The problem with XPY is the market sqeeze, or that 99% of the currency in circulation is in the hands of a few individuals. This allows them to manipulate the market in any way they wish, and inflate the currency at a maximum of 350% with their private "prime nodes". It is no different than the federal reserve, with extreme centralized control - which is something I think it would be wise to not get involved in.
Thank You,
Viz.
Yes, this would be the problem regardless of all the misleading statements and lies coming from GAW.
Hey guys, I waited to post on this site until I can get the paycoin fanboy part of me destroyed. I want to post in a respectable way. I am invested in paycoin and can say there is no scam. Ill admit that at first there was too much talk and exitement and Josh admitted he made mistakes. But a group of people do hate gaw and dumped. That screwed the price. The reason he has bodyguards or whatever is because of threats. Paycoin is not going to fail and there is money to be made. Now may be the last chance to get in cheap. With that said, I love bitcoin. I hope the days come back where we can mine from home and make money. I got screwed by mtgox also. I understand people are on edge because there are a lot of scams. Each coin has their place. We need bitcoin. We need it because of the anonymity. Unfortunately these are hard times with the price drops. I didnt come here to say immature things like xpy will kill bitcoin or ask you to buy them. I just want to say lets have a little more respect and support all coins because they each have their place. Attack me if you wish but there is good information on this site and I would like to be a part of this community also. I love crypto.
You won't be attacked by me or banned here.
What is your username on Hashtalk?
How much have you invested in Paycoin thus far?
Is your investment lower or higher in value at this point?