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21  Economy / Service Discussion / Re: GAW / Josh Garza discussion. Paycoin XPY CoinStand Mineral. ALWAYS MAKE MONEY :) on: May 15, 2015, 05:13:34 AM
allen1980s updated information on the class action lawsuit against GAWMiners at PaycoinTalk today. A web form for those interested in joining the suit is also now available at ATangledWeb.Info.

Just a correction on that... it should be Paycoin.ATangledWeb.info If anyone has trouble on it, you can let me know here.

AND... these are not on menus, but I just put them public, so people can see them. I'm working on two different things there (because I want Josh's scam to stick even after this fiasco winds down)

http://paycoin.atangledweb.info/timeline
http://paycoin.atangledweb.info/claims

The timeline is just basic this happened on this day entries.
The claims will eventually be a who said what when and was it a lie or not with archives of the proof.

Anyone interested in helping please PM me.
22  Economy / Service Discussion / Re: GAW / Josh Garza discussion. Paycoin XPY CoinStand Mineral. ALWAYS MAKE MONEY :) on: May 15, 2015, 04:34:48 AM
Anyone notice a severe lack of Ganza talk today?   Seems abnormal......   Seems like a long time with no MrCEO posts.....   




MrCEO love you long time... oops... another LIE!
23  Economy / Service Discussion / Re: GAW / Josh Garza discussion. Paycoin XPY CoinStand Mineral. ALWAYS MAKE MONEY :) on: May 15, 2015, 03:44:37 AM
That all breaks down when they run their free money printers.

And "coincidentally" they "turned them off" (Just delayed the payout) when they started this pump. It is disturbing to see people like Buckeye that are so easily duped that they will believe the same pack of liars over and over.

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?

24  Economy / Service Discussion / Re: GAW / Josh Garza discussion. Paycoin XPY CoinStand Mineral. ALWAYS MAKE MONEY :) on: May 15, 2015, 03:22:02 AM
They will have to have another circlejerk lovefest on their romper room youtube show to calm down the GAWTARDS and feed them enough bullshit so they can keep their free money machines operating.

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.



That all breaks down when they run their free money printers.

Can you explain what breaks down? I agree that every element in that coin seems to stake in one way or another, but even the US Fed does that (and I'm not fan of theirs either!)... this is the first time I've even looked at staking coins because I've only ever used BTC and that I understand. But, really, isn't it just back to a peercoin clone + hyperstaker devices once you take the Ganza out of the mix?
25  Economy / Service Discussion / Re: GAW / Josh Garza discussion. Paycoin XPY CoinStand Mineral. ALWAYS MAKE MONEY :) on: May 15, 2015, 01:47:06 AM
Price almost went up to .0008 earlier today... what's causing the constant rise in price that has been going on the past few days?

They have a new program listed on xpy.io.


Which one? The ones I see are horrific.

Community staking: 90-day lock-in but "*Stake rates will match any decrease in the Prime Controller core code for the community primes."

Or the "hedger", which sounds good (can get your principal back in BTC) but has a 10%-20% fee.

I mean even if I'm a fervent believer in XPY why in the world would I chose any of those?

The community staking is also buying a vote in the XPY coin. I still don't get the whole Primary Controller things at all and would rather see blockchain voting services (see the coins in my signature -- or is that sigitature... not be gud speler)

This is my take on hedgers:
- They are bought only with BTC, so it brings BTC into the coin. So, good for the coin in that way
- They set a limit on the down side / loss in the fee charged. At the end of the hedge, your payout is either the BTC less fees paid, or the XPY + any stake it earned. So, if XPY value went up, then the value of the XPY+stake COULD be more than your original BTC investment.

So, to me hedgers are like a long/slow version of day trading with a set max loss.

