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

[gefafwisp]

Minted coins take 120 blocks to mature. I mined some before my rig got rented out. Sold it all on coin swap. Don't trust GAW/Josh for anything. Took what I could get. Renting income is very good at the moment. 

Good of you to support the Paycoin economy

Your welcome. One of your big boys is renting my rig right now. Hell, for all I know, it could be you. I appreciate the extra income. Thank you to everyone over at HT forum.. 

My welcome? It's all good matey!

[gefafwisp]

gaw is a scam

Has GAW been proven to be a scam?

GAW has not been proven to be a scam but looks like one. Guess we will all find out Friday or Saturday. Some of us had faith in GAW and Lost it. Why you might ask -Because the promises ran short of the truth more so then not. Most of us learned from Experience and it left a sour taste in our mouths. So let GAW show us we are wrong and not right and I dont mean coming soon previews. The next best thing tag line that seems to run rampant. There were people that sold snake oil that used the same technique back in the day.

OK thanks, that's what I thought. Fingers crossed it all works out then!

[bitpop]

Time interview did not go well, they chose Bitcoin

http://blog.coinbase.com/post/105352265402/time-inc-partners-with-coinbase-to-accept-bitcoin

[raskul]

Time interview did not go well, they chose Bitcoin

http://blog.coinbase.com/post/105352265402/time-inc-partners-with-coinbase-to-accept-bitcoin

very good news for me, i'll push to get paid in BTC when they use my pix next time 

[vabchgent]

Well BTC has been around for awhile. Josh would have been better off helping BTC out instead of creating his own coin. But I guess he cant control BTC.

[MinermanNC]

Time interview did not go well, they chose Bitcoin

http://blog.coinbase.com/post/105352265402/time-inc-partners-with-coinbase-to-accept-bitcoin

Just more reassurance there is only one Bitcoin, the original and most secure open decentralized and free coin there is! Paycoin is just fantasy,,, Josh and company have succeeded and made their money now, mission accomplished. For them it doesn't really matter much if it fails at this point. But thousands stand to be left holding the bag.    

[jackbox]

Price of XPY down to .024 BTC on Coin Swap. So far slightly over 132,000 mined out of 500,000 coins to be mined. What happens on Friday when the 12,000,000 pre-mine become available to "investors" and HP holders? 12,5000,000 XPY at $20 each would require a fiat reserve of $250,000,000 if everyone sells. Josh claims a buy wall at $20 per XPY but if "investors" paid only $4.00 per XPY that would require 250,000,000 XPY sold to create the wall. That is 20X the number of XPY that will exist on Friday. Something is definitely out of whack here.  

[bumpershot]

I'm pretty sure at this point that there's no $20 buy wall.

The real suspense for me now is if my HP convert into PC and I can use them to buy something. They're essentially credit card rewards points if that's true, and I can totally live with that.

Will I be able to take 4K HashPoints and buy something worth $200 on amazon or overstock? If so, I will be very happy with GAW. To me, that's enough to live up to their promises. Heck, I might just get a $200 starbucks gift card. Or, if I get to 12 PC, $240 worth of pudding.

That would be pretty awesome. $240 dollars worth of pudding. Oooh yeaaah.

[MinermanNC]

Price of XPY down to .024 BTC on Coin Swap. So far slightly over 132,000 mined out of 500,000 coins to be mined. What happens on Friday when the 12,000,000 pre-mine become available to "investors" and HP holders? 12,5000,000 XPY at $20 each would require a fiat reserve of $250,000,000 if everyone sells. Josh claims a buy wall at $20 per XPY but if "investors" paid only $4.00 per XPY that would require 250,000,000 XPY sold to create the wall. That is 20X the number of XPY that will exist on Friday. Something is definitely out of whack here.  

That's some very good math! sounds about right too! ya something out of whack

Plus factor in BTC falling price, and it makes for shaky grounds and nervous investors.

[truth_]

I'm pretty sure at this point that there's no $20 buy wall.

The real suspense for me now is if my HP convert into PC and I can use them to buy something. They're essentially credit card rewards points if that's true, and I can totally live with that.

Will I be able to take 4K HashPoints and buy something worth $200 on amazon or overstock? If so, I will be very happy with GAW. To me, that's enough to live up to their promises. Heck, I might just get a $200 starbucks gift card. Or, if I get to 12 PC, $240 worth of pudding.

That would be pretty awesome. $240 dollars worth of pudding. Oooh yeaaah.

I think pretty much everybody would be happy just that it was actually worth $20 in some way shape or form.  Still not holding my breath.

