Paul Revere
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The Scamcoats are coming!
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May 03, 2015, 03:57:22 PM |
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Maybe I missed it, but were there ever any terms to the purchase of coin swap in those email dumps? I was just wondering what he paid and what the terms of the purchase were. Was that an attempt to eliminate paycoin from exchanges that failed? Wondering what the real story was on that anyways.
If you look up the story behind coin-swap it was an exchange which was hacked for several thousand XPY maybe even 10's of thousands. The story I've read, either here or on other forums, was that GAW offered to replace the stolen XPY in exchange for the exchange. There may have been additional payments for time and services, the basic premise was that the owner of coin-swap was to work for years to payback all of his customers. The owner was very honest and transparent to the point that he doxxed himself on his website and stated every coin would be paid back. Coin swap was bought for an undisclosed amount. This is the first time ive heard about any hacks, and I dont think that is true (at least before Josh bought them). I'm friends with one of the former owners and I think he would have mentioned that to me. There was a closure of CoinSwap, I think it was in the first few days of Paycoin trading. I did not hear that it was a hack, but it does fit. When it happened, I had a small amount of XPY on CS, and they did make good after re-opening a couple days later. @ Bitillionaire: Adam Mcnutty is pulling your leg about buying 167 BTC worth of XPY on 4/13 for $.11 . There was a brief period where a dump sent the price down that low, but from what I can see there was maybe ~50 BTC worth dumped at that price. Depending on exactly when he bought the BTC, that is. The price was real close to what it is right now for most of 4/13, and then slid, XPY following the same slide. At best he is even right now, more likely he is down. If the moron had sold 12 hours after buying on 4/13 when the pump happened, THEN he would have been up a lot, but this idiot is still holding, letting all of that profit opportunity pass him by.  The Paycoiners tend to lie about their "investments", pretty much like when you talk to someone coming back from Vegas/ Local Indian Casino. They prefer to say they made out even or won a little, when damned near all gamblers LOSE. If gamblers did anywhere near what they claim, Casinos would all be out of business. |
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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TheMage
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May 03, 2015, 04:06:58 PM |
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Coin swap was bought for an undisclosed amount. This is the first time ive heard about any hacks, and I dont think that is true (at least before Josh bought them). I'm friends with one of the former owners and I think he would have mentioned that to me.
Seriously? Seriously on which part? Yes it's all serious  . Maybe I missed it, but were there ever any terms to the purchase of coin swap in those email dumps? I was just wondering what he paid and what the terms of the purchase were. Was that an attempt to eliminate paycoin from exchanges that failed? Wondering what the real story was on that anyways.
If you look up the story behind coin-swap it was an exchange which was hacked for several thousand XPY maybe even 10's of thousands. The story I've read, either here or on other forums, was that GAW offered to replace the stolen XPY in exchange for the exchange. There may have been additional payments for time and services, the basic premise was that the owner of coin-swap was to work for years to payback all of his customers. The owner was very honest and transparent to the point that he doxxed himself on his website and stated every coin would be paid back. Coin swap was bought for an undisclosed amount. This is the first time ive heard about any hacks, and I dont think that is true (at least before Josh bought them). I'm friends with one of the former owners and I think he would have mentioned that to me. I just never heard it mentioned but I thought the whole thing was weird since Josh buys this exchange that worked fairly well and then he just shuts it down? Maybe he didn't buy it like Miaviator says? Well, someone is correct. I don't really care, just never heard this story discussed until now. Here is my take on the events (and this is just speculation). Josh tried to control who trades paycoin early on to ensure he can control the price, several exchanges did just this, and since there was a vacuum coin-swap had incredible volume. This was noticed and the exchange was bought, along with the from what im told the solid back end engine running the exchange. |
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miaviator
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It's for the children!
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May 03, 2015, 04:15:21 PM |
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Here is my take on the events (and this is just speculation). Josh tried to control who trades paycoin early on to ensure he can control the price, several exchanges did just this, and since there was a vacuum coin-swap had incredible volume. This was noticed and the exchange was bought, along with the from what im told the solid back end engine running the exchange.
You are speculating based on the false premise that Mr Garza is much more intelligent than he actually is. If you correct that false premise you will be able to speculate more accurately. |
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truckinusa
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May 03, 2015, 04:22:24 PM |
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Here is my take on the events (and this is just speculation). Josh tried to control who trades paycoin early on to ensure he can control the price, several exchanges did just this, and since there was a vacuum coin-swap had incredible volume. This was noticed and the exchange was bought, along with the from what im told the solid back end engine running the exchange.
You are speculating based on the false premise that Mr Garza is much more intelligent than he actually is. If you correct that false premise you will be able to speculate more accurately. Usually whenever I analyze a situation involving Josh I ask, "What's in it for Josh?" Giving away XPY didn't cost him anything, but controlling trading would definitely benefit him. |
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TheMage
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May 03, 2015, 04:25:38 PM |
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Here is my take on the events (and this is just speculation). Josh tried to control who trades paycoin early on to ensure he can control the price, several exchanges did just this, and since there was a vacuum coin-swap had incredible volume. This was noticed and the exchange was bought, along with the from what im told the solid back end engine running the exchange.
You are speculating based on the false premise that Mr Garza is much more intelligent than he actually is. If you correct that false premise you will be able to speculate more accurately. That is speculation, but it still does not change the fact that the original owners did get paid for coin swap. |
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Paul Revere
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The Scamcoats are coming!
