Thanks for the thought,
But I have been watching PND since the POS switch
When PND switched from POW to POS,
PND was at 35 litoshi (Right before the Pump) POW to POS Switch
Then it was at 4 satochi per PND in May . (Before the Dump started on Mintpal.)
Now in the Month of July , it stayed almost at 1 satochi the whole time.
Big announcement with takes 30 days to announce , and now Aug 24 back up to 4 satochi.
Smells like pump & dump.
But here hoping , that it is not, We will know for sure by Oct 1st.
Hey if they up the interest rate to 5% or more and remove the issue of having to have your wallet connected all of the time for staking , then I might even take another look at it.
Good Luck To You Guys Either Way.
P.S.
Still like the Bears
First of all, that's your opinion, I think the devs have proving that it's quite the opposite of a pump and dump coin. Even when prices were low, they kept working on it.
5% interest rate would at the same time also cause 5% inflation which for us is too much. We've picked 2,5% for a reason. Staking without having the wallet open makes no sense, it's like asking the bank to give interest on money that you don't have in your bankaccount. The reason why you get interest is for keeping your wallet open, what is the true reason why you should keep your wallet open? To keep the network secure, the more people that have their wallet open, the more secure the network is and the less chance there is of double spend attacks.
We have a POS difficult of around 500-700. Other coins have a POS difficulty of less than 1. Their network is not secure at all and vulnerable for double spend.