Topic: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes - page 166. (Read 810099 times)

This isn't really possible to answer, as it depends on liquidity, which is largely unknown (at least the way I see it). You can't "anticipate" buy and sell walls with any sort of confidence.

On the other hand, if you're just talking about absolute price in BTC, one could simply take a look at the current order books and come up with some numbers pretty quickly, noting of course that the result would be a temporary equilibrium in price. A few seconds/minutes later the market would have shrugged off your buys/sells to some extent.

Want to ensure SPR's price attains and stays above DRK's? (~0.00785) Put in an order for every SPR in existence at 0.00786; ~1,760,000 * 0.00786 = 13,833.6 BTC. Note of course in reality it will take much, much less than that at least for the near future (until significantly more are mined). I'd estimate 1/10th to 1/5th of that amount, but that's not really grounded in anything. With the buy walls existing in DRK at the moment, selling is probably not going to be very productive to this hypothetical.

Edit: Bittrex's current order book says it'd require 148.9120 BTC to achieve > 0.007 (order book gets really thin up there). Selling DRK is less efficient than clearing out the last few rows in the SPR order book. Note of course that buying this way wouldn't last more than a few seconds at most.

I'm sorry if not I communicated well.
I just would like to see an elaborate analysis of the future SpreadCoin. 

that's not right. i'm a very early adopter of both darkcoin (sold all my coins at the spring peak) and spreadcoin (currently holding about 50k and buying more). i really like this coin and want it to succeed. masternodes is just a part of spreadcoin features. first of all, i want mr. spread to implement properly working masternode system (not that way darkcoin's works). it's not supposed to pump the price at all.

Thanks honey. <3

Nor do I expect exacting accuracy.  It's just for shits and giggles.

That's because it can't be done with any sort of real accuracy.

Thanks, I'll quote you when I post it.

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.

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


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

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.

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.

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

no chance.

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

https://bitcointalksearch.org/topic/m.10282522

That means I've banked a few more posts  

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

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.

he asked 

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.

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

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?