that press play tho @saeveritt

hard to be a god

My indicator just threw some green plus signs -- signaling a new trend forming.

current state: up around 20% https://www.tradingview.com/x/hMSQZAhd/(edited)

Looking Good

ppc on a real nice ascending trendline the past 18 days https://www.tradingview.com/x/Gsw7jREp/

ppc/btc at the apex of this beautiful symmetrical triangle. I've got a feeling it's going to be a good year for ppc. https://www.tradingview.com/x/rvuWSSba/

and still holding strong to that ascending trendline for 45 days straight now

on the 1 day candles PPC/BTC is forming a massive symmetrical triangle. Being that we're reaching higher lows I feel like it has a high chance of breaking upwards

Hows everybody holding up in the market?(edited)

Still being respectful of the fib levels

moving into a proper uptrend slowly

Bart formation?

Consolidation

you gotta be rly delusional to see consolidation

you don't see all the moving averages converging?

Yea it's not a consolidation, but ppc is stronger than any other coin. But it cant help to not get dumped

??

ppc @ 1.40

thanks dad

np

Next thing will be when PPC will be added to cereals

It would be nice to be added as a new lucky charm.

Silly newbie, PPC is for chads

perfect slogan

Lul

Well PPC isnt on binance

yes is deleted

idk why

@pistdov You were just banned from Siacoin Discord for attempting this same scam. Hope the mods here delete you quickly

@pistdov If you follow your same methods, your response to me will be vulgar.

Will do @HappyIguana thanks

Been afk so I haven't been able to watch as much without service

Does PPC have anything to do with XPM?

Founder

Thanks

new to peercoin....i read somewhere about upcoming fork?

In reference to what fork?

Such fork I guess

Upcoming merge fork of bitcoin and ppc

Oh this is still occuring

Im not participating until they fix the issue with coin age where I would lose mine to recieve an airdrop

You would lose the PPC if you participated in the fork? outrageous

You would lose your coinage for the staking processs

coin-age = how eligable your coins are for staking

ah!

I'm not super familiar with PPC's staking process

is that similar to weight?

2nd paragraph

time is the resource you stake in the process

you need to hold the coins in one place to accumulate time

I see, really interesting concept

I like that a lot better than the staking model where weight builds up as you're NOT staking

then you just open the wallet for a couple days and get your rewards

where did you see that?

let's see, I've seen that model on MMOcoin and reddcoin are two that I know about

coin age multiplies the weight as it sits in the wallet, coin age resets once you receive staking rewards, so there's no incentive to leave the wallet always staking

that's a weird model, probably inherited from Novacoin

there are no inscentives to leave the wallet staking 0-24 with peercoin either

heard about it, but dont have a clue what it does

Is everyone expecting PPC to start making a recovery around here? Or are we heading for a lower low on the daily chart

Nearly wicked up to 20k sats couple hours ago

Waiting on WEX still

Did wex list ppc without permission?

@babagoose PPC is such an old coin it's like listing BTC

@babagoose in the past nobody would ask you about listing, it was more natural than today. Wex listed Ppc in 2013(edited)

coinmarketcap reports $914,182 USD volume on Peercoin today

nice

Cause people actually care more about coins, then stupid p'n'd (apart from that btc-e/wex were perpetuating their p'n'ds frequently)

we need more people on RUDEX, c'mon

!exchanges

Peercoin is traded on the following exchanges: CoinEgg HitBTC TradeByTrade Bittrex Bitsane Poloniex Livecoin The Rock Trading Cryptopia LiteBit.eu YoBit BX Thailand BittyLicious SouthXchange Tux Exchange For update to date lists, check here: https://coinpaprika.com/coin/ppc-peercoin/#!exchanges https://coinmarketcap.com/currencies/peercoin/#markets

Anybody do actual trading on here?

Decent trades lining up

did well on brazilian stocks today

Never even considered Brazilian stocks, but that makes sense with Bolsonaro

PBR (oil) +10% today and AZUL (transport) +16% today

Having a hard time wanting to trade anything but crypto since normie stocks in the US have trading rate limits and you can only trade twice a day max per week or something stupid.

Anything interesting chart wise to watch?

you can watch the death of AMZN bubble

I said something a couple weeks ago when it had the bear div on the weekly. Whales exited in April

Atleast the last major visible sum

Volume never returned

https://www.tradingview.com/x/i25tJReA/ Wont be long on BTC anyway

Volitility is almost fat 0(edited)

Can you explain this indicator @captainbuckkets

What about it

First off what is it called?

2nd what does the yellow and blue grid/mesh represent?

Fishnets for now. This is in-house indicator work. For simplicity's sake, each color represents a variety of beliefs about price. Blue is longer term belief, while yellow is shorter term. When they converge, explosive price action occurs since buyers and sellers cannot be in equilibrium about price belief for many reasons (information access, valuation, etc). Gives easy turning points and information about trend strength. On these, bitcoin is just floored as shit(edited)

Its going sideways and the nets are starting to unfurl albeit slowly(edited)

Yeah it's at floor and big money is almost finished buying

Yay normies pump my bags

Thanks very interesting stuff. I assume you don't want to type out the non simplistic version. So if the indicator ever "leaves house" please let me know wouldn't mind paying to test it out

Eventually™. Been in development for a long time now

Well I'm officially on the waiting list

What indicators do you trade with now? @Delvin(edited)

I mostly just use EMA's 50, 100, 200 and fib retracements/extentions(edited)

I usually have macd histogram Stoch RSI and RSI open on long time frame charts

icky

As long as its +1D its fine I guess

yep zooming in kills portfolio

RSI/Stoch not meant for <1D

oh ok, I don't use them

not familar with theory

I'll make it simple. RSI has a one bar lag to price, Stoch has 2 bar and is a derivative of RSI. Too slow and stupid to use effectively

Yeah they aren't really something I use extensively I just find they help me identify the trend direction continuation in conjunction with my main indicators

Episode 2 is out

SELLING PEERCOIN FOR 8000 SATS INTERESTED PEOPLE CAN CONTACT ME

escrow?

So time for Bitcoin to fly or?

nop

peercoin 15$?

Hey folks, looking for an OTC trade on peercoin, Id like to buy 6000 PPC for 1.4 BTC, first come first serve i guess

so what about the price ?

so low...

has some PPC portfolio so I can download and from POSE to work, WHERE I CAN DOWNLOAD, YOU PASS ME THE LINK.

@gilson belau what?

Xd

https://talk.peercoin.net/t/wall-observer-updated-new-ppc-price-speculation-thread/8965 New Wall thread is up(edited)

Robert test

test

Robert there you go

Buckkets Awesome!

Worth a read

Temporary crash? $0.52 at Bittrex and others. BTC up. Did I miss something or just some whales moving?

Elemecro Hi guys

Probably just a wick. Thin books

I did say .52 bottom though. Hits the .786

yea, order books are really thin for PPC now.

ppc ded

first bear season?

We ded again :D

ded as deded we can be

Donate your ppc then lol

Blanko /p ppc

Blanko /p btc

Peercoin's dead again guys! Wooh! Many of you know what this means.. because we've been here before.. (even though your emotions may be telling you differently).(edited)

so what if you already sold your house to go all in?

or what do you mean

Deded

bitfinex glitch?

finex

bitstamp

just lagging behind

17% up last 24h, not bad Peercoin

is this the bottom?

I hope not. Still waiting for my tax refund money.

Looks like it is, perhaps a few whales who like to dig a bit, but won't last long. They will loose the battle in the upcoming tide

They have picked up with the recent rally of crypto, still the price hasnt moved much

I buy coins every 2nd week

Bitcoin transactions are expensive so I purchase bitcoin twice then transfer to bittrex

DIgging whales are now losing, up is the only way, over $0.50 again(edited)

Choo choo

Pretty easy bottom to call

Until Bitcoin bottoms out Peercoin aint seen the bottom, still 50 odd cents is pretty cheap

btc bottomed out yesterday

bhldev BTC not at the bottom, log function chart goes all the way to 1.2k... if it is bottom it is unusual

IF you guys want to see something interesting, type in "Proof of stake" into google trends and look at the activity around the late 2017/early 2018 bubble of everything

OBviously around the time where Peercoin reached nearly $10 a piece but everything else went ballistic, hopefully peercoin really catches on when people start searching for proof of stake again

bhldev Question is how many of you will cash out when it goes to 10 again lol

bhldev Cash out depending on personal circumstances otherwise hodl forever

I aint selling out for $10 lol, I am pissed that peercoin couldnt at least match litecoin in the last couple of years,

Litecoin was the same thing different colour, still proof of work but different algo and fixed supply.

