[ANN][GAW-Miners][XPY] Paycoin ( 40 Phash )

[conteaza]

Why ppl join this 96% premine scam? Are you crazy?

because is a great opportunity to make easy money trading ,don't you think so?

[tamara163]

This coin reminds me of auroracoin Scam

[BTC-Graphicdesigns]

Why ppl join this 96% premine scam? Are you crazy?

You are just butthurt because you missed the XPY Train. We will be seeing 1 XPY = $20 tonight.

[nonlinearboy]

Why ppl join this 96% premine scam? Are you crazy?

because is a great opportunity to make easy money trading ,don't you think so?

the price now is really crazy,
whatever it is a good opportunity.

[unusualfacts30]

why did I sell mine at 0.36? 

too late to get in again.

[entertainment]

Everyone supporting or buying this scam should be ashamed of what they are doing and of what they are transforming cryptocurrencies world.

[nonlinearboy]

Everyone supporting or buying this scam should be ashamed of what they are doing and of what they are transforming cryptocurrencies world.

but it is the market!
buy and sell, making the profit is the key.

[Cryptoleonardo]

surprisingly nobody seems to be talking about this here.. there is a new coin since 36 hours.. let's talk here only about the mineable coin itself.. paycoin and gaw is a topic itself ( https://bitcointalk.org/index.php?topic=857670 ) so let's collect the facts:


Name   Paycoin
Symbol / Tag   XPY
Website   https://paycoin.com/
Github / Source Code   https://github.com/GAWMiners/paycoin
Forum   https://hashtalk.org/
Client Version   v0.1.2.0-ge3c013c
Get Info RPC
Version: v0.1.2.10-ge3c013c
Protocol Version: 60004
Wallet Version: 60000
Hash Algorithm   SHA-256
Proof-of-Work Scheme   Proof-of-Work/Proof-of-Stake
Coins to be Issued   12,500,000
Block Time   1.00 minute(s)
Block Reward   49.00 coins
Difficulty Retarget   1 blocks

• not to be confused with [PYC] Paycoin, https://bitcointalk.org/index.php?topic=268941.0
• Pre-Mine 12,000,000  = 96% ( https://hashtalk.org/topic/22975/initial-paycoins-of-12m )
• gigantic ponzi-scheme.. but if you get in early enough, you can probably profit
• first coins were sold to private investors for 8 USD
• actual price is around 10 USD ( https://coin-swap.net/market/XPY/BTC )
• coins will be publicly sold on paycoin.com for 20 USD
• market cap would be #3 , just behind bitcoin and ripple
• mining went crazy the last 36 hours, on nicehash hashrate costs 10x value of btc mining.. we are at 40 PHash now...

so do you think it's worth participating?

next scam probably generate by prometeus, ninjatrader or other guru.

[bbOOmm]

Ok, I installed the wallet, and transferred my coins from the pool ......

now what? How do I do this PoS thing?

[Niliv1]

Currently XPY @ 0.04139974BTC

Just waiting when it gonna hit 20$ i"ll sell my XPY

[ocminer]

Currently XPY @ 0.04139974BTC

Just waiting when it gonna hit 20$ i"ll sell my XPY

The problem is: That is what everybody will be/is doing  

[unusualfacts30]

Currently XPY @ 0.04139974BTC

Just waiting when it gonna hit 20$ i"ll sell my XPY

You should sell it at 18 if you're smart...you'll see huge dump as soon as it hits 20  . Dump before the next guy dumps and you'll be safer.

I'm just too scared to get in again. I'm happy with the profit I made

[Niliv1]

You should sell it at 18 if you're smart...you'll see huge dump as soon as it hits 20  Grin. Dump before the next guy dumps and you'll be safer.

I'm just too scared to get in again. I'm happy with the profit I made

but its not that it will be stable at 20 i know there will be huge dump but think if it go above 20$ than??

[PayCoinDice.net]

Hi guys try out our new XPY gambling site: http://paycoindice.net

[spartak_t]

Currently XPY @ 0.04139974BTC

Just waiting when it gonna hit 20$ i"ll sell my XPY

The problem is: That is what everybody will be/is doing  

I will not be suprised if this reaches BTC price, but my preddiction is about $80-100. It is clear that they have the power to pump it but is also obvious that XPY will be next AUR. Some people will suffer huge loses.

[Format.C^]

I will not be suprised if this reaches BTC price, but my preddiction is about $80-100. It is clear that they have the power to pump it but is also obvious that XPY will be next AUR. Some people will suffer huge loses.

