[ANN] More added to Wallet UPDATE PLEASE PosEx PEX Hybrid POW/POS [ANN]

[GREEDYJOHN]

Why is everyone tripping over themselves trying to dump their coins already? HiPoS hasn't even been going for 24 hours yet lol. Calm down dumpers! In the meantime, there are some cheap coins to scoop up out there

In part 1 I told you guys how to prepare for a staking coin. This is part 2 and I can now post this because of the phase the coin is in now and is past the point of sensitivity.

When a dev codes hipos into a coin he signs the coin's death warrant, because of the economic principles of supply vs demand that dictate the path ahead. Hipos sounds sexy but if you look at the numbers, the inflation is so high that supply quickly outstrips demand. 99% of holders have the same objective which is short term profit and this objectives weighs heavily on the supply side and very light on the demand side. For a while people hoard coins to get hipos but soon realize that as their balance grows the price goes down because others are executing their strategy. The moneysupply grows really fast and there is a generally accepted ratio of price vs money supply (with certain attributes being equal) that can only be upset with some sort of very special attribute - a good example is eth where the normal ratio of price vs money supply does not apply due to the block chain services creating demand.

With hipos the moneysupply grows so quickly creating a hi-supply that causes the price to tank very quickly accordingly, especially since 99% wants to execute their short term profit strategy and mostly at the same time. It is therefore imperative that when you participate in a hipos coin that you firstly prepare your input blocks as I explained in part 1. You then need to hoard as much as possible coins before the deadline which is max age. When time to hipos < max age you must not tamper with your input blocks so as to not disturb your coin age. At this point if you do get more coins create a second input block. As hipos approaches, watch the blocks and activate POS 1 block after hipos starting block. When you get a stake, assess the market and take a portion of your stake to the market and combine the rest into one input block. You might do one or max two more stakes before you get out completely to prevent a situation where you hoarded too many coins but no demand remains in the market which = big losses. You can always get back in later at a fraction of the price discounting the projected short term moneysupply and finding the matching acceptable price at that moneysupply.

The next important principle is the active coins. Roughly 10% of moneysupply is in play and the rest is irrelevant and is dead and stored in wallets somewhere, unless of course distribution is very wide. In this case I am referring to when the population is the usual suspects in cryptoland. You need to work on obtaining a percentage of that active 10%. There is a point where it does not matter if you have 10,000 coins or 100,000,000,000 coins because there is only a market for that small percentage. Although you can keep on hoarding coins, it is not optimal to invest more than 10% of the moneysupply. If you are quick, you can make your own balance the active coins. There is an exception where hoarding coins is acceptable and makes sense and that is where profit is not the objective but as an anti-dumping measure for a special coin that you deem has a long term potential and you want to assist the coin.

To summarise I think it is a pity that the hipos was coded into this coin and it was disappointing to me, although it is the dev's prerogative. It immediately forces a certain behavior which is actually not ideal and which is contrary to what is required for long term survival of a coin. The outcome is always the same as one can see with other hipos coins like 10k and cionz. The outcome is always the same. Always. Actually. there are 2 exceptions. If an attribute can be found that upsets the general price vs money supply ratio of the coin and the attribute creates demand (wink-wink to the dev if he wants to make this coin successful and counter the normal statistics). The other exception I wont go into now.

Finding the optimal decision points and strategy can be very entertaining. In this case Yobit being down provided a curve ball, but the quick addition of C-CEX was pure blue sky.

The best for a coin is to have a steady money supply.

HIPOS will not kill this coin, because the coins that are being dumped are actually being bought by a new set of investors that see potential in the next HIPOS and POS phases. PEX is a profitable buy right now.

Also, it is not reasonable to have a coin, where total coinage is less than 50,000 - even 1 million is still too small, perhaps a few million is ideal, especially at block 200,001

[GREEDYJOHN]

oh,

Booooo to the sellers....

for the near zero investment people put into this coin you think you would wait and see what happens with HIPOS.

my 30 odd coins from a few days ago is now cracking around 700!! I dont care if I dont get to sell them right away it's just fun to watch for the few bucks I put in.

