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Title: [poll] PPC as a major cryptocoin Post by: xorxor on May 06, 2013, 02:10:19 PM self moderated, I dont want it to go off-topic.
please stay on PPC I dont want to make some artificial line, there is to many factors. I tried to decide myself - but I keep my decisions only when there is no cotroversy. Bacause of votes to remove it, we have to decide as a community. Title: Re: [poll] PPC as a major cryptocoin Post by: RetardedMonkey on May 06, 2013, 02:13:45 PM Unfortunately, you're going to get all the Feathercoin dumbasses in here telling you how PPC isn't a Major coin and FTC is. Not to mention the voting will be skewed that way.
Title: Re: [poll] PPC as a major cryptocoin Post by: VinceSamios on May 07, 2013, 02:51:00 PM For the following reasons PPC is NOT a major crypto-currency
1. Largest trading volume ever in one day, was 7.5BTC - this is laughable edit: (apparently it's nearer 1000btc/day now) 2. PPC has very little if any news coverage as opposed to more than 65,000 articles for bitcoin 3. While the technology is innovative, it is fundamentally flawed in that 51% attacks can be performed by anyone with a decent volume of coins, and nobody can predict who/when they will occur. 4. The biggest exchanges aren't even thinking about using PPC (unlike LTC for example) 5. Nobody is really accepting either sales or donations in PPC (again unlike LTC) The market cap figures of "$4mil" is completely ludicrous considering the highest volume in a single days trade was equivalent of $750 Don't get me wrong, I hate LTC because its a refuge for miners, however it is a major cryptocurrency. PPC isn't. My suspicion is that OP of the Alt-Coins list is using the list to ramp his own holdings. Title: Re: [poll] PPC as a major cryptocoin Post by: jdebunt on May 07, 2013, 02:55:55 PM well it depends on how you look at it :
- it's a Bitcoin fork, so it's Mhash, not Khash, so that's a major coin in that regard - it's not as popular as BTC, nothing great is happening with it (as far as i know, correct me if i'm wrong) and it's value is...well...on par with most minor coins, so that's a NO in that regard. I voted no because it's not getting the same traction as some of the coins do in the past 6 months, which doesn't mean it CAN not be a major coin. Title: Re: [poll] PPC as a major cryptocoin Post by: jrlepage on May 07, 2013, 02:59:48 PM I think it's interesting in terms of the proof of stake concept. However, the amount you earn from that (1% per year) is laughable unless you already have a crapton.
That being said, it is trading on btc-e,... I just wish I could see into the future and knew which of these alt coins was worth mining long-term. Like all the other alt coin miners, I want to be "in on the ground floor" with a valuable crypto, but I'll probably just end up with a handful each of a half dozen worthless alt coins. If I wasn't willing to take that risk though, I'd just be mining BTC and LTC.... Title: Re: [poll] PPC as a major cryptocoin Post by: master-P on May 07, 2013, 03:00:15 PM Your largest trading volume ever in a day is way off mate. Vircurex had 77BTC volume yesterday.
For the following reasons PPC is NOT a major crypto-currency 1. Largest trading volume ever in one day, was 7.5BTC - this is laughable Title: Re: [poll] PPC as a major cryptocoin Post by: sangaman on May 07, 2013, 03:01:29 PM For the following reasons PPC is NOT a major crypto-currency 1. Largest trading volume ever in one day, was 7.5BTC - this is laughable Hi. The trading volume on btc-e alone in the last 24 hours is like 1000 btc. I have zero idea where you came up with 7.5. Title: Re: [poll] PPC as a major cryptocoin Post by: VinceSamios on May 07, 2013, 03:08:51 PM My suspicion is that OP of the Alt-Coins list is using the list to ramp his own holdings. You should have left that opinion out. You have no proof to make that statement. Considering that he is making a poll to determine if it's major or not... I would say he's trying to be democratic about it. While I agree with you generally - it's the only reason I can possibly come up with why he would have listed PPC as a major alt coin. Title: Re: [poll] PPC as a major cryptocoin Post by: seleme on May 07, 2013, 03:09:47 PM PPC is definitely the biggest loser of recent hyper altcoin production. Though it went kinda silent in last 2-3 weeks anyway.