But, I posted it in response to the question about what has happened recently that might be causing the coin to go up. I wasn't implying that it was a good thing or a bad thing, only a change in the environment that might be having an impact on the value of the coin.
26  Economy / Service Discussion / Re: GAW / Josh Garza discussion. Paycoin XPY CoinStand Mineral. ALWAYS MAKE MONEY :) on: May 15, 2015, 01:35:08 AM
They will have to have another circlejerk lovefest on their romper room youtube show to calm down the GAWTARDS and feed them enough bullshit so they can keep their free money machines operating.

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.

27  Economy / Service Discussion / Re: GAW / Josh Garza discussion. Paycoin XPY CoinStand Mineral. ALWAYS MAKE MONEY :) on: May 15, 2015, 12:48:32 AM
Price almost went up to .0008 earlier today... what's causing the constant rise in price that has been going on the past few days?

They have a new program listed on xpy.io.
28  Economy / Service Discussion / Re: GAW / Josh Garza discussion. Paycoin XPY CoinStand Mineral. ALWAYS MAKE MONEY :) on: May 15, 2015, 12:46:54 AM
If you are wanting a new SEAPIG card soon™ you can pre-order them now on the GetHashing forums in the [Watchlist] section of the forums https://forum.gethashing.com/t/hmmm-seapig-card-solicitation/3843

Are they real? Who knows and who cares? But it's 500 CON for a pre-order of the card and comes in 2 fabulous varieties!!




Cresington... that swiming piglet is worth way more than 500 CON! That's where cPIGs messed up, they should have put good images on their cards, so at least they were nice to look at when they have no other value.
29  Economy / Service Discussion / Re: GAW / Josh Garza discussion. Paycoin XPY CoinStand Mineral. ALWAYS MAKE MONEY :) on: May 15, 2015, 12:36:31 AM
P.S: Check out the "regular" stakes on address #1:

https://i.imgur.com/FBzfUTM.jpg
https://chainz.cryptoid.info/xpy/#!rich

LMAO!

It looks like this is the Zencloud/Paybase cold wallet. Or used to be since it now is obviously not so cold anymore. It has not been staking for quite a while so now catching up. Not sure how to work out the APR in this case. It does not have a Prime flag in the raw block data though, so that part is good.

They did turn the hashlet? market back on so people could convert? their thingy-ma-jiggies.... that would make sense then if there's a paycoind behind that service.
30  Economy / Service Discussion / Re: GAW / Josh Garza discussion. Paycoin XPY CoinStand Mineral. ALWAYS MAKE MONEY :) on: May 15, 2015, 12:34:06 AM
Something else I find interesting:



It appears that all of these addresses are controlled by the same person (Team Paycoin- SUPPOSEDLY Roll Eyes). I started checking, and I am finding transaction links between these addresses, so the time stamps of this sudden staking of addresses that had previously not been allowed to stake are being backed up. #4 is BTClend/Homero. Another one of the top ten is also BTClend/Homero, but I am too lazy to dig up which one right now. Update: # 3 is  also BTClend/Homero. ODD that ALL 6 of these addresses which had previously not staked started staking at exactly the same time when they are supposedly controlled by two different entities..... Correction: It looks like #3 has been staking since it was created on May 1 , after BTClend was busted using the Hyperstake keys. As someone mentioned earlier, all of this is getting convoluted and hard to follow, which of course, is exactly what the crooks running this scam are trying to do.



Isn't BTCLend under XPYTrust? I thought XPYTrust has 5 Prime Controllers and 4 of them were with BTCLend.

