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Lending bitcoins seems pretty dumb to me. Whenever you give coins to someone else you allow them to fuck you over if (when?) the price changes in their favor.
If you still want to do it, make sure you are lending to someone who has a method to earn bitcoins (that isn't mining), regardless of the price. If they just need cash, they can screw you on a price change. If the price drops, they can pay you back faster, giving you less interest and also bitcoins that are worth less. If the price goes way up, they probably won't be able to pay you back and will just leave you with nothing.
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ya they just launched the Clubcoin wallet and such now (or i just noticed it).
the worst part of these scammers is there gonna walk away with 15% of the network hashpower, boughten from investors money ;(
no they aren't. Why would they waste money on miners and electricity when they can just walk away with the money people are handing them? |
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It should be sent out soon.
That's not an answer. How does your bank account being frozen cause you to not send coins? No one should believe the "soon" bs you've been spewing, so give dome sort of explanation that makes sense. |
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Someone try to send stolen money to our account and our bank frozen igot account.  So why are coin withdrawals taking so long? |
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For me personally, the most interesting thing about the forthcoming trial will be the revealing of accomplices. Cryptsy? Lot of transactions ($>BTC during the initital Ponzi, and then later BTC to $ when cashing out of the Paycoin operation.)there- and Buttercoin as well. Also, one would think that the "Friends and Family" that gave Adam Matlack ~$1,000,000 to invest with his highschool chum and BBFL , Josh Garza, will be named if the scope of the trial reaches into the later part of the GAW scheme into the Paycoin operation. Either that or perhaps it will be confirmed once and for all that he was and most likely is still in collusion with Garza on the Paycoin fraud operation.
I have a feeling that million is sitting right next to the 8 million gaw used to "buy" zencloud in garza's imagination. |
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"Instead, GAW Miners determined what the daily payout from ZenPool would be by examining the publicly-available payouts of other pools that were mining that day, and picking a higher number."
The plain English explanation of that cracks me up.
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LOL, Shinners is in there spewing bullshit about his GAWsuit, what a fucking liar. PERFECT! So Shinners is implying that he knows where offshore accounts are located -- coin that the SEC does not know about -- and he's going after that? LMFAO Shinners is going to withhold info from the SEC? Riiiiiiiiiiiiiiiiiiiiiiight. He was one of SEC's first witnesses, before going full Ponzi with the old GAW Gang. I still can't figure out WTF he is doing. Does he think Ganza will just hand over that money after he "loses" the suit? Especially since they actually haven't started anything, wherever Ganza's money is, how do they think they will get money before the SEC and at least the electric company get their cut. Also, glad to that dumbass picture of Shinner's buddy Mordica with all the hashlets floating around, only people stupid enough to fall for this thing would also be stupid enough to buy Shinner's nonsense too. |
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binary options area scam.
stay well clear
I don't know if i am allowed to invest in binary options, it says that i need a minimum of $250 to start and i can earn x5 within 30 days. I don't know how it works but the OP here https://bitcointalk.org/index.php?topic=1272614 says that these $250 are insured and I cannot loose it, what do you think franky? I would lead towards that particular service being haram. If he could guarantee those profits via binary options he would be making himself rich instead of you, so if you get any money back from him it would be from other people which is bad. as to doing binary options on your own, that's a question for someone else. |
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100% this ^ carefully crafted con-job, leading up to this "press release" and continued to play upon throughout there after:
http://www.marketwired.com/press-release/gaw-miners-announces-plans-for-initial-coin-offering-1970991.htm"Although relatively new, cryptocurrency is shifting the economic paradigm and that is reason enough for traditional financial organizations to start taking this seriously," said co-founder and early investor, Stuart Fraser, Vice Chairman and partner, Cantor Fitzgerald, L.P. "With the marrying of innovation, technology, finance and regulation -- I believe that cryptocurrency can provide a value proposition that has never before been contemplated in global commerce and thus has the real possibility of being a viable mainstream currency accepted by the masses around the globe."I recall it being broken down the instant it was released; how it is cunningly crafted to suggest he is a co-founder and early investor in paycoin. Bolstering Homero's earlier bullshit before and after. I also recall a reporter advising he called the the company and asked about it where the secretary or some underling said the press release is as it was released or something. If anything he's an utter moron Fraser for not double checking how his words were being used and also his twitter account which at the same time was riddled with bullshit to further promote this alliance which was obviously at the time immediately recognized as either Homero or Fraser's son having the keys to the account and were the ones doing the posting. That was the end of november, this thing started way beyond that. Anyone who saw that stuff and started getting in then is dumber than a bag of rocks and would have lost their money to something else without that. they sold 19 million worth of hashlets, all that wsj stuff and paycoin was just trying to dig out of the hashlet hole and buy some more time. |
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I don't think that many people lost that much because of Fraser's involvement. That may have helped con the marks at that WSJ blog (who have a terrible track record and no retractions ever), but people who thought they could buy a $20 bill or $4* were going to lose their money to somebody eventually.
