Wasn't GAW proven to have lied about their 'connections' to wal mart and other 'partner companies' who more or less told the news outlets that they were not affiliated at all?
Don't chase after a quick buck too hard - instead, I recommend sticking to hard working projects and building up your portfolio instead of trading and buying into these unprofessional scams.
If you want to see a true start-up, look up long term, dedicated developers and their projects like this one: https://bitcointalk.org/index.php?topic=841741.new#new
They deserve your support and investment far more than these scams that promise the heavens and run off with your money (obviously no transparency on their spending either).
Topic: Why Paycoin (XPY) Failed - page 5. (Read 7698 times)
Call me a noob but what is a GAW?
A site that steals your money while making you think that you are getting rich and when payments are delayed it is something outside of their control.
So Paycoin. That coin that was suppose to become the next big thing.. GAW did so many things wrong. If your going to make a coin, do the exact opposite of what GAW did.
Here are a few things that they did wrong:
1. They kept pushing their releases back
2. Too many Q&A about things that were pushed back
3. They did not choose their words wisely
4. PoW failed
5. PoS did not take over properly
6. PayBase was pushed backed so long
... The list goes on and on
My point is, that this coin was a bad coin from the beginning. And what made it worse was that Walmart, Amazon, and Target publicly said that they are in no way affiliated or partnered with GAW Miners. WHAT! So these three major companies publicly say this. This is a big face palm moment. If I were you, I would sell my Paycoins.
Here are a few things that they did wrong:
1. They kept pushing their releases back
2. Too many Q&A about things that were pushed back
3. They did not choose their words wisely
4. PoW failed
5. PoS did not take over properly
6. PayBase was pushed backed so long
... The list goes on and on
My point is, that this coin was a bad coin from the beginning. And what made it worse was that Walmart, Amazon, and Target publicly said that they are in no way affiliated or partnered with GAW Miners. WHAT! So these three major companies publicly say this. This is a big face palm moment. If I were you, I would sell my Paycoins.
The biggest reason was:
A very small portion was actually available for mining. Majority of the coins were pre-mined, reserved for investors and developers.
Not to mention they wanted to sell this shit for $20 per coin.
Call me a noob but what is a GAW?
A site that steals your money while making you think that you are getting rich and when payments are delayed it is something outside of their control.
you should not compare paycoin with litecoin. paycoin is an obvious scam, while litecoin is legit and has a strong 3 years history with fair launch (no premine) and false promises.
Call me a noob but what is a GAW?
So Paycoin. That coin that was suppose to become the next big thing.. GAW did so many things wrong. If your going to make a coin, do the exact opposite of what GAW did.
Here are a few things that they did wrong:
1. They kept pushing their releases back
2. Too many Q&A about things that were pushed back
3. They did not choose their words wisely
4. PoW failed
5. PoS did not take over properly
6. PayBase was pushed backed so long
... The list goes on and on
My point is, that this coin was a bad coin from the beginning. And what made it worse was that Walmart, Amazon, and Target publicly said that they are in no way affiliated or partnered with GAW Miners. WHAT! So these three major companies publicly say this. This is a big face palm moment. If I were you, I would sell my Paycoins.
Here are a few things that they did wrong:
1. They kept pushing their releases back
2. Too many Q&A about things that were pushed back
3. They did not choose their words wisely
4. PoW failed
5. PoS did not take over properly
6. PayBase was pushed backed so long
... The list goes on and on
My point is, that this coin was a bad coin from the beginning. And what made it worse was that Walmart, Amazon, and Target publicly said that they are in no way affiliated or partnered with GAW Miners. WHAT! So these three major companies publicly say this. This is a big face palm moment. If I were you, I would sell my Paycoins.
Your question is wrong. Paycoin did not fail.
Rich guy wins. Always. I don't think it's done YET. I think they're trying to turn it into "lifetime" income and you'll see few more p&d during January before price becomes stable. 
Paybase full release would bring price back to $15
Paybase full release would bring price back to $15
You sir are a wishful thinker
Paycoin made a name for itself in few days. I can't think of any coin that has done it in such short time. Call it ponzi, call it scam or whatever you want but it has achieved what all crypto can only wish for in such short amount of time.
