Bitcoin Forum

In 2017 the global Blockchain market cap grew over $700 billion USD and attracted millions of new users around the world. The leading exchanges Coinbase, Bitfinex and Bithumb struggled under the pressure of 200,000 new users per day and more pushing into the new digital economy. Drunk on the rush Coinbase´s mobile app even hit the number one at the Apple store just right before Christmas. So what comes next?

Once they get sober again they are shocked to realize that most crypto wallets on the market are poorly designed, complicated to use and not user-friendly for beginners at all. Transaction costs more than the minimum wage in America, transfers take hours and where can I spend my cryptos anyways?

We are a group of Blockchain enthusiasts located in Germany and our vision is to accelerate the transition to the blockchain based digital economy. Over the last months, we developed a new payment platform that leverages leading blockchains and will be a new home for your favourite crypto currencies.

It is called Payger.

Payger is the new payment platform for your favourite digital assets. We compared the leading payment systems today and started to combine the best features + designs and implemented the best technologies to develop Payger - the coin agnostic payment platform for your digital assets. Payger enables you to store, transfer and trade multiple digital assets and is providing global payment solutions for individuals and businesses.

The Payger platform consists of four main components:

-	Payger Wallet – The browser wallet
-	Payger App – Payment merged with messenger
-	Payger API – Access to the Payger payment engine
-	Payger Payment Engine – Blockchain based payment engine

Q2 2018 marks our first product launch of the Payger Wallet, that will target early adopter SMB and enterprises. The browser-based wallet will enable them to receive, exchange and transfer digital assets like Bitcoin, Ethereum, Dash and more in a user-friendly PayPal style interface.

In comparison to most other blockchain projects, we are not an R&D project. The Payger team combines senior executives, skilled software developers and blockchain enthusiasts with years of experience in banking, payments and AI technologies. We focus on using matured technologies and build on top of established blockchain ecosystems.

It is our goal to combine the best available technologies to provide a global real-time payment network, automate payment processes, reduce friction and settlement times resulting in lower costs across the whole value chain. In conclusion, Payger intends to become one of the leading PSP for blockchain-based payments and to complement or replace today´s market leaders such as Stripe, PayPal, Saxo Payment and Ant Financial.

Visit our website at Payger.com (https://www.payger.com) and sign up for our newsletter to learn more about our other exciting products to be released in 2018!

reserved for updates

Nice background photo on the website.Other than that, good joke!

Don´t worry we are working on the website right now. Currently, our main focus is on the products itself.

Hello dev!
Your idea looks really good. Today we have a hard working blockchain currency operation. We spend a lot of time to send your token or cryptocurrency. If you can made usefull, fast platform and centralized platform, it will be leader in crypto-community!

please update your announcement soon, because I want to know more about your project, if your project is interesting and have potential for future, then I will join this project soon

i will watch it see what heppens, nice webpage baydeway

When whitepaper with detailed information about this project will be ready. Can you add some info about team members to let know who is behind this project and what is your goal for that ICO?

can I look for whitepaper if there is because I am very interested to be able to read and know the progress that will be done by this project team

It is good to see you already clarified that main focus is on wallet and website is less important at the moment. You should update opening post with these in clearly visible else people who joins later on next pages will keep asking repeatedly same thing. I like your concept and will watch how it moves ahead.

Hi auroboros,
We will keep everybody updated via our newsletters and our Facebook and Twitter page. Please follow them.


Sure bitcircle,
I am happy to share further information about our team members and our whitepaper soon.


I use the second post for latest updates and will add FAQ infos to the bottom of the post.

Kindly reserve Filipino translation to me

Sure, you're not new to this platform but can you disclose your team members so at least we can verify what you're saying here in your OP?

Hi Tippytoes,

I started with Bitcoin in 2014 and I am a long time member of the community. I am a regular at the Munich Bitcoin, Steem and Ethereum Meetups and organize my own Blockchain 4 Business meetup group in Munich. The rest of the team will be disclosed together with the launch of the website. We have around 12 people working on the project in Germany, Spain and Portugal. We are looking forward hiring more people within the next months.
We are especially looking for social media managers and business development support. Please send me an e-mail to christoph.hering@payger.com for more details. Thank you.

cheers Chris

Hi everyone! Just added Payger ICO to my website https://concourseq.io/Q/Payger. ConcourseQ is a collaborative due diligence community that researches and reviews ICOs. Anyone with an account can submit information to your page, so we are reaching out to this community to get you all involved in the discussion. Thanks! PS: If you have any questions about filling in the info, feel free to ask us in our discord group: https://discord.gg/j8RBAwB

Payment + Messenger , The new progress I never seen before - so interested me.

Payger is not Blockpay.

Provide us with accounting for the ICO funds, and do the buyback of Blockpay tokens that you agreed on in the chat.

First OpenPOS (2015), then Blockpay, now Payger.

https://bitcointalk.org/index.php?topic=1587349.0

https://bitsharestalk.org/index.php?topic=20762.0

Please do your due diligence, and take notice that the scammer Christoph Hering with his partner Ken Code already had an ICO and emptied the funds.

Let me know if your were advised to put the project on your side.

Payger != Blockpay

That means, he will have to issue a Payger token. Blockpay token holders are forced to swap into Payger, thereby potentially waiving rights and claims related to Blockpay.

