Author

Topic: GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :) - page 2204. (Read 3377945 times)

sr. member
Activity: 372
Merit: 250
Reading the announcement at https://hashtalk.org/topic/23082/paycoin-stall-update

Quote from: GAW_Ceo
First, a congratulations is in order. Paycoin was the most successful coin that has ever launched. Period.

About 10% of the entire Bitcoin network moved to Paycoin in a twenty minute period! I am still trying to wrap my head around this.

Think about that for a minute, this community has built a coin so large, that in less than 12 hours, we were able to take 10% of miners from the most popular in the world (btc).

The critics said we would not stand a chance against Bitcoin. In just a few hours, we have broken every record in crypto history. Imagine what we will do in a month from now, six months from now?

We have multiple coin development teams working on this and they are all saying the same thing, "We have never seen anything like this before. "

And, that's the problem. There was no way to ever test that much power coming on that quickly. This caused the coin to stall.

More info coming.

How is "that the problem", if this is a SHA256 clone how is it that it can't sustain 5-6PH and the bitcoin network sustains 290+PH?  Don't they have 8PH in Bitmain miners to test this thing out?
legendary
Activity: 1246
Merit: 1024
Haha its so funny. Josh is literally the most retarded person i've ever had the displeasure of seeing operate a business.

That's an insult to mentally challenged people. Calling Josh retarded is being too kind to him.
legendary
Activity: 3654
Merit: 8909
https://bpip.org
so,,, since i don't hang on HT anymore, wtf are these stakers doing atm, nothing? Can people even *get* any XPY coins yet other than by this mining outside of gaw? i so confused...  Huh

Well the first PoW block gave GAWminers 11,000,000 coins (one block, 11M coins).
The entire week of PoW mining will give the rest of the miners 504,000 coins (10080 blocks, 49 coins per block).

What pre-mine?

If it went over your head, the "miners" get chicken feed , there's no value in anybody pointing 2PH/s at this worthless network.

https://twitter.com/gawceo/status/532173907718332417

Quote
In the spirit of what crypto stands for, we will not premine. We will obtain our coins like everyone else! By mining for them Smiley

They did mine them. A lot of them. 12 million. In one block. Entirely due to luck they happened to get it before anyone else.
newbie
Activity: 24
Merit: 0
Source is pulled from github.

https://github.com/GAWMiners/paycoin

Quote
josh: We have multiple coin development teams working on this and they are all saying the same thing "We have never seen anything like this before"  And thats the problem, there was no way to ever test that much power coming on that quickly. This casaused the coin to stall.  More info coming.
legendary
Activity: 3654
Merit: 8909
https://bpip.org
https://twitter.com/gawceo/status/543618777565650944

Josh Garza
‏@gawceo
Over 10% of all the bitcoin network moved to paycoin in the same twenty minute period. Update coming



@gawceo getting savaged on twitter LOL!  Grin



Dan is asking for a ban:

Quote
Dan DeFelippi ‏@ExpertDan  8m8 minutes ago
@gawceo 100% confirmed: paycoin is completely broken.
hero member
Activity: 655
Merit: 504
You wan chili saus?
so,,, since i don't hang on HT anymore, wtf are these stakers doing atm, nothing? Can people even *get* any XPY coins yet other than by this mining outside of gaw? i so confused...  Huh

Well the first PoW block gave GAWminers 11,000,000 coins (one block, 11M coins).
The entire week of PoW mining will give the rest of the miners 504,000 coins (10080 blocks, 49 coins per block).

What pre-mine?

If it went over your head, the "miners" get chicken feed , there's no value in anybody pointing 2PH/s at this worthless network.

https://twitter.com/gawceo/status/532173907718332417

newbie
Activity: 14
Merit: 0
https://twitter.com/gawceo/status/543618777565650944

Josh Garza
‏@gawceo
Over 10% of all the bitcoin network moved to paycoin in the same twenty minute period. Update coming



There you go, proof that GAW has over 10% of Bitcoin network. They moved to Paycoin and broke it.  Cool
lol, ya did you read some of the response tweets? followers are still euphoric no matter what's going on in the background behind the scenes,,, anyone remember "Bagdad Bob" ?  Wink
dude check his recent tweet haha good ima dump
legendary
Activity: 3654
Merit: 8909
https://bpip.org
https://twitter.com/gawceo/status/543622741778530304

Quote
100% confirmed: paycoin is officially the most popular coin that's ever launched