As for the answer, I don't know really, it's a bit innovative one but for me Bitcoin and Litecoin are two major ones. Title: Re: [poll] PPC as a major cryptocoin Post by: kokojie on May 07, 2013, 03:17:55 PM 1. Largest trading volume ever in one day, was 7.5BTC - this is laughable Not sure where you getting your info from, but this is completely false. Average trading volume is 1000+ BTC per day combined at btc-e, vircurex, not to mention private trades. Title: Re: [poll] PPC as a major cryptocoin Post by: jubalix on May 07, 2013, 03:47:27 PM self moderated, I dont want it to go off-topic. please stay on PPC I dont want to make some artificial line, there is to many factors. I tried to decide myself - but I keep my decisions only when there is no cotroversy. Bacause of votes to remove it, we have to decide as a community. PPC offers Real DEV that knows thier stuff Longterm INNOVATION Unique Stable ITS A MAJOUR don't let CNC/FTC absent DEV coins sway you XORXOR Title: Re: [poll] PPC as a major cryptocoin Post by: jubalix on May 07, 2013, 03:50:49 PM For the following reasons PPC is NOT a major crypto-currency 1. Largest trading volume ever in one day, was 7.5BTC - this is laughable edit: (apparently it's nearer 1000btc/day now) 2. PPC has very little if any news coverage as opposed to more than 65,000 articles for bitcoin 3. While the technology is innovative, it is fundamentally flawed in that 51% attacks can be performed by anyone with a decent volume of coins, and nobody can predict who/when they will occur. 4. The biggest exchanges aren't even thinking about using PPC (unlike LTC for example) 5. Nobody is really accepting either sales or donations in PPC (again unlike LTC) The market cap figures of "$4mil" is completely ludicrous considering the highest volume in a single days trade was equivalent of $750 Don't get me wrong, I hate LTC because its a refuge for miners, however it is a major cryptocurrency. PPC isn't. My suspicion is that OP of the Alt-Coins list is using the list to ramp his own holdings. PEOPLE WHO DONT LOOK AT FACTS logo Last Price: 0.00224 BTC Low: 0.002 BTC High: 0.0025 BTC Volume: 384594 PPC / 847 BTC Server Time: 07.05.13 19:49 THATS 847 BTC so far today on BTCe alone, which is 2+ orders of MAGNITUDE greater than 750$ try over 100K! over a few hours Title: Re: [poll] PPC as a major cryptocoin Post by: Yurizhai on May 07, 2013, 03:54:35 PM A valid question, but:
I think it should be. I know of at least 1 store that accepts PPC along with LTC and BTC as payment. It will also be one of 3 coins to have a drug website that accepts it by mid June. It also has a real developer who interacts with the community. That's more than I can say for any other coin besides BTC and LTC, and I hadn't even mentioned it's innovation. Title: Re: [poll] PPC as a major cryptocoin Post by: emfox on May 07, 2013, 04:43:13 PM those who against ppc as major one, please look at this url:
http://www.reddit.com/r/Bitcoin/comments/1dey8i/ann_thefreemarket_launch_est_21st_june_2013/ Title: Re: [poll] PPC as a major cryptocoin Post by: robotrebellion on May 07, 2013, 05:00:01 PM I vote yes for the following reasons:
Market cap:
Innovation and "hard-fork" status
Usage
Title: Re: [poll] PPC as a major cryptocoin Post by: davidpbrown on May 07, 2013, 05:18:59 PM Note: Poll is rigged in favour of no change.. [No] vote unlikely to beat the [Yes plus Wait]
If proof of stake has a role to play, then PPC is the example of what that means at an extreme. For me, it's still Major: BTC; LTC; PPC; NMC; DVC Minor: FTC; TRC; MNC; CNC; BTE; BQC; etc If you want to consider a coin going minor, then perhaps DVC is not doing much. PPC is just waiting for when/if proof of work become an issue - it remains a major contribution, with all the potential that goes with that. If volume rises, then perhaps even copycats will do well but is that enough. We don't know if speed of confirmations will be a big factor yet - BBQ could become a major or Feathercoin even. CNC could in theory become big in size but I'd rather see contribution to development valued over just market cap. Title: Re: [poll] PPC as a major cryptocoin Post by: btbrae on May 07, 2013, 05:58:10 PM Sunny King seems to be the most active of all the alt developers for PPC, he posts weekly updates and involves himself in the community here, PPC has brought the genre forward with PoW+PoS and you only have to look at the coins that have copied it to see that. It's also surviving the test of time which is more than a lot of other flash in the pan altcoins that come up with nothing new except a variable change or two.
