0.2 BTC 24H volume on YoBit 
Things start moving to right direction
at the same time and many buy if the dev pnd buy? Things start moving to right direction
Topic: ★★★ PandaCoin [PND] ★★★ New devs, old community ★ 100,000 PND burned every day - page 12. (Read 42720 times)
January 21, 2016, 10:07:18 AM
January 21, 2016, 09:50:25 AM
0.2 BTC 24H volume on YoBit
Things start moving to right direction
Things start moving to right direction
January 21, 2016, 09:44:03 AM
Nice.. Still holding 35 million of these myself 
Just a sidenote... Lets do some math here..
There is a total of 32 billion coins
We stake at a 2.5% rate a year.
That is a shocking 800 Million new PND each year through staking IF the whole supply is staking.
Now that is never the case, so lets make that 1/4
200 million new PND a year.
200million / 365 = 547945.2054794521 PND a day..
So to make a difference with burning coins.. There needs to be a lot of coins burned each day.. Just saying..
Just a sidenote... Lets do some math here..
There is a total of 32 billion coins
We stake at a 2.5% rate a year.
That is a shocking 800 Million new PND each year through staking IF the whole supply is staking.
Now that is never the case, so lets make that 1/4
200 million new PND a year.
200million / 365 = 547945.2054794521 PND a day..
So to make a difference with burning coins.. There needs to be a lot of coins burned each day.. Just saying..
Dev says a few monts ago that many billions (5 billions or more) will be burned once he start
swap and launch new coin. This 100,000 PND burning per day is just a little test, if I understand well.
PND will be swapped for new coin in 1000:1 ratio (or 10000:1)
January 21, 2016, 03:20:41 AM
Nice.. Still holding 35 million of these myself
Just a sidenote... Lets do some math here..
There is a total of 32 billion coins
We stake at a 2.5% rate a year.
That is a shocking 800 Million new PND each year through staking IF the whole supply is staking.
Now that is never the case, so lets make that 1/4
200 million new PND a year.
200million / 365 = 547945.2054794521 PND a day..
So to make a difference with burning coins.. There needs to be a lot of coins burned each day.. Just saying..
Just a sidenote... Lets do some math here..
There is a total of 32 billion coins
We stake at a 2.5% rate a year.
That is a shocking 800 Million new PND each year through staking IF the whole supply is staking.
Now that is never the case, so lets make that 1/4
200 million new PND a year.
200million / 365 = 547945.2054794521 PND a day..
So to make a difference with burning coins.. There needs to be a lot of coins burned each day.. Just saying..
January 21, 2016, 03:09:01 AM
Burning day Nr. 5 
100,000 PND burned
Total burned ammount: 500,000
https://bchain.info/PND/tx/eb19c1c6e74d4a47ad0d81cf7fb031b2c77fd55c7b3860a3dfacee0bbf05265f
100,000 PND burned
Total burned ammount: 500,000
https://bchain.info/PND/tx/eb19c1c6e74d4a47ad0d81cf7fb031b2c77fd55c7b3860a3dfacee0bbf05265f
The burning of the coin continues. Thank you Dev. It's a good news.
January 20, 2016, 12:33:35 PM
Burning day Nr. 5
100,000 PND burned
Total burned ammount: 500,000
https://bchain.info/PND/tx/eb19c1c6e74d4a47ad0d81cf7fb031b2c77fd55c7b3860a3dfacee0bbf05265f
100,000 PND burned
Total burned ammount: 500,000
https://bchain.info/PND/tx/eb19c1c6e74d4a47ad0d81cf7fb031b2c77fd55c7b3860a3dfacee0bbf05265f
January 20, 2016, 12:30:24 PM
... we
launch ICO for new coin. Just be patient for next few months
launch ICO for new coin. Just be patient for next few months
what does it mean? double scam? is it an attempt to redeem the PND for a new shitcoins? what is the guarantee that all of PND will be destroyed?
As you see, we are curently in process of burning PandaCoin.
Burning address we use is:
https://bchain.info/PND/addr/P8bB9yPr3vVByqfmM5KXftyGckAtAdu6f8
If you look at address hash, you will notice that hash is:
0000000000000000000000000000000000000000
That prove that balance from this address is unspendable.
Once we start swap for new coin, users need to send
PND directly to similar address (generated specialy for swap)
and register their new coin address via form.
Coin will be sent to users after coin launch.
January 20, 2016, 05:52:44 AM
... we
launch ICO for new coin. Just be patient for next few months
launch ICO for new coin. Just be patient for next few months
what does it mean? double scam? is it an attempt to redeem the PND for a new shitcoins? what is the guarantee that all of PND will be destroyed?
January 19, 2016, 09:58:47 AM
I see that cryptocurrencies is something new for you.
I sugest you to read this glossary:
http://www.coindesk.com/information/bitcoin-glossary/
I sugest you to read this glossary:
http://www.coindesk.com/information/bitcoin-glossary/
January 19, 2016, 07:10:21 AM
hello, i have a question with the burn system,
i have 3 million pnd coins. can i lost my coins with the burning?
sry for my bad english
i have 3 million pnd coins. can i lost my coins with the burning?
sry for my bad english
You cant loose your Pandacoins.
We burn our coins generated by staking, from our wallet.
Burning mean that its impossible to spend burned coins,
so other Pandacoins of other users becoming more valueable
If only you know private key of your wallet, your coins are safe.
For latest updates, follow us on twitter:
https://twitter.com/PandacoinTeam
All my PND coins are on my wallet. What is a private key?
January 19, 2016, 02:18:40 AM
hello, i have a question with the burn system,
i have 3 million pnd coins. can i lost my coins with the burning?
sry for my bad english
i have 3 million pnd coins. can i lost my coins with the burning?
sry for my bad english
You cant loose your Pandacoins.
We burn our coins generated by staking, from our wallet.
Burning mean that its impossible to spend burned coins,
so other Pandacoins of other users becoming more valueable
If only you know private key of your wallet, your coins are safe.
For latest updates, follow us on twitter:
https://twitter.com/PandacoinTeam
January 18, 2016, 05:54:25 PM
hello, i have a question with the burn system,
i have 3 million pnd coins. can i lost my coins with the burning?
sry for my bad english
i have 3 million pnd coins. can i lost my coins with the burning?
sry for my bad english
January 18, 2016, 01:24:17 PM
Oh, forget to mention...
we burn 100,000 PND again:
https://bchain.info/PND/addr/P8bB9yPr3vVByqfmM5KXftyGckAtAdu6f8
Total PND burned: 300,000
we burn 100,000 PND again:
https://bchain.info/PND/addr/P8bB9yPr3vVByqfmM5KXftyGckAtAdu6f8
Total PND burned: 300,000
January 18, 2016, 01:19:36 PM
Another 100,000 PND burned a few minutes ago:
https://bchain.info/PND/addr/P8bB9yPr3vVByqfmM5KXftyGckAtAdu6f8
Total burned Pandacoins: 200,000
New burn tommorow
https://bchain.info/PND/addr/P8bB9yPr3vVByqfmM5KXftyGckAtAdu6f8
Total burned Pandacoins: 200,000
New burn tommorow
Ok now it is getting interesting, we can see 5-10 satoshi PND in notime with this pace, keep buying PND:
https://yobit.net/en/trade/PND/BTC
LoL you make me laugh everytime I read your post in this thread
Dev burn coins every day, and thats good thing, but Pandacoin need a lot of work
to raise to 10 sat.
Actualy, we think it will be easy to reach 7-10 satoshi once we
launch ICO for new coin. Just be patient for next few months
January 18, 2016, 09:13:01 AM
Another 100,000 PND burned a few minutes ago:
https://bchain.info/PND/addr/P8bB9yPr3vVByqfmM5KXftyGckAtAdu6f8
Total burned Pandacoins: 200,000
New burn tommorow
https://bchain.info/PND/addr/P8bB9yPr3vVByqfmM5KXftyGckAtAdu6f8
Total burned Pandacoins: 200,000
New burn tommorow
Ok now it is getting interesting, we can see 5-10 satoshi PND in notime with this pace, keep buying PND:
https://yobit.net/en/trade/PND/BTC
LoL you make me laugh everytime I read your post in this thread
Dev burn coins every day, and thats good thing, but Pandacoin need a lot of work
to raise to 10 sat.
January 18, 2016, 03:51:33 AM
Another 100,000 PND burned a few minutes ago:
https://bchain.info/PND/addr/P8bB9yPr3vVByqfmM5KXftyGckAtAdu6f8
Total burned Pandacoins: 200,000
New burn tommorow
https://bchain.info/PND/addr/P8bB9yPr3vVByqfmM5KXftyGckAtAdu6f8
Total burned Pandacoins: 200,000
New burn tommorow
Ok now it is getting interesting, we can see 5-10 satoshi PND in notime with this pace, keep buying PND:
https://yobit.net/en/trade/PND/BTC
January 17, 2016, 10:07:56 PM
It has 24 votes Pandacoin
if any one is interested in the development of coins vote, it would be a good progression.
January 17, 2016, 12:13:57 PM
Another 100,000 PND burned a few minutes ago:
https://bchain.info/PND/addr/P8bB9yPr3vVByqfmM5KXftyGckAtAdu6f8
Total burned Pandacoins: 200,000
New burn tommorow
https://bchain.info/PND/addr/P8bB9yPr3vVByqfmM5KXftyGckAtAdu6f8
Total burned Pandacoins: 200,000
New burn tommorow
January 17, 2016, 12:00:09 PM
Vote for Pandacoin https://safecex.com/coin/add?q=PND
January 17, 2016, 11:16:11 AM
Jump to: