PPC is a good buy. | Bitcointalksearch.org

d5000

legendary

Activity: 3906

Merit: 6249

Decentralization Maximalist

Quote from: Hyena on July 05, 2013, 04:11:20 AM

Obviously BTC is not the first and the last successful CC we see. Therefore I frequently select a bunch of cool alt coins to invest in. I did this with LTC and it brought me 1200% ROI. I have also invested in PPC and NMC for their innovation.

However, seems that NVC is quite similar to PPC and therefore competing? Why would you prefer PPC over NVC?

By design, NVC is more inflationary than PPC because of the higher PoS interest rate since the last update.

See the altcoin inflation data: https://bitcointalksearch.org/topic/inflation-rate-coin-supply-growth-of-major-alt-coins-updated-2013-06-26-227395

romerun

legendary

Activity: 1078

Merit: 1002

Bitcoin is new, makes sense to hodl.

in PPC, I thought the difficulty will rise so fast when ppl mine the shit out of POW, where the POS comes in ?

Kazu

full member

Activity: 168

Merit: 100

Quote

no such thing as a scam if you can profit

I made several thousands from Nano Money Corp. (If you don't know what that is, google it).

Luckybit

hero member

Activity: 714

Merit: 510

Quote from: Hyena on July 05, 2013, 04:11:20 AM

Obviously BTC is not the first and the last successful CC we see. Therefore I frequently select a bunch of cool alt coins to invest in. I did this with LTC and it brought me 1200% ROI. I have also invested in PPC and NMC for their innovation.

However, seems that NVC is quite similar to PPC and therefore competing? Why would you prefer PPC over NVC?

PPC is SHA256 which means you can mine it with block erupters and get a ROI that you wont get from BTC.

Novacoin is SCRYPT. If you're gonna mine SCRYPT why not just mine Litecoin of Feathercoin?

Miners will prefer PPC over Novacoin.
Miners will prefer LTC and FTC over Novacoin.

Prediction? PPC will surpass Novacoin. As difficulty goes up and independent miners get pushed out of Bitcoin miner they can only choose between TRC and PPC. PPC will win because it's got a larger market cap and name recognition but also because it's got a difficulty algorithm perfectly designed for ASICs.

Go look at my posts in the PPcoin thread. Confirm that I predicted the fall of PPC and the current rise. If the trend we are seeing continues PPC is headed to $1 in weeks to months depending on how fast difficulty rises and depending on how many miners switch to PPC from BTC.

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

Quote from: ft73 on July 05, 2013, 04:40:04 AM

Quote from: tokeweed on July 05, 2013, 03:29:59 AM

nope. no such thing as a scam if you can profit. one can argue the stock market is a scam too... or a casino... or whatever.

Not saying i won't profit on scamcoin, already have plenty of them.
Just that i'll profit as much as possible and sell them with no regret.

yup. dont get attatched to anything. even the beloved btc.

sadly the only thing worth attaching to is cash... why? cos once we have them in our pockets we can buy cool stuff with it anytime. even hookers. you can't get hookers to suck you with btc.

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: Luckybit on July 04, 2013, 09:35:59 PM

It's going to rise for sure with the rise in difficulty. It's going to have it's difficulty rise because of ASICs and because it's more profitable to mine than Bitcoin. It's supply is controlled by its difficulty. It's price is determined by supply and demand.

Demand is going to rise because PPC is more stable than Bitcoin and while Bitcoin is crashing down, people will put their Bitcoin into PPC. On top of that, when you find out your ASICs are now obsolete for Bitcoin that only leaves PPC to mine.

PPC is going to become incredibly scarce incredibly fast this summer. If demand stays the same the price will double. If demand increases it could get over $1 or even up to $3. It has 19 million coins like Litecoin but with a lower rate of inflation than Litecoin. It's not vulnerable to 51% attacks and it's very stable in it's price without much volaility.

It also has not proven that the exploit found in the PPC software by Jutarul in december 2012 was fixed.

No documentation proving this have I come across.

Sunny King refused to address my requests for public discussion on the matter. So I left it alone.

Is there an exploit in the PPC code? Last time it was addressed publicly there was one. Sunny then took 8 weeks to "fix" the PoS exploit, released the code, never offered to say how he fixed it nor wanted to discuss it.

