Ukigo (OP)
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Activity: 42
Merit: 1000
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September 09, 2012, 01:29:46 PM
Last edit: December 13, 2018, 03:54:07 PM by Ukigo |
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Let
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You get merit points when someone likes your post enough to give you some. And for every 2 merit points you receive, you can send 1 merit point to someone else!
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Kupsi
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Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
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September 09, 2012, 01:32:51 PM |
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Let's speculate here about "fair" aka reasonable price of PPCoin.
My guess -- 0.002 BTC per 1 PPC.
And what is your guess ?
My guess is that this should be posted under Alternate cryptocurrencies. |
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Rothgar
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September 09, 2012, 01:33:54 PM |
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Let's speculate here about "fair" aka reasonable price of PPCoin.
My guess -- 0.002 BTC per 1 PPC.
And what is your guess ?
My guess is that this should be posted under Alternate cryptocurrencies. Yes, and I would say 0 is a fair price. |
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smoothie
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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September 09, 2012, 01:48:29 PM |
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LOL ...zero currently because you cant buy anything with it...well you can exchange for btc....wow.......lol
It's all an experiment. Risk is involved.
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N12
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Activity: 1610
Merit: 1010
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September 09, 2012, 01:54:05 PM |
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Should have a negative worth. The creators of scamcoins should pay the Bitcoin devs.
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Vorksholk
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Activity: 1713
Merit: 1029
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September 09, 2012, 02:24:55 PM |
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~0.00015 seems fair to me.
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Tittiez
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September 09, 2012, 04:29:23 PM |
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Should have a negative worth. The creators of scamcoins should pay the Bitcoin devs.
Ironicly, luke doesn't think of it the same way you do. Finally, a real non-scam altcoin! I'm not about to endorse it just yet, and time will tell if scammers turn it into a scamcoin, but it looks promising so far. Maybe if it keeps clean I'll even add support to Eligius in a few weeks  Also, I've created a branch with the latest bugfixes from Bitcoin-Qt 0.6.x. Have you read anything about it? |
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smoothie
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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September 10, 2012, 12:44:21 AM |
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Price of PPCoin is the cost to put it in the toilet...  |
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AndyRossy
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September 10, 2012, 01:04:49 AM |
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I see lots of trading on bitparking's exchange.
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Jutarul
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Activity: 994
Merit: 1000
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September 10, 2012, 01:10:15 AM |
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I see lots of trading on bitparking's exchange.
Value is likely to rise once people realize that you can use PPC to solve PPC blocks. |
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AndyRossy
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September 10, 2012, 01:26:28 AM |
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I see lots of trading on bitparking's exchange.
Value is likely to rise once people realize that you can use PPC to solve PPC blocks. What do you mean? |
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Jutarul
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Activity: 994
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September 10, 2012, 01:38:06 AM |
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Value is likely to rise once people realize that you can use PPC to solve PPC blocks.
What do you mean? Money supply will be mainly locked into generating the proof of stake blocks. I expect the PPCoins to dry up very quickly, once people start using them for stake. Of course the real question is how badly do people want to have PPC in the first place. Right now it doesn't have any competitive advantage over bitcoin. |
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AndyRossy
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September 10, 2012, 01:58:29 AM |
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Value is likely to rise once people realize that you can use PPC to solve PPC blocks.
What do you mean? Money supply will be mainly locked into generating the proof of stake blocks. I expect the PPCoins to dry up very quickly, once people start using them for stake. Of course the real question is how badly do people want to have PPC in the first place. Right now it doesn't have any competitive advantage over bitcoin. Aha interesting, how do you generate a proof of stake block thou? Surely having coins idle in a wallet cant make proof of stake blocks on its own? |
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Jutarul
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September 10, 2012, 02:07:32 AM |
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Aha interesting, how do you generate a proof of stake block thou? Surely having coins idle in a wallet cant make proof of stake blocks on its own?
Coins must be idle for 30 days I think - then they count towards stake. Also if coins are successful at generating a stake block they need to age again AFAIK. I also have to read up on the technical implementation on how the blocks are actually generated... But my first guess is the block incorporates the ppc address with the stake as a proof - and that changes the hash. Also the amount of stake has to modify the chance to yield a block, otherwise there might be an incentive to spread the stake across several addresses. |
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AndyRossy
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September 10, 2012, 08:46:39 AM |
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Aha interesting, how do you generate a proof of stake block thou? Surely having coins idle in a wallet cant make proof of stake blocks on its own?
Coins must be idle for 30 days I think - then they count towards stake. Also if coins are successful at generating a stake block they need to age again AFAIK. I also have to read up on the technical implementation on how the blocks are actually generated... But my first guess is the block incorporates the ppc address with the stake as a proof - and that changes the hash. Also the amount of stake has to modify the chance to yield a block, otherwise there might be an incentive to spread the stake across several addresses. Good explanation, ty  |
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smoothie
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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September 10, 2012, 10:51:36 PM |
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Aha interesting, how do you generate a proof of stake block thou? Surely having coins idle in a wallet cant make proof of stake blocks on its own?
Coins must be idle for 30 days I think - then they count towards stake. Also if coins are successful at generating a stake block they need to age again AFAIK. I also have to read up on the technical implementation on how the blocks are actually generated... But my first guess is the block incorporates the ppc address with the stake as a proof - and that changes the hash. Also the amount of stake has to modify the chance to yield a block, otherwise there might be an incentive to spread the stake across several addresses. Interesting so you don't have to mine if you have 1,000,000 PPC? Just as long as the wallet is in a client connected to the network? BTW how are people mining for them now CPU? GPU? |
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
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crazy_rabbit
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Activity: 1204
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RUM AND CARROTS: A PIRATE LIFE FOR ME
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September 11, 2012, 07:05:32 AM |
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.00001 BTC per 1 PPC is what I would think is a genuinely fair price. It is essentially worthless until it proves itself otherwise. Just because some people might have been mining them like crazy for the past month doesn't change the fact they are still essentially worthless. How much would you pay for Devcoins, I0 coins, SolidCoins, BBQ coin, GG, LQC, etc.......
It's a flash in the pan until proved otherwise.
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more or less retired.
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crazy_rabbit
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Activity: 1204
Merit: 1001
RUM AND CARROTS: A PIRATE LIFE FOR ME
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September 11, 2012, 07:19:49 AM |
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Not to mention that if anyone recalls the history of any of the other alt-coins, there highest prices were always at the START of them being traded. Even LTC traded higher at the start then it does now. So, buyer beware. If it's not DIRT CHEAP, you're getting fleeced. And if it ends up worthless (99.9% prob) then you're being fleeced anyway.
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more or less retired.
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smoothie
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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September 11, 2012, 07:25:14 AM |
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Not to mention that if anyone recalls the history of any of the other alt-coins, there highest prices were always at the START of them being traded. Even LTC traded higher at the start then it does now. So, buyer beware. If it's not DIRT CHEAP, you're getting fleeced. And if it ends up worthless (99.9% prob) then you're being fleeced anyway.
Yup I agree. Buy all the PPC you want at these prices of 0.0002........watch it fall to 0.000001. 2 billion PPC to be created total? Yeah....price is waaaay too high. Plus what can you buy with PPC? Nothing... |
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
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maxcarjuzaa
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September 11, 2012, 02:07:19 PM |
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0, nobady is seeing the movie? Betcoinexpress threats LTC, a week after hi/she post an open question about 51% protection 2 weeks after that ppc shows up claiming they have 51% protection when the have no.
scamcoin stop development and the creators of the ppc are new in the forum......
1+1=2
don't you see? ppc is SC 3
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