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Title: Paycoin (XPY) dropped $30 Million from $100+ Million market cap in one day Post by: CryptoCurrencyInc.com on December 18, 2014, 05:42:58 AM Paycoin (XPY) dropped $30 Million from $100+ Million market cap in one day
https://chainz.cryptoid.info/xpy/ Is it because of the dispute about the use of the name Paycoin (PYC)? Has the investors of Paycoin (XPY) lost confidence? Title: Re: Paycoin (XPY) dropped $30 Million from $100+ Million in one day Post by: bathrobehero on December 18, 2014, 05:43:41 AM It will drop more around Friday when HashPoints will be converted into XPY.
Other than that, I can't see it succeeding mainly becuase it's tied to the US with a company behind it so it's not even completely decentralized. Title: Re: Paycoin (XPY) dropped $30 Million from $100+ Million market cap in one day Post by: tylerderden on December 18, 2014, 06:05:28 AM not to mention they fucked a bunch of us miners out of alot of coins, so yeah typical gaw bullshit scam. that pissed alot of people off, they paid some people and not others and its just all fucked up. doesnt really make people confident that 20 year old kid is capable of doing anything right. normally when we mine on a pool and dont get paid its officially a scampool right? well gaw shouldnt be treated any different. as far as im concerned those dicks are the definition of everything wrong with crypto. i hope that coin and their ponzi go straight to zilch.
Title: Re: Paycoin (XPY) dropped $30 Million from $100+ Million market cap in one day Post by: bathrobehero on December 18, 2014, 06:58:45 AM On a sidenote, last week GAW_CEO was asked regarding when the so promised maintenance fee drops will come and he said they don't even have all their datacenters up and running and it won't happen before that. Recently he also tweeted "Even though the mining centers are noisy and hot, it will be sad to see them go. RIP" which have been deleted. And he also tweeted that about 90% of Hashlets have been converted to Hashtakers. In addition, he's turning away from mining due to decreased profitability, when he was asked to let Genesis miners to mine XPY instead of Bitcoin he said "We can allow sha to mine paycoin directly, but it will not make sense. Between the maintenance fee and the difficulty, it will not be profitable."
So you can really only trust XPY as much as you can trust a guy who keeps contradicting himself because at the end of the day the coin belongs to him while the US goverment can also do whatever the hell they want with it. Title: Re: Paycoin (XPY) dropped $30 Million from $100+ Million market cap in one day Post by: ocminer on December 18, 2014, 07:01:27 AM Miners dumping? Nethash and diff were crazy all the time...
Title: Re: Paycoin (XPY) dropped $30 Million from $100+ Million market cap in one day Post by: notsofast on December 18, 2014, 12:00:19 PM At this point I'm holding zero XPY and have nothing to do with GAW, I'm just sitting back with my popcorn
Title: Re: Paycoin (XPY) dropped $30 Million from $100+ Million market cap in one day Post by: corather on December 18, 2014, 12:08:04 PM Hey look kids, same old Bitcoin Talk Bullshit.
And over there, a moose! Title: Re: Paycoin (XPY) dropped $30 Million from $100+ Million market cap in one day Post by: gomei on December 20, 2014, 03:02:09 PM Miners dumping? Nethash and diff were crazy all the time... why people are so crazy for this new coin?any perfect features? Title: Re: Paycoin (XPY) dropped $30 Million from $100+ Million market cap in one day Post by: bitwarrior on December 21, 2014, 07:58:04 AM Miners dumping? Nethash and diff were crazy all the time... why people are so crazy for this new coin?any perfect features? Its all about the money! I wonder how high this coin can reach a piece. |