suchmoon (OP)
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Activity: 3892
Merit: 9108
https://bpip.org
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December 04, 2014, 03:55:57 AM |
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So if I'm reading tonight's announcement correctly, PayCoin POW stage is going to be the same old HashPoint Pool, i.e. only mineable by hashlets? Which then will be coerced to upgrade to HashStakers and disappear 3-6 months later. Unless you want to stick with the pools paying 1 satoshi. Did they say anything about outside mining, source code, public blockchain during the Q&A? I can't access the video on my stupid roaming ATM  Trying to figure out if PayCoin is or is going to be an actual coin or not. |
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zerocoder
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December 04, 2014, 03:59:42 AM |
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After the announcement, people buying like crazy. Profit, need more more more  I need more machine for btc mining |
"Break the Big Banks" - http://BERN.cash - #NotMeUS #rEVOLution BERN BRpJhL4VVsJPwVnHc26iqG3kxxKtF6UEFo |
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TheIZS
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December 04, 2014, 04:01:45 AM |
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So let me get this straight, GAW will be the first crypto bank/treasury?  ? Somebody smarter than me will need to sort the nuts and bolts. Hashstaker=CD or short term bonds? |
1KRuaLy9R7r328m2H67xxnJ8QeAbvCDe6C
Mr. GARBOZO you lost your bet pay up 100BTC
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Meanotor
Member
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Activity: 64
Merit: 10
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December 04, 2014, 04:02:52 AM |
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the best way to screw them is to keep solos as they are, it will cost them more in admin to keep paying the one satoshi.
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Snipe85
Sr. Member
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Activity: 756
Merit: 250
Infleum
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December 04, 2014, 04:03:19 AM |
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What I take away from this is:
- GAW is getting out of mining
- GAW actually has investors other than his dad-in-law involved now that have devised this partnerships with banks idea
So you LTCGear shills are behind this "father in law" fud? Lol One shitty cloud mining trying to look better than the other by making up storries. Very crypto much wow  I promise you I am pulling every record know to man on the fact and we will see who is telling the truth in this matter. Give me some time So you're still thinking Stu Fraser is his wife's dad? Hah in that case the only thing you'll be pulling is pants |
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cryptofunk
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December 04, 2014, 04:03:38 AM |
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Is it me or the Q&A felt a little juvenile? I wonder if two of the participants were old enough to actually have Hashbase accounts (since you'll have to be 18).. lol
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zerocoder
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December 04, 2014, 04:03:47 AM |
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the best way to screw them is to keep solos as they are, it will cost them more in admin to keep paying the one satoshi.
Yes, the best way to make yourself screwed is holding them Their price are increasing as well |
"Break the Big Banks" - http://BERN.cash - #NotMeUS #rEVOLution BERN BRpJhL4VVsJPwVnHc26iqG3kxxKtF6UEFo |
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bitcoinnoisseur
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December 04, 2014, 04:09:05 AM |
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I have slept much easier since I dumped everything I had at GAW over a month ago. It was the best decision I've made in awhile. It was not about the money. It was about peace of mind.
