GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :)

[welchy8764]

the only one that knows who owns those controllers is garza. adam matlock and rishab jain are names that have come up as owning controllers, but that's YMMV

Ok, so clearly then, one would automatically assume insiders own them all.  

So as time increases, inflation increases exponentially for outsiders in real terms while the inflation is only felt on a nominal basis for insiders - they're holding digital Gold while everyone else is holding [rotting] digital potatoes.  lol

I can't believe I didn't think of this!  haha

So where is the inflection point?  If this is true and they own all the prime controllers and 99% of the staking XPY, where is their wealth at a sufficiently high enough variance compared to the masses that it would make sense to pump millions into Phase II?


This is so cleverly done that it actually wasn't done in haste like I also assumed - this actually requires some serious financial engineering to put together.  More than I could have thought of and I'm a clever asshole with decent understanding of Economics.

Which once again points to a much bigger plan than just lying to your own customers and dumping on them and going to jail.

No, that plan just doesn't add up in this case.

I see nothing so far that says this is a crappy Mickey Mouse 2 month scam.  Everything I see points to a bigger plan.  How big or how legit that plan is remains to be seen but if I had BTC I would be buying here and I have.


Cheers!

It doesn't matter what the economics are and the design if there is no reason for this coin to exist.. Simple as that

[1714557689]

1714557689

[1714557689]

1714557689

[1714557689]

1714557689

[1714557689]

1714557689

[SDRebel]

I'm starting to question your ability to understand code...

I thought I was clear.  I don't know a single line of code.  I went to school for Economics and Finance. 

I have No programming skills at all.  ZERO!

But I took a lot of math in school so I understand compound interest, etc.

I was simply trying to understand who was getting the bulk of that 10% monthly inflation and now it's clear that it is the people that have accumulated the most XPY.

I was trying to figure out if Garza had reason to accumulate or if he dumped his coins like most people here say.

My feeling is that he must be buying - that's what I would be doing if my coins would be staking such an enormous interest and on top of it if I had a huge premine.

So then, Garza could have gone from 95% ownership to 99% if he has been buying up like I think he is.

This supports my theory that XPY will skyrocket past $20 very soon.

Thanks for your work in clarifying this stuff.


Cheers!

Those who own the controllers get most of the yield. They are making a ton of xpy on top of what they already have. There's no need for them to buy more when they make more and more.
Those conned investors and brainwashed probably do most of the buying

[strangerdanger101]

It doesn't matter what the economics are and the design if there is no reason for this coin to exist.. Simple as that

Well the reason for the coins existence was to exit the hashlets ponzi other than that you are correct, there is no good reason for XPY to exist.

[Vlad2Vlad]

It doesn't matter what the economics are and the design if there is no reason for this coin to exist.. Simple as that

This is not true.

Bitcoin will get the ETF soon and the price will surge past $10,000.  Bitcoin will be too expensive to use as a daily currency, too slow and can not scale fast enough.

Looking at the raw design of XPY, including its inflationary design, it would be ideal as a daily currency.  The insiders would constantly control enough of the currency to keep it sustainable and to also keep it from getting 51'd, like Bitcoin got 51'd last year.

There will be multiple currencies later this year which will fight to be the daily use currency, replacing the job Bitcoin will not be able to fulfill. 

You only have to guess one of these candidates to make millions of dollars.

[Vlad2Vlad]

Those who own the controllers get most of the yield. They are making a ton of xpy on top of what they already have. There's no need for them to buy more when they make more and more.
Those conned investors and brainwashed probably do most of the buying

This is a possibility but ask yourself, would you rather be dumping millions of XPY at 5 cents [which is where XPY will be soon if this is indeed a scam] or would you rather have a viable plan and sell at a much higher price?

Good thing about XPY is things are moving fast so we'll know in 30-60 days.

[buddhamangler]

Bitcoin will be too expensive to use as a daily currency, too slow and can not scale fast enough.

LOL

[Fargo]

Those who own the controllers get most of the yield. They are making a ton of xpy on top of what they already have. There's no need for them to buy more when they make more and more.
Those conned investors and brainwashed probably do most of the buying

This is a possibility but ask yourself, would you rather be dumping millions of XPY at 5 cents [which is where XPY will be soon if this is indeed a scam] or would you rather have a viable plan and sell at a much higher price?

Good thing about XPY is things are moving fast so we'll know in 30-60 days.

