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Topic: [PND]Pandacoin | First Hybrid Wallet | 5000% Faster Blockchain Download | Instant Sync - page 112. (Read 1358977 times)

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Activity: 113
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if this is so, expect large influx into crypto.
just in time for pnd's new release, no? Grin
http://www.examiner.com/article/bank-deposits-will-soon-no-longer-be-considered-money-but-paper-investments


    "On Sunday in Brisbane the G20 will announce that bank deposits are just part of commercial banks’ capital structure, and also that they are far from the most senior portion of that structure. With deposits then subjected to a decline in nominal value following a bank failure, it is self-evident that a bank deposit is no longer money in the way a banknote is. If a banknote cannot be subjected to a decline in nominal value, we need to ask whether banknotes can act as a superior store of value than bank deposits? If that is the case, will some investors prefer banknotes to bank deposits as a form of savings? Such a change in preference is known as a "bank run."

    Each country will introduce its own legislation to effect the ‘ bail-in’ agreed by the G20 this coming weekend.

    Large deposits at banks are no longer money, as this legislation will formally push them down through the capital structure to a position of material capital risk in any "failing" institution. In our last financial crisis, deposits were de facto guaranteed by the state, but from November 16th holders of large-scale deposits will be, both de facto and de jure, just another creditor squabbling over their share of the assets of a failed bank." - Zerohedge


This is.. massive. I can't really express how I feel about this, just shocked. Though not really, since these people have been working to enslave the masses for so long, they are just ramping it up.
They know that the real crash is coming soon.

Seriously this is hilarious. The wealthy will be fleecing the rich. Fucking Zombiebanks. Pour it all down the black hole called Derivatives.
"...$1.5 quadrillion derivatives bubble..." - Webster Tarpley
1.5 quadrillion lol!
member
Activity: 61
Merit: 10
if this is so, expect large influx into crypto.
just in time for pnd's new release, no? Grin
http://www.examiner.com/article/bank-deposits-will-soon-no-longer-be-considered-money-but-paper-investments


    "On Sunday in Brisbane the G20 will announce that bank deposits are just part of commercial banks’ capital structure, and also that they are far from the most senior portion of that structure. With deposits then subjected to a decline in nominal value following a bank failure, it is self-evident that a bank deposit is no longer money in the way a banknote is. If a banknote cannot be subjected to a decline in nominal value, we need to ask whether banknotes can act as a superior store of value than bank deposits? If that is the case, will some investors prefer banknotes to bank deposits as a form of savings? Such a change in preference is known as a "bank run."

    Each country will introduce its own legislation to effect the ‘ bail-in’ agreed by the G20 this coming weekend.

    Large deposits at banks are no longer money, as this legislation will formally push them down through the capital structure to a position of material capital risk in any "failing" institution. In our last financial crisis, deposits were de facto guaranteed by the state, but from November 16th holders of large-scale deposits will be, both de facto and de jure, just another creditor squabbling over their share of the assets of a failed bank." - Zerohedge


This is.. massive. I can't really express how I feel about this, just shocked. Though not really, since these people have been working to enslave the masses for so long, they are just ramping it up.
They know that the real crash is coming soon.
full member
Activity: 158
Merit: 100
bdanyo, please let me know when you're intending to translate the crypto crash course or the website to german, i could help you.

i'm conscious that it won't be on your agenda for near future, but who knows how fast we grow.

Thanks Donacid, we will keep that in mind. Though we had considered German translation before, but brief research indicates most from Germany are proficient in English? What are your thoughts on that?

Sorry for the late response. Yeah i think most people who live german speaking countries are intermediate or advanced english speakers. But what i also have to mention is, that when someone never heard something about cryptos for example, it's very helpful that he/she has a tutorial in his/her native language.

I don't have the best english and for me it was a pain in the ass to learn something about the cryptocurrencies when i first heard of it. It's not about the difficulty of the topic, but when you don't have the information that you are looking for in your native language, your time effort grows much bigger.

PND aims for the mass, which means that most people who will get into PND never heard of cryptos before. So i think most people will get pissed off, because the information that the want is only available in a foreign language, which means it's a lot of more work for them until they can decide if the product will fit for their interests.

Short said, you have to keep it simple if you want to gain attraction from new potential customers, this includes also that they have to feel as comfortable as possible when they want to learn something about your product.

full member
Activity: 196
Merit: 100
Pandacoin (PND) development team member
Here's some of my idea for a nicer looking QR-Code:





Disclaimer: This is all generated by Unitag. You can make your very own stylish QR code featuring PND!

