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Author Topic: GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :)  (Read 3376907 times)
suchmoon (OP)
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December 13, 2014, 08:28:43 PM
 #5341

Ah... crap I'm getting old and slow. This makes sense now.

Maybe but you are still one of the more reasonable voices in this topic. I have never placed an ignore on somebody bit this time I'm making an exception bitpop I've had enough of your disgusting language.. I never tried to convince anybody here. I was just trying to give some extra information to people that did not understand or had the wrong idea. I really believed in the project and still do. I hope they can make it work. Because if it does it will be good for all crypto not just XPY but also for BTC and numerous other coins. But nobody seems to understand this. Please don't use my former name. I'm done with it.

Fair enough. I strongly disagree with the "make it work" part, since we've seen too much evidence to the contrary. But if I had to eat my words it would be a small price to pay for 100s or 1000s of investors not losing their money.

Please stay around and don't be shy with the ignore button, it helps.
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bitpop
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December 13, 2014, 08:30:30 PM
 #5342

I really believed in the project and still do. I hope they can make it work. Because if it does it will be good for all crypto not just XPY but also for BTC and numerous other coins. But nobody seems to understand this.

What part of this get rich quick scheme provides any benefit to crypto? (other than making a some people richer and some poorer)


It really is not about the get quick rich scheme it's about Paybase. And BTC will be a very big part of Paybase and probably other coins will follow I really would like to see DOGE in there with the community behind that it would again help all crypto. If they can add only one of the mentioned merchants to use it it will help adoption of crypto go in the fast lane.

But it seems nobody has even bothered to look at the whole plan. There is so much information available already.

Everybody seems to be hung up on Paycoin but that is just a small piece of the whole puzzle. Like I said BTC will have a big role to play in this too. The credit card connected to a wallet for whatever coin or even multiple coins is never been done before.

So like Coinbase.. but for shitcoins? ....

Gawtards don't even know Coinbase already exists.

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December 13, 2014, 08:31:01 PM
 #5343

I really believed in the project and still do. I hope they can make it work. Because if it does it will be good for all crypto not just XPY but also for BTC and numerous other coins. But nobody seems to understand this.

What part of this get rich quick scheme provides any benefit to crypto? (other than making a some people richer and some poorer)


It really is not about the get quick rich scheme it's about Paybase. And BTC will be a very big part of Paybase and probably other coins will follow I really would like to see DOGE in there with the community behind that it would again help all crypto. If they can add only one of the mentioned merchants to use it it will help adoption of crypto go in the fast lane.

But it seems nobody has even bothered to look at the whole plan. There is so much information available already.

Everybody seems to be hung up on Paycoin but that is just a small piece of the whole puzzle. Like I said BTC will have a big role to play in this too. The credit card connected to a wallet for whatever coin or even multiple coins is never been done before.

Some one that finally gets it, Pay Base is the end game, were GAW and his big investors get fees for ever, there will be small transaction fees, but regardless whether you are a fan boy or a hater I think most here will use Pay Base, an easy place to use your crypto. I just hope GAW make you buy Pay coin to use it then I will get my 15 K and say thanks
welchy8764
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December 13, 2014, 08:32:07 PM
 #5344

Well some troll at HashTalk has declared war on me.   3rd shadow ban in 3 days.   

I have been a good supporter of GAW and this is how I'm rewarded.   GAW is lucky I'm not spiteful.   Still it is a bit frustrating. 

The troll is Josh himself. Several admins have confirmed to me that only Josh has the power to shadow ban people and or remove it. Normal admins can just ban and such but not shadowban.

Only Josh and system admin can shadow ban. Got that from an admin when I was banned. He is the only one who can remove. When I ask to have it removed he said due my activity on this forum no.. Lol
seedtrue
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December 13, 2014, 08:34:51 PM
 #5345




Homero fiddles while Rome is burning.
jimmothy
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December 13, 2014, 08:35:12 PM
 #5346

It really is not about the get quick rich scheme it's about Paybase. And BTC will be a very big part of Paybase and probably other coins will follow I really would like to see DOGE in there with the community behind that it would again help all crypto. If they can add only one of the mentioned merchants to use it it will help adoption of crypto go in the fast lane.

