Peercoin has been implemented into ShapeShift Lens, a new plugin that allows you to purchase from any merchant that already accepts Bitcoin. Check out this page and the accompanying video to see how it works…
http://www.shapeshift.io/lens.html
I’ve also heard that we can expect NuBits support by mid-December.
I’ve already tweeted them, but I want to raise awareness here aswell:
Prices are really low on ShapeShift atm.
1.00 PPC = 0.00169047 BTC
This is a good news. The first step to a real integrated cryptocurrency ecosystem.
At the moment only support for Chrome browser, but check out their well documented API: http://shapeshift.io/api.html
With this step and subsequent adoption of this by other exchanges, and eventually full decentralised wallet integration, coin properties as trust and low volatility will become more important for coins focussing on the currency aspect of the blockchain.
NuBits is clearly well positioned for this. Peercoin to a lesser extent due to its volatility, although its security and track record might still have a heavier weight against many other altcoins and Bitcoin. I foresee Bitcoin only be a token of exchange in the short and mid term, the question is what the perceived value of that is reflected in the Bitcoin price during that period. In the long term other more secure tokens might take over.
I think it is good for Peercoin to focus more on the value a secure blockchain can offer outside the currency functionality in the long term. I think SK is working in the right direction with storage and sidechains.
Just my thoughts triggered by this news.
[quote=“willywithcoinnode, post:2, topic:3072”]I’ve already tweeted them, but I want to raise awareness here aswell:
Prices are really low on ShapeShift atm.
1.00 PPC = 0.00169047 BTC[/quote]
Just a quick reminder: The price still isn’t good.
Instant Rate 1.00 PPC = 0.00169047 BTC
while
1 PPC = 0.00208 BTC on BTC-E
I’ve contacted the shapeshifters via twitter and they told me that they would work on it… this work doesn’t seem to be finished yet.
I think the store of value is tightly linked to depth of liquiduty. If youre holding enough coins to tank the market if you begin selling, that affects the store of value. Inflation adjusted value increase (asset appreciation - real world inflinflation) is also a good reason - hence people buy us treasuries: u get some interest and can get out off rhe matket whenever you feel like it. Right now not even btc would qualifyy for big money.
So true. If just a couple million dollars pushes the market by several hundred basis points (100 basis points = 1%), that’s a tiny market in “big money” terms. This can only gradually improve as markets develop.
So true. If just a couple million dollars pushes the market by several hundred basis points (100 basis points = 1%), that’s a tiny market in “big money” terms. This can only gradually improve as markets develop.[/quote]
Not to say, as pointed out by Avalon lead developer ngzhang, 10-20 million dollars will create enough hash power and spporting power plant to take over BTC network.
So true. If just a couple million dollars pushes the market by several hundred basis points (100 basis points = 1%), that’s a tiny market in “big money” terms. This can only gradually improve as markets develop.[/quote]
Not to say, as pointed out by Avalon lead developer ngzhang, 10-20 million dollars will create enough hash power and spporting power plant to take over BTC network.[/quote]
Something to add to my wish list when I win Lotto :omg:
[quote=“seki, post:9, topic:3072”]https://shapeshift.io/about.html
wrong about “PPC miner fee”
they have added Paycoin (XPY) as well![/quote]
…and NuBits. So you can now finally shapeshift NuBits into Peercoins and the other way around.
Shapeshift is currently a member of the 8btc forum
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