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BitShares is back at no.4
Should it not go to $20?Damn gravity !!!http://coinmarketcap.com/currencies/paycoin2/#charts
I don't think they should be taken this lightly.They have the the resourceful Gawminers backing them and a huge community hashtalk.org supporting them. Just checkout their IRC #Gawminers , #XPY .Its quite active to say the least. There is also a lot of hype around the launch of their coinbase competitor , paybase.com/They are good with their PR.Their websites , videos are mass appealing and they have already managed to get articles out in major publications.http:// blogs.wsj.com/moneybeat/2014/11/25/bitbeat-gaw-miners-to-launch-bitcoin-challenger-paycoin/https:// cryptocoinsnews.com/josh-garza-to-launch-paycoin-media-tour/http:// coindesk.com/gocoin-gains-strategic-investment-software-development-push/They are looking to buy out companies left and right .They have made investments in GOcoin ,have already bought the exchange coin-swap.net and may buy out shapeshift.io soon and many more acquisitions to come according to Josh Garza ,CEO of Gawminers twitter.com/gawceo They have set out a ambitious plan to become the go to digital currency for the masses and it will be quite interesting to watch how successful they become in implementing it.
Quote from: Empirical1.1 on December 29, 2014, 06:45:45 pmQuote from: James212 on December 29, 2014, 06:31:35 pmQuote from: Empirical1.1 on December 29, 2014, 06:05:28 pmQuote from: hotpotato on December 29, 2014, 05:49:58 pmI don't think they should be taken this lightly.They have the the resourceful Gawminers backing them and a huge community hashtalk.org supporting them. Just checkout their IRC #Gawminers , #XPY .Its quite active to say the least. There is also a lot of hype around the launch of their coinbase competitor , paybase.com/They are good with their PR.Their websites , videos are mass appealing and they have already managed to get articles out in major publications.http:// blogs.wsj.com/moneybeat/2014/11/25/bitbeat-gaw-miners-to-launch-bitcoin-challenger-paycoin/https:// cryptocoinsnews.com/josh-garza-to-launch-paycoin-media-tour/http:// coindesk.com/gocoin-gains-strategic-investment-software-development-push/They are looking to buy out companies left and right .They have made investments in GOcoin ,have already bought the exchange coin-swap.net and may buy out shapeshift.io soon and many more acquisitions to come according to Josh Garza ,CEO of Gawminers twitter.com/gawceo They have set out a ambitious plan to become the go to digital currency for the masses and it will be quite interesting to watch how successful they become in implementing it.Yes, being good with PR brings great $$$ rewards.I don't think their website is that good though, I think MethodX is working on improving ours.Their video's aren't great either, is this their best one? http://m.youtube.com/watch?v=TFDUDSm7bI0I can edit something better I think. In fact if I combine an idea MethodX seeded, we would have a similar themed, 'global currency + community' advert http://m.youtube.com/watch?v=_W8ZekJ4eSk That one of theirs is really bad.Point taken Empirical, but I don't think the threat lays in the quality of their individual efforts, but in the effectiveness of their coordination. the whole being larger than the sum of this parts, as it were. We need to mirror this type of effort at BTS and hopefully we have finally gotten around to getting going. It is however, unfortunate that we are getting to the point where we have completely squandered out lead out the gate. Soon we may have no high ground, and we will be fighting the public awareness battle toe to toe with our competitors. Yeah. I think we are getting going. I think the Chinese side is leading the way and is capable of great things once they overcome BitShares PR problems & if a handful of guys like Method, HPEnvy, Matt were a bit more incentivised, & with more to work with than their 1 100% delegate, I think we'd start to be in the game. POW is definitely weak right now. Bitcoin is paying $1 million a day to miners and hardly any of the retailers that accept BTC hold it, so the more utility it gains and the more purchases that are made the more downward pressure on price almost.You have a good point, we need to find a way around the budget limitation that comes with the delegate system at this low level of market cap. Agree with you that DPOS is currently our big advantage, but it won't be that way forever...
