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

[thelonecrouton]

Dev,we need to strengten marketing and promotion.
The average mining cost in the past week is about 20K sato,if the net hashrate is not growing,the price will get stuck below 50K sato.

I suspect that once masternodes go live, all those issues will resolve themselves.

without sufficient net hashrate ,miners will keep dumping to earn the extra profit.

I hope that starts soon.  I'd love to pick up a load more SPR at these prices.

I want to buy 25BTC worth of SPR and it doesn't seem possible on the exchanges. They don't appear to be dumping there according to the volumes.  Maybe one of those miners who is dumping would like to send me a message!

Welcome to the free market, where buying 5% of an entire currency isn't going to be cheap...  

The fact that you and MyFarm are having problems acquiring as much as you'd each like is a pretty good indicator of where SPR is going, and the side benefits WRT sustainable market price of solo mining.

What happens when someone decides to hack the handful of people/servers needed to wreak utter havoc on Bitcoin? Heh, then we'll see what value a truly decentralised currency has. How much is BTC going to be worth if the wrong loony on 4chan raises a rabble and points it at the weak links?

You should perhaps be thinking of chucking some long term hashpower at SPR, not just about immediate trading opportunities.

[jertsy]

I suggest dev to cancell the 'backup your wallet' button,it looks a little bit ugly and there is already such funtion on the menu.

We could put it to the vote if enough people feel the same way.

[Coin-Moron]

I truly believed that this was well distributed.
But it seems otherwise, concentrated only among a few wallets.
Disgrace.

[MyFarm]

I truly believed that this was well distributed.
But it seems otherwise, concentrated only among a few wallets.

What facts do you have to backup your assertion?

[airball]

I truly believed that this was well distributed.
But it seems otherwise, concentrated only among a few wallets.
Disgrace.

don't worry about that.
in the early stage,it's indeed concentrated ,but soon as the price goes up,I'll sell it for sure to pay the eletricity power fee.

[airball]

I truly believed that this was well distributed.
But it seems otherwise, concentrated only among a few wallets.
Disgrace.

BTW: still up to now,Satoshi has 10% of bitcoin.
In the first 3 weeks ,I've mined 42K DRK,but so what?? As the price went up slowly before May,I sold 95% of them.
Never and never worry about big whale miners,in most cases,they are helping a coin to grow.

[Coin-Moron]

I truly believed that this was well distributed.
But it seems otherwise, concentrated only among a few wallets.
Disgrace.

BTW: still up to now,Satoshi has 10% of bitcoin.
In the first 3 weeks ,I've mined 42K DRK,but so what?? As the price went up slowly before May,I sold 95% of them.
Never and never worry about big whale miners,in most cases,they are helping a coin to grow.

But 90k SPR is too much of a holding by the current price.
I envy you 

[Coin-Moron]

Why don't put a decent sell wall by 40k, so that we could satisfy our hunger.  @ airball

[jertsy]

I truly believed that this was well distributed.
But it seems otherwise, concentrated only among a few wallets.

What facts do you have to backup your assertion?

What's the total coins minted? The biggest wallet has 153209 coins in.

http://www.multifaucet.tk/index.php?blockexplorer=SPR&top_addresses=100

[airball]

I truly believed that this was well distributed.
But it seems otherwise, concentrated only among a few wallets.
Disgrace.

BTW: still up to now,Satoshi has 10% of bitcoin.
In the first 3 weeks ,I've mined 42K DRK,but so what?? As the price went up slowly before May,I sold 95% of them.
Never and never worry about big whale miners,in most cases,they are helping a coin to grow.

But 90k SPR is too much of a holding by the current price.
I envy you 

hahah,holding or mining a coin is always risky.
but like I said,I would sell at least half of them as the price goes up to 50K to cover the huge amount of power fee.
I don't want to kill this coin,so I'll spread them.

[MyFarm]

I truly believed that this was well distributed.
But it seems otherwise, concentrated only among a few wallets.
Disgrace.

BTW: still up to now,Satoshi has 10% of bitcoin.
In the first 3 weeks ,I've mined 42K DRK,but so what?? As the price went up slowly before May,I sold 95% of them.
Never and never worry about big whale miners,in most cases,they are helping a coin to grow.

But 90k SPR is too much of a holding by the current price.
I envy you 

hahah,holding or mining a coin is always risky.
but like I said,I would sell at least half of them as the price goes up to 50K to cover the huge amount of power fee.
I don't want to kill this coin,so I'll spread them.

Put a 45,000 SPR sell order at 50k.  See what happens

[airball]

Electricity fee in my country is more expensive than most any other country.
It costs me .5 BTC+ electricity fee everyday for my mining rigs.

[airball]

Why don't put a decent sell wall by 40k, so that we could satisfy our hunger.  @ airball

hey,bro,you know,I've mined alot of shitcoins those days,40K sato won't cover my power fee,though I love the SRP community and Mr.spread's innovation and efforts into this coin.

[thelonecrouton]

I truly believed that this was well distributed.
But it seems otherwise, concentrated only among a few wallets.
Disgrace.

Early adopters often benefit. You should have been paying more attention when SPR was launched.* Disgrace!


*I wish I had been paying attention/heard about it too.  

edit: We are still at a very early stage. Hardly anyone knows about SPR yet...

[airball]

I truly believed that this was well distributed.
But it seems otherwise, concentrated only among a few wallets.
Disgrace.

Early adopters often benefit. You should have been paying more attention when SPR was launched.* Disgrace!


*I wish I had too. 

Early adopters always benefit or risk.
I've lost 50BTC+  investing in talkcoin,frsh,MLS,Ucoin.....,sign

[Coin-Moron]

I truly believed that this was well distributed.
But it seems otherwise, concentrated only among a few wallets.
Disgrace.

Early adopters often benefit. You should have been paying more attention when SPR was launched.* Disgrace!


*I wish I had too. 

Early adopters always benefit or risk.
I've lost 50BTC+  investing in talkcoin,frsh,MLS,Ucoin.....,sign

Are you phm 

[MyFarm]

I truly believed that this was well distributed.
But it seems otherwise, concentrated only among a few wallets.
Disgrace.

Early adopters often benefit. You should have been paying more attention when SPR was launched.* Disgrace!


*I wish I had too. 

Early adopters always benefit or risk.
I've lost 50BTC+  investing in talkcoin,frsh,MLS,Ucoin.....,sign

Fractalcoin was my big loser.

[airball]

I truly believed that this was well distributed.
But it seems otherwise, concentrated only among a few wallets.
Disgrace.

Early adopters often benefit. You should have been paying more attention when SPR was launched.* Disgrace!


*I wish I had too. 

Early adopters always benefit or risk.
I've lost 50BTC+  investing in talkcoin,frsh,MLS,Ucoin.....,sign

Are you phm 

phm  ??
I have no idea what you mean.

[thelonecrouton]

I truly believed that this was well distributed.
But it seems otherwise, concentrated only among a few wallets.
Disgrace.

Early adopters often benefit. You should have been paying more attention when SPR was launched.* Disgrace!


*I wish I had too. 

Early adopters always benefit or risk.
I've lost 50BTC+  investing in talkcoin,frsh,MLS,Ucoin.....,sign

Oh I agree, I said often, not always... people moaning about distribution are free to improve the distribution by ponying up an buying at the price dictated by the market.

[zeca pagodinho]

SpreadCoin is a choice like many others that exist in the market. There is no wrong or right choice, simply market investing, then something that is safer, something that can get some return. Just give it the attention it deserves!