Quote from: suchmoon on December 18, 2014, 11:10:48 PM

Quote from: puwaha on December 18, 2014, 10:49:42 PM

If my logic is so "ass backwards"... then tell me... Why does GAW have to buy any XPY? They already have the 12 million they need to distribute to prime controllers and haspoint conversion customers. They don't have any more obligation to the price on any exchange other than their own.

If you don't understand that, then I guess we are done then.

Are you saying that GAW can refuse to buy any of the POW coins? Because that's the only way this could possibly make sense. If I transfer a POW coin to Paybase and try to sell it at the promised $20 price, will it work? Yes or no?

Sure it will work. There are no markers on the coins.

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Yes - GAW is losing money, they should buy those coins now, and your logic is indeed flawed.

You still haven't explained why they need to buy any coin from an exchange to prop up a floor that simply doesn't exist until paybase is opened. They are just wasting money to buy coins they don't need.

See... the problem here is that you all think that GAW has nefarious tendencies.

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No - your logic is correct then, but GAW is screwing over all those loyal customers who believe in the "floor" and are buying up coins on the exchanges now.

I promise you the small amount of coins that come from the public markets into paybase to cash-out is much smaller than the amount of coins that will be locked up in prime controllers and hashstakers.