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

[suchmoon]

wait wait wait... Where is the 100% proof of me dumping coins on the exchanges?

Oh, the man himself. Can you point me to some details about the xpy.io hedgers? I don't get the part where you pay e.g. a 10% fee for a ~6% gain in 3 months.
http://i.snag.gy/o8zaW.jpg

I don't think xpy.io is a Matlock/Paycoin Foundation production?

Oh FFS. So who is responsible for it then?

[miaviator]

wait wait wait... Where is the 100% proof of me dumping coins on the exchanges?

Oh, the man himself. Can you point me to some details about the xpy.io hedgers? I don't get the part where you pay e.g. a 10% fee for a ~6% gain in 3 months.
http://i.snag.gy/o8zaW.jpg

I don't think xpy.io is a Matlock/Paycoin Foundation production?

Oh FFS. So who is responsible for it then?

Team XPY / Team Paycoin.

The controllers are from The Paycoin Foundation. 

[Matlock]

wait wait wait... Where is the 100% proof of me dumping coins on the exchanges?

Oh, the man himself. Can you point me to some details about the xpy.io hedgers? I don't get the part where you pay e.g. a 10% fee for a ~6% gain in 3 months.
http://i.snag.gy/o8zaW.jpg

Yeah the purpose of this is for people to be able to invest in XPY while completely sharing in the upside verses limiting the downside to a maximum of 10 percent loss.  In this account you would need XPY to gain 5 percent to makeup the paid fee.

a good explanation for some people can be found here.  http://www.investopedia.com/terms/h/hedge.asp

These are really limited due to the fact its basically shorting XPY for the purpose of us trying to create a protection of sorts for new or current investors.  It was started as a pilot to see if this would be something someone is interested in.  So far most people are just confused.  So maybe the financial move is probably a little to confusing.  Ultimately the Goal of this program is to try to create hopefully winning situations for investors into crypto... or at minimum create limited downside propositions.

[GIminer]

Just in case your daily fix of paycoin imbecility is not sufficient anymore: The hashtards now have their own badly written facebook clone. Have fun with "The Paycoin Users Social Network". http://paycoin.social

That's an insult to Facebook...

https://i.imgur.com/gy89uCY.png

Hashtardbook already has 10 users...   

[Crestington]

wait wait wait... Where is the 100% proof of me dumping coins on the exchanges?

Oh, the man himself. Can you point me to some details about the xpy.io hedgers? I don't get the part where you pay e.g. a 10% fee for a ~6% gain in 3 months.

Yeah the purpose of this is for people to be able to invest in XPY while completely sharing in the upside verses limiting the downside to a maximum of 10 percent loss.  In this account you would need XPY to gain 5 percent to makeup the paid fee.

a good explanation for some people can be found here.  http://www.investopedia.com/terms/h/hedge.asp

These are really limited due to the fact its basically shorting XPY for the purpose of us trying to create a protection of sorts for new or current investors.  It was started as a pilot to see if this would be something someone is interested in.  So far most people are just confused.  So maybe the financial move is probably a little to confusing.  Ultimately the Goal of this program is to try to create hopefully winning situations for investors into crypto... or at minimum create limited downside propositions.

How is transperancy being handled with xpy.io? I think the idea makes sense but in order for it to even have a hope in succeeding there needs to be transparency for it's holders, what will hurt you the most is people not knowing.

[Matlock]

wait wait wait... Where is the 100% proof of me dumping coins on the exchanges?

Oh, the man himself. Can you point me to some details about the xpy.io hedgers? I don't get the part where you pay e.g. a 10% fee for a ~6% gain in 3 months.
http://i.snag.gy/o8zaW.jpg

Yeah the purpose of this is for people to be able to invest in XPY while completely sharing in the upside verses limiting the downside to a maximum of 10 percent loss.  In this account you would need XPY to gain 5 percent to makeup the paid fee.

a good explanation for some people can be found here.  http://www.investopedia.com/terms/h/hedge.asp

These are really limited due to the fact its basically shorting XPY for the purpose of us trying to create a protection of sorts for new or current investors.  It was started as a pilot to see if this would be something someone is interested in.  So far most people are just confused.  So maybe the financial move is probably a little to confusing.  Ultimately the Goal of this program is to try to create hopefully winning situations for investors into crypto... or at minimum create limited downside propositions.

