Post
Topic
Board Announcements (Altcoins)
Re: [SPACE] SPACECREDITCOIN - ARGON2 - NO ICO - NO PREMINE - LAUNCH
by
Bitcoin_Delivery
on 01/03/2016, 13:46:20 UTC
Whats is the specs / details of the coin? Please gave us more info...tnx

Argon2 coin.

1 - 600 : 1000 SPC coins
601 - 1200 : 500 SPC coins
1201 - 1800 : 250 SPC coins
1801 - 2400 : 125 SPC coins
Halving till 1 SPC coin.


Block time is 15 second.

Wallets and source links not added to the OP. Just over a day of mining and the rewards are already practically insignificant compared to the first few blocks.
Good luck getting anyone other than the 3 or 4 people who mined early to care about this.
It's barely been 12 hours and it's already down to 62.50 SPC per block, not quite the bright future for an altcoin, unless someone comes up with an original idea to let early adopters spend their earned SPC in a way.
I mean if info comes out this or next week, by the time it gets there, the coin could be down to a ridiculously low reward(1 SPC), I don't see this having a high value due to current distribution, however it could be fun to see something different than just a "mine and drop asap there's an exchange" coin once in a while, which is exactly what this looks like -right now-

This should have been pre-announced, to give an idea to what people would expect.
You shouldn't have let people mine your coin this early into the project when there's no info about it, there was absolutely no competition whatsoever and the select few who were able to even setup solomining obliterated the blocks, whoever notices this thread +12hrs later is basically already too late to the party since there is no more incentive to mine.

I'm interested to see what the idea behind this coin is, other than just being a bagholder and hoping it breaks the $0.0xxxx/SPC mark.

That's was a perfect analysis...probably something was wrong with the (too) silent launch.
Under the echonomic aspec, the money supply curve distribution for the coin was wrong because the reward per block passed from 1000 SPC to few in less than 24 hours, so who still didn't entered have no interest to get in, and who already mined have a coin (at the moment) worthless.....the exchange open only the door of a big dump....
As another pal said, would be hard getting in some other than the 3 or 4 people who mined early...
Btw, good luck