Any updates on this cadexn?
sr. member
Activity: 350
Merit: 250
Super Smash Bros. Ultimate Available Now!
Hello, hopefully some one can help me. I am trying to encrypt my Pandabank wallet but the option under settings is greyed out. How do I proceed? Any help very much appreciated x
Maybe just restart the wallet. I never heard that before...

also see if you can click on the yellow "Lock" button on top right of the pandabank wallet

If I did that would I still be staking?

you just have to unlock to stake
newbie
Activity: 29
Merit: 0
Hello, hopefully some one can help me. I am trying to encrypt my Pandabank wallet but the option under settings is greyed out. How do I proceed? Any help very much appreciated x
Maybe just restart the wallet. I never heard that before...

also see if you can click on the yellow "Lock" button on top right of the pandabank wallet

If I did that would I still be staking?
sr. member
Activity: 490
Merit: 250
if this is so, expect large influx into crypto.
just in time for pnd's new release, no? Grin
http://www.examiner.com/article/bank-deposits-will-soon-no-longer-be-considered-money-but-paper-investments


    "On Sunday in Brisbane the G20 will announce that bank deposits are just part of commercial banks’ capital structure, and also that they are far from the most senior portion of that structure. With deposits then subjected to a decline in nominal value following a bank failure, it is self-evident that a bank deposit is no longer money in the way a banknote is. If a banknote cannot be subjected to a decline in nominal value, we need to ask whether banknotes can act as a superior store of value than bank deposits? If that is the case, will some investors prefer banknotes to bank deposits as a form of savings? Such a change in preference is known as a "bank run."

    Each country will introduce its own legislation to effect the ‘ bail-in’ agreed by the G20 this coming weekend.

    Large deposits at banks are no longer money, as this legislation will formally push them down through the capital structure to a position of material capital risk in any "failing" institution. In our last financial crisis, deposits were de facto guaranteed by the state, but from November 16th holders of large-scale deposits will be, both de facto and de jure, just another creditor squabbling over their share of the assets of a failed bank." - Zerohedge

I've got enough of this bullshit.

sr. member
Activity: 350
Merit: 250
Super Smash Bros. Ultimate Available Now!
Hello, hopefully some one can help me. I am trying to encrypt my Pandabank wallet but the option under settings is greyed out. How do I proceed? Any help very much appreciated x
Maybe just restart the wallet. I never heard that before...

also see if you can click on the yellow "Lock" button on top right of the pandabank wallet
sr. member
Activity: 454
Merit: 250
THE TIME HAS COME...
Hello, hopefully some one can help me. I am trying to encrypt my Pandabank wallet but the option under settings is greyed out. How do I proceed? Any help very much appreciated x
Maybe just restart the wallet. I never heard that before...
full member
Activity: 232
Merit: 100
if this is so, expect large influx into crypto.
just in time for pnd's new release, no? Grin
http://www.examiner.com/article/bank-deposits-will-soon-no-longer-be-considered-money-but-paper-investments


    "On Sunday in Brisbane the G20 will announce that bank deposits are just part of commercial banks’ capital structure, and also that they are far from the most senior portion of that structure. With deposits then subjected to a decline in nominal value following a bank failure, it is self-evident that a bank deposit is no longer money in the way a banknote is. If a banknote cannot be subjected to a decline in nominal value, we need to ask whether banknotes can act as a superior store of value than bank deposits? If that is the case, will some investors prefer banknotes to bank deposits as a form of savings? Such a change in preference is known as a "bank run."

    Each country will introduce its own legislation to effect the ‘ bail-in’ agreed by the G20 this coming weekend.

    Large deposits at banks are no longer money, as this legislation will formally push them down through the capital structure to a position of material capital risk in any "failing" institution. In our last financial crisis, deposits were de facto guaranteed by the state, but from November 16th holders of large-scale deposits will be, both de facto and de jure, just another creditor squabbling over their share of the assets of a failed bank." - Zerohedge
sr. member
Activity: 322
Merit: 250
Pandacoin (PND) development team member
Guys is the update coming yet?  Huh Huh

Is amDoge ok?  Huh Huh Huh Huh

Pretty sure they're busy working on the software and bug testing before the final rollout!

Correct. This isn't just a small 'add on' that we are doing or copying another coin's code. We are essentially rewriting the wallet internals, so we have to make sure it has been stress tested properly before crypto-journalists, the community and other altcoin dev teams have a look at it to maintain our reputation as a team capable of releasing original and innovative technological advancements to push the entire industry forward.

That being said, we've invited a couple of beta testers from the community and they've witnessed first hand full synchronization and downloading of blockchain in under 5 minutes Smiley

Please be patient, releasing a beta version with bugs intact is no good here as we'll be releasing something that every single cryptocurrency existing today and in the future SHOULD be incorporating it into their wallet codes.
sr. member
Activity: 350
Merit: 250
Super Smash Bros. Ultimate Available Now!
Guys is the update coming yet?  Huh Huh

Is amDoge ok?  Huh Huh Huh Huh

Pretty sure they're busy working on the software and bug testing before the final rollout!
full member
Activity: 122
Merit: 100
Guys is the update coming yet?  Huh Huh

Is amDoge ok?  Huh Huh Huh Huh
full member
Activity: 226
Merit: 100
bdanyo, please let me know when you're intending to translate the crypto crash course or the website to german, i could help you.

i'm conscious that it won't be on your agenda for near future, but who knows how fast we grow.

