I'm @ppcman from talk.peercoin.net - I'll have interesting and exciting things to share about PEERCOIN
Some interesting data about Peercoin:
- Peercoin was created August 2012 by developer Sunny King
- It was the very first coin to introduce Proof Of Stake (PoS)
- It was initially designed a store of wealth, similar to Bitcoin, with much less hash power needed.
- It has a fairly high transaction fee (0.01 PPC) on purpose. To get rid of dust transactions.
- Transaction Fees get "burned", which means they are taken out of circulation which brings the rareness of the coin. The more it is used, the lower the amount in circulation, so price goes up.
- Simply by holding the coin, allows you to mint 1% of your holdings into new coins over and over again which supports the network and the people who own Peercoin as a bonus!
- Even low powered laptops, tablets, and phones can easily run Peercoin wallets
- Peercoin allows multiple applications to use its blockchain for other things too!
- ....and there's more! A LOT more....
I will talk more in depth about these things. For now, I'd just like to get a post, so every one knows who I am, what I'll be talking about, and what my interests are....
I am also interested in other cryptocurrency projects too. So I'll be commenting on your blogs and following people. I was introduced to this place by @intelliguy, so I thank him for that... :)
Did you know, Peercoin is going to have it's 5th Year Annual Celebration August 2017? Big stuff coming your way. It's exciting times!
Today, June 12 2017 Peercoin is trading at only $1.93 USD at the moment.
Mark my words, by June 12, 2017, Peercoin is going to be much higher in price, in my opinion, and this initial blog post is going to prove it later. That's my opinion anyway.
While we are talking about the future and price predictions, I probably should say this, which is very important to any one new at investing in cryptocurrencies:
Always do you own research, and make your own decisions. I love Peercoin and believe in it, and you might like it too. How ever, your money, is your money, and what you do with it is up to you. So what I say should not be considered investment advice.
....with that being said, let's talk about Peercoin and nice to meet all of you!
Welcome to steemit @ppcman!
I look forward to hearing more about Peercoin. I haven't heard much of what's been happening lately, so glad you're here to talk about it with everyone.
P.S. Following you and resteemed :)
Thanks!
Long term Peercoin enthousiastic here. Following...
Thanks @wekkel following you too now.
I am also a Peercoin enthusiast :) Will certainly follow you, also upvote and resteem.
Thanks! Following you as well...
but how to earn peercoin ?
There are 2 ways.
You can buy peercoin from an exchange, send it to a Peercoin wallet, and wait 30 days for your coin to mature. Now the minter will try to mint new Peercoins for you based on how much stake you have (coinage which is number of coins you have, plus how old they are)
Second way, is to mine Peercoin through proof-of-work (pow) with an SHA256 miner. They chose this route to ensure fair distribution of coins which has been going on since 2012
For more info there is lots on these subjects at https://talk.peercoin.net where you can get the most help.
Good points in this article. Interesting to see I'm not the only one that is thinking about this. Buy low, sell high, it seems so simple but most investors still don't seem to get it :-) I found this great website: https://www.coincheckup.com This site did all the research for you. It's truly amazing. Check: https://www.coincheckup.com/coins/Peercoin#analysis For the Peercoin Indepth analysis
I love peercoin :D :D :D
Welcome dear friend @ppcman I wish you many successes
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Is there much in the future roadmap for peercoin?
Too numerous to list in a single comment. I'm going to compile a posting just on this subject soon.
always looking for new interest, havent heard of peercoin but then again there are alot of coins people dont hear about, look forward to seeing what you put out
Hi ppcman, just a short question:
Fininding a ppc block means I get the complete coins ?
Thanks for your answer.
You get the block award, which varies... A good way to see how much blocks are currently paying is to look at a peercoin block explorer and look what the last POW (proof of work) block paid. That's if you are using a SHA256 miner.
Is it possible to reduce transaction fee in the future?!
If $PPC reached $100 , the transaction fee will be $1 It's so high . especially with micropayments!
Yes it could be reduced, but I don't want it reduced.
Peercoin is suppose to be like a savings account. You only move large amounts, very infrequently. So you would never buy a coffee with Peercoin. What you could do is move $500 in/out of an exchange very quickly.
Also,you never have micropayments with Peercoin. It does not make any sense to transfer less than 0.01 PPC. They do that to keep the blockchain small, and fast.
Look what happened to Bitcoin. They have micropayments and it is ruining their blockchain as a result.
It'll be interesting to see what happens with it. I haven't heard much talk about it, so it's good you're providing info on this. I plan to keep in the loop since I've got some holdings in it.
Thanks for sharing!
Sure, spending your life savings on PEERCOIN might have been the best thing you’ve EVER done…
But you made the bought PPC, you did it with one thing in mind… SHOOTING FOR THE MOON.
PPC has that 10X factor, which you will have to when you wear this shirt in public. You will get the attention of others HODLing PPC, and their girlfriends.
This comfy 100% cotton shirt can be shipped out in a few days
Check it out - https://shirtspice.com/collections/cryptocurrency-t-shirts/products/peercoin-boom-to-the-moon-shirt
Sure, spending your life savings on PEERCOIN might have been the best thing you’ve EVER done…
But you made the bought PPC, you did it with one thing in mind… SHOOTING FOR THE MOON.
PPC has that 10X factor, which you will have to when you wear this shirt in public. You will get the attention of others HODLing PPC, and their girlfriends.
This comfy 100% cotton shirt can be shipped out in a few days
Check it out - https://shirtspice.com/collections/cryptocurrency-t-shirts/products/peercoin-boom-to-the-moon-shirt
Sure, spending your life savings on PEERCOIN might have been the best thing you’ve EVER done…
But you made the bought PPC, you did it with one thing in mind… SHOOTING FOR THE MOON.
PPC has that 10X factor, which you will have to when you wear this shirt in public. You will get the attention of others HODLing PPC, and their girlfriends.
This comfy 100% cotton shirt can be shipped out in a few days
Check it out - https://shirtspice.com/collections/cryptocurrency-t-shirts/products/peercoin-boom-to-the-moon-shirt