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

[strangerdanger101]

I hate to admit it but this has gone badly, I was one of the few lucky ones who did snap up the $20.06 on offer through pay base, however I was stupid enough to reinvest. I am closing out the position and will still get an average price of $15. However I am now seeing this for what it is and that is just another alt coin, everything you can do in Pay Base once on line I can already do in one format or another here in Australia with BTC.

As for the hash stakers all of mine were converted hashlets as there was no point in keeping an investment that was never going to win, the premier account doesn't do anything for me as I am in Australia and most of the features will be US based, as Josh is trying to ensure everything he does is within the law only US citizens will be able to get a debit card.

Hashstakers are already a dead investment, if you bought a staker you have no chance of a ROI at $9.00 per coin. The converted ones will only miss the opportunity to sell their coins as the market is dying.

With only 1.4 million dollars in trade yesterday Josh should of been able to keep a $20 floor in place but chose not to, in fact had of Josh put and kept a $20 floor in place the markets would now be trading at around the same level.

So I now find myself asking what has happened to the supposed 100 million fiat, and the 10 million in BTC mined (as stated in the WJS article), the 10 million in BTC alone should have held a floor price.

I have been a semi supporter of GAW but now find the lies are to far fetched for me, I actually think LTC gear has more chance of paying me this week then I have in seeing the $20 floor price again.

So I must say I now think that most people here are right and I was probably wrong.  

Mistakes are always forgivable, if one has the courage to admit them.

[1714157329]

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[1714157329]

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[dannyspk]

I hate to admit it but this has gone badly, I was one of the few lucky ones who did snap up the $20.06 on offer through pay base, however I was stupid enough to reinvest. I am closing out the position and will still get an average price of $15. However I am now seeing this for what it is and that is just another alt coin, everything you can do in Pay Base once on line I can already do in one format or another here in Australia with BTC.

As for the hash stakers all of mine were converted hashlets as there was no point in keeping an investment that was never going to win, the premier account doesn't do anything for me as I am in Australia and most of the features will be US based, as Josh is trying to ensure everything he does is within the law only US citizens will be able to get a debit card.

Hashstakers are already a dead investment, if you bought a staker you have no chance of a ROI at $9.00 per coin. The converted ones will only miss the opportunity to sell their coins as the market is dying.

With only 1.4 million dollars in trade yesterday Josh should of been able to keep a $20 floor in place but chose not to, in fact had of Josh put and kept a $20 floor in place the markets would now be trading at around the same level.

So I now find myself asking what has happened to the supposed 100 million fiat, and the 10 million in BTC mined (as stated in the WJS article), the 10 million in BTC alone should have held a floor price.

I have been a semi supporter of GAW but now find the lies are to far fetched for me, I actually think LTC gear has more chance of paying me this week then I have in seeing the $20 floor price again.

So I must say I now think that most people here are right and I was probably wrong.  

It's never too late. But I'm sorry for your loss. It has been quite a ride for everyone involved.

[MinermanNC]

Wow just checking in, where has PYC price gone? lol something happen somewhere that I missed on? New delay or announcement from the GAW leadership  

OH and happy New Year everyone! especially the HT crowd  

[jimmothy]

Wow just checking in, where has PYC price gone? lol something happen somewhere that I missed on? New delay or announcement from the GAW leadership  

OH and happy New Year everyone! especially the HT crowd  

The announcement is that they decided to scrap the single feature which gave paycoin value. (the $20 floor)

[Paul Revere]

According to a leading market analyst and investor, Paycoin has disappeared from the charts:

https://www.youtube.com/watch?v=RzSthEv3Bag

According to this leading investor:

"Did we just witness a scam right in front of our face?"

"I thought I was trippin"

"If Ya'll start this type of shit, this shit will never take off"

"I read a story last night and it said Paycoin jumped out of nowhere. And now it's gone."

Gawsome?

https://www.youtube.com/watch?v=Ll776kmp7Y4

lol, this is so entertaining   - thx, GAW! thx josh!

This guy is great. Check out his idea for a new coin, called "Whatcoin"

https://www.youtube.com/watch?v=zIiJSn1oZ74

Abbott: "What Coin are you talking about?"

Costello: "That's right"

Abbott: "I said what coin?"

Costello: "I just told you. Whatcoin"

Abbott: "I asked you what coin are you talking about. And you said Whatcoin. What I wanna know is what coin are you talking about?"

Costello: "Exactly. Whatcoin".

Abbott: "MRRRRM!!! I asked YOU what coin!"

Costello: "Listen, I already told you. The coin I am talking about is Whatcoin."

I think Mr. I Pad Chain aka Famous Amos really should start Whatcoin, it would probably be better that Paycoin, and much more entertaining.  

[owlcatz]

They will never figure it out will they?  

https://hashtalk.org/topic/26961/just-think/2

[LiteCoinGuy]

They will never figure it out will they?  

https://hashtalk.org/topic/26961/just-think/2

at 0,01 $ most will understand. History repeats itself. look at most other alts and their history.

[LiteBit]

And the hits keep coming...
https://coinfire.cf/2014/12/31/massive-security-breach-at-paybase/

[jimmothy]

Now on cryptsy only 25 BTC worth of bids to be filled before the price hit's 1 satoshi.

Amazing liquidity.

[WaffleMaster]

They will never figure it out will they?  

https://hashtalk.org/topic/26961/just-think/2

at 0,01 $ most will understand. History repeats itself. look at most other alts and their history.

