Official $POSW MOON thread pt.3

FAQ:

>So is the actual token PoS or PoW?
POSW is a PoS coin. Stake rate is 1% but you get a higher % from their web wallet if you pay them, although only whales can afford to do that.
The coin also pays dividends monthly, which are proportional to the income of the exchange.

>What are the requirements for a masternode and how many coins you get depending on your stake?
As I already said, I don't think they've announced this yet. Masternodes are a planned feature, not an existing one.

>Why there's so little info on the fucking website?
Because the front page is fucking retarded. You have to click through to the exchange and then click on the FAQ icon in the top-right corner. There's a lot of info there.

>Explain deeper.
The reason to buy this coin is that it pays dividends and is the primary currency on an exchange that includes a staking web wallet.
If that exchange ceases to be trustworthy, no one will want the coin and dumping it will be hard.
Therefore, there's no reason to just take the money and run, since most of the money will be in this coin and not in BTC.

Thank you crypto god, we're all gonna make it

>>1977585

When are you going to buy that Lambo fellow POSW buyer?

this is a le scam guys.

>>1977646
I'm poor so only have 2000 posw, but this will kickstart my portfolio for future coins. But if this does kick off to astronomical levels, soon brother.

>>1977580
>tfw only 3k POSW and no BTC to buy more
Damn. I fucked up, AGAIN.

>>1977667
im assuming you bought in the 10 cent range
It will hit 1$ by june-july no problem. you're good

>>1977659
>>1977667
I put everything I had into it. I have around 400 posw

I've been doing this to gain tiny amounts.

1. Make account at https://poswallet.com Use aprest as refferal ID (optional)
2.Click Dashboard Scroll till you find the coin you want a wallet for
3. Click “Generate XXXXX wallet address” to create the wallet
4. Click Faucets find the coin you just made a wallet for and click it
5. Free coins sent to your wallet
6. Trade or keep the free coins

>>1977667
I know the feel, brother

>Only 1000 POSW @ 8800 Satoshi

I'm not even looking for the Lambo at the moment. I just want a house and an AK. Maybe a new Lancer.

>>1977684

Using faucets does basically nothing, you get an amount equal to 0.01$ or less.

nice dump, hope it corrects below 10k

>>1977667
>200 posw as I started screwing with crypto
>Blockchain.info restriction

WHERE THE FUCK DO I GET MORE BTC INSTANTLY? I ONLY HAVE DEBIT, HELP

>>1977789
you can buy on coinbase with debt credit

>>1977789
Localbitcoins. Don't listen to the coinbase/kraken shills, they are literally paid to write those posts.

>>1977802
Does that require ID
Is it instant?

>>1977648
epic, upboated

should i keep my posw in poswallet or yobit? does it matter? i mean, if i have 700 posw on yobit and want to sell them in poswallet, just by transferring them, will i sell them with the average prices of poswallet?

>>1977809
No ID, but I've heard some people from certain countries have to. It goes as fast as the bank system in your country works.

>>1977736
Won't make you rich but if you do it right you can start stacking the coin you want slowly. Then you can stake it for more. It's a process but it's free what do you expect?

How do I use the pose exchange it won't let me buy anything

is anyone else still getting the "cannot process purchase, please try again" error on posw?

>>1977849
Ye the site has been having quite some trouble today, keep trying though, its off and on.

Any news on when/if it will be listed on Bittrex?

>>1977823
You want to keep them on poswallet because then you'll stake them and gain more coins If you haven't made a account yet please consider using my referral ID aprest I'll really fucken appreciate it

>>1977842
You have to move the coins from the staking wallet to the exchange wallet. Under the wallet tab

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>it's actually going up
>mfw right now fud spreading nocoiners are probably buttblasted

oh cryptogod you are kind and generous. I wouldn't be surprised if you weren't very handsome as well

VOTE for BTCR on POSWallet if you can. I am paying 100 BTCR per vote on thecryptochat dot net

im up 50% so far

lets get it /biz/

Thanks CryptoGod, you're the best. Should I buy more now, or wait for a dip?

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>>1978073
BUY BUY BUY

>>1978073
I have the same question.

Do you not think that the centralized company behind POSW will end up with majority stake weights in the POS cryptos it supports?

Would this not be detrimental to network security? Piss off the POSW devs and they accidentally fork your crypto into oblivion?

>>1978073
I doubt it will go back under 10k satoshi ever again unless the devs pull an exit scam. The only correct answer is to buy. You have to remember that this project is still pretty much unknown even in the cryptosphere, imagine how far this will moon when it receives mass adoption.

>>1978121
We don't have a block explorer yet so we don't know the distribution

>>1978155
Not the distribution of POSW, but rather the fact that everybody is trusting this web wallet to stake on their behalf.. if it's significantly more appealing than a crypto's core client they may see a majority of stake weight within the POSW web service.

