Post
Topic
Board Service Discussion
Re: GAW / Josh Garza discussion Paycoin XPY CPIG BTCLend xpyerr.ALWAYS MAKE MONEY :)
by
truckinusa
on 04/08/2015, 23:28:59 UTC
I haven't been following the hyperinflation news recently - are the Good Guys still running those Prime Controllers? How about the Bad Guys like cmilian, didn't they bid on a PC?

I wasn't paying close attention, but was it not established that all that ownership of a PC consists of is knowledge of a secret key? And as such, there is really no way to 'sell' one, as the 'buyer' cannot force you to forget the key?

Further, that each of the PC keys have been freed from captivity?

I think there was supposed to be a fork to invalidate old keys and create new ones, presumably distributed using a bidding process. Of course the whole process is run via forums and hangouts so good luck trying to figure it out.

I suppose the so-called "devs" of this "community owned coin" invalidated all prime controller keys and generated new ones which they kept to themselves, so they can keep dumping their free XPY on the idiots of paycointalk. Free money for the paycoin "devs". Such a great community!
You haven't been keeping track.  There are 52 prime bids I believe?  2 out of 25 are bid on every two weeks I think.  I'm not certain what happens since there are only 11 eligible prime bidders.   You can bid on those each 2 week period.  Those are the only keys.  Whatever you bid is wiped out and destroyed.  You can bid at:  https://ledger.paycoin.com/primebids  It currently takes $4,486 to bid on a prime controller since 160,249 paycoins x .028 equals $4486