Somebody cashed out.... around 40k xpy dropped. No more buy-walls.

If the sell-side is empty it belongs to the context if it's a good or a bad sign. Sometimes it means: No hope for a rising price and active sells. That's what the chart is telling. And compared with yesterday there is not so much on the buy-side.

At least a honest post...

Interesting post that is already deleted on Hashtalk:


Coldcoiner:

PaycoinFoundation is going to kill XPy and screw everything ( READ IT AND PROVE ME WRONG ) OPEN PROJECT RELEASE CHALLENGE

Dear Fellow community members first of all i want to tell you that the above conclusion was made on the basis of my personal experiences:

who i am ? regular pay coin user and investor. I invested a lot in pay coin more than what i can afford to lose. And with every negative news, delay in launching effected me and my projects very bad very very bad and at last there was a time around 15 - 20 days prior when i really thought that every thing was finished and i will not be able to complete my projects and once again i will lost the amount i invested in those projects which i am doing for the benefit of crypto currencies and our pay coin. And i shared everything with one of the forum member i cant publish his name here but if he thinks ok then he can post it During the time of extreme tensions i contacted several guys for Investment/help @MrCoins @btcmillionaire @Huey and several others these are the names i am remembering because they are actively involved with XPY and their post shows that they are ready to help in every way to stabilize and benefit XPY. But i am surprised to see that i didn't get helping hand from anyone instead of that every one was busy in getting profit for themselves only i don't think its wrong its ok every one of us think the same and only act according to that. So sorry if it hurts but i am not blaming anyone but the fact is fact.

Know my views about @MrCEO :

When i have to face bad situation due to delay in honour program, Down fall of xpy i feel very bad about @MrCEO and even expresses my views openly on forum. I am sure that others also feels the same but they didn't posted it here due to fear of ban , greed etc. Even when i posted offer to sell my coins and account several of them come forward and try to stop me by saying that they will buy it they will support us etc etc on forum but on PM several guys clearly told me that they will not buy and only posting their support to get attention of josh @MrCEO . It means none of them are supporting paycoin they are simply showing trust to get gifts from GAW .

But at present something unexpected happened which changed my views totally. By totally i mean at present i have faith in @MrCEO and yes i beleive him and will support him in every possible way.

What Changed my Views about @MrCEO :

As i told you i faced very bad situation 15 - 20 days prior and during that time even i felt that i am in total lose and even lose my entire investment/savings die to Pay coin. And during that time i decided to seek community help but as already said no help i received even against collateral. So at last i decided some thing strange and results are unbelievable:

I simply contacted Josh @MrCEO by sending him a mail and you will be surprised to know that in that mail i clearly told him that i am in need of fund because of XPY and also offered him XPY as colleteral against his help. And you guys can't beleive it not only he replied back he gave me support assurance and fund i required. ( and if any of you need prrof i can show each and every mail i sent him the address where i received the coin etc ).

It clearly shows that @MrCEO is working hard to establish paycoin and he have complete faith in the coin else why he will fund paycoin related project ?

Others didn't helped because they don't have faith in it even @paycoinfoundation. I don’t know who is running it.

Know how they will damage the coin:

i am once gain in problem due to the silly step they took and lack of professionalism they shown. @MrCEO funded me using XPY and i gave it to my developer and you know what even before he tried to sell that the announcement come from paycoinfoundation and the rates are down by 50%. If they planned and moved according to professional ethics i am sure it will not happen and till know i will be online with my projects and i am sure about it that our project will also help in stabilizing XPY. But what now who will help us the foundation. I simply don't able to even think that i will get not me anyone will get any help from anywhere else other than @MrCEO

And if GAW will be seprated from paycoin will they help in developing paycoin and stabilizing it ? no they will not even if i am in place of them i will also not.

So once gain i mailed @MrCEO telling him the problem i am facing and asked him to take back xpy and give btc or fiat to developer so that we can complete the projects. And i am sure this time also i will get help from @MrCEO and i am ready to place bet on that.

Know some of you guys can tell me that @MrCEO has wallets staking at 350% and that's why he is giving money to help startups etc. But i want to ask you one thing others also have the same type of wallets like paycoinfoundation and others why they are not helping others ?

My open challenge:

If you guys dont have the guts to establish any thing don't dare to destroy it. You will also face lose due to it. And if you think you are capable of helping out XPY then i am giving you an offer lets return the investment of @MrCEO and you guys invest and thats not possible can you at least bear the loses faced due to your announcements and UN professional way you adopted to make changes ?

and if any one have any doubt on my calibre i can challenge that i can release 10+ projects supporting XPY within 15 days time wanna test us ITS AN OPEN CHALLENGE. It means that you cant stabilize or support XPY by setting up a pay coin gateway we need users , funds and will to support if we want to support XPY

AND IF YOU GUYS THINK THAT I AM WRONG PROVE IT AND UNTILL YOU PROVE IT I AM WITH @MrCEO WHEN I THOUGHT THAT HE IS WRONG I OPENLY SAID THAT AND NOW WHEN I AM SURE HE IS GENIUNE AND TRUST WORTHY I AM AGAIN ADMITTING IT OPENLY.

