Profit from the slow decline of BTC while holding [PPC]

Hyena

legendary

Activity: 2114

Merit: 1015

Quote from: OrientA on September 18, 2014, 06:25:03 AM

I think it is a good idea for issuing share and keep track the ownership. But we need regulators to protect investors.

I don't see how it couldn't work with regulations. PeerShares is just a technology. You can still build regulations on top of that.

Speaking of PPC, god it tripled its value since I bought in Cheesy

Starts to look like a parabolic rise already Cheesy

and it's not even 23rd yet. Will we see some premature crashes like with AuroraCoin?

OrientA

sr. member

Activity: 462

Merit: 250

Quote from: Hyena on September 16, 2014, 08:54:00 AM

I'm glad you asked Cheesy

because PeerShares is the very reason I'm so bullish on Peercoin. You can check it out here: http://peershares.net/

But simply put, peershares allows anyone to easily create their own PoS based shares as a separate block chain. These shares can be traded on exchanges similarly to altcoins in general. However, it has built into the PeerShares protocol that the issuer of the shares can easily send dividends to all the shareholders. The dividends will be sent as peercoins.

Simple use case for PeerShares:
You have a great idea of another Satoshi Dice implementation. You create 1000000 shares out of thin air and sell them to investors. Now when your project starts generating revenue you are going to pay dividends to the shareholders but thanks to PeerShares you don't have to track the ownership of the shares yourself. Instead you will just throw the peercoins into the PeerShares network as dividends and they become available to every shareholder accordingly to their share. The shareholders can sell their shares even OTC if they wanted to.

I think it is a good idea for issuing share and keep track the ownership. But we need regulators to protect investors.

cexylikepie

hero member

Activity: 779

Merit: 500

wow, peercoin went from $1 when this thread started to 1.40 in like 2 days. im impressed. should have listened.

Hyena

legendary

Activity: 2114

Merit: 1015

Quote from: cexylikepie on September 16, 2014, 09:13:10 AM

so its basically just another asset exchange.

it's not an exchange. Exchanges can integrate PeerShares if they want to but PeerShare block chains can be created by anyone without the need to create a new altcoin.

cexylikepie

hero member

Activity: 779

Merit: 500

Quote from: Hyena on September 16, 2014, 08:54:00 AM

Quote from: HI-TEC99 on September 16, 2014, 08:27:27 AM

What's PeerShares?

I'm glad you asked Cheesy

because PeerShares is the very reason I'm so bullish on Peercoin. You can check it out here: http://peershares.net/

But simply put, peershares allows anyone to easily create their own PoS based shares as a separate block chain. These shares can be traded on exchanges similarly to altcoins in general. However, it has built into the PeerShares protocol that the issuer of the shares can easily send dividends to all the shareholders. The dividends will be sent as peercoins.

Simple use case for PeerShares:
You have a great idea of another Satoshi Dice implementation. You create 1000000 shares out of thin air and sell them to investors. Now when your project starts generating revenue you are going to pay dividends to the shareholders but thanks to PeerShares you don't have to track the ownership of the shares yourself. Instead you will just throw the peercoins into the PeerShares network as dividends and they become available to every shareholder accordingly to their share. The shareholders can sell their shares even OTC if they wanted to.

so its basically just another asset exchange.

Hyena

legendary

Activity: 2114

Merit: 1015

Quote from: HI-TEC99 on September 16, 2014, 08:27:27 AM

What's PeerShares?

I'm glad you asked Cheesy

because PeerShares is the very reason I'm so bullish on Peercoin. You can check it out here: http://peershares.net/

But simply put, peershares allows anyone to easily create their own PoS based shares as a separate block chain. These shares can be traded on exchanges similarly to altcoins in general. However, it has built into the PeerShares protocol that the issuer of the shares can easily send dividends to all the shareholders. The dividends will be sent as peercoins.

Simple use case for PeerShares:
You have a great idea of another Satoshi Dice implementation. You create 1000000 shares out of thin air and sell them to investors. Now when your project starts generating revenue you are going to pay dividends to the shareholders but thanks to PeerShares you don't have to track the ownership of the shares yourself. Instead you will just throw the peercoins into the PeerShares network as dividends and they become available to every shareholder accordingly to their share. The shareholders can sell their shares even OTC if they wanted to.

HI-TEC99

legendary

Activity: 2772

Merit: 2846

What's PeerShares?

Hyena

legendary

Activity: 2114

Merit: 1015

Yesterday I panic-bought 3000 PPC when NuBits release date was announced: http://nubits.com/

Yes, I sold most of my hot-wallet bitcoins and bought peercoins because if you look at the PPC/BTC history:
http://www.cryptocoincharts.info/pair/ppc/btc/btc-e/alltime

you will see that it's been a year since PPC traded that low against BTC and many great news are about to come in near future (PeerShares, NuBits, Cold Minting). It is also known that should BTC skyrocket, PPC goes even higher (just look at the last PPC/BTC bubble and you will see that it correlates positively to the last BTC/USD bubble).

When I bought into PPC yesterday it traded 0.0017 BTC/PPC and now it's already 0.0021 BTC/PPC. I'm bullish on bitcoin but while it's having a mid-term low I'd suggest buying into promising altcoins and grow your stash without becoming bearish on cryptocurrencies in general.

Topic: Profit from the slow decline of BTC while holding [PPC] (Read 1626 times)