Phildo
Legendary
Offline
Activity: 1526
Merit: 1000
|
|
December 16, 2014, 04:53:30 PM |
|
Thats the better question where are the buyers coming from. By Friday most will be mined and most will convert HP to XPY . So who is going to buy - but it that is the 64 million dollar question.
That's why i don't understand how anyone thinks this is going to work. The "investors" gave josh cash. Josh is going to use that cash to give the "miners" cash in exchange for paycoins and hashpoints. Those coins will go into "stakers" to "make" more coins. How are those coins going to get turned back into cash for the "investors?" Investors took a gamble on Paycoin mainstream adoption. What is this "mainstream adoption?" According to GAW's plan, by Friday you can buy paycoins for 20 bucks and use them to get 20 bucks worth of stuff. How do the people who paid 20 for a coin get anything out of it?
|
|
|
|
bitpop
Legendary
Offline
Activity: 2912
Merit: 1060
|
|
December 16, 2014, 04:54:07 PM |
|
Thats the better question where are the buyers coming from. By Friday most will be mined and most will convert HP to XPY . So who is going to buy - but it that is the 64 million dollar question.
That's why i don't understand how anyone thinks this is going to work. The "investors" gave josh cash. Josh is going to use that cash to give the "miners" cash in exchange for paycoins and hashpoints. Those coins will go into "stakers" to "make" more coins. How are those coins going to get turned back into cash for the "investors?" Investors took a gamble on Paycoin mainstream adoption. What is this "mainstream adoption?" According to GAW's plan, by Friday you can buy paycoins for 20 bucks and use them to get 20 bucks worth of stuff. How do the people who paid 20 for a coin get anything out of it? Innovation of course
|
|
|
|
alienesb
|
|
December 16, 2014, 04:54:35 PM |
|
It's great to see just how principled you folks are over here.
The majority of you have said, time and again, that you wouldn't touch anything GAW-related with a '1000 foot pole' yet you all are knowingly participating in Paycoin by mining, renting to paycoin miners...
Let's just call a spade a spade - not one of you has the discipline to keep your angry, grubby hands out of the bucket. Your stated intentions with this thread were to make sure no money fell into GAW's hands while people get scammed (something you've failed to prove, BTW) - and now each and every one of you is showing your true colors by being the same greedy assholes you say the folks participating in Paycoin are.
I will not visit this thread again. I've seen enough. Not a single one of you has any moral high ground to stand on anymore (not that you did before either - but the events of the last five days have unmasked every single one of you for what you are - trolls in the truest sense of the word).
Alienesb - you should have the brains to at least anonymously mine at suchpool dipshit - to come here and claim to be a hater to be with your chosen kind, then rent 50TH to mine Paycoin there - well, you are the biggest dipshit of all of these guys. You turned your back on GAW, became a buddy to those here, then you're turning coat yet again by mining the shit out of Paycoin.
To hell with the lot of you. Time will prove out GAW and Josh's work. You guys can scream expletives from the sidelines all you want.
Amen my friend!! These guys are jus a bunch of FRUSTRATED pseudo-folks. I feel for them, for their frustration. Damn, missed that there rootdood. Why should I hide like the rest of your kind here? I use the same nick because I don't have to hide or shill or any of the nonsense you morons do to justify whatever it is you feel you are doing. I'm mining and dumping and making ROI every time I do so. Keep the price high so I can continue to do this and keep the price high so when I dump on Friday I can make more. Thanks!
|
|
|
|
lrgbit
Newbie
Offline
Activity: 38
Merit: 0
|
|
December 16, 2014, 04:55:02 PM |
|
Oh, sorry. You can also buy exclusive USB keys for $99 pre loaded with a Hashlet (cost 5 paycoins). Or a hat.
|
|
|
|
jackbox
Legendary
Offline
Activity: 1246
Merit: 1024
|
|
December 16, 2014, 04:55:21 PM |
|
Thats the better question where are the buyers coming from. By Friday most will be mined and most will convert HP to XPY . So who is going to buy - but it that is the 64 million dollar question.
