paycum
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March 03, 2015, 06:58:39 AM |
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wow huge dump, but i managed to scoop 7btc at 11k already 100% profit in 5 minutes lol...seems worst is over.. I noticed there was a bunch of buy orders and the price climbed from .001 to .0027 really quickly since the whole order book was wiped. yeah unreal...already up 14btc profit lol, tempting to sell into those buy orders, but am afraid i drive the price down again...have cashed out a little to secure profit...will go to bed now and wait for a surprise in the morning....hope i wont be sorry by then
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SDRebel
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March 03, 2015, 07:21:41 AM |
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@sdrebel -- on HT you wrote "i believe a fair comparison would be that faking a dkim signature is as easy as solving a btc block. it can happen, but it takes a shitload of computing power to do it"
Nope, that's not right, if by solving a block you mean a miner generating a new block.
It's more like faking a DKIM signature is like finding the private key for an already-generated address, i.e., being able to spend someone else's bitcoins without knowing their private key. Bitcoin is secure because that's so *extremely* computationally difficult. Much harder than generating a candidate block for the blockchain.
this is probably over my head...but isn't that basically the same as solving a block? or not because solving a block is an approximation and for the KDIM we would need the exact key? Don't quote me on this, but the problem the miners solve is a completely different problem. You can generate a hash easily enough, but to be a candidate block for the block chain you have to find a hash that has a certain property -- it has to begin with a certain number of zeros. To increase the difficulty you just increase the number of zeros required. There are an enormous number of hashes that would be valid, but you just have to find one. So you generate as many as you can, as fast as you can, and hope you're the first to find a valid hash. To forge a DKIM signature, or to spend someone's bitcoin without knowing their private key, you have to solve a problem that's much harder. There's only one right answer and you have to find that exact answer. As far as anyone (outside the NSA anyway) knows the only way to solve it is by brute force, and if that's true then even if you could harness all the hash power of all the bitcoin miners in the world your bitcoins would still be safe. thanks, that's what I was thinking once you corrected me
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SDRebel
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March 03, 2015, 07:23:46 AM |
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XPY down to 0.0025 I think that thread is making a big dent Oh wow, I didn't see that. Maybe it will hit my $.50 target after-all. Now I gotta figure out where to get some BTC to buy some more. haha So what's the catalyst for this drop? Must be the news about PayBase being hacked. I really should have traded/sold half my position as soon as I heard about that yesterday. Well, now I'm actually hoping we hit $.50, I think lots of people would panic dump at that level so I would probably average down there if I can clear some BTC. Thanks for the update! i'm late to the party, was busy at HT and gethashing, but it hit 0.0011 in case you missed it I think it was mostly the coinfire article (with info we already knew about ) and the lack of response. This thread has been good https://hashtalk.org/topic/32948/gaw-needs-to-respond-to-this/3
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SDRebel
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March 03, 2015, 07:27:41 AM |
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Don't tell Vlad that it's 25k USD, not XPY, he might get too excited for his own good. His lack of basic reading comprehension is quite entertaining.
for the most part it's not that, it's just that he has only read about 1% of this thread. he lacks all the facts. You're making a brave assumption that Vlad wants the facts . I don't think he does, the facts are all over the place and he refuses to look at them even when shoved directly in his face. the third one is about -7 days old
In this case you should be banned from the forums for a few months at least well, let me tell you, the wife isnt' happy whenever she asks me what I'm doing and I tell her that i'm reading about mining stuff (truth be told GAW-related stopped being mining related ages ago
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SDRebel
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March 03, 2015, 07:30:16 AM |
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SDRebel
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March 03, 2015, 07:31:35 AM |
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Mr. Ganza didnt marry rich. if you would have read the continuation of that. it was a wild rumor only and was shot down Mr. Ganza barely graduated from high school
anyways it doesnt really matter if he was rich or not when he started. most people want to accumulate more wealth. you pick the weirdest straw mans
Wrong. It is a statistical fact that poor people are more likely to commit crimes due to poverty. I'm not a socialist so I don't blame crime on a lack of money - it's a lack of morals, but one cannot ignore outright statistics. Poverty does not create crime but it does increase its frequency. And sure some rich people are greedy and will commit crimes to get more rich, welcome to Wall Street - but how likely is it that someone who is already rich would continue to commit these supposed crimes while the SEC is investigating them?Sorry statistics and facts are straw-man arguments to you. And sorry I keep asking simple questions which you guys simply can NOT answer. Because Josh is most likely a Psychopath... at the very least, a Sociopath. http://www.diffen.com/difference/Psychopath_vs_SociopathIt seems to me that Josh's behavior fits pretty well in column A. you know, i've been entertaining that idea the last couple of days. I do believe that would fit a lot of his words/actions
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Coin Brief
Newbie
Offline
Activity: 51
Merit: 0
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March 03, 2015, 07:45:16 AM |
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XPY down to 0.0025 I think that thread is making a big dent Oh wow, I didn't see that. Maybe it will hit my $.50 target after-all. Now I gotta figure out where to get some BTC to buy some more. haha So what's the catalyst for this drop? Must be the news about PayBase being hacked. I really should have traded/sold half my position as soon as I heard about that yesterday. Well, now I'm actually hoping we hit $.50, I think lots of people would panic dump at that level so I would probably average down there if I can clear some BTC. Thanks for the update! i'm late to the party, was busy at HT and gethashing, but it hit 0.0011 in case you missed it I think it was mostly the coinfire article (with info we already knew about ) and the lack of response. This thread has been good https://hashtalk.org/topic/32948/gaw-needs-to-respond-to-this/3Not Coinfire! Coin Brief We have been around for longer than Coinfire...just haven't been as vocal about GAW for as long as they have been.
