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Author Topic: GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :)  (Read 3376997 times)
Jayjay04
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December 12, 2014, 06:18:22 PM
 #4881

Just hoping to see the prime's price go up !

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   `▀▀▀      ▂▄█████████▀▀    ,▄▄µ    ▀▀▀
          ▂▆████████▀▀    ,▄██████▌
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                      "▀▀▀╙
Hello!
STAKER
.The Next Proof-of-Stake.
KSmart Contract Tokene.














dekay
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December 12, 2014, 06:24:15 PM
 #4882

Just hoping to see the prime's price go up !
yeah everyone who upgraded is fcked cant sell u also cant mine btc when you upgrade
WaffleMaster
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December 12, 2014, 06:25:56 PM
 #4883

I lost only $40 to GAW (50% of my test run investment) when I found out the hashlets I bought for $6.20 were worth virtually nothing when they were paying out 1 satoshi per day on a consistent basis. I could lick a faucet one time a day and in that one time for one day make more than my hashlets ever could in a month. How sad is that?
subseaguru
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December 12, 2014, 06:43:33 PM
 #4884

hi all

Am  i the only who can not sort the miner by price or price /ghs on zencloud website ?
i had the same issue

suchmoon (OP)
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December 12, 2014, 07:49:08 PM
 #4885

WTF? From GAW-CEO at HT forums.

Quote
Question: So 5.5 million of the 12.5 million will be minted in the POW phase. So I WANT at 1 million.

Answer: We had to reserve far more, almost double. We had a lot of large investors come in at the end. We extended the customer mining period. We also gave out coins to prime owners

So what's the point of the PoW phase? There's about 1.5 million coins, and GAW's going to throw all of the hashpower they free up from converting Genesis, plus any they had for their own mining, plus whatever portion of ZenPool that's SHA-256 and freed up from converting Zens and Primes. That's a lot of cycles, and they're probably going to come away with almost all of those coins. Why didn't they just "reserve" them, too, and skip the PoW? What's the point of it?

There is no reason to throw any hashpower at it. They already have the vast majority of the coins ensuring 50%+ control of staking and everything else. They can leave those 1.5 million coins to whoever wants them, if there is actually going to be any public POW mining possibility. Since the coin is not quoted on any exchange the only ones mining it would be those who believe the lofty valuation.
dekay
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December 12, 2014, 07:56:42 PM
 #4886

hi all

Am  i the only who can not sort the miner by price or price /ghs on zencloud website ?
i had the same issue

It's part of the new upgrade to make things easier Cheesy
yup josh approved
eightcylinders
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December 12, 2014, 08:03:07 PM
 #4887

No one on HT seems keen to answer my simple questions so maybe someone here can provide answers.

1) What is the technical means by which a "staked" Paycoin will be prevented from being spent/transferrred?

2) If I stake a Paycoin in a Hashtaker wallet, will that coin remain in my wallet or will it be transferred (temporarily) to somewhere else? 

2a) If the staked coins are transferred out of my wallet, then where do they go (the trust, GAW, Prime Controllers, God)?

2b) If the staked coins remain in my wallet, what is the technical means by which spending and transferring are prohibited?

Is any of this spelled out anywhere?  If not for Paycoin, then for any other PoS coins?

It seems critical to prevent double stake + spend so I would imagine there is a good answer for this, given that the wallet is due to launch any minute now.

My BTC Addres: 1PMEJCY6ofqmnAdYbdQqToZ7MNSAz35w7v
=>Buy the world's first hardware wallet.   Safer than paper and easier to use than smartphones.  If you use Bitcoin you need this: Buy Trezor!!
dekay
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December 12, 2014, 08:05:05 PM
 #4888

what gangs are down in missipi were josh is at btw screw hireing pi's lets crowd fund his death sentence lol after the ponzi collapse whats the adress to his church we needthese intel ill donate some from my next c line
bitpop
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December 12, 2014, 08:07:19 PM
 #4889

Let's get Josh fucked up on coke

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December 12, 2014, 08:07:47 PM
 #4890

what gangs are down in missipi were josh is at btw screw hireing pi's lets crowd fund his death sentence lol after the ponzi collapse whats the adress to his church we needthese intel ill donate some from my next c line

Sometimes I can't understand what you are saying.
suchmoon (OP)
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December 12, 2014, 08:09:42 PM
 #4891

No one on HT seems keen to answer my simple questions so maybe someone here can provide answers.

1) What is the technical means by which a "staked" Paycoin will be prevented from being spent/transferrred?

2) If I stake a Paycoin in a Hashtaker wallet, will that coin remain in my wallet or will it be transferred (temporarily) to somewhere else?  

2a) If the staked coins are transferred out of my wallet, then where do they go (the trust, GAW, Prime Controllers, God)?

2b) If the staked coins remain in my wallet, what is the technical means by which spending and transferring are prohibited?

Is any of this spelled out anywhere?  If not for Paycoin, then for any other PoS coins?

It seems critical to prevent double stake + spend so I would imagine there is a good answer for this, given that the wallet is due to launch any minute now.

Are you talking about HashStaker, or your own wallet (5% APY)?

HashStaker is just a widget on a website, you don't own private keys, so it's easy to prevent spending, no cryptographical magic needed. Coins should be sitting in cold storage, but there was some talk about them being loaned for merchant transactions, so I don't know that part.