This way he can effectively liquidate Blockpay, and gets away with him and Ken stealing the funds.

this is much better,gud luck to this project.ill join it maybe

How to swap the old Blockpay token? Could you please explain? Do I have to swap them or are they worthless right now? I don't get it.

OpenPOS was an early Prototype and the BlockPay App was an MVP and Payger consolidates our products. Not only combines Payger the best of our brands but also is a further development to an user-friendly payment platform that adjusts to the latest market demands and technologies. Therefore users will have a better user experience and benefit from the continuous improvement of our products. The first release will be our multi-currency web wallet.

Currently, we don’t plan further fundraising. Moreover, Ken Code is not related to any of my projects. The business relationship to Ken Code has been terminated in August 2017. All funds are used to develop Payger thus no funds are being stolen by anyone. Those accusations are simply false and not true.



The BlockPay tokens remain the same until we release further information. Our main focus is on the upcoming product release.

You should compensate Blockpay token holders for holding through this horrible shit show. What about the new team members? When will they be introduced?

Are they going to steal and disappear again with investor funds? I'm totally hurt, invest in Block pay 2 bitcoin, with this same dev and where is my Bitcoin now? Let's organize information and get in touch with the appropriate authorities, this is a case of police.

If BlockPay was MVP and Payger is extension of that, then why not continue under blockpay or give due credit to blockpay investors.
I have not invested in any of your previous projects but just talking to bring a neutral view.

Also, if you dont plan to raise fund, then how Payger will be distributed? will it be a any kind of token or will it be a coin?

Give us more details.

“It's easier to fool people than to convince them that they have been fooled.” ― Mark Twain

Payger seems to be some kind of personal payment system where there is already an abundance on the market. Same with pagers, there are countless apps.

Blockpay was for merchant integration. Most of all, it was advertised as a project with worldwide marketing efforts targeting in particular the Latin American market.

Payger would have nothing to do with the concept of Blockpay. It is the same scam scheme Ken Code practices, he never finishes projects and moves on to the next fraud.

Don't forget, Christoph Hering does not provide accounting for the ICO funds. He weasels out of his responsability since months.

"seeing is believing"

Below the BTC address for the ICO funds. Already fully emptied more than 8 months ago (except for 1BTC) through a liquidation pattern. He never said what happened with the other accounts, like ETH for instance. He even did not tell anyone else within the Blockpay team about what happened with those funds.

https://www.blocktrail.com/BTC/address/37jDFfS9WJEPL33YivJbnjfQQNU5RjFWFY/transactions

Now he redirects Blockpay.ch to Payger.com. The ICO funds can still be found at:

https://web.archive.org/web/20170716010329/https://blockpay.ch/newsroom/investor-relations/blockpay-reserves/

Do those sentences make any sense??

Where are the funds? We are talking about the pre-ICO Blockpay funds. What were they spent for? Accounting needs to be provided for each expenditure and account movement.

Just a comment on how he typically responds: He knows exactly that further down the line the Blockpay token is going to be changed into a Payger token, that's common sense. He intentionally lacks accuracy in his replies and weasels out referring to some fictitious "we". He tells shit when he is confronted with critical questions. There is a litany of misrepresentation, phony announcements, false statements and outright lies from him.

Nothing has been stolen and I haven’t disappeared either therefore your accusations to try to defame me is a case for the police.


We are focusing on releasing our new product, therefore, your sentences don’t make sense at all. There is no fraud in launching a new web wallet that users will benefit from. If you would follow the ICO space better you would know that many projects rebranded their project to better fit into the market. Just a few examples are Antshares changed to NEO, Airbitz changed to Edge and many more. That is nothing unusual and normal for Blockchain companies and Startups in general.


Hi cryptopathshala,
Thank you for your question. In the past, we managed multiple brands and struggled with a clear messaging and vision in our marketing efforts. For example, we had Twitter, Facebook, Youtube, Steemit, etc. accounts for each brand. The three brands have been growing organically since our project started in 2015. To improve our communication with our community, business prospects, clients and investors we decided to consolidate all our brands (BlockPay, Echo, BitShares Munich) into one - Payger.

Today Payger unites all our products and services under one brand with one clear message. Our vision is to accelerate the transition to the blockchain based digital economy. That means we combine the best features + designs and implemented the best technologies to develop the Payger platform. Payger enables you to store, transfer and trade multiple digital assets and is providing global payment solutions for individuals and businesses. You keep control of your private keys!

The Payger platform consists of four main components:
-    Payger Wallet – The browser wallet
-    Payger App – Payment merged with messenger
-    Payger API – Access to the Payger payment engine (POS)
-    Payger Payment Engine – Blockchain based payment engine

The Payger platform is built for all of our valued supporters who support us since 2015. Delivering the Payger platform is my personal mission. I am building exactly what I announced in our pre-ico to the BlockPay token holders, our valued supporters and to the whole community.

- Pager App - A social messenger that enables you to send multiple cryptocurrencies in a p2p network. The Payger App combines the best of two worlds. You can send your coins at the speed of a text, 3 seconds around the world.
- Payger Wallet, Payger API - A coin-agnostic point of sales system that enables merchants and other business to accept cryptocurrencies. Many early bitcoin adopters like Stripe, Microsoft and others stopped accepting bitcoin due to the high fees and slow transactions times. This is bad for all of us! I think it's time to introduce the market to new currencies like Dash, Litecoin or Bitcoin Lightning. Payger is building the tools every merchant will need in this new digital economy.

