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Economy / Service Discussion / Re: GAW Zen Hashlet PayCoin unofficial uncensored discussion. ALWAYS MAKE MONEY :-)
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on: December 16, 2014, 04:14:35 PM
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I prefer a cautious approach to my investments and yes, the 'locked-in' part of the whole staking process just puts me off entirely.
I can understand this point of view because paycoin is so new... but certificate of deposits are nothing new, and are generally considered to be some of the most conservative/cautious investments you can make. And that is pretty much what a hashstaker is... it's a CD A high-yield CD... but nonetheless... a CD. Lol, a CD is backed by a bank with billions in assets. A cashstaker is backed by Josh. Ouch. technically u can sell ur hashstakers with coin inside but atm its the fiat reserve causeing doubt It's irrelevant because contracts in crypto are a joke. Hashstakers are backed by unicorn poop. |
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743
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Economy / Service Discussion / Re: GAW Zen Hashlet PayCoin unofficial uncensored discussion. ALWAYS MAKE MONEY :-)
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on: December 16, 2014, 04:08:02 PM
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I prefer a cautious approach to my investments and yes, the 'locked-in' part of the whole staking process just puts me off entirely.
I can understand this point of view because paycoin is so new... but certificate of deposits are nothing new, and are generally considered to be some of the most conservative/cautious investments you can make. And that is pretty much what a hashstaker is... it's a CD A high-yield CD... but nonetheless... a CD. Lol, a CD is backed by a bank with billions in assets. A cashstaker is backed by Josh. Ouch. |
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744
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Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: LTCgear.com, the best scrypt/scrypt n/X11 cloud mining service, ROI 2 months
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on: December 16, 2014, 04:01:24 PM
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I think the 2nd gen thing is the last part of this ponzi sceme.
The bubble will pop in mid January.
Save whatever you can and run away from ltcgear.
How come you think this? My guess is he is pissed about waiting for payout and this is another flame account. Hence, the name 'flame1012'  . Seriously though, the launch of 2nd gen miners will be the next big test in LTCgear's legitimacy. Blackarrow, Avalon, BFL, KNC, and many others have failed miserably at this 2nd gen step. I am betting on LTCgear delivering in Jan. However, others will need to do their own research and come to their own conclusions based on how comfortable they are with the level of risk involved. Yep one of the many new accounts bitching up a storm. I really hope he kills that referral program soon because it can't happen soon enough. |
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Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: LTCgear.com, the best scrypt/scrypt n/X11 cloud mining service, ROI 2 months
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on: December 16, 2014, 02:28:41 PM
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What about this LTC dump?  I bought some shares recently and the price plummet, fml. Well, everything s sinking BTC, LTC, alts. This has been a really bad year for crypto in general. Let us hope 2015 ll be much, much better. Yeah, you would think tech savvy people in Russia and Argentina would be all over cryptos right now. Anyone receive Dual Mod conversions? I agree, it's clear the Ruble is in trouble and even with the latest bump up they are still having serious issues. If you compare the BTC/Ruble chart to the USD chart you can see there has been some effect but it hasn't bled through all currencies yet: https://btc-e.com/exchange/btc_rur |
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748
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Economy / Service Discussion / Re: GAW Zen Hashlet PayCoin unofficial uncensored discussion. ALWAYS MAKE MONEY :-)
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on: December 16, 2014, 04:41:34 AM
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I may have missed it, but who handles the exchange from cyrpto to fiat for paybase merchants. Like now, coinbase handles converting BTC into fiat for overstock.com etc. at time of purchase. I mean, amazon is'nt going to except actual paycoin.... someone's converting for them to cash'ola lol
Think of it like this. Amazon knows nothing about you, what you are buying or paycoin. You are simply telling gaw you want something from amazon. They have your paycoin in their account, so they convert it to fiat on their site and then make the purchase with fiat using their amazon account. They will have the order shipped to you. It's like drop shipping almost. The only thing bad is you lose almost all the benefits of Amazon and gaw can f*ck up your purchase in a countless number of ways. You have to deal with gaw for all customer support, returns, etc. I don't think ANYONE is that stupid actually now that I think about it. k, so basically gaw is their own cash reserve banker, They actually are the ones paying amazon etc. and deducting that equivalent in paycoin from your wallet, well, they handle the transaction. So no coinbase type 3rd intermediate party assuming all the risk, just good old gaw only. Interesting. thx What about your Prime membership if you have one? What about returns? Completely ruins the Amazon experience if you do not go through them. |
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752
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Economy / Service Discussion / Re: GAW Zen Hashlet PayCoin unofficial uncensored discussion. ALWAYS MAKE MONEY :-)
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on: December 15, 2014, 05:43:24 PM
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This is one of the reason I actually respect your point of view. Both sides talk a lot of shit. Out of this thread 99% is someone beating their chest and name calling. They think calling someone by their name is insulting. So his name is Homero are we really in elementary school that we make fun of someone’s name? There are a lot of flaws with GAW. And I mean a lot. I have spoken out against them by using fact and not name calling. I also have supported them. This whole paycoin well, I am still not sure what to think about it. They have made so many mistakes it is hard to believe they can pull this off but if they do have the money backing it and they do pull it off you would be mad that you didn’t jump in right away. Just like all of the people who missed BTC early. Am I saying this is going to be as big as BTC? I do not know, I think it would be hard for it to reach BTC however if they have what they say it could because they would then have the finical backing other coins do not have. There are a lot of ifs and GAW needs to get better at a lot of things. You can use paycoin but stick to facts of why you think it will fail not I am better than you and your name sounds funny. Or everyone that follows GAW is mindless idiots that are just a part of their cult. Yes there are Die hard paycoin fans just like there are die hard BTC supporters.
Balanced viewpoints are rare around here, thanks We have invited Josh to come and have a discussion with us but won't. Most of the HT people come in here and just start spamming that we are spreading FUD and don't bring anything to the discussion. Reddit even called for Josh to do an AMA on /r/bitcoin but Josh posted on HT that why would he want to discuss anything with trolls. Easiest answer why Josh won't face the trolls is cause he can't control what is being posted and is afraid that they will catch him in a lie. He popped in a couple of weeks ago and he answered some questions but several of the answers amounted to nothing, e.g., changing the fees. |
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