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CoinedUp.com: New FREE crypto-only currency exchange. Bitcoin, Litecoin, Namecoin, PPCoin, and more to come.

submitted by pete_coinedup to Bitcoin [link] [comments]

Hong Kong Bitcoin Exchange HKCex Launches After $2m Investment - To include litecoin, PPcoin, Novacoin and namecoin.

http://www.coindesk.com/new-hong-kong-bitcoin-exchange-welcomes-mainland-customers/
submitted by FixPUNK to CryptoMarkets [link] [comments]

Hong Kong Bitcoin Exchange HKCex Launches After $2m Investment - To include litecoin, PPcoin, Novacoin and namecoin.

Hong Kong Bitcoin Exchange HKCex Launches After $2m Investment - To include litecoin, PPcoin, Novacoin and namecoin. submitted by FixPUNK to CryptoCurrency [link] [comments]

First PPCoin Exchange. Buy and Sell PPCoins for Bitcoins.

submitted by mavensbot to ppcoin [link] [comments]

Bitcoin, Namecoin, Litecoin, Devcoin, IXCoin, PPCoin, Terracoin, Freicoin, Feathercoin, Primecoin (BTC/NMC/LTC/DVC/I0C/IXC/PPC/TRC/FRC/FTC/XPM) Exchange and Trading Platform

submitted by NSLbot to NSL [link] [comments]

Which high-quality minority coins are likely to break through and become mainstream cryptocurrencies?

Which high-quality minority coins are likely to break through and become mainstream cryptocurrencies?
The veterans who often visit the currency forum may have heard a sentence: long bitcoin, short all the alts. The meaning is obvious, the status of Bitcoin is almost unshakable, but the mainstream currency has changed from wave to wave.
Blackcoin, Futurecoin, and PPcoin that were hot in the early years have now been thrown out of the mainstream currency rankings, and almost no one cares. According to coinmarketcap data, only Litecoin, Dogecoin and Ripple in the top ten market capitalization list survived and are temporarily among the mainstream coins.
The picture shows the cryptocurrency quotation of an exchange in 2014. In 2017, the exchange suspended its services.
After experiencing generations of cryptocurrency, what would replace the present-time mainstream cryptocurrency?

https://preview.redd.it/kgiupx6u10751.png?width=640&format=png&auto=webp&s=afd08d4d115f780dfe331d0a8286d80be79b5ad9
The data above is the top 20 in the global market capitalization so far, and the data comes from coinmarketcap. We can see that bitcoin is still at the top of the ranking, and there are many new faces in the ranking after 2017.
From the perspective of the number of cryptocurrency types, platform coins for 15%, Bitcoin and its fork for 15%, digital cross-chain assets and platforms for 35%, stablecoins for 10%, and the remaining digital payment for 25%. Of course, this kind of statistics is not scientific, because the statistics are only based on the number of rankings, without taking into account the weighted impact of market value, but we can still glimpse the market trend of cryptocurrencies in recent years.

https://preview.redd.it/4a6ykk6y10751.png?width=640&format=png&auto=webp&s=b60a9aa15e5d3e5a5fe32e97e26b01c103b3d12a
The earliest cryptocurrencies are not as complicated as they are today. They are just a cryptocurrency and have no other role than payment. Through the latest cryptocurrency rankings, we can understand that cryptocurrencies are moving towards diversification.
Since the cryptocurrency broke out in 2017, we have heard countless concepts: cross-chain, decentralized operating system, decentralized Internet, DEFI, DAO... Some of these concepts have evolved into reality, some concepts are on the way to becoming a reality.
We can say that 2018 is a watershed moment for this industry. Cryptocurrencies have stepped out of the pure P2P payment field and are moving towards a diversified ecological development.

https://preview.redd.it/qqclr20220751.png?width=640&format=png&auto=webp&s=8802df25be16eb7418718cdca408b7cd0bd764d4
So, back to the topic, what is diversification, how do we judge whether a digital currency has the conditions to enter the mainstream currency?
I think that the basis for judgment is very simple. The following points are for your reference:
First, the distribution process needs to be transparent and fair. If there is an institutional investment, can the organization's bargaining cost and time cost adapt to the project development, and how can the organization be prevented from cashing out in a short time? If there is no institutional investment, is the amount of pre-mining of the project reasonable, or is it fair to users holding currency?
Second, whether the project has market demand for corresponding industry solutions. Not all industries in this world need blockchain. Recognizing the reality that blockchain is not a panacea is the primary condition for entering the cryptocurrency market.
The third point is whether the project has a certain foundation. The foundation here includes two aspects: community foundation and cardinal basis. It is recommended to identify the project from these two aspects.
I have been observing the digital currency market for a long time. Among them, a mining currency ETX (Ethereumx·NET) with a POW+DPOS proof mechanism has attracted my attention. After understanding that the currency is not pre-mined, the distribution mechanism is very fair.
In addition, there is an optional anonymous transfer mode, which protects the privacy of users to a greater extent than ETH. On this basis, you can also undertake ETH dually: undertake ETH2.0 elimination of computing power; seamlessly transplant all application ecology of ETH. The most remarkable thing is its dual economic model of POW+DPOS, which locks a certain circulation and distributes newly-produced coins fairly, stably increasing the value.

https://preview.redd.it/bs41b7h420751.png?width=640&format=png&auto=webp&s=197814b98c3efd834ef674eeb1e684949b9be739
Cryptocurrency is a thriving world, but it is also a dangerous world. Welcome to follow me and explore potential projects. There are risks in the market, so you need to be cautious when entering the market.
submitted by BitRay2077 to u/BitRay2077 [link] [comments]

