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Author Topic: GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :)  (Read 3376908 times)
Josef_Stylin
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February 17, 2015, 03:10:58 AM
 #21661

What are these people basing this on?



 Math, Common Sense, and History say that a merchant will dump crypto as soon as they get it. Even a small (~$5,000/day) merchant would drive the price of XPY down an extra decimal place or two every day. There has to be liquidity (Buy Bid) depth enough to absorb a merchant or it simply does not work. XPY is no where near being able to support real merchants. "Somebody" told these idiots that merchants accepting XPY will instantly drive the price up and they never stopped to think about the way it actually works.

I believe that was if they are accepting it for above market value.

Like, if you grant that a large merchant with millions of items will start accepting xpy at a $20 valuation, then I could see how that would make the price go up.

The problem is that no proof of such merchant has materialized.

It just doesn't make sense for a merchant to do that. In real life if I give a merchant $20 for a widget, he puts some money in his pocket, and buys another widget (or something else to sell for me). If I give a merchant a paycoin for a widget, what is he going to do next? That paycoin is not enough to buy another widget (or anything really). No one has ever explained what the people (merchants, gaw, honors program, whatever) that pay $20 or give away $20 worth of product for 1 xpy were going to do with that xpy after they got it. There is no way to believe the $20 number (or any number really) without that explanation.
No offense to anyone... but GAW customers are, generally speaking, noobs. Basic concepts such as "lets find a merchant to legitimize us!" seem wonderful in theory because they think anyone even slightly acknowledging their investment will suppress the negativity. The actuality is that they don't truly understand what the hell they are doing, or what this "investment" even is.

Anyone with a brain knows that a coin with minimal support has absolutely zero chance of withstanding a large merchant with millions of products dumping the coin to fiat, which it would absolutely have to do to stay afloat. There is no chance a merchant "holds" the coins. The money for the products being sold needs to come from somewhere. Either these people just don't have a basic understanding of how a merchant functions in terms of buying the actual products that they sell or they understand it and just want some other moron to be stuck "holding". Either way, we can all agree that no merchant in a million years would "hold" a volatile coin and they are instantly dumping the coin to btc->usd to pay their bills. If that user base thinks they're seeing "dumps" now, just wait until a merchant has to unload all day.

The stupidity is astounding, even from Mr. Ganza supporting this idea. They need to find people that want to BUY their coin, not fucking dump it instantly.
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February 17, 2015, 03:35:26 AM
Last edit: February 17, 2015, 03:51:03 AM by ZiG
 #21662

Hey, Dave, are you going to answer how merchants accepting XPY will make the price rise? Or, is Dave not here?  Cheesy
Already answered
You are retarded

Hey dave01,

The ONLY RETARD that I see here IS YOU... Grin

Why do you just try to make your point...instead of calling names... Huh

Or shut-up ...OK... Wink

ZiG

EDIT ...post # 999 ... Grin
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February 17, 2015, 04:20:14 AM
 #21663

I guess nobody here actually owns hashstakers?  You can sell them on the market now for about $15.  Quite a drop from $50?  The non permanent ones are going for much cheaper, but not really worth it since they are more than xpy is currently worth.  I wonder how long it would take to regain $15 at current prices?  Someone ought to to be better at math than me?   .00972 per day I think?

Edit, about 2000 days lol!

bitJob                       ▄▄▄██████▄▄▄
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IIII
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February 17, 2015, 04:28:40 AM
 #21664

Interestingly, they now let you see the items you put up for sale. It used to be that you had to log into a second account to see your own listing.
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February 17, 2015, 04:31:35 AM
 #21665

I guess nobody here actually owns hashstakers?  You can sell them on the market now for about $15.  Quite a drop from $50?  The non permanent ones are going for much cheaper, but not really worth it since they are more than xpy is currently worth.  I wonder how long it would take to regain $15 at current prices?  Someone ought to to be better at math than me?   .00972 per day I think?

Edit, about 2000 days lol!

I have 5 hashstakers that were converted from the last 5 zen I didn't sell, each has 1 xpy and together  they generate about .05 xpy a day. sad. I'm not even gonna bother unloading cause it would just mean fee's in Mr. Ganza's pocket and fuck someone else.

