[ANN][CON] PayCon™ HI POS | LiteStake | Multisend | TOR | Android

[6436346346]

Hi,

PayCon is being delisted from Cryptopia


Please withdraw all coins immediately.


Thanks

[PayCon (CON)]

Q: What will the Superblocks be?

Ill use the model of superblocks from fly as it is proven over the months to be "spot on". Here is the numbers:

10%   chance of   2x Multiplier
5%   chance of   3x Multiplier
3%   chance of   5x Multiplier
1%   chance of 10x Multiplier
1/2%  chance of 20x Multipiler
1/4%  chance of 50X Multiplier
1/16% Chance of 100X Multiplier

I see 2x maybe once a day or two. I see 10x once a week, and Ive seen only one 100x the entire time fly has had superblocks, which is about 8 months. To me this sounds about right.

Since CON is an existing coin where will the premine come from?

A new chain will be made. 275,000 coins will be premined on block 1.


What figure will the 10% be based off of?

10% will be added to 250,000 premined coins, bringing it to a total of 275,000. 250,000 coins to be distributed to users. 25,000 coins distributed to devs.

Now should we move forward let me explain how the swap will work (to your benefit). First there will be a start date. That is the day the swap opens. Everyone will have 30 days to turn in their old con to me. 30 days later the swap closes. The first to turn in their old con, is first to receive their new con. Its a ratio. The less people that turn in their coins, the more "new con" coins everyone gets. So for example if you turn in 5.6% of the "old con" money supply, you will receive 5.6% of the "new con". Basically, the LESS "old con" that gets turned in, the MORE new con, youll get. When the swap closes, every user name will be posted. It will have an address they sent their CON to me. The amount of old con they sent to me. The NEW address I sent the new CON to and how much. The premine address holding the 275,000 new CON will be made public as soon as its created. EVERYTHING will be transparent, and very public and detailed all listed on the new OP in a clean and easy to read format. As everything progresses, the NEW OP will be updated constantly. So youll never have to search through loads of posts to know whats going on. I keep everything on the OP and just update it. The new op belongs to Cryptco, so he will allow me access to that OP , for the purpose of updating the OP. When my work is finished, then he will change the password.

What this does is encourage buying of old con for 30 days, raising the price.

ALL old con coins go to a burn address that will be made public, so everyone can see that every con I collected got burned.

Vegas
 

Thank you for this information.

[elgimpo]

I agree to all of this and I appreciate your work.

Of course you do, you have been seduced by Vegas the snake oil salesman who has promised you a 5% premine as a reward for your support and umm.. well nothing else really.
Dont feel too bad though, you're not alone here but I'd suggest you think long and hard before selling your ass and this coins reputation to team FLY.

I agree, a Premine sounds bad. But I know the FLY Team and I know the team is working hard to develop some very goood Coins.
I am willing to act as an escrow agent for CON Community members if it is needed.

Oh do you? What do you know of the FLY team and their very good coins? Please elaborate, the con community is all ears.

[SimonTower]

I agree to all of this and I appreciate your work.

Of course you do, you have been seduced by Vegas the snake oil salesman who has promised you a 5% premine as a reward for your support and umm.. well nothing else really.
Dont feel too bad though, you're not alone here but I'd suggest you think long and hard before selling your ass and this coins reputation to team FLY.

I agree, a Premine sounds bad. But I know the FLY Team and I know the team is working hard to develop some very goood Coins.
I am willing to act as an escrow agent for CON Community members if it is needed.

Oh do you? What do you know of the FLY team and their very good coins? Please elaborate, the con community is all ears.

Guys, relax, please. If You can't talk about PayCon in this topic, leave it and make another one to fight.

[SimonTower]

6436346346 alias "Cryptopia", please read your PM.

[PayCon (CON)]

Just to clarify, this is the official CON account. Any official decisions that are made about CON will be posted by this account. We will also update the community using this account. While we want everyone to give there opinions and discuss things, keep in mind that this is the only account that will post what is really happening with CON.

[PayCon (CON)]

Official Statement

After hearing from the community and discussing the details. The PayCon dev team has decided to not use vegasguy's services. We appreciate his interest but will not be moving forward with him.

[TripleHeXXX]

The CON markets on Cryptopia have been unfrozen and the delisting process suspended.

[6436346346]

Official Statement

After hearing from the community and discussing the details. The PayCon dev team has decided to not use vegasguy's services. We appreciate his interest but will not be moving forward with him.

This is great, we love PayCon, it has been on Cryptopia almost since we launched, would have been sad to remove it because of a person like VegasGuy taking over.


Keep it up guys, If I remember correctly PayCon was made to eliminate users like VegusGuy, seems to be working

[elgimpo]

Bullet dodged

[PayCon (CON)]

There is some funding that is needed before new wallets can be created. If you would like to donate towards the development of new wallets please do so, PQ1EaFtr5yG3yHRcqNGro3NeL3WX5V9gG7.

CryptoTech is doing what he can to get the wallets done but we need the support of the community.

I would like to remind everyone that we need your support to make CON great. You can use your wallet to send some of your stake reward. If everyone sent 5 con per stake it would add up fast.

[Cryptco]

I agree to all of this and I appreciate your work.

Of course you do, you have been seduced by Vegas the snake oil salesman who has promised you a 5% premine as a reward for your support and umm.. well nothing else really.
Dont feel too bad though, you're not alone here but I'd suggest you think long and hard before selling your ass and this coins reputation to team FLY.

I agree, a Premine sounds bad. But I know the FLY Team and I know the team is working hard to develop some very goood Coins.
I am willing to act as an escrow agent for CON Community members if it is needed.