That's why i don't understand how anyone thinks this is going to work. The "investors" gave josh cash. Josh is going to use that cash to give the "miners" cash in exchange for paycoins and hashpoints. Those coins will go into "stakers" to "make" more coins. How are those coins going to get turned back into cash for the "investors?" Investors took a gamble on Paycoin mainstream adoption. What is this "mainstream adoption?" According to GAW's plan, by Friday you can buy paycoins for 20 bucks and use them to get 20 bucks worth of stuff. How do the people who paid 20 for a coin get anything out of it? You can buy $20 worth of PayCoin Hashlet Multi with your XPY. He never said you can get actual $20 cash money for them.
|
|
|
|
suchmoon (OP)
Legendary
Offline
Activity: 3850
Merit: 9087
https://bpip.org
|
|
December 16, 2014, 04:55:32 PM |
|
hurry post this on ht wit link so we can see the lemmings freakout
Most won't be moved by it over there, they will just wait for their leader to tell them anything, and that will suffice. I just emailed Zincsave about this.. Lets see if they reply. Someone mentioned they changed the pic on their site? Maybe Zinc did contact them They, the followers are blind, say something... yes, gawsome, great etc.. Gaw bought zinc, i don't have doubts about that, just spent some victim money Depends on the definition of "bought", it could be "googled up a screenshot" or "promised three metric tons on XPY to the original developer". By the way someone predicted exactly that (a plugin) a while ago here or in the old thread, I wonder if that's where the idea was taken from
|
|
|
|
raskul
|
|
December 16, 2014, 04:56:01 PM |
|
-snip- Or a hat.
|
tips 1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
|
|
|
anti_gaw_DONKEY_KONG_DK
Newbie
Offline
Activity: 14
Merit: 0
|
|
December 16, 2014, 04:56:40 PM |
|
520btc on coin swap how much more btc is required to reach enough volume for a real exchange to accept shit coin
|
|
|
|
raskul
|
|
December 16, 2014, 04:58:04 PM |
|
520btc on coin swap how much more btc is required to reach enough volume for a real exchange to accept shit coin
real exchanges don't accept stocks, currencies or commodities on volume alone, they do so on the assets upon which they are backed. the only 'asset' that this coin has, is dilution.
|
tips 1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
|
|
|
jackbox
Legendary
Offline
Activity: 1246
Merit: 1024
|
|
December 16, 2014, 04:58:24 PM |
|
Why can't free and paid Hashlet Genesis mine XPY. They are, after all, "SHA" rigs! Wah blah ha ha.
|
|
|
|
lrgbit
Newbie
Offline
Activity: 38
Merit: 0
|
|
December 16, 2014, 04:59:32 PM |
|
Exchange paycoin for fiat!
923.4 XPY gets you one rusty old exhaust for a fiat Punto.
|
|
|
|
Phildo
Legendary
Offline
Activity: 1526
Merit: 1000
|
|
December 16, 2014, 05:00:08 PM |
|
Why can't free and paid Hashlet Genesis mine XPY. They are, after all, "SHA" rigs! Wah blah ha ha. The fact that took this long for this question to be asked shows a lot.
|
|
|
|
suchmoon (OP)
Legendary
Offline
Activity: 3850
Merit: 9087
https://bpip.org
|
|
December 16, 2014, 05:01:28 PM |
|
Thanks for the answers, that is what I had pretty much summed up myself. I guess the question is whether to try to be one of the guys who gets a $20 buyback before the show money runs out and they slam the doors shut on the buyback window. I have been renting out my rigs these past days to the "believers" and was just wondering if maybe I was missing something and should mine some of this latest greatest scamcoin myself. Multicoin pool is showing about a 10 XPY/day potential for my 1.8 Th, and at the current going rate of $9 would = $90, which is right about what some fools are paying me to mine today.
I doubt it's anywhere near 10 XPY per day for that hashrate, more like 5, and it's less than $9 now too. I other words, renting out is a safer bet in a declining market like this - if your ultimate goal is BTC, and not XPY.
|
|
|
|
suchmoon (OP)
Legendary
Offline
Activity: 3850
Merit: 9087
https://bpip.org
|
|
December 16, 2014, 05:04:35 PM |
|
i'm sure that there is no doubt that there is profit for those who are mining, as long as they are swapping it straight to BTC on the toy exchanges. But there is not a single honest and real assurance made by GAW that it will be worth holding onto. Hence why i'm playing safe and just renting out my rigs for all the BTC I can muster while this phenomenon lasts.
Certainly a smart move on your part. But Im just curious what the catch is for miners (if there isnt one, the network would be much faster by now). Does it have something to do with the proof of stake, or how long it takes for these things to mature? If you're dumping for BTC - no catch other that the risk of the exchange rate collapsing in the ~2 hours it takes the coins to mature. Profitability is slowly declining but still fairly good. If you're hodling - that's been covered already I think.
|
|
|
|
anti_gaw_DONKEY_KONG_DK
Newbie
Offline
Activity: 14
Merit: 0
|
|
December 16, 2014, 05:04:47 PM |
|
Thanks for the answers, that is what I had pretty much summed up myself. I guess the question is whether to try to be one of the guys who gets a $20 buyback before the show money runs out and they slam the doors shut on the buyback window. I have been renting out my rigs these past days to the "believers" and was just wondering if maybe I was missing something and should mine some of this latest greatest scamcoin myself. Multicoin pool is showing about a 10 XPY/day potential for my 1.8 Th, and at the current going rate of $9 would = $90, which is right about what some fools are paying me to mine today.