*Not actually $4, a $4 IOU from Ganza, which upon reflection probably means they are about even with the current price now.
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No...Igot is not scam service.
Just it takes time to solve the problem. Please be patient.
What possible problem could cause such delays in coin withdrawals? |
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What's going to happen here when cryptsy finally shits the bed. It looks like most of these coins have no purpose besides trading on cryptsy?
I'm sure Leroy's years of crypto experience will lead him to navigate this problem effectively.
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I'm glad to see that many more coins were dumped after the attempted pumps on Friday and today when the idiots come over here to start whatever it is they hope to accomplish.
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Writing off a 25% loss of value as a "fluctuation," with no explanation of how to make that up besides praying the price goes up is insanity. Especially since Leroy is denying/refusing to disprove the actual value.
Again, sorry for your loss. It's already happened, you just don't know it yet.
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You're right though, people do lie from time to time, even some of the most honest people will occasionally lie and sometimes not even realize it.. but I don't believe he's malicious, and has never said anything to me that caused me to raise alarm, and he would have more to lose than gain from lying to me.. and like I said earlier, I haven't had any negative interactions with him..
So let me get this straight. Someone takes (borrows) 120 BTC from "investors" and claims to have that money but at the same time blockchain proves there is only about half of it still remaining. Said someone is also putting all sorts of restrictions/delays/fees on withdrawals. The restrictions on withdrawing from the pool is primarily because of how stake coins work, stakeminers wants to mitigate the loss of revenue that destroying the staking coin maturity causes.. some coins are very liquid like NET that will stake almost like clockwork every 6 hours, or HYP where you can have a wallet full of coins and just grab the the blocks that recently staked and fire em off, but other coins like TEK have 30 days of maturity, and if someone wants to pull them 25 days in, it's an issue.. we're always working to structure the wallets so there's an even flow of coins being staked daily in all the wallets, but sometimes it's just not possible for various reasons, which I could go into detail on, but I'm sure you're already aware of, everything from market swings, to network difficulties.. but the withdraw "restrictions/delays/fees" as you put it, are clear in the terms of service ya? maybe I'm missing something, has someone had trouble getting their investment returned to them?But that's ok because all people occasionally lie? No, that's clearly not ok.. if he is showing 120 btc in investments on the ledger, there should be 120 bitcoin worth of coins purchased for the pool, the prices on those coins fluctuate all the time on all those coins, so it's never going to match up exactly, the payouts come from selling the stake from the coins in the pool.. I do have the wallet addresses, and can look into them, it's on my list of things to do.. Can you please post the whole list of cyberpinoy's occasional lies that you're ok with. I'd like to get on the same page with you because right now this conversation is getting really awkward. Random stuff that is way out on a limb is a good excuse to not ask where the fuck your coins are. If you can't read through the nonsense to figure out that Leroy doesn't have all the coins he should you aren't very bright, so let me be the first to give you a sorry for your loss, because it's coming. . How is asking if leroy has all the coins he is supposed to personally attacking him? Drop the persecution complex, wake the fuck up, realize you are getting robbed, and do the right thing and help stop others from getting robbed? |
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You're right though, people do lie from time to time, even some of the most honest people will occasionally lie and sometimes not even realize it.. but I don't believe he's malicious, and has never said anything to me that caused me to raise alarm, and he would have more to lose than gain from lying to me.. and like I said earlier, I haven't had any negative interactions with him..
So let me get this straight. Someone takes (borrows) 120 BTC from "investors" and claims to have that money but at the same time blockchain proves there is only about half of it still remaining. Said someone is also putting all sorts of restrictions/delays/fees on withdrawals. The restrictions on withdrawing from the pool is primarily because of how stake coins work, stakeminers wants to mitigate the loss of revenue that destroying the staking coin maturity causes.. some coins are very liquid like NET that will stake almost like clockwork every 6 hours, or HYP where you can have a wallet full of coins and just grab the the blocks that recently staked and fire em off, but other coins like TEK have 30 days of maturity, and if someone wants to pull them 25 days in, it's an issue.. we're always working to structure the wallets so there's an even flow of coins being staked daily in all the wallets, but sometimes it's just not possible for various reasons, which I could go into detail on, but I'm sure you're already aware of, everything from market swings, to network difficulties.. but the withdraw "restrictions/delays/fees" as you put it, are clear in the terms of service ya? maybe I'm missing something, has someone had trouble getting their investment returned to them?But that's ok because all people occasionally lie? No, that's clearly not ok.. if he is showing 120 btc in investments on the ledger, there should be 120 bitcoin worth of coins purchased for the pool, the prices on those coins fluctuate all the time on all those coins, so it's never going to match up exactly, the payouts come from selling the stake from the coins in the pool.. I do have the wallet addresses, and can look into them, it's on my list of things to do.. Can you please post the whole list of cyberpinoy's occasional lies that you're ok with. I'd like to get on the same page with you because right now this conversation is getting really awkward. Random stuff that is way out on a limb is a good excuse to not ask where the fuck your coins are. If you can't read through the nonsense to figure out that Leroy doesn't have all the coins he should you aren't very bright, so let me be the first to give you a sorry for your loss, because it's coming. |
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0O0O
Where to begin:
#1 I was taken for a ride by Garza. No longer, I am really happy and proud where I am right now - Team Paycoin are my family - they have treated me extremely well, the community are an extended part.
