[ANN] [$PAC] [X11] Community Governed | Masternodes | Actively Trading

[suon199]

Fuck you all of dev team. Scammed billion dollar by offering redemption.  stop masternods reward, at first work for increasing price. Masternods reward making price down. do you thinking this. add $pac to different market. you guys forgot all of offered planing on white paper.

Join the class action lawsuit against pac

https://youtu.be/i49_qhMciuQ

kel-alt - Please, enough of this! Team could have posted more often but since they did officially
post once, you don't have a chance. If you had been doing 'due diligence' you would have
found the post. Link to official post page was on Reddit yesterday:
https://i.redd.it/vyvkg9s6qxj01.png
I remember reading it and last year I posted a similar comment on old PAC message place.
Now, suck it up, HODL, or better yet buy more $PAC like I did a couple days ago, and look
for 18x+ gains down the road!

pac price was gone at 2 set. do you know this. you guys scamm people so now you will say bulshit.

[suon199]

"Important note – please be very careful trading PAC against Bitcoin or BTC or coins with a higher valuation – please.  It is very sad how many stories I have gotten from people about this."

quote from the BLOG on Jan 2nd.
https://blog.paccoin.net/chapter-2-breaking-though/

You found it! Good job.
On the old website there was an even more evident warning on 'exchanges' section. I never understood why it was there but now it became obvious.
Anyone reading the December and January pages of the old post would find a lot of references.

You will see that they will not be interested in this anyway, they only look for an excuse to request a refund.
On my side I decided not to help anyone who does not respect efforts of others, or respond in a rude way only putting many fuck fucked fucking around.
We are not psychologists, we are not obliged to understand people who do not try to respect us.

after 2nd jan 2018 pac price,if some guys bought them in that time. Is there any thing wrong they did. but pac team scammed their billion usd. Team show up a scamming plan and people scammed by team. pac team scam peoples money and make support team like you guys to stop scammed peoples mouth. The team not working for price up. $pac price trying to be up. but those team and their supported guys making price down.


Jan 21, 2018   0.000110   0.000110   0.000095   0.000095   707,767   283,247,000
Jan 20, 2018   0.000107   0.000118   0.000105   0.000110   908,118   274,539,000
Jan 19, 2018   0.000111   0.000126   0.000096   0.000107   1,806,200   284,327,000
Jan 18, 2018   0.000084   0.000115   0.000081   0.000111   1,695,860   215,286,000
Jan 17, 2018   0.000073   0.000086   0.000068   0.000084   860,122   187,621,000
Jan 16, 2018   0.000108   0.000108   0.000063   0.000073   694,382   275,447,000
Jan 15, 2018   0.000111   0.000117   0.000108   0.000109   1,124,320   283,984,000
Jan 14, 2018   0.000121   0.000122   0.000106   0.000112   1,363,010   309,643,000
Jan 13, 2018   0.000127   0.000133   0.000122   0.000122   2,309,390   321,992,000
Jan 12, 2018   0.000120   0.000132   0.000116   0.000127   2,998,440   304,666,000
Jan 11, 2018   0.000137   0.000137   0.000112   0.000120   2,634,040   345,873,000
Jan 10, 2018   0.000146   0.000146   0.000126   0.000136   2,975,330   368,390,000
Jan 09, 2018   0.000151   0.000187   0.000144   0.000146   9,918,210   380,446,000
Jan 08, 2018   0.000316   0.000318   0.000144   0.000152   5,995,150   797,005,000
Jan 07, 2018   0.000175   0.000320   0.000157   0.000284   7,416,320   440,586,000
Jan 06, 2018   0.000214   0.000317   0.000169   0.000169   15,334,100535,717,000

[mcall]

"Important note – please be very careful trading PAC against Bitcoin or BTC or coins with a higher valuation – please.  It is very sad how many stories I have gotten from people about this."

quote from the BLOG on Jan 2nd.
https://blog.paccoin.net/chapter-2-breaking-though/

You found it! Good job.
On the old website there was an even more evident warning on 'exchanges' section. I never understood why it was there but now it became obvious.
Anyone reading the December and January pages of the old post would find a lot of references.

You will see that they will not be interested in this anyway, they only look for an excuse to request a refund.
On my side I decided not to help anyone who does not respect efforts of others, or respond in a rude way only putting many fuck fucked fucking around.
We are not psychologists, we are not obliged to understand people who do not try to respect us.


 after 2nd jan 2018 pac price,if some guys bought them in that time. Is there any thing wrong they did. but pac team scammed their billion usd. Team show up a scamming plan and people scammed by team. pac team scam peoples money and make support team like you guys to stop scammed peoples mouth. The team not working for price up. $pac price trying to be up. but those team and their supported guys making price down.


