I’ve already explained PeerAssets and the value proposition it offers. PA is a service being offered by people who secure the network by minting, not a Ponzi scheme. Our stake becomes more valuable when the use of the assets burns fees in PPC and adds deflationary pressure to the money supply. It is a hosting service for DAOs and other assets.
your missing my point
If you can’t understand why I might suspect you are JL, or why this ‘increase in nsr volume’ is almost assurdely nothing to trust, then your understanding of this coin’s past and current situation is so lacking that your opinion is next to worthless.
If something is sustainable and adds value to people’s lives then it’s not a Ponzi. Nu is not sustainable. Peercoin is. All that is needed is for minters to provide security for all the services on top of the network. Nu on the other hand needs revenue that it doesn’t have in order to keep going long-term.
I remember when people told me to buy Peercoin at $5. Glad I didn’t listen to them, its worth about 25 cents now.
That is because…
- Nu came along and took many of our community members with them, which I’m sure most of them regret now, including myself.
- There has been a long standing culture of helplessness in the Peercoin community when it came to development. It was believed by a lot of people that Sunny King would unveil huge features for Peercoin to make it more interesting, but that never happened.
Thankfully, the community has recently been taking matters into their own hands. I have never seen the community more active in development than I do right now. It will end up yielding a lot of great things in the near future.
Think of that 25 cents as a huge buying opportunity. Things will only get better from here I imagine with the stuff we’re working on.
My worthless opinions sure seem to be getting you pretty fired up. Seems like they’re worth more than your giving credit.
I’ll take numbers and hard data over troll opinions and conspiracy theories any day.
You sound like Charles Ponzi himself
Just wait until you run out of coal to keep that liquidity engine running. I hear those NuShares burn pretty good.
Hilarious!
But with a sad aftertaste…
You’re making it hard to leave - yet.
It’s just too much fun to read and post in this nonsensical forum.
…from what I learned during my due diligence it once was different
I’m glad that you can be made happy so easily.
Don’t mind all the things that are broken - or should I say: have been destroyed?
Naaa, I’m not talking about “rebels”. I’m talking about JordanLeePhoenix who created Nu as (or at least turned it early into) a ponzi scheme.
Can you do me a favour? Just stay in the hole. Because this hole is endless. It will pulsate and get smaller and bigger. In the end there will be an explosion and Nu will be a hole and a hole alone.
The only way to get saved from that is by turning away from it.
If you tried to fix it and failed, warning others about it is just the fair thing to do.
I come to the same conclusion.
If I had to choose whether I consider you or @Sentinelrv delusional I wouldn’t have to think for the blink of an eye.
It’s enlightening to see that you name both JordanLee and Phoenix in the same sentence as different people.
Not being paranoid doesn’t protect you from being followed
There’s more volume. Aye!
That doesn’t mean there are more people trading.
You don’t know how pump&dump works, do you?
$100,000 trading volume when buying in one’s own orders costs 0.4% at Poloniex creating total costs of $400.
Slush money for Jordan after having pushed the share buybacks.
Surprisingly, you fail to notice that all can be fooled easily. Critisising Jordan could raise the confidence in you, but at least for me it doesn’t do the trick.
And regarding conspiracy: as long as oh so many questions regarding strange things, missing information, lack of accounting, neglecting revenue, a sustainable business scheme, missing angry nulagoon customers etc. just get ignored, one can draw his own conclusion.
Welcome to Nu.
I’m not fired up. Just the opposite, I actually enjoy telling people they suck. Especially if I can prove it.
Do you want to share those with us?
There are so many numbers missing. Maybe you have some useful ones?
Please don’t go anywhere. I will miss you dearly.
Are you talking about Jordan or me? We are the same people, remember?
I’ve contributed to restoring and keeping the peg by voting in favour of it. Please include me as well. Ignore the naysayers. Dilute them down; only strike deals with those who have already proven their worth.
Nubits was a big waste of time and money. Shame on me for not trusting my gut feeling from the very beginning.
Stay away.
@serfer I appreciate your posts. Keep them coming. You seem to know what you are talking about and you speak like a shareholder. I love it. In fact, I would like to add you as one of the bonus recipients for your positive and insightful comments. I will ask shareholders to award you 1 million NSR, currently worth about $500.
@Tony has requested to be included as well. He is pretty new, but he does speak like a shareholder. I will ask shareholders to award @Tony 100,000 NSR, currently worth about $50.
Thanks guys for your contributions.
So glad that you’re back, @Phoenix. I was afraid another replacement of your alias would be on the way. It’s already hard to deal with the sock puppets and not lose track.
Give them the NSR, free NSR for all, who are in the line!
Crypto historians will talk about this when they are explaining why PoS is dead.
PoS doesn’t have to be dead as long as it has proper distribution. Nu evidently did not. That’s why the PoW distribution phase for Peercoin is so important.