I must say that I do enjoy having SPR around and I am excited to see what happens. I am not investing in it though, as I don´t see the added value proposition in terms of the end user compared to DRK. The differences are of form, do the masternodes a little different, do the mining a little different, but nothing different than DRK or BTC for the end user. For now the only end user directed feature I have heard of is copying InstantX from DRK, but DRK already has that. So no original added value from an end user perspective yet, lets see what the future holds.
On the other hand, I dont like investing in anonymous developers and also I have the feeling that some early holders have more power over the project than the developer himself. So in the end, I wouldnt know who I am entrusting my money with.
The last thing that I would say is that the DRK holders that are here have all their bases covered, they already own nice amounts of DRK and is not like they sold those to hold SPR. So the newbies here should be careful and do the same and cover their bases buy some DRK. Some of the DRK holders here see this as a side investment if it does not go well they still have their DRK so they are OK if it goes well they make some profit, so they don't have much to loose.
Other DRK holders saw an opportunity to buy lots of this really cheap and promote it as an alternative within the community and then others bought that idea as they could buy more of this than they could DRK and are hoping for rewards. Those are all very good valid reasons to take a risk, but again, they all have their bases covered. If you are a newbie here with no DRK holdings you are assuming a greater risk than they are and that puts you at a disadvantage if you have decided you want to support this coin you must hedge your investment and buy some DRK, since for now it is trying to be a copy of a much more established coin, it makes no sense to only hold the copy. The ones that hold the original and the copy too, have all their bases covered are doing it right. The ones that only hold the copy are running a greater risk and are at the hands of the first group.
Good luck with the project, lets see how it goes. I am staying with DRK though a lot more to do still. Cheers.
You REALLY wanna talk about initial distribution, when DRK was mined at low diff with a higher block reward, before it was dropped lower, fucking everyone who mined later?
In that particular line (I made several other points) I was not talking about "initial" distribution but about current distribution in general. See, what you are missing it that DRK is a first mover in its market segment, there was no previous benchmark of success when DRK was launched, so although the launch was very poor, people didn't have any particular incentive to hold their coins at that time. So a lot of the early holders sold several times over those amounts specially during DRK's first bubble all the way up to 15USD.
Also, there were some unplanned events that helped a lot with distribution, back in the early days there was a big hack on C-CEX I lost 1500USD on that hack. Where the hacker stole a bunch of BTC bought DRK with stolen coins, extract those DRK from C-CEX and dumped them all on Poloniex, people bought for nothing in Poloniex all of these stolen coins. Additionally, a lot of early holders are documented to have sold during the first bubble like InternetApe who sold 160K coins as he didn't know DRK was going to become what it did. So time took care of distributing DRK properly.
This does not really happen with clones, since this coin SPR was valued at only a few thousand satoshis people have been talking about it overtaking DRK so they just hold their coins and they don't ever sell them. There is already a benchmark, they are expecting it to "go to the moon" but this will not happen because the coin is not naturally distributed. All coins that went to the moon were first movers in a way or another. BTC first coin ever, LTC first succesful altcoin, Dogecoin first meme public friendly coin, DRK first privacy centered coin, PPC first Proof of Stake, NXT, BTS, etc. All first movers.
Natural distribution only happens when holders dont have a clear expectation of success so they are willing to sell with normal profits, creating a new bigger generation of holders until it reaches a critical point. This is really unlikely to happen with a clone as the success of the original is expected from day one.
This is my honest opinion, I guess we willl see what happens.