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msarro
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January 25, 2015, 06:59:43 AM |
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After learning that some poor lady bought $24000 worth of paycoin at $14 a piece, I thought I'd never say this....I hope we are all wrong just for the investors sake. History and SEC investigations don't help any though. Some people on that forum were mentioning some people actually took out loans to buy this turkey.
And that sell wall(80BTC), I was watching in real time burned through in around 2 min, due to the relative small size I'd say it's an individual. If it were GAW themselves it would be more like 500BTC or 1000BTC to stop the losses. I've never seen that ever period. I guess there may be some money to be made if you wait until it tanks more and then sell slightly up at the inevitable mini-pump before Feb 1st's "announcement" whatever that is. Man...those poor people. We've all been burned at one time or another but wow.
Yup, it sucks. But it's a good thing to keep in mind whenever you make an investment. It can always go south, hedge your bets. Think about the max you can lose comfortably, and use half of that. Don't ever borrow cash unless you know for a fact you can pay it back without a problem. I mentioned that once on hashtalk and that fuckface rootdude ripped into me because I was "acting high and mighty" because I suggested people be careful. I got tempbanned because I offered good investing advice. He starts verbally assaulting people and gets made into a mod. Here's hoping his GAW pumping earns him a nice place in hell next to Homero. |
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bitcoinnoisseur
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January 25, 2015, 07:09:31 AM |
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After learning that some poor lady bought $24000 worth of paycoin at $14 a piece, I thought I'd never say this....I hope we are all wrong just for the investors sake. History and SEC investigations don't help any though. Some people on that forum were mentioning some people actually took out loans to buy this turkey.
And that sell wall(80BTC), I was watching in real time burned through in around 2 min, due to the relative small size I'd say it's an individual. If it were GAW themselves it would be more like 500BTC or 1000BTC to stop the losses. I've never seen that ever period. I guess there may be some money to be made if you wait until it tanks more and then sell slightly up at the inevitable mini-pump before Feb 1st's "announcement" whatever that is. Man...those poor people. We've all been burned at one time or another but wow this is almost criminal.
ABSOLUTELY NOT do I hope we are all wrong for anyone's sake. Anyone that dropped that kind of money into Paycoin @ $14 and held is a complete fucking moron and deserves to lose their money. They had to have done absolutely no research whatsoever outside of HT if they did any at all. Guess what? Poor ladies don't have $24,000. I feel sorry for no one that got into anything GAW that late in the game. The only ones that did that acted out of pure greed and ignorance. They need to learn a lesson. However, Josh still is at fault for his countless lies and should be forced to forfeit anything and everything he has when paycoin, paysave, paybase, payflash and paywhateverthefuckhemakesupnext finally crumbles to the ground. |
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tmpwhore
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January 25, 2015, 07:09:52 AM |
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I'd have to agree with you msarro. What's even worse is when paycoin was at $14 Josh was all over the internet pontificating on how "cheap" it was right then and that everyone should buy it(red flag). Hence the poor lady with her 24K investment now worth about 2.5K. I know people should be careful but some people are new to this crypto world and if you're telling them to buy your shit and it dumps, after you all but guarenteed them they would buy it back for $20 a piece then go on a mad dash to erase that promise you got to wonder how ethical the whole coin was in the first place. I really do it goes up even to .016 or .02 just so some people can escape with some sort of dignity. I hope the SEC nails this guy right to the wall and seize his assets to be distributed amongst the investors. Don't worry he'll have a new "spouse" in jail. THen maybe he'll get a taste of what the feeling of investing in his coin was to many who believed his promises.
A simple guage would be if his coin is so great, why does he need bodyguards?
