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Title: Is PPC undervalued? Post by: co2pop on May 05, 2013, 10:09:04 PM On btc-e, ppc is currently trading at around 0.0026 to 0.0027 btc per ppc.
Title: Re: Is PPC undervalued? Post by: mountaineer on May 05, 2013, 10:10:30 PM The market determines the price, if there is enough demand then the price will go up.
Title: Re: Is PPC undervalued? Post by: d2.cc on May 05, 2013, 10:14:50 PM I dont have much knowledge in this area but is there something very risky or flawed about the design? Yes, but apparently it's now fixed. https://bitcointalk.org/index.php?topic=131940.0 Title: Re: Is PPC undervalued? Post by: mountaineer on May 05, 2013, 10:21:49 PM ppc is not that innovative and very few use it, so its not that valuable. It should be worth even less then it is now.
Title: Re: Is PPC undervalued? Post by: d2.cc on May 05, 2013, 10:23:35 PM Not very innovative? Guess you didn't really read the design specs of it.
Title: Re: Is PPC undervalued? Post by: BitshireHashaway on May 05, 2013, 10:34:05 PM Coins wouldn't lose value over time, they are the same as every other coin. However, the supply may be too high but the supply is a steady and known amount for all crypto-currencies I believe. And you realize when you ask if the demand is to low, or is the supply to high they are basically the same question when you look at it. I don't know why the demand is low, maybe people want other cryto-currencies.
Things like this are only worth what someone will pay for them. If the price isn't high its because someone won't pay that much for it. My guess is the price is based of how hard it is to get because if you take your GPU rig and use it to mine ppc and get 3x as much then everyone would do that, or most people would. From what I know its much harder to get 1 BTC than to get 1 ppc from mining which may reflect the price. If your looking to get advice to see if you should purchase some and try and make some profit, than that decision is up to you. |