Post
Topic
Board Announcements (Altcoins)
Re: [ANN][PRT] Particle | CPU/GPU, Fast, Easy Mine, * NO PREMINE * | Official Thread
by
PRTcoin
on 15/01/2014, 17:07:51 UTC
Need to make hit list of services to stand up.  Maybe plugin for phpbb or something to track.  Need infrastructure up in place.  Miami Bitcoin Conference in 10 days, maybe can capitalize on what sure to be spike in publicity/interest.  Then next big conference in March.  Can ride the waves.

Some things:

1. I paid guy to make local exchange but no deliver.  Need Local exchange like localbitcoins with web service or REST API so we can make plugin right in wallet.

2. Need research see if open source "app store" type back end website exist for people to upload user made wallet plugins.  Could then in future version have the "store" or directory in the wallet to find add-ins and install.  Plugin format is compressed with image,assembly that implement interface, metadata file.

3. Another plug-in idea:  paper bills creation like this (https://bitcointalk.org/index.php?topic=219375.0) from within wallet, obvious without scratch and sniff part.  Great for stupid-simple offline storage way that people can relate to.  Would be cool if can create own templates for "bills".

4. Wallet add-in for display charts from cryptocoincharts.info like (http://www.cryptocoincharts.info/v2/pair/prt/btc/coinedup/10-days).

5. Wallet wrapper around external miner to make easy for people point-click-join pool-manage external miner.  I know how to capture Windows console w/ p/invoke, need to see if Mono has cross platform way.  I think this is killer feature to get newbie into pool mine Particle.  Just download external miner, tell it where is, put in pool info, click button.

6.  Need ABE up so can get on market cap website.

7.  Need integrate with payment solutions

More out of my mind as it comes.  Need get that big ball rolling for gain momentum!  Then it will roll on its own.  First will get site done, forum up, ABE up, video post produce.

I don't want to put some pressure on your shoulders, but the way I see the situation of PRT is like this, once we hit the block 60k there are 2 options, there is enough demand to make the price go up to keep mining profitable or the price stays where it's now and soon it becomes unprofitable to mine PRT, then like many other coins recently, miners will leave the coin, sell at any price and move on, some people will hold their coins hoping their value will increase when people realize it's more difficult to mine, but that never happens because there are too many other coins like to worry about this one. Yes, I also have a special feeling about PRT, but market doesn't care.

Miner always tend to think that when difficulty raises or reward decreases the price should go up because they/us get less coins for the same hash, but this is offer-demand situation, and without demand it won't matter how difficult is to mine the coin.

Now, the only way I see the first option happening is by having the new ultra cool wallet ready just before we hit block 60k, because after that block the reward drops enough to make it unprofitable at current price, so the wallet would help to create enough hype to support the drop of the reward, think that we are going to hit block 125000 in 2 weeks and that's only 180 coins per block... about 10% of current reward.



good! I think so! You have said what I want to say but I cant express  in English!