This is not to instill FUD. The facts are there. Just look back to the December to February timeframe and see for yourself in the alt-chain section.

calian

sr. member

Activity: 354

Merit: 250

Seems like the most profitable scamcoin recently has been the USD. Undecided

ft73

hero member

Activity: 564

Merit: 508

Quote from: tokeweed on July 05, 2013, 03:29:59 AM

nope. no such thing as a scam if you can profit. one can argue the stock market is a scam too... or a casino... or whatever.

Not saying i won't profit on scamcoin, already have plenty of them.
Just that i'll profit as much as possible and sell them with no regret.

calian

sr. member

Activity: 354

Merit: 250

Quote from: Hyena on July 05, 2013, 04:19:12 AM

I wish we could see a bit longer period of time and volume bars too, then it would rock.

Something like these?
http://www.cryptocoincharts.info/period-charts.php?period=1-year&resolution=day&pair=ppc-btc&market=btc-e

http://www.cryptocoincharts.info/orderbook.php?pair=ppc-btc&market=btc-e

http://www.gobitgo.com/charts/?chartID=1046

Hyena

legendary

Activity: 2114

Merit: 1015

Anyway, who doesn't know yet, this site gives a quick overview of all the CCs: http://coinmarketcap.com/
I wish we could see a bit longer period of time and volume bars too, then it would rock.

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

Quote from: Hyena on July 05, 2013, 04:11:20 AM

Obviously BTC is not the first and the last successful CC we see. Therefore I frequently select a bunch of cool alt coins to invest in. I did this with LTC and it brought me 1200% ROI. I have also invested in PPC and NMC for their innovation.

However, seems that NVC is quite similar to PPC and therefore competing? Why would you prefer PPC over NVC?

PPC broke out with a spike in volume. NVC is up the past two days but no spike in volume.

I like the look of PPC's chart better too.

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

Quote from: Wagner2014 on July 05, 2013, 03:40:14 AM

Quote from: wopwop on July 05, 2013, 03:08:01 AM

i'm buying with both hands

Be careful when catching falling knives.

lol. ppc and trc are breaking out actually.

Hyena

legendary

Activity: 2114

Merit: 1015

Obviously BTC is not the first and the last successful CC we see. Therefore I frequently select a bunch of cool alt coins to invest in. I did this with LTC and it brought me 1200% ROI. I have also invested in PPC and NMC for their innovation.

However, seems that NVC is quite similar to PPC and therefore competing? Why would you prefer PPC over NVC?

Wagner2014

member

Activity: 84

Merit: 10

Quote from: wopwop on July 05, 2013, 03:08:01 AM

i'm buying with both hands

Be careful when catching falling knives.

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

Quote from: ft73 on July 05, 2013, 03:00:48 AM

Quote from: Luckybit on July 04, 2013, 09:35:59 PM

It's going to rise for sure with the rise in difficulty. It's going to have it's difficulty rise because of ASICs and because it's more profitable to mine than Bitcoin. It's supply is controlled by its difficulty. It's price is determined by supply and demand.

Demand is going to rise because PPC is more stable than Bitcoin and while Bitcoin is crashing down, people will put their Bitcoin into PPC. On top of that, when you find out your ASICs are now obsolete for Bitcoin that only leaves PPC to mine.

PPC is going to become incredibly scarce incredibly fast this summer. If demand stays the same the price will double. If demand increases it could get over $1 or even up to $3. It has 19 million coins like Litecoin but with a lower rate of inflation than Litecoin. It's not vulnerable to 51% attacks and it's very stable in it's price without much volaility.

Nice find, but you're already a bit too late ... we are 100% over recent low.
TRC got up too. Next turn FTC (despite i the fact consider it as an absolute scamcoin).
http://www.cryptocoincharts.info/period-charts.php?period=3-months&resolution=day&pair=ftc-btc&market=vircurex

nope. no such thing as a scam if you can profit. one can argue the stock market is a scam too... or a casino... or whatever.

and yes, trc is breaking out too just like ppc. and with a spike in volume i might add. worth putting a hundred bucks worth just for action and see where it goes.

wopwop

sr. member

Activity: 252

Merit: 250

i'm buying with both hands

ft73

hero member

Activity: 564

Merit: 508

Quote from: Luckybit on July 04, 2013, 09:35:59 PM

It's going to rise for sure with the rise in difficulty. It's going to have it's difficulty rise because of ASICs and because it's more profitable to mine than Bitcoin. It's supply is controlled by its difficulty. It's price is determined by supply and demand.

