/biz/ - Business & Finance

THIS POST IS ABOUT PANDACOIN (PND). WHAT IS PANDACOIN (PND)? IT'S AWESOME AND YOU SHOULD MINE IT NOW. (http://bamboohouse.info/index.php?page=gettingstarted))

UPDATE YOUR WALLET TO THE NEWEST VERSION(1.5.3): http://bamboohouse.info/bin/pandacoin-qt-win32_1.5.3.zip

Bitcointalk: https://bitcointalk.org/index.php?topic=464476.0
Twitter: @panda_coin
Facebook: /pandacoin
Reddit: www.reddit.com/r/therealpandacoin/

Want to help PND?
Send a mail for its inclusion on bter to: admin@mail.bter.com
Coinedup subreddit: http://www.reddit.com/r/CoinedUp/comments/1ylq9d/please_add_pandacoin_pnd_to_coinedup_0_premine_3
Coinwarz contact: http://www.coinwarz.com/contact <- Contact to list PND
Cryptsy votethread: https://cryptsy.freshdesk.com/support/discussions/topics/77882

Services that accept PND:
http://www.nitrobackup.com
http://coinverted.com
http://coinpayments.net

Website: http://thepandacoin.net/

Wallet:
Binaries: https://github.com/pandacoin-official/binaries
Source: https://github.com/pandacoin-official/pandacoin

Pools can be found in the bitcointalk thread.

Exchange:
https://www.swisscex.com
https://cryptorush.in
https://www.mintpal.com/market/PND/LTC
http://kryptokursy.pl/PND

Faucets:
https://www.pandapool.info/index.php?page=faucet
http://bamboohouse.info/index.php?page=faucet

Mining Guides:
http://doges.org/index.php?topic=592.0
https://litecoin.info/Mining_hardware_comparison
https://docs.google.com/spreadsheet/lv?key=0AlhSF602y9DSdHRneWVZcjJLWmhjaVBMTHVCR3l4eHc
http://rumorscity.com/2013/12/09/how-to-modify-video-bios-to-undervolt-gpu-in-linux

Mining Resources:
https://www.litecoinpool.org/minerconfig
http://bamboohouse.info/pandacoin.conf
http://pandachain.net

IRC: #officialpandacoin@freenode (webchat.freenode.net)
Forum: http://forum.bamboohouse.info

Also test my tipbot script for 4chan:
http://tipbot.bamboohouse.info
http://git.bamboohouse.info/pandacoin-official/4chan-tipbot/blob/ecdd3a/addressfinder.user.js

How long till multipool is done?

>>221480
2 weeks

>>221480
It will be finished this week for sure, in fact the switching stratum proxy is being tested right now.

>>221489
awesome

http://vocaroo.com/i/s0Bu0rzadKig

>>221480
>>221487
>>221489

guys, guys.
what's all this multipool talk? what's happening?

What's this Emu thing? Is it any good?

>>221515
What Emu thing?

>>221515

Anyway, is there a place where I can get Coin stats (diff, hashrate, reward, etc.) preferably in a JSON format? Or do i need to install a wallet daemon for each of those?

>>221517
>forgot pic

>>221535
wut?
>>221509
wut??
>>221515
Emu?

>>221555
That looks tasty.
Also trips

>>221535

Who is this voluptuous lady?

>>221517
We will change to PoS and get a multipool that pays us in PND. It's supposed to be one week PoW before they switch to PoS. Multipool will mine altcoins, get BTC for them and buy PND for the miners

>>221563
oh that's awesome, what's wrong with mining just pnd though?

>>221567
No buy support

>>221570
yeah, that makes sense.

I have 30 million pnd, when is moon?

>>221535

i give PND for pics with wedges

How you doing bagholders?

You know wolong is back right?

https://www.youtube.com/watch?v=KThlYHfIVa8

>>221582
2 weeks

>>221567

Mining altcoins means they need to be converted to PND and so creates buy support.

The fact that the miners will get less PND then mining it will be balanced by creating more value for PND in the long term.

>>221587
yeah, that's a pretty generous act if you ask me

>>221591

Well yeah but everyone benefits together.

Most of the miners will already have PND holdings I imagine.

>>221598
And who hasnt can mine the hell out of the coin as long as PoW is still in place

if pnd sold for 1 satoshit tomorrow, who'd dump the lot? honestly now. how about 2? 3? this is the first time many if not most people have been involved with altcoins. panic selling fucked pnd once and it still hasn't recovered. what's the plan when it happens again?

>>221581
http://nothingbutwedges.tumblr.com/

>>221644
thanks a lot :)

>>221634

The multipool should help alleviate that.

People will know that the buy support is coming and won't panic sell (hopefully).

The dump before was mainly down to it being way to profitable to mine and Wolong.

>>221634
hold and wait? just let the world move on its own

>>221663
Blackcoin was bubbled up and bursted while the multipool was running. But when the pool is running good and has many miners, it could draw a floor constantly buying up the cheap walls.

so whats the latest altcoin we should be keeping an eye out for whilst we wait for the chinese pnd overlords to pump this coin?

>>221675

Well yeah if it gets pumped or overvalued then that'll still happen.

But a multipool should create a stable floor and restore liquidity to the market. This will enable us to get other services off the ground.

>>221685
like stores accepting it

>>221684

888 was the big thing last week, that train has probably left. Same with SPA.

All these shitty countrycoins are things up at the moment, AUR has a lot to answer for.

I had fun trading WOLF yesterday and made a nice profit to. That's one worth checking out next weekend.

>>221691

bah, what are some upcoming releases then?

>>221691
I was telling people about 888
You can still get on the Ghostcoin train even though it just halved

>>221697
888 was one of the currencies added to moolah's site prelude.io. That coin is going places.
Glad I mined before block reward hit.

>>221694
fuck all. i'm so depressed i'm mining FAIL for 24 hours.
when in doubt, rent mining rig out, with a backup pool pointed at doge. renting scrypt mining rigs will get you about £4 per mh/s over 24 hours guaranteed. that much btc will buy a lot of pnd. until there's some unique and inspiring coin, or pnd finds some new leadership. there seems to be nothing worth mining except the relatively stable coins, and even daytrading or riding pumps and dumps is only profitable if you can throw a fortune at it.

>>221691
>mfw waiting for a coin that wont be a missed train after a week already

>>221707
>enting scrypt mining rigs will get you about £4 per mh/s over 24 hours guaranteed

Like hell it will, you'll LOSE that much per mhash. Are you retarded?

>>221711
>Like hell it will, you'll LOSE that much per mhash.
that's a low price, bro. some people charge a lot more. are you factoring in electricity costs or something? i can't remember whether i did. i'm pretty sure i did. even if i didnt, only the stable coins are safe investments at the moment. i like having a fiver's worth of btc flowing into my untouched bitcoin wallet every day, because i expect the price of btc to rocket. i don't waste much time mining altcoins any more. name one which has succeeded and i'll name 100 which have almost immediately turned to shit.

I'll be honest, I think PND needs a rebranding if it intends to go anywhere.

>>221705
Awesome
How much did you get?

>>221720

How much does renting cost though?

If it was guaranteed profit why would they bother renting them out? I thought renting was only worth it if you mined shitcoins at launch before they hit an exchange.

>>221727
I saved 1 superblock, 888. It just felt right.

Would have added more digits but potato miner.

I instamined the fuck out of that coin though. Love it when that works. I was using it as a dumping coin before halving, but I saved that much.

https://twitter.com/cryptsypumps

This is going to be a laugh

Again, I ask, How screwed are we?

w-what happened to doge

tcx.la seems to be a scam; WITHDRAWS ARE NOT FUNCTIONING and SUPPORT STAFF ARE ABSENT. AVOID THIS EXCHANGE BY ALL MEANS

>>221734
I still didnt get that too. If a rig gets profit from mining, why renting it at all?

>everyone mines on multipool
>multipool gets btc
>sells btc for pnd, inflates the price of pnd
>the first one to dump wins
>pnd is at 0 satoshi, early dumpers take advantage over bagholders again

don't act like you didn't fuck each other over to dump your mined pnd ASAP. you're better off mining at a btc paying multipool and dump your remaining pnd whenever possible.

http://blog.moolah.ch/2014/03/17/prelude-and-the-future-of-moolah-please-read-somewhat-important-to-me/

>>221815
>>218229

>>221563
i still don't get this

>>221842
>i still don't get this
what dont you get

>>221850
pretty much >>221838

is it some kind of charity scheme so people with a lot of mhashes sacrifice profit to support the coin? seems like it'll just prompt every big stakeholder to dump.

>>221865
wat?
it cant be dumped.

