Josh took down a 2000 XPY wall earlier and I hope he does it again, just to give all of you fuckers more butt hurt come Monday, I know what I will be doing and that is buying more. The amount of misinformation on here is a joke. Like "it take 30 days to be verified" how about that dick head read the the thread, tier 2 CC verification = sell $500 worth of XPY per week. Tier 3 Government documentation sell $2500 per week. These will be easy to meet. So keep selling your coin cheaply and I will keep buying. On Monday when I get my $20 per coin I will come back here and see who really got Butt hurt. See ya fuckers
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Fuck a lot of you are really going to be crying come Monday, please keep dumping I will buy, I like free money. Josh has made it public that Pay Base will open on Monday and will exchange at $20. The exchanges will follow due to traders. So go get you $6.00 now, I will be happy to give it to you and even happier when I sell at $20. Months of you guys crapping on GAW now time for revenge.
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I really believed in the project and still do. I hope they can make it work. Because if it does it will be good for all crypto not just XPY but also for BTC and numerous other coins. But nobody seems to understand this.
What part of this get rich quick scheme provides any benefit to crypto? (other than making a some people richer and some poorer) It really is not about the get quick rich scheme it's about Paybase. And BTC will be a very big part of Paybase and probably other coins will follow I really would like to see DOGE in there with the community behind that it would again help all crypto. If they can add only one of the mentioned merchants to use it it will help adoption of crypto go in the fast lane. But it seems nobody has even bothered to look at the whole plan. There is so much information available already. Everybody seems to be hung up on Paycoin but that is just a small piece of the whole puzzle. Like I said BTC will have a big role to play in this too. The credit card connected to a wallet for whatever coin or even multiple coins is never been done before. Some one that finally gets it, Pay Base is the end game, were GAW and his big investors get fees for ever, there will be small transaction fees, but regardless whether you are a fan boy or a hater I think most here will use Pay Base, an easy place to use your crypto. I just hope GAW make you buy Pay coin to use it then I will get my 15 K and say thanks
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Lets face it this will either be a big success story or the biggest failure in crypto, however what is worrying is the biggest premine, the free giveaways and every hsahlet being given a staker (these were rare only days ago but now everyone gets one). The pre-mine lets start there, was there really a last minute investor? I don't think so the extra coins are more than likely to assist in paying the initial extra stakers our there. The extra stakers- locks more coins then initially stated less chance of a dump The extra coin for every prime equates to $10 million if you believe a $20 real market price once all the hash points are converted. I am just waiting for the announcement that the conversion will be higher then stated, 800 to 1 or along those lines. I left it to late to leave completely, I have other cloud investments so should be OK. I will see how this all looks in about a weeks time, however I will tell you one thing if I can sell out at $20 a pay coin and I get the correct conversion then I am taking my 15K and leaving and I will be here to praise Josh for the 10 x investment in 6 months. Anyone who stays are fools. However I some how don't think that will be the case, I can see limits on the amount you can exchange within pay base, the other exchanges falling very quickly or have very little liquidity. Oh well this is crypto the biggest roller coaster ride in history, i for one may get off in a weeks time.
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I bet Josh wished he didn't start on twitter, now the whole crypto world can crap on his coin.
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I don't really care, GAW has just doubled my money again, I had a good hunch that he would give wallets to all scrypt miners, bought Multis under $4.00 and sold today at over $7.00, I have rinsed and repeated this several times now, the market place has made me a shit load. So thanks Josh for shit coin as it has made me several thousand dollars richer, and thanks to your team of followers.
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Somebody go post on his twitter the link and in all caps "SO HOMERO, IT'S 5% NOW HUH?"
Seriously, you could try to do some math, it's good for your brain. Bitcoin hashrate: 299,090,788 GH/s Cumulative hashrate on Paycoin 20-30 minutes after launch: ~2.35 Petahash on just the main pool, not counting solo miners and other pools 2.35/(29.9-2.35) = 8.52% minimum hashrate that switched over, not counting solo miners and other pools Basic math. Do it right. Your maths is out by a mile 299,090,788 GH is actually 299 PH so 299/2.35 = 0.82% if you want to quote maths make sure you know how many GH to a PH it is 1 million.
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From Twitter Gaw CEO go Team Paycoin send out your army, I thought I was a customer. What a fuckwit.
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I think that GAW may be selling a pup, now offering a pay coin to all prime hashlet owners if they convert to a 1 coin staker slot, now with rumored 500K primes that is 10 million dollars add that to the other 50 million dollars already mined in HP. I think Josh thinks that his loyal fans will hold onto their Pay Coin however I see one of the biggest dumps in the history of crypto coming. Most people on Zen Cloud have received no earnings for well over 2 months, He has also stated that the long suffering Multi owners are going to get about 9 days of HP mining.
The numbers are starting to look very shaky, and GAW have backed away of any $20 price claims of late. If Josh does have big investors involved then he only needs to keep the floor price above that level.
I will be dumping like many others and getting the best price I can.
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OK I have just seen another move by a member of the bit coin community who was threatened by GAW with legal action. And his move may put to end any speculation that GAW is not mining or does not have enough equipment to mine. He has gone via a back door, and GAW will need to prove every machine they have is FCC compliant. No by doing this GAW will need to disclose how many machines they have. If they do not provide numbers in the tens of thousand, then GAW might be found to have misrepresented the size of his company. I say good on you Scott as you will get closer to the truth then any one.
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Do people still not get this, the Hash Staker prevents a dump, Pay Base is the end game, Pay Base will also allow BTC payments it is a payment processing site that charges fees just not as high as a credit card. So by preventing the initial dump GAW has ensured any floor put in place is safe, the floor is payed by the hash staker. On primes and other hashlets convert, no more mining. GAW mines all equipment on either BTC or LTC. More money to keep the floor in place. After 2 or 3 months staked coins have doubled, customers are happy even though no real money. In 6 months Pay Base has taken off, pay coin slowly loses value and GAW states that he had the most profitable coin for the last 6 months and it is market forces causing the drop in price. I say get in now, probably double your money, then the mining side of GAW will be gone and it will all be about pay base. The one problem GAW may find is that a competitor will come along and do the same without a bullshit coin or Pay Pal fully integrates bitcoin if that happens pay base is dead within 2 months and so is GAW as a business.
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This whole project is not about the miner it is about Pay Base, just needed the cash to get it up and running.
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Cloud mining will probably be the way of the future, data centers have the ability to negotiate electricity rates just like all large power intensive businesses, where at home you have few choices. In Australia our average per KWH is $0.27 which means home mining for a profit has nearly ended. As with hardware sellers some cloud mining providers will be scams, others won't I suggest you do research, stay away from ones that don't give good detail about there location. Ones in the US and UK should be fine as long as you can make sure they are registered businesses as if they are scammers they will be bought to justice at some stage. I diversify and purchase at different sites, to date I have been lucky and have not lost out. If 1 goes down I have 4 or 5 others that will still be going.
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I really hope for the crypto community that GAW is not a scam as they seem to have a lot of customers. I am invested with them but also with others so if one fails I should be ok. What I dislike about GAW and its fanboys is the over moderated site and the way he has treated his solo owners. Imagine buy any cloud service that only returns 1 satoshi per day, that is a joke. GAW initially stated that if a hashlet was mining an unprofitable pool they would upgrade for free, that didn't happen instead they dropped fees on those hashlets. The one other thing about GAW is he is making a lot of noise about taking on pay pal and the banks, now that is just plain stupid, pay pal is a multi billion dollar company that could squash GAW like a fly.
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