Jan 21, 2018   0.000110   0.000110   0.000095   0.000095   707,767   283,247,000
Jan 20, 2018   0.000107   0.000118   0.000105   0.000110   908,118   274,539,000
Jan 19, 2018   0.000111   0.000126   0.000096   0.000107   1,806,200   284,327,000
Jan 18, 2018   0.000084   0.000115   0.000081   0.000111   1,695,860   215,286,000
Jan 17, 2018   0.000073   0.000086   0.000068   0.000084   860,122   187,621,000
Jan 16, 2018   0.000108   0.000108   0.000063   0.000073   694,382   275,447,000
Jan 15, 2018   0.000111   0.000117   0.000108   0.000109   1,124,320   283,984,000
Jan 14, 2018   0.000121   0.000122   0.000106   0.000112   1,363,010   309,643,000
Jan 13, 2018   0.000127   0.000133   0.000122   0.000122   2,309,390   321,992,000
Jan 12, 2018   0.000120   0.000132   0.000116   0.000127   2,998,440   304,666,000
Jan 11, 2018   0.000137   0.000137   0.000112   0.000120   2,634,040   345,873,000
Jan 10, 2018   0.000146   0.000146   0.000126   0.000136   2,975,330   368,390,000
Jan 09, 2018   0.000151   0.000187   0.000144   0.000146   9,918,210   380,446,000
Jan 08, 2018   0.000316   0.000318   0.000144   0.000152   5,995,150   797,005,000
Jan 07, 2018   0.000175   0.000320   0.000157   0.000284   7,416,320   440,586,000
Jan 06, 2018   0.000214   0.000317   0.000169   0.000169   15,334,100535,717,000
[/quote]

I don't know what's the reason.But after 1:1000 swap, the price has fallen greatly.

[suon199]

"Important note – please be very careful trading PAC against Bitcoin or BTC or coins with a higher valuation – please.  It is very sad how many stories I have gotten from people about this."

quote from the BLOG on Jan 2nd.
https://blog.paccoin.net/chapter-2-breaking-though/

You found it! Good job.
On the old website there was an even more evident warning on 'exchanges' section. I never understood why it was there but now it became obvious.
Anyone reading the December and January pages of the old post would find a lot of references.

You will see that they will not be interested in this anyway, they only look for an excuse to request a refund.
On my side I decided not to help anyone who does not respect efforts of others, or respond in a rude way only putting many fuck fucked fucking around.
We are not psychologists, we are not obliged to understand people who do not try to respect us.


 after 2nd jan 2018 pac price,if some guys bought them in that time. Is there any thing wrong they did. but pac team scammed their billion usd. Team show up a scamming plan and people scammed by team. pac team scam peoples money and make support team like you guys to stop scammed peoples mouth. The team not working for price up. $pac price trying to be up. but those team and their supported guys making price down.


Jan 21, 2018   0.000110   0.000110   0.000095   0.000095   707,767   283,247,000
Jan 20, 2018   0.000107   0.000118   0.000105   0.000110   908,118   274,539,000
Jan 19, 2018   0.000111   0.000126   0.000096   0.000107   1,806,200   284,327,000
Jan 18, 2018   0.000084   0.000115   0.000081   0.000111   1,695,860   215,286,000
Jan 17, 2018   0.000073   0.000086   0.000068   0.000084   860,122   187,621,000
Jan 16, 2018   0.000108   0.000108   0.000063   0.000073   694,382   275,447,000
Jan 15, 2018   0.000111   0.000117   0.000108   0.000109   1,124,320   283,984,000
Jan 14, 2018   0.000121   0.000122   0.000106   0.000112   1,363,010   309,643,000
Jan 13, 2018   0.000127   0.000133   0.000122   0.000122   2,309,390   321,992,000
Jan 12, 2018   0.000120   0.000132   0.000116   0.000127   2,998,440   304,666,000
Jan 11, 2018   0.000137   0.000137   0.000112   0.000120   2,634,040   345,873,000
Jan 10, 2018   0.000146   0.000146   0.000126   0.000136   2,975,330   368,390,000
Jan 09, 2018   0.000151   0.000187   0.000144   0.000146   9,918,210   380,446,000
Jan 08, 2018   0.000316   0.000318   0.000144   0.000152   5,995,150   797,005,000
Jan 07, 2018   0.000175   0.000320   0.000157   0.000284   7,416,320   440,586,000
Jan 06, 2018   0.000214   0.000317   0.000169   0.000169   15,334,100535,717,000

I don't know what's the reason.But after 1:1000 swap, the price has fallen greatly.
[/quote]

 pac team and their supporting team just making price low and buy all $pac at low price, because they sold their old pac at 1 set to 2 set .

[Santibanes]

I believe in a new $PAC. And he again grows up after bitcoin. it is easy to pla :-*y in a growing market, and call yourself an experienced trader. but the depreciation of the course shows their real faces. If you've lost your investment, blame yourself and only. then this is not for you. who followed the posts of developers, he knows that they are protecting their investors, they are informed in time. $PAC is a valuable project and I do not regret that I have invested my funds because I am confident in the growth of the course in the near future

[GimoIng]

Just to clarify, I'm not part of the official support.

