PoWH3D hodler dwayne

I'm amazed scams like this still get people.

why would you call it a scam?
You can read the whole code as it's open-source:
etherscan.io/address/0xb3775fb83f7d12a36e0475abdd1fca35c091efbe

You even seen the site? I guess not. Use brain, then post. Not the other way

lol this is pathetic

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Defapbitch posted his porn videos online to get into this
All hail Powh

basically like a bank that pays a great interest rate, but the teller is a crazed robot nobody can control now. IM IN.

>You can read the whole code as it's open-source:

What use is that? 99.9999% of eth owners don't have enough understanding of solidity to verify what's happening in the contract.

Everyone ITT should check out EthPhoenix instead, the underlying is still a pyramid scheme with the same zero-sum math but there is an actual economy built around it

I mean just look at this whitepaper

ethphoenix.io/docs/PhoenixCoin_Whitepaper.pdf

You know that the contract has been audited by paid auditors, right? Two whole hackatons were held to break the contract to no avail. This shit is safe.

lmao nice try shiller, phenix is just clone of original powh while p3d is actual erc-20 token which will have real ecosystem of apps.

I think you should read the whitepaper user

I'm in ethpyramid/phoenix since beggining, read it already too. It's just the same what I written but said in different words - actual powh clone

EPX: Futures
Mineable Tokens

PoWH: No games, much like the PS3 of ponzis
10% transfer fee, more than BTC
No mineable tokens

Sad. You really should actually read it, it's an interesting paper.

Do you know how long ethpyramid is there? P3D will have futures - confirmed by pyrmex creator. There will be games too. It is there for few days, relaunched short time ago, what do you expect?
Use brain

Yeah, the pyrmex guy is making PoWH3D futures. With the PHX token, outlined in the whitepaper. Lmao

Eth phoenix is a joke, if you get in now you will just feed. Their math is logarithmic. Powh3d is a simulated market with linear mathematics, doesn't matter where you buy in you still win. Referral links on powh net good returns also. Use your brain anons

wrong, EPX is linear, and you can extract the CRR value from the contract and plug it into wolfram alpha to prove it yourselves

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watch phoenix desperates getting butthurt

they think p3d is like fighting with them

Oh no, 3D isn't even in the same league. Nobody thinks that

The stink of desperation surrounds you, ethphoenix is just ethpyramid rebranded. Same contract that milks new buyers.
Powh3d new buyers see divvies straight away

>the stink of desperation surrounds your mathematics whitepaper

You should actually read it, it's pretty neat ¯\_(ツ)_/¯

Mantso, lead dev of powh3d is actually developing 3D futures on his own. Not related to EPY.

There's many things in development for P3D. Until today, nothing new had been released for EPY specifically, but they just announced they are creating a worthless shit token that doesn't get any value. P3D has intrinsic value, can always be returned for ETH. You make the argument of 10% transfer fee, but you literally cannot transfer EPY. Only it's derivative shit token that doesn't cost anything to produce, it's a literal byproduct and will only be used for in-house dapps.

I'm glad mantso is finally developing futures, and I look forward to playing what he puts out

But lets break this apart

P3D -> tied to -> ETH = Intrinsic Value
PHX -> tied to -> EPX -> tied to -> ETH = Intrinsic Value

Saying it costs nothing to produce literally only means you still haven't read the whitepaper.

Why would anyone even want to transfer something with a 10% fee? I would do literally anything to avoid that, you guys would be better served creating an intermediary token in the same way. I do understand the 10% transfer fee makes dividends, and dividends are great, but I would never send any stack of my money knowing it's going to lose 10% of its value just from the TX fee. That's retarded.

So you've never paid taxes? On every purchase, you pay a flat percentage of tax. The point of the transfer function is so it can be used in relevant dapps. Not to send it around, that's just an added bonus. Oh and by the way, people transfer tokens every day despite the 10% tax. So your anecdotal usecase is irrelevant in the face of facts. Don't try to pretend the intermediate token of EPY can actually substitute the transfer function, as it cannot. It's a one way direction. EPY produces PHX and that's the end of the road.

>10% TX fee
>People transfer every day

Why? Why would they do that? That doesn't make sense, and you're making it up - it's a completely useless feature until there are games, and even when there are games, they will need to provide 20% more profit than they would have to normally because of the fees. That's going to be challenging at worst, and extremely unnecessary at best.

If you actually sit and think about it for 5 seconds, you would make more dividends off a 1% transfer fee because more people would be willing to take a 1-2% hit rather than 10%-20%

There's also no reason you NEED to transfer the 3D tokens instead of an intermediary - I've seen "Earn divs while they're in the game" But you would still get those same dividends holding them in the contract, and if you have a game that gives dividends by itself, you can't get both with the tokens in a wallet with a different private key.

e.g. You're retarded

Wow I didnt see the 10% fee.

I put in 0.7 ETH at 0.0024 ETH/P3D.

That got me 283 coins (which is worth 0.7 ETH).

It shows my value as 0.59 ETH.. Thats more than 10%..

Whats happens if I withdraw, how much do I really lose?