Quote from: James212 on December 29, 2014, 06:31:35 pmQuote from: Empirical1.1 on December 29, 2014, 06:05:28 pmQuote from: hotpotato on December 29, 2014, 05:49:58 pmI don't think they should be taken this lightly.They have the the resourceful Gawminers backing them and a huge community hashtalk.org supporting them. Just checkout their IRC #Gawminers , #XPY .Its quite active to say the least. There is also a lot of hype around the launch of their coinbase competitor , paybase.com/They are good with their PR.Their websites , videos are mass appealing and they have already managed to get articles out in major publications.http:// blogs.wsj.com/moneybeat/2014/11/25/bitbeat-gaw-miners-to-launch-bitcoin-challenger-paycoin/https:// cryptocoinsnews.com/josh-garza-to-launch-paycoin-media-tour/http:// coindesk.com/gocoin-gains-strategic-investment-software-development-push/They are looking to buy out companies left and right .They have made investments in GOcoin ,have already bought the exchange coin-swap.net and may buy out shapeshift.io soon and many more acquisitions to come according to Josh Garza ,CEO of Gawminers twitter.com/gawceo They have set out a ambitious plan to become the go to digital currency for the masses and it will be quite interesting to watch how successful they become in implementing it.Yes, being good with PR brings great $$$ rewards.I don't think their website is that good though, I think MethodX is working on improving ours.Their video's aren't great either, is this their best one? http://m.youtube.com/watch?v=TFDUDSm7bI0I can edit something better I think. In fact if I combine an idea MethodX seeded, we would have a similar themed, 'global currency + community' advert http://m.youtube.com/watch?v=_W8ZekJ4eSk That one of theirs is really bad.Point taken Empirical, but I don't think the threat lays in the quality of their individual efforts, but in the effectiveness of their coordination. the whole being larger than the sum of this parts, as it were. We need to mirror this type of effort at BTS and hopefully we have finally gotten around to getting going. It is however, unfortunate that we are getting to the point where we have completely squandered out lead out the gate. Soon we may have no high ground, and we will be fighting the public awareness battle toe to toe with our competitors. Yeah. I think we are getting going. I think the Chinese side is leading the way and is capable of great things once they overcome BitShares PR problems & if a handful of guys like Method, HPEnvy, Matt were a bit more incentivised, & with more to work with than their 1 100% delegate, I think we'd start to be in the game. POW is definitely weak right now. Bitcoin is paying $1 million a day to miners and hardly any of the retailers that accept BTC hold it, so the more utility it gains and the more purchases that are made the more downward pressure on price almost.
Quote from: Empirical1.1 on December 29, 2014, 06:05:28 pmQuote from: hotpotato on December 29, 2014, 05:49:58 pmI don't think they should be taken this lightly.They have the the resourceful Gawminers backing them and a huge community hashtalk.org supporting them. Just checkout their IRC #Gawminers , #XPY .Its quite active to say the least. There is also a lot of hype around the launch of their coinbase competitor , paybase.com/They are good with their PR.Their websites , videos are mass appealing and they have already managed to get articles out in major publications.http:// blogs.wsj.com/moneybeat/2014/11/25/bitbeat-gaw-miners-to-launch-bitcoin-challenger-paycoin/https:// cryptocoinsnews.com/josh-garza-to-launch-paycoin-media-tour/http:// coindesk.com/gocoin-gains-strategic-investment-software-development-push/They are looking to buy out companies left and right .They have made investments in GOcoin ,have already bought the exchange coin-swap.net and may buy out shapeshift.io soon and many more acquisitions to come according to Josh Garza ,CEO of Gawminers twitter.com/gawceo They have set out a ambitious plan to become the go to digital currency for the masses and it will be quite interesting to watch how successful they become in implementing it.Yes, being good with PR brings great $$$ rewards.I don't think their website is that good though, I think MethodX is working on improving ours.Their video's aren't great either, is this their best one? http://m.youtube.com/watch?v=TFDUDSm7bI0I can edit something better I think. In fact if I combine an idea MethodX seeded, we would have a similar themed, 'global currency + community' advert http://m.youtube.com/watch?v=_W8ZekJ4eSk That one of theirs is really bad.Point taken Empirical, but I don't think the threat lays in the quality of their individual efforts, but in the effectiveness of their coordination. the whole being larger than the sum of this parts, as it were. We need to mirror this type of effort at BTS and hopefully we have finally gotten around to getting going. It is however, unfortunate that we are getting to the point where we have completely squandered out lead out the gate. Soon we may have no high ground, and we will be fighting the public awareness battle toe to toe with our competitors.
