Topic: [ANN] $SPRTS - Download New Sprouts Wallet Release 2.2.2 - Join us on Cryptopia - page 30. (Read 75066 times)

Good to see another Sprouts enthusiasts! There is a forum sprouts.community if you would like to join. You could also wait on the Bitcointalk ANN for Sprouts+, the revival of Sprouts, which will be launched next week to read the latest in summary.

Good that you and your friends are holding and staking Sprouts without problems! 

Downloading the wallet and staking is no problem at first sight. The market is and that will not solve itself. But why is the market a problem? Or rather: why is there a problem with the market?  

The high PoS reward results in a near exponential growth of the total supply, which will result in future removal from markets because of relative low value due to the high total supply plus hardly any investments/improvements over the years. Approximately 1300% compound interest annually, without showing major improvements, is absurd if you think which effect it has in the long run: "killing" itself.

The PoS reward seems like a good idea, but it is nothing more than boosting your virtual millions/billions. But what to do with all these virtual coins?

Sprouts is already not/hardly tradeable on the bitcoin market, due to the low value (far lower than 1 satoshi). It does not attrackt new investors and it is only a question of time until Sprouts will also lose tradeability on ethereum,  litecoin, doge, mooncoin, markets.

Sprouts+ will be a far more healthy and competitive coin, which will be tradeable. Plus have a lot of new features and functionality to do real good to the world plus add value to the holdings of Sprouts holders. Lowering the reward and total supply is the first step. But to ensure mid-and longterm growth and really make the currency functional, and not just another coin, there is far more work ahead.

In short: the markets will not improve without at the very least changes to the wallet.

Im currently staking and have a few friends doing the same. They downloaded the wallet without any issues within the last week, and are staking fine, so I dont know what all the fud about problems is all about. Its a high staking coin and thats not unlike a lot of POS coins. I say keep staking and wait for the markets to improve.

Spex code is better than sprouts. And fixed. But I need search better chain for that stuff. Mean pure code core not edited.

So you are considering to launch Sprouts+ which has nothing to do with SPEX, alltough the ICON is pretty similar.

When and how will you proceed with an eventual SPROUTS SWAP?
Do one need to have the coins at https://www.coinexchange.io/ in order to be able to SWAP them?  

Thanks Gonnabetya, I just red your post and will be following you.

Good news, because this is the thread for Sprouts not for Sprouts+!

A clone of what?

I'm sure some people mining sprouts today. Since I check more 9ghs for mining reward become small. But that need stable on mining so no dump. Since the logic emission is unique. If combine with eco(bcn network) will easy mine with low speed.

Because the extreme PoS reward resulted in a mega total supply, and Bitcoin had a great boost in price, the price of Sprouts is less than 1 satoshi ans hardly tradeable on the Bitcoin market.

Sprouts+ will decrease reward, decrease total supply and increase the 24h trade volume, make the currency more competitive, and will give you a fair price for your holdings.

Sprouts+ will also grow in the mid-longterm because of the investments and functionality. Sprouts+ can really do good for the world, which will also reflect in the value.

Great growth potential for your investment.

Within 24 hours we present information on the code and the swap on Sprouts.Community. Part of the developers are at devcon3 at the moment and finishing the document with the latest. Plus next week we will upload a Bitcointalk ANN specially for Sprouts+.

Note: Sprouts+ will not be a token, it will be a clone.

The key is trade. If im not mistake it will high if boss dump wall on btc wall. If doge is as small of it. I think that just market problem. And code last dev release with big pow reward. Im mining for this now and try if can function to swap on Cryptonote chain. As I know they have eco. Maybe not big ram used when pos

Note:just my experiment of programmer 10 years.

What? That doesn't explain well.

Sprouts problem just on supply reward. If not I've sell the sprouts keep than 1 sat lol

Hello,

I currently have about 10 million sprouts on coin exchange. Right now I can not get the best value out of it if I trade with BTC or DOGE coin. I paid around 0.08 BTC when I bought 10 million sprouts. Currenly I can only make $10 if I trade with Doge on coinexchange.

What should I do in this case? Should I just wait for the SWAP on coinexchange? Please help.

Like xp coin?

Hi scutkippy,

I'm not sure I understand your question.

If you're asking, if Sprouts+ becomes really popular and gains in value more than anticipated, would we allocate more to the community, the answer is, we'd discuss it at the time as it would depend on how much more value had been added. As long as there is enough in the pot to launch the business side of Sprouts+, we'd look to either burn or distribute to the community and / or one or more charities.

We'd discuss it first with the community, either way.

Hey, what will happen if you later get a surge in signature campaign participants will you then consider increasing the token allocation?

https://tradesatoshi.com/Vote  You can give one vote every day for Sprouts  "Free Votes"

Spex many bug. Prefer fork from bytecoin or Bitcoin or maybe zerocoin. Try zero cool for hash not much eat heated

Will you ever SWAP the SPROUTS and will we receive a notification if you'll do that?
I also saw some SPEXs around with a similar ICON...