jackblacksparrow
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Erotic Industry on the Blockchain! RachelX
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January 21, 2015, 12:57:05 AM |
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I expected more from Ars Technica , I can't believe I'm going to say this but CCN usually has more bite than this article, there's no depth to it, only a bunch of quotes. I did forget about the 10 000 to 15 000 customers per day quote, made me laugh. Let's keep in mind that there are approx 6500 XPY addresses and most people have multiple addresses to simply transfer money between exchanges (deposit addresses). What happened to the 100,000 customer claim? 94,000++ thousand of them let their Hashlet go down to 1 satoshi and didn't say a word? Right Dude, they all got a free genesis. That quote came when you could refer a friend and they got a free geneis (10gh) I am most certain like 99.9999999% the faithful on hashtalk signed up about 10 fake accounts a day just to sell off the genesis. Anything that is free is seized upon by them, and when they miss out they get entitled to cry about it on the forum till they get it.
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cryptofunk
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January 21, 2015, 12:59:03 AM |
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I expected more from Ars Technica , I can't believe I'm going to say this but CCN usually has more bite than this article, there's no depth to it, only a bunch of quotes. I did forget about the 10 000 to 15 000 customers per day quote, made me laugh. Let's keep in mind that there are approx 6500 XPY addresses and most people have multiple addresses to simply transfer money between exchanges (deposit addresses). What happened to the 100,000 customer claim? 94,000++ thousand of them let their Hashlet go down to 1 satoshi and didn't say a word? Right Dude, they all got a free genesis. That quote came when you could refer a friend and they got a free geneis (10gh) I am most certain like 99.9999999% the faithful on hashtalk signed up about 10 fake accounts a day just to sell off the genesis. Anything that is free is seized upon by them, and when they miss out they get entitled to cry about it on the forum till they get it. You were able to sell the free miner? Wow!
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coinGeek
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January 21, 2015, 12:59:15 AM Last edit: January 21, 2015, 01:17:00 AM by coinGeek |
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I expected more from Ars Technica , I can't believe I'm going to say this but CCN usually has more bite than this article, there's no depth to it, only a bunch of quotes. I did forget about the 10 000 to 15 000 customers per day quote, made me laugh. Let's keep in mind that there are approx 6500 XPY addresses and most people have multiple addresses to simply transfer money between exchanges (deposit addresses). What happened to the 100,000 customer claim? 94,000++ thousand of them let their Hashlet go down to 1 satoshi and didn't say a word? Right I think this was just a hasty article thrown together around a pointer to the coinfire piece. I got a kick out of the body guard quote. The conference organizer gets stopped by a private BG inside a party. Priceless.
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Software Developer and Coin Geek
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Josef_Stylin
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January 21, 2015, 01:00:45 AM |
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so 10,000 new customers a day but 100,000 total for a company thats a year old? ok. i see basic math escapes homero. no shocker there.
why ars didn't do this math themselves and point it out is even more of a joke
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jackblacksparrow
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Erotic Industry on the Blockchain! RachelX
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January 21, 2015, 01:03:12 AM |
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I expected more from Ars Technica , I can't believe I'm going to say this but CCN usually has more bite than this article, there's no depth to it, only a bunch of quotes. I did forget about the 10 000 to 15 000 customers per day quote, made me laugh. Let's keep in mind that there are approx 6500 XPY addresses and most people have multiple addresses to simply transfer money between exchanges (deposit addresses). What happened to the 100,000 customer claim? 94,000++ thousand of them let their Hashlet go down to 1 satoshi and didn't say a word? Right Dude, they all got a free genesis. That quote came when you could refer a friend and they got a free geneis (10gh) I am most certain like 99.9999999% the faithful on hashtalk signed up about 10 fake accounts a day just to sell off the genesis. Anything that is free is seized upon by them, and when they miss out they get entitled to cry about it on the forum till they get it. You were able to sell the free miner? Wow! I never tried, but you could very early on, till they stopped it. Zencloud has been the buggiest software I have ever used, I was double dipping my primes for 24 hour bursts, not to mention 24 hour boosting. I sent in tickets about it, but nothing, even pmed josh on the forum to which he was condescending towards me about it as it got to the point that he wasn't doing anything about it, i told some people how to do it, and it finally gets fixed.
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suchmoon (OP)
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https://bpip.org
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January 21, 2015, 01:09:59 AM |
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Also, I know this has been touched on - but redacted had all his coins in stakers.....so unless Josh bend over backwards to release them, redacted could not have dumped 3000 paycoins on the market. He told us in many ways how he had them all locked up.
Redacted now claims to have 54k, maybe loaded up on those cheap ones. http://forum.gethashing.com/t/xpy-paycoin-discussion/90/1773
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jackblacksparrow
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Erotic Industry on the Blockchain! RachelX
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January 21, 2015, 01:20:16 AM |
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Also, I know this has been touched on - but redacted had all his coins in stakers.....so unless Josh bend over backwards to release them, redacted could not have dumped 3000 paycoins on the market. He told us in many ways how he had them all locked up.
Redacted now claims to have 54k, maybe loaded up on those cheap ones. http://forum.gethashing.com/t/xpy-paycoin-discussion/90/1773Yeah I was talking about when he was having a cry and meltdown on the forum when xpy was sitting around 18 bucks..right before he deleted all his posts. That time. XPY has tanked badly its not that hard to pick up a lot of coins since then )even more if you dumped at 18 bucks) But in his post history he said he was effectively tied up in hashstakers and why he was so pissed because he couldnt buy or sell. I should download the hashtalk archive and dig through it to prove it.
