Scary thing... Looks like LTCG scam ending before GAW scam. Everything crypto is just a cluster fuck.
Sigh, another newbie troll.
With lack of buyer confidence (which is happening right now), if it's a ponzi, we will know really quickly. Within 2 weeks or less. If it's a real business, no buying won't affect things at all. If it is a ponzi, no buying will mean it will be dust. All will be revealed very very soon either way. Don't shoot the messenger. I don't have any bias at all. I own some shares. My car payment isn't depending on it like some apparently though.
Most likely this thing has to play out, could take awhile and could go higher as the sheeple jump on board. Paycoin will also have lot of denial keeping prices higher than they deserve.
There is absolutely nothing, nothing special, innovative and NO business relationships to keep this coin up. Its pure hype and fake confidence keeping this going. Unfortunately cryptos is not a mature market, and we have a lot of people that are not real investors and kids that cannot put logical concepts together about his being a shitcoin with lot of hype together.
Even took me awhile to really come to grips with all this, as i was invested in hashlets way before the paycoin bullshit.
I'm just waiting for marketplace to open to sell all my hashstakers, which hopefully is soon, and already sold the coins they put in my account.
I won't repeat what others have said over and over, but if people cannot see this coin is a house of cards, build on quicksand then not sure what else will convince them.
The only real hope paycoin has going forward is enough people hype this coin like dogecoin, and hold long like doge. It would be only reason this coin could move forward, and has nothing to do with gawminers, or Josh.