Peercoin really is a different and more sustainable form of currency,

bhldev You should if it will change your life... New TV or new car maybe new house or new business maybe yes

1% inflation is always going to be lower than fiat money creation so no problem their

bhldev Reserve banks in Western countries trying to induce inflation for years and can't do it, if you got a magic wand go tell them lol

bhldev The best they can do is give money to banks, they don't have the power to print money like some dictatorship for themselves

For me $10 would be a house deposit on an overpriced asset

I just discovered that Peercoin inflation twitter feed! Interesting

So the idea of more inflation/higher reward with less difficultly? Its an interesting concept for sure

$1.2K?

you say it backwards

the inflation goes down/lower reward with higher difficulty

because it is going up , not down

I might need to wrap around it a bit more, I suppose theirs alot more hashing power than a year ago in the bitcoin network

Im looking at dollar figures and associating that with lower difficultly

I scrolled back to last year and their were moments looking at the peercoin inflation twitter feed, saying peercoins annual inflation as low as 1.2% often around 1.5%,

Now its at 2.4% inflation with peercoin prices at 50cents basically lows not seen for nearly 2 years

To me looking at prices and inflation, is inflation higher(higher reward) because theirs less difficulty which implies less fiat reward by mining peercoin?

If peercoin booms again to like even $2 or $3, the inflation will go down into the low 1s again?

I know its not a straight forward question, its sha-256 and so is bitcoin, so the price of bitcoin and the mining hardware will chase wherever the returns are

did you look at the difficulty chart

it was a lot higher

november 2018

but overall it is upward trend

the question is if you have cheap or free electricity

than you can use old hardware and still mine

Question is why people say we are dead as miners silently turn on their miners

No matter

Time will tell

Again

investors always say the opposite of what they do

they say dead coin when they are buying it

One simple question........ Looking at that Peercoin Gigahash(G?) chart, can I look at that number and the corresponding mining reward inflation?

yes, i used to look at mintr charts, but they are offline until further notice, let me find a chart

Im assuming is that all we need is double the hash power and peercoin goes to low 1s in inflation?

I don’t follow

Really, pow blocks are like 1/9 of blocks verified

we're at 2.4G, spikes as high as 4.5G

Most blocks are pos verified

But distribution comes from pow primarily

i cant find a good chart now sorry

but yes, the proof of work reward is tied to the proof of work difficulty

yeah but for every 4x it halves dist

Mmmhm

difficulty == (9999 / (mint per block)) ** 4

Think it was July 2015 when Peercoin spiked to about $1 and was temporarily the number 4 Crypto, that was pleasing to see but seems like a distant memory now,

Looking at that Peercoin difficulty chart, back then it spiked to 450, now its about 5 times higher, but half the price in dollar terms,

you can still see historical snapshots on coinmarketcap

well, the difficulty is higher because the advancement in tech, we are like 5th generation asics now or something

It would be interesting to compare the inflation back then to now, I presume its lower now because of the much higher hash ragte

meaning, higher hashrate is cheaper

It is

Yes exactly, Mining machines wouldnt generally get scrapped I hope?

Not to shill my own writing but related

sometimes, accidents happen

i wouldn't want to be in mining business it is race to the bottom

Mmhm

they cannot stop, some said

moar moar moar

Always Pareto

Good read Buckkkets

When Bitcoin had its first bubble that I followed from $40-$1,200 and started researching alt coin, I felt that Peercoin had the right balance

I cant believe that so much focus is put on fixed supply, seems like the most childish to give a digital asset

Proof of stake was and has turned out to be the future

If I become a peercoin whale and feel the price is right, I can sell off my staked coins and still have my original number of tokens, with Bitcoin if you spend it you cant earn it back

You don’t earn much of anything back

Minting is to maintain your position relative to the supply as it inflates

third address in the top 100 just stopped minting in 2015

wonder what happened

those coins are probably lost

Something Ive always wondered, if we have close enough to 1% inflation because of high mining difficulty, if only half the token holders are staking, does that mean the inflation rate is more like 0.5% or do the stakers get double the reward?

yes

there is also tx fee burning to counter the inflation

@dirkmirk see rfc0011

Working on it

Re fee burning, this is quite fascinating. Technically PPC can have deflation when the number of transactions goes really crazy and the mining difficulty stays high. Anyone thought about this scenario before? It would probably skyrocket PPC as the coin would become scarce. Dreaming mode off

the fixed fee is is pressure in the other direction that would keep it from really happening though.. ie: theoretically if ppc was $1k fee would be $10 tx

Good point, beauty of the algorithm, but a $1 fee might be acceptable for the right application.

Peerchemist fee economics are changing with v0.7

Peerchemist have that in mind

Blanko /p ppc

Blanko /btc

Blanko /p btc

Blanko /p ada

@peerchemist forgot about that.. so fees per kb stay the same but min fee drops, didn't realize it was so soon thought it was off in the distance for some reason

welp bring on the tx's

Peerchemist I dont think number of txns and burning of fee have any economic impact on the Peercoin

Peerchemist min fee stays the same (for now), at 0.01

Peerchemist it's just fine grained over that, ie no more rounding

johnny are people realizing the importance of PoS over PoW more and more? Ethereum will function more as a PoS has time goes on. is this a way of longetvity ?

not for long

o_O

told ya

Hit my target. Will see if it holds

Nope LOL!

$50 a realistic price for PPC in the next fews during a BUBBLE?

market cap would be around 1.3 Billion, I think it could happen if Bitcoin is hitting around $50-$100K, my personal opinion is that Bitcoin wont hit $100K in the next bubble,

Hit my target. Will see if it holds Target was 7700-7800

Target for what?

or what currency?

BTC

ugh

shitcoins gonna shitcoin

top kek

I dont think you should call it a shitcoin, as it's not a coin

o no

XRP is an enigma, its the epitome of digital fiat,

hm, to be fiat it would have to be printed by a central authorithy?

it's not printed (anymore), right?

I dont know, I actually dont know much about XRP, I thought it was created with the stroke of a keyboard and tokens sold off by a central authority.

sure it was, but that kind of behaviour is now normalized between "investors" and traders alike

ever since the ICO bubble

it kind of is printed.. i mean yeah sure it has a hard cap.. but it is controlled release.. basically the same as printing

they just did all the printing all at once

at any rate its pure junk and i think we all agree on that one

Peerchemist I don't think it's relevant for the debate really

Peerchemist Sure exchanges love it as it's the first crypto to utilize the market maker and their mm is still best in the business

Peerchemist That's all it is, it might as well be sql entry

Peerchemist It's not like market in its present condition can understand what is what

idk what cripple is even anymore(edited)

I just know some shills told me that "14 banks in east asia are gonna use it and make it go to $5.13"(edited)

might as well be a SQL record is right

its really nothing more

Peerchemist But really all of crypto can be the same at this point

jzr in 2013 ppc got to 0.009 or 0.01 btc

mmhm

Peerchemist https://xrpcommunity.blog/the-arbitrage-bot-and-other-fairy-tales/

Peerchemist https://www.cnbc.com/2019/03/18/cboe-to-stop-listing-bitcoin-futures-as-interest-in-crypto-trading-cools.html

Bitcoin is slowly edging up, anyone have thoughts of where Bitcoin is going? I think if the stocks market crash its bad for crypto, if the bullrun continues then its good for crypto

I think if Bitcoin goes back into the 2s its a pretty good buy,

I doubt it would go below 2, my reasoning, when the last block halving happened in July 2016, the price of Bitcoin slowly gained to $670 or so, looking at the selling pressure of mined coins at 3,600 per day before the halving, thats about 2.4 million per day to soak up the supply, at $3,000 when the next block halving occurs with 900 coins per day, thats 2.7 million in new money to keep the price level with supply, I know Im talking about the tailend and the begining of a new block halving but its interesting to me none the less, The interest in Bitcoin today is nothing like it was in mid 2016

Even a flash crash below $3,500 could be a screaming buy, hard to tell where this market is going, longer term it has to be higher than it is now, only reason im talking about Bitcoin is obviously it moves the whole market peercoin included, in theory the hashrate should go up for peercoin id imagine and the supply drops towards 1% again?