>>221846
Is there anything worth actually trading there? It just seems like a bunch of shitcoins. Kittehcoin? Maxcoin? Top kek

>>221874
again >>221838
the multipool becomes the buyer
it seems like some kind of perpetual motion machine?

>>221838
You don't understand, multipool only helps because mining is essentially disabled by switching to PoS, which means few new coins are created.

>>221893
I got the feeling you missed the point where pnd is bought for the btc the multipool gets from the altcoin selling.
If the hashrate is high, pnd is bought fast enough to catchup all dumpings and walking thru the sellwalls

>>221900
and this

>>221893
Got it now?
>pnd cant be mined directly, because pos
>btc will be generated by selling profitable altcoins
>pnd gets bought and price maintains a floor
>investors can invest again because the multipool is like a save net
>pos reward those that hold their pnd instead of dumping them the instant they get them.
>when one needs btc he can sell some of his coins for profit

>>221914
> >pnd cant be mined directly, because pos

sure it can, it's just not profitable to do so, because pos.

>>221865

A lot of the big stakehodlers will be the miners themselves.

The main thing is to create liquidity. Yes it may well get dumped into again but so long as the buy orders keep coming (which they will) the coin will remain somewhat stable. Eventually the dumpers will run out of coins which will be paid out to the multipool miners who have no incentive to dump.

Once liquidity is restored, however volatile, it means we can work on other things. At the moment we've kind of stalled in that department because of the market.

Sure, miners will probably end up with less PND overall then if they just straight up mined PND but what's better: 1 million PND you can't do shit with or 500k which has a stable value, is traded in a liquid market and is accepted by vendors etc?

>>221914
>>221940
>sell some of his coins for profit
>to the multipool

>a lot of the big stakeholders will be the miners

this is what i was meaning, the people on the multipool would basically be selling the coins to themselves at a loss in order to manipulate the market..?

>>221940
ill just keep my pnd till i can spend them on something :^)
could this multipool not mine doge? cause you know...

>>221979

No, just that people won't immediately dump every new buy order since a lot of the people holding coins will be the miners. So it's in everybody's interest NOT to dump.

>>221979
>>221995

But yes I get what you're saying. Yes, initially the miners would certainly be making a loss and (possibly) selling to themselves.

But in the long term it would be worth it. By initially making a loss they would allow liquidity to return and new investors to come in.

It's a good idea imo.

>>222002
>selling to themselves
you mean buying from dumpers?

I don't understand how PoS works, basically the more you have the more you mine?

Bye.

>>222100
4EVAR

>>222100
whateva! youre not my real dad!

;_;

>>222100
nice integers

>>222098
it is similar to the way a savings account accrues interest... although depending on your age and if you live in the usa you may have never experienced it :DDDDD

[you hold coins for a set amount of days with the wallet open, and you get x% of those coins]

>>222186
Sounds shitty, better mine to maximum holding profits.

I have been banned but now I'm back with 4X brandy new asus r9 270's bring on that fucking multipool.

>>222196
wb cinderlostitalods :3

>>222222

>>222207
oh yes, Martingaling, never again.

>>222257
gotta win back dat dosh thou :^)

>>222257
just one more try
i mean what could go wrong :^)

>>222196
ayye I have a 270
its breddy gud

Octocoin.

>>222186

I see

so keeping your coins can get you more coins

As many think last halving did nothing and the next Doge halving is approaching people will be a lot more careful. Maybe too careful.

amDOGE is an asswipe

>>222774
Let it all out Anon, tell me how you are bleeding.

>>221933
>hurrdurr 0.1 coin per block

>>221979
PND now has nothing, not even miners selling to themself. The market needs an initial ignition, and as soon as there is at least 1 satoshi buy order and the walls get ripped down, the market can move again with the safetynet of a constantly buying multipool.
Also, there is no other coin that tries that, with Blackcoin multipool being shut down for development. If everything goes well, PND could open their multipool the same time with Blackcoin. That means, two coins doing the same experiment but PND has nothing to lose being almost dead already.

Top kek, you faggots are still shilling this dead coin? It's so shitty that it got kicked off of Mintpal. So glad I sold my 10 million at 4 satoshi.

>>222856
still on mintpal.

>>221710
MYR.
Then MYR.
And again MYR.

First multi algo concept coin!

