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

[favdesu]

http://mymail.speedbio.com/?newsletter=btclend-to-launch-lendcoin-lnc

   
LendCoin (LNC)

LNC
LendCoin (LNC) to be launched! Launch, One week from today!!!

Al lot has changed since we first planned and started to design LendCoin. The goals have not changed, but the strategy has for several reasons.

More customers than expected are now staking XPY.
XPY Price has drastically gone down.
BTCLend has proven that collateral based loans get funded 100% of the time.
BTCLend`s goal is to solidify crypto currency collateral lending and to have our customers Altcoins and other digital assets to be used as collateral. Having said this, XPY is now our strongest used collateral, although we do wish for XPY to be successful, at this time it is not a strong enough coin for us to use as our main collateral option. This is where LendCoin comes in.

What’s in it for you our loyal customers?

All current XPY Staking customers at the time of this announcement, will receive a 15% LNC bonus. This means that upon LendCoin launch your LNC tile will have a 15% of your XPY staking value deposited to your LNC staking wallet. All new staking deposits will NOT receive this bonus.
All current XPY Staking customers will be able to buy LendCoin utilizing their Staking XPY at a 200% value.
Currently your XPY allows you to lend up to 50% of collateral. With LNC you will be able to lend up to 75%. This means that if you buy using your XPY at a 200% value and you can borrow now at 75% instead of 50% and your borrowing power has increased considerably.
Staking?

LendCoin will stake at 15% at BTCLend and at 5% in your QT wallets.
There will be no mining of LNC. LNC man purpose is to be used as collateral not to be traded although you will be able to trade at BTCLend and eventually in other places.
Staking wallets will only unlock 100 LNC per day after staking period ends to avoid any LNC dumping.
Where to Buy LNC? Pre-sale is open!

LendCoin will be sold at BTCLend at $2.00 (in BTC Value) You will be able to pay with XPY or BTC. remember your staking XPY will be honored at 200% value.

As of now, BTCLend will not accept additional Staking on its wallets to ensure that 200% XPY value for purchases its only for our current staking customers.

Why LNC?

Use as collateral for BTC Loans for up to 75% of value.
Use for BTC Advances for up to 75% of its value. BTC Advances have been a success. It has been a challenge to have enough BTC available. LNC Sales go towards have the BTC needed to Loan investments and BTC Advances.
Use for buying where our BTCLend Merchant API has been implemented.
Hold your investments value by trading your coins for LNC.

new scame

time to buy! great coin no scame fudd troll stop detrrrong con

[SockPuppetAccount]

there can be a pic of two guys (implied) fucking but i post "tits or gtfo" and it gets moderator deleted? 

le sigh

That is clearly coinjoined twins with 2 torsos and 1 lower body.  Not our fault your mind jumps straight to gay anal sex.  Go back to le reddit http://www.reddit.com/r/gayporn/

93% Premine = Fair Launch with No Premine! Why U No Potato BitStone? 

Holy hell, yeah, that is exactly what Paycoin did.  Multiple tiers of offerings, token % of coins during short POW period (no doubt POS will run concurrently and make that 93% premine more like 95%), whole thing based on shaky premise with a business model that doesn't make sense.

Then there is this....

http://mymail.speedbio.com/?newsletter=btclend-to-launch-lendcoin-lnc

new scame

Josh and his shady tactics have infested his followers and now that their great leader is a pariah of the crypto world, they will ensure his legacy lives on.  At least this thread has new scams to crush, maybe it will liven this place up.

[alesx.onfire]

... selling 10th in zencloud for 1btc, cheap cheap 

[favdesu]

there can be a pic of two guys (implied) fucking but i post "tits or gtfo" and it gets moderator deleted? 

le sigh

That is clearly coinjoined twins with 2 torsos and 1 lower body.  Not our fault your mind jumps straight to gay anal sex.  Go back to le reddit http://www.reddit.com/r/gayporn/

93% Premine = Fair Launch with No Premine! Why U No Potato BitStone? 

Holy hell, yeah, that is exactly what Paycoin did.  Multiple tiers of offerings, token % of coins during short POW period (no doubt POS will run concurrently and make that 93% premine more like 95%), whole thing based on shaky premise with a business model that doesn't make sense.

Then there is this....

http://mymail.speedbio.com/?newsletter=btclend-to-launch-lendcoin-lnc

new scame

Josh and his shady tactics have infested his followers and now that their great leader is a pariah of the crypto world, they will ensure his legacy lives on.  At least this thread has new scams to crush, maybe it will liven this place up.

at least there will be another season now. Popcon Time

[owlcatz]

at least there will be another season now. Popcon Time

What are we on, season 3 now? 

