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Topic: [ANN][SPA] SpainCoin: freedom for Spain - Airdrop ended, last coins destroyed!! - page 94. (Read 347615 times)

legendary
Activity: 1764
Merit: 1022
Oh and it seems an all around bad day for trading, even for btc.

Of course it is. Since all of the scammer 'copy master' Devs are trading BTC for their local currency so they can party with the bitches on your time and dime.
member
Activity: 98
Merit: 10
Call me the coin wrecker (;
Oh and it seems an all around bad day for trading, even for btc.
sr. member
Activity: 476
Merit: 250
you're missing your own point about mathematical expectation: the probabilities don't have to be equal for SPA to be a better bet, SPA can even have a much lower probability of success if the payout is high enough. If the payout on SPA is 4x and tech is 2x, then probability of SPA success can be up to 1/2 of the tech stock and still be a better bet.

I didn't say that they had to be the same, I took issue with you assuming that they were.
Your long post basically comes down to the answer that which is the best investment comes down to the relative expectations of success, which we have no way of calculating.

Quote
so as long as p_spa is > 0.25 its still a better bet than tech stock if expectation is all your considering
But you have no model to explain why p_spa should be > 0.25.
So it isn't math, it is just guessing.
legendary
Activity: 1288
Merit: 1000
The biggest joke of a country coin is what the hell is the average person is Spain going to do with any coins they receive? They can't go to a store and use them. They are worthless to the average person. The only thing they are good for is to exchange them for BTC and then they would need to exchange the BTC into their local currency. So all that would do is drive down the price since when a mom needs milk for the child they will take anything they can get since it was just giving to them free. That is if any were given away at all.


Go troll somewhere else
full member
Activity: 168
Merit: 100
The biggest joke of a country coin is what the hell is the average person is Spain going to do with any coins they receive? They can't go to a store and use them. They are worthless to the average person. The only thing they are good for is to exchange them for BTC and then they would need to exchange the BTC into their local currency. So all that would do is drive down the price since when a mom needs milk for the child they will take anything they can get since it was just giving to them free. That is if any were given away at all.


this will be in the hands of young people, they usually have enough tecnlogicos knowledge, and involve your family
legendary
Activity: 1764
Merit: 1022

It's obvious to me there's major market manipulation in SPA since launch, which continues. Network hash going up 100 GH/s in an instant, then dropping just as fast. Fake BTC injection to pump the price and then dumped. Even now as the price plummets, in the past hour hash tripled to over diff 800 and just dropped back to 150 in an instant. I would expect at least one more pump incoming!


Of course the is manipulation  since one guy held 50% of the coins. They got sucks BTC and then can buy and sell from themselves driving up the market for the next batch of suckers. Anyone that traded any BTC for this coin fell for the scam hook, line and sinker.

member
Activity: 98
Merit: 10
Call me the coin wrecker (;
The biggest joke of a country coin is what the hell is the average person is Spain going to do with any coins they receive? They can't go to a store and use them. They are worthless to the average person. The only thing they are good for is to exchange them for BTC and then they would need to change the BTC into their local currency. So all that would do is drive down the price since when a mom needs milk for the child they will take anything they can get since it was just giving to them free. That is if any were given away at all.


There are systems in production that will be released soon so vendors and merchants can jump on board and accept btc, ltc and alt crypto out of the box. They would be electronic payments, this is the way of the future. Instant payments with no pending transactions and transparency. TBH, the dollar itself can be backed by cryptocurrency since its backed by literally nothing. With Crypto you actually have machines doing work converting energy(kW to currency) so it actually has something to show for. Fiat is arbitrarily given a value. We dont want this to happen though, we want this to be the universal way of spending and we want it to stay decentralised.

