you can keep believing that socket puppet accounts are responsible for everything that is wrong with this project, if that is what helps you sleep better.

spr is still x3 overpriced.

SPR is difficult to get, having large amounts of SPR will allow for masternodes, so the supply of SPR will greatly decrease as time goes on. If you know anything about basic economics then you will realize that a low supply and a high demand creates a high price.

High demand eh? Where is that evident when you have 24 trading volume of just over two grand?

coins101's arse is like a magician's hat - it's amazing what he can pull out of it. 

Well there is a flaw in that point of view; a view I would ordinarily agree with.

You see, the point of SPR is to mimic darkcoin, but with a solo mining twist. That means master nodes with people buying tons of coins to prove their readiness to serve the network and prevent bad actors from occupying too many master nodes, threatening the anonymity the network is supposed to provide.

The race to introduce master nodes into SPR is only a race to manipulate the price.

Those that hold the majority of the coins never wanted liquidity in the market.  They were counting on master nodes to create buying demand very early into the project to further compound their reluctance to provide liquidity. They want to artificially push up the price at this early stage in the project.

Darkcoin, on the other hand has less than 50% of the coin supply locked up in master nodes, and coin volume was off the charts for the best part of 9 months.

Because there is price manipulation, I think there should be a significant market discount to the market price. You also have to take into account other factors, but that  is a good enough starting point.

I understand you were in the middle of that response so I'll let that one go.

But now, both of you need to head back to the Darkcoin thread or the gloves come off. 

If either of you at some point decide to take a legitimate position in SPR, then you're of course welcome in the thread.

no chance.

I risked having my account suspended by standing up against Mr Spread's suspension when master nodes testing was getting going.

https://bt.irlbtc.com/view/938394.msg10282522#msg10282522

That means I've banked a few more posts  

Hodl on. I didn't say any such thing.

I just gave my view on price and liquidity at this point in time. For all I know, solo mining might prove to be the only solution to 51% centralization.

But my view on that is for another day.

I sincerely hope coins101 knows the difference between "your" and "you're".


Comparing solo mining Spreadcoin to winning the lottery is pretty funny...and off by several orders of magnitude.