[Kaskas]

Yes I do I want to know this ,
If pac team knew cryptopia was in fact committing
Fraud by selling the same coin at two different prices why didn’t they
Demand cryptopia to stop ?
Why did they allow this to go on ?
Who started the btc/pac trade on cryptopia ?
Why didn’t the team at least try to force cryptopia to announce
Pac was selling for a much higher price using btc ??
Something just smells fishy I just can’t believe a responsible
Business team would allow their own investors to get
Screwed like this !!!!

You can't be serious? What country are you from? In the U.S some stores may sell some Jordans for 300.00 dollars, while other stores may sell the same pair for 150.00. You know what smart shoppers do? They look around, and they go and buy from the cheapest seller on the market.

This is the most stupid thing ever .
I can’t believe you compare shopping for clothes to
Trading in exchanges .
Selling the same coin for two different prices in the same
Exchange is fraudulent .
The only time it’s ok If the price difference is insignificant
But in the case of pac the price in btc was at least
10x higher .
So don’t be stupid this is definitely a case of  fraud

[suon199]

Just to clarify, I'm not part of the official support.

why did you going step back? previous days you recommended a lots.

[breakcrypto]

pac team and their supporting team just making price low and buy all $pac at low price, because they sold their old pac at 1 set to 2 set .

I can't help but feed the trolls, sorry everyone. You do realize in previous posts you accused the $PAC team of scamming people by raising the price and, in essence, encouraged people to avoid $PAC, drop their holdings, etc. -- which, of course, will likely lead a price to fall. And now, a few pages later you're accusing the magical $PAC team of causing the price to fall (which is exactly what people like you calling it a scam will do to anyone naive enough to believe you) and then buying it.

I'm just baffled. I'm pretty sure no matter what anyone says to you, you're just here to make trouble. That's all I can believe. I've come on here to let people know the $PAC team is still here to help but no matter what evidence you're shown, what proof you see, you just pick some random concept that confirms your bias and go with that.

Please research confidence bias and actually evaluate the facts. I know that's difficult for people on the internet but your statements are 100% inconsistent. If anyone is pushing the price down, it's people like you.

What benefit does a collapsing price have for $PAC -- we're the ones putting our time in to make $PAC functional?

best,
break.

[Kaskas]

pac team and their supporting team just making price low and buy all $pac at low price, because they sold their old pac at 1 set to 2 set .

I can't help but feed the trolls, sorry everyone. You do realize in previous posts you accused the $PAC team of scamming people by raising the price and, in essence, encouraged people to avoid $PAC, drop their holdings, etc. -- which, of course, will likely lead a price to fall. And now, a few pages later you're accusing the magical $PAC team of causing the price to fall (which is exactly what people like you calling it a scam will do to anyone naive enough to believe you) and then buying it.

I'm just baffled. I'm pretty sure no matter what anyone says to you, you're just here to make trouble. That's all I can believe. I've come on here to let people know the $PAC team is still here to help but no matter what evidence you're shown, what proof you see, you just pick some random concept that confirms your bias and go with that.

Please research confidence bias and actually evaluate the facts. I know that's difficult for people on the internet but your statements are 100% inconsistent. If anyone is pushing the price down, it's people like you.

What benefit does a collapsing price have for $PAC -- we're the ones putting our time in to make $PAC functional?

best,
break.

I’m sorry but you’re wrong ,
We aren’t here to spread fud as you claim .
We just want to know the reasons why we lost 90%
Of our investment .
all you do is blame investors , accuse them of spreading fud and of trolling !!
I’m just so sick of you guys asking us to research as if we haven’t !!!
The truth is this
Pac team knew cryptopia was screwing investors in the pac/btc
Market yet they did nothing to stop it .
So it’s normal for investors who lost money to question pac team intentions
Why didn’t they step in to protect their community?
Were they dumping their private stash of paccoin for btc ??
Were they benefiting?
I think they were

[suon199]

pac team and their supporting team just making price low and buy all $pac at low price, because they sold their old pac at 1 set to 2 set .

I can't help but feed the trolls, sorry everyone. You do realize in previous posts you accused the $PAC team of scamming people by raising the price and, in essence, encouraged people to avoid $PAC, drop their holdings, etc. -- which, of course, will likely lead a price to fall. And now, a few pages later you're accusing the magical $PAC team of causing the price to fall (which is exactly what people like you calling it a scam will do to anyone naive enough to believe you) and then buying it.

I'm just baffled. I'm pretty sure no matter what anyone says to you, you're just here to make trouble. That's all I can believe. I've come on here to let people know the $PAC team is still here to help but no matter what evidence you're shown, what proof you see, you just pick some random concept that confirms your bias and go with that.

