Libra, because I am bitpop.

No one knows that guys skype, email, gtalk or phone number...........

We are in a hangout now if anyone wants to chat... ask questions... or you can use this opportunity to call us idiots/scammers/crooks or what have you through voice/video chat

https://plus.google.com/hangouts/_/xpydev.org/xpy

Here is an interesting factoid, Buck:




Did Scott Fargo manage to pull some strings with the scumbag Homero for you?

So Daffy and this Buck Rogers asshole are the same person? Interesting.

The problem with the current prime controller owners is that they own 50% of all XPY paycoin.

For the most part those millions of coins that they hole inside of the controllers were never paid for. Even without the 100% stake rate, if the coin were to rally they would all become multi millionaires.

They didn't pay for those coins, they get a massive stake rate, and if they could find a way to pump price they will reap massive rewards.
Why would someone new buy into a coin where the majority of coins are held by this small group? These millions of coins must be the premine that Josh held and then "gifted" to these disparate groups.

Plus they said some really mean and inappropriate things about paul and bitpop last night.

This is what my understanding is:

- At first they set a configuration variable to 250k so that the primary controller needed 250k in order to stake (and that was set in a config file). I have NOT looked at code to know if that is or is not how the need for 125k coins is set. But, Phil set his ganza controllers to that state when all of that stuff blew up.

- Then they decided that if they were now just wallets, they didn't need to be powered on at all, so powered them down. By that time, the XPYDevs had covered the coins needed for their hashlet thingies (still don't understand that whole thing, but they were supposed to be getting some sort of payout on hashlets?), so the XPYDev controllers and Phil's controllers were powered down (as in no electricity, physically powered down)

- Then it was brought up that the the controllers would just 'catch up' when powered up because coinage still accumulates.

- So, it was decided the coins would be moved out of the controllers and back in so that coinage would set to 0 when/if the controllers were turned back on.  I'm running the PayCON wallet and have seen that if I move coins between addresses, in PayCON at least, it sets the coinage back to 0.

Now, I don't know if they've done the coin move or not, but it seems that at least a few coins will be minted while they're moving them out of the controller. But, it shouldn't be a catch up for an entire month, 2 months, or what ever. So, to me that seems like a reasonable way to stop coin minting in the short term.

But, people have asked about accumulating coinage and they have stated a plan for it. Now, if they fire them up and go at it... well, that would be a big "We're no different than Ganza" flag that should be shoved up a few select people's butts as a permanent marker that they're total dicks.

The biggest thing I wonder about is the shuffling that you're pointing out... why the hell is that even going on.  And the jump in coins yesterday?  Where the hell did that come from?

I'd seen this floating around on reddit for a long time before I ever came here to start reading about it.  I've never bought XPY (but do hold 175 coins). I've been trying to put together a timeline of all this shit, maybe it can be an educational resource in the future to keep other people from falling for these scam artists.  But, I don't have an emotional dog in this fight beyond the fact that it's bad for BTC and crypto as a whole.

This whole fiasco might also bring a closer look at the whole idea of staking coins... for example, I can't actually print dollar bills in the US. So, why does the SEC allow staking coins that are essentially printing crypto coins? Is that really any different than what the Federal Reserve is doing?

They have open hangouts daily (not the public recorded one, these are google hangouts). The address is usually posted on their forum talk.paycoin.com and they're usually after 9pm est and run until midnight or even later. I think anyone can log into them, but I have a google account, so not entirely certain.

I've been sitting in on them and they are usually about 60% (out of the 15 possible slots) people with questions and concerns. They've been answering any questions asked.

It would be nice to hear a discussion between Paul Revere and the XPY folks about all this blockchain shuffling that he's been seeing.

One night a guy came on that was entirely pro-Garza and making a lot of claims and accusations... they worked through all of that stuff... he was very big on the badbitcoin ViK person... not sure if he was pro-ViK or anti-ViK or what, but there was a lot of discussion about that personality for a while...

