PPC is how you do PoS fairly, Sunny King should be applauded, NXT is a scam copy

[lemfuture]

yet the nxt is applauded more by the market-cap

[Sentinelrv]

yet the nxt is applauded more by the market-cap

Lots of coins have passed Peercoin before. We'll see how this plays out long-term. (Several years)

[From Above]

yet the nxt is applauded more by the market-cap

Lots of coins have passed Peercoin before. We'll see how this plays out long-term. (Several years)

no brainer in two years there is no peercoin on coinmarketcap

[AzureEngineer]

I know how to make NXT disappear from coinmarketcap...


"Filter: Non-mineable"

Uh oh, looks like it went 'poof'!

[jabo38]

I love the Peercoin asset exchange its really innovative. strong features all around also

Peercoin is awesome anyway, too bad its almost dead already which sucks. NEED NEW PUBLICITY FOR PPCOIN!

lets get togehter and pump it up

can you give us a link describing the Peercoin asset exchange?

-bm

It is called Peershares
http://peershares.net/general-information/

Peercoin is not a bad coin I'll give you that , but it's anonymous creator/dev really does hinder the coins success.No big time investor will put money in a coin made by a guy called sunny king.

How is that different from Bitcoin's anonymous Satoshi Nakamoto?

That Peershares things looks like vaporware that hopes to someday copy what NXT already has.  Is it not?

[lynn_402]

I know how to make NXT disappear from coinmarketcap...


"Filter: Non-mineable"

Uh oh, looks like it went 'poof'!

I know how to place Nxt at the #1 spot on CMC, where it  belongs: "Filter: minable"

Uh oh, now only the crypto 2.0 coins are listed, Nxt is number 1 

Mining is an obsolete practice that harms the environment.

Indeed, but it's still the most fair way to distribute a coin.

Peercoin solves both the energy and distribution problems, by relying on PoW for distribution the first few years and then PoS for the network's security.

[cherry11800]

Each have their own advantages and common development is the best

[Spoetnik]

I love the Peercoin asset exchange its really innovative. strong features all around also

Peercoin is awesome anyway, too bad its almost dead already which sucks. NEED NEW PUBLICITY FOR PPCOIN!

lets get togehter and pump it up

can you give us a link describing the Peercoin asset exchange?

-bm

It is called Peershares
http://peershares.net/general-information/

Peercoin is not a bad coin I'll give you that , but it's anonymous creator/dev really does hinder the coins success.No big time investor will put money in a coin made by a guy called sunny king.

How is that different from Bitcoin's anonymous Satoshi Nakamoto?

owned lol

[ChuckOne]

I love the Peercoin asset exchange its really innovative. strong features all around also

Peercoin is awesome anyway, too bad its almost dead already which sucks. NEED NEW PUBLICITY FOR PPCOIN!

lets get togehter and pump it up

can you give us a link describing the Peercoin asset exchange?

-bm

It is called Peershares
http://peershares.net/general-information/

Peercoin is not a bad coin I'll give you that , but it's anonymous creator/dev really does hinder the coins success.No big time investor will put money in a coin made by a guy called sunny king.

How is that different from Bitcoin's anonymous Satoshi Nakamoto?

u call peershares asset exchange? LOL  ! what do u take friend?

I want that, too.

[toknormal]

NXT is a poor scam compared to the coin it copied - PPC.

Why buy a scam that was 100% insta-mined?  Is that okay to give money to criminals behind NXT.  They should be imprisoned for fraud.

You can buy the original PPC that had a fair launch and the real innovation.

If you want the real thing - PPC.

I believed in PPC for ages. I agree with you - it's a top coin by a top designer and I thought it had a good chance of overtaking Bitcoin at one point. But the design behind it is all to do with financial system infrastructures. It has a transaction fee and algo which lend itself to very large transactions and so was never designed to support retail level or commercial sector trading. It is basically the "bank transfers" backbone of crypto.

NxT on the other hand is a completely different animal. NXT has succeeded where PPC failed in the sense that it has captured its target market where PPC didn't (it may still do in the future though once crypto gets more established).