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May 03, 2015, 04:35:39 PM |
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Hashtalker forum is back up , and all of the posts from the last 2 days have been deleted. LMAO. The natives were restless for the last couple days, so Homero just tossed all of it in the Memory Hole. Fixed! https://hashtalk.ch/topic/37305/all-posts-from-the-last-2-days-have-disappeared/6Archive: https://archive.is/dgxa8 |
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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miaviator
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May 03, 2015, 04:38:01 PM
Last edit: May 03, 2015, 05:06:29 PM by miaviator |
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That is speculation, but it still does not change the fact that the original owners did get paid for coin swap.
Until I can find publicly made statements on the matter, I retract my previous statement. The exchange was offline for a period of time prior to it's purchase by Josh. http://altcoins.in/coin-swap-down-hacked-paycoin-gone-bye-bye/http://coinfire.io/2014/12/20/coin-swap-goes-offline-due-to-technical-issues/http://qntra.net/2015/02/coin-swap-users-unable-to-withdraw-their-coins/Coin-swap is off the XPY bandwagon for a while it seems.. Just noticed this on the main page: We are reverting to our old trade engine and auditing our books. We greatly apologize for the inconvenience. Update 12/20 9:22 AM ET: Good morning. I will not have much of an update right now except that our new engine did not work as intended. We have been informed that people were able to withdrawal more than they should have been able to. Thank you to those that informed us. The next step is going to be a very long and detailed look at our logs. There is no other solution than to go through all of the transactions one by one and there are a few thousand. This will not be fast and we will not open up until we have a good handle on our situation. I GREATLY apologize for the mess. My name is Ian Childress and my Linkedin profile is https://www.linkedin.com/pub/ian-childress/4/883/649. I am not a scammer, I made code that broke. I will give more details as I have them. Update 12/20 9:37 AM ET: Quickly checking in. I want to confirm that no one gained illegal entry into our system at any time. It was not a hack, it was faulty code that didnt adjust balances properly. It was about a 20 minute window from what I can tell. We still have the vast majority of our reserves but until I can say yes this is your correct balance, you may withdrawal it I cannot open back up. Due to the balance bug, SOME people have a higher balance than they should have. This makes our database balance and wallet balance not match up. Until we can determine exactly where everything went, we cannot open. I expect this to take at least 24 hours. I greatly apologize and take full responsibility. I will not disappear, I will continue to work until everything is resolved in the best way possible. What is it about all these companies having never heard of proper QA, you would think that deposit/withdrawal would be tested extensively as they are the core of the system and can bankrupt them in a mater of minutes?! Also, how is this even remotely possible for a company keeping a database balance and a wallet balance to not code an automatic shutoff if there is a discrepancy above xx%? |
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miaviator
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It's for the children!
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May 03, 2015, 04:50:47 PM |
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favdesu
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May 03, 2015, 04:55:06 PM |
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Translation: "I'm out of muggle money. Give me money to run my playground. PS FUD/Troll/Common Sense still banned" |
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maildir
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May 03, 2015, 04:58:31 PM |
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SANs: ssl6427.cloudflare.com, *.acrylicwifi.com, *.aubonsens.fr, *.betvip.asia, *.blackhairinformation.com, *.deepwebturkiye.org, *.hashtalk.ch, *.lazycoins.com, *.mobileroadie.com, *.ominto.com, *.partnered.com, *.placelibertine.com, *.protectwise.com, *.scamwarners.com, *.sco-hosting.asia, *.tvple.com, *.yakitome.com, acrylicwifi.com, aubonsens.fr, betvip.asia, blackhairinformation.com, deepwebturkiye.org, hashtalk.ch, lazycoins.com, mobileroadie.com, ominto.com, partnered.com, placelibertine.com, protectwise.com, scamwarners.com, sco-hosting.asia, tvple.com, yakitome.com |
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D4RK5T4R
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May 03, 2015, 05:02:23 PM |
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And so the religious ponzi scheme starts. Invest your (dis)belief in something you cannot see or prove.  |
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miaviator
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May 03, 2015, 05:10:51 PM |
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miaviator
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May 03, 2015, 05:38:22 PM |
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https://bitcointalk.org/index.php?topic=1046567.0Topic: hashtalk.ch hashtalk.org is it a SCAM? SNIP Please be informed and be cautious when giving personal information to a website owned by parties which are unknown!
HashTalk.ch claims to be owned by companies which do NOT EXIST in the locations they publish!
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miaviator
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May 03, 2015, 05:43:44 PM |
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miaviator
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May 03, 2015, 05:51:43 PM |
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Flagged and hidden on GH forum:
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bitillionaire
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May 03, 2015, 05:56:45 PM |
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And so the religious ponzi scheme starts. Invest your (dis)belief in something you cannot see or prove. Winner. Of. The. Internet. For. Serious. |
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Franz_Huber
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CryptoTalk.Org - Get Paid for every Post!
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May 03, 2015, 06:30:54 PM |
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 Don't worry, Onetrack. Your money was gone the moment you sent it there, and you would not have gotten a card anyway. Jesus, it's hard to believe that some gullible idiots really "preordered" that shit. |
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miaviator
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May 03, 2015, 06:37:03 PM |
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Don't worry, Onetrack. Your money was gone the moment you sent it there, and you would not have gotten a card anyway. Jesus, it's hard to believe that some gullible idiots really "preordered" that shit. What is this? CoinPayments.net is still online. |
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coinits
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011110000110110101110010
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May 03, 2015, 06:42:07 PM |
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Don't worry, Onetrack. Your money was gone the moment you sent it there, and you would not have gotten a card anyway. Jesus, it's hard to believe that some gullible idiots really "preordered" that shit. The level of stupidity in these people has no boundaries. These people, collectively, would have a hard time breaking 100 for an IQ. WOW. Just fucking WOW! |
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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