coinits
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Activity: 1582
Merit: 1019
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January 05, 2015, 10:31:16 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. LOL have fun with that fuckery. |
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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snapter
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Activity: 76
Merit: 10
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January 05, 2015, 11:44:34 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. What's the point of that? Why would people go through all that hassle rather than directly paying Amazon with fiat? |
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lofiloopjunky
Newbie
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Activity: 13
Merit: 0
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January 05, 2015, 11:51:11 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. What's the point of that? Why would people go through all that hassle rather than directly paying Amazon with fiat? Because you can dispose of alt-currency to real products, rather than from XPY to BTC to $ to Amazon. |
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Este Nuno
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Activity: 826
Merit: 1000
amarha
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January 05, 2015, 12:31:42 PM |
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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. What's the point of that? Why would people go through all that hassle rather than directly paying Amazon with fiat? Because you can dispose of alt-currency to real products, rather than from XPY to BTC to $ to Amazon. But why buy paycoin to begin with? |
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TinEye
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January 05, 2015, 12:35:03 PM |
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Shillin' since been shillin' since been shillin' . . .
No respect at all, at least be more professional and buy accounts to shill. Scammers these days are not even trying, shilling using noob accounts. |
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coinits
Legendary
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Activity: 1582
Merit: 1019
011110000110110101110010
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January 05, 2015, 12:37:25 PM |
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Shillin' since been shillin' since been shillin' . . .
No respect at all, at least be more professional and buy accounts to shill. Scammers these days are not even trying, shilling using noob accounts. Especially with all of the money they have made with PayCoin  |
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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peonminer
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January 05, 2015, 03:19:59 PM |
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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. LOL Why are there still people out there that believe this? GAW doesn't even accept their own coin as currency you FOOLS!!!! |
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Bitcoinlover123 (OP)
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Activity: 90
Merit: 10
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January 05, 2015, 04:21:47 PM |
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GAW doesn't accept Paycoins as payment. If the company that made pay coin, doesn't accept it, then its obviously bad.
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Bringing the love back into crypto
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GreenLabsERS
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Activity: 5
Merit: 0
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January 08, 2015, 12:55:48 AM |
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Paycoin did not fail.
Its turned out to be a very successful ponzi scheme. Maybe the best one we've seen in this space.
Gawd only knows how many million they raked in.
Why is the word Ponzi thrown around so loosely? You could explain that relationship can have if it is a ponzi scheme, having closed sales page Gawminers ...? makes little sense if it is a ponzi not .... Tell me please. |
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Bitcoinlover123 (OP)
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Activity: 90
Merit: 10
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January 19, 2015, 06:34:15 PM |
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bump
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Bringing the love back into crypto
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anderl
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January 20, 2015, 03:14:24 PM |
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Paycoin failed because despite the poor attempt at a white paper, with all the innovations it should have had based on thay paper in reality it was a clone of peercoin with just branding changes and clone coin development. A.ka. Premine. Nothing with orions and centrally controlled pow miners. It just became a pure pos coin.
It was all lies by Josh and GAW Miners. They hyped it up with features they didn't put in and got sheep to believe then and discredit anyone who looked at the code as a troll.
They have no competent economists. I can't believe that there was no one at GAW that was smart enough to think that if you open a free market that people would sell those coins. Did they think that everyone would just hold xpy forever and only buy more?
Maybe josh should have finished high school. At least took a basic math course.
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