This down trend with no buy support had started yesterday and it continues.... My guess is 0.0005, lets see. lol
It is fun watching all those Joshed people dumping together.
And a 5,000 XPY Buy Wall went up @ .0017. These fools just do bot know when to quit. Mr Bitcoin Ruler ought to take that. Not good odds of seeing decent bids that high or above in the next few days. https://bitcoinwisdom.com/markets/cryptsy/xpybtcEdit: Aaaaand, it's gone. Might have been BR himself trying to lure bids up. About ~ 1,000 ~150 got dumped into after ~4,000 was pulled. |
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The pure idiocy involved in stating that you are going to increase your inventory by accepting $.42 XPY for $1 wins this effing moron the hammerhead award.
Meta: I was having a conversation this weekend with someone, and we came up a conundrum of "Is society really trending towards an idiocracy, or is it that society over history has always had this degree of idiocracy, but the internet has given them the ultimate communication tool/outlet, so we're just seeing more of it ?" I am afraid the answer is C: All of the above. |
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Not to worry, one Paycoin tree falls, and another is planted!  The pure idiocy involved in stating that you are going to increase your inventory by accepting $.42 XPY for $1 wins this effing moron the hammerhead award.  https://hashtalk.org/topic/35781/business-shutdown-for-xpyArchive: https://archive.today/ggsUGhttp://stores.ebay.com/bobargainsEdit to add: I did not even glance at this idiots Ebay store. Take a look:  WTF? I think you can buy a whole Celeron computer for $1.95. right? Or maybe you need a new sticker for the one you are using for a boat anchor.   This idiot's business plan is to sell $5 bills for $75. WTF? $20 Rpi's for $60? $25 Gridseed Psu's for $160?? I guess he CAN offer his items for $1/XPY-LMFAO! I really am glad I am taking notes, I could NOT make this shit up. |
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Paycoin is nothing but a bunch of kids now. I'm outta here! ~ Bitcoin Ruler  |
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Hehehe.... went to link and at first say PayPal and mind went PayCoin.... For those not familiar, Brawndo was the energy drink that was killing all the plants in the movie Idiocracy ( http://en.wikipedia.org/wiki/Idiocracy ) |
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The smell of bullshit is curling my nose hairs. Un-fucking-believable this Josh guy. He's pulling off scam after scam and nobody has stopped him yet... How much more is he going to swindle from people before the law catches up with him ? an admission that he is dumping XPY on the exchanges. But, of course he is dumping massive amounts of XPY into the market to get BTC, which he then uses to buy XPY....  |
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Muuuuhhhh! Hard to beat that as a deluded post title. I wonder how many apply?  Probably the only test Homero has ever scored 100% on. I would say that he even qualifies for extra credit on this one. |
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https://hashtalk.org/topic/35750/if-paybase-was-shut-down-by-doj-there-would-be-a-doj-fbi-message-on-the-homepage/14If Paybase was shut down by the DOJ they would have taken control of the domain paybase.com. They would have replaced the homepage with a page that says Paybase was seized by the DOJ or that the FBI was investigating or whatever.
Since the homepage is normal we can be assured that the articles are false.
Are you all such lemmings that you believe everything you read in the "false" media?
Then further down, some asks GAWCEO directly if he's being investigated by SEC... no response yet. Since this document ( http://www.scribd.com/doc/260708659/Securities-and-Exchange-Commission-Subpoena-of-GAW-Miners ) explicitly states "investigation" into GAW Miners, LLC ... wonder how he'll spin it? Some on there said that it's a GOOD thing he's being investigated because that means that he's big enough for them to care about what he's doing. Now, that's such a cute way of looking at it... bet the SEC wishes EVERYONE felt that way when they're investigated. I have no idea if the following post is legit or not: quick update
I have officially resigned from my duties @ gaw. DOJ is true they have come in and even confiscated my personal macbook air and galaxy note 4 mobile so yes i am going to take charges against gawminers, they even owe me for the last 4 for my work , the news has gone out to investors also and they are also taking action against gaw , sec have found hundreds of forged documents/emails. Matlack is also part of the scam and he is the sole owner of at east 5 prime controllers without paying a single cent. april 8 is when everything shuts down. Once I get my macbook back if i do i will post some documents that i saved which will show everyone the amount of corruption. i am being served to provide evidence against gawminers at court however received countless threats from gawminers in relation to this i am heading to police to ask for protection until the court time is up. when the price of paycoin goes down garza makes an announcement to bring the price back up everytime. in reality there is and will not be any new features uptades if you are reading this right now convert all your paycoin to btc whilst you can and move on because in the next few day price will hit 0.000001, we were forced to get paid in paycoins at the start so in the end all the work i have done costed them $86 where it should be $10000 range
very sad
Jake
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I hate to say it, but there is a way he could pull his chestnuts out of the fire... I won't post it publicly, but if anyone sends me a pm, i'll send you some info. I would like to know if it would work or not.
