Please remove:
Total Coins: 600 million coins will be mined
This is destroying your coin, if people want to know how many coins there are they need to check the block explorer. If people want to know how many coins are available then they can check coinmarketcap.com
It doesn't make sense to say that there are 600 million coins in total, when? in 2131? So please remove it!!! This is not hiding any information, but it is something like saying 'Apple will release Iphone 431'
Topic: THIS THREAD IS NOT VALID - page 3. (Read 7475 times)
Difficulty retarget is not daily. At least it is not daily retargeting in the current code.
It is every 288 blocks.
While that is daily under ideal conditions of one block every 5 minutes, it does not actually happen daily.
For example, the last few days: PRO has had the same difficulty day after day.
Please correct that in the OP.
Changed OP, thank you
Finally! Some movements. And i'm not talking about the price, but about the project plan. With the current price PRO is a STRONG BUY and if they deliver what is written on the first page, then this is a STRONG APPLE BUY (when apple was trading at $8)!!!
Difficulty retarget is not daily. At least it is not daily retargeting in the current code.
It is every 288 blocks.
While that is daily under ideal conditions of one block every 5 minutes, it does not actually happen daily.
For example, the last few days: PRO has had the same difficulty day after day.
Please correct that in the OP.
Quote
- You say "Coins in circulation: ~62 million as of August 6th" - but the block explorer says it is closer to 56 million?
http://coinmarketcap.com/currencies/payprocoin/
The coins in circulation is about 56.6 Million right now.
Please correct the OP for this fact.
Welcome back and good luck!
The two key advantages of PayProCoin were:
- Ability to buy coins in the UK at local retailers via integration with established PayPoint facilities
- Headed up by a UK registered company, including named individual as CEO
If PayPoint integration ever was working, it certainly isn't now. And fairly or unfairly, Darren's name is no longer a plus point. But, at least for a time, these were the main two key advantages of the coin.
With these gone, what does the coin have to distinguish itself from any others? Take out the fancy words in the first post and it basically says it's a Bitcoin clone with some fuzzy plans for payment integration. Payment integration is the Holy Grail; lots of coins promise it, and very few deliver anything useful. You really need to concentrate on nailing down these payment integration details.
How will you achieve the items on the roadmap?
- No details were ever released about the buyback programme, leading people to make wild guesses as to what it is. You obviously don't have the funds to buy everybody's PRO at 2500 sats. Even offering a conditional buyback guarantee for coins originally sold by yourself isn't practical, or if it is can you explain how? Saying you'll offer a buyback programme and not giving details is irresponsible, and the only people who will take you seriously are the gullible and the pump/dump crowd who take advantage of them, and you said you weren't in it for the P+D.
- The old roadmap mentions PayProProjects university project, but this requires significant PRO reserves which you don't have.
- It also mentions PayProGift in early August. Was this anything other than vapourware?
Regarding coin count:
- If initial block reward is 1,000 PRO/block, and block halving is every 20,000 blocks, this should mean a total of 40 million normally mined coins. Add the 40 million non-destroyed premine (ignoring the 40 million destroyed premine) means a total of 80 million coins (with the premine being 50%). Why do you say the total is 600 million?
- You say "Coins in circulation: ~62 million as of August 6th" - but the block explorer says it is closer to 56 million?
This post is not intended as FUD, but rather points for discussion.
- Ability to buy coins in the UK at local retailers via integration with established PayPoint facilities
- Headed up by a UK registered company, including named individual as CEO
If PayPoint integration ever was working, it certainly isn't now. And fairly or unfairly, Darren's name is no longer a plus point. But, at least for a time, these were the main two key advantages of the coin.
With these gone, what does the coin have to distinguish itself from any others? Take out the fancy words in the first post and it basically says it's a Bitcoin clone with some fuzzy plans for payment integration. Payment integration is the Holy Grail; lots of coins promise it, and very few deliver anything useful. You really need to concentrate on nailing down these payment integration details.
How will you achieve the items on the roadmap?
- No details were ever released about the buyback programme, leading people to make wild guesses as to what it is. You obviously don't have the funds to buy everybody's PRO at 2500 sats. Even offering a conditional buyback guarantee for coins originally sold by yourself isn't practical, or if it is can you explain how? Saying you'll offer a buyback programme and not giving details is irresponsible, and the only people who will take you seriously are the gullible and the pump/dump crowd who take advantage of them, and you said you weren't in it for the P+D.
- The old roadmap mentions PayProProjects university project, but this requires significant PRO reserves which you don't have.
- It also mentions PayProGift in early August. Was this anything other than vapourware?
Regarding coin count:
- If initial block reward is 1,000 PRO/block, and block halving is every 20,000 blocks, this should mean a total of 40 million normally mined coins. Add the 40 million non-destroyed premine (ignoring the 40 million destroyed premine) means a total of 80 million coins (with the premine being 50%). Why do you say the total is 600 million?
- You say "Coins in circulation: ~62 million as of August 6th" - but the block explorer says it is closer to 56 million?
This post is not intended as FUD, but rather points for discussion.
Seems like bittrex is taking it good so far 
Hi,dev. Any timeline about the new features or the projects? That will be nice! 
Seems like bittrex is taking it good so far
of course, it only has a 30k market cap, so its easy x3 profit at the moment.
Whether to need to download the wallet?
FROM THE OP
is this still true ?
Quote
Transparency and Integrity:
We are fully backed by a registered business in the UK and its CEO, not a faceless and anonymous ticking time bomb. We have nothing
to hide from the community. The team provides reasonable disclosure to enhance credibility and doesn't promise things it can't deliver.
We are fully backed by a registered business in the UK and its CEO, not a faceless and anonymous ticking time bomb. We have nothing
to hide from the community. The team provides reasonable disclosure to enhance credibility and doesn't promise things it can't deliver.
is this still true ?
Looks like i forgot a line. I'm still cleaning out the OP, editing, adding, etc.
Just wanted to open the thread already so the PRO users know we are working on it
haha. great
am looking forward to seeing what happens.
Thanks for the reassurance, so many devs ignore the community. I'm glad you are keeping us up to date. Thanks!
ah looking good!
PayProCoin can you pleas read the pm 
Pool added
Thanks
just bought some coins
FROM THE OP
is this still true ?
Quote
Transparency and Integrity:
We are fully backed by a registered business in the UK and its CEO, not a faceless and anonymous ticking time bomb. We have nothing
to hide from the community. The team provides reasonable disclosure to enhance credibility and doesn't promise things it can't deliver.
We are fully backed by a registered business in the UK and its CEO, not a faceless and anonymous ticking time bomb. We have nothing
to hide from the community. The team provides reasonable disclosure to enhance credibility and doesn't promise things it can't deliver.
is this still true ?
PayProCoin can you pleas read the pm
The coin has good user base.Takeover is the right choice.
Welcome back!
I lost my btc on PRO, now i must get it back.
I lost my btc on PRO, now i must get it back.
Congratulations ！！Wait and see ！！
If bitspender is taking over i am in
Welcome back!
I lost my btc on PRO, now i must get it back.
I lost my btc on PRO, now i must get it back.
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