Author

Topic: GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :) - page 2129. (Read 3377945 times)

newbie
Activity: 14
Merit: 0
the truth is r00tdude this surrey boy would steal your soul and bend you over and make you his wife and right before he did would politely and most generously tell you to bite the pillow cause its going in dry Cheesy no homo
legendary
Activity: 3654
Merit: 8909
https://bpip.org
no it was not removed. The title changed.

https://hashtalk.org/topic/23822

Thank you.

On a slightly different note - what do you make of this continuing bragging about hashrate?

https://hashtalk.org/topic/23789

Not sure why it bothers me so much but it's just so bizarre and illogical... I mean BTC is still at nearly 300 PH/s, so doesn't anyone stop to think for a minute where 100 PH/s could come from?

full member
Activity: 224
Merit: 100

(1) It was (according to Josh) used to pay ICO investors and for Hashpoint conversion (though as others have noted, this does not explain 12 million coins)


Anyone got any maths to show that ICO investors payment and HP conversion is not equal to 12 million? I'm on the fence till I see some proof. You guys are too biased to take at face value.

Here you go:

https://bitcointalk.org/index.php?topic=857670.msg9833591;topicseen#msg9833591
It's not conclusive, jimmothy appears to be wrangling the data till it fits the outcome he wants. There hasn't been any unbiased analysis afaict, and I expect that's not even possible till GAW release figures. Until then, this is all conjecture.
sr. member
Activity: 411
Merit: 250
If this guy's calculations are correct (So the final PoW Block with have almost 170,000 XPY reward in it?), then the race for the final block is going to be, hmm, crazy?

https://hashtalk.org/topic/23822/so-the-final-pow-block-with-have-almost-170-000-xpy-reward-in-it



... but most probably they'll change the rules and won't let it happen ... or not ... who knows Wink

This was removed from Hashtalk extremely fast Wink

PayCoin whitepaper states: "The miner who mines the final block, will receive a proportional block reward that is derived over the existence of the Proof-Of-Work stage, in relation to difficulty of the mined block".

Do I get this right that all blocks should be mined until 1419094800 (Sat, 20 Dec 2014 17:00:00 GMT)? And 12 mio coins have already been pre-mined and now the rest 500k are being mined?

no it was not removed. The title changed.

https://hashtalk.org/topic/23822
legendary
Activity: 3654
Merit: 8909
https://bpip.org

(1) It was (according to Josh) used to pay ICO investors and for Hashpoint conversion (though as others have noted, this does not explain 12 million coins)


Anyone got any maths to show that ICO investors payment and HP conversion is not equal to 12 million? I'm on the fence till I see some proof. You guys are too biased to take at face value.

Here you go:

https://bitcointalk.org/index.php?topic=857670.msg9833591;topicseen#msg9833591
full member
Activity: 224
Merit: 100

(1) It was (according to Josh) used to pay ICO investors and for Hashpoint conversion (though as others have noted, this does not explain 12 million coins)


Anyone got any maths to show that ICO investors payment and HP conversion is not equal to 12 million? I'm on the fence till I see some proof. You guys are too biased to take at face value.
sr. member
Activity: 406
Merit: 260
The Scamcoats are coming!
Genesis block 0 was empty. No coins and no trnsactions. Block 1 (first block after the genesis block) was mined for 12,000,000 coins. Many on HT says this was not pre-mining. If it is not a pre-mine then what the fuck is it?

