Post
Topic
Board Service Discussion
Re: GAW Zen Hashlet PayCoin unofficial uncensored discussion. ALWAYS MAKE MONEY :-)
by
jackbox
on 16/12/2014, 14:48:25 UTC
Price of XPY down to .024 BTC on Coin Swap. So far slightly over 132,000 mined out of 500,000 coins to be mined. What happens on Friday when the 12,000,000 pre-mine become available to "investors" and HP holders? 12,5000,000 XPY at $20 each would require a fiat reserve of $250,000,000 if everyone sells. Josh claims a buy wall at $20 per XPY but if "investors" paid only $4.00 per XPY that would require 250,000,000 XPY sold to create the wall. That is 20X the number of XPY that will exist on Friday. Something is definitely out of whack here.  Cry