[SPC][PoF] SaveCoin | Proof of Fund Coin | 64% Interest Annually / 0.137% Daily - page 13.

coinhope7

newbie

Activity: 16

Merit: 0

The $0 is because Bittrex was down. I am confident CoinMarketcap will update that soon. All the volume was on Bittrex.

I'm still bullish on SaveCoin. I do think that Long term investors will hold and miners will provide liquidity, as they need to sell to pay for equipment, electricity etc. As the market grows, merchants will jump on. It would be great if we had a video

Go SaveCoin

pawel7777

legendary

Activity: 2436

Merit: 1561

Quote from: RJF on June 11, 2014, 10:18:32 AM

Quote from: coinhope7 on June 11, 2014, 01:08:57 AM

Long term Investors, Buy up the coin....

Hold...in your wallet, nothing to do, coins everyday to your address. Guaranteed, everyday, unlike, unreliable proof of stake. The next level, the upgrade, Proof of Fund. SaveCoin the 1st Proof of Fund coin. We have few coins so our marketcap is low, but wait in a few months, they will start noticing us on CoinMarketcap. With less than 2500 coins produced a day, Long term investors will be taking the lead with this coin. Miners will provide liquidity. This is a great circle as we build our community. Remember buying 1 coin today will be be worth many coins in a year with compounding interest. We are looking for long term investors. Go SaveCoin

SaveCoin is SPC ....

Yes, we are looking for long term investors but, we also need to spend the coin and find services that will accept it if we want the price to raise. Check out the listing from CCMC below:

268 SaveCoin $ 4,160 $ 0.050499 82,387 SPC** $ 0 +5.48 %

See the big "0"? That's volume over the last 24hrs, there isn't any and that's the problem, we need to generate volume or we will loose in the long run. Other than taht, price looks good and market capitalization is on an upswing, not bad actually.

So, get the word out for inclusion by merchants, funds, services, basically anything you can think of to get the coin moving.

RJF

I agree with you. But don't worry too much about what's on coinmarketcap. I remember when checked this morning, SPC was around position 140 with 24h volume over $3k and over 90% increase in price.
These stats are useful, but they change pretty quickly, especially for new coins.

zhouhuiyan520

full member

Activity: 182

Merit: 100

Community

have u saved the btc market?

Spratan

hero member

Activity: 689

Merit: 507

Quote from: RJF on June 11, 2014, 10:18:32 AM

Quote from: coinhope7 on June 11, 2014, 01:08:57 AM

Long term Investors, Buy up the coin....

Hold...in your wallet, nothing to do, coins everyday to your address. Guaranteed, everyday, unlike, unreliable proof of stake. The next level, the upgrade, Proof of Fund. SaveCoin the 1st Proof of Fund coin. We have few coins so our marketcap is low, but wait in a few months, they will start noticing us on CoinMarketcap. With less than 2500 coins produced a day, Long term investors will be taking the lead with this coin. Miners will provide liquidity. This is a great circle as we build our community. Remember buying 1 coin today will be be worth many coins in a year with compounding interest. We are looking for long term investors. Go SaveCoin

SaveCoin is SPC ....

Yes, we are looking for long term investors but, we also need to spend the coin and find services that will accept it if we want the price to raise. Check out the listing from CCMC below:

268 SaveCoin $ 4,160 $ 0.050499 82,387 SPC** $ 0 +5.48 %

See the big "0"? That's volume over the last 24hrs, there isn't any and that's the problem, we need to generate volume or we will loose in the long run. Other than taht, price looks good and market capitalization is on an upswing, not bad actually.

So, get the word out for inclusion by merchants, funds, services, basically anything you can think of to get the coin moving.

RJF

Exchanges can understand it is a coin named "savecoin", for savings. So there will be less frequent orders but amounts will be higher in the future.
Anyway, didn't the Dev premine 1 Million savecoin especially for this case, to support volume in exchanges at the beginning ?

RJF

hero member

Activity: 616

Merit: 500

Online since '89...