THANKS @MrCEO TO HELP US WHEN WE NEED THAT AND LOOKING FOR THE SAME IN FUTURE ALSO .

Link (was): https://hashtalk.org/topic/36195/paycoinfoundation-is-going-to-kill-xpy-and-screw-everything-read-it-and-prove-me-wrong-open-project-release-challenge

All the last time (weeks, months) the whole community acted very "price-supportive"... trying all to back it with new buys and "don't sell - calls" etc. At the same time there were many manipulations, simple pumps in combination with "SOOON-Posts" and so on. It never worked very well if you look at the chart but somehow it helped that it's still this overvalued. Without that supportive community the price would be were it should be.

The problem is: These times has ended the last days. A single person can try to back the price but it won't help. So, your question is a good one but I've learned not to ask too much about rationality in the XPY-Game. Didn't find it on any side.

I have no doubt that it will crash every buy wall. Reason is: The large holders obviously are in fights, don't trusting each other. Just a matter of time that somebody clicks on sell. And, more important: There is absolutely no reason why the price should rise and it won't stay at 0.001 - 0.0012.   

That is also an interesting point. I mean... if he would have made great profit out of XPY this bill shouldn't be a problem. I don't understand this whole XPY-story. It's very entertaining and like a course in "collective psychology" but I would like to find any rationality. But every detail seems irrational...

Serious question: Is there anybody who is able to explain what the plan was with XPY? I mean... money-printing, yes. But how could this ever have turned out well for anyone? Maybe some traders made some profit, but it seems nearly everybody who touched it regrets it - inclusive the founders.

So... what was the plan if it would have worked? How to get out without legal consequences?

This guy confirms it: https://hashtalk.org/user/paycoingateway

Look at his posts...

Most amazing Cryptocoin ever made? It's brandnew. Started at: March 20, 2015, 07:43:58 AM

And you're brandnew as well: March 23, 2015, 02:04:25 PM

Really that new? ;-)

Let's say, just for example, you and 4 friends buy over time around 200k. The price was around 50k sat. You and you're friends invested around 100 BTC over time. Maybe a little bit more. Let's say everybody 25 BTC = 125 BTC. Another 50 BTC to give it a push, to pump it.. others buy in, it's hyping, price is rising. And then you dump as much as you can. Average maybe "just" 500k sat. But that would mean: Your early investment x 10

I would say that's a nice profit. ;-)

Yes, you're right. Made a mistake watching the volume. The Volume is around 400k but there was also a lot of buying before. But the problem is: Even if "just" 150k were dumped it doesn't make it really better. It was pumped and dumped. And there is always the problem that guys who hurt a project like this, whoever they are, take the money and leave. It's always the time after a dump the Devs will show if the project is legit or not. Never saw that the price recovered fast after a dump like this.

I'm not mad. I didn't buy and therefore I didn't sell. No profit, no loss. I've learned my lesson with Cloak. I don't buy Coins that I consider as "hype" or maybe even "scam", but I watch it. ;-)

Yes, that's interesting. But more interesting is: Around 300.000 Coins were dumped today. What tells that about distribution? I doubt that that was a panic-dump from hundreds... it was a dump from several guys with A LOT of Coins. And they obviously give a shit on this project. No real supporter would hurt a project like this over the price. So... will the money flow back in? I would say "no".

Obvious is: It was pumped and dumped. Question is who? Question is: Is it really cheap at this level? And I mean it serious, don't want to assume I would know the answer. The thing about it is: If a project is legit, the Dev has to prove that after the first Pump'n'Dump. If this project is not abandoned in some months, and the Dev is still developing even if the price stays low(er), it's legit. And then there will be the question: Just not-scam or with real quality/value? In the end only quality will win. And only Devs who are skilled and do their coding through months with low prices will stay and bring Crypto true innovation. Time will tell what exactly Crave is/will be... ;-)

And here it is: https://www.youtube.com/watch?v=CD4PsCaJ23c

Really awesome!

That's really sad! I remember how Alty talked about one Cloak-supporter who left Cloak and went to Shadow. And a little bit later I tried to defend Alty when he went on vacation and Cloak was dumped, but then.... he dropped Cloak and supported Shadow.

Just pathetic... I won't trust any project this guy just talks about.

Neos will be on the Bitcoin-Rush-Show today! (3pm PST)

http://youtube.com/bitcoinrush  
https://twitter.com/Bitcoin_Rush/status/586388671437209600

Viele glauben, dass Gaia v.a. von Neos abgekupfert hat. ;-)




Allerdings legt Neos den Schwerpunkt vor allem auf Sicherheit und Gaia offenbar v.a. auf Apps. Neos kommt mir aber professioneller vor um ehrlich zu sein.

Great Idea! Just send 0.01 BTC. I will win! ;-)