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Author Topic: GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :)  (Read 3377004 times)
T0urist
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December 25, 2014, 10:41:59 PM
 #9761

i am waiting confirmation on the coins.


The bet is now 100 BTC. Cold cache.

You better show your face....



isnt a 10:1 unequal. i thought yourbet was 1:1 on their terms. if you believe in the bet shouldnt it be 1:1 matching ?

The claim people are making here is that they are sure paycoin is a scam, sure enough to write over 500 pages on it and expose themself to considerable ridicule if it isn't. That requires a great deal of confidence. I've had people tell me in irc that there a "99% chance" that paycoin is bust in a week. The claim I'm betting for (that paycoin won't go bust) does not have to hold a high confidence to act on it. If I have a >50% probability in that, then buying paycoin for $10 in hopes of getting $20 is justified. To bet, I need a better incentive than doubling my money.

That's the reason the odds are better for me: it's against the market. In order to bet at even odds, people would have to believe that there's a 50% chance that paycoin isn't a scam. From the tone of people here, they're not ready to put that at 50%, but they might put it at 10% or less. That's why I chose that number.

All bets are determined by what people are willing to risk for it.
you are saying its 99% not a scam so odds are scewed to you then and dont reflect the bet.... unless you want to state the % you think you believe its not a scam? that would show your confidence. man up at 1:1 or back down. you are technically trying to cheat someone on the bet else. so... how high is your belief?

I didn't say it was 99% not a scam. I said someone else said that it was 99% a scam. I would say my belief now is around the 10-20% range, so a bet on 10% seemed fair to me, considering how loud people are shouting SCAM.

Demanding a 50% bet when both people think the odds are less than that is unfair.

well if you think its 10% scam then your risk is low right so low risk low reward. shouldnt you be hedging only a 10% bet gain? since there is no weighted authority its equalish match 1:1. propose a lower bet amount to match or match current if you believe. 50:50 is still better than your 10% risk.
I_IZ_DEKAY9
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December 25, 2014, 10:49:28 PM
 #9762

1:1 ike will lose anyways post on ht also ike our community will bet against yours i lov the bookies 21 n texas poker dekays a betting man
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December 25, 2014, 10:49:56 PM
 #9763

i am waiting confirmation on the coins.


The bet is now 100 BTC. Cold cache.

You better show your face....



I'll only be able to match ~20 BTC at these odds. I may get more in a few days (well, it all depends on whether paybase ever opens up ...).

100 BTC or nothing.

Big mouths with things to lose speaking loudly.

Put up or shut up.

100 BTC on your spam website.

You a doer or a loser?

I don't have the 10 btc it would take to match your 100. I can get together 4 in a few days, which would match 40. If I had more, I'd put more.

If you leave up 100btc on the bet, I'll match as much as I can, and you can withdraw the rest. (On the same odds.)

I'll even put the bet to hashtalk, and probably people there will match more than I can.
convert some xpy to match Smiley. im sure maldir will be a good sport and agree to paying the amount in xpy if you are concerned your investment go up in 6 months. e.g 60 btc vs 60 btc. if in 6 months you win he'll give you xpy in 60 btc value at todays rate for btc conversion.

The 4 btc I could commit to are already from liquidating most of my xpy at the current price. If I can get rid of them at a higher price in a few days, I'd be able to put in more. However, I think people won't want to bet anymore if gaw maintains the floor, so I need to do it now.

There isn't a good way that I know of to do what you're suggesting without trust. I trust betmoose because it has a real website and some searching doesn't report people complaining that they're a scam. I can't say the same about a random internet user.

So far there are no bets, I know they said it was transferring, I'm waiting.

Quote
well if you think its 10% scam then your risk is low right so low risk low reward. shouldnt you be hedging only a 10% bet gain? since there is no weighted authority its equalish match 1:1. propose a lower bet amount to match or match current if you believe. 50:50 is still better than your 10% risk.

I meant a 10-20 percent chance that it is real.
inBitweTrust
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December 25, 2014, 10:50:11 PM
 #9764

I didn't say it was 99% not a scam. I said someone else said that it was 99% a scam. I would say my belief now is around the 10-20% range, so a bet on 10% seemed fair to me, considering how loud people are shouting SCAM.

Demanding a 50% bet when both people think the odds are less than that is unfair.

Those confidence numbers don't reflect your proposed wager.

Here is some help with the math :

https://en.wikipedia.org/wiki/Odds

ikeboy
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December 25, 2014, 10:51:16 PM
 #9765

I didn't say it was 99% not a scam. I said someone else said that it was 99% a scam. I would say my belief now is around the 10-20% range, so a bet on 10% seemed fair to me, considering how loud people are shouting SCAM.

Demanding a 50% bet when both people think the odds are less than that is unfair.

