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Topic: GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :) - page 1382. (Read 3377922 times)

legendary
Activity: 1260
Merit: 1116
Sleep on it some more maybe it will come to you

You were the one who was supposed to answer a simple question, Dave. Any time you like just explain how merchants accepting Paycoin will drive the price up. I would  LOVE to hear this. Please, enlighten me.
Go back to sleep You  muppet

Such a Dave thing to say, isn't it Roll Eyes
sr. member
Activity: 518
Merit: 250
Keep it nice guys. It is ok if not everybody is on the same page...thats what a forum is for  Wink
sr. member
Activity: 258
Merit: 250
Sleep on it some more maybe it will come to you

You were the one who was supposed to answer a simple question, Dave. Any time you like just explain how merchants accepting Paycoin will drive the price up. I would  LOVE to hear this. Please, enlighten me.
Go back to sleep You  muppet
sr. member
Activity: 406
Merit: 260
The Scamcoats are coming!
Sleep on it some more maybe it will come to you

You were the one who was supposed to answer a simple question, Dave. Any time you like just explain how merchants accepting Paycoin will drive the price up. I would  LOVE to hear this. Please, enlighten me.
sr. member
Activity: 518
Merit: 250
Secondly there is almost nobody who purchases anything with btc yet.

Are you the CEO of bitcoin?

If not, I'm not sure how you could know this.

Well that is not a secret. Assuming i can trust sites like coindesk and all other news sites its a known fact that some huge investors have 60% of all bitcoins in there hands..and they control the prizes...

And when looking in real life. Honestly do you know one person who ever bought something with bitcoin? Only crypto people like us have tried it some now and then and even we dont use it for regular things... and yeah there is a black market but globally speaking that isnt even talkworthy.
newbie
Activity: 56
Merit: 0
Is everyone just going to neglect the fact that he still has to FIND a "large merchant" ? How can anyone possibly think that's possible after his amazon/walmart fiasco?

They discuss it as if it's as simple as calling walmart and saying "Hey can you hire some new tech staff to implement a cryptocurrency with 10 bag holders that the price fluctuates 100% weekly"
full member
Activity: 378
Merit: 100
Dont forget a big merchant who offers xpy as a payment option brings more exposure to paycoin and that will drive the price up as well!

So a big merchant can never hurt even if they immediately sell the xpy they receive. Secondly it increases volume and huge volume attracts new investors as well..

I do agree a big merchant will not instantly fix all problems, but talking this negative surely isnt true as well

Overstock taking bitcoin was big news, and gave btc a bit of a boost at the time. But that's BTC, and a CEO of Overstock who is a strong believer in BTC.

No large and widely-known merchant is going to accept XPY directly. No company with a reputation to uphold is going to want to be associated with XPY. No company looking to accept crypto is going to start with an obscure and trouble alt coin like XPY.

If a large-ish and somewhat obscure company accepts XPY indirectly via something like the zincsave browser plugin, with a 10% bonus that GAW probably scrapes from a large buy/sell spread, it's not even worth a yawn.
hero member
Activity: 770
Merit: 509
Secondly there is almost nobody who purchases anything with btc yet.

Are you the CEO of bitcoin?

If not, I'm not sure how you could know this.
sr. member
Activity: 258
Merit: 250
Sleep on it some more maybe it will come to you
sr. member
Activity: 406
Merit: 260
The Scamcoats are coming!
Merchant acceptance is one of the things Bitcoin price is struggling with, because it causes continuous downward price pressure due to merchants constantly dumping BTC every day.

Again: EXPLAIN how merchants accepting XPY will make the price go up. CONCENTRATE!

Absolutely not true as well. The btc sold by merchants have been previously bought by someone else so in the end it makes zero differnce. Secondly there is almost nobody who purchases anything with btc yet. Most volume is purely created by companies (mostly chinese) who speculate with it.

WRONG!

Merchants dump crypto at the current highest Buy Bid and drive the price down. The bigger the merchant, the bigger the downspike in price will occur when they dump. In the case of XPY a small merchant of ~$5,000/day would drop the price by a solid 25% every time they dumped. In other words they would get shafted on the majority of the XPY they took in at market value every day. And you can take your fairy tales about Josh handing out bags of cash to merchants and shove them up your ass, because that is not happening.
hero member
Activity: 788
Merit: 505
GAW believer's explain how merchant acceptance raises XPY price.

Merchant acceptance is one of the things Bitcoin price is struggling with, because it causes continuous downward price pressure due to merchants constantly dumping BTC every day.

Again: EXPLAIN how merchants accepting XPY will make the price go up. CONCENTRATE!
Dumping bitcoin cos its too slow and they don't want it, it does not suit their purpose
If youy cannot see past the end of your nose you are beyond help.

YOU CONCENTRATE
AND TRY TO WAKE UP

WTF are you smoking , Dave? Are you going to attempt to explain why merchants accepting XPY will make the price go up or not?

