dave01
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 16, 2015, 10:25:52 PM |
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Brilliant How the fuck did you com e up with that
I've got a brain Dave. Well use it then
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dave01
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 16, 2015, 10:29:01 PM |
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Liquidity cannot be determined yet as it is not finished yet Have i answered your simple question yet? This is correct?
You are, as usual, incorrect. Bigtime. The liquidity can easily be derived by examining the Buy Bids on the exchanges using "math". Bitcoin Wisdom has a pretty good setup to do exactly that in real time. Here i have circled what a small merchant exchanging $10,000 worth of XPY from a day's sales would do to the XPY price right now. It would make it dive to .0021. That is about 40% lower than it is right now, in case these "numbers" confuse you. Then the price might recover a bit until the next day when the merchant dumped the day's take of XPY again, and the effect would be even worse, spiraling downwards each day until the price was into the Satoshis in a pretty short period of time. In reality, the merchant would quit accepting Paycoin once they found out that they would get shafted 25%-30% on their revenue every day. The fact is that even a small ($10k/day) merchant accepting XPY would completely destroy the price of XPY in a matter of days. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FvXR6ADb.jpg&t=665&c=UWejlu0dv7peOg) I got to ask you now What are you smoking? You cannot grasp simple concepts Are you a monkey?
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DaveWave
Sr. Member
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February 16, 2015, 10:30:09 PM |
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Well use it then
Obviously I did, cos I came up with it. But stay on topic Dave, the price did not go up today because more people believe in Paycoin today then yesterday which I think is what you are implying.
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bumpershot
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 16, 2015, 10:30:53 PM |
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I think the theory is that if you provide consumer incentive to use XPY, then the buying of XPY will offset the selling by the merchant. XPY will just be the medium of exchange.
It won't work for a number of reasons, but it's not just as simple as looking at current market depth. If people have a reason to buy XPY to use at a retailer, that depth increases.
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dave01
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 16, 2015, 10:30:56 PM |
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Liquidity cannot be determined yet as it is not finished yet Have i answered your simple question yet? This is correct?
You are, as usual, incorrect. Bigtime. The liquidity can easily be derived by examining the Buy Bids on the exchanges using "math". Bitcoin Wisdom has a pretty good setup to do exactly that in real time. Here i have circled what a small merchant exchanging $10,000 worth of XPY from a day's sales would do to the XPY price right now. It would make it dive to .0021. That is about 40% lower than it is right now, in case these "numbers" confuse you. Then the price might recover a bit until the next day when the merchant dumped the day's take of XPY again, and the effect would be even worse, spiraling downwards each day until the price was into the Satoshis in a pretty short period of time. In reality, the merchant would quit accepting Paycoin once they found out that they would get shafted 25%-30% on their revenue every day. The fact is that even a small ($10k/day) merchant accepting XPY would completely destroy the price of XPY in a matter of days. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FvXR6ADb.jpg&t=665&c=UWejlu0dv7peOg) I got to ask you now What are you smoking? You cannot grasp simple concepts Are you a monkey?
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Paul Revere
Sr. Member
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February 16, 2015, 10:32:50 PM |
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Mathematics, Dave. Learn it. Love it. Live it. Or, just continue to be an absolute moron, your choice. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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All of my posts are simply statements of my own personal opinions based on available information and pondering what might be possible considering human nature, with the goal of finding truth and preventing fraud. Please look at all of the facts and theories and put your thinking cap on to draw your own conclusions. If you feel that I have made a false statement or have been unnecessarily derogatory, I encourage you to please point it out, and if proven correct and/or reasonable I will remedy it. ~ Paul Revere
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dave01
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 16, 2015, 10:33:21 PM |
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I think the theory is that if you provide consumer incentive to use XPY, then the buying of XPY will offset the selling by the merchant. XPY will just be the medium of exchange.
It won't work for a number of reasons, but it's not just as simple as looking at current market depth. If people have a reason to buy XPY to use at a retailer, that depth increases.
It isn't finished yet cannot be judged yet
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strangerdanger101
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 16, 2015, 10:34:12 PM |
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I am not asking about that slow, old, dinosaur Bitcoin, Dave.