All questions regarding Payger tokens distribution will be answered in the next weeks. Until then all token stay the same.

I'm happy to answer more of your questions and constructive feedback. We will keep everybody updated via our newsletters and our Facebook and Twitter page. Please follow us at www.payger.com

You basically confirm what I actually wrote. It is a new "product", different from the announcements for Blockpay and its pre-ICO.

A fraud is not launching a web wallet (again, Blockpay was a different concept) and whether users(sic!) will benefit from it. The fraud in effect for Blockpay token holders is the conveyance of the pre-ICO funds out of the escrow accounts without providing accountability, all within the context of the affairs of Bitshares Munich IVS (scam activities). Payger is no rebranding of something in existence.

Again, you are weaseling out. All the buzz about Payger bears no relevance for your ongoing and past responsibility for the Blockpay pre-ICO funds.


Get the context retard and notorious liar. Check the facts below https://bitcointalk.org/index.php?topic=2804399.msg28932613#msg28932613.

You took the funds out of escrow into your sole possession, and you did disappear.

Without a straight answer to what happened to Blockpay funds the idea that Payger is anything but dead in the water is a joke. Sorry, not even the full fledged morons of crypto today are gonna throw funds at a new project when the previous project by the same lead was what looks like a total scam. You claimed the funds were under multi-signature control and no you can't or won't even disclose what happened and took down website and made twitter private. 

Well, great to see you answering all question with great details.

Now, I see a benefit if you combine all your previous projects into payger, which will increase your payger community strength from day one and take out negativity from other projects. If you feel payger will be much more valuable, you can decrease swap rate from 1:1 to something less, may be different for each previous project. That will only benefit payger.

People may be happy to take a swap for this new exciting project.

It will be mutual benefit for everyone to consolidate and apply full force on one project.

You can float the proposal in your previous projects to check what they want, so that they will not have complains later.

Disclaimer: We do not hold any of the related coins/token, Just proposing fair way which we feel. Might invest in Payger based upon further details.

He made the run with the funds last year. His rogue lawyer dad http://hering-law.de/english/wolfgang_hering.html would have advised him to not talk about the subject matter.

Here are some bits of what we know:

About 9 months ago he had said there were 540BTC left (according to the other scammer Ken Code) https://steemit.com/news/@kencode/chris4210-where-are-you .

Shortly thereafter he was hiding away from Blockpay and not paying anything, for instance leaving the office in Mexico on unpaid invoices https://soundcloud.com/beyond-bitcoin-hangouts/bitshares-open-source-hangout-25-2017-06-16#t=34:07 , https://steemit.com/chriswhereareyou/@angievillarreal/where-is-the-loyalty-in-the-world/

With this announcement https://web.archive.org/web/20170922155300/https://blockpay.ch/general/blockpay-status-update/ he took over Bitshares Munich IVS as sole shareholder, distributing the funds between him and Ken. Note how Ken Code who shortly before pretended wanting to continue Blockpay and its product development got out with his BTS share of the pre-ICO funds.

Here he said there are 110BTC in cold storage (inconcise response)

https://bitcointalk.org/index.php?topic=1587349.msg22855684;topicseen#msg22855684

That accounts to a discrepancy of 430BTC.

There are countless more contradictions and red flags all over....

It was not a good idea to start a new project without making frustrated pre ico investors happy.

You should never underestimate the power of a community. If you want to build a community, you should establish trust. Just sayin.

The exit scam in the making. As already predicted, he attempts to liquidate Bitshares Munich IVS. That is a legal step he needs to do in order to finalize the stealing of the funds.

@inrage who is “we”? I do not remember that you participated in the pre-ico yourself. Do you mind to identify yourself?
Why do you not share your txid and bts-account name with us to prove that you did, in fact, buy BlockPay tokens in the pre-ico in 2016? I would be more than happy to confirm, from our side, that you are a valued supporter once you have proven that you bought tokens.

If you did not buy any BlockPay tokens, what is your current motivation for the false and slanderous comments you are posting here?

I do give you credit that you contradict your own claims. First, you ask where the funds are, then you post a link to my posts where I give a detailed breakdown of all corporate funds. They are in bright public and everybody who has any experience in crypto can see them. You seem to be very new in crypto, otherwise, why would you ask?

In comparison to 90% of all other crypto companies (more than 3,000 companies who did an ico), the Payger funds are publicly known and traceable by everyone. If you are really a BlockPay token holder you would know that, right?

Further, I would like to invite you personally to visit us in our office in Munich, Germany so that I can answer all your questions directly in person.




We will send out our next developer newsletter next Monday, February 5th.

Different from Christoph Colin Hering I did not refer to myself as "we".

Has anyone ever seen a CEO of a stock corporation asking for identification of shareholders by name and account numbers? Note that there even is a difference in that in most jurisdictions the CEO must provide a bunch of personal and other information that a shareholder has privacy rights on.

Create a context why you want my identification? Do you want to intimidate me with withholding my stake? Do you think that would make me silent? Do you think that if stake holders do not give their identification you are not obliged to do proper disclosure?

I do not want to be evasive. Being a pre-ico participant who never sold his significant stake I had a user account in Discord early on, participating in communication with you. Through that I could substantiate beyond doubt that I have a stake holder relationship with Blockpay. As we know, you closed down the social media channels for Blockpay and disrupted the communication with the community. And yes, if there is any relevance, I have a lot to do with crypto and project development. I am not new to crypto either.