(yes, and I know that request isn't creepy at all... but there is no way I'm posting a solution for him to read... and I'm only going to respond to people with a posting history that is compatible with my concerns)
Does it involve plastic surgery? |
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Seems off topic?
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Any ideas how the coinstand 20% discount works supposing it does work? I'm guessing HJG is just using his staked coins to make up the difference to encourage people to buy more coins? He stakes 350%, sells coins to make up the difference and then sends your item for what you would normally pay for it.
All the math works when you remember that Josh's coins were/are literally created out of thin air. when people buy coins to use on coinstand, they are giving Josh free money, he will give some of it back to string this along to dump the rest of his coins. The math actually doesn't work, because to get the $ required to do the Amazon purchase requires dumping the XPY back into the market. Example: A customer purchases $1000 in XPY and then purchases a $1,200 laptop through Coinstand. Coinstand (Homero) then has to dump that $1,000 back into the market. There is no profit there for old Joshy, only a 20% loss. This would also quickly remove all buy bids in the exchanges that Josh dumps into all day every day. Then you would have people gaming the margin. Two ways I can think of off the top of my head would be to purchase something with instant ~100% resale value (Gold/Silver) and then repeat over and over, each time you would have ~20% more to do the transaction. This would break the system very quickly, only being slowed by delivery times. The other obvious way would be to pump the XPY price before making a major purchase, and could be done in conjunction with a buy/resale game. Example: Customer purchases $20,000 worth of XPY by putting up Buy Bids on the market and getting Homero (and whoever else is dumping endless XPY) to sell to you, which makes the price stay level or go down slightly. Then you take $5,000 worth of BTC and pump the price of Paycoin ~20%, and then make your purchase, and at the same time dump the XPY you bought to pump (taking a slight loss) OR, spend all $25,000 at the inflated price. Net effect would be to be able to purchase at ~40% off on 100% value resalable items (Gold/Silver-etc). With a couple day turnaround on investment you I would very quickly bankrupt the system. Your mistake is thinking that they are going to let people spend 20k worth of coins on coinstand. Call me when that actually happens. Even the beta users were limited to 1k, spend 1k per beta user to get the price out of the dumpster it was in. Same will happen now. Expect future delays and other assorted bullshit to actually stop people from spending money on coinstand. Not even all the guys who were "allowed" to purchase at $20 got their stuff, no one will get stuff with this. Some cheerleaders will make some purchases and crow about it, but it will not work as advertised, like every other GAW product. Every announcement GAW has ever made has been with the idea in mind to drag this out a little longer and allow Garza to continue to shear the sheep. They can afford to give some people the 20% because they are literally printing money. Anyone that wants to get xpy to use at coinstand will be giving josh $$ or btc that he wouldn't get without coinstand. Dude, I am well aware that Coinstand is just a Hype con to help keep Paycoin alive for another week or two, and that real purchases will not happen, and if they do there will be severe restrictions on how much you can spend. I have stated EXACTLY that several times in the past couple days. What I was doing was demonstrating exactly why it would never happen. Please read and try to comprehend what you have read before jumping to conclusions FFS. Edit to add: Example Here is a post I made minutes before your post, Phildo. The point I was making is that if this 20% XPY discount scheme were implemented it would definitely tank the price of XPY (The accepted XPY must be dumped back into the market, this would drive the price down) and it would also very quickly bankrupt Josh/Coinstand. Even accepting such an easy to manipulate coin at market value would do this, the 20% discount just tells you that this is another pure hype scheme. If it is implemented at all it will be some handpicked Asskisser's, and even then they will have limits on what they can buy and spend.
But hey, the Hastalker morons believed Josh when he announced they would all be able to spend their XPY @ $20 each on Coinstand, so these are some seriously deluded fools that will believe just about anything their savior says.
P.S: I have not yet seen any conclusive proof that any purchases actually occurred through Coinstand. From what we have seen it is more likely that Josh hand picked the "orders" and then completed the purchases for his shills using his personal Amazon account.
Does it sound like I am getting all excited about being able to make big BTC gaming Coinstand, or does it sound like I am explaining exactly why what is being presented as the operating model for Coinstand is complete and total bullshit? |
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The point I was making is that if this 20% XPY discount scheme were implemented it would definitely tank the price of XPY (The accepted XPY must be dumped back into the market, this would drive the price down) and it would also very quickly bankrupt Josh/Coinstand. Even accepting such an easy to manipulate coin at market value would do this, the 20% discount just tells you that this is another pure hype scheme. If it is implemented at all it will be some handpicked Asskisser's, and even then they will have limits on what they can buy and spend.
But hey, the Hastalker morons believed Josh when he announced they would all be able to spend their XPY @ $20 each on Coinstand, so these are some seriously deluded fools that will believe just about anything their savior says.
P.S: I have not yet seen any conclusive proof that any purchases actually occurred through Coinstand. From what we have seen it is more likely that Josh hand picked the "orders" and then completed the purchases for his shills using his personal Amazon account.
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