Bitcoin Forum
March 29, 2024, 07:15:29 AM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Warning: One or more bitcointalk.org users have reported that they strongly believe that the creator of this topic is a scammer. (Login to see the detailed trust ratings.) While the bitcointalk.org administration does not verify such claims, you should proceed with extreme caution.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 [38] 39 40 41 42 43 44 45 46 »
  Print  
Author Topic: Paycoin (XPY) is scam  (Read 79512 times)
Snorek
Legendary
*
Offline Offline

Activity: 1400
Merit: 1001



View Profile
March 06, 2015, 04:13:02 PM
 #741

I used to really like GAW and their vision. They seems to be really enthusiastic about their work and it reminds me of Satoshi. I thought they would revolutionize cryptocurrency world. Of that.. I am not so sure anymore.
You get merit points when someone likes your post enough to give you some. And for every 2 merit points you receive, you can send 1 merit point to someone else!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1711696529
Hero Member
*
Offline Offline

Posts: 1711696529

View Profile Personal Message (Offline)

Ignore
1711696529
Reply with quote  #2

1711696529
Report to moderator
1711696529
Hero Member
*
Offline Offline

Posts: 1711696529

View Profile Personal Message (Offline)

Ignore
1711696529
Reply with quote  #2

1711696529
Report to moderator
1711696529
Hero Member
*
Offline Offline

Posts: 1711696529

View Profile Personal Message (Offline)

Ignore
1711696529
Reply with quote  #2

1711696529
Report to moderator
Hyena
Legendary
*
Offline Offline

Activity: 2114
Merit: 1011



View Profile WWW
March 06, 2015, 04:22:22 PM
 #742

I used to really like GAW and their vision. They seems to be really enthusiastic about their work and it reminds me of Satoshi. I thought they would revolutionize cryptocurrency world. Of that.. I am not so sure anymore.

I never believed in them Cheesy I just wanted to buy low and dump high but they failed unexpectedly soon so my plan was somewhat ruined.

★★★ CryptoGraffiti.info ★★★ Hidden Messages Found from the Block Chain (Thread)
rokkyroad
Legendary
*
Offline Offline

Activity: 1090
Merit: 1000


View Profile
March 06, 2015, 05:58:33 PM
 #743

Barrabbas is extremely butthurt. I call bs on his "minimal" investment. He is blaming the world because his paycoin dreams were shattered.

Don't worry bud, the promised $20 buyback is right around the corner. Hang in there.

" If you have to spam and shout to justify your existence then you are a shit coin."  TaunSew
inBitweTrust
Hero Member
*****
Offline Offline

Activity: 658
Merit: 501



View Profile
March 06, 2015, 08:18:33 PM
Last edit: March 06, 2015, 11:58:07 PM by inBitweTrust
 #744

https://forum.gethashing.com/t/gaw-miners/67/668
http://cryptohoot.com/former-gaw-exec-8m-zenminer-investment-a-total-lie/





barabbas
Legendary
*
Offline Offline

Activity: 1162
Merit: 1000


View Profile
March 06, 2015, 08:49:29 PM
 #745

Again: NOTHING whatsoever to do with XPY.

But, assuming all of this is "legit" -which seems quite the inappropriate word to use regarding any and all of this crap-, what we have here is a disgruntled co-conspirator in what would seem a conspiracy to commit tax fraud (by way of inflating the actual price of the purchase). All naturally stated with the usual safeguards since everything here could and probably is manipulated and very distant from the real truth. Now, this otherwise enthusiast co-conspirator now feels the hit, after enjoying his millions -less so, he implies, than the figure used for promotion implied, but significant amount I bet. Now, it doesn't mean, by any means, that the 8 million figure was used for tax purposes so that is PURE SPECULATION and therefore I am going to assume that it wasn't until proven otherwise -and since there's an investigation ongoing, it sure will come out in the clear sooner rather than later if, indeed there was tax fraud or was just a PR figure that looked good on paper, which would equal the some sort of false advertising, much more benign than tax fraud.

In any case, once again, NOTHING TO DO WITH XPY.