I asked how merchant acceptance will make XPY rise? Are you even going to attempt to answer this simple question?
RETAR...RD You shouldn't throw stones from your glass house ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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What has it got in its pocketses precious? BTC: 1KctJNLwzFK8qJPsSwDrQRNxxKnVCrZm93
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dave01
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 16, 2015, 10:35:12 PM |
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Mathematics, Dave. Learn it. Love it. Live it. Or, just continue to be an absolute moron, your choice. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Read the thread everyone knows who the moron is now Please tell me how old are you?
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Paul Revere
Sr. Member
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February 16, 2015, 10:36:42 PM |
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Incorrect again, Dave. XPY is functioning as a currency right now, albeit an extremely poor highly unstable one with hyper-inflation. Are you going to explain how merchant acceptance of XPY will make the price rise or not?
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All of my posts are simply statements of my own personal opinions based on available information and pondering what might be possible considering human nature, with the goal of finding truth and preventing fraud. Please look at all of the facts and theories and put your thinking cap on to draw your own conclusions. If you feel that I have made a false statement or have been unnecessarily derogatory, I encourage you to please point it out, and if proven correct and/or reasonable I will remedy it. ~ Paul Revere
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HashieNewb
Sr. Member
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February 16, 2015, 10:37:38 PM |
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Brilliant How the fuck did you com e up with that
I've got a brain Dave. Well use it then the laughs just keep coming. I remember why I didn't ignore you .... comedy gold. thanks for the brilliantly retarded haiku-like responses, but haven't you derailed this thread long enough ?
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dave01
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 16, 2015, 10:38:31 PM |
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No i am just gonna leave you to it Read it back yourself
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owlcatz
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February 16, 2015, 10:40:59 PM |
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I think the theory is that if you provide consumer incentive to use XPY, then the buying of XPY will offset the selling by the merchant. XPY will just be the medium of exchange.
It won't work for a number of reasons, but it's not just as simple as looking at current market depth. If people have a reason to buy XPY to use at a retailer, that depth increases.
It isn't finished yet cannot be judged yet Hey Dave, check out how it's "Coming Along" then .... https://github.com/GAWMiners/paycoin/graphs/commit-activityDo you get it yet? It's a scam, man, wake up already your wasting our time, and making us all dumber for having to read your idiocy. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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. I C Λ R U S | | | | █████▄▄█████▄▄ ████████▀▀▀████ ██████▀█████▀███ ████████████████ ████████████████ ████████████████ ░▄█████████████████ ███████████████████ ███████████████████ ████████░░░▀▀▀▀▀▀▀▀ ████████▄▄▄████████ ███████████████████ █████████████████▀ | ░░░███ ▄▄▄███ ██████ ░░░███ ░░░███ ░░░███ ░░░███ ░░░███ ░░░███ ░░░███ ▄████████ ███▌░▐███ ████████▀ | | | | | █████████████████████ █████████████████████ █████████████████████ ██████▀▀▀▀████▀▀█████ █████░░▄▄░░██░░░█████ █████▄▄██░░███░░█████ █████▀▀▀▀░░▀██░░█████ ████░░░░▄▄▄▄█▀░░▀████ ████░░░░░░░░█░▀▀░████ █████████████████████ █████████████████████ █████████████████████ █████████████████████ | ████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ████ | ████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ████ | ████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ████ | | | | ████ ██
██ ████ | | ████ ██
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[/ce
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dave01
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 16, 2015, 10:42:00 PM |
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I think the theory is that if you provide consumer incentive to use XPY, then the buying of XPY will offset the selling by the merchant. XPY will just be the medium of exchange.
It won't work for a number of reasons, but it's not just as simple as looking at current market depth. If people have a reason to buy XPY to use at a retailer, that depth increases.
It isn't finished yet cannot be judged yet Hey Dave, check out how it's "Coming Along" then .... https://github.com/GAWMiners/paycoin/graphs/commit-activityDo you get it yet? It's a scam, man, wake up already your wasting our time. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Oh yeah thanks for that
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bananafana
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 16, 2015, 10:49:54 PM |
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I think the theory is that if you provide consumer incentive to use XPY, then the buying of XPY will offset the selling by the merchant. XPY will just be the medium of exchange.