How is transperancy being handled with xpy.io? I think the idea makes sense but in order for it to even have a hope in succeeding there needs to be transparency for it's holders, what will hurt you the most is people not knowing.

Im with you there.. they are encoding a live asset to liabilities graph and alongside that posting those addresses.  The only issue here is that even those numbers could be fudged... and they could lie about the liability side of it.  So beyond showing some trusted members of the community and or outside the community the actual debt/liability balance im not sure what could be done.  Ive been told they are open to that btw.

[Matlock]

We are in a hangout now if anyone wants to chat... ask questions... or you can use this opportunity to call us idiots/scammers/crooks or what have you through voice/video chat

https://plus.google.com/hangouts/_/xpydev.org/xpy

[miaviator]

We are in a hangout now if anyone wants to chat... ask questions... or you can use this opportunity to call us idiots/scammers/crooks or what have you through voice/video chat

https://plus.google.com/hangouts/_/xpydev.org/xpy

You can also lurk and use text to call adam a money launderer.

[bitpop]

We are in a hangout now if anyone wants to chat... ask questions... or you can use this opportunity to call us idiots/scammers/crooks or what have you through voice/video chat

https://plus.google.com/hangouts/_/xpydev.org/xpy

Will you launder money on video?

[Matlock]

We are in a hangout now if anyone wants to chat... ask questions... or you can use this opportunity to call us idiots/scammers/crooks or what have you through voice/video chat

https://plus.google.com/hangouts/_/xpydev.org/xpy

You can also lurk and use text to call adam a money launderer.

http://www.moneypit.com/sites/default/files/images/Bathroom/washer%20money.jpg

[suchmoon]

Yeah the purpose of this is for people to be able to invest in XPY while completely sharing in the upside verses limiting the downside to a maximum of 10 percent loss.  In this account you would need XPY to gain 5 percent to makeup the paid fee.

a good explanation for some people can be found here.  http://www.investopedia.com/terms/h/hedge.asp

These are really limited due to the fact its basically shorting XPY for the purpose of us trying to create a protection of sorts for new or current investors.  It was started as a pilot to see if this would be something someone is interested in.  So far most people are just confused.  So maybe the financial move is probably a little to confusing.  Ultimately the Goal of this program is to try to create hopefully winning situations for investors into crypto... or at minimum create limited downside propositions.

Ok, I think I get the idea but if I wanted to gamble on XPY value I would likely do better just by buying it on Cryptsy or 'trex.

Or perhaps it's just worded backwards. There should be a way to phrase it to make sense because now it sounds like a horrible deal either way.

[Matlock]

Yeah the purpose of this is for people to be able to invest in XPY while completely sharing in the upside verses limiting the downside to a maximum of 10 percent loss.  In this account you would need XPY to gain 5 percent to makeup the paid fee.

a good explanation for some people can be found here.  http://www.investopedia.com/terms/h/hedge.asp

These are really limited due to the fact its basically shorting XPY for the purpose of us trying to create a protection of sorts for new or current investors.  It was started as a pilot to see if this would be something someone is interested in.  So far most people are just confused.  So maybe the financial move is probably a little to confusing.  Ultimately the Goal of this program is to try to create hopefully winning situations for investors into crypto... or at minimum create limited downside propositions.

Ok, I think I get the idea but if I wanted to gamble on XPY value I would likely do better just by buying it on Cryptsy or 'trex.

Or perhaps it's just worded backwards. There should be a way to phrase it to make sense because now it sounds like a horrible deal either way.

If you buy them off cryptsy.. and the price tanks... then you loose far more then 10 percent. Thats the point of the hedge.  But i agree that im sure we could word it better.

[suchmoon]

wait wait wait... Where is the 100% proof of me dumping coins on the exchanges?

Oh, the man himself. Can you point me to some details about the xpy.io hedgers? I don't get the part where you pay e.g. a 10% fee for a ~6% gain in 3 months.
http://i.snag.gy/o8zaW.jpg

I don't think xpy.io is a Matlock/Paycoin Foundation production?