Those confidence numbers don't reflect your proposed wager.

Here is some help with the math :

https://en.wikipedia.org/wiki/Odds


I meant 10-20 odds that it is real (or at least will last for another few months.)
inBitweTrust
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December 25, 2014, 10:54:04 PM
 #9766

I meant 10-20 odds that it is real (or at least will last for another few months.)

So you agree that its a likely scam than? So your whole argument is that you think its only 90% likely scam instead of 99%.... this is silly...
none of us have enough data to argue the probabilities of  that spread.

We just think its likely a scam... which could mean anything from 60% to 99% confidence.

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December 25, 2014, 10:56:01 PM
 #9767

I meant 10-20 odds that it is real (or at least will last for another few months.)

So you agree that its a likely scam than? So your whole argument is that you think its only 90% likely scam instead of 99%.... this is silly...
none of us have enough data to argue that spread.

From reading through this thread, people certainly seem to put greater than 90% on it.
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December 25, 2014, 10:59:16 PM
 #9768

i am waiting confirmation on the coins.


The bet is now 100 BTC. Cold cache.

You better show your face....



I'll only be able to match ~20 BTC at these odds. I may get more in a few days (well, it all depends on whether paybase ever opens up ...).

100 BTC or nothing.

Big mouths with things to lose speaking loudly.

Put up or shut up.

100 BTC on your spam website.

You a doer or a loser?

I don't have the 10 btc it would take to match your 100. I can get together 4 in a few days, which would match 40. If I had more, I'd put more.

If you leave up 100btc on the bet, I'll match as much as I can, and you can withdraw the rest. (On the same odds.)

I'll even put the bet to hashtalk, and probably people there will match more than I can.
convert some xpy to match Smiley. im sure maldir will be a good sport and agree to paying the amount in xpy if you are concerned your investment go up in 6 months. e.g 60 btc vs 60 btc. if in 6 months you win he'll give you xpy in 60 btc value at todays rate for btc conversion.

The 4 btc I could commit to are already from liquidating most of my xpy at the current price. If I can get rid of them at a higher price in a few days, I'd be able to put in more. However, I think people won't want to bet anymore if gaw maintains the floor, so I need to do it now.

There isn't a good way that I know of to do what you're suggesting without trust. I trust betmoose because it has a real website and some searching doesn't report people complaining that they're a scam. I can't say the same about a random internet user.

So far there are no bets, I know they said it was transferring, I'm waiting.

Quote
well if you think its 10% scam then your risk is low right so low risk low reward. shouldnt you be hedging only a 10% bet gain? since there is no weighted authority its equalish match 1:1. propose a lower bet amount to match or match current if you believe. 50:50 is still better than your 10% risk.

I meant a 10-20 percent chance that it is real.
so ike just said 80% chance gaws a scam wow exposed much? josh were do you find these retards all gaw shrills were calling u out time to step up put your money were your mouth is or expose urselfs  1:1 bet winner side take all
inBitweTrust
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December 25, 2014, 10:59:22 PM
 #9769

From reading through this thread, people certainly seem to put greater than 90% on it.

Perhaps you are reading into people comments too much and distorting what they are suggesting? Who keeps saying 99%?

The fact that we are adamant and persistent doesn't change the percentages, it just means that we are sure its a likely scam
and don't want others to become victims.  

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December 25, 2014, 10:59:50 PM
 #9770

I believe the only people holding XPY coins are GAW itself and those who bought XPY with fiat and are hoping and wishing the exchange rate will increase to the point that they'll break even. Who knows ... maybe Josh will smoke a big bowl of crack and dump millions into XPY and make that $20-$25 floor and the non-GAW people will actually get their chance to get out without loosing much.

Those of us who mined XPY, I think most of us cashed out and payed for our electric used and a little more.

I know I cashed out and paid for my electricity used... I was thinking of cashing out when the first stink whiffed through the air, I would have made a profit then, but I stuck onto XPY, letting it play out a bit more. But when the stink got worse than my cats food, It was time.

...

Your beliefs are just wrong.   I still have a lot of XPY from mining as do many others.   I doubt many bought XPY with fiat, however a lot of XPY has been bought on exchanges with BTC.   Most of GAW's customers also hold XPY from mining converted HashPoints and now from staking.   Early investors have also been given their paycoin and much of it is tied up in supporting the Prime controllers.   GAW only holds a small portion of what they did.

Since you don't even understand the basics of how the coin was distributed and acquired, I don't see how anything else you say about the coin has merit. 

pretty much everyone bought xpy with fiat.
buy btc trade for xpy
buy hardware with fiat mine btc trade for xpy
think about it, thats the basics.

people that acquired peoples xpy for btc or fiat @20 need a rise to profit. should they not then there are your profit losers. again people have to lose for people to win. GAW just hasnt fallen over yet. wait for paybase and the trans holds. the pain will begin soon. just not for you as you were an early person. your buyers are the real future victims


You could use the same logic to say everyone bought pretty everything with gold and silver even though that hasn't been used for trade for a very long time.  