Please research confidence bias and actually evaluate the facts. I know that's difficult for people on the internet but your statements are 100% inconsistent. If anyone is pushing the price down, it's people like you.

What benefit does a collapsing price have for $PAC -- we're the ones putting our time in to make $PAC functional?

best,
break.

Hello, do not blame others for your work. people are not made who bought at 1 - 2 set per old pac, they sell their $pac at 100 set or low. You guys who help dev team to scam peoples money, are working with dev team to down price. dev team and you guys selling your all of free $pac those got from dev team for helping, and also masternodes owner working for price down.

price increase if you guys not selling yours free $pac, If you guys work with dev team to add $pac on different market. Because still people have interest on $pac. it is 35 days gone started $pac. but till now, you guys can't add $pac to any new market.

You guys just here for taking your profit.

[breakcrypto]

Yes I do I want to know this ,
If pac team knew cryptopia was in fact committing
Fraud by selling the same coin at two different prices why didn’t they
Demand cryptopia to stop ?
Why did they allow this to go on ?
Who started the btc/pac trade on cryptopia ?
Why didn’t the team at least try to force cryptopia to announce
Pac was selling for a much higher price using btc ??
Something just smells fishy I just can’t believe a responsible
Business team would allow their own investors to get
Screwed like this !!!!

You can't be serious? What country are you from? In the U.S some stores may sell some Jordans for 300.00 dollars, while other stores may sell the same pair for 150.00. You know what smart shoppers do? They look around, and they go and buy from the cheapest seller on the market.

This is the most stupid thing ever .
I can’t believe you compare shopping for clothes to
Trading in exchanges .
Selling the same coin for two different prices in the same
Exchange is fraudulent .
The only time it’s ok If the price difference is insignificant
But in the case of pac the price in btc was at least
10x higher .
So don’t be stupid this is definitely a case of  fraud

I've seen your posts and I've tried to avoid responding but now you're calling people stupid who are trying to reason with you. If you'd like to have a discussion, fine, but if you're just here to engage in name calling and attempting to validate your own twisted opinion of things, then I feel I need to respond. As always, let me be clear: I wasn't on the $PAC team when all this happened but the market dynamics are universal.

There's no offense intended. but your statements of fraud are 100% inaccurate and only lead me to believe you aren't well versed in financial markets. Financial markets are often out of sync, even on the same exchanges. There's an entire industry called arbitrage ( https://www.investopedia.com/terms/a/arbitrage.asp ) and beyond that high-frequency trading ( https://www.investopedia.com/ask/answers/09/high-frequency-trading.asp ) that attempts to make gains by balancing those differences between exchanges. This is common on all markets and is part of how they actually work, the exchanges don't balance things, the market does.

I saw the spike in PAC and watched the market that day, I saw plenty of exchanges on other markets being moved over to Cryptopia for exactly that reason. People were arbitraging the exchanges. That's how efficient markets ( https://www.investopedia.com/ask/answers/032615/what-are-differences-between-weak-strong-and-semistrong-versions-efficient-market-hypothesis.asp ) work: when there's a price gap market makers move in and balance.

In regards to PAC, as plenty of people have stated, but for some reason plenty of people can't grasp: Cryptopia closed all of their LTC and DOGE pairs due to technical reasons. They didn't close just PAC, they closed all of them. This resulted in the lowest price for purchase on Cryptopia being 1 sat. The reason it was 1 sat is because Bitcoin only supports 8 points of precision ( https://bitcoin.stackexchange.com/questions/31933/why-is-bitcoin-defined-as-having-8-decimal-places ). You can't break a bitcoin down into a unit smaller than a single satoshi; instead, you have to use a coin of lower value and break that into smaller amounts.

Due to the markets closing, people made inefficient trades on Crytpoia (see above). They were perfectly valid trades, they were simply inefficient. I wasn't involved in $PAC at all at the time but it was easy enough to identify what the issue was. Coinmarketcap clearly showed that exchanges out of sync and Cryptopia was transparent about their closing of the LTC and DOGE pairs.

To sum up: markets are inefficient by nature. Two exchanges are inefficient, pairs between exchanges are inefficient. For example, right now there are price differences (on the same exchanges!) between trading pairs even for $PAC. That's true for BTC, LTC, ETH, etc. Pick any market that's traded in more than one place and there's a price difference. Differences in prices are not fraud, they're simply fact.

So, please read what is above, educate yourself further on markets, and then if you feel the need to comment, please do and if I can provide further information I'll do my best to do so -- as I always have. But simply claiming things are fraud and scams is a waste of everyone's time. Especially when the fraud you're alleging is a universal feature of all markets that anyone with a cursory understanding of market dynamics comprehends.

best,
break.

