Pages:
Author

Topic: [ANN] [PPC] PPCoin Released! - First Long-Term Energy-Efficient Crypto-Currency - page 18. (Read 685197 times)

newbie
Activity: 59
Merit: 0
Any one who owns peercoin is not happy with 85 pct decline since Jan vs US dollar and 70 pct decline vs bitcoin it's absurd that the peercoin team is so set in there ways and has no interest in any other ideas other then there Own implementing the 5 pct miner tax would have provided the funds too hire top devolpers and marketing and the website an embarrassment what it looks like it's time for change or peercoin will continue its non stop collapse it's absurd a. 6 year old trusted coin should be dying everything is not fine  at peercoin we need change

All I'm gonna say is almost every alt has suffered a serious decline this year. Most are returning to last years lows. Incredible after the 2017 bull market Didn't think prices would fall this much, but they have. Regardless, development continues here slow and steady. PPC will always be a strong project.
sr. member
Activity: 395
Merit: 408
Bitcoin OG artworks collection
PEERCOIN 06   ABSTRACT PAINTING  400 USD

newbie
Activity: 20
Merit: 1
Has anyone tried to withdraw from the exchange at regular wallet PPC? Advise an official customer.
legendary
Activity: 3906
Merit: 6249
Decentralization Maximalist
I'm not saying your wrong, I really don't know the answer, but can you elaborate on why cold minting would matter when other projects use cold forging? How is cold minting a differentiator? Or do you mean that even if it is not unique, it will still give PPC more attractive features which will therefore increase the price? Maybe I don't understand the technology of cold minting, so I want to make sure I'm following correctly.
As far as I know, Peercoin's cold minting system is unique in that it doesn't provide incentives for the formation of pools. "Pools"  - nodes that allow other coin holders to mint with their node - are possible, but the pool operator cannot move the rewards, so there is no way to form a "variance reduction pool". That means that it won't be attractive to mint at a big pool, because you only get rewards when your address "finds a block", not when the pool as a whole finds a block (and divides the rewards to minters). Thus, the only advantage of pools is that you haven't to bother about having the client online 24/7, but the coinage-based reward discourages that anyway.

Big pools are generally seen as a threat to the PoS security model, as they could accumulate enough stake for a successful attack. One of the reasons cold minting wasn't implemented earlier was the fear of pools forming, until sigmike found the solution.

There was an altcoin (a PPC clone, obviously Wink ) that tried something similar a couple of weeks ago but with some OP_RETURN magic and mandatory fees for pools (I don't remember its name  Embarrassed). I think Peercoin's solution is more elegant.

Much more important than "uniqueness", however, is that cold minting would allow to increase the security of Peercoin. Proof of stake currencies can only be secure if a large percentage of the coins are participating in minting, without forming big pools (see above). The current cold minting design would very likely increase this percentage significantly.
newbie
Activity: 44
Merit: 0

And to @Verdell & @Paul33:
- v0.7, cold minting & peer assets are released for mainchain

I'm not saying your wrong, I really don't know the answer, but can you elaborate on why cold minting would matter when other projects use cold forging? How is cold minting a differentiator? Or do you mean that even if it is not unique, it will still give PPC more attractive features which will therefore increase the price? Maybe I don't understand the technology of cold minting, so I want to make sure I'm following correctly.
member
Activity: 156
Merit: 10
sr. member
Activity: 650
Merit: 318
I for myself enjoy the updates here, as I open this forum much more often than Peercoin's own forum. So @Sentinelrv, I hope you do not really have plans to cease posting updates at Bitcointalk.

I’m referring only to the website updates, where I will take a “when it’s finished” approach from now on. All other updates will continue as normal.

Also, I wouldn’t waste your time arguing. He’s still trying to argue for a miner tax when we’ve already explained the following points numerous times...

- A miner tax results in increased inflation of the supply due to the dynamic PoW block reward.
- The Peercoin Foundation already has enough money to do what it needs to do. More doesn’t help.
- A web team is already hired, however content can only be done by volunteers on the team with expertise.
- Proper marketing first needs something to market, such as the incomplete items mentioned by d5000.
- Being a “top paid developer” does not automatically make them an expert in Peercoin’s codebase.
- There is a very limited pool of developers with the necessary experience to choose from that can help.

It would be most helpful if he stops fighting with the team and accept the reality of the above points.
full member
Activity: 308
Merit: 112
D5000 I respect what you say and agree with most of the comments you make but peercoin needs a war chest and should implement a 5 pct miner tax that would assure being able too hire top devolpers and marketing and as I've stated many times the website does nothing for people who are new too peercoin
newbie
Activity: 30
Merit: 0
Hey . I suppose that this idea is pretty a lucrative investment currently!
legendary
Activity: 3906
Merit: 6249
Decentralization Maximalist
Any one who owns peercoin is not happy with 85 pct decline since Jan vs US dollar and 70 pct decline vs bitcoin
Please read this post (again?) and look at the charts.

