Primecoin to reach 0.05 by the end of the month.

[maxsolnc]

End of month is very far from now  And now there is 20 BTC sell wall at 0.00999999 (cryptsy), and totally ~60BTC in orders to 0.015 (there was such spike some hours ago)

[Luckybit]

The time to buy is now.

No, it is not. Price is already seriously pumped up. Buying now is serious risk because bubble can explode at any moment.

For as long as one makes serious profit by mining XPM the price is seriously pumped up. Equilibrium is reached when mined coins cover mining costs.

The reward per block is cut the higher the difficultly.  So cheaper hashes, means higher difficulty and less coins produced.

True that, but Primecoin difficulty is not calculated as with other cryptocoins. To go up by 1, it takes massive hashpower to be added for long time.
Even if difficulty goes up by 1, it is not like coin generation halves. Miners get a little less coins.

It's almost impossible for most people to mine now with ordinary CPU's. It's being mined by Ciphermine and other huge data centers now so as far as miners go in order for it to be profitable it has to be at 0.01 and up at this point. It was crazy to see people selling it for 0.0050 and under.

[TheSwede75]

Time to SELL is now, before GPU mining takes over and the PPS reaches 100.000+ for a single nVidia card.

[bbxx]

Time to SELL is now, before GPU mining takes over and the PPS reaches 100.000+ for a single nVidia card.

You sold too early too ?

[captainfuture]

dont know what i shall do. hold or sell?
i have fear that gpu mining will come and xpm loose value...

cant say what will happen then...

[OnlyC]

dont know what i shall do. hold or sell?
i have fear that gpu mining will come and xpm loose value...

cant say what will happen then...

me too, but take at least 2 weeks for GPU miner appear, so don't worry too much bro.

[mingmuang]

I sold a few hundred too early. 

3570k is getting lucky with blocks today at least.

[CryptoBeggar]

Primecoin to reach 0 at the end of century.

[oroqen]

Primecoin to reach 0 at the end of century.

Prime coin to reach 0 a the end of this sent.......

[eule]

The amount of FUD some people are spreading is amazing. Draw your own  conclusions, don't listen to forum warriors looking to buy cheap/sell high.

[smoothie]

I honestly thought the buy XPM at 0.002 to 0.005 btc was a no brainer.

If NVC can keep it's retarded value at 0.042btc per NVC, XPM can do much better.

[markm]

I honestly thought the buy XPM at 0.002 to 0.005 btc was a no brainer.

If NVC can keep it's retarded value at 0.042btc per NVC, XPM can do much better.

Not sure about that, the interest rates for stake in NoVaCoin are the best since PirateAt40, though doubtless once the oligarchs have multipled their stakes that way it will be going down again so the unwashed masses won't be able to catch up. Centrally planned centrally controlled money / interest-rates at their best! Fans of the Fed should love it! Provided they are in the Old Boy's Club, of course.

-MarkM-

[jackjack]

I'd even say 2BTC/XPM by the end of the month

[smoothie]

I honestly thought the buy XPM at 0.002 to 0.005 btc was a no brainer.

If NVC can keep it's retarded value at 0.042btc per NVC, XPM can do much better.

Not sure about that, the interest rates for stake in NoVaCoin are the best since PirateAt40, though doubtless once the oligarchs have multipled their stakes that way it will be going down again so the unwashed masses won't be able to catch up. Centrally planned centrally controlled money / interest-rates at their best! Fans of the Fed should love it! Provided they are in the Old Boy's Club, of course.

-MarkM-

Merchant acceptance of NVC is non-existent pretty much as far as I am aware so its price is not justified at such a high level in my view.

My comments above were made purely based on trading and how these new cryptos usually revalue themselves. It was a no-brainer with XPM it seems.

You can't ignore the shady release of NVC either...it still smells pretty bad.

[maxsolnc]

I'd even say 2BTC/XPM by the end of the month

laughing so much

EDIT: also someone pushes price down, wtf

[Luckybit]

I honestly thought the buy XPM at 0.002 to 0.005 btc was a no brainer.

If NVC can keep it's retarded value at 0.042btc per NVC, XPM can do much better.

Not sure about that, the interest rates for stake in NoVaCoin are the best since PirateAt40, though doubtless once the oligarchs have multipled their stakes that way it will be going down again so the unwashed masses won't be able to catch up. Centrally planned centrally controlled money / interest-rates at their best! Fans of the Fed should love it! Provided they are in the Old Boy's Club, of course.

-MarkM-

Merchant acceptance of NVC is non-existent pretty much as far as I am aware so its price is not justified at such a high level in my view.

My comments above were made purely based on trading and how these new cryptos usually revalue themselves. It was a no-brainer with XPM it seems.

You can't ignore the shady release of NVC either...it still smells pretty bad.

Well, I sold half of my XMP and I'm waiting until it gets to .05 to sell the rest. I predict by the end of the month but you have this thread to look back at to see how accurate my predictions are. Anything could go wrong and derail my prediction, but we shall see.

[Sampey]

On Crypsty yesterday XPM high-price was near to 0.0170 (big mistake for me not to sell), now is at 0.01 - 0.0095
I buy all my XPM at 0.0066 and i sell today at 0.01. But i think (hope) the price will rise again. What do you think?

[ohiwastedmylif]

On Crypsty yesterday XPM high-price was near to 0.0170 (big mistake for me not to sell), now is at 0.01 - 0.0095
I buy all my XPM at 0.066 and i sell today at 0.01. But i think (hope) the price will rise again. What do you think?

At that price someone had a 160BTC sell wall

[Sampey]

On Crypsty yesterday XPM high-price was near to 0.0170 (big mistake for me not to sell), now is at 0.01 - 0.0095
I buy all my XPM at 0.066 and i sell today at 0.01. But i think (hope) the price will rise again. What do you think?

At that price someone had a 160BTC sell wall

Sorry i Mean 0,0066 not 0.066  .

[Lauda]

On Crypsty yesterday XPM high-price was near to 0.0170 (big mistake for me not to sell), now is at 0.01 - 0.0095
I buy all my XPM at 0.066 and i sell today at 0.01. But i think (hope) the price will rise again. What do you think?

At that price someone had a 160BTC sell wall

Big miner