BITECLIPSE BROKER AND EXCHANGE

BITECLIPSE BROKER AND EXCHANGE
https://preview.redd.it/56es7w0np1n41.png?width=992&format=png&auto=webp&s=7967c1f3c413e62a5b97cf45c16b07bc89ebdb4b
#BitEclipse #Broker #Exchange #Forex
BitEclipse is all in one online trading platform for multi-asset trading created with long financial market experience and sophisticated FinTech and ICT technology. It provides a smooth platform for trading with professional investors and new traders in the active financial markets. Global multi-asset trading is done completely online on our platform. We provide quick and safe trading services to make money and change your life!
BitEclipse is all in one online trading platform for multi-asset trading which gives the ability to trade any asset, like bitcoin, bitcoins, bitcoin cash, ether, ethereum classic, ripple, dash, litecoin, ppcoin, monero, and many more assets in a completely decentralized way, with no intermediaries and no bank account required.
When you create an account you can choose your own trading strategy:: Buy Sell. The platform provides tools to customise your positions, inputs, and trades. Trading platform allows you to create different orders, execute different orders, limit orders, stop loss orders, risk-free trading, transparent order book, load limits and limit orders.
Website: https://biteclipse.com/ Facebook: https://www.facebook.com/biteclipse Twitter: https://twitter.com/biteclipse96122 Instagram: https://www.instagram.com/biteclipse/ Telegram: https://t.me/BitEclipse BET WP: https://biteclipse.com/white-paper BET Details: https://biteclipse.com/bet
submitted by Vladiquepapa to u/Vladiquepapa [link] [comments]

Bitcoin futures exchange hacked - 796 lost 1000 bitcoin.

Bitcoin futures exchange hacked - 796 lost 1000 bitcoin. submitted by Butt_Cheek_Spreader to Bitcoin [link] [comments]

How to buy these cheap coins right now

Since we've all been goxxed now is the time to buy those $50-60 coins floating around and profit from everybody else's misery. Or you could wait for Gox to come back online and crash down the price even further but good luck trying to do any trading there to buy coins, the trading engine is already broken I don't expect the new one to work flawlessly due to epic 3yr history of GOXXING
BTC-E.com
To pay into this exchange, you need a BTC-E code, PM or Okpay. Take pics of your ID and utility bill and pay the $10 to Okpay for 'quick verification'. You can pay bitcoins directly into your Okpay account for initial funding or wait and see how long it takes for reg verification.
Now either wire money, or instant money transfer (MoneyPolo, Contact-sys, Unistream) to fund your account or find an Okpay exchanger somewhere. Or Ukash/CashU. Just because contact-sys is Russian doesn't mean there aren't sending points in every country in the world.
BTC-E codes you buy on #bitcoin-otc from verified gpg authenticated traders with good ratings, or on bitcointalk.org forums in the currency exchange forums.
Perfect Money is a shady HYIP digital currency run by Russians much like Liberty Reserve. You sign up for free, and load your account with wires (if verified) or you use an exchanger. This is what talkgold.com is for to find legit exchangers. I use wm-center.com to wire WU/Moneygram and get PM. Click on 'Interkassa' payment method in BTC-E and select Perfect Money. Instant load.
You can also obviously dump Litecoins you bought on Vircurex to fund the account, or a gagillion PPcoins
Bitfloor.com
Fastest way to deposit is through CapitalOne P2P or cash deposit https://bitfloor.com/docs/#funding-deposit
Be aware Bitfloor is insolvent due to owing 25k bitcoins that were stolen last year but they have a repayment schedule that may or may not bankrupt them. Use at own risk but most ppl trade there everyday with no problems.
Bitstamp.net
Great exchange in Slovakia? I think. You have to pay with Euro SEPA wire, then for some stupid reason they convert the money to USD. You can pay in here using transferwise.com if you're from UK, or XEtrade and other Forex online money transfer companies. Google 'free money transfer fx' and review your options. Most don't charge you anything if over a certain amount of money. They take your internet billing or other local payment, convert to EUR and send SEPA for you if you request it. If they don't then check with Bitstamp what a SWIFT wire costs (probably nothing, I think they use Latvian banks that charge no receiving fees). If you want a bank account in Latvia then sign up here: http://www.rietumu.com/ if you have a local corporation or business where you live you can, maybe a personal account too. You can always incorporate a dirt cheap Delaware LLC or Oregon LLC from anywhere in the world and use it to open up worldwide bank accounts.
Bitcoin-24.com
Takes direct wires, all sorts of other methods: https://bitcoin-24.com/fees You can also use Liqpay if you have a USD or EUR card. Sign up to liqpay.com, then they block a small verification amount you have to sign into internet banking (for the card) to check. It's usually $1.something or less. After that you are verified to load $1-100 or so, but I'd just try $50 at first. Any more than that and Liqpay will seize the funds and ask for your bank to authorize a fax they send which no bank will do because of privacy reasons, so pointless to load anymore money. Liqpay may also call you to verify card details this is normal. Liqpay is meant for Russians and CIS countries to use like Ukraine so due to epic fraud of credit cards don't expect to load too much this way unless you find a Liqpay exchanger, but what's the point when you can just wire money to bitcoin-24 anyways.
Vircurex.com
Good exchange, had some problems due to DDoS but so did all exchanges. They only accept BTC, altcoins and VouchX for payment. You buy Vouchx here: https://www.aurumxchange.com/ or from somebody on Bitcointalk, or IRC (with rep). You can buy a bunch of litecoins anywhere to fund this exchange such as the bitcointalk forums or IRC. Warning: the so-called official twitter account is fake, don't use it.
Cavirtex.com
Can only fund if in Canada, they accept cash deposit and internet billing. Price has been steady at ~$90 all day though no panic selling.
LibertyBit.com
https://www.libertybit.com/funding various easy methods, new exchange in Canada that takes intl wires and shockingly Interac deposits (easily frauded).
Bitcoin China
https://btcchina.com/ fast growing exchange, you pay in with Alipay or Tenpay both Chinese methods that westerners can't use or figure out due to no translation. You can probably use Alipay if you find and exchanger to load it, they do exist. **Edit they now support Liberty Reserve deposit and withdrawal
Check english forums to see if anybody exchanging Alipay or taking wires.
CampBX.com
Accepts money orders, and CapitalOne P2P payments. Also accepts Dwolla but you need to be verified.
Bitcoin-central.net
Just had a major outage due to instawallet hack, appears to be back online. You get your own quasi-bank account when you verify here much like how ecardone.com (liberty reserve) does banking so can transfer to other users legally with vouchers. You can buy a voucher p2p on Bitcointalk forums or IRC or send a bankwire.
VirWoX.com
You can pay with Paypal to get Second Life "Linden Dollars" then convert to BTC, or at least you used to be able to. I have no idea if this is still the case I've never used them.
Or course there's all the fixed price exchangers
https://en.bitcoin.it/wiki/Trade and https://bitcointalk.org/index.php?board=53.0 for everything from Moneypak to Skrill. You can also risk buying coins on Silk Road with moneypak
==============R U L E S ================================
Enjoy buying all the way down the crash once Gox comes back online and the great sell off begins! Hold them for a year and they'll be worth 10x as much just like the 2011 crash. Bonus points if you speculate on Litecoin, rumor has it Gox will be trading them when they come back online but again, this is MtGox we are talking about so the site could implode on the zerg rush of people trying to get into their accounts or trading engine could sell all your coins for $0.0001 again like they did in 2011.
Great successez!
submitted by Derpcoin to Bitcoin [link] [comments]