For the record, the only thing in the crypto world I have bought with fiat is BTC, everything else was been bought with BTC.   BTC can also be used to make more BTC.

As for XPY, my average cost per XPY is less then 18 mBTC.   That is considerably less than the $20 level you think people need to make a profit.  You $20 has nothing to do with the level that someone needs to be profitable.   It is just a figure you a throwing out with no merit behind it.   At $20 ... ~ 62 mBTC the profits are huge.    With paybase coming on line it is possible I'll even get close to that if I want.  

Clearly you don't know about the situation different people are in and so you assertion that $20 is needed for a profit has no meaning.  
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December 25, 2014, 11:06:03 PM
 #9771

dyask shut up anyways listen up gaw kiddies my bet 1:1 odds paycoins is worth 20$ by jan 1st 2015 yes no from your ceos remarks promises it should be right ? whos got some balls do gaw shrills believe in gaw or not
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December 25, 2014, 11:09:23 PM
 #9772

You could use the same logic to say everyone bought pretty everything with gold and silver even though that hasn't been used for trade for a very long time.  

For the record, the only thing in the crypto world I have bought with fiat is BTC, everything else was been bought with BTC.   BTC can also be used to make more BTC.

As for XPY, my average cost per XPY is less then 18 mBTC.   That is considerably less than the $20 level you think people need to make a profit.  You $20 has nothing to do with the level that someone needs to be profitable.   It is just a figure you a throwing out with no merit behind it.   At $20 ... ~ 62 mBTC the profits are huge.    With paybase coming on line it is possible I'll even get close to that if I want.  

Clearly you don't know about the situation different people are in and so you assertion that $20 is needed for a profit has no meaning.  

This is true. There is a small group of individuals who will profit with anything over 4usd a coin and some have already taken those profits. Some that were misled by joshes bots and bought on the rise up to 16usd will lose money. All of you stand to lose your investments in the 1-6 month range if you don't cash out because paycoin is going to crash hard. GAW can extend this charade out a little further with a slow KYC approval process and some more lies but not too much longer.

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December 25, 2014, 11:10:54 PM
 #9773

From reading through this thread, people certainly seem to put greater than 90% on it.

Perhaps you are reading into people comments too much and distorting what they are suggesting? Who keeps saying 99%?

The fact that we are adamant and persistent doesn't change the percentages, it just means that we are sure its a likely scam
and don't want others to become victims.  

There was a specific person on irc (if you really want I can dig up the log) who told me 99%. That's what inspired me to bet.

This thread didn't sound like the "we think it might be a scam, ranging from 60% to 99%" thread. People are calling anyone who defends gaw a shill, so they must think that no sane person would defend gaw, which means they hold a very high confidence that it's a scam. That seems to be what my thought process was as far as I can remember.


dyask shut up anyways listen up gaw kiddies my bet 1:1 odds paycoins is worth 20$ by jan 1st 2015 yes no from your ceos remarks promises it should be right ?

If I was doing that, I'd just buy paycoin directly. Also, it's possible that they'll be trading on an exchange for a little less (18-19) which I'd still consider not bust.
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December 25, 2014, 11:13:40 PM
 #9774

From reading through this thread, people certainly seem to put greater than 90% on it.

Perhaps you are reading into people comments too much and distorting what they are suggesting? Who keeps saying 99%?

The fact that we are adamant and persistent doesn't change the percentages, it just means that we are sure its a likely scam
and don't want others to become victims.  

There was a specific person on irc (if you really want I can dig up the log) who told me 99%. That's what inspired me to bet.

This thread didn't sound like the "we think it might be a scam, ranging from 60% to 99%" thread. People are calling anyone who defends gaw a shill, so they must think that no sane person would defend gaw, which means they hold a very high confidence that it's a scam. That seems to be what my thought process was as far as I can remember.


dyask shut up anyways listen up gaw kiddies my bet 1:1 odds paycoins is worth 20$ by jan 1st 2015 yes no from your ceos remarks promises it should be right ?

If I was doing that, I'd just buy paycoin directly. Also, it's possible that they'll be trading on an exchange for a little less (18-19) which I'd still consider not bust.
ike doesnt have confidence in gaw look hes just a gaw scammer dysk your up next ikes now lost all credibility u putting ur money on the table? before we label u scammer aswell? well be quoteing u on what u say next choose ur next words careful
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December 25, 2014, 11:16:56 PM
 #9775

There was a specific person on irc (if you really want I can dig up the log) who told me 99%. That's what inspired me to bet.

