[PND]Pandacoin | First Hybrid Wallet | 5000% Faster Blockchain Download | Instant Sync

[cadexn]

Just one more day left. I can't contain my excitement. I must dance

[1715117279]

1715117279

[bdanyo]

Just to add fuel the to fire, I came across an article with some statistics and it got me thinking about current crypto adoption in first world nations. Link to said article - http://cointelegraph.com/news/112311/australias-tax-office-releases-bitcoin-guidelines

Article estimates approximately 40,000 active users of bitcoin from Australia. Let's be generous and factor in another 100,000 'inactive' bitcoin users from Australia shall we? So we have around 140,000 btc users in Australia, but let's round that up to 150,000 figure to make it nice and easy.

Current population of Australia is 22.68 million. So let's factor out 1/3 of the population that are either too young or too old to use cryptocurrencies. This leaves a potential market of 15 million that COULD get into crypto in Australia.

So back of the envelope calculations -

Rough % of bitcoin adoption in Australia = Number of active + inactive users of bitcoin / potential market population that COULD use crypto
                                                           = 150,000/15,000,000
                                                           = 1% approx adoption rate

Morale of the story? PND doesn't need to reach the crypto space. And the PND devs knows that

The above could most probably be modelled for most other first world nations. Now stop and have a think about what's the current adoption rate of ALTERNATIVE CRYPTOS WHICH IS NOT BITCOIN. It's less than bitcoin adoption rate for sure. Is it another 1%? 0.1%? 0.01%?

Have a think about our dev's vision of targeting the masses outside of that approx 1% crypto adoption rate. Every alt coin is fighting within that space. The devs want to escape that ultra small % of current crypto users and reach out to the rest of the other 99%. Even if we are to be generous and give the entire crypto adoption of say 10%, this is still a 10% vs 90% situation.


Have a think about that for a moment will ya my fellow pandas

Can't comment too much on your statistics calculation, but wanted to confirm that besides the estimates of current Bitcoin and alternative currencies adoptions rate, we (Pandacoin (PND) Development team) share a similar view, and would like to focus on developing a platform that makes cryptocurrencies accessible to the mainstream mass market with the right designs, developments and packaging of Pandacoin, specifically designed for said market. There's a much much larger market outside of the current cryptocurrency space that has so far only mostly heard of bitcoin from the news. Pandacoin will be ready for them

Our ultimate aim is to continually bring in new users from across multiple market segments and cultures into the the exciting world of cryptocurrencies. Kind of like what Dogecoin did during the Jamacian Bobsled press coverage which brought in many new users to the world of crypto, except, on a consistent basis and with a much larger scope and reach. We have a strict marketing and development roadmap to follow internally, and we will deliver and push Pandacoin towards our vision - Cryptocurrency for the masses.

It's awesome to see community members of PND sharing our vision and the direction that we wanted to take Pandacoin (PND) forward. Only around a day and half to go until The Pandacoin (PND) Development team will show the community on how we're "Rethinking Cryptocurrency"

[cadexn]

We're gaining more support!

[Winner]

Come by the IRC! lots of tippings going on

x2

There's a bunch of tipping in the IRC!

[Winner]

Passed DigiByte's view count 

[cryptonewstoday]

Passed DigiByte's view count 

Very nice! 1 more day!

[LTListener]

Oh my god one more day until the Mists of Pandacoin update releases! I'm so excited for all the new features!

[thispanda]

We're gaining more support!

I'm liking this! Now's the time to buy

[mtrycz]

This is me (not) going to the office this morning

[Tearz]

52414 is not worth staking is it?

[Bluestreet]

52414 is not worth staking is it?

It might be, don't forget all the coins are already held by everyone. There is no more distribution of PND as everyone already owns the coins that are involved with it. The only way for new folks to get hands on PND would be for you to sell your stakes. Kinda like a bank that holds all the money already. Everyone that holds PND now is like a bank owner as there is no mining component anymore.

[rmd73]

52414 is not worth staking is it?

Every PND is worth staking... until you use it
Just _one_ day... just one day until we see what's in store for us

[rmd73]

52414 is not worth staking is it?

It might be, don't forget all the coins are already held by everyone. There is no more distribution of PND as everyone already owns the coins that are involved with it. The only way for new folks to get hands on PND would be for you to sell your stakes. Kinda like a bank that holds all the money already. Everyone that holds PND now is like a bank owner as there is no mining component anymore.