Coin-a-'Week': Peercoin (PPC)

Coin-a-Day Jan 3rd
Well, it's been more than a month since my last post, so I figured it's time to finally do this. I'm barely updating these, but I think it's somewhat interesting to see the changes that have happened over the almost half a year since I first wrote these.
Welcome to the third Coin-a-DayCoin-a-Week post! So far in this series we have talked about bitcoinbitcoin and dogecoindogecoin, which are proof-of-work coins. Today's coin is Peercoin (PPC), which is a "proof-of-stake" coin (actually a hybrid; more below).
Summary
• ~22 million available currently [1]; ~35 million in 2025, ~50 million in 2045, 1% annual inflation permanently [2]
• All-time high: ~$7 [3]
• Current price: ~$0.50; ~0.0017 BTC$0.30; 0.00128 BTC [1]
• Current market cap: ~$10.9 million $6.6 million [1]
• Block rate (average): 10 minutes [4]
• Transaction rate: 520 408 transactions in the last 24 hours, estimated ~$213,000 $83,600 [5]
• Transaction limit (currently): 7 transactions / second (?) [6]
• Transaction cost: Fixed at 0.01 PPC edit: per Kb [2]
• Rich list: Top 100 addresses hold 59.25% 59.52% [5]
• Exchanges: BTC-E mostly; BTC38 (Chinese); some volume on Cryptsy, The Rock Trading, and BTER as well [7]
• Processing method: Hybrid; proof-of-work and proof-of-stake
• Distribution method: proof-of-work block rewards and 1% inflation through proof-of-stake
• Community: Moderately active. [8]
• Code / development: https://github.com/ppcoin/ppcoin ; appears inactive, last release in April, last commit five months ago; however, developer Sunny King continues to give weekly updates and has announced an upcoming "cold-minting" feature [14] EDIT: Active pull request in progress. pull request; announcement; I was informed about this from the comment below; thanks Thireus !
Latest 0.5 version will be a mandatory upgrade with a two month release window. [15]
• Innovation or special value: First coin with proof-of-stake
Description:
So far we have covered two proof-of-work coins. This was the original type of coin. Peercoin introduced the concept of "proof-of-stake", where authority to generate a block was determined based on a brute-force hashing to reach a value less than a certain amount. In Peercoin's proof-of-staking, there is only one to check per unspent wallet-output per second, so there is very little demand for processing power and energy. The difficulty is decreased with increased coindays [9].
This model is argued by Peercoin supporters to be more efficient, since it obviates the need for a hardware arms-race and allows transaction processing by all stakeholders. The incentive for the stakeholders to "stake" (process transactions through proof-of-stake) is two-fold: first, in order to collect their 1% per coin-year reward, and second, to support the network they hold coins in, since the value of the coin is presumed to be related to the stability and reliability of its network.
There are a number of attacks which are argued to be possible in proof-of-stake which are not possible in proof-of-work [10]. There was a vulnerability which allowed generating a larger number of proof-of-stake blocks with a very small stake which took four months to close after public disclosure [11]. I wish I could provide a definitive answer about the security or vulnerability of this coin, but I am simply unaware of a good source at this point [12]. I have not found a "smoking gun" critique of the current system, but absence of proof, particularly when my "research" (googling) is so limited, and my exposure is so brief, is absolutely not to be taken for proof of absence. Today's challenge will focus on the security of Peercoin, and there will be a small reward for the best defense and the best critique.
Compared to the question of "is it secure?", I think the rest of the nuances like price history are relatively insignificant. In general, I expect that secure coins will continue to be transacted at some price level, and that they will often share a certain level of correlated price. Remember that I am not giving advice, but that's my take on it. So if there is no vulnerability to proof-of-stake, I expect it will continue to exist. And just as bitcoin has a strong place from being the first and having an active community, I expect that Peercoin would continue to have a place as the first proof-of-stake along with its smaller but also active community.
I had my concerns about the security resolved when this was posted. Like a whiny chump I'd gone through and deleted all of my stuff in a fit of pique, but the useful comments by TotalB00n are still there and may be useful reading.
The inactive development may not be an issue for now if there are no serious threats to Peercoin. Additionally, its blockchain is quite small, about 1/3rd of a Gigabyte currently[13], so the major feature of bitcoin's latest release, parallel block downloads, may be less relevant for peercoin.
[Note that the edit above on the code section is from the original time around. I'm too lazy to even look up whether or not there has been further development since, but it was at least somewhat active before, and perhaps didn't really need much.]
Community
Peercoin's community on Reddit (/peercoin) is relatively small, with less than 4k subscribers and no more than a couple posts a day. However, it appears on-topic and high-quality.
http://www.peercointalk.org/ looks active and significant. It is not comparable in size to a central hub like bitcointalk, but it is by no means dead.
There are additional community links on peercoin.net which I haven't explored.
Footnotes
[1] http://coinmarketcap.com/currencies/peercoin/
[2] https://github.com/ppcoin/ppcoin/wiki/FAQ
[3] http://www.cryptocoincharts.info/paippc/usd/btc-e/alltime I couldn't find anything just stating the number. And the UI here is terrible. But this approximately matches the coinmarketcap ATH in BTC with the BTC/USD at the time.
