Re: Pandacoin (PND) - 8 days til POS [Multipool | NO PREMINE | NO IPO | Scrypt | KGW]
Considering PND as a long term investment, professional team of devs with good ideas, dedicated to the coin. This can lead us far away 
also below points 4 long-t investment pnd!
So Pandacoin has no premine and no IPO. Other Proof of Stake (PoS) coins such as Blackcoin and Cinnicoin can say that too.
But there is one thing that the other coins can't say.. Pandacoin has 3 months Proof of Work distribution phase which lasted from Feb 16, 2014 to May 21, 2014 . That is a total of 94 days!
Blackcoin has a total of 7 days mining phase. Cinnicoin has a total of 3 days mining phase.
Those coins can say it's not 'premine' but with such as short mining phase it might as well be premine.
Anyway, I'm looking forward to May 21 when PND switched over to PoS. In the meatime, I'll continue stocking up and mining PND.
But there is one thing that the other coins can't say.. Pandacoin has 3 months Proof of Work distribution phase which lasted from Feb 16, 2014 to May 21, 2014 . That is a total of 94 days!
Blackcoin has a total of 7 days mining phase. Cinnicoin has a total of 3 days mining phase.
Those coins can say it's not 'premine' but with such as short mining phase it might as well be premine.
Anyway, I'm looking forward to May 21 when PND switched over to PoS. In the meatime, I'll continue stocking up and mining PND.
This x100. Pandacoin PND is going to stand out among all the other POS coins JUST because of this single factor. Not to mention all the other reasons why we're awesome
Fairest PoS coin out of all PoS coins? Check
Honest coin with fair launch, no ipo, premine or instant mining? Check
Terrific marketing with name + symbol of panda ? Check
High coin cap so it can function as a currency and not a commodity? Check
Crazyily dedicated devs that saw this coin even through dark single digit litoshi times? Check
Actually making efforts to abuse the terrific marketing over in China? Check
I have high expectations for PND, and for good reasons too. I support the notion that this could be THE gateway coin to reach the general population, as stated by the devs in their vision statement. It can be doge 2.0 without the meme or incompetent deoge devs that do not want to keep up with the new alt coin tech and can actually be taken seriously by the public, either start off in China or even via the internet. I for one, like where this is going!
You forgot that it's already on a tier 1 exchange - mintpal for both btc/and ltc markets. So...
Already on a tier 1 exchange? Check
Also only coin with a territorial theme with a higher chance of adoption twards the East. PND actually has a growing chinese community -
155 fans on weibo since PND-Chinese joined the dev team and 270 on the chinese QQ chat! And this is only the start
Friendly bump on why PND is awesome and why some of the current popular coins such as Blackcoin, Darkcoin and CINNI are short sighted and will most likely die off due to their questionable pre/instamines - > http://www.devtome.com/doku.php?id=a_massive_investigation_of_instamines_and_fastmines_for_the_top_alt_coins
This link opened my eyes and taught me on what to look out for in order to find the honest coins. PND is going to stand out as the only PoS coin with more than 3 months of PoW distribution/mining phase!
+1 on the devtome.com link. What surprises me is how these coins manage to get so much hype, even with their unfair distribution systems. Like come on. 3 day POW mining phases are just ridiculous, not even to mention the insta/premines associated with the current fad coins.
I call them 'fads' because I see them what I call 'feature coins'. They come out with new coin features and the majority of them have small coin caps and are either micro niches (ie Darkcoin and aiming to be the darknet coin to service TOR sites like silkroads) or are trying to compete with Bitcoin (good luck there). Most don't realize that these coin technology could be copied or even replaced with even better technology. In my opinion only skilled and veteran daytraders should ride these hype trains generated by whales, and the smart ones will get out after making their profits, knowing that those 'fad/feature coins' have zero longevity for a long term investment.
Knowledge is power my friends, it's not hard to find fair and honest coins if you do your research!
Feature coins is a good way to put it. Thought I don't see Darkcoin lasting with its 50% fastmine. You probably will have another darknet coin with a fairer start but similar or better technologies replacing it. But it's amazing with all the coins that are listed with such sketchy beginnings still manage to gain such a cult following.
PND is sure going to be an oddball once we enter pure POS tonight, with it's honest beginnings and fair 3 month long POW distribution