Also, yes the people of Spain need to be more informed of there coin.
newbie
Activity: 41
Merit: 0
The biggest joke of a country coin is what the hell is the average person is Spain going to do with any coins they receive? They can't go to a store and use them. They are worthless to the average person. The only thing they are good for is to exchange them for BTC and then they would need to exchange the BTC into their local currency. So all that would do is drive down the price since when a mom needs milk for the child they will take anything they can get since it was just giving to them free. That is if any were given away at all.

look @ AUR. Same sht, holding @ 0.024.
legendary
Activity: 1764
Merit: 1022
 The biggest joke of a country coin is what the hell is the average person is Spain going to do with any coins they receive? They can't go to a store and use them. They are worthless to the average person. The only thing they are good for is to exchange them for BTC and then they would need to exchange the BTC into their local currency. So all that would do is drive down the price since when a mom needs milk for the child they will take anything they can get since it was just giving to them free. That is if any were given away at all.
hero member
Activity: 1036
Merit: 606
just because there are more people with a gpu than there are with asics? hah!... dream on kids! cryptocoins are in real money range now. real traders came in, real big companies are investing millions and probably even hundreds of millions of dollars in equipment and you think gpus are the future? ahahahhahahaha

that being said, i do believe some small market for the other algos will always exist because always small hash miners will still want to make a buck or too. but it won't get volumes. and if it gets volumes, asics will rape it... you really think it's impossible to make an assic mine scrypt-n or sha3... daydreaming in my opinion
i thing you are realy kids wich lack any understanding of cryptoworld.

WHen multipool enter the script coin it    then dump to litecoin or bitcoin and it non stop lowers the price!

How many sha 256 coins survived??Everyone was dumped to bitcoin by multipools until the death

Look at doge..it had anormus popularity but his biggest problem was that is just regular script like litecoin so any multipool could enter..even demand for doge was great multipool mined tons of doges and dump to market for butcoin or litecoin ..and that lower the price..if doge was not script it would have now market cap of 1 bilion

IF you have coin that is not script like sha-3 you dont have multipool that will dump if your coin became more profitable then litecoin.

what evidence do you have that multipools have entered SPA? hashrate is sinking like a stone and i've been monitoring two big multipools for just such a risk:

https://www.ltcrabbit.com/index.php?page=altcoin
https://www.multipool.us/multiport_stats.php

and they are not mining SPA yet

just curious, i would def like to know if a multipool was at work
It's obvious to me there's major market manipulation in SPA since launch, which continues. Network hash going up 100 GH/s in an instant, then dropping just as fast. Fake BTC injection to pump the price and then dumped. Even now as the price plummets, in the past hour hash tripled to over diff 800 and just dropped back to 150 in an instant. I would expect at least one more pump incoming!
legendary
Activity: 1764
Merit: 1022
 None of the 50% permine county coins will survive the long term since they are just the latest pump and dump trend. First it was just 5~10% premine then they shifted to IPO now it's 'doing it for a country' which is bull shit. They are doing it to pump and dump and there is no accountability for any person in that country to receive any coins. The block explorer don't prove shit since the 'copy master' could have shit load of addresses within their own wallet and can just send them to themselves saying look at what I gave away while they are dumping it on exchanges from their other addresses.

sr. member
Activity: 294
Merit: 250
boys, never mind about sha-3, it's highly asic-mineable, because the sha-3 standard was meant to be used in low power, single purpose chips. Just check with NIST at http://csrc.nist.gov/groups/ST/hash/sha-3/sha-3_standardization.html

When a sha-3 coin makes it into main street, you'll have asics for it in no time and down the megaTH/s  race we go Sad

Scrypt is about to get tested with greedseed and the likes, so we'll see it within one month or so - AFAIK , each chip will do has much hashrate has a R9 280x, but for MUCH less power (1/3 or less)

Eventually, all the coins that want to survive with small-sized, GPU-based miner power, will probably have to hardfork into scrypt-N somewhere along the way

Maybe SPA could be one of them. what you say, DEVs? Wink

full member
Activity: 168
Merit: 100
Ooo, nice. 0.00076998

Good time to buy some SPA Smiley

Diff is also low (net hashrate ~ 9 GH/s), so it is time to mine SpainCoin!

The situation is not that different from the one a week ago. Price dropped to 0.0004 BTC and then went up to 0.009 BTC (20x) in 24h. Anything is possible with such small amount of SPA coins available on the market.

Fast and stable SpainCoin pool: spa.speedhash.eu

Running good since SpainCoin launch!