If you want to settle with me as stake holder, to start with, I would accept a loss of 50% on the pre-ico portfolio for business costs in return for a pro-rata payout in tokens. The undisclosed financials can make negotiations difficult though for a lower figure. Of course, I would do this in due course by interchange through counsels, and then you have my id and account details. However, I do not accept that you have legal representation by your dad. You need to get a counsel that is not conflicted.

You provided a post to unaudited holdings that is totally worthless. There are not even addresses provided. You did not object the observation of the discrepancy of 430BTC. Several BTC addresses can be found elsewhere in a comment on a Steemit post. Going through that addresses, the numbers do not match up, and more so, there are particular red flags. You never responded on the whereabouts of the 3406ETH from the pre-ico https://web.archive.org/web/20170716010329/https://blockpay.ch/newsroom/investor-relations/blockpay-reserves/ . May I ask you in your capacity as CFO, what accounting standards did you follow for Bitshares Munich IVS? Why were the funds moved out of the declared escrow accounts? Do you claim that in the capacity as CEO of a crypto token project you provided due information to stake holders? Do you think others are responsible for your problems/public image and not yourself?

Where are the Payger(sic!) funds? You never disclosed anything about the corporate structure of Payger.

I am not located in Germany or even Europe, so I cannot easily come to your office. As said, I would settle the case through lawyers, if that is what you want.

What is the point with your development updates? Announcements of that kind were already made last September. You did not introduce the developers as you had said you would do. The wireframes are embarrassing as update. Either there are no developers, or you cannot name them because any product in development or existence is external to Payger, and what is going on is most probably a grave misrepresentation of what you present as a re-branding of Blockpay.

Most important, what is going on has all indication of an exit scam in relation to the corporate affairs of Bithares Munich,   your countless misconduct, and apparent various fraudulent acts. Even if some Payger "product" is rolled out, with nothing else it is a scam because there is no indication for any credible business/planned economical activity that is utilizing it. As already pointed out, your newsletters are red flags, and as with everything you did so far lack professionalism, to say the least.
 

Now comes a distracting fake from someone with a first post for the purpose of guiding into a certain direction.

So we get implied that ICO crowd funding does not matter. Christoph as sole shareholder can go with the assets of Bitshares Munich/Blockpay pre-ICO, stakeholders should get fooled with some rented apps that get a Payger logo, no business activities that would acquire turnover for the Payger stuff. That's exactly the exit scam that I predicted.

I have also bought 10 BTC of BlockPay tokens after the pre ico. How will token holders be compensated for sitting in a 90% loss after you took down the BlockPay website and started a new project?

payger is a trademark application by Echo Industries GmbH

https://euipo.europa.eu/eSearch/#details/trademarks/017707142

He redirects Blockpay.ch and www.bitshares-munich.de on Payger.com. All funds minus the ones that already disappeared (details about his stealing are coming soon...) he said "are with the company", which would be Bitshares Munich IVS. He said it is a rebranding, that it is consolidation of brands etc.

That's how he is scamming through talking with forked tongue with a view to liquidating Bitshares Munich IVS and take the assets out, and have payger as legally different entity.

Hi Drokzid,
good to see you again. The token holders will receive the announced products and services.
* The coin agnostic point of sale platform: Payger Wallet and Payger API
* The social messenger + payment: Payger App

I will release more detailed information about the Payger platform together with the new website. As mentioned before, we consolidated our old three brands into one - Payger.

Moreover, I want to make it clear that Ken Code is not related to any of my current projects. The business relationship to Ken Code has been terminated in August 2017. This has been announced via e-mail and on our website in August 2017. While Ken Code is working on the BitShares stealth transfer, I continue to work on the point of sale and the payment messenger.

that's a fraud... you steal the remaining assets and give a not binding promise.

Payger is a different token, what token do you mean?

Blockpay had the ambassador/marketing program, which was the essential business concept and taker of funding.

pie777 is a fake, his comments are about distraction.

Blockpay did not work, it was a scam from the beginning, assets were stolen and it is defacto terminated.

Payger is a different entity and a different token. It is not a rebranding, renaming, any kind of continuation, or has the characteristics of a crypto project.

All recent acts by Christoph Hering are a scam in the making. It is a fraud where he steals remaining assets and tries to get out of responsibility and liability for Blockpay.

pie777 is a fake, that's my opinion.

This was already in the Blockpay thread, and left unanswered.

He said in https://bitcointalk.org/index.php?topic=1587349.msg22075747#msg22075747

Quote from: Drokzid on September 01, 2017, 07:07:06 PM

    Will there ever be a chat room on slack or telegram to interact with the community?

Yes, there will be a new community chat room for additional updates.

Quote from: Drokzid on September 01, 2017, 07:07:06 PM

    Is there active development going on?

Of course. A new team with a very professional development team is working on our products. We are currently working on the redesign of the BlockPay UI and the Smartcoins Wallet. The last two weeks I worked with our designers on the Wireframes and improved the onboarding process as well as the usability of the apps.

Quote from: Drokzid on September 01, 2017, 07:07:06 PM

    Could you please present the whole team working on the BlockPay product?

We are going to introduce the team members to you one by one in the next weeks.

He was talking about a redesign of the Smartcoins Wallet (what Ken Code developed) and work on the usability of the apps. Later he described Payger as a kind of (new) pager app.

He did not introduce the team members in the next weeks.