Quote from: coinhope7 on June 11, 2014, 01:08:57 AM

Long term Investors, Buy up the coin....

Hold...in your wallet, nothing to do, coins everyday to your address. Guaranteed, everyday, unlike, unreliable proof of stake. The next level, the upgrade, Proof of Fund. SaveCoin the 1st Proof of Fund coin. We have few coins so our marketcap is low, but wait in a few months, they will start noticing us on CoinMarketcap. With less than 2500 coins produced a day, Long term investors will be taking the lead with this coin. Miners will provide liquidity. This is a great circle as we build our community. Remember buying 1 coin today will be be worth many coins in a year with compounding interest. We are looking for long term investors. Go SaveCoin

SaveCoin is SPC ....

Yes, we are looking for long term investors but, we also need to spend the coin and find services that will accept it if we want the price to raise. Check out the listing from CCMC below:

268 SaveCoin $ 4,160 $ 0.050499 82,387 SPC** $ 0 +5.48 %

See the big "0"? That's volume over the last 24hrs, there isn't any and that's the problem, we need to generate volume or we will loose in the long run. Other than taht, price looks good and market capitalization is on an upswing, not bad actually.

So, get the word out for inclusion by merchants, funds, services, basically anything you can think of to get the coin moving.

RJF

Spratan

hero member

Activity: 689

Merit: 507

Everyone arguably fears that the dev should dump the 20 millions coins premined and blocked for future interests.

But, sooner or later, we will ask the Dalaï Lama to escrow these coins, and value will explode

(Or just find and use a untrusted technology that wil automatically save and spend the interest)

Suresh Matsui

full member

Activity: 168

Merit: 100

Quote from: WolfLee84 on June 11, 2014, 05:58:44 AM

Just want to keep everyone informed, Bittrex is down @ the moment & working on a fix. Please don't panic, I'm sure they will have the site up & running smooth again very soon.. In the mean time, happy mining & don't forget to vote every hour Wink

Quote from: GullibleGooo on June 11, 2014, 05:46:53 AM

Good people! We need more votes for SaveCoin at CoinWarz!!!

Let's tell the miners which ASIC coin rules!

If 20 people vote 5 times a day, then we will be added in less than two weeks!

http://www.coinwarz.com/voting

Suresh, tell your buddies!

Voted & http://www.online-stopwatch.com/countdown-timer/ is set for 1 hour Cool

Quote from: Spratan on June 11, 2014, 03:47:26 AM

Why is it not recommmanded to re-use an adress in the client ?
Problems with interests ?

There have been no problems with daily interest, having the same wallet & first address has been compounding interest since day one. I wouldn't hold every coin in the same address though, best to have small amounts in a hot wallet & large amounts in cold storage.

Quote from: Mortimer452 on June 11, 2014, 01:48:12 AM

I love the idea of SaveCoin, but it boils down to being a coin that is 90% premined, and there has to be trust in the dev that he will continue clicking the button or whatever needs to happen each day to ensure the POF payouts are made.

Don't get me wrong, I am a supporter - but these are real concerns that will result in holding the coin back

Correct me if I'm wrong, but didn't the Dev explain this many pages back? If a bank can automate interest, why would this be any different? Yes, Dev might have access to the daily interest payments & that would help to have a little more transparency to how it works..

Voted! And looks like bittrex is back up!

Suresh Matsui

full member

Activity: 168

Merit: 100

Added new information for voting and shopping to the first post

I understand that a lot of trust is needed to feel safe that the interest will always keep being paid out, however the process of making the payments is done automatically and the payment system is secure in virtual machines which are backed up daily to several secure locations. In the event of my death or some other fatality, the interest will still continue to be paid out as the payments are made automatically on a dedicated server hosted by myself and not by any hosting company. I do try and keep as transparent as possible when it comes to these payments. And because we're using this method, it gives the SPC community many benefits over those of POS communities such as interest payments with staking, instant interest payments at any time, lower sized blockchains and more.