Halvening has little to do with artificial supply and demand

It has everything to do with supply for miners

wanting revenue, its impossible to tell how traders and hodlrs are going to react,

Why the stock markets are important, if people need quick easy money, crypto is one of those things

people loosing their jobs in recessions etc

When people are feeling good, asset rich, have a job, thats when its bullish for crypto

Sure. Traders not so much. Hash must just then increase

i think with previous halvenings the price went up signif

They are training you to think associate that

we'll see in 1 year and 2 months

I was wrong about the 2016 block halving, I presumed that Bitcoin would slump back down after the halving, i.e the leadup to $700 was all hype around the supply dropping but it went on a parabolic bullrun, I think the supply has alot to do with the price at the moment, I think once the supply is dropping to like 225/122 the block halvings are going to become less relevant to hype, at the moment going from 1,800-900 is a big chunk of supply

I wont be so bullish in the future,

well it is more about the cost of mining

cost of mining 1 btc will double

How is that logical?

If the price of bitcoin goes down, so does the cost of mining a bitcoin

i mean when halving

the revenue drops

Correct, if the price remains stable,

that coins can be sold for

I dont know about you, I put X amount of dollars per week into crypto, thats not going to change when the block halving occurs,

difficulty might drop a bit when some miners turn off their operation because it is not profitable anymore

In that thoery, price could easily double, depends of what traders and hodlrs are doing for the most part but miners need income

so you can buy less coins for the same amount

price should go up?

yes

Yeah,

I was going off basic maths, coin supply times price equals X million per day, if X million per day remains constant then coin price should go up

with the block halvening

All that is irrelevant if the stock markets crash and we go into another depression/gfc, I dont think people will hold their crypto as its never been tested as a store of value,

If the world economy is strong their is no need to sell crypto your probably accumumlating

Thats why im torn whether to go in big or just keep putting a modest amount in every week, 12-18 months if things remain stable I could make a killing, we enter another gfc I'll see that money evaporate

dont put in what you cant afford to lose

I dont even know the meaning of the word lol!

As you as have a comfortable life, is that it means? I see it as a potential setback, not sure what cant afford to loose means

Sell your house? Car? As long as I have a job I dont see the problem

I wonder if theirs a way we can get someone like Mike Maloney and get him interested in Peercoin...

A Gold bull who's into crypto, Peter Schiff doesn't like it but gold is inflationary like Peercoin both increase at a very similar rate, I think they'd both agree as long as your gold is being extracted at a rate less than fiat creation your onto a winner, which is why Peercoin had the right model IMO

Also thinking about gold that's often bought up in discussion, is the history of gold, crypto being only 10 years old and what's the closest thing to gold in the crypto world? Bitcoin might be called digital gold but is not designed like gold, Peercoin has the history on it's and the right level of inflation to be useful

@dirkmirk Have you seen this before? https://university.peercoin.net/#/a-true-digital-replacement-for-gold

@dirkmirk Schiff holds too much gold to consider anything else. Will never be interested in a competitor

Hi Sentinelrv, I have read parts of that document that's probably where I got some of my ideas

I think schiffs biggest problem is that he doubled and tripled down on his hatred for crypto

The good thing about Peercoin, it was created to be a digital store of value like Bitcoin or litecoin, before it's time buts it's not a competitor to Ethereum or Tron or Cardano etc

It's also part of Schiff's business right? He sells precious metals from what I understand.(edited)

I actually got a picture one time of me with him and Rand Paul. It was at a fundraiser for Ron Paul 2012 early in the campaign.

I found it.

Yes he’s a gold bug(edited)

People shill proportionally to what they hold

were you in crypto by then sent?

cool pic that guy has a less than zero chance of being president one day

oh for the 2012 campaign that means it was probably like 2011 ya probably not in crypto

No, I didn't get involved until early 2013. I found out about crypto through the Ron Paul forum I visited though.(edited)

Lmfao @teek fully agree although it makes me sad

doesnt make me as sad as some of the other possibilities..

oh sorry i said less than zero i meant more than zero

lmao

altho less than zero is much funnier

I think he has zero chance while the deep state establishment is still a threat, as he doesn't have the type of personality to break through. Trump was more of a fighter and was able to break through where Rand could not. If Trump is able to take out the deep state and prosecute them all, maybe there is a better chance for someone like Rand, but it's difficult to know.

id agree thats why its may as well be zero in a way ..

but in a way not

hes getting way more popular among the non-rinos

That seemed to be the case for most of the last year, but they got pissed when he voted against the wall.

or rather the national emergency.

i didnt follow that too closely but it does seem like something a guy like that wouldn't automatically support .. its controversial.. i agree with the wall.. not 100% on board with national emergency strategy

however gotta do what you gotta do i get that

Republicans are on the way out. The young kids are shifting libertarian to communism rather than trad lib and conservative

Everything is getting more extreme in the schools

the swamp repubs and rinos are on the way out.. MAGA isnt actually republician

id agree with you

the scary part is the commie kids

its real

I think the problem is that many Republicans are actually just Democrats in disguise (the RINOS). Trump is transforming the party. They now hate people like Paul Ryan, John McCain and Mitt Romney and they support more MAGA candidates like Trump.

yeah but i dont think it can actually be transformed

its like its own thing

(maga)

They are resisting yes, but we'll see how long that lasts.

I'm starting to think the new AG William Barr might be the real deal. I'm looking forward to the indictments.

waiting for those indictments for what 3 years soon.. lmao

Yeah, it seems many are impatient. I've been trying to figure out what is going on. Jeff Sessions was either clueless or compromised, not sure which one yet. Trump has been giving these little hints in his tweets like something is coming though. Like he'll point to some new info and say more to come, or asks will justice finally be served? It's like he already knows and is toying with them. I'm starting to think he strategized for this all to occur during the election season to throw them off message and do as much damage as possible. I guess we'll find out soon.

Peerchemist https://twitter.com/jchervinsky/status/1109073058055241728?s=21

@dirkmirk ive been thinking about the peercoin/gold comparison, and i thought maybe it should be possible to get an very high reward every once in a while, like a lottery, because sometimes with gold people find a big chunk at once, but very rarily . Maybe the PoW blocks could be seen like this

tho it would give big incentive to mint PoS(edited)

We really do not want to be gold. Gold is an extremely complex asset that cannot be used to buy and sell things

because it is physical

we kinda fixed that

we should do scientific test

what weights more, 1 ounce of gold or 1 ounce of peercoin

@Irritant https://www.reddit.com/r/askscience/comments/2p3tyv/does_a_full_hard_drive_weigh_more_than_an_empty/cmtsquo/

Found the link

xD

Could technically figure out how much a full harddrive weighs and what the weight of the blockchain would be at an ounce

Is this discord the best place to discuss Peercoin? Their isn't alot of discussion around Peercoin hence why I'm asking the question, people who think of buying are probably turned off by lack of activity

I find America such an interesting place when you guys talk about politics, I'm from Australia and a stark difference seems to be our social security/healthcare and minimum wage, for example, these are all very good but so many in America are so against the idea and want the user pay/capitilist model as if it works the best,

You need strong safety nets so people don't resort to crime, money if they're unemployed health Care if they get sick, America has an extremely high incarceration rate.

We don't consider ourselves big socialists or communists lol

What's the other one Tyranny and lack of freedoms because of strong gun laws, now that is a nutty argument seems to be alot of doomsday preppers/conspiracy theorists, can't believe how strong and vocal the gun movement is over their they were frothing at the mouth when Trump was going to ban bump stocks because of last Vegas, that I will never understand.

