Well the 50 BTC wall was nearly all eaten. Right now we have 30 BTC in bids at 0.00114. Last trade at 0.00122. I think we’re going to continue to see a bear market in alts. PPC was one of the first to experience it so hopefully it will be one of the first to turn around but we’ll have to wait and see. I feel like fair market value per PPC right now should be around $0.10 and right now we’re at $0.15 so if we over correct to $0.08 that would take us back down near 0.00083 BTC as a potential bottom.
OK, a new low for BTC bids that I’ve seen: Total BTC bids: 185.38335102, current price 0.00116. The PoW block reward is up to 439.44 now. USD market cap: $2,712,560. I’m now looking for a USD market cap below $1,500,000.
You are right, bids had recovered only temporary, now they are again in the 180-220 range.
At least I observed the bearish channel is now a bit flatter. When I see this confirmed I will try to draw a TA picture 
There’s a new tool for seeing PPC trades but for some reason the numbers in the chart don’t seem accurate to me compared to what I see on btc-e? http://www.gobitgo.com/charts/?chartID=1049
Another new BTC bid low: Total BTC: 151.19154469, less asks too: 779003.33845226 PPC for sale. Last: 0.00115. Maybe people are shifting to Sunny’s exchange from BTC-E?
Check out my site: http://coinmarketcap.com
I’m working on making longer term graphs for it.[/quote]
gliss I like your site. How do you decide which ones to track though? cryptocoincharts.info has a bunch that you don’t so far though you seem to have most of the main ones. Maybe make a second page for all the ridiculously obscure coins so they don’t annoy people loading the main page.[/quote]
I tracked the ones that were on a exchange with an available API. I see cryptsy has recently added an API, so I will add those other coins shortly.
The number of registered users here is the thing that surprised me out of these. For comparison bitcointalk has 123940 members and the litecoin forum has 4164 members right now. We also briefly touched 0.00092 which is a low that hasn’t been seen in a while.
Today’s stats:
Forum Stats 839 Posts in 89 Topics by 2833 Members.
Market Latest trade Volume Low High
BTC-e 0.00112000 BTC 407,094 PPC 472 BTC 0.00092000 BTC 0.00145000 BTC
Vircurex 0.00115295 BTC 30,552 PPC 36 BTC 0.00112100 BTC 0.00129870 BTC
Cryptsy 0.00106000 BTC 945 PPC 1 BTC 0.00106000 BTC 0.00120000 BTC
Bter 0.00124000 BTC 754 PPC 1 BTC 0.00112000 BTC 0.00124000 BTC
BTC-e Sell orders
Total PPC: 799380.31975989
BTC-e Buy orders
Total BTC: 289.13135198
Blocks Difficulty Reward (PoS) Price (BTC) Market cap (BTC)
51441 271793 437.92 0.00113319 21698
USD cap Price (USD) Total Supply $ % change (24h)
$ 2,576,076 $ 0.13 19,147,905 PPC -6.47 %
BTC price % change (24h)
-0.70 %
Sources:
http://www.ppcointalk.org/index.php
http://www.cryptocoincharts.info/#jump-ppc-btc
https://btc-e.com/exchange/ppc_btc
http://dustcoin.com/mining
Seems that yesterday was a bit of a rollercoaster ride (0.0009-0.0014). Was someone pumpin-and-dumping?
Today things seem to have stabilized a bit again. Price is 0.00115. Bids at BTC-E again a bit higher (300 BTC), but asks too are high (914K).
Give it a week to move up as the BTC diff went up.
I believe PPC has a lot of room to move up. This extreme surge in bitcoin difficulty may ultimately help PPC. The ASICs have been let loose.
Of course PPC is susceptible to this as well, but it looks like the majority of ASIC owners are pointed at BTC right now.
Of course PPC is susceptible to this as well, but it looks like the majority of ASIC owners are pointed at BTC right now.[/quote]
I was going to say PPC is made for ASICs. And ultimately that’s a good thing. When the current rush is over you’ll be able to buy USB ASIC mining sticks from Hong Kong for $5 - much cheaper than a GPU. Any particular trades people are making to take advantage of aberrations around difficulty change times? I’m thinking of something like a dividend capture strategy but not sure if there’s enough of a pattern to be tradable.
We’re over 3000 members here but I think most of them are spambots. Volume appears to be zero on two of the exchanges and 5 PPC on Bter. Looks like Sunny is still testing things out on the ppcoin.org/market right now. There’s a iiping - iiping exchange listed.
Today’s stats:
Forum Stats 854 Posts in 89 Topics by 3093 Members.
Market Latest trade Volume Low High
BTC-e 0.00112000 BTC 189,059 PPC 209 BTC 0.00102000 BTC 0.00122000 BTC
Vircurex 0.00109301 BTC 17,222 PPC 20 BTC 0.00105263 BTC 0.00122200 BTC
Bter 0.00112000 BTC 5 PPC 0 BTC 0.00102000 BTC 0.00129000 BTC
Cryptonit 0.00144000 BTC 0 PPC 0 BTC 0.00000000 BTC 0.00000000 BTC
Cryptsy 0.00106000 BTC 0 PPC 0 BTC 0.00000000 BTC 0.00000000 BTC
BTC-e Sell orders
Total PPC: 909835.08815541
BTC-e Buy orders
Total BTC: 332.99742127
Blocks Difficulty Reward (PoS) Price (BTC) Market cap (BTC) Ratio vs. BTC
51631 285960 432.39 0.00112511 21568 106.20%
USD cap Price (USD) Total Supply $ % change (24h)
$ 2,619,221 $ 0.14 19,170,344 PPC -1.85 %
BTC price % change (24h)
+0.61 %
Thank you for the market report.
