Paycoin (XPY) is scam

[AltcoinInvestor]

All altcoins are basically scam...

You should change your username

Do you still think I should change my username? 

No need. You're probably a masochist.

Nope, As an Altcoin Investor I check everything before investing. And I did know that was a scam So I didn't invest a penny on this shit.
Now it turned out a scam so I came back and mocking people

This doesn't make me masochist; it makes me sadist

[bitcoin_bagholder]

All altcoins are basically scam...

You should change your username

Do you still think I should change my username? 

No need. You're probably a masochist.

Nope, As an Altcoin Investor I check everything before investing. And I did know that was a scam So I didn't invest a penny on this shit.
Now it turned out a scam so I came back and mocking people

This doesn't make me masochist; it makes me sadist

No, you are a masochist because you say all altcoins are scam yet you invest in them.

[AltcoinInvestor]

All altcoins are basically scam...

You should change your username

Do you still think I should change my username? 

No need. You're probably a masochist.

Nope, As an Altcoin Investor I check everything before investing. And I did know that was a scam So I didn't invest a penny on this shit.
Now it turned out a scam so I came back and mocking people

This doesn't make me masochist; it makes me sadist

No, you are a masochist because you say all altcoins are scam yet you invest in them.

Do you know why people invest in ponzis early times of them? "To make quick money".
Do you know why I invest in Altcoins early times? "To make quick BTC".

Each altcoin has it's own value that calculated with a special formula (that I found out, maybe others did too). I'm investing altcoins for short times. I don't hold any altcoin more than a week. And you know what? So far I've never lost a single satoshi...

So, if I know a formula when a coin's price will go up and down; why shouldn't I take advantage of it and double, even triple my btc?

[Crestington]

Won't be long until PayCon is worth more than PayCoin

https://bitcointalk.org/index.php?topic=912034.0

Paycon [CON]- We Don't Deny It.

[inBitweTrust]

Ok, I know I'm part of the group that Mr. GAW says don't understand context or can't read or whatever... but his white paper, archive link below, specifically said prime controllers stake @ 5%.  Nowhere does the white paper show 10, 20, 100, or 350 % stake rates... ANYWHERE in that white paper...

http://web.archive.org/web/20150105011047/https://c91475e716c8925e05c6-d2659d433205cf4410415f8dd63807af.ssl.cf5.rackcdn.com/paycoinwhitepaper.pdf

[inBitweTrust]

new forum going up to track issues:

https://www.gawgate.com/

Paycoin , doesn't accept paycoin:
https://hashtalk.org/topic/27947/inventory-package-discounts/2

[fox19891989]

First stealing another coins name
Second legal trademark problems paycoin logo, 3 times over
Now this conflict with paybase:

I think the most serious thing is the massive premine, it is next Auroracoin

[peonminer]

new forum going up to track issues:

https://www.gawgate.com/

Paycoin , doesn't accept paycoin:
https://hashtalk.org/topic/27947/inventory-package-discounts/2

That moment when you realize idiots are allowed to access the internet too.

[inBitweTrust]

Deleted video recovered.

Oh no, did someone slip and delete the video titled "jmordica's Mining Statement" from youtube?





Don't worry, I've been proactive 

http://ge.tt/3LgZZz72/v/0

http://data.hu/get/8370979/mining.mp4

[TinEye]

https://www.cryptocoinsnews.com/paycoin-delisted-shapeshift-io/

PayCoin Delisted from ShapeShift.io amid Fraud Concerns

Its over.

They should return all the earnings they made off Paycoin. Trying to be a hero after its over is nothing but a PR attempt.
They were aware that it was a scam, and still supported it when it was making them profits.

[devlin85]

I can't believe their ads are still everywhere..

First off, there's a 666 in their paycoin ad balance.. and since when does .166601 x $31 = $77.68!?

And it still says accepted on amazon, yet their search that allows you to purchase is broken and obviously there's nothing on amazon..

[inBitweTrust]

Will be interesting to see if this 300 million fund backing their promises ever did exist.

Found here:

https://hashtalk.org/topic/17070/gaw_ceo-the-maths-behind-why-hashcoin-might-fail-current-plan-part-1

Archived here because we know Josh & Co will delete this as soon as they realize yet another PoS (Proof of Scam) is still not locked down:

http://web.archive.org/web/20150105192303/https://hashtalk.org/topic/17070/gaw_ceo-the-maths-behind-why-hashcoin-might-fail-current-plan-part-1

[inBitweTrust]

[inBitweTrust]

Altcoins Dropping Off Coin-Swap in Boycott Against GAW Miners

http://cointelegraph.com/news/113249/altcoins-dropping-off-coin-swap-in-boycott-against-gaw-miners

[inBitweTrust]

Josh's original plan found:

 http://forum.kncminer.com/search?searchJSON=%7B%22author%22%3A%5B%22josg21%22%5D%2C%22sort%22%3A%7B%22relevance%22%3A%22desc%22%7D%2C%22view%22%3A%22%22%2C%22exclude_type%22%3A%5B%22vBForum_PrivateMessage%22%5D%7D&btnSubmit=&humanverify%5Binput%5D=SyYMEB&humanverify%5Bhash%5D=50a9715190b9d4184e4ca2f07b2a9134&humanverify%5Binput%5D=SyYMEB&humanverify%5Bhash%5D=50a9715190b9d4184e4ca2f07b2a9134

https://archive.today/zGbi3#65%
http://web.archive.org/web/20140628081525/http://forum.kncminer.com/forum/resellers-affilicates/general-questions/29377-plan-b

http://i.snag.gy/2izhc.jpg
http://snag.gy/d9lBk.jpg


Someone should post these two imgs to hashtalk. Pretty much shows Homero's true colors. He was always in it for himself.
(in reference to first img) Now this is just conjecture but it seems:

1) Become a reseller of miners. "Sell product to miners even though its more profitible to mine them. This will build loyalty."
2) Hashlets. "Use them to fund next project. But also use them to fund next data center."
3) "Right on edge when customers are on edge to loose loyalty the product will magically be done." Hashlets giving out 1sat?

There were no investers. No NDAs. That was just to hide the fact that all of the capital came from original hashlet sales/marketplace fees. Payouts were initially good
because of ponzi-like payouts.

Can somebody archive the post form jmordica on here referencing josh on josg21?

https://archive.today/YhU46

[inBitweTrust]

https://paycoin.com/invest/

Details on prime controller staking

https://archive.today/YWDPC

https://web.archive.org/web/20150106212218/https://paycoin.com/invest/

[Videlicet]

https://paycoin.com/invest/

Details on prime controller staking

https://archive.today/YWDPC

https://web.archive.org/web/20150106212218/https://paycoin.com/invest/

Yet they omit their 350% stake which is clearly in their code.

The lies continue,
Viz.

[cassius69]

did anyone really believe in that $300 million figure?

[AvaiSc]

too many people saying this coin SCAM

soon this coin really2 SCAM bcoz many people want this turn SCAM

[suchmoon]

did anyone really believe in that $300 million figure?

A lot of Hashtalk members apparently did, judging by the gloating prior to Paybase release and the disappointment after - when the "floor" didn't happen. The coin traded up to $14-16 in anticipation for the "floor", now it's ~$4.