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

[miaviator]

The first I heard of Cryptsy's ownership of a prime controller was on the google meetup.... and, at the time, I kind of wondered if that was a slip of the tongue...

Did Cryptsy actually publicly announce this acquisition before the google meetup? Can someone post a link to that?  

This is a great question.  Where exactly is (Cryptsys Cryptsy's Cryptsys') release about getting a Prime Controller?   

Did the party releasing this information have explicit permission to release the information first?

Did Cryptsy ever intend for this information to go public?  If not why were they trying to hide it?

[Paul Revere]

Also, while we are on the subject, why is it that the supposedly stolen XPY went to known GAW/Garza addresses after it left Cryptsy? Another one of them thar coincidences that seem to occur so often when talking about dealings between Cryptsy and GAW/Garza/Paycoin.

Keep tugging at these loose threads Paul. You are onto something.  I know who I trust more in this debate between you and Mullick.

On it!

[coinits]

So mullick will 100% support a hard fork to remove all PCs? I challenge him to do that. In fact I will donate to a fund so the PayCon Devs can fork XPY to remove all Prime Controllers; if Cryptsy agrees to only run the new fork.

I don't know if it is legal or possible but I would all coins generated from PCs destroyed too.

[bitpop]

The first I heard of Cryptsy's ownership of a prime controller was on the google meetup.... and, at the time, I kind of wondered if that was a slip of the tongue...

Did Cryptsy actually publicly announce this acquisition before the google meetup? Can someone post a link to that? 

This is a great question.  Where exactly is (Cryptsys Cryptsy's Cryptsys') release about getting a Prime Controller?   

Did the party releasing this information have explicit permission to release the information first?

Did Cryptsy ever intend for this information to go public?  If not why were they trying to hide it?

Elon was surely at the meeting, he meets up with Homero to get advice and patents.

[miaviator]

So mullick will 100% support a hard fork to remove all PCs? I challenge him to do that. In fact I will donate to a fund so the PayCon Devs can fork XPY to remove all Prime Controllers; if Cryptsy agrees to only run the new fork.

I don't know if it is legal or possible but I would all coins generated from PCs destroyed too.

If cryptsy holds valid ownership of a Prime Node they can publicly demand a vote on the issue!

[dooglus]

I really, really hope you were joking about Bitcoin-Bar. He is an uneducated, illiterate douche-bag with absolutely no valid points and a complete lack of logic. If you weren't joking then I can only assume that you are just as pathetic as he is.

I meant in comparison to cryyptc; it's all relative.

[energico]

did you promise not to give out staked coins?

i understand you promised not to dump the 125k

At the time we thought the community would see that as a good thing vs. The foundation or GAW doing whatever they please with the coins and giving no transparency.

Based on the reaction we can see that is not the case

"We wanted to commit fraud but we didn't want people to be upset at us. I'm just so fucking stupid I didn't realize that."

FTFY

Owning a prime controller does not contribute to "the community" in any way whatsoever. Why would ANYONE see it as a good thing? Literally the only purpose of owning a prime controller is to produce coins and then sell them. That is the ONLY thing you can do with them. Not only are you blatantly lying to the crypto community at large -- "we never wanted to make a profit" -- you are so fucking stupid to realize that you are now complicit in a grand scheme of fraud.

GG cryptsy! See you in Guantanamo Bay fuckers!

[Buckeye2015]

So mullick will 100% support a hard fork to remove all PCs? I challenge him to do that. In fact I will donate to a fund so the PayCon Devs can fork XPY to remove all Prime Controllers; if Cryptsy agrees to only run the new fork.

I don't know if it is legal or possible but I would all coins generated from PCs destroyed too.

Well, if you reject all coins born on/before say Dec 12th (not sure what the appropriate day is to ommit the remaining pre-mine) that might get rid of a chunk of them.

[bitcoinnoisseur]

I really, really hope you were joking about Bitcoin-Bar. He is an uneducated, illiterate douche-bag with absolutely no valid points and a complete lack of logic. If you weren't joking then I can only assume that you are just as pathetic as he is.

I meant in comparison to cryyptc; it's all relative.

Fair enough and agreed. I knew you were far above Bitcoin's level. I had just never heard anyone describe him as you did.

[dooglus]

One last comment before i get back to work

If we were to stop staking nobody would be able to verify we actually stopped. We could have just moved to a new address with new coins.

It's trivial to examine each block and see which PC key if any was used to stake it. We will already need to do that to see which addresses you're using the PC key to increase your staking rewards with. There's no guarantee that the one address you show that you're gaining increased returns on is the only one you're gaining the unfair advantage on.

And your right we cant just give it back. We know the key and without a update it cannot be removed

Similarly it couldn't just have been given to you. Whoever gave it to you can still use it.

[dooglus]

I meant in comparison to cryyptc; it's all relative.

Fair enough and agreed. I knew you were far above Bitcoin's level. I had just never heard anyone describe him as you did.

I've never heard of the guy. I scanned through a few of his recent hashtalk posts, saw that he can string a {{{sentence}}} %% together without ASCII art, and concluded it couldn't be our old friend Big Baller.

[bitcoinnoisseur]

I meant in comparison to cryyptc; it's all relative.

Fair enough and agreed. I knew you were far above Bitcoin's level. I had just never heard anyone describe him as you did.

I've never heard of the guy. I scanned through a few of his recent hashtalk posts, saw that he can string a {{{sentence}}} %% together without ASCII art, and concluded it couldn't be our old friend Big Baller.

LMAO

[Xian01]

Gifting the prime controller back to the foundation or gaw would not be ideal in my eyes as it will be unknown whats happening with it.