Keep in mind that the instant interest payments are stopped being paid out on purpose, the coin will lose it's main selling point, so it makes little sense for us to stop the payments from happening

WolfLee84

member

Activity: 101

Merit: 10

Just want to keep everyone informed, Bittrex is down @ the moment & working on a fix. Please don't panic, I'm sure they will have the site up & running smooth again very soon.. In the mean time, happy mining & don't forget to vote every hour Wink

Quote from: GullibleGooo on June 11, 2014, 05:46:53 AM

Good people! We need more votes for SaveCoin at CoinWarz!!!

Let's tell the miners which ASIC coin rules!

If 20 people vote 5 times a day, then we will be added in less than two weeks!

http://www.coinwarz.com/voting

Suresh, tell your buddies!

Voted & http://www.online-stopwatch.com/countdown-timer/ is set for 1 hour Cool

Quote from: Spratan on June 11, 2014, 03:47:26 AM

Why is it not recommmanded to re-use an adress in the client ?
Problems with interests ?

There have been no problems with daily interest, having the same wallet & first address has been compounding interest since day one. I wouldn't hold every coin in the same address though, best to have small amounts in a hot wallet & large amounts in cold storage.

Quote from: Mortimer452 on June 11, 2014, 01:48:12 AM

I love the idea of SaveCoin, but it boils down to being a coin that is 90% premined, and there has to be trust in the dev that he will continue clicking the button or whatever needs to happen each day to ensure the POF payouts are made.

Don't get me wrong, I am a supporter - but these are real concerns that will result in holding the coin back

Correct me if I'm wrong, but didn't the Dev explain this many pages back? If a bank can automate interest, why would this be any different? Yes, Dev might have access to the daily interest payments & that would help to have a little more transparency to how it works..

GullibleGooo

member

Activity: 97

Merit: 10

Good people! We need more votes for SaveCoin at CoinWarz!!!

Let's tell the miners which ASIC coin rules!

If 20 people vote 5 times a day, then we will be added in less than two weeks!

http://www.coinwarz.com/voting

Suresh, tell your buddies!

Spratan

hero member

Activity: 689

Merit: 507

Why is it not recommmanded to re-use an adress in the client ?
Problems with interests ?

coinhope7

newbie

Activity: 16

Merit: 0

Buy some Coin,

Everything works as it should. It is a very small investment, that will pay off big time. Like any other coin in the alt coin world, the developer could damage his creation, but there certainly is no intensive to do so. The developer will be rich, because he will be patient, as we do well. All alternatives to Bitcoin are a unsure bet. Diversify, more than one alt-coin is the way to go. Litecoin went from .06 to $44.00. We can only work hard for our community and our coin. SaveCoin will make it. Go SaveCoin.

Mortimer452

hero member

Activity: 532

Merit: 500

I love the idea of SaveCoin, but it boils down to being a coin that is 90% premined, and there has to be trust in the dev that he will continue clicking the button or whatever needs to happen each day to ensure the POF payouts are made.

Don't get me wrong, I am a supporter - but these are real concerns that will result in holding the coin back

coinhope7

newbie

Activity: 16

Merit: 0

Long term Investors, Buy up the coin....

Hold...in your wallet, nothing to do, coins everyday to your address. Guaranteed, everyday, unlike, unreliable proof of stake. The next level, the upgrade, Proof of Fund. SaveCoin the 1st Proof of Fund coin. We have few coins so our marketcap is low, but wait in a few months, they will start noticing us on CoinMarketcap. With less than 2500 coins produced a day, Long term investors will be taking the lead with this coin. Miners will provide liquidity. This is a great circle as we build our community. Remember buying 1 coin today will be be worth many coins in a year with compounding interest. We are looking for long term investors. Go SaveCoin

SaveCoin is SPC ....

shadowmoon

full member

Activity: 210

Merit: 100

ActionCrypto.com ★ Bitcoin Binary Options

Savecoin (SPC) has established partnership with Bitscoinshop (http://www.bitscoinshop.com.br/en/) where you can buy items by using Savecoin, and enjoy 5% discount. As Savecoin is not yet integrated with the payment platform, you will need to use the following procedure during checkout:

1. Customers wishing to purchase using Savecoin should choose the product, along with signing up with the details and place of delivery;

2. Choose the bank transfer as the payment method, meanwhile leave a message to indicate that you want to pay with Savecoin;

3. In the message, specify the dollar amount of your purchase (with 5% discount) and the quote of the current exchanging rate (Bittrex Exchange). Bitscoinshop will convert the amount of your purchase into Savecoin, and send wallet address for payment.