Supporting so many coins, there's bound to be problems, it would be a shame to short the shit out of your crypto whilst intentionally causing forks with a majority of stake weight on the network..

POSW looks like it might not be going down anymore from this point. Very stable.

>>1978898
>>1978898

Cryptogod what is your next hot tip? I wanna get in early on something.

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>>1977580
Nice crop OP. You forgot to add the next minute candle.

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well this is awkward

how do i move my bitbeans from my staking wallet to the wallet where i can exchange some for PosW coins?

>>1979015
Click on "wallet."

>>1979018
thanks

IT FELL YOU FUCKING FUCKS
FELL RAPIDLY
why is nobody posting about it, I feel like it's all in my head because of that ;_;
it's sitting at 13.5k sat compared to like 16 a few hours ago, or 16.5? dollars compared to 19

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>>1979048
>coin or stock with a lot of hype increases by 50-60% in a single day
>/biz/ chasers buy at the top
>natural pullback takes it down so it's up "just" 30-40% for the day
>/biz/ chasers call this a crash and panic
Why is this board so clueless about investing?

>>1979048
Enjoy your new bag lmao. What you actually thought this wasn't a pump and dump?

>>1979048
what exhange are you looking at? PoSW site has it priced at 15k sats right now

>>1979062
I'm not panicking especially since I put in 60 dollars and know it's gonna correct itself, I'm just wondering why is nobody posting about this while there were so many threads when it was rising

I invested $100 in PoSW to test the waters when it was under 10sat.
I've got about $500 left on the side.
How much do I invest in PoSW? Go all in? Not like it's that much money, but it's all I can invest right now

damn shoulda bought at 5k sats. but the fucking site took way too long and never transfer btc so i said fuck it.

>>1979076
thats more than i have lad but you could see some nice profits with that anyway. I'm putting in ~$50 at different prices, just in case it drops down so i can buy more then

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>>1979067
?

>>1979085
Thing is, I don't know how much it'll dip from now on.
I could go in on this small dip now, but still, I wish I would have invested another hundred or so yesterday.

>>1979048

>literally chump change

I'm down over $1000 and I can't even be shrugged, it's crypto if you are this quick to emotional dissatisfaction you will lose all the time, go back to /robin hood general/ if you can't handle it.

It doesn't really matter that it went from 16k to 13k because the liquidity at 16k was very thin, it only took a few sells to drop the price, you have to understand the liquidity not just green is good red is bad. It's all good just relax man, it'' find it's support above 10k sats.

>>1979074
Why would anyone post about it?
People post about rapid rises because it causes euphoria and they want to share that with fellow investors and brag to anyone who missed out.
Nobody posts about ordinary corrections because there's nothing to talk about.

>>1979048
i bet this retard sold at a loss

>>1979122
>>1979098
I didn't sell shit and I'm not emotionally dissatisfied desu

>>1979122

Noobs need to learn, seems we get a lot of newfags coming to biz wanting to jump in on the bandwagon with pennies expecting to see millions.

>>1979130
No lol I know it's going to correct itself and unlike many I don't even expect huge returns from this and I'm certainly not going to sell on a dip (though I did buy quite high, at 14.6k satoshi, but it was because my money didn't arrive earlier)
I just wanted to draw some attention to the chart by subtle trolling because I'm bored, it's 4 am and I have nothing better to do than refresh it

>>1977736
That's big money for the occasional third worlder that stumbles upon here

>>1977736
hey screw you.

>in 2013 i started using faucets for doge and btc
>when i got to 10k i found an exchange called bittrex
>i got up to .5 btc
>found a site with more volume PooLoo
>got to my first btc on PooLoo
>lost 1btc made 1 btc
>made 2 btc lost 1 btc
>made 2btc lost over and over, winning a litter more each time losing a little less
>learned alot
>bought xem at 50
>sia at 15
>lisk ico
>monero at 4
>via at 6k
lots of random shit coins
made great gains great loses
got liquidated because POOLOO scam server crash on ripple
literally fucking bullshit went long tried to short at 7k tried to close nothing nothing nothing servers crashing, got back on and poof

>kept a little on bittrex this whole time
>bought pivx gained to 600

>bought posw now over 1000 in my spare fund

ALL started with a faucet

next challenge make my own coin almost ready for launch

>>1977580
The best coin to go on a rocket ride to the moon right now if FRN, (FRANCS) it is a french coin based in Paris that has 40 locations serving it

Can anybody spare a few hundred POSW for a poorfag neet? I want to be rich too.
PXqU5E2UvJPKLgg1G2TwGN6q8qoyDJk6km

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POSW now available in Coinomi wallet

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We bittrex now

>>1979254
Honestly I'm with that idea senpai.