Quote from: hotpotato on December 29, 2014, 05:49:58 pmI don't think they should be taken this lightly.They have the the resourceful Gawminers backing them and a huge community hashtalk.org supporting them. Just checkout their IRC #Gawminers , #XPY .Its quite active to say the least. There is also a lot of hype around the launch of their coinbase competitor , paybase.com/They are good with their PR.Their websites , videos are mass appealing and they have already managed to get articles out in major publications.http:// blogs.wsj.com/moneybeat/2014/11/25/bitbeat-gaw-miners-to-launch-bitcoin-challenger-paycoin/https:// cryptocoinsnews.com/josh-garza-to-launch-paycoin-media-tour/http:// coindesk.com/gocoin-gains-strategic-investment-software-development-push/They are looking to buy out companies left and right .They have made investments in GOcoin ,have already bought the exchange coin-swap.net and may buy out shapeshift.io soon and many more acquisitions to come according to Josh Garza ,CEO of Gawminers twitter.com/gawceo They have set out a ambitious plan to become the go to digital currency for the masses and it will be quite interesting to watch how successful they become in implementing it.Yes, being good with PR brings great $$$ rewards.I don't think their website is that good though, I think MethodX is working on improving ours.Their video's aren't great either, is this their best one? http://m.youtube.com/watch?v=TFDUDSm7bI0I can edit something better I think. In fact if I combine an idea MethodX seeded, we would have a similar themed, 'global currency + community' advert http://m.youtube.com/watch?v=_W8ZekJ4eSk That one of theirs is really bad.
What am I excited about?- Bitshares is so far ahead of the curve with regards to understanding the potential of and developing DACs in so many exciting areas.- On the technical front it seems like Dan is a few moves ahead, anticipating problems other people aren't even thinking about yet and already implementing solutions to solve them. - Bitshares X, the value proposition is just so clear vs. the existing status quo, this one DAC & its successors can completely change the face of finance. Woo hoo!!!!!!!!!!!!!! What am I worried about? - Social consensus, third parties that haven't been working with Invictus honouring AGS/PTS - Personally I don't necessarily see that happening.- Dan heavy, if something happened to Dan, my investment would be worth a lot less. (But I guess that is the case with a lot of companies in the beginning.) - Marketing, it's very good (Really liking the evolution of the website) but it's not incredible yet. Particularly with regards to advertising, I would like to see more videos and adverts, that I can share with friends. (I know they're coming... slowly ) I also think anticipation with regards to how the market and public will respond to certain product and branding decisions might not at the same gifted level as other areas. When marketing strong talent weak vultures start preying on some DAC's before they become established this could surface as a potential vulnerability.
Quote from: Graffenwalder on December 23, 2014, 11:12:58 pmQuote from: Stan on December 23, 2014, 10:41:42 pmQuote from: Graffenwalder on December 23, 2014, 08:56:43 pmQuote from: Stan on December 22, 2014, 01:19:27 amJust let me publish a feed for all the entries on coinmarketcap...Its a simple formula, really:BTS = 10*(BTC = 100*(XRP = 1000*(LTC = ... Congratulations Stan, you're the fourth winner in the 10 * 5 BITUSD Christmas give away.PM me your BTS account and I'll send you your price.Your amusement is reward enough for me! Please send my winnings to your favorite project on NullStreet.Great, your generosity is truly in the Christmas spirit.It seems another familiar name, is thereby the winner. Congrats Empirical1.1, thanks for what you've done on your recent project.Thanks, unfortunately I cannot accept your award, while currently using BitShares branding my video/s may not ultimately be released under BTS. You will find a lot of worthy winners at NullStreet though. A lot of people doing selfless, valuable work there.
Quote from: Stan on December 23, 2014, 10:41:42 pmQuote from: Graffenwalder on December 23, 2014, 08:56:43 pmQuote from: Stan on December 22, 2014, 01:19:27 amJust let me publish a feed for all the entries on coinmarketcap...Its a simple formula, really:BTS = 10*(BTC = 100*(XRP = 1000*(LTC = ... Congratulations Stan, you're the fourth winner in the 10 * 5 BITUSD Christmas give away.PM me your BTS account and I'll send you your price.Your amusement is reward enough for me! Please send my winnings to your favorite project on NullStreet.Great, your generosity is truly in the Christmas spirit.It seems another familiar name, is thereby the winner. Congrats Empirical1.1, thanks for what you've done on your recent project.