I have done a little research about the real PPC inflation rate and really it is the altcoin with the lowest inflation at the moment (except nearly-dead coins like BTE) and only a few % above BTC.
I’ve posted the analysis in the “PPCoin General discussion” section and on Bitcointalk.
The 82 BTC buy wall at 0.00105 has been eaten. We’ve touched 0.00100 a few times today. The 7 day chart on coinmarketcap.com is a very smooth decline in dollar terms. So far $35 has been raised for the logo design project. http://www.gofundme.com/ppcoinlogodesignfund
Today’s stats:
Forum Stats 899 Posts in 94 Topics by 3586 Members.
Market Latest trade Volume Low High
BTC-e 0.00104000 BTC 131,940 PPC 137 BTC 0.00100000 BTC 0.00113000 BTC
Vircurex 0.00102101 BTC 34,773 PPC 35 BTC 0.00083000 BTC 0.00117000 BTC
Cryptsy 0.00125000 BTC 632 PPC 1 BTC 0.00105000 BTC 0.00125000 BTC
Bter 0.00119000 BTC 135 PPC 0 BTC 0.00031000 BTC 0.00119000 BTC
Cryptonit 0.00144000 BTC 0 PPC 0 BTC 0.00000000 BTC 0.00000000 BTC
BTC-e Sell orders
Total PPC: 902543.05686727
BTC-e Buy orders
Total BTC: 202.10563797
Blocks Difficulty Reward (PoS) Price (BTC) Market cap (BTC) Ratio vs. BTC
51968 275279 436.53 0.00105205 20195 104.14%
USD cap Price (USD) Total Supply $ % change (24h)
$ 2,195,110 $ 0.11 19,196,764 PPC -9.49 %
BTC price % change (24h)
-6.02 %
BTC-E trollbox just announcing a PPC pump
But be very careful. I will not increase my PPC position while pump is underway. Will place some bid orders near 0.001 or even lower when the dump happens, perhaps.
The logo design fundraiser is over 10% of the way to its goal now: $85/$800 collected. http://www.gofundme.com/ppcoinlogodesignfund
We were subjected to a minor trollbox pump today taking us from the day low of 0.00097 up to 0.00118 though it appears PPC is still much less susceptible to this kind of manipulation than others like FTC and CNC which experienced on the order of 50% moves today. Bitcoin has had a significant down day so it’s nice to see PPC doing better in USD terms relatively.
Today’s stats:
Forum Stats 911 Posts in 94 Topics by 3759 Members.
Market Latest trade Volume Low High
BTC-e 0.00118000 BTC 382,256 PPC 418 BTC 0.00097000 BTC 0.00119000 BTC
Vircurex 0.00118888 BTC 9,514 PPC 11 BTC 0.00096103 BTC 0.00118888 BTC
Bter 0.00117000 BTC 206 PPC 0 BTC 0.00037000 BTC 0.00117000 BTC
Cryptonit 0.00144000 BTC 0 PPC 0 BTC 0.00000000 BTC 0.00000000 BTC
Cryptsy 0.00125000 BTC 0 PPC 0 BTC 0.00000000 BTC 0.00000000 BTC
BTC-e Sell orders
Total PPC: 839844.01070689
BTC-e Buy orders
Total BTC: 299.60544262
Blocks Difficulty Reward (PoS) Price (BTC) Market cap (BTC) Ratio vs. BTC
52161 286062 432.36 0.00117033 22483 110.42%
USD cap Price (USD) Total Supply $ % change (24h)
$ 2,130,452 $ 0.11 19,211,194 PPC -3.43 %
BTC price % change (24h)
-14.92 %
Pretty crazy day today for cryptocoins in general but at least on the technical side PPC appears to have fared better than FTC which has been 51% attacked, all other miner’s blocks orphaned and the chain replaced. Bitcoin has had some fairly large moves (24 hour range: $88.00 - $110.63). The PPC logo fundraiser is up to $90. A PPC giveaway has been started on bitcointalk and a few new people seem to be coming over here because of it. If these updates are helpful for you feel free to boost my karma over on the left.
Today’s stats:
Forum Stats 938 Posts in 96 Topics by 3957 Members.
Market Latest trade Volume Low High
BTC-e 0.00111000 BTC 333,943 PPC 385 BTC 0.00108000 BTC 0.00125000 BTC
Vircurex 0.00109992 BTC 12,797 PPC 15 BTC 0.00107000 BTC 0.00123999 BTC
Bter 0.00059000 BTC 241 PPC 0 BTC 0.00059000 BTC 0.00118000 BTC
Cryptsy 0.00161000 BTC 40 PPC 0 BTC 0.00125000 BTC 0.00161000 BTC
Cryptonit 0.00144000 BTC 0 PPC 0 BTC 0.00000000 BTC 0.00000000 BTC
BTC-e Sell orders
Total PPC: 909967.2813875
BTC-e Buy orders
Total BTC: 331.76897974
Blocks Difficulty Reward (PoS) Price (BTC) Market cap (BTC) Ratio vs. BTC
52349 295786 428.76 0.00112498 21629 101.79%
USD cap Price (USD) Total Supply $ % change (24h)
$ 2,315,796 $ 0.12 19,226,820 PPC +11.70 %
BTC price % change (24h)
+15.67 %
Nice update!
I am watching the FTC issue closely, although PoS coins like PPC (as I understand it) are way harder to attack.
Anyone have any insight into how well PPC would withstand an attempted 51% attack as things stand today?