moneysupply: 15 billion, reward halving again soon. Figure price will be at least 20 satoshi's in 2 weeks™
After next block halving range is likely to be 8 to 16 satoshi range. As supply reduces price is driven upwards. 100 satoshi potential within 5 weeks. I absolutely believe this likely by community support. For that to happen sell walls will need to move up and buys will have to buy up the current walls. If it becomes rare enough I believe it could be possible. There's a lot of coins on the exchanges right now. One of the disadvantages of the speedy block halving until the minting process is that you need the distribution to be quick, however I believe the current prices are misleading, as this is what happens when a coin is released on exchanges early on; it gets dumped. It's true of any Cryptocurrency. What people aren't taking into account is the scarcity principle. If enough people came along and bought up the current Mint with a few BTC, what do you think will happen to the price? It will go up. But it would then go straight back down. Why? Difficulty and coin generation. But.. Once the block rewards reach 1 (or end entirely. I'm still not sure sure on this point), there will be no more huge influx of mined coins to dump, so the downward pressure on the price will decrease significantly, and with the increased scarcity, the value of holding mint due to the minting process, and the inability to crash the price as it increases due to an inability to mass dumping, it all adds up to a coin that looks worthless now, but I assure you it will not in a few weeks. I feel loathe to explain this as I'm still mining as much Mint as I can before this happens, but I just wanted to explain exactly what's going to happen before it does happen. If only to say "I told you so". Enjoy these early days. Why would you even bother with Mint when there is a new coin released every day? (when it's scarce) People can choose to ignore it, how do you generate demand over all other coins? (and BTC)
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Any update on Big Vern and Cryptsy getting their act together and list this coin? They won't so soon. The problem is, that wolong has premined too much and holds 3% either in BTC or PANDA. This is a huge for one guy and it means, that he can easily move the market where ever he wants to. You can trust him, but I wont. I wouldn't trust anyone who literaly writes "TRUST IN ME" on their coin. But then there have been enough fools spilling 250BTC in his pocket without him doing anything. Remember when Stablecoin-Dev had to publically destroy his whole premine, because no one wated his coin? Well back then there been guys on the market, that been a bit more careful of where to invest in. Today it seems normal to have big premines, no one cares anymore, and the market is flooded with scam. Today, after Doge's success, it seems this is filled with teenagers who spill out their hard earned money into the first swashbuckler who promises fast profit. BigVern is quite serious about his business and doesnt want to load dynamite into his exchange. It would take wolong only 1 click to crash the whole thing. That's more than fishy--- wow, i have to do this AGAIN! WOLONG DOES NOT HOLD 3% OF THIS COIN You should have written it in big letters, we might have believed. I know wolong from day one. kthxbai. They didn't join crypto world to make money, no sir! They're here to give love and care, spread the word of Jesus way he wanted to be done. Implying anyone said this. But who wants to make money goes into Doge, wich has potential to reach $0.2-0.5 per coin or something new like Mint. late and pissed miners, jealous people... Maybe you are the new one that jumps on "Doge2.0" bandwagon because you been late for the original? it's amazing how many angry people are in the crypto community that spend most of their time posting shit about a coin that they don't like. Why can't everyone just be happy and go support a coin they like and enjoy making money? Stop being so angry and negative and just stay out of the coins you don't believe. Well, maybe because people like wolong harm the community with their scam, creating mistrust and doubt, making it harder for new innovations to get trust and community? he hasn't harmed me in anyway. He made me loads on uno and doge. He also let me get a hold of some panda coins at 20 sat with his public IPO opportunity. No one including wolong forces you to buy or mine a coin, everything is your decision. No one is pointing a gun to anyones head man. Thank you! So PANDA is valued at 20 satoshi. Everything else's just smoke and mirror. Other people have not come forward to inform the community the have conflict of interest and financially benefit from the preemie. At least you come clean. Wish more were like you. And now we understand you have every incentive to see PANDA take off so you can benefit financially again. Sorry for the rest of community buying into this and have not dumped fast enough.
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Made a gif you can watch while mining the one true Pandacoin PGvETYhTnWV9upPfCr7tGotiisN5VHamjK cute !
