[SPC][PoF] SaveCoin | Proof of Fund Coin | 64% Interest Annually / 0.137% Daily - page 23.

Suresh Matsui

full member

Activity: 168

Merit: 100

Quote from: pawel7777 on April 30, 2014, 04:01:20 PM

Suresh, have you contacted Poloniex? Not a major exchange but pretty popular.

They don't have a voting list, but from their FAQ (https://poloniex.com/faq):

Quote

How can I get such-and-such coin listed on Poloniex?
Send an email to [email protected] and tell us about your coin. There is no set of rules, but we like to see evidence of the developers' dedication to the project, community interest, and, more than anything, innovation. If your coin is truly innovative in some way, it is more or less guaranteed to be accepted by Poloniex.

If they really mean what they stated, they should add SaveCoin sraight away

Also:

Quote

Can I do a coin giveaway on Poloniex?
If we've listed the coin and you fund the giveaway, absolutely! Just contact us at [email protected] with the details—total amount, amount given per person, and around when you'd like it to go up.

If SPC is listed there, you could do a giveaway, say 0.01 SPC per person, so for 10SPC you would get 1000 new people introduced to SaveCoin.

Just saying

I have e-mailed them but I've yet to get a response Huh

And the giveaway is a good idea, I'll be happy to donate 100SPC for that cause

pawel7777

legendary

Activity: 2436

Merit: 1561

Suresh, have you contacted Poloniex? Not a major exchange but pretty popular.

They don't have a voting list, but from their FAQ (https://poloniex.com/faq):

Quote

How can I get such-and-such coin listed on Poloniex?
Send an email to [email protected] and tell us about your coin. There is no set of rules, but we like to see evidence of the developers' dedication to the project, community interest, and, more than anything, innovation. If your coin is truly innovative in some way, it is more or less guaranteed to be accepted by Poloniex.

If they really mean what they stated, they should add SaveCoin sraight away

Also:

Quote

Can I do a coin giveaway on Poloniex?
If we've listed the coin and you fund the giveaway, absolutely! Just contact us at [email protected] with the details—total amount, amount given per person, and around when you'd like it to go up.

If SPC is listed there, you could do a giveaway, say 0.01 SPC per person, so for 10SPC you would get 1000 new people introduced to SaveCoin.

Just saying

Suresh Matsui

full member

Activity: 168

Merit: 100

Quote from: tomtommy on April 30, 2014, 02:23:38 PM

https://www.cryptsy.com/coinvotes

Vote for savecoin on cryptsy

Listed as speedcoin

I'll ask them to change it to SaveCoin

tomtommy

full member

Activity: 120

Merit: 100

https://www.cryptsy.com/coinvotes

Vote for savecoin on cryptsy

Listed as speedcoin

Suresh Matsui

full member

Activity: 168

Merit: 100

Quote from: TheMightyX on April 30, 2014, 04:40:58 AM

Quote from: Suresh Matsui on April 30, 2014, 04:36:31 AM

Quote from: TheMightyX on April 30, 2014, 04:32:26 AM

.

Before your edit, I saw your math.

Yes it's more than 50% premine, this is already mentioned on the front page, people know this. Do you know why over 50% was premined? For interest payment purposes. This is all explained in the first post.

20 Million pre-mined, 19 million paid in interest to those who hold SPC, 1 million of that kept for myself. This is the fact, I am not paying myself interest. You may check on the block explorer.

Just because it is premined, it doesn't mean it's a bad thing.

I wasn't refering to your portion that was withheld for interest paying purposes.
I just realized that your stake is not paid interest, hence my edit.

You need to make that more clear so people don't assume the worst and fly off the handle (like I am prone to doing).

On a side note, there are several things that aren't easily identifiable like block reward and block halving (they are only listed on the website).

Thank you for your insight, I do plan to make it easier to find out the information when the new topic is opened and to cover all questions in the OP.

Suresh Matsui

full member

Activity: 168

Merit: 100

Quote from: GullibleGooo on April 30, 2014, 06:18:12 AM

Quote from: HegelianCattalactics on April 29, 2014, 07:56:59 PM

I will be selling mine for $10 ... I have Millions of dollars of trading experience over 30 years ... so I really mean it.

I play with LTC BC and BTC ... I dump everything except them and SPC ... SPC I will save till I am on #1,2 or 3 on the SPC richest list.

I am sure that wehn BTC markets rise and the matured altcoins take their place behind it ... SPC will move to .025 BTC due to it's structure.

I would really appreciate if HC or anyone else wanted to give an explanation to how to value SPC. Please take us through a simple calculation on how you come to the values and conclusions that you do?

There seems to be very different views on how to valuate SPC at the moment. It would be very interesting and learning to understand some views.

Peercoin has a similar amount of total coins (21M). Its value is 2 USD. So, if one believes that SPC can be as valuable as Peercoin then one will value an SPC to 2 USD...? Is that how it works, or how do you work it out?

Peercoin has a larger amount of coins, that amount will keep growing by 1% every year indefinitely so it's value might remain constant or may decrease as time goes on.

SaveCoin has a maximum of 21 million coins (Same as Bitcoin) that is fixed, that won't ever change. So if you adjust for supply decreasing and demand increasing, you'll get higher prices

For actual value of SaveCoin, that is up to the sellers and buyers to set their prices. After a while, we'll see supply decreasing as more people begin mining, making it more difficult to dump the prices to the ground.

lovecoin99

member

Activity: 118

Merit: 100

good idea, proof of fund, hope the coin will be succeful

Suresh Matsui

full member

Activity: 168

Merit: 100

Quote from: thisisit on April 30, 2014, 06:57:05 AM

how much hash currently?

