Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SPR] SpreadCoin | True Decentralization (No Pools)
by
Jesse Livermore
on 26/01/2015, 19:10:26 UTC
I really need to stop reading this thread, I have coding to do... but for some reason, it's hard to stop.
I know right lol I woke up and had 5 pages of this nonsense to read through lol I find it quite hilarious the lengths that people will go through to score some cheap coins hahaha But at the same time it is pretty sad to know that people resort to bashing coins to score cheap coins for themselves but I guess that's Crypto for you! I am not complaining though because I was able to almost double my SpreadCoin stash since the FUD began Smiley

It's amusing and sad. Best part is, attacks like this on some coins could cause permanent damage - which would leave the attacker bagholding. This means they'll probably only attack coins they think are strong and can handle it - almost a compliment.

But they are in the right in something: SPR will become more centralized after this since we will be buying all the cheap SPR that they and their minions are dumping... So, the suposed mining and "scandal" was not the cause of centralization, but their dump is Wink

The distribution of SPR, like any crypto, will always ebb and flow. Price will increase and distribution will grow and then price will decrease and distribution will get tight again.
Overall though with each price increase we'll get more and more SPR owners and distribution of SPR will "spread" to more people and thereby decentralize the coin.
JL