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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: FiNaLize on August 01, 2013, 10:33:29 PM



Title: WARNING TO ALL MEMBERS : Phenixcoin PXC scam! 30000+ COINS MORE A DAY!
Post by: FiNaLize on August 01, 2013, 10:33:29 PM
Warning to all members! DEVS of PXC just lowered the retargeting of the coin drastically! 30000 coins more day, this is their thanks to the loyal miner!

See the scam unfold here:

https://bitcointalk.org/index.php?topic=266377.0 (https://bitcointalk.org/index.php?topic=266377.0)

INstead of delivering work the devs are changing the whole game!


Title: Re: WARNING TO ALL MEMBERS : Phenixcoin PXC scam! 30000+ COINS MORE A DAY!
Post by: Disastrus on August 01, 2013, 10:42:58 PM
^what he says...

did someone with pxc ran over your cat?


Title: Re: WARNING TO ALL MEMBERS : Phenixcoin PXC scam! 30000+ COINS MORE A DAY!
Post by: sumantso on August 01, 2013, 10:43:52 PM
Oh look, its the fake finalize bashing PXC. Again.


Title: Re: WARNING TO ALL MEMBERS : Phenixcoin PXC scam! 30000+ COINS MORE A DAY!
Post by: FiNaLize on August 01, 2013, 10:44:05 PM
This guy is a full-time PXC defender (probably dev), no mention of MEC check his posts.
EVEN HE SAID THAT THERE WILL BE A LOT MORE COINS:



:D :D they changed block target from 90s to 50s :D nice gesture

That is not a problem DGC and WDC has much lower block rate.

Yes it is, you did it 2 months after release, you decreased value of coin, basically hitting in balls all those who mined and bought PXC within those 2 months :D

you hold pxc?  i don't

better do it after 2 months then after 2 years
coin is still cheap now and not many on market
premine could become worth a bit less,  so devs must have good reasons cause no benefit 4 them


Yes I did hold PXC, of course I sold as soon as they announced this update :D 40% devaluation is not cool

its not a 40 percent devaluation, on a total of 3.5m coins mined up to now there will be, say 30k coins more every day, for a healthy market that's not a lot


Title: Re: WARNING TO ALL MEMBERS : Phenixcoin PXC scam! 30000+ COINS MORE A DAY!
Post by: FiNaLize on August 01, 2013, 10:46:32 PM
^what he says...

did someone with pxc ran over your cat?

Lol no


Title: Re: WARNING TO ALL MEMBERS : Phenixcoin PXC scam! 30000+ COINS MORE A DAY!
Post by: sunsofdust on August 01, 2013, 10:48:24 PM
It will be interesting to see how this plays out...


Title: Re: WARNING TO ALL MEMBERS : Phenixcoin PXC scam! 30000+ COINS MORE A DAY!
Post by: apbyte on August 01, 2013, 10:49:04 PM
Nothing is fake, they devaluate coin by 40%, it is coded in stone, they can't take it back, everyone who was mining in last 2 months got hit in the balls


Title: Re: WARNING TO ALL MEMBERS : Phenixcoin PXC scam! 30000+ COINS MORE A DAY!
Post by: claycoins on August 01, 2013, 11:02:03 PM
Nothing is fake, they devaluate coin by 40%, it is coded in stone, they can't take it back, everyone who was mining in last 2 months got hit in the balls

It is not devalued by 40%, think before you post.
The max number of coins is still the same it will just be reached quicker. 


Title: Re: WARNING TO ALL MEMBERS : Phenixcoin PXC scam! 30000+ COINS MORE A DAY!
Post by: ohiwastedmylif on August 01, 2013, 11:02:23 PM
This thread is legitimate,

38,400 MORE coins minted per day.

What does more mean relative to current, yesterday's, and past high prices mean?

38,400 * 0.00025 = Additional 9.6 BTC / Day

38,400 * 0.00030 = Additional 11.52 BTC / Day

38,400 * 0.00060 = Additonal 23.04 BTC / Day


Lets take a conservative value if PXC remains at the same price of 0.00030 and how much BTC/USD that is in 1 year.

4,204.8 Additonal BTC / Year or $378,432($90/BTC)

Or nearly 4.2 X the current market cap value of PXC.