Remember to check your SPAM folder to activate, edit, unlock account!

the same situation
why I not sold?
because I have good references from dev and Spain may be widespread support for the currency, creating a lot of crypto-business around it.
legendary
Activity: 1288
Merit: 1000
just because there are more people with a gpu than there are with asics? hah!... dream on kids! cryptocoins are in real money range now. real traders came in, real big companies are investing millions and probably even hundreds of millions of dollars in equipment and you think gpus are the future? ahahahhahahaha

that being said, i do believe some small market for the other algos will always exist because always small hash miners will still want to make a buck or too. but it won't get volumes. and if it gets volumes, asics will rape it... you really think it's impossible to make an assic mine scrypt-n or sha3... daydreaming in my opinion
i thing you are realy kids wich lack any understanding of cryptoworld.

WHen multipool enter the script coin it    then dump to litecoin or bitcoin and it non stop lowers the price!

How many sha 256 coins survived??Everyone was dumped to bitcoin by multipools until the death

Look at doge..it had anormus popularity but his biggest problem was that is just regular script like litecoin so any multipool could enter..even demand for doge was great multipool mined tons of doges and dump to market for butcoin or litecoin ..and that lower the price..if doge was not script it would have now market cap of 1 bilion

IF you have coin that is not script like sha-3 you dont have multipool that will dump if your coin became more profitable then litecoin.

Hey, and I am not a kid. I don't deeply understand cryptoworld, yes!
sr. member
Activity: 308
Merit: 250
just because there are more people with a gpu than there are with asics? hah!... dream on kids! cryptocoins are in real money range now. real traders came in, real big companies are investing millions and probably even hundreds of millions of dollars in equipment and you think gpus are the future? ahahahhahahaha

that being said, i do believe some small market for the other algos will always exist because always small hash miners will still want to make a buck or too. but it won't get volumes. and if it gets volumes, asics will rape it... you really think it's impossible to make an assic mine scrypt-n or sha3... daydreaming in my opinion

Exactly! too much money that is going to be made as well on the coin side as hardware side, both sides don't want to loose part of the cake
newbie
Activity: 28
Merit: 0
just because there are more people with a gpu than there are with asics? hah!... dream on kids! cryptocoins are in real money range now. real traders came in, real big companies are investing millions and probably even hundreds of millions of dollars in equipment and you think gpus are the future? ahahahhahahaha

that being said, i do believe some small market for the other algos will always exist because always small hash miners will still want to make a buck or too. but it won't get volumes. and if it gets volumes, asics will rape it... you really think it's impossible to make an assic mine scrypt-n or sha3... daydreaming in my opinion
i thing you are realy kids wich lack any understanding of cryptoworld.

WHen multipool enter the script coin it    then dump to litecoin or bitcoin and it non stop lowers the price!

How many sha 256 coins survived??Everyone was dumped to bitcoin by multipools until the death

Look at doge..it had anormus popularity but his biggest problem was that is just regular script like litecoin so any multipool could enter..even demand for doge was great multipool mined tons of doges and dump to market for butcoin or litecoin ..and that lower the price..if doge was not script it would have now market cap of 1 bilion

IF you have coin that is not script like sha-3 you dont have multipool that will dump if your coin became more profitable then litecoin.

what evidence do you have that multipools have entered SPA? hashrate is sinking like a stone and i've been monitoring two big multipools for just such a risk:

https://www.ltcrabbit.com/index.php?page=altcoin
https://www.multipool.us/multiport_stats.php

and they are not mining SPA yet

just curious, i would def like to know if a multipool was at work
hero member
Activity: 577
Merit: 500
Shine Like The Sun
This is true. The miners will destroy the value of SPA, go and look what happened to MZC.

Even the coin is great and you hold it, the miners will kill it. If not now, then later at Cryptsy.

I would advise to sell at this point and cut your losses.

