Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: co2pop on May 06, 2013, 10:26:01 AM



Title: Why is ppc value crashing down atm?
Post by: co2pop on May 06, 2013, 10:26:01 AM
PPC is suddenly losing a lot of value from roughly 0.00265 to 0.00235
Is this a dump / dump&pump or is there a real reason behind it?


Title: Re: Why is ppc value crashing down atm?
Post by: spoid on May 06, 2013, 10:35:48 AM
all altcoins are tanking vs bitcoin right now, probably it's just altcoin saturation after the last week of insanity


Title: Re: Why is ppc value crashing down atm?
Post by: davidpbrown on May 06, 2013, 10:45:37 AM
There isn't huge volume atm.. I just sold some and that moved the price by 0.0002 but it's nothing to worry about..


Title: Re: Why is ppc value crashing down atm?
Post by: seleme on May 06, 2013, 01:08:53 PM
PPC is biggest victim of hyper altcoin production lately, it was traded as third coin for some time on btc-e then it pretty much frozen when all these new coins appeared


Title: Re: Why is ppc value crashing down atm?
Post by: Vitalicus on May 06, 2013, 03:21:17 PM
New cripto-currency "FTC, CNC, Bitbar.... " and integration on BTC-e has killed the trust in cripto-currency.
STOP make new currency !


Title: Re: Why is ppc value crashing down atm?
Post by: zumbador on May 06, 2013, 03:52:25 PM
New cripto-currency "FTC, CNC, Bitbar.... " and integration on BTC-e has killed the trust in cripto-currency.
STOP make new currency !
That train has left the station. There will be thousand of alt coins. The most innovative and popular will make onto the major exchanges the rest will be traded privately and by small specialty exchanges.  I know of at least 10 people working on some form of alt coin, so I think that's where we are headed.

Bright


Title: Re: Why is ppc value crashing down atm?
Post by: bitdwarf on May 06, 2013, 04:07:35 PM
It was stable around ~0.0022 just a few days ago. I swear some people have less than a 3 days memory span.