Post
Topic
Board Service Discussion
Re: GAW / Josh Garza discussion. Paycoin XPY CoinStand Mineral. ALWAYS MAKE MONEY :)
by
Crestington
on 25/04/2015, 04:59:40 UTC
New Prime Distribution:
XPY Core Dev 14
Cryptsy 1
XPY Trust 5
Adam Matlack 3
The PayCoin Foundation 12
Unknown party 15

What?

Uhh... I don't know what to say except that you can't do that because holy shit Cryptsy has a lot of Coins on their market. At 5% per year, most users will leave their Coins on the exchange and this will often give Cryptsy about 30%-40% of the total Coins and if that is Staking at 100% per year, compounding at 1 hour then that is a massive amount of Coins being sold into the market from the exchange, at the expense of holders.