But it seems nobody has even bothered to look at the whole plan. There is so much information available already.

Everybody seems to be hung up on Paycoin but that is just a small piece of the whole puzzle. Like I said BTC will have a big role to play in this too. The credit card connected to a wallet for whatever coin or even multiple coins is never been done before.

Please stop with the "nobody actually understands paycoin but me".

What you fail to understand is that 100% of what GAW is doing has been done before. (correct me if I'm wrong)

Bitcoin debit cards:

https://coinkite.com/faq/card
https://in.xapo.com/campaign/debit/
https://bitplastic.com/
https://anxbtc.com/pages/#/card

Bitcoin payment processors:

https://bitpay.com/
https://www.gocoin.com/
http://www.shopify.com/bitcoin
https://www.coinbase.com
bitpop
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December 13, 2014, 08:37:40 PM
 #5347




Homero fiddles while Rome is burning.

Lol I think he's actually retarded wtf

wdl1908
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December 13, 2014, 08:39:59 PM
 #5348

Ah... crap I'm getting old and slow. This makes sense now.

Maybe but you are still one of the more reasonable voices in this topic. I have never placed an ignore on somebody bit this time I'm making an exception bitpop I've had enough of your disgusting language.. I never tried to convince anybody here. I was just trying to give some extra information to people that did not understand or had the wrong idea. I really believed in the project and still do. I hope they can make it work. Because if it does it will be good for all crypto not just XPY but also for BTC and numerous other coins. But nobody seems to understand this. Please don't use my former name. I'm done with it.

Fair enough. I strongly disagree with the "make it work" part, since we've seen too much evidence to the contrary. But if I had to eat my words it would be a small price to pay for 100s or 1000s of investors not losing their money.

Please stay around and don't be shy with the ignore button, it helps.

Well I hope you are wrong and they do get it working. And I hope they can get all the things fixed. Now most of the people that have invested have reach some kind of ROI and are or happy or have reinvested. Well same as me actually.

I will stick around and try to clarify details as I understand them of the project. I will not however start a smear campagne to discredit this project. yes there have been mistakes yes there have been problems.

The way they are going to control the price is already interesting. I found that out from some comments posted yesterday. Paybase is the so called leader of the price control. It will have a set price and arbitrage will take care of the rest. Why sell something for $10 when you can get $20 in paybase. It will be rocky at first and some exchanges will have higher or lower prices but it the end it will stabilize.
suchmoon (OP)
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December 13, 2014, 08:42:28 PM
 #5349

https://i.imgur.com/vy3dC8m.png
Homero fiddles while Rome is burning.

He forgot how to use the internet? Could be a good thing.

"Average buy orders" LOL

If we include the 1 satoshi ones, weighed by volume, not very good Smiley

Astounding arrogance knowing that there is no liquidity and no transactions.
wdl1908
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December 13, 2014, 08:43:34 PM
 #5350

It really is not about the get quick rich scheme it's about Paybase. And BTC will be a very big part of Paybase and probably other coins will follow I really would like to see DOGE in there with the community behind that it would again help all crypto. If they can add only one of the mentioned merchants to use it it will help adoption of crypto go in the fast lane.

But it seems nobody has even bothered to look at the whole plan. There is so much information available already.

Everybody seems to be hung up on Paycoin but that is just a small piece of the whole puzzle. Like I said BTC will have a big role to play in this too. The credit card connected to a wallet for whatever coin or even multiple coins is never been done before.

Please stop with the "nobody actually understands paycoin but me".

