@redacted answered my question on premine sales on HT
"You can tell they are NOT the premine, since those coins sit in prime controllers, and those prime controller addresses are are known and shown on the richlist. Believe me, there would be lots out outcry if any of the coins in prime controllers started moving out of thier wallet addresses and showing up for sale on exchanges."
well then where are the 1000S of coins sold on paybase coming from???
one guy alone posted a buy from paybase of about 488,000 xpy
This again should be trivially simple. There has to be a true believer somewhere who bought a coin on paybase. Follow that coin back to where it was created. This coin isn't very old, it shouldn't be too hard.
Not a true believer, just testing the CC to see who the processor was.
If you want to spend some time tracing it, here are two purchases I made:
TXN: 5c3c2efa1cd2abb0e384ed5ce15ef041903d992fe94d13531186f6185f93dfaf
Address: PVGy8a4Ai2jUFVnWg4sowxzKNM2LdpCwmr
Amt: 25.698324 XPY
TXN: a80127b3756b88c4f9e3fb594fd99d7f0c3f7d8598b3e42a2e2bf43404c4cb18
Address: PVGy8a4Ai2jUFVnWg4sowxzKNM2LdpCwmr
Amt: 27.090858 XPY
Important note, the second purchase I just made now. What was different from the first:
1) I was asked to confirm my address (which was prefilled)
2) I was asked to confirm my credit card (including CCV) was was all prefilled
3) I was asked to type in my phone number. I INTENTIALLY put in a bogus phone number
4) The transaction was processed (again with a 10% fee), but the XPY was deposited immediately to my account (no hour wait this time).
5) The charge on my CC appears as the same "ONLINE SAN FRANSCISCO", which I believe is Stripe (so looks like CoinFire might be correct, that they just changed the merchant account, but continue to use Stripe for purchases).
Went ahead and just did a transaction excavation on: TXN: a80127b3756b88c4f9e3fb594fd99d7f0c3f7d8598b3e42a2e2bf43404c4cb18
From that ~25,000 block through yet more dispersal to two approx equal blocks just over 12,000:
From one of those ~3,000 blocks through even more dispersal to two approx equal blocks just under 1,500:
And... that's how we prove they're using pre-mined coins to fulfill their PayBase orders...
The blockchain never lies.