[4] http://en.wikipedia.org/wiki/Peercoin#Confirmations ; I wasn't sure if this accounted for PoS accurately as well, but given the last few hours shown at https://bkchain.org/ppc it does appear to be close ; don't ask me how it works, haven't taken the time to grok the whitepaper in detail yet ([9])
[5] https://bitinfocharts.com/ppcoin/
[6] I wasn't able to find a source addressing this. I'm presuming that since it's based on bitcoin and has 10 minute blocks, that it also shares the 1 Mb blocksize limit and that transactions are about the same size and thus the same 7 transactions / second current limit applies. I could absolutely be wrong about this; if you know better, please let me know and I will update. Given that this allows 604,800 transactions per day, and there weren't 0.1% as many transactions in the last 24 hours, I think it's safe to say this isn't a limiting factor for peercoin in the foreseeable future.
[7] http://coinmarketcap.com/currencies/peercoin/#markets
[8] Not as active as doge or bitcoin, but it looks like there's activity on http://www.peercointalk.org/, and /peercoin is quiet but not dead.
[9] http://www.peercoin.net/assets/papepeercoin-paper.pdf ; also available in many other languages (http://peercoin.net/whitepaper)
[10] http://www.reddit.com/CryptoCurrency/comments/2r6sqb/section_of_paycoins_source_code_designating_a/cnd096x 110101002 makes allegations along these lines. However, none of the critiques seem to be relevant and aware of the current Peercoin code. The claim is made that it was made centralized but I'm not aware of a Peercoin source that seems to make this claim. There are probably far better critiques and defenses of the security of Peercoin's proof-of-stake out there. I don't know how to best find them. This will be the topic for the challenges for this article.
[11] disclosure; acknowledgement; fix
[12] I have heard claims about "nothing-at-stake" attacks, which are based on the idea that a user might have stake in the system, then get the stake back, sell it, and then try to make their own chain building off the point where they had stake. This seems conceivable to me, but I do not know anywhere near enough to be able to make a reasonable argument one way or another. Unfortunately, most of the discussions on Proof-of-Stake seem more about ... well, there's no way to phrase it politely, but they don't seem to be reasoned consideration of the merits but just static.
http://www.peercointalk.org/index.php?topic=2351.0 - This is an example of a critique which is shot down. Is it valid? You decide. From reading their view of it, it sounds like not.
[13] http://www.reddit.com/peercoin
[14] I found this relatively late in my process glancing over /peercoin. http://www.peercointalk.org/index.php?topic=3733 The details of this feature will be considered out-of-scope for this article, already taking longer than I anticipated (as usual).
[15] https://www.peercointalk.org/index.php?topic=4107.0
Additional Reading
http://www.peercoin.net - main site; informative and useful links
/peercoin - somewhat quiet but still active and informative
https://bitcointalk.org/index.php?topic=793142.msg8933791#msg8933791 - Peercoin discussion thread
Peercoin whitepaper - (other languages available)
• peercointalk.org - Main discussion forum
Daily challenge
~~Every day I post a challenge worth about $1. The first two day's are still unattempted. Yesterday's has been awarded.
Today's challenge focuses on Peercoin security. A changetip $0.50 tip will be awarded to the comment which in my opinion provides the best information about vulnerabilities in Peercoin's current consensus algorithm / implementation. This may be a link to a source that provides this information or a comment, but a comment referencing fixed problems or simply asserting issues without support will not be accepted as qualifying.
On the other side will be a 1 PPC reward sent to the Peercoin address of your choice for the best argument supported with evidence that Peercoin's consensus algorithm is not vulnerable to any attack. This is a very broad claim, and I wouldn't know how to support it myself, but that's why I'm throwing it out there for discussion.
Making an argument for both sides is allowed and encouraged.~~
[I don't remember if I ever paid up on this. I think I might owe TotalB00n a couple PPC...]
Donations and Disclosure
It has come time again for me to note that I am not an authority nor should my words be used for anything other than entertainment. I am not providing investment advice and you should do your own research independently before you make any investment decisions. Cryptocurrencies may lose all value from technical flaws or simply a loss of faith in their value. Store your treasures in heaven, not on earth nor even in a blockchain. Be gentle and loving in deed and in thought.
I currently hold about 17 PPC.
If you would like to donate PPC to me directly, you may do so at: PDcpAFGWEAJDTey6ghY4FRvvphXv9zkjmn
Thank you all for reading and all of your support! This has already been a great experience for me and I'm looking forward to the excitement still to come.
Well, it doesn't get much lazier than that. Apparently PPC has dropped in price rather significantly since January. I don't know any of the news on it. Informative, eh?
...okay, I'll do a mild amount of "research". One moment.
Well, they have a new release coming out. [15] But I don't see anything obvious from a quick glance at top stories in that subreddit over the past year to see why it crashed over the last five months.
So...hey, let's go really lazy. Rather than me giving you the answers, why don't you tell me wtf happened here? xD
Up next: Nyancoin!
submitted by coinaday to CryptoCurrency [link] [comments]

new huge onion link list

submitted by eriht4 to onions [link] [comments]

