Topic: [POLL] [PPC] When will Peercoin reach dollar parity? (Done 2013-11-21!) - page 2. (Read 4570 times)
November 16, 2013, 10:07:59 AM
...and interestingly it is performing better than some other alt coins. In fact it seems to keep Bitcoin's pace quite well. The trading pair BTC/PPC is remarkably stable. Assuming it stays this way, another USD 200 to BTC price might bring PPC across the USD 1 limit
November 15, 2013, 02:47:54 PM
It is rising slowly.
November 15, 2013, 01:22:29 PM
Now at coinmarketcap the calculated price has passed $ 0.71 (~ 0.00165 * 430, Bitstamp price).
At Crypto-trade, it is at 0,67, with a healthy-looking order book:
https://crypto-trade.com/trade/ppc_usd
I observed that PPC often follows the price movements of BTC, but in a more "smooth" way. So when there is a BTC rally, PPC also goes up against fiat but not so steeply, but when BTC crashes, PPC goes up against BTC. So PPC price is slightly more stable than BTC's. It has its own dynamics though, like in the June dip and at the September rally to the PPC/BTC All-time-high of 0.0043.
PPC/USD at crypto-trade is doing fairly well, it's easy to use it with OKPay (even lower fees than BTCE) and you get good prices, a bit lower than if you do the conversion BTC/USD and PPC/BTC at BTC-E.
At Crypto-trade, it is at 0,67, with a healthy-looking order book:
https://crypto-trade.com/trade/ppc_usd
So far it seems like BTC is decreasing and PPC is decreasing as well. I would think that ppc would be rising vs btc as btc is going down.
We need ppc/usd, eur, rur at btc-e. This would add a lot more stability. It sort of makes me mad that they still don't have at least ppc/usd trading pair yet.
We need ppc/usd, eur, rur at btc-e. This would add a lot more stability. It sort of makes me mad that they still don't have at least ppc/usd trading pair yet.
I observed that PPC often follows the price movements of BTC, but in a more "smooth" way. So when there is a BTC rally, PPC also goes up against fiat but not so steeply, but when BTC crashes, PPC goes up against BTC. So PPC price is slightly more stable than BTC's. It has its own dynamics though, like in the June dip and at the September rally to the PPC/BTC All-time-high of 0.0043.
PPC/USD at crypto-trade is doing fairly well, it's easy to use it with OKPay (even lower fees than BTCE) and you get good prices, a bit lower than if you do the conversion BTC/USD and PPC/BTC at BTC-E.
November 13, 2013, 05:12:39 PM
whatever the price in the near future, ppc has come a long way for a 1 year old coin.
i believe this coin has a great future.
i believe this coin has a great future.
That it has.
Version .4 is coming pretty soon too
November 13, 2013, 03:37:23 PM
whatever the price in the near future, ppc has come a long way for a 1 year old coin.
i believe this coin has a great future.
i believe this coin has a great future.
November 13, 2013, 10:30:52 AM
Possibly December, Q1 2014 most likely.
November 13, 2013, 09:47:34 AM
The whole market is just so volatile it's so hard to say. It will hit a 1$ at some point though; that's for sure.
November 13, 2013, 09:13:34 AM
Depending on the exchange(s) you look at and the trade pair, PPC has reached the price level of USD 0.67!
This is what you get, if you exchange PPC to BTC at btc-e (current rate 0.00175 BTC/PPC), transfer the BTC to bitstamp (current rate 383 USD/BTC) and trade them for USD there.
If you were crazy enough for trying to get your USD via mtgox, you could even get USD 0.72 per PPC with the current rate of 415 USD/BTC at gox.
This is what you get, if you exchange PPC to BTC at btc-e (current rate 0.00175 BTC/PPC), transfer the BTC to bitstamp (current rate 383 USD/BTC) and trade them for USD there.
If you were crazy enough for trying to get your USD via mtgox, you could even get USD 0.72 per PPC with the current rate of 415 USD/BTC at gox.
November 11, 2013, 07:27:52 AM
Depending on the exchange(s) you look at and the trade pair, PPC has crossed the price level of USD 0.60!
This is what you get, if you exchange PPC to BTC at btc-e (current rate 0.00186 BTC/PPC), transfer the BTC to bitstamp (current rate 330 USD/BTC) and trade them for USD there.
This is what you get, if you exchange PPC to BTC at btc-e (current rate 0.00186 BTC/PPC), transfer the BTC to bitstamp (current rate 330 USD/BTC) and trade them for USD there.
November 10, 2013, 01:34:55 AM
When BTC crashes. The last peak (and all time high then) of PPC/USD happened in early Obtober when BTC had a mild crunch.
I tend to agree with mhps, although i'm not sure that bitcoin really will "crash". But at some moment the BTC price will stabilize or correct a bit, and then altcoins like PPC and LTC will attract attention from investors. That would be the opportunity to break out of the 0.0017-0.002 PPC/BTC price range and rise in relation to Bitcoin.
