Bitcoin Forum

i ever read a quote if "Old is Gold"
and i think now this quote was right ,
because today an old coin called Peercoin growing more than 30% in usd terms

https://i.imgur.com/CNVOfGm.png

is this the right time to fill our bag with an old coins such as peercoin mate?
your toughts please

I used to gather peer coin through faucets in the past but not anymore,its a good old project and I'm not surprised about its recent price value,it deserves more than that,old is indeed gold like you said

Looking at the long term charts, it's obvious that peercoin holders had to wait a long time before to get at least this jump.

https://i.imgur.com/kP8VJPp.png

https://i.imgur.com/UW13mE6.png

Forget about who bought in last year January, even those who bought in early November last year they also are waiting for long time to sell their stash.

I am really not sure about your buy price but if the price was lower than this current price then I would just wait for few more days or weeks and would watch the movement. Perhaps I would set a stop-loss just not to miss too much if the price starts to fall back again.

but not all old coin is a gold, because a lot of old coin already gone from the market too
remember to do your own research first before invest in any cryptocurrency project my friend
about peercoin, i think this project is good enough because the development is still active until now, and thats really good sign in my analysis  ;)

Isn't this the one that first had the light wallet tech?

A good example why almost all altcoins will go to the 0.
Peercoin was as big as Ripple in 2014. Where is Ripple and where is Peercoin. We should be more afraid, this is the reality what could happen to altcoins what we hold.  ::)

Don't be amazed with that 30% increase for peercoin. The increase isn't really that much, from the stable price of $0.3 up to $0.4 (30%). Being amazed with that increase can make you trap with that coin.

Old is gold but this is true.

Instead of investing to Peercoin, you can look for something better but if you insist and like this coin just be prepare for the swings because it's not exempted from volatility.

yes, thats right,,,
people should know what kind of altcoins in their bag, before decide to hodl it for long term
hold an old coins with huge potential in the TOP 100 coin at coinmarketcap was better than peercoin my friend
for example litecoin, dash or monero  ;)

thanks for your warning my friend..
as i knew a lot of old coins gone and didn't have value in the market, but this coins still survive in the market
maybe this coin can grow at least touch a half from the highest price in the past

maybe he is right, sometimes an old coin is gold
for example litecoin, dash monero and many more
but maybe not this one, because this peercoin already down very hard and far away after hit the ATH

I have been trying several times to invest in ICO project IEO project and I was thinking that new token or new coin only give a huge profit for the short term. I mean when you invest on it, you have to update the price coin/token when has been listing on the exchange. Because you will see its price will go up and I suggest to sell the coin and find another IEO or ICO project, maybe that is a common thing that is often done by many investors. But yeah I'll agree with you, the price movement of the old coin will be depend on the development the coin/token itself. The opporunity to meet pump and dump scheme is little, the investor's coin/token will take to sell and buy base on an information against the coin.

When a coin has low market cap value the chances of get manipulated is high so if you are investong on that coin only for that sudden bump then you also need to be ready to see the losses as well if a whale sell it later.

that only happens to altcoins. if you see this year's bitcoin movement is almost the same as that. go up with the front, then go straight down. and we enjoy that.

It depends on how the business works. Some businesses die forever and do not have any development.
Sometimes we will be lucky to choose a good alts. but if not lucky, we can lose everything because the volume is low or there is no need to buy.
Therefore, this is also a chance strategy. You should consider and analyze carefully before buying.

well , hello peercoin.
long time no see thread about you ;D , make me remind about first time i bought this coin on 2015 but i forget from where.
and the project still solid after all.
but i am personaly not sure about what happened, dont you even think because some pump happened will make ur pocket full of bucks.
if u have some research before will be good, u know nowdays crypto very high tension.

Actually, it is growing to get to its exact place when it entered coinmarketcap. Which means that it's going back to the start.
But today, it has been moving to a better place since your thread is made. If you want to put your bet into this coin.
Well you should do it now, because it has just been moving from its starting line to this position, which means it could go down or even go up like it ever did.

There has been so much fuzz on the newer altcoins that i have completely forgotten that this even exits. Does this still have an active community behind it?

No she is done.
Price April 8, 2013 $0.43 yesterday $0.402 after a 30% correction, say a lot about PoS as this coin was the first.

Dev abandoned it in 2016, he has new project
https://bitcointalk.org/index.php?topic=114994.msg17359300#msg17359300

Can anyone tell in peercoin what is ppc what the meaning of one more p in ppc because the ful name of ppc one I know is different with this

Peercoin had some good developments actually but I don't know why they stopped progressing for many days. I sold my Peercoin because of their inactivity. Glad that they are back!

yes, i also sell all my peercoin few years ago
but, no body know, if this rising is really good sign or just a bull trap on peercoin from a group of people mate
i think do your own analysis before buying is better

Is there any serious development behind peercoin, I doubt it, not even listed on the biggest exchanges in the space, for me good experiment and better technology and development has surpass the project, I don't see this as a project to hold unless you are just waiting for the pump and dump group to help out

depends from this list below, peercoin tradeable on several exchange buddy
https://coinmarketcap.com/currencies/peercoin/#markets
and i see bittrex in he list too, as i knew bittrex is good and big exchange my friend

You should have done this before rather than on buying old coins when you already seeing that the price is already increased.
You can risk up though but beware that you might be left hanging once the price drops once again when bag holders sell up their stashes
that they hold up for too long.