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matt4444
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July 19, 2013, 04:05:32 PM
Last edit: November 16, 2013, 07:08:39 PM by matt4444
 #1

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pheaonix
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July 19, 2013, 04:06:41 PM
 #2

it is wayyyy too early to tell.

it may be a competitor with litecoin, which would be great in my opinion.

BTC.sx - Leveraged Bitcoin Trading. Simply use Bitcoin to take advantage of a rising or falling Bitcoin price.
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July 19, 2013, 04:18:45 PM
 #3

wait, before you speculate, but not too late.

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July 19, 2013, 05:36:50 PM
 #4

Is there any movement/development/plans whatsoever for this coin to be spendable anywhere?

Its an awesome coin, a great first step to 'useful' PoW schemes, and has real innovation....but if there is no real future in being able to actually spend the coins on goods or services one day...what are people speculating on exactly?

Isn't it more a proof of concept, than potential valuable commodity?

Profit-Switching Pool w/ Vardiff -> http://hashco.ws  Optionally keep the alts we mine or auto-trade for BTC. In addition can be paid out in any of: 365, AC, BC,  BTC, C2, CINNI, COMM, FAC, HBN, MINT, PMC, QRK, RDD, WC, XBC
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July 19, 2013, 05:39:38 PM
 #5

Isn't it more a proof of concept, than potential valuable commodity?

Bitcoin was a proof of concept.  Wink

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July 19, 2013, 05:40:57 PM
 #6

Isn't it more a proof of concept, than potential valuable commodity?

Bitcoin was a proof of concept.  Wink

Fair enough....but crypto currency isn't a new concept anymore....just seems to be little/no movement to do anything with the coin outside of mining it and listing found primes.  Maybe I'm just missing it somewhere.

Profit-Switching Pool w/ Vardiff -> http://hashco.ws  Optionally keep the alts we mine or auto-trade for BTC. In addition can be paid out in any of: 365, AC, BC,  BTC, C2, CINNI, COMM, FAC, HBN, MINT, PMC, QRK, RDD, WC, XBC
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July 19, 2013, 05:43:52 PM
 #7

Isn't it more a proof of concept, than potential valuable commodity?

Bitcoin was a proof of concept.  Wink

Fair enough....but crypto currency isn't a new concept anymore....just seems to be little/no movement to do anything with the coin outside of mining it and listing found primes.  Maybe I'm just missing it somewhere.

It's not even a month old. Give it time, people who see the value in it will create a market for it. Imagine people who will offer discounts for using Primecoin as payment?
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July 19, 2013, 08:46:03 PM
 #8

price has crashed.

why ?
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July 19, 2013, 08:48:24 PM
 #9

price has crashed.

why ?

What website are you looking at?? Price is at .0126 on cryptsy, still higher than it was 24 hours ago (.01195).... not sure how that's a crash.

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sumantso
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July 19, 2013, 08:48:36 PM
 #10

Nobody knows what the price will be. Its not as if there are charts and trends to help.

If I knew I would have become very rich. As it happens I sold mine at 0.0029. Yeah, don't laugh at me, I am already banging my head against the wall.

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July 19, 2013, 08:52:15 PM
 #11

dont worry you are not alone

i sold 100~0.003 (after 0.002 crash)

and 200~0.011 2 days ago

still holding about 150 Smiley

and 1.15 on pool account, lol
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July 19, 2013, 08:54:06 PM
 #12

price has crashed.

why ?

What website are you looking at?? Price is at .0126 on cryptsy, still higher than it was 24 hours ago (.01195).... not sure how that's a crash.

it was 0.017 today so it is 40% crash.

like bitcoin same day from 260$ to 150$
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July 19, 2013, 09:00:21 PM
 #13

dont worry you are not alone

i sold 100~0.003 (after 0.002 crash)

and 200~0.011 2 days ago

still holding about 150 Smiley

and 1.15 on pool account, lol

You are smarter than me. I sold 94 at 0.002; then 94 at 0.0038 (was hoping to make back my earlier loss). Then I watched in horror as the price rocketed up and hung myself yesterday. You can find the undead version of me floating around at WDC chat.