So far it seems like BTC is decreasing and PPC is decreasing as well. I would think that ppc would be rising vs btc as btc is going down.We need ppc/usd, eur, rur at btc-e. This would add a lot more stability. It sort of makes me mad that they still don't have at least ppc/usd trading pair yet.
November 09, 2013, 04:29:41 AM
Some time towards the end of the month, as a conservative estimate. Partially hinges on BTC still rising, but an update to version 0.4 would help immensely.
November 08, 2013, 10:13:45 PM
I tend to agree with mhps, although i'm not sure that bitcoin really will "crash". But at some moment the BTC price will stabilize or correct a bit, and then altcoins like PPC and LTC will attract attention from investors. That would be the opportunity to break out of the 0.0017-0.002 PPC/BTC price range and rise in relation to Bitcoin.
November 08, 2013, 08:28:26 PM
I voted for November 2013. This is kind of optimistic 
But at the moment Peercoin rises at roughly the same rate as Bitcoin (what not all other altcoins do). And I think it has the chance to overtake Bitcoin's rate of price increase once it becomes more popular than it is now and hence more demanded at exchanges.
I don't know whether the current Bitcoin price is the result of a growing bubble or the result of Bitcoin mining becoming even more a business than it has been before.
A stable or even rising Bitcoin price (by the time of this writing mtgox: $367.00, bitstamp: $338.27, btce: $321.00, campbx: $315.00, btccn: ¥2290.00, coinbase: $338.619) would be helpful to bring Peercoin across $1, but I'd like it even more to see an exchange rate for BTC/PPC of more than roughly 0.0018
But at the moment Peercoin rises at roughly the same rate as Bitcoin (what not all other altcoins do). And I think it has the chance to overtake Bitcoin's rate of price increase once it becomes more popular than it is now and hence more demanded at exchanges.
I don't know whether the current Bitcoin price is the result of a growing bubble or the result of Bitcoin mining becoming even more a business than it has been before.
A stable or even rising Bitcoin price (by the time of this writing mtgox: $367.00, bitstamp: $338.27, btce: $321.00, campbx: $315.00, btccn: ¥2290.00, coinbase: $338.619) would be helpful to bring Peercoin across $1, but I'd like it even more to see an exchange rate for BTC/PPC of more than roughly 0.0018
November 08, 2013, 08:08:16 PM
Peercoin has recently hit the 50 cent barrier in direct PPC/USD trading at Crypto-Trade:
https://crypto-trade.com/trade/ppc_usd
Coinmarketcap lists its price even higher, based on the PPC/BTC and BTC/USD prices.
Now dollar parity is not very far away, although at Crypto-Trade there are some large walls. When do you think PPC will reach dollar parity?
My guess is: in December 2013 or January 2014.
What do you think?
https://crypto-trade.com/trade/ppc_usd
Coinmarketcap lists its price even higher, based on the PPC/BTC and BTC/USD prices.
Now dollar parity is not very far away, although at Crypto-Trade there are some large walls. When do you think PPC will reach dollar parity?
My guess is: in December 2013 or January 2014.
What do you think?
When BTC crashes. The last peak (and all time high then) of PPC/USD happened in early Obtober when BTC had a mild crunch.
November 08, 2013, 05:51:21 PM
Peercoin has recently hit the 50 cent barrier in direct PPC/USD trading at Crypto-Trade:
https://crypto-trade.com/trade/ppc_usd
Coinmarketcap lists its price even higher, based on the PPC/BTC and BTC/USD prices.
Now dollar parity is not very far away, although at Crypto-Trade there are some large walls. When do you think PPC will reach dollar parity?
My guess is: in December 2013 or January 2014.
What do you think?
Update: At November 19 and 21, the combined PPC/BTC and BTC/USD rate surpassed 1 USD. In direct trading at some exchanges also the 1USD value was hit, although with very low volume. At crypto-trade.com, the major PPC/USD exchange, it hit 0.99 and dollar parity is imminent.
Update 2: Now Peercoin has hit $1 even at crypto-trade, where there were some large sell walls. Dollar parity officially achieved!
https://crypto-trade.com/trade/ppc_usd
Coinmarketcap lists its price even higher, based on the PPC/BTC and BTC/USD prices.
Now dollar parity is not very far away, although at Crypto-Trade there are some large walls. When do you think PPC will reach dollar parity?
My guess is: in December 2013 or January 2014.
What do you think?
Update: At November 19 and 21, the combined PPC/BTC and BTC/USD rate surpassed 1 USD. In direct trading at some exchanges also the 1USD value was hit, although with very low volume. At crypto-trade.com, the major PPC/USD exchange, it hit 0.99 and dollar parity is imminent.
Update 2: Now Peercoin has hit $1 even at crypto-trade, where there were some large sell walls. Dollar parity officially achieved!
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