|
304
|
Economy / Service Discussion / Re: GAW Miners Paybase Paycoin unofficial uncensored discussion.ALWAYS MAKE MONEY :)
|
on: April 13, 2015, 04:40:41 AM
|
This is beautiful because it's exactly what I (and many of us) guessed was going on. There is one thing that surprised me, though. I assumed the pan-account "lockout" was due to him stiffing a contractor (leaserig.net) on a bill, which would fit his pattern of not paying bills. Turns out it's just because he fired everyone who had the ability to access them. Garza should be commended for getting so many sketchy people in one organization. When your most ethical employee is that Eric guy who looked the other way when crimes were being committed, you've put together a rare team of scumbags. |
|
|
|
|
307
|
Economy / Service Discussion / Re: GAW Miners Paybase Paycoin unofficial uncensored discussion.ALWAYS MAKE MONEY :)
|
on: April 05, 2015, 12:57:54 AM
|
Jesus Christ. Dead animals in the mail? That's one step away from a treasured racehorse's severed head under the sheets. And how would anyone know the places CoinFire frequents? Did someone hire a PI to follow him? Spend actual money on silly threats? And what if the threats worked? That wouldn't change the reality behind the reports. That's the big thing I don't understand. What could these threats possibly accomplish? |
|
|
|
|
309
|
Economy / Service Discussion / Re: GAW Miners Paybase Paycoin unofficial uncensored discussion.ALWAYS MAKE MONEY :)
|
on: April 01, 2015, 09:10:11 PM
|
Where did this "local wallet doesn't work" stuff come from? It worked in my tests to send and receive recently.
Periodically, I download the lastest version for shits and giggles. I'm never able to get the entire blockchain loaded. It completely freezes after 500 blocks, so I quit and restart, only for it to completely freeze again after 500 more blocks. After about a dozen restarts, I just give up. |
|
|
|
|
310
|
Economy / Service Discussion / Re: GAW Miners Paybase Paycoin unofficial uncensored discussion.ALWAYS MAKE MONEY :)
|
on: March 31, 2015, 07:19:03 PM
|
If I understood the scheme correctly, PayCoin is of no interest to Josh. His main scam was ZenCloud Ponzi. As any Ponzi it was about to pop when new inflows became less than outflows. However Josh came up with a clever idea to create PayCoin as an exit strategy from his Ponzi scheme. Many ZenCloud customers decided (or were forced) to withdraw their payments in PayCoins (with all the promises and lies behind PayCoin) instead of BTC. As a result Josh is now successfully closing his Ponzi scheme (ZenCloud) without actually defaulting on customer balances. As a side effect, Josh even managed to IPO some PayCoins to gullible investors and pocket extra profits.
I think that Josh closing ZenCloud and leaving PayCoin to someone else was his ultimate goal from the very beginning. Surprisingly, he is approaching this goal despite all revelations, hurdles and accusations.
I think you have it backwards. His description of the KnC scheme implies he just did the cloud mining to build a "customer base" for the next product. He's made other statements to that effect on HashTalk. The goal all along was to sell Hashstakers and get his "customer base" using Paycoin to the point that he could sell paycoins at something near a $20 price point. That did not work, so bills aren't being paid, people are being laid off, and he's taking what he can get while drawing a $350,000 salary. |
|
|
|
|
315
|
Economy / Service Discussion / Re: GAW Miners Paybase Paycoin unofficial uncensored discussion.ALWAYS MAKE MONEY :)
|
on: March 27, 2015, 02:43:17 PM
|
Still waiting on the amounts and TXid's of the "hacked" PayCoins
Why would that matter? It's just going to show coins transferred to an exchange. Unless you think you can get Cryptsy (or whichever) to reveal the recipients on the other ends of those transactions, the TXids don't reveal very much. Now, if Cryptsy's like, "oh, yeah, that address is a deposit address for josg21@hotmail.com ," then it reveals something. I don't think Cryptsy will do that, though. Paybase certainly won't. |
|
|
|
|
317
|
Economy / Service Discussion / Re: GAW Miners Paybase Paycoin unofficial uncensored discussion.ALWAYS MAKE MONEY :)
|
on: March 27, 2015, 02:01:11 PM
|
You also don't seem to understand. It is a search warrant for Google's servers for the email accounts of Homero and Matlack. That is all. They don't need to ask this Matlack character's permission nor do they need to alert him. Why should or would coinfire contact him for a comment about a search warrant for his email account on Google's servers?
Because it's just good journalism to say, "Hey, Garza wrote an email that claims you own 15 Prime Controllers. Is that true? What's the extent of your relationship with Mr. Garza?" Just basically getting his comment on the claims in the article is good form. |
|
|
|
|
318
|
Economy / Service Discussion / Re: GAW Miners Paybase Paycoin unofficial uncensored discussion.ALWAYS MAKE MONEY :)
|
on: March 27, 2015, 01:53:27 PM
|
|
To be fair, if Coinfire's doing an article titled "...Adam Matlack Under US Investigation," they should at least call the guy in the article title for a comment.
Of course, they might have done that, and Matlack might be a liar. But if Matlack's telling the truth, that speaks to unprofessional and incomplete journalism.
He also addresses something in the article when he says, "I did not purchase 15 prime controllers. Period. " It's nice to finally get his statement on that.
I don't know where he got the stuff about being contacted by a federal agency or being served a subpoena, though. It's either poor reading comprehension or straw man argumentation.
|
|
|
|
|
Show Posts
