I hate to admit it but this has gone badly, I was one of the few lucky ones who did snap up the $20.06 on offer through pay base, however I was stupid enough to reinvest. I am closing out the position and will still get an average price of $15. However I am now seeing this for what it is and that is just another alt coin, everything you can do in Pay Base once on line I can already do in one format or another here in Australia with BTC.
As for the hash stakers all of mine were converted hashlets as there was no point in keeping an investment that was never going to win, the premier account doesn't do anything for me as I am in Australia and most of the features will be US based, as Josh is trying to ensure everything he does is within the law only US citizens will be able to get a debit card.
Hashstakers are already a dead investment, if you bought a staker you have no chance of a ROI at $9.00 per coin. The converted ones will only miss the opportunity to sell their coins as the market is dying.
With only 1.4 million dollars in trade yesterday Josh should of been able to keep a $20 floor in place but chose not to, in fact had of Josh put and kept a $20 floor in place the markets would now be trading at around the same level.
So I now find myself asking what has happened to the supposed 100 million fiat, and the 10 million in BTC mined (as stated in the WJS article), the 10 million in BTC alone should have held a floor price.
I have been a semi supporter of GAW but now find the lies are to far fetched for me, I actually think LTC gear has more chance of paying me this week then I have in seeing the $20 floor price again.
So I must say I now think that most people here are right and I was probably wrong.
As for the hash stakers all of mine were converted hashlets as there was no point in keeping an investment that was never going to win, the premier account doesn't do anything for me as I am in Australia and most of the features will be US based, as Josh is trying to ensure everything he does is within the law only US citizens will be able to get a debit card.
Hashstakers are already a dead investment, if you bought a staker you have no chance of a ROI at $9.00 per coin. The converted ones will only miss the opportunity to sell their coins as the market is dying.
With only 1.4 million dollars in trade yesterday Josh should of been able to keep a $20 floor in place but chose not to, in fact had of Josh put and kept a $20 floor in place the markets would now be trading at around the same level.
So I now find myself asking what has happened to the supposed 100 million fiat, and the 10 million in BTC mined (as stated in the WJS article), the 10 million in BTC alone should have held a floor price.
I have been a semi supporter of GAW but now find the lies are to far fetched for me, I actually think LTC gear has more chance of paying me this week then I have in seeing the $20 floor price again.
So I must say I now think that most people here are right and I was probably wrong.
I'm in agreement here. The floor problem bothers me the most.
Floor? You mean this floor bothers you?
Looks fine to me. I think you should send more money to Josh because he is a real swell guy.
Oh, and the real XPY floor does not actually have a cool slide like that. You just plummet down and go splat.
I am always man enough to were my loses, just as I have with LTC Gear, I am just lucky that Prime Hashlets got me into a position of profit when I got extremely lucky and they went to $50, I sold 1 account that cleared all money spent on Crypto and have been playing with profit ever since, I also ensure I take a little for myself every week.
I also do not believe there are any large investors and the tiny chat love in did nothing to inspire me, I feel for the people who paid $20 via credit card on Paycoin.com with the belief that there was a floor. To make it worse there is one Guy who bought 20K worth and then bought hashstakers to stake them. So effectively spent 39K for a 180 day return of more than likely of 26K including the return of his coin, a 13K loss and I am sure he is only the tip of the iceburg.
I have only converted stakers and I cash my earnings every day regardless of price, this goes towards my weekly earn, will I stake again when some of these expire, Hell would have to freeze over or Pay Coin would have to somehow become a success.
My main problem now is where to invest, home mining is out of the question power rates are to high in Australia. A lot of sites have fallen over, so for now I seem to be in a holding pattern.
I am glad I did not cop an absolute flogging here, and if you now of any where to invest I am open to suggestions
Someone in as deep as me does not simply exit, and to do so would be foolish. There are many considerations, including taking some risk that it does work out. 