Just another rat FORCED to jump ship and "feeling very sorry" that he enthusiastically went along when the fat check was changing his life and he blatantly and enthusiastically cooperated in defrauding the people in general and the investors in GAW in particular. Who was the real guilty party here? What would have happened if he would have notified JG that either the figure mentioned in the press release was corrected or the deal was off? He wasn't at all concerned then about setting that particular record straight, was he? again, who was the real bad guy in that story, the one that wanted to look like a big shot or the one that actually knew the lie and not only did nothing but also enthusiastically went along with it? I guess I know your answer to that. There are others, of course. And the heat -and legal punishment- will be on their way... even with whistleblower promises and public apologies.

in case I have not left it clear enough, again, THIS HAS ABSOLUTELY NOTHING TO DO WITH XPY in any way, shape or form.
inBitweTrust
Hero Member
*****
Offline Offline

Activity: 658
Merit: 501



View Profile
March 06, 2015, 09:30:29 PM
 #746

I understand that Josh may have setup paybase and other entities as a separate legal entity than GAW, but he and his senior management all own a controlling interest in all these companies , thus I will continue to post any incriminating evidence regarding GAW, Josh and his associates, and other legal entities here because it relates to the character of the person who sold XPY securities or assets.  

I have already stated it in another thread and will repeat it here for fairness for to XPY and Josh that we shouldn't jump to conclusions concerning the DHS terrorist money laundering investigations. Money laundering and terrorism can be used as a catch all for a wide degree of different charges and we should wait till we get more evidence before we assume that Josh knowingly was working with terrorist organizations.

More articles concerning Fraud investigations:

http://arstechnica.com/tech-policy/2015/01/bitcoin-startup-gaw-miners-reportedly-under-sec-investigation/

http://247cryptonews.com/gaw-miners-paycoin-scam-alert-complaints-under-sec-investigation/

http://www.coinssource.com/sec-investigation-gaw-miners-fraud/

suchmoon
Legendary
*
Offline Offline

Activity: 3640
Merit: 8906


https://bpip.org


View Profile WWW
March 06, 2015, 09:47:08 PM
 #747

@inBitweTrust, I admire your patience. I'm giving up. Time for weekly intoxication and to clear my head of this shitshow Cool

Why is it that the remaining GAW supporters all seem to have some sort of reading comprehension issue or are not reading at all?

Rhetorical question probably.
inBitweTrust
Hero Member
*****
Offline Offline

Activity: 658
Merit: 501



View Profile
March 06, 2015, 09:53:31 PM
Last edit: March 06, 2015, 10:29:43 PM by inBitweTrust
 #748

@inBitweTrust, I admire your patience. I'm giving up. Time for weekly intoxication and to clear my head of this shitshow Cool


I appreciate all your hardwork as well, you have spent much more time on this than I have.

I have walked away from this shitstorm several times. What keeps me going is knowing that our posts may save at least one person from wasting away their life savings on this scam. This really is bigger than GAW and more about us being fed up with all the scams in the general in the cryptocurrency scene.

 What is even more depressing and troublesome is how many people that initially knew this was a scam or now do and used to or continue to peddle this filth for profit.

inBitweTrust
Hero Member
*****
Offline Offline

Activity: 658
Merit: 501



View Profile
March 06, 2015, 10:02:25 PM
 #749

Good Blockchain investigation showing Josh laundering/mixing his premine and eventually cashing out on an exchange.

Here is a travelogue of 100,000 XPY. These were pulled directly from two addresses in this now empty wallet that belongs to GAW/Homero in two 50k chunks on 2/13. These transactions are in Block #67334 , specifically this hash and this hash. I am going to follow the second group. The first follows the same pattern and results, please feel free to check for yourself.
The majority was pulled from this Prime Controller

Which has been completely emptied now. Most or all are in the 5,000,000 "security"wallet, which is GAWS. This shows ownership of this address.

And the rest pulled from this Prime Controller

Which is now also empty, most or all now in the GAW 5,000,000XPY wallet as well. This nails down ownership of these two addresses.

