Post
Topic
Board Altcoin Discussion
Re: Paycoin (XPY) is scam
by
Bansheroom
on 12/01/2015, 11:39:45 UTC
Re the above post:

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.

Using the proven wrong numbers in different threads makes your misinformation not more true.