4. Once confirmed the payment, items will be delivered.

Mortimer452

hero member

Activity: 532

Merit: 500

Pity the Pool! SaveCoin (SPC) Pool

- Solid servers, UPS/generator backups
- Redundant internet
- DDOS protection
- 1.5% fee
- Dedicated equipment - we own the hardware, we own the data center
- USA based

http://spc.pitythepool.com

WolfLee84

member

Activity: 101

Merit: 10

Quote from: jaggard on June 10, 2014, 11:42:23 AM

As people can probably tell by the increased diff the past few days, mining has definitely picked up on SPC.
http://tompool.org/ added the coin, and it's added to their sha multipool now, so that's around 10THs being added fairly regularly to the network hashrate.

I'm sure the Dev will add this page, but not sure about the multipool page.. http://tompool.org:81/spcmine/

Quote from: rhkazani1 on June 10, 2014, 04:39:21 PM

Quote from: hanoosh on June 10, 2014, 04:26:21 PM

is this coin the same one here https://bitcointalk.org/index.php?topic=579141.40
SPEEDCOIN [SPD] - New Cryptocurrency with Affiliate Program Huh

No, its different.

That is why Dev changed the name from Speedcoin, even though this coin was made first..
Here is a message to show how great of a Dev we have Cool

This gave me great trust in the Dev, as watching so many other Dev's on other coins reactions are not as kind.. I think he handled this well Grin

https://cryptocointalk.com/topic/10272-speedcoin-spc-superfast-crypto-earn-64-interest-a-year-on-exchanges/?p=88225

P.S. I still think the "P" in SPC should have a to the 3rd symbol added (as the "P" can mean so many things), but it's not as easy to implement that as we are weeks into Savecoin now..

rhkazani1

hero member

Activity: 504

Merit: 500

Quote from: hanoosh on June 10, 2014, 04:26:21 PM

is this coin the same one here https://bitcointalk.org/index.php?topic=579141.40
SPEEDCOIN [SPD] - New Cryptocurrency with Affiliate Program Huh

No, its different.

hanoosh

full member

Activity: 210

Merit: 100

LION Devloper, Graphics Designer!

is this coin the same one here https://bitcointalk.org/index.php?topic=579141.40
SPEEDCOIN [SPD] - New Cryptocurrency with Affiliate Program Huh

WolfLee84

member

Activity: 101

Merit: 10

Quote from: marsandotherplanets on June 10, 2014, 03:51:03 PM

Hi i am still fairly new to the whole buying and trading coins

What do you mean by "buy wall"? are we discussing, forcing up the price by ensuring purchases are made
no lower than a specific value?

Also meanings of buy wall #1 and #2. I am not entirely sure of the concept.

Buy wall #1 (example=8170) is the one to take & hold if sold to, buy wall #2 (example=8065) is to push the price up.. If the buy orders outweigh the sell orders (BTC), the price will rise.. If there are too many sell orders (BTC total on both sides), people will sell as they will think someone is going to sell big & the price will go down.. There are to many ways to look at it, but I will try to explain later with a detailed photo Cool

P.S. I'm still somewhat new as well (6mo or so this year, but started back when BTC was only $80), but have been doing a lot of research for the past few months (12-16hrs a day, most days are spent just watching the markets & a lot of Google/Bing videos)..

Edit:Buy walls #3, #4 & #5 would be @ 5005, 2000 & 1054 = Failsafe from the price going down too far again.

Topic: [SPC][PoF] SaveCoin | Proof of Fund Coin | 64% Interest Annually / 0.137% Daily - page 13. (Read 64634 times)