Some views from an Australian hahaha

im canadian.. the only socialist policy i somewhat agree with this health care, but even then it should be a hybrid model where everyone is guaranteed a level of coverage but people should be free to choose to pay for better .. (basically doesnt exist here everyone gets the same here rich or poor) ... amercias extremely high incarceration rate is largely due to a fake / manufactured drug problem and industry built around it .. (real) criminals are going to be criminals regardless of social safety nets.. just encourages lazyness .. Castreau is going to try and roll out UBI here to try and save his gov just watch.. guns are tools.. criminals dont follow gun laws. i hold a gun license myself in canada and think there are far too many restrictions on firearms as it is. taking guns away from law abiding citizens solves nothing except weaken the population. criminals have access to a wider array of guns than i do.. in canada if i want to buy a handgun i must present my license at the point of purchase and register it right there and then, and then i cannot have it with me in public only in my home or to goto directly to the range / club.. gun runners have no such requirements..

@captainbuckkets i've found your office

<.<

its actually me(edited)

wow

Teek, your wrong about criminals not following gun laws bit it's a discussion we'll have to agree to disagree, New Zealand..... The shooter was Australian, legally purchased those firearms in New Zealand and from my understanding he was able to buy large capacity magazines even though it was illegal to use in the rifle.

Why didn't he break the law in Australia to acquire those guns and shoot up a mosuqe in Syndey? Short answer it's basically impossible to buy a high powered semi automatic rifle, they practically don't exist

Different situation in North America as it shares borders with Mexico/America/Canada, New Zealand and Australia are good places to have restrictions on weapons because they're island nation's

And about criminals being armed yes the hells angels or comanchero bikie gangs, middle eastern organised crime etc probably have access to AR-15s but it's better that those guys have guns than petty criminals and the mentally I'll, that's the big problem, someone desperate being armed or someone with nothing to loose, just a shame that your culture defines a person so much because of a gun

Or should I say people are so attached it's like an identity,

well, it is nice to be able to defend yourself, here the state has monopoly on violence, citizens cannot even protect against the state if they have to, in usa they understand

Pleasee move the discussion to #off-topic if you dont mind :)

Shall do

Petr So...

Petr The wallet does not sync yet, do I have to create the file.conf with all its nodes?

Digi You shouldn't have to

Digi Did you have the old wallet ver. ?

Petr Never had problems before the fork. I have version 7.2

Petr However I created the file.conf with the nodes found in the explorer.

Digi Never have had to create a file.conf i have added nodes before but shit that was many versions ago like 2015 era

Petr But if I use the smart firewall, if they see 2-3 links, they don't establish.

Digi Have you uninstalled and reinstalled also possible your firewall is blocking it?

You shouldn't have to make a conf file

Digi I know i have to allow for firewall

Digi i said file config im dyslexic today

Petr Yeah, I've never used file.conf before

Petr Seems to recover, I have 4 connections, but I have disabled my firewall! Before I didn't have to!

Should need to be "allowed" no disabled

Digi Yup^

Digi Need to goo into firewall settings and allow wallet

Digi Or uninstall and re install and allow when firewall triggers

Digi If you see a click more info hit that and allow

Satish How’s Tether still a thing??

Because crypto.

you are stuck on the wrong fork by the sounds of it, best would be to resync

Oh yeah! That’s the question within that answer. Irony never seems to leave the planet.

the price of ppc dropped so much that even the dev team doesn't buy it

so sad

Not sure where you got that information

But if you want to sell, I know a people willing to take PPC off your hands

Petr Give me a clear example, why does PPC depend on the BTC price !?

Doesn't

was at a very nice dollar peg for a while. Now its at 50c which is nice as well

I understand you don't care about Peercoin as a currency, but rather as a quick riches investment, but currencies are not meant to be volatile,

Petr If you're referring to me, you're wrong, I had PPC and I didn't even sell them for 5-6-7 € in 2017 ...

I'm not

But if you want to sell, I know people very hungry to buy

Petr A laugh early in the morning is good ....

¯\_(ツ)_/¯

thats fine

the price dropped more that 20 times

if you would have bought btc now you would had a fortune...instead...you are bagholding PPC hahahaha

Thems the way the market goes

Lots of opportunities, but just dpends on your perspective. Some people want more fiat, some people want more crypto

agree...I only say this to raise a signal that even though you are buying...and are a lot of holders...holding will not bring you anything. I think not even developers hold PPC right now. They've sold it for btc and as soon as you buy it...with your btc they sell it instantly they are not supporting the coin price...even though you give them btc(edited)

Well it doesn't really matter what you "think" if the reality is different. But this isn't about the developers, its about your wish for price to increase without you doing any work

lol

is this a morning tard roll call

yes...this is true...like the dev is doing some work

Petr Can you tell how many admin's you are?

is this trader anonymous support group? i hope to hear some people who bought gbyte at 1btc

they should of rolled out smartContracts on PPC a lot time before...now eth is stealing the tech...and PPC was the first POS in the world

Its just venting because people can't read charts

smart contracts has nothing to do with validation protocol

it is should have

since when are people saying should of

well, you understood did him, didn't you

eth is not stealing tech, there's enough room for millions of coins

yeah...sure

it's only a beginning of new era

however, x10 times are long over

did nothing...and always is new era

well, i don't blame you for doing nothing, it's a reasonable choice

why buy ppc...?

and not btc?(edited)

nobody is telling you to buy

^

don't buy, just sell it and be done with it, reach peace with yourself

your health is more important than potential returns

and of course ,this is not bottom

no way...I'm not selling but people must understand that instead of throwing their priceless btc on some shitty coin like PPC that does nothing as trade...it should be better to remain in btc. ppc has the technological capacity to stand above all coins. instead the team does nothing

ok, i'll bite, what should team do

please enlighten

apart from accumulating ppc

they are selling PPC not accumulating...where did you come up with that...the smartContracts...where is the smartcontract...where is the android wallet ...what are the companies that agree to work with PPC...what markets does PPC has...these are important questions and the dev team...in about 4 years should have answers not only spending the investors founds

the financial sector...the banks and other companies...the POS tech shoul adopt it by now...what efforts has PPC engaged in for such approach...none

explain smart contracts to me so we are on the same page

where is the proof

he just means team should be responsible for perpetual increase of value regardless of the costs to the team

the proof is in the fact the price is 30times down?

you know the BTC core team isn't responsible for the price of BTC, but I guess thats irrelevant

who holds the largest quantity of PPC?us ?

the people?

no..btc shifted it's owners from the price of 50usd

wex(edited)

not to mention the so called frauds like gox and others

Older fishies

not to mention the recently forced drop of price from 6k to 3k with the help of a wale that agreed to sell just to manipulate the price and buy cheap at 3k(edited)

unlike modern instamine/premine coins with "dev fund" peercoin has no such things

coins are owned by those who bought them on the market

I didn't read that article, will you send it RE: with the help of a wale that agreed to sell just to manipulate the price and buy cheap at 3k

developers buy coins just like everyone else

ok... but what have they done so far for the adoption?

who? wex?

not a lot

lol

I think the type of project he is looking for is an ICO

ico game is over

no ICO

They usually make a cup and handle. Buy the bottom of the cup and sell the next top

ICO is not good

idk that you know what good is since you think BTC is to be held in the highest of esteems

lucky that peerchemist is asleep for you to mention ETH in this chat lol

tell me, why team should do anything to increase market cost of the coin if team has miniscule stake?

i mean look at rich list

it is what I've said...not even developers buy it

why should they buy it? they are developers not traders

why should i buy anything until wex dumped the bags?

Always bigger fish

how do you engage other people to buy it

you don't develop new features

Yeah nothing like PeerAssets or Perpera

you don't have wallets and not even integration with real shops

or the core RFCs that backpacker implements

why use a third party wallet that is built for ERC20 shitcoins and doesn't support minting?