Well, one can still mine PND through multi.pandapool.info with scrypt ASIC(s) or GPU/CPU on X11 algo. The multipool will mine other coins and sell them for PND, sustaining PND price and making it available to miners.

As I said earlier, every PND is worth staking, even only for network security. A decent interest doesn't hurt either

[dasdasdasdasdasd]

LOL

http://puu.sh/bcvwL/9fbcbd2923.JPG

[dicksausage]

ONE MORE DAY
N
E

M
O
R
E

D
A
Y

[rmd73]

P
N
D

PND

P
N
D

I expect more market manipulation today... I will buy at buy support level(s) and hold...

Let the 30th come and bring the real news and features. Ignore FUD and teasing.

[Tearz]

i also have 26 black coins should i sell them for pnd :O

[ozzke]

i also have 26 black coins should i sell them for pnd :O

That's your own decision, we will not give you trading advise That's the good thing about this community, they are not trying to hype or push the coin to everyone.
Always research in what you invest!

[ozzke]

Rethinking Digital Currency

Bitcoin, the world’s first decentralized digital currency, was launched in 2009. It was the prototype that introduced and demonstrated to the world the potential benefits and usages of a decentralized digital currency. However, digital currencies are still in their infant stages and have yet to see widespread mainstream adoption and usage as a unit of exchange both online and offline. There is a need to rethink the current approach to the design and marketing of digital currencies in order to achieve a global mass appeal.


August 30th

On the 30th of August the Pandacoin (PND) development team will unveil and release the highly anticipated set of major development updates to Pandacoin. The founders, developers, and architects of Pandacoin (PND) endeavor to redefine the current space with this set of major development updates, and be positioned to become the future digital currency of choice for the masses.


Stay Tuned
Pandacoin (PND) Development Team

[VeeMiner]

^ So I was trying to explain to my work colleagues on what I've been so engrossed about lately (Hint: It's PND). Once I got to the topic of buying and mining, and trying to explain to them the current processes of doing it, you can pretty much see their attention die off. They just didn't get it, and kept asking if there's a simpler way to get "free pandacoins with your computer" or "can't I just use my credit card to buy some?"

VeeMiner here doesn't get the the PND Dev's vision, and that's fine. The PND Devs had clearly stated multiple times that they are not trying to appeal to early adopters that run rampard in this forum. Read the above quote, and try to imagine what your so called innovations will impact on the normal technophobe peeps and see if they care.

And just to be clear, and I feel the need to correct you here - from the looks of the things, PND is getting INNOVATIONS THAT MATTER because crypto will never succeed unless it breaks out and is adopted by the majority-

- World's first main wallet that has an internet banking interface AND functionality so normal technophobe peeps can feel familiar with crypto.
- Packaging and design of a coin that is targeted at the normal technophobe peeps, an all-in-one package coin that is easy to use, easy to obtain and easy to understand, positioned to have a GLOBAL MASS APPEAL.

This is innovation that matters. Whilst every other coin is focusing on creating technologies that the normal technophobe peeps don't give a sh*t about, PND is focusing on the important things first - enabling anyone to get into crypto.

These guys are smart, and they are doing it correctly by defining what a crypto SHOULD BE (simple and easy to use), and then most likely are going to pump out the innovations that early adopters care about after. The other alt coin devs are going have to play catch up the moment PND is successful at reaching the masses.

I would like to see you reply and see if you can refute how the formula for success in crypto ISNT the following -

1) Build solid foundation to capture as much market share as possible away from the current crypto early adopters, by targetting the average peeps
2) Once foundation is set, refine AND adopt coin technologies THAT MATTER to ensure coin remains relevant later
3) Profit

I watch the posts here, and am starting to see more from this awesome community starting to GET IT. You, VeeMiner my friend, are not one of them.

My 2 PND The slogan of "Rethinking Digital Currencies" is just on the ball and so right.

Edit: Don't get me started on China

thanks for an interesting answer. You are right that if PND is able to achieve a coin that's simple to use and be adoptable by masses then they have made a great innovation. So we shall see tomorrow what the developers cooked up. You got me interested again. It's true that not only technical improvements are improvements.