Good explanation above, Nail-Head-Hit


The Slots game will add some reason to hold onto PEX to play around with.

This is just the beginning. Those 700 PEX will soon be cracking around 50,000 PEX. Lets wait and see 

[GREEDYJOHN]

Use block explorer https://chainz.cryptoid.info/pex/ to determine total PEX supply at certain blocks:

Details for Block #20000

Hash  0000000000000fdd6b5dcf857f019fcceb3caa6f7a5c1e06b147b448e66ff856   
Date/Time 2016-03-28 13:45:05  
Transactions 1 0.3 kB  
Value Out 0.1 PEX  
Difficulty 478526.63182263  
Outstanding 2,756.84471368 PEX
Created 0.1 PEX  

Details for Block #30000

Hash  efd7019170c2c09e8eee9420b59faac4c66b3298af8d9d167912afab502140eb   
Date/Time 2016-03-31 16:39:00 extracted by Proof of Stake  
Transactions 2 0.4 kB  
Value Out 55.15993 PEX  
Difficulty 0.00024414  
Outstanding 6,062.78908368 PEX
Created 7.93993 PEX  
 
Details for Block #40000

Hash  0000000000001152d80a0baca0e337b45d87b714a6b2fce40f7176cbf5877fa1   
Date/Time 2016-04-03 23:40:53  
Transactions 1 0.3 kB  
Value Out 0.1 PEX  
Difficulty 407676.76200427  
Outstanding 11,873.04689668 PEX
Created 0.1 PEX  

Details for Block #41000

Hash  0000000000000b0eafa7c393a03740090b1fff47183b4111e2b412be3cb2dd6c   
Date/Time 2016-04-04 06:20:11  
Transactions 1 0.3 kB  
Value Out 0.1 PEX  
Difficulty 346153.02414173  
Outstanding 17,371.38595668 PEX
Created 0.1 PEX  
 
Details for Block #42000

Hash  65524ea79707f5d286f543fa0dee6425016aa601171e2b86a125ad3c3d708a4b   
Date/Time 2016-04-04 12:51:45 extracted by Proof of Stake  
Transactions 2 0.4 kB  
Value Out 311.943427 PEX  
Difficulty 0.00024414  
Outstanding 25,516.04495668 PEX
Created 137.99051 PEX  

Details for Block #43000

Hash  9ec608e295222210459a3829c46cd3fa1adedd283b1f9acbbafdd1fbf4b523e4   
Date/Time 2016-04-04 18:46:58 extracted by Proof of Stake  
Transactions 2 0.4 kB  
Value Out 26.38571 PEX  
Difficulty 0.00025742  
Outstanding 34,172.19822668 PEX
Created 13.41571 PEX  

Details for Block #43600

Hash  00000000000011fa512ff76c16422be731d98cc790d95c1a2e7f0c0b0f91ffcb   
Date/Time 2016-04-04 22:25:58  
Transactions 1 0.3 kB  
Value Out 0.1 PEX  
Difficulty 256944.9304633  
Outstanding 39,815.51015668 PEX
Created 0.1 PEX  

[sillypothead]

it was about $1/PEX, $2200 market cap and 2700 PEX around block #20000

now it's about $0.5/PEX, $22000 market cap and 44,000 PEX.

so the price went down about 50%, but market cap went up 1000%, that's because the coin supply went up  about 2000%.

the support side is stronger than it looks.

[taxmanmt5]

Why is everyone tripping over themselves trying to dump their coins already? HiPoS hasn't even been going for 24 hours yet lol. Calm down dumpers! In the meantime, there are some cheap coins to scoop up out there

In part 1 I told you guys how to prepare for a staking coin. This is part 2 and I can now post this because of the phase the coin is in now and is past the point of sensitivity.

When a dev codes hipos into a coin he signs the coin's death warrant, because of the economic principles of supply vs demand that dictate the path ahead. Hipos sounds sexy but if you look at the numbers, the inflation is so high that supply quickly outstrips demand. 99% of holders have the same objective which is short term profit and this objectives weighs heavily on the supply side and very light on the demand side. For a while people hoard coins to get hipos but soon realize that as their balance grows the price goes down because others are executing their strategy. The moneysupply grows really fast and there is a generally accepted ratio of price vs money supply (with certain attributes being equal) that can only be upset with some sort of very special attribute - a good example is eth where the normal ratio of price vs money supply does not apply due to the block chain services creating demand.

With hipos the moneysupply grows so quickly creating a hi-supply that causes the price to tank very quickly accordingly, especially since 99% wants to execute their short term profit strategy and mostly at the same time. It is therefore imperative that when you participate in a hipos coin that you firstly prepare your input blocks as I explained in part 1. You then need to hoard as much as possible coins before the deadline which is max age. When time to hipos < max age you must not tamper with your input blocks so as to not disturb your coin age. At this point if you do get more coins create a second input block. As hipos approaches, watch the blocks and activate POS 1 block after hipos starting block. When you get a stake, assess the market and take a portion of your stake to the market and combine the rest into one input block. You might do one or max two more stakes before you get out completely to prevent a situation where you hoarded too many coins but no demand remains in the market which = big losses. You can always get back in later at a fraction of the price discounting the projected short term moneysupply and finding the matching acceptable price at that moneysupply.

The next important principle is the active coins. Roughly 10% of moneysupply is in play and the rest is irrelevant and is dead and stored in wallets somewhere, unless of course distribution is very wide. In this case I am referring to when the population is the usual suspects in cryptoland. You need to work on obtaining a percentage of that active 10%. There is a point where it does not matter if you have 10,000 coins or 100,000,000,000 coins because there is only a market for that small percentage. Although you can keep on hoarding coins, it is not optimal to invest more than 10% of the moneysupply. If you are quick, you can make your own balance the active coins. There is an exception where hoarding coins is acceptable and makes sense and that is where profit is not the objective but as an anti-dumping measure for a special coin that you deem has a long term potential and you want to assist the coin.

To summarise I think it is a pity that the hipos was coded into this coin and it was disappointing to me, although it is the dev's prerogative. It immediately forces a certain behavior which is actually not ideal and which is contrary to what is required for long term survival of a coin. The outcome is always the same as one can see with other hipos coins like 10k and cionz. The outcome is always the same. Always. Actually. there are 2 exceptions. If an attribute can be found that upsets the general price vs money supply ratio of the coin and the attribute creates demand (wink-wink to the dev if he wants to make this coin successful and counter the normal statistics). The other exception I wont go into now.

Finding the optimal decision points and strategy can be very entertaining. In this case Yobit being down provided a curve ball, but the quick addition of C-CEX was pure blue sky.

The best for a coin is to have a steady money supply.

HIPOS will not kill this coin, because the coins that are being dumped are actually being bought by a new set of investors that see potential in the next HIPOS and POS phases. PEX is a profitable buy right now.

Also, it is not reasonable to have a coin, where total coinage is less than 50,000 - even 1 million is still too small, perhaps a few million is ideal, especially at block 200,001

I guess people have dumped so fast even without witnessing high POS

With every dump new users are getting in and staking

I am sure with many a developments in this coin would get stronger as we move ahead 

[thoth-Atlantian]

oh,

Booooo to the sellers....

for the near zero investment people put into this coin you think you would wait and see what happens with HIPOS.

my 30 odd coins from a few days ago is now cracking around 700!! I dont care if I dont get to sell them right away it's just fun to watch for the few bucks I put in.

