Post
Topic
Board Service Discussion
Re: Hashlet PayCoin unofficial uncensored discussion. ALWAYS MAKE MONEY :-)
by
suchmoon
on 09/01/2015, 08:38:35 UTC
I would like to stop for just a moment, and ask a question concerning the repercussions of what is transpiring here.

If Paycoin / Paybase fail, then many people will lose alot of their money.
  I understand the reasons that you want this to occur for the founders of Paycoin, but have you stopped to think how many other people will feel that sting as you try and de-value the coin further?
  If you want to be "whistle blowers" and police wrongdoing with evidence of that wrongdoing brought to the authorities, I applaud your efforts.  We all need watchmen to help keep us out of trouble.  But please think about those you are calling stupid for having faith in the company, and try to help them / warn them BEFORE they take a further loss.  Reveling in the decline of the price, and wanting to smash the coin out of existence, will do nothing but hurt those that are invested in it.  You should feel some compassion for those of that have XPY holdings, and try to warn against the drop in price to help your fellow man.

I started here and on LCT over a year ago... I do not post very often, but I do read. Today I have posted twice...i am as upset about the matter as anyone on EITHER side can be, but it will not help the ones that do not read these pages to deflate the coin purposefully.  Your efforts would be better spent compiling the evidence and reporting it in a manner that would allow Journalists to research/verify/and publish.

I'll stop now, as I am not going to say anything else on the matter.  


I think I understand your point of view but you still seem to be thinking that "trolls" are causing the coin to crash. There are no trolls with an unlimited supply of XPY to continue dumping it for weeks. Simple math (premine vs POW) would tell you that any potential "troll" effect is miniscule compared to massive amounts of XPY in GAW's possession as well as in the hands of many Hashpoint miners. It is a miracle that the coin is still trading close to $4 even though it has absolutely no practical use and ample symptoms of GAW's inability to implement their lofty promises regarding widespread adoption etc.

Furthermore, aside from a few loud individuals to the best of my knowledge there is no concerted effort to hurt Paycoin investors, nor has there ever been. I can't speak for everyone but I know that many here are working on collecting and verifying information. Please excuse us if we gloat occasionally at the rather unbelievable fumbles happening with GAW. This comes from having predicted many of them long ago, which - to your point - was a warning that some chose to ignore.

There were quite a few reasonable media publications about GAW recently. You've seen the reaction on HT. If you have any other ideas of how this can be resolved more amicably please share.