His development stories are scam.

There isn't much left from the assets that came from the pre-ICO. The company that holds the Payger trademark has 25k EUR.

He should have done the buyback based on transparent accounting. It would have been the best solution. Those who are not supportive anymore of the project had gone, and only those who want Payger and a certain CEO had stayed. Remaining token holders could profit from a higher relative stake, which would pay off in case of success. Why all this did not happen only leads to a conclusion of scam.

All the buzz about Payger and Bitshares as currency is for distraction. Behind the curtain they did backdoor dealing, potential business clients for Blockpay were acquired by Freednex or the like.

We can only guess why pie777 is doing a job for Christoph Hering.

A core problem is the corporate lawyer for Blockpay/Bitshares Munich. Imagine what a honest corporate lawyer acting in the interest of stake holders would have done if he had detected stealing/conversion from the CEO. But what if the CEO is his son, and the family interests are filling the coffers with the funds from the ICO and backdoor dealing for clients??

There is a new category of crime, not only that crypto can do money laundering, but also that the kind of decentralized ICO funded projects can be utilized for traditional corporate fraud. The money trail tells it all. The Herings set a precedence.

A reminder, this is on the first page https://bitcointalk.org/index.php?topic=2804399.msg28694745#msg28694745

Here is how he responds on the question to disclose the team members. He is evasive and tells shit, same shit show he is doing since the beginning of Blockpay.

Could you explain in detail how the old Blockpay token will be integrated into the new project? You can not let it die and move forward without compensating the pre ico investors.

Please visit https://steemit.com/@payger and upvote sunbear.

Here is more information about Blockpay https://busy.org/@stevepaterson/the-face-of-the-bitshares-foundation-ico-crowd-magazine-manager-annemieke-dirkes-threatens-to-blackmail-business-partners

There is various grave misconduct by Christoph Hering. He caused a damage of EUR 2-3m to Blockpay token holders. He had to do a self-indictment at the tax authorities for the pre-ICO funds he has transferred on his private accounts (theft). He paid ridiculous sums to advertising agencies for desperately trying to polish up his public image. As was reported, he has a new lavish lifestyle. All that comes from the pre-ICO funds.

Backdoor dealing occurred, where business clients for Blockpay were acquired by other internals. Note, Payger has no dedicated business/revenue model, different from Blockpay with its marketing program and office in Mexico.

Payger has no characteristics of a crypto project/decentralisation. The trademark and software (apparently not open source) would effectively be owned by Christoph Hering. After the token swap scam he can pull the plug at will on any (theoretical and undefined) revenue share promised for the Payger tokens. As others found out independently, Christoph Hering is unworthy as a businessman. He used to stab out his business partners, as is reported and documented.

All this happens with the help from his dad http://www.hering-law.de/english/wolfgang_hering.html who is the corporate lawyer for Blockpay/Bitshares Munich. The interests of the Herings are not aligned with Blockpay token holders. They converse the pre-ICO funds and cover up the theft by Christoph.

Any settlement through a buyback for Blockpay tokens is very much desirable as alternative to Payger. However, it can only be done based on transparent accounting, and without paying the damage caused by Christoph Hering out of the pockets of Blockpay token holders. Furthermore, it is only possible with legal representation by an unconflicted counsel on side of Blockpay/Bitshares Munich.

Full transparency at the right time!

Another lie from Christoph Hering

https://bitsharestalk.org/index.php/topic,24088.msg305955.html#msg305955

I took part in the Blockpay ICO and would happily see my investment be a complete loss over contributing to any financial gain for the cunts that destroyed the project. Protip, detail a compensation plan now or I'll personally make sure your future projects fail. Every single one. Guaranteed. And just trust me, I can make sure it happens.

Seems that the Herings try to divulge a certain hype about Payger through the fake profile pie777. Appetizing for Bitshares + Payger in the Apple store based on fantasy that this would be a "killer app" only shows how stupid/naive/incompetent they are, and/or outright deceptive. Christoph Hering likes to hold seminars for noobs as "Bitshares Celebrity", he seems to have some personality disorder and pervert desire for scamming. Same for Ken Code. http://www.mcafee.cc/Bin/sb.html

Anyone who believes that the Payger crap could be a viable project is totally fooled. There are dozens of high profile projects that target the use case of Payger, or provide some of the required infrastructure. Omisego, TenX and Ripple would be some of the real big players with world class developers and management. Blockpay could have worked though in building up a brand and targeting some markets, whereas Payger is dead on arrival.

The only way for Blockpay/Bitshares Munich is a transparent liquidation, where token holders get paid out their share out of the assets. In addition, the scammers Ken Code and the Herings need to be brought to justice and sued for their misconduct and theft. Everyone concerned should do its best to get them out of the Bitshares community.

Is there any bounty campaign for Payger? I am interested in promoting it via Social Media and Telegram or I might change my signature for Payger if there is a signature campaign. More Power to this Interesting project!

Kindly reserve Filipino translation to me,thanks guys ;)

We do have a case, actually this is a bunch of violation of existing law. It is a fraud, an illegal investment scheme, misconduct, conversion and much more.

We also need to bring this case to the attention of the Bitshares foundation and the community. Is this how ICOs should be conducted on the Bitshares platform? Should the project founders be allowed to transfer the funds on their own accounts and take the project into their sole possession under a limited company wrapper, and not holding the funds under a stock corporation or foundation having token holders as effective owners of the business/project as is the case with legitimate crypto projects?