[GimoIng]

I've seen your posts and I've tried to avoid responding but now you're calling people stupid who are trying to reason with you. If you'd like to have a discussion, fine, but if you're just here to engage in name calling and attempting to validate your own twisted opinion of things, then I feel I need to respond. As always, let me be clear: I wasn't on the $PAC team when all this happened but the market dynamics are universal.

There's no offense intended. but your statements of fraud are 100% inaccurate and only lead me to believe you aren't well versed in financial markets. Financial markets are often out of sync, even on the same exchanges. There's an entire industry called arbitrage ( https://www.investopedia.com/terms/a/arbitrage.asp ) and beyond that high-frequency trading ( https://www.investopedia.com/ask/answers/09/high-frequency-trading.asp ) that attempts to make gains by balancing those differences between exchanges. This is common on all markets and is part of how they actually work, the exchanges don't balance things, the market does.

I saw the spike in PAC and watched the market that day, I saw plenty of exchanges on other markets being moved over to Cryptopia for exactly that reason. People were arbitraging the exchanges. That's how efficient markets ( https://www.investopedia.com/ask/answers/032615/what-are-differences-between-weak-strong-and-semistrong-versions-efficient-market-hypothesis.asp ) work: when there's a price gap market makers move in and balance.

In regards to PAC, as plenty of people have stated, but for some reason plenty of people can't grasp: Cryptopia closed all of their LTC and DOGE pairs due to technical reasons. They didn't close just PAC, they closed all of them. This resulted in the lowest price for purchase on Cryptopia being 1 sat. The reason it was 1 sat is because Bitcoin only supports 8 points of precision ( https://bitcoin.stackexchange.com/questions/31933/why-is-bitcoin-defined-as-having-8-decimal-places ). You can't break a bitcoin down into a unit smaller than a single satoshi; instead, you have to use a coin of lower value and break that into smaller amounts.

Due to the markets closing, people made inefficient trades on Crytpoia (see above). They were perfectly valid trades, they were simply inefficient. I wasn't involved in $PAC at all at the time but it was easy enough to identify what the issue was. Coinmarketcap clearly showed that exchanges out of sync and Cryptopia was transparent about their closing of the LTC and DOGE pairs.

To sum up: markets are inefficient by nature. Two exchanges are inefficient, pairs between exchanges are inefficient. For example, right now there are price differences (on the same exchanges!) between trading pairs even for $PAC. That's true for BTC, LTC, ETH, etc. Pick any market that's traded in more than one place and there's a price difference. Differences in prices are not fraud, they're simply fact.

So, please read what is above, educate yourself further on markets, and then if you feel the need to comment, please do and if I can provide further information I'll do my best to do so -- as I always have. But simply claiming things are fraud and scams is a waste of everyone's time. Especially when the fraud you're alleging is a universal feature of all markets that anyone with a cursory understanding of market dynamics comprehends.

best,
break.

Sorry Break, coinmarketcap never put other exchanges out of sync except for a few hours, Cryptopia volumes were so high compared to the others that weighted average showed a price very close to that of Cryptopia.
In this the $PAC team could not do anything unless teach everyone how an weighted average works.
I personally bought 20 million PacCoin @1 sat price when they were climbing to 2!

[breakcrypto]

I've seen your posts and I've tried to avoid responding but now you're calling people stupid who are trying to reason with you. If you'd like to have a discussion, fine, but if you're just here to engage in name calling and attempting to validate your own twisted opinion of things, then I feel I need to respond. As always, let me be clear: I wasn't on the $PAC team when all this happened but the market dynamics are universal.

There's no offense intended. but your statements of fraud are 100% inaccurate and only lead me to believe you aren't well versed in financial markets. Financial markets are often out of sync, even on the same exchanges. There's an entire industry called arbitrage ( https://www.investopedia.com/terms/a/arbitrage.asp ) and beyond that high-frequency trading ( https://www.investopedia.com/ask/answers/09/high-frequency-trading.asp ) that attempts to make gains by balancing those differences between exchanges. This is common on all markets and is part of how they actually work, the exchanges don't balance things, the market does.

I saw the spike in PAC and watched the market that day, I saw plenty of exchanges on other markets being moved over to Cryptopia for exactly that reason. People were arbitraging the exchanges. That's how efficient markets ( https://www.investopedia.com/ask/answers/032615/what-are-differences-between-weak-strong-and-semistrong-versions-efficient-market-hypothesis.asp ) work: when there's a price gap market makers move in and balance.

In regards to PAC, as plenty of people have stated, but for some reason plenty of people can't grasp: Cryptopia closed all of their LTC and DOGE pairs due to technical reasons. They didn't close just PAC, they closed all of them. This resulted in the lowest price for purchase on Cryptopia being 1 sat. The reason it was 1 sat is because Bitcoin only supports 8 points of precision ( https://bitcoin.stackexchange.com/questions/31933/why-is-bitcoin-defined-as-having-8-decimal-places ). You can't break a bitcoin down into a unit smaller than a single satoshi; instead, you have to use a coin of lower value and break that into smaller amounts.

