Topic: [ANN][SPA] SpainCoin: freedom for Spain - Airdrop ended, last coins destroyed!! - page 166. (Read 347615 times)
March 16, 2014, 09:29:27 AM
Cryptorush slow for anyone else?
March 16, 2014, 09:27:19 AM
1SPA should be 1.5 to 3 BTC. GDP of Spain is 1.35 Trillion USD while Iceland is only 14 Billion USD.
Hey I will sell you SPA coins for 0.5 BTC each so you can make much profit
Its a great deal for you, please contact me
I predicted the value of Aurora to be 70 USD in another forum. In fact Aurora touched 96 USD. Now let me give you some facts. The currency circulation of one country is about 6% of GDP. See this http://jerrykhachoyan.com/currency-in-circulation-as-a-percent-of-gdp/. In 2012 GDP of Spain is 1.35 Trillion USD. See this http://en.wikipedia.org/wiki/Economy_of_Spain. That means 6% of 1.35 Billion is 81Billion USD. If for example we just use 30% because Spain still have its own Fiat money in circulation now, that means 24.3 Billion USD. Now divide that by 50Million coins. You will come up with 486 USD or .78 BTC. Now in the future if all will use this currency that means the value should be 81Billion divided by 50M coins which is 1620USD or 2.6 BTC at currenct exchange rate.
+1
Only problem in my analysis above is that there's not enough BTC to cover the potential value of this coin. There are 2 scenarios i can see.
1. BTC value will rise because of demand from other alts to enter SPA. Lowering the alts value.
2. Direct SPA-Fiat exchange will open up bypassing BTC altogether.
If the holder of 50% premine is wise enough. He should use some of the SPA holdings to make sure that SPA-Fiat exchange will be put up shortly to achieve its max value potential by either putting up the exchange himself or give seed money to already existing BTC-Fiat exchange to support the coin.
For miners who don't understand the potential value of this coin please see above.
March 16, 2014, 09:25:16 AM
above .004 
March 16, 2014, 09:25:02 AM
which exchange is better? bittrex or mintpal?
March 16, 2014, 09:21:56 AM
MintPal @MintPalExchange 4m
Yes, it is Spaincoin! The SPA/BTC market is now live! Happy trading
https://www.mintpal.com/market/SPA/BTC
Yes, it is Spaincoin! The SPA/BTC market is now live! Happy trading
https://www.mintpal.com/market/SPA/BTC March 16, 2014, 09:21:48 AM
can anyone go on c-cex?
i cant get on this fucking site
i cant get on this fucking site
March 16, 2014, 09:20:59 AM
WTF this was fast, like 10 minutes and it is on mintpal
they dont want lose money in this game
March 16, 2014, 09:20:40 AM
god dammit! i just transferred to cryptorush 10 min ago!!!!
also, my transaction isn't showing in the blockchain yet, is this normal???
March 16, 2014, 09:20:01 AM
Come join us!
- Hosted in Canada
- Low Latency P2Pool Node
- 1% Fee
- Transaction Fees Paid to Miners
- No Signup Required
- Payouts Directly to Wallet
March 16, 2014, 09:19:57 AM
spaincoin def going on mintpal shortly, finally a good exchange.
that would pump this coin even further.what price do you think we see?
March 16, 2014, 09:19:51 AM
spaincoin def going on mintpal shortly, finally a good exchange.
Expect Cryptsy to add this coin today or tommorow.
Next pump after adding to Mintpal, then another one after adding to Cryptsy. We could surpass AUR in valuation tomorrow quite easily.
Interesting fact - yesterday 25M premine was worth 6M USD, today: 60M USD.. just think about it
March 16, 2014, 09:18:57 AM
to early to tell, would like to see over $10 in the near future, only 280,000 coins so far besides the premine for the airdrop def doable.
March 16, 2014, 09:18:47 AM
Hello guys, we have just added a SPA/BTC market at MintPal!
https://www.mintpal.com/market/SPA/BTC
Happy trading! Feel free to contact us at #mintpal on IRC freenode.net if you have any questions or problems.
https://www.mintpal.com/market/SPA/BTC
Happy trading! Feel free to contact us at #mintpal on IRC freenode.net if you have any questions or problems.
March 16, 2014, 09:18:40 AM
shit c-cex is down, cant transfer to crypto rush
March 16, 2014, 09:16:47 AM
Damnn I wish I had more BTC to invest in SPA
March 16, 2014, 09:16:14 AM
spaincoin def going on mintpal shortly, finally a good exchange.
that would pump this coin even further.what price do you think we see?
March 16, 2014, 09:14:36 AM
spaincoin def going on mintpal shortly, finally a good exchange.
that would pump this coin even further. March 16, 2014, 09:10:44 AM
spaincoin def going on mintpal shortly, finally a good exchange.
March 16, 2014, 09:09:21 AM
the best thing would be when spain accept this coin as official currency with euro, than the market cap go over bitcoins 10 billion
http://sereslibres.com/2014/03/16/spaincoin-la-criptomoneda-espanola/
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