This thread didn't sound like the "we think it might be a scam, ranging from 60% to 99%" thread. People are calling anyone who defends gaw a shill, so they must think that no sane person would defend gaw, which means they hold a very high confidence that it's a scam. That seems to be what my thought process was as far as I can remember.

You seem to also agree there is a high confidence that paycoin is a scam. You believe it is 80-90% a scam ... that's a high confidence in most peoples books.


Also, it's possible that they'll be trading on an exchange for a little less (18-19) which I'd still consider not bust.

From reading hashtalk most early investors simply want to cash out 20-30% of their paycoins. If they can't even fulfill those orders at 20usd than Josh was lying through his teeth about his millions of investor capital intended to shore up the price of paycoin to 20 usd.

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December 25, 2014, 11:21:05 PM
 #9776

dyask shut up anyways listen up gaw kiddies my bet 1:1 odds paycoins is worth 20$ by jan 1st 2015 yes no from your ceos remarks promises it should be right ? whos got some balls do gaw shrills believe in gaw or not

Put a cork in it yourself.   GAW has promised to make XPY worth $20 on Paybase for using XPY.   That isn't the same as XPY being worth $20 on a random exchange.   Logically if you can use it for $20 on Paybase, it would be worth slightly less on outside exchanges.    You can bet all you want, it doesn't mean anything.  I've bet with the XPY I currently own.   I don't need $20/XPY to win large.   Cheesy
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December 25, 2014, 11:24:06 PM
 #9777

dyask shut up anyways listen up gaw kiddies my bet 1:1 odds paycoins is worth 20$ by jan 1st 2015 yes no from your ceos remarks promises it should be right ? whos got some balls do gaw shrills believe in gaw or not

Put a cork in it yourself.   GAW has promised to make XPY worth $20 on Paybase for using XPY.   That isn't the same as XPY being worth $20 on a random exchange.   Logically if you can use it for $20 on Paybase, it would be worth slightly less on outside exchanges.    You can bet all you want, it doesn't mean anything.  I've bet with the XPY I currently own.   I don't need $20/XPY to win large.   Cheesy
translation yes i agree dekay gaw is a scam or id take your bet you crazy swagged out pimp
 
i rest my case these empty husks have 0 faith
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December 25, 2014, 11:24:11 PM
 #9778

Put a cork in it yourself.   GAW has promised to make XPY worth $20 on Paybase for using XPY.   That isn't the same as XPY being worth $20 on a random exchange.   Logically if you can use it for $20 on Paybase, it would be worth slightly less on outside exchanges.    You can bet all you want, it doesn't mean anything.  I've bet with the XPY I currently own.   I don't need $20/XPY to win large.   Cheesy

Would you like to wager on whether or not paybase will allow a withdrawal of sold XPY in BTC or fiat on the 29th? You really think that he is going to payout 20usd on the 29th?

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December 25, 2014, 11:25:45 PM
 #9779

dyask shut up anyways listen up gaw kiddies my bet 1:1 odds paycoins is worth 20$ by jan 1st 2015 yes no from your ceos remarks promises it should be right ? whos got some balls do gaw shrills believe in gaw or not

Put a cork in it yourself.   GAW has promised to make XPY worth $20 on Paybase for using XPY.   That isn't the same as XPY being worth $20 on a random exchange.   Logically if you can use it for $20 on Paybase, it would be worth slightly less on outside exchanges.    You can bet all you want, it doesn't mean anything.  I've bet with the XPY I currently own.   I don't need $20/XPY to win large.   Cheesy
translation yes i agree dekay gaw is a scam or id take your bet you crazy swagged out pimp i rest my case these empty husks have 0 faith
This thread is supposed to be in English, not gibberish.   
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December 25, 2014, 11:30:52 PM
 #9780

dyask shut up anyways listen up gaw kiddies my bet 1:1 odds paycoins is worth 20$ by jan 1st 2015 yes no from your ceos remarks promises it should be right ? whos got some balls do gaw shrills believe in gaw or not

Put a cork in it yourself.   GAW has promised to make XPY worth $20 on Paybase for using XPY.   That isn't the same as XPY being worth $20 on a random exchange.   Logically if you can use it for $20 on Paybase, it would be worth slightly less on outside exchanges.    You can bet all you want, it doesn't mean anything.  I've bet with the XPY I currently own.   I don't need $20/XPY to win large.   Cheesy
translation yes i agree dekay gaw is a scam or id take your bet you crazy swagged out pimp i rest my case these empty husks have 0 faith
This thread is supposed to be in English, not gibberish.    
translation can we change the subject your proveing im a sham with 0 faith by telling me to bet gaw isnt a scam
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