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.
