Maurizio
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September 30, 2014, 10:05:39 PM |
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I think at this point it is bad to still have an LTC market on mintpal for PND. What you think, should we contact them to remove the LTC market.
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Maurizio
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September 30, 2014, 10:15:19 PM |
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It would be cool if there was some sort of comic explaining this. I think raiuk is trolling but this issue will probably keep coming up with people who are new to Pandacoin. A short comic could be posted to the frontpage and could be reposted in the thread and elsewhere. Maybe we could even set up a small PND fund to commission somebody to draw this for the PND community.
Still a very good idea I think... Who`is good in drawing comics?
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minairia3
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September 30, 2014, 11:25:13 PM |
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I actually disagree; there's more activity and room to play around in the LTC market. The large multi-BTC walls in the BTC market are kind intimidating. Panda doesn't have 20 or 30 or 100 Panda sells like other coins. You generally have to buy millions of Panda unless you're picking up some residue a bot left behind. I like to buy a whole price point; just a personal thing. You really have to be a player to move the market even a little bit. Also, even if it doesn't make sense, psychologically having a coin running up and down between 500 litoshi and 1000 litoshi is more exiting to watch and be a part of than having a coin that moves a satoshi up and down once a month or so. I think closing the LTC market might drive away lots of smaller buyers who want the "feel" of being investors. It is cool to do a buy in the LTC market and watch Mintpal change the coin price. It means nothing of course and makes no sense in a real financial sense. It just a mental thing on my part. I think at this point it is bad to still have an LTC market on mintpal for PND. What you think, should we contact them to remove the LTC market.
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Melancholy
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Activity: 91
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October 01, 2014, 12:46:25 AM |
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not much LTC buy support and most of the BTC support is from one whale. If PND doesn't get more buy support it WILL fall in price
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mikeroz
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October 01, 2014, 12:46:46 AM |
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It would be cool if there was some sort of comic explaining this. I think raiuk is trolling but this issue will probably keep coming up with people who are new to Pandacoin. A short comic could be posted to the frontpage and could be reposted in the thread and elsewhere. Maybe we could even set up a small PND fund to commission somebody to draw this for the PND community.
Still a very good idea I think... Who`is good in drawing comics? i made this 5 months ago
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mikeroz
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October 01, 2014, 12:51:01 AM |
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not much LTC buy support and most of the BTC support is from one whale. If PND doesn't get more buy support it WILL fall in price
and why would you say that? its a game, we have one big player that changed the rules, we need time to build trust, if anynone wants to dump pls do so and live in regret.
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Melancholy
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October 01, 2014, 12:54:20 AM |
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not much LTC buy support and most of the BTC support is from one whale. If PND doesn't get more buy support it WILL fall in price
and why would you say that? its a game, we have one big player that changed the rules, we need time to build trust, if anynone wants to dump pls do so and live in regret. i'm not sure what you're asking, but i'm saying that because it might not be attractive to investors to see no support other than one whale that could withdraw at any time. I mean i'm grateful for him being here but it's tough to rely on one person
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minairia3
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October 01, 2014, 12:57:15 AM |
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not much LTC buy support and most of the BTC support is from one whale. If PND doesn't get more buy support it WILL fall in price
Agreed and, unfortunately, there probably will be a huge crash in the future. Investors and individuals are sick of being ripped off by the endless stream of shitcoins the scammers are pumping out and day-by-day the money is leaving crypto. However, after the crash the projects that have a real core of integrity will still be there to grow again in a different environment populated by real investors who won't fall for scams, anon coins, ICOs and all the other crap. Bitcoin will be there, Litecoin, Dogecoin and I'm hoping Pandacoin makes it as well. It all depends upon how committed the devs are to sticking things out over a couple of years without an immediate prospect of getting rich. I've brought by Panda and to me that money is just as spent as if I'd gotten a new iPhone or something. It's staking away on an old computer, backed up constantly and hopefully in a few years or so will be worth a lot of money. The days of short term thinking in crypto are over; no-one except a few scammers or whales with inside knowledge will be getting rich off an altcoin for a while. The "Golden Era" was for about two or three months last year before the criminals scented money and swarmed in thusly ruining the party for everyone.
