$5.00 bounty to the first person who can convince me not to buy ppc (reopened) - page 3.

Yurizhai

hero member

Activity: 764

Merit: 500

Quote from: Anon136 on November 22, 2013, 11:27:59 PM

Quote from: markjamrobin on November 22, 2013, 11:23:56 PM

The price is oscillating, and these all time highs are not steady. The price will likely fall again, before it goes up. Wait till like $500 to buy.

thanks for the input, but im more looking for ways in which the protocol is broken. or the economic implications of it are not as desirable as one might expect.

I've never heard of such a reason. PPC doesn't have a 30 million dollar market cap with a broken concept or implementation. Whether or not it will succeed is something that has to be tested down the line.

Anon136

legendary

Activity: 1722

Merit: 1217

Quote from: markjamrobin on November 22, 2013, 11:23:56 PM

The price is oscillating, and these all time highs are not steady. The price will likely fall again, before it goes up. Wait till like $500 to buy.

thanks for the input, but im more looking for ways in which the protocol is broken. or the economic implications of it are not as desirable as one might expect.

Sustainable

member

Activity: 70

Merit: 10

Other coins offer better alternatives. The confirmation time is a massive factor, this is the reason for investing in WDC with a 30 sec confirmation time or shorter.

markjamrobin

sr. member

Activity: 462

Merit: 250

The price is oscillating, and these all time highs are not steady. The price will likely fall again, before it goes up. Wait till like $500 to buy.

Anon136

legendary

Activity: 1722

Merit: 1217

i un-convinced myself. thread reopened Grin

Anon136

legendary

Activity: 1722

Merit: 1217

Quote from: lopalcar on November 22, 2013, 07:48:31 PM

Because for me is more or less the same as investing in goldcoin... The first days tha ammount of coins mined was huge compared to the current rates, if I remember well, in the beginings each block had around 5k coins.
It's true that Pos was innovative, but there are coins better distributed with more advantages withouth handling new projects like netcoin or nxt wich will have PoS and many other innovations.
I had 6k wich I mined with a 5970 in two days and I sold when the coins was attacked or sometbing like that at ridiculous price, so maybe my hate to this coin is consequence of this Wink

I'm sure that if I currently have that 6k my opinion would be different and the same as all holders

unfortunately i convinced myself, but that was a good effort! whats your bitcoin address? ill send you a tip.

lopalcar

sr. member

Activity: 312

Merit: 254

Because for me is more or less the same as investing in goldcoin... The first days tha ammount of coins mined was huge compared to the current rates, if I remember well, in the beginings each block had around 5k coins.
It's true that Pos was innovative, but there are coins better distributed with more advantages withouth handling new projects like netcoin or nxt wich will have PoS and many other innovations.
I had 6k wich I mined with a 5970 in two days and I sold when the coins was attacked or sometbing like that at ridiculous price, so maybe my hate to this coin is consequence of this Wink

I'm sure that if I currently have that 6k my opinion would be different and the same as all holders

bnogal

full member

Activity: 179

Merit: 100

it depends on how much, how much % of your savings... etc....

In the other hand, Digital coin is lot cheaper and looks promising too, but harder to buy...

abbeytim

sr. member

Activity: 438

Merit: 250

because the price will go down

148PmRLnHj4K89CcQajhz3dZQt7E66d53W

Brewins

legendary

Activity: 1120

Merit: 1000

because you should buy ixcoin instead

Anon136

legendary

Activity: 1722

Merit: 1217

No logical fallacies please, rational arguments only. Bounty to be payed in bitcoin at mtgoxusd at the time of the transaction.

More than anything what I'm looking for is, is there anything broken about the concept of proof of stake? is there anything broken about the implementation of it?

Topic: $5.00 bounty to the first person who can convince me not to buy ppc (reopened) - page 3. (Read 2745 times)