Topic: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes - page 347. (Read 810079 times)

All good points.  I believe there are less mined SPR available now than DRK when masternodes were released though.  That needs to be taken into account as well when deciding the final number required.

I agree that the price of Spread has to rise so the masternodes can be less coins for people to own them   I also agree that buyig 24000 SpreadCoin at 0.00025 is very highly unlikely!! I can't see that happening at all This coin is going to be huge in 2015 and it will eventually be in the top 10 marketcap for sure without a doubt Cheers

I believe that SpreadCoin is exactly what Crypto has been waiting for and needs now more than ever I believe that Mr. Spread has been completely open with his ideas and intentions of his coin and the progress and path that he is planning on heading in for the coin and project and I in turn believe that is the reason why this community is growing stronger day by day and this coin will rise and rise and rise.  Like other people are quoting about how it is nearly impossible to have any bids filled on any exchange that is trading SpreadCoin and besides the mining the only real way to get SpreadCoin is to straight market buy them

It could be substantially more than 1000 SPR. The number of 1000 DRK was decided so that masternodes would be expensive and that someone would not buy / control a lot of them cheaply... the price was decided when DRK was around 0.0015 BTC (and it was understood that the price would rise over time - now it's 4x at 0.006)....

SPR is currently at a weak* 0.00025 which would require 24.000 SPRs to run an equivalently expensive node as Darkcoin's. But given the low liquidity this is unlikely, so the price per SPR has to rise instead. Or a mix of price-rise and something like 3000-5000-7000 coins per node could be the result.

* Meaning that even 10 bitcoins of purchases will easily multiply this price. Buying 24.000 SPR at 0.00025 is unlikely.

Your exalting of Mr. Spread has been noble but at this point it's mostly speculative.  Why would anyone go in on a coin based off of page count and vaporized promises?  It's taken a lot of time, money and man power for drk to get where it is at and still has many flaws and frustrated investors.  Every coin I've seen has just been one pump and dump after the other claiming to be at the top with btc.  98% are complete shit, scam coins and hopefully this is not one of them.  This is all we can hope for and maybe to dump before your knee high in monopoly crypto money. 

I just love how strong the community is growing and how hard it is to get any SPR buys filled without market buying the coins because the people holdig the SPR realize their worth and trust Mr. Spread will pull through like he already has with his promises he has made This coin is the coin of 2015 in my opinion Cheers

Hey Mr. spread, it would be cool if on the mining page it said the current coin reward.

somebody is just fudding here to buy cheap spr,I think. 
I never fall love with a coin,some coin is really shit,some one is great.
If you want to prove sth,plz prove it with data.

Nobody controlling this coin,just look at the trading volumn at betashare in the past months.The liquility is far more better than most of the coins,of course including DRK.plz speak with the data,okay??

I had successfully read the entire thread and i couldn't find any fallacies or deception anywhere in here.
Initially for a certain period of time, the Spreadcoin hadn't been added to any exchanges and the miners were left in a critical position, struggling to get paid for their time and power spent.
The dev had been working and delivering whatever he'd promised.
Initially this was launched as a CPU only mineable coin with some tweaks on X11 and after few days there was a sudden increase in the hashrate which was later found that someone was mining with GPU.
There was a panic all of a sudden and some major sell offs happened.
What's really surprising here is, since its only solo mineable the amount got dumped is only very few hundreds & thousands. The coin is very much fairly distributed and so only the real believers are holding a pretty decent amount. The rich list justifies this.
Things got settled when the dev brought the GPU miner.
The average traded price over the month of november is somewhere round 5000 sats.
Once it was added in Ccex, many came to understand the real potential in this and at once when the dev promised to add darksend, some large trades happened averaging around 13000 sats.

As COINS101 was stating that some small group might be controlling the supply, its defenitely not so.
Early adopters are very smart in here. DAMN . . .
Why would someone sell such a gem among the scammy crowd of alts?
Selling now would become a notable mistake in their crypto life.

What are you be prepared to pay?

I'm always open to offers. I'm not looking for free coins, and I am prepared to pay a reasonable market value for them.

Mr. Spread, you mentioned that masternodes and InstantX are the direction you're heading first and aren't looking at Darksend quite so much at present.  I support that.

Spreadcoin is more decentralized than any other coins.  One area of centralization with all coins is payments to merchants.  If you want to pay through merchants in an automated manner, you go through bitpay, coinpayments.net, etc and there is of course a fee there as well.  Centralization and a fee.  Not good.

Is there any reason that masternodes, in conjunction with InstantX, couldn't process payments?  You could still even have a very small fee, maybe .25% that gets paid to masternodes which would be an even bigger reason to run them.

No, it's a sign that nobody wants to sell their coins because:

1.  They know masternodes are coming and are saving up for that.
2.  Mining is hard and the only people mining are the ones that understand the value of this coin, not multipools.

You're used to multipools constantly dumping on other coins.  That doesn't happen here which completely changes the dynamics.

I do not understand, why just the reason people are not willing to sell at your price could be the sign that the coins are controlled by a small group.
Raise your price

Sorry to hear that, I think Spread could benefit from you and you could benefit from Spread.
But it's up to you, I think it's still early in the game to get in. Hope you change your mind.

I asked fairglu who runs chainz and his price is $150 in BTC per year.

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

edit: this looks promising, I might have a go at building it later - https://github.com/iquidus/explorer  example: http://heavychain.info/richlist

Probably best you do.  I for one am holding my coins for the master nodes.  I am not sure why anyone would sell that many coins for so little.

Tis better we get the CHAINZ block explorer, to analyse the distribution.
The present one's really a headache.

Why is it trouble?