Is peercoin good coin to invest in? | Bitcointalksearch.org

Bizmark13

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Quote from: arieq on January 09, 2015, 06:50:18 PM

People are bagholding PPC from when it shot to 2 dollars and was back at 50 cents a few days later... The great trap of 2014

If nubits were worth anything that would reflect in a strong PPC, but as of lately all its dome is go down down down. this sounds like a pump and dump scheme to me

The purpose of NuBits is to keep a value consistent to that of the US dollar and it has performed this job very well since it was launched. I think there is a value in having a crypto that is stable to the USD and it, along with BitUSD, serve to fulfill this demand.

As for the Peercoin pump during the run-up to the NuBits launch, well yeah, that was definitely a pump. And what follows a pump is always a dump. It's hard to say if this is the bottom or not since all cryptos have been performing terribly in the past 12 months. Peercoin isn't an exception.

arieq

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People are bagholding PPC from when it shot to 2 dollars and was back at 50 cents a few days later... The great trap of 2014

If nubits were worth anything that would reflect in a strong PPC, but as of lately all its dome is go down down down. this sounds like a pump and dump scheme to me

iGotSpots

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Peercoin, unfortunately, has quickly become outdated

merockstar

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If you're really only interested in coins that are at least two years old then Peercoin is the only option that both brings something new and useful to the table, and meets your age requirement.

Keep an eye on BitShares through the next year until it's birthday. it's getting close to a year old. that's my pick.

i'd keep an eye on Nxt, Ethereum, and Counterparty until they meet your two year requirement as well.

Bizmark13

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Quote from: bitcon on January 03, 2015, 10:52:22 PM

peercoin [ppc] making a strong comeback from todays drop.

It's still hovering at 51 cents. It's value hasn't changed much when priced at BTC though:

pragmatic gut

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Nushares rely on a custodian which falls short a "trustless" model .... "trustless" being the goal ..... so .... the only thing out there is Bitshares .....

.... whenever and if Truthcoin comes out .... this may be even better than Bitshares ...

i am a big Ethereum fan .....

...

other coins ... how about Franko? .... or HBN ... or TEK ..... these being coins with good roll outs ....

bitcon

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peercoin [ppc] making a strong comeback from todays drop.

bitbaby

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Not an expert on altcoins but if I were you I wouldn't invest $1000 in any of them.

MS.drawing

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Quote from: K210 on December 06, 2014, 08:59:35 PM

Thinking about investing $1000 into peercoin, is it a good coin to invest in or should i go for something else? If your going to suggest another coin make sure it is at least 2 years old, i dont put serious money into anything that is less than 2 years old no matter how good it is.

I think there is better invest than invest in peercoin, just a opinion.Worldcoin is not bad actually

tokeweed

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break your two year rule and go for NXT, it could be starting a new uptrend.

would also want to recommend XRP and STR but those already have risen a lot. BTS is also good, but it's flat right joe. so NXT is a good bet. also noticed their devs have been aggressive with their updates which is good to see.

Agestorzrxx

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Quote from: K210 on December 06, 2014, 08:59:35 PM

Thinking about investing $1000 into peercoin, is it a good coin to invest in or should i go for something else? If your going to suggest another coin make sure it is at least 2 years old, i dont put serious money into anything that is less than 2 years old no matter how good it is.

NO, it's a bad choice to invest into PPC.
The reason is the mechanism is wrong, it will going to die.
Think about the interest of ppc, it's seems great, but it's not.
It like a perpetual motion.
Nobody pay the interest, it's just came out, as follow from the sky.
The amount of PPC is infinite.

bitcon

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peercoin (PPC) its holding strong around .57 while Litecoin dives.

K210

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Okay i took the plunge, i am now the owner of 714 peercoin. I choose to go ahead with ppc because i honestly think it has a future and it will always have a purpose in the form of nushares as someone in this thread said. It will be interesting to see how much 714 ppc is worth in a couple of years time.

billotronic

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lalakies23

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Peercoin is the best. If you have 1000$ and you want to put them in a crypto, peercoin shall be your first choice. (I've been in cryptos from the beggining and PPC is the only crypto i embrace from this point and beyond)

HeroCat

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This is very hard to say - in which coins to invest and then make profit. You can make very easily mistake - there are a lot of coins. One of main question is - what is your profit expectation on this. PM me, if you want more detailed info.

Yurizhai

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Quote from: smalltimer on December 06, 2014, 11:55:05 PM

^
peercoin nubits shill hype spammer

@OP
there are worse coins than PPC to put money on but also better ones Grin

What I just said was 100% true and a fact. NuShare dividend payments are made only in PPC. The last dividend payment 2 weeks ago had $50,000 worth of PPC bought off the open market and given to shareholders. As the Nu network expands and finds more ways to generate revenue, dividends will come out faster. PPC will always be at least used for that purpose.

smalltimer

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^
peercoin nubits shill hype spammer

@OP
there are worse coins than PPC to put money on but also better ones Grin

Yurizhai

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Because NuShare dividend payments are only made in Peercoins, Peercoin will never die. This can't be said for a lot of cryptos out there. Even if literally no one used PPC outside of dividends, it still means it has a guaranteed use for the foreseeable future.

El Dude

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Quote from: Roast-Toast on December 06, 2014, 09:47:51 PM

In all honesty, PeerCoin is somewhat defunct at this point. Their currency and economy has been on a decline for a while. Perhaps, you should take a look at Ripple. Their Market Capitalization is second only to Bitcoin. The value of Ripple is also rising again. Take a look. Might not be 2 years old. Not sure, a google search will help. But they are a coin veteran.

Perhaps try your luck with Dogecoins, but their value has been very turbulent as of late.

Maybe, don't limit your options to old coins. There are many new, prominent coins with great potential.

lol two horrible choices , what terrible advice.

Topic: Is peercoin good coin to invest in? (Read 2901 times)