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

[Surger]

This topic is aleays top of the servise Discussion page
Maybe it' going perfect, maybe it has some problem
but i see , this server is very populer

[1715155066]

1715155066

[1715155066]

1715155066

[1715155066]

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[skinnyboy]

"We are building our cash reserves", apparently.

So what happened to the $100,000,000 fiat reserve that was fully one third of the amount raised from the investors, 1/3 of which was to go to the "coin adoption fund" 1/3 of which was to go to "at cost miners", which are no longer needed, with the final 1/3 being the reserve?

What happened to the "there are over 100,000 merchants" that would be ready to accept this coin at launch, presumably via gocoin?

Why is it one of the most knowledgeable members of HT got shadow banned for doing what he does best and providing some working numbers?

Not especially enthused by these announcements, tbh.

[TheThinTinMan]

The whole bullshit scam escrow 20 buck promise is pretty fucking simple

If I was a scammer like Homero I would never pump my coin to 20 bucks - which he is doing.

Then to HONOR some bullshit he said (which might be a first) all he is going to do with your coins you give up is he will pump and dump them until he EARNS 20 dollars per coin GOING FORWARD.

Stock market manipulation if you can control so many coins, its kind of like

"here give me some of your worthless 2 dollar coins and ill make 20 bucks from them for you giving you the false impression the coin is worth 20 dollars"

When all it does it give him more control over the coin supply.  Homero makes significant amounts from "playing" the market on his coineach day  and you get drip fed over months........again.

Give me a break.

[maildir]

The only thing guaranteed out of this pile of horse shit, is the inevitable incessant whining that will follow: " but you said..." "but your promised..." "CEO where is the 20 dollars you said you would give us"

Homero's MO becomes tiresome, the intentional lack of full and complete details from the outset confirms this is just another layer to his scam. This nonsense will be hyped up until the full details are released and then the "gotcha" moment will arise. There will be some trick to where all these poor fools are yet again in to deep to back out once the fine print is exposed. Says it himself right here:

This Paycoin™ Honor Program, for which this post contains an overview of the principal, points (see below) regarding this soon-to-debut proposal, will follow a detailed and timely structure.

Instead of spitting it out now so everyone run for the hills, dribs and drabs will be released as they monitor the market's reaction this this dung pile, then rearrange modify on the fly and then release it.

The "gotcha" has to be in this complicated unnecessary announcement of secret vaults and third party authentications. It is either mere fluff to bulk up the announcement or it will be the moment of clarity when it is announced for what it really is.

Paycoin™ Will Be in a Secure Third-Party Vault: As part of The Paycoin™ Honor Program, we will have an exclusive – and secure – vault to house Paycoin™. In the interest of transparency, a separate entity unaffiliated with either PayBase™ and/or GAW will manage this vault.
•Third-Party Authentication: Transactions performed or released through this vault will be authenticated by an independent third-party manager.

Simply put if this dunce cannot spell out exactly what it is he is going to be doing today, to everyone, it means nothing is going to happen tomorrow.

Indeed, "incoming" will be the avalanche of howls and cries  " but you said..." "but you promised..." "CEO where is the 20 dollars you said you would give us" " but you said..." "but your promised..." "CEO where is the 20 dollars you said you would give us"

[MinermanNC]

This is amazing to see, how he can spew out some half assed plan and the following and then some, start buying all over again. Now I am sure there is many who are simply buying just for the ride to make a quick buck before price falls again. Once the rest realize they won't see any buy back or even be able to touch their coins for months if not years is all just beyond me. Its hard to even comprehend that GAW may still be in existence that far out or even worse crypto in general. And if BTC continues to stagger and slide as it has, then XPY really wont be worth anything either, not even to Josh and he knows it too.

[MinermanNC]

What does that escrow thing even matter? What's an escrow anyways? I think maybe you guys have run out of things to complain about and are just witch hunting for anything. Don't call Josh Homero and don't talk crap about him. He's doing really good and is buying paycoin at $20 each now. Sad to see you'll resort to anything to try to bring down Mr. Garza and his company. GAWminers has done nothing but be great and innovate the industry. It ain't easy leading an entire industry with innovation chaps think about that for a sec.

Ya, Be sure to report back March 1st and let everyone know how its working out for you. 

[CHAOSiTEC]

What does that escrow thing even matter? What's an escrow anyways? I think maybe you guys have run out of things to complain about and are just witch hunting for anything. Don't call Josh Homero and don't talk crap about him. He's doing really good and is buying paycoin at $20 each now. Sad to see you'll resort to anything to try to bring down Mr. Garza and his company. GAWminers has done nothing but be great and innovate the industry. It ain't easy leading an entire industry with innovation chaps think about that for a sec.

only one response to that:

quote: https://www.youtube.com/watch?v=5hfYJsQAhl0

"What you have just said, is one of the most insanely idiotic things, i have ever heard.
At no point in your rambling, incoherent response were you even close to anything,
that could be considered a rational thought.

everyone in this room is now dumber for having listened to it.

i award you no points, and may god have mercy on your soul"

[jibble]

"We will promise a $20 floor"

"it will never drop below 10 dollars we have too much purchasing power"

"we never stated the $20 floor"

"no promises were made to creating a $20 floor"

"we are going to honor our original promise and offer $20 even thou a few days ago we stated we never promised it. in some fucked up way that causes people to wait literally years for payout"

Make your fucking mind up

[Phildo]

The one thing everyone should be asking is why is paybase still selling for <$4? Every coin being sold is a liability.

