edmundduke
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Activity: 1624
Merit: 1007
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January 12, 2016, 11:16:46 PM |
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There was quite a lot of action on PND today. More than 0.6 BTC volume (its a lot for panda since it has been around 0.01 for the longest time). Looks like someone big is interested in gathering up some PND before the launch of the new coin. This is excellent news! This might be the push we needed.
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BurstIncomeAsset
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January 13, 2016, 01:14:37 AM |
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There was quite a lot of action on PND today. More than 0.6 BTC volume (its a lot for panda since it has been around 0.01 for the longest time). Looks like someone big is interested in gathering up some PND before the launch of the new coin. This is excellent news! This might be the push we needed.
Yep it's going up, now we need to push it to 10-20 satoshi and we will get many interested traders soon trading it actively. Then we can get it to Bitrex, and it will go to the moon from there! |
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edmundduke
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Activity: 1624
Merit: 1007
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January 13, 2016, 10:07:15 AM |
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There was quite a lot of action on PND today. More than 0.6 BTC volume (its a lot for panda since it has been around 0.01 for the longest time). Looks like someone big is interested in gathering up some PND before the launch of the new coin. This is excellent news! This might be the push we needed.
Yep it's going up, now we need to push it to 10-20 satoshi and we will get many interested traders soon trading it actively. Then we can get it to Bitrex, and it will go to the moon from there! The first step is to get off from the 1 Sat sell wall. It is pretty big, unless it goes there is pretty much no chance for it to go up. I would love it to be on the 10-20 sat range but it seems way too high. Even getting it to 3-4 Sats seems like a big task. First of all we need some news from the "team" on what is coming etc. |
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PandaCoinTeam (OP)
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January 14, 2016, 02:09:14 PM |
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A lot of trading activity in a past few days... things warming up again. We are going to celebrate that and burn some Pandas latter today. Lock your seatbelt, everything ready for liftoff...  |
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edmundduke
Legendary
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Activity: 1624
Merit: 1007
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January 14, 2016, 02:22:48 PM |
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A lot of trading activity in a past few days... things warming up again. We are going to celebrate that and burn some Pandas latter today. Lock your seatbelt, everything ready for liftoff... Today!? What's coming today, would love some news about what is happening. Could be a good time to get some more if something is really happening already. Looking at it right now seems the volume for today is low but never know when someone takes a shot at the 1 sat wall again. |
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PandaCoinTeam (OP)
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January 14, 2016, 02:35:07 PM
Last edit: January 14, 2016, 03:03:29 PM by PandaCoinTeam |
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A lot of trading activity in a past few days... things warming up again. We are going to celebrate that and burn some Pandas latter today. Lock your seatbelt, everything ready for liftoff... Today!? What's coming today, would love some news about what is happening. Could be a good time to get some more if something is really happening already. Looking at it right now seems the volume for today is low but never know when someone takes a shot at the 1 sat wall again. Yes, today  We are going to burn 1,000,000 PND to cut total coin supply... not too much, but enough to make a little test. |
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Bitdonator
Legendary
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Activity: 1223
Merit: 1002
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January 14, 2016, 03:09:53 PM |
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A lot of trading activity in a past few days... things warming up again. We are going to celebrate that and burn some Pandas latter today. Lock your seatbelt, everything ready for liftoff... Today!? What's coming today, would love some news about what is happening. Could be a good time to get some more if something is really happening already. Looking at it right now seems the volume for today is low but never know when someone takes a shot at the 1 sat wall again. Yes, today We are going to burn 1,000,000 PND to cut total coin supply... not too much, but enough to make a little test. Good idea, but it may be better idea to burn 10k - 100k Pandacoins every day, than burning 1M only once. So coin supply will drop every day a little, and grab more attentions to users. |
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edmundduke
Legendary
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Activity: 1624
Merit: 1007
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January 14, 2016, 04:10:40 PM |
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A lot of trading activity in a past few days... things warming up again. We are going to celebrate that and burn some Pandas latter today. Lock your seatbelt, everything ready for liftoff... Today!? What's coming today, would love some news about what is happening. Could be a good time to get some more if something is really happening already. Looking at it right now seems the volume for today is low but never know when someone takes a shot at the 1 sat wall again. Yes, today We are going to burn 1,000,000 PND to cut total coin supply... not too much, but enough to make a little test. Good idea, but it may be better idea to burn 10k - 100k Pandacoins every day, than burning 1M only once. So coin supply will drop every day a little, and grab more attentions to users. Ah ok. Does this mean that there have been steps going on for the new coin also ? Or just testing the burning mechanic to ensure all is working as you wanted ? 1mil is a good amount to start with as a test. But as Bitdonator sayd, maybe it is better to do 10x100k tests? |
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VDechand
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January 14, 2016, 11:44:35 PM |
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Hello guys i have a question  what can i make with my 3mil. PND?  waiting for the big hype train? |
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Pelgoran98
Sr. Member
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Activity: 328
Merit: 250
It'd be nice.