Also, if they powered down the Prime Controllers w/out removing the XPY, maybe they just figured out that when they power them back up, they will catch up, so they powered them on to fix that (get rid of the XPY or something) and that's the blip your seeing?  if you scale back on the inflation chart, the cumulative blip looks to be about the same as (or less than) the drop that I think was when they burned off the one Prime Controller... So, 10 systems coming up after being turned off for a while could have forced out coins before they got them properly turned off? If 10 systems each pushed out an average of 12k coins in a catch up mode... that would be about equal to the 125k burned off.
31  Economy / Service Discussion / Re: GAW / Josh Garza discussion. Paycoin XPY CoinStand Mineral. ALWAYS MAKE MONEY :) on: May 15, 2015, 12:00:16 AM
I don't know if it's only me or someone else feels like that, but I'm loosing grip on the recent developments of this circus. There is so much shit that you have to need reading it on multiple forums to remember all the accusations, fake stories, excuses and lies Wink

It sounds like everybody wants to either fork or enforce control on Paycoin which is getting obsolete anyway. Everybody accuses everybody for stealing and everybody claims to defend simple muggles holding the shit.

Maybe anyone could write a summary of who is getting raped by who at the moment and are my hashlets doing ok Wink

Your PNGs are fine, I don't think anything can affect them much. If you're concerned - make screenshots.

As to what's going on - no idea. I'm now very curious what will come out of the btc.com story. Not sure what else is happening. XPY is going up, so perhaps a fork is coming.

I think the XPY fork that happened was that Garza now has no XPY and no controllers and it's publicly known. So, it wasn't so much a code fork, but a "stick a fork in him, he's done" fork for the coin itself.  Btc.com seems to be hoping for the same thing... but honestly, I don't see how Homero isn't getting money off the backend of that deal. It's entirely common for store fronts to get a cut of profits and btc.com is about as whored out as it gets with all the 'your ad here' and schedule of prices for paid articles and trying to sell sub-domain names... bitcoininst is just the madam at the front desk, but until it's shown otherwise through documentation, how can Homero not be the true pimp behind that whole operation.
32  Economy / Service Discussion / Re: GAW / Josh Garza discussion. Paycoin XPY CoinStand Mineral. ALWAYS MAKE MONEY :) on: May 14, 2015, 11:39:31 PM
"The birthplace of cryptocurrencies"

oh please

Arrogant?
Presumptious?
Factually incorrect?
BS?

Parasitical copy at best. Riding on the coat tails of years of work by many, professing to be a beacon/sentinel of Crypto currency advocacy. HA fkin ha

One day you will learn that the world prefers to use the term Digital Currency. Crypto is geeky and marginal... but of course as the "birthplace" you already knew that... tsk! amateurs

Just what I was thinking! Judging from that photo of dull eyed slack jawed rather confused looking characters maybe they should change their Logo to

The Inbreeding of crypto currencies?

You know, I'm not going to make guesses about how many branches there are on the family tree and how many times they've been espaliared back together...

But, the editorial work on that site is pretty bad. Like Homero bad or worse. If a group can't master the details of basic English language, who would expect them to be anything more than potentially the world's most expensive blog. So, it's possible that all those people are just basement dwellers.
33  Economy / Service Discussion / Re: GAW / Josh Garza discussion. Paycoin XPY CoinStand Mineral. ALWAYS MAKE MONEY :) on: May 14, 2015, 12:52:47 PM
In case there are Garza victims who read here and not the other forums....

Here is an update with more details about the class action lawsuit, how it will work, and how to submit your information for inclusion in the group.

http://talk.paycoin.com/discussion/1128/gaw-lawsuit-statement/p1



34  Economy / Service Discussion / Re: GAW / Josh Garza discussion. Paycoin XPY CoinStand Mineral. ALWAYS MAKE MONEY :) on: May 13, 2015, 06:13:50 AM
http://www.naturalnews.com/036112_sociopaths_cults_influence.html#
Quote
10 signs for spotting a sociopath
...#8) Sociopaths speak poetically. They are master wordsmiths, ...
Number 7 kind of covers it,
That #8 though... The way Homero brutalizes the english language is almost enough to disqualify him entirely.

I know children that write better than he does.

Empathetic meaning a sociopath is unable to put themselves in another persons shoes.


As an example I was watching Agents of Shield tonight (season finale, it was awesome btw) and there was a part where one person stuck needles under the fingernails of another person. I personally cringed while watching it, but someone who is sociopathic may not. This is an extreme example but the same can be reflected in emotions as well.


