. Spread when the code is finished and released to Mainnet. With regards to lack of testers...phase two seems to have a higher participation rate than phase one. The thing with phase two is that 4 times as many MN's were required for testing and we are 80% of the way there in a bit over 36 hours. 300 MN's for phase one was a similar time frame if I am not mistaken... Of course, all we can do is see what happens. If it works...it works. |
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TwiddlerD
Newbie
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Activity: 19
Merit: 0
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February 10, 2015, 03:33:29 AM |
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But this project suffers from price manipulation and lack of liquidity is still a deterrent to people joining. I've been saying this for a while now.
I think that I would argue price manipulation. I was part of the group that bought in 55K-60K. The reason it rose so much was due to the speculative nature of Mr. Spread's development and what was coming. The fallout occurred during the very concerted fud effort that was quite successful. Mr. Spread's banning didn't help either and might have helped the fud storm. There does seem to be a psychological deterrent though and some of it might be attributable to the the large amount of fanaticism amongst the DRK community (I say that in the most positive of ways; I am a DRK holder) - It's like some people painted there skin bright oranges and reds and grew fangs after buying DRK. Tis the nature of crypto. I also think that SPR is no threat to DRK. Those saying DRK or BTC level prices are possible/imminent are actually hurting in my opinion...but there is no reason that the price won't reflect the proficiency of Mr. Spread when the code is finished and released to Mainnet. With regards to lack of testers...phase two seems to have a higher participation rate than phase one. The thing with phase two is that 4 times as many MN's were required for testing and we are 80% of the way there in a bit over 36 hours. 300 MN's for phase one was a similar time frame if I am not mistaken... Of course, all we can do is see what happens. If it works...it works. So our unintended FUD worked it seems hahahaha thanks for the cheap coins now it is pumping time   |
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MemoryShock
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February 10, 2015, 03:48:37 AM |
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Oh goodness. I never sold. Nor am I sure what to make of that comment. |
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njs811
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February 10, 2015, 06:11:02 AM |
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But this project suffers from price manipulation and lack of liquidity is still a deterrent to people joining. I've been saying this for a while now.
I think that I would argue price manipulation. I was part of the group that bought in 55K-60K. The reason it rose so much was due to the speculative nature of Mr. Spread's development and what was coming. The fallout occurred during the very concerted fud effort that was quite successful. Mr. Spread's banning didn't help either and might have helped the fud storm. There does seem to be a psychological deterrent though and some of it might be attributable to the the large amount of fanaticism amongst the DRK community (I say that in the most positive of ways; I am a DRK holder) - It's like some people painted there skin bright oranges and reds and grew fangs after buying DRK. Tis the nature of crypto. I also think that SPR is no threat to DRK. Those saying DRK or BTC level prices are possible/imminent are actually hurting in my opinion...but there is no reason that the price won't reflect the proficiency of Mr. Spread when the code is finished and released to Mainnet. With regards to lack of testers...phase two seems to have a higher participation rate than phase one. The thing with phase two is that 4 times as many MN's were required for testing and we are 80% of the way there in a bit over 36 hours. 300 MN's for phase one was a similar time frame if I am not mistaken... Of course, all we can do is see what happens. If it works...it works. How does it hurt the price if we establish what a coin is worth before it reaches that point? The reality is that coins are not backed by anything physical. This means that a coin is only worth what someone is willing to pay for it. If everyone believes that dogecoin will go to the moon, guess what people holding dogecoin will do? They will hold it until it hits the moon. If we express to the general population that SPR is worth $100 a piece (which I believe it is) then that will become the psychological value. Meaning that people will hold at least until that point, but by that point it will have become so popular that we can expect a stable price. |
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Nthused
Legendary
Offline
Activity: 1554
Merit: 1001
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February 10, 2015, 06:44:08 AM |
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But this project suffers from price manipulation and lack of liquidity is still a deterrent to people joining. I've been saying this for a while now.
