One million PPCoin traded on vircurex + price up from 2 cents to 18 cents in 24h

[mr_random]

PPCoin giving amazing returns and showing no signs of stopping.

One million plus PPCoin traded on Vircurex in the last 24 hours and the price has risen nine-fold from 2 cents to 18 cents in that time    (correct at the time of this post).

I always knew all this coin needed was for the masses to become aware of it and realise themselves it's an innovative coin rather than a cheap bitcoin clone. Very exciting times ahead with a bright future.. especially with Sunny the lead developer steering the way.

[Vorbane]

But what is it used for? What is going to keep its price steady after the speculation rush ends? (Im not being a downer, im legitimately curious about investing in an altcoin, but im trying to decide between PPC, NMC and LTC)

[chriswen]

Alt coin gold rush, last few days.  It sounds like the .com crash.

[mr_random]

But what is it used for? What is going to keep its price steady after the speculation rush ends? (Im not being a downer, im legitimately curious about investing in an altcoin, but im trying to decide between PPC, NMC and LTC)

You think Bitcoin started off with anything but speculation and belief in the innovative concept?

I would rank PPCoin the dark horse. LTC the favourite. And I wouldn't go near NMC but please understand that is just my opinion... I think NMC is too 'technical' for your average joe in the street to ever get.

[Vuxil]

Well, I would argue PPC has one of the more valuable alt coin designs due to its energy-efficiency. There is definitely a reason why this coin should keep growing, it has inherent value in energy savings over Proof-of-Work coins like Bitcoin and Litecoin (though Proof-of-Work coins could switch to Proof-of-Stake if they wanted too)

[H@ml3t]

While it is true that PPCoin offers some unique and new features compared to most of the other coins I can only recommend you to invest carefully at these prices.

At the moment it has only 2 exchanges, 3 pools, 2 faucets and you can gamble with it. Thats it. The rally during the last 2 days very much reminds of the first bitcoin bubble in 2011 where there was a great future ahead, but actually no practical use.

[Vuxil]

While it is true that PPCoin offers some unique and new features compared to most of the other coins I can only recommend you to invest carefully at these prices.

At the moment it has only 2 exchanges, 3 pools, 2 faucets and you can gamble with it. Thats it. The rally during the last 2 days very much reminds of the first bitcoin bubble in 2011 where there was a great future ahead, but actually no practical use.

The same could be said about Litecoin until only recently   You are right, one should practice caution, but I think PPC has enough designed in it where it can be carried forward from here and grow

[mr_random]

At the moment it has only 2 exchanges, 3 pools, 2 faucets and you can gamble with it. Thats it.

It will also be on neotrix's exchange which is launching soon. And btc-e.com are asking in their thread in marketplace whether people would like them to consider it. Volume dictates whether an exchange carries a coin and PPCoin has some nice volume the last month.

Don't forget, all coins have to start somewhere. PPCoin is slowly gaining traction and it has definitely hit a new level of awareness amongst the masses.

[mebezac]

I got in "early" on litecoins at $1.12 and I'm hoping I got in even early on PPCoins.

[Mjbmonetarymetals]

I think PPcoin is very interesting, from a review of sunny's posts it appears that he has a brain the size of a large medicine ball . Which is always a good thing to have behind any crypto coin.

[shinkicker]

So how do you mine PPCoin (and yes I did search, but found a few old posts)