EDIT: Ding hero member! lol

AND, this is the other thing... people always associate sociopaths with evil and stuff... lack of an ability to empathize does not = evil, it only makes evil easier for that individual. There are some very successful and socially benign people who are sociopaths.

Garza is just a pathological level dick with a well off Stuart Fraser (of Cantor Fitzgerald fame) friends.
35  Economy / Service Discussion / Re: GAW Miners Paybase Paycoin unofficial uncensored discussion.ALWAYS MAKE MONEY :) on: May 13, 2015, 06:03:31 AM

Does anyone have pacer access to check the current status of this case?

The notice was sent on the 8th and required a response within 21 days.

EDIT: April 8th.

https://ia601506.us.archive.org/27/items/gov.uscourts.mssd.88839/gov.uscourts.mssd.88839.2.0.pdf

Bet Homero is doing it pro se and just submitted a one page response that said:

Quote
I will get back to you
SOONTM
36  Economy / Service Discussion / Re: GAW / Josh Garza discussion. Paycoin XPY CoinStand Mineral. ALWAYS MAKE MONEY :) on: May 13, 2015, 12:28:27 AM
HT is full of entertainment today. @coldcoiner (Garza's favorite offshore developer) came up with this new "exiting" coin:

https://hashtalk.ch/topic/37654

It even has a "roadmap", almost as good as the Hashcoin one:

Quote
ROAD MAP: ======> EXCHANGE with buy order ======> STORE ACCEPTING COIN AT FIXED RATE ======> Online dice release ======> WALLET RELEASE ======> Mining pool release ======> Faucet ======> Hyper staker auction ======> +++++++++

from the link... this is somehow like the ultimate hashtalk / heavens gate logo.... if they keep this up, they're gonna get sucked into another dimension on a space ship!

37  Economy / Service Discussion / Re: GAW / Josh Garza discussion. Paycoin XPY CoinStand Mineral. ALWAYS MAKE MONEY :) on: May 11, 2015, 03:58:09 AM
I just watched GET HARD movie .... in one of the scenes it shows license plate "IMA GAWD" and  will ferrel gets arrested by FBI for  SEC frauds and says i didnt steal money from anyone and outside there are bunch of people screaming wheres my money? And he tries to flee the country.

Coincidence? They made movie about Garza?  Grin

Sounds like that's where he got his brilliant bidness idea from!  Thank GAWD he didn't take it on shark tank or no one would have had a chance to hand him money!
38  Economy / Service Discussion / Re: GAW / Josh Garza discussion. Paycoin XPY CoinStand Mineral. ALWAYS MAKE MONEY :) on: May 10, 2015, 09:33:10 AM
10 btc 24h-volume. this turd cant float much longer

welcome bag holders

AWWW.... NOooooo.... I hate when a good series goes off the air mid-season!  I'm rooting for them! I want to see more of Josh's antics because right now, he's not really managing to hurt anything but his reputation. And, besides... they really only just introduced the new antagonist "Phil"... they need to develop that character more... will it all land in the international court systems in The Hague or never rise above the court of public opinion?  Did Phil really steal those prime stakers or were they a bromance gift from the high maintenance globe trotter that we know Josh to be?  And what will the fates decide for Jessica?  Confused? You won't be after the next episode of HashTalks.
39  Economy / Service Discussion / Re: GAW / Josh Garza discussion. Paycoin XPY CoinStand Mineral. ALWAYS MAKE MONEY :) on: May 10, 2015, 02:35:46 AM
In my mind, Stuart Fraser and Josh Garza are lower scum than telemarketers, lower than email scammers (hey, they even use the email scammer's drop mail address!)... Josh Garza and Stuart Fraser should both spend YEARS in jail for what they've done. I'd love to see Stuart Fraser highlighted in the USA Money Section as they guy who backed the biggest idiot in crypto... a bigger idiot than the guy who setup SilkRoad2...

