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

[KC6TTR]

Coinbase, hmmm Paybase, Hashbase..... who is copying who ? 

• PeerCoin clone
• Beats logo upside down
• Coinbase name

any other original ideas of Josh's that i am forgetting ? 

I actually know WHO's logo they copied... and they are investigating. Wanna know who?

Scott-

[msarro]

http://www.csmonitor.com/World/Passcode/2015/0126/For-cryptocurrency-tycoon-Josh-Garza-both-fame-and-fortune-in-peril

Well, he made the mainstream news.. finally.. Very good stuff, thanks, fills in a lot of blanks for me actually.

Careful, mods have been deleting cat pictures!

[bmgbmg]

There is no company, it's a scheme a ponzi scheme from the beginning.  There's no investors, there's no exchange, there's no merchants, there's nothing except a less than one year of college "ceo" running a scheme with a few thousand btc that he managed to fleece from a mining company and ripping off a peercoin and a number of other people's ideas to start payscam.  This whole talk about merchants, features, exchanges, floors, etc is an excuse to say "we tried" when the whole thing soon crumbles to nothing.

This fucker is going to jail.

"This is how a real business and a real company handles crisis communications."

[suchmoon]

I know that was Josh's story about a coordinated effort etc., but is there any actual evidence of a conspiracy for "amassing substantial amounts of coins at a rate that didn’t arouse suspicion and precisely coordinating sales to thwart buying momentum"?

I believe vancefox found evidence of a certain well-known entity dumping its amassed substantial amounts of coins on an exchange it owns.

[bitcoinnoisseur]

http://www.csmonitor.com/World/Passcode/2015/0126/For-cryptocurrency-tycoon-Josh-Garza-both-fame-and-fortune-in-peril

Well, he made the mainstream news.. finally.. Very good stuff, thanks, fills in a lot of blanks for me actually.

Did you just refer to The Christian Science Monitor as mainstream news?

[CoinFire]

http://www.csmonitor.com/World/Passcode/2015/0126/For-cryptocurrency-tycoon-Josh-Garza-both-fame-and-fortune-in-peril

So they messed up your site links: they still point to the old .cf pages.

http://www.csmonitor.com/World/Passcode/2015/0126/For-cryptocurrency-tycoon-Josh-Garza-both-fame-and-fortune-in-peril

Twenty dollars was a prediction, said Garza, not a promise, based on “reasonable” assumptions. Still, he never corrected users' expectations that GAW would enforce a price floor of $20.

“There are variables we never saw and we didn’t factor in. The one that matters most is the organized effort to see Paycoin fail,” he said.

That conspiracy would be no small effort: amassing substantial amounts of coins at a rate that didn’t arouse suspicion and precisely coordinating sales to thwart buying momentum.

I know that was Josh's story about a coordinated effort etc., but is there any actual evidence of a conspiracy for "amassing substantial amounts of coins at a rate that didn’t arouse suspicion and precisely coordinating sales to thwart buying momentum"?

Wasn't there https://bitcointalk.org/index.php?topic=765426.msg10140490#msg10140490

Don't mind messed up links. Not doing it for the fame. Just doing it for the news.

[dave01]

There is no company, it's a scheme a ponzi scheme from the beginning.  There's no investors, there's no exchange, there's no merchants, there's nothing except a less than one year of college "ceo" running a scheme with a few thousand btc that he managed to fleece from a mining company and ripping off a peercoin and a number of other people's ideas to start payscam.  This whole talk about merchants, features, exchanges, floors, etc is an excuse to say "we tried" when the whole thing soon crumbles to nothing.

This fucker is going to jail.

"This is how a real business and a real company handles crisis communications."

Ok so if it fails he'l go to jail..dont agree fully on that
But the thing isnt finished yet
And if it dosn't fail he dont go to jail

[TracerX]

http://www.csmonitor.com/World/Passcode/2015/0126/For-cryptocurrency-tycoon-Josh-Garza-both-fame-and-fortune-in-peril

Well, he made the mainstream news.. finally.. Very good stuff, thanks, fills in a lot of blanks for me actually.

Did you just refer to The Christian Science Monitor as mainstream news?

Not the OP, but I think CS Monitor is considered fairly mainstream. Despite the name, most of their stuff is secular in tone. From wikipedia "The paper has been known for avoiding sensationalism, producing a "distinctive brand of nonhysterical journalism"". They've even won a few Pulitzers. I don't read the site often, but I have read some actual good journalism there.

Yeah, the Monitor is a secular paper--although the founder (in 1908) was a member of the Church of Christ, Scientist.  Either way, the paper has been around for more than a hundred years and should definitely could be considered "mainstream."

Our friends on HT have already decided that a century old paper is not up to their very high expectations of journalism, per normal.

[strangerdanger101]

I know that was Josh's story about a coordinated effort etc., but is there any actual evidence of a conspiracy for "amassing substantial amounts of coins at a rate that didn’t arouse suspicion and precisely coordinating sales to thwart buying momentum"?

I believe vancefox found evidence of a certain well-known entity dumping its amassed substantial amounts of coins on an exchange it owns.

Yeah if you want to know whats going on in the blockchain follow vancefox's posts.  He's listed on my morning routine of posts to check.  He's uncovered a lot of stuff, his work is greatly appreciated and I'm a huge fan of his.  https://bitcointalk.org/index.php?topic=857670.msg10095801#msg10095801  Remember the blockchain never lies.

[KC6TTR]

Just a review/update regarding the plagiarized logos Paycoin and Paybase use. Here's is some "innovation" for you...