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Maurizio
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October 01, 2014, 01:00:19 AM |
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not much LTC buy support and most of the BTC support is from one whale. If PND doesn't get more buy support it WILL fall in price
and why would you say that? its a game, we have one big player that changed the rules, we need time to build trust, if anynone wants to dump pls do so and live in regret. i'm not sure what you're asking, but i'm saying that because it might not be attractive to investors to see no support other than one whale that could withdraw at any time. I mean i'm grateful for him being here but it's tough to rely on one person I hope that Mintpal V2 and the 3 week zero-fee phase will attract other whales and traders to find the way back to mintpal and help to build a strong buy support with more than one person who can break the whole buysupport down.
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mikeroz
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October 01, 2014, 01:03:23 AM |
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not much LTC buy support and most of the BTC support is from one whale. If PND doesn't get more buy support it WILL fall in price
and why would you say that? its a game, we have one big player that changed the rules, we need time to build trust, if anynone wants to dump pls do so and live in regret. i'm not sure what you're asking, but i'm saying that because it might not be attractive to investors to see no support other than one whale that could withdraw at any time. I mean i'm grateful for him being here but it's tough to rely on one person i see support building up, not sure why youre in such a hurry...
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neverstop
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October 01, 2014, 02:02:44 AM |
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One thing I don't understand with the wallet, my earning interest says 0.00 PND in the My Home tab, but when I look at Interest Gained in the view accounts tab I see 2,438 PND?!?!?! we hit 828 in PoS Difficulty! Keep up the great work guys and stake on!
And yes! It's time for me to setup more miners! 25 Mh/s not cutting it anymore "Earning interest" are coins that are RIGHT THIS VERY MOMENT staking for interest. That difficulty has nothing to do with mining. It has to do with staking. Oh, so its supposed to be 0? Little confusing. I've never seen it move from 0, but I have earned interest, seems like a useless statistic if it only moves from 0 for a quick moment? When it moves from zero it lasts until the interest payment has confirmed, which can take hours, so it's not usually a quick moment. Difficulty is still increasing, we're at 875 now! Does this mean that that the folks who bought are staking? Yes yes I am
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neverstop
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October 01, 2014, 02:10:57 AM |
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not much LTC buy support and most of the BTC support is from one whale. If PND doesn't get more buy support it WILL fall in price
Agreed and, unfortunately, there probably will be a huge crash in the future. Investors and individuals are sick of being ripped off by the endless stream of shitcoins the scammers are pumping out and day-by-day the money is leaving crypto. However, after the crash the projects that have a real core of integrity will still be there to grow again in a different environment populated by real investors who won't fall for scams, anon coins, ICOs and all the other crap. Bitcoin will be there, Litecoin, Dogecoin and I'm hoping Pandacoin makes it as well. It all depends upon how committed the devs are to sticking things out over a couple of years without an immediate prospect of getting rich. I've brought by Panda and to me that money is just as spent as if I'd gotten a new iPhone or something. It's staking away on an old computer, backed up constantly and hopefully in a few years or so will be worth a lot of money. The days of short term thinking in crypto are over; no-one except a few scammers or whales with inside knowledge will be getting rich off an altcoin for a while. The "Golden Era" was for about two or three months last year before the criminals scented money and swarmed in thusly ruining the party for everyone. Well said, and sooo many alt coins offer nothing new. I hate to say it but litecoin and dogecoin are in this category, they offer nothing new other than faster transactions. I say the coins that survive are ones such as Ripple/Stellar and a few others, hopefully panda also because they have some nice ideas with staking,simplicity,paypal to PND without exchangers, etc. I think in the long run bitcoin will die off because of the slow transaction processing, no business wants to wait an hour to see if they actually received the $ from the condoms the customer bought.
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Linux_Mint_Pal
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Pandacoin (PND) development team member
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October 01, 2014, 02:22:38 AM |
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Pandacoin Intergalactic Craft ready for full burn. Commencing diagnostic sequence.
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minairia3
Sr. Member
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Vave.com - Crypto Casino
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October 01, 2014, 03:25:28 AM |
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not much LTC buy support and most of the BTC support is from one whale. If PND doesn't get more buy support it WILL fall in price
Agreed and, unfortunately, there probably will be a huge crash in the future. Investors and individuals are sick of being ripped off by the endless stream of shitcoins the scammers are pumping out and day-by-day the money is leaving crypto. However, after the crash the projects that have a real core of integrity will still be there to grow again in a different environment populated by real investors who won't fall for scams, anon coins, ICOs and all the other crap. Bitcoin will be there, Litecoin, Dogecoin and I'm hoping Pandacoin makes it as well. It all depends upon how committed the devs are to sticking things out over a couple of years without an immediate prospect of getting rich. I've brought by Panda and to me that money is just as spent as if I'd gotten a new iPhone or something. It's staking away on an old computer, backed up constantly and hopefully in a few years or so will be worth a lot of money. The days of short term thinking in crypto are over; no-one except a few scammers or whales with inside knowledge will be getting rich off an altcoin for a while. The "Golden Era" was for about two or three months last year before the criminals scented money and swarmed in thusly ruining the party for everyone. Well said, and sooo many alt coins offer nothing new. I hate to say it but litecoin and dogecoin are in this category, they offer nothing new other than faster transactions. I say the coins that survive are ones such as Ripple/Stellar and a few others, hopefully panda also because they have some nice ideas with staking,simplicity,paypal to PND without exchangers, etc. I think in the long run bitcoin will die off because of the slow transaction processing, no business wants to wait an hour to see if they actually received the $ from the condoms the customer bought. The infrastructure/ecosystem coins (Ripple/Stellar/Syscoin/Viacoin) are interesting but I think doomed. Here's the reason why: imagine making a perfect zoo environment for a creature that breathes ammonia when there are no ammonia breathing animals. This would be an elegant high tech solution for a problem that does not exist. These coins have this cutting edge infrastructure but why would Panda Express open a virtual shop on Viacoin? There's no need; there's no benefit. Some want to open "anon markets". These will be full of child porn, drugs and weapons instantly followed by government shutdown. The new Craigscoin will go that route shortly. Panda's idea of simplicity and reaching out to common people might work although it is a stretch. I like Panda and have the pleasure of at least for now not being a bagholder. At the same time I really can't think of a reason I'd use Panda over fiat for orcinary transactions. if Panda can hold value I think it has a role as a "poor man's Bitcoin" for money transfers and savings in dodgy parts of the world. In the US and Europe it could become the same kind of thing as Bitcoin which to my mind is like company stock you can use as money with difficulty almost as if you could use Yahoo stock directly at Starbucks via a special cash register and a long wait.
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Linux_Mint_Pal
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October 01, 2014, 03:36:30 AM |
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Why is the market cap figure about 25% of the actual market cap...?
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Pandacoin Intergalactic Craft ready for full burn. Commencing diagnostic sequence.
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Normandoyle
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meow
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October 01, 2014, 03:48:50 AM |
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lmfao!!!!You seriously made my night with this. That's one smart panda.
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Normandoyle
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meow
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October 01, 2014, 03:50:01 AM |
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lmfao!!!!You seriously made my night with this. That's one smart panda. I know this wasn't humorous...but I don't think I'm the only one that sees the guy with the Panda head
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ozzke
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October 01, 2014, 05:57:37 AM |
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I know this wasn't humorous...but I don't think I'm the only one that sees the guy with the Panda head Now that you mention it, I see it too
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cadexn
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October 01, 2014, 06:21:09 AM |
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pandaman is a teacher!
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