Demand is going to rise because PPC is more stable than Bitcoin and while Bitcoin is crashing down, people will put their Bitcoin into PPC. On top of that, when you find out your ASICs are now obsolete for Bitcoin that only leaves PPC to mine.

PPC is going to become incredibly scarce incredibly fast this summer. If demand stays the same the price will double. If demand increases it could get over $1 or even up to $3. It has 19 million coins like Litecoin but with a lower rate of inflation than Litecoin. It's not vulnerable to 51% attacks and it's very stable in it's price without much volaility.

Nice find, but you're already a bit too late ... we are 100% over recent low.
TRC got up too. Next turn FTC (despite i the fact consider it as an absolute scamcoin).
http://www.cryptocoincharts.info/period-charts.php?period=3-months&resolution=day&pair=ftc-btc&market=vircurex

Luckybit

hero member

Activity: 714

Merit: 510

Quote from: RyNinDaCleM on July 04, 2013, 11:18:55 PM

Quote from: Luckybit on July 04, 2013, 11:02:29 PM

Not quite. PPC is deflationary because although there is no cap on the supply, the supply is controlled by Moore's law which basically caps the supply by lowing the inflation rate so low that it's even lower than Litecoin. Essentially the inflation rate determines scarcity not just the total supply. The total supply is at 19 million which is equal to Litecoin but the price isn't equal to Litecoin yet. That means there is a lot of room for profit if you buy at these prices and it reaches $3.

Because PPC will be mined with ASICs, GPU miners will have to switch to Litecoin. Basically PPC's market cap and difficulty determine the price. Difficulty determines the scarcity while the market cap shows the demand. If it's scarce and in high demand the price rises.

What happens when ASIC miners drive difficulty up so high and quit, making the next retarget never come? Remember Namecoin before it was merge mined?
Why would difficulty be any factor for price? Scarcity is apparently a non-issue currently so that is irrelevant.

Why would they quit?

They'll mine with Bitcoin and when Bitcoin isn't profitable anymore because of the vastly steep difficulty rise then they'll switch their ASICS to PPC and when PPC isn't profitable anymore they'll go to the next SHA256 coin. The point is they have no choice but to go from Bitcoin to PPC and all those USB BlockErupters have to mine something and it sure as hell won't be Bitcoin. What about the little singles coming out which will probably already be obsolete for Bitcoin by the time people receive them? More hash for PPC.

The ASICs from BFL will end up hashing PPC if people are smart. If people aren't so smart they'll mine BTC at a loss. I say buy PPC now and bet on them mining PPC. When there is a critical mass of miners behind PPC the market cap will go up just as it has with LTC because it seems mining is the key to developing an economy. Once stuff is mined then people start looking for places to spend their mined coins and then people realize their 1000 coins worth @$0.20 could be worth $3000 @$3 if they just built a few sites.

RyNinDaCleM

legendary

Activity: 2408

Merit: 1009

Legen -wait for it- dary

Quote from: Luckybit on July 04, 2013, 11:02:29 PM

Not quite. PPC is deflationary because although there is no cap on the supply, the supply is controlled by Moore's law which basically caps the supply by lowing the inflation rate so low that it's even lower than Litecoin. Essentially the inflation rate determines scarcity not just the total supply. The total supply is at 19 million which is equal to Litecoin but the price isn't equal to Litecoin yet. That means there is a lot of room for profit if you buy at these prices and it reaches $3.

Because PPC will be mined with ASICs, GPU miners will have to switch to Litecoin. Basically PPC's market cap and difficulty determine the price. Difficulty determines the scarcity while the market cap shows the demand. If it's scarce and in high demand the price rises.

What happens when ASIC miners drive difficulty up so high and quit, making the next retarget never come? Remember Namecoin before it was merge mined?
Why would difficulty be any factor for price? Scarcity is apparently a non-issue currently so that is irrelevant.

derpinheimer

legendary

Activity: 896

Merit: 1000

Quote from: Wagner2014 on July 04, 2013, 11:08:38 PM

Something worth nothing cannot be a good buy, can it?

Teehee

Topic: PPC is a good buy. (Read 1811 times)