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Author Topic: Why is Peercoin going up in price so much?  (Read 2608 times)
SomethingElse
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September 18, 2014, 06:35:44 AM
 #1

http://www.cryptocoincharts.info/pair/ppc/btc/btc-e/10-days

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ikanunaki
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September 18, 2014, 06:46:06 AM
 #2

 May be.   http://nubits.com/

  and read this...http://www.cryptocoinsnews.com/peercoin-price-surges-after-peershares-developer-announces-release-date-for-secret-project-nubits/

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September 18, 2014, 06:46:26 AM
 #3

Because Nubits will be announced!

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September 18, 2014, 06:48:22 AM
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Looking at the charts they seems to be pumped by some whales, let's see if the value will drop next week.

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September 18, 2014, 04:48:11 PM
 #5

Looking at the charts they seems to be pumped by some whales, let's see if the value will drop next week.

Absolutely will. Until then, still some room up top, just don't miss the dump.

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September 18, 2014, 04:52:54 PM
 #6

Short term - because of Nubits

Long term - because its the father of POS, it's the oldest POS chain,  it has sensible developers who are playing the long game,  not just trying to be the next gimmick pump as all the scamcoins out there are.  

Next to Bitcoin it is by far my favorite coin and has been for a long while already..   I don't think it gets the attention it deserves.




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September 18, 2014, 06:20:30 PM
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Short term - because of Nubits

Long term - because its the father of POS, it's the oldest POS chain,  it has sensible developers who are playing the long game,  not just trying to be the next gimmick pump as all the scamcoins out there are.  

Next to Bitcoin it is by far my favorite coin and has been for a long while already..   I don't think it gets the attention it deserves.





Amen!

Kahir - Scamming dev of Rebirthcoin https://bitcointalk.org/index.php?topic=798159.msg8977686#msg8977686 gets a free happy meal!!
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September 19, 2014, 12:56:02 AM
 #8

yep waiting for nubits too

yolo
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September 19, 2014, 03:03:01 AM
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thanks

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September 19, 2014, 07:39:18 AM
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Short term - because of Nubits

Long term - because its the father of POS, it's the oldest POS chain,  it has sensible developers who are playing the long game,  not just trying to be the next gimmick pump as all the scamcoins out there are.  

Next to Bitcoin it is by far my favorite coin and has been for a long while already..   I don't think it gets the attention it deserves.


Long history, active developers and well tested are factors.
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September 20, 2014, 09:11:53 PM
 #11

Short term - because of Nubits

Long term - because its the father of POS, it's the oldest POS chain,  it has sensible developers who are playing the long game,  not just trying to be the next gimmick pump as all the scamcoins out there are.  

Next to Bitcoin it is by far my favourite coin and has been for a long while already..   I don't think it gets the attention it deserves.


How is it better than NXTcoin? they are both Pos, fairly distributed ICO, yet NXT has a decentralized asset exchange that is turning a major part of the asset exchange volume compared to competitors. https://coinmarketcap.com/assets/

It has tools that are enabling tech like Nxtty chat, a mobile app that allows P2p encrypted chat and encrypted voice calls, plus nxttycoin wallet. Nxttycoin being an asset ontop of nxt.

And to top it off, it has a very similar service as namecoin called an alias system. Which as far as my non developer understanding, it at least just as good.

Even if they've solved the problem of volatility, which is yet to be seen, NXT is till better tech wise. And hey, awesome development, thank you Peercoin devs. But aside from that.

Why are peercoin users not using NXT instead?



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September 20, 2014, 10:42:03 PM
 #12

What is Nubits?
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September 20, 2014, 11:52:37 PM
 #13

Just to lure in the average people...

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September 21, 2014, 02:27:41 AM
 #14

It's because of the  NuBits announcement.
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September 21, 2014, 02:28:29 AM
 #15

I find it ironic that the hashrate went from 390t to roughly 1.3p.. If that chart I saw was accurate. It only took 3 days to get there.. so it looks some miners stopped mining btc and started ppc..too bad you cant merge mine them, like you can with nmc..
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September 21, 2014, 02:29:26 AM
 #16

It's because of the  NuBits announcement.

Will nubits just pertain to ppc? or all digital currencies? looks like they are going for funding when they "open"
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September 21, 2014, 04:27:22 AM
 #17

It's because of the  NuBits announcement.

Will nubits just pertain to ppc? or all digital currencies? looks like they are going for funding when they "open"

As far as what has been confirmed, NuBits will be it's own system that pays shareholders in Peercoin.

So, only Peercoin.

By the way, this article gives a pretty decent little overview of what's going on:

http://www.coinssource.com/nubits-revealed-three-days/
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September 21, 2014, 04:40:57 AM
 #18

Because of nubits which is something that promises to take away the volatility of cryptos... Whatever that means...
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September 21, 2014, 08:02:09 AM
 #19

Short term - because of Nubits

Long term - because its the father of POS, it's the oldest POS chain,  it has sensible developers who are playing the long game,  not just trying to be the next gimmick pump as all the scamcoins out there are.  

Next to Bitcoin it is by far my favourite coin and has been for a long while already..   I don't think it gets the attention it deserves.


How is it better than NXTcoin? they are both Pos, fairly distributed ICO, yet NXT has a decentralized asset exchange that is turning a major part of the asset exchange volume compared to competitors. https://coinmarketcap.com/assets/

It has tools that are enabling tech like Nxtty chat, a mobile app that allows P2p encrypted chat and encrypted voice calls, plus nxttycoin wallet. Nxttycoin being an asset ontop of nxt.

And to top it off, it has a very similar service as namecoin called an alias system. Which as far as my non developer understanding, it at least just as good.

Even if they've solved the problem of volatility, which is yet to be seen, NXT is till better tech wise. And hey, awesome development, thank you Peercoin devs. But aside from that.

Why are peercoin users not using NXT instead?


NXT seems to be a swiss army knife that is designed to do everything, but along with that nothing really well, plus theirs a bit of a distribution stigma.

PeerCoin is designed as a long term, backbone currency, by code and boundary conditions, as well as running requirements.

This is just my view though.

Also Peercoin is the longest runing POS, and first POS. The whole alt coin scene including NXT basically has gone to POS.

The DEV sunnky king is regular, every weeks and update, and a plan, plus he released XPM, now they have sigmike as DEV and have peerunity/peershares, PeerFor Commit and now NuBits, so a dif client as I understand it. Soon cold locked minting is coming out.

NXT dev just disappeared and cut short the IPO.

SunnyKing is playing the really really long game, to the extent that most crypto people don't understand peercoin at all. Most crypto people including BTC's ers dream of Amazon, Ebay etc. They don't get that these are small companies with little money/cash/etc and likely push price down at least in the short term. Retail is crap and exactly were the money is not. Peercoin is aimed squarely at the Banking system, where the money is.

The extent to how crypto's dont get this is that there is no competitor to PeerCoin still, whereas every other crypto has multiple competitors.

I do really like NXT though

Admitted Practicing Lawyer::BTC/Crypto Specialist.
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September 21, 2014, 09:32:13 AM
 #20

Because of nubits which is something that promises to take away the volatility of cryptos... Whatever that means...


Yeah BitSharesX made that same claim but yet each time I look on Coinmarketcap its' capitalization is swinging all over the place.

No way to stop volatility of anything.. yes you can implement stability (like anti-whale measures) but volatility happens everywhere.  Even currencies in developed countries can gain or lose 10 cents USD value within a 10 year period.   Volatility in crypto currencies will only be lessened when you have volume in the tens of billions.


There ain't no Revolution like a NEMolution.  The only solution is Bitcoin's dissolution! NEM!
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