Author

Topic: Paycoin (XPY) dropped $30 Million from $100+ Million market cap in one day (Read 2078 times)

legendary
Activity: 1764
Merit: 1000
Miners dumping? Nethash and diff were crazy all the time...
why people are so crazy for this new coin?
any perfect features?

Its all about the money! I wonder how high this coin can reach a piece.
hero member
Activity: 770
Merit: 500
Miners dumping? Nethash and diff were crazy all the time...
why people are so crazy for this new coin?
any perfect features?
legendary
Activity: 1708
Merit: 1000
Solarcoin.org
Hey look kids, same old Bitcoin Talk Bullshit.

And over there, a moose!
legendary
Activity: 1517
Merit: 1042
@notsofast
At this point I'm holding zero XPY and have nothing to do with GAW, I'm just sitting back with my popcorn
legendary
Activity: 2688
Merit: 1240
Miners dumping? Nethash and diff were crazy all the time...
legendary
Activity: 2002
Merit: 1051
ICO? Not even once.
On a sidenote, last week GAW_CEO was asked regarding when the so promised maintenance fee drops will come and he said they don't even have all their datacenters up and running and it won't happen before that. Recently he also tweeted "Even though the mining centers are noisy and hot, it will be sad to see them go. RIP" which have been deleted. And he also tweeted that about 90% of Hashlets have been converted to Hashtakers. In addition, he's turning away from mining due to decreased profitability, when he was asked to let Genesis miners to mine XPY instead of Bitcoin he said "We can allow sha to mine paycoin directly, but it will not make sense. Between the maintenance fee and the difficulty, it will not be profitable."

So you can really only trust XPY as much as you can trust a guy who keeps contradicting himself because at the end of the day the coin belongs to him while the US goverment can also do whatever the hell they want with it.
copper member
Activity: 1162
Merit: 1025
not to mention they fucked a bunch of us miners out of alot of coins, so yeah typical gaw bullshit scam. that pissed alot of people off, they paid some people and not others and its just all fucked up. doesnt really make people confident that 20 year old kid is capable of doing anything right. normally when we mine on a pool and dont get paid its officially a scampool right? well gaw shouldnt be treated any different. as far as im concerned those dicks are the definition of everything wrong with crypto. i hope that coin and their ponzi go straight to zilch.
legendary
Activity: 2002
Merit: 1051
ICO? Not even once.
It will drop more around Friday when HashPoints will be converted into XPY.

Other than that, I can't see it succeeding mainly becuase it's tied to the US with a company behind it so it's not even completely decentralized.
sr. member
Activity: 476
Merit: 250
Paycoin (XPY) dropped $30 Million from $100+ Million market cap in one day

https://chainz.cryptoid.info/xpy/

Is it because of the dispute about the use of the name Paycoin (PYC)?
Has the investors of Paycoin (XPY) lost confidence?
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