I think that I would argue price manipulation. I was part of the group that bought in 55K-60K. The reason it rose so much was due to the speculative nature of Mr. Spread's development and what was coming. The fallout occurred during the very concerted fud effort that was quite successful. Mr. Spread's banning didn't help either and might have helped the fud storm. There does seem to be a psychological deterrent though and some of it might be attributable to the the large amount of fanaticism amongst the DRK community (I say that in the most positive of ways; I am a DRK holder) - It's like some people painted there skin bright oranges and reds and grew fangs after buying DRK. Tis the nature of crypto. I also think that SPR is no threat to DRK. Those saying DRK or BTC level prices are possible/imminent are actually hurting in my opinion...but there is no reason that the price won't reflect the proficiency of Mr. Spread when the code is finished and released to Mainnet. With regards to lack of testers...phase two seems to have a higher participation rate than phase one. The thing with phase two is that 4 times as many MN's were required for testing and we are 80% of the way there in a bit over 36 hours. 300 MN's for phase one was a similar time frame if I am not mistaken... Of course, all we can do is see what happens. If it works...it works. How does it hurt the price if we establish what a coin is worth before it reaches that point? The reality is that coins are not backed by anything physical. This means that a coin is only worth what someone is willing to pay for it. If everyone believes that dogecoin will go to the moon, guess what people holding dogecoin will do? They will hold it until it hits the moon. If we express to the general population that SPR is worth $100 a piece (which I believe it is) then that will become the psychological value. Meaning that people will hold at least until that point, but by that point it will have become so popular that we can expect a stable price. Remember the LTC & DRK prices ? They were at pretty high levels & SPR can achieve that, once the new ASIC's are released for the X Series Algorithms then they will all move to Spreadcoin, Dark will be at risk then too as it will then have ASIC's and SPR won't due to its Decentralization & Unique Algorithm. |
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njs811
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February 10, 2015, 07:00:50 AM |
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But this project suffers from price manipulation and lack of liquidity is still a deterrent to people joining. I've been saying this for a while now.
I think that I would argue price manipulation. I was part of the group that bought in 55K-60K. The reason it rose so much was due to the speculative nature of Mr. Spread's development and what was coming. The fallout occurred during the very concerted fud effort that was quite successful. Mr. Spread's banning didn't help either and might have helped the fud storm. There does seem to be a psychological deterrent though and some of it might be attributable to the the large amount of fanaticism amongst the DRK community (I say that in the most positive of ways; I am a DRK holder) - It's like some people painted there skin bright oranges and reds and grew fangs after buying DRK. Tis the nature of crypto. I also think that SPR is no threat to DRK. Those saying DRK or BTC level prices are possible/imminent are actually hurting in my opinion...but there is no reason that the price won't reflect the proficiency of Mr. Spread when the code is finished and released to Mainnet. With regards to lack of testers...phase two seems to have a higher participation rate than phase one. The thing with phase two is that 4 times as many MN's were required for testing and we are 80% of the way there in a bit over 36 hours. 300 MN's for phase one was a similar time frame if I am not mistaken... Of course, all we can do is see what happens. If it works...it works. How does it hurt the price if we establish what a coin is worth before it reaches that point? The reality is that coins are not backed by anything physical. This means that a coin is only worth what someone is willing to pay for it. If everyone believes that dogecoin will go to the moon, guess what people holding dogecoin will do? They will hold it until it hits the moon. If we express to the general population that SPR is worth $100 a piece (which I believe it is) then that will become the psychological value. Meaning that people will hold at least until that point, but by that point it will have become so popular that we can expect a stable price. Remember the LTC & DRK prices ? They were at pretty high levels & SPR can achieve that, once the new ASIC's are released for the X Series Algorithms then they will all move to Spreadcoin, Dark will be at risk then too as it will then have ASIC's and SPR won't due to its Decentralization & Unique Algorithm. Even if we end up with asics for spreadcoin that still doesn't hurt us very much. With no pools we still have an extremely decentralized currency. Even if there are massive farms that pop up there is still little chance that anyone could reach 51% power. As the network grows in hashrate so will the decentralization of it all. |
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njs811
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February 10, 2015, 07:01:46 AM |
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Its a bit of a long shot but I requested that SPR be added to this website:
https:// shapeshift.io/#
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MemoryShock
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February 10, 2015, 07:14:16 AM |
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But this project suffers from price manipulation and lack of liquidity is still a deterrent to people joining. I've been saying this for a while now.
