If PayCoin hit $50 a Coin, those hashstakers would be generating $10 million a day and Josh would be doing his happy dump dance all day
That would be more sell pressure than BitCoin
I agree and I don't know if $50 or even $20 would by sustainable for XPY. Maybe it is - there are simply too many variables I don't know.
But it would be a good way for Garza to make a lot of money whirl also saving face and paying back his customers that made him rich. A lot to gain for doing the right thing.
I see it as a real possibility and even as a good chance that it will happen.
Unless you guys really believe Garza dumped at $20 and is now just hanging out and wasting his time putting up with trolls just cause he's bored. Is that what you would be doing if you were rich and you just scammed people by dumping at $20? I wouldn't - I would be gone and moving on to something better or just enjoying life [away from troll forums].
Buying XPY below $1 for me is a no brainer. Like I said before, I could be wrong and if so then I'll lose a few Bitcoins - but if I'm right the potential is much bigger than the risk and that's the best you can ask for with speculative investments.
Cheers!
Up to you, it's not like you aren't starved for information.
There were 1.2 Million XPY generated in the last 30 days, an increase of 10% of the money supply where pretty much all of it is coming from those hashstakers. My beef is that it doesn't reward holders at all and only really works for sell pressure against the majority of people. You might make 50-75% on what you bought if it goes to $1.50 but Josh and his crew could make 1 Million+ in that time from Coins in which they got for free and are generating an unlimited amount of Coins. Their complete dominance on the Coin generation and severe lack of PR skills are what's stopping it's success. No one wants to buy a Coin in which all the money goes to some shady guy who sanitizes his forums and constantly does backdoor dealings based on false promises.