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TheMage
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January 25, 2015, 07:11:01 AM |
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That's not me. My nick is a play on the doge meme of course, but someone else could have easily had the same idea. And I'm not a coin developer by any stretch of imagination, let alone Doge developer  I also have no clue who that muppet below is. Something to do with the allcryptocoins/1024KB shilling that was going on here? If so, then that idiot just dug the hole deeper. I might even be bothered to get off my ass and teach him a lesson of how interwebs and law enforcement actually works. dogecoin developer LOL I found this today but forgot to post it after the site came back up. Suchmoon do you think you know who this guy is and what he's referring to? https://ihb.io/2015-01-23/news/coin-fire-hacked-15795jonmakun • 14 hours ago Its great "taken over by GAW supporters"... I love that this happened, but what evidence is there that gaw supporters did this? I have real evidence that coin fire supporters have posted erroneous personal information about me. As well as defamatory posts created by dogecoin developer suchmoon. They have created fake personal adds for me. Linked personal info as if I did anything wrong besides complained with vulgar language they used themselves! This crypto needs law enforcement to step in. Wild west is a poor representation, more like the mafia. Reddit posters, as well as bitcointalk.org posters need to be investigated for manipulating assests in a group manner solely for the intent of malic They said i was the litecoin founder lol...... BTW stop posting so much! I had to skip like 30 pages. Going to read the last 10 pages for shits and giggles  . |
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msarro
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January 25, 2015, 07:19:07 AM |
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After learning that some poor lady bought $24000 worth of paycoin at $14 a piece, I thought I'd never say this....I hope we are all wrong just for the investors sake. History and SEC investigations don't help any though. Some people on that forum were mentioning some people actually took out loans to buy this turkey.
And that sell wall(80BTC), I was watching in real time burned through in around 2 min, due to the relative small size I'd say it's an individual. If it were GAW themselves it would be more like 500BTC or 1000BTC to stop the losses. I've never seen that ever period. I guess there may be some money to be made if you wait until it tanks more and then sell slightly up at the inevitable mini-pump before Feb 1st's "announcement" whatever that is. Man...those poor people. We've all been burned at one time or another but wow this is almost criminal.
ABSOLUTELY NOT do I hope we are all wrong for anyone's sake. Anyone that dropped that kind of money into Paycoin @ $14 and held is a complete fucking moron and deserves to lose their money. They had to have done absolutely no research whatsoever outside of HT if they did any at all. Guess what? Poor ladies don't have $24,000. I feel sorry for no one that got into anything GAW that late in the game. The only ones that did that acted out of pure greed and ignorance. They need to learn a lesson. However, Josh still is at fault for his countless lies and should be forced to forfeit anything and everything he has when paycoin, paysave, paybase, payflash and paywhateverthefuckhemakesupnext finally crumbles to the ground. Let's be fair here. A lot of folks got into GAW when zencloud was still paying top dollar as far as cloud mining goes. That was my case. I sunk about $2k in and enjoyed about 2 weeks of $20/day payouts. Then over the course of 2 weeks that dropped down to about $6/day. Then $2/day. The option to at least try to get ROI with paycoin made sense. I mean, it's not unheard of in securities for early adopters to get preferential prices (up to and including free). Up until then what we knew was that, while GAW had had some troubles in the past, they were taking and fulfilling orders for real hardware, they had datacenters, they had a physical location in the US and were inviting people to visit, and they had a confirmation from bitmain that they had massive hashpower on order. There was a lot of evidence in their favor - especially if you're someone on HT who is fully immersed in the echo chamber. The folks who are out 24k are still out 24k. That's enough punishment. They don't need folks calling them fucking morons and making it worse. They know full well that they made a bad choice. |
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tmpwhore
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January 25, 2015, 07:21:50 AM |
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Well how I see it is if it was just GAW's problem. Who gives a fuck? However this shines a bad light on the whole crypto world including bitcoin. It may stall price increases for bitcoin or slow mass adoption. Every time some company in the crypto world fucks up it affects us all, even in a small way. That lady who lost a shitload will probably never invest again in crypto or at least wait. And I'm sure she is going to be running around hollaring to high heaven so other people around her are not going to either. They'll say "Geez look what happened to Hellen...Bitcoin? Hell no."
