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

[interstellar]

Homero ain't lying here...

So exited im moist, Homero use your phone for something productive then fail texts, and sext me please. Ive already sold everything I own and bought into paycoin.

I hope Amazon except paycoin

Actually rereading what he just said, he must have been totally fucking high when he wrote it. It's almost completely unintelligible. If that's the case, maybe he's not such a bad guy!

[raskul]

We were recently asked if we would be including PayCoin (XPY), thought up by the controversial mining company GAW Miners. The most common reason we were given to add XPY is that XPY has been added to the popular payment gateway GoCoin, and because of this and a large market cap their growth would be inevitable.

XPY, for those who are not familiar with it, has had incredibly high volume since its launch. Their market cap and mining power quickly escalated to astronomical proportions on popular market summary websites.

Only truly innovative coins will be traded on Exco.in, and simply put being accepted by a popular service does not qualify as innovative. We are immediately suspicious of any cryptocurrency that doesn't explicitly offer technical achievements.

Deciding to educate ourselves on XPY, we began our investigation with their official website. We were curious to see if there was anything we may have missed underneath the marketing. Scrolling through the page, we reached a section titled "How can I use PayCoin?" only to find every item within linked to nowhere, a succinct metaphor for the project. Farther down, in the client section, we were presented with a selection of unsigned clients and no link to the source code.

We quickly found the source code on Github and begun our review. We looked over each commit since initialization of the XPY project. The changes we saw in practically every commit were superficial, along the lines of removing, then subsequently adding back, the Peercoin copyrights and adding new checkpoints. These trivial changes indicate to us that there was no actual development occurring.

Upon reviewing their "Features" section, we discovered that XPY does not list a single technical feature. This indicates to us that they have no interest in developing a cryptocurrency. It started appear to us that there was a high probability the creators of XPY are simply selling an idea, with the hope traders will gamble on a token over which GAW Miners maintains opaque and unregulated control of the majority. Everything they claim to offer, including their addition to GoCoin, has already been accomplished by Bitcoin. Bitcoin is also under active development, being constantly refined and improved, and has the network effect and a massive community. So if XPY offers no technological achievements over its predecessors Bitcoin or Peercoin, its value appears to be dependent on its potential acceptance as a currency. There is no reason to believe that this project will ever surpass Bitcoin when it has yet to achieve anything that Bitcoin has not already achieved and offers no technical advancements. After what we have learned about this project, we would not describe XPY as innovative in either marketing strategy or technical achievements.

We see two likely reasons GoCoin management decided to add XPY to their platform. Either GoCoin's management team is woefully naive and unable to recognize the obvious lack of development in their recently added project or, the more likely scenerio, they have a financial stake in PayCoin and expect to make money on the hype generated from their decision and actions taken by other sites cascading from it.

We have entered a fascinating time in history, where there are a growing number of technological advancements that can be recombined and remixed in countless unique ways, where everyone has good ideas and everyone should have good ideas. However, ideas are not enough. What is truly impressive is not simply a good idea, but the act of following through an idea to completion. We will be staying true to our commitment and continue to focus on spotlighting true innovation and actual development in the cryptocurrency ecosystem.

that was a very interesting read, I couldn't have put a lot of those point better, myself.
is there a link to the original copy?

[klintay]

Homero ain't lying here...

So exited im moist, Homero use your phone for something productive then fail texts, and sext me please. Ive already sold everything I own and bought into paycoin.

I hope Amazon except paycoin

accept?

[raskul]

I hope Amazon except paycoin

What could you possibly want at Amazon that they don't already sell at meganet?

raygunz

[keshuker]

Guys what are your toughts on dec 29?

you dont think he might do that?

Do what? Do I think he will run to brazil by Dec 29? Or are you just asking if they'll fail to get the paybase actually released by then? The answer to both is: I wouldn't doubt it.

I'm asking if they will buy back with 20$? how can they workaround this one?
i mean they wont be able to use lemmings to buy for 20 this time...

Yeah, everything hangs on this question. I haven't figured out a way they can do it yet. I'm assuming they don't actually have a 100 million wall of money to throw at it though. As others have said, I think they find a way to wiggle out of it yet again. I'm not sure how long the cultists will accept that, but they are pretty damn gullible.