I think that I would argue price manipulation. I was part of the group that bought in 55K-60K. The reason it rose so much was due to the speculative nature of Mr. Spread's development and what was coming. The fallout occurred during the very concerted fud effort that was quite successful. Mr. Spread's banning didn't help either and might have helped the fud storm. There does seem to be a psychological deterrent though and some of it might be attributable to the the large amount of fanaticism amongst the DRK community (I say that in the most positive of ways; I am a DRK holder) - It's like some people painted there skin bright oranges and reds and grew fangs after buying DRK. Tis the nature of crypto. I also think that SPR is no threat to DRK. Those saying DRK or BTC level prices are possible/imminent are actually hurting in my opinion...but there is no reason that the price won't reflect the proficiency of Mr. Spread when the code is finished and released to Mainnet. With regards to lack of testers...phase two seems to have a higher participation rate than phase one. The thing with phase two is that 4 times as many MN's were required for testing and we are 80% of the way there in a bit over 36 hours. 300 MN's for phase one was a similar time frame if I am not mistaken... Of course, all we can do is see what happens. If it works...it works. How does it hurt the price if we establish what a coin is worth before it reaches that point? The reality is that coins are not backed by anything physical. This means that a coin is only worth what someone is willing to pay for it. If everyone believes that dogecoin will go to the moon, guess what people holding dogecoin will do? They will hold it until it hits the moon. If we express to the general population that SPR is worth $100 a piece (which I believe it is) then that will become the psychological value. Meaning that people will hold at least until that point, but by that point it will have become so popular that we can expect a stable price. I see no problem with your argument since my basis for assertion was that - psychological. The flip side impression could be just as negative...but less likely with a coin that is as established SPR. You might be surprised how many ANN threads I have read which turned out to be pump and dumps which contained moon exclamations...or not. The amount of coins I actually have placed money in is very small comparatively. Psych major here so I am generally interested in reading more than I post...doesn't always work out that way... That said, I am optimistic here. Testing here and haven't sold...; ) |
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Zackgeno96
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February 10, 2015, 07:26:17 AM |
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had no idea there was two threads, the other thread has a higher relevance only when typing SPR in the search you find both threads and this thread is still underneath the other thread |
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njs811
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February 10, 2015, 07:28:23 AM |
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had no idea there was two threads, the other thread has a higher relevance only when typing SPR in the search you find both threads and this thread is still underneath the other thread At one point we had so many people harassing us that we couldn't discuss SPR without someone trying to destroy what we said. It made productivity impossible. Someone else created a separate thread (which is moderated) so that we could remain productive without people attempting to manipulate price through slander. |
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njs811
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February 10, 2015, 07:33:52 AM |
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That wont be a problem when masternodes come out. |
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Zackgeno96
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February 10, 2015, 07:35:45 AM |
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That wont be a problem when masternodes come out. when is the release date for the masternodes? |
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sine_fuc
Member
Offline
Activity: 62
Merit: 10
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February 10, 2015, 07:37:04 AM |
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had no idea there was two threads, the other thread has a higher relevance only when typing SPR in the search you find both threads and this thread is still underneath the other thread At one point we had so many people harassing us that we couldn't discuss SPR without someone trying to destroy what we said. It made productivity impossible. Someone else created a separate thread (which is moderated) so that we could remain productive without people attempting to manipulate price through slander. Starting a new moderated topic(also creating a bad image that this coin is weak) is not a good idea,I think. It makes people feel this coin is controlled by a small group. |
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