Mazacoin ** FAKE Sovereign Currency **

[Herp]

Price action Mazacoin is now experiencing is called a bull trap http://www.investopedia.com/terms/b/bulltrap.asp

Definition of 'Bull Trap'

A false signal indicating that a declining trend in a stock or index has reversed and is heading upwards when, in fact, the security will continue to decline.

Investopedia explains 'Bull Trap'

A bull trap often causes some investors to buy the stock, but because the stock continues to decline after the initial signal, those who bought in are "trapped" in a bad investment.

[Etanllah]

I'm so jealous...I wish I had Herp's parents. Not having to worry about money and just flame in a forum all day would be the life.

Edit: "Shill Acct!"

[Herp]

I'm so jealous...I wish I had Herp's parents. Not having to worry about money and just flame in a forum all day would be the life.

Edit: "Shill Acct!"

Date Registered:    March 05, 2014, 03:27:30 PM

You Mazacoin people are embarrassing yourselves with all these troll accounts you make.

[flobdeth]

Interesting news worldwide about the Mazacoin, this is scam for you?

You really need to learn how to read, most of the news has been promoted by no one except the scam artist creator.  Everything I've read coming from actual "tribal" leaders is they know nothing about this P&D garbage.

But meh, your money.  Crypto is so full of "dumb money" it's hilariously easy to take from you all

[Herp]

Just got some interesting PMs with fresh information

Hey man,

I admire they way you are trying to bring light to the MazaCoin scam.

I'm with you.

Don't know how much of this you have seen already -- couldn't make it through the 100's of pages of threads.

One of Payu's previous endeavors:

http://www.gofundme.com/4uridc


The link for the BTC Oyate Initiative (which holds 25 million coins) goes to a dead site -- hyjinxentertainment.com

Payu has admitted he owns this site.

If you google site:hyjinxentertainment.com  you will see that they are selling Mazacoin from that site.

But it's not the premine coin.  Of course not...

Also interesting, take a look at the archive of hyjinxentertainment.com

http://web.archive.org/web/20130503114650/http://hyjinxentertainment.com

Check it out and let me know what you think.

I am determined to take these scammers down.

J

What's interesting in this info among other things is that on hyjinxentertainment.com Payu sells Mazacoin for $1, when price is MUCH MUCH LOWER. Scammer all the way.

How can fanboys defend this? Also notice the clear lie "MZC it's unique value is it's place in history as the first ever crypto currency for a Sovereign tribal state." in the text.  Payu lied knowingly in several places including on camera. How can his fanboys say he didn't make such claims?

Kimitsu Asset Management analysts set MZC price at $1.00

KAM Analysts have come out and established the opening price for MZC at $1.00 USD as a opening price. "We felt this was a reasonable opening price with the Alt Market the way it is currently, Dogecoin is setting around $1.17 in some exchanges and MAXcoin is still right around $1.28. Mazacoin at $1.00 provides for a stable base for future growth in valuation what gives MZC it's unique value is it's place in history as the first ever crypto currency for a Sovereign tribal state. As well as a meduim of exchange it is also a expression of our Treaty Rights, which we still uphold today.

[Zackgeno96]

can we put this scamming pos in jail for life???

[murraypaul]

How can fanboys defend this? Also notice the clear lie "MZC it's unique value is it's place in history as the first ever crypto currency for a Sovereign tribal state." in the text.  Payu lied knowingly in several places including on camera. How can his fanboys says he didn't make such claims?

I actually think he has been pretty careful here not to actually lie.
It is the 'first crypto currency (created) for(, but not yet adopted by,) a Sovereign (,for some definition of that word,) tribal state'.

[Herp]

Got another pm making an interesting point:

He provides the address on the website for the 25 million supposedly being held by the BTC Oyate Initiative.

However, he admitted that he has these coins in cold storage -- sitting on his desk!

The other 25 million that was supposedly mined by the tribe -- who knows.  I'm not familiar enough with block chain exploration to try to track them down.

But in any case, it doesn't really matter.

The point is that these 50 million coins are NOT being held by the tribe.  The are not being held by the "Initiative" group (the initiative is just Payu.)

They are being held by the developers personally.

They could dump them at any time.

They could pull a Mt. Gox.

The possibilities are endless.  If they were in fact being held by the tribe, or by some organization that is obligated to distribute them to the people, I would have no problem with the whole thing.

But that certainly does not seem to the be intention here.

Honestly, man, I really hope this comes to an end sooner rather than later.  If it gets too big, when it falls apart it's going to draw huge government attention and be used as a justification for regulation.

J

What this pm doesn't address, however, is the instamine that AnonPirate, Boxxa and Payu hold as personal stash.

[Herp]

Price action Mazacoin is now experiencing is called a bull trap http://www.investopedia.com/terms/b/bulltrap.asp

Definition of 'Bull Trap'

A false signal indicating that a declining trend in a stock or index has reversed and is heading upwards when, in fact, the security will continue to decline.

Investopedia explains 'Bull Trap'

A bull trap often causes some investors to buy the stock, but because the stock continues to decline after the initial signal, those who bought in are "trapped" in a bad investment.