Good explanation above, Nail-Head-Hit


The Slots game will add some reason to hold onto PEX to play around with.

This is just the beginning. Those 700 PEX will soon be cracking around 50,000 PEX. Lets wait and see  

Holy shit, Just went to work for four hours staked 600 coins, was going to resend it to myself to combine into one block but I am hooked on the stakes and cant bring myself to do it.

Between this, BigUp, 1ex and Transfercoin I have incoming trans every few seconds it seems... Happy days

[jc12345]

HIPOS will not kill this coin, because the coins that are being dumped are actually being bought by a new set of investors that see potential in the next HIPOS and POS phases. PEX is a profitable buy right now.

Also, it is not reasonable to have a coin, where total coinage is less than 50,000 - even 1 million is still too small, perhaps a few million is ideal, especially at block 200,001

It is always good to be positive. I am also a glass is half full type of person.

The law of economics always has the final say though in these type of things. It is like gravity which is a law of nature - when you drop a stone it will fall to earth. Lets see because there is always a chance that a stone will fall upwards and not downwards, it is just that the probability is higher that it will fall down and not up.

[thoth-Atlantian]

HIPOS will not kill this coin, because the coins that are being dumped are actually being bought by a new set of investors that see potential in the next HIPOS and POS phases. PEX is a profitable buy right now.

Also, it is not reasonable to have a coin, where total coinage is less than 50,000 - even 1 million is still too small, perhaps a few million is ideal, especially at block 200,001

It is always good to be positive. I am also a glass is half full type of person.

The law of economics always has the final say though in these type of things. It is like gravity which is a law of nature - when you drop a stone it will fall to earth. Lets see because there is always a chance that a stone will fall upwards and not downwards, it is just that the probability is higher that it will fall down and not up.

Nice, getting all philosophical there, Just because the sun rises every morning, doesn't mean it will tomorrow.

[GREEDYJOHN]

HIPOS will not kill this coin, because the coins that are being dumped are actually being bought by a new set of investors that see potential in the next HIPOS and POS phases. PEX is a profitable buy right now.

Also, it is not reasonable to have a coin, where total coinage is less than 50,000 - even 1 million is still too small, perhaps a few million is ideal, especially at block 200,001

It is always good to be positive. I am also a glass is half full type of person.

The law of economics always has the final say though in these type of things. It is like gravity which is a law of nature - when you drop a stone it will fall to earth. Lets see because there is always a chance that a stone will fall upwards and not downwards, it is just that the probability is higher that it will fall down and not up.

The law of economics also applies here, because demand is increasing as supply is increasing, so price drops slowly.

[GREEDYJOHN]

WOW  

We are now at coinmarketcap.com:

https://coinmarketcap.com/currencies/posex/

[GREEDYJOHN]

Use block explorer https://chainz.cryptoid.info/pex/ to determine total PEX supply at certain blocks:

Details for Block #40000

Hash  0000000000001152d80a0baca0e337b45d87b714a6b2fce40f7176cbf5877fa1  
Date/Time 2016-04-03 23:40:53 
Transactions 1 0.3 kB 
Value Out 0.1 PEX 
Difficulty 407676.76200427 
Outstanding 11,873.04689668 PEX
Created 0.1 PEX 

Details for Block #41000

Hash  0000000000000b0eafa7c393a03740090b1fff47183b4111e2b412be3cb2dd6c  
Date/Time 2016-04-04 06:20:11 
Transactions 1 0.3 kB 
Value Out 0.1 PEX 
Difficulty 346153.02414173 
Outstanding 17,371.38595668 PEX
Created 0.1 PEX 
 
Details for Block #42000

Hash  65524ea79707f5d286f543fa0dee6425016aa601171e2b86a125ad3c3d708a4b  
Date/Time 2016-04-04 12:51:45 extracted by Proof of Stake 
Transactions 2 0.4 kB 
Value Out 311.943427 PEX 
Difficulty 0.00024414 
Outstanding 25,516.04495668 PEX
Created 137.99051 PEX 