Now for the fun stuff. Lets see where this massive chunk of XPY goes. Any guesses where it ends up?  Wink  Huh  Roll Eyes
The interesting part is all of the trouble gone through to try to cover the origin and destination of all of this XPY. In my opinion this is the most damning thing of all, as it shows criminal intent to deceive the poor fools who honestly believe their precious Homero would never dump massive amounts of XPY directly into the markets, thereby making their XPY investments go down the toilet into Homero's pocket. Angry
Here we go on our convoluted journey in and out of many dozens of new addresses meant to throw people off of the trail. Along the way small amounts get shaved off, I suspect this was done by bots due to the massive amount of transactions.
https://chainz.cryptoid.info/xpy/tx.dws?305523.htm This is the first hash
https://chainz.cryptoid.info/xpy/address.dws?PN3Gc5HMNLhWET7ZXn9MZRzZ9KMpZxZSoL.htm to here, a GAW address
https://chainz.cryptoid.info/xpy/tx.dws?305621.htm and leaves a half hour later.
https://chainz.cryptoid.info/xpy/address.dws?PDcf7HThy3BnyeV5cvKHtAJtjVb25PtzAb.htm to be shuffled here.
https://chainz.cryptoid.info/xpy/tx.dws?305634.htm Hello Paybase!! >15XPY shaved here.
https://chainz.cryptoid.info/xpy/address.dws?PE32cZPdqQebhFv8A1SZDAS39jkhkuNv9h.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?305832.htm 3.7XPY> Paybase
https://chainz.cryptoid.info/xpy/address.dws?PJscfV54iBnSdM83Q7erp3XiFipaPTrjhE.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?306027.htm 27XPY > Paybase
https://chainz.cryptoid.info/xpy/tx.dws?306027.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?306594.htm Shuffle
https://chainz.cryptoid.info/xpy/address.dws?PWf5gZ39fFp9sJ5LPbYDkcyTb6xaZRmceD.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?306856.htm 1.9 XPY > Paybase
https://chainz.cryptoid.info/xpy/tx.dws?306856.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?307356.htm Shuffle
https://chainz.cryptoid.info/xpy/address.dws?PQw5CWs7Jm3uMu4RFhMrU6j15hiVSWS3z6.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?307429.htm 3.7 > Paybase
https://chainz.cryptoid.info/xpy/address.dws?PSE6zsVx3D6YzMBDed8nR9PQP2jU7AWYUy.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?307533.htm Shuffle
https://chainz.cryptoid.info/xpy/address.dws?PLpzsJV2FECeVtN89q81krRBbyPyPvAJEx.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?308057.htm 1 XPY> PayBase
https://chainz.cryptoid.info/xpy/address.dws?P9zvZnPTYmgBs2FGAngYKr5n67P61w963D.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?308224.htm Shuffle
https://chainz.cryptoid.info/xpy/address.dws?PXdWkrGYU44hjBLc5qZDsqfT8MDuyNYms3.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?308277.htm Shuffle-small amount peeled off
https://chainz.cryptoid.info/xpy/address.dws?PRorkhbLTsF95xzYjx4JScvGi96Uu2Td9s.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?308329.htm Shuffle
https://chainz.cryptoid.info/xpy/address.dws?PPiyZrNGqYx4UQ6gVRe9BkBgp2YA7Kx5V4.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?308393.htm Shuffle
https://chainz.cryptoid.info/xpy/address.dws?PVvYfD7U85Lry57zXwETAGyQzLb4QC2dLJ.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?308518.htm 6> Paybase
https://chainz.cryptoid.info/xpy/address.dws?PHXjJwJ1nU5tkBBk18xihqvt6JhpW4g6FH.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?308572.htm Shuffle
https://chainz.cryptoid.info/xpy/address.dws?PFzgwwRkTmcZA8XhVLPiJf1La1oASRX5G8.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?308622.htm Shuffle
https://chainz.cryptoid.info/xpy/address.dws?PVUj5XiY963ZdgM1sxAgcKrJzCx5fKS98w.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?308729.htm 1XPY> Paybase
https://chainz.cryptoid.info/xpy/address.dws?PLKPP6td9MCpuL76bscykN1621mciyYoMz.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?308920.htm Shuffle
https://chainz.cryptoid.info/xpy/address.dws?P9txZTB1nswujqXYJbHoU71xRPUW7ngXSd.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?308934.htm Hello Bittrex! A whole.93 XPY Gotta keep em small to hide em ha ha!
https://chainz.cryptoid.info/xpy/address.dws?PW8jSbLkbW38UNFdMqUt9LznSVsvsVcRz8.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?309012.htm Shuffle-30 peeled off
https://chainz.cryptoid.info/xpy/address.dws?PHsQPM4UCVtw6LcMKPs87oMoZpaVTPCuh1.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?309279.htm Hello Cryptsy- a whole.18 XPY nothing to see here- HA!
https://chainz.cryptoid.info/xpy/address.dws?PDCmQxFZtRMShsFq18Pto8RmSU956prH2c.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?309353.htm Shuffle
https://chainz.cryptoid.info/xpy/address.dws?PFk5BPCHQLNhycnFnkdmUsVADuMZc34sML.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?309472.htm Shuffle