Well given the rate of price dropping it will be at 5 cents soon. what are we averaging now? - $0.10 a week? not to mention the ceo posted a thread saying " do you guys want the buy back program or a super huge merchant to accept xpy first?"

then proceed to hand paycoin off to someone else.

I imagine all those big holders praying for the buyback will dump soon.

[suchmoon]

Bitcoin will be too expensive to use as a daily currency

Horrible predicament. Apparently they didn't teach fractions in your school of Economics and Finance?

[GAW]

VLAD I apologize but your payment will be late this week. I will have a Q&A on the situation sometime this summer.

[Phildo]

Let me put it in simple terms what I see.

This coin was designed to reward insiders at a massively exponential rate while at the same time inflating the holdings of outsiders consistent weakening them as time goes on.  

This points to a design of accumulation of wealth.  This is fiat.  Bitcoin is fiat but in reverse, deflation instead of inflation which has the same end result, the rich get richer and the poor more poor.

You wouldn't need such a complex scheme for a simple lie and pump and dump plan like everyone is implying.

I personally had a plan to launch a coin backed by like 50% by gold but what held me back is that it was not economically feasible if outsiders would hold most of the coins.  They would quickly sell their coins for gold and bankrupt me and the rest of the loyal coin holders.

So if you launch a coin and you have a huge plan which requires a massive investment then you need a mechanism, a design which allows for you, the one paying the millions for PR and development, to constantly be increasing in strength or at least not getting weaker as people dump into the value you are creating.

Do you guys understand this?  There is no way to create a valuable asset out of thin air in any other way.  Bitcoin is valuable cause of perception but insiders there too are manipulating now to grab it all before they start pumping big money into it.


It looks bad but this is how fiat works too which I know is a horrible example but would you put millions of your dollars into a coin if you couldn't control its value and stay in control?  If people would just dump it to zero and move on and leave you with a massive loss?

XPY looks designed to me for a bigger, longer term plan.  I just can't believe Garza didn't foresee this kind of outrage over the design and definitely the crappy customer service and bad PR.  




Brilliant design but very Poorly executed.



Edit:   Let me also say XPY is perfect for short term holdings.  As a daily currency, to trade or short term investing.  The exact opposite of Bitcoin.  That's probably the long term plan for XPY.  The built-in inflationary design of the coin works perfectly for such a currency and it allows the insiders who fund the value to remain in control in order to stabilize and sustain the value as people dump and trade XPY.

Why do you think they put millions into this? They copied some code and photoshopped some fake hardware, it doesn't take much money to do that.

[jimmothy]

Vlad2vlad, please stop spewing your verbal diarrhea all over this thread.

xpy is a joke, there's a reason 99% of what used to be an blind supporting cult has now jumped ship.

Do yourself a favor and read the past 1000 pages, or even just do a minimal amount of research and you will come to the same conclusion as everyone else. (Actually I'm not sure about that because you seem to constantly show traits of a delusional psychopath)

If you want to be holding a joke of a coin that loses half it's value every 2 weeks up to the day it's worth literally nothing because GAW declares bankruptcy or get's shut down by some federal agency, feel free. But please stop wasting everyone's time trying to convince us all shit isn't shit.

[bumpershot]

It seems like all of Vlad2Vlad's insane conclusions come from his answer to one difficult question:

Who is buying XPY?

V2V, for some unknown reason, assumes it's GAW or Garza or whomever, even though that makes absolutely zero sense.

However, it's a good question. For every sell, there's a buy. Who's buying? Who would want XPY? There can't be that many believers in that honor program (who also can't figure out how bad of a deal it is even if it does happen) to keep the price up above 50 cents for this long, can there?

[strangerdanger101]

VLAD I apologize but your payment will be late this week. I will have a Q&A on the situation sometime this summer.

I thought he sucked his payment through a tiny hose.

[nachoig]

It doesn't matter what the economics are and the design if there is no reason for this coin to exist.. Simple as that

This is not true.

Bitcoin will get the ETF soon and the price will surge past $10,000.  Bitcoin will be too expensive to use as a daily currency, too slow and can not scale fast enough.

Looking at the raw design of XPY, including its inflationary design, it would be ideal as a daily currency.  The insiders would constantly control enough of the currency to keep it sustainable and to also keep it from getting 51'd, like Bitcoin got 51'd last year.

There will be multiple currencies later this year which will fight to be the daily use currency, replacing the job Bitcoin will not be able to fulfill. 

You only have to guess one of these candidates to make millions of dollars.

 How a currency which after 2 months has just 4% of its promised price would be ideal as a daily currency? How a cryptocurrency which has the staking power in the hands of a company (and susceptible to a 51% attack) can be used as a daily currency?

What Paycoin is doing in terms of high inflation in cryptocurrencies isn't new. If you are looking for high inflation proof-of-stake cryptocurrencies, HyperStake and Maieuticoin are a much better answer than Paycoin.

Also, if we start to looking about the prime controllers, we will have an interest conclusion: Paycoin can't be called a currency, because of the lack of fungibility (if my paycoins can bring a higher interest rate at staking than your paycoins, then there is no fungibility).

And you claim about Bitcoin being "too expensive to use as a daily currency" just because Bitcoin will cost $10,000 is bullshit. The use of subunits is already a common aspect at Bitcoin, it's already too expensive and nobody here cares about this.

[coinits]

Bitcoin will be too expensive to use as a daily currency, too slow and can not scale fast enough.

LOL

Let's suppose that this is true. For sure the replacement will not be a piece of shit clone coin that was pre-mined to fucking death and then delivered to the public on falsehoods. There is no development team. You look at another coin like Monero that has Phds in Cryptography steering development. That coin makes this one look like a retarded step -child.

Fuck off Vlad. Your are a shill. 

[jimmothy]

However, it's a good question. For every sell, there's a buy. Who's buying? Who would want XPY? There can't be that many believers in that honor program (who also can't figure out how bad of a deal it is even if it does happen) to keep the price up above 50 cents for this long, can there?

I've guessing it's the same type of naive/gullible/easily manipulated people who invested in paycoin the first time around. Some people have no idea what due diligence is.

[SDRebel]

Vlad2Vlad

He is just like Josh. They are both narcissistic, delusional and compulsive liars. I surely hope he keeps his promise and leaves for good.

I would rather be like Josh than a keyboard hero and a coward like you.


Just to clarify:


Narcissistic:  YES

Delusional:  Possibly

Compulsive Liar:  NO



I would also add:


Arrogant:  [Regretably] YES.

Impatient:  YES

Certified Asshole:  YES

Vengeful:  YES

Batshit Crazy:  To be Determined



But Surely, even assholes must have some good qualities:


Ambitious:  YES

Loyal:  Like a dog

Faithful:  'til death

Honest:  YES

Intelligent:  YES

Determined:  YES

Relentless:  YES

Visionary:  TBA




Did I forget any?  

Let me fix the two you got wrong because you were not involved or haven't been up to speed

Compulsive liar: yes. He lied way too many times, including the $20 floor. He said many times he would have the floor...then came back days later to say that he didn't. He deleted or edited many posts, but they had been archived.
He also lied about the hashlets being/not being miners among many other things.
Seriously, if there is something he is is a pathological liar.
Also, loyal?
See the emails with rishab (you can go to pastebin and easily find them with the keyword paycoin).
Rishab kept trying to be nice and an honest investor and then he turned on him right away

[TheMage]

I cant believe you guys are getting sucked into Vlad's trolling.......


The trollers have become the trolled. 

[SDRebel]

It doesn't matter what the economics are and the design if there is no reason for this coin to exist.. Simple as that

Well the reason for the coins existence was to exit the hashlets ponzi other than that you are correct, there is no good reason for XPY to exist.

I do believe that is the key

[SDRebel]

Those who own the controllers get most of the yield. They are making a ton of xpy on top of what they already have. There's no need for them to buy more when they make more and more.
Those conned investors and brainwashed probably do most of the buying

This is a possibility but ask yourself, would you rather be dumping millions of XPY at 5 cents [which is where XPY will be soon if this is indeed a scam] or would you rather have a viable plan and sell at a much higher price?

Good thing about XPY is things are moving fast so we'll know in 30-60 days.

Well given the rate of price dropping it will be at 5 cents soon. what are we averaging now? - $0.10 a week? not to mention the ceo posted a thread saying " do you guys want the buy back program or a super huge merchant to accept xpy first?"

then proceed to hand paycoin off to someone else.

I imagine all those big holders praying for the buyback will dump soon.

I can already see him writing:
I was going to do the "honors" program but the paycoin foundation doesn't want it (he always blames everything on someone else/something else)