What the hell is wrong with you guys?

Price for PND has been stable around 1-1.2 mill market cap. It's bitcoin price going up that caused the change in value in terms of satoshi. But with USD value it's still the same.

World's first main wallet with the ability to switch to a lightweight version of the client on demand!

This is possibly the biggest crypto wallet innovation that had been released in this history of the cryptoworld? Begs the question why havn't any other alt coin teams tried anything like this before. Blockchains are just going to keep on getting bigger. POS based coins don't want their users using litewallet in general as they dont secure the network or stake, but eventually when we're looking at double digit gigabytes of data, there's bound to be users that need a lite client.

But great forward thinking by the devs. You guys have stepped up your game big time. I no longer have any idea what we as a community should expect next...(in a good way! )

Yup, there's quite a few notable cases and situations where people sold and got screwed bit time. Here are some examples so you don't make the same mistake to the new Pandas:

- That whale that dumped 1.2 billion PNDs to 1 litoshi? It recovered back to 200 litoshi quickly. No idea what he was thinking.
- Those that dumped PND after the August 30th release from 500 litoshi back to 200 litoshi? Who dumps after such a grand release?
- Siarhei here on bitcointalk, aka @cointrades on twitter. Bragged about making 17.5 BTC by dumping it on 8 satoshi, and trying to do massive fuds to drive prices down. Hope you bought back your pnds at a loss hahaha.

Don't add yourself to the above list mmkay?

Thanks for getting back Jommy. You'll get more users and credibility if it looks more clean and professional since you can purchase things on there. But awesome to hear that you're developing it. Thanks for your contributions to the community!

Hi Jommy, thanks for operating buypnd.com, purchases couple hundred dollars worth there, and it's been a smooth experience so far.

Question for you  - do you have any plans to upgrade usepnd.com and give the website a much needed makeover? Currently the user experience is really sloppy and it looks unprofessional - world's apart from the impression that buypnd.com gives.

Current thoughts -

-Too many menu items, rule of thumb for most websites is consolidate it to under 5, with drop down menus
- Lack of branding for the site - looks like an obvious cheap wordpress website (forgive me, but hope you can take the constructive criticism since buypnd.com looks so nice).
              - Need a logo created for your website, and not use the coinpayments.net one
- Footer is messy and does not provide optimal navigation for users

Looking forward to your response

Don't be silly, never sold a single PND, I doubled my holdings after seeing what the devs had planned for the release.

I came across an article with some statistics and it got me thinking about current crypto adoption in first world nations. Link to said article - http://cointelegraph.com/news/112311/australias-tax-office-releases-bitcoin-guidelines

Article estimates approximately 40,000 active users of bitcoin from Australia. Let's be generous and factor in another 100,000 'inactive' bitcoin users from Australia shall we? So we have around 140,000 btc users in Australia, but let's round that up to 150,000 figure to make it nice and easy.

Current population of Australia is 22.68 million. So let's factor out 1/3 of the population that are either too young or too old to use cryptocurrencies. This leaves a potential market of 15 million that COULD get into crypto in Australia.

So back of the envelope calculations -

Rough % of bitcoin adoption in Australia = Number of active + inactive users of bitcoin / potential market population that COULD use crypto
                                                           = 150,000/15,000,000
                                                           = 1% approx adoption rate

Morale of the story? PND doesn't need to reach the crypto space. And the PND devs knows that

The above could most probably be modelled for most other first world nations. Now stop and have a think about what's the current adoption rate of ALTERNATIVE CRYPTOS WHICH IS NOT BITCOIN. It's less than bitcoin adoption rate for sure. Is it another 1%? 0.1%? 0.01%?

Have a think about our dev's vision of targeting the masses outside of that approx 1% crypto adoption rate. Every alt coin is fighting within that space. The devs want to escape that ultra small % of current crypto users and reach out to the rest of the other 99%. Even if we are to be generous and give the entire crypto adoption of say 10%, this is still a 10% vs 90% situation.


Have a think about that for a moment will ya my fellow pandas

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Uh some people have not heard of inflation? Why doesn't someone just create a coin with 1 million % annual interest and see how fun hyperinflation is?

"Governments worldwide strive to maintain an inflation rate of around 2 to 3% to sustain a healthy economy. Pandacoin is designed to simulate this with an annual inflation rate of 2.5%. Bitcoin suffers from 10% inflation rate for the year 2015."

Glad that's on our homepage. 20% interest = 20% inflation. Topkeks

What I'm seeing right now is most people just expect the devs to do all the hard work and carry them to the top. They've done the hard yards and delivered, but some of you here are ungrateful and unappreciative.

But it got me thinking. What have YOU (as a member of the pnd community) done for the coin lately besides looking at the moon and hoping?

Have you been showing the intro video, homepage, PandaBank, PandaMiner, BrowserMiner and the Crypto Crash Course to people that you know that's interested in crypto but never got started?
Have you donated to PND4PND?
Have you contributed to the Development Community Chest?
Are you actively trying to help out and build services around PND like Jommy99, mtrycz, rghmodz, drake emko and others?
Have you been retweeting and promoting PND?
Have you been suggesting ways on how to improve the coin and help the devs achieve their vision for PND to be the global choice of digital currency for the masses?

So...what have YOU done for PND lately?

Go to conference. Market to hundreds.

Make coin easy to use, buy, mine and understand. Market to millions.

See the difference? Dev's had stated that they've had yet to market Pandacoin, and had been waiting for the first major update to do so. I couldn't understand why before, but now it's clear - they required the right tools to market to the general population. They have that now, and now even just the crypto crash course will stand its on by bringing in new users to the pandacoin.

Your move buddy.

