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Re: GAW / Josh Garza discussion Paycoin XPY xpy.io BTCLend LNC. ALWAYS MAKE MONEY :)
by
sirazimuth
on 01/01/2016, 19:34:31 UTC
Most people could have made it out with profit as well if they are not that greedy

most couldn't that's not how ponzis work

few can make a profit most will lose

remember for you to sell those paycoins or hashlets or whatever someone had to buy them

if most were smart then -> fewer buyers -> lower demand -> lower prices -> little or no profit

and on top of that garza was dumping so...

Josh knew how to attract the right sort of people to his scam.

math is hard, for paycoiners, especially when there were shiny pngs to view. (oooh look, a hashletsquirrel.png)
but somehow they did have the math skills to figure out  profits for hashpoints converted to paycoins valued  at $20 each.
I remember one gullible individual posting a chart showing how much profit they will make
over time for every immortal prime they had at some ridiculous stake rate.(now that linc would be priceless)
 It was really rather pathetic....the very definition of  face plant material.