There is a list of vendors somewhere

plenty of places take PPC and I'm the one reaching out to more

and mostly...the price is so low....that people are afraid to put their btc on trade

but let me tell you something. Nobody is interested in using something for payment that goes up in price

like i said, it's not the bottom yet, don't put your btc here, just sell

so you choose

shop integration or value that increases over time(edited)

sell before wex

that's all advice i can give you for your investment

I'd just recommend staying out of crypto(edited)

"Crypto markets are designed to inflict maximum pain"

yeah I'll probably post another chart with another ATL than an increased ATH

just to see how scams are done

parse error

anyway, have a good day, HighLow, good to have you on board

i'll get back to work

scams go up

rarely down

look at the chart...and convince me that 4years of PPC...and not PPC only is not scam and the only increased value that I've seen is on BTC

unable to compute

scams go up

then it comes out about how things really work

they took all btc from people

Re: ENRON

they sold everything

aight well nothing we can do about it. This discord is for developers

¯\_(ツ)_/¯

Would go complain to core devs then

Perhaps they will give you a refund

drink responsibly

trade responsibly

Peerchemist Openmarketcap shows Cryptocurrencies without their fake volume, shocking results https://openmarketcap.com/exchanges/difference

Digi Yup its crazy

Digi Thought Wex disappeared again ?

Peerchemist Wex is ded

Digi Yeah i thought so fucking thiefs

Peerchemist They did incredible damage to the peercoin community

Digi Yup only lost 7ltc thankfully got the rest out of there before it went to complete shit

Digi Been here since 2014 just wish I would have mined btc and bought ppc lol all hind sight now

@Irritant https://www.twitch.tv/gearboxofficial

@HighLow you should not spread rumors unless you have proof. I’m on the team and I’ve bought over 10k PPC since the price fell and I’ll continue to buy until we go back over $1 again.

You dont need to tell him how much you have

Nor does it matter. He doesn't know anything

The people that build cars for Ford are not responsible for the price of the stock going up

Yes, I understand. I don’t really care if anyone knows what I do regarding trading though. I just didn’t like his assertion that the team doesn’t care. Nothing has happened to shake my faith in Peercoin’s future potential. I look at these price levels as a massive opportunity.(edited)

Don't feed trolls

Price must go up infinitely for them to be happy

@Sentinelrv you reopt yourself to usd ...but I put in front the BTC chart and looks like PPC is stealing investor's BTC. unless ppc doesn't beat it's ATH on BTC...than the coin is scam

and your price level reveals...scuze me...for saing...reveals the fraud

lol

See

HighLow = nic carter?

@Sentinelrv can u comment the PPC chart reported on BTC?because on usd is irrelevant as ppc doesn't have marker on usd

Yeah, that’s a ridiculous way of thinking about it.

Petr The price and date of the request and mathematics.

noo...all I said...it was better to buy btc than ppc

and I've show you the chart of PPC

reported on btc...

fyi dash is a scam

on a 3year period

the ting that happened is that people gave you their btc and you sold it

big scam

who?

no one shuld invest in such coins

they must keep their btc

not throwing on such coins

Dash went up, so must not be a scam

I don’t really care about what the charts say. The team is busy working on modernizing the protocol. I’m sure price will work itself out as time goes on. I’m not really worried about it.

Even with premine

nobody took btc

Petr Btc no It POS!

even with 10-15% of the supply was mined in the first couple hours

but price went up

must not be a scam

hahahha 15% up? are you joking?

maan

ppc valued at least 200k sat

now is 10k sat?

...

and 15% on a coin from that kind of drop...you consider mindblowing

my god...what planet have you arrived?

I don’t own any BTC because I don’t believe in it. I only collect PPC and never sell it.

good to you

then buy now at this price

i'll stick with btc

it is not that I don't like ppc I like it a lot

Petr Anyone can I explain in a phrase the essence of the PPC project?

but sticking the us dollar price...is irrelevant...as ppc is reported to btc and after that to dolar. when btc will be 100k usd maybe ppc is 1usd. what kind of logic do you have?

It’s difficult to put into a small phrase because there are lots of aspects to it. The best thing you can do is link people to the website. Explanations on the home page have been shortened.

digital gold

Learn to read

Instamined 15% of the supply

1-2 million

@HighLow go back to the BitconnectServer

i'll start a liquer store, accepting peercoin

Nah that would be scam

You must open a liquor store and put all profits into driving the price of PPC up

When Binance?

Exactly

Idk @Sentinelrv ur a community traitor

sell your blood and plasma to drive price up

and an organ if you can

Sorry guys. Let me sell my car. That should help. I’ll just walk to work from now on.

Do that yes

Petr Lavoro in building, restructuring etc. I will invoice it with PPC for my clients, it will be compulsory.

Probably take me 3 hours though.

I'm actually gonna go rob a gas station brb

Im skipping meals to buy more

Peerchemist The guy you are talking too does not follow your story

Peerchemist He is talking one thing and you the other

Peerchemist He also does not know much

Petr Do we go laughing?

yes

and when delisting the coin will come?

Idk ill get you a pen and paper if you want to write to Bittrex and suggest it

Only been there for six years

Peerchemist Buckkets just stop

Aight aight

Petr My natural planting ...

Peerchemist @highlow delisting when we finish selling the coins

too bad for the coin

Peerchemist Imagine how many millions we got from selling 25M coins

Peerchemist Since 2012

Digi Poor troll baby sold low(edited)

Peercoin has a market cap of 14 million , it could go to 2.8 billion in the next bull run and it still wont rate a mention,

Peercoin has the potential, POTENTIAL.

Crazy ass predictions for XRP are everywhere but its already mooned and still at the moon, news doesnt shift the price

Im gonna use language that ive often seen used by crypto youtubers but I think its a fair point, imagine when people are looking at coinmarketcap and see Peercoin as the number 3/4 crypto and delve into the POS history, the design of inflation of peercoin, tell me the downside risk of a 14 million Peercoin?

looking at the coinmarketcap history, I always felt Peercoin had the right economics and a sustainable inflation model with POS, that hasnt changed, their have been talks of increasing inflation to make Peercoin more attractive to investors so you cant win with everyone, ITs either not scarce like Bitcoin or litecoin or the reward is too low

1% is the right number, its more or less half of fiat creation in a low inflation enviroment,

I personally wanna see peercoin and the crypto market as a whole crash, I want sh!tloads more peercoin and a price drop will do that for me, my bags arent full enough

Downside risk to peercoin is like 10-20 cents at most IMO,

Are you referring to Nagalim’s RFC?

when you say talks of increasing inflation?

Im just rambling, I saw some comments about peercoins performance in the crypto market and airing my thoughts

Inflation, not serious thoughts but their isnt much discussion around peercoin, I saw it mentioned in a reddit years ago but someone

I was talking about this, just in case you haven’t seen it yet: https://talk.peercoin.net/t/rfc-0011-pos-inflation-adjustment/8757

Is that saying, IF total coin count is 25 million and 15 million coins are staking, you essentially increase your reward by staking to 1.66%? I.E the inflation rate is 1% of 25 million and will increase by that much and the minters share the 250,000 coins proportional to their holding?

Says the % is dynamic

I dont undestand it in that case,

It their a simple way to explain how it works?

This is a proposal, you could ask on the thread

1% is easy enough to understand, is that saying proof of stake coin increase the supply by more than 1% of total peercoins in one year?

We have 25 million or so coins, minting can now create more than 250,000 in year, is that the idea?

I don't know. Haven't read this in a very long time

Perhaps @Sentinelrv knows since he posted it

@Nagalim would need to answer your questions on it.

Its a proposal still so the details aren't finalized

The way I understood is that currently annual PoS inflation can only be 1% if all PPC were minting. It’s actually much lower than that. And this RFC would actually set PoS inflation at the full 1% per year.(edited)

Ah, essentially what Im getting at?

I don’t think what you said is correct. People mistakenly think there is 1% PoS inflation per year. Example: If the total supply is 25M then the 1% PoS inflation would be 250k. That’s not how it works. Individual stakeholders can earn 1% on their stake if they engage in minting. However a large percentage of stakeholders don’t mint at all. 250k annual PoS inflation would only be possible if all stakeholders minted with all 25M PPC. That never happens, so annual PoS inflation is considerably less than 250k. This RFC would make it so the full 1% is printed each year, all 250k. It makes PoS inflation more predictable because every year you’ll know that it will be 1% of the total supply and the number of people minting doesn’t affect it. This was my understanding of it. It’s possible I might be incorrect though, which is why I @mentioned Nagalim just in case.(edited)

That makes sense.

