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I see they are busy deleting 'difficult' questions about Mineral International Ltd not actually being a Hong Kong incorporated company over on hashtalk. All this talk about how, supposedly, the servers hosting mineral.com being in Hong Kong, they are granted various 'rights' to protect their customer's identity etc. they seem to miss the rather important fact that the UK, where Mineral International Ltd is actually registered, still has corporate AML, KYC and Due Dil requirements, irrespective of where your servers might be.
As for your question, cryptojumper, the simple answer is most likely, "Because they won't stop until they cannot continue any further in their fraud".
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Mineral is the fastest growing Bitcoin exchange on the planet. ORLY? What metric are you employing to make that particular claim? Your 'open orders' list suggests otherwise. Mineral customer coins are insured and stored on offline servers that are never connected to the Internet.
ORLY? Prove it. Because once a bunch of lying scamming, fraudsters, always a bunch of lying, scamming, fraudsters. |
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Josh, you know your scam is up when a Scientology proponent starts to question your bullshit: Honestly, no s*** talking... its sounds like your dumping XPY.
We still have not seen a GAW related feature or implementation for XPY. The only real deal we have seen is Soon TM and "next week" we are waiting on PayFlash, and the debit card....any news on the GAW projects? Clearly Homero feels he has already done more than enough for Paycoin and anything else he does for 'them' beyond this point is really him just doing everyone a favour. Must have made all the munnies he is going to with the three-letter agencies closing in and now needs an exit strategy. Paybase VS Mineral
I had a number of people ask me:
If mineral is focused on all coin, then doesn't that make Paycoin like all other coins?
Let me try to answer.
Yes and No
First, it's important that Paycoin start to "join" the rest of the crypto community. The amount of hate and fighting has gotten out of control. When people are thinking about getting into crypto, and they see stuff like that, they do not care who is right or wrong. They just see weird fighting and move on.
I for one, do not want to contribute to that, or have Paycoin be a part of that.
So one reason I like mineral is because they are working to unite coins in general.
Second, Paycoin will have a lot of advantages.
I am sure it's not secret that I (personally) am helping all kinds of companies that are supporting XPY (about two dozen now). And Paycoin is dear to my heart. I do not always need to be the front person; sometimes I am just helping with resources.
So anything I am involved in will always be Paycoin focused. For example, with Mineral, Paycoin will get all the features first and have a completely different fee structure (if at all). Or CoinStand continues to offer bonuses to XPY holders. Many services will require the exclusive use of XPY, like Payflash or the new Paycoin bill pay system.
We can not win this by being a silo on our own. But if we work with the industry and just simply make Paycoin better, $20 is not that far away.
So nothing has changed. We are just trying to think outside of ourselves.
Finally, the biggest change you will see from the stuff I am part of is putting paycoin to work. We can talk about it all day, and features are great. But what will really bring it "the moon" is to just make useful.
Using coinstand, imagine if anyone could sell anything they want to each other from anywhere in the world? All with the same currency? Or browing against your XPY like BTCLend is doing? The new PAYTM that is launching? Or the new Paycoin POS pilot programs
There is a lot going on for Paycoin |
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By all means, your Lordship, please do join Slack and offer up any suggestions you may have in this regards. |
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Josh launches "Mineral" and immediately a powerful DDoS against BCT is started. Probably just a convenient coincidence.
Yes, along with their declaration that paycoin.com was being attacked by DDoS at the same time, I'm more inclined to believe that Garza and co are behind it. Who the fuck would bother DDoS'ing paycoin.com? |
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The fact that mathematical probability shows that a built-up universe such as ours is impossible, We're here aren't we? Ergo, not impossible. |
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That link is simply evidence of you employing logical fallacies and intellectual dishonesty repeatedly. |
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yes there is no cult: I do believe anyone that believes otherwise (haters/trolls) need to wait for time to pass and the real truth will eventually be revealed to you. oo savior please reveal the real truth!! we blindly follow you!  faith based investment sounds so good!  Considering Carsen believes himself to be a competent coin coder, I'd like to know what exactly he thinks is so great about XPY, technically speaking. I don't mean in terms of it regularly magicking up a shitload of coins for a select few people, either. |
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Oh FFS, I though the term 'CMO' stood for "Chief Marketing Officer", but apparently it must mean "Communications Mangling Operative" https://hashtalk.org/topic/35150/following-a-delay-in-withdrawals-on-paybase-enhanced-security-measures-account-for-all-fundsBloomfield, CT – After limited access during the course of the past nine plus days, users of PayBase and ZenCloud have resumed in the ability to withdraw funds from their online wallet accounts. The delay happened as a result of enhanced security measures employed by GAW Miners, the company that owns the PayCoin wallet services. The security measures taken are a part of an enhanced practice that has ensured the security of customer funds to the extent that no funds have ever been compromised. While the delay in withdrawals certainly caused some anxiety among PayBase customers, the delay versus a loss of funds was greatly appreciated.