$80-100 for this XPY crap?  are you kidding? ))

[erikeasu]

just my 2 cents....I bought in with gaw on there primes when they first came out, and luckily have made good profit. the hashlets have been able to mine hashpoints for the past 2 months.  then the hashpoints converted into XPY at 400points to 1xpy ratio.  they offer hashstakers you can place xpy into to get a greater staking rate.  1 xpy =pays out .0092 xpy daily for 6 months.  once the 6 month round is over you get your original xpy back that you placed into the staker.  I believe this is how they will be able to keep the price higher is by having all of the original customers placing there xpy into these stakers.  after the 6 months is up another round will start, and you have to rebuy stakers if you still want to stake.  the rate and price will be determined after each round.  there are people that have hundreds of thousands of XPY from mining the Hashpoints.  we got to convert our hashlets for free, so the first round(6months) I believe the price floor should stabilize around 15-20. 
You can stake in your XPY wallet using the Orion Controller, once you put 50 xpy into it, it will auto start staking.  I think it is only like 5% apr.  not too sure. 
Paybase will be starting tomorrow or so, which is similar to paypal.  design looks to be cool.  fingers crossed.  Walmart, best buy, amazon, etc are all suppose to accept it.  they are releasing a debit to allow you to spend it anywhere that debit are accepted.  suppose to auto convert to fiat.  also you can send xpy to btc wallet and it is suppose to autoconvert...(haven't tried it yet)..
Im skeptical also, but Josh Garza(ceo) has been all out in the public about this.  (Times, Wall Street Journal, etc)  I believe once paybase starts they will eat up all of the coins on the remaining exchanges to get them all to there on platform. (paybase)
josh hash published that they will buy the paycoins for $20 each guaranteed once they get it all online.

Im not trying to troll, or suck up to anyone.  but I do feel that this is a pretty good opportunity here, especially if it all launches smooth.  But its easy for me to say because ive been mining HASHPOINTS for over 2 months.  and im a small fish.  I got about 100 XPY converted to me a few days ago from gaw in my account now.  some of the guys out there have 100000+ 

I have been burnt on about all of the coins out here, but i see this one with potential. 

and the 12mil premine, that was what was used for all of the round 1 investors, and AAALLLL of GAWS customers that have been mining hashpoints for months.
GAW actually have been mining just like everyone else. 
this is the original premine wallet---PV4REZh7Uw8YsVpzHDPQdwENn2iToSw9GH  you can trace it out where it was all  dispersed to all kinds of wallets...from what i can see this is about right
the rich list shows the top 3 wallets hold 12-14% each.
4-9 hold about 2-3%
10 down all are 1%

to me it looks like they are gonna try to hold the price right.  but im far from an expert. 

I believe the top 3 wallets are the three who own the prime controllers also, which helps with the staking.  not sure

ONCE AGAIN IM NOT KISSING ANYONES ASS HERE, BUT I HAVE BEEN FOLLOWING AND READING THIS SHIT CLOSE.  I WROTE THIS ON MY OWN HERE BECAUSE IT LOOKS LIKE ALOT OF PEOPLE HERE HAVENT BEEN KEEPING UP.

BUT REALLY THOUGH, THINK ABOUT IT, WOULDNT IT BE NICE TO HAVE A COIN THAT WOULD ACTUALLY WORK, AND HOLD A STABLE FLOOR.  I DO NOT SEE JOSH DUMPING THIS COIN BECAUSE HE HAS SPENT EVERY FREAKING DAY ON IT FOR MONTHS OUT IN THE PUBLIC. 

$14 IS ALOT IF YOU HAVE TO BUY INTO A COIN AND DONT KNOW ABOUT IT.  AND SEEING HOW 99% OF ALL COINS END UP SCREWING YOU, AND ME, I SEE HOW TOUGH IT IS TOO BUY INTO IT.
I WOULD AT LEAST WATCH IT IF I WERE YOU AND SEE WHAT HAPPENS, AND BUY A FEW JUST TO GET IN ON PAYBASE.

SORRY FOR THE CAPS TOO.

I realize i am a newbie here and half of yall are gonna say "bullshit" but that's ok.  shit i wouldn't want to spend $14 each coin either.  but im glad i got in on the beginning at $4 a coin. 
just don't bash me too hard guys
Erik

[Brilliantrocket]

I like how the dev doesn't even try to hide the fact that this is a Ponzi scheme. And still the morons line up to be separated from their BTC.

[spartak_t]

I will not be suprised if this reaches BTC price, but my preddiction is about $80-100. It is clear that they have the power to pump it but is also obvious that XPY will be next AUR. Some people will suffer huge loses.

$80-100 for this XPY crap?  are you kidding? ))

No, because that crap has a lot of money behind it.

[portice]

I like how the dev doesn't even try to hide the fact that this is a Ponzi scheme. And still the morons line up to be separated from their BTC.

Agree, but made a shit ton so far, so keep it up