We need to get answers from the Bitshares foundation and Openledger etc. on these issues.

In case of Blockpay, what the Herings are doing was never consented by the pre-sale ICO investors. They abuse the law, let's see how far they can get with that. As said before,the money trail tells it all. The pre-ICO investors were ripped off, with their funds being conversed through various laundering steps into entities and accounts with the Herings as beneficial owners.

pie777 is a fake, he acts on behalf of the Herings. They don't even dare to make official statements on their own behalf.

What is going on is a fraud. It is well documented that Christoph Hering neglected his role as Blockpay CEO and CFO, all he does and did is stealing the pre-ICO funds.

pie777 is a fake, that's obvious. What gives him legitimacy/authorization to make proposals on issues that the Herings need to respond on? Why is he doing that based on what motivation?

It doesn't matter what point of view pi777 has himself. If he is legitimate he could make a cause that the Herings should provide answers on the subject matters related to ownership and transparency issues that were brought forward.

How can I partecipate to bounty campaign

There isn't any running bounty campaign. As far as I know it is not clear how the Payger tokens will be distributed.

Seems like there is a lot of pain from old Blockpay pre ico investors which is necessary to clarify.

It's less about evidence (in regard to the overall conduct) than getting the issues assessed.

Concerning Ken Code, he is a scammer with a search warrant. His activities/"development" on Blockpay is another fraud of this category.

Concerning Christoph Hering, he has conversed the funds and brought them under his sole control on accounts or entities owned by him.

Blockpay being continued by whoever is not an issue that has emerged.

the project looks very interesting and promising.
creating a financial platform with secure and fast transactions is necessary and convenient.
when will mobile applications be planned?

Please don't post any misleading/false announcements.

That individual certainly has nothing to do with Hering-payger.

https://appadvice.com/app/payger/1254959745

Again, why is pie777 appetizing payger all the time??

There were a number of inquiries about a bounty program. Why isn't Christoph Hering responding on this?

He made an announcement for a product causing overreaching hype to some ICO seekers. Yet nothing is backed up. Even if it were not a scam (in some sense), his unprofessionalism in handling tasks is horrible. This is not new to all those who have followed the Blockpay shit show. Christoph Hering is not coming back on the things he had announced. He simply cannot manage a project due to a total lack of capability.

let the shitshow continue  :-X

https://steemit.com/bitshares/@stevepaterson/payger-scam-christoph-hering-scammer

It's UN FUCKING BELIEVABLE that this guy has the balls to come with yet another scammy project to this community!! And blatantly showing his face and everything! I mean, if he had a little bit of intelligence left he would at least hire another person to be the public face for his new scam.

If anyone is seriously considering giving this dude a single satoshi then I just have a couple of wisdom pieces for you:

1- "A fool and his money are soon parted"

2- "Fool me once, shame on you. Fool me twice, shame on me"

Anyways, it's your money, but you've been warned.

And Chris, don't come asking me to reveal my identity, you have what would amount to 5 fucking million dollars (from stolen funds) by now and your father is a lawyer, so it would not by any means be wise for me to reveal my identity. People just don't go out of their way to slander honest entrepreneurs like that. And besides that, you have a proven track record of defrauding countless investors with your previous BlockPay scam.

So why would the finanzamt (tax authority) be the one in Neubrandenburg? Bitshares Munich and the Herings have/had their domicile in Munich.

It is worth it reading https://steemit.com/payger/@payger/ann-payger-payment-messenger#comments . There he says "... Also, I never opened a business in Mexico. A former business partner had the intention to open a business in Mexico but failed to provide correct contracts, invoices, financial plans or documents.". As a matter of fact the Blockpay office in Mexico existed, and Christoph Hering was directly involved in opening it https://drive.google.com/file/d/1QNoiAYPRu3iG25Dm8rWPUrb-1oOFdc8-/view .

He is a notorious liar, over and over again.

https://ibin.co/3sGXs4vTH2bx.jpg

This is going to be an absolute heaven for all kinds of shady businesses!

https://twitter.com/PaygerHQ/status/964095333058908160

He is using the credentials of another person for his purposes. A warning was sent out...

What a shady profile https://bitcointalk.org/index.php?action=profile;u=1853826;sa=showPosts

Where is pie777?  ;D

Thanks Rodrigo! All those who followed the Blockpay fiasco know that you were always honest and hard working. I am sure nobody ever said a bad word about you.

I hope to be able to join ongoing legal action. I have significant funding for that.

Well i'm a bagholder of Blockpay and OPENPOS as well, nobody has addressed the concerns about blockpay but Chris and Ken are already promoting new projects how is that possible?   ??? ???

How would pie777 know if there is any investigation or not? The authorities have them undisclosed, initial reviews take a lot of time, and until they are brought forward to the prosecutor can take years. This is in particular the case for fraud and unprecedented cases like ICOs. Even the people filing the charges do not get informed about details of the investigation.

Christoph Hering is totally untrustworthy. As with any scam, look for the money trail. What more to say.

