Not to mention that if anyone recalls the history of any of the other alt-coins, there highest prices were always at the START of them being traded. Even LTC traded higher at the start then it does now. So, buyer beware. If it's not DIRT CHEAP, you're getting fleeced. And if it ends up worthless (99.9% prob) then you're being fleeced anyway.
Topic: Price of PPCoin[PPC] - page 4. (Read 6247 times)
.00001 BTC per 1 PPC is what I would think is a genuinely fair price. It is essentially worthless until it proves itself otherwise. Just because some people might have been mining them like crazy for the past month doesn't change the fact they are still essentially worthless. How much would you pay for Devcoins, I0 coins, SolidCoins, BBQ coin, GG, LQC, etc.......
It's a flash in the pan until proved otherwise.
It's a flash in the pan until proved otherwise.
Aha interesting, how do you generate a proof of stake block thou? Surely having coins idle in a wallet cant make proof of stake blocks on its own?
Coins must be idle for 30 days I think - then they count towards stake. Also if coins are successful at generating a stake block they need to age again AFAIK. I also have to read up on the technical implementation on how the blocks are actually generated... But my first guess is the block incorporates the ppc address with the stake as a proof - and that changes the hash. Also the amount of stake has to modify the chance to yield a block, otherwise there might be an incentive to spread the stake across several addresses.Interesting so you don't have to mine if you have 1,000,000 PPC? Just as long as the wallet is in a client connected to the network?
BTW how are people mining for them now CPU? GPU?
Aha interesting, how do you generate a proof of stake block thou? Surely having coins idle in a wallet cant make proof of stake blocks on its own?
Coins must be idle for 30 days I think - then they count towards stake. Also if coins are successful at generating a stake block they need to age again AFAIK. I also have to read up on the technical implementation on how the blocks are actually generated... But my first guess is the block incorporates the ppc address with the stake as a proof - and that changes the hash. Also the amount of stake has to modify the chance to yield a block, otherwise there might be an incentive to spread the stake across several addresses.Good explanation, ty
Aha interesting, how do you generate a proof of stake block thou? Surely having coins idle in a wallet cant make proof of stake blocks on its own?
Coins must be idle for 30 days I think - then they count towards stake. Also if coins are successful at generating a stake block they need to age again AFAIK. I also have to read up on the technical implementation on how the blocks are actually generated... But my first guess is the block incorporates the ppc address with the stake as a proof - and that changes the hash. Also the amount of stake has to modify the chance to yield a block, otherwise there might be an incentive to spread the stake across several addresses. Value is likely to rise once people realize that you can use PPC to solve PPC blocks.
What do you mean? Money supply will be mainly locked into generating the proof of stake blocks. I expect the PPCoins to dry up very quickly, once people start using them for stake.
Of course the real question is how badly do people want to have PPC in the first place. Right now it doesn't have any competitive advantage over bitcoin.
Aha interesting, how do you generate a proof of stake block thou? Surely having coins idle in a wallet cant make proof of stake blocks on its own?
Value is likely to rise once people realize that you can use PPC to solve PPC blocks.
What do you mean? Money supply will be mainly locked into generating the proof of stake blocks. I expect the PPCoins to dry up very quickly, once people start using them for stake.
Of course the real question is how badly do people want to have PPC in the first place. Right now it doesn't have any competitive advantage over bitcoin.
I see lots of trading on bitparking's exchange.
Value is likely to rise once people realize that you can use PPC to solve PPC blocks.
What do you mean?
I see lots of trading on bitparking's exchange.
Value is likely to rise once people realize that you can use PPC to solve PPC blocks.
I see lots of trading on bitparking's exchange.
Price of PPCoin is the cost to put it in the toilet... 
I base my guess on the Namecoin price.
Interest in Namecoin is fading away.
Namecoin development is stagnant.
But NMC price stabilized near 0.0019 BTC.
I was not clear in the OP.
The price i am speculating on is the future potential
price of equilibrium.
Interest in Namecoin is fading away.
Namecoin development is stagnant.
But NMC price stabilized near 0.0019 BTC.
I was not clear in the OP.
The price i am speculating on is the future potential
price of equilibrium.
Should have a negative worth. The creators of scamcoins should pay the Bitcoin devs.
Ironicly, luke doesn't think of it the same way you do.
Finally, a real non-scam altcoin! I'm not about to endorse it just yet, and time will tell if scammers turn it into a scamcoin, but it looks promising so far. Maybe if it keeps clean I'll even add support to Eligius in a few weeks 
Also, I've created a branch with the latest bugfixes from Bitcoin-Qt 0.6.x.
Also, I've created a branch with the latest bugfixes from Bitcoin-Qt 0.6.x.
Have you read anything about it?
~0.00015 seems fair to me.
Should have a negative worth. The creators of scamcoins should pay the Bitcoin devs.
LOL ...zero currently because you cant buy anything with it...well you can exchange for btc....wow.......lol
It's all an experiment. Risk is involved.
It's all an experiment. Risk is involved.
Let's speculate here about "fair" aka reasonable price of PPCoin.
My guess -- 0.002 BTC per 1 PPC.
And what is your guess ?
My guess is that this should be posted under Alternate cryptocurrencies.My guess -- 0.002 BTC per 1 PPC.
And what is your guess ?
Yes, and I would say 0 is a fair price.
PS. If this topic really needs to be in "Alternate cryptocurrencies"
mods will move it there.
Let's speculate here about "fair" aka reasonable price of PPCoin.
My guess -- 0.002 BTC per 1 PPC.
And what is your guess ?
My guess is that this should be posted under Alternate cryptocurrencies.My guess -- 0.002 BTC per 1 PPC.
And what is your guess ?
Yes, and I would say 0 is a fair price.
Let's speculate here about "fair" aka reasonable price of PPCoin.
My guess -- 0.002 BTC per 1 PPC.
And what is your guess ?
My guess -- 0.002 BTC per 1 PPC.
And what is your guess ?
My guess is that this should be posted under Alternate cryptocurrencies.
Let
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