As I was saying in the above post and in here few days ago https://bitcointalk.org/index.php?topic=494105.msg5629121#msg5629121 ...

[niothor]

Why the hell did you start a moderated thread if you allow so many shills in it?

[Herp]

Why the hell did you start a moderated thread if you allow so many shills in it?

Shills are people too.

I will only delete spam posts and those with obscene big letters. I've deleted one spam post so far copy/pasted post of what a dude already posted.

[Herp]

Looks familiar? https://www.facebook.com/cherie.blackfeather/posts/10201591811550308

[Herp]

Boxxa and AnonPirate the very same person?

Boxxa mentioned on his twitter feed few times he runs 2 businesses so he's not your casual paid coder. He's also a hardcore trader if you look at his previous postage and crypto mining geek.

http://who.is/whois/cryptodirect.info
https://twitter.com/CryptoDirect
https://twitter.com/boxxa/status/296102516037390337

Boxxa From Buffalo NY City
https://twitter.com/boxxa/status/437046862999453696
https://twitter.com/enjoybuffalo
+ other NY Buffalo related tweets

He probably met with Payu during his NY visit.

What's lame is that Boxxa distanced himself from AnonPirate when it came to MapleCoin launch, saying he didn't agree with the timing. He was lying through his teeth.

[Herp]

...and when you think it can't sink lower

https://www.facebook.com/TarSandsAction/posts/724537677575947

[c3ntrx]

can we put this scamming pos in jail for life???

I met Payu at Bitcoin Center in New York. He gave me a paper wallet for $100. I went home and couldnt import the keys. The next morning I saw he emailed me. He said anyone with problems importing just send him the last 4 of the public and he'd transfer it to the exchange. I sent him my wallet address and you know what, the man kept his word and next time I checked there were coins.

Yeah I bought a sh*tload more, yeah I lost money - so far.

Payu kept his word which means alot. Whether he pulls this off or not who knows. Ive met alot of con men in my time and yes Payu does have some of those traits (sorry bud) however I have never met a shrewd businessman that didnt have a good game.

He gave me his personal info, phone etc, howevver I will not throw him under the bus or to the wolves here. Fact is I think I may pick up more coin now that its cheap again.

I'm a good judge of character, I do believe Payu has his head in the right place. Worse case scenario you made an indian a millionaire. Didn't he deserve it though, the hustle, the ingenuity? I think a man like that deserves more credibility than you are giving here. This guy is fighting lots of roadblocks and instead of bashing him we should give him the support of the community. I mean lets call a spade a spade, bitcoin would have never taken off unless the shadows gave it momentum.

[Herp]

@c3ntrx

Fair enough. There is a chance he's legit.

However, how do you explain the FB accusations regarding his previous fundraisers. Other natives have openly called him a scammer. He didn't bother debunking such claims.

[c3ntrx]

@c3ntrx

Fair enough. There is a chance he's legit.

However, how do you explain the FB accusations regarding his previous fundraisers. Other natives have openly called him a scammer. He didn't bother debunking such claims.

Herp, I never said he came off to me as not a scammer, fact I must say he came off as a true hustler (and he even admitted it!). Fact is  right now Payu has the worlds attention. Yes he can do a Bernie Madoff and we will all be out some btc, no big deal...

Right now Payu is probably the most powerful Indian in his nation. He can step up and become a Leader of his people. I see that in him. I fully support him doing this. I hope he realizes this coin is just a small step in the direction he could take his nation and hope greed does not hinder the height in which things could go.

That being said I am buying some more. Dont let me down Payu, you can make history.

[Relnarien]

How many of the Lakota people are actually mining these coins though? The answer to this question is the first and most obvious sign of where this coin is actually heading. A coin can't be the sovereign currency of a tribe if no one in the tribe holds even a single piece.

[c3ntrx]

How many of the Lakota people are actually mining these coins though? The answer to this question is the first and most obvious sign of where this coin is actually heading. A coin can't be the sovereign currency of a tribe if no one in the tribe holds even a single piece.

Who knows,

maybe they will give them out or bankroll a casino.

He stated he wanted to use the coins publicly for the community.

I guess time will show Payu for what he is. Hopefully he can lead his people. Though he told me most of his people lost the ambition to hustle for themselves.

[genba]

@c3ntrx

Fair enough. There is a chance he's legit.

However, how do you explain the FB accusations regarding his previous fundraisers. Other natives have openly called him a scammer. He didn't bother debunking such claims.

Herp, I never said he came off to me as not a scammer, fact I must say he came off as a true hustler (and he even admitted it!). Fact is  right now Payu has the worlds attention. Yes he can do a Bernie Madoff and we will all be out some btc, no big deal...

Right now Payu is probably the most powerful Indian in his nation. He can step up and become a Leader of his people. I see that in him. I fully support him doing this. I hope he realizes this coin is just a small step in the direction he could take his nation and hope greed does not hinder the height in which things could go.

That being said I am buying some more. Dont let me down Payu, you can make history.

>he appears to be a scammer
>he admits to being a hustler
>i'm buying more!
>5 posts on account

pt barnum's quote needs to be updated. there's a sucker born every second.