https://chainz.cryptoid.info/xpy/address.dws?PUpFRa83oXzuzkQBqV6LD8RNeYa77iANXV.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?310299.htm Shuffle
https://chainz.cryptoid.info/xpy/address.dws?PNWRSxK3hnio79yAf3zkC5XtXCJgnmjEy6.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?310710.htm 2.75 XPY> Cryptsy - nothing to see here!
https://chainz.cryptoid.info/xpy/address.dws?PQVPv8iAiDFymSebZp7W8p75K4Z1HmzByW.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?311215.htm Shuffle
https://chainz.cryptoid.info/xpy/address.dws?PJNDYwHDdMxpagQznxhzha8Mk6xQR1G7Ck.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?311566.htm Shuffle
https://chainz.cryptoid.info/xpy/address.dws?PVzyAi5j16ZQ54cs91xiRk1KVYun6j217e.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?311722.htm 12 XPY> PayBase
https://chainz.cryptoid.info/xpy/address.dws?PWRbrHX79R7XWRJLTrSDWtzbpxYCKnu86w.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?311927.htm Shuffle
https://chainz.cryptoid.info/xpy/address.dws?P8n3yo4xDJEQPM7btXzQ4r7fS5UHBGrBnk.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?311961.htm 21 XPY> Paybase
https://chainz.cryptoid.info/xpy/address.dws?PBD19KDieJdgbzLqhrosLNuGJa7BS579jv.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?312073.htm 111 XPY > Paybase Getting bolder!!!
https://chainz.cryptoid.info/xpy/address.dws?PLXrPapYqWgMo86vifaV2Ja4E6a68tR7Vs.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?312131.htm 3 XPY > Cryptsy
https://chainz.cryptoid.info/xpy/address.dws?PNmxSebBEXBTds4cXuJ7g29XrLgzSMfEBn.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?312193.htm Shuffle
https://chainz.cryptoid.info/xpy/address.dws?PT18g58J1ryFZJQXnztAZPkZysZbyv5dzi.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?312306.htm .06 > Cryptsy- nothing to see here folks....
https://chainz.cryptoid.info/xpy/address.dws?PB8KMQaP6b2KV9bc397p9SgarTrR6Mp45V.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?312338.htm Shuffle 10 shaved off to be mixed
https://chainz.cryptoid.info/xpy/address.dws?PLNRSUiYUcnP64VHXU3MVXpQ76KGkDTB9D.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?312383.htm 37 XPY> Paybase
https://chainz.cryptoid.info/xpy/address.dws?PDtRGC65SHkx8vtYG442EzBjPRCF8CrgBy.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?312419.htm Shuffle 16 shaved
https://chainz.cryptoid.info/xpy/address.dws?PMscXh55ePhekrYvcC9z5nv3bFzr5RMpMA.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?312449.htm 12 XPY > Cryptsy
https://chainz.cryptoid.info/xpy/address.dws?PF6Rt8um541mZBnRPXDuac4duRRWcEJZhr.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?312473.htm 1 XPY> Paybase
https://chainz.cryptoid.info/xpy/address.dws?PGsxFDHqB6yDwBW5FoV8oqU4ByHCLkBthb.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?312921.htm 50 XPY > PayBase HAHAHA!
https://chainz.cryptoid.info/xpy/address.dws?PTiui71vnbZY7JAk2gEiUFAA6oMSg19d52.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?313000.htm 123 > Paybase HAHAHA!
https://chainz.cryptoid.info/xpy/address.dws?PRC7nBKzjiU4GKaa1Sogk9h9TUdbs6sxGY.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?313261.htm Shuffle 13 shaved
https://chainz.cryptoid.info/xpy/address.dws?PJDWYeNsQjCcAyAtNCY3t7NPQUuGYfqfow.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?313415.htm Shuffle- 215 shaved to be remixed
https://chainz.cryptoid.info/xpy/address.dws?PSLwkPtkxKHo7fuiaW5S8261SpXWULb3P5.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?313741.htm Shuffle
https://chainz.cryptoid.info/xpy/address.dws?P9AQ1fMT9yeqTeXUQNB7FCJWwtqpnydkRN.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?314227.htm Shuffle
https://chainz.cryptoid.info/xpy/address.dws?PWpDTU37Rgrcv7jVGemA9obZNg4QbN6moa.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?314309.htm 12 XPY Bittrex!
https://chainz.cryptoid.info/xpy/address.dws?PCWV2Bwma7TDNFWDLuSC2kh7e6r8eeZJ55.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?314526.htm 16 XPY > Paybase
https://chainz.cryptoid.info/xpy/address.dws?PRq5bF3h5n4HmCb96cjbMEThhVuVjQhNYq.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?314570.htm 8 XPY > Paybase hehe!
https://chainz.cryptoid.info/xpy/address.dws?PG8tkNvUwhEjLaqDuvG4wJtNSy2gHWiYny.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?314907.htm 50 XPY > PayBAse! HArdy Har Har!
https://chainz.cryptoid.info/xpy/address.dws?PRvofjua38bMq7LEvvqngoocYJSszeenWW.htm Shuffle
https://chainz.cryptoid.info/xpy/tx.dws?315102.htm 31 XPY PayBase Ya get it yet HTrs!?!?
https://chainz.cryptoid.info/xpy/address.dws?PRDLMBJAXDUh5XxHzmF7HsEp3sX8uZVwfA.htm SHuffle
https://chainz.cryptoid.info/xpy/tx.dws?315126.htm 10,273 XPY Cryptsy HAHAHAHAHA! Fuck you investors, signed Homero!!