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SDRebel
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March 03, 2015, 07:48:14 AM |
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XPY down to 0.0025 I think that thread is making a big dent Oh wow, I didn't see that. Maybe it will hit my $.50 target after-all. Now I gotta figure out where to get some BTC to buy some more. haha So what's the catalyst for this drop? Must be the news about PayBase being hacked. I really should have traded/sold half my position as soon as I heard about that yesterday. Well, now I'm actually hoping we hit $.50, I think lots of people would panic dump at that level so I would probably average down there if I can clear some BTC. Thanks for the update! i'm late to the party, was busy at HT and gethashing, but it hit 0.0011 in case you missed it I think it was mostly the coinfire article (with info we already knew about ) and the lack of response. This thread has been good https://hashtalk.org/topic/32948/gaw-needs-to-respond-to-this/3Not Coinfire! Coin Brief We have been around for longer than Coinfire...just haven't been as vocal about GAW for as long as they have been. oops...well, clearly not my fault, i posted very recently that I had 2 (almost 3) little monsters that consumed my oxygen and time....no, really ,my bad. no excuses.
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SDRebel
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March 03, 2015, 07:50:04 AM |
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XPY down to 0.0025 I think that thread is making a big dent Oh wow, I didn't see that. Maybe it will hit my $.50 target after-all. Now I gotta figure out where to get some BTC to buy some more. haha So what's the catalyst for this drop? Must be the news about PayBase being hacked. I really should have traded/sold half my position as soon as I heard about that yesterday. Well, now I'm actually hoping we hit $.50, I think lots of people would panic dump at that level so I would probably average down there if I can clear some BTC. Thanks for the update! i'm late to the party, was busy at HT and gethashing, but it hit 0.0011 in case you missed it I think it was mostly the coinfire article (with info we already knew about ) and the lack of response. This thread has been good https://hashtalk.org/topic/32948/gaw-needs-to-respond-to-this/3Not Coinfire! Coin Brief We have been around for longer than Coinfire...just haven't been as vocal about GAW for as long as they have been. actually, i didn't really read the article, i knew most of the content already. A lot of people confused it with coinfire and I just went with it...again , my bad, i should know better
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Coin Brief
Newbie
Offline
Activity: 51
Merit: 0
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March 03, 2015, 07:55:51 AM |
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XPY down to 0.0025 I think that thread is making a big dent Oh wow, I didn't see that. Maybe it will hit my $.50 target after-all. Now I gotta figure out where to get some BTC to buy some more. haha So what's the catalyst for this drop? Must be the news about PayBase being hacked. I really should have traded/sold half my position as soon as I heard about that yesterday. Well, now I'm actually hoping we hit $.50, I think lots of people would panic dump at that level so I would probably average down there if I can clear some BTC. Thanks for the update! i'm late to the party, was busy at HT and gethashing, but it hit 0.0011 in case you missed it I think it was mostly the coinfire article (with info we already knew about ) and the lack of response. This thread has been good https://hashtalk.org/topic/32948/gaw-needs-to-respond-to-this/3Not Coinfire! Coin Brief We have been around for longer than Coinfire...just haven't been as vocal about GAW for as long as they have been. oops...well, clearly not my fault, i posted very recently that I had 2 (almost 3) little monsters that consumed my oxygen and time....no, really ,my bad. no excuses. Its ok. I don't really care. I'm just glad that it helped get people to pay attention to the emails. Before I posted that, most of those were sitting between 200 and 300 views.
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Vlad2Vlad
Legendary
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Activity: 3052
Merit: 1534
www.ixcoin.net
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March 03, 2015, 08:57:49 AM |
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wow huge dump, but i managed to scoop 7btc at 11k already 100% profit in 5 minutes lol...seems worst is over.. I noticed there was a bunch of buy orders and the price climbed from .001 to .0027 really quickly since the whole order book was wiped. Very strange. Not sure what to make of it. Yeah, someone is buying up like crazy? Why? These emails could have been leaked to freak people out into selling. And I have not one BTC to buy at this price. SHIT!!!! Somebody tell me why XPY isn't at 1 penny given this current shitstorm?
