Traders and sellers, I invite you to all stick together and not accept to sell one PSB under 2000 satoshis, for the time being (higher price, sometime after that).

At 2000 satoshis, one PSB will be worth one Philippine Peso...

Working together as a community we can make this a huge success! .

Let's all give a nice big hug to electronicash, our official resident PSB troll!

He needs more hugs, poor little thing.

 

Yeah sure man, dump your 200 000 PSB, cuz you're soooo smart.

The PSB market chews on bigger walls every day.

 

Dear electronicash, you did not sense our big worldwide PSB hug?

I guess your mother didn't love you, I feel sorry about it. Let's send again electronicash a nice warm hug!

you kept responding which means you don't ignore me at all.

and by the way the world doesn't add me to thier ignore list. the guest aren't as well so there is no sense ignoring.



thats right. dump them before the team does it the first.

There is no point in answering electronicash. We already discussed all his points one by one many times and this troll still comes back with the very same points, obviously trying to make PSB look bad.

As you said, he has no PSB so he wants to be right in selling them - also, nobody loves him so he'll make noise, just to be heard.

Also, we do not "pump" PSB; what we do is we promote so that more people learn about it and join.

Setting up low-priced huge sell walls is not a smart strategy; if you want to sell coin fast, just dump it.

Setting up huge walls is a lazy and inefficient strategy that real traders will never do.

Think about it from the potential buyer's perspective: any buyer sees a huge selling wall he will think - there are so many coins for sale, price will never go up. Also a prospective buyer will not feel an emergency to buy as the offer is too big: he will feel there will always be cheap PSB to buy, which is not true of course.

Do not place huge sell walls, it's not in Pesobit's interest, and it's not in the seller's interest: nobody wins. People have to see there are very few for sale and feel the urge to buy and you will get a much better price, over just a few days!

Ok here is a different argument from electronicash, so I accept to discuss this. I will not discuss the same thing twice, electronicash, however.

There is too much work done already negociating and working with banks, not forgetting third party suppliers. This all goes on behind the scene; this dev team isn't going anywhere - they won't abandon all this work, knowing the huge potential. Starting a new coin means losing all this work.

So if I understand you correctly, when the hack took place you would rather not have paid all the depositors who got hacked at wallet.pesobit.net and told them forget about their PSB deposits?

We added 10 million PSBs to cover for people's deposits, if we hadn't done this, it would have been the end of PSB.  From this point on, it will be our policy to never create more coin (besides PoSP blocks), I guarantee it.

This is the end of the "10 million PSB created" subject; if you disagree with it there is nothing more we can do.

Now security at the online wallet has been made a lot stronger.

Well, you got the real-life names and their picture (http://www.pesobit.net/#team), that's already more than many succesful 1.0 coins.

As we move forward, when Pesobit becomes our full-time job then you are absolutely right, more info will be needed for a more profesionnal approach; but at this very early point and with current low market cap value, it's just not necessary.

Already discussed this. Please refer to last post; nobody is risking millions at this point in Pesobit, so personal info is not necessary.

We all have real daytime jobs who are our official positions which we still need to feed our families (Pesobit core is a mature team), we cannot disclose conflicting info until Pesobit becomes our main fulltime job.