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Topic: Why Paycoin (XPY) Failed - page 3. (Read 7722 times)

hero member
Activity: 639
Merit: 500
January 03, 2015, 03:10:42 PM
#72
It succeeded. It was built to make Josh and his friends rich and it did that.
If you mistakenly believed that it was going to $20 then its your fault, it was never meant to do that as anybody could see clearly.
member
Activity: 90
Merit: 10
January 03, 2015, 03:08:56 PM
#71
I am finding that when you see these massive amount of threads against something that it really is a good indicator of what NOT to do. Take Nubits for example, it only ever got good publicity and people were like "Wow, this is really cool"

I don't really invest in ICO's and launches, I bought a bit of VocalCoin for $80 and had the Dev run away on it but it actually looked pretty decent so I don't know why. Why does everyone insist on jumping legs first into every Coin launch? You have a huge potential of seeing serious issues in the code or it's rewards very early on in the life of a Blockchain.
I actually like nubits
legendary
Activity: 882
Merit: 1024
January 03, 2015, 02:58:02 PM
#70
I am finding that when you see these massive amount of threads against something that it really is a good indicator of what NOT to do. Take Nubits for example, it only ever got good publicity and people were like "Wow, this is really cool"

I don't really invest in ICO's and launches, I bought a bit of VocalCoin for $80 and had the Dev run away on it but it actually looked pretty decent so I don't know why. Why does everyone insist on jumping legs first into every Coin launch? You have a huge potential of seeing serious issues in the code or it's rewards very early on in the life of a Blockchain.
sr. member
Activity: 448
Merit: 250
January 03, 2015, 02:40:13 PM
#69
.
sr. member
Activity: 462
Merit: 251
January 03, 2015, 02:24:43 PM
#68
Their scrypt reselling was a ponzi sustained only by delaying shipments...
Then they launched the "cloud mining" ponzi to keep the scrypt re-selling afloat...

Bullshit. Their reselling was 100% legal and people who bought the miners got them, most without any delays.
Cloud mining was again legal and became unprofitable because of bitcoin crash in September.

legendary
Activity: 1588
Merit: 1000
January 03, 2015, 01:31:48 PM
#67
That doesn't make it a Ponzi. I get it, the company is going through some shit and things look terrible. I could care less which way it goes. But the company does/did sell hardware and makes money in other areas that arent Zencloud and Paycoin. It seems every new scam is a Ponzi and the word is used out of context very often here

Fractional reserve mining companies are ponzi's by definition. They have to take a percentage of their new clients contracts to pay out their old clients to stay afloat. Paycoin is one tool to keep the ponzi afloat while other cloud mining companies popped. Paycoin isn't a ponzi in itself , but the company who controls it likely runs a ponzi operation.

This.

Their scrypt reselling was a ponzi sustained only by delaying shipments...
Then they launched the "cloud mining" ponzi to keep the scrypt re-selling afloat...
Then Paycoin to keep the family of ponzis afloat.

The thing is... only an idiot would "invest" in anything GAW related....
And the US Government is not in the business of protecting idiots from themselves.

So this kind of shit works... until it doesn't...
Every once in a while some US District Attorney throws the book at a Ponzi... and they get 20 years.
hero member
Activity: 833
Merit: 1001
January 03, 2015, 09:57:16 AM
#66
and how did XMR fail? the only thing that looks like failed to me was your IQ...

so True. Why AUR, IFC, XMR, MAX, DARK, Nubits, XPY and ECT... fail?
sr. member
Activity: 266
Merit: 250
January 03, 2015, 07:34:01 AM
#65
i have a coin. i will sell it to you for $4. i GUARANTEE i will buy it back at $20.

sound fair?


are you sure for that, xpy back to $20
hero member
Activity: 1540
Merit: 500
January 03, 2015, 07:32:45 AM
#64
But seems that many people forget that they always say to everybody, "our floor price is protected" we play with big partners, these partners was bought at 4$ all our stock is the reason to not allow new customers to the early stage...

What happends if XPY dont reach the floor price?
This can not happend. the start price is in 20$, but only if you sell it to paybase....

Mailing:
"Last call to XPY holders" Buy more paycoin until the floor price is reached."

I was buy in 0.039/0.041... now my investment falled from 2400 USD to 800 USD... just Amazing... no xmas for me or my family like as others... but oh! nothing happends... im a troll.

Thanks guys to clarify... i never was concerned about im a troll.
At least now i have clear who i am.... A Troll!


lol.

3 days ago people were screaming BUY PAYCOIN. Now everyone is screaming sell Paycoin.

Never invest what you can't afford to lose and I'm $150 on debt as well so don't feel bad. We all gonna make it.



your 150 bucks is in a scammers pocket. you will never see it again unless the bagholders unite and scam fresh bagholders

how about no
sr. member
Activity: 280
Merit: 250
January 03, 2015, 07:26:36 AM
#63
But seems that many people forget that they always say to everybody, "our floor price is protected" we play with big partners, these partners was bought at 4$ all our stock is the reason to not allow new customers to the early stage...

