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Author Topic: Why Paycoin (XPY) Failed  (Read 7657 times)
General_A
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January 02, 2015, 06:00:21 PM
 #41


Look at that font mind. I have seen that font used for websites from other scams (BitSwift).

unusualfacts30
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January 02, 2015, 08:09:03 PM
 #42

Paycoin hasn't failed yet as a coin. It failed some almost every one of the expectations, as it was supposed to trade much higher and be integrated faster.
I think the main problems were the delays with paybase launch and the bugs it had, the massive security breach, the false promises, the hype with no substance, the fact their plugin cannot even work and breaks the TOS of retailers so if it starts to work it will be shutdown, the multiple last minute hardforks and general technical incompetence of GAW, the 350% inflation rate for select investors who likely are all or mostly GAW controlled, the sites crashing multiple times, the lack of price stability (-60% in 2 days?), the lack of merchant acceptance, the centralized nature of this currency, ect...  


patience my friend. It's not easy to stabilize a price at $20 when so many people are selling. Only time will tell the rest. Come back in few months or two and that'll be a better time to judge a coin. I don't care if it's a scam but I personally hate it when price dumps and people start running around calling it scam. Stop being so impatient.


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Creampuff
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January 02, 2015, 08:10:50 PM
 #43

https://i.imgur.com/LPcujQT.jpg
Look at that font mind. I have seen that font used for websites from other scams (BitSwift).


Best proof I've seen so far
peonminer
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January 02, 2015, 08:11:07 PM
 #44

I admit it's not looking particularly good at the moment but it's a bit premature to say that it has already failed. The market cap is still hovering just above that of Litecoin.
Lulz, your btc name is Puberty and you just said 'premature'
General_A
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January 02, 2015, 08:12:58 PM
 #45

I admit it's not looking particularly good at the moment but it's a bit premature to say that it has already failed. The market cap is still hovering just above that of Litecoin.
Lulz, your btc name is Puberty and you just said 'premature'
Minus the bashing - this did make me chuckle  Grin

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January 02, 2015, 08:13:45 PM
 #46

No bashing intended Tongue Just for t3h LuLz Smiley
General_A
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January 02, 2015, 08:18:52 PM
 #47


Look at that font mind. I have seen that font used for websites from other scams (BitSwift).


Best proof I've seen so far
I was only saying, not as use for proof - but because I struggle to see why any project that has a marketcap of $90mil would be using such a plain font. It just doesn't add up in my mind.

unusualfacts30
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January 02, 2015, 08:23:45 PM
 #48


Look at that font mind. I have seen that font used for websites from other scams (BitSwift).


Best proof I've seen so far
I was only saying, not as use for proof - but because I struggle to see why any project that has a marketcap of $90mil would be using such a plain font. It just doesn't add up in my mind.

It's in beta. Look at coinbase ..it doesn't look much different from paybase

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Bitcoinlover123 (OP)
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January 02, 2015, 08:25:13 PM
 #49

Most people say that paycoin has not failed. Sure pay coin is still there, and you can still buy and sell it. But when the community starts turning against the coin, and lies are revealed about the coin, then it has failed. It has failed to be transparent, fair, and decentralized.

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peonminer
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January 02, 2015, 08:27:35 PM
 #50

Most people say that paycoin has not failed. Sure pay coin is still there, and you can still buy and sell it. But when the community starts turning against the coin, and lies are revealed about the coin, then it has failed. It has failed to be transparent, fair, and decentralized.
+1
Bitcoinlover123 (OP)
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January 02, 2015, 08:28:20 PM
 #51

I warned you guys. Many times
They didn't believe us. They thought we were crazy. But look at what happened.

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peonminer
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January 02, 2015, 08:31:00 PM
 #52

I warned you guys. Many times
They didn't believe us. They thought we were crazy. But look at what happened.
In bitcoin we trust  Grin
General_A
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January 02, 2015, 08:31:44 PM
 #53

It's in beta. Look at coinbase ..it doesn't look much different from paybase
What this clean font:



vs this?




I know which one looks more professional to me. I am NOT saying that this indicates anything whatsoever. I am just saying that to me it looks a little on the rushed side. Seeming though their website was their 'shop window' you would expect something a little better for something 'valued' at $90mil+ . Not that this indicates a scam. If its in BETA it should not have a value of $90 million, simple as.

Without being rude I know kids in college that can produce a more professional looking website than this. Not to say I am an expert or anything, just to raise a point.

peonminer
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January 02, 2015, 08:39:34 PM
 #54

Bitcoinlover123 (OP)
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January 02, 2015, 09:06:25 PM
 #55


+1

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cocales
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January 03, 2015, 02:43:19 AM
 #56

so True. Why AUR, IFC, XMR, MAX, DARK, Nubits, XPY and ECT... fail?

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January 03, 2015, 05:49:27 AM
 #57

This is normally when the coin falls at the beginning of shit
peonminer
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January 03, 2015, 07:29:23 AM
 #58

unusualfacts30
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January 03, 2015, 08:05:01 AM
 #59

so True. Why AUR, IFC, XMR, MAX, DARK, Nubits, XPY and ECT... fail?

If a coin fails at the beginning it automatically becomes a Scam. People are too quick to judge and forget that BTC was failing hard in the begining when it first started. I don't see any future in crypto or bitcoin. Everytime I talk to someone who has never invested in crypto all I hear is "Scam" and I'm slowly changing my mind as well. Then I come to this forum which supposed to be filled with "digital currency" supporters and I see them shooting at each other coin and calling each other out. It really disgusts me and I"ll be very surprised if crypto becomes something in future than just stock exchange filled with ponzi schemes and people who're trying to bring it down.

If people don't change their attitude towards crypto you can forget about adoption. People have lost millions & billions in crypto and bitcoin. The end is near. In 20 years from now you'll look back at digital currency and regret that you were ever a part of it. Just look around yourself. The community that should do everything to help it are putting their time in destroying it but they can't see that how it's destroying everything that's going on in digital currency world.


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NewlifeIcaro
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January 03, 2015, 12:20:40 PM
 #60

But seems that many people forget that they always say to everybody, "our floor price is protected" we play with big partners, these partners was bought at 4$ all our stock is the reason to not allow new customers to the early stage...

What happends if XPY dont reach the floor price?
This can not happend. the start price is in 20$, but only if you sell it to paybase....

Mailing:
"Last call to XPY holders" Buy more paycoin until the floor price is reached."

I was buy in 0.039/0.041... now my investment falled from 2400 USD to 800 USD... just Amazing... no xmas for me or my family like as others... but oh! nothing happends... im a troll.

Thanks guys to clarify... i never was concerned about im a troll.
At least now i have clear who i am.... A Troll!
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