[vabchgent]

Price of XPY down to .024 BTC on Coin Swap. So far slightly over 132,000 mined out of 500,000 coins to be mined. What happens on Friday when the 12,000,000 pre-mine become available to "investors" and HP holders? 12,5000,000 XPY at $20 each would require a fiat reserve of $250,000,000 if everyone sells. Josh claims a buy wall at $20 per XPY but if "investors" paid only $4.00 per XPY that would require 250,000,000 XPY sold to create the wall. That is 20X the number of XPY that will exist on Friday. Something is definitely out of whack here.  

Oh boy hope he is not going to dump all the BTC he was supposedly mining with our miners when the payouts dropped on Zen cloud. That would be a disaster for BTC. Robbing BTC to pay XPY. We also know he has PH somewhere mining something.

[Paul Revere]

I'm pretty sure at this point that there's no $20 buy wall.

The real suspense for me now is if my HP convert into PC and I can use them to buy something. They're essentially credit card rewards points if that's true, and I can totally live with that.

Will I be able to take 4K HashPoints and buy something worth $200 on amazon or overstock? If so, I will be very happy with GAW. To me, that's enough to live up to their promises. Heck, I might just get a $200 starbucks gift card. Or, if I get to 12 PC, $240 worth of pudding.

That would be pretty awesome. $240 dollars worth of pudding. Oooh yeaaah.

I think the best thing to do would be to spend 1/3 on a Starbucks card, 1/3 on Pudding/ and 1/3 on toilet paper, because you are going to need lots of it after "enjoying" the first two.

[bitpop]

hurry post this on ht wit link so we can see the lemmings freakout

Most won't be moved by it over there, they will just wait for their leader to tell them anything, and that will suffice. 

I just emailed Zincsave about this.. Lets see if they reply.
Someone mentioned they changed the pic on their site? Maybe Zinc did contact them
They, the followers are blind, say something... yes, gawsome, great etc..

Gaw bought zinc, i don't have doubts about that, just spent some victim money

[raskul]

Price of XPY down to .024 BTC on Coin Swap. So far slightly over 132,000 mined out of 500,000 coins to be mined. What happens on Friday when the 12,000,000 pre-mine become available to "investors" and HP holders? 12,5000,000 XPY at $20 each would require a fiat reserve of $250,000,000 if everyone sells. Josh claims a buy wall at $20 per XPY but if "investors" paid only $4.00 per XPY that would require 250,000,000 XPY sold to create the wall. That is 20X the number of XPY that will exist on Friday. Something is definitely out of whack here.  

Oh boy hope he is not going to dump all the BTC he was supposedly mining with our miners when the payouts dropped on Zen cloud. That would be a disaster for BTC. Robbing BTC to pay XPY. We also know he has PH somewhere mining something.

you make no sense.

sit and watch this just for 30 mins and see what kind of volume BTC trading does....
https://bitcoinwisdom.com/markets/kraken/btceur

Garza doing any density of mining won't affect anything, whatsoever.

[MinermanNC]

I'm pretty sure at this point that there's no $20 buy wall.

The real suspense for me now is if my HP convert into PC and I can use them to buy something. They're essentially credit card rewards points if that's true, and I can totally live with that.

Will I be able to take 4K HashPoints and buy something worth $200 on amazon or overstock? If so, I will be very happy with GAW. To me, that's enough to live up to their promises. Heck, I might just get a $200 starbucks gift card. Or, if I get to 12 PC, $240 worth of pudding.

That would be pretty awesome. $240 dollars worth of pudding. Oooh yeaaah.

I think the best thing to do would be to spend 1/3 on a Starbucks card, 1/3 on Pudding/ and 1/3 on toilet paper, because you are going to need lots of it after "enjoying" the first two.

lol ouch!

[vabchgent]

Price of XPY down to .024 BTC on Coin Swap. So far slightly over 132,000 mined out of 500,000 coins to be mined. What happens on Friday when the 12,000,000 pre-mine become available to "investors" and HP holders? 12,5000,000 XPY at $20 each would require a fiat reserve of $250,000,000 if everyone sells. Josh claims a buy wall at $20 per XPY but if "investors" paid only $4.00 per XPY that would require 250,000,000 XPY sold to create the wall. That is 20X the number of XPY that will exist on Friday. Something is definitely out of whack here.  