(Even on dishonest models for gaw it doesn't make sense. Why don't they run now?)

Why run when people will hand them $4 for a coin today?

When are people going to see the light. Every single thing they have done is "give me cash/btc today and I will give you more cash on a later date" and that later date NEVER comes.

[r00tdude]

"We are building our cash reserves", apparently.

So what happened to the $100,000,000 fiat reserve that was fully one third of the amount raised from the investors, 1/3 of which was to go to the "coin adoption fund" 1/3 of which was to go to "at cost miners", which are no longer needed, with the final 1/3 being the reserve?

What happened to the "there are over 100,000 merchants" that would be ready to accept this coin at launch, presumably via gocoin?

Why is it one of the most knowledgeable members of HT got shadow banned for doing what he does best and providing some working numbers?

Not especially enthused by these announcements, tbh.

That member you speak of, Allen1980s is one of the sole members of HT that has the kind of deep financial background to present real working numbers and have them actually mean something. Yes, the fact that he was shadownbanned should mean something important to the rest of the HT community.

[WaffleMaster]

That member you speak of, Allen1980s is one of the sole members of HT that has the kind of deep financial background to present real working numbers and have them actually mean something. Yes, the fact that he was shadownbanned should mean something important to the rest of the HT community.

Damn. Shit just got real.

[MinermanNC]

Price is soaring on bittrex can ya believe it,,, I just wish I had bought up some yesterday at .011 and selling it today to the suckers buying in at .021 and up lol oh well.... really don't want any part of it  I'm am sure the peak is coming then massive dump AGAIN

[klintay]

Price is soaring on bittrex can ya believe it,,, I just wish I had bought up some yesterday at .011 and selling it today to the suckers buying in at .021 and up lol oh well.... really don't want any part of it  I'm am sure the peak is coming then massive dump AGAIN

Yep I actually thought about that yesterday too...but then thought 0.011 was too expensive for this shit coin. heck 0.000001 is too expensive...so people going to be butt hurt before this week is finished.

[bitpop]

The smart guys seem to be trading it but Homero can dump any second. The faithful are about to lose even more. This never ends with cantor Fitzgerald scam.

BitJane please edit,
Homero
josg21149

[MinermanNC]

Appears to have already peaked....  

Time for another announcement from josh

[yuzki]

https://i.imgur.com/i0uRkKN.jpg

[vabchgent]

The funny thing is GAW was a BTC Forum Denizen at one time - This is where I found them and many others too - How soon they forget

[MinermanNC]

Anyone have a copy of what allen1980 posted last night in regards to the INCOMMING announcement? would be interesting to read.... what got him banned?

[Lukey_P]

@Allen1980s said:

It is also a step-by-step process that will be independent, secure and consistent (in terms of monthly disbursements).

Though the marketplace controls the price of any coin, and because of our pledge to users of Paycoin™ about the $20 figure, The Paycoin™ Honor Program reconciles any price discrepancies; it restores the $20 valuation.

PayBase will offer a Repurchase Agreement to the general public for 30 days, which will establish a contractual arrangement between PayBase™ and any Paycoin™ holder (Seller), whereby the Seller agrees to sell Paycoin™ to PayBase™ at $20.00 USD per Paycoin™.

• 30-day Signup: Coin-Holders will have 30 days to enroll in The Paycoin™ Honor Program. This period will start on February 1st and end on March 2nd.

• Paycoin™ Will Be in a Secure Third-Party Vault: As part of The Paycoin™ Honor Program, we will have an exclusive – and secure – vault to house Paycoin™. In the interest of transparency, a separate entity unaffiliated with either PayBase™ and/or GAW will manage this vault.

• $20 USD Payment in Bitcoin at the USD Rate of Exchange, Upon Commencement of The Paycoin™ Honor Program: Repurchases of Paycoin™ will yield a payment of $20 USD, in Bitcoin, at the USD rate of exchange for each monthly disbursement during The Paycoin™ Honor Program.

• Monthly Repurchase Disbursements: A minimum of $100,000 in payments from the Company to Sellers will be made on the first of each month, until each repurchased Paycoin™ has been redeemed and each Seller has been paid for Paycoin™ he or she has sold. We reserve the right to increase these payments, to make all disbursements as quickly as possible.

Question 1: You are saying that a third party will be "holding" our Paycoins, which must be "surrendered" at the time we agree to sell said Paycoins?

Question 2: This agreement will not cover those Paycoins, having been staked for the past 21 days, since they cannot be removed from the Staker wallets?

Question 3: The daily Staker yield will not be able to be added to those coins initially surrendered? This is a one transaction exchange?

