|
PayProCoin (OP)
|
 |
August 06, 2014, 11:33:55 AM
Last edit: August 20, 2014, 06:45:20 PM by PayProCoin |
|
THIS THREAD IS NO LONGER VALID
|
|
|
|
|
|
|
|
Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
KeyserSozeMC
|
|
August 06, 2014, 11:43:04 AM |
|
Welcome back.
|
Hey, smexy. Don't waste your time. Time's precious.
|
|
|
PuYang
Sr. Member
 Offline
Activity: 250
Merit: 250
Planning and start, know when to end it and gain.
|
|
August 06, 2014, 11:46:00 AM |
|
Welcome back!
I lost my btc on PRO, now i must get it back.
|
|
|
|
|
shivamchawla
|
|
August 06, 2014, 11:49:08 AM |
|
If bitspender is taking over i am in  |
|
|
|
|
Lvjia
Member
Offline
Activity: 68
Merit: 10
|
|
August 06, 2014, 11:53:20 AM |
|
Welcome back!
I lost my btc on PRO, now i must get it back.
Congratulations ！！Wait and see ！！ |
|
|
|
|
guduke
|
|
August 06, 2014, 12:03:17 PM |
|
The coin has good user base.Takeover is the right choice.  |
|
|
|
scorpio18
Legendary
Offline
Activity: 1680
Merit: 1000
Admin of CoinMiners Pools
|
|
August 06, 2014, 12:07:39 PM |
|
PayProCoin can you pleas read the pm |
|
|
|
pineapples
Legendary
Offline
Activity: 1204
Merit: 1000
to your stations, man the pineapples!!!
|
|
August 06, 2014, 12:18:26 PM |
|
FROM THE OP Transparency and Integrity:
We are fully backed by a registered business in the UK and its CEO, not a faceless and anonymous ticking time bomb. We have nothing
to hide from the community. The team provides reasonable disclosure to enhance credibility and doesn't promise things it can't deliver. is this still true ? |
|
|
|
Shadow56
Newbie
Offline
Activity: 30
Merit: 0
|
|
August 06, 2014, 12:19:28 PM |
|
just bought some coins
|
|
|
|
|
scorpio18
Legendary
Offline
Activity: 1680
Merit: 1000
Admin of CoinMiners Pools
|
|
August 06, 2014, 12:22:04 PM |
|
PayProCoin can you pleas read the pm Pool added  Thanks |
|
|
|
|
suchnekky
|
|
August 06, 2014, 12:34:37 PM |
|
ah looking good!
|
• ⓢⓤⓒⓗⓝⓔⓚⓚⓨ •
|
|
|
Tonylock50
Newbie
Offline
Activity: 18
Merit: 0
|
|
August 06, 2014, 12:36:16 PM |
|
Thanks for the reassurance, so many devs ignore the community. I'm glad you are keeping us up to date. Thanks!
|
|
|
|
|
pineapples
Legendary
Offline
Activity: 1204
Merit: 1000
to your stations, man the pineapples!!!
|
|
August 06, 2014, 12:41:10 PM |
|
FROM THE OP Transparency and Integrity:
We are fully backed by a registered business in the UK and its CEO, not a faceless and anonymous ticking time bomb. We have nothing
to hide from the community. The team provides reasonable disclosure to enhance credibility and doesn't promise things it can't deliver. is this still true ? Looks like i forgot a line. I'm still cleaning out the OP, editing, adding, etc. Just wanted to open the thread already so the PRO users know we are working on it haha. great am looking forward to seeing what happens. |
|
|
|
|
lvdoya
|
|
August 06, 2014, 12:50:59 PM |
|
Whether to need to download the wallet?
|
|
|
|
|
suchnekky
|
|
August 06, 2014, 12:52:34 PM |
|
Seems like bittrex is taking it good so far  of course, it only has a 30k market cap, so its easy x3 profit at the moment. |
• ⓢⓤⓒⓗⓝⓔⓚⓚⓨ •
|
|
|
B_ulldozer
Member
Offline
Activity: 89
Merit: 10
|
|
August 06, 2014, 01:34:07 PM |
|
Seems like bittrex is taking it good so far Hi,dev. Any timeline about the new features or the projects? That will be nice!  |
|
|
|
|
|
notsoshifty
|
|
August 06, 2014, 01:46:59 PM |
|
The two key advantages of PayProCoin were:
- Ability to buy coins in the UK at local retailers via integration with established PayPoint facilities
- Headed up by a UK registered company, including named individual as CEO
If PayPoint integration ever was working, it certainly isn't now. And fairly or unfairly, Darren's name is no longer a plus point. But, at least for a time, these were the main two key advantages of the coin.
With these gone, what does the coin have to distinguish itself from any others? Take out the fancy words in the first post and it basically says it's a Bitcoin clone with some fuzzy plans for payment integration. Payment integration is the Holy Grail; lots of coins promise it, and very few deliver anything useful. You really need to concentrate on nailing down these payment integration details.
How will you achieve the items on the roadmap?
- No details were ever released about the buyback programme, leading people to make wild guesses as to what it is. You obviously don't have the funds to buy everybody's PRO at 2500 sats. Even offering a conditional buyback guarantee for coins originally sold by yourself isn't practical, or if it is can you explain how? Saying you'll offer a buyback programme and not giving details is irresponsible, and the only people who will take you seriously are the gullible and the pump/dump crowd who take advantage of them, and you said you weren't in it for the P+D.
- The old roadmap mentions PayProProjects university project, but this requires significant PRO reserves which you don't have.
- It also mentions PayProGift in early August. Was this anything other than vapourware?
Regarding coin count:
- If initial block reward is 1,000 PRO/block, and block halving is every 20,000 blocks, this should mean a total of 40 million normally mined coins. Add the 40 million non-destroyed premine (ignoring the 40 million destroyed premine) means a total of 80 million coins (with the premine being 50%). Why do you say the total is 600 million?
- You say "Coins in circulation: ~62 million as of August 6th" - but the block explorer says it is closer to 56 million?
This post is not intended as FUD, but rather points for discussion.
|
|
|
|
|
DutchyGn
Newbie
Offline
Activity: 42
Merit: 0
|
|
August 06, 2014, 02:43:45 PM |
|
Welcome back and good luck!
|
|
|
|
|
ctya
Member
Offline
Activity: 297
Merit: 30
|
|
August 06, 2014, 03:52:11 PM |
|
- You say "Coins in circulation: ~62 million as of August 6th" - but the block explorer says it is closer to 56 million?
http://coinmarketcap.com/currencies/payprocoin/The coins in circulation is about 56.6 Million right now. Please correct the OP for this fact. |
|
|
|
|
ctya
Member
Offline
Activity: 297
Merit: 30
|
|
August 06, 2014, 03:55:53 PM |
|
Difficulty retarget is not daily. At least it is not daily retargeting in the current code.
It is every 288 blocks.
While that is daily under ideal conditions of one block every 5 minutes, it does not actually happen daily.
For example, the last few days: PRO has had the same difficulty day after day.
Please correct that in the OP.
|
|
|
|
|
|