Details for Block #43000

Hash  9ec608e295222210459a3829c46cd3fa1adedd283b1f9acbbafdd1fbf4b523e4  
Date/Time 2016-04-04 18:46:58 extracted by Proof of Stake 
Transactions 2 0.4 kB 
Value Out 26.38571 PEX 
Difficulty 0.00025742 
Outstanding 34,172.19822668 PEX
Created 13.41571 PEX 

Details for Block #44000

Hash  0000000000000dbfe1d8c06a03b2105fa2453a65e3802401ef5bf902f3ead9aa  
Date/Time 2016-04-05 00:16:33 
Transactions 1 0.3 kB 
Value Out 0.1 PEX 
Difficulty 195631.71646417 
Outstanding 45,143.07583668 PEX
Created 0.1 PEX 

Details for Block #45000

Hash  0000000000002b93384a61acdfca34230e5cfe908f9f6a88680a804fb07516a7  
Date/Time 2016-04-05 05:18:54 
Transactions 1 0.3 kB 
Value Out 0.1 PEX 
Difficulty 117148.59418471 
Outstanding 58,037.66924668 PEX
Created 0.1 PEX

[raetsch]

Why is everyone tripping over themselves trying to dump their coins already? HiPoS hasn't even been going for 24 hours yet lol. Calm down dumpers! In the meantime, there are some cheap coins to scoop up out there

In part 1 I told you guys how to prepare for a staking coin. This is part 2 and I can now post this because of the phase the coin is in now and is past the point of sensitivity.

When a dev codes hipos into a coin he signs the coin's death warrant, because of the economic principles of supply vs demand that dictate the path ahead. Hipos sounds sexy but if you look at the numbers, the inflation is so high that supply quickly outstrips demand. 99% of holders have the same objective which is short term profit and this objectives weighs heavily on the supply side and very light on the demand side. For a while people hoard coins to get hipos but soon realize that as their balance grows the price goes down because others are executing their strategy. The moneysupply grows really fast and there is a generally accepted ratio of price vs money supply (with certain attributes being equal) that can only be upset with some sort of very special attribute - a good example is eth where the normal ratio of price vs money supply does not apply due to the block chain services creating demand.

With hipos the moneysupply grows so quickly creating a hi-supply that causes the price to tank very quickly accordingly, especially since 99% wants to execute their short term profit strategy and mostly at the same time. It is therefore imperative that when you participate in a hipos coin that you firstly prepare your input blocks as I explained in part 1. You then need to hoard as much as possible coins before the deadline which is max age. When time to hipos < max age you must not tamper with your input blocks so as to not disturb your coin age. At this point if you do get more coins create a second input block. As hipos approaches, watch the blocks and activate POS 1 block after hipos starting block. When you get a stake, assess the market and take a portion of your stake to the market and combine the rest into one input block. You might do one or max two more stakes before you get out completely to prevent a situation where you hoarded too many coins but no demand remains in the market which = big losses. You can always get back in later at a fraction of the price discounting the projected short term moneysupply and finding the matching acceptable price at that moneysupply.

The next important principle is the active coins. Roughly 10% of moneysupply is in play and the rest is irrelevant and is dead and stored in wallets somewhere, unless of course distribution is very wide. In this case I am referring to when the population is the usual suspects in cryptoland. You need to work on obtaining a percentage of that active 10%. There is a point where it does not matter if you have 10,000 coins or 100,000,000,000 coins because there is only a market for that small percentage. Although you can keep on hoarding coins, it is not optimal to invest more than 10% of the moneysupply. If you are quick, you can make your own balance the active coins. There is an exception where hoarding coins is acceptable and makes sense and that is where profit is not the objective but as an anti-dumping measure for a special coin that you deem has a long term potential and you want to assist the coin.