I rewrote the sidebar text

Markdown (source): First, Rev 1, Rev 2, Rev 3, Rev 4, Rev 5, Rev 6. Use RES or orangered me to get latest.
Changes (First->Latest): (excl. minor edits)
“third” to “fourth” “annum” to “year” Remove “to” Restore paragraph split Restore peerco.in since it's back online Numbered list to bullet points Edit descriptions of exchanges Update link Add marketplace Clean up Link to Bitcoin, Litecoin, and Namecoin Wikipedia pages (last Rev 6 edit) Link to Proof-of-{Stake,Work} explanations Edit cointip text Change FAQ/wiki links Add example screenshots Remove btcto.com until they come out of testing Add link to service list BTC-e now supports two-factor authentication Add Mt.Gox Add important facts link 
Screenshots: current sidebar vs suggested sidebar.
Comment with any suggestions or ideas you have.
PPCoin or Peercoin is the cryptocurrency with the fourth highest market cap after Bitcoin, Litecoin, and Namecoin. It is the first known iteration of a combined proof-of-stake/proof-of-work coin.
It is designed to be energy efficient in the long run, have a steady inflation rate of one percent per year, and (through proof-of-stake) be free of dependence on miners.
/PPCoin FAQ, wiki
Official website, FAQ, wiki
Wikipedia article
Important facts
Getting started
Walkthrough for Peercoin wallet setup
PPCoin.org faucet (free Peercoins)
PPCoinTalk marketplace
List of exchanges and other services
Exchanges
All support two-factor authentication.
Utilities
USD converter (peerco.in)
Cryptocurrency value tracker (altco.in)
Ticker for Chrome (Creator's announcement thread)
Ticker for Firefox (Creator on reddit)
Forums
PPCoinTalk.org
BitcoinTalk.org (alternative currencies section)
Related subreddits
PPCoinMining
Cryptocurrency
Litecoin
Bitcoin
BitcoinTip (Quick Start Guide)
ALTcoinTip
BitcoinTip and ALTcoinTip enabled on /PPCoin.
submitted by AnonymousEntity to ppcoin [link] [comments]

An analysis of the state of ppc at the moment.

Disclaimer; Do not overly rely on the information below, a large part of this is speculation, and while I have done a bit of research I do not claim to be any kind of authority on PPC.
If you find any mistakes please inform me and I will attempt to fix them ASAP.
What ppc has going for it
  1. PPC is relatively fast compared to most other crypto currencies, and has a fixed transaction fee unlike other crypto currencies such as bitcoin.
  2. Is so far the only crypto coin built on the idea of proof of stake(yet).
    [Why should this matter?; In cryptocurrencies based of proof of work, things like confirmations(e.g; a lot of exchanges require 3 to ten confirmations before they accept your bitcoin) are done when blocks are mined, this is fine as long as blocks are being mined, but when an error occurs(like TRC yesterday) where a difficulty adjustment results in a large amount of the miners leaving, the currency grinds to a halt and no transactions can be completed. With proof of stake coins which have allready been mined carry out these functions, so ppcoin can continue to function even in the absence of miners.]
  3. Energy Efficency; This leads to Peer to Peer Coin's third advantage, not being dependent of miners like other crypto currencies PPcoin is free to be energy efficient.
    Explanation; Bitcoin miners are buying bigger and bigger machines and using more and more electricity to generate Bitcoins, while not too much of a problem on this scale if Bitcoin ever becomes as big and as accepted a means of payment as credit cards or paypal the amount of power being consumed globally would be staggering, and very very inefficient(as all this is being wasted aside from the generation of Bitcoins.) PPC however adjusts difficulty geometrically as the popularity of PPC grows. So in such a scenario while the value of PPcoin might be astronomical, difficulty would scale so that it would be financially unprofitable for too many people to be mining. And thanks to proof of stake PPcoin would continue to function in such a situation.
  4. Growing acceptability; PPC is being adopted by bigger exchanges such as BTC-e on the fifth of april, as well as hints of ppc at mtgox. Additionally PPC now has the third hightest Market Capitalization
Summary; PPC is fast, reliable, resistant to scenario's which cripple other altcoins, and is designed for the long term, and seems to be slowly growing in acceptability.
What is going against PPC
  1. While it has potential very few places currently exist which accept PPcoin. Bitcoin is now becoming accepted in several "real" shops, while litecoin now has it's own silkroad in the form of Atlantis. PPC unfortunately(like many of the other altcurrencys) does not yet have any such marketplace, and its only current use is the purchase of bitcoins.
  2. PPC's value is currently fluctuating heavily, Vircurex's server issues right before BTC-e's implemetaion of PPC resulted in PPC experiencing its first major bubble in its first few hours unlike most other altcurrencys first few weeks.*
    *[mostly speculation; This might be as people knew that the supply of ppc would rise as soon as Vircurex came online, and were determined to sell before this lowered the value of ppc. Combined with people focusing on TRC as it was added to BTC-e first, and being suprised when due to the miner issue PPC reached the market first, and overbidding in their haste.]
  3. A more temporary issue; PPC might soon be flooded as Vircurex comes back online, and if people panic and flood the market with this additional supply. HOWEVER given that the current price of PPC is currently equal or below the level of ppc prices before Vircurex closed, and additional currencies are in Vircurex the price of ppc might not actually fall all too much as people might refuse to sell at a loss.
Conclusion; While PPC is designed to be used on a wide scale, and seems to be growing in acceptability, it doesn't yet have enough services, and is facing a risk of collapse. So if PPC survives its current difficulties it should grow to equal and eventually exceed litecoins, but only if it manages to weather it's current pricing issues.
edit; so if you want to help PPC succeed, please build services which accept ppc.
edit 2; Issue three has passed. Hooray.
submitted by bagog to ppcoin [link] [comments]

Best way to buy PPCoin

Hi guys, I want to get started with PPCoin but I am a total beginner. While understand many of the underlying concepts, I wonder what is the best way to purchase PPCoin with USD. The following is obviously important to me:
  1. Security - What exchange sites are genuienly trustworthy
  2. Fair Exchange rate - What is the best way to ensure getting a fair exchange rate.
I am seeing two variables:
a) Buying first BitCoins and then exchanging for PPCoins or Buying BitCoins directly with USD
b) Selecting the right exchange in terms of trustworthiness and fair price. The prices seem to differ quite a bit from exchange to exchange.
submitted by riensen to peercoin [link] [comments]

1st BTC/Altcoin Mining Guide, Feedback Welcome!