This pattern is the same with the other 50,000 XPY group, and they both ALL eventually end up on the exchanges.


Hyena
Legendary
*
Offline Offline

Activity: 2114
Merit: 1011



View Profile WWW
March 06, 2015, 10:18:46 PM
 #750

What is even more depressing and troublesome is how many people that initially knew this was a scam or now do and used to or continue to peddle this filth for profit.

I never believed in them Cheesy I just wanted to buy low and dump high but they failed unexpectedly soon so my plan was somewhat ruined.


I did not believe in them the way I believe in Bitcoin and NuBits. I was knowingly participating in a pump-and-dump shitcoin for fun, using just a small amount of finances. I did not have any secret information about them. All I saw was some crazy volatility that seemed attractive for experimental day-trading and a plausible chance that the coin could go up in the long term. What took me by surprise was the fact that the coin fell lower than its initial price so early on and that it in fact was a deliberate scam. I never marketed them in good light. To be honest, their ambitions were just unrealistic from the beginning and that's why they were fishy. Stuff like Amazon integration --- come on --- even Bitcoin has no Amazon integration yet, why should some out-of-the-blue shitcoin get it?

★★★ CryptoGraffiti.info ★★★ Hidden Messages Found from the Block Chain (Thread)
inBitweTrust
Hero Member
*****
Offline Offline

Activity: 658
Merit: 501



View Profile
March 06, 2015, 10:29:08 PM
 #751

I did not believe in them the way I believe in Bitcoin and NuBits. I was knowingly participating in a pump-and-dump shitcoin for fun, using just a small amount of finances. I did not have any secret information about them. All I saw was some crazy volatility that seemed attractive for experimental day-trading and a plausible chance that the coin could go up in the long term. What took me by surprise was the fact that the coin fell lower than its initial price so early on and that it in fact was a deliberate scam. I never marketed them in good light. To be honest, their ambitions were just unrealistic from the beginning and that's why they were fishy. Stuff like Amazon integration --- come on --- even Bitcoin has no Amazon integration yet, why should some out-of-the-blue shitcoin get it?

You are correct that there is a difference in gambling with your own money and keeping it to yourself and actively promoting paycoin. I apologize for lumping you in with the rest of XPY investors doing this. I edited that post.

inBitweTrust
Hero Member
*****
Offline Offline

Activity: 658
Merit: 501



View Profile
March 07, 2015, 12:46:16 AM
 #752

http://www.coindesk.com/gaw-8-million-zenminer-investment-lie/

DecentralizeEconomics
Legendary
*
Offline Offline

Activity: 1162
Merit: 1042


White Male Libertarian Bro


View Profile
March 07, 2015, 12:52:46 AM
 #753



A++++++ on the pic!  lol   Grin

"Give me the liberty to know, to utter, and to argue freely according to conscience, above all liberties." - Areopagitica
inBitweTrust
Hero Member
*****
Offline Offline

