xorxor



Offline



Activity: 462

Merit: 251









Sr. MemberActivity: 462Merit: 251 [poll] PPC as a major cryptocoin May 06, 2013, 02:10:19 PM #1 self moderated, I dont want it to go off-topic.

please stay on PPC



I dont want to make some artificial line, there is to many factors.

I tried to decide myself - but I keep my decisions only when there is no cotroversy.

Bacause of votes to remove it, we have to decide as a community. fuck deeponion, fuck bitcoincash, all glory to one BITCOIN

VinceSamios



Offline



Activity: 448

Merit: 250







Sr. MemberActivity: 448Merit: 250 Re: [poll] PPC as a major cryptocoin May 07, 2013, 02:51:00 PM

Last edit: May 07, 2013, 03:24:42 PM by VinceSamios #3 For the following reasons PPC is NOT a major crypto-currency



1. Largest trading volume ever in one day, was 7.5BTC - this is laughable edit: (apparently it's nearer 1000btc/day now)

2. PPC has very little if any news coverage as opposed to more than 65,000 articles for bitcoin

3. While the technology is innovative, it is fundamentally flawed in that 51% attacks can be performed by anyone with a decent volume of coins, and nobody can predict who/when they will occur.

4. The biggest exchanges aren't even thinking about using PPC (unlike LTC for example)

5. Nobody is really accepting either sales or donations in PPC (again unlike LTC)



The market cap figures of "$4mil" is completely ludicrous considering the highest volume in a single days trade was equivalent of $750



Don't get me wrong, I hate LTC because its a refuge for miners, however it is a major cryptocurrency. PPC isn't.



My suspicion is that OP of the Alt-Coins list is using the list to ramp his own holdings. The Happy Clappy Bitcoin Chappy - http://twitter.com/vincesamios

jdebunt



Offline



Activity: 1582

Merit: 1010







LegendaryActivity: 1582Merit: 1010 Re: [poll] PPC as a major cryptocoin May 07, 2013, 02:55:55 PM #4 well it depends on how you look at it :



- it's a Bitcoin fork, so it's Mhash, not Khash, so that's a major coin in that regard

- it's not as popular as BTC, nothing great is happening with it (as far as i know, correct me if i'm wrong) and it's value is...well...on par with most minor coins, so that's a NO in that regard.



I voted no because it's not getting the same traction as some of the coins do in the past 6 months, which doesn't mean it CAN not be a major coin.

jubalix



Offline



Activity: 2156

Merit: 1007







LegendaryActivity: 2156Merit: 1007 Re: [poll] PPC as a major cryptocoin May 07, 2013, 03:50:49 PM #12 Quote from: VinceSamios on May 07, 2013, 02:51:00 PM For the following reasons PPC is NOT a major crypto-currency



1. Largest trading volume ever in one day, was 7.5BTC - this is laughable edit: (apparently it's nearer 1000btc/day now)

2. PPC has very little if any news coverage as opposed to more than 65,000 articles for bitcoin

3. While the technology is innovative, it is fundamentally flawed in that 51% attacks can be performed by anyone with a decent volume of coins, and nobody can predict who/when they will occur.

4. The biggest exchanges aren't even thinking about using PPC (unlike LTC for example)

5. Nobody is really accepting either sales or donations in PPC (again unlike LTC)



The market cap figures of "$4mil" is completely ludicrous considering the highest volume in a single days trade was equivalent of $750



Don't get me wrong, I hate LTC because its a refuge for miners, however it is a major cryptocurrency. PPC isn't.



My suspicion is that OP of the Alt-Coins list is using the list to ramp his own holdings.