00:45:38

{
"hash" : "0000000e0a66049e6c3dff958a3c5bd7de957869f4fb7de82d4c2869819e180a",
"size" : 266,
"height" : 1,
"version" : 1,
"merkleroot" : "bc464dabcff3a1a415f3929d70b049f5211adc26311bec7d2b4519ff0616a771",
"time" : "2014-12-12 05:10:03 UTC",
"nonce" : 178866433,
"bits" : "1d0fffff",
"difficulty" : 0.06249911,
"mint" : 12000000.00000000,
"previousblockhash" : "00000e5695fbec8e36c10064491946ee3b723a9fa640fc0e25d3b8e4737e53e3",
"nextblockhash" : "00000000005abecff9a573e179c7de15f394aea86b57c2a499a1a249875bf9e1",
"flags" : "proof-of-work",
"proofhash" : "0000000e0a66049e6c3dff958a3c5bd7de957869f4fb7de82d4c2869819e180a",
"entropybit" : 0,
"modifier" : "0000000000000000",
"modifierchecksum" : "5189c78a",
"tx" : [
"bc464dabcff3a1a415f3929d70b049f5211adc26311bec7d2b4519ff0616a771"
]
}


These are not the 12,000,000 coins you're looking for.

legendary
Activity: 3654
Merit: 8909
https://bpip.org
Genesis block 0 was empty. No coins and no trnsactions. Block 1 (first block after the genesis block) was mined for 12,000,000 coins. Many on HT says this was not pre-mining. If it is not a pre-mine then what the fuck is it?

It's simple. GAW competed for it with all of their 5 (or is it 35) petahashes, and by sheer luck managed to be the first to mine it. To make sure it was fair and balanced they didn't release the coin until 12+ hours after the first block was mined Smiley

According to the genuises on HT, it is not pre-mine because:

(1) It was (according to Josh) used to pay ICO investors and for Hashpoint conversion (though as others have noted, this does not explain 12 million coins)

(2) 12,000,000 Paycoins is so small in relation to the 1.5 billion coins that will be minted, that it matters not

(3) Who cares, because Satoshi himself premined so why not?

Seriously, this is the extent of the argument before my shadow ban for even asking the question.  Can't make this up.

I can, see above  Grin
newbie
Activity: 14
Merit: 0
See he's watching very closely and doesn't like being exposed

Exposed?
man up you pussie admit your dumping friday that or sell me on gaw or get the fck out of here


A man doesn't talk to other men the way you talk to me. I'm pretty sure if you and I were standing in front of one another, you'd take a different tone with me.

http://i0.kym-cdn.com/photos/images/newsfeed/000/732/510/252.jpg

 
that meme would be valid except im from surrey bc i come from a hood police sirens are 24/7 apc swat tanks roll down the street bodys turn up all the time gangs are in the parks 30deep at nyt gun shots can be heard every nyt we call it ghetto thunder they tell tourists to avoid my area its dangerous just making eye contact with people in surrey for to long causes problems we also have infamous slaughter houses take a guess what those are lol brains splatter on walls dead body disposal houses
sr. member
Activity: 434
Merit: 254
Genesis block 0 was empty. No coins and no trnsactions. Block 1 (first block after the genesis block) was mined for 12,000,000 coins. Many on HT says this was not pre-mining. If it is not a pre-mine then what the fuck is it?

00:45:38

{
"hash" : "0000000e0a66049e6c3dff958a3c5bd7de957869f4fb7de82d4c2869819e180a",
"size" : 266,
"height" : 1,
"version" : 1,
"merkleroot" : "bc464dabcff3a1a415f3929d70b049f5211adc26311bec7d2b4519ff0616a771",
"time" : "2014-12-12 05:10:03 UTC",
"nonce" : 178866433,
"bits" : "1d0fffff",
"difficulty" : 0.06249911,
"mint" : 12000000.00000000,
"previousblockhash" : "00000e5695fbec8e36c10064491946ee3b723a9fa640fc0e25d3b8e4737e53e3",
"nextblockhash" : "00000000005abecff9a573e179c7de15f394aea86b57c2a499a1a249875bf9e1",
"flags" : "proof-of-work",
"proofhash" : "0000000e0a66049e6c3dff958a3c5bd7de957869f4fb7de82d4c2869819e180a",
"entropybit" : 0,
"modifier" : "0000000000000000",
"modifierchecksum" : "5189c78a",
"tx" : [
"bc464dabcff3a1a415f3929d70b049f5211adc26311bec7d2b4519ff0616a771"
]
}



According to the genuises on HT, it is not pre-mine because:

(1) It was (according to Josh) used to pay ICO investors and for Hashpoint conversion (though as others have noted, this does not explain 12 million coins)

(2) 12,000,000 Paycoins is so small in relation to the 1.5 billion coins that will be minted, that it matters not

(3) Who cares, because Satoshi himself premined so why not?