CHILD

You shouldn't smoke child. I'm pretty sure it's illegal in most jurisdictions.
sr. member
Activity: 258
Merit: 250
GAW believer's explain how merchant acceptance raises XPY price.

Merchant acceptance is one of the things Bitcoin price is struggling with, because it causes continuous downward price pressure due to merchants constantly dumping BTC every day.

Again: EXPLAIN how merchants accepting XPY will make the price go up. CONCENTRATE!
Dumping bitcoin cos its too slow and they don't want it, it does not suit their purpose
If youy cannot see past the end of your nose you are beyond help.

YOU CONCENTRATE
AND TRY TO WAKE UP

WTF are you smoking , Dave? Are you going to attempt to explain why merchants accepting XPY will make the price go up or not?

CHILD
sr. member
Activity: 518
Merit: 250
Merchant acceptance is one of the things Bitcoin price is struggling with, because it causes continuous downward price pressure due to merchants constantly dumping BTC every day.

Again: EXPLAIN how merchants accepting XPY will make the price go up. CONCENTRATE!

The btc sold by merchants have been previously bought by someone else so in the end it makes zero difference. Secondly there is almost nobody who purchases anything with btc yet. Most volume is purely created by companies (mostly chinese) who speculate with it.
sr. member
Activity: 406
Merit: 260
The Scamcoats are coming!
GAW believer's explain how merchant acceptance raises XPY price.

Merchant acceptance is one of the things Bitcoin price is struggling with, because it causes continuous downward price pressure due to merchants constantly dumping BTC every day.

Again: EXPLAIN how merchants accepting XPY will make the price go up. CONCENTRATE!
Dumping bitcoin cos its too slow and they don't want it, it does not suit their purpose
If youy cannot see past the end of your nose you are beyond help.

YOU CONCENTRATE
AND TRY TO WAKE UP

WTF are you smoking , Dave? Are you going to attempt to explain why merchants accepting XPY will make the price go up or not?
sr. member
Activity: 258
Merit: 250
Merchant acceptance is one of the things Bitcoin price is struggling with, because it causes continuous downward price pressure due to merchants constantly dumping BTC every day.

Again: EXPLAIN how merchants accepting XPY will make the price go up. CONCENTRATE!
Dumping bitcoin cos its too slow and they don't want it, it does not suit their purpose
If youy cannot see past the end of your nose you are beyond help.

YOU CONCENTRATE
AND TRY TO WAKE UP
full member
Activity: 378
Merit: 100
Why did bitcoin take 60% of western unions business.?

I don't suppose you have a source for that claim?
sr. member
Activity: 518
Merit: 250
Dont forget a big merchant who offers xpy as a payment option brings more exposure to paycoin and that will drive the price up as well!

So a big merchant can never hurt even if they immediately sell the xpy they receive. Secondly it increases volume and huge volume attracts new investors as well..

I do agree a big merchant will not instantly fix all problems, but talking this negative surely isnt true as well
full member
Activity: 378
Merit: 100
No more bank fees for merchants?

That's actually a coherent comment. Who are you, and what have you done with dave01? :-)

The bank fees that affect merchants are credit card fees. Merchants could accept BTC to avoid credit card fees, and that's a clear advantage. They also avoid chargebacks that way. And yet they aren't rushing to accept BTC. How much less likely is it that they would accept some obscure alt coin like XPY?

A merchant of any size doesn't pay bank fees other than for credit cards. I just opened a new business account at the local bank, with zero fees for $50 min balance. Checking + debit card. Huge fees for credit cards though, that's where they get you.

Merchants who accept crypto will, with few exceptions, immediately sell it for fiat. Their suppliers want to be paid in fiat. Their utilities and mortgages and rents have to be paid in fiat. Their employees want to be paid in fiat. Taxes have to be paid in fiat.

And if the merchants immediately convert crypto to fiat, when you buy something with your crypto you're adding to selling volume. IOW, it's downward pressure on the price.

What Josh is suggesting that he'll offer is some merchant accepting XPY at 10% over market. Right now that's about $0.90 per paycoin. I doubt he can even accomplish that much, but time will tell.
sr. member
Activity: 406
Merit: 260
The Scamcoats are coming!
Merchant acceptance is one of the things Bitcoin price is struggling with, because it causes continuous downward price pressure due to merchants constantly dumping BTC every day.

Again: EXPLAIN how merchants accepting XPY will make the price go up. CONCENTRATE!
sr. member
Activity: 258
Merit: 250
Explain how no bank fees for merchants drives XPY price up, Dave.

Dollars cost them more to process
Straight economics


You did not explain how this translates into making the XPY price go up. Simple question , Dave. CONCENTRATE.
Surley your kidding me
Why did bitcoin take 60% of western unions business.?



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