Exactly. And that's what 99% of the people in that thread think as well. So far from "the cultists getting scared", wouldn't you say?
Sure, those Hashtalk members are right there. Yes, there are some idiots and trolls defaming paycoin2 and some shills pumping it. I don't think either you or ikeboy are shills and I think you do genuinely believe in the merits of paycoin2.
I will even go so far as to say that Paycoin2 does potentially some distinct benefits above BTC besides the ussual PoW vs PoS discussions. The fact that GAW is acting as a centralized issuer and trying to stabilize the currency (like the FED) could potentially lead to price stability which is a good thing for currencies. Personally , I would prefer my crypto to be slightly deflationary and stable but to each his own.
This doesn't take away from much of the concerns and criticisms we have levied against GAW and paycoin2 though.
No, and I don't think that I or Ikeboy, particularily Ikeboy thinks that SOME of those criticisms are unwarranted. Far from it. I don't like the centralized issue and I don't like the delays or misdirections. But that also doesn't mean its AUTOMATICALLY a scam to me. Also, you have to admit, has ANY other Alt-coin come in and gone as far as what Paycoin has done? Has it gotten so large in the first two weeks that Cryptsy began trading it in USD? No other coin has done that. Has any other Alt coin gobbled up companies (and an exchange) along the way? No. Most Alts are complete washes built by some nerds in their parent's basements. You have to admit, even if Paycoin is a scam (which I am sure its not), look how far they took it. Any other coin come close to that?