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

[suchmoon]

Guys I got my first $4,000,000 going to stake to $40,000,000!! EXCITED!!!

https://i.imgur.com/gkAhSyx.png

Have you lost your mind?  

Did you actually BUY Paycoin?

No wonder the price on C-CEX is so much higher, you're whaling the demand there

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[Paul Revere]

XPY exchange rate is collapsing, along with rental prices

https://coin-swap.net/market/XPY/BTC

Below 0.02 and 13 BTC total demand depth (used to be around 0.03 not long ago, 100+ BTC demand)

https://c-cex.com/?p=xpy-btc has slightly higher rates.

https://www.nicehash.com/

1 TH/s price ~0.04 (used to be 0.10+)

Yep, The party may be over folks. I switched back to NH this morning after goofing with some direct XPY mining last night in which I barely made a little more than the rental would have, and then saw the rental rates dropping, XPY yield predicitons dropping, and the crazy rental bids drying up.  Had I waited until right now to sell it would have been less as the price nosedives. About 15 minutes ago miners started beeping as they switched from the NH .04/TH/day threshold to my second option which is set to NH .03 on all of my heaters. Debating whether to change the threshold to .02 to keep them going on NH. Even @ .02 it is over the average BTC pool yield.

[owlcatz]

LOL CoinMarketCap has officially taken Paycoin down.

http://coinmarketcap.com/

So many legitimate services and people distancing themselves from this...hm what does that tell someone?

Obviously coinmktcap isn't innovative

At least they aren't suckers and are holding their ground about GAWCEO's whining...

https://twitter.com/CoinMKTCap/status/545209306690232321

[alienesb]

XPY exchange rate is collapsing, along with rental prices

https://coin-swap.net/market/XPY/BTC

Below 0.02 and 13 BTC total demand depth (used to be around 0.03 not long ago, 100+ BTC demand)

https://c-cex.com/?p=xpy-btc has slightly higher rates.

https://www.nicehash.com/

1 TH/s price ~0.04 (used to be 0.10+)

Yep, The party may be over folks. I switched back to NH this morning after goofing with some direct XPY mining last night in which I barely made a little more than the rental would have, and then saw the rental rates dropping, XPY yield predicitons dropping, and the crazy rental bids drying up.  Had I waited until right now to sell it would have been less as the price nosedives. About 15 minutes ago miners started beeping as they switched from the NH .04/TH/day threshold to my second option which is set to NH .03 on all of my heaters. Debating whether to change the threshold to .02 to keep them going on NH. Even @ .02 it is over the average BTC pool yield.

Yeah the party ended late last night when rental costs exceeded gains. That's cool, I made some nice BTC flipping this crap. Grinning!  

[bumpershot]

*cough* 5 btc depth and the price is below .02

Wasn't there for long. By the time I got BTC into the account, it was up over .025 again.

[suchmoon]

*cough* 5 btc depth and the price is below .02

Wasn't there for long. By the time I got BTC into the account, it was up over .025 again.

Yup, there is now 45 BTC in the buy column. Seems you're not the only one with that idea

[Paul Revere]

A hint of the next best thing after HashStakers?

https://twitter.com/gawceo/status/545261254127144962

Josh Garza
‏@gawceo
There should be a crowd funding platform to help developers launch their own cons. Hmmmmmm

I fixed one of his ubiquitous "typos" (is cantFingspellio a word??) so it says what he actually meant.




ArrrrggghhhMmmmmm. Con flavored doughnuts with crunchy lie sprinkles. Homero LIKEY!

[owlcatz]

What a load of rubbish.

http://www.marketwired.com/press-release/paycoin-launch-shatters-records-investors-swarm-to-new-global-currency-1977769.htm

[gefafwisp]

What a load of rubbish.

http://www.marketwired.com/press-release/paycoin-launch-shatters-records-investors-swarm-to-new-global-currency-1977769.htm

It's a press release, what did you expect

[suchmoon]

What a load of rubbish.

http://www.marketwired.com/press-release/paycoin-launch-shatters-records-investors-swarm-to-new-global-currency-1977769.htm

Thousands of investors swarmed the new digital currency moments after its 8:00 PM launch by directing their computers to mine Paycoin.

