Quote from: remonade on January 16, 2015, 03:52:10 AM

I was not a member of hashtalk for long. A month or so. I had been mining with hashlets since Sept. Not a lot of stories to tell. Everything fell apart when the Paycoin promises turned out to be bullshit.

My shadowbanning had something to do with my reply in a "Thankyou Josh" thread.

"Yes. Thankyou so much. Prostate exams will seem so trivial now."

What could I expect in a brown noser thread? LOL.

LOL

Fantastic that you read my article. Why even attack PayCoin directly? Someone posed the question "If you don't like PayCoin, why not make something better?" so Mudda launched PayCon. PayCon offers no promises and a bunch of made up stuff based on some open source code that took an hour to make. Will it outdo PayCoin and laugh because PayCon spent nothing on anything, got everything done and everyone loved it? That would be awesome, lol

I don't see it as much about PayCoin trying to scam people in the market but that they have no real experience in the altcoin market and cannot make any real price predictions or promises because it changes so rapidly. Proof of stake itself is still very experimental, critical security holes are being found all the time. https://bitcointalk.org/index.php?topic=897493.0

PayCoin is at best a Beta project right now, they did a lot of things wrong that they didn't need to do like for instance using the PayaGo logo for PayBase, why use another logo when it takes 5 minutes to make a logo? Their predictions for amounts of POW and POS and setting the $20 wall were way off, why didn't they do more testing before hand and make a larger allowance and sell the initial Coins for $20 but offer a $15 wall so that you have excess reserves to back it? In any normal regulated market, promising the $20 wall and not following through with it is also classed as securities fraud.

Also, using the PayCoin name without first negating talking publically with the PayCoin community, it's not illegal but it pretty much says "hey were taking your community name, time for you to change it". Why spend money on trademarking a logo in an opensource environment? It looks dumb when your reading their statementsTM andTM everythingTM isTM trademarkedTM. They should also they should proof read a bit better, they missed a couple TM's and have a bunch of grammar errors Tongue

PayCoin also promised links with Amazon and Walmart for payment but neglected the fact that it's illegal to do so and both companies made public statements denying involvement and saying it was against their terms and agreement.

Last but not least, who is cycling the market with 700 BTC for profit? And what effect is that going to have on the PayCoin price going forward?

Quote from: unlock.mk on January 13, 2015, 11:29:58 AM

Paycoin has enormous volume of 700 btc, this can not be natural. Someone rotates 700 btc up and down. That's good tactics.