Quote from: smscotten on August 04, 2013, 01:54:49 AM

Quote from: iGotSpots on August 04, 2013, 12:53:16 AM

I agree they are still undervalued. I don't think people are realizing how few spots are out there still.

That being said, the price difference between ask and bid seem to be creeping closer. I knew we would have a somewhat stable price in about a week and it looks like I was right on setting Thursday as our announcement date.

Yeah, I'm less concerned about the actual price than the spread. If the spread closes up, we can see steady growth instead of sporadic fluctuation. So even if the prices are lower now, they'll increase more regularly. At least that's my theory.

You are right. One thing I am VERY impressed with so far is our sellers reluctancy to dump their Spots to make a quick buck. This shows me that you guys believe in me and the Spots team to deliver what we are promising and I thank each and every one of you for your confidence. The spread is staying so wide because the people holding the Spots understand the price will rise. The buyers are trying to get in cheap, but the holders are not letting that happen and the Bid price is slowly increasing to where the sellers want it to be.

This is great news for anyone who has been mining these or holding on to a decent amount of Spots. Keep it up, stay strong, and don't sell cheap. You guys are doing an f'ing amazing job with the market right now. I am very proud of our community so far