It doesnt fundamentally change peercoin SO I support the idea

So total inflation for the year would be PoS inflation (1%) plus PoW inflation (variable) minus deflation from destruction of transaction fees (variable).(edited)

I guess trying to understand how the mining works is not so striaghtforward, it implies that mining will always be around in the current design?

Yes. It was originally planned for PoW mining to be temporary, but we want to keep it now because it helps distribute new PPC further into the hands of people who don’t already own it. This helps create more PoS minters and improves security. Pure PoS cryptos have no way of distributing coins outside the hands of people who already own coins.(edited)

Is their a problem with miners shifting in and out of the network? It looks like inflation got low during the last bullrun and now its around 2.4%, If the price of Bitcoin rises dramatically and sets a new floor to say $20,000 and peercoin is say $10 a coin again, or simply the hashing power rises dramatically on both networks, will that mean the days of 2.4% inflation are over?

You’re aware that PoW inflation decreases when hash power increases right?

Yeah, so if hashpower increases that'll be the end of 2.4% inflation?

I guess, but it depends by how much it increases.

Peerchemist more the hashes, less the inflation

Peerchemist simple as that

I just remember reading that the inflation rate is variable,

So inflation is directly proportional to hashing power?

Yes

Peerchemist yes

+ posreward - txfeeburn

Okay cool, I was hoping thats the case, its inevitable that inflation will decrease then

If use of the chain increases, that will help as well.

Peerchemist having too low inflation is also a problem

if use increases too much, all coins will be burnt

Peerchemist there must be a balance

"having too low inflation is also a problem" Blasphemy says every other crypto! INFLATION IS BAD, BAD I TELLS YA!

We’re not every other crypto.

I kind of think whats the point in Ethereum transitioning to Proof of stake, most of the coins have already been created

and then having a fixed supply, its a strange world out their

I feel like their isnt much discussion on fixed supply vs limited inflation, its such an important topic, I think inflation is necessary

In a good economic model, I mean really Bitcoin held as a currency is completely stupid

“Limited Inflation” is a good way to describe it. People go crazy when you talk about inflation, but adding limited in front of it may help with marketing the idea.

I dont know whether Peercoin will be a top 50 coin again but I beleive if anything it wont be as volatile as other cryptos, thats a sign for a sustainable currency,

Funny how some coins pumped, NXT went to 1.8 billion market cap now at 30,

million

Thats nothing special of course but an older crypto, I dont know much about but uses proof of stake as well

I think the main reason for the price drop over the past 4-5 years is because lack of exchange support and dependence on Sunny King as the core developer as the reason why development fell far behind. The Peercoin Foundation, which is almost a year old, has been helping to change all that. So I imagine things will start improving in the next year or two as we build on the progress we’ve been making.(edited)

My biggest worry is exchanges keeping the markets open, its good to have Bittrex and Poloniex but volumes arent that large, hopefully enough to keep it listed, im not sure about coinegg or hitbtc, never used them but most trading is done on those 2 exchanges

For example we’ve never had contractors doing development until now.

I think Cryptopia is going to come back, another minor victory, I think it was sad what happened with BTC-E, then wex, btc-e had a funny reputation but ultimately crashed and burned, who knows what

Funny but true story with BTC-E, I had about $2,600USD on exchange when it went down, when it re-opened I bought the entire amount back with the PPCT(tokens), for about .55, I redeemed the whole lot the year after and safely back in my wallet, talk about playing with fire

Most people got burned who played the token game, I lost about 3 litecoins from that saga, no big deal in hindsight

new tech is comming

ppc will be delisted from 2 major exchanges poloniex and bittrex due to the lack of incompetence and fraud(edited)

the team hopes to maintain it alive on cryptopia ....cryptopia is recovering from the so called "theft"

the lack of volumes on PPC is linked with the bagholders that left behind. and that is why this coin is fraud

Peerchemist We keep it listed until we sell out

I’m glad you think there is a LACK of incompetence and fraud. We try our best.

You are not helping @Sentinelrv

I think the best thing to do when some one goes low is to go high and fly over there bull shit dont fuel his weak ass

Or IT* dont know what @HighLow is could just be a btce troll

yeah ...go to work guys...as for people don' invest in ppc

you will never see the btc back

you throw away your priceless btc

you know who didn't invest in ppc?

hitler

Peerchemist Caligula?

Blanko /p Ada

HighLow, do you own crypto what do you hold?

Peercoin is a classic contrarian investment, price is low, activity is low on forums etc no real media presence.

It could well go nowhere I wish I knew the future, I personally think downside risk is small but upside is massive, if we can convince people of the Peercoin story of its design and importance in the history of cryptocurrency it wont take much to budge the price.

If it goes to 10c great, I'be buying thousands per week until the price goes back up again, at 10C it doesnt take many buyers to soak up supply.

This is a definitely not a sheep investment like XRP or ETH, whos more likely to make a 1,000 bagger? PPC or XRP?

IMO Peercoin is like the silver of the precious metals market, Gold is looking bullish in the longer term but the contrarians are going for silver.

Or uranium for something different, its absolutely been flogged and hated for years but from the pits of dispair is how these meteoric rises can happen

People are often only interested in buying something when its going up, ADA is the classic one at the moment, if Peercoin is rising through $30-$40-$50 it will be the same story as litecoin.

ONE thing I wont do is make any guarantees, This could well be a shit investment,

and HighLow is 100% correct

But you have to stand by your convinction and you wont be right all the time

The members of peecoin over the years have never been super moonish, I think this community attracted people who were realistic about currency, Its obviously working for the fixed supply coins but Its a lowest common denominator argument, then Darkcoin/DASH said you needed 1,000 coins for a masternode , another thing is burning the currency like binance coin,

Peercoin has no gimmicks, it has probably hurt the coin But I ultimately believe its the right choice, for a peoples coin anyway

In 2014 when i was told about this crazy internet coin and it could be mined called Bitcoin. Started looking into mining it and stumbled across Peercoin because it is sha256. Down the rabbit hole i went. Every since then I can say i have been impressed with Sunny King and the past and current Developers and community. Probably one of the oldest alts with the least confrontational community and team members. When issues happen they're on top of it!(edited)

they're

Petr Great Suuny!

Petr I wondered if Suuny ever met Nakamoto ...?

again ppc down

btc up

they are selling people's btc and down with ppc

Did I miss something, BTC and PPC 10% up. Who is buying?

Was it the Camry?

bulltrap

After the beartraps we had, perhaps. Or springtime finally arrived in Northern Hemisphere?

better stay in btc

to be in alts now is just dumb and random gamble

I reckon bch is a good gamble

Maybe good to be in a BTC short lol

Blanko /p btc

<.<

Not going to lie this is frustrating, bought another 2,700 coins today so im doing my part lol

you gonna cry

We'll see I'm 36 got the rest of my life to cry about Peercoin hahaa, it's not always gonna gold

Peerchemist it's important to stay negative ;)

well, the fact ppc is in downtrend since 2014 vs btc is enough for negativity

buying it just because of it is dumb

Peerchemist So why don't you pump it

Peerchemist If you care so much

old coins that didn't moon somehow like eth/ltc/xrp are just bag holders

so says i care?:>

i'm just stating the obvious to delusional ppl:)

Peerchemist Where do you see delusional people?

[5:11 AM] dirkmirk: Not going to lie this is frustrating, bought another 2,700 coins today so im doing my part lol

Peerchemist Let the guy speculate if he wants to

Peerchemist Peercoin is indeed cheap against Bitcoin, that's obvious

14 million market cap, how much downside do you reckon their is Necro?

The way bitcoin cash and Cardano crashed would be like Peercoin dropping to 20/25 cents,

The last bubble peercoin went to $10 back to 50 odd cents, 1/20th the value

ADA/BCH crashed to around 1/40th

I'm a glass half full kind of guy hahaha

Peerchemist Peercoin just had its Mt gox moment

Peerchemist Who knows what happens next

Nah I don't see it that way, pretty much everything dropped 90% or close to it,

If not more

Peerchemist Wex was our mt gox(edited)

Peerchemist That's what I'm saying

Alright that's fair enough, it was a blow for sure

Peerchemist Biggest blow I remember

Peerchemist Price wise, they have halved the price

Peerchemist Then the crypto bubble collapsed

Peerchemist I'm surprised any of you speculators are around after all of that

Im a little concerned about the mining of Peercoin and the inflation rate/reward to miners, I haven't delved into how ot works exactly, what I'm saying is what's to stop the inflation increasing from 2.5% to 5% or 10%?