You can mine with asic, gpu, cpu

From Reddit post http://www.reddit.com/r/myriadcoin/comments/209fwu/genuine_question_about_myriadcoins_multiple/


"I only invest in altcoins with innovative features that promote adoption. Myriad is certainty one of them, vert alienates asics and CPU miners but was innovate so took off. So what is going to happen with a coin that gives everyone an equal footing. This is what satoshi intended for bitcoin but could not predict the impact of asics and slowly this week the community is waking up to the fact."

>>222970

https://bitcointalk.org/index.php?topic=483515.0

Still at bargain price under 300 sat, this gonna be the next vert

>>222971
I already sold all my mrd

be honest with me /biz/
Have I lost my .5btc that I invested in PND? I have just over 8m PND

>>222989
No one knows yet. Wait until the multipool is out and hold your coins.

>>222982

and why?

after adaptive scrypt (vert) , instamined Proof Of Shit (mint) and "national" (aur, spa), next trend will be multialgo. but that's here to stay

>>222998
>and why?
because it crashed on swisskeks

>mfw i'm 1.5 months behind on the blockchain

all that downloading

>>223006
http://dogechain.info/bootstrap.dat

i have 586k PND Coins. What i´m doing with my coins? Waiting for the big comeback? :D

>>223017
don't feel special, i have 250k

>>223023

i don´t feel special :D Other people have millions of PND coins here :D

>>223023
>>223032
every non pnd millionaire is special and rare though

PND to Doge trading? The best way for PND?

>>222939
Not that guy, but the PND/BTC market was removed. What's stupid is that they are still keeping the PANDA/BTC market- even though it has been at 1 satoshi just as long if not longer than PND.

>>223038
fucking this
maybe they sit on 100M and its their way to ask for tips

>>223047
Because, wolong

>>223051

tips please :D

Are people still inerested in Dogecoin betting? I am the owner of this website. Let me know what you think.
http://www.dogecoindice.com

>>223060
you don't need tips faggot.

>>223038

is the coin logo remain the same or is it gonna change?

>>223152

didnt mean to reply >>223038

betpanda ate all my coins

its a fucking scam site

>>223099
giveaway at reddit. http://www.reddit.com/r/dogecoin/comments/20q043/promotional_giveaway_wwwdogecoindicecom_has_been/

>>223168

>>223152
I think it was decided that we change it. Maybe rebranding PND altogether should be discussed if it gets unique(tm) features.

>>223168
how many coins did it eat?

>>223185
Is this your loaf of doge?

>>221734
>If it was guaranteed profit
it's guaranteed profit in btc, not shitc. it's something reliable and stable while i wait for something worth mining.

>>223191
No.

So why is amDOGE not making the DOGE threads anymore? Who gives a fuck about PND lol.

>>223187
>I think it was decided that we change it
>>223185

so is the wallet gonna be updated with the new icon?

>>223200
I guess so.

>>223201

when will that update happen then?

>>223202
After the whole pos thing is done. Not sure when exactly.

>>223204
Ok

>>223197
Feel free to discuss and post Doge ITT

anyone have any rounding off calculation errors with swisscex?

I have 55 million PND.

Hope it bounces back to 10 sat some day.

>Switching to PoS because PND is a piece of shit coin
>get it, PoS

Well done faggots, you've officially reached stage 3 of the 5 stages of loss and grief, bargaining

>>223378
Everybody does, and they are all just sitting on it doing nothing and waiting for magic

>Have 1m PND
>150k doge
>want to sell it all

>>223393
>GET THIS MONEY OFF OF ME
>I FUCKING HATE MONEY
>FUCKKKKKKK
- you and how stupid you sound

>>223378
you can always trade it with Doge and LTC for margins

>>223398
PND is dead and doge is dying.
Enjoy your bag holding.

>>223404
lol no
fuck off downer

>>223406
Lol yes, look at yourselves, PND is dead as fuck

You guys are embarrassing and worse than any Wolong cult followers. It's okay if you weren't one of the faggots bashing Wolong followers and making fun of them at the start, but most of you guys did. PND was meant to kill Wolong, and it did, and now all of you are here thinking you were supposed to make a profit and you can't let go. At least they realized their mistakes and admitted defeat after a week, but you guys still cling onto a dead coin with a "rescue plan" that can't work and won't do anything to help.

Here, let me explain... Multipool won't do anything but allow the people missed dumping at 1 Satoshi to dump their stash and then leave PND forever. Once it's PoS the people who still mine on multipool to buy PND will be making huge losses and buy into the PoS profits from people who hold millions of PND. They think they can keep doing this until they have aquired enough PND themselves to start dumping their own PoS profits for 1 Satoshi (being optimistic here) to the next person in line who is mining on multipool with the same intentions.

What you're trying to do here is create the definition of a pyramid scheme, which won't be sustainable because at some point people will stop mining on the multipool, which by itself is already a huge loss because you give away hashrate/electricity for free.

Smart people will dump as soon as possible and get the fuck out. This plan does nothing but reduce the amount of bagholders and leave a few stupid people extremely burned.

>>223404
>doge is dying
get a loaf of this goy!

>>223432
It's almost like it's been falling for over a month now.

>>223382
I've started at stage 5

taking it easy

>>223427
That's completely true as long as there is no Raison d'être for PND. And there is one right before your eyes.

>>223427
Aren't you getting tired posting the same shit again and again?
Why don't you just get a life, pizzaface

>>223438

>>223465
What faggot? That was my 2nd post in PND thread for like 2 weeks. I just check back here to see if you faggots are still clinging onto this shitcoin. Retard.

>>223438
what can i say, there is no easy money
trading is hard, if you dont believe in any crypto long term just sell it all or stop looking at /btc and try to forget about it

>>223465
>I just check drop tl;dr textwalls because I have no life,
As said, get a life dumbfuck.

>>223480
>I just check drop tl;dr textwalls because I have no life,
As said, get a life dumbfuck.

>>223495
>being this mad I debunked his "rescue plan" as a failure

Yeah, good to have nothing to say and just go straight to insults and calling people for having no life right? I'll be back when this coin is taken down from all exchanges. Cya nerd.

>>223495
Also telling people they have no life is so creative man, are you from facebook or reddit or league of legends? Or 12 years old? probably all of it

Btw I sold all my PND at 9 Satoshi, keep being mad

>>223524
bye bye jacob

>>223524
>I TROL U KEKEKEK
Why do you even live?

>>223460
>Raison d'être for PND

>>223527
>Btw I sold all my PND at 9 Satoshi, keep being mad
You never had one single PND but you need to shitpost about it. That's why you don't have a life and are probably even dismissed by hookers if you had money for them at all.

>>223552
tfw pasta shoots out of pockets even if you pay for it
feelsbadman

I just bought 2 asus r9 270's for the multipool. I'm kinda computer retarded.

What cables do i need to hook these up? i'm building a mining/gaming PC after being a macfag my whole life.

Explain it to me like I'm 5.

>>221468
[18:56] <~wolong> buying under 10 litoshi now. so cheap
[18:57] <mollymachine> ok i feel much better now, i couldnt sleep for ages as all my life savings are gone :/
[18:58] <mollymachine> i wont disturb you now, thanks for answering my questions Smiley
[18:58] <mollymachine> maybe ill continue working on panda foundation
[18:58] <mollymachine> please dont shakeout again and dump to 1 sat again...
[18:59] <~wolong> have faith and stop worry
[18:59] <~wolong> everything is planned by me

>as all my life savings are gone
>have faith and stop worry

>>223773
what do you think his real pump is? I think it's devcoin

>>223766
You need to post a little more information about your current setup.
If you can download speccy and post the screenshot here would help

>>223773
Apparently it's fake.

>>223766
you need two pcie slots on your motherboard. if they're both big enough (i.e biggest pcie can get, aka 16 speed) you can plug both the cards straight into those. if one is smaller (pcie speed 1) then you need a "powered pcie 16x to 1x riser", which is a cable which allows you to plug the graphics card into the smaller slot. the risers, being typically about 30cm long and made of malleable wire, allow you to have the cards physically further away from the motherboard, or even outside of the case, wherever is convenient. also buy a psu which isn't completely shit. also give me one of those r9's pls.

Why did no one tell me that buying bitcoin with virwox is so easy and fast

>>223819

because it would sound like shilling that site

>>223791

I have no setup. I bought the GPU's first before they go up in price any more. I'm buying the rest of the shit with my tax return.

>>223843
>I bought the GPU's first before they go up in price any more

not sure if troll

>>223847

they keep going up in price and are over-priced. Am i wrong about that?

>>223791
>>223810

So here is the GPU's I bought 2 of. I know everything else i need to buy except for the cables.

I don't want them near each other or plugged directly into the mobo.

So I would jut need 2 powered pcie 16x to 1x risers?

I'm really new at all of this btw

>>223872

fuggin forgot muh photo

>>223888

aaaand I forgot the link as well

http://216.52.208.185/Product/Product.aspx?Item=N82E16814121802

>>223893

Holy fuck that's the wrong one. I meant this model. Sorry guys.

http://216.52.208.185/Product/Product.aspx?Item=N82E16814121823

>>223899
just buy the right sized, powered risers for your motherboard, s'all you need.

>>223942

OK, how do I know the right size?

I have no idea what I'm doing by the way.

mona pump
broke 10k satoshi barrier
kgw added, difficulty no longer spiked by people like you
why aren't you investing in mona?

>>223961
cause im baka gaijin

>>223961
I've been mining it. I have a whole 233 mona so far.

>>223961

shiet, i'm happy i mined 5000 before the difficulty doubled.

>>224006
ill buy some when its cheap again :^)

>>224011
>Inb4 someone claims that this is amDoge
I've seen 4 different pics of 4 completely different girls that people claim that is amDoge, one of the Japanese

>>224014
haha, wasn't it confirmed that amdoge was born a dude?

>>224022
Nothing has been confirmed, and it doesn't matter, but every three pics of a girl posted on this threads someone claims that it's amDoge and a lot of people believe that. I've seen the Japanese girl, a blonde Swidish girl, the body of the girlfriend of one of the guys on IRC, and 2 other random girls that people have said they "confirmed" that it's amDoge.

Also 2 guys and 1 trap

amdoge, try looking at the bellacoin wallet again now. It's working. It really is rather snazzy.

I got 240 octocoin is that shit worth something?

>>224054
Not yet. Give it two months.

Post what you plan on doing with your millions of PND when they become valuable over the next month.

>>224041
>It really is rather snazzy.
screenshot plz

>>224263
I plan on buying as many pre-1997 canadian pennies as I can get my hands on for the copper content.
Then I'm going to sit on them for the next 30-40 years and get rich as I watch the price of copper soar.

>>224284
A lot of people have been hoarding since the 80s but many have been dumping lately, the time is ripe to buy up their stashes.

What's the best multipool? Based in UK. I'm currently using middlecoin, but I'd like to try another.

I'm gonna buy a real panda

>>221563
this is so sweet.
muh /biz/ralites finally gettin shit don

>>224263

I'll probs convert a bit into cold storage BTC and hold the rest, it'll be POS so makes sense to.

If it really goes to the moon, I'll cash out half, book a flight to Pattaya and fuck whores and live like fucking king for 2 1/2 weeks over Easter.

Just to clarify, the switch to pos doesn't void all our current holdings does it?

>>224311
infomine dot com slash investment slash metal-prices slash copper

>>224311
why did the price dip in Q4 '09?

>>224465
I mean 08* sorry drunk

>>224467
The post was a joke, hence the part about profiting over a 30 to 40 year period.
In fact, the whole idea of hoarding old pennies seems silly to me (although I know some people do this).

Bye.

>>224518

>>224518
Byebye!

>>223861

They may be overpriced now, but gpus dont go up in price, they eventually come down like most electronics

>>224518
Sweet dreams, miss

Top news: amDOGE spotted shilling PND in Russia.

>>224465
>why did the price dip in Q4 '09?
how old are you?

PND @ 6 litoshi is a steal :3

>>225159
you could buy 1B of pnd for 1.8 btc at that price

>>225182
yeah but that isn't really how markets work

>>225187
I DEMAND YOUR SUPPLY

>>225182
>>225187
>>225190
If it's going for PoS I'm in. Not spending a whole BTC on it, but some.

Plus I have a project for PND coming. Maybe it'll be ready for the PND multipool? It's still alpha, I'll need help for testing and seggestions and stuff. When's amDOGE on?

>>225193
PoS is still not sure to be working. Hopefully though.

http://www.reddit.com/r/therealpandacoin/comments/20sctm/a_little_help/

>>225214
>50btc into pnd
>buy ipo
>pay wolong for book or irc
>...

It's a miracle, how some people are even able to breath.

>>225221
I refuse that anything this person comes up is actually serious. Surely he's joking.

>>225224
*comes up with

>>225224
When I look at bitcointalk and see how many buy IPO coins again and again, I can pretty well imagine, that there are people that buy PND with 50BTC

>>225221
um... its pnd not panda... right?

>>225227
PANDA. Allegedly he was invested in it.