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January 15, 2016, 12:54:56 PM |
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PandaCoinTeam (OP)
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January 15, 2016, 01:26:31 PM |
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A lot of trading activity in a past few days... things warming up again. We are going to celebrate that and burn some Pandas latter today. Lock your seatbelt, everything ready for liftoff... Today!? What's coming today, would love some news about what is happening. Could be a good time to get some more if something is really happening already. Looking at it right now seems the volume for today is low but never know when someone takes a shot at the 1 sat wall again. Yes, today We are going to burn 1,000,000 PND to cut total coin supply... not too much, but enough to make a little test. Good idea, but it may be better idea to burn 10k - 100k Pandacoins every day, than burning 1M only once. So coin supply will drop every day a little, and grab more attentions to users. Ah ok. Does this mean that there have been steps going on for the new coin also ? Or just testing the burning mechanic to ensure all is working as you wanted ? 1mil is a good amount to start with as a test. But as Bitdonator sayd, maybe it is better to do 10x100k tests? It's just a test, so we can see how burning affect PND price, trading volume and other parameters, This is not begining of swap, since new coin is not yet finished.Right, it's better to burn smaller ammounts every day than all at once, and we will burn Pandas in that way. So 100,000 PND going to be turned to ash every day, for 10 days or maybe longer |
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PandaCoinTeam (OP)
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January 15, 2016, 01:59:28 PM |
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"It has failed because the community has failed." - Mike says. Its not true, community is bigger and bigger every day and there is a lot of people who need to discover world of cryptocurrencies One of the main problem is that bitcoin and blockchain technology is a bit complicated for non-technical users, so they are sceptic about whole system. Also, one of the problem for bitcoin growth is that you need internet connection to process bitcoin transactions, and less than 40% of world population have internet access. Many people from 3rd world countries dont have internet or have a very bad connection. But good thing is that internet grow every day. The number of internet users has increased tenfold from 1999 to 2013. |
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Pelgoran98
Sr. Member
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Activity: 328
Merit: 250
It'd be nice.
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January 15, 2016, 02:03:28 PM |
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"It has failed because the community has failed." - Mike says. Its not true, community is bigger and bigger every day and there is a lot of people who need to discover world of cryptocurrencies One of the main problem is that bitcoin and blockchain technology is a bit complicated for non-technical users, so they are sceptic about whole system. Also, one of the problem for bitcoin growth is that you need internet connection to process bitcoin transactions, and less than 40% of world population have internet access. Many people from 3rd world countries dont have internet or have a very bad connection. But good thing is that internet grow every day. The number of internet users has increased tenfold from 1999 to 2013. You have missed the point. The writer of the article isn't some nobody. He was one of the more prominent developers. Did you even read the article?! |
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PandaCoinTeam (OP)
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January 15, 2016, 02:37:30 PM |
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"It has failed because the community has failed." - Mike says. Its not true, community is bigger and bigger every day and there is a lot of people who need to discover world of cryptocurrencies One of the main problem is that bitcoin and blockchain technology is a bit complicated for non-technical users, so they are sceptic about whole system. Also, one of the problem for bitcoin growth is that you need internet connection to process bitcoin transactions, and less than 40% of world population have internet access. Many people from 3rd world countries dont have internet or have a very bad connection. But good thing is that internet grow every day. The number of internet users has increased tenfold from 1999 to 2013. You have missed the point. The writer of the article isn't some nobody. He was one of the more prominent developers. Did you even read the article?! Yes, I read article from start to end, and what I wrote is just my opinion what is one of the main problems for bitcoin ecosystem. Mike write about gov. censorship, mining centralisation, transactions in real-world usage... everything true, but all that can be changed in the future... Remember Bitcoin in their early stage? And look where Bitcoin is now after lot od development. Bitcoin can fail one day, but that day is not soon, for sure. |
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spydud22
