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Topic: GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :) - page 2164. (Read 3377790 times)

legendary
Activity: 2912
Merit: 1060
That 42 BTC wall at ~$10 was eaten through really fast. Congrats to whoever had the privilege of getting the lemmings' money. Now I can see why Josh continues his scam. People just throwing free money out seems like a nice thing to have.

what if that was josh's xpy that got the lemmings money. 1 million coins are missing Smiley

What's the price now
sr. member
Activity: 462
Merit: 251
please dont compare me to josh Sad

He's still better in writing than you Wink
legendary
Activity: 2912
Merit: 1060
Can anyone here tell me if this is really true? I don't follow alts, other than Monero/XMR.

thanks.

https://hashtalk.org/topic/23489/paycoin-xpy-has-surpassed-litecoin-ltc-in-market-cap/2

The numbers are roughly correct, but you need to understand how skewed Paycoin market is.

There are 12 million coins locked up. Only about 50-60k in the open market. So multiplying $11 or whatever it is by 12 million is meaningless. If hey had premined 1 billion coins would the market cap be higher than BTC?

So if i make a coin premine 100% 1 billion coins and sell a single coin to someone for $1 does that make my coins market cap $1 billion? Just curious if thats how it works. Wouldnt trade volume and executed tradesbe a better indicator... i.e transacted value per day?

That's exactly how it works. Look at ripple and stellar

And people on ht are jacking off and getting excited over that why? There is no logical reason for it. Its so absurd.

They're beliebers
member
Activity: 98
Merit: 10
That 42 BTC wall at ~$10 was eaten through really fast. Congrats to whoever had the privilege of getting the lemmings' money. Now I can see why Josh continues his scam. People just throwing free money out seems like a nice thing to have.

what if that was josh's xpy that got the lemmings money. 1 million coins are missing Smiley
member
Activity: 98
Merit: 10
Can anyone here tell me if this is really true? I don't follow alts, other than Monero/XMR.

thanks.

https://hashtalk.org/topic/23489/paycoin-xpy-has-surpassed-litecoin-ltc-in-market-cap/2

The numbers are roughly correct, but you need to understand how skewed Paycoin market is.

There are 12 million coins locked up. Only about 50-60k in the open market. So multiplying $11 or whatever it is by 12 million is meaningless. If hey had premined 1 billion coins would the market cap be higher than BTC?

So if i make a coin premine 100% 1 billion coins and sell a single coin to someone for $1 does that make my coins market cap $1 billion? Just curious if thats how it works. Wouldnt trade volume and executed tradesbe a better indicator... i.e transacted value per day?

That's exactly how it works. Look at ripple and stellar

And people on ht are jacking off and getting excited over that why? There is no logical reason for it. Its so absurd.
newbie
Activity: 14
Merit: 0
So it doesnot make sence to rent a miner to mine and dump peecoin?
Only actual miner owners and renters are having fun? Sad

At this point, it looks like the opportunity is diminishing. Like others have said, rental prices on Betarigs + Nicehash are high at the moment. Nicehash has been increasing steadily, although I was able to make a quick/small grab a handful of hours ago @ 0.121 BTC/TH/Day.

Looks like we're right at the buy wall now too.

Yep, only 12 BTC left at 0.0315, was it 23 BTC originally?

This will be an interesting test, there isn't much support below that.

destroy it i wana see ht idiots cry panic and use more money to support it and rent mineing power when buying direct is cheaper and there to stupid to figure it out even there ceo cant spell and there devs have the worst software skills there users retarded

Are you fucking kidding? You're calling out the GAW CEO on his spelling?? Have you read back one of your posts recently Grin You're the imbecile with no grasp of written English pal Wink
hey ima hood i speak alot slang im not a professional ceo like homero or pretend i am haha

Just interesting that you link grammar and spelling with business/finance ability. Plenty of CEOs are dyslexic, doesn't stop them running a business well. Maybe one day when you grow up you'll do something you think is cool too, and people can bitch about it on internet forums Wink

You are tasting your own medicine, it seems.
please dont compare me to josh Sad
legendary
Activity: 2912
Merit: 1060
It's funny they all calculate profit in btc and usd. These guys don't plan to hold shit.
ZiG
sr. member
Activity: 406
Merit: 250
So if you look in zencloud there is now a PayCoin logo next to hashpoints.. interesting.  If you go to balance and click the "-" symbol, there is now an option to withdraw XPY. It looks like the value is set to 20$ USD



..."Prices are from COINBASE" ... Grin

BTC - maybe ...XPY - in Josh dreams... Grin

Where is $20 wall, Homero... Huh

Also in his dreams...

ZiG
legendary
Activity: 924
Merit: 1060
 Shocked

Terrible parenting. WTF what parent would do this to the "child".


member
Activity: 90
Merit: 10
You are tasting your own madicine, it seems.

Josh is that you? No it can't be since you only misspelled one word. Your reply defines irony.. lmao!
/?
*edit* Don't try and correct your mistake now.. Joshy always leaves his typos in his posts. Oh wait he has his mom check his posts and correct spelling. Thanks Mom, you're the best!
sr. member
Activity: 462
Merit: 251
So it doesnot make sence to rent a miner to mine and dump peecoin?
Only actual miner owners and renters are having fun? Sad

At this point, it looks like the opportunity is diminishing. Like others have said, rental prices on Betarigs + Nicehash are high at the moment. Nicehash has been increasing steadily, although I was able to make a quick/small grab a handful of hours ago @ 0.121 BTC/TH/Day.

Looks like we're right at the buy wall now too.

