Suppose it easier to buy and sell XPY with your own exchange and you get the fees as well

Not many have been here since the Paybase launch, probably feeling a bit sore still.

But it will pick up, don't worry. When the next set of promises takes place we'll see a new wave of optimism spilling over here as well.

Edit: I got this exclusive picture of paybase launch from GAW World Headquarters (CEO/CTO/redacted watching - bottom right - very EXITED):

i'm actually going over the source now looking for this but i'm not seeing it ... anyone else looking? my C++ is rusty, but not all gone...

int64 GetProofOfStakeReward(int64 nCoinAge, int primeNodeRate)
{

    int64 nSubsidy = 0;
    int64 nRewardCoinYear = 0;  // creation amount per coin-year

    if (primeNodeRate == 0)
        nRewardCoinYear = 5 * CENT;
    else if (primeNodeRate == 10)
        nRewardCoinYear = 10 * CENT;
    else if (primeNodeRate == 20)
        nRewardCoinYear = 20 * CENT;
    else if (primeNodeRate == 100)
        nRewardCoinYear = 100 * CENT;
    else if (primeNodeRate == 350)
        nRewardCoinYear = 350 * CENT;

    nSubsidy = nCoinAge * nRewardCoinYear * 33 / (365 * 33 + 8);

    if (fDebug && GetBoolArg("-printcreation"))
        printf("GetProofOfStakeReward(): primeNodeRate=%d create=%s nCoinAge=%"PRI64d"\n", primeNodeRate, FormatMoney(nSubsidy).c_str(), nCoinAge);
    return nSubsidy;
}

I think I will use a Google drive spreadsheet to put all the archived stuff into a single spot for ease of access and make it public.  As I see them posted I will get them added.

I think a better analogy is what if "1 million people"   were in a burning tacobell all rushing for the exit at the same time. Few will escape, some will get burned, & most will die.

Because that's the neat part. Doh!

good morning,

It's tough to find the right balance between how much to talk about before it's ready, and how much to see to allow people to plan. Here we go

There are a handful of reasons the value of xpy is lower at the moment. One of the largest is usability.

Paycoin is marketed as a highly usable coin. At the moment, there is not much to use it on. We did disclose this in a timeline a couple of month ago.

We are actually ahead of schedule, but it's still taking longer to use Paycoin the way people want. Heck, it's taking longer than I want.

When Paycoin moves from just being a coin with a cool neat interface, to a coin you can use to buy gas, any time you want, it will change everything.

Why? Because there is nothing like that in existence. There is no crypto coin you can buy a coke at your local shop and pay your electric bill with ease. Paycoin will be the first.

Think about that for a moment. What will happen when to all other coins when Paycoin pulls this off? When it pulls off what other coins have been promising for years, how many people do you think will gladly turn over their X coin, for something they can finally use!?! How many people have been holding out their Bitcoin to finally be able to use it this way?

So, what happens when all of these coin holders, and the new customers we are now adding every day, all run to use Paycoin at the same time? You do the math

Here is the neat part, even those that have a,ready chalked it off, will be back. Why? That will have to, it will be a while before anyone catches up to use.

Proof? Look at zencloud, then look at every other cloud service. There is a reason we have lead the industry, we are always ahead of the pack.

Paybase will be no different!

Wow it's incredible the number of hate comments in this thread. I'm honestly curious as to why you guys are ganging up on GAW like that and don't just say it's a scam/ponzi, you have to have hard evidence before pointing the finger. Also if it is a scam, how do you guys expect Josh to get away with the stolen money when all his details and company details are known? GAW is a registered business, he would have nowhere to hide and cops would soon be knocking on his door. One more thing I don't really understand, usually if I don't like a coin/project for whatever reason, I'd just forget the thing even exists and move on, I certainly wouldn't set out to destroy the coin.

If you have a choice between a job or no job what are you going to take. They may not know its a scam. Companies frequently keep there employees in the dark.

Volder has been on this forum a couple of times. He has nothing to do with HT or GAW at this point. In the past he was a reseller of hashlets. Luke R. is customer service\help desk when they did hardware. I would not have put GAWS employees on that list anywhere its just not right - There just doing there job. I can understand the upper management being put out there but not the employees.

Ummmm Tim (Volder) doesnt own the forum, hes was reseller with nothing to do with GAW, other than being invested in it.

If people are going to add "facts" can you please ensure that you get them correct.