If Peercoin keeps dropping in dollar terms we'll have a double whammy with increasd supply?

Peerchemist Yes we will

That would take guys to keep buying if the coin looks dead if the price keeps dropping and miners keep dumping

difficulty will drop until it is profitable to mine

Would take guys

Ahh.. GUTS

blockreward goes up when difficulty goes down

Peerchemist Basically look at history, whatever is to happen has already happened multiple times

Peerchemist We had bear periods before

Peerchemist Inflation is always steadily decreasing

Yeah just saw the Peercoin explorer website the trend is definitely down, only recently the inflation has crept back up

I suppose on the plus side, as long as Bitcoin is successful in dollar terms mining hardware will keep becoming more powerful and more or less flow into the Peercoin network as it has, I presume the difficulty or hashpower algorithm was designed back in 2012 and we had no idea how much hashpower would be thrown at Bitcoin or peerxoin

Surely alot more than anticipated

idk if satoshi anticipated asics, some say he did, some say he didnt(edited)

Peerchemist As soon as the price downtrend turn, hashrate will skyrocket and inflation will fall

Peerchemist It's always the same

Is their a group of elders that discuss Peercoin/ strategies going forward or these discussions kind of dead like these discussion boards?

Feels like theirs not much discussion going on

Unless I'm not privy or looking in the wrong places

Talk.peercoin.net has more formal discussions. Everything in cycles

Peerchemist There is a lot of non public discussion

yes

Haha cheers good to know

Feels like Peercoin is always going to be a laggard when it comes to price action, it does pump but it's not at the starting line like LTC/BCH/ETH/etc

Peercoin pumps later

it's like that because it does not have a market maker to peg it against the overall market

Yeah true that, are LTC markets still a thing?

how do you mean "LTC markets"?

Is that what you meant? Back in the day on cryptsy for example, the "good coins" had a BTC market and the shitcoins were relegated to LTC pairing, I remember mooncoin being paid to LTC

I've heard that XRP pairing is becoming a thing

meh I dont think Litecoin is taken seriously by anyone

it's just a companion token for Bitcoin

it's dead development wise since 2012

only non bitcoin token which got established as base token is ethereum

binance is now starting with xrp

Id be lying to say I'm not a little dissapointed in humanity, to think Peercoin was a contender alongside Litecoin and here we are 4 years later, Litecoin is still up their and peercoin languishing in the 200s ranking wise, I thought POS was the innovation and not a different algorithm will an unimaginative 4 times increae in token supply over Bitcoin

crypto valuation is not attached to any fundamental reasons

without market maker Peercoin is destined to lag behind the pumps

On that I do agree

if Peercoin had massive whales like Litecoin, who are willing to push the price up at critical moments - than Peercoin valuation would be significantly bigger

but Peercoin has never attracted the shady types I guess, so native population of whales is not into those kind of games

in crypto it's basically - "fake it until you make it"

it's important for speculators around here to understand that whatever we devs do does not matter one bit for the price. We can cure cancer and invent pertpetum mobile - and still the market wont be able to attach some price tag to it(edited)

Total agreement their, crypto is just a popularity contest at the end of the day,

Like a religion, my favourite saying how I try to explain what gives value to Bitcoin or crypto in general to people

"Crypto is a belief system like religion ", that's how I think of it, look at Tron classic example

Or XRP

Pretty much any crypto

anyway if you want to be a speculator, do it properly. Buy the bottoms, sell the tops. Create liquidity. Shill your bags.

No, you buy XRP for $3.50 and tell everyone it's going to be $587 a coin lol

let not make fun of disabled people

I think price pridections are silly,

I think their should be a minimum and maximum price prediction to add balance

Theres generally a single price range for assets that they will hit though

Just depends on the cycle

Does anyone understand the primecoin market? I can't get my head around it theirs only like coinegg and poloenix that trade it,

Nope. Peercoin only here

Most likely same dynamics all other markets are bound by

Peerchemist Primecoin is a dead coin since 2014 though

Peerchemist No updates since

wen binance listing?

when half life 3?

I dont know much about Binance but noticed they have a market for Bitcoin Diamond, so they must deal in shit

As well as the good coins

No good reason to not have Peercoin!~

binance was never contacted

so we have no idea how do they think

or if

8 btc volume today on polo

quite the increase from previous weeks

like 8x the increase lol

volume is as ded as wex

nvc/nmc/ppc were pumped and alive just because of that exchange

Peerchemist Lol

now when another bull trend occures in crypto, I doubt ppc will be in it as much as before

Peerchemist Ppc will stay at 12k Satoshi for ever

Peerchemist

Peerchemist Dude everyone knows wex teared you a new one and you are salty. I can troll you around for ever though(edited)

wouldn't agree on ~10k sat because every year its lower -_-

i wouldn't care more about ppc, i have like 5% of all investments in it

*couldn't

luckily sold on wex and didn't went into tokens

I’m basically 100%. Call me crazy.

Peerchemist Having crypto other than peercoin makes no sense to me

Peerchemist I buy stocks and real estate if needed rather than gambling on shitcoins

Peerchemist Crypto gamblers are funny bunch, I never see them contributing to make their investments worth more. They just do it as a slot machine and then blame the 'coin' for their misfortune

At least people who buy stuff like Home Depot shop there

I know this is a peercoin forum but WTF with primecoin!

Lows of 10c now at 30c, I dont understand why someone would buy XPM over PPC,

IT will probably pump and take over Peercoin marketcap again,

Peercoin has never got out of 2nd gear.

Probably

Just having a look at a couple of things, hard to believe Peercoin was ranked 33 just 2 years agoi

So 24 million coins, 4% inflation, 960,000 coins P.A, 2,630 per day at 82 cents = $2,160 per day to soak up all new supply if dumped on market

thats 2 years ago

Today, 25,300,000 coins, 2,.5% inflation, 632,000 coins P.A, 1,732 coins per day at 60 cents = $1,022 per day

Only need half the money to keep price stable, another way to think of it, if we look at money from miners and if People staking PPC hoard it and dont sell

yeah crazy huh

Mining reward

2017 - 720,000 coins PA, 1,972 coins per day @ 82 cents = $1,617, safe to assume most coins were sold on market, this is income from mining.

2019 - 379,500 coins PA, 1,040 coins per day @ 60 cents = $624,

¯\_(ツ)_/¯

Buy em up then

If peercoin is being dumped from miners we only need about $600 to keep the price level, its impossible to know what holders are doing but I use supply from miners to guage what sort of money needs to flow into a cryptocurrency as a minimum

I don't really watch the market :)

Bitcoin needs 9 million per day

1,800 X $5,000

Just throwing some thoughts out their

Glass half full, if we can go from 4% inflation ranked 33 to 2.4% inflation ranked 246,

The trend is obivously lower despite where PPC ranks, its all to do with mining power

As long as the price doesnt really tank, we should be okay

Yeah but not all miners sell

A number of them can't buy into a market because it's relatively illiquid so they must mine at a loss just to get a % of the supply

there are no buyers

Billionaire no news - no buyers)

Peerchemist why dont you generate news?

Billionaire fake ones?

Peerchemist no, real

Peerchemist there is plenty of material to share

Billionaire like what? Hard to post on twitter? I can hire a worker for this easy ... copy paste not a hard job lol

Peerchemist you do make a point

Peerchemist I'll have a serious converstation with dude who is already paid to post on the twitter

Billionaire:

What are you talking about Necro? Im buying all the time haha

Billionaire Me 2

I’ll continue buying as long as it’s below $1.