Have you read those leaked emails? Fraser is a mark. He's a super mark. He should have his own Funky Bunch he's such a mark.

Yes, he's financially unsophisticated and way too trusting, but he was stonewalled every time he tried to get any information about the business in which he invested.

About the only time he stood his ground was when he wouldn't forgive the $200K real estate note in exchange for equity in a company that ended up being worthless by the time Garza was through embezzling funds. Everything else he did was basically hands-off silent investor stuff. There were a couple of times he used Garza/GAW to funnel funds to hide from his wife, but he didn't really do anything wrong except not be persistent enough about financial statements. He gave up too easily and trusted too much.

He's one of the many characters fleshed out in that email dump. He doesn't have the depth and narrative that Garza has, but even the bit players are pretty complete. That's what makes this such a good story. Josh Garza, Carlos Garza, Capuano, Mordica, Pease, Rami, Fraser, that Cryptsy CTO, Juliette, Jessica Garza, and so on. They're all fleshed out and have some depth.

The bad actors were the inner circle (Garza, Capuano, Mordica, etc.). Capuano came clean, but none of the others have. Other than Capuano, these stories are still going on.

This is seriously like a really good novel that's really, really long.

I've read some... but I have next to no bandwidth and haven't managed to download the 5G files yet... would REALLY love to see those Sad

40  Economy / Service Discussion / Re: GAW / Josh Garza discussion. Paycoin XPY CoinStand Mineral. ALWAYS MAKE MONEY :) on: May 10, 2015, 01:54:45 AM
I actually like Pexpeppers...or their sauce anyway Smiley muy pikante!
How active have you actually been in the Paycoin "economy"? You've clearly bough this sauce using Paycoin. Earlier you promised Josh a review of Coinstand in exchange for an invite (aka getting bribed with free stuff). You're what passes for a "journalist" in the cryptocurrency world, and it's a damn tragedy.
Ouch!
I bought some Pex Peppers sauce too.  I liked the green taco sauce.  The rest was nasty and way too hot. 
The problem I have with buying from someone like Pex Peppers is all he did was dump paycoins by using a alt coin transaction company that dumps them on the market right after he sold anything.  He was just there to make a buck off of everyone and seem like he was doing the community a favor.  I did like the fact that he was selling a real product that I mostly liked.
I'm not for or against pex peppers (too much flouncing out of the room for me and I've never bought the products).... but, they wanted vendors and vendors need to buy supplies and pay bills... until XPY has conquered the globe, they're going to have to do that in fiat. That's why all the places having accepted bitcoin is a double edged sword. Its great that I make 70% of my purchases now with BTC, but on the other hand, that drives down BTC prices when they convert. So, why would it be any different for any vendor using paycoin? They're just one step removed from getting a debit card system in place that converts to fiat right before you buy.

BTC wasn't always like that. When silk road was up there was a reason to have/use BTC, buying drugs, that you couldn't do with anything else. BTC was also big enough that not every vendor/merchant accepting BTC needed to switch them to cash. There just isn't enough to do with paycoin for it to make sense, and it has never made sense.

It was dead from inception because there was never a logical thing for GAW to do with the coins they paid $20 for. There is nothing for pex peppers to do with the coins he gets for his sauce, he can't use it to buy ingredients, pay rent, do whatever. Giving coins to Josh and letting him buy you stuff on amazon or pay your phone bill, or put money on your prepaid debit card isn't going to accomplish anything when the only thing that Josh has to do with the coin is dump it for cash. I really don't get why people can't see this.

People can keep fucking the chicken, it's bringing me lots of entertainment, but I'm shocked that people can't see why this won't work.

I agree completely. Silk road and the drug industry did (and probably continues to do) a lot for BTC. But now, we have newegg and others taking it and i'm willing to bet they do an insta-dump for fiat. But we are also getting hedge funds (again), cities/states looking at the cost savings on payment processing fees, and some regional areas looking at the transparency as a means of fighting corruption.