Oh boy hope he is not going to dump all the BTC he was supposedly mining with our miners when the payouts dropped on Zen cloud. That would be a disaster for BTC. Robbing BTC to pay XPY. We also know he has PH somewhere mining something.

you make no sense.

sit and watch this just for 30 mins and see what kind of volume BTC trading does....
https://bitcoinwisdom.com/markets/kraken/btceur

Garza doing any density of mining won't affect anything, whatsoever.

I might be wearing a tinfoil hat right now. But he did get a lot of BTC from cutting the Mining contracts so he could be sitting on a mountain of it.

[gefafwisp]

Price of XPY down to .024 BTC on Coin Swap. So far slightly over 132,000 mined out of 500,000 coins to be mined. What happens on Friday when the 12,000,000 pre-mine become available to "investors" and HP holders? 12,5000,000 XPY at $20 each would require a fiat reserve of $250,000,000 if everyone sells. Josh claims a buy wall at $20 per XPY but if "investors" paid only $4.00 per XPY that would require 250,000,000 XPY sold to create the wall. That is 20X the number of XPY that will exist on Friday. Something is definitely out of whack here.  

A large percentage of the 12.5 mil paycoin (not sure how much exactly) is locked into staking. Go find out and do your math again

[raskul]

Price of XPY down to .024 BTC on Coin Swap. So far slightly over 132,000 mined out of 500,000 coins to be mined. What happens on Friday when the 12,000,000 pre-mine become available to "investors" and HP holders? 12,5000,000 XPY at $20 each would require a fiat reserve of $250,000,000 if everyone sells. Josh claims a buy wall at $20 per XPY but if "investors" paid only $4.00 per XPY that would require 250,000,000 XPY sold to create the wall. That is 20X the number of XPY that will exist on Friday. Something is definitely out of whack here.  

Oh boy hope he is not going to dump all the BTC he was supposedly mining with our miners when the payouts dropped on Zen cloud. That would be a disaster for BTC. Robbing BTC to pay XPY. We also know he has PH somewhere mining something.

you make no sense.

sit and watch this just for 30 mins and see what kind of volume BTC trading does....
https://bitcoinwisdom.com/markets/kraken/btceur

Garza doing any density of mining won't affect anything, whatsoever.

I might be wearing a tinfoil hat right now. But he did get a lot of BTC from cutting the Mining contracts so he could be sitting on a mountain of it.

we are currently seeing selloffs by whoever was fortunate enough to win that last FBI auction. these selloffs are done in dribs and drabs and have short term effect on the price, in dumps of ~100BTC at a time. This is my take on what is occurring in the marketplace currently. Then we have the normal dumps by the mining farms... put together it's a slow short term drop in btc price, but we are talking tens of thousands of BTC volume here...

I don't care which hat you are wearing but Garza has nowehere near the volume which is actually suppressing short term btc price.

Or.. I presume you can back up your statement with hard numbers?
thought not.

[vabchgent]

Price of XPY down to .024 BTC on Coin Swap. So far slightly over 132,000 mined out of 500,000 coins to be mined. What happens on Friday when the 12,000,000 pre-mine become available to "investors" and HP holders? 12,5000,000 XPY at $20 each would require a fiat reserve of $250,000,000 if everyone sells. Josh claims a buy wall at $20 per XPY but if "investors" paid only $4.00 per XPY that would require 250,000,000 XPY sold to create the wall. That is 20X the number of XPY that will exist on Friday. Something is definitely out of whack here.  

Oh boy hope he is not going to dump all the BTC he was supposedly mining with our miners when the payouts dropped on Zen cloud. That would be a disaster for BTC. Robbing BTC to pay XPY. We also know he has PH somewhere mining something.

you make no sense.

sit and watch this just for 30 mins and see what kind of volume BTC trading does....
https://bitcoinwisdom.com/markets/kraken/btceur

Garza doing any density of mining won't affect anything, whatsoever.

I have no back up for it. It was a shot in the dark - Just trying to make sense of non sense.

I might be wearing a tinfoil hat right now. But he did get a lot of BTC from cutting the Mining contracts so he could be sitting on a mountain of it.

we are currently seeing selloffs by whoever was fortunate enough to win that last FBI auction. these selloffs are done in dribs and drabs and have short term effect on the price, in dumps of ~100BTC at a time. This is my take on what is occurring in the marketplace currently. Then we have the normal dumps by the mining farms... put together it's a slow short term drop in btc price, but we are talking tens of thousands of BTC volume here...

I don't care which hat you are wearing but Garza has nowehere near the volume which is actually suppressing short term btc price.

Or.. I presume you can back up your statement with hard numbers?
thought not.

[vabchgent]

No proof - was just trying to make sense of non sense