Topic: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes - page 176. (Read 810085 times)

It's a challenging topic to discuss, but its doable. I remember trying to explain the internet to people far older than me but given enough time, they became accustomed.

You're comparing money to what is has been in the past and currently is, not necessarily the direction it could go in the future. The majority of the people when asked about email over sending letters in the mail in the early 90s thought email would never take off... now it's the number one form of communication. Bitcoin (and other crypto coins for that matter) is still young... the infrastructure is still being built out. Who's to say in five or ten years time you won't be easily able to access your Bitcoins in countless locations? Why does money have to have a physical form when we are in a digital age. This isn't the 1950's anymore.

Once Spreadcoin implements any of it's Big brothers (DRK) features onto the mainnet. This will be an interesting experiment.  Does spreadcoin innovate and bring along something new which it has done a little already or will it just be a piggybacker its whole life. Only time will tell.

Yes but what I'm saying is have you ever tried to describe what Bitcoin is to someone older who is not technologically advanced as most of us? It's virtually impossible lol And the reason why online bill payments or credit cards are accepted still as money because you can go to the bank and take out money on your credit card or debit card.  I'm not saying that Bitcoin doesn't hold value I'm saying that trying to explain to someone where Bitcoin comes from and how they can use it to purchase things is a pretty tough concept for most people to grasp.  

The purpose of Bitcoin wasn't strictly for the fees banks charge. If that were the case, even if transfers via Bitcoin globally are minuscule in fees, the volatility in the price of Bitcoin could cost you substantially more than just traditionally wire transferring the money (at least at this time). Merchants are going to be drawn to the largest known crypto (obviously) but being that Darkcoin is built off the BTC codebase, it's a simple addition for any merchant to accept DRK. Besides, the niche market for privacy just in the underground markets alone (even if it isn't the sole driver of Darkcoin) is valued at over $1.8 TRILLION USD annually.

Im also here to make money as well. Hints the name. haha But take this for an example someone creates an idea (Smartphone) some other guy comes along sees the potential or likes the idea they decide to expand on the idea to make it better or easier to use and now we have the iphone it's the top must have smartphone but theres also other smartphone companies that do the same but offer other user preferences that fit the consumer or user (Samsung phones) and they decide to use it instead of the must have phone because of their personal needs. If that makes any sense at all.

I get what you are saying and the private keys thing must of been from a different coin using like stealth transactions using private keys.  Also I do believe that the bigger thing on crypto is not the privacy like you were stating with the bank statements but the fees associated with money in general.  That was what Bitcoin was created for am I right? Was so that banks couldn't be the monopolies of currencies and rape people with the fees and charges that incurred when you spent money or sent money to people.  As for the things that you have purchased with Darkcoin I wasn't saying that you couldn't buy things with them I was simply pointing out that there is a better chance as it stands right now that if any merchant is going to consider accepting a cryptocurrency as payment they are obviously going to choose Bitcoin because it is the original one.  I do agree that Darkcoin has improved Crypto in a very huge way and is definitely here for the long haul but like I was saying for a coin to be as generally accepted as Bitcoin or replace Bitcoin as a payment option it would have to be more user friendly and faster transaction times and made for the simple minded folk of this world

So the truth comes out.  You just see this coin as a way to profit and acquire more bitcoin.  Since you've admitted that then you can stop with your shilling for spreadcoin because you've just admitted that the only purpose for this coin is to dump on someone else to get more bitcoin.  After all the shilling it's nice that you've finally come clean and admitted that this coin is nothing more than a pump and dump shitcoin.

Thanks for admitting that in public.  

Fair enough but the difference is that Darkcoin (or Xcoin as it originally was) set out to fill a void that Bitcoin did not fill. I'm simply asking what void SPR fills to differentiate itself from Bitcoin. Again, the end user doesn't care what algo secures the coin or whether it was mined via pools or not.

And you're going to clone the masternode network, development team, existing merchant adoption how again? The only way it would work would be from the top down and on the coin itself, not just blindly copying it.

I see you added so I will answer this as well:

We live in a digital world. With direct deposit, online bill pay, and credit/debit cards, no one really "sees" money anymore. It's just a number accessed via the web. How is that any different than crypto? It doesn't have to exist materially in the real world to "have value". Yes, its value as fluctuated greatly, but it still has "value" by definition.

I didn't say Darkcoin would have a larger market cap than Bitcoin, just that Darkcoin improves Bitcoin in nearly all areas. As to answer your question as to what I have personally use Darkcoin for. I have used it for gambling, buying consumer goods, and on occasionally, tipping. The majority of my stash I'm sitting on simply due to the undervalued nature of it. That is the one unfortunate side effect of deflationary currencies is "hoarding".

As for the privacy thing being so last year or why do people need privacy--if you really have to ask... the easiest "go to argument" would be to feel free to post your online banking statement(s) for the world to see. Feel free to white out your name and address, but leave the existing balances, where you purchased, what you purchased, and time of purchase--that's what blockchain technology provides in its transparency.

