Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [PMP] PreminePlus Launch ~ Logo Contest ~ Oct giveaway SIGNUP NOW!
by
Nullu
on 21/09/2014, 10:25:39 UTC
I remember during PMC where we talked about looking for a pool that would allow you to indirectly mine PMC by mining other currencies, selling them, then buying up PMC. Are there still any POS mining pools around? They used to be quite popular.

Multipool is not needed,you can do it yourself.Mine another coin,sell,and buy PMP.Simple.The problem is,that this coin has no trust among the comunity.Everyone is staking his free coins and waits for a miracle.Go to buy,till the price get higher,there is no problem to get this coin to 1BTC,but you loosers have to invest into it.I have started to buy PMP,and i will invest everything i can mine into it.But one person is too little.What do you think?If you just wait till the price grows,it can happen,that everybody does it=coin is dead.If you buy now for 0.001 BTC tomorrow the price can be 0.1 BTC.The more you buy,the bigger the coin,then will BIttrex or any other exchange add it without any need to vote.

So my friends,if you wanna wait do it,waiting kills coins.In the end,it can happen,you will have 500 PMP without any value.

Well, yes, the coin needs buy support, and what generates buy support is excitement that the value will increase. The coin is gaining new features regularly, and I think it's a great investment for the future of the coin.

Remember SYNC?Great coin,new features,price went up to 2 BTC.Now its around 0.7 BTC,and falling.Why?People just stake,waiting for more coins.If you know,how money work,you know,that the value depends on circulation.Not moving,dead coin without any value.I can also have have my wallet full of German Marks,but they have no value.People selling low,are the guys,who dont believe in another coins,they got some coins for free.Now they are selling,and investing into their favourite coins.Good for us,we can buy cheap.We get more coins,and the price will grow.Your stupid excitement will come,as the price gets higher.Waiting for a miracle doesnt work.Even the best dev cannot force you to buy the fucking coin,if you dont want to.
And for the devs:Try to make a store,to sell stuff in PMP,maybe mining rigs.....Remember,coins in wallet are just another dead currency.


I'm well aware POS can cause downward selling pressure, but I'm also aware that a coin with new features drives upward selling pressure, as people invest in a coin hoping for it to rise.

I totally agree with you, by the way. Coins just sitting in a wallet is no good for a coin. We do need services. We do need reasons to move the coin around. To buy it more than sell it.