I will also say this. IF this paycoin is the real deal, there are many bitcoin big bagholders that would be extremely threatened by a new coin trying to trend in their territory and take over. As I hear over and over, bitcoin will also be.
Maybe it will, maybe it won't, but one thing is for sure, there will NOT just be one coin. Once we reach outside of cryptos you think people will care if it's bitcoin, paycoin, or whatever coin?
They will use what has most stable money, or what can be have stable or growing value. They won't care what coin it is, only those in cryptos now cannot see or don't wanna see bigger picture.
Gaw if for real, has this funding, well they probably will be the second coin that will have real trusted value and maybe even more popular as they have marketing money unlike bitcoin. Though in reality i think both would go up in value concurrently if paycoin takes off.
You're right on the money. These bagholders are now doing whatever they can to spread FUD about GAW on the forums. Just look at the number of new accounts posting about GAW here and you'll know shat it's all about.
oh come on nobody is that naive are they?
it's just another altcoin, there are thousands already, all trying to emulate the success of bitcoin, this is just another one of those that is doomed to be dumped, cashed in, in exchange for BTC.
the fact that it's had an excessive amount of advertising revenue behind it means absolutely nothing in real terms, the only people who are going to be buying and selling it, are those who are already buying and selling it, thus there will be an ultimate saturation point. Josh isn't going to be so foolhardy to spend all of his revenue continually to market this crap, after all, he's in it for profit, not for glory - or is he really that stupid?
Now this if just plan FUD. If you cannot see that $$$ talks and advertising works, well you must not live in the USA. Cause i promise you marketing works, and has been working for years.
This is silly comment. Bitcoin is just first. So was DOS, before windows. Then guess what, then microsoft came around toke the market with the GUI. So don't think others cannot play here, there is plenty of room. PLEASE, this crypto stuff is still like in 1994 comparitively to home PC's and internet. We have a long way to go before it's recognized mainstream.
So far, love them or hate them, if Gawminers is for real, they have the leading edge. Hate their business model, hate josh. I'm just saying, if they can show they have the financial backing, then I'm very sorry your very much mistaken this is not just an altcoin.