#2 The devs now are doing an amazing job, as I conversed earlier, watch this space.
#3 Yes, I would like to say hi to the community, in fact many of you have come back.
@favdesu - there is no need for me to make a new account?
@Paul Revere, you horrible being, yes, I have screenshots of when you posted pictures my dead birds right here on this very thread. You can be all brazen, hiding. It's ok.
Simple statements.
Above all I came here to say the Zencloud has closed and to test the waters, but they be foul, not getting away from that eh.
A Majority here just cannot stop going around in circles, this is fascinating and thought provoking too.
I have found in an interesting and altogether quite entertaining experience, and for that, again I am thankful.
Is there some sort of scumbag handbook? I feel like I've read a bunch of them accuse people of "going around in circles" when they get asked the same questions over and over again because they don't answer them. Team Paycoin is made up of the same schmucks that either took all of your money before, or were in the best position to see/call out Garza's bullshit and did nothing about it, that's a great family you have there. There is no point in "developing" anything about this shitcoin. Such a large number of coins are in the hands of scumbags or people that got ripped off by those scumbags that any actual "progress" will be erased by the ensuing dump by those scumbags or people trying to get made whole. The only thing that made paycoin different from any other coin was the $20 dollar promise by a scumbag and the huge number of scumbags involved in ripping off so many marks. The head scumbag is apparently gone, with the $20 promise. If these "devs" weren't the same scumbags as before they would start a new coin for all of their "progress," but then they wouldn't be able to do as much because they wouldn't have so many coins. |
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Please contact us At info(at)StakeMiners.com to hear actual details of the business.
Come on, don't be shy, post all that here. I think everyone wants to see the actual details, been asking for months. I have an idea. Why don't Leroy Fodor maintain a self-moderated thread to discuss his StakeMiners' Ponzi? It wouldn't be the same old shit if he would answer the questions, especially the simple ones. Forget about Bruno's rants about when Leroy started mining (even though it matters, and shouldn't be hard to disprove), Leroy has never answered how he came up with the math for that last guy's withdrawal fee, hasn't shown how the staking pool hasn't lost value despite all of the coins being staked going down in value, and refuses to use the blockchains to show exactly what the fuck he is doing. All these conversations are extremely relevant to whether or not Leroy is going to rob you and/or lose all of your coins, they should be asked over and over until they are satisfactorily answered. |
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I thank you all for listening and yeah, I have been massively bummed like many many others, I wish I had saved the chats with Garza too. What a liar he turned out to be, perpetrating to be a good honest Christian, hmmn. Still, that's where I am at. It's true I could have sold out at $14, now my coins are worth... pennies, there is still hope and a community in the beast yet.. I have read this thread from day one and just wanted to say hi, I believe in the truth and helping others, whatever the capacity. If you rise above and hide nothing then what can go wrong? We all have values and that's what makes us... us  Your hope and values can't beat out the scumbag nature of the current "leaders" and people who have been bending you over for a year now. |
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closure
This sort of closure could have been achieved months ago by simply closing the ZenCloud page and never opening it again. What is it that makes paycoiners WAIT for someone to tell them what to do - I could never understand that. Yeah true, but then what about the people (myself) included that paid upto $80 per 'immortal' hashstaker to just be left with nothing? We all bought .pngs, he ended up selling all the miners, you all know the story. The reason the devs kept everything going was to at least continue payouts whilst some sort of ongoing strategy could be put in place. The people in charge now are really trying to get this all turned around, to forget about Garza and move on, to try to give the community some sort of value, new innovations and so on, it is only the right thing to do. Ok so some ppl have been saying / complaining about what is the point et cetera of the MicroPrimes and so on so I replied a few days ago on https://www.paycointalk.org/topic/973/paycoin-v0-3-3-0-has-been-released-mandatory-update - as I said there, I think something is better than nothing and for this I am truly grateful to those involved. And no, I am not taking part in GAWsuit, why not? Because I just wanna move on. The funny thing is that many old faces have now come back, quite recently, maybe it is because of the MicroPrimes, maybe the XPYBiTS programme, earlier in this thread it says about the 'Gawtards' (bit old now) being an obsessed community, that is true but obsession comes in many flavours, a healthy obsession is a good thing, and can be beneficial too. You still don't get it. The only reason there was any value to this coin was because a liar told you he would give you $20 per coin. That never happened, the liar i now gone, and the people who were in the best position to call him out on his lies are now throwing pennies at you when you could have and should have walked away forever ago. The coin is absolutely useless, it barely works at all, never mind how it's supposed to work, and the only reason there is any value i because of liars and scumbags lied to people and manipulated the price to get you to give them money, and now his scumbag friends are doing the same again. |
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