I have no intention of broadcasting this estimate of ppcoin project effort cost. I don't know why smoothie is so obsessed with it and quoting it everywhere, well it might actually be free promotion for us
The original estimate was intended to counter the accusation that my goal was to make a quick buck and then disappear. I was merely pointing out the fact that it couldn't possibly be the case considering how much effort went into this project. Of course one doesn't need to trust me on that, I have repeatedly stated that users should be fully aware of the risk involved in investing in ppcoin market as it is an experimental project.
I would like to clarify that I do not claim that because I spent so much time on the project then ppcoin should be valued at such levels. How much ppcoin should be valued is entirely up to each user and market in general. It's quite possible that the design is not good enough to compete in the market so it wouldn't worth much at all.
I would like to say that my motivation has been to innovate and help advance cryptocurrency technology, given my belief that bitcoin technology is beneficial to humanity and gives liberty more chance to survive amongst growing tyranny throughout the world today. So yeah I spent a lot of time on the project. I could have used the time to further some of my other potentially more profitable but soulless projects, but I find ppcoin project the most cherished in my heart, so even if ppcoin entirely fails I would have no regret whatsoever. I have enough means to support myself so I don't really see how making more money would make my life happier and more fulfilled.
I fully intend to continue work on ppcoin project and I don't see myself disappearing any time soon, barring any unforeseen circumstances at least. I also encourage capable developers gain more knowledge of the design and become a source of backup of the project.
I also appreciate people voting in this thread valuing our work on ppcoin. Even if you voted for a value less than $1000 I take it that you still think our work has some value and may potentially contribute to the advancement of knowledge in cryptocurrency technology. So I thank you for the kind support