It won't work for a number of reasons, but it's not just as simple as looking at current market depth. If people have a reason to buy XPY to use at a retailer, that depth increases.
It isn't finished yet cannot be judged yet Hey Dave, check out how it's "Coming Along" then .... https://github.com/GAWMiners/paycoin/graphs/commit-activityDo you get it yet? It's a scam, man, wake up already your wasting our time. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Oh yeah thanks for that This one's even better: https://github.com/GAWMiners/paycoin/graphs/contributorsYou can see where the devs disappear. There's one little blip of recent development, but nobody to roll out a new wallet with those fixes. EDIT: You can also click through to see what that most recent development consists of. It turns off the checkpoint warning; someone earlier posted that it does this by turning off checkpointing entirely. It updates some version numbers and stuff like that. Nothing of any real significance whatsoever. "It isn't finished yet" LOL
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owlcatz
Legendary
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February 16, 2015, 10:52:40 PM |
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I think the theory is that if you provide consumer incentive to use XPY, then the buying of XPY will offset the selling by the merchant. XPY will just be the medium of exchange.
It won't work for a number of reasons, but it's not just as simple as looking at current market depth. If people have a reason to buy XPY to use at a retailer, that depth increases.
It isn't finished yet cannot be judged yet Hey Dave, check out how it's "Coming Along" then .... https://github.com/GAWMiners/paycoin/graphs/commit-activityDo you get it yet? It's a scam, man, wake up already your wasting our time. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Oh yeah thanks for that This one's even better: https://github.com/GAWMiners/paycoin/graphs/contributorsYou can see where the devs disappear. There's one little blip of recent development, but nobody to roll out a new wallet with those fixes. Yeah I almost posted that instead, but I figured I should really DUMB it down. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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. I C Λ R U S | | | | █████▄▄█████▄▄ ████████▀▀▀████ ██████▀█████▀███ ████████████████ ████████████████ ████████████████ ░▄█████████████████ ███████████████████ ███████████████████ ████████░░░▀▀▀▀▀▀▀▀ ████████▄▄▄████████ ███████████████████ █████████████████▀ | ░░░███ ▄▄▄███ ██████ ░░░███ ░░░███ ░░░███ ░░░███ ░░░███ ░░░███ ░░░███ ▄████████ ███▌░▐███ ████████▀ | | | | | █████████████████████ █████████████████████ █████████████████████ ██████▀▀▀▀████▀▀█████ █████░░▄▄░░██░░░█████ █████▄▄██░░███░░█████ █████▀▀▀▀░░▀██░░█████ ████░░░░▄▄▄▄█▀░░▀████ ████░░░░░░░░█░▀▀░████ █████████████████████ █████████████████████ █████████████████████ █████████████████████ | ████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ████ | ████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ████ | ████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ████ | | | | ████ ██
██ ████ | | ████ ██
██ ████ |
[/ce
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Paul Revere
Sr. Member
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February 16, 2015, 10:54:51 PM |
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I think the theory is that if you provide consumer incentive to use XPY, then the buying of XPY will offset the selling by the merchant. XPY will just be the medium of exchange.
It won't work for a number of reasons, but it's not just as simple as looking at current market depth. If people have a reason to buy XPY to use at a retailer, that depth increases.
It isn't finished yet cannot be judged yet Hey Dave, check out how it's "Coming Along" then .... https://github.com/GAWMiners/paycoin/graphs/commit-activityDo you get it yet? It's a scam, man, wake up already your wasting our time. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Oh yeah thanks for that This one's even better: https://github.com/GAWMiners/paycoin/graphs/contributorsYou can see where the devs disappear. There's one little blip of recent development, but nobody to roll out a new wallet with those fixes. This graph here is pretty telling as well: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F4Xi3Po1.jpg&t=665&c=ggBIo6waCTxZDQ) Hmm, there seems to be a "slight" drop off of code changes about 2 months ago.