Question 4: You will not be paying, in full, the value of $20.00 per surrendered coin, but will be taking the entire number of customer surrendered coins and "buying down the liability" over the course of years, and at a buyout rate of a minimum of $100,000 per month?

Question 5: Will a surety bond be purchased to ensure the solvency of this program of Paybase/GAW, as well as the $20.00 value of the vaulted coins should GAW/Paybase become insolvent?

Analysis:

This means that if the vast majority of people here decide to sell at the $20.00 price, and the amount of coins to be sold is 1 million, the following:

1 million XPY x $20.00 = $20 million

$20 million divided by $100,000 per month = 200 months or 16.7 "YEARS"

No interest on the held coins. The last XPY coin is to be mined at the end of the 15th year.

Not only do you probably have no access to the surrendered coins, but you may not see dime one for years, unless this "Official Post" on a "blog" is also misrepresenting intentions. In this case I hope so. This is exactly like the MultiHashlet miners that make 0.000000001 in profits each day, as follows:

Hypothetical Case:

1 million XPY
667 Accounts
1,499.25 XPY per account

$20 million total value
$100,000 per month repurchase
200 Months

1,499.25 XPY divided by 200 months = 7.50 XPY per month or $150.00 per month in repurchased coins per account.

Moreover, they are asking all involved in this program to further assume additional "business risk," because GAW may not even be around after 2015, at least not in this capacity.

Basically, if all that I have interpreted is correct, they have just insulted our intelligence.

[yuzki]

https://i.imgur.com/i0uRkKN.jpg

Anyone have a copy of what allen1980 posted last night in regards to the INCOMMING announcement? would be interesting to read.... what got him banned?

This is what he posted:

It is also a step-by-step process that will be independent, secure and consistent (in terms of monthly disbursements).
Though the marketplace controls the price of any coin, and because of our pledge to users of Paycoin™ about the $20 figure, The Paycoin™ Honor Program reconciles any price discrepancies; it restores the $20 valuation.
PayBase will offer a Repurchase Agreement to the general public for 30 days, which will establish a contractual arrangement between PayBase™ and any Paycoin™ holder (Seller), whereby the Seller agrees to sell Paycoin™ to PayBase™ at $20.00 USD per Paycoin™.
________________________________________
• 30-day Signup: Coin-Holders will have 30 days to enroll in The Paycoin™ Honor Program. This period will start on February 1st and end on March 2nd.
________________________________________
• Paycoin™ Will Be in a Secure Third-Party Vault: As part of The Paycoin™ Honor Program, we will have an exclusive – and secure – vault to house Paycoin™. In the interest of transparency, a separate entity unaffiliated with either PayBase™ and/or GAW will manage this vault.
________________________________________
• $20 USD Payment in Bitcoin at the USD Rate of Exchange, Upon Commencement of The Paycoin™ Honor Program: Repurchases of Paycoin™ will yield a payment of $20 USD, in Bitcoin, at the USD rate of exchange for each monthly disbursement during The Paycoin™ Honor Program.
________________________________________
• Monthly Repurchase Disbursements: A minimum of $100,000 in payments from the Company to Sellers will be made on the first of each month, until each repurchased Paycoin™ has been redeemed and each Seller has been paid for Paycoin™ he or she has sold. We reserve the right to increase these payments, to make all disbursements as quickly as possible.
________________________________________
Question 1: You are saying that a third party will be "holding" our Paycoins, which must be "surrendered" at the time we agree to sell said Paycoins?
Question 2: This agreement will not cover those Paycoins, having been staked for the past 21 days, since they cannot be removed from the Staker wallets?
Question 3: The daily Staker yield will not be able to be added to those coins initially surrendered? This is a one transaction exchange?
Question 4: You will not be paying, in full, the value of $20.00 per surrendered coin, but will be taking the entire number of customer surrendered coins and "buying down the liability" over the course of years, and at a buyout rate of a minimum of $100,000 per month?
Question 5: Will a surety bond be purchased to ensure the solvency of this program of Paybase/GAW, as well as the $20.00 value of the vaulted coins should GAW/Paybase become insolvent?
________________________________________
Analysis:
This means that if the vast majority of people here decide to sell at the $20.00 price, and the amount of coins to be sold is 1 million, the following:
1 million XPY x $20.00 = $20 million
$20 million divided by $100,000 per month = 200 months or 16.7 "YEARS"
No interest on the held coins. The last XPY coin is to be mined at the end of the 15th year.
Not only do you probably have no access to the surrendered coins, but you may not see dime one for years, unless this "Official Post" on a "blog" is also misrepresenting intentions. In this case I hope so. This is exactly like the MultiHashlet miners that make 0.000000001 in profits each day, as follows:
________________________________________
Hypothetical Case:
1 million XPY
667 Accounts
1,499.25 XPY per account
$20 million total value
$100,000 per month repurchase
200 Months
1,499.25 XPY divided by 200 months = 7.50 XPY per month or $150.00 per month in repurchased coins per account.
________________________________________
Moreover, they are asking all involved in this program to further assume additional "business risk," because GAW may not even be around after 2015, at least not in this capacity.
Basically, if all that I have interpreted is correct, they have just insulted our intelligence.