All coins have fallen a LOT with respect to December/January. There are some few exceptions that just had a pump (EOS) or generally did better than average (Decred, Ethereum), but almost all the remaining coins fell significantly more than Bitcoin. 85% losses with respect to the ATH is "the norm".

The reason is simple: Altcoin investors assume (we could also say, they know, as this happens in every bear market) that Bitcoin holds its value a bit better than almost all altcoins when general cryptocurrency prices are declining. And so they sell their altcoins and hold Bitcoins instead. There is also the part of the audience that needs to sell their altcoins to BTC prior to "cashing out" to fiat - another reason why altcoins fall more sharply than BTC in bear markets.

I'm a cryptocurrency user since 2013 and already went through a whole bull/bear market cycle, so I think I know what I'm talking about. Wink In 2014 the pattern was almost identic: Bitcoin falling slowly, altcoins crashing hard.

To break that "altcoin curse" and escape the bear market, a coin needs to bring up something really good & unique. PPC 0.7's cold minting can be such a feature. A website redesign isn't.
full member
Activity: 308
Merit: 112
Any one who owns peercoin is not happy with 85 pct decline since Jan vs US dollar and 70 pct decline vs bitcoin it's absurd that the peercoin team is so set in there ways and has no interest in any other ideas other then there Own implementing the 5 pct miner tax would have provided the funds too hire top devolpers and marketing and the website an embarrassment what it looks like it's time for change or peercoin will continue its non stop collapse it's absurd a. 6 year old trusted coin should be dying everything is not fine  at peercoin we need change
legendary
Activity: 3906
Merit: 6249
Decentralization Maximalist
I for myself enjoy the updates here, as I open this forum much more often than Peercoin's own forum. So @Sentinelrv, I hope you do not really have plans to cease posting updates at Bitcointalk.

And to @Verdell & @Paul33:

I really fail to see why you're still posting here. Why don't you just sell your PPC and buy some hypecoin? The only reason I can find is that you're both speculating on lower prices. I don't know if there's a way to short Peercoins (at least I don't know a lending service), but achieving a nice entry price to buy up PPC can also be a reason for downward price manipulation.

I would always guarantee that Peercoin's price in a year will be much higher than now if:
- v0.7, cold minting & peer assets are released for mainchain
- the transition to modern code has at least begun

The website and Binance are secondary things. Even if all you want is a pump, you need at least a reason for a pump, and a website refresh already isn't enough. You need something "real" to market. For example, EOS is successful with it's promise of "0.5 seconds blocks" (even if this can only achieved with a pretty centralized design).
sr. member
Activity: 650
Merit: 318
Peercoin bag holders should get out now this coin has no future peercoin team is,too,slow,too act and too,set,in there ways and there is no marketing no branding and no interest in peercoin

Nothing gets done at peercoin 7 months and still there isn't new website the peercoin team is living in another world

I just got done giving everyone an update here 5 days ago...

The website has only been worked on for the past several months, not as long as you describe here. I posted a recent update on it here...

https://talk.peercoin.net/t/the-bear-market-is-really-there/7821/35

If all you two are going to do is continue to complain and drag down the mood here then I'm not going to give anymore updates at all as it seems they are not appreciated. I'm not your personal pumper and I'm going to take as long as I feel is necessary to make something that is of quality. If you can't deal with that then either make your own website or go somewhere else. I'm not listening to it anymore.
full member
Activity: 308
Merit: 112
Nothing gets done at peercoin 7 months and still there isn't new website the peercoin team is living in another world
full member
Activity: 308
Merit: 112
Member
****


Activity: 523
Merit: 252




View Profile  Personal Message (Offline)
Trust: 0: -0 / +0
Ignore
   
Re: [ANN] [PPC] PPCoin Released! - First Long-Term Energy-Efficient Crypto-Currency
February 06, 2018, 05:49:16 AM
Reply with quote  +Merit  #2315
Quote from: Verdell on February 04, 2018, 02:06:42 AM
Any updates on new peercoin website ?

A plan is laid out for it. We're starting talks with a web team. That's all we can report for now, but it is progressing.
full member
Activity: 308
Merit: 112
YnoS4950 • 10d
Please hire someone to do PR for PPC. Without it, PPC will fade to obscurity. It's a sick world out there and millennials got a shorter attention span than a gold fish.

One more thing. Maybe you can take a look at this one too /r/peercoin/comments/8w8x5p/what_happened_binance_exchange_has_every_shtcoin/
newbie
Activity: 160
Merit: 0
Peercoin bag holders should get out now this coin has no future peercoin team is,too,slow,too act and too,set,in there ways and there is no marketing no branding and no interest in peercoin
full member
Activity: 308
Merit: 112
.0062500 peercoin Jan 2014 hi peercoin needs too change its approach it needs marketing and it needs too move with a sense of urgency
newbie
Activity: 25
Merit: 0
I expect good luck for the project.
A rather interesting vision, credible website, extraordinary idea.
full member
Activity: 308
Merit: 112
Moving at a snails pace has made peercoin a dead irrelevant coin that no,one will care about didn't have too be that way but that's how it Is
Pages:
Jump to: