Read down in the activist sections. There is a lot of work being done by a group of very dedicated folks to try and get PPC recognition out there. If you are interested in helping please volunpeer
Because there’s only 532,133 NVC, compared to 20,962,060 PPC. What you need to look at is the market cap, which is the total price of all the coins combined . NVC’s wealth is spread between fewer coins. Even with such a high price, Novacoin only reaches a $6,434,401 market cap, compared to Peercoin’s $70,197,414.
If you check out coinmarketcap.com, you will notice that this “btc dependence” applies for every other “alt coin” currency except for nextcoin and dogecoin in the top 10 (do I need to comment on these two and the reason for that?). But that’s not a bad thing per se. I assume that there needs to be a widespread acceptance of bitcoin (respectively digital currencies in general) in our society at first, before currencies like peercoin will get the approval they deserve. Peercoin has very strong arguments for being one of the most important (digital) currencies in the future and I am sure it will gain its well-deserved recognition very soon, once digital currencies will be accepted like $ and €.
PPC will play the role as storage of value (like gold)or the “backbone” currency as SK has envisioned it.
BTC choose to compete with Visa/Paypal etc as a means of exchange, which is necessary and fine.
LTC choose to compete with BTC.
As ppc gains more exposure in the market it shall receive more recognized support from the public, and more trading buying and selling will then take place causing the gain of value for this currency.
