PPCoin reached a new low on trading over the weekend of on a high volume.
This does not look good for the future of PPCoin, and it appears we are limiting Sunny King's ability to dump his pre-mined coins which popped onto the network August 19.
It appears that doublec has started to limit withdrawal from his bitparking exchange.
This could mean one of two things. doublec is limiting PPCoin withdrawal to support the price of PPCoin
(a PPCoin banking holiday) or it could be that doublec does not have enough BTC in reserve to pay back PPC holders
(a PPCoin banking holiday) .
I just sold my PPC for BTC and now I am attempting to withdraw my BTC and I seem to be unable to do so. I enter my BTC address, I copy and paste the stated max withdrawal amount, click withdraw and nothing happens. My balance remains the same and there is no pending withdrawal.
Any help?
If I had PPCoin I would be very careful about finding a way to get rid of your PPCoin even if it means going off exchange.
This may be the only way to get out of PPCoin now.