EDIT: (4) It was disclosed (really it wasn't fully: Josh initially said no pre-mining; whitepaper said 5.5 million premined for ICO investors; then a day before releasing wallet Josh posted something about additional investor which arguably implied having to increase the 5.5 million ICO premine round)

Seriously, this is the extent of the argument before my shadow ban for even asking the question.  Can't make this up.

legendary
Activity: 1246
Merit: 1024
Genesis block 0 was empty. No coins and no trnsactions. Block 1 (first block after the genesis block) was mined for 12,000,000 coins. Many on HT says this was not pre-mining. If it is not a pre-mine then what the fuck is it?

00:45:38

{
"hash" : "0000000e0a66049e6c3dff958a3c5bd7de957869f4fb7de82d4c2869819e180a",
"size" : 266,
"height" : 1,
"version" : 1,
"merkleroot" : "bc464dabcff3a1a415f3929d70b049f5211adc26311bec7d2b4519ff0616a771",
"time" : "2014-12-12 05:10:03 UTC",
"nonce" : 178866433,
"bits" : "1d0fffff",
"difficulty" : 0.06249911,
"mint" : 12000000.00000000,
"previousblockhash" : "00000e5695fbec8e36c10064491946ee3b723a9fa640fc0e25d3b8e4737e53e3",
"nextblockhash" : "00000000005abecff9a573e179c7de15f394aea86b57c2a499a1a249875bf9e1",
"flags" : "proof-of-work",
"proofhash" : "0000000e0a66049e6c3dff958a3c5bd7de957869f4fb7de82d4c2869819e180a",
"entropybit" : 0,
"modifier" : "0000000000000000",
"modifierchecksum" : "5189c78a",
"tx" : [
"bc464dabcff3a1a415f3929d70b049f5211adc26311bec7d2b4519ff0616a771"
]
}
legendary
Activity: 1246
Merit: 1024
FREE SERVICE: TEST YOUR NEW XPY WALLETS TO MAKE SURE THEY CAN RECEIVE XPY PROPERLY.

SEND 1 XPY TO PSKBHoCVeDpkhHu2jzF6bii4Q4eDkRFh1S AND PROVIDE YOUR EMAIL ADDRESS.

EMAIL VERIFICATION OF RECEIPT OF XPY WILL BE PROVIDED.

THIS IS YOUR PROOF THAT YOUR WALLET IS WORKING.


I've send over 100 X 1 XPY because I'm kind of unsure whether this is working or not.

Please email verification to [email protected]


You no send anything. NO get.

member
Activity: 107
Merit: 10
FREE SERVICE: TEST YOUR NEW XPY WALLETS TO MAKE SURE THEY CAN RECEIVE XPY PROPERLY.

SEND 1 XPY TO PSKBHoCVeDpkhHu2jzF6bii4Q4eDkRFh1S AND PROVIDE YOUR EMAIL ADDRESS.

EMAIL VERIFICATION OF RECEIPT OF XPY WILL BE PROVIDED.

THIS IS YOUR PROOF THAT YOUR WALLET IS WORKING.


I've send over 100 X 1 XPY because I'm kind of unsure whether this is working or not.

Please email verification to [email protected]
sr. member
Activity: 406
Merit: 260
The Scamcoats are coming!
The more I learn about this coin it just gets goofier by the minute.

Q: What to do about people getting wise to pre-mines of alt coins and avoiding anything with more than a couple percentage points of pre-mine?

A: Pre-mine 95% of the coin and hire some really good marketing fellas to convince everyone it is a great thing.