Quote from: Graffenwalder on December 23, 2014, 08:56:43 pmQuote from: Stan on December 22, 2014, 01:19:27 amJust let me publish a feed for all the entries on coinmarketcap...Its a simple formula, really:BTS = 10*(BTC = 100*(XRP = 1000*(LTC = ... Congratulations Stan, you're the fourth winner in the 10 * 5 BITUSD Christmas give away.PM me your BTS account and I'll send you your price.Your amusement is reward enough for me! Please send my winnings to your favorite project on NullStreet.
Quote from: Stan on December 22, 2014, 01:19:27 amJust let me publish a feed for all the entries on coinmarketcap...Its a simple formula, really:BTS = 10*(BTC = 100*(XRP = 1000*(LTC = ... Congratulations Stan, you're the fourth winner in the 10 * 5 BITUSD Christmas give away.PM me your BTS account and I'll send you your price.
Just let me publish a feed for all the entries on coinmarketcap...Its a simple formula, really:BTS = 10*(BTC = 100*(XRP = 1000*(LTC = ...
Yeah, it's an interesting group of winners, but I've got a special surprise for you:Congratulations nomoreheroes7 you're the sixth winner in the 10 * 5 BITUSD Christmas give away.PM me your BTS account and I'll send you your price.To all others, this is the last winner of the day.Replying to my posts, will probably not get you in the winning list.But who knows you might be a winner tomorrow
this summer
Hey look, its gone.I'm thinking that tons of people from every different coin community probably bitched at CMC about that one so they took it down.I can't say that I understand paycoin at all yet, but things appearing out of nowhere at 50 million market cap, and then 150 million market cap due to supply chance, is quite fishy to me.
Quote from: Ander on December 23, 2014, 05:07:16 amThey just upped the supply from 5 million to 12 million, really? Lol.Maybe Fuzzy will want to vote in a delegate to reimburse people who get burned buying PayCoin?https://bitsharestalk.org/index.php?topic=12541.msg165228#msg165228
They just upped the supply from 5 million to 12 million, really? Lol.
Its basically just a mining contract isnt it? Its a promise to pay $20, an IOU from a centralized authority.Thats not really the type of thing that should be put on coinmarketcap, imo.
People may need to read some interesting articles so that they may present more options in crytocurrency or cryptoequity investments. I'm not saying they "should" . Googling their way may do the trick
Quote from: CLains on December 22, 2014, 02:08:05 amIn other news: 50 Cent reveals $78 million underwear deal with FRIGO PnD alts are just mutants in our local CMC pond you guys, 2015 is the year we find the real monsters..50 is a real hustler Good for him! 78 million from underwear. That is almost 2x our market cap! LOL
In other news: 50 Cent reveals $78 million underwear deal with FRIGO PnD alts are just mutants in our local CMC pond you guys, 2015 is the year we find the real monsters..