Oh FFS. So who is responsible for it then?

Team XPY / Team Paycoin.

The controllers are from The Paycoin Foundation. 

I've had a long week so I might be hallucinating now but it sounds to me like you contradicted yourself right here? Who is Team XPY again? Totally unrelated to Matlock?

[Crestington]

Yeah the purpose of this is for people to be able to invest in XPY while completely sharing in the upside verses limiting the downside to a maximum of 10 percent loss.  In this account you would need XPY to gain 5 percent to makeup the paid fee.

a good explanation for some people can be found here.  http://www.investopedia.com/terms/h/hedge.asp

These are really limited due to the fact its basically shorting XPY for the purpose of us trying to create a protection of sorts for new or current investors.  It was started as a pilot to see if this would be something someone is interested in.  So far most people are just confused.  So maybe the financial move is probably a little to confusing.  Ultimately the Goal of this program is to try to create hopefully winning situations for investors into crypto... or at minimum create limited downside propositions.

Ok, I think I get the idea but if I wanted to gamble on XPY value I would likely do better just by buying it on Cryptsy or 'trex.

Or perhaps it's just worded backwards. There should be a way to phrase it to make sense because now it sounds like a horrible deal either way.

If you buy them off cryptsy.. and the price tanks... then you loose far more then 10 percent. Thats the point of the hedge.  But i agree that im sure we could word it better.

Are you aware that this would technically class a security by holding other peoples Coins? Funds held within the system would need to also be backed and can be liable for their loss, any misappropriation of funds held within xpy.io could be subject to securities fraud.

[miaviator]

wait wait wait... Where is the 100% proof of me dumping coins on the exchanges?

Oh, the man himself. Can you point me to some details about the xpy.io hedgers? I don't get the part where you pay e.g. a 10% fee for a ~6% gain in 3 months.
http://i.snag.gy/o8zaW.jpg

I don't think xpy.io is a Matlock/Paycoin Foundation production?

Oh FFS. So who is responsible for it then?

Team XPY / Team Paycoin.

The controllers are from The Paycoin Foundation. 

I've had a long week so I might be hallucinating now but it sounds to me like you contradicted yourself right here? Who is Team XPY again? Totally unrelated to Matlock?

Absolutely not totaly unrelated.

Absolutely related.

[suchmoon]

Yeah the purpose of this is for people to be able to invest in XPY while completely sharing in the upside verses limiting the downside to a maximum of 10 percent loss.  In this account you would need XPY to gain 5 percent to makeup the paid fee.

a good explanation for some people can be found here.  http://www.investopedia.com/terms/h/hedge.asp

These are really limited due to the fact its basically shorting XPY for the purpose of us trying to create a protection of sorts for new or current investors.  It was started as a pilot to see if this would be something someone is interested in.  So far most people are just confused.  So maybe the financial move is probably a little to confusing.  Ultimately the Goal of this program is to try to create hopefully winning situations for investors into crypto... or at minimum create limited downside propositions.

Ok, I think I get the idea but if I wanted to gamble on XPY value I would likely do better just by buying it on Cryptsy or 'trex.

Or perhaps it's just worded backwards. There should be a way to phrase it to make sense because now it sounds like a horrible deal either way.

If you buy them off cryptsy.. and the price tanks... then you loose far more then 10 percent. Thats the point of the hedge.  But i agree that im sure we could word it better.

If I was concerned about that I would either not buy or put a stop-loss at less than 10%.

I get what you're saying and I've seen limited downside instruments before but I don't recall any of them being so convoluted. Maybe the option to pay out in XPY or BTC shouldn't be there. Make it BTC-only. Spell out all possible scenarios as compared to buy+hold (XPY goes down more than -X% - you lose but no more than Y%, etc). Hire Buckeye to write a wall of text about it.

