Topic: GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :) - page 2373. (Read 3377790 times)

Haspoint to PayCoin conversion has been postponed till the end of Round 2, which would be December 4. They did not update the official timeline. Primes went up because of the PayBase announcement (PayBase is a sort of a PayPal+CoinBase hybrid, a payment processor). Primes will gain some new features, which we are still trying to figure out, the whole HashStaker thing is confusing, but Primes are supposed to be able to do the same thing as the HashStaker.

Great, so no technical details on the actual product page. Some kind of explanation buried in a forum post, still no technical details. And the forum site is down. So what is the damn staking rate that we're pre-ordering? "much higher"?  

Let me make this absolutely crystal clear. GAW’s entire Paycoin Prime Controller stake rate will be owned by, and distributed to HashStaker owners. And, since Prime Controllers go back into bidding every six months, HashStakers will work on a 6-month round system, which lock-in their rates for that entire period.

This means your profitability is guaranteed for the entire duration that your HashStaker is active. Not everyone can own a HashStaker, but everyone who owns one will be profitable.

Round One Start Date: Mid-December
Round One estimated payout: Between .0075 and .01 Paycoins per day

These numbers are based on our mining and investments made thus far in the ICO. We will declare the final number once the round begins.

They expire after three or six months. You have to buy new ones every staking round. They "ROI" before your time period ends so no problem the stakers expiring, 

so basically, you take a bet on whether GAW will still exist for another 3 or 6 months, and if you're right, you get paycoin "dividends", and if not, you lose everything. Clever!

It was here:

https://hashtalk.org/topic/20275/the-hashstaker-is-here

But now coming up a 500 internal error. I had to reboot computer and did not PDF the page before rebooting.

You pay ones for the staker and use it to lock your coins for 3 or 6 months you get % every day after 3 or 6 months the coins are released and you can put them back in the staker for another 3 to 6 months you don't have to buy a new staker the staker is like a wallet.. According to the white paper prime controller stakes are much higher than the 0.4%/month for normal wallets.


Edit: clarification

We Call it the HashStaker - The World’s First Cloud Staking Wallet.

HashStaker is not a Hashlet. It’s an entirely new generation of currency generating devices; one that works with Prime Controllers and Proof of Stake. We’ve taken everything you love about mining, and created a product where you can more reliably judge its profitability over time.

Of course, this means exactly what you would expect: You will be able to generate next-generation PoS cryptocurrencies, like Paycoins, more reliably and profitably than ever before. However, here is the thing, HashStaker works on a completely new generation of currency technology, that no one else has, like PoS utilizing Prime Controllers.

HashStaker wallets payout new currency and use next-generation technology that makes them capable of things you could only dream of with a traditional mining rig. Features like:

No-drops in payouts for their entire lifespan.
Complete immunity to difficulty increases.
Zero maintenance fees. Forever!
The highest payouts of any miner, period.
Customizable - only buy what you need.
Guaranteed 99.99% uptime.
And, the most exciting thing about HashStakers is their profitability!

At our planned investment amount, your HashStakers will consistently reach ROI in 2.5-4.5 months! What miner can do that? :grinning[]:

And, we’ve only scratched the surface. You will soon be able to trade them, sell them, and amp them when Hashbase is released.

How do HashStakers Work

A HashStaker is a cloud based “Super Wallet” that we host for you in your ZenCloud account,, and leave open so it can stake. Since they are installed on our servers, they will stake at a rate equal to all the Prime Controllers GAW is managing.

Current Hashlet Owners
We haven’t forgotten about you. You will soon have the choice to upgrade to HashStakers. Next week, we announce the upgrade path for Primes, Zens, and other Hashlets.

But, all Hashlet Primes already have a HashStaker Wallet reserved. Why? Because you’re Prime :grinning[]:.

It sounds as if you're renting a "staking wallet":

Step 1: Select # of Coin Slots and Prime Cycle duration when buying your HashStaker. (durations are $9.95 for 3 months and $17.95 for 6 months)
Step 2: Buy Paycoins at Paycoin.com and send them from your wallet to your HashStaker’s address to load them. This activates your HashStaker†. (You can't do that yet, and there is a footnote missing).
Step3: Enjoy Payouts. Your HashStaker stakes every day, giving you daily Paycoin payouts based on the number of Paycoins inside your HashStaker wallet.

I'm not sure if that means your HashStaker will have to be renewed/repurchased after 3 or 6 months, or the duration means something else.

The concept sounds utterly ridiculous to me. Paying for a wallet to hold your coins? That is indeed changing crypto-currencies forever.

Isn't snake oil a fake product t begin with? In this case he offers something he vouches for, that to you may seem fake, but at the same time can turn out to be real.
If you trust in snake oil you are bound to lose money, with GAW the outcome is unknown, so a better comparison is gambling.

Isn't snake oil a fake product t begin with? In this case he offers something he vouches for, that to you may seem fake, but at the same time can turn out to be real.
If you trust in snake oil you are bound to lose money, with GAW the outcome is unknown, so a better comparison is gambling.

It was here:

https://hashtalk.org/topic/20275/the-hashstaker-is-here

But now coming up a 500 internal error. I had to reboot computer and did not PDF the page before rebooting.

Can you post a link where those ROI numbers a coming from? It sounds crazy that a $20 coin can earn $10 in interest in 2.5 months.

Yes, the number of HashStakers is limited each round. After the three or six month period they expire and you have to buy new ones again. If PayCoin increases in value the cost of the HashStakers will go up. ROI on 3 month staker supposed be 2.5 months and on 6 month staker 4.5 months. So .5 month or 1.5 months "profit."