NXT has done exactly what it's designer set out to achieve - engender an organic, diverse and highly active commercial sector which has attracted 3rd party vendors not directly associated with the currency. It's not going "back in the bag" now either because it's survived the most intense period of mud being thrown at it and most of the mud throwers are now actually invested.

Although many still criticise it with 'instamine scam' labels, that is actually just a load of b.s. Even the distribution issue is now getting sorted out because the recent process have attracted high volume off-exchange buyers which have split the original holdings many times and these are finding their way into the lower tiers.

One argument that is constantly brought up is that the original holders made "too much money". I'd like to know what "too much" actually means other than as an expression of jealousy. It's noticaeable that such critics never have the balls to come out and state categorically that it's unethical and why it's unethical.

I can tell you why that is - because an "unethical" distribution would amount to taking money for something which has no market value, or who's market value is about to disappear and that isn't what's happened here. In fact the opposite is the case. No investor since it's launch is down on their investment unless you bought within a tiny timeframe during the last few days when the price peaked - and even then you'd only be down about 10%. Critics keep saying that the original holders are going to "crash the market" and leave everyone penniless and it keeps not happening and has less chance of happening with each month that the currency gets traded.

So all this 'scam' stuff is just empty garbage trotted out by the world-improver mining community thinking they're on some kind of ethical crusade but who are in fact clueless about how markets really work. Thankfully, there's only the odd one left now because the rest are all invested  

[Skinnkavaj]

Peercoin is not a bad coin I'll give you that , but it's anonymous creator/dev really does hinder the coins success.No big time investor will put money in a coin made by a guy called sunny king.

Yeah just like the anonymous founder of Bitcoin prevented Bitcoin from succeeding. 

[Joe_Bauers]

Peercoin is not a bad coin I'll give you that , but it's anonymous creator/dev really does hinder the coins success.No big time investor will put money in a coin made by a guy called sunny king.

Yeah just like the anonymous founder of Bitcoin prevented Bitcoin from succeeding. 

I was going to reply to El Dude with something much less diplomatic.... but yes ^^^ this instead. I have no opinion on NXT, and am instead here
just to agree in applauding Sunny King who is as skilled as ANY of the BTC core devs. I'm sure they would agree.

[lynn_402]

just to agree in applauding Sunny King who is as skilled as ANY of the BTC core devs. I'm sure they would agree.

Yeah, to have made two vastly different and innovative coins like Peercoin and Primecoin, while there were basically no other alts. And to continue actively developping them even today.

That's quite awesome.

[macdadon34]

Peercoin is not a bad coin I'll give you that , but it's anonymous creator/dev really does hinder the coins success.No big time investor will put money in a coin made by a guy called sunny king.

Yeah just like the anonymous founder of Bitcoin prevented Bitcoin from succeeding.  

Thanks. I needed that laugh. "Nobody is going to invest in a guy called sunny king."  So off base. Would it be better if his name was Brock Landers or Chest Rockwell?

[From Above]

Peercoin is not a bad coin I'll give you that , but it's anonymous creator/dev really does hinder the coins success.No big time investor will put money in a coin made by a guy called sunny king.

Yeah just like the anonymous founder of Bitcoin prevented Bitcoin from succeeding. 

Thanks. I needed that laugh. "Nobody is going to invest in a guy called sunny king."  So off base. Would it be better it his name was Brock Landers or Chest Rockwell?

sunny king the name is the only thing that attracted me to peercoin before i realised its a sunken ship

[maka]

Although many still criticise it with 'instamine scam' labels, that is actually just a load of b.s. Even the distribution issue is now getting sorted out because the recent process have attracted high volume off-exchange buyers which have split the original holdings many times and these are finding their way into the lower tiers.

One argument that is constantly brought up is that the original holders made "too much money". I'd like to know what "too much" actually means other than as an expression of jealousy. It's noticaeable that such critics never have the balls to come out and state categorically that it's unethical and why it's unethical.

I can tell you why that is - because an "unethical" distribution would amount to taking money for something which has no market value, or who's market value is about to disappear and that isn't what's happened here. In fact the opposite is the case. No investor since it's launch is down on their investment unless you bought within a tiny timeframe during the last few days when the price peaked - and even then you'd only be down about 10%. Critics keep saying that the original holders are going to "crash the market" and leave everyone penniless and it keeps not happening and has less chance of happening with each month that the currency gets traded.

So all this 'scam' stuff is just empty garbage trotted out by the world-improver mining community thinking they're on some kind of ethical crusade but who are in fact clueless about how markets really work. Thankfully, there's only the odd one left now because the rest are all invested  

Well you have your point but I see jealousy as a legitimate human emotion which was evolved for a reason:-)  Why do you think people here generally do not approve any coin with some percentage of premine.  Plus I do think the initial IPO period was not transparent enough.  You will never be sure what was really happening back then.  It was a centralized behavior which was against the philosophy of cryptocurrency.

And how can you be so sure the bag holders will not cash their coins?  Ripple existed for a long time and just recently one guy dumping caused a major devaluation.  Nxt is very young.  It is just too soon to assume nothing similar will happen.  And you probably will never be sure.

[Daedelus]

Plus I do think the initial IPO period was not transparent enough. You will never be sure what was really happening back then. It was a centralized behavior which was against the philosophy of cryptocurrency.

I am interested to hear what you think happened back then to make you say this.

[peacefulmind]

Sunny King is one smart man - PPC first prrof of stake.  Primecoin - first science coin.

He is like Satoshi.

NXT is more like the mafias.  Fraud and shakedown.  No innovation, just copying Sunny King.

[El Dude]

Peercoin is not a bad coin I'll give you that , but it's anonymous creator/dev really does hinder the coins success.No big time investor will put money in a coin made by a guy called sunny king.

Yeah just like the anonymous founder of Bitcoin prevented Bitcoin from succeeding.  

What happens to peercoin if sunny king gets hit by a bus? The btc and ltc devs have more then a 1 man team, I also don't trust that slimeball since he took the bribe from bushstar and fixed feathercoin.I rather buy dogecoin then ppc.

Peercoin is not a bad coin I'll give you that , but it's anonymous creator/dev really does hinder the coins success.No big time investor will put money in a coin made by a guy called sunny king.

This was posted in our subreddit as a response to your post...

"Saw this: https://bitcointalk.org/index.php?topic=651311.msg7297004#msg7297004

Made me laugh and had to share. I have six figures invested in Peercoin BECAUSE Sunny King is smart enough to be anonymous, smart enough to rise above the noise and fray of crypto's incessant bickering, smart enough to think long-term, clearly understands economics, is vastly intelligent, is invested in continually guiding Peercoin, is polite and considerate, is logical, is friendly, contains mature values and philosophical ideals I share, is cool and calm, is fascinating to watch... because he's exactly what I want in a dev and attracts intellectual capital that keeps elevating this crypto over the months and years.

My six figures are quite happy to be here thank you. Because of Sunny King."

I can guarantee you there's a lot of big money in Peercoin for exactly these reasons. Sunny King is a long-term crypto visionary and very careful about the decisions he makes. Besides Peercoin's design, Sunny is the main reason why I've been 100% in PPC for over a year now. Our community contains a lot of smart people and intellectuals, most likely drawn in by him. It may be one of the reasons we suffer in the area of marketing. We have many things in development though, Peercoin, Peer4commit, Peershares, Nubits, etc... I'm confident in our future.

You and the 3 other people on /r/peercoin are laughing at me WOW like I care.

[lynn_402]

What happens to peercoin if sunny king gets hit by a bus? The btc and ltc devs have more then a 1 man team, I also don't trust that slimeball since he took the bribe from bushstar and fixed feathercoin.I rather buy dogecoin then ppc.

How is the fact that he contributed to feathercoin a problem? He's an independant developper not contractually tied to Peercoin, and I think it's quite honourable that he contributed to another crypto and didn't partake in the petty wars between coins.