What you fail to understand is that 100% of what GAW is doing has been done before. (correct me if I'm wrong)

Bitcoin debit cards:

https://coinkite.com/faq/card
https://in.xapo.com/campaign/debit/
https://bitplastic.com/
https://anxbtc.com/pages/#/card

Bitcoin payment processors:

https://bitpay.com/
https://www.gocoin.com/
http://www.shopify.com/bitcoin
https://www.coinbase.com

Again paycoin is only a small part of this. It's paybase that is the big picture. And yeah there have been credit cards before. but it there ever been a way to write a check to pay your bills from a crypto wallet? bank transfers to pay you bills with a source a crypto wallet? In effect pay anything from you wallet? Whatever the destination is? BTC XPY USD EUR? Well that is paybase.
suchmoon (OP)
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December 13, 2014, 08:52:06 PM
 #5351

The way they are going to control the price is already interesting. I found that out from some comments posted yesterday. Paybase is the so called leader of the price control. It will have a set price and arbitrage will take care of the rest. Why sell something for $10 when you can get $20 in paybase. It will be rocky at first and some exchanges will have higher or lower prices but it the end it will stabilize.

They would still need a sizable "floor" to support the price. Do they really have $100m of investors' money to do that? Why was hinted multiple times that HashStaker sales revenue etc go into the floor. Doesn't that worry you - taking money from customers to pay them back when they dump the coin?
GAW_Homero
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December 13, 2014, 08:52:39 PM
 #5352

Quote
  but it there ever been a way to write a check to pay your bills from a crypto wallet? bank transfers to pay you bills with a source a crypto wallet? In effect pay anything from you wallet? Whatever the destination is? BTC XPY USD EUR? Well that is paybase.



http://31.media.tumblr.com/tumblr_mapugnnAYK1qduy16o1_500.gif
bobcaticus
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December 13, 2014, 08:52:45 PM
 #5353

http://en.wikipedia.org/wiki/Ponzi_scheme
jimmothy
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December 13, 2014, 08:55:44 PM
 #5354

Again paycoin is only a small part of this. It's paybase that is the big picture. And yeah there have been credit cards before. but it there ever been a way to write a check to pay your bills from a crypto wallet? bank transfers to pay you bills with a source a crypto wallet? In effect pay anything from you wallet? Whatever the destination is? BTC XPY USD EUR? Well that is paybase.

Again, 100% of what GAW is doing has been done before multiple times.

Pay your bills with bitcoin:

http://coinsfer.com/
https://www.bylls.com
https://www.livingroomofsatoshi.com/
https://brawker.com/

Please do keep listing these features which make paybase "unique".
Liquid71
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December 13, 2014, 09:03:48 PM
 #5355

Again paycoin is only a small part of this. It's paybase that is the big picture. And yeah there have been credit cards before. but it there ever been a way to write a check to pay your bills from a crypto wallet? bank transfers to pay you bills with a source a crypto wallet? In effect pay anything from you wallet? Whatever the destination is? BTC XPY USD EUR? Well that is paybase.

Again, 100% of what GAW is doing has been done before multiple times.

Pay your bills with bitcoin:

http://coinsfer.com/
https://www.bylls.com
https://www.livingroomofsatoshi.com/
https://brawker.com/

Please do keep listing these features which make paybase "unique".
Well GaW is first to issue worthless tokens, claim they weren't issued but mined, and then fuck up the cloned software in order to pull off their scam. That's a first, as far as I know.

wdl1908
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December 13, 2014, 09:11:13 PM
 #5356

The way they are going to control the price is already interesting. I found that out from some comments posted yesterday. Paybase is the so called leader of the price control. It will have a set price and arbitrage will take care of the rest. Why sell something for $10 when you can get $20 in paybase. It will be rocky at first and some exchanges will have higher or lower prices but it the end it will stabilize.

They would still need a sizable "floor" to support the price. Do they really have $100m of investors' money to do that? Why was hinted multiple times that HashStaker sales revenue etc go into the floor. Doesn't that worry you - taking money from customers to pay them back when they dump the coin?

