WaffleMaster
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January 12, 2015, 05:28:01 PM |
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I'll hand it to them though. Where any other ponzi would have failed around december, they actually keep taking it further and further with their lemmings. Make a coin out of thin air, get people to reinvest on false premises, then when they get mad that you didn't follow through, delete all the evidence and oh wait shit curveball my dumbass was documented so I guess I'll honor it now that I'm busted with a shitty pathetic amount of dollars a month to get this thing pumped up again. Don't mind Paybase still being completely useless or anything look over here at this 20 year plan that will pay everybody.
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mayax
Legendary
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Activity: 1470
Merit: 1004
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January 12, 2015, 05:29:32 PM |
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I was a homero loving worshiper but now realized all this BS...
A little late for me it seems. I opened disputes on all credit card charges for when I bought those hashtakers at opening price and paycoins at 20$ a pop.
Is there anything else I can do to get my money back or am I fucked?
you agreed to pay at the moment you made the transaction. I am not sure whether you will get the money back from your bank.
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sorryforthat
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January 12, 2015, 05:31:16 PM |
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@Yuzki: You could choose the portion of investment with the most likely avenue of success and thus be under the threshold. If you have a viable case you can likely find a lawyer who will work for a small down payment and the rest on contingent.
Trouble is that even if he/she wins the case it still needs to be collected and that's a whole other story. Another potential issue is jurisdiction. GAW's TOS may require to resolve all disputes in CT for example (I can't check now since they've hidden their TOS - another classy move). If they're suing in small claims it has to be done in the defendant's location, I think. See http://www.jud.ct.gov/faq/smallclaims.htmlSend the man to Judge Judy, would love to see him get his salad tossed by the great honorable
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bananafana
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January 12, 2015, 05:33:28 PM |
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It's obviously bullshit because it doesn't make sense. Now that the $20 price will be "honored" it doesn't make sense for GAW to let the price sit at 5. Every coin they buy at $5 puts $15 back in their pocket. What is the plan to earn that $15 between now and march?
"Every coin they buy at $5 puts $15 back in their pocket." Who buys? Whose pocket? If you buy that coin from GAW at $5, then GAW gets $5 in cash from you right now, in exchange for agreeing to pay you ten cents per month for 17 years (assuming a million coins go into the vault).
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ZiG
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January 12, 2015, 05:34:09 PM |
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What is the plan to earn that $15 between now and march?
Oh this is an easy one: dump 20k coins to get the $100k to pay out in April. I don't understand WHY XPY is pooping again...It is going DOWN like a stone...AGAIN... ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Just kidding... ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) After a pathetic "PUMP" ...is coming even more pathetic "DUMP" ... ZiG
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Phildo
Legendary
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Activity: 1526
Merit: 1000
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January 12, 2015, 05:35:05 PM |
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It's obviously bullshit because it doesn't make sense. Now that the $20 price will be "honored" it doesn't make sense for GAW to let the price sit at 5. Every coin they buy at $5 puts $15 back in their pocket. What is the plan to earn that $15 between now and march?
Every coin who buys at $5 puts $15 back into whose pocket? If you buy that coin from GAW at $5, then GAW gets i$5 in cash from you right now, in exchange for agreeing to pay you ten cents per month for 17 years (assuming a million coins go into the vault). If GAW buys a coin from you at 5 dollars, they have 15 dollars that they budgeted to exchange for that coin to do whatever the fuck they feel like. That's why this $20 dollars later is obvious bullshit when the price is so far below 20.
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galdur
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January 12, 2015, 05:36:06 PM |
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What is the plan to earn that $15 between now and march?
Oh this is an easy one: dump 20k coins to get the $100k to pay out in April. I don't understand WHY XPY is pooping again...It is going DOWN like a stone...AGAIN... ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Just kidding... ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) After a pathetic "PUMP" ...is coming even more pathetic "DUMP" ... ZiG The 50 month ROI probably doesn´t look so hot to them.
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WaffleMaster
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January 12, 2015, 05:37:09 PM |
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It's more of the same "Give me this much money and I'll give you .1% much every month for the rest of your life" type stuff that GAW is in love with. Every business model they have ever had has worked around that idea. The funny thing is they're literally saying it will take years to pay off this time.
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mayax
Legendary
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Activity: 1470
Merit: 1004
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January 12, 2015, 05:38:12 PM |
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I don't know why you are so surprised. GAW is a HYIP(ponzi).... You agreed with that when you put your money in game. There is an old phrase "Don't invest more than you can afford to lose". You want to play, not to invest. It's like you will ask the money back from a casino ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Of course, GAW has its fault. It's outlaw but you have to open your eyes...when it seems too good to be true, it probably is. Yes, everybody wants fast money but be prepared to lose too
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galdur
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January 12, 2015, 05:38:25 PM |
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Hey suchmoon, remember the coin that had a 1000% run last month ? It may be starting to show some signs of life again. Told you you´d be sorry ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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bananafana
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 12, 2015, 05:38:35 PM |
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It's obviously bullshit because it doesn't make sense. Now that the $20 price will be "honored" it doesn't make sense for GAW to let the price sit at 5. Every coin they buy at $5 puts $15 back in their pocket. What is the plan to earn that $15 between now and march?
