Paul Revere
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Activity: 406
Merit: 260
The Scamcoats are coming!
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February 05, 2015, 03:53:57 PM |
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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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systematicdeception
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Activity: 154
Merit: 10
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February 05, 2015, 04:05:20 PM |
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Hey here's a thought.... GAW started off selling hardware in the good ole days when there was high demand and high profit margin... Then hardware sales started to slide and profit margins narrowed significantly... GAW decides to enter fractional reserve (before that was even a well-known term) in order to "solve the problem of rapidly declining prospects of ROI" (translation: to keep the profit margins high) Then as the fractional reserve (Hashlet) operation starts to flip upside down as it inevitably would (characteristic of a ponzi scheme), Josh needed another quick exit... Enter Paycoin. Now I honestly believe that Paycoin was probably always on the road map for GAW, but I have a feeling it was significantly rushed merely due to the rapidly collapsing ZenCloud ponzi. They needed an exit, a way to offload all of that hash power liability before the collapse and Hashpoints were the only solution. Josh knew that his only surefire way to offload that liability was by offering something at ~$4 and promising it would soon be valued at $20... Why else do you think they started offering a form of Paycoin before it even existed, hell before it was even called Paycoin? It was one knee-jerk, emotional response after another. All decisions clearly fueled by desperation to prevent the collapse and subsequent discovery of the lack of fractional reserver operation. Who wouldn't jump ship for that? It was really smart actually, but so are most other well thought out schemes. All of that said, even in the total failure of Paycoin, Josh accomplished his goal... The collapse of ZenCloud was overshadowed by the rapid rise and fall of Paycoin which can only be blamed on "unpredictable market conditions" and "trolls, fudsters, and no-name news organizations". Simple art of distraction. My prediction? He will try to offer some sort of Paycoin 2.0 to offload all the bad publicity of his Paycoin failure.. How do I know this? See pattern above. Mark my words, he'll either disappear into the night leaving the country on a plane or try to push some new scheme to his faithful followers. Or both?
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Paul Revere
Sr. Member
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Activity: 406
Merit: 260
The Scamcoats are coming!
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February 05, 2015, 04:16:01 PM |
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I think he will move to another scam that is removed from Crypto. Electric cars is my prediction, this asshole goes on about Tesla cars a lot.
OR: Solar/Windpower. His Spiderman Undeprants wearing faithful cultists are way into that shit, and there are huge amounts of Gubment money available for the picking.
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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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lolwut
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Activity: 1148
Merit: 1000
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February 05, 2015, 04:17:43 PM |
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I think he will move to another scam that is removed from Crypto. Electric cars is my prediction, this asshole goes on about Tesla cars a lot.
OR: Solar/Windpower. His Spiderman Undeprants wearing faithful cultists are way into that shit, and there are huge amounts of Gubment money available for the picking.
except no one will work with him. a quick google search of his name, he's fucked.
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systematicdeception
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February 05, 2015, 04:19:31 PM |
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except no one will work with him. a quick google search of his name, he's fucked.
This statement = Win. He'll never recover from this as a person. Search results do not forget.
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Phildo
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Merit: 1000
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February 05, 2015, 04:21:49 PM |
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Who knows when the scam started, but they all go the same way, and it makes sense logically (if you are willing to scam).
Let's make some money.
People want bitcoin miners, let's sell some.
Why are we wasting money shipping them? Let's just keep them here and send the coins to the people that paid for them.
Why are we wasting money buying miners? They are giving me 1 btc, I am sending .9 to a manufacturer, and then sending .8 to the "customer" why don't I just take the 1 btc and send the .8 btc back.
Man, people stopped giving us money, how can we convince these rubes to give us more? I know, a new coin...
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Paul Revere
Sr. Member
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Activity: 406
Merit: 260
The Scamcoats are coming!
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February 05, 2015, 04:23:12 PM |
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except no one will work with him. a quick google search of his name, he's fucked.
This statement = Win. He'll never recover from this as a person. Search results do not forget. You are overlooking that a lot of evidence of Josh being a scammer was already out there when he started this latest scam. The shallow end of the gene pool is rather deep and wide and this asshole has the formula down for suckering these idiots that have a few sheckles in the bank and zero common sense.
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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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strangerdanger101
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February 05, 2015, 04:23:53 PM |
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except no one will work with him. a quick google search of his name, he's fucked.
