Topic: GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :) - page 2073. (Read 3377922 times)

and was this a 'mega block' ? https://chainz.cryptoid.info/xpy/block.dws?5945

https://www.betmoose.com/bet/paycoin-will-be-20-on-coinmarketcap-1_1_15-10500

Strange, no one betting FOR gaw on this yet

I have > 100 Hashstaker primes and about 100 converted zens.    I'm not large but it isn't tiny either.    I don't think it was about the amount invested though.  

aaaaaaand how much you invested in GAW?

I have been unbanned by Josh (GAW CEO) at HT.   He told me there was a report that I was trolling here, but he isn't the one that banned me.   I told him my user name and he took the time to check what I had been posting and then he said I shouldn't have been banned.  

I don't know if XPY/Paybase will be a success of not, but it is pretty amazing that he took the time to check on my ban and remove it.   I like to think for myself so I don't completely agree with anyone, but that was pretty good customer service.  

interesting:
https://chainz.cryptoid.info/xpy/#!rich

works fine for me, are you sure?
P.S. after 6 hours my coins are processed... seems they manually approve transactions bigger than 100 coins

I think this coin is getting lot of attention, and thus price goes up...
same effect was with bitcoin (sorry for comparing ) when it was just new to the world

I was so stupid to upgrade primes now i'll have to wait till those become SuperShitStakers and sell them after
unfortunately i didnt know about this thread by then

My whole problem with proof-of-stake is that it's supposed to be analogous to putting money in say a 3- or 6-month CD where it sits tied up and earns interest.
The reason a CD earns interest is that while it sits tied up, the bank issues loans and extends credit to businesses (very few 3- or 6- month personal loans). These businesses take the loans in order to continue day to day operations and repay it with a portion of future sales proceeds. The reason the businesses need the loans is that it's cheaper for them to borrow than to sit on excess cash that could put to work doing productive things.
Meanwhile, the bank promises you x% on your CD while it charges x + y% to the business, and makes the incremental profit of y%.

With a POS wallet, where does the interest come from? If it's just coming from the POS hashing creating a flow of coins by generating new money supply, well this is doomed to fail. Imagine if instead of the mechanics of the CD above, you put the money into the CD and get promised x%, and instead of loaning that money out to earn a spread on the interest received they ask the Fed to print x% more dollars for you. Nothing has changed. There has been no value added. The result is just more money, which will ultimately reduce the *real* value of that money in terms of buying power:

Say $100 buys all the groceries you need for the month.
You put $100 in a 3-month CD that pays a 3-month rate of 2%. And assume the second scenario where money is just created for you and not put to work. You receive $102 back after 3 months, but now it costs you $102 to buy all the same groceries for the month that used to cost $100.

Yes definitely.  But I was one of the lucky ones to get in early and bought half of my primes under $20 and had converted hardware.

I'm not sure everyone is betting against me, and the odds will change if gaw maintains the paywall; everyone will switch to yes and I'll make a very low return. On my bet I make 900% (betting 1 btc for 10.) and anyone who bets against me can make 10%.

I won't bet on anything that isn't fixed odds, because the EV is much harder to calculate, as it depends on how others bet. On fixed-odds, it doesn't matter what others do, I have the same payoff as when I first placed the bet.

No, it's 4% more profitable than BTC mining. 200% would be twice as profitable.

But you're in profit?

Hell yes!  Cashed out as soon as I could. 
Could have actually made a lot more if I would've kept mining HP and waited to sell my primes but I wasn't willing to take the risk given how incompetent they have proved to be.

the price they are expecting people to PAY FOR THIS CLONE - THERE SHOULD BE SOMEONE TO MAKE IT SYNC FOR ME!!  

can't be arsed, sry 4 CAPS

Even if it will, they will probably piss me off with their stupid Tire system... 4 verifications just to cash out what I already own? what the fuck..
i'll take out the coins, and wait monday, for the REAL exchange course to be in my favour... fuck gaw, i'm totaly pissed of with their service... even if with some magic this really works out for them, i dont want to deal with them any more...

in appdata/roaming/paycoin

make paycoin.conf

addnode=104.130.124.173
addnode=23.253.119.157
addnode=104.130.6.254
addnode=104.130.68.232

You keep wallet.dat you don't lose any coins. That is your keys and private keys. Back it up somewhere else to be safe. I did that no problem.

no chance, i've got coins locked in the wallet address. fire me up a conf file link