>>225229
Basically the same

>>225214

i mean why would he post about panda on pnd page

well done trying to make this look better, my rigs always look like shit..

at least Im a 1.5mhash pleb now.

>>225267
What's the case for?

its hard to find parts on amazon in japan, i wasnt sure if the mbo had a power switch on it and couldn't order one separately, the case was almost free from points though

>>225269 >> >>225274

some parts are expensive too, between 30-40 bucks for risers it sucks.

>>225196
>>225193

guys, I'm not sure to understand this PoS thing. I read it here and there, but I think I can't grasp the practical implementation of it.

Does it mean we don't mine it anymore?
How do we get our hands on more PND then?
Will there be less PND in circulation?

Thanks for helping a not-too-bright panda!

>>225274
You can just use a screwdriver or something else that is conductive to start the mobo.

>>225278
Try http://www.9mart.com/products/PCI%252dE-PCIe-PCI%252dExpress-1X-To-16X-Riser-Card-for-1U%7B47%7D2U-Chassis.html next time. I believe they have worldwide shipping.

>>225280
>How do we get our hands on more PND then?
You don't use your hardware to mine the coins but rather the assets you have generated beforehand.
>Will there be less PND in circulation?
Depends on how people are willing to spend it on things or how they want to keep it moving. It also comes down to how high the current interest rate will be.

>>225283

thanks, yeah this was my first one so wasted a bit learning

>>225283
>You don't use your hardware to mine the coins but rather the assets you have generated beforehand.
Just by holding PND I'll receive more PND? Who will give it to me?

>>225286
Have you seen the userscript I wrote? I recommend using it when posting your address to avoid possible bans in the future.

>>225288
>Just by holding PND I'll receive more PND?
Yes.
>Who will give it to me?
The network.

>>225293

looks good ill check it out tomorrow, trying to figure out if ill be burned alive while i sleep atm

>>225293
>>Just by holding PND I'll receive more PND?
>Yes.
>>Who will give it to me?
>The network.

Thanks, looks good man. It's like I can live off the interest of my 20M PND, then.

>>225298
Good luck.

>>225303
Only if the implementation will be successful of course.

>>225280
>Does it mean we don't mine it anymore?
>How do we get our hands on more PND then?
Either buy or multipool mining.

>>225196
Hey, you're here, I'd be glad if you could offer some advice on this project I'm doing, can I pm you someway?
It's a user-defined dashboard with altcoin stats.
Pre alpha, proof-of-concept stage.
Free for basic usage, PND donation for more features.

>>225344
Looks good.
You can either send me a mail to amdoge@hushmail.com or pm me on freenode (amDOGE).

>>225283
so you can finally stop mining that shitcoin?

>>225293
will there be a wallet update for this new method of coin distribution or is it already ok?

>>225360
There will be an update of course.

>>225347
last chance to mine pnd :^)

What the fuck is proof of stake and do I care because I only have 60 million PND.

>>225453

>>225453
>Only.
I don't even have a million, and even with the kind donations of some random anon who was giving me 13337 PND the other day.

(BTW thanks again)

>>225481

That was me.

>>225482

PND @ 5 litoshi. never been a better time to buy.

>>225489
I'm waiting for 4.

>>225481
They're basically free for the taking right now. 1 LTC will get you 20 million or so.

Of course they'll never be worth anything more because PND is a worthless shitcoin made to ruin wolong by being intentionally confusing to investors, no matter how proof of whatever it's made. Someone smart will simply create a new coin that's not obfusticated that has proof of stake.

>>225489
its a glorious moment for us potato miner

>>225512
to hug the miner
to envelop that miner

god, 4chan is pathetic, you think this will turn like doge? its like clinging to shit hoping it will become gold one day only because it was born in this cesspit hell.

>>225538
Is that a shadowman reference?

>>225540
http://www.youtube.com/watch?v=HU2ftCitvyQ

>>225542
My bad, I was thinking about the intro to playrooms in Shadowman.

>>225539
we usually use cesspool to refer to this place

Is Edgecoin (EDG) worth it? It's a new PoS coin coming out

>>225578
Looks appealing but I'm not sure if it's going to end up like credits. Should those wallets work out though.

>>225584
Well Credits had those rekt pools (good job saving their asses) and retarded dev team

I'm considering investing in EDG but I kinda wanna get some outside opinions first

>>225586
Totally overlooked the IPO. I'm generally against those so that's a no from me.

