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Question: Why invest in PEN
Because it is PEN - 3 (5.1%)
Binary Options using PEN - 14 (23.7%)
Crowfunding project - 2 (3.4%)
Don't invest at all - 30 (50.8%)
Better then XPY (but that is not difficult) - 10 (16.9%)
Total Voters: 59

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Author Topic: [ANN][PEN] - Innovative Binary Options - Trading on Bittrex - already in POS.  (Read 34317 times)
Edkemper
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February 24, 2015, 05:35:11 PM
 #541

What's a good entry point? 2k/3k sat?


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DECENT
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[E]ncrypted & secure
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oosik
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February 24, 2015, 05:57:09 PM
 #542

http://[url=http://imgur.com/rcBGL72][img]https://i.imgur.com/rcBGL72.jpg

https://i.imgur.com/rcBGL72.jpg

http://imgur.com/rcBGL72

Thoughts?  While I'm sure that have a leaking pencil as the logo for a coin called "PEN" inspires confidence in the masses, I thought a change in brand couldn't hurt us that much.

If you like donations welcome:

JRncwLhcC4XSCqthbjVRvQE5Q2DHsZQBUP

Thanks.  
Splatters
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February 24, 2015, 06:01:41 PM
 #543





http://imgur.com/rcBGL72

Thoughts?  While I'm sure that have a leaking pencil as the logo for a coin called "PEN" inspires confidence in the masses, I thought a change in brand couldn't hurt us that much.

If you like donations welcome:

JRncwLhcC4XSCqthbjVRvQE5Q2DHsZQBUP

Thanks.  

Is there an official logo contest or are you going ahead with the work?
Btw, your logo is nice, but a little "dirty".

I know why your pray will never be answered!
oosik
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February 24, 2015, 06:10:27 PM
 #544

No.  There isn't anything official happening.  So, the dev and the community may not want to change anything.  Just something I through together over my lunch break to get a conversation started.   I think that this coin has a lot of potential--but the first thought I had was "Why is the logo a leaky pencil?  That doesn't make much sense for a coin called PEN."
Edkemper
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February 24, 2015, 07:09:22 PM
 #545

was this coin an ICO or not? I'm not understanding, in the ANN post, there's no escrow or ICO investment page, but some of the first comment talk about ICO.
How many BTC people have invested?


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█████████████████████████████
███████████████████████████████████████
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DECENT
FOUNDATION



██
██
██
██
██
██
██
██
██

██
██
██


[D]ecentralized application
[E]liminated third parties
[C]ontent distribution



██
██
██
██
██
██
██
██
██

██
██
██


[E]ncrypted & secure
[N]o borders
[T]imeless reputation



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██
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josephliton
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February 24, 2015, 07:13:18 PM
 #546

Pen- innovative methodology  . Shocked

Splatters
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February 24, 2015, 07:29:31 PM
Last edit: February 24, 2015, 09:01:59 PM by Splatters
 #547


Just for fun

I know why your pray will never be answered!
doeboy1023
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February 25, 2015, 09:57:55 PM
 #548

Any updats Dev? Coin is losing traction fast...
cabbage2014
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February 25, 2015, 10:18:07 PM
 #549

The price is fluctuating up and down, but still its hanging in pretty well.  I would say this however the binary options feature looks really interesting, but it's vital when its released it works properly.  Better delay and get it right, than rush it out the door not working properly. That will tank the price quicker than delays.  Maybe a quick demo video and a few reminders on twitter etc about the coins goals wouldn't do any harm though.

doeboy1023
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February 25, 2015, 10:30:08 PM
 #550

The price is fluctuating up and down, but still its hanging in pretty well.  I would say this however the binary options feature looks really interesting, but it's vital when its released it works properly.  Better delay and get it right, than rush it out the door not working properly. That will tank the price quicker than delays.  Maybe a quick demo video and a few reminders on twitter etc about the coins goals wouldn't do any harm though.