Hering is CEO of Echo Industries, which just re-registered as a GmbH (German form of LLC)

NAME
Echo Industries GmbH
vormals: Echo Industries UG

HANDELSREGISTER
Amtsgericht München HRB 225851

ADRESSE
Lipowskystr. 10 b, D-81373 München
vormals: Lindwurmstr. 65, D-80337 München

GEGENSTAND
Software Entwicklung, Entwicklung verschiedener Unterhaltungs- & Chat Programme für mobile Endgeräte und Webbrowser, sowie deren Vertrieb weltweit; ausgenommen sind solche Aktivitäten, Handlungen oder Geschäfte, die als Unternehmensgegenstand einer staatlichen Genehmigung oder Erlaubnis bedürfen.

Name: Echo Industries GmbH
Anschrift: Lipowskystr. 10 b
Geschäftsführer Christoph Hering
Kapital: €25.000

https://www.northdata.de/Echo+Industries+GmbH,+München/HRB+225851

And he's hanging out on Meetup a lot, luring in more unsuspecting suckers in Munich
https://www.meetup.com/Blockchain-MasterMind/

Hering is personally liable for the whole mess and all damages, everything that happened on behalf of Echo Industries.
It's been a UG before re-registering as a GmbH in Germany, which means the former owners are 100% liable for every business transaction that occurred before they turned it into a LLC.

Are there legal proceedings brought up against him, and if so, under which file number at the prosecutor?

Fraud is very punishable in Germany, especially in Bavaria, they usually don't fuck around very long, if in doubt they just lock the perpetrators up in prison. And fraudsters have a very bad standing in prison, ranking right after pedophiles.

This gets ever more rat hole like here, the address of the lawyer mentioned, is right across the street from Echo Industries new business address. Could even be the same building. Whats going on here?

https://www.google.de/maps/place/Radlkoferstraße+2,+81373+München
 (https://www.google.de/maps/place/Radlkoferstraße+2,+81373+München)
And then there was a thread on a German forum, which was just 5 hours old and got deleted immediately, but is still in Google cache
https://webcache.googleusercontent.com/search?q=cache:YKumY9V0EMQJ:https://coinforum.de/topic/12530-christoph-hering-ceo-of-echo-industries-gmbh/+&cd=5&hl=en&ct=clnk&gl=de&client=safari (https://webcache.googleusercontent.com/search?q=cache:YKumY9V0EMQJ:https://coinforum.de/topic/12530-christoph-hering-ceo-of-echo-industries-gmbh/+&cd=5&hl=en&ct=clnk&gl=de&client=safari)

There would at least be a file number from the police department working on the case.
If anybody has a file number for the case and the police department in charge, please post it.

There was a deadline for 8. January mentioned in the deleted forum post, still available in Google cache, from correspondence sent by the lawyer, looks pretty legit :

UFO and google translate reserved for free!  ;D Its joke

This is a scam. Where is blockpay or many? We going to the police...

First of all, this is a shit show. Christoph does not dare to correspond directly. pie777 is a fake, that was obvious from the beginning.

Clearly there is a fraud going on. The financials do not match up, there is an unexplained deficiency of 430BTC. Also, nothing is disclosed about the 3406ETH.

It was clear with the announcement of Payger that it is about conversing the pre-ICO funds, and not a simple rebranding for which the purpose was stated.

Christoph and his lawyer dad are committing an exit scam where they try to get away with stealing a large proportion of the pre-ICO funds.

There is no way that most of the raised funds were spent for development purposes in 2016 and 2017. It is a blatant lie. Funds were given to the scammer Ken Code. Christoph Hering: Show us the invoices for the money that was allegedly paid to the individual programmers under contract.

I have an update for you. Return original ICO funds or get sued and jailed.

That announcement constitutes a fraud. Giving a promise for payout on fictitious income, whereas it was previously stated that funds from the pre-ico will be entirely spent for "development". Not to say that those funds were already stolen by Christoph Hering and Ken Code.

what a shitshow.
You cant get away with this type of junk , can you ?

Seems like that, yes. :( I have also invested into the Blockpay ICO and am very disappointed how the project developed.

 very interested to be able to read and know the progress that will  done by this project .i like the concept and watch how it moves ahead of this project ;D
 





























.

It's a scam.

Here is what was said about the ICO price for the second round:

Phase4:   2nd ICO   @ 0.000500 BTC tokens/each   Initial Price

If the set price is applied it cannot work, and if a different price is set it is yet another fraud. Besides that nobody is going to invest in an ICO by Christoph Hering, a fraudster, liar and total idiot with a proven track record of perfect unprofessionalism.

Christoph Hering: You should have done the buyback option that you agreed on, it was the only way to resolve the situation for you. But it did not happen because you stole the pre-ICO funds together with Ken Code. All the shitshow you are doing together with your criminal lawyer dad is intended for distraction from those facts. Yet another phony announcement through your fake profile pie777.

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This will help people in finding what people think about your Coin.

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How comes that all the Hering fanboys have shitty profiles https://bitcointalk.org/index.php?action=profile;u=1892629;sa=showPosts;start=0

Christoph Hering was already rated at Bitshares, all reputable community members kicked his ass.

It's going to be a wonderful project and we are keeping our hope on it

pie777, you deleted some of your former messages.
Why, fearing legal trouble after all?
Whats the point of re-posting these worthless statements?
Nothing has ever materialised, going on for 2 years now, empty promises, lies over lies over lies.
Scammers gonna scam. Its just too obvious you are just a sockpuppet.

Lies, phony announcements, misrepresentation, the neverending shitshow...