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MinermanNC
Legendary
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Activity: 2198
Merit: 1000
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December 04, 2014, 04:21:59 AM |
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GAW simply has "to many Irons in the fire" and will put the fire out eventually... Folks could loose interest very fast in this situation. And some think bitcoin mining in complex? hah  Its to much to fast is all.. seems to me they are improvising a lot and flying by the seat of their pants a bit.... |
*BTC: 1DiR25SPo84sThzTATr27EZEQZLt6hv6tG
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RiverBoatBTC
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December 04, 2014, 04:24:25 AM |
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GAW simply has "to many Irons in the fire" and will put the fire out eventually... Folks could loose interest very fast in this situation. And some think bitcoin mining in complex? hah Its to much to fast is all.. 100% GAW is selling you the Mine "paycoin" the picks "miners" the shovels "POS" wallets. In gold rushes do you think makes the money... here is a hint the guy who sells the fools the "mine" the and the "shovels" I called the CEO listed cell phone but he just keeps pickign up and hanging up lol |
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MinermanNC
Legendary
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Activity: 2198
Merit: 1000
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December 04, 2014, 04:29:59 AM |
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GAW simply has "to many Irons in the fire" and will put the fire out eventually... Folks could loose interest very fast in this situation. And some think bitcoin mining in complex? hah Its to much to fast is all.. 100% GAW is selling you the Mine "paycoin" the picks "miners" the shovels "POS" wallets. In gold rushes do you think makes the money... here is a hint the guy who sells the fools the "mine" the and the "shovels" I called the CEO listed cell phone but he just keeps pickign up and hanging up lol exactly, you hit the nail on the head, that's my biggest problem with the whole concept |
*BTC: 1DiR25SPo84sThzTATr27EZEQZLt6hv6tG
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RiverBoatBTC
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December 04, 2014, 04:31:47 AM |
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GAW simply has "to many Irons in the fire" and will put the fire out eventually... Folks could loose interest very fast in this situation. And some think bitcoin mining in complex? hah Its to much to fast is all.. 100% GAW is selling you the Mine "paycoin" the picks "miners" the shovels "POS" wallets. In gold rushes do you think makes the money... here is a hint the guy who sells the fools the "mine" the and the "shovels" I called the CEO listed cell phone but he just keeps pickign up and hanging up lol exactly, you hit the nail on the head, that's my biggest problem with the whole concept Thank you sir... I will update you all as I come accross info its 11pm and I do not want to disturb people with calls at this hour lol |
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zerocoder
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December 04, 2014, 04:32:19 AM |
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Shh don't make too much noise, I am selling my hashlets |
"Break the Big Banks" - http://BERN.cash - #NotMeUS #rEVOLution BERN BRpJhL4VVsJPwVnHc26iqG3kxxKtF6UEFo |
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MinermanNC
Legendary
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Activity: 2198
Merit: 1000
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December 04, 2014, 04:35:37 AM |
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Does anyone know actually how many people are truly signed up with GAW for this whole deal? I know we have heard a lot of numbers in terms of sales etc. but how many actual miners or accounts I should say are there... in other words, is it a very small world in terms of headcount lol
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*BTC: 1DiR25SPo84sThzTATr27EZEQZLt6hv6tG
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MinermanNC
Legendary
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Activity: 2198
Merit: 1000
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December 04, 2014, 04:37:03 AM |
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Shh don't make too much noise, I am selling my hashlets lol |
*BTC: 1DiR25SPo84sThzTATr27EZEQZLt6hv6tG
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corygto
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December 04, 2014, 04:41:46 AM |
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To me it just seems like they are creating ways to keep people buying more and more and not having to pay them out for long periods of time...
I can't believe people are so blinded by greed that they can't see how they are being taken advantage of.
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MinermanNC
Legendary
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Activity: 2198
Merit: 1000
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December 04, 2014, 04:42:00 AM |
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I'm just bummed out cause my gridseed black 25 MH scrypt miner I ordered Monday for a Friday delivery won't be here until Tuesday now due to UPS backlog from black Friday and cyber Monday oh well k, out of here for the night  |
*BTC: 1DiR25SPo84sThzTATr27EZEQZLt6hv6tG
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RiverBoatBTC
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December 04, 2014, 04:42:16 AM |
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More I learn about this "project" the more I dislike it....
We all know 2 morrow 50k btc will be sold on auction.
If said people took interest in paycoin they would control it, set all the rates thus 1% controlling the 99%
FAIL SAUCE? or am I wrong?
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MinermanNC
Legendary
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Activity: 2198
Merit: 1000
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December 04, 2014, 04:42:41 AM |
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To me it just seems like they are creating ways to keep people buying more and more and not having to pay them out for long periods of time...
I can't believe people are so blinded by greed that they can't see how they are being taken advantage of.
yes it sure would appear as such .... |
*BTC: 1DiR25SPo84sThzTATr27EZEQZLt6hv6tG
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Phildo
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Activity: 1526
Merit: 1000
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December 04, 2014, 04:49:10 AM |
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I wonder what they're going to do with all the old hashlets.
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