Topic: [ANN][PRT] Particle | CPU/GPU, Fast, Easy Mine, * NO PREMINE * | Official Thread - page 132. (Read 354253 times)

What good is a wallet if no one is mining to support transactions?   Without mining crypto coins don't work.    When everyone stops mining there won't be any transactions.

It isn't so much a problem that there was so much mined so quickly, the problem is that soon even the meager awards that exist today for mining will be gone.   What are the plans to fix that?

Like many cryptos a couple weeks ago Particle had an unhealthy boom out of nowhere for no reason other than DOGE, MOON and TIPS were being pumped.  We went from 40 to 500 in a couple days and have been pretty steady now ~200+/-.  If it wasn't for the bump skewing things 150-200 is still a pretty decent climb in a few weeks.  Even 100 would be nice.

Most interesting is the lack of trade volume the last week or so.  With most alt coins I have seen a continued volume of trading all the way down down down.  With PRT we climbed and then just silence.  There are a LOT of Particle already out in the wild so it's not like it isn't available for trading.  I think people that mined or purchased PRT see much potential in it and have very little desire to dump unlike most coins where miners dump as fast as they mine.  I have not noticed any dumping of significant volume.  The yang to the ying is that there is also a lack of buyers right now so I think people that have not heard of PRT just are not getting the message.  This is where I think it is clear we need to make some more noise and toot some horns. 

We need new investor blood, not new miners...same boat as Quark...mining is pretty much in maintenance mode and now its time to move to the next level and get this going as a currency that is used.  It seems like the mining reward wind down is even faster than Quark so there is really no time to waste in getting people interested in using PRT.

The new wallet is going to be great but it also sounds like developing the '3rd party app' layer will take some time.  Would a possible idea to get some interim publicity be to release the wallet in 2 stages.  The first could be the graphical updates plus some of the hardwired new features like ticker and link to CoinedUp etc etc.  That way we get some buzz and get people interested in the wallet and used to the layout and maybe some of those people will get interested in building apps etc etc.  Then once the 'particle accelerator' (or whatever the app store gets called) is finished release the second stage of the wallet.

Go PRT!

I sent you some,

Either hold it or go visit Altsino.com and try and double your money.  If you cash out I might be angry.

Well!!! i try with this crypto!

I acept donations  PeTU4wGywPmTePa479YS57cFXDRoAJ1Bqa

I hate to say it but this guy is right...  

I mined since day 2 and I'll continue to mine this coin for a few more weeks but right now the acceptance is just not high enough to justify it's existence.  I'm going to hold on to my coins in case I'm wrong but as far as I'm concerned, this coins death is weeks away.  The promise of a new wallet was great, but there isn't enough interest in other services that Cryptos require to stay relevant.  I have a website all set up for gift card exchanges for particle but I fear it would just be a massive cash dump for the hundreds of silent users that are sitting on 100k+ particle.

Hopefully something happens in the near future that proves me completely wrong.  I have my doubts though.

Quote me on this, if I'm wrong I'll eat my crow, "in 1 week, the price is below 0.00000100 btc, in 4 weeks .00000010"

For the record ... I write a lot of software.   Yes there is innovation, but there are some major problems with the particle wallet too, for example it has a minimum height that is too big for many smaller computers.   I realized it can be changed, but like most crypto coins, it isn't great yet.

Sounds like you are sitting on a few million particles.    I'm not saying there wasn't innovation, I'm saying it wasn't set up to be fair. 

I think that a coin that takes some of the innovations and is also fair will really clean up.   Giving an unfair advantage to the first miners is no longer a valid thing to do.   The advantage should only be they get more coins because there were fewer miners at the time.   

I'm just disappointed to see this coin already dying.   What are you going to market?   Come mine this coin for a token of the awards that were already handed out.   The wallet isn't enough to carry the coin you also need a network of miners.

Particle Wallet is nice
There are a lot of innovation
if Particle is dead, other suck coins will be dead too.
sorry for my poor English.

you are so funny,Particle Wallet is so great,moonmoon work hard

if you want more rewards,just go to mine other suck coins

plz

I got to the party late and this is an innovative coin, but it is dying now.   There reason is very simple, there isn't any rewards for mining it.   The schedule was set up to only help the devs and few that could mine right away, now when the network is needed there isn't any reward for mining.   This coin will die unless something is done.   

The first awards should have been much lower for a much longer period of time.   500 coins for the first 1000000 blocks and then having, etc.  Then there would have long term incentive to keep the network going.   

The real problem with this coin is the first miners were given insanely high rewards and it quickly dropped to absurdly low rewards.   The coin would be far better of if it had been 500 coins per block for a much longer time instead of the exponential decay award scheme that was used.   Now there is little incentive to keep mining.   

Truce. I was offended by your rude response to bittick first... and so the chain of negativeness started!

All good now and all be better tomorrow. I'm going to start working on thread  BBcode and wallet mockup redesign, if I survive work meeting, which will surely be a complete waste of time.

Truce.  I was offended by your rude response to me, so I responded in kind.

Go PRT.

+1

Well, he's right, because I did misinterpret CoinMarket.io sentence about confirmations due to the lack of knowledge on how altcoin works, since I thought that exchanges set confirmation requirements, not coin developers. But that unnecesarry aggressive tone and personal attacks really grinds my gears today.

So, anyway, time to regroup, I think. This week is a Particle marketing week!

Before you go correcting someone elses english, you should have correct grammar as well. "are you english..." is not correct.

Nothing to add.
The work makes the value. Not the block rewards in early mining.
Big rewards are bonus at start. For people who took the risk in the first day.
Now everything is in your hands.
Let's go mining and trading!

no matter how harsh this sounds (and it really does), I also believe you are right.
Now... First I want to say that I really wish PRT value to grow, and I see DEVs are doing a great job. I know things like this take time, and I'm patient.
but
PRT doesn't have any publicity. Volume on exchanges is just pathetic. Just some random trades on coinedup, and nothing else. Trades are so rare and overall volume is so low. You can see the candlestick chart is useless. No pattern, no rules. Who would want to invest in something totally non predictable? I am in this almost from the beginning, so I know the whole story and I know now is probably good time to buy, but what about someone who didn't read this thread? He doesn't know anything about the new wallet. He doesn't know why PRT will be so special. There is no reason for him to buy. Especially with the trend of price going down and PRT being canceled from exchanges.

That's why I ask all of you to get together and make a brand here. Snotty's logo is just great. Let's accept it and start from there.

To tell the truth, if someone like bittick asked me just like that to give him money for a campaign (and also in advance), I'd probably tell him to *uck off, but the more he posts here the more I trust him. I've been living of a marketing specialist's salary for years. Done that, but for me it's enough. No more inspiration. But I understand bitticks attitude and all he said until now. And the other thing - no one else applied for that job.

On the other hand I understand the DEVs. PRT is their baby and sometime is hard to let another person take your project's fate into their hands, but no moonmoon or anyone can do this all alone.

To everyone - this is the moment of decision. Act now or say good bye to PRT. Peaceful times of mining for big rewards is finished. It's time to build the value and cash in millions!

P.S. English is also my second language, but I think you've got the point here.

Yes, in fact, I am english as a second language.

100 confirmations is a bit extreme.