Title: Re: WARNING TO ALL MEMBERS : Phenixcoin PXC scam! 30000+ COINS MORE A DAY!
Post by: Sampey on August 01, 2013, 11:17:06 PM
PXC is crashing on Cryptsy.
Buy or Sell? I'm buying and selling  8) 8)


Title: Re: WARNING TO ALL MEMBERS : Phenixcoin PXC scam! 30000+ COINS MORE A DAY!
Post by: krasnyoktyabr on August 01, 2013, 11:23:06 PM
Aanndd they destroyed the price of PXC. Well done developers. This is why you don't mess with coin generation after the fact.

I hope you learn your lesson from this and drop the plan to change the coin generation from WDC.


Title: Re: WARNING TO ALL MEMBERS : Phenixcoin PXC scam! 30000+ COINS MORE A DAY!
Post by: Sampey on August 01, 2013, 11:41:33 PM
Disaster!

Last Trade at  0.00017000     >:( >:( >:(


Title: Re: WARNING TO ALL MEMBERS : Phenixcoin PXC scam! 30000+ COINS MORE A DAY!
Post by: apbyte on August 01, 2013, 11:49:19 PM
Disaster!

Last Trade at  0.00017000     >:( >:( >:(


no last was 0.00007 :D


Title: Re: WARNING TO ALL MEMBERS : Phenixcoin PXC scam! 30000+ COINS MORE A DAY!
Post by: FiiNALiZE on August 01, 2013, 11:55:28 PM
Oh look, its the fake finalize bashing PXC. Again.

Thanks, didn't realize that was a "fake"


~BCX~

They say imitation is the sincerest form of flattery, so thanks FiNaLize  ::) ::)


Title: Re: WARNING TO ALL MEMBERS : Phenixcoin PXC scam! 30000+ COINS MORE A DAY!
Post by: jbmiller10 on August 01, 2013, 11:57:44 PM
This was a terrible decision on the part of the pxc devs... what were they thinking?


Title: Re: WARNING TO ALL MEMBERS : Phenixcoin PXC scam! 30000+ COINS MORE A DAY!
Post by: nawazish1 on August 02, 2013, 12:06:17 AM
See this. It explains what is happening to PXC

http://f.cl.ly/items/2w2U170S3l062R382V16/buy-buy-sell-sell_1024.jpg


Title: Re: WARNING TO ALL MEMBERS : Phenixcoin PXC scam! 30000+ COINS MORE A DAY!
Post by: apbyte on August 02, 2013, 12:08:59 AM
See this. It explains what is happening to PXC

Stop trolling, that image has nothing to do with what is happening. That image shows how things go crazy without reason.

In your case there is reason and your devs made that reason, so stop blaming us for your devs being ....


Title: Re: WARNING TO ALL MEMBERS : Phenixcoin PXC scam! 30000+ COINS MORE A DAY!
Post by: ohiwastedmylif on August 02, 2013, 12:58:22 AM
See this. It explains what is happening to PXC

Stop trolling, that image has nothing to do with what is happening. That image shows how things go crazy without reason.

In your case there is reason and your devs made that reason, so stop blaming us for your devs being ....

At least he is building his resume, PXC PR is a full-time job trying to cover up issues.


Title: Re: WARNING TO ALL MEMBERS : Phenixcoin PXC scam! 30000+ COINS MORE A DAY!
Post by: apbyte on August 02, 2013, 01:15:11 AM
See this. It explains what is happening to PXC

Stop trolling, that image has nothing to do with what is happening. That image shows how things go crazy without reason.

In your case there is reason and your devs made that reason, so stop blaming us for your devs being ....

At least he is building his resume, PXC PR is a full-time job trying to cover up issues.

I am afraid that he will become workaholic if PXC devs will continue doing these things so often :D


Title: Re: WARNING TO ALL MEMBERS : Phenixcoin PXC scam! 30000+ COINS MORE A DAY!
Post by: FiNaLize on August 02, 2013, 10:40:11 AM
Reading this with hindsight made me chuckle:



Ty and with the partnership things are going it frigging rock! Takes a lot to get me excited and i am pretty pumped. In the next 2 weeks we will start
sending some of these coins to the alt graveyard
.  This is the time for other devs to tighten up or they will get left behind eating pxc,wdc and ftc dust! Those that have supported us will start reaping the benefits.

Quote
If you don't trust Phenix, fine, don't buy PXC. The next few weeks will prove that we are serious even to the greatest cynics on the forum


Yeah, serious in scamming. Feel bad for the people who invested a lot, this is the reason I warned you.