When I decided to write this guide, I was throwing cryptocurrencies around like they were nothing. I was foolish in the fact that I disregarded the exchange fees that are attached with the services that those exchanges provided. I'm in by no means a cryptocurrency genius, and I'm still not extremely seasoned at it, but I've learned enough about cryptocurrencies in the past month that I feel confident to pass on the knowledge I have learned and to help those who are overwhelmed on where to start.
So what exactly is a cryptocurrency? According to technopedia (n.d.) a Cryptocurrency is a type of digital currency that is based on cryptography. Cryptocurrency uses cryptography for security, making it difficult to counterfeit. Public and private keys are often used to transfer the currency from one person to another.
When mining cryptocurrencies, one important concept needs to be established, and that's hash rate. Hash rate is simply a unit of measurement of processing power. The more your hash rate is, the more profitable mining becomes.
This guide uses specific sites and software, chosen by myself, as a great springboard into the cryptocurrency world. These sites and software are extremely flexible, easy to use, and integrate very well together. The mining pools I've chosen are multiple currency pools, designed to consolidate a major of the cryptocurrencies together, and instead of using several mining pools, you use three.
These are the things you'll need to get started: MultiMiner
Accounts at Coinotron, The Mining Pool Co., and BitMinter
Accounts at Cryptsy and Coinbase
There are a few different ways to mine for cryptocurrencies, the common of which are using your Central Processing Unit (CPU), Graphics Processing Unit (GPU), and Application Specific Integrated Circuit (ASIC) devices. CPU based mining is not profitable any longer, and will cost you money in the end by increasing electricity costs. GPU based mining is still popular, but losing steam against ASIC based mining. If you choose to use your GPU for mining, AMD/ATI based graphics cards (especially the Radeon HD 79xx series of cards), are the most efficient. If you have an nVidia based graphics card, I'm sorry. You can still mine on nVidia cards, but your hash rates are going to be much slower when compared to their AMD/ATI counterparts. If you chose to use GPU mining, Black Friday or Cyber Monday are you best bets for upgrading your equipment. ASIC based mining is quickly losing value with the changing difficulty on all networks, but it's the most cost effective way to increase your hash rate, and see a positive return on any equipment purchases. If my math is correct, using the methods in this guide, in order for any ASIC device to yield a positive cash flow, you've got to get a device that has at least a 5Gh/s rate (such as the Butterfly Labs Jalapeno).
Now for the fun part, explaining how everything in this well greased machine is going to work. Patience plays a big part in the cryptocurrency world, and when I first started, I had none. I was so eager to see the amount of Bitcoin go up, regardless of how much I was getting penalized in fees from trading. So, that's the first step on your journey. PATIENCE. I CANNOT emphasize this enough. Sometimes, you've just got to hurry up and wait, the effects of waiting things out on the cryptocurrency market WILL PAY OFF.
Step one of this machine is signing up for all three pools (BitMinter, Coinotron, and Mining Pool Co.). This is so that you can actually get server addresses to plug into MultiMiner, after signing up for these services though, you've still got a ways to go.
Step two is sign up for Cryptsy. I chose Cryptsy because of the features they're going to offer at a later time, as well as support for 60 cryptocurrencies (which covers all but one of which we can mine). When your Cryptsy account is setup, you will need to go into the Balances portion of Cryptsy, and find all of the currencies in which you will be mining from the pools. Once Balances are loaded up, you will need to click on the Actions button next to the currency, and click Deposit / Autosell, and then Generate Address. There's a small clipboard near the address it generated, and that will copy the address for pasting in the mining pool websites. You will want to copy, and paste all of them to a text document, along with which currency it belongs to. Not only does this keep you from juggling back and forth trying to figure out things, but it helps for reference and setting up MultiMiner.
Once you have those accounts setup, you'll want to sign up for Coinbase. A WORD OF WARNING FOR THOSE WHO ARE PARANOID... Coinbase will want to link to a bank account, this is mandatory if you want to trade your currencies for cash. If you want to trade currencies, just for the sake of trading, then you can skip Coinbase altogether. You can transfer your Bitcoins from Cryptsy straight into Coinbase, and then sell the Bitcoins from Coinbase, and straight into your designated bank account.
MultiMiner, oh how amazing you are. For every cryptocurrency available in all pools, you will need to add these coins, along with server addresses, log-ins and passwords. To do so, click on the drop down next to the Settings button, and click Coins. From there, click on Add Coin, and choose each coin from a pool. This will list it in the box to the left, and give you the ability to add information on the right. You can add multiple servers as well, in case the current server you're mining on goes down. After all your coins are setup, you'll need to setup your Strategies. Click the drop down next to Settings, and chose Strategies. Check the Enable Strategies check box, choosing Straight Profitability from the drop down, and checking the Strategy every five minutes (that way you're not losing money by mining something that has dropped in price). This aggressive price checking makes it to where you're always on top with whatever you're mining. Also make sure you have Mine the Single Most Profitable Coin selected. Stick with CoinChoose as your price source (under Settings), as CoinWarz charges for there services beyond a certain point. Click Start, and take a vacation.
Reading the charts on Cryptsy can be a little tricky, and scary if you've never saw those types of graphs before. Those graphs are called Candlestick Charts, and are used primarily in the stock market. I won't go in to great detail on this, however, you can find a nice cheat sheet on the subject here.
I hope everyone enjoyed the guide, sorry for being punctual and brief, but there isn't anything too elaborate of complicated about searching for cryptocurrencies. I love mining as a hobby, mining's fun, and if there is any money to be made off of mining from my end, great, if not, I had fun mining.
While compiling a spreadsheet of the minable currencies in this guide, if everything is set up correctly (and assuming servers aren't down), you should be able to mine the following:
And while Mining Pool Co. offers ASICcoin and Unobtainium, ASICcoin isn't supported in MultiMiner, and Unobtanium isn't supported in Cryptsy. I still mine for Unobtanium in hopes that Cryptsy will include it one day.
References
Cryptocurrency. (n.d.). In technopedia. Retrieved from http://www.technopedia.com/
submitted by ford0415 to BitcoinMining [link] [comments]

Ask everyone you shop with to accept Litecoins!