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suchmoon (OP)
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https://bpip.org
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January 21, 2015, 01:32:39 AM |
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I expected more from Ars Technica , I can't believe I'm going to say this but CCN usually has more bite than this article, there's no depth to it, only a bunch of quotes. I did forget about the 10 000 to 15 000 customers per day quote, made me laugh. Let's keep in mind that there are approx 6500 XPY addresses and most people have multiple addresses to simply transfer money between exchanges (deposit addresses). What happened to the 100,000 customer claim? 94,000++ thousand of them let their Hashlet go down to 1 satoshi and didn't say a word? Right Yeah, the article is a bit weak, but to be fair the author was drowned in all sorts of stupid when he asked for help here and on twitter: https://bitcointalk.org/index.php?topic=923897https://twitter.com/cfarivar/status/555096214970986496https://www.reddit.com/r/Bitcoin/comments/2sbexf/do_you_think_you_were_scammed_by_gaw_tell_ars/And the CEO did a few preemptive strikes: https://hashtalk.org/topic/28975https://hashtalk.org/topic/29007https://hashtalk.org/topic/29010http://www.twitlonger.com/show/n_1sjvfh6Let's take it for what it is - attention to this clusterfuck from a major tech news site (not just crypto news) is a good thing. Next step - CNN...
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suchmoon (OP)
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January 21, 2015, 01:45:07 AM |
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Also, I know this has been touched on - but redacted had all his coins in stakers.....so unless Josh bend over backwards to release them, redacted could not have dumped 3000 paycoins on the market. He told us in many ways how he had them all locked up.
Redacted now claims to have 54k, maybe loaded up on those cheap ones. http://forum.gethashing.com/t/xpy-paycoin-discussion/90/1773Yeah I was talking about when he was having a cry and meltdown on the forum when xpy was sitting around 18 bucks..right before he deleted all his posts. That time. XPY has tanked badly its not that hard to pick up a lot of coins since then )even more if you dumped at 18 bucks) But in his post history he said he was effectively tied up in hashstakers and why he was so pissed because he couldnt buy or sell. I should download the hashtalk archive and dig through it to prove it. I'm quite sure he also cried about wanting to transfer 2500 or 3000 coins around that same time: https://archive.today/4znIF#selection-6801.0-7273.71But it wouldn't be the first time he lied, like about having 1/4 million invested and having done due dilligence on the MSB registration etc. Hint: GAW had not even applied for registration at that time, and his 1/4 million figure was based on the $20 value... hot air balloon. https://archive.today/31GIR
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geegaw
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January 21, 2015, 01:49:25 AM |
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Judith Burns, a spokeswoman for the SEC, when asked to confirm CoinFire’s reporting, simply e-mailed: “Decline comment.” Says it all. Nothing like a tight-lipped terse reply.
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torelle
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January 21, 2015, 01:50:35 AM |
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Indeed, as long as this gets attention outside of the cryptospace, it's all good. Creates more pressure on GAW.
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torelle
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January 21, 2015, 01:56:43 AM |
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Also, JOsh Garza, having a family, being in the public eye, does not automatically mean it can't be a scam.
Many ponzi scam artists have been jailed despite being well known.
Biggest of them all, Bernie Madoff. he had family, friends, and fame.. You can't get much more public than that. And that was a long scam. Billions lost.
Many more. Heck the man Charlie Ponzi himself was well known and had a massively well known company that was a ponzi.
GAW CAN'T be a scam because well all know who he is, where he lives etc, well... that's a fallacy.
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Phildo
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January 21, 2015, 02:36:23 AM |
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They are burning through money quickly. 150/week times how many mods... Bottle service at the conference... the conference itself.. body guards.
Also, that post someone linked to blaming MLK day made me chuckle. They aren't dealing with any banks, who gives a shit. I'm always amazed at how many days off people in bitcoin startups take. Other people give you money and you take off for MLK day, wonder how much work is going to get done during the super bowl, what a joke.
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RedhatCAT
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January 21, 2015, 03:06:16 AM |
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Hey what happened in Miami, did he Speak? Been out the loop for the last few days
Nope, he skipped the Q&A/mining panel because of the Payflash glitch. He did show up on the first day (with bodyguards) though Geeze, bodyguards? I think it is pretty rare for the CEO of that small of a company to to running around with bodyguards....at least when they are not up to no good
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MinermanNC
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January 21, 2015, 03:31:06 AM |
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Very peculiar indeed, J Mordica that is Of course he may have ask to have his mug" removed for many good reasons lol
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*BTC: 1DiR25SPo84sThzTATr27EZEQZLt6hv6tG
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bitcoinnoisseur
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January 21, 2015, 03:31:56 AM |
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https://hashtalk.org/topic/29807/new-ars-technica-article/41zenfur @taylan they are all piling on now. we do it too. the difference is this:
i believe we have paid our admission, we have earned the right to josh, josh.
them- what gives them the right to disparage GAW. They haven't earned that privilege. There is an element to their "reporting" that also serves to go after hash talk members, not just GAW or Josh All I have to say is WOW.
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suchmoon (OP)
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January 21, 2015, 03:47:08 AM |
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Very peculiar indeed, J Mordica that is Of course he may have ask to have his mug" removed for many good reasons lol He may have been fired, canned, sacked, let go, released, terminated, laid off, axed for many good reasons too.
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bitcoinnoisseur
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January 21, 2015, 03:51:22 AM |
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All they do on HT is bash every article against GAW and defend Josh like he's their first born. What I have never heard asked over there is: Why hasn't there been a single article written about GAW portraying them in a good light? If Paycoin and Paybase are so amazing and so innovative, how come absolutely no one whatsoever but us thinks so and has written about it to tell the rest of the crypto world?
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