It may have been legit and then went full ponzi.

My first inkling of concern is when they delayed the multiplication so we missed the bigger payout.  They didn't even pay us for the backdated shares that should have been given.  GAW would have done that without a doubt.

I don't mind a late payment here or there, but that multi thing cost a chunk off of one payment.

You're verfiably a brain dead sheep, verification not needed. you will need anal lube if you are planning to get $20 on Monday, and I heard Josh doesn't give reach arounds so plan accordingly

Wish I had the time to read through the last 20+ pages...but I'll keep this thread bookmarked, shits starting to get real for the faithful realizing they worship a false idol.  

Considering all..most of the ponzicoins will be stored on under Gaw's control wouldn't that give them control of the blockchain..similar to a bitcoin pool having 96% of the hashrate?
Vericoin had to hard fork their POS shitcoin when mintpal got hacked just to avoid a 51% attack by the hacker staking his stolen coins. And mintpal wasn't a shit coin staking site, just an exchange. So prime controllers basically means Visa/Mastercard/Paypal where Gaw can change/block/reverse any transaction they chose, they will control the ponzicoin blcokchain....that's not crypto

You might want to check up on the latest announcement.  rolfing indeed.



Once again, they have until January 15th.  Until then this is a moot point.



I admit, I'm poking a little bit.  But it's not like you haven't done the same.  I'll keep it civil.



I'm not mad... they are a business.  They have a vested interest in making paycoin a success.

You are missing the point.  Why do that manually when you can do it directly and transparently through paybase?  Joe Sixpack doesn't know the difference between BTC, XPY, DOGE, LTC, or a hundred other coins.  But he does know that he can use this one coin and payment processing system without having to worry about multiple steps, sending funds here, there and everywhere.  They just get what they want as easy as using fiat.

The point is to work with bitcoin, this has been stated before.  Bitcoin already has it's own momentum, why fight it?  Why not work with it, and get in niches where new retailers are just getting on-board with cryptocurrency a chance to work with existing ecosystems of bitcoin and/or paycoin.

"But BTC is slow you said..." you don't build Rome in a day.

You want to make paybase compatible with as much as possible from the get-go... then work in the advantages of paycoin to retailers to either supplant bitcoin (supporting the reverse transaction if you wanted to support paycoin-only transaction with someone's BTC stored on paybase)... or just provide another way for a retailer to get the sale via paycoin holders.

Are you talking about chargebacks for crypto purchases?

s0 TL;DR

is it all finished yet? is mining done?
can we go back to normal now please?

Apparently it's all good now:

https://hashtalk.org/topic/24613
https://archive.today/5m4NU

A large amount of the initial 12.5million coins are staked in the prime controllers.  This weight is what gives these special nodes authority for the transaction's authenticity.  There are 50 prime controllers staked with at least 1% of all available coins.  The rest of the coins are now in the hands of the former hashlet owners' wallets, and the last little bit are being mined now... and floating around on exchanges.

So... no... GAW doesn't control 96% of the hashrate or the stake rate.



I guess you are asking about prime controller collusion?  Just as it's very expensive to pull off a 51% attack on bitcoin, and counter-productive... it's the same concept in paycoin-land.



Or... you could go read the source code and point to where this is possible?