I think the price is`t real
Quote from: Rune on December 22, 2014, 01:05:50 amQuote from: jwiz168 on December 21, 2014, 11:34:32 pmQuote from: Rune on December 21, 2014, 10:09:24 pmHilariously they've set themselves up in a situation where staying at their current market cap is basically a total failure, even though they made it to number 4 instantly. As I understand it people bought them for 20 USD in the ICO with the assumption that it was "backed" at that level. If it stays below 20 USD for too long it'll probably completely unravel.Maybe there is a little bit of misinformation here. Since August I have been with GAW with their Hashlet . I have gained enough funds mining and right after the price of Hashlets soared from $16 to $50 , I have breakeven and more. Now Paycoin, investors have $4 /coin in ICO where as Josh Garza , CEO of GAW guaranteed its price to peg at $20 once its on the market. The thing with PayCoin is , it had recently ended its PoW phase with 500,000 coins being mined using SHA-256 algo. After this PoS will start with the so-called HashStaker wallet (evolved from Hashlets).The recent jacked up of coin supply was due to the miners of Hashlets through Hashpoint- a mining reward for GAW accounts. Paycoin will continue to increase its supply since it will enter the PoS phase Monday Dec 22, 2014.So it is actually POS! That's a bit more impressive. It could be they are actually a serious competitor to bitshares, especially if they actually deliver on the 20 USD and maintain their high liquidity... Unless it turns out to all be one big pump and dump.I seriously doubt if pump and dump may happen. There is structure or whitepaper that Paycoin will be staked. It's really attractive to investors. Aside from going to be major payment processor (KYC will began shortly) among retail store and online market, the rate of HashStaker (wallets where coins are being staked in 3 or 6 months or even forever) for round 1 would be 0.00972. So if someone stake 1 paycoin to HashStaker wallet here is the computation : 1 x 0.00972 = 0.00972 XPY daily 0.00972 x 30 days = 0.2916 XPY monthly
Quote from: jwiz168 on December 21, 2014, 11:34:32 pmQuote from: Rune on December 21, 2014, 10:09:24 pmHilariously they've set themselves up in a situation where staying at their current market cap is basically a total failure, even though they made it to number 4 instantly. As I understand it people bought them for 20 USD in the ICO with the assumption that it was "backed" at that level. If it stays below 20 USD for too long it'll probably completely unravel.Maybe there is a little bit of misinformation here. Since August I have been with GAW with their Hashlet . I have gained enough funds mining and right after the price of Hashlets soared from $16 to $50 , I have breakeven and more. Now Paycoin, investors have $4 /coin in ICO where as Josh Garza , CEO of GAW guaranteed its price to peg at $20 once its on the market. The thing with PayCoin is , it had recently ended its PoW phase with 500,000 coins being mined using SHA-256 algo. After this PoS will start with the so-called HashStaker wallet (evolved from Hashlets).The recent jacked up of coin supply was due to the miners of Hashlets through Hashpoint- a mining reward for GAW accounts. Paycoin will continue to increase its supply since it will enter the PoS phase Monday Dec 22, 2014.So it is actually POS! That's a bit more impressive. It could be they are actually a serious competitor to bitshares, especially if they actually deliver on the 20 USD and maintain their high liquidity... Unless it turns out to all be one big pump and dump.
Quote from: Rune on December 21, 2014, 10:09:24 pmHilariously they've set themselves up in a situation where staying at their current market cap is basically a total failure, even though they made it to number 4 instantly. As I understand it people bought them for 20 USD in the ICO with the assumption that it was "backed" at that level. If it stays below 20 USD for too long it'll probably completely unravel.Maybe there is a little bit of misinformation here. Since August I have been with GAW with their Hashlet . I have gained enough funds mining and right after the price of Hashlets soared from $16 to $50 , I have breakeven and more. Now Paycoin, investors have $4 /coin in ICO where as Josh Garza , CEO of GAW guaranteed its price to peg at $20 once its on the market. The thing with PayCoin is , it had recently ended its PoW phase with 500,000 coins being mined using SHA-256 algo. After this PoS will start with the so-called HashStaker wallet (evolved from Hashlets).The recent jacked up of coin supply was due to the miners of Hashlets through Hashpoint- a mining reward for GAW accounts. Paycoin will continue to increase its supply since it will enter the PoS phase Monday Dec 22, 2014.
Hilariously they've set themselves up in a situation where staying at their current market cap is basically a total failure, even though they made it to number 4 instantly. As I understand it people bought them for 20 USD in the ICO with the assumption that it was "backed" at that level. If it stays below 20 USD for too long it'll probably completely unravel.
Quote from: islandking on December 21, 2014, 10:25:57 pmQuote from: onceuponatime on December 21, 2014, 10:20:06 pmQuote from: fuzzy on December 21, 2014, 10:09:55 pmConstantly floored by the level of bullshit that most cryptos are willing to construct in order to effect their perception of value. More and more I realize that bitshares really is one of a very few legitimate projects out there. Sadly, the masses are easily swayed by such dishonest tactics and so many will lose their asses. Maybe we should set up a delegate to pay out to those who have been screwed over by illegitimate coins in some way. Not entirely sure how that would look though...That is a REALLY bad idea.Yeah, because how would you prove that they actually lost money? People would take advantage of this.thus the "Not entirely sure how this would work though" part. It is obvious people could scam it if done incorrectly...only question is--IS there a right way to do something like this?