Wow, so if GAW has all the Paycoin, then they can set the price at whatever they want. The question is, why does Paycoin go against everything Cryptocurrency is for, as is broken as fuck? I just...I just don't know. Hope you guys harvested enough emails to spam with great "cloud mining" ponzi's of yours. The HT crowd is completely delusional lol.

[Paul Revere]

Meanwhile in Paycoin Paradise.....



"We need more Hyper Flex Scotty!"



"I've given 'er all she can take Cap'n"

"But the mob is getting angry, We have to warp out of here!"

[alienesb]

GAW is so rich and powerful their CEO doesn't need a desk with a computer or paperwork or any of that antiquated 20th century junk!

I want to know what that mystical object is to the left? Is that part of a prime controller that magically mints XPY?!?

It's a chair

Really? I guess it is on its side then?  

http://www.target.com/p/re-bungee-chair/-/A-16598933

[alienesb]

I hate to admit it but this has gone badly, I was one of the few lucky ones who did snap up the $20.06 on offer through pay base, however I was stupid enough to reinvest. I am closing out the position and will still get an average price of $15. However I am now seeing this for what it is and that is just another alt coin, everything you can do in Pay Base once on line I can already do in one format or another here in Australia with BTC.

As for the hash stakers all of mine were converted hashlets as there was no point in keeping an investment that was never going to win, the premier account doesn't do anything for me as I am in Australia and most of the features will be US based, as Josh is trying to ensure everything he does is within the law only US citizens will be able to get a debit card.

Hashstakers are already a dead investment, if you bought a staker you have no chance of a ROI at $9.00 per coin. The converted ones will only miss the opportunity to sell their coins as the market is dying.

With only 1.4 million dollars in trade yesterday Josh should of been able to keep a $20 floor in place but chose not to, in fact had of Josh put and kept a $20 floor in place the markets would now be trading at around the same level.

So I now find myself asking what has happened to the supposed 100 million fiat, and the 10 million in BTC mined (as stated in the WJS article), the 10 million in BTC alone should have held a floor price.

I have been a semi supporter of GAW but now find the lies are to far fetched for me, I actually think LTC gear has more chance of paying me this week then I have in seeing the $20 floor price again.

So I must say I now think that most people here are right and I was probably wrong.  

Yeah until they dangle the next carrot in front of you.

[ajw7989]

Once GAW left mining btc for this altcoin BS called paycoin I dumped all my stuff. Glad I did I invested in a btc mining company back in the day not a create your own coin to compete with bitcoin.

[suchmoon]

How many coins are there in circulation right now? How many more staked each day? That seems like it should be in the OP so we can calculate how much fiat is needed per day to maintain $12/coin.

Considering all cashtakers are unprofitable at $12/coin, I would assume they don't need any money.

They are either making money out of thin air, i.e. staking, or paying out of their premine. They need to pay out ~23k XPY daily. Then it depends on exchange rates and how many suckers are willing to buy that, so GAW doesn't really need to pay any real cash out of pocket (now that the floor is no more).

I'll update the OP next year, gotta get myself stuffed now

[suchmoon]

GAW is so rich and powerful their CEO doesn't need a desk with a computer or paperwork or any of that antiquated 20th century junk!

I want to know what that mystical object is to the left? Is that part of a prime controller that magically mints XPY?!?

It's a chair

I thought that's his wife...

[vabchgent]

Happy New Year ALL   

[WaffleMaster]

GAW is so rich and powerful their CEO doesn't need a desk with a computer or paperwork or any of that antiquated 20th century junk!

I want to know what that mystical object is to the left? Is that part of a prime controller that magically mints XPY?!?

It's a chair

I thought that's his wife...

[Paul Revere]

Paycoin faithful: Never fear, Meganet is here!



"Do you sell TVs?" Uh, no, moron. They sell bomb jamming and cell phone hacking equipment to people like Blackwater.

http://meganet.com/

But they do have 1 GB USB drives for $30. These are the only items that I have seen in the whole meganet store that do not require being U.S Government (or presumably civilian contractors) to purchase.



Get em while they're hot morons! Your $20 Paycoins are honored here! LMFAO!

This is obviously some sort of desperate measure to save some of the $250,000 investment that the Meganet CEO stated they had in Paycoin.

Also: I know typos happen, but right on the front page?? And for what product? Why secure information encryption technology - of course!!



"Secure Infromation is Power"

Ya, so is good grammar you morons!

I really am taking notes on all of this. I am simply not creative enough to come up with all of the screwball shit that keeps pouring out of this whole scam, it is a treasure trove of story ideas.

[suchmoon]

Lol the people who benefited the most are the people were were looking for a way to get out. They definitely made a nice ROI after having to wait months on GAW zenminers. All the people who believed in Josh and this "revolutionary" coin that will overtake bitcoin took a nice bite in the ass. Someone over at HT saw their 100 XPY investment go from a worth of 2k to less than 1k 

Similar thing happened with the Vaultbreakers - Josh kept promising until late October that delivery is on schedule and then shipped 7kW Alcheminer hardware instead. Then of course anyone pointing that out got yelled at - why didn't you "upgrade" to Hashlets when you had a chance?

Now anyone mentioning the floor is getting yelled at - why didn't you sell at $12, $14, $16... when you had a chance?