GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :)

[jackbox]

hi all ,

I ve been away for little time . tryied to read all the post but it's confusing .

They were supposed to convert hashpoint to paycoin  , but so far my account on zenpool still show hashpoint . I know it has been delayed but he date of the ICO is still the same here : https://paycoin.com/ico
Some news about that ??

what about the primes ?? i saw price are going up on the market , why ?

I red something about an offer to convert prime to the new miner for paycoin . or do they use prime to mine paycoin ?

I'm kind of lost here

Haspoint to PayCoin conversion has been postponed till the end of Round 2, which would be December 4. They did not update the official timeline. Primes went up because of the PayBase announcement (PayBase is a sort of a PayPal+CoinBase hybrid, a payment processor). Primes will gain some new features, which we are still trying to figure out, the whole HashStaker thing is confusing, but Primes are supposed to be able to do the same thing as the HashStaker.

Thanks for the answer .

I bought some hashstaker (  just in case it's not a complete waste, you know the saying better remorse than regrets )

here is what the detailled wallet says :
Billing Info

Start Date
N/A
Daily Cost
N/A
Wallet Info

Your wallet address will appear here when this HashStaker is activated



Question is : does the countdown  start now or when the wallet is activated ?

Better money thrown into a toilet and flushed then kept in the pocket or bank?

[suchmoon]

This is from the forum post.

Let me make this absolutely crystal clear. GAW’s entire Paycoin Prime Controller stake rate will be owned by, and distributed to HashStaker owners. And, since Prime Controllers go back into bidding every six months, HashStakers will work on a 6-month round system, which lock-in their rates for that entire period.

This means your profitability is guaranteed for the entire duration that your HashStaker is active. Not everyone can own a HashStaker, but everyone who owns one will be profitable.

Round One Start Date: Mid-December
Round One estimated payout: Between .0075 and .01 Paycoins per day

These numbers are based on our mining and investments made thus far in the ICO. We will declare the final number once the round begins.

Thank you. So a 6-month staker should make 1.35 PayCoin or more. Does this look like ICO Round 3 in disguise? You're paying fiat or BTC for some future PayCoin revenue.

It would be interesting to see if someone could come up with the projected inflation rate for PayCoin based on these staking numbers. Looks like up to 50% of all coins (~6 million?) can earn up to 300% () APY, if I'm understanding this Prime Controller stuff correctly, which I'm probably not, because Friday.

[bitpop]

Didn't these idiots begin by mining Bitcoin and now all their money is going into shitcoin. So they just turned their back on Bitcoin? Good riddance. If they had any commitment their greed wouldn't take over and make them lose everything.

[ZiG]

so basically, you take a bet on whether GAW will still exist for another 3 or 6 months, and if you're right, you get paycoin "dividends", and if not, you lose everything. Clever!

+1 ...

What if MtGAW "expires" in between 3 to 6 months...

ZiG

[jackbox]

@CryptoApparel - Your flowchart is perfect. Well done.  

[wajiminer]

no the countdown (3 or 6 months) starts when the round starts.  They will announce the stake rate the day before and you will have 24 hours to decide if you would like a refund.  Also keep in mind you have to have paycoin to put into the wallet for it to stake.

[raskul]

no the countdown (3 or 6 months) starts when the round starts.  They will announce the stake rate the day before and you will have 24 hours to decide if you would like a refund.  Also keep in mind you have to have paycoin to put into the wallet for it to stake.

premine preorder premature ejaculation.

[wdl1908]

This is from the forum post.

Let me make this absolutely crystal clear. GAW’s entire Paycoin Prime Controller stake rate will be owned by, and distributed to HashStaker owners. And, since Prime Controllers go back into bidding every six months, HashStakers will work on a 6-month round system, which lock-in their rates for that entire period.

This means your profitability is guaranteed for the entire duration that your HashStaker is active. Not everyone can own a HashStaker, but everyone who owns one will be profitable.

Round One Start Date: Mid-December
Round One estimated payout: Between .0075 and .01 Paycoins per day

These numbers are based on our mining and investments made thus far in the ICO. We will declare the final number once the round begins.

Thank you. So a 6-month staker should make 1.35 PayCoin or more. Does this look like ICO Round 3 in disguise? You're paying fiat or BTC for some future PayCoin revenue.

It would be interesting to see if someone could come up with the projected inflation rate for PayCoin based on these staking numbers. Looks like up to 50% of all coins (~6 million?) can earn up to 300% () APY, if I'm understanding this Prime Controller stuff correctly, which I'm probably not, because Friday.

Have not done the calculations but I think you are close with the 300% APY

[suchmoon]

no the countdown (3 or 6 months) starts when the round starts.  They will announce the stake rate the day before and you will have 24 hours to decide if you would like a refund.  Also keep in mind you have to have paycoin to put into the wallet for it to stake.

Right. So this is how we're going to avoid a massive dump. Offer 200-300% interest rate or whatever it's going to be, but also charge for renting the wallet. How could that sound even remotely possible to anyone?

[wdl1908]

no the countdown (3 or 6 months) starts when the round starts.  They will announce the stake rate the day before and you will have 24 hours to decide if you would like a refund.  Also keep in mind you have to have paycoin to put into the wallet for it to stake.