'Yeah especially since they had so little to work with, you know with it being made by a multi-million dollar company and all.
Rich guy wins. Always. I don't think it's done YET. I think they're trying to turn it into "lifetime" income and you'll see few more p&d during January before price becomes stable.
Paybase full release would bring price back to $15
Paycoin made a name for itself in few days. I can't think of any coin that has done it in such short time. Call it ponzi, call it scam or whatever you want but it has achieved what all crypto can only wish for in such short amount of time.
'Yeah especially since they had so little to work with, you know with it being made by a multi-million dollar company and all.
Paycoin made a name for itself in few days. I can't think of any coin that has done it in such short time. Call it ponzi, call it scam or whatever you want but it has achieved what all crypto can only wish for in such short amount of time.
Fat pockets for a select few. I guess you're right...it went exactly as planned
Paycoin made a name for itself in few days. I can't think of any coin that has done it in such short time. Call it ponzi, call it scam or whatever you want but it has achieved what all crypto can only wish for in such short amount of time.
I warned you guys. Many times
If these are such professional devs, why was the mac wallet delayed, why did PoW fail, why did the PoS transition fail, why were things pushed back so much. I rest my case
How did POW fail? Lots of people were on and the speeds were outstanding given it being a new coin. Rented rig owners made a hell of an increase on what they normally would make on any other given day.
POS wasn't terrible and even the hash stakers are doing their job.
Mac wallets are delayed on alot coins, its not typical for a new coin to launch without it.
The devs arent really the ones at fault here, its Josh the owner of GAW causing issues with broken promises and all the noise hes causing because of it.
Shit for all we know he paid loljosh to put this coin together, lol. jk, please dont take that seriously.
2. PoS failed because it didn't properly take over when PoW ended. No transaction could be made. Thats called failing. Sure mac wallets are delayed on most coins, but this is a multi million dollar company. MULTI-MILLION. There is no excuse for them not to release all wallets on time.
And that's not the worst part. The worst part is that GAW blamed the community!
can't even ANN here? Fuck off.
If these are such professional devs, why was the mac wallet delayed, why did PoW fail, why did the PoS transition fail, why were things pushed back so much. I rest my case
How did POW fail? Lots of people were on and the speeds were outstanding given it being a new coin. Rented rig owners made a hell of an increase on what they normally would make on any other given day.
POS wasn't terrible and even the hash stakers are doing their job.
Mac wallets are delayed on alot coins, its not typical for a new coin to launch without it.
The devs arent really the ones at fault here, its Josh the owner of GAW causing issues with broken promises and all the noise hes causing because of it.
Shit for all we know he paid loljosh to put this coin together, lol. jk, please dont take that seriously.
.
Im not saying they failed just because. This is a multi million dollar company. With years of experience and professional devs, and they have all of these problems. A couple of guys working in their garage can develop a more stable coin.
If these are such professional devs, why was the mac wallet delayed, why did PoW fail, why did the PoS transition fail, why were things pushed back so much. I rest my case
Current value of 1 Paycoin: 0.02379998
As of 8:57 EST 1/1/2015
If these are such professional devs, why was the mac wallet delayed, why did PoW fail, why did the PoS transition fail, why were things pushed back so much. I rest my case
Current value of 1 Paycoin: 0.02379998
As of 8:57 EST 1/1/2015
In crypto its pretty damned tough to pin thievery, scam, ponzi on anyone. Look at those who walk away untouched.
We will never know the whole paycoin story. We do know Gaw will come out ok one way or the other.
It truly is the wild wild west, but I also think that's why I love it. We will never know the whole paycoin story. We do know Gaw will come out ok one way or the other.
We do know Gaw will come out ok one way or the other.
All it takes is one pissed off client and a lawyer and GAW will collapse. There are archives of data stored and the lies and misleading statements concerning paycoin2
When Josh is investigated and cross examined the 100 million investor capital to create this base will have to be confirmed.
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