I doubt it's anywhere near 10 XPY per day for that hashrate, more like 5, and it's less than $9 now too. I other words, renting out is a safer bet in a declining market like this - if your ultimate goal is BTC, and not XPY. yeah but ht retards have lost grip with reality josh told them there worth 20$
|
|
|
|
suchmoon (OP)
Legendary
Offline
Activity: 3850
Merit: 9087
https://bpip.org
|
|
December 16, 2014, 05:05:17 PM |
|
Whats the exact time of that paybase thing opening? with timezone anyone knows? Last word was Friday, no exact time given. That was before XPY mining was extended to Saturday, so it may no longer be true.
|
|
|
|
WaffleMaster
|
|
December 16, 2014, 05:07:58 PM |
|
Get ready to buy usb drives, zenHashlet hoodies, hats, shirts, the whole shebang! Buy more hashlets or stakers! You'll be decked out in Paycoin and GAW gear in no time after this Friday bros! Sorry you can't actually cash out, just buy more GAW shit. Just what you wanted :')
|
|
|
|
suchmoon (OP)
Legendary
Offline
Activity: 3850
Merit: 9087
https://bpip.org
|
|
December 16, 2014, 05:10:21 PM |
|
It's great to see just how principled you folks are over here.
The majority of you have said, time and again, that you wouldn't touch anything GAW-related with a '1000 foot pole' yet you all are knowingly participating in Paycoin by mining, renting to paycoin miners...
Let's just call a spade a spade - not one of you has the discipline to keep your angry, grubby hands out of the bucket. Your stated intentions with this thread were to make sure no money fell into GAW's hands while people get scammed (something you've failed to prove, BTW) - and now each and every one of you is showing your true colors by being the same greedy assholes you say the folks participating in Paycoin are.
I will not visit this thread again. I've seen enough. Not a single one of you has any moral high ground to stand on anymore (not that you did before either - but the events of the last five days have unmasked every single one of you for what you are - trolls in the truest sense of the word).
Alienesb - you should have the brains to at least anonymously mine at suchpool dipshit - to come here and claim to be a hater to be with your chosen kind, then rent 50TH to mine Paycoin there - well, you are the biggest dipshit of all of these guys. You turned your back on GAW, became a buddy to those here, then you're turning coat yet again by mining the shit out of Paycoin.
To hell with the lot of you. Time will prove out GAW and Josh's work. You guys can scream expletives from the sidelines all you want.
You're being disrespectful. Bad dog. Your diatribe would have carried a lot more weight if you had the patience to wait until after "time has proven". But something tells me you won't resist coming back and gloating if that happens. Might take a while though. Take care.
|
|
|
|
jackbox
Legendary
Offline
Activity: 1246
Merit: 1024
|
|
December 16, 2014, 05:10:56 PM |
|
Get ready to buy usb drives, zenHashlet hoodies, hats, shirts, the whole shebang! Buy more hashlets or stakers! You'll be decked out in Paycoin and GAW gear in no time after this Friday bros! Just what you wanted :') And don't forget Josh has lined up master artist's to tattoo HashStakers on everyone's body (especially boobies and butts) for 1 XPY per tattoo.
|
|
|
|
Paul Revere
Sr. Member
Offline
Activity: 406
Merit: 260
The Scamcoats are coming!
|
|
December 16, 2014, 05:11:48 PM |
|
Thanks for the answers, that is what I had pretty much summed up myself. I guess the question is whether to try to be one of the guys who gets a $20 buyback before the show money runs out and they slam the doors shut on the buyback window. I have been renting out my rigs these past days to the "believers" and was just wondering if maybe I was missing something and should mine some of this latest greatest scamcoin myself. Multicoin pool is showing about a 10 XPY/day potential for my 1.8 Th, and at the current going rate of $9 would = $90, which is right about what some fools are paying me to mine today.
I doubt it's anywhere near 10 XPY per day for that hashrate, more like 5, and it's less than $9 now too. I other words, renting out is a safer bet in a declining market like this - if your ultimate goal is BTC, and not XPY. This seems to be the logical choice, and the one I have made thus far although I have the wallet and signed for yet another pool so I could give this a whirl if it was indeed going to show a better return. Oh well, I guess I will just stick to selling shovels for $100 each.
|
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
|
|
|
|