Any new alt-coin is almost a 'dead-in-the-water' deal (aside from if you're using it as a community/joke type thing like dogecoin and payCON) because it is going to be hard to build another ecosystem that convinces people to walk through the BTC ecosystem on the way there.  IF you get past the "Why buy a cryptocurrency?" you have to get them to then trade the first crypto-currency (BTC) for yet another one. So, in a way, alt-coins, like paycoin, are all a sort of modern day Amish effect. They start isolating into their own community in order to follow (re-enforce) their beliefs and have 'fellowship' among the rest of the soon to be millionaires.

But, if all they do is churn coins among themselves, the community isn't going to grow and you get back to the fundamental question "why use crypto" made more complicated by "why use an alt-coin". Now, add to the uphill battle of the alt-coin... the shit ton of dead weight it now has to carry in the scandal of it's origin.... if vendors shied from BTC because it was thought to be something for druggies... imagine a vendor going on google to learn about paycoin?

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People can keep fucking the chicken, it's bringing me lots of entertainment, but I'm shocked that people can't see why this won't work.

I think this last week or two, a lot of people have finally admitted that GAW/Garza is a scam (aided at least in part by Stuart Fraser of Cantor Fitzgerald), so really, that leaves paycoin as a peercoin clone w/prime stakers tacked on. If someone were buying in now, it would make them no different than any other alt-coin. Completely at the mercy of the 'inner circle' as to how it works out.  

So, it really is only the blind GAWslings over on Hashtalk that remain with the belief that their GAWD is going to some how buy them out and recover his reputation. They appear to read and write english, they can clearly operate a web browser, there information is all here and they've had a chance to see it... They've chosen their GAWD and if they want to pre-pay for a credit card, that is their right. How different is that from the people who get hooked up into Scientology or any other scheme?

Now, I do want to see GAW, Garza, Stuart Fraser, and Cantor Fitzgerald held accountable for the original scam and the damage that has done to crypto-currencies in general. I'm more than willing to jump all over the next free web site thrown up with a $5/mo drop mail address and hidden DNS info... And, I think it's important for the crypto community to knock those shit flies down as fast as they emerge. I have extra pitchforks and am always willing to lend them out (as long as you return them as sharp as when they were lent).... The more people that report them and talk to the authorities about them, the better!

In my mind, Stuart Fraser and Josh Garza are lower scum than telemarketers, lower than email scammers (hey, they even use the email scammer's drop mail address!)... Josh Garza and Stuart Fraser should both spend YEARS in jail for what they've done. I'd love to see Stuart Fraser highlighted in the USA Money Section as they guy who backed the biggest idiot in crypto... a bigger idiot than the guy who setup SilkRoad2... I'd like to see Garza in public stocks for a week and I'd pay to have a metric ton of rotten vegetables delivered to the site and fund real-time streaming video game where people could pay BTC to have shit thrown at Garza on demand 24/7 (we could donate it all to Seans Outpost or something)...

But, somehow, I can't get my jimmies to rustle over some business guy that took advantage of an opportunity... or over an alt-coin that really is (as long as Garza is really out of the picture), just another clone of a clone of a clone heading for the sub-penny value range. I'm willing to let the survivors go on their way and hopefully they can help-out those that were the most injured in some way... They're still part of the larger crypto ecosystem even if they don't want to be. So unless they prove to be bad actors, let them go make their "Amish compounds" and have at it.

(And, despite all of this rant... there are some good alt-coins out there from an innovation/tech perspective and I'm always looking for more of that type. Right now, I'm following QORA and ARCH because I find them interesting for the voting, crosschain transactions, micro-blogging, etc. There was one that was using the block chain related to ride/vehicle/delivery sharing, but I can't remember it's name right now. If people know of other likes that (especially the voting), please PM me Smiley )
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