Why Novacoin is more valuable than PPCoin ?

[benishak]

Hi

In BTC-e Novacoin is traded for 0.028 BTC but PPCoin is traded for 0.0015

Why NVC is more valuable than PPC, though NVC is newer than PPC and was considered as a scam for a long time!
when we want to talk about it technically, both coins are the same, they support PoW/PoS except that PPC uses SHA and NVC use Scrypt, it's likely that :
PPC = BTC + PoS/PoW
NVC = LTC + PoS/PoW

it looks normal when NVC more valuable as LTC but i think PPC is better than NVC as it uses SHA which is less power consumer ..

[ImmortAlex]

Take a look to coinmarketcap.com :

PPC:
Market Cap = $ 6,190,207
Price = $ 0.30
Total supply = 20,596,509 PPC

NVC:
Market Cap = $ 1,839,962
Price = $ 4.02
Total supply = 458,113 NVC

Are you still consider NVC is more valuable?
Price of one coin means nothing. One NVC coin cost more just because each generated block emits less coins than in PPC model.

[benishak]

Thanks ImmortAlex for the useful info and link
this makes now more sense

is there any place to trade ppc/usd and ppc/eur ? as in BTC-e there is only PPC/BTC

[pmconrad]

is there any place to trade ppc/usd and ppc/eur ? as in BTC-e there is only PPC/BTC

https://cryptonit.net/exchange/eur/ppc
https://cryptonit.net/exchange/usd/ppc

[3cryo]

it looks normal when NVC more valuable as LTC but i think PPC is better than NVC as it uses SHA which is less power consumer ..

Is SHA really a lower power consumer than scrypt?  I guess per hash it is, but there seems to be a lot more network power going into SHA than scrypt... i.e. Bitcoin.

[Anonylz]

it looks normal when NVC more valuable as LTC but i think PPC is better than NVC as it uses SHA which is less power consumer ..

Is SHA really a lower power consumer than scrypt?  I guess per hash it is, but there seems to be a lot more network power going into SHA than scrypt... i.e. Bitcoin.

No but PoS uses less power then PoW. The only problem for me is that it generates coins based on a interest model. When I got into Bitcoin, I was so happy this coin is generated without interest, but ppc unfortunately does use interest, generating coins if you hold a lot of coins (this is my understanding of PoS) I do not like interest and that's why I do not own any PoS coins like ppc nvc or cgb.