To summarise I think it is a pity that the hipos was coded into this coin and it was disappointing to me, although it is the dev's prerogative. It immediately forces a certain behavior which is actually not ideal and which is contrary to what is required for long term survival of a coin. The outcome is always the same as one can see with other hipos coins like 10k and cionz. The outcome is always the same. Always. Actually. there are 2 exceptions. If an attribute can be found that upsets the general price vs money supply ratio of the coin and the attribute creates demand (wink-wink to the dev if he wants to make this coin successful and counter the normal statistics). The other exception I wont go into now.

Finding the optimal decision points and strategy can be very entertaining. In this case Yobit being down provided a curve ball, but the quick addition of C-CEX was pure blue sky.

The best for a coin is to have a steady money supply.

HIPOS will not kill this coin, because the coins that are being dumped are actually being bought by a new set of investors that see potential in the next HIPOS and POS phases. PEX is a profitable buy right now.

Also, it is not reasonable to have a coin, where total coinage is less than 50,000 - even 1 million is still too small, perhaps a few million is ideal, especially at block 200,001

I guess people have dumped so fast even without witnessing high POS

With every dump new users are getting in and staking

I am sure with many a developments in this coin would get stronger as we move ahead 

i guess they dumped, while the price is high, because it needs only a few hours to have the same amount of coins again, thx to hipos.

[lotfipro]

yeees i get my stake today  

[lotfipro]

YOU shoud go to poloniex and bitrex

[GREEDYJOHN]

Why is everyone tripping over themselves trying to dump their coins already? HiPoS hasn't even been going for 24 hours yet lol. Calm down dumpers! In the meantime, there are some cheap coins to scoop up out there

In part 1 I told you guys how to prepare for a staking coin. This is part 2 and I can now post this because of the phase the coin is in now and is past the point of sensitivity.

When a dev codes hipos into a coin he signs the coin's death warrant, because of the economic principles of supply vs demand that dictate the path ahead. Hipos sounds sexy but if you look at the numbers, the inflation is so high that supply quickly outstrips demand. 99% of holders have the same objective which is short term profit and this objectives weighs heavily on the supply side and very light on the demand side. For a while people hoard coins to get hipos but soon realize that as their balance grows the price goes down because others are executing their strategy. The moneysupply grows really fast and there is a generally accepted ratio of price vs money supply (with certain attributes being equal) that can only be upset with some sort of very special attribute - a good example is eth where the normal ratio of price vs money supply does not apply due to the block chain services creating demand.

With hipos the moneysupply grows so quickly creating a hi-supply that causes the price to tank very quickly accordingly, especially since 99% wants to execute their short term profit strategy and mostly at the same time. It is therefore imperative that when you participate in a hipos coin that you firstly prepare your input blocks as I explained in part 1. You then need to hoard as much as possible coins before the deadline which is max age. When time to hipos < max age you must not tamper with your input blocks so as to not disturb your coin age. At this point if you do get more coins create a second input block. As hipos approaches, watch the blocks and activate POS 1 block after hipos starting block. When you get a stake, assess the market and take a portion of your stake to the market and combine the rest into one input block. You might do one or max two more stakes before you get out completely to prevent a situation where you hoarded too many coins but no demand remains in the market which = big losses. You can always get back in later at a fraction of the price discounting the projected short term moneysupply and finding the matching acceptable price at that moneysupply.

The next important principle is the active coins. Roughly 10% of moneysupply is in play and the rest is irrelevant and is dead and stored in wallets somewhere, unless of course distribution is very wide. In this case I am referring to when the population is the usual suspects in cryptoland. You need to work on obtaining a percentage of that active 10%. There is a point where it does not matter if you have 10,000 coins or 100,000,000,000 coins because there is only a market for that small percentage. Although you can keep on hoarding coins, it is not optimal to invest more than 10% of the moneysupply. If you are quick, you can make your own balance the active coins. There is an exception where hoarding coins is acceptable and makes sense and that is where profit is not the objective but as an anti-dumping measure for a special coin that you deem has a long term potential and you want to assist the coin.