Yes there is a risk involved like in all exchanges. But I think the solution is there too. What about the people that don't have paycoin or don't have subscribed to the hashbase and the "mining/staking" they will buy paycoin or btc to put in their wallets . So paycoin needs to be sold at a certain price and will that will again go into the funds to support the price. i think the floor will have several incomes like the stakers someone buying paycoin etc.... I'v seen several people ask if it would be possible to send their paycheck there. I know some people here find this stupid but think about it. Send your money there and you can use that in whatever means paybase will use to pay the merchant or pay bills with. What if you could pay your taxes with BTC or for that matter with any crypto without incurring large bank transfer costs. What if I wanted to pay something in JPY evenr tried that in a bank? This would be the ultimate exchange any currency in and you really don't need to worry about how the payment is being made to the party you are paying.
jimmothy
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December 13, 2014, 09:23:06 PM
 #5357

Send your money there and you can use that in whatever means paybase will use to pay the merchant or pay bills with. What if you could pay your taxes with BTC or for that matter with any crypto without incurring large bank transfer costs. What if I wanted to pay something in JPY evenr tried that in a bank?

What part of "it's already been done" don't you understand?

If you were really interested in those gawsome features, you would have done a single google search and learned how many services already exist that do exactly what you want.

Quote
This would be the ultimate exchange any currency in and you really don't need to worry about how the payment is being made to the party you are paying.

You only need to worry about the unregulated/unaudited bank of GAW disappearing with all your money. No big deal.
wdl1908
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December 13, 2014, 09:24:14 PM
 #5358

Send your money there and you can use that in whatever means paybase will use to pay the merchant or pay bills with. What if you could pay your taxes with BTC or for that matter with any crypto without incurring large bank transfer costs. What if I wanted to pay something in JPY evenr tried that in a bank?

What part of "it's already been done" don't you understand?

If you were really interested in those gawsome features, you would have done a single google search and learned how many services already exist that do exactly what you want.

Quote
This would be the ultimate exchange any currency in and you really don't need to worry about how the payment is being made to the party you are paying.

You only need to worry about the unregulated/unaudited bank of GAW running away with all your money. No big deal.

Ok fair enough. What if it was regulated?

Quote
Q: Do I need to get verified to trade PayCoin and Bitcoin for FIAT on PayBase?
A: PayBase will follow all local regulations and AML compliance laws. Verification will be required and KYC policies will be in place.
jimmothy
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December 13, 2014, 09:31:43 PM
Last edit: December 13, 2014, 10:36:28 PM by jimmothy
 #5359

Send your money there and you can use that in whatever means paybase will use to pay the merchant or pay bills with. What if you could pay your taxes with BTC or for that matter with any crypto without incurring large bank transfer costs. What if I wanted to pay something in JPY evenr tried that in a bank?

What part of "it's already been done" don't you understand?

If you were really interested in those gawsome features, you would have done a single google search and learned how many services already exist that do exactly what you want.

Quote
This would be the ultimate exchange any currency in and you really don't need to worry about how the payment is being made to the party you are paying.

You only need to worry about the unregulated/unaudited bank of GAW running away with all your money. No big deal.

Ok fair enough. What if it was regulated?

Thats a big what if.

If they were fully regulated and audited that would definitely lower the sketchiness factor by a few points.

But why would you send any money to a company that can't go a week without a catastrophic failure of some sort?


Quote
Q: Do I need to get verified to trade PayCoin and Bitcoin for FIAT on PayBase?
A: PayBase will follow all local regulations and AML compliance laws. Verification will be required and KYC policies will be in place.

This doesn't mean anything. They will have to prove they've registered as a MSB in every state.
suchmoon (OP)
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December 13, 2014, 09:32:58 PM
 #5360

Ok fair enough. What if it was regulated?

When it says "Member FDIC" on paybase.com we should definitely revisit this topic.

Edit for your edit: KYC/AML doesn't do much for the customer, if anything it's an unnecessary annoyance from the customer's point of view.
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