Your own wallet stakes only as long as the coin remains in it. Again, no need to prevent spending, as soon as you spend it staking stops.
bitpop
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December 12, 2014, 08:10:52 PM
 #4892

what gangs are down in missipi were josh is at btw screw hireing pi's lets crowd fund his death sentence lol after the ponzi collapse whats the adress to his church we needthese intel ill donate some from my next c line

Sometimes I can't understand what you are saying.

Intel is info. C line is wholesale trade, he does some business. Pi private investigator.

dekay
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December 12, 2014, 08:11:10 PM
 #4893

Let's get Josh fucked up on coke
no ghb and drag him into crack heads house and pour salt on him and rub ice blocks on him till he screams
bitpop
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December 12, 2014, 08:12:39 PM
 #4894

Let's get Josh fucked up on coke
no ghb and drag him into crack heads house and pour salt on him and rub ice blocks on him till he screams

I'd love to take over his body, so many possibilities

eightcylinders
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December 12, 2014, 08:13:23 PM
 #4895

No one on HT seems keen to answer my simple questions so maybe someone here can provide answers.

1) What is the technical means by which a "staked" Paycoin will be prevented from being spent/transferrred?

2) If I stake a Paycoin in a Hashtaker wallet, will that coin remain in my wallet or will it be transferred (temporarily) to somewhere else? 

2a) If the staked coins are transferred out of my wallet, then where do they go (the trust, GAW, Prime Controllers, God)?

2b) If the staked coins remain in my wallet, what is the technical means by which spending and transferring are prohibited?

Is any of this spelled out anywhere?  If not for Paycoin, then for any other PoS coins?

It seems critical to prevent double stake + spend so I would imagine there is a good answer for this, given that the wallet is due to launch any minute now.

Are you talking about HashStaker, or your own wallet (5% APY)?

HashStaker is just a widget on a website, you don't own private keys, so it's easy to prevent spending, no cryptographical magic needed. Coins should be sitting in cold storage, but there was some talk about them being loaned for merchant transactions, so I don't know that part.

Your own wallet stakes only as long as the coin remains in it. Again, no need to prevent spending, as soon as you spend it staking stops.

I thought there would be a downloadable Hashtaker  wallet.  No?  So basically "staking" in Hashtaker means you are loaning your Paycoin to GAW for 3-6 months?  Aha.

My BTC Addres: 1PMEJCY6ofqmnAdYbdQqToZ7MNSAz35w7v
=>Buy the world's first hardware wallet.   Safer than paper and easier to use than smartphones.  If you use Bitcoin you need this: Buy Trezor!!
bitpop
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December 12, 2014, 08:14:47 PM
 #4896

No one on HT seems keen to answer my simple questions so maybe someone here can provide answers.

1) What is the technical means by which a "staked" Paycoin will be prevented from being spent/transferrred?

2) If I stake a Paycoin in a Hashtaker wallet, will that coin remain in my wallet or will it be transferred (temporarily) to somewhere else? 

2a) If the staked coins are transferred out of my wallet, then where do they go (the trust, GAW, Prime Controllers, God)?

2b) If the staked coins remain in my wallet, what is the technical means by which spending and transferring are prohibited?

Is any of this spelled out anywhere?  If not for Paycoin, then for any other PoS coins?

It seems critical to prevent double stake + spend so I would imagine there is a good answer for this, given that the wallet is due to launch any minute now.

Are you talking about HashStaker, or your own wallet (5% APY)?

HashStaker is just a widget on a website, you don't own private keys, so it's easy to prevent spending, no cryptographical magic needed. Coins should be sitting in cold storage, but there was some talk about them being loaned for merchant transactions, so I don't know that part.

Your own wallet stakes only as long as the coin remains in it. Again, no need to prevent spending, as soon as you spend it staking stops.

I thought there would be a downloadable Hashtaker  wallet.  No?  So basically "staking" in Hashtaker means you are loaning your Paycoin to GAW for 3-6 months?  Aha.

A real pos would stake for free on your computer

dekay
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December 12, 2014, 08:17:47 PM
 #4897

fck if u drove 50pack from bc to toronto thats enough profit to scare this faggot josh im mad at u josh principal ur bs fckin wit crypto thats also how we launder our cash ur bad for bizz i hope the criminal crypto community can get together when u fck up on the deep web like the mt gox ceo i presume ill be placein bets on when u will expire to create insetive
suchmoon (OP)
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December 12, 2014, 08:21:24 PM
 #4898

I thought there would be a downloadable Hashtaker  wallet.  No?  So basically "staking" in Hashtaker means you are loaning your Paycoin to GAW for 3-6 months?  Aha.

Bingo.

A real pos would stake for free on your computer

But 400% !!!

Actually they are promising a downloadable wallet that would stake for free at 5% APY, but it's not quite clear if or when that will happen.
coinmaster222
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December 12, 2014, 08:23:01 PM
 #4899

Might as well close this thread its degraded into complete and utter rubbish.

dekay
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December 12, 2014, 08:26:26 PM
 #4900

Might as well close this thread its degraded into complete and utter rubbish.
dude on the 19th shits not even exploded yet wait till the 19th when the lemmings find out they cant dump
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