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

[Paul Revere]

Meanwhile, on Cryptsy: https://bitcoinwisdom.com/markets/cryptsy/xpybtc



I see a cheap pump in the making here after this dumping. Real thin sell pressure taking up the vacuum left in the price drop from the latest dumpage. Hard to fathom that people are still putting up buy bids at all.

Are you suggesting you are about to buy XPY??

Uh, I am not the one doing the dumping and corresponding pumping to recover the lost price afterwards. Unless, of course you think I am Josh, or You, or Joe, or Matt, with Millions of XPY and some Paycoin Shitting Machines and I am under DEEP cover here...  

[1714934381]

1714934381

[coinits]

Meanwhile, on Cryptsy: https://bitcoinwisdom.com/markets/cryptsy/xpybtc

https://i.imgur.com/stWVD9A.jpg

I see a cheap pump in the making here after this dumping. Real thin sell pressure taking up the vacuum left in the price drop from the latest dumpage. Hard to fathom that people are still putting up buy bids at all.

Are you suggesting you are about to buy XPY??

Uh, I am not the one doing the dumping and corresponding pumping to recover the lost price afterwards. Unless, of course you think I am Josh, or You, or Joe, or Matt, with Millions of XPY and some Paycoin Shitting Machines and I am under DEEP cover here...  

I just spit water through my nose. I don't care who you are; that's funny right thar!

[Phildo]

Is the the first admission by Homero that Matlack was involved in Coinstand development?

Yeah we helped with coinstand... I didn't get paid for it. Devs did.. We got involved because we where under the impression that he was going to supply a real fiat backing to the project and run the "Honor Program" through it.  At that point i was dumb enough to think some version of the CAF existed.

were you ever given an explanation for what Josh/GAW/you/anyone would do with the coins that they paid (accepted) $20 for? IT's never made sense and if you never thought to ask that question I'm not sure why anyone would trust you to "fix" anything.

[eightcylinders]

We've been pursuing legal options against ViK at Badbitcoin.org and asked our friends at a three letter organization for help in contacting him.

We have since learned... he is a she.

She is employed by GAW Miners as a "Marketing Coordinator".

I think Garza is a crook and hope Paycoin goes down but I dislike how Coinfire is playing Batman by working with government agencies who would love to crack down on ALL crypto and are finding their excuse in Garza's operations.

Memo to coinfire, You're not real journalists and you certainly aren't real cops.

You can be forgiven for not following along 100% in this saga, but Coinfire.io was hacked repeatedly, and its editor and some writers were threatened and stalked (my words; actual facts as I understand it was dead rabbits were sent).

Coinfire's Mike (I believe the owner of the BTC handle) has said that he, and the persons at CF who were threatened, will no longer write articles due to the fact that they have been actively assisting with the investigation in order to protect their own lives and well being.

It is hard to argue with that, and the fact that they have (at least ostensibly) walled off the folks involved in the investigation for journalistic credibility purposes shows they follow basic journalistic ethics. 

[recon_eric]

it would make perfect sense miavitor. to gain back his control
i hope team xpy contacted fbi etc to find out for real if its connected


on a additional note:
anyone notice that the supposed hack source is running coinstand 0.1.0
the first time it was launched to the public on the official coinstand.com domain was 0.0.9 which can be seen in archive.today. is this the old dev server Mr. Garbanzo had (and forgot to remove page testing after giving it to some hacker to use) and is running the last version supplied to him by Adam? can you shine some light which was the last version your devs worked on

the current iteration doesnt have any version numbering

http://52.11.137.127/#/aboutus was this address in the original beta release? if i remember right there was no contact info in the public beta. if that is correct then that should narrow the possible hack sources down to handful of people. my memory could be wrong tho. maybe someone archived the 0.0.9

The FBI has been contacted.

In terms of the version number the 0.1.0 was the second devs work. And as for who had direct access to that account and AWS... the account was not setup by us nor did we own it.

I am issuing a challenge to Team XPY (or whoever the hell is in charge this week.)


1.You recently mentioned "Security Team", seeing as how you've never publicly discussed having one before, when did this team come into play? Who are they?
2. How many security audits have been performed by an EXTERNAL entity? ie NOT a person otherwise associated with this project in any way shape or form? If ANY have been performed, there should be reports? How on earth did a "malicious SSH key" remain behind on your server? Please enlighten us.
3. What measures are being taken to secure the web app? The infrastructure? Nothing has been published as far as following industry best practices, least privilege, credential accountability, defense in depth, NOTHING. Security isn't a marketing tactic, it's a way of doing things right. EXAMPLE.
4. What insurances are in place for the seemingly inevitable occasion that an attacker cleans out the entire hot wallet or wreaks havoc on the application databases?

Please, answer these questions, not for me (because I have nothing at stake in your scheme), but for the last remaining folks who are TRUSTING YOU with their "money".


Feel free to answer here or here.

[rawbot]

Has anybody else noticed Jonah Dorman's advert at the bottom of his posts?   LMFAO.   I wouldn't trust you with a garden lawn.

[miaviator]

Has anybody else noticed Jonah Dorman's advert at the bottom of his posts?   LMFAO.   I wouldn't trust you with a garden lawn.

That's not an advert.   And why would you trust me?

[ladrx]

Hey, while you're here, would you mind explaining how a humble church pastor managed to scare up hundreds of thousands of dollars to buy prime controllers? You wouldn't have misappropriated your churches' funds by any chance? Surely as a "man of god", that would be deplorable. Right?

Sure,

As ive stated publicly before. It was a group purchase with multiple friends and family (some even used portion of retirement funds).  Absolutely no funds from any organization including my church were used.

