Whats the story with paycoin? | Bitcointalksearch.org

inBitweTrust

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Quote from: nzminer on December 23, 2014, 02:56:04 PM

Yeah, but whats odd is i cant see it on the CMC charts anymore.
What position is it currently at? It was around #3 the other day.

548 until those unaccounted for coins are found.

http://coinmarketcap.com/all/views/all/

nzminer

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Quote from: ?? on ??

Are you talking about XPY here? Where did you get this chart? XPY wasn't even trading on December 8. (started on the 16th).
The price is 0.036 BTC
http://coinmarketcap.com/currencies/paycoin2/

Yeah, but whats odd is i cant see it on the CMC charts anymore.
What position is it currently at? It was around #3 the other day.

Corenin

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i have seen many threads about paycoin scam
some users claims that it was launched by gawminers
others say its just another pump and dump scam

Oldminer

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Quote from: sniveling on December 23, 2014, 07:14:56 AM

WTF, it was near the top of coinmarketcap earlier this week and now it's not even on the first page. It went from near the top to 260th place in less than a week!

Its called a pump 'n dump.

EvilDave

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Yeah...it's really strange these days how CoinMarketCap always seems to get their numbers wrong.

A more cynical person than me would suspect that some coins deliberately under-represent their true totals at launch, and then later correct that figure once a reasonable market price has been set for the coin. Result: massive jump in apparent market cap, without any of that nasty pumping business. Or delivering anything useful........ Shocked

The best bit is that the market (yeah, us.) always falls for the trick, at least so far. Maybe PayCoin won't get away with it, but almost no-one looked twice when Ripple and Bitshares did it. (Ripple even did it twice, ffs.... Roll Eyes

)

Shit, if the US government decided to make everybody twice as rich, by printing twice as many dollar bills.....what do you think would happen?

Creampuff

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Quote from: ?? on ??

Quote from: sniveling on December 23, 2014, 07:14:56 AM

WTF, it was near the top of coinmarketcap earlier this week and now it's not even on the first page. It went from near the top to 260th place in less than a week!

http://s12.postimg.org/iculh75cd/pay.png

Why do you think we call it a scam ?

You call it a scam because coinmarketcap got their figures wrong... amazing work there!

cassius69

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what goes up must come down. Grin

TinEye

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Quote from: primera on December 23, 2014, 05:14:40 AM

Dont think it is scam I have earn over 10.000$ on it.

You earning makes it legit? For every 10k$ you are making somebody is losing several times this, the balance going into Josh's pockets.

TinEye

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Quote from: sniveling on December 23, 2014, 07:14:56 AM

WTF, it was near the top of coinmarketcap earlier this week and now it's not even on the first page. It went from near the top to 260th place in less than a week!

Thats because they pulled the CMC stunt of trying to free ad by changing supply. Once CMC realised they were being played they corrected it to show the true value.

Yet another indicator to avoid this, unless you are a thrill seeker.

Basket Case

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Its promoted by GAW who have big money. I think its very risky and be careful if you are buying.

sniveling

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WTF, it was near the top of coinmarketcap earlier this week and now it's not even on the first page. It went from near the top to 260th place in less than a week!

newuser01

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Quote from: primera on December 23, 2014, 05:14:40 AM

Dont think it is scam I have earn over 10.000$ on it.

ofc you can make money off it as long as u sell before gawminer dumps everything.

personally I would rather not take the risk of being paycoin bag holder but if u wanna gamble go ahead.

in the end there will just be a bagholders left.

swansong

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Quote from: primera on December 23, 2014, 05:14:40 AM

Dont think it is scam I have earn over 10.000$ on it.

just because you earned some money does not make it look legit. it is scam by it's nature. 96% premine.

primera

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Dont think it is scam I have earn over 10.000$ on it.

Mountain Jew

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Quote from: nzminer on December 22, 2014, 03:54:08 PM

Is there anything more unique with this coin than the multitude of other altcoins currently out there?

No, it's just like all the others.

Quote from: nzminer on December 22, 2014, 03:54:08 PM

I have never really heard anything about this coin until i all of a sudden see it up the top of CMC this morning.
I see a dump coming.
Whats the whole story with this bobsurplus thing? Is this another scamcoin?

This alts are usually always scamcoins. When will people learn to ignore them?

HCLivess

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=== NODE IS OK! ==

This is another Aurora Coin. I warn you.

tokeweed

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Life, Love and Laughter...

inBitweTrust

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Quote from: BlindMayorBitcorn on December 22, 2014, 08:20:39 PM

Quote from: nzminer on December 22, 2014, 03:54:08 PM

Is there anything more unique with this coin than the multitude of other altcoins currently out there?
I have never really heard anything about this coin until i all of a sudden see it up the top of CMC this morning.
I see a dump coming.
Whats the whole story with this bobsurplus thing? Is this another scamcoin?

Bob involved in this thing?

Well someone just took an large dump and looking to do it again. There always seems to be a last minute excuse too.

Oldminer

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Quote from: BlindMayorBitcorn on December 22, 2014, 08:20:39 PM

Quote from: nzminer on December 22, 2014, 03:54:08 PM

Is there anything more unique with this coin than the multitude of other altcoins currently out there?
I have never really heard anything about this coin until i all of a sudden see it up the top of CMC this morning.
I see a dump coming.
Whats the whole story with this bobsurplus thing? Is this another scamcoin?

Bob involved in this thing?

tokeweed

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Activity: 3976

Merit: 1421

Life, Love and Laughter...

who bob?

Topic: Whats the story with paycoin? (Read 2106 times)