Lmk what your coin represents.

>>1977580
You're the man, CryptoGod.

First bought in at 5 cents and then at 8. I've never had a fastlane like this...

Do I understand correctly?

>Buy BTC
>send it to poloniex, bittrex or yobit
>Trade it for PoSW
>Send PoSW to PoSWallet
>Earn Stakes

Is this correct?

>>1979860
Yes

>>1979860
Except it's not on bittrex yet. Go to yobit

i honestly think this may be added to poloniex
A block explorer - check
A website - check
A unique genesis block - check
A compiled wallet - check
they can easily pass a code review and the idea is pretty innovative.

>>1979868
>>1979866
It's coming to bittrex very soon, probably by next week

See >>1979734

>>1979884
No it isnt

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>>1979899
But go ahead and keep fudding. When you see the news, we will remind you

>>1979902
Doesn't mean shit buddy.

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fuckfuckfuck, how to get more BTC in the quickest way?

>>1979907
Screencapped for when I can make a thread reminding you about how fucking stupid and pathetic you are. Stay poor nigger

holy shit this coin is going to 1 dollar then for sure

>>1979909
Bill from bittrex has confirmed its not happening any time soon.

>>1979911
If you say so retard. Just know you heard it here first

>>1979913
No I didn't. I've seen the ponziw crew posting it for days on slack.

>>1979911
lmao
but ok fucktards ill trade your stupid fucking coin. but i aint touching that wallet site

>>1979917
? I don't understand that comment

>>1979914
>ponzi
Nice buzzword. Stay poor

>>1977580
Thank you for the tip. Got in at .04. You are literally changing my life financially.

>>1979923
I'm not poor though

>>1979926
Okay larper.

>>1979927
?? You come across as very frustrated

>>1979924
We are literally going to be rich off of 4chan posts.

Think about that.

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>>1977580
How the fuck is it mooning so fast?

>>1979940
Because more and more people are entering the scene and are convinced it'll hit $5 by July (which is an easy target only $200m mcap)

>>1979940
Starting to get apprehensive. I know it's growing, but this seems unsustainable at the current rate.

>>1979943
How is it unsustainable?

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>>1979943
You have no idea what you're in for m8.

It could unironically reach $5 by June or July.

>low market cap
>limited supply
>actually pretty good site
>only exchange of its type
>virtually unheard of still, only began gaining traction 5 days ago

Buckle up

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>>1979937
Ive made 15k the past year based on info from biz. This board isnt just a meme.

>>1979940

FOMO, it's only going to snowball it's way up towards $1, there is strong support for this coin and it seems many groups will be aiming to see it rise a lot higher.

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>>1979943
I'm curious to how much a dividend I'll get at the end of this month

>>1979954

Agree, gotta shift through all the bullshit to find the gold, this board rocks but i really wish some certain individuals didn't exist.

If this reaches $1 like we all anticipate I will have enough to quit my job and pursue my dreams, all thanks to some Vietnamese soup kitchen forum.

>>1979962
How much did you invest

>>1979957
Eagerly awaiting the same. Hope the 50k + holders also report.

>>1979962
can i get the link to the vietnamese soup kitchen forum?

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>>1979967
will do :)

6btc wall at 18

>>1979964
>>1979964

Bought straight away when CryptoGod told us too (based af) I got 20k posw at 3k sats, 12k posw at 6k sats and another 12k at 8k sats.

Making up roughly 70% of my portfolio but I'm confident with it so i'll take the risk.

>>1979970
Once the first dividends drop, please make a thread. Sheer curiosity.

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>>1979967
I'll let you guys know. The devs in the slack said that the payout will probably be pretty high this month from all the volume.

>>1979980
what do you mean by payout? Can i get it if I have 3k+ posw?

>>1980009
You get a monthly dividend from the revenue the exchange made off of trading fees. The dividend is higher depending on how many PoSW coin you have.

You'll get some, but it will probably only be a few coins. Last month's was supposedly about .065% percentage of your total posw coin.

>>1980029
does the coins need to be at staking to get the dividends?

>>1980040
I believe so but I'm not totally sure. You want them in your staking wallet anyway, unless you're actively buying and selling on the exchange.

>>1980040
According to their website they said any address holding pows will get payed dividends.

Wew

>>1980051
You will only get dividend payout if your PoSW are in your staking wallet on poswallet or desktop wallet. So make sure you don't have them in your exchange wallet when they are paid out near the end of the month.

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I just want to exchange all my BTC how do I do this?

>>1980217
Just click on a price and click buy, it should put in the values automatically

>>1980217
put your btc in the fucking exchange then retard.

>>1980220
If you give a retard a calculator he'll try to use it to turn on a TV.

where the fuck buy i all these currencys?
i want a lambo too