Do they really need a $100 million?  With only 12 million coins, and probably over half of them locked up into stakers, do you really think it'll take $100 million to buy every single coin dumped?

It also prevents them from dumping coins on the exchange because they will just come right back to them and actually cost them money. It's not 12 million coins either. It's growing at a high rate every day. Almost 1% a day in some cases lol. This is super inflationary coin remember lol? And according to the white paper that 100 million dollar CAF fund is supposed to be used for everything including development, marketing, research etc, not just used as the wall, so I'm sure it would be something more like 20-30 million max devoted to the wall even if the money actually existed.

This super inflation is something that noone is talking about in HT even if its the biggest red flag.

If they have around 6 million paycoin in hashstakers producing 1% a day, they will create 60,000 new paycoin a day and with the "wall" at 20$ they will create 1.2 million $ of new money every day, out of thin air.

And some of those new coins will be restaked I'm sure, for compounding interest plus the "normal" interest ppl get from normal staking the other 6 million coins.

I hope some hashtalkers would discuss this, as it is easy to see that the whole paycoin will crumble down because of this inflation, if they won't screw it up somehow before.

[Jacques de Molay]

Homero ain't lying here...

So exited im moist, Homero use your phone for something productive then fail texts, and sext me please. Ive already sold everything I own and bought into paycoin.

I hope Amazon except paycoin

I loled


Self entitled up my own arse so deep redacted reply incomming

[bitpop]

We were recently asked if we would be including PayCoin (XPY), thought up by the controversial mining company GAW Miners. The most common reason we were given to add XPY is that XPY has been added to the popular payment gateway GoCoin, and because of this and a large market cap their growth would be inevitable.

XPY, for those who are not familiar with it, has had incredibly high volume since its launch. Their market cap and mining power quickly escalated to astronomical proportions on popular market summary websites.

Only truly innovative coins will be traded on Exco.in, and simply put being accepted by a popular service does not qualify as innovative. We are immediately suspicious of any cryptocurrency that doesn't explicitly offer technical achievements.

Deciding to educate ourselves on XPY, we began our investigation with their official website. We were curious to see if there was anything we may have missed underneath the marketing. Scrolling through the page, we reached a section titled "How can I use PayCoin?" only to find every item within linked to nowhere, a succinct metaphor for the project. Farther down, in the client section, we were presented with a selection of unsigned clients and no link to the source code.

We quickly found the source code on Github and begun our review. We looked over each commit since initialization of the XPY project. The changes we saw in practically every commit were superficial, along the lines of removing, then subsequently adding back, the Peercoin copyrights and adding new checkpoints. These trivial changes indicate to us that there was no actual development occurring.

Upon reviewing their "Features" section, we discovered that XPY does not list a single technical feature. This indicates to us that they have no interest in developing a cryptocurrency. It started appear to us that there was a high probability the creators of XPY are simply selling an idea, with the hope traders will gamble on a token over which GAW Miners maintains opaque and unregulated control of the majority. Everything they claim to offer, including their addition to GoCoin, has already been accomplished by Bitcoin. Bitcoin is also under active development, being constantly refined and improved, and has the network effect and a massive community. So if XPY offers no technological achievements over its predecessors Bitcoin or Peercoin, its value appears to be dependent on its potential acceptance as a currency. There is no reason to believe that this project will ever surpass Bitcoin when it has yet to achieve anything that Bitcoin has not already achieved and offers no technical advancements. After what we have learned about this project, we would not describe XPY as innovative in either marketing strategy or technical achievements.

We see two likely reasons GoCoin management decided to add XPY to their platform. Either GoCoin's management team is woefully naive and unable to recognize the obvious lack of development in their recently added project or, the more likely scenerio, they have a financial stake in PayCoin and expect to make money on the hype generated from their decision and actions taken by other sites cascading from it.

We have entered a fascinating time in history, where there are a growing number of technological advancements that can be recombined and remixed in countless unique ways, where everyone has good ideas and everyone should have good ideas. However, ideas are not enough. What is truly impressive is not simply a good idea, but the act of following through an idea to completion. We will be staying true to our commitment and continue to focus on spotlighting true innovation and actual development in the cryptocurrency ecosystem.

that was a very interesting read, I couldn't have put a lot of those point better, myself.
is there a link to the original copy?

https://blackwavelabs.com/

Homero ain't lying here...

