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Building back up at 3 nicely after that dump, chipping at 4 sat. Looking good.
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Wow someone just dropped like 16BTC on Bittrex at 2 and 3sat.
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Why the trade volume of this coin has declined? It always was among top 20 coins on Bittrex.
Yeah, I don't know, maybe it will pick up come the next big update I don't recall where I heard it but I read that there was some big update/news coming down the line. Hope it's something pretty boss, though the PND devs haven't failed to deliver so I'm sure it'll be awesome. It was in the hummingbird pic displayed with The Weekly Panda. On it in white lettering, it said "100,000 merchants and retailers. Coming Soon." That's pretty awesome but I don't think that's it. I seem to remember the word "secret" or "surprise" being thrown around. I'll have to see if I can find the source.
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Why the trade volume of this coin has declined? It always was among top 20 coins on Bittrex.
Yeah, I don't know, maybe it will pick up come the next big update I don't recall where I heard it but I read that there was some big update/news coming down the line. Hope it's something pretty boss, though the PND devs haven't failed to deliver so I'm sure it'll be awesome.
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Was the PC on Windows?
Yes, soon to be resolved. Well, I need to have windows for work but I'll work something out. Try https://www.virtualbox.org/ on your linux pc. You can create a small windows setup for work stuff. Cheers, hadn't thought about doing it that way round. Having said that, I've got vmplayer installed with a few linux distros for testing purposes so probably not a huge leap in imagination required! Eset has a file called "Bitcoin Stealer" in quarantine. It was quarantined not long after I had my Bitcoins stolen. Threat is called MSIL/TrojanDownloader.Agent.ZU Using a virtual machine is not that safer due to Host OS - Guest OS communication. Better setup a dual boot Can you elaborate? I'd think running a VM and NATing through would be reasonably safe?
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Before I go into this, just know that I'm in PND with 275m coins.
It's great that you're all so into PND the way you are, but you can't stick your heads in the sand. Lesser known alt's are constantly played, run up and then plowed and PND may be no different. Just because the devs may be great, which seems to be the case, and there are cool new features coming out, which seems to be the case, doesn't mean that the price won't tank after the official announcement.
Consider that the price has gone nuts in the last couple weeks based purely on hype and expectations of future news. What coin can anyone name had that happen and the price DIDN'T balance out at or below prehype levels? I'd bet none. Also consider the price you're seeing now is likely already factoring in the news, meaning it might not go up when the news is released because the price already reflects that. In fact it might go down because nervous investors will see the price not going up and start selling off, triggering a drop out, or it might be a race to see which dumper can get their cut first. They don't say buy on the rumor, sell on the news for no reason.
Point is don't blindly dismiss any criticisms or concerns because "PND to the moon". We didn't get to the actual Moon by closing our eyes and hoping for the best.
I'd just like to bring this up again from a few days ago because it appears to have held true so far. You guys are pretty passionate about this coin but you can't ignore the drop in price and you can't just shrug it off, try to rationalize it and then cry 'to the moon' again. You also can't just say anyone with criticism or anyone that's pointing out some faults is only here to spread FUD. That's not how this works and it just makes you all look like clowns who really don't know what you're doing. If you were all genuinely interested in making PND something important, you'd all listen to opposing opinions and have a discussion about how to improve the coin and bring actual innovation. I'd wager that if you dropped into any crypto forum and asked a question about PND, most people would either not have heard of it or only heard about it in passing but didn't bother looking into it further because in reality there really isn't anything that differentiates this coin from another with the exception of some fancy wallet(much like Reddcoin and look where they are from their pre-news prices). Try that with Doge and see how many people say "oh yeah that was the coin based off a meme that funded the Jamaicans" vs "I don't really know much about PND". I'm just throwing out some ideas here but this could have been approached any number of ways to get people on board and stay on board. You could have had a massive marketing campaign like BlackCoin did. You could have funded some charity and spread the news like Doge did. In the vein of being "for the masses" you could have done something to actually entice regular people to the coin like taken out a small ad in a newspaper or a radio spot, something to reach people outside the crypto world. My mom's heard of Doge, she hasn't heard of PND and that's where part of your failure is, it doesn't matter if you have easy mining, it doesn't matter if you have a fancy wallet or a slick site. All that is worth nothing if your core audience, regular people, have never even heard of you. If you don't want PND to end up on the crypto scrapheap you'll stop ignoring constructive criticism, stop labeling people as shills and start working together to get things done. Get out there and make this coin worth something as a community instead of having the devs shoulder everything. If you don't, this coin WILL fail as there is nothing substantial that puts it apart from other coins.