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January 15, 2016, 03:01:50 PM |
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"It has failed because the community has failed." - Mike says. Its not true, community is bigger and bigger every day and there is a lot of people who need to discover world of cryptocurrencies One of the main problem is that bitcoin and blockchain technology is a bit complicated for non-technical users, so they are sceptic about whole system. Also, one of the problem for bitcoin growth is that you need internet connection to process bitcoin transactions, and less than 40% of world population have internet access. Many people from 3rd world countries dont have internet or have a very bad connection. But good thing is that internet grow every day. The number of internet users has increased tenfold from 1999 to 2013. You have missed the point. The writer of the article isn't some nobody. He was one of the more prominent developers. Did you even read the article?! You have to keep in mind. Bitcoin, in its entirety, is only 6 and some change years old. It is still very new. |
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Bitdonator
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Activity: 1223
Merit: 1002
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January 15, 2016, 03:18:18 PM |
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Bitcoin will not fail just because single person leaving it.
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edmundduke
Legendary
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Activity: 1624
Merit: 1007
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January 15, 2016, 04:01:13 PM |
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"It has failed because the community has failed." - Mike says. Its not true, community is bigger and bigger every day and there is a lot of people who need to discover world of cryptocurrencies One of the main problem is that bitcoin and blockchain technology is a bit complicated for non-technical users, so they are sceptic about whole system. Also, one of the problem for bitcoin growth is that you need internet connection to process bitcoin transactions, and less than 40% of world population have internet access. Many people from 3rd world countries dont have internet or have a very bad connection. But good thing is that internet grow every day. The number of internet users has increased tenfold from 1999 to 2013. You have missed the point. The writer of the article isn't some nobody. He was one of the more prominent developers. Did you even read the article?! The main point is that Mike made a proposal for Bitcoin XT. Then there was a vote to fork Bitcoin into Bitcoin XT, the community stepped up and did not support him (there were backdoors in scrypt, ability to blacklist addresses and more, making btc centralized). When he failed he got butthurt because the hit on his ego was too big. SO he left, nothing more nothing less. Does BTC need some changes ? It sure does. But this has nothing to do with why he left, him leaving was a bruised ego. |
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Pelgoran98
Sr. Member
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Activity: 328
Merit: 250
It'd be nice.
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January 15, 2016, 07:24:48 PM |
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"It has failed because the community has failed." - Mike says. Its not true, community is bigger and bigger every day and there is a lot of people who need to discover world of cryptocurrencies One of the main problem is that bitcoin and blockchain technology is a bit complicated for non-technical users, so they are sceptic about whole system. Also, one of the problem for bitcoin growth is that you need internet connection to process bitcoin transactions, and less than 40% of world population have internet access. Many people from 3rd world countries dont have internet or have a very bad connection. But good thing is that internet grow every day. The number of internet users has increased tenfold from 1999 to 2013. You have missed the point. The writer of the article isn't some nobody. He was one of the more prominent developers. Did you even read the article?! Yes, I read article from start to end, and what I wrote is just my opinion what is one of the main problems for bitcoin ecosystem. Mike write about gov. censorship, mining centralisation, transactions in real-world usage... everything true, but all that can be changed in the future... Remember Bitcoin in their early stage? And look where Bitcoin is now after lot od development. Bitcoin can fail one day, but that day is not soon, for sure. This indeed makes sense. Thank you for clarifying. Your points are well taken. Thanks. |
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edmundduke
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Activity: 1624
Merit: 1007
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January 16, 2016, 05:50:20 PM |
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Thank you for posting this. It will help to reduce the supply a bit and shows that the burn addresses really exist. It is still just a small step but a necessary one. Market has also been silent now but it is expected as BTC is taking most of the volume with its volatility. Good time for trading. |
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