- Tomi
legendary
Activity: 1288
Merit: 1000
just because there are more people with a gpu than there are with asics? hah!... dream on kids! cryptocoins are in real money range now. real traders came in, real big companies are investing millions and probably even hundreds of millions of dollars in equipment and you think gpus are the future? ahahahhahahaha

that being said, i do believe some small market for the other algos will always exist because always small hash miners will still want to make a buck or too. but it won't get volumes. and if it gets volumes, asics will rape it... you really think it's impossible to make an assic mine scrypt-n or sha3... daydreaming in my opinion
i thing you are realy kids wich lack any understanding of cryptoworld.

WHen multipool enter the script coin it    then dump to litecoin or bitcoin and it non stop lowers the price!

How many sha 256 coins survived??Everyone was dumped to bitcoin by multipools until the death

Look at doge..it had anormus popularity but his biggest problem was that is just regular script like litecoin so any multipool could enter..even demand for doge was great multipool mined tons of doges and dump to market for butcoin or litecoin ..and that lower the price..if doge was not script it would have now market cap of 1 bilion

IF you have coin that is not script like sha-3 you dont have multipool that will dump if your coin became more profitable then litecoin.

You are responsible for the further dump that happened after your post!!!
full member
Activity: 195
Merit: 100
Suggest some of you re-direct your energy to positive action.......

.......Two great countries with extra reasons to embrace change, but how many of their citizens know of these coins?  Work to be done.  These coins connect with people's patriotism in a way others don't.  Their success is far from guaranteed but they have more chance than most, but promotion, marketing and education is what is needed right now, along with a little patience from us.

Thanks for a positive note! Wink

Lets try to push this coin, not for pump and dump but forever.

https://bitcointalksearch.org/topic/m.5801789


How can we push it with weak hands Cheesy Promotion? I'm not strong in that.

.... sit tight, and hold the coins you have bought, ....

Thanks, I deleted my last post......

Good start  Wink

I think the obvious way to support this coin (and other national ones) is to:

1. Use social media (Facebook, Twitter etc) to spread the word (even if your reach is small, your connections may be large).

2. Ask the Dev of the coins what we can do to help.  (I will try to pm them to make them aware).

3. Ask the dev and others who are "locals" to the country to give us feedback on what coverage the coins are getting in those countries.  We need to see articles, blogs, news coverage, TV quotes etc.  But much of that may be in the local language and difficult for us to appreciate.  The one downside of national coins, but this disadvantage can be neutralised with a little work from individuals to translate or at least give us a running commentary of local news in English.  We apologise in advance for not being as good as you guys at learning languages  Embarrassed

4. Any budding marketing students out there?  This kind of thing must be perfect for the person who wants to be the marketing manager for Coca-Cola in 20 years to cut their teeth on.

5. Hold the coins you have, don't panic sell.

6. Continue to post important updates, especially positive ones, but don't give a running commentary of every flutter on the market.

I will try to draw attention to threads between the coins so I may post cross links every so often as I believe these national coins will probably live or die together.
legendary
Activity: 1288
Merit: 1000
Suggest some of you re-direct your energy to positive action.......

.......Two great countries with extra reasons to embrace change, but how many of their citizens know of these coins?  Work to be done.  These coins connect with people's patriotism in a way others don't.  Their success is far from guaranteed but they have more chance than most, but promotion, marketing and education is what is needed right now, along with a little patience from us.

Thanks for a positive note! Wink

Lets try to push this coin, not for pump and dump but forever.

https://bitcointalksearch.org/topic/m.5801789


How can we push it with weak hands Cheesy Promotion? I'm not strong in that.

well for starters you could avoid posting EVERY one of your anxiety ridden shit fits, sit tight, and hold the coins you have bought, instead of freaking out in public. or you could just sell and stfu. not trying to be a dick here but your 80% of the recent posts and they are all you pondering what an ass fucking you're receiving being long SPA, not exactly helping your, my, our cause here...

if you're so worried about it just dump it, i'm still buying incrementally lower. mining lowers the average cost of my position everyday, so panic away

Thanks, I deleted my last post. I guess I'm too nervous to sustain. I'll just do other things rather than sit in front of PC and letting go through my emotions every price change. I'll hold what I have. No daytrading for me anymore. Got some PLNc yesterday also.

You are great guys, who keeps our spirits up!

Thanks again!

Edit: Also deleted some of my other badly shaped posts.
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