Title: Re: [poll] PPC as a major cryptocoin Post by: robotrebellion on May 07, 2013, 05:59:45 PM Quote 51% attacks can be performed by anyone with a decent volume of coins Where are you getting this from? Quote The biggest exchanges aren't even thinking about using PPC (unlike LTC for example) Which exchange other than MtGox are you referring to? Quote PPC has very little if any news coverage as opposed to more than 65,000 articles for bitcoin This comparison lacks perspective. How many news articles have covered Namecoin and Litecoin? A quick Google News search shows that PPCoin has had more "news coverage" than Namecoin. https://www.google.com/search?hl=en&tbm=nws&q=litecoin https://www.google.com/search?hl=en&tbm=nws&q=namecoin https://www.google.com/search?hl=en&tbm=nws&q=ppcoin By your logic on this point even Litecoin wouldn't deserve Major status because it "only" has 422 articles to Bitcoin's 65,000. Title: Re: [poll] PPC as a major cryptocoin Post by: irishmick on May 07, 2013, 06:54:21 PM For the following reasons PPC is NOT a major crypto-currency Figured I'd help you clean up your rationale.1. 2. PPC has very little if any news coverage as opposed to more than 65,000 articles for bitcoin 3. While the technology is innovative, it is fundamentally flawed in that 51% attacks can be performed by anyone with a decent volume of coins, My suspicion is that OP of the Alt-Coins list is using the list to ramp his own holdings.valent of $750 1. It's been over 200+ on vircurex for quite some time. Since going to btc-e it's been a lot higher. 2. Not much I can say about this. News articles are growing. 3. I don't know a lot about stake. I tend to ask quite a few questions. I do know that for someone to 51% they'd have to have enough stake that they've been sitting on for at least 30 days to solve consecutive POS blocks and have enough hash to take pow blocks. I think it would be quite expensive. Also your statement about predicting 51% attacks, if you can predict when they will occur on other blockchains you can probably stop mining and just set up a 51% attack warning subscription service. 4. I consider btc-e a large exchange. If you are referring to gox they said they were considering multiple currencies just because they haven't accepted ppc yet, wait they did accept ltc already didn't they? lmao 5. Anonymous is accepting it are they nobody? That's it nothing more to say from me. I just think you shot from the hip thinking it would be an easy shot when you should have taken aim. Title: Re: [poll] PPC as a major cryptocoin Post by: mr_random on May 07, 2013, 07:03:14 PM I wonder if Namecoin would win even 50% of the vote.
I bet if every Cryptocoin was put to this vote apart from Litecoin, they would struggle to beat 50%. Unless of course you put the vote during launch week of a new currency and everyone is pumping it lol. Title: Re: [poll] PPC as a major cryptocoin Post by: Ashaman on May 07, 2013, 10:12:16 PM FWIW, the other week I was looking for mining rig parts online, and I stumbled across a vendor that accepted BTC, LTC, and PPC. I can't find the link now unfortunately, or I would post it.
Title: Re: [poll] PPC as a major cryptocoin Post by: Yurizhai on May 07, 2013, 10:15:09 PM FWIW, the other week I was looking for mining rig parts online, and I stumbled across a vendor that accepted BTC, LTC, and PPC. I can't find the link now unfortunately, or I would post it. http://directvoltage.com/index.php/bitcoin-litecoin-ppcoin There's another one too. Title: Re: [poll] PPC as a major cryptocoin Post by: ahdinosaur on May 08, 2013, 12:06:16 AM new exchange supports PPC: https://www.crypto.st/.
Title: Re: [poll] PPC as a major cryptocoin Post by: vindimy on May 08, 2013, 12:25:54 AM Prediction:
Posters who have pre-mined a bunch of crap-coins (BTE, FTC, CHN anyone?) telling how theirs is so much better than PPC. vs. Posters who care about PPC because it actually has an active dev team and a defined mission statement. /thread Title: Re: [poll] PPC as a major cryptocoin Post by: RustyShackleford1950 on May 08, 2013, 01:37:35 AM Prediction: Posters who have pre-mined a bunch of crap-coins (BTE, FTC, CHN anyone?) telling how theirs is so much better than PPC. vs. Posters who care about PPC because it actually has an active dev team and a defined mission statement. /thread It's sad how accurate this probably is. Title: Re: [poll] PPC as a major cryptocoin Post by: jlspartz on May 09, 2013, 05:52:01 PM PPC came up with any entirely new system of reward, combating BTC security issues, and reducing energy consumption, besides being the 4th largest on the market. I personally think it should be right up there with LTC.
Stores accepting a currency has nothing to do with the currency's true value. I can't walk into Walmart and use gold or stocks to buy anything. Wide-spread trade acceptance for merchandise means nothing to value. If an online store actual accepts FTC I'd say it's stupid for it to accept counterfeit money just because there's a lot of counterfeits floating around. Title: Re: [poll] PPC as a major cryptocoin Post by: altoidmintz on May 11, 2013, 02:53:16 PM No. Market cap value analysis is enough to show that even newcomers like Feathercoin are outfavored by PPC.
Title: Re: [poll] PPC as a major cryptocoin Post by: kjlimo on May 12, 2013, 06:29:38 AM Glad the answer was yes... I would have voted for the option had I found this poll earlier, so good!