I recall a quote from this German fellow with a funny mustache who was an ace at mis-leading people:

Quote
Make the lie big, make it simple, keep saying it, and eventually they will believe it.
hero member
Activity: 868
Merit: 1000
If this guy's calculations are correct (So the final PoW Block with have almost 170,000 XPY reward in it?), then the race for the final block is going to be, hmm, crazy?

https://hashtalk.org/topic/23822/so-the-final-pow-block-with-have-almost-170-000-xpy-reward-in-it



... but most probably they'll change the rules and won't let it happen ... or not ... who knows Wink

This was removed from Hashtalk extremely fast Wink

PayCoin whitepaper states: "The miner who mines the final block, will receive a proportional block reward that is derived over the existence of the Proof-Of-Work stage, in relation to difficulty of the mined block".

Do I get this right that all blocks should be mined until 1419094800 (Sat, 20 Dec 2014 17:00:00 GMT)? And 12 mio coins have already been pre-mined and now the rest 500k are being mined?

Yep, first block was 12mil I believe and that was done by GAW.
newbie
Activity: 36
Merit: 0
If this guy's calculations are correct (So the final PoW Block with have almost 170,000 XPY reward in it?), then the race for the final block is going to be, hmm, crazy?

https://hashtalk.org/topic/23822/so-the-final-pow-block-with-have-almost-170-000-xpy-reward-in-it

https://i.imgur.com/P5wjyXi.png

... but most probably they'll change the rules and won't let it happen ... or not ... who knows Wink

This was removed from Hashtalk extremely fast Wink

PayCoin whitepaper states: "The miner who mines the final block, will receive a proportional block reward that is derived over the existence of the Proof-Of-Work stage, in relation to difficulty of the mined block".

Do I get this right that all blocks should be mined until 1419094800 (Sat, 20 Dec 2014 17:00:00 GMT)? And 12 mio coins have already been pre-mined and now the rest 500k are being mined?
sr. member
Activity: 406
Merit: 260
The Scamcoats are coming!
This thread has 10 years worth of AMD/Intel type of trolldom rolled into one little lump. Tasty!  Tongue

Brass Tacks: What yield are people mining Paycoin actually seeing??

I could care less about all of the holier-than-thou BS and brand identification trollery. I just want to know if it would be better to take my miners off of renting and directly mine Paycoin? The yield predicitions I see on Multicoin pool jump around so wildly they make Firefly coin look a bedrock of stability.

Around .076 btc per th/s in a 24 hour period

Thank you. That is around the number I was getting by trying to average the wild prediction swings. I think I will stick to renting. My last payout was .074 / 12 hour shift for 1.8 TH. Not as good as a couple of .05 / 6 hour shifts I had a couple days ago when this nuttiness began, but still the best thing going. Nicehash went to 12 hour shifts last night, must be overloaded.....
full member
Activity: 478
Merit: 125
This thread has 10 years worth of AMD/Intel type of trolldom rolled into one little lump. Tasty!  Tongue

Brass Tacks: What yield are people mining Paycoin actually seeing??

I could care less about all of the holier-than-thou BS and brand identification trollery. I just want to know if it would be better to take my miners off of renting and directly mine Paycoin? The yield predicitions I see on Multicoin pool jump around so wildly they make Firefly coin look a bedrock of stability.

Around .068 btc per th/s in a 24 hour period
legendary
Activity: 1246
Merit: 1024
FREE SERVICE: TEST YOUR NEW XPY WALLETS TO MAKE SURE THEY CAN RECEIVE XPY PROPERLY.

SEND 1 XPY TO PSKBHoCVeDpkhHu2jzF6bii4Q4eDkRFh1S AND PROVIDE YOUR EMAIL ADDRESS.

EMAIL VERIFICATION OF RECEIPT OF XPY WILL BE PROVIDED.

THIS IS YOUR PROOF THAT YOUR WALLET IS WORKING.
legendary
Activity: 2912
Merit: 1060
Can I buy a vest with my paycoin?
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