Due to the markets closing, people made inefficient trades on Crytpoia (see above). They were perfectly valid trades, they were simply inefficient. I wasn't involved in $PAC at all at the time but it was easy enough to identify what the issue was. Coinmarketcap clearly showed that exchanges out of sync and Cryptopia was transparent about their closing of the LTC and DOGE pairs.

To sum up: markets are inefficient by nature. Two exchanges are inefficient, pairs between exchanges are inefficient. For example, right now there are price differences (on the same exchanges!) between trading pairs even for $PAC. That's true for BTC, LTC, ETH, etc. Pick any market that's traded in more than one place and there's a price difference. Differences in prices are not fraud, they're simply fact.

So, please read what is above, educate yourself further on markets, and then if you feel the need to comment, please do and if I can provide further information I'll do my best to do so -- as I always have. But simply claiming things are fraud and scams is a waste of everyone's time. Especially when the fraud you're alleging is a universal feature of all markets that anyone with a cursory understanding of market dynamics comprehends.

best,
break.

Sorry Break, coinmarketcap never put other exchanges out of sync except for a few hours, Cryptopia volumes were so high compared to the others that weighted average showed a price very close to that of Cryptopia.
In this the $PAC team could not do anything unless teach everyone how an weighted average works.
I personally bought 20 million PacCoin @1 sat price when they were climbing to 2!

Yeah, I never look at the averaged price, I check the raw exchange numbers -- always, for exactly that reason. One exchange with crazy volume can wash out the rest with mis-information.

[suon199]

I've seen your posts and I've tried to avoid responding but now you're calling people stupid who are trying to reason with you. If you'd like to have a discussion, fine, but if you're just here to engage in name calling and attempting to validate your own twisted opinion of things, then I feel I need to respond. As always, let me be clear: I wasn't on the $PAC team when all this happened but the market dynamics are universal.

There's no offense intended. but your statements of fraud are 100% inaccurate and only lead me to believe you aren't well versed in financial markets. Financial markets are often out of sync, even on the same exchanges. There's an entire industry called arbitrage ( https://www.investopedia.com/terms/a/arbitrage.asp ) and beyond that high-frequency trading ( https://www.investopedia.com/ask/answers/09/high-frequency-trading.asp ) that attempts to make gains by balancing those differences between exchanges. This is common on all markets and is part of how they actually work, the exchanges don't balance things, the market does.

I saw the spike in PAC and watched the market that day, I saw plenty of exchanges on other markets being moved over to Cryptopia for exactly that reason. People were arbitraging the exchanges. That's how efficient markets ( https://www.investopedia.com/ask/answers/032615/what-are-differences-between-weak-strong-and-semistrong-versions-efficient-market-hypothesis.asp ) work: when there's a price gap market makers move in and balance.

In regards to PAC, as plenty of people have stated, but for some reason plenty of people can't grasp: Cryptopia closed all of their LTC and DOGE pairs due to technical reasons. They didn't close just PAC, they closed all of them. This resulted in the lowest price for purchase on Cryptopia being 1 sat. The reason it was 1 sat is because Bitcoin only supports 8 points of precision ( https://bitcoin.stackexchange.com/questions/31933/why-is-bitcoin-defined-as-having-8-decimal-places ). You can't break a bitcoin down into a unit smaller than a single satoshi; instead, you have to use a coin of lower value and break that into smaller amounts.

Due to the markets closing, people made inefficient trades on Crytpoia (see above). They were perfectly valid trades, they were simply inefficient. I wasn't involved in $PAC at all at the time but it was easy enough to identify what the issue was. Coinmarketcap clearly showed that exchanges out of sync and Cryptopia was transparent about their closing of the LTC and DOGE pairs.

To sum up: markets are inefficient by nature. Two exchanges are inefficient, pairs between exchanges are inefficient. For example, right now there are price differences (on the same exchanges!) between trading pairs even for $PAC. That's true for BTC, LTC, ETH, etc. Pick any market that's traded in more than one place and there's a price difference. Differences in prices are not fraud, they're simply fact.

So, please read what is above, educate yourself further on markets, and then if you feel the need to comment, please do and if I can provide further information I'll do my best to do so -- as I always have. But simply claiming things are fraud and scams is a waste of everyone's time. Especially when the fraud you're alleging is a universal feature of all markets that anyone with a cursory understanding of market dynamics comprehends.

best,
break.

I bought 5.4 Billion old PacCoin by 34 BTC total when they were climbing to 2.

[Pacinsanity]

I bought 5.4 Billion old PacCoin by 34 BTC total when they were climbing to 2.

[/quote]

WOW so if I am correct. You must have 11 (possibly more) masternodes currently paying $62 each every 3 days or less.

That is like $7,000 a month at these current low rates and your coins never go down in numbers so if the prices rise then WOW.. crazy numbers

I wouldn't be worried at the current price it has to go up with all the coins being taken out of circulation and invested into more masternodes.