What happends if XPY dont reach the floor price?
This can not happend. the start price is in 20$, but only if you sell it to paybase....

Mailing:
"Last call to XPY holders" Buy more paycoin until the floor price is reached."

I was buy in 0.039/0.041... now my investment falled from 2400 USD to 800 USD... just Amazing... no xmas for me or my family like as others... but oh! nothing happends... im a troll.

Thanks guys to clarify... i never was concerned about im a troll.
At least now i have clear who i am.... A Troll!


lol.

3 days ago people were screaming BUY PAYCOIN. Now everyone is screaming sell Paycoin.

Never invest what you can't afford to lose and I'm $150 on debt as well so don't feel bad. We all gonna make it.



your 150 bucks is in a scammers pocket. you will never see it again unless the bagholders unite and scam fresh bagholders
hero member
Activity: 1540
Merit: 500
January 03, 2015, 07:25:05 AM
#62
But seems that many people forget that they always say to everybody, "our floor price is protected" we play with big partners, these partners was bought at 4$ all our stock is the reason to not allow new customers to the early stage...

What happends if XPY dont reach the floor price?
This can not happend. the start price is in 20$, but only if you sell it to paybase....

Mailing:
"Last call to XPY holders" Buy more paycoin until the floor price is reached."

I was buy in 0.039/0.041... now my investment falled from 2400 USD to 800 USD... just Amazing... no xmas for me or my family like as others... but oh! nothing happends... im a troll.

Thanks guys to clarify... i never was concerned about im a troll.
At least now i have clear who i am.... A Troll!


lol.

3 days ago people were screaming BUY PAYCOIN. Now everyone is screaming sell Paycoin.

Never invest what you can't afford to lose and I'm $150 on debt as well so don't feel bad. We all gonna make it.

sr. member
Activity: 280
Merit: 250
January 03, 2015, 07:21:34 AM
#61
i have a coin. i will sell it to you for $4. i GUARANTEE i will buy it back at $20.

sound fair?
newbie
Activity: 14
Merit: 0
January 03, 2015, 07:20:40 AM
#60
But seems that many people forget that they always say to everybody, "our floor price is protected" we play with big partners, these partners was bought at 4$ all our stock is the reason to not allow new customers to the early stage...

What happends if XPY dont reach the floor price?
This can not happend. the start price is in 20$, but only if you sell it to paybase....

Mailing:
"Last call to XPY holders" Buy more paycoin until the floor price is reached."

I was buy in 0.039/0.041... now my investment falled from 2400 USD to 800 USD... just Amazing... no xmas for me or my family like as others... but oh! nothing happends... im a troll.

Thanks guys to clarify... i never was concerned about im a troll.
At least now i have clear who i am.... A Troll!
hero member
Activity: 1540
Merit: 500
January 03, 2015, 03:05:01 AM
#59
so True. Why AUR, IFC, XMR, MAX, DARK, Nubits, XPY and ECT... fail?

If a coin fails at the beginning it automatically becomes a Scam. People are too quick to judge and forget that BTC was failing hard in the begining when it first started. I don't see any future in crypto or bitcoin. Everytime I talk to someone who has never invested in crypto all I hear is "Scam" and I'm slowly changing my mind as well. Then I come to this forum which supposed to be filled with "digital currency" supporters and I see them shooting at each other coin and calling each other out. It really disgusts me and I"ll be very surprised if crypto becomes something in future than just stock exchange filled with ponzi schemes and people who're trying to bring it down.

If people don't change their attitude towards crypto you can forget about adoption. People have lost millions & billions in crypto and bitcoin. The end is near. In 20 years from now you'll look back at digital currency and regret that you were ever a part of it. Just look around yourself. The community that should do everything to help it are putting their time in destroying it but they can't see that how it's destroying everything that's going on in digital currency world.

hero member
Activity: 798
Merit: 531
Crypto is King.
January 03, 2015, 02:29:23 AM
#58
hero member
Activity: 532
Merit: 500
January 03, 2015, 12:49:27 AM
#57
This is normally when the coin falls at the beginning of shit
full member
Activity: 148
Merit: 100
January 02, 2015, 09:43:19 PM
#56
so True. Why AUR, IFC, XMR, MAX, DARK, Nubits, XPY and ECT... fail?
member
Activity: 90
Merit: 10
hero member
Activity: 798
Merit: 531
Crypto is King.
January 02, 2015, 03:39:34 PM
#54
member
Activity: 70
Merit: 10
January 02, 2015, 03:31:44 PM
#53
It's in beta. Look at coinbase ..it doesn't look much different from paybase
What this clean font:



vs this?




I know which one looks more professional to me. I am NOT saying that this indicates anything whatsoever. I am just saying that to me it looks a little on the rushed side. Seeming though their website was their 'shop window' you would expect something a little better for something 'valued' at $90mil+ . Not that this indicates a scam. If its in BETA it should not have a value of $90 million, simple as.

Without being rude I know kids in college that can produce a more professional looking website than this. Not to say I am an expert or anything, just to raise a point.
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