Thanks Donacid, we will keep that in mind. Though we had considered German translation before, but brief research indicates most from Germany are proficient in English? What are your thoughts on that?

If needed i can help with French. My daughter lives in paris and is fluent.
sr. member
Activity: 560
Merit: 250
Hi Pandas,

I started getting this error today in Pandabank and it won't start successfully now:



I have tried uninstall and install but still no go. Any ideas?

EDIT: Nevermind
1) Renamed C:\Users\\AppData\Roaming\Pandacoin to PandacoinBackup
2) Start pandabank and it created the C:\Users\\AppData\Roaming\Pandacoin directory again
3) Close pandabank, copy wallet.dat from C:\Users\\AppData\Roaming\PandacoinBackup to C:\Users\\AppData\Roaming\Pandacoin
4) Started pandabank again and now it's synchronizing

This issue has been fixed a while ago. May I ask which version of Pandabank you're using?
sr. member
Activity: 294
Merit: 250

First and foremost would like to thank you for your support and feedback PhiPhi. I would like to address multiple points raised in your thoughtful and detailed post.

The current infrastructure that you see today is just the start. Like any start up company, a foundation is required to be built in order to initially acquire marketshare and users by positioning themselves with key product differentiation (Easy to use, mine, buy and understand) in a highly competitive market.

Our approach to developments consists of a mixture of reactive listening to (certain) feedback from our community, mixed in with our own internal analysis of the current space, and anticipation/projection of upcoming trends in regards to the direction that the entire digital decentralized currency space is heading overall.

What you see existing today is just the tip of the iceberg, and the existing infrastructure will be continually improved in the direction that we have marketed - simplicity and ease of use, without sacrificing being behind in core technologies (ie dogecoin and bitcoin's stagnation in technological improvements). Our motive is to solve existing and future problems for the end user that usually saturates any new and developing space. We had chosen strategically to develop certain projects first and in a certain chronological order with intention to have Pandacoin as a more marketable 'product' by focusing on making it easy for the average Joe's and Jane's to get acquainted with the exciting world of cryptocurrencies.

That being said, we have the following remarks as per your feedback -

Crypto Crash Course - This is where a short video series will be produced, in order to summarzie and simplify the commonly perceived difficult technical concepts in approximately 2-3 mins each. A visual medium backed by graphics is superior to text based explanations.

Pandacoin Homepage Language support - We already are working on Spanish, Traditional Chinese and Simplified Chinese translation and support of the homepage, along with ALL of the Crypto Crash Course materials, and PandaBank. This is a continual work in progress, and all major language supports will be added over time.

IRC - The very nature of having usage of IRC by our community is due to the nature of most early adopters of cryptocurrencies - they are more tech inclined and savvy. We have intentions to grow and cultivate our communities in social mediums that are more mainstream. These include - Reddit, Facebook, Twitter and our very own forum that will be released along with the crowdsourcing platform where users will be able to interact with the development team and suggest ideas for projects to host on the platform.

PandaBank - Your suggestion is in our development roadmap ahead. Again as previously stated, we have so many projects to work on, but we have to remain disciplined and do it in the strategic order as decided by the team that will benefit the community the most, bring in new users and position ourselves as thought leaders in the space.

Sign Message and Verify - Please elaborate, as in the uses of it are not clearly defined from the user's perspective?

BuyPND - We are aware of the issues of with it. Options are being investigated to make it easier for new comers to obtain PNDs. We agree that it is an essential piece of the puzzle, and rest assured that we are taking this very seriously to ensure that new users don't have to go through the complicated process of obtaining their PND via exchanges. Though looking at sales data for BuyPND, sales are still very strong, with a 67% growth in sales volume compared to the month before. Most overlook the fact that a LARGE majority of the volume is being transacted there currently, which speaks volumes (pun unintended) about the type of users that we are starting to get into.

I repeat - we will do something about this, and this is classed as a high priority concern for our team.

Mobile - The future of cryptocurrency is going to be battled out on the mobile platform, when purchases with cryptocurrencies occur at brick and mortar stores become common place. We are hyper-aware of this, and we have very interesting world first developments to pursue later down the track regarding mobile applications and how future users can interact with Pandacoin when they are out and about. Again I would like to refer to my previous statement of having a strategic development order to pursue.


Nice post bdanyo Smiley
sr. member
Activity: 322
Merit: 250
Pandacoin (PND) development team member
bdanyo, please let me know when you're intending to translate the crypto crash course or the website to german, i could help you.

i'm conscious that it won't be on your agenda for near future, but who knows how fast we grow.

Thanks Donacid, we will keep that in mind. Though we had considered German translation before, but brief research indicates most from Germany are proficient in English? What are your thoughts on that?
full member
Activity: 122
Merit: 100
full member
Activity: 158
Merit: 100
bdanyo, please let me know when you're intending to translate the crypto crash course or the website to german, i could help you.

i'm conscious that it won't be on your agenda for near future, but who knows how fast we grow.
member
Activity: 135
Merit: 10
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Bdanyo

Thank you for your careful, considered and very timely response.

I'm satisfied.
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