To summarise I think it is a pity that the hipos was coded into this coin and it was disappointing to me, although it is the dev's prerogative. It immediately forces a certain behavior which is actually not ideal and which is contrary to what is required for long term survival of a coin. The outcome is always the same as one can see with other hipos coins like 10k and cionz. The outcome is always the same. Always. Actually. there are 2 exceptions. If an attribute can be found that upsets the general price vs money supply ratio of the coin and the attribute creates demand (wink-wink to the dev if he wants to make this coin successful and counter the normal statistics). The other exception I wont go into now.

Finding the optimal decision points and strategy can be very entertaining. In this case Yobit being down provided a curve ball, but the quick addition of C-CEX was pure blue sky.

The best for a coin is to have a steady money supply.

HIPOS will not kill this coin, because the coins that are being dumped are actually being bought by a new set of investors that see potential in the next HIPOS and POS phases. PEX is a profitable buy right now.

Also, it is not reasonable to have a coin, where total coinage is less than 50,000 - even 1 million is still too small, perhaps a few million is ideal, especially at block 200,001

I guess people have dumped so fast even without witnessing high POS

With every dump new users are getting in and staking

I am sure with many a developments in this coin would get stronger as we move ahead 

i guess they dumped, while the price is high, because it needs only a few hours to have the same amount of coins again, thx to hipos.

Dumpers are merely transferring their wealth to somebody else who will reap better stake rewards.

[Hazyel]

Nah...the price didn't fall. It was propelled with so much force, that, the ground beneath it has been completely obliterated. And now, without ground, will fall forever!

[GREEDYJOHN]

Nah...the price didn't fall. It was propelled with so much force, that, the ground beneath it has been completely obliterated. And now, without ground, will fall forever!

Price didn't fall

Dump 50 PEX today, Next week it could be over 500 PEX in the hand of a new investor.

[jc12345]

Nah...the price didn't fall. It was propelled with so much force, that, the ground beneath it has been completely obliterated. And now, without ground, will fall forever!

Price didn't fall

Dump 50 PEX today, Next week it could be over 500 PEX in the hand of a new investor.

Lets say someone hits a stake of 100,000,000,000 pex. For agument sake. Will it be worth more or the same than lets say 50 pex if there is a 50 pex buy order?

We are only having this discussion due to the hipos.

[GREEDYJOHN]

Nah...the price didn't fall. It was propelled with so much force, that, the ground beneath it has been completely obliterated. And now, without ground, will fall forever!

Price didn't fall

Dump 50 PEX today, Next week it could be over 500 PEX in the hand of a new investor.

Lets say someone hits a stake of 100,000,000,000 pex. For agument sake. Will it be worth more or the same than lets say 50 pex if there is a 50 pex buy order?

We are only having this discussion due to the hipos.

HIPOS will never be this high. We are already over block 45,800. However, if I hit a stake of 100 PEX, it could be worth more than 50 PEX, if there is a 50 PEX buy order.

We have till block 60,000 after which the major phase of HIPOS will be over.

Even though coins are dumped, HIPOS has helped to ENHANCE TRADE, and to increase the spread and awareness of PEX.

[raetsch]

only pow is keeping this coin from 1 sat.

with every hipos stake, the spiral down gets faster.
even with pow, in one day the coin amount raised 50%.
what do you think will happen tomorrow?
what do you think will happen to the price?

yesterday 100 pex were worth .2btc
today 100 pex are worth .06 btc.
tomorrow? maybe .01 btc.

and we are taking about 100 pex, generated in about 2 or 3 minutes.

edit:
pah 2 or 3 minutes...
dd0527ac4374a6cc...   45973   2016-04-05 12:04:51   + 764.69757 PEX