I have NO bandwidth, so I'm always on there with only the chat on the side bar and they even read there and answer questions from there. Many people don't have cameras and come on with only voice. So, you don't have to go full video / mic to participate. They know that I post here and haven't kicked me out. I don't think that they've been holding 'fake' meetings (it's been HOURS per night, nearly every night this last week).

The biggest gist I get from them is that Garza is utterly out of the XPY coin (with the exception of the bit.com domain). They've even talked about the background on development of that domain and I just do not believe Garza is out of it in the least. There are a butt load of people who've been royally screwed by this mess, the numbers they've been providing about how many people and by how much are insane. Adam has gone through his entire history of how he ended up where he is now with all of this at least on two different meetings. Miaviator has gone through his background with GAW at least once. They've gone through exactly how and when splits happened in the "GAW organization". Their beliefs about where Garza actually is right now and where that investigation is heading. I don't think I've heard them refuse to answer any questions on there.

They also have people come on with ideas of ways to progress the XPY coin and talk through those ideas.

AND, for the sake of TRANSPARENCY: At least a week ago, maybe two, I started hanging out there because I finally broke down and signed up on the paycoin.slack.com site for some reason (I forget why now). They posted the hangout link there (they're always posting hangouts there. I'd guess they run them 3-4 times a day). I tried it and it let me in... Adam was in that hangout, and was talking about a person who'd lost their life savings and is now terminally ill and how to raise money for him. So, I stayed around to try to help out in that cause if I could because my whole interest in this thing has been the people damaged and the damage it has caused to crypto-currency in general. (I think that person has been taken care of now.) Yesterday, they went through all the people in the hangout asking how much XPY they have... I'd never had any and I admitted that. SO, due to joking around and goading by them, I downloaded the wallet and got an address and between the people who'd sent XPY to me, I now have 175 XPY as of about 1am EST this morning that I can't really do anything with because I still have to let the wallet sync and it kills my bandwidth.

So, this is where I stand:

Garza - Run a rusty chainsaw up his butt and throw him in jail forever because he's clearly wired to leach off of any and everyone he can. I can give you a 1000 word essay on what I'd like seen done to this person and his inner circle of Stuart Fraser, Jessica, et al. They are scum, not just in crypto, but in the rest of real life as well. Cantor Fitzgerald is also accountable for allowing their name to be used and I hope their company gets a big fucking slap from the invisible hand of the free market. Anyone working there or using their services should be ashamed to associate with slime like that.

XPY - It's a coin like any other than can live or die according to it's community. I think they are a community of survivors who are trying to recover their losses and are coming together for that purpose. Some are skilled, some not so skilled. They're maybe the ultimate in fractal organizations and it's interesting to watch them work.

BTC.COM - Garza's new whore house that will continue to damage crypto at every level from the GAWD awful grammar in the content, to the design to net in the absolute n00bs that will be ripe for Garza style pickings... if ever there were a canned hunting site, that is going to be it. The BTC community should denounce that site at every opportunity so that people new to crypto don't get roped into their crap.

So basically they are paying money to garza who is paying it to domain guardians.  How long before garza just starts pocketing the money and not paying the bill and claims someone stole the money?

What chapter is this now?

Stuart Fraser: 9177335514

I love how all of you speculate without having any real facts, besides what paul brought up earlier which I will address.

Secondly I shill for no one, I was simply a supporter of something I believed in at the time. I was just as hurt financially as the rest of anyone involved, I believed in something that was working for a period of time , then morphed into a nightmare.

That's all I can really say about that. a bad judgement call towards the end like so many others that were hurt.

As far as BTC.com, I have no involvement with them or Bitcoinist except if you call knowing someone IRL an involvement.

But I'm sure the truth will come out as documents are produced that separate Josh or GAWs involvement with BTC.com or Bitcoinist emerge.

I only wish the best for them as they now have to try and remove the taint of what was to what should be.