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All of my posts are simply statements of my own personal opinions based on available information and pondering what might be possible considering human nature, with the goal of finding truth and preventing fraud. Please look at all of the facts and theories and put your thinking cap on to draw your own conclusions. If you feel that I have made a false statement or have been unnecessarily derogatory, I encourage you to please point it out, and if proven correct and/or reasonable I will remedy it. ~ Paul Revere
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kken01
Legendary
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February 16, 2015, 10:57:01 PM |
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does anyone know how Mr. Ganza fucked up his wallet software? sometimes it gets wrong size for the blockchain (last start showed 12k blocks total) it seems that it downloads 400-800 blocks per restart of the software. im finally at 10k out of the 70k ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) i was thinking of doing some data visualizing of their blockchain but omg its gonna take ages to get it 1 example from debug log: sending getdata: block 92fb4d7f26136c46af63 sending getdata: block 556f124c00696c17e411 received block 556f124c00696c17e411 ERROR: CheckProofOfStake() : INFO: read txPrev failed WARNING: ProcessBlock(): check proof-of-stake failed for block 556f124c00696c17e41147a80d30c84589979cbc8e37946d1d49b9f6a874744e received block 92fb4d7f26136c46af63 ERROR: CheckProofOfStake() : INFO: read txPrev failed WARNING: ProcessBlock(): check proof-of-stake failed for block 92fb4d7f26136c46af63a56007232c393710d767fbff966ab1f15c9900e8a188 sending getdata: block 99024dd69103555edff0 received block 99024dd69103555edff0 ERROR: CheckProofOfStake() : INFO: read txPrev failed WARNING: ProcessBlock(): check proof-of-stake failed for block 99024dd69103555edff051116bb3307230552c7903c0b37115a6f815e6ba16cc sending getdata: block 32da1c6c99a59b4cf16e received block 32da1c6c99a59b4cf16e ERROR: CheckProofOfStake() : INFO: read txPrev failed WARNING: ProcessBlock(): check proof-of-stake failed for block 32da1c6c99a59b4cf16e22103b0b8969900a492641a8dcdfc0d90038f3ac8879
askfor tx 729fcda7684eb3c84b1b 0 sending getdata: tx 729fcda7684eb3c84b1b askfor tx 729fcda7684eb3c84b1b 1424126730000000 sending getdata: block faa8e7b8f63fe1687157 ERROR: FetchInputs() : 729fcda768 mempool Tx prev not found 7827c61f65 ERROR: CTxMemPool::accept() : FetchInputs failed 729fcda768
it keeps repeating the same errors in a pattern until restart, then off we go with another set of blocks & errors
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Paul Revere
Sr. Member
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February 16, 2015, 11:02:53 PM |
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Total failure of the wallets and entire coin just might be part of the plan. This was talked about some odd hundreds of pages ago. If the whole thing gets monkeyed up and crashes Ol' Joshy will just shrug and say "Awe Shucks Fellas! I tried so hard, too. SORRY!" (BaHaHHAaHaa SUCKERS, I still have your BTC/$!) ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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All of my posts are simply statements of my own personal opinions based on available information and pondering what might be possible considering human nature, with the goal of finding truth and preventing fraud. Please look at all of the facts and theories and put your thinking cap on to draw your own conclusions. If you feel that I have made a false statement or have been unnecessarily derogatory, I encourage you to please point it out, and if proven correct and/or reasonable I will remedy it. ~ Paul Revere
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kken01
Legendary
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February 16, 2015, 11:14:42 PM |
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Total failure of the wallets and entire coin just might be part of the plan. This was talked about some odd hundreds of pages ago. If the whole thing gets monkeyed up and crashes Ol' Joshy will just shrug and say "Awe Shucks Fellas! I tried so hard, too. SORRY!" (BaHaHHAaHaa SUCKERS, I still have your BTC/$!) ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) aha makes sense ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) if xpy could survive so the blockchain grows in size (i guess current size is about 300mb) by even 10x to 3gb. it would be insanely frustrating for non-tech savvy people to get it. didnt they advertise poopcoin as a coin for general public & mainstream ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) average 500 blocks per restart, everytime waiting for index loading, connecting to nodes... guess il have to use linux client and make a bash script for restarting the shit after 2 of those errors
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