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bitpop
Legendary
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Activity: 2912
Merit: 1060
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January 25, 2015, 07:23:18 AM |
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They made a bad choice betraying Bitcoin
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msarro
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January 25, 2015, 07:26:02 AM |
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They made a bad choice betraying Bitcoin
lol, some of us were mining bitcoin with GAW at the same time we were mining the hashpoints. Funny enough, 10GH of sha still sells for ~$3 there, and with the low low maintenance fee of $.02! |
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bitpop
Legendary
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Activity: 2912
Merit: 1060
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January 25, 2015, 07:32:22 AM |
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They made a bad choice betraying Bitcoin
lol, some of us were mining bitcoin with GAW at the same time we were mining the hashpoints. Funny enough, 10GH of sha still sells for ~$3 there, and with the low low maintenance fee of $.02! Yeah I would have dumped instantly when they started giving me shitcoin |
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mcni77
Member
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Activity: 100
Merit: 10
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January 25, 2015, 07:40:12 AM |
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 Looks like Josh is trying to pump his coin again with more vague promises with no timelines. This guy never takes any responsibility whatsoever. It's all the fault of the naysayers, the dumpers, the lawyers, everybodys fault but Josh's... https://hashtalk.org/topic/30213/small-updateGAWCEO Small Update I am working with the development team to provide a timeline here that breaks down all the features. Here is a summary update: The majority of the "gap" in our features has been for compliance. With the added attention, we decided to speed up our compliance process to make sure it was all in place before we needed it. It required building our features out of the original order. I know everyone wants it now, but it will serve us in the long haul. We are in a waiting pattern to get our final debit card approval. All paperwork is done and initial applications have been accepted. We are waiting for the final go ahead with will allow for international physical wallets and e-wallets. A BETTER replacement for PayFlash is coming, stay tuned. (think......what could be better ) We are finishing the integration with 3 different payment gateways. We are at their speed right now I know from the outside, it sees like not a lot is happening. Nothing could be further from the truth, we have never been busier. But, I would be remiss if I did not say we have held back due to the current "climate". We had to make sure we were not taking any unnecessary risk. We have recently hired one of the best legal firms in the country to represent our regulatory compliance and litigation. They are going through every feature to make sure we are 100% compliant. We have to watch every move we make. So whats that mean to you? Two things. One, you can count on us being around. I think we will see MANY crypto companies be shut down soon. The government agencies are collecting information on all large crypto companies. Those that hold back, and do things correctly, will survive. Two, many of the features will hit at once and with no warning. Be ready
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bitcoinnoisseur
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January 25, 2015, 07:40:29 AM |
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After learning that some poor lady bought $24000 worth of paycoin at $14 a piece, I thought I'd never say this....I hope we are all wrong just for the investors sake. History and SEC investigations don't help any though. Some people on that forum were mentioning some people actually took out loans to buy this turkey.
And that sell wall(80BTC), I was watching in real time burned through in around 2 min, due to the relative small size I'd say it's an individual. If it were GAW themselves it would be more like 500BTC or 1000BTC to stop the losses. I've never seen that ever period. I guess there may be some money to be made if you wait until it tanks more and then sell slightly up at the inevitable mini-pump before Feb 1st's "announcement" whatever that is. Man...those poor people. We've all been burned at one time or another but wow this is almost criminal.
ABSOLUTELY NOT do I hope we are all wrong for anyone's sake. Anyone that dropped that kind of money into Paycoin @ $14 and held is a complete fucking moron and deserves to lose their money. They had to have done absolutely no research whatsoever outside of HT if they did any at all. Guess what? Poor ladies don't have $24,000. I feel sorry for no one that got into anything GAW that late in the game. The only ones that did that acted out of pure greed and ignorance. They need to learn a lesson. However, Josh still is at fault for his countless lies and should be forced to forfeit anything and everything he has when paycoin, paysave, paybase, payflash and paywhateverthefuckhemakesupnext finally crumbles to the ground. Let's be fair here. A lot of folks got into GAW when zencloud was still paying top dollar as far as cloud mining goes. That was my case. I sunk about $2k in and enjoyed about 2 weeks of $20/day payouts. Then over the course of 2 weeks that dropped down to about $6/day. Then $2/day. The option to at least try to get ROI with paycoin made sense. I mean, it's not unheard of in securities for early adopters to get preferential prices (up to and including free). Up until then what we knew was that, while GAW had had some troubles in the past, they were taking and fulfilling orders for real hardware, they had datacenters, they had a physical location in the US and were inviting people to visit, and they had a confirmation from bitmain that they had massive hashpower on order. There was a lot of evidence in their favor - especially if you're someone on HT who is fully immersed in the echo chamber. The folks who are out 24k are still out 24k. That's enough punishment. They don't need folks calling them fucking morons and making it worse. They know full well that they made a bad choice. They are out of that 24k because they were greedy and ignorant. If they weren't they might only be out 2.4k. I don't give a rats ass what they need or don't need at this point. If they had made 240K, which some have, they would still be badmouthing and shitting on everyone that ever questioned Josh. Enough people here went far out of their way to warn anyone and everyone but all they saw was quick $$$. They refused to do any research and took the word of one man, who had lied over and over and over and under-delivered, as gospel. They get no respect from me and no sympathy. If you really feel so bad for them why don't you offer to help them out? |