Still holding 4 blocks though (got 1 today). I am not selling now. No sir, I have learned my lesson.

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July 19, 2013, 09:04:29 PM
 #14

Making apartheid shops/services around whatever your pet pyramid/ponzi coin happens to be is not actually all that useful, especially to the people operating the shop or service if it, rather than the ponzi/pyramid itself, is their actual business, their bread and butter, their living, their children's college fund and so on.

It gets simpler and easier and cheaper all the time to accept any food anyone wants to put on your starving children's table, any scholarships anyone offers your kids, so to speak. That is, as an actual business that is actually in some business other than one or more pyramid/ponzi coin schemes, there is not even any actual need to pick and choose among coins or fiats or any other negotiable instruments, all one needs to choose is a payment processor who is willing to give you the kind of value / money / food / wealth / income you like, whether it be fiat or cryptocoins or whatever, who will handle all other things all possible customers might like to buy things with, be that ancient hoary coins of actual physical gold, Fed-printed dollars fresh from the presses, or the latest fad in e-currencies.

So really what providers of goods and services other than the service of payment processing choose to accept or not accept is pretty much a non-issue.

The nearest issues to it are what forms of payment are the best payment-processors able to process and which payment processors are the best...

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July 19, 2013, 09:12:25 PM
 #15

MThat is, as an actual business that is actually in some business other than one or more pyramid/ponzi coin schemes, there is not even any actual need to pick and choose among coins or fiats or any other negotiable instruments, all one needs to choose is a payment processor who is willing to give you the kind of value / money / food / wealth / income you like, whether it be fiat or cryptocoins or whatever, who will handle all other things all possible customers might like to buy things with, be that ancient hoary coins of actual physical gold, Fed-printed dollars fresh from the presses, or the latest fad in e-currencies.

we have casino, hosting and vps
(yes i have dgc yac wdc pxc too)

please use more dots Wink
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July 19, 2013, 09:15:14 PM
 #16


You are smarter than me. I sold 94 at 0.002; then 94 at 0.0038 (was hoping to make back my earlier loss). Then I watched in horror as the price rocketed up and hung myself yesterday. You can find the undead version of me floating around at WDC chat.

Still holding 4 blocks though (got 1 today). I am not selling now. No sir, I have learned my lesson.

best lesson is to hold 60% of mined loot and sell every day the rest (if price is not terrible)

i have changed 1000 ltc to 7 btc Smiley


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July 19, 2013, 09:17:39 PM
 #17

best lesson is to hold 60% of mined loot and sell every day the rest (if price is not terrible)

Interesting. Makes sense too, I guess. Cheers for the tip.


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July 19, 2013, 09:20:02 PM
Last edit: July 19, 2013, 09:33:34 PM by neurobox
 #18

Looks like some big buys are lined up for XPM at 0.07. Wouldn't be surprised to see a healthy bounce.
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July 19, 2013, 09:26:23 PM
 #19

15 minutes ago i sold all crapcoins for 0.15btc, bought 13 xpm at 0.0117

and now is crash below 0.011

just playing not trading, lol
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July 19, 2013, 09:42:26 PM
 #20

price has crashed.

why ?

What website are you looking at?? Price is at .0126 on cryptsy, still higher than it was 24 hours ago (.01195).... not sure how that's a crash.

it was 0.017 today so it is 40% crash.

like bitcoin same day from 260$ to 150$
Seems like some are making it a lot more dramatic than it really needs to be...

It's a brand new coin with a lot of hype (granted, well deserved hype). Crypto trading already consists of a shit load of volatility, even more so for something new like this.

I really don't see the point in worrying about hourly spikes and drops... that's bound to happen. It went down to .002 a few days again didn't take long at all to get back up there. I'm sure it will dip under .01 again at some point, and it will be no reason to freak out... it's going to be awhile before XPM is the least bit stabilized.

Edit: also, .017 to .0126 is not a 40% crash.... try 25.88%. Bitcoin was a 42.30% crash at the price marks you provided.

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THE JOB DONE

 

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