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Price rising too fast

Started by udeluxe, November 10, 2013, 09:32:58 PM

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Brekyrself

Quote from: Markus on February 19, 2014, 02:55:54 AM
Any news causing the current price spike in China?
PTS is trading over 0.02 BTC on btc38. Cryptsy only slowly catching up.

Most likely just people wanting a piece of BTS, thus converting some of their BTC or alt coins into PTS...

Markus

Any news causing the current price spike in China?
PTS is trading over 0.02 BTC on btc38. Cryptsy only slowly catching up.

fuckingegg


ProtoMiner

Quote from: peter.james on November 11, 2013, 08:20:15 PM
Does someone expect prices over 0.0025 BTC/PTS?:)

Haha, someone wasn't paying attention.

bobbahope

I too got two blocks, but at 47.5 coins ea for a total of 95. 8)

Unfortunately I also got two orphans blocks, one due to chance, the other due to my internet connection dying at the worst possible time.  :(

prophetx

it will go up more, look at the order book on MSC it went up A LOT just in a few months.

i am happy to say i have mined 100 pts  8)


Lighthouse

Quote from: Financisto on November 13, 2013, 05:33:45 AM
We will get a real "frenesi" when PTS gets accepted by one of the 3 majors exchangers.

Stay tuned for next week :)
Before you say the price of PTS is too high, take a look at theThe Reason.  Protoshares are an entirely new type of Cryptocurrency, one that pays to hold.

Financisto

We will get a real "frenesi" when PTS gets accepted by one of the 3 majors exchangers.

5chdn

Quote from: peter.james on November 11, 2013, 08:20:15 PM
Does someone expect prices over 0.0025 BTC/PTS?:)

Looks like you didnt check the trade section for a few days. Current prices are 0.009 BTC/PTS.

peter.james

Does someone expect prices over 0.0025 BTC/PTS?:)

5chdn

Ive seen some wallets with 20k pts, not much more yet

Proto

Someone had to get the ball rolling, I also sold significant amounts at 0.002 and 0.003. Protocol has been adjusted to allow bigger changes than 4x in difficulty, thus we are at quite a high difficulty now.

Has anyone looked at how fragmented those 0.5 million PTS are in the blockchain?

5chdn


xeroc

I actually hope for the 'down' :-)

fav

Quote from: Financisto on November 11, 2013, 10:29:11 AM
If price surpasses LTC/BTC, (before PTS is accepted by one of the 3 majors exchangers) things will start to get really awkward.

remember, there are like 550k in the wild. once PTS is accepted by an exchange, things will escalate quickly up or down
Join us on Hive: [url="https://peakd.com/c/hive-120117/created"]https://peakd.com/c/hive-120117/created[/url]

Financisto

If price surpasses LTC/BTC, (before PTS is accepted by one of the 3 majors exchangers) things will start to get really awkward.

udeluxe

Quote from: Lighthouse on November 11, 2013, 07:57:55 AM
Quote from: udeluxe on November 11, 2013, 07:51:25 AM
come on man.. been trying to buy since 0.002 and it's now 4x the price I have 0 still
I'm crying here guys

I've been selling since .002, how come I've never heard from you?

maybe I was looking in wrong places :/

Lighthouse

Quote from: udeluxe on November 11, 2013, 07:51:25 AM
come on man.. been trying to buy since 0.002 and it's now 4x the price I have 0 still
I'm crying here guys

I've been selling since .002, how come I've never heard from you?
Before you say the price of PTS is too high, take a look at theThe Reason.  Protoshares are an entirely new type of Cryptocurrency, one that pays to hold.

udeluxe

come on man.. been trying to buy since 0.002 and it's now 4x the price I have 0 still
I'm crying here guys

Lighthouse

Quote from: favdesu on November 11, 2013, 06:32:08 AM
This is probably one of the few alts with a bright future

It's an alt with a Reason
Before you say the price of PTS is too high, take a look at theThe Reason.  Protoshares are an entirely new type of Cryptocurrency, one that pays to hold.

fav

I'll sell like 100 once the price hit 0.015 - 0.02

This is probably one of the few alts with a bright future
Join us on Hive: [url="https://peakd.com/c/hive-120117/created"]https://peakd.com/c/hive-120117/created[/url]

5chdn


Lighthouse

.01 was also the first price - I did the second trade with Bytemaster himself 500 @ .01btc, and miners came out of the woodwork - sellers dried up and the price walked down until it met buyers at around .002, it moved from there up to .0035 over the course of like 2 days and now that the difficulty has gone up 10x, production is a fraction of what it was. 

We were finding like 2800 blocks per day instead of the 221 or so we're supposed to be finding per day, and blocks are between 35-40pts, i'm not sure where we are in that.

There are like 500,000 PTS in the wild right now - One assumes miners are holding back, I just wonder where they'll appear.
Before you say the price of PTS is too high, take a look at theThe Reason.  Protoshares are an entirely new type of Cryptocurrency, one that pays to hold.

nateless

difficulty increased almost ten times, so no surprise, 0.01 is a fair price..

udeluxe

Seems the price is rising too fast
obviously anyone looking to sell would disagree, and obviously people looking to buy would agree
but really, it's more than doubled in 24hours   >:(