The problem is there are a lot of coins on the market now, and it's becoming progressively harder to get coins listed on big exchanges. Just look at how many small exchanges there are now. There seems to be a new one once a week, now.

Coins are having to really compete now to get on the big exchanges, and that's the way it should be. This gives PMC a very good chance. Just look at some recent popular coins which despite ending up on Cryptsy didn't really increase in value. Cash was a flash in the pan. It was added to Cryptsy in a relatively short period of time and it's done little to increase the value of the coin.

Other coins end up on exchanges in a couple of days and die just as quickly.

Now look at PMC. It's continued progress, great community and active developer ensure longevity. The coin is in an extremely healthy state, we are experiencing natural growth, and natural growth means long-term value.

If the dev would like to include some details about my Block Rewarder in the main post, he is more than free to do so if he chooses.  

I always make a public post when the Block Rewarder is live, with a link to the rewarder address so the rewards are verifiable on the blockchain.

I honestly doubt I could devote the time right now, as most of my upcoming time will be going into getting back into C++ to delve into the technical side of coin development. I'll always be here to rally for the cause, though.

I might have some upcoming projects that could benefit Grain, though. Little widgets to help newbies mine and use Grain. That sort of thing.

A few PMC per person is more than reasonable now. 2-3 PMC is a lot, if you consider PMC one day having half the total cap of Unobtaniun, for example.

Ah, yes.

http://coinmarketcap.com/volume.html#pmc

I think this just shows how bogged down Cryptorush is with coins. 

Still, we're at 97th place now. We're still hovering, but we're visible.

Any way we can get listed on https://www.mintpal.com/voting ?

We should have no problem getting listed with our great community.

Impressive considering the stats are only pulled from.. one exchange, right?

Fairer than Maxcoin.

The price is steadily going up. As I keep saying; by the time people realise PMC has taken off, it will be too late for them to buy in early.

Someone just made a great investment.  

Yep. Relatively speaking it's not even that big of a wall.

If you wanted to invest in PMC, now is your chance. Get yourself 1000 PMC and don't miss what could quite possibly your last chance to buy in cheap.

Imagine if Unobtanium was this cheap. Now imagine a coin bigger than Unobtanium.

See. 

We are. We've only recently been listed and are hovering around 100th place. Check the second page. We were at 98th place earlier.

My instinct tells me I need to do the same, however as I already have a 1% Stake, I know that buying up more for myself will only constrict supply and flow, so if I bought any I would have to distribute all of it. Which is frustrating as an early adopter, as I know its potential and how insanely cheap it is right now, but my role must be to help promote the coin and ensure it's distributed as much as possible.

Unless, however, I bought dumped PMC and sold it back at a sensible market price, thus protecting the market.

It does indeed. Giving away 66% of your coins would certainly increase the value of the coins in your pocket, but giving away a third would still be a good amount. If you want an easy way to distribute some of it drop me a PM. I can adjust my block rewarder to inject PMC into new blocks at whatever rate you see fit, if you wanted to spread your PMC as far as possible. It only takes a few hundred and the current mining rewards would double/triple for a few days. I've also thrown in a % chance of getting a 1 PMC block reward. It's a low percentage, 0.5%, but it's a great bonus for miners and only helps to increase distribution.

You can see my earlier posts in the thread for more details, but here it is;

Not sure threads are allowed anymore.

News: 98th now on Coinmarketcap. Now that we're on the main page we should really begin to get noticed. A great start considering we've only very recently been listed.

Well, welcome to PMC. Just for context, an early adopter of the coin was given around 5k PMC, which is a little over 1% of total supply, and that is considered a very large stake. Anyone holding 50,000 would actually very likely make the coin worthless as it would kill off free moving supply. The coin relies on it being in as many hands as possible, and owning that much actually devalues the coins in your hands just by owning them.

This is kind of what makes this coin resistant. You can't buy up swathes of PMC and expect to be rich. A sizable stake, sure. 1%, maybe 2% if you could afford it, but unless you also distribute those coins, you'll actually be shrinking the coin's distribution and devaluing the coins in your pocket.

I think I've given away several thousand by now, and 99.9% of those were given to me in one way or another. I still have my initial stake, of which 2k is set aside for future development and bounties, which currently leaves me with 3k to invest in the Block Rewarder or other distribution methods. But I can't raise the value of PMC by myself, and the more hoarders PMC has, the more worthless it becomes. Conversely, if as many people as possible distribute PMC, the more valuable it becomes.

Every hoarder expects everyone else to pick up the slack, and so we end up with a bunch of hoarders sitting on PMC devaluing it. It's this kind of logic we have to deal with if this coin has any chance of success.

As nice as that sentiment sounds, I have an extremely hard time believing it.

Firstly, anyone holding 50,000 PMC could literally destroy this coin. That's how much PMC that is. I don't think I'd even trust myself with that much PMC, because even with the very best intentions I could collapse the market. Not only that, but removing even 5% from the active market would severely reduce generated txfees. It may push up prices in the short term, but it would decrease miners rewards considerably.

I've not seen you in this thread before, and suddenly you want to buy an extremely large amount of PMC, and when questioned state you're going to give 80% of it away.


This community has been doing this for weeks. Since the coin started, in fact. If you read through the thread you'll see a lot of effort has and is being made to distribute PMC far and wide. No offence, but you sound like someone who wants to make a lot of money out of PMC. There's nothing wrong with that, of course. Investing in PMC is a very wise decision. But controlling that much PMC would basically kill this coin.

If you want to donate towards PMC's success, I've created a block rewarder that injects PMC into new blocks on the network for miners via tx fees. It only takes a couple of hundred PMC to keep it running for several days, and it greatly benefits PMC distribution and the network.

24 hour volume is over 2 BTC.  

Certainly achievable.

To buy up that much PMC would cost you exponentionally more than that. It takes just a 10th of that to double the price on the exchanges.

More than 10% of all Premine? It would cost you tens of BTC. If you're lucky you may pick up 5k, but anyone willing to sell it that cheaply would be a rare find. Good luck though!