Quote from: inBitweTrust on December 23, 2014, 03:23:29 AM

Quote from: jfabritz on December 23, 2014, 02:47:34 AM

Is this the first POS coin to have centralized staking where you cannot remove your investment? I can see how that can be a concern when they change the model from all the other POS coins before it.

If GAW will allow users to sell their staker with coin on the market (supposedly possible with Paybase), you could consider that a quick way to liquidate, albeit at a possible loss. Still, that does require them to offer this feature. If you want to keep your options open, you can stake with the wallet application, right?

The hashstakers act as investment cds or IRA's where the coins are locked up for a certain period of time to yield higher rates of stake. Advertised at 3 or 6 months. You can stake yourself and control your coins but will be disadvantaged compared to those letting GAW control their coins and lock them from being sold. You will have the opportunity for reselling the stakers with the locked coins but either way the coins will be under GAWS control and not be able to be sold on the open market.

No other POS /DPOS coin does this from what I have seen. Certain POS coins allow you to lease your stake to others but that is different than the stake going back to the issuing company. This is a conflict of interest and ripe for manipulation.

Quote from: ikeboy on December 23, 2014, 03:20:50 AM

Isn't the fact that xpy doubled in price proof that they did some purchasing?

Who is denying that josh used bots to manipulate the exchanges? I believe those statements. What it showed though was a target price of 25usd and he was unable to blow past 100-200BTC sell walls stopping at 16usd. This means that their are some serious doubts about his claims of having reserves or his intentions of creating those walls as intended.

The claim I was responding to was " Let one of your critics or believers pick an amount of coins and a bid price below the promised $20 per coin, show us the coins going into the exchange and show us the wall.". That sounds like they didn't believe that gaw was buying with bots at all.