Every coin who buys at $5 puts $15 back into whose pocket? If you buy that coin from GAW at $5, then GAW gets i$5 in cash from you right now, in exchange for agreeing to pay you ten cents per month for 17 years (assuming a million coins go into the vault). If GAW buys a coin from you at 5 dollars, they have 15 dollars that they budgeted to exchange for that coin to do whatever the fuck they feel like. That's why this $20 dollars later is obvious bullshit when the price is so far below 20. That doesn't make any sense. They have all the XPY they need from the premine. More than they could ever sell. If they buy a coin from you at XPY they have more XPY and less cash. If you sell them an XPY on paybase you sell it below the market rate so they can turn around and dump it on the exchange. They aren't budgeting $15 for "that coin" or any coin.
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Paul Revere
Sr. Member
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The Scamcoats are coming!
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January 12, 2015, 05:39:02 PM |
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@Yuzki: You could choose the portion of investment with the most likely avenue of success and thus be under the threshold. If you have a viable case you can likely find a lawyer who will work for a small down payment and the rest on contingent.
Trouble is that even if he/she wins the case it still needs to be collected and that's a whole other story. Another potential issue is jurisdiction. GAW's TOS may require to resolve all disputes in CT for example (I can't check now since they've hidden their TOS - another classy move). If they're suing in small claims it has to be done in the defendant's location, I think. See http://www.jud.ct.gov/faq/smallclaims.htmlNo. The Connecticut state rules that you linked to actually gives instructions for a CT state resident filing against an out of state business. As usual you do not know what you are talking about even when you link to the document which explains it. As was mentioned earlier, the real issue is collecting once a judgement has been rendered against an entity in another state.
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All of my posts are simply statements of my own personal opinions based on available information and pondering what might be possible considering human nature, with the goal of finding truth and preventing fraud. Please look at all of the facts and theories and put your thinking cap on to draw your own conclusions. If you feel that I have made a false statement or have been unnecessarily derogatory, I encourage you to please point it out, and if proven correct and/or reasonable I will remedy it. ~ Paul Revere
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mayax
Legendary
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Activity: 1470
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January 12, 2015, 05:39:52 PM |
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Withdrawn your funds from GAW and from Bitcoin.
The price will fall after GAW will collapse (in the next 2-3 weeks). it will be a federal investigation and other Bitcoin companies will fall.
mark my words: BitPay will be closed until summer.
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ikeboy
Newbie
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Activity: 56
Merit: 0
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January 12, 2015, 05:46:32 PM |
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@Yuzki: You could choose the portion of investment with the most likely avenue of success and thus be under the threshold. If you have a viable case you can likely find a lawyer who will work for a small down payment and the rest on contingent.
Trouble is that even if he/she wins the case it still needs to be collected and that's a whole other story. Another potential issue is jurisdiction. GAW's TOS may require to resolve all disputes in CT for example (I can't check now since they've hidden their TOS - another classy move). If they're suing in small claims it has to be done in the defendant's location, I think. See http://www.jud.ct.gov/faq/smallclaims.htmlNo. The Connecticut state rules that you linked to actually gives instructions for a CT state resident filing against an out of state business. As usual you do not know what you are talking about even when you link to the document which explains it. As was mentioned earlier, the real issue is collecting once a judgement has been rendered against an entity in another state. You mis-parsed my words. I included the link to help them out on starting the claim, it was not meant as a source. Every state has their own rules, some may allow you to sue out-of-state residents, some not, but either way there will be a problem collecting it. The only way that will always work is in the state of the defendant.
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suchmoon (OP)
Legendary
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Activity: 3780
Merit: 9009
https://bpip.org
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January 12, 2015, 06:12:27 PM |
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Hey suchmoon, remember the coin that had a 1000% run last month ? It may be starting to show some signs of life again. Told you you´d be sorry ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Yes, I'm truly sorry for the poor dead cat. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) To be honest though, I expected more "life". Somehow there is not a lot of trust left for XPY in the market. I guess people are getting bored with all the talking, with or without lawyers.
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WaffleMaster
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January 12, 2015, 06:14:08 PM |
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lmao this volume on XPY and I'd still consider it not a significant gain. At least we can see a lot of people were praying for a way to get out and have had their wish granted.
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ZiG
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January 12, 2015, 06:24:26 PM |
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lmao this volume on XPY and I'd still consider it not a significant gain. At least we can see a lot of people were praying for a way to get out and have had their wish granted.
Like Homero himself ...for example... ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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dave01
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January 12, 2015, 06:35:04 PM |
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Withdrawn your funds from GAW and from Bitcoin.
The price will fall after GAW will collapse (in the next 2-3 weeks). it will be a federal investigation and other Bitcoin companies will fall.
mark my words: BitPay will be closed until summer.
REALLY...lol wait for the fat lady no jail no investigation
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ikeboy
Newbie
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January 12, 2015, 06:54:02 PM |
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Anyway, https://hashtalk.org/topic/28852/i-completely-disagree-with-allens-math-for-buyback-20-taking-15-years/28 we got some more words: We has the option of focusing on just building paybase and helping xpy grown over time. Or, to do that and make sure every person received at least $20 for their coins. We choose the latter of the two.
Why will it take another 2 and a half months until anyone sees payments? Why have you not responded to claims that you're selling coins out of the premine? We have to build the system for the program.
We will clear up the confusion on the coins soon.
Why is there a lock-in period without guarantees as to whether we'll get the money in a short amount of time? There are variables we still do not know.
Who is the "third party"? We are evaluating companies now.
What happened to the promise of not requiring verification for xpy/btc $20 selling? You will not need to verify yourself to trade btc or xpy.
But you will to participate in the program. There are legal requirements on our end.
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