Paycoin (XPY) is scam

[laxsmarts]

what happened this coin
u really paycoin is scam? omg
I have this coin, but I buy 0.011 and price now 0.004 loss again.  

yeah try not to hang on to alt coins for to long. their price will fluctuate. i don't know if it will make it up to .01 again but there is always a chance that it will be pumped again at some point . sorry for you loss i hope you did'ent buy to many

Im not sure to buy again, xpy coin need jumps to back up again.
for now I just wait and see.

well remember you dont want to wait and buy a coin at a high price then it gets dumped. what you wanna do is buy low and then sell high. im NOT saying "buy it" its going to go up! what im saying is that buying it at .01 might not be a good idea, that may be as high as it goes. yesterday there was a quick drop to .0034 and then it was back up to .0066ish that is around a 45% jump because of a pump.

another note: i dont like to watch any one fall and i know alot of people are loving this. but i just hope the guy makes it out ok and does secede. i dont support paycoin. but i also shouldent talk crap either.

[1714490650]

1714490650

[nachoig]

another note: i dont like to watch any one fall and i know alot of people are loving this. but i just hope the guy makes it out ok and does secede. i dont support paycoin. but i also shouldent talk crap either.

Paycoin price crashing and no mechant adoption is a good news, because an eventual success of Paycoin would be bad for cryptocurrencies: http://coinbrief.net/paycoin-succeeding-dangerous/

[barabbas]

what happened this coin
u really paycoin is scam? omg
I have this coin, but I buy 0.011 and price now 0.004 loss again.  

yeah try not to hang on to alt coins for to long. their price will fluctuate. i don't know if it will make it up to .01 again but there is always a chance that it will be pumped again at some point . sorry for you loss i hope you did'ent buy to many

Im not sure to buy again, xpy coin need jumps to back up again.
for now I just wait and see.

well remember you dont want to wait and buy a coin at a high price then it gets dumped. what you wanna do is buy low and then sell high. im NOT saying "buy it" its going to go up! what im saying is that buying it at .01 might not be a good idea, that may be as high as it goes. yesterday there was a quick drop to .0034 and then it was back up to .0066ish that is around a 45% jump because of a pump.

another note: i dont like to watch any one fall and i know alot of people are loving this. but i just hope the guy makes it out ok and does secede. i dont support paycoin. but i also shouldent talk crap either.

You obviously have a problem with math. And Observation. XPY did not go to 0.0034, the bottom was above 0.0037. But even if it was true, a jump from 34 to 66 is NOT 45%. As a matter of fact it is, EXACTLY, 94.12%.

Otherwise yes, you are right: Most people posting here just talk crap. The ignorant and, above all, MALICIOUS kind.

[laxsmarts]

what happened this coin
u really paycoin is scam? omg
I have this coin, but I buy 0.011 and price now 0.004 loss again.  

yeah try not to hang on to alt coins for to long. their price will fluctuate. i don't know if it will make it up to .01 again but there is always a chance that it will be pumped again at some point . sorry for you loss i hope you did'ent buy to many

Im not sure to buy again, xpy coin need jumps to back up again.
for now I just wait and see.

well remember you dont want to wait and buy a coin at a high price then it gets dumped. what you wanna do is buy low and then sell high. im NOT saying "buy it" its going to go up! what im saying is that buying it at .01 might not be a good idea, that may be as high as it goes. yesterday there was a quick drop to .0034 and then it was back up to .0066ish that is around a 45% jump because of a pump.

another note: i dont like to watch any one fall and i know alot of people are loving this. but i just hope the guy makes it out ok and does secede. i dont support paycoin. but i also shouldent talk crap either.

You obviously have a problem with math. And Observation. XPY did not go to 0.0034, the bottom was above 0.0037. But even if it was true, a jump from 34 to 66 is NOT 45%. As a matter of fact it is, EXACTLY, 94.12%.

Otherwise yes, you are right: Most people posting here just talk crap. The ignorant and, above all, MALICIOUS kind.

haha your right, sorry about that math there i was up really early this morning. for some reason i thought 50% was double. that is just what i saw on cryptsy yesterday it was almost .0067 from .0035ish (i dont have the exact numbers in front of me)

my mistake

[picolo]

Paycoin (XPY) is scam and 12.5 million coins instamined. Do not buy this shit https://bittrex.com/Market/Index?MarketName=BTC-XPY because you will lose your money like this https://bitcointalk.org/index.php?topic=845494.0

What paycoin is this?

[picolo]

Paycoin ( Xpy ) according to the coin is indeed a scam .
Because the coin was only expensive at the beginning and continued to decline until now . 

Most altcoins decline in price after one or two spike up in price, don't they?

[Akbarkoe]

whats paycoin is scam?
but i see the price on coin swap 0.005 btc

[cokkapaga]

whats paycoin is scam?
but i see the price on coin swap 0.005 btc

i dont know
why people say paycoin is scam
but im not sure. time to buy more.