So exited im moist, Homero use your phone for something productive then fail texts, and sext me please. Ive already sold everything I own and bought into paycoin.

I hope Amazon except paycoin

accept?

Sorry trying to be like Homero

EXITED. Hmmm.....

Where's bitjane to edit his post?

She must fucking go nuts editing every single one of his posts

[keshuker]

Exco.in btw provides a proof of reserves. Would like that on all exchanges

https://exco.in/reserves

[bitpop]

Exco.in btw provides a proof of reserves. Would like that on all exchanges

https://exco.in/reserves

Too bad they won't help people dump

[T0urist]

We were recently asked if we would be including PayCoin (XPY), thought up by the controversial mining company GAW Miners. The most common reason we were given to add XPY is that XPY has been added to the popular payment gateway GoCoin, and because of this and a large market cap their growth would be inevitable.

XPY, for those who are not familiar with it, has had incredibly high volume since its launch. Their market cap and mining power quickly escalated to astronomical proportions on popular market summary websites.

Only truly innovative coins will be traded on Exco.in, and simply put being accepted by a popular service does not qualify as innovative. We are immediately suspicious of any cryptocurrency that doesn't explicitly offer technical achievements.

Deciding to educate ourselves on XPY, we began our investigation with their official website. We were curious to see if there was anything we may have missed underneath the marketing. Scrolling through the page, we reached a section titled "How can I use PayCoin?" only to find every item within linked to nowhere, a succinct metaphor for the project. Farther down, in the client section, we were presented with a selection of unsigned clients and no link to the source code.

We quickly found the source code on Github and begun our review. We looked over each commit since initialization of the XPY project. The changes we saw in practically every commit were superficial, along the lines of removing, then subsequently adding back, the Peercoin copyrights and adding new checkpoints. These trivial changes indicate to us that there was no actual development occurring.

Upon reviewing their "Features" section, we discovered that XPY does not list a single technical feature. This indicates to us that they have no interest in developing a cryptocurrency. It started appear to us that there was a high probability the creators of XPY are simply selling an idea, with the hope traders will gamble on a token over which GAW Miners maintains opaque and unregulated control of the majority. Everything they claim to offer, including their addition to GoCoin, has already been accomplished by Bitcoin. Bitcoin is also under active development, being constantly refined and improved, and has the network effect and a massive community. So if XPY offers no technological achievements over its predecessors Bitcoin or Peercoin, its value appears to be dependent on its potential acceptance as a currency. There is no reason to believe that this project will ever surpass Bitcoin when it has yet to achieve anything that Bitcoin has not already achieved and offers no technical advancements. After what we have learned about this project, we would not describe XPY as innovative in either marketing strategy or technical achievements.

We see two likely reasons GoCoin management decided to add XPY to their platform. Either GoCoin's management team is woefully naive and unable to recognize the obvious lack of development in their recently added project or, the more likely scenerio, they have a financial stake in PayCoin and expect to make money on the hype generated from their decision and actions taken by other sites cascading from it.

We have entered a fascinating time in history, where there are a growing number of technological advancements that can be recombined and remixed in countless unique ways, where everyone has good ideas and everyone should have good ideas. However, ideas are not enough. What is truly impressive is not simply a good idea, but the act of following through an idea to completion. We will be staying true to our commitment and continue to focus on spotlighting true innovation and actual development in the cryptocurrency ecosystem.

so is that a reputable source or will gaw fans scream FUD? this text is clear and truthful with what they did

[bitpop]

We were recently asked if we would be including PayCoin (XPY), thought up by the controversial mining company GAW Miners. The most common reason we were given to add XPY is that XPY has been added to the popular payment gateway GoCoin, and because of this and a large market cap their growth would be inevitable.

XPY, for those who are not familiar with it, has had incredibly high volume since its launch. Their market cap and mining power quickly escalated to astronomical proportions on popular market summary websites.