PEOPLE WHO DONT LOOK AT FACTS



logo

Last Price: 0.00224 BTC

Low: 0.002 BTC

High: 0.0025 BTC

Volume: 384594 PPC / 847 BTC

Server Time: 07.05.13 19:49



THATS 847 BTC so far today on BTCe alone, which is 2+ orders of MAGNITUDE greater than 750$ try over 100K! over a few hours PEOPLE WHO DONT LOOK AT FACTSlogoLast Price: 0.00224 BTCLow: 0.002 BTCHigh: 0.0025 BTCVolume: 384594 PPC / 847 BTCServer Time: 07.05.13 19:49THATS 847 BTC so far today on BTCe alone, which is 2+ orders of MAGNITUDE greater than 750$ try over 100K! over a few hours



https://www.binance.com/?ref=10062065 Admitted Practicing Lawyer::BTC/Crypto Specialist. B.Engineering/B.Laws

Yurizhai



Offline



Activity: 727

Merit: 500









Hero MemberActivity: 727Merit: 500 Re: [poll] PPC as a major cryptocoin May 07, 2013, 03:54:35 PM

Last edit: May 07, 2013, 06:59:06 PM by Yurizhai #13 A valid question, but:



I think it should be. I know of at least 1 store that accepts PPC along with LTC and BTC as payment.



It will also be one of 3 coins to have a drug website that accepts it by mid June.



It also has a real developer who interacts with the community.



That's more than I can say for any other coin besides BTC and LTC, and I hadn't even mentioned it's innovation.

davidpbrown



Offline



Activity: 508

Merit: 251





Vires in Numeris







Sr. MemberActivity: 508Merit: 251Vires in Numeris Re: [poll] PPC as a major cryptocoin May 07, 2013, 05:18:59 PM #16 Note: Poll is rigged in favour of no change.. [No] vote unlikely to beat the [Yes plus Wait]





If proof of stake has a role to play, then PPC is the example of what that means at an extreme.



For me, it's still

Major: BTC; LTC; PPC; NMC; DVC

Minor: FTC; TRC; MNC; CNC; BTE; BQC; etc



If you want to consider a coin going minor, then perhaps DVC is not doing much.

PPC is just waiting for when/if proof of work become an issue - it remains a major contribution, with all the potential that goes with that.



If volume rises, then perhaps even copycats will do well but is that enough. We don't know if speed of confirmations will be a big factor yet - BBQ could become a major or Feathercoin even. CNC could in theory become big in size but I'd rather see contribution to development valued over just market cap. ฿://12vxXHdmurFP3tpPk7bt6YrM3XPiftA82s

btbrae



Offline



Activity: 680

Merit: 500







Hero MemberActivity: 680Merit: 500 Re: [poll] PPC as a major cryptocoin May 07, 2013, 05:58:10 PM #17 Sunny King seems to be the most active of all the alt developers for PPC, he posts weekly updates and involves himself in the community here, PPC has brought the genre forward with PoW+PoS and you only have to look at the coins that have copied it to see that. It's also surviving the test of time which is more than a lot of other flash in the pan altcoins that come up with nothing new except a variable change or two.

robotrebellion



Offline



Activity: 61

Merit: 10







MemberActivity: 61Merit: 10 Re: [poll] PPC as a major cryptocoin May 07, 2013, 05:59:45 PM

Last edit: May 07, 2013, 06:34:10 PM by robotrebellion #18 Quote 51% attacks can be performed by anyone with a decent volume of coins

Where are you getting this from?



Quote The biggest exchanges aren't even thinking about using PPC (unlike LTC for example)

Which exchange other than MtGox are you referring to?



Quote PPC has very little if any news coverage as opposed to more than 65,000 articles for bitcoin

This comparison lacks perspective. How many news articles have covered Namecoin and Litecoin?



A quick Google News search shows that PPCoin has had more "news coverage" than Namecoin.



https://www.google.com/search?hl=en&tbm=nws&q=litecoin

https://www.google.com/search?hl=en&tbm=nws&q=namecoin

https://www.google.com/search?hl=en&tbm=nws&q=ppcoin



By your logic on this point even Litecoin wouldn't deserve Major status because it "only" has 422 articles to Bitcoin's 65,000. Where are you getting this from?Which exchange other than MtGox are you referring to?This comparison lacks perspective. How many news articles have covered Namecoin and Litecoin?A quick Google News search shows that PPCoin has had more "news coverage" than Namecoin.By your logic on this point even Litecoin wouldn't deserve Major status because it "only" has 422 articles to Bitcoin's 65,000.