Heightened security was implemented as a result of many of GAW Miners’ Hashstakers expiring, leading to a release of thousands of PayCoins and an overwhelming amount of activity. The enhanced level of security ensured proper funds were being directed to the rightful PayCoin owners’ ZenCloud account and the accounting of all funds.
“It’s no secret we’ve been hacked from outside sources, but these nefarious efforts have never resulted in customer funds being compromised, ever,” said H. Josh Garza, CEO of GAW Miners, the company that operates PayBase and ZenCloud. “Because of the ongoing attempts to undermine our systems, we’ve employed very rigorous levels of security that some just don’t like, but in the end are appreciated as we’ve never lost customers’ fund. However, we’ve learned that there will always be critics.”
The theft of cryptocurrencies has been pervasive in a category that can best be likened to the wild west of the financial sector, where integrity and honor are seemingly at a loss. The much-publicized Bitcoin theft in February 2014 is a case in point as cryptocurrencies, as secure as they may be, are for all intents and purposes a bearer instruments.
“Just recieved my missing bitcoin Deposit, thanks Paybase team, just please next time be quicker ☺ ) but still KEEP UP THE GOOD WORK.” Said Archibullo, a blogger on the Hashtalk blogsite in response to the company’s effort. Do you even English . . .? An awful, just awful, piece of writing. Apparently, whatever issues Homero has regarding his consistently appalling abuse of grammar is contagious. For a, supposedly, multi-million-dollar operation, you'd think they'd actually employ a professional marketing & communications officer somewhere along the way. |
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So, now the story with the Paycoin.com "hack" is that the coins moved to exchanges, and it just so happens that most (all?) of the hacked wallets were the people running the exchange, and now the coins have been replaced with "foundation coins". And, everyone else had their funds (BTC and XPY locked up for over a week. WTF? What kind of a nincompoop would believe such bullshit?   My inner Columbo says that this was likely an inside job, stealing coins from the foundation and having the added bonus of locking everyone elses funds up so they are not competition as they are dumped on exchanges, and of course there is the very real possibility of doing some naked shorting with the clients coins and replacing them with coins repurchased at lower value after dumping them, pocketing the difference. WWJD?So let me get this right, Sciborg , from TeamXPY is saying that the TeamXPY wallet balances were sent to exchanges, presumably dumped, then TeamXPY get their balances topped back up for free with 'foundation' coins, you know, to make up for their unfortunate loss and when another forum member asks for the txid info etc. to show the details of how everything went down, they are basically told,"because shut up! That's why!." Nothing suspicious about 'TeamXPY' at all, no sir, nope all is fine and dandy in 'TeamXPY' land. in fact they are so on the ball and busy saving the Xpy community from all the bad people, the 'others', they were able to immediately credit all the TeamXPY account balances with the amount that was 'hacked' from all the TeamXPY accounts and, in doing so, the 'people' were saved. All hail the TeamXPY saviours of the Paycoin faithful. Tx id you say? FUDDER FUDDER FUDDER, shut him down now! |
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http://news.paybase.com/following-a-delay-in-withdrawals-on-paybase-enhanced-security-measures-account-for-all-funds/Following a Delay in Withdrawals on PayBase Enhanced Security Measures Account for All Funds Bloomfield, CT – After limited access during the course of the past nine plus days, users of PayBase and ZenCloud have resumed in the ability to withdraw funds from their online wallet accounts. The delay happened as a result of enhanced security measures employed by GAW Miners, the company that owns the PayCoin wallet services. The security measures taken are a part of an enhanced practice that has ensured the security of customer funds to the extent that no funds have ever been compromised. While the delay in withdrawals certainly caused some anxiety among PayBase customers, the delay versus a loss of funds was greatly appreciated. Heightened security was implemented as a result of many of GAW Miners’ Hashstakers expiring, leading to a release of thousands of PayCoins and an overwhelming amount of activity. The enhanced level of security ensured proper funds were being directed to the rightful PayCoin owners’ ZenCloud account and the accounting of all funds. “It’s no secret we’ve been hacked from outside sources, but these nefarious efforts have never resulted in customer funds being compromised, ever,” said H. Josh Garza, CEO of GAW Miners, the company that operates PayBase and ZenCloud. “Because of the ongoing attempts to undermine our systems, we’ve employed very rigorous levels of security that some just don’t like, but in the end are appreciated as we’ve never lost customers’ funds. However, we’ve learned that there will always be critics.” The theft of cryptocurrencies has been pervasive in a category that can best be likened to the wild west of the financial sector, where integrity and honor are seemingly at a loss. The much-publicized Bitcoin theft in February 2014 is a case in point as cryptocurrencies, as secure as they may be are for all intents and purposes, a bearer instruments. “Just recieved my missing bitcoin Deposit, thanks Paybase team, just please next time be quicker ☺ ) but still KEEP UP THE GOOD WORK.” Said Archibullo, a blogger on the Hashtalk blogsite in response to the company’s effort. Now that link comes up as saying their 'Free Trial' period has ended! https://ghost.org/suspended/The Free Trial is Over
Log into ghost.org to upgrade your account and restore your blog! Why would they not have hosted their 'News' section on their own site? |
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Dear oh dear oh . . . feckin'. . . dear. As for the charge that GAW is a Ponzi scheme, Mr. Garza pointed out that his principal partner, Cantor Fitzgerald Vice Chairman Stuart Fraser, in whose name the patent for one of Wall Street’s most important bond trading programs is listed, has “got more to lose than all of us combined.” He added, “Why would a guy that already has a ton of money, and would get thrown in jail if he was involved in anything sketchy, be involved in a scam?”