[SockPuppetAccount]

at least there will be another season now. Popcon Time

Maybe this will hold us over until some arrests are made and charges are filed.  Who knows how long that will be.  I imagine this shitshow will go on hiatus at some point before the glorious final season.

Josh may have scammed millions of dollars, ruined countless lives, and further tarnished the reputation and legitimacy of cryptocurrency but I gotta say at least he consistently brought the lulz.  I don't think Mark Karpeles made me laugh a single time.

[CHAOSiTEC]

Here's a look at some more scam called BitStone. they simply deletes the message users because it does not want to let people know the truth about them

Maybe we should start a new coin no premine but ipo of 120.000.000 and max number of coins 100.000.000 😜

[kken01]

some notes:

CMILIAN (owner of btclend) lied and told people that he was being excluded from getting a PC (probably so he can switch his customers to his new scam coin). source:

• https://btclendtalk.org/topic/396/team-xpy-and-dev-team-wants-to-take-the-primes-for-btclend
• https://archive.is/RiFjO

confirmed that CMILIANs PC is Joes (XPY Trust). still unknown was this deal made with Garza or with Joe (he could be honoring Garzas deal)

any coins that are used in a PC bid that are above the minimum requirement (1%) will have to be burned for an entity to receive staking key. Adam is not expecting any large bids in reality due to this fact. bid, burning, etc are all manual and staking key will be delivered via encrypted email. blockchain not utilized

if you want the power to vote in PC meetings you have to fulfill xpy foundation KYC procedure. anonymous primes are still possible just with no vote(s). theres nothing developed to enforce any of the PC rules. you can instantly dump your prime wallet

Core Devs are paid in BTC and not in XPY. source of these BTC's is unknown or if its even that much since theres not that much dev activity. they are trying to encourage others from the open source world to come in

Adam saying he is 50 / 50 on PC's existence. defending them with amazingly elegant comment ~"its the only feature this coin has". great 

will xpy go to the moon? ~"its a coin flip" (really you giving it such huge odds?  )

[suchmoon]

some notes:

CMILIAN (owner of btclend) lied and told people that he was being excluded from getting a PC (probably so he can switch his customers to his new scam coin). source:

• https://btclendtalk.org/topic/396/team-xpy-and-dev-team-wants-to-take-the-primes-for-btclend
• https://archive.is/RiFjO

confirmed that CMILIANs PC is Joes (XPY Trust). still unknown was this deal made with Garza or with Joe (he could be honoring Garzas deal)

any coins that are used in a PC bid that are above the minimum requirement (1%) will have to be burned for an entity to receive staking key. Adam is not expecting any large bids in reality due to this fact. bid, burning, etc are all manual and staking key will be delivered via encrypted email. blockchain not utilized

if you want the power to vote in PC meetings you have to fulfill xpy foundation KYC procedure. anonymous primes are still possible just with no vote(s). theres nothing developed to enforce any of the PC rules. you can instantly dump your prime wallet

Core Devs are paid in BTC and not in XPY. source of these BTC's is unknown or if its even that much since theres not that much dev activity. they are trying to encourage others from the open source world to come in

Adam saying he is 50 / 50 on PC's existence. defending them with amazingly elegant comment ~"its the only feature this coin has". great 

will xpy go to the moon? ~"its a coin flip" (really you giving it such huge odds?  )

Have you collected this info from PaycoinTalk?

What about whitepaper implementation and other developement that was supposed to happen by now?

http://xpydev.org/roadmap.html

I don't think there is 3.0 or 4.0 unless I missed something?

[kken01]

i collected that from the google hangout that just ended

edit:
they didnt go into whats really happening on the dev side. im guessing close to nothing since they are trying to encourage community activity in coding. even tho only PC owners can vote for core code changes. makes little sense

[Paul Revere]

What are they proposing to stop people from using the already leaked PC keys?

Also: Was there any mention of why people are not getting their Hashtaker coins back?

[suchmoon]

What are they proposing to stop people from using the already leaked PC keys?

Also: Was there any mention of why people are not getting their Hashtaker coins back?

Considering that there is going to be new PC bidding I would guess old keys won't work after the next fork.

Regarding stakers:

https://talk.paycoin.com/discussion/1472

Mine are showing 6/20 now so I don't know yet if what's posted there is true. I do know that they added 2 or 3 days. The countdown was 180 days and it has ended, but they made the expiration date 6 months after start, which is 182 days I think.

[RoomBot]

Spending that money was an investment.

How many rubes saw that shitshow that was the Miami conference and piled more money into his pocket? Didn't a major part of the operation fail that weekend but idiots pointed to the private jet and bodyguards and spotlight as signs that everything was going to work out and a green light to hand more money over?