Quote from: onceuponatime on December 21, 2014, 10:20:06 pmQuote from: fuzzy on December 21, 2014, 10:09:55 pmConstantly floored by the level of bullshit that most cryptos are willing to construct in order to effect their perception of value. More and more I realize that bitshares really is one of a very few legitimate projects out there. Sadly, the masses are easily swayed by such dishonest tactics and so many will lose their asses. Maybe we should set up a delegate to pay out to those who have been screwed over by illegitimate coins in some way. Not entirely sure how that would look though...That is a REALLY bad idea.Yeah, because how would you prove that they actually lost money? People would take advantage of this.
Quote from: fuzzy on December 21, 2014, 10:09:55 pmConstantly floored by the level of bullshit that most cryptos are willing to construct in order to effect their perception of value. More and more I realize that bitshares really is one of a very few legitimate projects out there. Sadly, the masses are easily swayed by such dishonest tactics and so many will lose their asses. Maybe we should set up a delegate to pay out to those who have been screwed over by illegitimate coins in some way. Not entirely sure how that would look though...That is a REALLY bad idea.
Constantly floored by the level of bullshit that most cryptos are willing to construct in order to effect their perception of value. More and more I realize that bitshares really is one of a very few legitimate projects out there. Sadly, the masses are easily swayed by such dishonest tactics and so many will lose their asses. Maybe we should set up a delegate to pay out to those who have been screwed over by illegitimate coins in some way. Not entirely sure how that would look though...
Quote Have not read it. Link?https://bitcointalk.org/index.php?topic=896480.0
Have not read it. Link?
Quote from: fuzzy on December 21, 2014, 10:09:55 pmconstantly floored by the level of bullshit that most cryptos are willing to construct in order to effect their perception of value. More and more I realize that bitshares really is one of a very few legitimate projects out there. Sadly, the masses are easily swayed by such dishonest tactics. Did you read the bob surplus story? It seems like most altcoins as a rule are simply scammers scamming scammers.
constantly floored by the level of bullshit that most cryptos are willing to construct in order to effect their perception of value. More and more I realize that bitshares really is one of a very few legitimate projects out there. Sadly, the masses are easily swayed by such dishonest tactics.
Looks like it is centralized by "USD reserves":Proof Of ReservePayCoin™ is backed by a fiat-based reserve of USD that shields early adopters from risk and increases acceptance by large institutions.
Remember Ethercoin?Same thing happened - reason is because market cap calculation takes the top price off the book and multiplies by the supply, which doesn't consider actual demand for the coin.Full explanation:https://bitsharestalk.org/index.php?topic=11514.0
It was an IPO, with promises of all great things. They atracted quit Some btc.The only impressive thing was that they went from 0 to 40 terraflop hash in à day.But since gaw miners is behind it, it should raise a couple of flags.They sell pay coin on their website for 20 usd, and this is somehow going to guaranty their marketcap.So all idiots aboard, last call to lose your money.Honestly I don't understand how people can still fall for this crap.
Quote from: biophil on December 21, 2014, 07:41:21 pmQuote from: islandking on December 21, 2014, 07:31:12 pmLooks like it is centralized by "USD reserves":Proof Of ReservePayCoin™ is backed by a fiat-based reserve of USD that shields early adopters from risk and increases acceptance by large institutions.It's moments like these when I wish I could easily short these pump and dump coins. Sent from my SCH-S720C using Tapatalk 2Yes, I really wish there was a way to short scam coins. BTS should eventually trade altcoins at some point, right?
Quote from: islandking on December 21, 2014, 07:31:12 pmLooks like it is centralized by "USD reserves":Proof Of ReservePayCoin™ is backed by a fiat-based reserve of USD that shields early adopters from risk and increases acceptance by large institutions.It's moments like these when I wish I could easily short these pump and dump coins. Sent from my SCH-S720C using Tapatalk 2
The weekend launch of GAW Miners’ new altcoin, paycoin, led to a speculative boom in mining rig rental prices and a rarely seen boost in altcoin trading.Paycoin launched on 12th December, kickstarting both a sharp jump in hosted mining prices and a period of sustained trading on several altcoin exchanges. The coin has attracted attention due to the ongoing discussion surrounding GAW Miners, promises of crypto 2.0 functionality and a commitment to shore up its price at $20.