suchmoon (OP)
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Merit: 8922
https://bpip.org
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February 17, 2015, 07:25:45 PM |
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Whoa, GAW has opened up the ability to sell hashstakers. I wonder if I can sell off my prime stakers and hashstakers to some true believers.
Its hard to believe but people are buying them. Mind you, it is a fire sale. lol for sure down to 1.16 people are going to undercut eachother till they're worth dirt h0h0h0 Does it show anywhere how much time do the loaded Hashstakers have until their expiration? It looks like it just shows "3 months" or "6 months" but not how much of it remains. I was reading on one of the threads on HT earlier where someone actually did the math (I know- shocker-right?  ) and initially some idiots were paying more for the stakers than it would cost to buy the amount of XPY they would yield in their lifetime + the coin(s) in them. Probably still happening, they are not a real bright bunch over there. P.S: That is not even getting into what the XPY will be worth in the future if you wait around for them to stake.... Yep, some of the asking prices don't make sense. Not sure if anyone is paying that much though. But I wouldn't be surprised, especially considering how obfuscated it all is - e.g. market pricing is in USD. Looks like a feeble attempt by GAW to create some BTC revenue via fees. |
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The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
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strangerdanger101
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February 17, 2015, 07:36:07 PM
Last edit: February 17, 2015, 08:03:49 PM by strangerdanger101 |
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Whoa, GAW has opened up the ability to sell hashstakers. I wonder if I can sell off my prime stakers and hashstakers to some true believers.
Its hard to believe but people are buying them. Mind you, it is a fire sale. lol for sure down to 1.16 people are going to undercut eachother till they're worth dirt h0h0h0 Does it show anywhere how much time do the loaded Hashstakers have until their expiration? It looks like it just shows "3 months" or "6 months" but not how much of it remains. I was reading on one of the threads on HT earlier where someone actually did the math (I know- shocker-right? ) and initially some idiots were paying more for the stakers than it would cost to buy the amount of XPY they would yield in their lifetime + the coin(s) in them. Probably still happening, they are not a real bright bunch over there. P.S: That is not even getting into what the XPY will be worth in the future if you wait around for them to stake.... Yep, some of the asking prices don't make sense. Not sure if anyone is paying that much though. But I wouldn't be surprised, especially considering how obfuscated it all is - e.g. market pricing is in USD. Looks like a feeble attempt by GAW to create some BTC revenue via fees. Yeah it does. Here I cut and paste some samples its so varried some have diff amounts of xpy but you'll get the idea.  Sorry I got busy at work here before I could finish....  |
What has it got in its pocketses precious? BTC: 1KctJNLwzFK8qJPsSwDrQRNxxKnVCrZm93
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CanInvest
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Activity: 45
Merit: 0
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February 17, 2015, 07:38:05 PM
Last edit: February 17, 2015, 08:23:21 PM by Cyrus |
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Does it show anywhere how much time do the loaded Hashstakers have until their expiration? It looks like it just shows "3 months" or "6 months" but not how much of it remains.
what difference would it make? i am a sure someone can sell some to you if you are really interested in the details.... |
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coinits
Legendary
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Activity: 1582
Merit: 1019
011110000110110101110010
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February 17, 2015, 07:39:28 PM |
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Old news. About 200-300 pages |
Jump you fuckers! | The thing about smart motherfuckers is they sound like crazy motherfuckers to dumb motherfuckers. | My sig space for rent for 0.01 btc per week.
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IanFoxley
Legendary
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Activity: 910
Merit: 1000
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February 17, 2015, 07:58:27 PM
Last edit: February 17, 2015, 08:25:04 PM by Cyrus |
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Does it show anywhere how much time do the loaded Hashstakers have until their expiration? It looks like it just shows "3 months" or "6 months" but not how much of it remains.
what difference would it make? i am a sure someone can sell some to you if you are really interested in the details.... When you click to purchase, a box will come up with the info, and also tell you how many days are left etc. |
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KC6TTR
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February 17, 2015, 08:12:15 PM |
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Uhmmm... WTF? Thanks, but no thanks.  |
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Paul Revere
Sr. Member
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Activity: 406
Merit: 260
The Scamcoats are coming!
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February 17, 2015, 08:16:46 PM |
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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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vObh0n]6W
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February 17, 2015, 08:21:03 PM |
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I think I need to relearn economics; I'm not familiar with rule #1. |
Send tips here 1d5F2nmmRSDbCDfgBq1yrLQUooSprdAn4
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strangerdanger101
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February 17, 2015, 08:46:12 PM |
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lol man that dude freaks me out |
What has it got in its pocketses precious? BTC: 1KctJNLwzFK8qJPsSwDrQRNxxKnVCrZm93
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CloakT
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Activity: 56
Merit: 0
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February 17, 2015, 08:51:14 PM |
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The more I look at ziftrcoin, the more it resembles paycoin/paybase. All they need is a fascist forum and it will be almost a clone.
And by the way, that is the worst name for a coin I think I have ever seen, and there are some doozies out there.