I just posted another topic about this focusing on online vendors, but I want to reiterate that we really need you asking EVERYONE you want something from to accept your Litecoins.
If they know about Bitcoins, be sure to relate Litecoins to Bitcoins and talk about how Litecoins are designed to be more practical for smaller and faster transactions than Bitcoins. Litecoins are particularly great for the quick $1 - 500 transactions that are most common in day to day life, whereas Bitcoins are better geared to larger transactions where you don't mind waiting longer and paying larger fees to be sure they've gone through successfully.
If they know about mining, talk about how Litecoins are great because they will be able to take advantage of hardware which will no longer be efficient for Bitcoin mining as ASICs take over the Bitcoin network in the next few months. Tell them how anyone who can buy a graphics card for their computer can mine Litecoins efficiently thanks to the ASIC-protective scrypt algorithm and how that will give more freedom to people in oppressive regimes like Venezuela by giving them a legal and discrete means of acquiring an internationally tradable currency.
If they have concerns about chain forks on Bitcoin taking down the network temporarily, talk about how Litecoin is the best fit as a backup chain to provide less risk to everyone of markets coming to a halt when a bug affects one of the networks. Tell them this is because it's as fair as Bitcoin and can be mined with hardware that's no longer useful for Bitcoin mining.
If they know about other chains (PPcoin, Terracoin, Novacoin, etc.) tell them how they all have fatal flaws (they would all cannibalize hardware that could be used to mine Bitcoins, for instance). Tell them how most are created by unethical developers (Novacoin and PPcoin were created such that an absurd number of coins were generated in the first week and very few are now... basically a premine, and Novacoin was even worse by actually premining coins and using them as a bribe in order to be accepted on the BTC-e exchange). Litecoin on the other hand was created in an ethical way with no premining, no serious deviations from the Bitcoin philosophy, and in a way that allows it to coexist with a purpose alongside Bitcoin. Litecoin's creator was even invited to speak at this year's Bitcoin conference and is well respected among the Bitcoin community.
If they aren't familiar with Bitcoin, tell them about how Bitcoin and Litecoin are based on the same technology which allows a limited money supply and secure transactions and wallets without having to rely on banks. Tell them that they are the product of some of the world's greatest cryptography and networking geeks and are basically the internet of money; they are how everyone will do trade in a decade and they protect the whole world from the capricious instability of central banks. Tell them that since the money supply is forever strictly limited, early adopters will be rewarded if they keep their savings in Bitcoins and Litecoins.
If they still only want their normal currency, tell them that it's easy to exchange Litecoins for national currencies with low fees (generally 1% or the cost of a wire transfer) and that Litecoins will still give them better protection from fraud because Litecoin transactions are quickly confirmed and irreversible.
If they really want to know more, give them this link: http://redd.it/1bbfdc
We need places to spend our coins and vendors stand to gain a lot from supporting Litecoins. At this early stage, every new vendor will be big news in the Litecoin community, so tell them that they should expect free publicity from accepting Litecoins too. So please, tell everyone you want to buy anything from that you want to pay in Litecoins!
submitted by Normif to litecoin [link] [comments]

Tiny PPCBTC Ticker for Chrome

In the same spirit as Tiny LTCBTC Ticker, I made Tiny PPCBTC Ticker, a super simple extension that shows current exchange rates of PPCoins in Bitcoins via btc-e data.
https://chrome.google.com/webstore/detail/tiny-ppcbtc-tickenknlbflgcifnoipobbndhhjilbailplh
Details in the description. These extensions are standalone in order to be able to have multiple currencies in multiple icons (which I personally like anyway). Happy to hear your thoughts!
PS: Yes, I made that PPC logo specifically for the extension :)
submitted by -Mahn to ppcoin [link] [comments]

CoinMKT exchange opens in 2 days, let's ask them to support Primecoin!

They say on their exchange coinmkt.com:
Trade multiple cryptocurrencies. Coin Market supports several cryptocurrencies, not just Bitcoin. Here you can trade Litecoin, PPCoin, TerraCoin, NovaCoin, and more. With cryptocurrency being in its infancy, we think that many coins have the potential to grow into commerce drivers. And we give you the ability to get your hands on the ones that show the most potential.
Let's ask them to support Primecoin. Primecoin is a coin with an active community so it should be easy to show them that they can earn more money in trading provision by supporting Primecoin on their site!
I wrote them on facebook, because I didn't find an e-Mail address.
This their facebook page This is their twitter
Thanks!
submitted by asdfasdf4r to primecoin [link] [comments]

Three new cryptocurrency technologies [show ideas]

There is lots of information out there on bitcoin now, but I don't hear too much about other cryptocurrencies. I'd specifically like to hear more about three other cryptocurrency technologies.
Chris Odom and the developers of Open Transactions claim to have built a system which offers truly anonymous digital cash transactions. This is something the bitcoin cannot do at the moment. In a recent Reddit link there was talk of using Open Transactions with BitMessage to start implementing a P2P currency exchange.
I have heard a lot of interesting use cases for Namecoin, which is essentially a "peer-to-peer generic name/value datastore system", from user authentication systems, issuing stocks, to a USD backed currency. A good interview on about the system might be Hiro White, if you can get in contact with him on IRC. I'd love to know what new systems are available to use which are based on namecoin or even a intro on how namecoins can be used to create your own .bit domain name.
Ripple is the system I know the least about. I have tried to trade for bitcoins with the system, but I feel like I'm using the system wrong, or it is not completed yet. I also wonder about whether ripple is a decentralized or uses a block chain. Is there a spokes person for the project that could explain the system?
I also enjoy hearing about any of the other alt blockchains as well including litecoin, ppcoin, devcoin, teracoin, etc..
Thanks! I look forward to more big shows!
submitted by dmp1ce to planbshow [link] [comments]