Agreed 100% !!! To anyone from the outside looking in right now, it just looks as if nothing is going on and he even took the info off the ANN about it being an ICO which seems strange to me? Wouldn't you want people to know that there was trust in your coin to invest in it?
cabbage2014
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February 25, 2015, 10:43:10 PM
 #551

The price is fluctuating up and down, but still its hanging in pretty well.  I would say this however the binary options feature looks really interesting, but it's vital when its released it works properly.  Better delay and get it right, than rush it out the door not working properly. That will tank the price quicker than delays.  Maybe a quick demo video and a few reminders on twitter etc about the coins goals wouldn't do any harm though.

Agreed 100% !!! To anyone from the outside looking in right now, it just looks as if nothing is going on and he even took the info off the ANN about it being an ICO which seems strange to me? Wouldn't you want people to know that there was trust in your coin to invest in it?

I agree with your points, it would be better if there was more buzz and chatter.  As for ICO info missing from ANN, doesn't seem that strange to me, it is over after all and buy in price was very reasonable and still holds up well against current Bittrex price although buywall is a lot thinner now(anyone in ICO had good chance to make good profit).

I can't speak for Dev, but I would say the features he is working to setup are complex and time consuming.  He may want to consider taking on someone to look after the promotion side of things to keep PEN fresh in peoples minds.  I really think idea is cool and would stand out against other coins which are mostly just silly memes with copy and paste features thats why I've invested a good deal of BTC in it.

tigerhuynh87
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February 25, 2015, 10:49:44 PM
 #552

I notice  in the passed week the price is fluctuating because there are bots on Bittrix but the good thing is its keeping about the same %. People with coins are not dumping all there coins so the buy wall is not dropping. That mean is the people with coins want to see PEN grow.
cabbage2014
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February 25, 2015, 11:03:39 PM
Last edit: February 25, 2015, 11:37:00 PM by cabbage2014
 #553

I notice  in the passed week the price is fluctuating because there are bots on Bittrix but the good thing is its keeping about the same %. People with coins are not dumping all there coins so the buy wall is not dropping. That mean is the people with coins want to see PEN grow.

I bought a lot around 2000 satoshis yesterday and have kept almost all of it off exchange, community controls the price of any coin once the mine and dump crowd are gone.  Patience is key and let features do the rest when they arrive.

I'm sick of mine and dump coins. Was debating this on a scrypt mining pool the other day.  Guys spending ridiculous amounts of money on hardware mining the crap out of a new coin and dumping it before there is even time to get features off the ground and their impatience often means they will never see ROI.  I like POS coins and I think PEN has real potential.

Sandy79
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February 26, 2015, 06:55:56 AM
 #554

Couldn't agree more with those comments.  This coin has enormous potential

Dev - I know you are busy with the binary options stuff, but would be really great if you could take 2 mins to post here regularly. 

We all need to stimulate discussions around moving forward and not just sit around waiting for the binary options release.  I'd suggest we need to start thinking building the foundations as a community - spreading the word, multipool etc 

fvckbitcoin
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February 26, 2015, 08:56:57 AM
 #555

what's has happened on block explorer ?
it stops :3
cabbage2014
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February 26, 2015, 09:21:21 AM
 #556

what's has happened on block explorer ?
it stops :3

Yep nothing after 25.02.2015 20:33:24 .

fvckbitcoin
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February 26, 2015, 09:51:31 AM
 #557

what's has happened on block explorer ?
it stops :3

Yep nothing after 25.02.2015 20:33:24 .
i sent my coins from bittrex to c-cex and it works
PenCoin (OP)
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February 26, 2015, 10:04:43 AM
 #558

what's has happened on block explorer ?
it stops :3

Yep nothing after 25.02.2015 20:33:24 .

I have to check with the owner of the block explorer, but everything is fine with the coin.
PenCoin (OP)
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February 26, 2015, 10:05:49 AM
 #559

1-2 months
I don't think we'll see that binary option that far

Between 1 and 2 months is a valid time frame.
Splatters
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February 26, 2015, 05:19:10 PM
 #560

What's this dump, from 6BTC volume to 0.8?
And the price! I dunno if it'll better to set low buys or hope to see the price back to 8k

I know why your pray will never be answered!
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