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Topic
Board Service Discussion
Re: GAW Zen Hashlet PayCoin unofficial uncensored discussion. ALWAYS MAKE MONEY :-)
by
suchmoon
on 24/11/2014, 16:59:14 UTC
MOB - I think part of solution to a massive sell off is having this go POS... Also, the orion/prime controllers require the paycoin to stay in your wallet... So - I think a lot off the big players of paycoin, at least from the GAW mining scene, will be holding their coins.

This would be true with the large investors as well... From my understanding the real money to be made is in the controllers - which require the stake in paycoin to stay in the wallet.

Dunno if that will work and no one knows how much a prime controller will cost atm... So should be interesting to see how this pans out.

There are a couple of issues with that though. One, staking is something like 5% APY, is that really enough of an incentive to avoid sell off. Two, that money still has to come from somewhere, i.e. real world income such as transaction fees. There is a reason why there is a 5 BTC bounty for outlining the whole plan - we urgently need one Smiley