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Nice, so you just showed us that even after you said there was nothing holding up Paycoin other than dreams, faith etc. you went on to describe how innovative and how awesome it is 2 days later. You're a real winner.
After an Announcement from GAW. which provided false belief. You're continuing this witch hunt for something i can not provide. Because i don't have anything to provide. I'm not a Garza and i have no idea whats going on with GAW's business. I was burned with the deceit and lies with this bait and switch, i left due to this. You want to 'turn' people to the light, then when someone does you flat out attack them. It's a double standard. I'm biased against Moderators who are a big part of the reason GAW was so successful at all this. I'm sure you can understand that. I and many others also have reason to believe that there were at least some mods who were insiders. I do understand. I didn't notice any behavior to dictate any of the mods were insiders until the arrival of the new 'Admin Team'. It began with one, and it began to seem out of control once more arrived. They claimed direct contact with Josh. And being 'hired'. I can only state that Animo and Cyber didn't show any signs of insider information, as they vented to me more often than anyone else had. It makes sense that the moderator team would have the bare minimum of information about the inner workings of GAW. The less people in the loop the better for an organization like GAW. With everything that's happened I wouldn't be surprised if the only person who knows what's happening is Josh. Every new announcement sounds like he's making it up as he's going, and the rest of his team is trying to keep up with the changing tide. |
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i dont understand i been calling this place a scam since almost day 1. i went threw the scam and informed everyone and everyone just keeps going on with the scam
At this point too many lemmings have their kids college funds, second mortgages, 401K's, and BTCJam loans in this to run away. It's going to be brutal to see the aftermath of the PayCoin collapse in about a month . . . |
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GAW admins are hiding my posts. When i am logged i see my posts (about inflation) and when i use another device i cant see my last enteries. this content has been hidden for everyone except me. sad. https://hashtalk.org/topic/27188/paycoin-inflation-5-or-350-or-3000-y/17look at post count it should be 17 not 15 i figured out that 350% rate transforms into .96% daily
that means real inflation rate is more than 3000%
if you are GAW and primenode with 1 000 000 paycoins you will have 30 000 000 next year.
are my calculations wrong?
please not ban me either close/delete this topic
thanks
cryptoshark posted about 9 hours ago • 0 Quote Reply Edit Delete
cryptoshark
cryptoshark
to support my previous post:
week+ ago primenodes have 125k each
now 146k, so it is 20% more already in few days
5 PMjJYnrT...Prime 146,843.7 XPY 1.19 % 11 days 12 hours
6 PGCisps2...Prime 146,839.6 XPY 1.19 % 11 days 12 hours
7 PFif8D9J...Prime 146,836.8 XPY 1.19 % 11 days 12 hours
8 PQ4vzL37...Prime 146,832.7 XPY 1.19 % 11 days 12 hours
9 PRBqf3oJ...Prime 146,832.5 XPY 1.19 % 11 days 12 hours
10 PKfJkfGS...Prime 146,830.0 XPY 1.19 % 11 days 13 hours
am i wrong?
Like many others you've been shadow banned. As far as I know only Josh can do so; so you must have struck a nerve. Like asking a question that the little man doesn't like the answer to. |
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Looks like ZenCloud went into maintenance mode. I wonder if they're going to remove the $20 per coin price when withdrawing XPY?
Edit: It's back up, and the $20 a coin is still there . . .
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Looks like either GAW or some poor investors are getting ready to cut their losses and run. I'm expecting the price to hit under $1.50 tonight. |
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Gaw used to be sucessful company so people believe in it
How were they successful? They were a legitimate reseller of Zeus and GridSeed ASIC's earlier in 2014. Then after that fell apart they decided that a cloud mining business would be a good idea . . . |
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Pretty large sell wall on Cryptsy 0.02726170 1500.00000000 40.89255000 BTC
This will take awhile to burn through; buys are slowing way down. The faithful must almost be fully tapped out.
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"So we bought the most stable exchange, and are now integrating it in to Paybase. I have every developer working in this  " Well, they recently purchased Coin-Swap; an exchange that Josh was crapping on just a few weeks ago. . . Now it's the most stable exchange ever. I'm glad to see they have every developer on this side project. It's not like PayCoin needs any more development.  |
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UGH. I was so busy this week that I missed out on the .04 dumping . . .  Come on people, Josh didn't lie! The $20 floor would have happened if it wasn't for those meddling kids dumpers!  I'm hoping for at least one more pump to dump . . . EDIT: Also, Happy New Year! |
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Is PayBase down right now? I've been trying for about that last hour, and keep getting the following. I also tried from a VPN I have, and it is down from there as well.