This statement = Win. He'll never recover from this as a person. Search results do not forget. Relevant:
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What has it got in its pocketses precious? BTC: 1KctJNLwzFK8qJPsSwDrQRNxxKnVCrZm93
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toknormal
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February 05, 2015, 04:28:01 PM |
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Looks like Josh is taking his morning dump:
The whole support buywall broken in 3 trades:
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Paul Revere
Sr. Member
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Activity: 406
Merit: 260
The Scamcoats are coming!
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February 05, 2015, 04:30:07 PM |
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Looks like Josh is taking his morning dump:
The whole support buywall broken in 3 trades: And the next support is @ .0040 with about ~1800 in bids. I have a feeling Josh will try to maintain the $1 value for a while tho, so the greedy fucking prick may not gobble that one up today because it could slide bigtime if that one is breached. We shall see.
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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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TracerX
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February 05, 2015, 04:31:51 PM |
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except no one will work with him. a quick google search of his name, he's fucked.
This statement = Win. He'll never recover from this as a person. Search results do not forget. You are overlooking that a lot of evidence of Josh being a scammer was already out there when he started this latest scam. The shallow end of the gene pool is rather deep and wide and this asshole has the formula down for suckering these idiots that have a few sheckles in the bank and zero common sense. This. There's a sucker born every minute (regardless of who coined the phrase, it rings true.)
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adib
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February 05, 2015, 04:49:00 PM |
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TIPS - 19JLxDkCfn5x667xCeSgmYNop4WLR3ci27
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AnimoEsto
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February 05, 2015, 04:52:34 PM |
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Nice post - apparently I got banned and shadowbanned because my post wasnt on-topic..... So IT Procedures for coding obviously isnt what he wants
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coinits
Legendary
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Activity: 1582
Merit: 1019
011110000110110101110010
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February 05, 2015, 04:53:06 PM |
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The only thing left is for Jessica to leave him for another man, take the kids with her, and then get big child support and alimony payments, not to mention a huge lumpsum settlement.
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Jump you fuckers! | The thing about smart motherfuckers is they sound like crazy motherfuckers to dumb motherfuckers. | My sig space for rent for 0.01 btc per week.
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Bourbon44
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February 05, 2015, 05:09:07 PM |
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Maybe if Josh spent as much time enforcing manners on hash talk as he should do on his coin, this whole XPY thing wouldn't be such a shit show. Under $1 now, btw.
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RespectCensorship
Newbie
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Activity: 1
Merit: 0
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February 05, 2015, 05:11:05 PM |
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People seem to be still getting tripped up by NodeBB and archiving, here's how to take decent quality captures of their forums. - Go the page you want in FireFox
- Scroll down to the bottom (or however much you want to capture)
- Tools > Web Developer > Developer Toolbar
- Type "screenshot --fullscreen <filename>.png" at the prompt at the bottom of the window
Probably don't embed them in this post as the screenshots are absolutely huge. For a look at the results, here's the recent Respect My Authoritah thread captured properly and uploaded to imgur.com. It may take a few seconds to print out bigger pages, and you might want to choose .jpg for them instead of .png to keep the size down as much as possible. https://i.imgur.com/iyFdZCl.pngHappy archiving!
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welchy8764
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February 05, 2015, 05:19:56 PM |
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The only thing left is for Jessica to leave him for another man, take the kids with her, and then get big child support and alimony payments, not to mention a huge lumpsum settlement.
Josh would shadow ban her!!
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coinits
Legendary
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Activity: 1582
Merit: 1019
011110000110110101110010
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February 05, 2015, 05:25:32 PM |
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Looking at paybase.com he is now encouraging people to link their bank account with them. I wonder who would be stupid enough to do this? GAWD awful!
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Jump you fuckers! | The thing about smart motherfuckers is they sound like crazy motherfuckers to dumb motherfuckers. | My sig space for rent for 0.01 btc per week.
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coinits
Legendary
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Activity: 1582
Merit: 1019
011110000110110101110010
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February 05, 2015, 05:26:02 PM |
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The only thing left is for Jessica to leave him for another man, take the kids with her, and then get big child support and alimony payments, not to mention a huge lumpsum settlement.
Josh would shadow ban her!! Troof!
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Jump you fuckers! | The thing about smart motherfuckers is they sound like crazy motherfuckers to dumb motherfuckers. | My sig space for rent for 0.01 btc per week.
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