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iXcoin - Welcome to the F U T U R E!
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Mi5h0
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March 03, 2015, 09:01:36 AM |
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I'm just glad that there are such good people like Coin Brief and Coinfire guys. Let the truth be heard!
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Vlad2Vlad
Legendary
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Activity: 3052
Merit: 1534
www.ixcoin.net
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March 03, 2015, 09:05:31 AM |
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I'm just glad that there are such good people like Coin Brief and Coinfire guys. Let the truth be heard!
Can they tell us who leaked these emails and when? Why now? The timing is interesting.
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iXcoin - Welcome to the F U T U R E!
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5ick3uffalo
Legendary
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Activity: 994
Merit: 1000
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March 03, 2015, 09:08:59 AM |
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Why is Paycoin trading still at 0.002BTC? Should be lower than Dodge Coin now.
And should be WAY lower than Paycon because Paycon is the much better coin in MANY ways.
Paycon doesn´t need Hybrid Flex Proof of Reserve whatever- it´s rocking Proof of Facebook and Proof of Developer.
Crestington is an amazing dev.
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BTC: 1Dw9feZAGSeHvaiQ55T7C92VAAXB2nVKKk
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Vlad2Vlad
Legendary
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Activity: 3052
Merit: 1534
www.ixcoin.net
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March 03, 2015, 09:14:41 AM |
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I read the entire coin-brief article and what a shitstorm.
But here is something to think about.
A very rich middle eastern investor put $4+ million into PayCoin at $4+.
It was pocket change given he said he bought a La Ferrari which is about $2 million.
This guy, Rishab, suggests towards the end that they develop a real promotion for PayCoin, a plan to actually get the value to the promised $20, or maybe higher.
So if Garza hasn't been the shadow buyer all this time, then it's probably Rishab, trying to average down before he drops another $4 million to get PayCoin up so he can regain his investment back.
If Rishab has $2 million for a car then this massive problem could be nothing more than an interesting challenge for him and i wouldn't be surprised if Rishab himself didn't leak the emails himself to kill the price.
At one point they say to kill the price to squeeze out all the small investors. Exactly what I have been saying about all big budget coins like MaxCoin, NAUT, and even XPY. These big investors know they have to pump millions into their coins to add value so they want to be able to own as many coins as possible to get their investment back plus a profit.
To anyone who says this is bullshit: Explain to me how XPY is still holding up so well after these leaked emails and after all the supposed dumped premine and huge inflation?
There is no way, XPY should be at sub 1 penny right now and forgotten about.
So who is Buying up XPY en masse on every single drop?
At least it hit my target of $.50 - sadly I couldn't buy any at that price. What a huge missed opportunity.
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iXcoin - Welcome to the F U T U R E!
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bubbaj
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March 03, 2015, 09:15:23 AM |
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Well this thread will more than likely be made redundant within a week, there is no way GAW or XPY will come back from this. So well done Josh, you have made yourself rich whilst others have lost a heck of a lot of money.
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Puppet
Legendary
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Activity: 980
Merit: 1040
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March 03, 2015, 09:16:22 AM |
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Somebody tell me why XPY isn't at 1 penny given this current shitstorm?
Because there are always a few suckers who essentially bet on making a profit from even bigger suckers than themselves. Given how foolish the paycoin crowd is, that might even be a reasonable bet, if it werent for garza&co cleaning out the buy orders every so often with their unlimited supply of XPY..
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clownius
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March 03, 2015, 09:16:42 AM |
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Well the recovery didnt last long its sliding again fast.
Hope we dont see headlines about suicides over this shit. Im sure Bitcoin will get the blame.
Edit: 0.0021 and dropping
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Vlad2Vlad
Legendary
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Activity: 3052
Merit: 1534
www.ixcoin.net
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March 03, 2015, 09:18:08 AM |
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Why is Paycoin trading still at 0.002BTC? Should be lower than Dodge Coin now.
And should be WAY lower than Paycon...
This is one of many questions which I have had for a week now which no one can answer . There is a massive deep pocket whale that is buying up all the XPY on every single drop. These leaked emails were planned. Look at the buy action on the "bad news". They couldn't get investors to dump their coins so they leaked these emails and freaked out enough sheep to buy up a couple hundred thousand coins. Maybe half a million XPY. Rishab just lowered his average. haha! Nicely played!
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iXcoin - Welcome to the F U T U R E!
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clownius
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March 03, 2015, 09:20:26 AM |
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First real support appears to be at 0.002022 and then more at 0.002012
Just dust changing hands otherwise
Edit: 300xpy sell knocked it down to 0.00205 in one go
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