Right now, about 13500 GH/s

thisisit

full member

Activity: 224

Merit: 100

how much hash currently?

Elite2TheMax

member

Activity: 79

Merit: 10

SHA is the best! Yes it is still mine able. Still the early stages.

k!lowatts

member

Activity: 98

Merit: 10

is it still mineable?

GullibleGooo

member

Activity: 97

Merit: 10

Quote from: HegelianCattalactics on April 29, 2014, 07:56:59 PM

I will be selling mine for $10 ... I have Millions of dollars of trading experience over 30 years ... so I really mean it.

I play with LTC BC and BTC ... I dump everything except them and SPC ... SPC I will save till I am on #1,2 or 3 on the SPC richest list.

I am sure that wehn BTC markets rise and the matured altcoins take their place behind it ... SPC will move to .025 BTC due to it's structure.

I would really appreciate if HC or anyone else wanted to give an explanation to how to value SPC. Please take us through a simple calculation on how you come to the values and conclusions that you do?

There seems to be very different views on how to valuate SPC at the moment. It would be very interesting and learning to understand some views.

Peercoin has a similar amount of total coins (21M). Its value is 2 USD. So, if one believes that SPC can be as valuable as Peercoin then one will value an SPC to 2 USD...? Is that how it works, or how do you work it out?

Suresh Matsui

full member

Activity: 168

Merit: 100

Quote from: coin-cidence on April 30, 2014, 05:02:16 AM

Quote from: Yiki888 on April 30, 2014, 04:42:56 AM

where can buy the cheap savecoin?

"cheap savecoin" is an oxymoron Wink

Quote from: qhy on April 30, 2014, 04:55:30 AM

Quote from: yshuifejng on April 14, 2014, 11:48:07 AM

Quote from: Bio Teckna on April 14, 2014, 11:40:03 AM

Quote from: Suresh Matsui on April 14, 2014, 11:31:10 AM

Quote from: Bio Teckna on April 14, 2014, 11:30:24 AM

Do I have to keep my wallet open and online to have the interests ?

Nope

But I need to have at least 1 Speedcoin to have the interests ?

Why sha256 ?

same question.

what is the answer? Huh

https://bitcointalksearch.org/topic/m.6216209

You don't need to keep wallet open.

Buy SaveCoin from the exchanges listed in first post, look for SPC/BTC pair

coin-cidence

member

Activity: 107

Merit: 10

Quote from: Yiki888 on April 30, 2014, 04:42:56 AM

where can buy the cheap savecoin?

"cheap savecoin" is an oxymoron Wink

qhy

newbie

Activity: 45

Merit: 0

Quote from: yshuifejng on April 14, 2014, 11:48:07 AM

Quote from: Bio Teckna on April 14, 2014, 11:40:03 AM

Quote from: Suresh Matsui on April 14, 2014, 11:31:10 AM

Quote from: Bio Teckna on April 14, 2014, 11:30:24 AM

Do I have to keep my wallet open and online to have the interests ?

Nope

But I need to have at least 1 Speedcoin to have the interests ?

Why sha256 ?

same question.

what is the answer? Huh

Yiki888

newbie

Activity: 37

Merit: 0

where can buy the cheap savecoin?

TheMightyX

sr. member

Activity: 350

Merit: 250

Vires in Numeris

Quote from: Suresh Matsui on April 30, 2014, 04:36:31 AM

Quote from: TheMightyX on April 30, 2014, 04:32:26 AM

.

Before your edit, I saw your math.

Yes it's more than 50% premine, this is already mentioned on the front page, people know this. Do you know why over 50% was premined? For interest payment purposes. This is all explained in the first post.

20 Million pre-mined, 19 million paid in interest to those who hold SPC, 1 million of that kept for myself. This is the fact, I am not paying myself interest. You may check on the block explorer.

Just because it is premined, it doesn't mean it's a bad thing.

I wasn't refering to your portion that was withheld for interest paying purposes.
I just realized that your stake is not paid interest, hence my edit.

You need to make that more clear so people don't assume the worst and fly off the handle (like I am prone to doing).

On a side note, there are several things that aren't easily identifiable like block reward and block halving (they are only listed on the website).

Suresh Matsui

full member

Activity: 168

Merit: 100

Quote from: TheMightyX on April 30, 2014, 04:32:26 AM

.

Before your edit, I saw your math.

Yes it's more than 50% premine, this is already mentioned on the front page, people know this. Do you know why over 50% was premined? For interest payment purposes. This is all explained in the first post.

20 Million pre-mined, 19 million paid in interest to those who hold SPC, 1 million of that kept for myself. This is the fact, I am not paying myself interest. You may check on the block explorer.

Just because it is premined, it doesn't mean it's a bad thing.

TheMightyX

sr. member

Activity: 350

Merit: 250

Vires in Numeris

.

Suresh Matsui

full member

Activity: 168

Merit: 100

Also, the names are different enough not to cause confusion

Topic: [SPC][PoF] SaveCoin | Proof of Fund Coin | 64% Interest Annually / 0.137% Daily - page 23. (Read 64624 times)