[suchmoon]

Yeah the purpose of this is for people to be able to invest in XPY while completely sharing in the upside verses limiting the downside to a maximum of 10 percent loss.  In this account you would need XPY to gain 5 percent to makeup the paid fee.

a good explanation for some people can be found here.  http://www.investopedia.com/terms/h/hedge.asp

These are really limited due to the fact its basically shorting XPY for the purpose of us trying to create a protection of sorts for new or current investors.  It was started as a pilot to see if this would be something someone is interested in.  So far most people are just confused.  So maybe the financial move is probably a little to confusing.  Ultimately the Goal of this program is to try to create hopefully winning situations for investors into crypto... or at minimum create limited downside propositions.

Ok, I think I get the idea but if I wanted to gamble on XPY value I would likely do better just by buying it on Cryptsy or 'trex.

Or perhaps it's just worded backwards. There should be a way to phrase it to make sense because now it sounds like a horrible deal either way.

If you buy them off cryptsy.. and the price tanks... then you loose far more then 10 percent. Thats the point of the hedge.  But i agree that im sure we could word it better.

Are you aware that this would technically class a security by holding other peoples Coins? Funds held within the system would need to also be backed and can be liable for their loss, any misappropriation of funds held within xpy.io could be subject to securities fraud.

I don't even want to go there... all these attempts to simulate fiat financial instruments are asking for trouble, especially in the US of A. I hope Team XPY (absolutely related) have talked to real regulatory experts, not Garza's imaginary ones.

[bitpop]

Geez this scamming never stops

[Matlock]

Yeah the purpose of this is for people to be able to invest in XPY while completely sharing in the upside verses limiting the downside to a maximum of 10 percent loss.  In this account you would need XPY to gain 5 percent to makeup the paid fee.

a good explanation for some people can be found here.  http://www.investopedia.com/terms/h/hedge.asp

These are really limited due to the fact its basically shorting XPY for the purpose of us trying to create a protection of sorts for new or current investors.  It was started as a pilot to see if this would be something someone is interested in.  So far most people are just confused.  So maybe the financial move is probably a little to confusing.  Ultimately the Goal of this program is to try to create hopefully winning situations for investors into crypto... or at minimum create limited downside propositions.

Ok, I think I get the idea but if I wanted to gamble on XPY value I would likely do better just by buying it on Cryptsy or 'trex.

Or perhaps it's just worded backwards. There should be a way to phrase it to make sense because now it sounds like a horrible deal either way.

If you buy them off cryptsy.. and the price tanks... then you loose far more then 10 percent. Thats the point of the hedge.  But i agree that im sure we could word it better.

Are you aware that this would technically class a security by holding other peoples Coins? Funds held within the system would need to also be backed and can be liable for their loss, any misappropriation of funds held within xpy.io could be subject to securities fraud.

Completely agree.  If the funds are handled inappropriately or not above board it would be unacceptable and fraudulent.  They incorporated this through Hong Kong so i don't believe its subject to US security laws.

[Crestington]

Yeah the purpose of this is for people to be able to invest in XPY while completely sharing in the upside verses limiting the downside to a maximum of 10 percent loss.  In this account you would need XPY to gain 5 percent to makeup the paid fee.

a good explanation for some people can be found here.  http://www.investopedia.com/terms/h/hedge.asp

These are really limited due to the fact its basically shorting XPY for the purpose of us trying to create a protection of sorts for new or current investors.  It was started as a pilot to see if this would be something someone is interested in.  So far most people are just confused.  So maybe the financial move is probably a little to confusing.  Ultimately the Goal of this program is to try to create hopefully winning situations for investors into crypto... or at minimum create limited downside propositions.

Ok, I think I get the idea but if I wanted to gamble on XPY value I would likely do better just by buying it on Cryptsy or 'trex.

Or perhaps it's just worded backwards. There should be a way to phrase it to make sense because now it sounds like a horrible deal either way.

If you buy them off cryptsy.. and the price tanks... then you loose far more then 10 percent. Thats the point of the hedge.  But i agree that im sure we could word it better.

Are you aware that this would technically class a security by holding other peoples Coins? Funds held within the system would need to also be backed and can be liable for their loss, any misappropriation of funds held within xpy.io could be subject to securities fraud.

Completely agree.  If the funds are handled inappropriately or not above board it would be unacceptable and fraudulent.  They incorporated this through Hong Kong so i don't believe its subject to US security laws.

Wouldn't it just be easier not to hold customer funds?