I think this is the problem with them accepting BTC/BCH for purchases. The assumption now is that everyone who is buying miners was part of the early days when BTC was less than $1000 so now that it is worth $10000+, people are swimming in 'money' and they will pay more for it. Add that everyone that held BTC got the equivalent in BCH made free money out of thin air! That allows them to take liberties with the supply and demand curve. The price is the price the market will bear and the push it up and people still pay it.

I want to laugh, but I can't... I just can't.

It was gone before the clock struck 7:01 PM.

They probably had none more. :-P

To add insult to injury, all of the S9's at $5K were sold out. :-o

You read through that whole conversation and I am envisioning the movie "Boiler Room" - what a bunch of pie in the sky, sunshine up your ass salesmanship!

That whole conversation alone indicates the high level of fraud involved.

Couldn't you alter the code to scrape the fees from the blockchain when it parses through all of the transactions?

EDIT: Yes you can, but you can create coins out of thin air, so why bother. If you burn the fees, then why even collect them? It is ultimately a tax on the coin owner since they are not used to incentivize miners.

That example is a little weird. It shows two blocks for that one, but the one with the transactions was marked as an orphan while the other block has a -25 BTC net.  

So did all of those transactions "bounce" aka are unconfirmed?

Back to Paycoin, so what does the nMint variable in the source code capture? It tracks the transaction fees, does that somehow find its way back into the money supply?

I will be looking forward to a video of looting where people running out of a store are carrying Antminer S4's. 

If you are trying to avoid the law, you don't do it in Thailand...

Essentially it is the Windows equivalent of a ANSI C "lld" so a 64-bit signed value with some extra flair.

The magic code is probably the lines before the printf if you want to see what happens to the fees.

These people, they don't care about the implications because they are all morons.

They shrug it off, but if the story was:

"I work at the US Mint and we were doing some tests on the printing presses of the new $100 bill and we ran off a few sheets using the official dies, but that's okay. Those sheets were put over there on the pile... wait, what happened to them? Oh well, no harm no foul right? They were just test bills..."

someone would go absolutely apeshit and most likely someone would end up out of a job or in jail!

if it isn't currency in your hand, too many people don't understand the value of it and think it is nothing to worry about.

There have been enough knucklehead posters on HT that our pal "SeriousInvest" comes off sounding like the Russian Warren Buffet.

I don't know how he does it, but I will continue to appreciate his posts as long as he makes them.

Yum... I could invest me in some PrimeSteaks... How many XPY do I need to stake those steaks? 

The contact information is for a company in China... Get your Swapmeet Louie and get Paycoined with Paycoin on the slow boat from China!

I know this is a few days old, but I have to say something about this method of thinking.

It all comes down to ethics. "I don't believe what he is doing is right or that his promises will come true, but I will take his money because this is one thing and that is another"

If you don't believe in the venture/product, why even bother working for them? That is what stinks and everyone is jumping on calling out the hypocrisy.

How about this? You work on a forum that is actually a stalking ground for people who deal with kiddie porn. You get paid to maintain the server, moderate, blah blah. While they don't come out and expose their crime in broad daylight, you have a gut feeling that something wrong is happening. So by your standards its okay to keep on taking their money and cast a blind eye to what might be going on?

It's all about ethics...

Even if he didn't do it, he was acting like a douche based on what was written in those posts.

Maybe his account was hacked by the hacker? Oh the humanity!

I was able to get my 0.5BTC out of Paybase, but I had to enter 0.4999BTC since their POS software doesn't factor the transaction fee when you attempt to withdraw.

Now, maybe people with larger balances are having problems, but I was able to get my life savings out of there. 

But the $10,000 question is "is the interface to Gyft native XPY, or are they converting to BTC and making the pass-through purchase from Gyft?"

If that is true, this is nothing special that makes XPY something better than BTC. The feature has little value if you have to move through another currency (crypto or fiat) in order to spend it.

I think your one line (excuse the artistic liberty):

"You just got paycoin'd chump!"

should be the go-to slogan for the XPocalYpse and most definitely deserves a t-shirt. 

I couldn't make it through that ghost-written drivel without gagging.

The funny thing between Jobs and Gates is that 10+ years had gone by from the start of their respective companies until their little get-together and both companies had a track record of innovation, but it was 10+ YEARS, not 10 weeks...

I know Steve Jobs, and Josh Garza ain't no Steve Jobs. 

BWAHAHAHAHA! Ain't that the truth!