Late to the party! But awesome work devs! Thanks for delivering and I look forward to Part 2 of 'Rethinking Cryptocurrency'

So now we have Pandacoin that is easy to use, easy to obtain and easy to understand, next part will make it easy to spend and accept as a form of payment?! Niceeeeeee.

Btw you misguided poor souls that are buying into irrelevant developments and innovations just don't understand huh? Bitcoin + altcoin adoption is at less than 1% of the general population at the moment, with like 1000 alt coins fighting for the same marketshare. It's not too hard to understand that the real winner is the one that gets used the majority right? The PND devs are heading right into that direction!

Try telling those "cool blackcoin features" to your friends that have only heard of bitcoin and see if they care.

Just to add fuel the to fire, I came across an article with some statistics and it got me thinking about current crypto adoption in first world nations. Link to said article - http://cointelegraph.com/news/112311/australias-tax-office-releases-bitcoin-guidelines

Article estimates approximately 40,000 active users of bitcoin from Australia. Let's be generous and factor in another 100,000 'inactive' bitcoin users from Australia shall we? So we have around 140,000 btc users in Australia, but let's round that up to 150,000 figure to make it nice and easy.

Current population of Australia is 22.68 million. So let's factor out 1/3 of the population that are either too young or too old to use cryptocurrencies. This leaves a potential market of 15 million that COULD get into crypto in Australia.

So back of the envelope calculations -

Rough % of bitcoin adoption in Australia = Number of active + inactive users of bitcoin / potential market population that COULD use crypto
                                                           = 150,000/15,000,000
                                                           = 1% approx adoption rate

Morale of the story? PND doesn't need to reach the crypto space. And the PND devs knows that

The above could most probably be modelled for most other first world nations. Now stop and have a think about what's the current adoption rate of ALTERNATIVE CRYPTOS WHICH IS NOT BITCOIN. It's less than bitcoin adoption rate for sure. Is it another 1%? 0.1%? 0.01%?

Have a think about our dev's vision of targeting the masses outside of that approx 1% crypto adoption rate. Every alt coin is fighting within that space. The devs want to escape that ultra small % of current crypto users and reach out to the rest of the other 99%. Even if we are to be generous and give the entire crypto adoption of say 10%, this is still a 10% vs 90% situation.


Have a think about that for a moment will ya my fellow pandas

^ So I was trying to explain to my work colleagues on what I've been so engrossed about lately (Hint: It's PND). Once I got to the topic of buying and mining, and trying to explain to them the current processes of doing it, you can pretty much see their attention die off. They just didn't get it, and kept asking if there's a simpler way to get "free pandacoins with your computer" or "can't I just use my credit card to buy some?"

VeeMiner here doesn't get the the PND Dev's vision, and that's fine. The PND Devs had clearly stated multiple times that they are not trying to appeal to early adopters that run rampard in this forum. Read the above quote, and try to imagine what your so called innovations will impact on the normal technophobe peeps and see if they care.

And just to be clear, and I feel the need to correct you here - from the looks of the things, PND is getting INNOVATIONS THAT MATTER because crypto will never succeed unless it breaks out and is adopted by the majority-

- World's first main wallet that has an internet banking interface AND functionality so normal technophobe peeps can feel familiar with crypto.
- Packaging and design of a coin that is targeted at the normal technophobe peeps, an all-in-one package coin that is easy to use, easy to obtain and easy to understand, positioned to have a GLOBAL MASS APPEAL.

This is innovation that matters. Whilst every other coin is focusing on creating technologies that the normal technophobe peeps don't give a sh*t about, PND is focusing on the important things first - enabling anyone to get into crypto.

These guys are smart, and they are doing it correctly by defining what a crypto SHOULD BE (simple and easy to use), and then most likely are going to pump out the innovations that early adopters care about after. The other alt coin devs are going have to play catch up the moment PND is successful at reaching the masses.

I would like to see you reply and see if you can refute how the formula for success in crypto ISNT the following -

1) Build solid foundation to capture as much market share as possible away from the current crypto early adopters, by targetting the average peeps
2) Once foundation is set, refine AND adopt coin technologies THAT MATTER to ensure coin remains relevant later
3) Profit

I watch the posts here, and am starting to see more from this awesome community starting to GET IT. You, VeeMiner my friend, are not one of them.

My 2 PND The slogan of "Rethinking Digital Currencies" is just on the ball and so right.

Edit: Don't get me started on China

^ This. Most people forget about this and get trapped into the mentality of trying to find coins that appeals to early adopters like us.

Not sure if you call China a niche market. They are 20% of the world's population and are an emerging economy that will surpass US very soon as the world's biggest economy.  Have a look at fiatleak.com and watch them gobble up all the bitcoins. They are primed for crypto.

But the dev's don't seem like they are just trying to cater to China at all, but everyone that COULD get interested in crypto, but just requires the correct platform designed for the common people.

This + Dev's vision is why I bought into PND. This is a long hold for sure.

Don't compare PND with DOGE. They might share a similar theme of being a crypto that has the power to breach the masses. PND has something that DOGE doesnt have - Territorial advantages over in the East, Not a meme, Active Devs that are willing to adopt coin technologies when needed to remain relevant and most importantly - it's being marketed correctly if you saw the so called leaks that I got bashed for.

POD is a dumb trend or gimmick that only coins with ICO or IPO needs to reassure their community that the devs are not scammers. And look they advertise Razorcoin T-shirts on the 2nd slide of the page. Biased much?

If anything it should be 'Proof of Development', which we will get as long as our devs pull off a successful August 30th launch.

Remember our target market beyond the bitcointalk market...devs are clearly aiming to reach beyond this land of fudding and retards that buy into coins with features that OUR TARGET MARKET won't give a s**t about. This is clearly one of them.

Proof of Development is all I need.