Josef_Stylin
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Activity: 60
Merit: 10
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February 17, 2015, 03:10:58 AM |
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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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ZiG
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February 17, 2015, 03:35:26 AM Last edit: February 17, 2015, 03:51:03 AM by ZiG |
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Hey, Dave, are you going to answer how merchants accepting XPY will make the price rise? Or, is Dave not here? Already answered You are retarded Hey dave01, The ONLY RETARD that I see here IS YOU... Why do you just try to make your point...instead of calling names... Or shut-up ...OK... ZiG EDIT ... post # 999 ...
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truckinusa
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February 17, 2015, 04:20:14 AM |
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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!
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bumpershot
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February 17, 2015, 04:28:40 AM |
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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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HashieNewb
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Activity: 616
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
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February 17, 2015, 04:31:35 AM |
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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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coinmaster222
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February 17, 2015, 05:21:54 AM |
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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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Unacceptable
Legendary
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Activity: 2212
Merit: 1001
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February 17, 2015, 05:51:56 AM |
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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 $50 out the window..................
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"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
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dave01
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February 17, 2015, 08:07:28 AM |
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Hey, Dave, are you going to answer how merchants accepting XPY will make the price rise? Or, is Dave not here? Already answered You are retarded Hey dave01, The ONLY RETARD that I see here IS YOU... Why do you just try to make your point...instead of calling names... Or shut-up ...OK... ZiG EDIT ... post # 999 ... Dont worry too much..you will receive charity for your illness Peace
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kken01
Legendary
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Activity: 910
Merit: 1009
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February 17, 2015, 08:23:20 AM Last edit: February 17, 2015, 08:47:04 AM by kken01 |
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Hey, Dave, are you going to answer how merchants accepting XPY will make the price rise? Or, is Dave not here? Already answered You are retarded Hey dave01, The ONLY RETARD that I see here IS YOU... Why do you just try to make your point...instead of calling names... Or shut-up ...OK... ZiG EDIT ... post # 999 ... 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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Stop_fudding_nerds
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Activity: 15
Merit: 0
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February 17, 2015, 08:43:40 AM |
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Hey, Dave, are you going to answer how merchants accepting XPY will make the price rise? Or, is Dave not here? Already answered You are retarded Hey dave01, The ONLY RETARD that I see here IS YOU... Why do you just try to make your point...instead of calling names... Or shut-up ...OK... ZiG EDIT ... post # 999 ... 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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Unacceptable
Legendary
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Activity: 2212
Merit: 1001
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February 17, 2015, 10:11:09 AM |
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Hey, Dave, are you going to answer how merchants accepting XPY will make the price rise? Or, is Dave not here? Already answered You are retarded Hey dave01, The ONLY RETARD that I see here IS YOU... Why do you just try to make your point...instead of calling names... Or shut-up ...OK... ZiG EDIT ... post # 999 ... 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=1XzuDMDQjG0Here's your sign you two!!!
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"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
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dave01
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February 17, 2015, 10:23:43 AM |
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Hey, Dave, are you going to answer how merchants accepting XPY will make the price rise? Or, is Dave not here? Already answered You are retarded Hey dave01, The ONLY RETARD that I see here IS YOU... Why do you just try to make your point...instead of calling names... Or shut-up ...OK... ZiG EDIT ... post # 999 ... 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=1XzuDMDQjG0Here's your sign you two!!! Peace Brother
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kken01
Legendary
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Activity: 910
Merit: 1009
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February 17, 2015, 10:29:38 AM |
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// paycoin: synchronized checkpoint (centrally broadcasted) uint256 hashSyncCheckpoint = 0; 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 these are not the droids you are looking for *wave hand*
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kken01
Legendary
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Activity: 910
Merit: 1009
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February 17, 2015, 11:03:05 AM |
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A direct correlation between the two chains has been visable for a while now.
.... what? 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.
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dave01
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February 17, 2015, 11:16:06 AM |
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A direct correlation between the two chains has been visable for a while now.
.... what? 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. Go back to sleep then
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kken01
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Merit: 1009
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February 17, 2015, 11:34:30 AM Last edit: February 17, 2015, 12:16:55 PM by kken01 |
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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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strangerdanger101
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February 17, 2015, 11:57:04 AM |
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did someone forget to feed dave01 he gets like that when you don't feed him
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What has it got in its pocketses precious? BTC: 1KctJNLwzFK8qJPsSwDrQRNxxKnVCrZm93
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strangerdanger101
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February 17, 2015, 12:12:00 PM |
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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.
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What has it got in its pocketses precious? BTC: 1KctJNLwzFK8qJPsSwDrQRNxxKnVCrZm93
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rawbot
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February 17, 2015, 12:30:19 PM |
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I think a bigger hammer is required a pickaxe should do it.
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kken01
Legendary
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Activity: 910
Merit: 1009
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February 17, 2015, 12:47:06 PM |
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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 This Site Has Been Disabled Contact your service provider for more information.
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