Quote from: kbroadfoot on March 03, 2014, 07:19:57 PM

Quote from: Mivexil on March 03, 2014, 07:12:30 PM

Quote from: solid12345 on March 03, 2014, 06:55:42 PM

Quote from: Mivexil on March 03, 2014, 06:47:48 PM

Imagine somebody gave you some weird, difficult to use and not very useful to you technological device - for example, a ham radio. Would you try to understand how it works and become a hobbyist radioamateur, or just pawn it for $500 at the local thrift store or something?

And even that is assuming that the dev doesn't make a few thousand sock puppets and claim the coins himself, left pocket to right pocket. A very optimistic assumption.

I get what you're saying but is crypto really any less complicated now for the average person acquiring it the "normal" way? I wanted to pull my hair out trying to help my dad buy bitcoin from coinbase, setting up 2FA and then send it to another exchange and buy PMC. I don't think every citizen of Iceland will start using it but I think the media attention will be huge. Besides in a smaller city all it really takes is a few guys with a booth set up to help the average person out, and even convince them to hold onto their money for a long time until crypto is easier to use for the common person.

Yeah, but the only reasonable way to proceed is "dump before your neighbour dumps". In this case, it's even your actual neighbour Wink

However you want to look at it, it's 500 times the market cap flooding the market in one instant and making the currency worthless. Honestly, would you hold on to that? Even if you were to get into cryptocurrencies, it's still way better to sell it for BTC (or PMC Wink

)

Anyway, back to PMC, seems like the market is somewhat in the red now... guess people really want to get on that AUR train. They're gonna be surprised when it falls off the cliff, and they'll end up rebuying their PMC way higher Cheesy

We can only hope.... there is someone totally badmouthing PMC in the trollbox at Polonex as well... claims the 'Dev" is pumping and dumping PMC..... what is it with some people? I don't think the DEV has even sold any PMC there... bought it yes... but sold it? Don't think so...

That, uhm, might have been me Cheesy

I said a while ago that the dev has given away all his coins, rebought some of them (AFAIR?) and for me, he can do whatever he damn well pleases with them. Seems like somebody there misunderstood me Wink