Title: Re: [poll] PPC as a major cryptocoin Post by: LiteCoinGuy on May 12, 2013, 11:14:00 AM 1. Largest trading volume ever in one day, was 7.5BTC - this is laughable edit: (apparently it's nearer 1000btc/day now) 2. PPC has very little if any news coverage as opposed to more than 65,000 articles for bitcoin 3. While the technology is innovative, it is fundamentally flawed in that 51% attacks can be performed by anyone with a decent volume of coins, and nobody can predict who/when they will occur. 4. The biggest exchanges aren't even thinking about using PPC (unlike LTC for example) 5. Nobody is really accepting either sales or donations in PPC (again unlike LTC) /sign i guess ppcoin needs some more years to get a major. so i would degrade it until now. Title: Re: [poll] PPC as a major cryptocoin Post by: davidpbrown on May 12, 2013, 12:25:24 PM Point 3 is not correct??.. is it not less likely than other coins now.. see Sunny King post https://bitcointalk.org/index.php?topic=101820.msg2013892#msg2013892
but you have LTC tattooed on your nick, so perhaps you want to believe LTC is different from BTC and won't suffer if Proof of Work seizes up. Title: Re: [poll] PPC as a major cryptocoin Post by: Fixx on May 12, 2013, 12:40:22 PM PPCoin not major, but the General!
Fast, easy, more than LightCoin, with lower charges for the transaction itself is cheap and plentiful. With the inflationary model. This is a promising currency of the future! Title: Re: [poll] PPC as a major cryptocoin Post by: vindimy on May 16, 2013, 04:44:14 AM 1. Largest trading volume ever in one day, was 7.5BTC - this is laughable edit: (apparently it's nearer 1000btc/day now) 2. PPC has very little if any news coverage as opposed to more than 65,000 articles for bitcoin 3. While the technology is innovative, it is fundamentally flawed in that 51% attacks can be performed by anyone with a decent volume of coins, and nobody can predict who/when they will occur. 4. The biggest exchanges aren't even thinking about using PPC (unlike LTC for example) 5. Nobody is really accepting either sales or donations in PPC (again unlike LTC) /sign i guess ppcoin needs some more years to get a major. so i would degrade it until now. Heh, coming from LiteCoinGuy, I guess there _might_ be some bias there.. Okay, I'll address your points. 1. Source please 2. True, but PPCoin is less than a year old and nobody's hyping it up, so there's no news 3. Completely wrong. Anybody who holds 51% of PPCoins will do exact opposite of attacking the network, since the attacker loses the most. 4. Wrong, there's a few exchanges that have either added PPCoin or are about to add it 5. reddit.com/r/ALTcointip allows tipping in PPCoins, but yes, there needs to be more merchant acceptance. But guess what? First place to accept Litecoin (Atlantis) is just under 2 months old. And Litecoin has been around for much longer. Title: Re: [poll] PPC as a major cryptocoin Post by: justabitoftime on May 17, 2013, 06:15:31 AM Unfortunately, you're going to get all the Feathercoin dumbasses in here telling you how PPC isn't a Major coin and FTC is. Not to mention the voting will be skewed that way. 1. PPC is a major - I appreciate all Sunny does for the community as well as the innovation 2. "Feathercoin dumbasses" -> The nerd anger is strong with this one Title: Re: [poll] PPC as a major cryptocoin Post by: aikklond on May 17, 2013, 06:26:59 AM PPC is definately a MAJOR crypto. Title: Re: [poll] PPC as a major cryptocoin Post by: Arkanine on May 17, 2013, 06:27:24 AM PPC will be 0.0025 again, it is fair price.
Title: Re: [poll] PPC as a major cryptocoin Post by: cycloid on May 17, 2013, 10:05:16 PM PPC will be 0.0025 again, it is fair price. +1 I think this "lets make my own coin" fad will pass soon and value will return. Mean while buy some cheap ppc :) Title: Re: [poll] PPC as a major cryptocoin Post by: SylTi on May 17, 2013, 10:12:22 PM Just based on how many "children" ppc got, would put him into major in my opinion.
Title: Re: [poll] PPC as a major cryptocoin Post by: vindimy on May 23, 2013, 07:38:36 PM You can now tip PPCoins (and other ALTcoins) on Reddit.
Announcement thread: [ANN][LTC][PPC][NMC][NVC][TRC][DVC] You can now tip ALTcoins on Reddit! (https://bitcointalk.org/index.php?topic=213613). Title: Re: [poll] PPC as a major cryptocoin Post by: justabitoftime on May 23, 2013, 07:59:20 PM Prediction: People that use words like crapcoin/scamcoin are in the zomgBroCoin mindset and fail to understand the free market.
As for PPC, great coin, appreciate everything Sunny does for the community. |