Sell Altcoin Page

I need a website build with Paypal payment and Coinbase payment. The product we are selling is an altcoin. 5 pages needs to be build with sample website:
  1. Homepage (elements taken from ppcoin.com's home page)
  2. Services page (list all the services that are catered to our altcoin)
  3. FAQ page (kind of like this: https://onlycoin.com/support/faq/)
  4. Exchange page (List all the exchanges that trades our coin)
  5. Branding page (Show our logo, payment logo, eps and png for the images)
Functionality: 1. Calculate the price of the altcoin based on the price of Bitcoins from Coinbase 2. Forward to Coinbase page with the right prices. 3. Forward to Paypal page with the right prices.
Required Skills: - HTML/CSS - Design Icons - Small design changes
Time required: - 2 days of full work?
Payment: 0.5BTC
submitted by bittycoin to Jobs4Bitcoins [link] [comments]

I rewrote the subreddit FAQ

Markdown (source): First, Rev 1, Latest
Changes (First->Latest)
Superscript download sources Add note about fractions Add sources for download links 
Comment with any suggestions or ideas you have.
What is Peercoin?
Peercoin (Project name: PPCoin) is a relatively new cryptocurrency (August 19, 2012) which like all other major cryptocurrencies is based on Bitcoin.
Peercoin is currently the cryptocurrency with the greatest number of innovations. The key difference being that it implements a proof-of-stake system in place of the proof-of-work system. This system is designed not only to make Peercoin truly energy efficient in the long run, but also to dramatically raise the cost of a 51 percent attack, and to facilitate a steady predictable inflation rate of one percent per year.
Terminology
Peercoin is what you'll likely call it in daily speech. It's easily pronounced and looks good in text.
PPCoin is the official name of the project and coin.
PPC is its currency code and an acronym for Peer-to-Peer Coin.
Cryptocurrency is a currency relying on cryptography for authenticity.
How do I buy Peercoins?
The most common way is to buy Bitcoins and trade them for Peercoins at an exchange. Popular exchanges are listed in the sidebar.
HowToBuyBitcoins.info
List of ways to buy Bitcoins
Note: You can buy fractions, i.e. half a Bitcoin or 0.31415 BTC.
How do I get a Peercoin wallet?
  1. Go to PPCoin.org and click the money bag for the latest version or use the links below.
    Windows (Sourceforge)
    OS X (Mega)
    Linux (Sourceforge)
    Links revised 2013-07-02. Sources: PPCoinTalk, Github PPCoin wiki.
  2. Install and open.
    Note: Until the wallet has synchronised with the network, you may not see coins sent to your address.
  3. Encrypt and backup the wallet. (optional, but strongly recommended!)
How many Peercoins will exist?
Simple explanation.
Was Peercoin premined?
No, the first block was not mined until 18:19:16 UTC, whereas the coin software was released to the public at 17:57:38 UTC.
Additionally, Peercoin has had arguably one of the most fair launches of any cryptocurrency to date.
submitted by AnonymousEntity to ppcoin [link] [comments]

The Exchange Go-Trade.com

Dear members of the community!
We present you the Exchange of automated trading with cryptocurrencies : BitCoin \ Litecoin \ Dogecoin \ Namecoin \ Novacoin \ PPCoin \ USD.
Go-Trade.com
We offer:
The elaborate security: In developing the project we have provided potential errors which affect to the security of financial information, users' personal information, the protection of your accounts (two-factor authorization), as well as the safety of Deposit/Withdraw as one of the main conditions of security, including the security of storing your cryptocurrencies and fiat money.
Trading instruments:
The Exchange Go-Trade.com suitable for both novice users who want to easily exchange their money at the market rate, and for experienced traders who are active in the vast of financial investment.
Warranties:
For the smooth operation of Go-Trade.com formed stabilization fund, which amounts to 100% coverage of all assets on the balance sheet of the exchange.
Support: Online chat, where you promptly can get answers your questions.
Please also note - for us it is important to the opinion of our customers! If you want to give us advice, recommendation, or to write about our work, we will be happy to receive your comments on email: [email protected].
Сryptocurrencies: Bitcoin, Litecoin, Dogecoin, Namecoin, Novacoin, PPCon
The Exchange Go-Trade.com provides opportunities to exchange not only known to you the giants of cryptoindustry Bitcoin and Litecoin. Also, we will offer you to review with the perspective cryptocurrencies. To date, according to our observations, Dogecoin increasingly covers the markets of cryptocurrencies. We are constantly working with the list of cryptocurrencies and we will expand this list in depend on growth of capitalization of the Coin. We will notify you about all the interesting news in the world of cryptocurrencies through the branch of news on the exchange Go-Trade.com, as well as through the popular social networks: Facebook, Instagram.
Trading pairs:
Our financial operators of replenishment in automatic mode:
• PerfectMoney
• OkPay
• Payeer
These operators are available in manual mode:
• Webmoney
• Yandex money
• Qiwi
The information for all users:
Dear customers, if you find an error on the exchange Go-Trade.com, we are grateful for the prompt notification about its presence. Compensation is guaranteed! The amount of compensation will depend on the structure and size of detected errors!
We understand that in recent time the new exchanges is appearing more and more every day, and we will make every effort to win the trust of respected members of the community.
The first 100 registered clients receive on the account of 1000 DOGE for the test, which can also be withdrawal!
We invite you to register on the Go-Trade.com
submitted by GoTradecom to Bitcoin [link] [comments]

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