If there is pump-and-dump, it is Bitcoin itself and it is disgusting because it is expensive to use for transactions, energy-wasting and no longer serving its initial purposes.

By the way, it is great to be Dorian Nakamoto.  

I do not own miners. I do hiring mining rigs to run through Ipool.name to help stabilize the network. Because there is no other dedicated public mining pool, I just set several different "workers" in the same pool to "failover" but do not know if this has happened frequently or not-it did happen not infrequently when there was other mining pool to failover which was not desirable for my purpose of supporting Coino network; most of them being switching-mining when available in the past.

I think as Coino is more active again, and more profitable, more mining pools will come back again. 

Hi,

It does not appear that x11 solo-mining has been done by anyone else successfully in the past.

https://bitcointalk.org/index.php?topic=2456799.0   

The only active mining pool now is Ipool.


Do not be fooled by the lower price of CoinoCoin due to my having to spend my resources in finalizing the coming app.
More news coming out very soooon. 

Now 2070; 52 additional masternodes in 24 hours. 

The market force is driving the price.

Increasing # of masternodes, 1958 at this moment is the major factor.

Each additional $PAC purchases for a masternode increase the value of @PAC by more than 10 points. We do not know how much daily would be needed to keep the price steady.  

I still like the good old days of working well on mining directly from multiple pc's. This degree of ease is needed for the coming promotion to incentivize smartphone app users to be reward for engaging in PC mining activities from time to times. The more app users the less need for any users to do wallet mining as frequently and be rewarded.

In this respect, the late stage of mining (after 3 years), the block reward should be minimal and only having a token value, and acting only as the basis for rewards (not from the mining activity itself). This implies that halving of rewards should be much faster than coin price increase and the block reward would be close to only the transaction charge by the node which should be quite low, not the $10-20 by BTC.  Otherwise, multi-algo or not, any significant increase in block reward value would cause mining to concentrate on a few high-power miners, happening to BTC, and making Joincoin pc-mining impossible.

The present around 10% annual increase of Joincoin market cap from mining is more than twice of the 4.6 % annual increase in BTC. The Joincoin has to be 2x or more attractive than BTC, at least in the short-term, in order to appreciate more than BTC.

These two factors are the stumbling blocks to attract regular coin users (and some of them would become pc-miners and network supports) and gain price supports.

In short, re-introduction of halving of mining reward should be necessary. 

$PAC is holding well.

As long as the $PAC can ultimately reach 4000 sat and beyond before the end of the year, due to its sold plans and roadmap, every one should take back his/her "sh*t" words. Whether its next pump would be followed by A dump is up to everyone. Everyone is responsible. This is a free market.

Wow! It is rising at about 1 satoshi per 1-2 minutes, it might take less than 24 hours to reach above 500 satoshi.

However, due to having more than 100-BTC value of $PAC waiting to sell below 1000 satoshis, the next immediate major peak won't pass that mark unless miracles happen.

The opportunity might be gone in a few days if not just hours. 

Isn't this Capitulation? It won't be over until the sell waves are done, in the coming 1-2 months before the halving of the 1000:1 redemption, or at least strong hands take over. 

Could you tell us more clearly why You are running Redemption wallet client for staking?  

Do not be a victim of FUD
Someone might be wanting to get in to buy $PAC with a much cheaper price.

         

When I first bought BCT at more than $1000 in 2013 and the price dropped to below $250 (and briefly below $100) in 2014. Did I call it a scam coin?
Now look back it was not just a history- it was a time to buy more if you choose so. 

From what I can see:

You bought 1M old PAC at 0.00000001 BTC (or 1 satshi), costing about 0.01 BTC
If you sold 1000 new $PAC Market price @Tradesatochi,  now 0.00000225 (or 225 satoshi), you only get 1000 x 0.00000225=0.00225 BTC.

In short, Your total holding value dropped to 0.00225/0.01 or 22.5%.
For a better price, you have to wait.  

I am finalizing the coming app which will have direct impact to CoinoCoins usership. The app will take care of some of the fundamental issues that the network/blockchain-technologies should having been developed/designed in the ways to work and have a real impact to anyone's life. Again, presently it works on the app level. Next, we shall see what can be done, if any, on the network/blockchain levels. 

I also have to emphasize that such degree of price swing is normal for cryptos.

Even for BTC, historically, the BTC prices have undergone such degrees of rising 100-10000x then dropping to 1/10 or less at least 4-5 times. Even for such a big-Cap cryptocoin, recently, it still dropped to 1/4  from the peak (from nearly 20000 to around 5000 before the bounce) and it is unclear if the process is completed yet. 

Just my observation and opinions.

As you can see, there are still people starting the redemption processes. The PAC dev's already allowed non-maternode PAC's to make the redemption but the team has nothing to do with how soon the redemption will proceed.

Secondary, the prices changes are supply and demand issues, also related to the timing of the social media campaign.
Presently, I have to call it "sell on the news."  The only things that can help is transparency, timely updates, and probably moderate-degree without-undue-hype campaigns to help mitigate the downward-price pressures.

Speeding up the process and opening the trading pair $PAC-BTC sooner @Cryptopia.  No way!
You are asking to open the flood gate.