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porkchopsandwiches
Newbie
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Activity: 1
Merit: 0
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January 25, 2015, 08:03:35 AM |
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Nobody noticed the original post and its clever use of the word complacency? I chuckled. Didn't he learn his lesson about typing his own announcements? http://puu.sh/eZLVb/6fe762be53.png |
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bitcoinnoisseur
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January 25, 2015, 08:19:01 AM |
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Nobody noticed the original post and its clever use of the word complacency? I chuckled. Didn't he learn his lesson about typing his own announcements?  Thanks Josh for letting everyone know that you had to hire one of the best legal firms in the country for litigation. That's really comforting. I can't wait to find who the "best" is. Josh thinks everything he does or has is the best. |
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bitpop
Legendary
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Activity: 2912
Merit: 1060
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January 25, 2015, 08:26:33 AM |
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He just confirmed he's being investigated. But lied by saying all companies are being investigated and only his will survive.
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mcni77
Member
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Activity: 100
Merit: 10
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January 25, 2015, 08:40:03 AM |
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He just confirmed he's being investigated. But lied by saying all companies are being investigated and only his will survive.
I thought the same thing when I read that. |
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drasted
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January 25, 2015, 08:44:25 AM |
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We are in a waiting pattern to get our final debit card approval... We are waiting for the final go ahead with will allow for international physical wallets and e-wallets. What does that mean. How does getting debit card approval allow for physical wallets? A BETTER replacement for PayFlash is coming, stay tuned. (think......what could be better ) Absolutely anything. |
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mcni77
Member
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Activity: 100
Merit: 10
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January 25, 2015, 08:47:23 AM |
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On another note, I came across a pic of Josh trying to maintain that $20 buy wall during the launch of Paycoin  |
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keshuker
Sr. Member
Offline
Activity: 395
Merit: 250
aka. dibdab
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January 25, 2015, 08:53:15 AM |
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We are in a waiting pattern to get our final debit card approval... We are waiting for the final go ahead with will allow for international physical wallets and e-wallets. What does that mean. How does getting debit card approval allow for physical wallets? A BETTER replacement for PayFlash is coming, stay tuned. (think......what could be better ) Absolutely anything. Straight 100 % premine dump to 1 satoshi would probably be a "better" way to crash the price actually. PayCrash did not get it to 1 sat. |
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bitcoinnoisseur
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January 25, 2015, 08:55:46 AM |
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He just confirmed he's being investigated. But lied by saying all companies are being investigated and only his will survive.
That's a rather broad stroke he painted with "large crypto companies". He only wishes there were many real, large crypto companies under investigation. Then his bullshit might seem trivial. He still believes he and GAW are big. Sorry there lil Joshy but your no show in Miami and your pathetic request for an email public debate solidified that you and everything you do is small fucking potatoes. You never were anything and you never will be. You have had your 15 mins of fame which you tried to parlay into many more but it's over. It is time for you to crawl back into oblivion and return to scamming rural New Englanders for nonexistent high-speed wireless and ripping off ebay customers. Things are going to come full circle for you lost little boy. That's assuming you don't end up in prison. That's one hell of a journey from a million dollar bid on BTC.com to doing a bid. |
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bitcoinnoisseur
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January 25, 2015, 08:58:29 AM |
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We are in a waiting pattern to get our final debit card approval... We are waiting for the final go ahead with will allow for international physical wallets and e-wallets. What does that mean. How does getting debit card approval allow for physical wallets? A BETTER replacement for PayFlash is coming, stay tuned. (think......what could be better ) Absolutely anything. OR nothing at all. If you had nothing then it couldn't crash and fail. |
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