 
                                . ██████████.
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       ..████████████████████████████████████████████████████████████..
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coinmaster222
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February 17, 2015, 05:21:54 AM
 #21666

I bought 84 6 month stakers plus coin for on average $1.84 from nearly same seller zero2cash.Now I see he is selling them at $20+ dollars.If you were interested there were bargains when it opened,but its just a gamble

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February 17, 2015, 05:51:56 AM
 #21667

I can't get into my Zencloud account..........I used my landline for 2Fa & can't recieve SMS (used to call me back & give me a code,not anymore)..........Oh well,only a empty 5mh hashtaker in it  Roll Eyes

$50 out the window.................. Roll Eyes


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February 17, 2015, 08:07:28 AM
 #21668

Hey, Dave, are you going to answer how merchants accepting XPY will make the price rise? Or, is Dave not here?  Cheesy
Already answered
You are retarded

Hey dave01,

The ONLY RETARD that I see here IS YOU... Grin

Why do you just try to make your point...instead of calling names... Huh

Or shut-up ...OK... Wink

ZiG

EDIT ...post # 999 ... Grin
Dont worry too much..you will receive charity for your illness
Peace
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February 17, 2015, 08:23:20 AM
Last edit: February 17, 2015, 08:47:04 AM by kken01
 #21669

Hey, Dave, are you going to answer how merchants accepting XPY will make the price rise? Or, is Dave not here?  Cheesy
Already answered
You are retarded

Hey dave01,

The ONLY RETARD that I see here IS YOU... Grin

Why do you just try to make your point...instead of calling names... Huh

Or shut-up ...OK... Wink

ZiG

EDIT ...post # 999 ... Grin
Dont worry too much..you will receive charity for your illness
Peace

you mean his illness of not getting knee deep in poopcoin? you wish you could be that lucky
i guess if you are batshit crazy a rational mind might look like an illness
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February 17, 2015, 08:43:40 AM
 #21670

Hey, Dave, are you going to answer how merchants accepting XPY will make the price rise? Or, is Dave not here?  Cheesy
Already answered
You are retarded

Hey dave01,

The ONLY RETARD that I see here IS YOU... Grin

Why do you just try to make your point...instead of calling names... Huh

Or shut-up ...OK... Wink

ZiG

EDIT ...post # 999 ... Grin
Dont worry too much..you will receive charity for your illness
Peace
Ha YEAH you show them Dave01! You are so smart. Look at all these scammers trying to coordinate a dump against Paycoin. What a bunch of trolly fudsters. Dave and I know that Paycoin is the future. Everybody knows it except these morons on BitcornSpeak. Get a life guys. Stop trying to defame Josh and I'm glad Dave01 is here to defend him. XPY TO MOON. DON'T MISS THE BOAT!
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February 17, 2015, 10:11:09 AM
 #21671

Hey, Dave, are you going to answer how merchants accepting XPY will make the price rise? Or, is Dave not here?  Cheesy
Already answered
You are retarded

Hey dave01,

The ONLY RETARD that I see here IS YOU... Grin

Why do you just try to make your point...instead of calling names... Huh

Or shut-up ...OK... Wink

ZiG

EDIT ...post # 999 ... Grin
Dont worry too much..you will receive charity for your illness
Peace
Ha YEAH you show them Dave01! You are so smart. Look at all these scammers trying to coordinate a dump against Paycoin. What a bunch of trolly fudsters. Dave and I know that Paycoin is the future. Everybody knows it except these morons on BitcornSpeak. Get a life guys. Stop trying to defame Josh and I'm glad Dave01 is here to defend him. XPY TO MOON. DON'T MISS THE BOAT!
Thank you my friend.
Laughing with god
https://www.youtube.com/watch?v=1XzuDMDQjG0

Here's your sign you two!!!  Cheesy


"If you run into an asshole in the morning, you ran into an asshole. If you run into assholes all day long, you are the asshole."  -Raylan Givens
Got GOXXED ?? https://www.youtube.com/watch?v=9KiqRpPiJAU&feature=youtu.be
"An ASIC being late is perfectly normal, predictable, and legal..."Hashfast & BFL slogan Smiley
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February 17, 2015, 10:23:43 AM
 #21672

Hey, Dave, are you going to answer how merchants accepting XPY will make the price rise? Or, is Dave not here?  Cheesy
Already answered
You are retarded

