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bgade
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January 04, 2015, 02:32:47 AM |
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Ok, so I admit... I didn't invest and have just been lurking as it all goes on...
But they use logos of companies that don't know anything about them... and rip off their own corporate logo from someplace else. And no one gets suspicious at the start? I guess that's not true - lots are suspicious but many more still try it anyway.
Is there still no clearing house where a new coin can prove it isn't a scam to someone? Like a BBB model where the coin provides all of their info, documents, etc to a real third party for evaluation and stamp of "probably not a huge scam"?
I've been playing crypto for a little over a year and have lost less than $600. I think at this point... thats something to celebrate!
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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btckold24
Sr. Member
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Activity: 434
Merit: 250
★Bitvest.io★ Play Plinko or Invest!
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January 04, 2015, 05:21:31 AM |
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Im not ready to give up on it yet but then again it could be wishful thinking. I maybe gambled $200-300 total in it. I know some people who pumped Thousands! into this
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Bitcoinlover123 (OP)
Member
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Activity: 90
Merit: 10
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January 04, 2015, 07:15:49 AM |
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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.
check again  |
Bringing the love back into crypto
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TinEye
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January 04, 2015, 01:16:01 PM |
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Im not ready to give up on it yet but then again it could be wishful thinking. I maybe gambled $200-300 total in it. I know some people who pumped Thousands! into this
It IS wishful thinking. Very soon you would be wishing you would have sold now. The current price itself is bloated. All those thinking it has failed hasn't seen the epic sinking its going to engage in. |
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rokkyroad
Legendary
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Activity: 1090
Merit: 1000
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January 04, 2015, 05:30:18 PM |
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Im not ready to give up on it yet but then again it could be wishful thinking. I maybe gambled $200-300 total in it. I know some people who pumped Thousands! into this
It IS wishful thinking. Very soon you would be wishing you would have sold now. The current price itself is bloated. All those thinking it has failed hasn't seen the epic sinking its going to engage in. The only thing keeping this coin afloat right now is the hashtalk people who will not accept the coin's failure. Once they run out of money the price will plummet more. |
" If you have to spam and shout to justify your existence then you are a shit coin." TaunSew
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inBitweTrust
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January 04, 2015, 05:33:44 PM |
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The only thing keeping this coin afloat right now is the hashtalk people who will not accept the coin's failure. Once they run out of money the price will plummet more.
They don't even need to run out of money. The currency was designed to be hyperinflationary, thus will destroy itself regardless. Prime controllers are staking at over 3000% compound interest per anum. If it survives until the first hashstakers mature in 3 months, than all hell is going to break lose when those coins hit the market. |
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coinits
Legendary
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Activity: 1582
Merit: 1019
011110000110110101110010
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January 04, 2015, 05:36:36 PM |
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The only thing keeping this coin afloat right now is the hashtalk people who will not accept the coin's failure. Once they run out of money the price will plummet more.
They don't even need to run out of money. The currency was designed to be hyperinflation thus will destroy itself regardless. Prime controllers are staking at over 3000% compound interest per anum. $4 quadrillion @ $20 per -  |
Jump you fuckers! | The thing about smart motherfuckers is they sound like crazy motherfuckers to dumb motherfuckers. | My sig space for rent for 0.01 btc per week.
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Bitcoinlover123 (OP)
Member
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Activity: 90
Merit: 10
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January 04, 2015, 09:01:57 PM |
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The price has jumped again. This could be a good time to get out.
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Bringing the love back into crypto
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Sir Alpha_goy
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January 04, 2015, 09:59:55 PM
Last edit: December 12, 2015, 02:30:05 PM by Sir Alpha_goy |
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darkmind
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January 04, 2015, 10:17:56 PM |
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So are we going further down ? is it sell buy on this downfall ? or is there any hope for a new updtrend ?
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Sir Alpha_goy
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January 04, 2015, 10:51:39 PM
Last edit: December 12, 2015, 02:30:14 PM by Sir Alpha_goy |
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I_IZ_CEO
Sr. Member
Offline
Activity: 308
Merit: 250
CEO FlawMiners TM®
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January 05, 2015, 02:28:52 AM |
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Lmfao, look what the cat dragged in, Evilpanda and Buttgeek!!! New name = EvilButt
Failed, yes.. VERY MUCH.
evilpanda + bitgeek + paycoin = much fail
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peonminer
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January 05, 2015, 09:24:35 AM |
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I've already invested 20x my initial investment in Paycoin! Much better coin, this Paycon, in my honest opinion! |
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lofiloopjunky
Newbie
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Activity: 13
Merit: 0
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January 05, 2015, 09:36:32 AM |
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I don't believe paycoin has failed, sudden dumps are always followed by pumps, it happens all the time. There are still issues with paybase but once you can pay paycoin to amazon via a paybase exchange rate, it will give the opportunity for people to cash out there virtual currency without fees or trying to sell on localbitcoins etc. In theory it is still a good idea.
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Phbaby
Full Member
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Activity: 126
Merit: 100
©
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January 05, 2015, 09:39:42 AM |
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In every failure there's a success. I bought XPY in all my life and I will trust in this coin. "Haters gonna Hate"
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lofiloopjunky
Newbie
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Activity: 13
Merit: 0
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January 05, 2015, 09:42:43 AM |
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I think alot of the hate comes from the sudden success it had on launch; I think they should have finished dev of the more important features before launch but you need real world testers to do so, so it can be a catch 22. Even as a modified peercoin clone it has better potential than litecoin and I think it is way too early to count it out.
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peonminer
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January 05, 2015, 09:47:34 AM |
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Shillin' since been shillin' since been shillin' . . .
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coinits
Legendary
Offline
Activity: 1582
Merit: 1019
011110000110110101110010
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January 05, 2015, 10:21:46 AM |
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I don't believe paycoin has failed, sudden dumps are always followed by pumps, it happens all the time. There are still issues with paybase but once you can pay paycoin to amazon via a paybase exchange rate, it will give the opportunity for people to cash out there virtual currency without fees or trying to sell on localbitcoins etc. In theory it is still a good idea.
So exactly what is in it for Amazon to take a worthless piece of shit scamcoin? |
Jump you fuckers! | The thing about smart motherfuckers is they sound like crazy motherfuckers to dumb motherfuckers. | My sig space for rent for 0.01 btc per week.
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lofiloopjunky
Newbie
Offline
Activity: 13
Merit: 0
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January 05, 2015, 10:28:05 AM |
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I don't believe paycoin has failed, sudden dumps are always followed by pumps, it happens all the time. There are still issues with paybase but once you can pay paycoin to amazon via a paybase exchange rate, it will give the opportunity for people to cash out there virtual currency without fees or trying to sell on localbitcoins etc. In theory it is still a good idea.
So exactly what is in it for Amazon to take a worthless piece of shit scamcoin? Nothing at all, that is not how it works, you pay paybase XPY, they convert it to $ at the current exchange rate and that is paid to amazon. |
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