Mr. Garza said GAW follows meticulous compliance and record-keeping to ensure it can’t be charged by the Securities and Exchange Commission with selling unregistered securities. “If one cent of our payout (to customers) comes from anything other than mining, it is a security,” he said. As such, he said, GAW is not counterparty in trades with any of its customers, although it does charge a “small percentage” for facilitating customer-to-customer hashlet trades over its platform
a statement from Mr. Garza in August of 2014. Mr. Garza stated that a percentage of the profits for ZenPool came from “day trading.”
Missed this reddit post previously, but it is an absolute PEACH! http://www.reddit.com/r/Bitcoin/comments/2t4it4/cantor_fitzgeralds_failed_entry_into_bitcoin_and/Wall Street behemoth recently attempted to enter into the foray of crypto currency through its Co-Chairman, Stuart Fraser, the nephew of the founder of Cantor Fitzgerald, Ira Cantor.
Unfortunately Stuart Fraser’s son’s best friend H. Joshua Garza, a small town entrepreneur from Vermont who spent more time leveraging Government financial incentives in his rural surrounds than actually using them to implement anything, convinced Cantor Fitzgerald that he could bring them to the forefront of the latest rage, bitcoins and crypto currency.
Owing to H. Joshua Garza’s ineptitude their venture together culminated in the biggest crypto currency flop of 2014 and entering into 2015. So much so, the SEC is now training their eyes on CANTOR FITZGERALD itself as to why such a renowned operation would even begin to get involved with H. Joshua Garza.
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I am working on trying to figure out anyway around this. But the issue is the entire model is built around these concepts. I just can not believe I never thought of this before.
Neither can I. As in, I don't believe you weren't aware of the economic realities of what you were proposing. Your pal, Mr Fraser would have pointed out such a flaw in your proposal long before then. You know, the guy who was busy tweeting support for you and XPY. Because, let's be blunt here, if he was unable to see just how messed up this ponzi-matrix scheme was, he shouldn't be on the board for Cantor Fitzgerald. |
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Moral of the story: don't tell lies.
" we have direct relationships with Amazon, Walmart and Target "
Dude, he has set up an account with each of them, ergo, "Direct Relationship". That's how this works. That's how this has always worked for him. Ruh-Oh! - Looks like the natives are getting restless, how long is this thread going to be allowed to remain?: https://hashtalk.org/topic/34984/who-lost-more/24@Jardcore said:
@Full-Metal-Bitch I am in the same boat as you, $20000 invested. plus i made the company over 100k in sales in 2 weeks, no invite for me either. im still holding all my coins, which is similar to you, around 3000. For someone to be equivalent with my 20k investment it would cost them around $1500 which makes me sick to the stomache. But hey im still here and holding.
The same feeling that someone now could get all i have for 20x smaller ammount. Can't even express it...
And stop saying you lost nothing until you sell it! It is like your house burnt, but until you sell it, you haven't lost anything... [edit] Fucking LULZ! - Check out this prime kool-aid-consumer
Munz
Munz
On a brighter note, the fact the foundation wallet got hacked and XPY is the subject of hackers means that they see some real value in it.
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Well what with this being heralded as a 'bold move' for Homero, there is also the small issue of whether there was even an attempt to build this machine. Because, if there was not, then that would be evidence of intention-to-defraud.
GAW have no production facilities or even designs for scrypt-ASIC chips, never have as far as I know. Which would make the announcement one-upmanship game he played against KnC last year, including encouraging KnC customers to ditch their Titan orders for this 'Vaultbreaker' a pretty blatantly illegal act.
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