EDIT: Removed image to save room The server is down. That error page you're seeing is from CloudFlare which shows everything's fine; just GAW's server is down. |
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So at this point PayCoin has been stalled out for how long? Looks like over seven and a half hours. Totally worth $20 a coin . . . The banning issue sounds like BS; Josh has finally realized that people in the crypto community hate censorship and the bans are actually starting to hurt business. EDIT: After reading through the NodeBB documentation I've discovered that there is a feature that will promote someone to a moderator. So it sounds like GAW might not be lying; they're just incredibly incompetent. |
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Regardless what GAW tells you about what they are doing with paycoin,its actually backed by a large european/institution to the tune of millions
Then I'll wait for the Visa and Mastercard coin Seriously Paycoin is the opposite of trust-less decentralized crypto currency.
This is one of the main issues with Paycoin. The entire point of crypto currency was to have a fair and trust-less financial system. With Paycoin it's in GAW we trust. Not to mention that Paycoin solves / does nothing that other coins have done before it. If some of the larger GAW investors did 10 minutes of research (with an open mind) they would be running for the withdraw button . . . It'll be very interesting to see if GAW can get their Peercoin clone blockchain to work for more than a few hours on Sunday. I really hope that they can get this crap to launch and onto a few exchanges. There are a ton of people who are ready to dump and take their share of the GAW backed price floor. |
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Hmmmm decisions decisions. I have 10 more Prime's that I need to make a decision on.
Either I liquidate them now, or convert and liquidate after the market opens up again. I wonder what will net me more BTC?
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snip
As for this scam hurting cryptocurrencies in general - well, I'm of the opposite view. We need a couple of more scams and security breaches (Stellar?) in altcoins and altblockchains so people get the point with the Bitcoin network. Stop the altcoins, do sidechains if you need bells and whistles.
Very well put post; I think you hit GAW's issues dead on. That's also a very interesting point of view about scams in crypto; I wonder if all of these altcoin scams will eventually push more people / developers into using the BTC blockchain? It will be interesting to see what the altcoin scene will look like by December 2015. |
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I love how these stakers are a "limited" product when it comes time for people to upgrade their Zen's. However, you can buy an unlimited amount of them on the gawminers web store . . .  Oh that's right; it's all about the money I mean miners with Josh. |
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Loss immediately: $ 7,000
90 days x $ 120 = $ 10,800
Total loss: $ 17,800
No !!!
I will not allow this.
Pre-written terms and conditions?
I have not seen anywhere.
I sold my car to buy zen.
WOW I sense some desertion in the ranks.. When will the CEO swoop in and be the super hero? P.S. This guy sold his car!!  This is a great example of why you don't go into debt "investing." It's also a great example of why GAW imploding is going to be very damaging to the crypto scene in general; stories like this have quite the chilling affect to potential small investors. |
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ZenCloud is in maintenance mode temporarily.
All user data and coins are safe and secure. This is a front-end maintenance and does not affect mining, coins, deposits or other isolated systems.
Once we bring ZenCloud online in a few minutes we will keep the hashmarket and withdraw systems offline until we complete an audit of the recent activities. We hope to have everything online and running by 1PM Eastern time.
Thank You,
Gotta love how they directly contradict their first sentence with the second one. If it's just front end maintenance you wouldn't be conducting an audit of the hash market and withdraw system . . . |
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Now they are blaming the downtime on their internet presence provider, Rackspace. Josh cannot take blame for anything.
Not that I'm defending Josh, but it appears that Rackspace is having an issue. Is this the real issue that's preventing them from getting ZenCloud back online? I can't speculate. https://status.rackspace.comRackspace Cloud Engineers have identified an issue which is causing intermittent 500 error code messages when our customers are attempting image centric calls from the Mycloud portal or the Next Gen Cloud Servers API. This issue is presented in all our Next Gen Cloud Servers regions (HKG, SYD, LON, IAD, DFW and ORD).
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I wonder how much longer till they get ZenCloud back up? Apparently they accidentally disabled 2FA for all accounts, and people were also getting dumped into other people's accounts. How they managed to go live with these kinds of issues is mind blowing. Do they not test any of these updates before pushing it out live? I hope they realize, when GAW launches PayCoin they can't shutdown the blockchain if they botch an update. |
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I think they're doing POS for two reasons.
1. It prevents a mass dumping of the coins for 3-6 months. The coins that are put into these wallets can't be dumped. It'll help prolong the artificial $20 floor that GAW is planing.
2. They can "sell off" mining hardware. So when / if there's an audit they can show a small amount of hardware and claim that this is all they need for the remaining Hashlet's.
This exactly. Although there has been discussion on HT today if the 20$ wall was actually promised or not. It seems like Josh was quite careful to not "guarantee" a $20 price. However, there are a lot of statements like this: @GAW_CEO said:
> @Tradenow said:
> > and if paycoin decreases in value over time? Maybe 10$ instead of 20$ it would be a bad idea to stake?
>
> That will not happen. Our floor, to keep it from going bellow $20, is too large at this point
https://hashtalk.org/topic/20296/hashstaker-q-a/267Also, heads up for everyone: Once you upgrade, you can not sell your Hashlet until the upgrade is complete
If you activate the "upgrade" to a Staker tonight; you can't sell your Hashlet on the market. Expect at least 2+ weeks until you can cash out. |
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