vObh0n]6W
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February 27, 2015, 10:15:44 PM |
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Just going off statements made by Mr. Ganza. 6.5 Million coins in Prime controllers. Supposedly a round-1 financing round where it took a million dollars just to be invited. Over-subscribed was what the word was. At a dollar per coin and what, six investors, two million dollars each, a dollar per coin?, the numbers are already way past the 12 million pre-mine. So, two investors at 2 million each. a dollar per coin.
12 million - 6.5 million - 4 million = 1.5 million coins left over to be paid out to hashpoint miners.
OK - fine - $100 million CAF and even 1.5 million coins, or, Christ, call it 3.5 million coins or even your figure of 4.8 million coins at $20 - do the math. It's the "$100 million held out of the $335 million financing to be a CAF" that's bullshit. Well, other than all the other numbers. All the numbers that Mr. HJG has ever quoted are complete and utter bullshit.
Many of the coins in Primes belong to hashstakers, which could have came from hashpoint miners. You're double-counting. I'm not saying numbers weren't made up, but your numbers are no more accurate.
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Send tips here 1d5F2nmmRSDbCDfgBq1yrLQUooSprdAn4
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bitcoinnoisseur
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February 27, 2015, 10:18:04 PM |
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Just going off statements made by Mr. Ganza. 6.5 Million coins in Prime controllers. Supposedly a round-1 financing round where it took a million dollars just to be invited. Over-subscribed was what the word was. At a dollar per coin and what, six investors, two million dollars each, a dollar per coin?, the numbers are already way past the 12 million pre-mine. So, two investors at 2 million each. a dollar per coin.
12 million - 6.5 million - 4 million = 1.5 million coins left over to be paid out to hashpoint miners.
OK - fine - $100 million CAF and even 1.5 million coins, or, Christ, call it 3.5 million coins or even your figure of 4.8 million coins at $20 - do the math. It's the "$100 million held out of the $335 million financing to be a CAF" that's bullshit. Well, other than all the other numbers. All the numbers that Mr. HJG has ever quoted are complete and utter bullshit.
The math says 4.8 million coins x $20 = $96 Million. Add any that were mined and that would have blown through the entire $100M set aside in the CAF. I think we all agree that the CAF was complete and utter bullshit anyways as you stated.
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galdur
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February 27, 2015, 10:21:14 PM |
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HashieNewb
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CryptoTalk.Org - Get Paid for every Post!
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February 27, 2015, 10:22:21 PM |
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Just going off statements made by Mr. Ganza. 6.5 Million coins in Prime controllers. Supposedly a round-1 financing round where it took a million dollars just to be invited. Over-subscribed was what the word was. At a dollar per coin and what, six investors, two million dollars each, a dollar per coin?, the numbers are already way past the 12 million pre-mine. So, two investors at 2 million each. a dollar per coin.
12 million - 6.5 million - 4 million = 1.5 million coins left over to be paid out to hashpoint miners.
OK - fine - $100 million CAF and even 1.5 million coins, or, Christ, call it 3.5 million coins or even your figure of 4.8 million coins at $20 - do the math. It's the "$100 million held out of the $335 million financing to be a CAF" that's bullshit. Well, other than all the other numbers. All the numbers that Mr. HJG has ever quoted are complete and utter bullshit.
How about 10,000 sign ups in zencloud per day? There aren't even 7500 active XPY wallet addresses in use. Where do you suppose all those sign-ups and buyers keep their XPY? How much XPY do you think is really out there in the wild when the top 100 addresses own like 90% of all the coins that exist?
Thanks for your insight and don't worry about vObh0n]6W aka ikeboy ... he's always like that.
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suchmoon (OP)
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February 27, 2015, 10:29:43 PM |
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Many of the coins in Primes belong to hashstakers, which could have came from hashpoint miners.
Technically impossible. Hashpoint miners were free to withdraw their coins at any time, unless they put them into HashStakers, which happened AFTER the initial pre-mine distribution. Well, actually it is possible if most Hashpoints were fake, generated by the likes of Craig, and never really left GAW's possession. Which is why all those figures are meaningless no matter how you look at it. Also consider that GAW never clearly separated their own coins from "investors" and "customers" coins and were caught selling "borrowed" coins on Paybase.
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galdur
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February 27, 2015, 10:35:51 PM |
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Now that the co. and coin are still alive after a million man-hours spent on this thread isn´t it time to start a new thread where one can get objective info ? This hate mongering din is way ancient.
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suchmoon (OP)
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February 27, 2015, 10:38:19 PM |
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Now that the co. and coin are still alive after a million man-hours spent on this thread isn´t it time to start a new thread where one can get objective info ? This hate mongering din is way ancient.
Go ahead. Feel free to post a link here, we'll come to visit.