Activity: 658
Merit: 501



View Profile
March 07, 2015, 01:02:13 AM
 #754

GAW Miners, SEC
https://www.youtube.com/watch?v=hu98b2zmWC8

inBitweTrust
Hero Member
*****
Offline Offline

Activity: 658
Merit: 501



View Profile
March 07, 2015, 12:32:22 PM
 #755

"Bitjane" moderator apologizing and distancing herself from paycoin controversies

https://www.linkedin.com/pulse/when-bloggers-like-me-fail-jane-kreisman
When Bloggers (Like Me) Fail


Quote
My expensive collection of Legendary Hashlets-turned-Stakers are now all but worthless, including my “Origin Staker,” which some of “The 19” sold for thousands of dollars several months ago. Sorry, Mom. I should have listened to you and sold it back then.


Quote
The list of GAW/Paycoin failures goes on and on, including: “never-obsolete / always profitable” mining services that became worthless and were terminated, broken wallet software, thousands of test coins not destroyed as scheduled, no top-tier merchant partnerships, no credit / debit cards, no “moving” the market and no $20 “floor” for Paycoin, while GAWMiners’ own “Prime Controllers” were raking in 350% APR and compounding coins.


Quote
To anyone who lost money because of my blogs, I’m deeply sorry.

inBitweTrust
Hero Member
*****
Offline Offline

Activity: 658
Merit: 501



View Profile
March 08, 2015, 02:53:02 PM
 #756

Just to remind people of just a few of those promises, so they don't think it was "mere incompetence" that caused all of this, here's a quick list:

Hashlets will "Never expire and always be profitable" - lie
Prime Hashlets will be able to mine SHA-256 - lie
Prime Hashlets will be the only ones mining XPY PoW phase - lie
HashBase - lie
AmpStore is coming soon - lie
Hybrid-thermal-rubber-rabbit-flux-chain BTC2 capabilities - lie
Paybase debit card - lie
Paybase Amazon, Target, WallMart and co - lie
Paybase BillPay - lie
Paybase thousands of merchants on board - lie
XPY $20 floor - lie
World leading coin development team hired - lie
CAF (Coin Adoption Fund) - lie
$100 Million Fiat reserve - lie
We're moving the market - lie
GAW "bought" BTC.com for $1 Million dollars - lie
GAW bought ZenCloud for $8 Million dollars - lie - in fact, this is the lie that shows it's been nothing but a scam since the very beginning.

Remember Legendarys limited to 500 - lie
Vegas Legendarys only given to those attending Vegas - lie
Vegas Legendarys will be the rarest of Legendarys - lie
Holloween legendarys will be able to combine into something special - lie
Staker Legendarys will only be limited to 100 - lie
all Legendarys converted to Stakers will keep their Legendary status - lie
all legendarys converted to Stakers will get extra abilities - lie

usairx
Full Member
***
Offline Offline

Activity: 206
Merit: 100


View Profile
March 08, 2015, 10:25:35 PM
 #757

Oh well, lesson learned. Don't buy into all the hype.
Mi5h0
Sr. Member
****
Offline Offline

Activity: 560
Merit: 273



View Profile
March 08, 2015, 10:53:31 PM
 #758

Good article on current status of Paycoin
http://www.coinssource.com/paycoins-suffers-controversy/

quote of the day:
"At this point, it wouldn’t be too unreasonable for all the failed promises to simply be chalked up to another scheme of dishonesty, which has left its unfortunate believers with wallets that are much, much lighter."
maku
Legendary
*
Offline Offline

Activity: 1288
Merit: 1000



View Profile
March 08, 2015, 11:48:12 PM
 #759

Nothing at this point can help PayCoin survive. Even with huge these spikes, the price is still  less than 1/10 of the initial price for investors, PayCoin foundation is just a cover and with Homero gone PayCoin is done.
Mi5h0
Sr. Member
****
Offline Offline

Activity: 560
Merit: 273



View Profile
March 09, 2015, 08:32:30 AM
 #760

Nothing at this point can help PayCoin survive. Even with huge these spikes, the price is still  less than 1/10 of the initial price for investors, PayCoin foundation is just a cover and with Homero gone PayCoin is done.

Unfortunately, I agree. Maybe it's better that way ..
Even though the idea may have some good points, poor performance, a lot of disappointment and false promises led them to this point.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 [38] 39 40 41 42 43 44 45 46 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!