Now that Binance has the bulk of volume of alt trade , it would be good if we could get listed there. im not sure if it is a voting system, or palms need to be greased. Ill take a look.

binance.com/userCenter/coinApply.html

Blanko /p Ada

there is 100% profit

Quote"news today: "Following BNB, many coins in the top twenty by market cap shed around 8 percent of their USD value, with only Monero managing to avoid the selling pressure." PPC is not any better. Bit messy today, after Easter dip?

Bitcoin seems to be holding up

Relatively

PPC up 1.5%

Don't trade peercoin, hold it !

Stake it? Mint It? what ever you want to call it do it

nah, fact is you can't trade it because its only going down:>

and by minting 50% of transactions wont be confirmed

where did you get that statistic

One coin I was semi interested in was PIVX more like the DASH model with masternodes but has dumped hard lately and dropping down the rankings, max price was Round $14.50 now just above 60 cents, I guess what I'm saying is don't go for the imitators at the end of the day coins will always come and go and Peercoin has its place in history of cryptl

I agree. Imitators are more likely to be abandoned once the price stops pumping. Peercoin on the other hand has a dedicated group of volunteer team members that maintain and develop for the blockchain regardless of the price. I think you’re less likely to find true believers like that in a copy/paste technology.

@dirkmirk PIVX was pumped and manipulated hard during first pumps in march 2017

top 20 coin back then - due to manipulation

Price is irrelevant if development or anything else. Same as stock market

yeah

manipulation works best

although pivx back then pumped on some news

i think it was a switch to pos

But nobody cares. It must be the development

Like how LTC changed one line of BTC and created millions of parallel value.

That must be what gave it valuation

@peerchemist will tell what gave ltc value

u just all jelly

Wex was manipulating it, and it was listed on the biggest number of exchanges - mainly this gave support(edited)

if exchanges would support ppc it would be different today(edited)

Like if it would be almost as widely supported as LTC, and possible to buy with fiat in most countries, I guess it would be top 10-20(edited)

@Sentinelrv the fact that Peercoin is here since 2012 make it somehow more trustable than coins that I have been created not so long ago. I don't really know why it is not so much popular. But I think thats a good thing that Ledger make it available on their hardware wallet, this is how people will discover it.

Cryptocurrencies: 2143 • Markets: 18046 • Market Cap: $167,972,038,774 • 24h Vol: $43,257,758,824 • BTC Dominance: 55.0%

that 24h volume must be so fake

Peercoin should already be on coinbase and Binance, they are not respecting the original cryptos!

Grab your pitchforks! lol

@Irritant cmc is having bigger vol than when you wouldsummed it up from their exchange page - I checked it . And wash-trading is another aspect.(edited)

ATL

TIL Karpales uses 20% to 30% of his brain capacity to decide where he puts his hands

lmfao

@danny kane I heard a few things about Binance that set off some red flags. I hear there was some drama with digibyte - another utxo community coin that's active... and why the frik don't they have doge?

binance does not just list coins, they wait for them to apply

doge does not have any sort of formal organization so they cant apply

Mike They can’t squeeze money out of doge

precisely

i'm pretty sure there's been coins listed without them applying

Us

On many exchanges

Most places just message me to tell me they have us listed and wish for a social media shoutout

Who is pegging PPC at around US$0.50? Miners?Whales? Or inflationary model of around 3/3.5%?

Last 7 days inflation down to 2.12%, was sitting around 2.5% so maybe its on the movie

move

down

I dont know whats going on with the price, people just arent buying it, I bought 2,700 coins on bittrex for 58 cents in a few minutes and the sell orders just got fatter,

I plan to have a shitload of peercoins but theirs been no upside lets be honest, every purchase has lost money

Bought into BCH and BTC a few days ago and into profit, My gut says these coins will pump and peercoin will stagnate, doesnt change my plans to get DUMP BTC/BCH and buy peercoin though, it doesnt sound logical when peercoin is so cheap but to acquire the most coins I think its a better way to do it to profit off other coins.

my feeling is that you should trade a coin by the idea it leads not by the price market it makes. If you want to contribute to it because you believe in it that great otherwise you better move on to another coin that is maybe more popular today but will maybe deprecated tomorrow.

lets say you can't go wrong with buying xrp instead of ppc. almost same price, but with ppc is more likely to get shit faced

so buying popular coins instead of ppc is better move -_-

I can see a clear floor with the price of peercoin, it might be 20 cents it could be 15 cents, I would scoop up as many as I could for that price

As for XRP...... With a 13 billion market cap if it falls out of favour it could easily go under 3 cents and still be valued over a billion dollars

Not to mention if Ripple tries to sell off another 40 billion XRP less than a cent is not out of the question.

Downside for XRP is like 95%+ drop, Peercoin I reckon perhaps 2/3rds or 66% drop( to 17 cents).

Peercoin would have a market cap of 4 million at 17 cents, considering the history and it's the best design of "digital gold", I would buy $500 a week and bot bat an eyelid

@Cybnate inflationary model can't peg coin :D. It can be done by some individuals, tho I don't know who exactly. Could be miners.

@dirkmirk - you don't see one thing - liquidity is huge for XRP, and for now minimal for PPC. I hope for the best, but you can't compare both, even if XRP is in reality premined shitcoin.

We'll put it this way, what would a million dollars buying pressure do for Peercoin vs XRP?

Nothing for XRP, explosion for Peercoin, if sometime is determined to buy ppc and lots of it, it won't take much to shift the price, Peercoin needs marketing, it works and has history, this whole crypto thing is like a religion or belief system

So the potential is their, I see it as a huge reward, small risk to the downside at 50 cents but I think it will underperform the market in another bullrun,

I don't Believe Peercoin has ever truly run, historically what's it been 20c-$10 a 50X trading range , I don't believe it will never have it's turn for 500X returns so to speak, these bullruns when they occur are like an unstoppable jaggernaut that feeds on itself and success

I believe in the narrative of Peercoin, despite where it's at in 2019,

Of course it would explode, especially if it was pumped with market buys. It's the nature of illiquid assets - they explode in value at first with such buying power.(edited)

Even for XRP, if it was one market buy it would also mean a one nice wick. People really doesn't seem to know, how these markets are illiquid. There is one good site that can present it: https://vcdepth.io/ - turn on neareast 1% or 10% - you would see how little is needed to explode or dump markets.(edited)

Peerchemist wicks work both ways

Peerchemist even medium dump can collapse the market like 30%

Yep, both to pump or dump markets, it's really easy.

And in 2015-2016, I would like to see books... It would have to be super easy, which is why some people used it. As I saw Ripple had like 200M cap back then and poloniex, which was the biggest exchange for it (besides "Ripple gateways" whatever that was), was having like 10-100K USD max vol 24h on XRP/BTC pair. Books probably contained like 50K USD or less.(edited)

Peerchemist if people would just sell obvious pumps and buy obvious dumps market would eventually stabilize by nature

Peerchemist however people buy the pumps and sell the dumps

Peerchemist making it easier for manipulators

anyone trading on topia anymore? there was a bit of a dump if anyone wants to risk putting btc there

Didn't know it was open again

I stick to Polo/Trex

you can withdraw btc, doge and possibly other currencies

Fool me once

After WEX, I trust nothing

i don't trust exchanges in general

gotta use em though

i had just sold some loki a few days before the whole thing. i usually don't keep much on exchanges, but i did get pinched this time

didn't lose too much though

i said that there was a dump on topia, too late now back to normal

mmmm

Im just waiting for the cycle to finish

Very close to bottom as predicted

* deleted screenshot * ¯\_(ツ)_/¯(edited)

sick snipe

i still wouldn't be surprised to see it drop to that price..

I would be

im holding the chart upside down since a while

Its held its USD value which is really all that matters

Its been increasing/holding around 50c which is fantastic

i don't trade to usd.. especially not alts

Still I'm somehow amazed that anyone trades there on this shitcoin exchange. Tho there seems that still the biggest "liquidity" have bitfinex, evrn with bankrun, nothin will amaze me

You should

Everything outperforms in USD

lol, i shoulda DAIed at the top

Even if you want more BTC, trade alts to USD and USD to BTC

@Peter I'm surprised YoBit is still alive

i have a trading friend that like to USD... it's not for me, man

this guy got a good deal:

I mean its a bad deal if you straight up hate money