Post
Topic
Board Announcements (Altcoins)
Re: [ANN][GAW-Miners][XPY] Paycoin ( 40 Phash )
by
LordPiccolo
on 23/12/2014, 08:30:41 UTC
I mined 500 XPY- What Next???

Option 1 - stake them with a Hashstaker for $5975 for 90 days and the return would be about 437.4 XPY at 0.0097, not including any compounding.
Option 2 - Buy 437.4 XPY for less than the HashStaker----

Obviously compounding them in option 1 makes a difference but could not offset purchasing them a day or two ago at .020, which was a much better idea- picked up 500 at .020 for the equivalent of $3200- saving myself $2800
 
The benefits of option 2 are that I can sell my XPY at any point in time if something goes south for XPY where as I could potentially end up with 937.4 coins worth nothing if they are in a HashStaker.
 
I think the HashStaker is a Joke, I give Gaw $ to give me back "Stake" in the form of XPY - I think that is equivalent to handing them money and them handing me back XPY while using My cash while I take all the risk for 90 days....

What this really looks like is this:
Investor buys at $8.....lets GAW do their Shell Game.... Sell back the XPY to the public in the form of HashStakers for $13.66/each ($5975/437.4) and Investors and GAW pocket a cool 58% profit....

I think this Paycoin thing is a great way to make a few bucks but I will avoid getting caught up in the GAW "Shell Game"

Maybe I am just paranoid, but I would rather keep a nice profit for myself and sell the 1000 XPY at $18 and let the HashTalk Fan boys take the risk....

Just my $.02 worth....Cheers - Keith

BTW- I was gonna post this over there for the FanBoys but figured it would get deleted before it ever saw the Forum...

I don't believe they delete every post, only the ones that contain swearing and idiotic views.

They like constructive criticism from what I have seen.

I have a few of my paycoins staking in the hash stakers, had my first daily payout which was nice.