Post
Topic
Board Altcoin Discussion
Re: Paycoin XPY promises $20 a coin?
by
Bansheroom
on 12/01/2015, 11:34:55 UTC
Quote from: 'The Official ScamBase Blog'
A minimum of $100,000 in payments from the Company to Sellers will be made on the first of each month, until each repurchased Paycoin™ has been redeemed and each Seller has been paid for Paycoin™ he or she has sold.

So, at $20/PayCoin, they'd need to honor $240,000,000 worth of coin. Given that they're promising to do $100,000 worth of this per month, it'll only take $240m/$100k=2400months =  200 years to honor!!

These guys are some of the more creative scammers we've had around here.

Do research before you post BS or at least turn your brain on....how many XPY are bound to large investors that wont be eligible for the repurchase, how many in prime controllers and how many already in GaWs hand?