I thought those were called "trolls".

[Honeycutt22]

Can anyone confirm if we can sell pay coin for 20? Or just use it for 20?

[lrgbit]

That is the $4 question.

[suchmoon]

Can anyone confirm if we can sell pay coin for 20? Or just use it for 20?

Nope. The CEO went on a whole rant about the "unplanned" exchanges, but is still refusing to explain the "floor".

https://hashtalk.org/topic/23940

[interstellar]

With an average diff. of ~700,000,000 in XPY the price needs to drop to around 0.0094 to be in line with BTC mining..

Oh it's getting there! Give it a few more days.

[suchmoon]

This is getting confusing. How can they bypass the verification now if the "proper offices" require it.

https://hashtalk.org/topic/23950

We have asked the proper offices, and this is what they require.

https://hashtalk.org/topic/24073

GAWCEO
Admin
Moderator
Industry Innovator

Paybase Update

Quick update.

We have been putting our heads together on how to get you guys some liquidity early (next day or two), and (at least for now) bypass the verification process. We are going through options on ways we make it happen earlier.

I want to get you guys some liquidity for the holidays, we are going to figure out how to make that happen. More coming

[owlcatz]

That is the $4 question.

GAWCEO
GAWCEO
 Admin
Moderator
Industry Innovator

Paybase Update
Quick update.

We have been putting our heads together on how to get you guys some liquidity early (next day or two), and (at least for now) bypass the verification process. We are going through options on ways we make it happen earlier.

I want to get you guys some liquidity for the holidays, we are going to figure out how to make that happen. More coming

Follow me on Twitter - @gawceo

Rough Translation:

"I want to figure out how to let you guys trade XPY without us being a licensed MSB anytime soon since I didn't think of that until yesterday, so I'm going to find a way to turn your xpy into gift cards, so you can all still have a merry xmas"!  ::grinning::

[joremero]

Is this really homero?

https://bitcointalk.org/index.php?action=profile;u=321841

in my opinion yes, that's the real one, not the username "gawceo" that one you linked started the bitmain verification thread

[interstellar]

XPY exchange rate is collapsing, along with rental prices

https://coin-swap.net/market/XPY/BTC

Below 0.02 and 13 BTC total demand depth (used to be around 0.03 not long ago, 100+ BTC demand)

https://c-cex.com/?p=xpy-btc has slightly higher rates.

https://www.nicehash.com/

1 TH/s price ~0.04 (used to be 0.10+)

You know why do you? Because everybody that was buying to have a quick turnaround on paybase for $20 just found out they need verification.

Hey, you only need to give up your Social Security Number if you want to get out more than $10 a day

Well if the verification process is anything like kraken you will only need to type in your name address date of birth and phone number to get verified for $1000/day $5000/month

NO SSN no documents but this is on kraken.

That is real verification though. This is totally fake verification designed to stall conversion of XPY to BTC. And watch out for other hurdles coming. Because the assumption is there's no way in hell he's gonna allow the free-flow conversion of XPY at $20.

[vabchgent]

Just asked about the MSB again. Hopefully dont get band. That is a serious concern.

If they are not registered with the MSB they have no reason for asking for verification. It is for the MSB people.

[interstellar]

LOL CoinMarketCap has officially taken Paycoin down more than a few pegs.

http://coinmarketcap.com/

So many legitimate services and people distancing themselves from this...hm what does that tell someone?

Everyone saw this as a disaster waiting to happen. But the ship has already left the port. So all you can do is not let the GAWtanic to take you down with it. Fuck, they are protecting crypto itself from this scheme.