Just catching up here...but you should have seen the "hotel" where they put their four customers who won free trips to Miami... Reports of toilets leaking onto cracked floors, no climate control, craptastic quality....
...while the HashKing luxuriated the weekend away...stiffing everyone...including the entire Conference....

[Crestington]

What are they proposing to stop people from using the already leaked PC keys?

Also: Was there any mention of why people are not getting their Hashtaker coins back?

Considering that there is going to be new PC bidding I would guess old keys won't work after the next fork.

Regarding stakers:

https://talk.paycoin.com/discussion/1472

Mine are showing 6/20 now so I don't know yet if what's posted there is true. I do know that they added 2 or 3 days. The countdown was 180 days and it has ended, but they made the expiration date 6 months after start, which is 182 days I think.

What is stopping those keys from also being leaked? Seems to me it is a risk to have that in the first place and you have to make big bets that you can even see a return. The hyper-inflating wallets do nothing for normal trade, no one wants to buy it when they get a paltry 5% and are instantly putting money into the pockets of the people with the hyper-inflation keys. Hyper-inflators can dump at a lower price but they can still make money, the 5% wallets can't though because then forced to sell at a loss, or to put it into the xpy.io wallet which is also a huge security risk and would classify as a security. With the tightening of legislation you don't want to be holding a security and ultimately be responsible for the loss when it happens. XPY.io is a disaster waiting to happen, if it's online then it can be hacked in some way so there is a basket of golden eggs just sitting there ripe for the pickings and you could not get to it fast enough that you could stop it being dumped on the exchanges.

[kken01]

yes all old keys would be destroyed and they didnt say anything about cashtakers

is the mini garza saying what i think hes saying? (doesnt want to fulfill KYC procedure personally)



edit: indeed Crestington it could happen again. they could distribute,bid&burn (and maybe temp solution for leaking, consensus removal) via blockchain too. but no its fully manual 

[suchmoon]

yes all old keys would be destroyed and they didnt say anything about cashtakers

is the mini garza saying what i think hes saying? (doesnt want to fulfill KYC procedure personally)



edit: indeed Crestington it could happen again. they could distribute,bid&burn (and maybe temp solution for leaking, consensus removal) via blockchain too. but no its fully manual 

I would nominate Paul Revere to "own the bidding process". Anything short of that would be a fox in a hen house.

[suchmoon]

What are they proposing to stop people from using the already leaked PC keys?

Also: Was there any mention of why people are not getting their Hashtaker coins back?

Considering that there is going to be new PC bidding I would guess old keys won't work after the next fork.

Regarding stakers:

https://talk.paycoin.com/discussion/1472

Mine are showing 6/20 now so I don't know yet if what's posted there is true. I do know that they added 2 or 3 days. The countdown was 180 days and it has ended, but they made the expiration date 6 months after start, which is 182 days I think.

What is stopping those keys from also being leaked? Seems to me it is a risk to have that in the first place and you have to make big bets that you can even see a return. The hyper-inflating wallets do nothing for normal trade, no one wants to buy it when they get a paltry 5% and are instantly putting money into the pockets of the people with the hyper-inflation keys. Hyper-inflators can dump at a lower price but they can still make money, the 5% wallets can't though because then forced to sell at a loss, or to put it into the xpy.io wallet which is also a huge security risk and would classify as a security. With the tightening of legislation you don't want to be holding a security and ultimately be responsible for the loss when it happens. XPY.io is a disaster waiting to happen, if it's online then it can be hacked in some way so there is a basket of golden eggs just sitting there ripe for the pickings and you could not get to it fast enough that you could stop it being dumped on the exchanges.

That's right, the whole thing is a live demonstration of the definition of insanity. Let's do some more Prime staking, maybe it will magically increase the value of the coin this time around.

[Paul Revere]

yes all old keys would be destroyed and they didnt say anything about cashtakers

is the mini garza saying what i think hes saying? (doesnt want to fulfill KYC procedure personally)



edit: indeed Crestington it could happen again. they could distribute,bid&burn (and maybe temp solution for leaking, consensus removal) via blockchain too. but no its fully manual 

I would nominate Paul Revere to "own the bidding process". Anything short of that would be a fox in a hen house.

Own? Hell I would totally Pwn the bidding process!

[Phildo]

why are people still playing along with the team xpy xpy trust btc lend bullshit?

Aren't all of them just the same shitheads that worked for GAW, did nothing, and NOW will fix everything?

[the_reprobate]

why are people still playing along with the team xpy xpy trust btc lend bullshit?

Aren't all of them just the same shitheads that worked for GAW, did nothing, and NOW will fix everything?

those are believers that they hope that they can get some of their money back or they can be also be a paid shills.. just look at evilpanda when people showed evidences he went inactive at that moment..

I hope GAW would face criminal charges and they will end up in jail.