Hey dave01,

The ONLY RETARD that I see here IS YOU... Grin

Why do you just try to make your point...instead of calling names... Huh

Or shut-up ...OK... Wink

ZiG

EDIT ...post # 999 ... Grin
Dont worry too much..you will receive charity for your illness
Peace
Ha YEAH you show them Dave01! You are so smart. Look at all these scammers trying to coordinate a dump against Paycoin. What a bunch of trolly fudsters. Dave and I know that Paycoin is the future. Everybody knows it except these morons on BitcornSpeak. Get a life guys. Stop trying to defame Josh and I'm glad Dave01 is here to defend him. XPY TO MOON. DON'T MISS THE BOAT!
Thank you my friend.
Laughing with god
https://www.youtube.com/watch?v=1XzuDMDQjG0

Here's your sign you two!!!  Cheesy


Peace Brother
kken01
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February 17, 2015, 10:29:38 AM
 #21673

 // paycoin: synchronized checkpoint (centrally broadcasted)
uint256 hashSyncCheckpoint = 0;

Code:
getcheckpoint -

Show info of synchronized checkpoint.
(code -1)

getcheckpoint


{
"synccheckpoint" : "00000e5695fbec8e36c10064491946ee3b723a9fa640fc0e25d3b8e4737e53e3",
"height" : 0,
"timestamp" : "2014-11-29 00:00:10 UTC"
}

( 0, hashGenesisBlockOfficial )
static const uint256 hashGenesisBlockOfficial("0x00000e5695fbec8e36c10064491946ee3b723a9fa640fc0e25d3b8e4737e53e3");


interesting definition of centrally broadcasted  Grin these are not the droids you are looking for *wave hand*
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February 17, 2015, 11:03:05 AM
 #21674

A direct correlation between the two chains has been visable for a while now.

.... what?  Roll Eyes are you just randomly typing stuff and hope it sticks. makes no sense

its actually a minor thing anyway since the devs even state:
Centralized checkpoints are not being used and this code is
more or less dead anyway. This leaves behind the rest of the
broadcast checkpoint code while removing the warning from
the client side.

but it shows they are too lazy to clean up or they cant decide between
1.) remove
2.) static checkpoints
3.) dynamic checkpoints

no plans or road map

buy buy. TO THE MOON!


edit:
dev response to blockchain download problem:

paycoindev commented 6 days ago

Just wait.... or restart the client to kickstart the syncing again.

 Grin
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February 17, 2015, 11:16:06 AM
 #21675

A direct correlation between the two chains has been visable for a while now.

.... what?  Roll Eyes are you just randomly typing stuff and hope it sticks. makes no sense

its actually a minor thing anyway since the devs even state:
Centralized checkpoints are not being used and this code is
more or less dead anyway. This leaves behind the rest of the
broadcast checkpoint code while removing the warning from
the client side.

but it shows they are too lazy to clean up or they cant decide between
1.) remove
2.) static checkpoints
3.) dynamic checkpoints

no plans or road map

buy buy. TO THE MOON!


edit:
dev response to blockchain download problem:

paycoindev commented 6 days ago

Just wait.... or restart the client to kickstart the syncing again.

 Grin

Go back to sleep then
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February 17, 2015, 11:34:30 AM
Last edit: February 17, 2015, 12:16:55 PM by kken01
 #21676


Go back to sleep then

GAWesome idea

im still laughing @ paycoindev's idea of restarting the app when it fails to download due to programming errors
lets shift the work to the people. since its called the peoples money they better do some leg work!
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February 17, 2015, 11:57:04 AM
 #21677

did someone forget to feed dave01 he gets like that when you don't feed him

What has it got in its pocketses precious? BTC: 1KctJNLwzFK8qJPsSwDrQRNxxKnVCrZm93
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February 17, 2015, 12:12:00 PM
 #21678

No Dave! Bad Kitty! You're going way off topic don't try and start a religious debate this isn't the place for that.  I'm not even going to quote your post because I'd rather you delete it.

What has it got in its pocketses precious? BTC: 1KctJNLwzFK8qJPsSwDrQRNxxKnVCrZm93
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February 17, 2015, 12:30:19 PM
 #21679






I think a bigger hammer is required

a pickaxe should do it.
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February 17, 2015, 12:47:06 PM
 #21680

Mr. Ganza still has this merchant called: Chads4x4 Jeep & 4x4 Peformance Technology
listed as a selling point on paycoingateway.com

too bad this merchant quit accepting poopcoin and got banned ages ago. is it too hard to update a simple page. seems so for Mr. Ganza

it seems that guy even took that website offline. maybe he was too shamed to be connected to this mega scam
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