Given that a prime controller is really just a private key that lets you stake higher, how can you gift it to anyone? You can give them a copy of it, but how do you un-learn the private key?
And rather than all this scraping, burning, etc. why not just remove the private key from your wallet's config file. Then you won't be staking with an unfair advantage and won't have to worry about how to dispose of the ill-gotten gains.

One last comment before i get back to work
If we were to stop staking nobody would be able to verify we actually stopped. We could have just moved to a new address with new coins.
And your right we cant just give it back. We know the key and without a update it cannot be removed

Excuses. You could just, you know... not ever use the key again...

Oh yes how gracious of Cryptsy to accept that Prime Controller from Josh out of the kindness of their hearts. What a joke. You really trying to spin this to make it seem like you're helping the community? The one you continue to harm by keeping this coin listed? Bad actors.

Once again. Garza was not involved in the transfer of the controller.

Irrelevant. The vile stench of his fraud will always befoul Paycoin.

Please just do the right thing and distance yourself from this con. People have lost enough money already, and your hands are looking awfully dirty at this point.

[cryyptc]

I meant in comparison to cryyptc; it's all relative.

Fair enough and agreed. I knew you were far above Bitcoin's level. I had just never heard anyone describe him as you did.

I've never heard of the guy. I scanned through a few of his recent hashtalk posts, saw that he can string a {{{sentence}}} %% together without ASCII art, and concluded it couldn't be our old friend Big Baller.

^lol friends?

[GIFOS]

Here is what I think, could be wrong if someone can prove otherwise.
Cryptsy is a business, they try to make money and show a good profit.
Why would they take a few PC's? - to make money with them due to hyper staking rates.

Why did the TeamPaycoin/Foundation give them the PC's - as they want to protect XPY
(their individual personal investments) so Cryptsy will never drop XPY.
I would consider this a incentive to keep XPY forever on the Cryptsy exchange.
(would this be a 3 letter organization violation?)

I find it hard to believe that Cryptsy would take control of 3 PC's for $1 so just to better the
coin and people investments. If so why did they not talk openly about this (open transparency
as they are stating) before it took place (maybe they though no one would find out)?

Why did TeamPaycoin/Foundation not talk about this with the people since its "The Peoples Coin"
before proceeding with this idea?

Paycoin has been stated to be "The Peoples Coin" but it is very far from it, its only about a few
dozen people with all the coins who make all the decisions and control 90% of this coin.

[vizique]

Strikes me that to take on a Prime was an ill-conceived, ill-considered and ill-researched idea that, if nothing else, has placed Cryptsy firmly in the cross hairs of the Alphabets, if they weren't there already. With alleged money laundering by Ganza, Ganzas heavy use and promotion of Cryptsy, it will not end well there I suspect. There was talk last year that there were to be some major actions within the world of crypto imminent, and then things went quiet...

Cryptsy may have had to field issues with one or two of the Alphabets before, but I'll take an educated guess and say that once up to speed they will be in every slot, groove, cranny and nook Cryptsy have.

As with this entire farce, there are still many Acts yet to go..

[TheMage]

Strikes me that to take on a Prime was an ill-conceived, ill-considered and ill-researched idea that, if nothing else, has placed Cryptsy firmly in the cross hairs of the Alphabets, if they weren't there already. With alleged money laundering by Ganza, Ganzas heavy use and promotion of Cryptsy, it will not end well there I suspect. There was talk last year that there were to be some major actions within the world of crypto imminent, and then things went quiet...

Cryptsy may have had to field issues with one or two of the Alphabets before, but I'll take an educated guess and say that once up to speed they will be in every slot, groove, cranny and nook Cryptsy have.

As with this entire farce, there are still many Acts yet to go..

Cryptsy aside, the SEC did go after a number of businesses and shut them down/fined them due to illegally selling shares (IPO's). I want to say somewhere in the 50-60 range of businesses. I'm trying to find the article now. Maybe this is what you are referring to.

[rawbot]

So how exactly did the news break that Crypsy is now the owner of a prime controller?  Was it a leaked email?  Because they certainly didn't publish the news themselves.  This is strange considering how heroic they are for taking a PC from the evil Josh Garza.  If that was really their true intentions you would think they would be eager to tell the community about their good deeds?

Also, when I hear the name "Big Vern"  It sounds like a guy you would hire to go and kneecap somebody, or buy a dodgy second hand car from.  

[Buckeye2015]

Strikes me that to take on a Prime was an ill-conceived, ill-considered and ill-researched idea that, if nothing else, has placed Cryptsy firmly in the cross hairs of the Alphabets, if they weren't there already. With alleged money laundering by Ganza, Ganzas heavy use and promotion of Cryptsy, it will not end well there I suspect. There was talk last year that there were to be some major actions within the world of crypto imminent, and then things went quiet...

Cryptsy may have had to field issues with one or two of the Alphabets before, but I'll take an educated guess and say that once up to speed they will be in every slot, groove, cranny and nook Cryptsy have.

As with this entire farce, there are still many Acts yet to go..

Cryptsy aside, the SEC did go after a number of businesses and shut them down/fined them due to illegally selling shares (IPO's). I want to say somewhere in the 50-60 range of businesses. I'm trying to find the article now. Maybe this is what you are referring to.

In Sept 2014, they had 4 major investigations going on. One in Texas for fraudulent sales of investment vehicle that would give 7%/week, one in Florida for cash in excess of $10k for bitcoin as money laundering, Silk Road trying to say Bitcoin wasn't money, and.... I'm thinking the other one was in California maybe as a unregistered money transmitter? I can't find the article right now that went through all of them, just remember that at the same time as Garza was spinning up his scam, there were at least 3 cases that could relate directly to his activities.  Don't remember seeing 50-60 businesses getting busted on unregistered securities?

[miaviator]

Ganza

Drink!