Yep, only 12 BTC left at 0.0315, was it 23 BTC originally?

This will be an interesting test, there isn't much support below that.

destroy it i wana see ht idiots cry panic and use more money to support it and rent mineing power when buying direct is cheaper and there to stupid to figure it out even there ceo cant spell and there devs have the worst software skills there users retarded

Are you fucking kidding? You're calling out the GAW CEO on his spelling?? Have you read back one of your posts recently Grin You're the imbecile with no grasp of written English pal Wink
hey ima hood i speak alot slang im not a professional ceo like homero or pretend i am haha

Just interesting that you link grammar and spelling with business/finance ability. Plenty of CEOs are dyslexic, doesn't stop them running a business well. Maybe one day when you grow up you'll do something you think is cool too, and people can bitch about it on internet forums Wink

You are tasting your own medicine, it seems.
member
Activity: 90
Merit: 10
So if you look in zencloud there is now a PayCoin logo next to hashpoints.. interesting.  If you go to balance and click the "-" symbol, there is now an option to withdraw XPY. It looks like the value is set to 20$ USD

legendary
Activity: 3654
Merit: 8909
https://bpip.org
so.... they cant run a pool but can run a global payment network? Cmon surely this crack must make the skeptics even slightly weary and question GAWs competence? If this point doesnt nothing will.

They're all giddy now about "10 times more profitable than Bitcoin", I don't think anybody cares much about some copypasta pool.
can u post a link to this ht thread? thanks!

https://hashtalk.org/topic/23402
hero member
Activity: 966
Merit: 546
That 42 BTC wall at ~$10 was eaten through really fast. Congrats to whoever had the privilege of getting the lemmings' money. Now I can see why Josh continues his scam. People just throwing free money out seems like a nice thing to have.
legendary
Activity: 3654
Merit: 8909
https://bpip.org
So the sheep already ran out of money. Time for Fitzgerald?
yeah arnt they going to try and save the day

Gaw'd I hope so.  I have a bunch of Paycoins to sell at $20 each!  Shawdowbanned I may be, but rich I will be when the buy wall starts up at $20.

CEO said something like this about the floor: "You will be able to use XPY at $20 on Paybase" (emphasis mine). HT search sucks so I can't find the post unfortunately.
legendary
Activity: 3570
Merit: 1959
so.... they cant run a pool but can run a global payment network? Cmon surely this crack must make the skeptics even slightly weary and question GAWs competence? If this point doesnt nothing will.

They're all giddy now about "10 times more profitable than Bitcoin", I don't think anybody cares much about some copypasta pool.
can u post a link to this ht thread? thanks!
legendary
Activity: 3654
Merit: 8909
https://bpip.org
so.... they cant run a pool but can run a global payment network? Cmon surely this crack must make the skeptics even slightly weary and question GAWs competence? If this point doesnt nothing will.

They're all giddy now about "10 times more profitable than Bitcoin", I don't think anybody cares much about some copypasta pool.
sr. member
Activity: 434
Merit: 254
So the sheep already ran out of money. Time for Fitzgerald?
yeah arnt they going to try and save the day

Gaw'd I hope so.  I have a bunch of Paycoins to sell at $20 each!  Shawdowbanned I may be, but rich I will be when the buy wall starts up at $20.
legendary
Activity: 3654
Merit: 8909
https://bpip.org
Can anyone here tell me if this is really true? I don't follow alts, other than Monero/XMR.

thanks.

https://hashtalk.org/topic/23489/paycoin-xpy-has-surpassed-litecoin-ltc-in-market-cap/2

The numbers are roughly correct, but you need to understand how skewed Paycoin market is.

There are 12 million coins locked up. Only about 50-60k in the open market. So multiplying $11 or whatever it is by 12 million is meaningless. If hey had premined 1 billion coins would the market cap be higher than BTC?

So if i make a coin premine 100% 1 billion coins and sell a single coin to someone for $1 does that make my coins market cap $1 billion? Just curious if thats how it works. Wouldnt trade volume and executed tradesbe a better indicator... i.e transacted value per day?

Yes, it's the value of the coin multiplied by total number of existing coins. Works ok for normal coins, but the 96% premine sitting in "escrow" obviously screws that calculation up.
member
Activity: 98
Merit: 10
guess they pulled the plug on nomp pool zero hash rate now...

One more fail?

Cue the jokes about manual reconciliation and frozen withdrawals and all that pleasantly familiar stuff from ZenCloud. But it will all be working perfectly in Paybase  Grin

https://hashtalk.org/topic/23515

Quote
GAW_GM
Admin
Moderator
GAW Staff

Blocks 2-277 and pool.paycoin.org shutting down for good!

We are working through a manual payout for blocks 2-277. Manual payouts will be complete by midnight tomorrow.

As we are not public pool operators and several community pools have opened up we are shutting down this pool. All payouts will continue to happen and we will close down the pool tomorrow for good. We will wait for all shares to payout before taking down the pool servers.

A huge thank you to the community for creating PayCoin pools and other resources and for all of the reports regarding these payouts being stuck.

JMLite on IRC: I'm sure someone from GAW will see my logs here, even on a Sunday, they always do Smiley . And usually there is a hashtalk post related to it in the morning. I just hope they figure it out and do the right thing, and that my day's work investigating into it helps out with the first 277 block missing coins issues for everyone.

Several responses to the paycoin pool thread. https://hashtalk.org/topic/23296/pool-paycoin-com-online

JMLite we are always here!

so.... they cant run a pool but can run a global payment network? Cmon surely this crack must make the skeptics even slightly weary and question GAWs competence? If this point doesnt nothing will.
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