I see no tweets on the twitter channels that are mentioned in the post above this one. Is there still a team working on this coin? I have quite a lot of them on c-patex. Once Cryptopia opens LTC trading again, the EMB can also be traded there again, which is good of course. Thanks!

PACCOIN UPDATE

Yesterdsy we could see an excellent live Q&A with Brad and developer BreakCrypto.

Also the white paper has been released.

*All* information regarding the redemption can be found on Paccoin.net  or will be released there soon. The only official twitter channel of the team that revived PAC is @paccoinofficial  Some necessary information will be released soon. The same is true for the new wallet for $PAC (the new PACcoin). Please be patient and keep an eye on the sites I just mentioned.

Mr Corless,  you are acting as a child. And as a fool. Please cut this crap. Start a new coin or whatever, but stop here.

PACcoin update

To avoid confusion about PAC let me explain: the current PAC coin was an abandoned project created by wmcorless long ago. This coin has a broken chain and other severe problems, and can not compete with other coins at all. At the end of 2017, a new development team (the current team) picked up this abandoned PAC project with agreement of mr wmcorless. This can be seen here:


The new team is doing a great job, and currently working hard to solve the issues.  This solution is actually a new PACcoin that will be launched Feb 1 for masternodes, and March 1 for all others. The new PACcoin is a big improvement compared to the current PACcoin, that is actually useless. Because of the developments of PAC and the upcoming new PACcoin, the price of the current (old) PAC did already rise quite a lot very recently. And guess what: the creator of PAC showed up again. That is all fine, but please keep in mind that the only official channels of the new development team are these:

https://twitter.com/paccoinofficial
www.paccoin.net

There are other websites and twitter channels that are using the name PAC. These are not related to the team working on the new PAC.
Information concerning the change of your current PAC into the new PAC can be found here: https://paccoin.net/wp-content/uploads/2018/01/Fork_Redemption_Guide.pdf

The wallet for the new PACcoin will be released soon, keep a close eye on the internet sites that I just mentioned.

PACcoin update

The redemption is getting closer now, as is the release of the white paper.

There is a clear manual telling exactly what to do to change your current PAC coins to the new PACcoin.
The manual can be found here: https://paccoin.net/wp-content/uploads/2018/01/Fork_Redemption_Guide.pdf
The new wallet for the new PACcoin is not available yet, but will be released soon.

Please be aware that the only official PACcoin information of the group that revived PAC and will execute the redemption can be found here:

https://twitter.com/paccoinofficial
www.paccoin.net

There are other websites and twitter channels that are using the name PAC. These are not related to the team working on the new PAC.
Never send your PACcoins to an address before doing your research well and take a close look at the websites that I just mentioned.

PAC Update

Today the Alpha version of the new website has been released. Be aware: an Alpha version is not the version for release to the public.
It is a test version for the mods. Once everything is ok it will be released. Pictures of the new site can be seen under the "important news" section of the PAC Discord chat channel.

Voting for the new PAC logo is still possible. The 6 finalist logos that were selected by the PAC team can be found here:
https://www.reddit.com/r/paccoin/comments/7qdqpe/pac_logo_competition_finalists/


PAC schedule:
January 16, 19:00 GMT voting for the logo ends
January 19: Q&A Livestream
February 1: release of the white paper. Redemption starts for masternodes
March 1: hard fork. The new PACcoin starts that day for everyone!

@Breakcrypto: what can i do, or where should I look to get evidence that you are not spreading FUD?
So far i heard of no problems. And even if there were: the new chain will start very soon.

No, it stakes while you are online. If you quit and restart after a few days, it will catch up where it stopped. So there is no need to stay online 720 hours non-stop.

Also, you can stake with a locked wallet, you can read about this in the FAQ's at the "wallets" menu item on paccoin.net. It says:

How to unlock the wallet for minting only?
Go to Help > Open Debug Window and there type:
walletpassphrase “your-password” 9999999 true
Please notice that your password is the one you created when the wallet was encrypted.

Please read previous posts that explain the cause of this situation. Also some seem not to be aware of the things that are about to happen with PAC, despite the fact that this has been posted recently, I will paste this short term history below this. I advise to be patient, all coins go up and down and PAC is definitely a coin with an exceptional potential to go up. Just give it some time, things just get started....

---------
The value of 1 PAC coin is low now (but still 30x higher than 4 weeks ago). PAC can only be traded against whole BTC Satoshi's, so either 1, or 2, or 3 and so on. But the decimals that you want while trading against BTC are not possible. So 1.84593 is not possible.

Friday night February 5, when trading PAC against LightCoin (LTC) just started, the demand for PAC was so high that the main PAC exchange (Cryptopia) melted and had to close trading ANY coin against LTC or DOGE. PAC was worth 0.000322 USD at the highest level, > 3000% more than just one week before. Since this meltdown of Cryptopia, PAC can only be traded against BTC on Cryptopia. And like I just explained that is not a good pair. Even after all those days, Cryptopia still not recovered from the run for PAC. On March 1, the PAC redemption will start and 3 zeros of the price will dissapear. Only as of that moment trading PAC-BTC will be possible in a more appropriate way.

According to the most recent information that I read on Discord, Cryptopia will open LTC/DOGE trading again within 2 weeks.