If I withdrew right away, your telling

we're talking about transfers, like moving tokens from one wallet to another

but yes if you buy and sell immediately, both take 10% so you'd lose 20% of your money doing that - the concept is holding through enough volume to reclaim the 20% since those 10% cuts are given out to others as dividends

The value it's showing you is your expected value at the time of sale, so what you see is what you get when you sell

If I lost 10% buying, why do I have 100% of my value in tokens still?

0.7 ETH --> 283 coins, thats 100% of my value.

Because there is a Buy / Sell in ETH price and the sell price is always ~20% lower than the buy price

enjoy getting hacked

>P3D -> tied to -> ETH = Intrinsic Value
>PHX -> tied to -> EPX -> tied to -> ETH = Intrinsic Value

You know the last one is completely false. The first is true, P3D is directly tied to ETH and can ALWAYS be liquidated for ETH, on the spot. PHX can NEVER be liquidated for ETH. It can only be created with ETH, so there is no "intrinsic value". It's just a pretension that it has due to it being created as a byproduct. The main product is EPY, which yes, you can get ETH for. PHX? Nope, you can not get ETH for directly. Maybe if there's a retard stupid enough to buy it on an exchange lol.

>Why? Why would they do that? That doesn't make sense, and you're making it up

Check the P3D exchange website and click on transfer. You're straight up fucking lying. You can literally see the transfer transaction history on the bottom of the page.

>you actually sit and think about it for 5 seconds, you would make more dividends off a 1% transfer fee because more people would be willing to take a 1-2% hit rather than 10%-20%
It's clearly you who has not thought about it, because if you put up a transfer fee less then 10%, you have effectively created a loophole because transfers would be cheaper then buying a token, which completely voids the purpose of buying the tokens and will inevitably create a downward spiral. Lol like literally think about it for 5 seconds, you know?

>But you would still get those same dividends holding them in the contract, and if you have a game that gives dividends by itself
So.. captain obvious stating the obvious here. Why would people hold ETH and not spend it on cryptokitties? Same fucking argument, it's because people expect those shit cats to become worth more then the ETH they paid for. The same exact argument can be made for P3D and games, but there's a bonus that you still earn divs when your P3D is in those games.

You're the actual golden boy moron here. Stop posting anytime.

You are failing to understand that in order for PHX to be created, someone needs to have an investment in EPX

It is the exact same reason any coin has value, including BTC, because a free market agrees on a value taking the costs of production into account. Don't act like this doesn't make sense, it what gives all crypto its value.

There is absolutely no reason, it its current implementation, to transfer tokens. You would have to be completely retarded to gift somebody 3D tokens instead of ETH.

Your "loophole" is called a free market, and it wouldnt create any spiral because tokens need to be generated from the contract originally, so anyone selling it for less than they would get from the contract with the fee included is retarded.

You don't understand basic economics, you just see a fat 10% fee and think that because it exists in the system, that it is a critical component and removing it would be an "exploit" when you are really just too stupid to understand how a free market is supposed to work.

Can't wait to see the games though

There's already been an implementation of a ponzicoin with a 1% transfer fee, and it works fine - there is no mathematical exploit leading to a downward spiral, it's called KPOcoin, and it was developed by technicalrise. You are capable of finding the test contract and seeing for yourself that adding a free market and dropping a 10% fee for a 1% fee breaks nothing.

>You are failing to understand that in order for PHX to be created, someone needs to have an investment in EPX
No, I literally described this. PHX is a byproduct and nothing else. Good that you are now coming back to this though and ignoring how I debunked your claim that PHX has intrinsic value. It doesn't. It cannot be converted to ETH directly. It's a one way street of ETH into EPY that poops out PHX that is technically completely independent from EPY and relies solely on what the devs do with it later on.

>It is the exact same reason any coin has value, including BTC, because a free market agrees on a value taking the costs of production into account.
Irrelevant, you're now talking about speculation value where there is none. Sure PHX might have speculation value in (even though it's worse then comparable coins like 0xBitcoin), but it doesn't have intrinsic value. P3Dcan be converted to ETH, PHX can't. That's the core of my point, one I debunked in your false claim that PHX had that same intrinsic value. Nothing else.

>You don't understand basic economics, you just see a fat 10% fee and think that because it exists in the system
Buy and sell orders both have 10% fees. If you have free transfers, it means that purchasing tokens outside of the system is cheaper, which overall reduces dividend income. Reduced dividends means no reason to hodl, which causes strings of sells, which negates any positives about cheap or free transfers in the first place. You're an actual retarded confirmed.

>There's already been an implementation of a ponzicoin with a 1% transfer fee, and it works fine - there is no mathematical exploit leading to a downward spiral, it's called KPOcoin
It's because KPOcoin is minted through other methods and not through a 10% buy fee. That's why it can work and why it doesn't impact the rest of the economic model behind the coin. Did you even consider this or are you legitimately stupid?

My entire response to this is just a copy paste of my last post, we will see if you are correct or are just talking out of your ass about economic theory

ITT a bunch of fucking retards and pajeets