Is this a real competitor or a stillborn idea?

[Biodom]

Garza and his hash/paycoin...
http://blogs.wsj.com/moneybeat/2014/11/25/bitbeat-gaw-miners-to-launch-bitcoin-challenger-paycoin/
I hope that this is nothing, but fear that this is some sort of a 'coin' with minimum credentials at which some on wall street will throw their "pocket" money.
$250 mil for something conjured out of thin air?

[Torque]

Yeah man, go for it!  Buy that shit up like crazy!  Put your entire fortune into it. You can't lose man, seriously.

[dropt]

Yeah man, go for it!  Buy that shit up like crazy!  Put your entire fortune into it. You can't lose man, seriously.

 

Seconded.  Dump all your BTC and buy paycoin at $20.  That's after the "VC Bankers" acquired at 2$ and all the people mining hashpoints "buy" at $4, that's even if there's an exchange that will carry it even though there's already an altcoin called Paycoin.

If you want to make money, short the SHIT out of it.

[btceuropen]

Does not concern, it merely a altcoin which under the guise of the name of bitcoins to promote itself 

[fewcoins]

Yeah man, go for it!  Buy that shit up like crazy!  Put your entire fortune into it. You can't lose man, seriously.

Sounds like what people are still staying everyday about bitcoin... good luck

[podyx]

Yeah man, go for it!  Buy that shit up like crazy!  Put your entire fortune into it. You can't lose man, seriously.

Sounds like what people are still staying everyday about bitcoin... good luck

I thought you was bullish a while ago?

[fewcoins]

Yeah man, go for it!  Buy that shit up like crazy!  Put your entire fortune into it. You can't lose man, seriously.

Sounds like what people are still staying everyday about bitcoin... good luck

I thought you was bullish a while ago?

I was when it was around 300 but after that redic 480 level was hit, I sold everything, even brought out coins from cold storage to sell & opened many many more shorts from the cash value... My mine farm can't seem to mint BTC any faster! Im trying to sell more before 300 gets tested again!!!