Current schedule:
- January 13: selection of the logo for the new PAC coin in the logo contest
- January 15: Launch #PacFyle (social network)
- January 19: Live broadcast Q & A
- February 1: Issue of #whitepaper
- March 1: Hard fork

Like I said, that is hard to predict. But my clear estimation is that it is a good moment to buy, and hold. Too many people are thinking they can become rich over night. My expectation is that within a few months this coin will gain a lot. The reasons for this can be found in posts I posted recently (between page 70 and this page). However, for chatting about this the PAC Discord channel is a better place I think

@nutildah: I know many cases where people gave advise concerning cryptocurrency and some time later their advise turned out to be totally wrong. Trading cryptocurrencies goes hand in hand with uncertainties. So giving advise hardly makes any sense, especially if you do not supply detailed insights and solid evidence of what you are claiming. And you don't......

How about this scenario: no work had been done on this coin for years. When you start making plans of resurrecting the coin, you try to gather people, start making plans, and start working on it. But it is not sure if you will succeed so you don't cry out loud and start working. And then they see the technical problems can be solved, things seem to work out and lead to results. Then they have to start with marketing, new website and so on. This takes some time but it is still not sure the coin will survive or do well. As everyone wants to be linked to success, it is logical to wait unrevealing who you are until you have a product and a marketing that you can be proud of. Resurrection started only less than 4 months ago so a little patience would be nice.

@nutildah: if you do just a little research, you can find who are involved in developing PAC. They worked hard on resurrecting this coin and are doing a great job. The new logo will be selected today, the white paper will be launched Feb 1, the new site will be launched soon and the hard fork will take place on March 1. So please refrain from talking bullsh*t while you are spreading incorrect information and clearly did no research, and supply not a single piece of evidence for your claim.
I agree that the PAC team has to make clearly clear who they are (names, pictures) but please have a little patience.

@demaskd:
Because huge demand for PAC on Friday February 5 made its main market (Cryptopia) crash. Cryptopia stil not recovered from the traffic and is expanding and upgrading its network capacity now. Because of this trade volume declined massively, dropping the price. This also triggers panic sellers, and sellers who bought even cheaper and want to make some profit. Stay calm, close your sell order and wait. I am quite sure it will be all ok in some time. Anyway, but also because millions of people who do not own cryptocurrency yet will start with this. There is a great team, doing a great job. And technically the new PAC will outperform most other coins so I hold every single PAC coin

If you just would have read the website, you would know a new website is about to be launched 

Totally agree! The sellers should just cancel their sell orders. That will make the price go higher. They are acting not very smart because the price was double from the current price, exactly one week ago before Cryptopia crashed. But I have plenty of time

@Hayamolo: read post 1737 on the previous page, there is a link to more info about the redemption.

PACcoin update

On Friday January 5th 2018, exactly one week ago, the enormous demand for PAC caused its main exchange (Cryptopia) to crash. Even today Cryptopia did not recover from the sky rocketing demand for PAC and Cryptopia's LTC and DOGE trading against any other coin including PAC is still paused. While Cryptopia is working on upgrading their server systems to restart trading, PAC is currently traded mainly against BTC. BTC is not a good pair for PAC as I explained in post #1700 on page 85 of this thread. Therefore the trading volume is very low compared to a week ago and also the price dropped, (although the price is still about 50x the price of 4 weeks ago) .

Good news: a new exchange is opening its doors soon (www.altcoin.io). At this moment people can vote what Alt-coins should be traded on this new exchange. PAC is ranked number 1 in the contest! And PAC is currently under consideration by altcoin.io as can be seen here: https://feedback.altcoinexchange.com

Current schedule:
- January 13: closing of the logo design contest for the new PACcoin that will be launched on March 1. 250 million (!) PACcoins for the winner.
- January 15: Launch #PacFyle (social network)
- January 19: LIVE broadcast Q & A
- February 1: Issue of the PAC whitepaper
- March 1: Hard fork

A bit more information about the last days and a bit more technical information regarding the upcoming coin redemption can be found here:
https://paccoin.net/update-paccoin-dev-team-next-months

The official PACcoin Twitter channel is: https://twitter.com/paccoinofficial

The PAC future insights .PDF document can be found here: https://www.docdroid.net/0PtkXDK/paccoin-future-insights.pdf
(it will open in your browser)

A nice recent video about PAC can be found here: https://www.youtube.com/watch?v=5DthOV7r35M

@manswers: to move your coins from Cryptopia to your wallet, open your wallet and click the "receive" button.
Then you will see a white window and in the upper right corner you will find your receiving address. This address looks like this example (just to give you an idea): LtvBeOaaAsWpcqYzxJdiLa

Copy this address. Go to Cryptopia then to "withdraw". Choose Paccoin from the dropdown list. Then paste the address that you copied from your wallet. Enter the amount of coins that you want to withdraw and execute the withdrawal. Coins will be in your local wallet soon.


Keep in mind that your wallet can be locked while sending or receiving coins. Actually "locked" is a confusing word here. It should be "encrypted". So you can do send/receive transactions with a locked wallet.

Binance will not accept PACcoin (or any other coin) without a white paper. Therefore, the release of PAC's white paper is essential.
This release is scheduled February 1.