Only truly innovative coins will be traded on Exco.in, and simply put being accepted by a popular service does not qualify as innovative. We are immediately suspicious of any cryptocurrency that doesn't explicitly offer technical achievements.

Deciding to educate ourselves on XPY, we began our investigation with their official website. We were curious to see if there was anything we may have missed underneath the marketing. Scrolling through the page, we reached a section titled "How can I use PayCoin?" only to find every item within linked to nowhere, a succinct metaphor for the project. Farther down, in the client section, we were presented with a selection of unsigned clients and no link to the source code.

We quickly found the source code on Github and begun our review. We looked over each commit since initialization of the XPY project. The changes we saw in practically every commit were superficial, along the lines of removing, then subsequently adding back, the Peercoin copyrights and adding new checkpoints. These trivial changes indicate to us that there was no actual development occurring.

Upon reviewing their "Features" section, we discovered that XPY does not list a single technical feature. This indicates to us that they have no interest in developing a cryptocurrency. It started appear to us that there was a high probability the creators of XPY are simply selling an idea, with the hope traders will gamble on a token over which GAW Miners maintains opaque and unregulated control of the majority. Everything they claim to offer, including their addition to GoCoin, has already been accomplished by Bitcoin. Bitcoin is also under active development, being constantly refined and improved, and has the network effect and a massive community. So if XPY offers no technological achievements over its predecessors Bitcoin or Peercoin, its value appears to be dependent on its potential acceptance as a currency. There is no reason to believe that this project will ever surpass Bitcoin when it has yet to achieve anything that Bitcoin has not already achieved and offers no technical advancements. After what we have learned about this project, we would not describe XPY as innovative in either marketing strategy or technical achievements.

We see two likely reasons GoCoin management decided to add XPY to their platform. Either GoCoin's management team is woefully naive and unable to recognize the obvious lack of development in their recently added project or, the more likely scenerio, they have a financial stake in PayCoin and expect to make money on the hype generated from their decision and actions taken by other sites cascading from it.

We have entered a fascinating time in history, where there are a growing number of technological advancements that can be recombined and remixed in countless unique ways, where everyone has good ideas and everyone should have good ideas. However, ideas are not enough. What is truly impressive is not simply a good idea, but the act of following through an idea to completion. We will be staying true to our commitment and continue to focus on spotlighting true innovation and actual development in the cryptocurrency ecosystem.

so is that a reputable source or will gaw fans scream FUD? this text is clear and truthful with what they did

FUD

<<downvote>>

[keshuker]

so is that a reputable source or will gaw fans scream FUD? this text is clear and truthful with what they did

It is from https://blackwavelabs.com/

Of course they will, and already are screaming FUD because the article was missing the "We love Josh"

Edit:
I think the nick for one of the devs here on btct is "yourstruly". Maybe some should ask him to comment if anyone wants more info on how they concluded the article

[T0urist]

Homero ain't lying here...

a coining being used? exiting!!!

Seriously hes being exposed and desperate. Only question i have is who will come back and apologise.

[vach]

Lets see if the thread starter at hashtalk will be banned because he dared to post the statement from blackwavelabs.

will that change anything for you? those who ban are users themselvs

[Unacceptable]

besides christmas is bad time to scam people, if he do, how can he be confident in his and his family security...

Are you threatening him?

https://www.youtube.com/watch?v=YoPVC4YxDlI

[bitpop]

Homero ain't lying here...

a coining being used? exiting!!!

Seriously hes being exposed and desperate. Only question i have is who will come back and apologise.

So high or retarded?

josg21149 enter

[interstellar]

What would we do without this guy? How would we get any new members?

[Subtuppel]

What would we do without this guy? How would we get any new members?

Three days old...
Supposed dev team...
Saying bad things about every coin ... well aside e.g. Namcoin, DOGE, DRK, Peercoin, BTC which are all even mentioned on the landing page.

Someone should do their homework before ridiculing themselves by writing utter nonsense with foam at the mouth.

Can you say a good thing about all the 100% clones like XPY - all just with slightly different fancy but useless features and scam/pump schemes?

[interstellar]

Oh geez, somebody didn't!!

[bitpop]

Oh geez, somebody didn't!!

Link?