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Offline hpenvy

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Paycoin - Joining GoCoin
« on: December 23, 2014, 06:04:01 AM »

Hey all, popped into my home network for a few and wanted to comment on PayCoin.  Aside from all the debate about it's real value and how it's being reported on Coinmarketcap, here's the real concern.

http://www.coindesk.com/gocoin-gains-strategic-investment-software-development-push/

"Digital currency payments processor GoCoin has received a new strategic investment from US-based mining company GAW Miners."

"No date has been set for GoCoin's expected integration of paycoin. According to Beauregard, there is a need to look into new coins as the market evolves and the needs of merchants change."

Since GoCoin is targeting iGaming and high risk merchants as part of their plan, it's an issue for us.  I would recommend we look at a similar arrangement.  We can't expect Gocoin to do the work for us, it make take some funds and development resources to assist.

https://www.cryptocoinsnews.com/gocoin-partnership-brings-bitcoin-payments-to-more-than-1000-companies/


Alright, have a good one everyone!
« Last Edit: December 23, 2014, 07:18:48 AM by hpenvy »
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btsx address: hpenvy
Tips appreciated for good work

Offline mf-tzo

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Re: Paycoin - Joining GoCoin
« Reply #1 on: December 23, 2014, 10:55:26 AM »
Ok now I am confident for the failure of paycoin...Same thing happened to NXT when they announced that Gocoin will use NXT and that never happened driving the price of NXT within days to plunge after a huge pump...

Give it a couple of days- weeks for paycoin to simply die. lol..

Offline Rune

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Re: Paycoin - Joining GoCoin
« Reply #2 on: December 23, 2014, 11:36:12 AM »
Ok now I am confident for the failure of paycoin...Same thing happened to NXT when they announced that Gocoin will use NXT and that never happened driving the price of NXT within days to plunge after a huge pump...

Give it a couple of days- weeks for paycoin to simply die. lol..

its a bit different when GAW has invested directly in gocoin.

Offline santaclause102

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Re: Paycoin - Joining GoCoin
« Reply #3 on: December 23, 2014, 03:52:50 PM »
What are "high risk merchants"?

Offline islandking

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Re: Paycoin - Joining GoCoin
« Reply #4 on: December 23, 2014, 03:53:54 PM »
What are "high risk merchants"?

Marijuana dealers in Colorado, adult industry, some subscription services, and merchants who are at a "high risk" for charge backs.
I've been working on a new electronic cash system that's fully peer-to-peer, with no trusted third party. - Satoshi

Offline bluebit

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Re: Paycoin - Joining GoCoin
« Reply #5 on: December 23, 2014, 04:20:09 PM »
Paycoin seems to have disappeared from coinmarketcap... what does this all mean?

http://coinmarketcap.com/currencies/paycoin2/
BTSX TipMe: bluebit

Offline graffenwalder

Re: Paycoin - Joining GoCoin
« Reply #6 on: December 23, 2014, 08:19:20 PM »
What are "high risk merchants"?

Marijuana dealers in Colorado, adult industry, some subscription services, and merchants who are at a "high risk" for charge backs.

Congratulations islandking, you're the second winner in the 10 * 5 BITUSD Christmas give away.
PM me your BTS account and I'll send you your price.

Offline James212

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Re: Paycoin - Joining GoCoin
« Reply #7 on: December 29, 2014, 05:37:27 PM »
Paycoin seems to have disappeared from coinmarketcap... what does this all mean?

http://coinmarketcap.com/currencies/paycoin2/

Dec 29th:   Paycoin is back on Coinmarketcap at #3, Bitshares now at #5
BTS: theangelwaveproject


Offline marthagriffin

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Re: Paycoin - Joining GoCoin
« Reply #9 on: September 11, 2015, 05:29:26 PM »
Paycoin - the scam is dead

Offline chryspano

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Re: Paycoin - Joining GoCoin
« Reply #10 on: September 11, 2015, 06:39:39 PM »
Paycoin - the scam is dead
so is this thread too :)

 

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