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Author Topic: Paycoin (XPY) is scam  (Read 79521 times)
Videlicet
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January 06, 2015, 10:38:02 PM
 #401

The only reason they got the price as high as it went was because of this "floor".
A lot of people have lost at least 60% of their investments from a purchase price of 10-15 and current price of 4.

But this is why I built Coinshield, to protect people from scams like this  Wink
Viz.

[Nexus] Created by Viz. [Videlicet] : "videre licet - it may be seen; evidently; clearly"
Videlicet
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January 07, 2015, 01:35:18 AM
 #402

Or maybe a lot of people are just looking at the evidence.

Viz.

[Nexus] Created by Viz. [Videlicet] : "videre licet - it may be seen; evidently; clearly"
inBitweTrust
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January 07, 2015, 10:04:09 AM
 #403

So much for his claims he had the inside track to being "the first cryptocurrency the regulators will actually want to work with"...

https://gawgate.com/forums/showthread.php?tid=5&pid=17#pid17



Videlicet
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January 07, 2015, 02:45:57 PM
 #404

So much for his claims he had the inside track to being "the first cryptocurrency the regulators will actually want to work with"...

https://gawgate.com/forums/showthread.php?tid=5&pid=17#pid17



I love how so many people are coming out of the dark to distance themselves from Garza - people don't do that unless something is up. He's been under investigation for a while now as far as GAW's questionable business practices; and now he's entered a whole new realm of deception.

The truth always shines,
Viz.

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TinEye
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January 07, 2015, 02:55:02 PM
 #405

The surprising part is that its still at $4. What are the holders waiting for, I would take these prices in a heartbeat and leave.
XPY would be lucky to trade at a few cents soon.



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ikeboy
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January 07, 2015, 03:13:48 PM
 #406

The surprising part is that its still at $4. What are the holders waiting for, I would take these prices in a heartbeat and leave.
XPY would be lucky to trade at a few cents soon.

Paybase is buying back for above market price at 4.07. New floor? Whatever, I'm arbitraging the hell out of it right now. Maybe I'll make back my losses ...

If only cryptsy didn't take hours to confirm my bitcoin deposits. One good thing about paycoin, transfers take minutes.
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January 08, 2015, 12:31:46 AM
 #407

http://www.coindesk.com/gaw-miners-paycoin-disappearing-20-floor/

GAW Miners and the Disappearing $20 Paycoin Floor

inBitweTrust
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January 08, 2015, 11:40:35 AM
 #408

So this new company just registered in Texas December 17, 2014

PAYCOIN-FOUNDATION-INC

http://www.bizapedia.com/tx/PAYCOIN-FOUNDATION-INC.html

had a website registered on December 6, 2014 by none other than

http://whois.domaintools.com/paycoinfoundation.com

Adam Matlack

https://twitter.com/adammatlack

Paycoin team leader and youth church leader

http://clearpoint.org/

where his desicples all seem to be continuously in gAWE of Homero and his schemes. No matter what.

Some serious fuckery is afoot here I believe.

Phbaby
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January 08, 2015, 12:16:47 PM
 #409

So many haters in XPY
peonminer
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January 08, 2015, 08:17:30 PM
 #410

Sir Alpha_goy
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January 09, 2015, 12:41:29 AM
Last edit: December 12, 2015, 02:33:54 PM by Sir Alpha_goy
 #411

.
inBitweTrust
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January 09, 2015, 01:16:48 AM
 #412

So looks like paycoin ignored Stripes TOS and went ahead anyways before being shutdown due to violating the contract:

https://coinfire.cf/2015/01/09/xpy-purchasing-by-credit-card-disabled-by-stripe-for-tos-violation/

Gross incompetence or willful ignoring TOS?

Stripe employee comment-
    "We spent the better part of last night trying to figure out what this website was. We hadn’t heard about it until reports started flooding in regarding it and once we started evaluating what it was they were doing exactly we found it was most certainly in violation of our TOS. Several members of our team were discussing this.

    The team behind this site had the audacity to even attempt to limit transactions so as to not set off our warning systems but after digging in a bit during the day we were able to determine exactly what they were doing. The post stating they would limit transactions (trying to hide what was going on from us) on the forums sealed the deal though."


https://hashtalk.org/topic/28373
https://web.archive.org/web/20150109010707/https://hashtalk.org/topic/28373/paybase-credit-card-launch

fullintegrity
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January 09, 2015, 04:54:42 AM
 #413

Just turned on again... https://hashtalk.org/topic/28500/restored-credit-card-purchasing
---correction, in the process of being turned back on.....which means more "hurry up and wait while we do our homework boys and girls...
- shouldnt have they known this in advance..

#LIKEIMWORKINGWITHKIDSHERE

1Lfx2Dv69BUgs5v18LtcLqFYKuiJvhxPYh
SockPuppetAccount
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January 09, 2015, 07:19:19 AM
 #414



Anyone see this?  Now this has got to be related to XPY right?  Coinfire seems to be the crypto news website that has been most vocal about GAW, Josh, and his band of thieves.
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January 09, 2015, 07:20:58 AM
 #415

Oh, yeah.  It's related to XPY.

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January 09, 2015, 07:24:25 AM
 #416

Oh wow, it now seems XPY supporters are targeting crypto websites which attack XPY.  Coinreport.co is down because someone filed a DMCA complaint with their hosts.
Videlicet
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January 09, 2015, 07:25:57 PM
 #417

Their cult is continuing its attacks on us who just wish to not be a part of it.

Wow,
Viz.

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cloverme
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January 09, 2015, 07:56:25 PM
 #418

So many haters in XPY

Unfortunately, GAW tainted the coin and angered the community at large. There are still supports over on hashtalk, but that's about it. If the coin had potential to be either fluid or a commodity, people would invest in it. People hate Exxon, but they still invest in oil. GAW could garner some goodwill by giving the coin back to the community, hard fork, and let it go.
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January 09, 2015, 09:21:47 PM
 #419

you can Change them into PAYCON(CON)......it´s much better

PayCon offers no promises and delivers on everything. Much profit in PayCon
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January 09, 2015, 09:56:25 PM
 #420

crypto-ninjas have been dispatched to execute the staff of confire  Grin

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