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there's alot of simple things that can screw it up Pandacoin.conf would screw it up its pandacoin.conf , i would just delete wallet then redownload and do what i said i had problems with it for a few hours here's my nodes but just try what i said delete the conf in your panda qt folder and then goto %appdata% roaming panda coin then put the panda.conf there
addnode=162.242.156.243 addnode=178.32.175.227 addnode=46.105.55.204 addnode=98.20.28.60 addnode=151.224.109.191 addnode=178.85.94.79 addnode=80.178.25.79 addnode=190.37.153.118 addnode=93.219.177.65 addnode=173.172.123.46 addnode=82.176.104.1 addnode=62.178.230.163
If you have initiated transfers, do not delete wallet.dat If you haven't been able to even go into the wallet to get an address, it's fine to erase all. Just want to make sure
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to fix this issue. - go to installation folder where you extract pandacoin-qt to - open pandacoin.conf - add all the nodes in the thread above - save, and close it now go to explorer - search %Appdata% - open folder: roamining > PandaCoin - copy pandacoin.conf from pandacoin-qt folder, to PandaCoin folder restart pandacoin-qt it should sync within minutes. this takes a few minutes to fix. ask if you have questions
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by the way, the mac wallet is not opening up. please check.
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This coin's got good karma.
BTC likes us LTC likes us DOGE supports us, and will take us to the moon!
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Overshot a little, 99% premine, but I know ya'll don't care about that CANT WAIT FOR THE RELEASE SO MUCH MARKET STABILITY SO MUCH COMPETITION TO FIGHT FOR THE 1% REMAINING COINS SO MUCH $$$ TO BE MADE ON EXCHANGES HOORAY!!!
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devs are on IRC @freenode #officialpandacoin and they are working hard right now.
could use more help.
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i still cant get the wallet to sync, ive tried adding all nodes, turning off my firewall and av still nothing? anyone got ideas
go to %AppData% -> Roaming, and copy your panadacoin.conf from your download to the PandaCoin folder. Restart pandacoin-Qt, that should work.
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$you`ll give me 1000Panda for 10PND, right?
on this rate i will also like to trade some of my PANDA 70,000 PANDA = 7,000,000 PND i am offering 70,001 PANDA for 7,000,000 PND Fake for real.
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they said premine doesn't matter?
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Increased liquidity= reduced volatility. The opposite should have been in effect. The coins with NO volume should've been way off and panda should've been stable because of the increased liquidity.
If a crashing exchange is your only excuse for the lower price, then how come the price is not higher at mintpal? They never went down. Just admit it...people are dumping.
Calm down lol First few days are always volatile, it was fluctuating between 70-100 before cryptorush went down At current difficulty, it still gives a pretty good amount of coins per day. Its profitable so some people will sell at that price Once difficulty increases sufficiently, prices will follow (hopefully) difficulty increase? I will bail first why would I mine a coin that's artificially propped by 1 person? I will eat his BTC. Thank you though!
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This is the BEST PANDACOIN until TheRealRealReal PandaCoin. Can't wait!
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I am sold.
This is the best version of Panda coin yet!
Let us know when we can start mining this baby
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WTS 500k chunks of PND will take Doge, BTC or LTC
Would you take PANDA for it?
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MOON is dead already.
Buried by all the new alt coins.
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yes osx wallet setup my pc wallet but it is not syncing, yes already added the 10-15 nodes in conf file but still not synching, don't know what to do. mining on pools but no place to transfer
OSX wallet please! This is the most legit Panda with no pre mine. supporting this. Don't let us down
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And another animal/clone/bullshit coin. Thanks dev for enriching the crypto community. We needed this to make altcoins less ridiculous.
Implying because a coin has an animal in its logo it's bullshit PANDA is actually what wolong's scamcoin should have been: DOGE ASIC proof but without greedy 3% premine that was only made to grab IPO from lured fools. 2014 people still not have learned that wolong is nothing but a scammer whose's aim is to make money with cryptos for his investors, no matter how. This may succeed because it's anti-wolong. I see there are 2 camps of people, pro-wolong, anti-wolong, and people who don't give a f* as long as there are profit. so yes, this coin has merits.
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made a joke on irc about panda 3.0 cryptsy and got banned... hmm well seems its that serious I am getting so confused. So which one's the real panda? PAND PANDA PND PNDA PDA and something else that's about to be released. ..... WTF IS HAPPENING. I thought pandas are rare and about to go extinct. But obviously they are reproducing like it's spring. PAND - old panda coin that's good for nothing and will die PANDA (This one) - the new, better panda with good community and investors PND - fake panda coin made to sabotage this one. I think this info should be posted in the main post. Should we mine this one, or focus on the original one?
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