Fair play to you man that is a very wise investment. I wish I had them pumping out free coins at a phenomenal rate.

Nice one.

[Pacinsanity]

I bought 5.4 Billion old PacCoin by 34 BTC total when they were climbing to 2.

WOW so if I am correct. You must have 11 (possibly more) masternodes currently paying $62 each every 3 days or less.

That is like $7,000 a month at these current low rates and your coins never go down in numbers so if the prices rise then WOW.. crazy numbers

I wouldn't be worried at the current price it has to go up with all the coins being taken out of circulation and invested into more masternodes.

Fair play to you man that is a very wise investment. I wish I had them pumping out free coins at a phenomenal rate.

Nice one.
[/quote]

WTF like only last week you must have been getting like $2200 every 2 days.

That is crazy

How long have you had your masternodes up and running?

[kel-alt]

I've seen your posts and I've tried to avoid responding but now you're calling people stupid who are trying to reason with you. If you'd like to have a discussion, fine, but if you're just here to engage in name calling and attempting to validate your own twisted opinion of things, then I feel I need to respond. As always, let me be clear: I wasn't on the $PAC team when all this happened but the market dynamics are universal.

There's no offense intended. but your statements of fraud are 100% inaccurate and only lead me to believe you aren't well versed in financial markets. Financial markets are often out of sync, even on the same exchanges. There's an entire industry called arbitrage ( https://www.investopedia.com/terms/a/arbitrage.asp ) and beyond that high-frequency trading ( https://www.investopedia.com/ask/answers/09/high-frequency-trading.asp ) that attempts to make gains by balancing those differences between exchanges. This is common on all markets and is part of how they actually work, the exchanges don't balance things, the market does.

I saw the spike in PAC and watched the market that day, I saw plenty of exchanges on other markets being moved over to Cryptopia for exactly that reason. People were arbitraging the exchanges. That's how efficient markets ( https://www.investopedia.com/ask/answers/032615/what-are-differences-between-weak-strong-and-semistrong-versions-efficient-market-hypothesis.asp ) work: when there's a price gap market makers move in and balance.

In regards to PAC, as plenty of people have stated, but for some reason plenty of people can't grasp: Cryptopia closed all of their LTC and DOGE pairs due to technical reasons. They didn't close just PAC, they closed all of them. This resulted in the lowest price for purchase on Cryptopia being 1 sat. The reason it was 1 sat is because Bitcoin only supports 8 points of precision ( https://bitcoin.stackexchange.com/questions/31933/why-is-bitcoin-defined-as-having-8-decimal-places ). You can't break a bitcoin down into a unit smaller than a single satoshi; instead, you have to use a coin of lower value and break that into smaller amounts.

Due to the markets closing, people made inefficient trades on Crytpoia (see above). They were perfectly valid trades, they were simply inefficient. I wasn't involved in $PAC at all at the time but it was easy enough to identify what the issue was. Coinmarketcap clearly showed that exchanges out of sync and Cryptopia was transparent about their closing of the LTC and DOGE pairs.

To sum up: markets are inefficient by nature. Two exchanges are inefficient, pairs between exchanges are inefficient. For example, right now there are price differences (on the same exchanges!) between trading pairs even for $PAC. That's true for BTC, LTC, ETH, etc. Pick any market that's traded in more than one place and there's a price difference. Differences in prices are not fraud, they're simply fact.

So, please read what is above, educate yourself further on markets, and then if you feel the need to comment, please do and if I can provide further information I'll do my best to do so -- as I always have. But simply claiming things are fraud and scams is a waste of everyone's time. Especially when the fraud you're alleging is a universal feature of all markets that anyone with a cursory understanding of market dynamics comprehends.

best,
break.

I bought 5.4 Billion old PacCoin by 34 BTC total when they were climbing to 2.

kel-alt - I am not sure what point you are trying to make.
Putting 34 BTC on one coin is beyond my comprehension and way beyond my means.
I would guess you bought 1000s of BTC at $100 or less so you can throw them around
without much worry. I am hoping this is, for now, the worst trade decision you ever made.
You have to sleep in the bed you made. Two choices, sell and take the loss, or HODL.
I am really having trouble putting myself in your shoes. Every investor has their own style,
what their bankroll is, and how they weigh risk. To repeat, I do not understand your style at all.
Anyone in crypto has experienced huge losses. So far the gains on good trades/investments
in the market as a whole have made losses look small in hindsight. Best of luck to you.
I hope you have 10x gain on $PAC at some point which would give you an astounding 340 BTC!
 

[LunarSeventh]

I've seen your posts and I've tried to avoid responding but now you're calling people stupid who are trying to reason with you. If you'd like to have a discussion, fine, but if you're just here to engage in name calling and attempting to validate your own twisted opinion of things, then I feel I need to respond. As always, let me be clear: I wasn't on the $PAC team when all this happened but the market dynamics are universal.