Oh do you? What do you know of the FLY team and their very good coins? Please elaborate, the con community is all ears.

WTF do you want from me? Crestington has already worked successfully with Vegas!! Do you own any PayCon??? What have you done so far for the development of PayCON??   I've never seen you here before!
 I'm assuming you are up for taking a battleship against him. You are in the wrong thread here!

I do not want 5% of the Premine from Vegas. It will be donated to the CON Development fund.

I don't see any development since 3 Sep 2015 ( >> see https://github.com/Crestington/PayCon )) and it was just an option, cause we have NO funding for the development!

~CryptCo

[Woody20285]

Question: For the community - So does Paycon (Con) -
Newbie account - speak for the community or has he just
self appointed himself to stir the pot. I feel I have a right to
ask since I have been with Paycon for a long time and, am in the
top 5 holders.
 

[elgimpo]

Question: For the community - So does Paycon (Con) -
Newbie account - speak for the community or has he just
self appointed himself to stir the pot. I feel I have a right to
ask since I have been with Paycon for a long time and, am in the
top 5 holders.
 

and, you just happen to be a member of Team FLY who wants to help himself to another premine... for doing nothing

Full disclosure and all..

[PayCon (CON)]

We have decided that new wallets are the first priority. The CON wallet needs to be completely redone. New code base, new reward structure and new wallet design.
We are asking the community to help with the cost of creating the new wallets. All dev fund address will stay public so the community can see our transparency.
We will list those that contribute so if you would like to be listed send a PM with your name, amount and transaction ID.
If you would like to contribute please use the addresses below.
The total amount needed is $500 usd.

BTC Dev Fund Address: 1MpMdBWZhCQLc4tDxUmuRzwBudVVQg4snM
CON Dev Fund Address: PQ1EaFtr5yG3yHRcqNGro3NeL3WX5V9gG7

If you do not have any funds you can send but still want to contribute you can use MultiSend in the PayCon wallet.

WHAT IS MULTISEND?
MultiSend allows a user to automatically send a percent of their stake reward to as many addresses as you would like.
The MultiSend transaction is sent when the staked coins mature.
The only current restriction is that you cannot choose to send more than 100% of your stake using MultiSend.

To access MultiSend in the wallet: Tools --> MultiSend
If everyone sent 15% (4.5 CON) it would not take long to reach our goal.

Donations!!
CryptoHustler - 10,000 CON, 0.00043349 BTC
Woody20285 - 15,000 CON, .025 BTC
CryptoTech - 0.00520378 BTC

[SimonTower]

Question: For the community - So does Paycon (Con) -
Newbie account - speak for the community or has he just
self appointed himself to stir the pot. I feel I have a right to
ask since I have been with Paycon for a long time and, am in the
top 5 holders.
 

That newbie account is our new one because Crestington used his personal account for CON. CryptoTech is the lead dev now as You know. The main team members has access for this "Paycon (CON)" account, so what he write that is official. If You want to be part of decisions, let's join us at Skype group.

edit: I'm in the top 5 holder too.

[SimonTower]

and, you just happen to be a member of Team FLY who wants to help himself to another premine... for doing nothing

Full disclosure and all..

We don't care FLY, XDE2, Vegas, CryptCo.

Help us with something, invest to PayCon or switch to "read-only" mode please.

[Woody20285]

Question: For the community - So does Paycon (Con) -
Newbie account - speak for the community or has he just
self appointed himself to stir the pot. I feel I have a right to
ask since I have been with Paycon for a long time and, am in the
top 5 holders.
 

and, you just happen to be a member of Team FLY who wants to help himself to another premine... for doing nothing
Full disclosure and all..

Full disclosure - if CON decided to use Vegas' services, I would forward
any pre-mine I received to to the CON community development wallet. I have
plenty of CON already. You are sure big on guilt by association. Never saw
your answer as to whether you own any CON though.

Edited:  So now the 10% suggested pre-mine is down to what 3.75% or so.

[SimonTower]

Question: For the community - So does Paycon (Con) -
Newbie account - speak for the community or has he just
self appointed himself to stir the pot. I feel I have a right to
ask since I have been with Paycon for a long time and, am in the
top 5 holders.
 

and, you just happen to be a member of Team FLY who wants to help himself to another premine... for doing nothing
Full disclosure and all..

Full disclosure - if CON decided to use Vegas' services, I would forward
any pre-mine I received to to the CON community development wallet. I have
plenty of CON already. You are sure big on guilt by association. Never saw
your answer as to whether you own any CON though.

 So now the 10% suggested pre-mine is down to what 4% or so.

or..we collect that 0.65BTC and moving forward without any premine.

[Woody20285]

Question: For the community - So does Paycon (Con) -
Newbie account - speak for the community or has he just
self appointed himself to stir the pot. I feel I have a right to
ask since I have been with Paycon for a long time and, am in the
top 5 holders.
 

and, you just happen to be a member of Team FLY who wants to help himself to another premine... for doing nothing
Full disclosure and all..

Full disclosure - if CON decided to use Vegas' services, I would forward
any pre-mine I received to to the CON community development wallet. I have
plenty of CON already. You are sure big on guilt by association. Never saw
your answer as to whether you own any CON though.

Edited: So now the 10% suggested pre-mine is down to what 3.75% or so.

or..we collect that 0.65BTC and moving forward without any premine.

I have no preference and would be happy to donate to a fund.
I would recommend that part of the transaction fees go to a development fund.
Otherwise, anytime a BE or anything needs funded you have to request BTC from
the community and, only a few contribute. A TX spreads the cost evenly across all
users sending TXs