I think right now roughly about 0% (of blocks) are actually confirmed  Grin

What a buffoon...
sr. member
Activity: 420
Merit: 260
https://twitter.com/gawceo/status/543618777565650944

Josh Garza
‏@gawceo
Over 10% of all the bitcoin network moved to paycoin in the same twenty minute period. Update coming



@gawceo getting savaged on twitter LOL!  Grin

legendary
Activity: 2198
Merit: 1000
https://twitter.com/gawceo/status/543618777565650944

Josh Garza
‏@gawceo
Over 10% of all the bitcoin network moved to paycoin in the same twenty minute period. Update coming



There you go, proof that GAW has over 10% of Bitcoin network. They moved to Paycoin and broke it.  Cool
lol, ya did you read some of the response tweets? followers are still euphoric no matter what's going on in the background behind the scenes,,, anyone remember "Bagdad Bob" ?  Wink
newbie
Activity: 14
Merit: 0
https://twitter.com/gawceo/status/543618777565650944

Josh Garza
‏@gawceo
Over 10% of all the bitcoin network moved to paycoin in the same twenty minute period. Update coming



There you go, proof that GAW has over 10% of Bitcoin network. They moved to Paycoin and broke it.  Cool
yes bring bak xpy i still wana dump like rest of our own anti ht fix it josh i wana attack your fiat reserve
member
Activity: 71
Merit: 10
https://twitter.com/gawceo/status/543618777565650944

Josh Garza
‏@gawceo
Over 10% of all the bitcoin network moved to paycoin in the same twenty minute period. Update coming



There you go, proof that GAW has over 10% of Bitcoin network. They moved to Paycoin and broke it.  Cool

Bitcoinwisdom shows the bitcoin network as around 290 PH so that would mean they had 29 PH on Paycoin. It wasn't even close to that. I think he misplaced a decimal in there somewhere lol
legendary
Activity: 3654
Merit: 8909
https://bpip.org
https://twitter.com/gawceo/status/543618777565650944

Josh Garza
‏@gawceo
Over 10% of all the bitcoin network moved to paycoin in the same twenty minute period. Update coming



Just looking at bitcoin watch, hard to see it if it really did,,, what was the petahash of paycoin pool earlier? I saw 1.4 at one point... not 10% of BTC network.. lol

Pool was 2.5 or so. The whole network was 5 PH/s, maybe up to 6 at the peak I think, around block 269 was the last time I looked at it and it broke at 277.
legendary
Activity: 3654
Merit: 8909
https://bpip.org
https://twitter.com/gawceo/status/543618777565650944

Josh Garza
‏@gawceo
Over 10% of all the bitcoin network moved to paycoin in the same twenty minute period. Update coming



There you go, proof that GAW has over 10% of Bitcoin network. They moved to Paycoin and broke it.  Cool
legendary
Activity: 2198
Merit: 1000
https://twitter.com/gawceo/status/543618777565650944

Josh Garza
‏@gawceo
Over 10% of all the bitcoin network moved to paycoin in the same twenty minute period. Update coming



Just looking at bitcoin watch, hard to see it if it really did,,, what was the petahash of paycoin pool earlier? I saw 1.4 at one point... not 10% of BTC network.. lol
hero member
Activity: 504
Merit: 500
https://twitter.com/gawceo/status/543618777565650944

Josh Garza
‏@gawceo
Over 10% of all the bitcoin network moved to paycoin in the same twenty minute period. Update coming

newbie
Activity: 14
Merit: 0
notice how josh is hideing now
legendary
Activity: 2198
Merit: 1000
NOMP down? page cannot be displayed... that's not good lol so hows the paycoin mining going so far?

I'm hearing that multicoinpool.org is still mining. I wonder how that is going to turn out. Will there be a fork when the new nodes come up and the official pool comes back.

If they are still mining, there almost has to be a fork,,, at this point? wow what a frick'n mess...... things couldn't be going worse this past week. As a miner I am always curious to see the latest greatest concept, but never felt this was the coin ,,, problem is they over stated and under delivered, classic bad judgment..

What do you mean things couldn't be going worse? Things are going as "expected".
lol!!!!  Grin you got that right
sr. member
Activity: 372
Merit: 250
someone posted there own tos on ht and they removed it

Maybe it's secret?
newbie
Activity: 14
Merit: 0
good job on the tos attack guys wake them up they didnt delete it 'yet' i just couldnt find it for a sec alot people woke up that tos was posted perfect timeing
Jump to: