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which was close to a 80% return on my investment already how is it even possible that you guys didn't ROI or lost money on this? I'd like to know.
probably the same way you just said you did? if you consider that a profit, well I have $80 that I would like to give you for that $100 bill in your pocket. I'm afraid you didn't finish reading my post: Even today, if I sold those BTC and Paycoins, I would yield 4x$200 + 500x$4 = $2800, almost double my original investment. |
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My investment with GAW has been the most profitable out of all of my bitcoin ventures.
I purchased 28 MH of Hashlet Primes and converted 1 War Machine and 2 Black Widows, a total of about 106MH of power (~$1500), generating daily about
0.072 BTC for a long while. Over time, the payout decreased, naturally, as is the nature of bitcoin mining. But in those months of mining, I was able to generate
about 4 BTC, which was close to a 80% return on my investment already, not including the fact that I could sell them for $50 each anytime that I wanted to.
And Josh had a plan, and he did his best to ensure profitability for his customers. Hashpoint mining was initiated when the price of bitcoin fell so low that
maintenence fees were eating into our profits, mining Paycoin, long before its inception, was an ingenious way to hedge against that. After many extensions, I was
able to mine about 500 Paycoins worth $10,000 at the $20 rate. Now my Primes are Hashstakers and are creating 1 Paycoin a day.
So even with Paycoin at $4 valuation, I've made much more than I've invested. Even today, if I sold those BTC and Paycoins, I would yield 4x$200 + 500x$4 =
$2800, almost double my original investment. Of course, I've made back my investment long ago, and only am investing that which I am willing to lose. So tell me,
how is it even possible that you guys didn't ROI or lost money on this? I'd like to know.
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Question: aren't the block rewards for XPY supposed to be changing depending on network demand? Seems like 49 XPY reward every time.
That part wasn't implemented. None of the more interesting features from the white paper made it into the code. Even Prime Controllers aren't there yet. The block rewards for mining won't change, the rate that coins will be generated at during the PoS phase will change because of the Prime Controllers. As demand for Paycoin increases, it follows that demand for Prime Controllers will increase in response. As Prime Controller bids increase, the number of Paycoins entering higher staking wallets increases. This means more coins stake at a higher level and thus the creation rate of Paycoins increases in response to the increase in demand. The opposite holds true as well, for times when demand decreases. From the white paper, section 6.2.1  |
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Ahh, it's been a while RSC, just wanted to come and pay my respects, back to the good ol' days. You'll be remembered.  |
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Just wait and see mate My predict soon another ponzi will down they take btc for new years holiday   |
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bitpop is ltcgear legit?
I don't trust any mining, hodl Bitcoin, no counter party risk And personally, Litecoin is a shitcoin +1 |
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Meh. I will say this though, I rented some hash from Nicehash today and doubled what I put in which is pretty cool. Margins are thinning though so I'm bowing out for now.
I can't even get any rigs on MRR cause bots are picking up everything for mining XPY lol  |
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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 10% of it is 29.9 Petahash. Cumulative hashrate on Paycoin 20-30 minutes after launch: ~2.35 Petahash on just the main pool(which is likely 10% of all Paycoin hashrate), 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. kk fixed, much better now |
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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. |
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Snapshot will be posted tomorrow, had a very long day today.. 12th bag payments commence.. In mean time we are mining paycoin among other exciting things that are so near ready.. .. Ooh, exciting to hear you'll be participating in the paycoin launch. Have you been up to date with the hashlet conversions going on on zenminer? |
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and gawceo is the real deal
The he shouldn't have a problem to post from his real account and set the record straight. I mean Josh Garza is the real deal, just saying, anyone could've created the other account. |
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Stealing would imply we broke the laws.
The exact opposite happened. We properly followed the laws and registered things correctly. Anyone could have done it, including those that used it first. They did not, so we did. There is nothing unfair about that.
Regarding the sucess of paycoin. There is no value arguing over that. You have your opinion, and I have mine. Let's just wait and see what happens and let's facts decide the truth.
So being unethical and immoral is ok as long as technically, the laws weren't broken. Most of these alts cannot afford to pay for lawyers to defend themselves nor to buy trademarks - most of this is open source and done via volunteer work and you know this. What you have done is crooked and unethical to anyone watching. And judging by all the recent accusations [against you] on reddit and BCT, it looks like you're a man of extremely poor character and this is how you normally conduct all your business. So it's not surprising that you feel you've done no wrong. You will soon find out that much more will be lost by you trying to improve your bankrupt image than what you would have spent doing this the right way. lol the old paycoin is dead, dev's gone, community's gone, i can't sync the wallet. How do you expect a coin to go mainstream if they can't even afford to trademark? That's what the community is for, funding it, but they aren't here. and gawceo is the real deal |
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It's been almost 3 months since the inception of Qibuck, and I'm still here haha. Very excited for the next payout round, glad to see QBK alive and kicking. |
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Well, I have some ideas for mining revenue.
Cloud mining is very cheap at this moment, gawminers.com has hashlets ranging from 10-50$
and you can get around 5$/MH on ltcgear.com using the coupon code anniversary1yr and paying with btc.
These companies both seem to be reliable and I have been getting consistent returns from them as well.
If a spreadsheet were to be made for the nhzkarm funding, I would be willing to donate some ltcgear MH to it.
I am very interested in cloud mining can you please, point me to where I can get more info about this? PM sent! |
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Well, I have some ideas for mining revenue.
Cloud mining is very cheap at this moment, gawminers.com has hashlets ranging from 10-50$
and you can get around 5$/MH on ltcgear.com using the coupon code anniversary1yr and paying with btc.
These companies both seem to be reliable and I have been getting consistent returns from them as well.
If a spreadsheet were to be made for the nhzkarm funding, I would be willing to donate some ltcgear MH to it.
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I'll let you go and qiwoman2 can deal with you. You obviously have not done your homework.....
Thats the problem, I want to do my investment research on the coin, but there is nothing to see besides some poorly made google docs sheet. Why are you against publicly posted addresses for coins held? Okay, how about this? Here is the address that the ABC used to send to QBK: AMJV5f6stDamVEAKJC2U2atPtg8oM9Z5Dy You can get more info on their bitcointalk thread here: https://bitcointalk.org/index.php?topic=682939.0And here is the public ledger for any and all transactions involving the original ICO funds that were raised. https://poloniex.com/ledgers/qbkNot too hard, just did a little searching. (: |
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Hi, I got the qibuck wallet a couple weeks back, and transferred some from Poloniex.
I've not been able to sync the blockchain though. I tried multiple times, with and without the conf contents in the OP. Every time, no connections to the qibuck network.
The log shows that it finds 39 IPs, but fails to connect to any.
Other wallets work fine (HYP).
Any idea ? I'm guessing it tries to connect to stale nodes. Anyone has working ones ?
You can try this one maybe: addnode= 104.131.194.96 |
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OP has been cleaned up a bit today and tomorrow asset sheet will be updated..thanks for your support.. Looks good! Just wondering, has the 100k stabilization fund been completed yet? |
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