First we have the Target to the Beats to the final Paycoin choice:




...and not to stop there, we have Garza's use of the famous Android developer, Cyanogen, logo only slightly modified to suite their Paybase scheme:




This Garza kid couldn't create a novel idea, product, or venture if his life depended on it and he WILL be held accountable for his scheming actions.

Scott-

[bitcoinnoisseur]

http://www.csmonitor.com/World/Passcode/2015/0126/For-cryptocurrency-tycoon-Josh-Garza-both-fame-and-fortune-in-peril

Well, he made the mainstream news.. finally.. Very good stuff, thanks, fills in a lot of blanks for me actually.

Did you just refer to The Christian Science Monitor as mainstream news?

Not the OP, but I think CS Monitor is considered fairly mainstream. Despite the name, most of their stuff is secular in tone. From wikipedia "The paper has been known for avoiding sensationalism, producing a "distinctive brand of nonhysterical journalism"". They've even won a few Pulitzers. I don't read the site often, but I have read some actual good journalism there.

I have never even heard of it and regardless of if you think most of their stuff is secular they are named The CHRISTIAN Science Monitor. One does not just throw a religion into their company name without being heavily persuaded by it. At least I can see no logical reason why. Therefore they get no respect and no trust from me. With that said, I am not bad mouthing them or the article I am just being completely honest. As a strong atheist I would be a hypocrite if I did otherwise.

[TracerX]

http://www.csmonitor.com/World/Passcode/2015/0126/For-cryptocurrency-tycoon-Josh-Garza-both-fame-and-fortune-in-peril

Well, he made the mainstream news.. finally.. Very good stuff, thanks, fills in a lot of blanks for me actually.

Did you just refer to The Christian Science Monitor as mainstream news?

Not the OP, but I think CS Monitor is considered fairly mainstream. Despite the name, most of their stuff is secular in tone. From wikipedia "The paper has been known for avoiding sensationalism, producing a "distinctive brand of nonhysterical journalism"". They've even won a few Pulitzers. I don't read the site often, but I have read some actual good journalism there.

I have never even heard of it and regardless of if you think most of their stuff is secular they are named The CHRISTIAN Science Monitor. One does not just throw a religion into their company name without being heavily persuaded by it. At least I can see no logical reason why. Therefore they get no respect and no trust from me. With that said, I am not bad mouthing them or the article I am just being completely honest. As a strong atheist I would be a hypocrite if I did otherwise.

You're not wrong, just maybe off-topic. Let's not get all Jesus crazy up in this bitch.
http://en.wikipedia.org/wiki/Christian_Science_Publishing_Society

[owlcatz]

I have never even heard of it and regardless of if you think most of their stuff is secular they are named The CHRISTIAN Science Monitor. One does not just throw a religion into their company name without being heavily persuaded by it. At least I can see no logical reason why. Therefore they get no respect and no trust from me. With that said, I am not bad mouthing them or the article I am just being completely honest. As a strong atheist I would be a hypocrite if I did otherwise.

That's cool, I'm an avowed atheist also, so I get how you feel. I'm just glad the issue is getting any coverage outside of crypto blogs and such.

If only the implosion of GAW/paycoin could garner the same media attention from CNN and Time like Josh launching Paycoin did! /s

Sorry, that was my main point - Seeing it outside of crypto blogs, and not a paid press release or bs article in CCN... Didn't mean to ruffle any feathers, sorry, I should have put quotes on the word mainstream looking back..  

[msarro]

I really wish the article wouldn't portray the "floor" as a misunderstanding. They take Garza's quote, but do not mention that there is copious amounts of hard evidence that Garza stated GAW would purchase coins for $20.

Basically, they forget to mention that he's a farking liar.

[WaffleMaster]

I really wish the article wouldn't portray the "floor" as a misunderstanding. They take Garza's quote, but do not mention that there is copious amounts of hard evidence that Garza stated GAW would purchase coins for $20.

Basically, they forget to mention that he's a farking liar.

Would have been nice if they had those screenshots of the "reserve is too big to fail the $20 floor" and other bullshit fraud he committed and then later tried to erase from the internet.

[suchmoon]

Everybody is copying the success of Paybase:

https://hashtalk.org/topic/30318

sciborg

New Ripple Gateway Looks Like Paybase

Hmm..This is interesting

This picture of the Ripple gateway sure resembles Paybase ALOT

https://twitter.com/GateHubNet/status/559803516643209216/photo/1

[NuShrike]

I have never even heard of it and regardless of if you think most of their stuff is secular they are named The CHRISTIAN Science Monitor.

You're being a hypocrite now for not seeing before commenting.

CSM has been easily available since Google Reader days with their RSS feeds. Then, Google Currents and now Google Play Newstand.

Just read their articles and try to find anything that drips with conservative religious bias.  I find them to be the polar opposite of the Washington Post, in fact which does drip ...

CSM also surprises me with its tech news -- and it's not just dipping toes.

[NewJerseyJess]

Is there a thread on hashtalk discussing the CSM article? I can't find it.

[suchmoon]

Is there a thread on hashtalk discussing the CSM article? I can't find it.

https://hashtalk.org/topic/30307

[msarro]

Everybody is copying the success of Paybase:

https://hashtalk.org/topic/30318

sciborg

New Ripple Gateway Looks Like Paybase

Hmm..This is interesting

This picture of the Ripple gateway sure resembles Paybase ALOT

https://twitter.com/GateHubNet/status/559803516643209216/photo/1

Of course, just like naval academies around the world are copying the success of the white star line