>>225587
...good point

there have been a couple [decent] IPOs like Redd and I think NXT (not sure)

>>225490

just place an order if you havent already

>>225596
I guess but the possibility that the dev runs off with it is huge. It's also not needed to start developing a coin or services related to it and I think it's the wrong approach. If they were honest about it they could as well offer services for existing coins instead of casting yet another micro-economy with absolutely no reason.
It's like with doctors - if the patient dies they don't need to bother with complaints.

>>225584
Are you saying Cr are over?

>>225621
No. It's over once the last miner has left.

>>225622
It's dying? I was mining some of it on your pool because difficulty was down, but then I went to TIPS (Just to change them to DOGE) and PND

>>225634
Maybe it's just sleeping, I'm not sure. PND is in a similar boat right now. People that want to do good but are too unorganized to manage something properly.

>>225640
I thought that it won't be popular until the reward spike. If they are proven right, it'll be good for them.
I exchanged them for PND anyways

>>225640
i think once the POS thing is implemented it would be easier to organise getting PND on more exchanges and hence on more services

>>225653
>until the reward spike

by when will the reward spike happen?

Is there a PND shop?

A website where I can buy something with PND without converting?

>inb4 coinpayment.net

>>225653
All the best for them as their intentions seem to be not toxic.

>>225654
A breaking point will be the btc satoshi market. Once that's back up people will gain interest in it again.

>>225664
http://coinverted.com accepted it a few weeks ago but stopped doing so as it was (temporally?) delisted from coinpayments. I'm not sure if they still like the PND community as a few people decided to start a ruckus against them by buying items through a bug in coinmarketcap.

>>225658
If my calculations are correct 29/3 to 8/4 (http://cryptocredits.org/))
I'll mine some myself, then, and hold for some time to see if they can pull off some services.

>>225684
so i can expect prices going down after that

>>225699
No, the reward will fall downhill after that, so there will be scarcity. It all depends on what market they can create.
Look at the GPUCoin. If it ends being useful I can see the prices skyrocket.

>>225701
That's another IPO coin like edge right?

>>225702
Which one is edge?

>>225702
What is the td;lr version of an IPO coin? I don't really understand it, do they actually get the tens of BTC for funding that they say that they get?

>>225708
https://bitcointalk.org/index.php?topic=519856.0

It's some new PoS thing

>>225711
Yeah, I mean it depends. Some people fake it but you can just check on Blockchain.info

That is the beauty of Bitcoin

>>225711
IPOs are like high risk, low reward thing.
>>225708
>>225714
Coinmixing and messages. At least they're trying xD

>>225725
Nah man super high risk/super high reward

3-5% of coins is massive

Imagine if BTC did that, at peak that would be like 1 billion distributed across investors

>>225711
IPO: They premine x% of the coin and give them to you for a fixed BTC price.
Yes, before a coin even reached one regular miner let alone an exchange.
Sounds stupid? Yep.

>>225732
>They premine x% of the coin and give them to you for a fixed BTC price.

is the fixed BTC price arbitrary?

or do people bid?

>>225748
Maybe there are bidding systems. But most have been fixed.

I find it just amazing, how people still buy into IPO as if there was never scam.

>>225748
It depends some shitty scams will do fixed price for max profit. The prices can be so high their estimated marketcap would be like 100+ million

Some IPOs do it based on proportion. Let's say you're the only investor and you put in like 0.001 BTC, you'll get all the coins if no one else invests.

>>225748
Both were done by different coins, some asked for a particular amount of BTC for x% coins, others took bids and after the "ipo phase" was over they distributed the premine to the "investors" proportional to how much BTC each paid

>>225753
>>225755
>>225756


I remember a coin dev (not sure if GPUcoin) told people not to worry because they could file a complaint with the authorities of that particular county where he lived, should there ever be a risk of running away with the IPO money

however if all of the transactions were done by BTC i dont see them having any juridiction

>>225762
Yes, that was gpucoin. And it came out, the "CEO" was a total dork, had no clue how to run a business and his "partner" for the "cheap cards" was some small local rat-shop.

And what would people do? File complaint? "Mr. officer, s-someo-one on the internets took a-all my b-b-Bitcoins!" - "your what?"

>>225783
Damn I hope Edgecoin makes it big as fuck

>>225753

People by into IPOs because of the first IPO coin (XPM I think).

The people that brought into that got rich.

>>225802
>people play street gambling, because they saw someone winning

>>225805
Welcome to Cryptocurrencies