Quote from: Some1else0 on January 02, 2015, 08:55:51 PM

Quote from: Phildo on January 02, 2015, 08:54:07 PM

Quote from: crushed on January 02, 2015, 07:23:28 PM

Quote from: bitpop on January 02, 2015, 06:29:49 PM

Quote from: crushed on January 02, 2015, 06:27:23 PM

Quote from: strangerdanger101 on January 02, 2015, 06:11:26 PM

This post was made 18 minutes ago he states the price is 6.50 So its still gravy in his book. Better make your moves or that gravy is going to turn to piss currently 0.0188...

I still don't understand where this whole "mining the HashPoint Pool gave you XPY at $4/coin" logic has come from. I hear it all the time. Can someone explain it to me? If mining the HP pool was free, the cost of the coin should only be the opportunity cost of not mining whatever the most profitable scrypt pool on ZenCloud was for that duration. Even with conservative assumptions, I would think that opportunity cost should be way less than $4/coin.

Because when they were mining Bitcoin they were given a satoshi but it was supposedly supposed to be $4 worth that the got in hashpoints

Well, the opportunity cost to mine the HP Pool was zero so the cost of the coin was free if you were mining HP and had that converted to XPY. Still don't understand how the $4/coin reference got started.

EDIT: Unless the $4/coin reference is what he sold coins to large investors for. I seem to recall reading something about that. Either way, it makes no sense.

Yes, 4 dollars is what the imaginary investors paid for coins when they gave Josh 100 million dollars. It never made sense that this 100 million would somehow give them enough cash to pay 20 per coin. Also, the fact that 100million/4 is more than double the amount of coins that exist is also pretty weird.

I think you can come up with some weird math about hashpoints and what you could have gotten for your hashlets and/or paid for your hashlets to figure out how much the people who "mined" hashpoints paid for their coins, but I'm not sure what the point in is doing the math. If you can't tell this thing is horseshit without a calculator you're going to lose your money to someone eventually, might as well be Josh.

The money people put into Hashstakers is probably losing them money with the current price.

Any cent anyone gave to GAW is losing them money because the only way to get money out of GAW is to find someone besides GAW that wants to jump into the mess.