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Before I go into this, just know that I'm in PND with 275m coins.
It's great that you're all so into PND the way you are, but you can't stick your heads in the sand. Lesser known alt's are constantly played, run up and then plowed and PND may be no different. Just because the devs may be great, which seems to be the case, and there are cool new features coming out, which seems to be the case, doesn't mean that the price won't tank after the official announcement.
Consider that the price has gone nuts in the last couple weeks based purely on hype and expectations of future news. What coin can anyone name had that happen and the price DIDN'T balance out at or below prehype levels? I'd bet none. Also consider the price you're seeing now is likely already factoring in the news, meaning it might not go up when the news is released because the price already reflects that. In fact it might go down because nervous investors will see the price not going up and start selling off, triggering a drop out, or it might be a race to see which dumper can get their cut first. They don't say buy on the rumor, sell on the news for no reason.
Point is don't blindly dismiss any criticisms or concerns because "PND to the moon". We didn't get to the actual Moon by closing our eyes and hoping for the best.
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No one else thinks this is suspicious? 11 BTC volume in a matter of minutes? I want to believe, but tread carefully guys.
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Woof, someone just bought up 1.7BTC at 3sat.
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Mintpal's PND/BTC market is showing signs of life. We could really use some buy support at 2sat :^) I'll throw 2btc on there if anyone can contribute.
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We've got movement on BTC market. 2.2 BTC so far, looking very good! Currently at 3sat, support building at 2sat.
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Fun fact, PND accounts for more than half of the total LTC volume on Mintpal today, 600/1000LTC
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If they weren't enormous single buys, I'd be worried about a pump/dump but it looks like one or a couple people buying up.
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Whoah check out those buys on Mintpal. ~316 LTC in the last few hours up to 150lit.
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What's with all the strange little orders on Mintpal? Buys of around 80 PND at 136 and sells at 122 for about 70 PND. Seems like whoever's doing it would lose money.
Edit:
And now how did this happen?
2014-08-10 19:36:36 BUY 0.00000133 75.08270677 0.00009986 2014-08-10 19:35:21 SELL 0.00000122 7.56777587 0.00000923 2014-08-10 19:35:21 SELL 0.00000134 74.52238806 0.00009986 2014-08-10 19:35:01 BUY 0.00000135 73.97037037 0.00009985
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Soon we shall see movement on the BTC market too Hopefully not too much longer, the spread is closing. At current rates you can get 100m for 2sat or 123m for 136lit.
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Wow, big buys at Mintpal, 38LTC at 107 and 40LTC at 110.
Looking good, someone big has noticed PND; no reason for anyone to not get on board. Active DEVs trying to bring crypto-currency to the masses, a great community that stands behind the coin. Why not join us? If you are still skeptical, come to the irc channel; #pandacoinpnd on freenode and talk to a DEV, stay for some rain, but you will find out what PND is about, and I am pretty sure you will like it. Appreciate the pitch but I got into PND last month in a big way, I'm all set .
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Wow, big buys at Mintpal, 38LTC at 107 and 40LTC at 110.
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Thoughts on IRC is he's trying to drive the price down to possibly scare folks into selling low so he can buy them. Seems chancey to me.
Naw, if you want to drive down the price you sell in batches over a long period of time and constantly lower the price with each batch you sell. Because then other dumpers who want out now play along and sell for that price. In this particular case his PND sold in a matter of minutes so nobody had a chance to make sell orders at around his price. Now all the other people selling PND will see last price at 57 and not want to sell even close to that with the other sell orders at around 80. So he's either an idiot for dumping or an even bigger idiot for dumping to drive down the price. Cool, makes more sense than what I said.
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Thoughts on IRC is he's trying to drive the price down to possibly scare folks into selling low so he can buy them. Seems chancey to me.
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