Congratulations on scamming your friends and family, then, I guess. You're a real stand-up dude.

[Paul Revere]

Hey, while you're here, would you mind explaining how a humble church pastor managed to scare up hundreds of thousands of dollars to buy prime controllers? You wouldn't have misappropriated your churches' funds by any chance? Surely as a "man of god", that would be deplorable. Right?

Sure,

As ive stated publicly before. It was a group purchase with multiple friends and family (some even used portion of retirement funds).  Absolutely no funds from any organization including my church were used.

Congratulations on scamming your friends and family, then, I guess. You're a real stand-up dude.

[Franz_Huber]

Meanwhile, on Cryptsy: https://bitcoinwisdom.com/markets/cryptsy/xpybtc



I see a cheap pump in the making here after this dumping. Real thin sell pressure taking up the vacuum left in the price drop from the latest dumpage. Hard to fathom that people are still putting up buy bids at all.

Are you suggesting you are about to buy XPY??

Uh, I am not the one doing the dumping and corresponding pumping to recover the lost price afterwards. Unless, of course you think I am Josh, or You, or Joe, or Matt, with Millions of XPY and some Paycoin Shitting Machines and I am under DEEP cover here...  

Some hashtards are complaining about the price, writing about how many XPY they bought for 10-12 dollars each. There's that one guy who owns 3000. I can't feel sorry for them anymore. They had plenty of time to get out. And they're still not dumping. Soon XPY will be worth 1 satoshi.

[kken01]

some comic relief for today:
hey everyone, meet mini-garza!  
crowdfunded blender + quit 5-6 times now and comes back everytime to drain more cash out of xpy community + gets mad when people dont use his coupon codes (stock going bad?)

[owlcatz]

Some hashtards are complaining about the price, writing about how many XPY they bought for 10-12 dollars each. There's that one guy who owns 3000. I can't feel sorry for them anymore. They had plenty of time to get out. And they're still not dumping. Soon XPY will be worth 1 satoshi.

Oh shit - HODOR!!!! Lost coins!!??! Oh noes!!! 

https://hashtalk.org/topic/36953/coins-lost/2

(Team paycoin will fix it all, no worries)! 

[vancefox]

It is safe to assume, however, that the angle of the camera and or lack of proper lighting may have been used to conceal the true scale of the (actual) mining operation.

As someone else mentioned, what is so amazing is how many of the educated guesses, "FUD", and speculation on this thread turned out to be 100% spot on (including the fact you mentioned above).

Eric, prior to the 5 Ph/s (or was it 4.5 Ph/s? whatever ..) order from Bitmain, what was the actual scope of the scrypt and sha256 operation?  That is an important question and nowhere in any of the email leaks or elsewhere have I seen any firm numbers.  Assuming you are coming clean as you now seem to be, you must have some pretty good idea about the hash rates that were in existence in September/October/November while the whole hashlet thing was getting pumped.

prior to the 5 Ph/s (or was it 4.5 Ph/s? whatever ..) order from Bitmain, what was the actual scope of the scrypt and sha256 operation?

I honestly have no idea. I was never given those numbers nor were they available to me. At this point, it would make no difference to me to share them if I did know so I have no reason to withhold it.

What I do know, from things he said internally, is that JG's "strategy" did not involve a 1:1 ratio of 'hash rate sold' versus 'hash rate in stock'. Fractional Reserve, as it's called.


EDIT: If I had to GUESS, I'd guess about 1 to 1.5 PH at the peak of the operation.*


*This is a GUESS and is strictly based on my own indirect observations.

Based on actual measured usage of ~1.2MW per hour over 23 days at that site I would concur with your estimation of between 1-1.5 PHs under the assumption that the lighting, servers, switches, and air handling equipment was on that same feed.  If not, then My estimation would be between 1.2-1.6 PHs, assuming average efficiency of equipment in that picture.

[Franz_Huber]

Some hashtards are complaining about the price, writing about how many XPY they bought for 10-12 dollars each. There's that one guy who owns 3000. I can't feel sorry for them anymore. They had plenty of time to get out. And they're still not dumping. Soon XPY will be worth 1 satoshi.

Oh shit - HODOR!!!! Lost coins!!??! Oh noes!!! 

https://hashtalk.org/topic/36953/coins-lost/2

(Team paycoin will fix it all, no worries)! 

yeah, I heard the new devs are awesome! 

[Paul Revere]

Some hashtards are complaining about the price, writing about how many XPY they bought for 10-12 dollars each. There's that one guy who owns 3000. I can't feel sorry for them anymore. They had plenty of time to get out. And they're still not dumping. Soon XPY will be worth 1 satoshi.

Oh shit - HODOR!!!! Lost coins!!??! Oh noes!!! 

https://hashtalk.org/topic/36953/coins-lost/2

(Team paycoin will fix it all, no worries)! 

yeah, I heard the new devs are awesome! 

Shooor! We'll find your coins. Nyuck Nyuck Nyuck!

[miaviator]

[Paul Revere]

NO SOUP FOR YOU! GET OUT!


https://hashtalk.org/topic/36954/we-all-understand-that-the-coin-is-dead-yes/30
Archive: https://archive.is/3j1mZ

[kken01]

made me giggle 


the sad truth is this:


HODLERs are already DEAD! and now the few people deeply involved are trying to find the life boats. Garza is going down tho 

[owlcatz]

NO SOUP FOR YOU! GET OUT!


https://hashtalk.org/topic/36954/we-all-understand-that-the-coin-is-dead-yes/30
Archive: https://archive.is/3j1mZ

[KeyserSoze]

...You can find videos of more attractive people...

What is more attractive to one may not be to another. This, my good man, is the spice of life.