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Phildo
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February 27, 2015, 10:42:39 PM |
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This is really important. Chatting amongst ourselves in this thread about how much of a scam paycoin is doesn't seem to be having any effect right now. Josh Garza seems to have the upper hand right now in this battle and that makes my fucking blood boil.
Well, maybe if commentators here were not so fast at making fun of the hopefuls, and actually point out facts and evidence. As much as I enjoy the memes and gifs posted here, it's not helping stopping the scam in the greater scheme of things. Someone has to have some tangible piece of evidence, so that at least, some 3 letter agency can get a warrant and storm the place? As much as JG likes playing everyone with hype and lies, as a minimum shouldn't the mirage of the CAF fund be a punishable offence? I learned quite a bit over here, but I don't think someone deeply invested "psychologically" would see the light reading through this post. It worked for me, it confirmed that some of my suspicions were not that far fetched, but for most of the HT crowd, BTCtalk = devil. It's going to be hard to find proof now without getting into Josh/GAW's emails/phone/bank records to see what they are actually doing. There could have been proof that the miners didn't exist, but they covered their tracks by cancelling that now. Now it comes down to very basic common sense that none of GAW's plans/announcements have never made sense. Some people need the stuff posted here to see it, some people need to see the numbers in their account reach certain numbers, some people are so stupid that they won't figure it out even after it's officially dead like some of the geniuses who invested in NEOBEE, pirate, Active mining, etc.
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inBitweTrust
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February 27, 2015, 10:42:50 PM |
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Go ahead. Feel free to post a link here, we'll come to visit.
There already is a thread where I grab the tastiest facts for easier reading here : https://bitcointalk.org/index.php?topic=900970.0This thread is still good for gossip , rumors, and an occasional relevant fact and should remain active as long as Paycoin exists. I keep the thread alive to warn newbies and provide a summary of this unwieldy thread.
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galdur
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February 27, 2015, 10:44:10 PM |
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Well, I guess it´s kicking the bucket anyway. Most of the worst obsessive-compulsive cases haven´t posted for many many minutes now that I see
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suchmoon (OP)
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February 27, 2015, 10:48:29 PM |
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Couldn't get any love in the 101 thread so decided to continue your name-calling here?
It's ok, we all have our bad days once in a while.
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Phbaby
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©
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February 28, 2015, 12:47:59 AM |
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Do you think all the member of HT that gives a positive comment about xpy is payed by Mr. Ganza? That's why they pull other member to believe also?
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galdur
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February 28, 2015, 01:18:08 AM |
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Do you think all the member of HT that gives a positive comment about xpy is payed by Mr. Ganza? That's why they pull other member to believe also?
Nah, it´s probably just like BCT. Crawling with some anons that i´d never give any flying eff about but are always desperately, compulsively, obsessively trying to save me from myself. It´s like some insane boiler room shithole pumping out unsolicited crap on overdrive. Which it most likely actually is.
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coinits
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011110000110110101110010
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February 28, 2015, 01:56:49 AM |
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Has this, yet another shit-stain unflattering article, been posted yet? Some more negative press about the GAWD Empire. You know that your business is in trouble when you type only one word into google and it brings up negative press PayCoin Promises Unkept: https://www.cryptocoinsnews.com/paycoin-promises-unkept/The Winds of Shit are a blowing. http://youtu.be/srq_MbsUTuM?t=32s
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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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Hektur
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February 28, 2015, 02:37:31 AM |
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Someone pointed out before he got shadowbanned from HT, that Stuart Fraser of Cantor Fitzgerald, another main investor into xpy, is Josh's father in law.
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coinits
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011110000110110101110010
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February 28, 2015, 02:39:26 AM |
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Someone pointed out before he got shadowbanned from HT, that Stuart Fraser of Cantor Fitzgerald, another main investor into xpy, is Josh's father in law.
That would not surprise me at all. In fact it would explain a lot of things.
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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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darkangel11
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Don't let others control your BTC -> self custody
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February 28, 2015, 02:50:32 AM |
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Someone pointed out before he got shadowbanned from HT, that Stuart Fraser of Cantor Fitzgerald, another main investor into xpy, is Josh's father in law.
And someone called bullshit on that, because he doesn't have a daughter but a son.
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galdur
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February 28, 2015, 03:15:03 AM |
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What ? You people have spent about a million man-hours on this thread and don´t even know who the guy´s father in law is ??
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darkangel11
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Don't let others control your BTC -> self custody
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February 28, 2015, 03:22:04 AM |
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Someone pointed out before he got shadowbanned from HT, that Stuart Fraser of Cantor Fitzgerald, another main investor into xpy, is Josh's father in law.
And someone called bullshit on that, because he doesn't have a daughter but a son. Two words: Chaz Bono Yep things like that happen, you never know
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