Christoph Hering and his lawyer dad Dr. Wolfgang Hering are criminals. They somehow think that legal trickery and endless delays is working out for them. So now we hear that after Payger is going to be started some unspecified buyback is taking place. Previously it was said that all Blockpay funds were or are spent for "development" upon launching Payger. 440BTC are unaccounted and have disappeared, in addition significant amounts were given to Ken Code.

It is not a rebranding, it is a fraud.

To me it seems that pie777 is someone from the agency in Hamburg that Christoph Hering paid with Blockpay funds to improve his image.

These acts are criminal as well, it is an active participation in a fraud where they benefit/steal from Blockpay investors.

It remains suspect to me why Christoph Hering is relaying his messages through pie777. He is communicating (or not) with a view to defend his self-focused business conduct against Blockpay investors whereby he refuses any kind of transparency. I can't imagine that a legit Blockpay token holder would behave like pie777.

Generally websites are main source of information about project but there is nothing except newsletter subscription for updates. That I have done but what else can be used to know more ? In introduction you get just idea about concept but that isn't sufficient. How alpha testing is going on which was planned for Q1 of this year ?

this is enough to make the investors anxious, because there is no information and updates that they do in the website
they should be able to quickly clarify this so we can find out the alpha test

The Herings are con artists.

There is nothing in existence, it is about hot air. Whatever is going to be spent on Payger is only a small fraction of what was taken from Blockpay ICO investors.

They diverted  the money into their own pockets. Christoph Hering is burning the funds for his lavish lifestyle https://twitter.com/HeringChristoph/media declaring it as activity for Payger, while the scumbag Dr. Wolfgang Hering is cashing in EUR500 per hour for advising his disgusting son Christoph on the legal requirements for the scam.

The money trail tells it all. The funds are in their pockets, with a significant part given to Ken Code in order that they could liquidiate Bitshares Munich IVS.

https://ibin.co/w800/3xG1o4oyYaKw.jpg

The first couple of pages were good))) then we have a fight in the thread) i thought it could of been a good project and a good idea to combine a messenger and a pay platform..... but its a scam...

The money trail tells it all. The money is gone, and the Herings refuse accountability for spendings.

Christoph Hering was even dumping his own Blockpay, or trying to do, on which Blockpay trading was suspended on Openledger.

That's his attitude and character, while he is driving around in a Porsche and/or some other idiotic car paid with investors money.

It's an exit scam. Blockpay is defunct with the assets stolen by Christoph Hering and Ken Code.

https://www.investopedia.com/tech/whats-cryptocurrency-exit-scam-how-spot-one/

Payger is a different entity: a different token and a different project with no funds.

It would be interesting to know how/why pie777 always relays statements that are not from himself. Needless to say that Christoph Hering never provided any meaningful information about the tokens since they were incepted based on fraudulent claims and misrepresentation. I had posted enough details about that. Ken Code is a scammer, and the effect of it was the non-existing Blockpay software as a whole. No PoS, no Stealth, no finished wallet, no API, nothing. Yet Christoph Hering took all funds out of the fraudulently declared escrow, conversed them and declared that only 110BTC were left at some point of time (even that was a wrong figure). The Herings effectively distributed the funds between themselves and Ken Code, that's a recognized scenario of an exit scam. There is no convincing reason for the declared so called rebranding (criminal misrepresentation) of Blockpay, Payger made the situation even worse. Now we hear something that the Payger token will be converted from Blockpay somewhere in the future on unknown terms. Without going into further details, that's an unbinding promise, and thereby in effect a fraud. How can the Herings claim they did anything that was consented, or even remotely announced before the pre-ICO? It is an investment scam, investors are treated as donors for gifts to the Herings and Ken Code, with absolutely no relation of development costs and stated purpose with the actual spending of the funds. Ken Code is a serial fraudster with a search warrant who scammed at Blockpay, Christoph Hering is co-beneficiary and complice of that fraud.  

FUD is what pie777 is doing, because it represents the factual position of the Herings while they are absent.

Not being present and neglecting due duties that come with the responsibility of exercising the role of investment takers and executives of corporate entities (including the entity Blockpay that was founded by them as a cryptocurrency project with certain binding rules) is what pie777 should be concerned about. So called development newsletters with no verifiable information are not a substitute for investors rights on disclosure of the financials and true corporate affairs of the actual entities they have invested in.

Dr. Wolfgang Hering is a scumbag, he is corporate council of the Bitshares Foundation. This criminal was directing the measures that led to the current situation. He is rigging Bitshares as a platform by creating a precedent for ripping off investors and filling the pockets of scammers, in particular those of his son. They could have ended the project when it failed and when they became fully aware of the development scam, instead they abused the situation and stole the funds.

It couldn't have worked out for them if they had founded a conventional corporation in stocks. A cryptocurrency project is not an exception under the law, in particular in Germany where they are located.

The scumbag Dr. Wolfgang Hering drafted an invalid contract for handing over the shares from Rodrigo Crespo, explicitly circumventing a paragraph of the civil law in Germany. It is one of the deliberate fraudulent acts in the process of stealing investors funds by means of laundering steps.

This thread will be closed as we are giving latest updates about Payger on our other channels. We made great progress with the development of Payger Wallet. We will announce more news soon via our social media channels and our newsletter. You can find the latest updates on our

Website: https://payger.com/

Medium blog: https://medium.com/@PaygerHQ

Facebook Fanpage: https://www.facebook.com/PaygerHQ

Twitter Account: https://twitter.com/paygerhq


Looking forward to staying in touch with all of you!