There's no offense intended. but your statements of fraud are 100% inaccurate and only lead me to believe you aren't well versed in financial markets. Financial markets are often out of sync, even on the same exchanges. There's an entire industry called arbitrage ( https://www.investopedia.com/terms/a/arbitrage.asp ) and beyond that high-frequency trading ( https://www.investopedia.com/ask/answers/09/high-frequency-trading.asp ) that attempts to make gains by balancing those differences between exchanges. This is common on all markets and is part of how they actually work, the exchanges don't balance things, the market does.

I saw the spike in PAC and watched the market that day, I saw plenty of exchanges on other markets being moved over to Cryptopia for exactly that reason. People were arbitraging the exchanges. That's how efficient markets ( https://www.investopedia.com/ask/answers/032615/what-are-differences-between-weak-strong-and-semistrong-versions-efficient-market-hypothesis.asp ) work: when there's a price gap market makers move in and balance.

In regards to PAC, as plenty of people have stated, but for some reason plenty of people can't grasp: Cryptopia closed all of their LTC and DOGE pairs due to technical reasons. They didn't close just PAC, they closed all of them. This resulted in the lowest price for purchase on Cryptopia being 1 sat. The reason it was 1 sat is because Bitcoin only supports 8 points of precision ( https://bitcoin.stackexchange.com/questions/31933/why-is-bitcoin-defined-as-having-8-decimal-places ). You can't break a bitcoin down into a unit smaller than a single satoshi; instead, you have to use a coin of lower value and break that into smaller amounts.

Due to the markets closing, people made inefficient trades on Crytpoia (see above). They were perfectly valid trades, they were simply inefficient. I wasn't involved in $PAC at all at the time but it was easy enough to identify what the issue was. Coinmarketcap clearly showed that exchanges out of sync and Cryptopia was transparent about their closing of the LTC and DOGE pairs.

To sum up: markets are inefficient by nature. Two exchanges are inefficient, pairs between exchanges are inefficient. For example, right now there are price differences (on the same exchanges!) between trading pairs even for $PAC. That's true for BTC, LTC, ETH, etc. Pick any market that's traded in more than one place and there's a price difference. Differences in prices are not fraud, they're simply fact.

So, please read what is above, educate yourself further on markets, and then if you feel the need to comment, please do and if I can provide further information I'll do my best to do so -- as I always have. But simply claiming things are fraud and scams is a waste of everyone's time. Especially when the fraud you're alleging is a universal feature of all markets that anyone with a cursory understanding of market dynamics comprehends.

best,
break.

Sorry Break, coinmarketcap never put other exchanges out of sync except for a few hours, Cryptopia volumes were so high compared to the others that weighted average showed a price very close to that of Cryptopia.
In this the $PAC team could not do anything unless teach everyone how an weighted average works.
I personally bought 20 million PacCoin @1 sat price when they were climbing to 2!

So thanks guys, for all this. I have been reading and taking time to watch the videos posted in this and other threads. I have to be honest my conviction of everyone being a scammer was incorrect. I would like to apologize to all that felt offended by that.

I have been watching Abiel Ruiz' video and this cleared much up for me. I am going to be prompt here, i have bought at a wrong moment on the wrong exchange. You were all right, i didn't feel right losing money over night and it pissed me off but i see now it was my own mistake not the one of the pac team.

After seeing the new PAC Wallet app that's to be released soon i have decided to buy pac at the right moment, and bought pac coin against the current low price. I hope this coin will be awesome and my faith in this project is restored.

I'm sorry for the fudding, but i felt the team let me down. Fortunately thats now all in the past.

[mikeymellow]

Yes I do I want to know this ,
If pac team knew cryptopia was in fact committing
Fraud by selling the same coin at two different prices why didn’t they
Demand cryptopia to stop ?
Why did they allow this to go on ?
Who started the btc/pac trade on cryptopia ?
Why didn’t the team at least try to force cryptopia to announce
Pac was selling for a much higher price using btc ??
Something just smells fishy I just can’t believe a responsible
Business team would allow their own investors to get
Screwed like this !!!!

You can't be serious? What country are you from? In the U.S some stores may sell some Jordans for 300.00 dollars, while other stores may sell the same pair for 150.00. You know what smart shoppers do? They look around, and they go and buy from the cheapest seller on the market.

This is the most stupid thing ever .
I can’t believe you compare shopping for clothes to
Trading in exchanges .
Selling the same coin for two different prices in the same
Exchange is fraudulent .
The only time it’s ok If the price difference is insignificant
But in the case of pac the price in btc was at least
10x higher .
So don’t be stupid this is definitely a case of  fraud

says the fool who lost money. They sold the same coin for different prices per the different base currencies. Learn to read and comprehend before coming on the internet showing your stupidity.