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Topic: [SPC][PoF] SaveCoin | Proof of Fund Coin | 64% Interest Annually / 0.137% Daily - page 13. (Read 64624 times)

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 Smiley Go SaveCoin  Smiley
legendary
Activity: 2436
Merit: 1561
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 Smiley

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.
full member
Activity: 182
Merit: 100
Community
have u saved the btc market?
hero member
Activity: 689
Merit: 507
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 Smiley

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...
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 Smiley

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
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  Smiley
(Or just find and use a untrusted technology that wil automatically save and spend the interest)
full member
Activity: 168
Merit: 100
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



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

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.

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!
full member
Activity: 168
Merit: 100
Added new information for voting and shopping to the first post Smiley

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. Smiley

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 Smiley
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



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

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.

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..
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!
hero member
Activity: 689
Merit: 507
Why is it not recommmanded to re-use an adress in the client ?
Problems with interests ?
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.  Smiley
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
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 Smiley

SaveCoin is SPC  ....
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.
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

member
Activity: 101
Merit: 10
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/

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..
hero member
Activity: 504
Merit: 500
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.
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
member
Activity: 101
Merit: 10
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.
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