Ziftrcoin is nothing like paycoin. Ziftrcoin guarantees a $1 value of your coins, for up to 5% of your order when your buying something from one of their vendors in their market. Essentially if you buy something from one of the stores in their market, for $100 the vendor gives ziftr a 10% affiliate fee ($10) then they guarantee you at east $5 for the coins you use to buy the product. -- So even still ziftr is making $5 on each of those purchases, even if the value of the coin is $0 Which is a horrible incentive. Compared to paycoin guaranteeing $20 a coin it does not resemble xpy much. Edit: http://ziftrtalk.org/ looks like they already have a forum too. Just missing all the bagholders, but they'll be there in a month or two. I don't know what you're talking about. Ziftr is almost an exact copy of paycoin/paybase. The $1 floor is no different from the $20 floor GAW promised and GAW also threw merchant discounts in to the feature list. Well apparently you don't know what your talking about either because it is not a $1 floor. it is a guarantee of $1 value up to 5% of your order when buying a product, not exchanging for usd or btc. |
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WaffleMaster
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February 17, 2015, 09:00:11 PM |
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The more I look at ziftrcoin, the more it resembles paycoin/paybase. All they need is a fascist forum and it will be almost a clone.
And by the way, that is the worst name for a coin I think I have ever seen, and there are some doozies out there.
Ziftrcoin is nothing like paycoin. Ziftrcoin guarantees a $1 value of your coins, for up to 5% of your order when your buying something from one of their vendors in their market. Essentially if you buy something from one of the stores in their market, for $100 the vendor gives ziftr a 10% affiliate fee ($10) then they guarantee you at east $5 for the coins you use to buy the product. -- So even still ziftr is making $5 on each of those purchases, even if the value of the coin is $0 Which is a horrible incentive. Compared to paycoin guaranteeing $20 a coin it does not resemble xpy much. Edit: http://ziftrtalk.org/ looks like they already have a forum too. Just missing all the bagholders, but they'll be there in a month or two. I don't know what you're talking about. Ziftr is almost an exact copy of paycoin/paybase. The $1 floor is no different from the $20 floor GAW promised and GAW also threw merchant discounts in to the feature list. Well apparently you don't know what your talking about either because it is not a $1 floor. it is a guarantee of $1 value up to 5% of your order when buying a product, not exchanging for usd or btc. Oh it's not a floor it's just a $1 guarantee of value for each coin...wait wut |
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CloakT
Newbie
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Activity: 56
Merit: 0
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February 17, 2015, 09:04:08 PM |
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The more I look at ziftrcoin, the more it resembles paycoin/paybase. All they need is a fascist forum and it will be almost a clone.
And by the way, that is the worst name for a coin I think I have ever seen, and there are some doozies out there.
Ziftrcoin is nothing like paycoin. Ziftrcoin guarantees a $1 value of your coins, for up to 5% of your order when your buying something from one of their vendors in their market. Essentially if you buy something from one of the stores in their market, for $100 the vendor gives ziftr a 10% affiliate fee ($10) then they guarantee you at east $5 for the coins you use to buy the product. -- So even still ziftr is making $5 on each of those purchases, even if the value of the coin is $0 Which is a horrible incentive. Compared to paycoin guaranteeing $20 a coin it does not resemble xpy much. Edit: http://ziftrtalk.org/ looks like they already have a forum too. Just missing all the bagholders, but they'll be there in a month or two. I don't know what you're talking about. Ziftr is almost an exact copy of paycoin/paybase. The $1 floor is no different from the $20 floor GAW promised and GAW also threw merchant discounts in to the feature list. Well apparently you don't know what your talking about either because it is not a $1 floor. it is a guarantee of $1 value up to 5% of your order when buying a product, not exchanging for usd or btc. Oh it's not a floor it's just a $1 guarantee of value for each coin...wait wut Well the person before me stated: it is an "exact copy of paycoin/paybase" mainly in reference to the promise of a floor. Paycoin promised you can exchange your coin for BTC at a $20 value. - Ziftrcoin promises if you buy something for $100 off their market, with ziftrcoin, at least 5 of those coins will be worth a dollar. I was merely pointing out how that is not close to being "exactly the same". Paycoin was much more ambitious with their promise, as ziftr is more or less providing a coupon that you can only use with them. |
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rokkyroad
Legendary
Offline
Activity: 1090
Merit: 1000
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February 17, 2015, 09:07:08 PM |
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The coin of the week is Zifter
Watch your money go down the Shitter
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" If you have to spam and shout to justify your existence then you are a shit coin." TaunSew
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alienesb
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February 17, 2015, 09:07:23 PM |
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Uhmmm... WTF? Thanks, but no thanks. Wow, he didn't even customize the invite... |
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jimmothy
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February 17, 2015, 09:23:21 PM |
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The more I look at ziftrcoin, the more it resembles paycoin/paybase. All they need is a fascist forum and it will be almost a clone.
And by the way, that is the worst name for a coin I think I have ever seen, and there are some doozies out there.
Ziftrcoin is nothing like paycoin. Ziftrcoin guarantees a $1 value of your coins, for up to 5% of your order when your buying something from one of their vendors in their market. Essentially if you buy something from one of the stores in their market, for $100 the vendor gives ziftr a 10% affiliate fee ($10) then they guarantee you at east $5 for the coins you use to buy the product. -- So even still ziftr is making $5 on each of those purchases, even if the value of the coin is $0 Which is a horrible incentive. Compared to paycoin guaranteeing $20 a coin it does not resemble xpy much. Edit: http://ziftrtalk.org/ looks like they already have a forum too. Just missing all the bagholders, but they'll be there in a month or two. I don't know what you're talking about. Ziftr is almost an exact copy of paycoin/paybase. The $1 floor is no different from the $20 floor GAW promised and GAW also threw merchant discounts in to the feature list. Well apparently you don't know what your talking about either because it is not a $1 floor. it is a guarantee of $1 value up to 5% of your order when buying a product, not exchanging for usd or btc. Wow you're right. Every time I dig deeper into Ziftr the more scammy it looks. So basically there's no guarantee or minimum at $1 despite it being plastered all over the website. Also notice how it says "Up to 5%"? So nobody should be surprised when they decide to only honor the $1 value for 0.0001% of your order. So here's what I've gathered so far: - Blatant lie about size of customer base ("existing user base of 2 million+ consumers") - Blatant lie about merchant base. ("tens of thousands of merchants") - Clear deception about "guaranteed" floor. - Massive premine - Coin comes packed with zero innovation - Only value adding feature (5% discount) has already been done well by other companies. (Fatwallet, Purse.io) How is this not a Garza scheme? |
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strangerdanger101
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February 17, 2015, 09:29:35 PM |
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The more I look at ziftrcoin, the more it resembles paycoin/paybase. All they need is a fascist forum and it will be almost a clone.
And by the way, that is the worst name for a coin I think I have ever seen, and there are some doozies out there.
Ziftrcoin is nothing like paycoin. Ziftrcoin guarantees a $1 value of your coins, for up to 5% of your order when your buying something from one of their vendors in their market. Essentially if you buy something from one of the stores in their market, for $100 the vendor gives ziftr a 10% affiliate fee ($10) then they guarantee you at east $5 for the coins you use to buy the product. -- So even still ziftr is making $5 on each of those purchases, even if the value of the coin is $0 Which is a horrible incentive. Compared to paycoin guaranteeing $20 a coin it does not resemble xpy much. Edit: http://ziftrtalk.org/ looks like they already have a forum too. Just missing all the bagholders, but they'll be there in a month or two. I don't know what you're talking about. Ziftr is almost an exact copy of paycoin/paybase. The $1 floor is no different from the $20 floor GAW promised and GAW also threw merchant discounts in to the feature list. Well apparently you don't know what your talking about either because it is not a $1 floor. it is a guarantee of $1 value up to 5% of your order when buying a product, not exchanging for usd or btc. Wow you're right. Every time I dig deeper into Ziftr the more scammy it looks. So basically there's no guarantee or minimum at $1 despite it being plastered all over the website. Also notice how it says "Up to 5%"? So nobody should be surprised when they decide to only honor the $1 value for 0.0001% of your order. So here's what I've gathered so far: - Blatant lie about size of customer base ("existing user base of 2 million+ consumers") - Blatant lie about merchant base. ("tens of thousands of merchants") - Clear deception about "guaranteed" floor. - Massive premine - Coin comes packed with zero innovation - Only value adding feature (5% discount) has already been done well by other companies. (Fatwallet, Purse.io) How is this not a Garza scheme?  I guess thats why BitJane endorses it man she loves a good scam. |
What has it got in its pocketses precious? BTC: 1KctJNLwzFK8qJPsSwDrQRNxxKnVCrZm93
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systematicdeception
Member
Offline
Activity: 154
Merit: 10
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February 17, 2015, 09:30:06 PM |
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How is this not a Garza scheme?
I love it!! Ponzi Scheme is so 1920... Can we not refresh the term a little? Garza Scheme! |
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Paul Revere
Sr. Member
Offline
Activity: 406
Merit: 260
The Scamcoats are coming!
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February 17, 2015, 09:31:00 PM
Last edit: February 17, 2015, 09:48:11 PM by Paul Revere |
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Uhmmm... WTF? Thanks, but no thanks.  Wow, he didn't even customize the invite... Wow, an invite from the Hash Jester. You should accept! |
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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bananafana
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February 17, 2015, 09:39:41 PM |
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How is this not a Garza scheme?
(1) Exaggeration and misleading claims vs. outright lies. (2) A plausible mechanism to achieve the discount vs. claims that make no sense at all. (3) Promised savings so small it's hard to understand why anyone finds it interesting, vs. big "get rich quick" promises. They have an existing company that does some kind of lame price comparison service unrelated to crypto. Their claims about millions of customers and millions of dollars and so on are about that. Really underwhelming when you see what it actually is. I think it's probably not a scam in the criminal sense, just a dumb idea with aggressive marketing. |
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msarro
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February 17, 2015, 09:43:18 PM |
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I think I need to relearn economics; I'm not familiar with rule #1. Pretty sure that it's not a rule, it's someone talking out their ass. If something gains utility and there is more demand than supply, the price will go up. Supply and demand are the only hard and fast rules in economics. |
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