Right. So this is how we're going to avoid a massive dump. Offer 200-300% interest rate or whatever it's going to be, but also charge for renting the wallet. How could that sound even remotely possible to anyone?

You buy the wallet (staker) once and you can keep reloading it every 3 or 6 months.

[ZiG]

hi all ,

I ve been away for little time . tryied to read all the post but it's confusing .

They were supposed to convert hashpoint to paycoin  , but so far my account on zenpool still show hashpoint . I know it has been delayed but he date of the ICO is still the same here : https://paycoin.com/ico
Some news about that ??

what about the primes ?? i saw price are going up on the market , why ?

I red something about an offer to convert prime to the new miner for paycoin . or do they use prime to mine paycoin ?

I'm kind of lost here

Haspoint to PayCoin conversion has been postponed till the end of Round 2, which would be December 4. They did not update the official timeline. Primes went up because of the PayBase announcement (PayBase is a sort of a PayPal+CoinBase hybrid, a payment processor). Primes will gain some new features, which we are still trying to figure out, the whole HashStaker thing is confusing, but Primes are supposed to be able to do the same thing as the HashStaker.

Thanks for the answer .

I bought some hashstaker (  just in case it's not a complete waste, you know the saying better remorse than regrets )

here is what the detailled wallet says :
Billing Info

Start Date
N/A
Daily Cost
N/A
Wallet Info

Your wallet address will appear here when this HashStaker is activated



Question is : does the countdown  start now or when the wallet is activated ?

congratulations, you just funded a pre-mine, pre-order, premature ejaculation.

LOL...it is funny...

...and you are completely CORRECT ... " ...congratulations, you just funded a pre-mine, pre-order, premature  Josh Garza/GAW's ejaculation..." ...Black Friday "DEAL"...

ZiG

[chmick]

congratulations, you just funded a pre-mine, pre-order, premature ejaculation.

Thanks for your congrats . It reminds me the posts some wrote when I bought my primes at 16$ . Like a humorist said once . As long as i win ,  i'll play .

Let's see if I win again . that's part of the game , there is a risk . When I see the price of the prime going up , I assume I'm not the only thinking this.

[suchmoon]

You buy the wallet (staker) once and you can keep reloading it every 3 or 6 months.

Are you sure about that? Can you quote which part of this: http://pastebin.com/jb96iVhe indicates that?

All I'm reading says it "expires".

[raskul]

congratulations, you just funded a pre-mine, pre-order, premature ejaculation.

Thanks for your congrats . It reminds me the posts some wrote when I bought my primes at 16$ . Like a humorist said once . As long as i win ,  i'll play .

Let's see if I win again . that's part of the game , there is a risk . When I see the price of the prime going up , I assume I'm not the only thinking this.

herein lies the problem, of course you are not the only one thinking, and acting in this way.
but look at it this way... there is always a saturation point... you (and the rest of the deluded) are going to continue buying and selling from each other and that is where the long scam perpetuates.

the rest of the world are not going to adopt this. it's going to go as every other alt goes... once it hits a toy exchange, a big toy whale is gonna come gobble you up while the rest of the world continue with the bitcoin roller-coaster.

inevitability is such a harsh word when you think that life is a game.

[jackbox]

You buy the wallet (staker) once and you can keep reloading it every 3 or 6 months.

Are you sure about that? Can you quote which part of this: http://pastebin.com/jb96iVhe indicates that?

All I'm reading says it "expires".

I agree with you. What I am getting from the post is that they expire and you will have to buy them again.

[wdl1908]

You buy the wallet (staker) once and you can keep reloading it every 3 or 6 months.

Are you sure about that? Can you quote which part of this: http://pastebin.com/jb96iVhe indicates that?

All I'm reading says it "expires".

I think that is a mistake well I hope it's a mistake. Because one of the other things is that you will be able to sell them. So how can you sell something that expires.

[raskul]

so basically, you take a bet on whether GAW will still exist for another 3 or 6 months, and if you're right, you get paycoin "dividends", and if not, you lose everything. Clever!

That's how the crypto businesses are run.

i despair that people now think that this is the norm.
perhaps it is, but it's only the norm for those who let it.

[jackbox]

You buy the wallet (staker) once and you can keep reloading it every 3 or 6 months.

Are you sure about that? Can you quote which part of this: http://pastebin.com/jb96iVhe indicates that?

All I'm reading says it "expires".

I think that is a mistake well I hope it's a mistake. Because one of the other things is that you will be able to sell them. So how can you sell something that expires.

You sell them for the remaining time of the three or six month period.

[wajiminer]

yup they expire.. you can sell them because the money (paycoin) is locked once you put it into the wallet, plus the remaining interest left, so people will buy.. Kind of like selling an annuity early for cash, you'll end up losing money buy you get it right away.

At a rate of .0075 to .01 per coin/day it's profitable at 9.95 each assuming the price of paycoin/usd stays up and doesnt crash

[raskul]

...assuming the price of paycoin/usd stays up and doesnt crash

 

because most shitcoins stay stable and don't crash in price, right?
look at historical data on new shitcoins.. no matter how much new innovation is put in by the developers, people will ALWAYS want to get out with BITCOIN.
this is going to be no different.