bitcoin's long-term price

I don't think the community would want that. The Bitcoin Core is meant to carry only the basic functionality that is needed for the network to operate. Unfortunately the devs went rogue already and implemented HTTPS and some payment request crap so even the bitcoin is slowly becoming bloatware. I don't want to contribute to turning Bitcoin-core into even more bloatware.


It is similar and cryptograffiti can be used the same way actually, except currently cryptograffiti is all manual so that the user needs to make an appropriate transaction for the data to be saved in the block chain. Cryptograffiti is free while proofofexistence charges some money.

That's true.

depends on which PPC wallet you use. the qt wallet needs a special command to enable stake minting.
for example:

starts stake minting, transactions still require password every time

Have you even looked at the all-time BTC/PPC chart? There's no better price to buy in than the 0.0015 - 0.0017 range. If it crashes down there I will gladly buy a shit load of more PPC and grow my stake.




It's not entirely Nubits! Read between the lines. The real big news is that PeerShares is finished and will be released. NuBits is just the first use case for PeerShares. PeerShares is the innovation I've been waiting for a year now and the reason why I bought into PPC so massively last year. If PPC goes to the Moon I will make shit load of profit by Proof of Stake mining.

if it crashes I'll simply buy more, but right now I have tripled my wealth that is stored in PPC.

I bought into PPC on Monday last week because of http://www.nubits.com/ news. BTC went down and PPC went up, very good hedge. Tomorrow Nubits is publicly released, expect PPC to go even higher.

I invested in LTC when it traded 0.5$ each. I sold at 15$ never to buy back. LTC is worthless. Buy PPC.

My prediction: shit hits the fan before 2016 (whatever that means)

I'm so glad I got a refund of 6 BTC in July from BFL and that I bought 3500 PPC for that refund money on Monday this week. The Peercoins I bought are now worth 13 bitcoins

But seeing them going bankrupt makes me wonder why they refunded in the first place? Shouldn't a sinking company keep the money for themselves?

Makes sense. We can see a company as a species. Although individual members of the species have rather short life spans the species in its totality can potentially live very old.

Quite true, we don't have capitalism --- we have monopolism.

sauce: http://criminalbankingmonopoly.wordpress.com/

So you took the bait, big deal. I won't remember your account name anyway in the future when your credibility as a righteous participant in a discussion might really matter. 

Yes, Apple As We Knew It sort of died, happy?

By the way, you will die too. And guess what, even if the bitcoins you hold during the moment of your death double their value YOU STILL DIE. So don't give me the numbers, you are clearly missing the point, whether on purpose or due to stupidity is another question. If you die you are no longer able to stand for your views. Can Jobs do that from his grave? No. If anything, he will just flip his side in his grave if the new company leaders fuck something up.

You clearly have missed the point here. I am not trying to propagate the system that I came up with. I don't even like it myself so why are you trying to debate me and portray me stupid? I am not your opponent, I agree with you but you seem to be so shallow minded that you think people never fantasize. You have to admit that playing the Devil's Advocate can turn out to be very useful sometimes because it makes people think from a new angle --- a more unorthodox angle. This is how innovation is born --- by thinking outside the box, by fantasizing.

Isn't minimizing your tax liabilities equivalent to avoiding taxes? so it's pretty much a criminal act...

I did not know that tax system is so ambiguous. It's clearly not created by mathematicians and programmers but by stupid politicians instead.

I don't see how it couldn't work with regulations. PeerShares is just a technology. You can still build regulations on top of that.

Speaking of PPC, god it tripled its value since I bought in



Starts to look like a parabolic rise already and it's not even 23rd yet. Will we see some premature crashes like with AuroraCoin?

To the guys calling me an idiot: you have fallen into the trap of seeing just what you want to see.

To others: nice discussion and I thank you for participation. Many interesting thoughts have been generated as a result of my original post and I am now convinced that while the idea suits well for science fiction stories it has no place in the capitalistic world.

I would also like to emphasize that what I brought up is actually already present in a form of CEO mortality. For example, Apple sort of died with Jobs.

it's not an exchange. Exchanges can integrate PeerShares if they want to but PeerShare block chains can be created by anyone without the need to create a new altcoin.

I'm glad you asked because PeerShares is the very reason I'm so bullish on Peercoin. You can check it out here: http://peershares.net/

But simply put, peershares allows anyone to easily create their own PoS based shares as a separate block chain. These shares can be traded on exchanges similarly to altcoins in general. However, it has built into the PeerShares protocol that the issuer of the shares can easily send dividends to all the shareholders. The dividends will be sent as peercoins.

Simple use case for PeerShares:
You have a great idea of another Satoshi Dice implementation. You create 1000000 shares out of thin air and sell them to investors. Now when your project starts generating revenue you are going to pay dividends to the shareholders but thanks to PeerShares you don't have to track the ownership of the shares yourself. Instead you will just throw the peercoins into the PeerShares network as dividends and they become available to every shareholder accordingly to their share. The shareholders can sell their shares even OTC if they wanted to.