I have no idea what you are getting at with private keys... you're off base in terms of what Darkcoin is doing for privacy. The blockchain is still there as a record of transactions happening but the sender is protected through obscurity.

the coin is still being developed. Who knows what will come of it. Sort of like Darkcoin when we first saw it as Xcoin. And it evolved and developed into the coin we know today. Im sure many people had some of the same questions. Mr.Spread is a great developer with alot of great ideas to add onto what Darkcoin has molded already.  Spread is not a threat to DRK at al.l only people who think that it's a threat are people who are scared of losing money due to competition.  I personally invested into spread because I like the devs works he did on Masternodes GUI and how he simplified it to make it easier for me to setup.

If the Darkcoin codebase was cloned and the app renamed, addressing the negative connotations, its improved potential for adoption would make it an even stronger competitor to Bitcoin and so would gain your endorsement?

Cheers

Graham

Ya I get what you are saying but how much stuff do you buy with your Darkcoin? I get the whole privacy thing but for real world mass adoption people aren't going to want complete privacy unless they are using the coin to launder money or purchasing things they don't want traced back to them.  I mean would you want to purchase a T.V but have no record that you purchased it? I do understand that by privacy it also means that you have private keys to prove that a transaction was yours if you needed to but the whole privacy thing was so last year in my opinion.  But that's just me lol What I really think Crypto needs for a worldwide accepted coin is a transparent coin which can keep records of what you have spent them on because really at the end of the day how many people are going to learn how to set up private keys and learn how to use them properly so they can spend their coins or prove that they spent their coins in the event that they spent some coins but never received what they purchased and now the only way that they can prove it is by having their private keys and decode the transaction to prove that they were indeed the person who purchased something? I dunno that's just my two cents and like I said I love DarkCoin too but to think that Darkcoin will be more than BTC is a pipedream because you seem to forget we are now living in dumbed down times where people want things to be easier and easier and easier to do and not have to think about how to do it. LOL

I mean how many people here have tried just explaining what Bitcoin is to someone who has never heard of it and try to convince them that it holds value? I know I have and everytime I get the same answer from people that they either don't trust computers and technology or that how can it be worth something if it comes from nowhere?

Then I guess I am a liar because in the case of Darkcoin, I'm not interested in making more BTC (although there is an indirect benefit being that the market still prices DRK's majority of volume in Bitcoin). I actually believe Darkcoin improves Bitcoin in nearly every aspect although I question mainstream traction for adoption given the negative connotations seen in the name (I'm not bothered by it personally but I can see those that would be) and complying with regulations AML/KYC rules. Digital cash is what I am investing in, nothing more, nothing less. I want a currency that is fungible without worry of government's screwing with the monetary base, all the while racing to devalue their currencies in order to stimulate economies and function around overbearing debts.

Spreadcoin, as it currently stands, is not a competitor to Bitcoin. It doesn't fulfill any niche to justify its existence other than those using it strictly to try to obtain more BTC. In the case with Dark, it fills the privacy niche that Bitcoin is solely lacking.

I think it speaks volumes for one of the most active SPR holders to say they are only in it to obtain more BTC, not that there is any true belief in the currency offering utility.

Okay this is where I'll be real about something because I said I call it when I see it and to answer your question with all altcoins they add features like faster transaction times or masternodes or fancy wallets or something that will make people mine/buy or sell their coin but in all honesty and not one single person here can claim otherwise but at the end of the day it all boils down to how much BTC you can make off a coin! Anyone who tells you that they don't buy altcoins to make more BTC is a fucking liar!! I mean there is the possibility that maybe one day a new crypto currency will be accepted as a payment method because of BTC's slow transaction times but as Crypto stands right now at the end of the day Altcoins are generally created to make people more BTC because Bitcoin is how all of this started and that's what the majority of people just learning about Crypto know is Bitcoin.  Any coins in the past that have claimed to be asset backed or have found somewhere to accept their coin it has always been short lived because at the end of the day if you asked someone if they wanted 3 BTC or 3 BTC worth of a coin chances are they would take the BTC!! But don't get me wrong I would love to see a coin like SpreadCoin being accepted places as a payment option but like I have said before until people start accepting Crypto currency as a normal way of paying for things or they find a coin that they can trust and isn't a scam it will all lead back to BTC.  That's what everyone in CryptoTrading is here for whether they want to admit it or not!! Do I hold a lot of SpreadCoin? Yes I do and do I hold a lot of SpreadCoin because I believe that one day I will be paying for things with it? NO!! I hold SpreadCoin because I can see the value of the coin going to way higher than it is right now which in turn results in what? MORE BTC!!!

Although SpreadCoin is a good competitor for Bitcoin with the way that it is laid out and constructed as is Darkcoin but for either of those two to replace Bitcoin would take a lot of years still.

Okay guys, bitch the price down to 18000 sat so I can get back in and whale around some more.

Just curious but what is the value-add here? At the end of the day, pool or no pool, the average end user isn't going to care. It just has to work, be liquid enough that they aren't raped on exchange, and have markets/merchant acceptance. What merchants are using SPR? What differentiating factor is there over BTC?

Start a Public pool then Hippie Call these people on their bluff then if you are so certain that everything you say is right and everything everyone says is wrong

Also I will save you the hassle of using google http://dictionary.reference.com/browse/call+someone%27s+bluff

You know JUST IN CASE you didn't understand what I was proposing buddy Cheers

Even if pools are possible and set up that doesn't change the coin.  How many other coins have pools? All of them... they still have value. SPR will not die even if pools start popping up.