[arallmuus]

whats paycoin is scam?
but i see the price on coin swap 0.005 btc

i dont know
why people say paycoin is scam
but im not sure. time to buy more.

its a scam because it has 12 M premine
with staking rate of crazy rate and compunding each day which only GAW controls
and they are not accepting their own coins
which is likely an indication of their own coins is a scam

[inBitweTrust]

i dont know
why people say paycoin is scam
but im not sure. time to buy more.

There are over 30 pages here providing evidence this is a scam ... here is 2 more links reinforcing the lies that Josh has fooled his victims with:

https://hashtalk.org/topic/1963
https://archive.today/qmHnD#selection-889.502-889.519

[inBitweTrust]

https://archive.today/CQln5

Over 57k "test coins" that were supposed to be destroyed have now moved into circulation:

https://hashtalk.org/topic/31542/coins-from-the-test-address-that-were-supposed-to-be-destroyed-are-now-in-circulation
https://chainz.cryptoid.info/xpy/address.dws?119166.htm
https://chainz.cryptoid.info/xpy/address.dws?P9HwdnKRZD5niS7ua9pSV4DnjKxRPHw73Y.htm

Inside information claims that GAW is running dry and forced to pay salaries from selling old miners(that were supposed to be used to pay cloud miners) and dumping more paycoins on the market.

[inBitweTrust]

More evidence of broken promises:

https://hashtalk.org/topic/31577/10-of-the-pre-mined-paycoin-put-on-loose/21
archive: https://archive.today/1IREt

[inBitweTrust]

Evidence that premined prime addresses are selling off XPY on exchanges slowly:

https://hashtalk.org/topic/31542/coins-from-the-test-address-that-were-supposed-to-be-destroyed-are-now-in-circulation/354

@rskagy2258 said:

    @kilix said:

        Anybody here checked those coins again if there are still there as the amount as we have seen it at the start? Thanks.

    Checked https://chainz.cryptoid.info/xpy/address.dws?196495.htm

    Guys, there are new SENT transactions from this wallet, and it seems they are going to these addresses... Does anyone know if this looks like the wallet of an exchange? It looks like it was sent to an address where a lot of other smaller wallets have also sent coins!

    https://chainz.cryptoid.info/xpy/tx.dws?295135.htm

    https://chainz.cryptoid.info/xpy/tx.dws?295147.htm

    I'm scared... Sent 87,604.374451 XPY in 2 transactions

    Thats only a fraction of the total but its still so many XPY. Where did they send it?

Yes, It's pretty obvious those are being (ultimately) sold on exchanges. Let's take the first one:

https://chainz.cryptoid.info/xpy/tx.dws?295135.htm

43,834.136119 XPY from the wallet that contains the test coins is merged with other coins into a 50k XPY address:

https://chainz.cryptoid.info/xpy/address.dws?PN3Gc5HMNLhWET7ZXn9MZRzZ9KMpZxZSoL.htm

This address sends the 50k (minus 1.13 transaction fee) to this address:

https://chainz.cryptoid.info/xpy/address.dws?PTEGCrMaU7hSoMGCRAccxhYVuBZrx5F4La.htm

This address then starts distributing the 50k in very small amounts, 5.66 XPY at first:

https://chainz.cryptoid.info/xpy/tx.dws?295181.htm

The change always goes to a new address:

https://chainz.cryptoid.info/xpy/address.dws?PRYocgeE9EfS1sCARRWX8brwv8MaebNqsV.htm

Here is where it gets interesting. The next address that receives 57.649 XPY is a known Cryptsy address:

https://chainz.cryptoid.info/xpy/tx.dws?295200.htm

So is the next one:

https://chainz.cryptoid.info/xpy/tx.dws?295207.htm

The one after that is not tagged:

https://chainz.cryptoid.info/xpy/tx.dws?295235.htm

But then, this:

https://chainz.cryptoid.info/xpy/tx.dws?295250.htm

BITTREX, huh?

Then, Paybase:

https://chainz.cryptoid.info/xpy/tx.dws?295258.htm

You can go on clicking through the chain, you will find that small portions of the initial 50k are being sent to different exchanges:

https://chainz.cryptoid.info/xpy/tx.dws?295774.htm (BITTREX)
https://chainz.cryptoid.info/xpy/tx.dws?296777.htm (Cryptsy)
https://chainz.cryptoid.info/xpy/tx.dws?297299.htm (Paybase)
https://chainz.cryptoid.info/xpy/tx.dws?297348.htm (Paybase)
https://chainz.cryptoid.info/xpy/tx.dws?297392.htm (BITTREX)
https://chainz.cryptoid.info/xpy/tx.dws?297404.htm (Cryptsy)

... and on, and on, and on ...

[inBitweTrust]

Evidence(or Inside rumor?) that Josh and his family already left the country for "vacation" without telling employees until a week after:

[Punggawa]

down down more.

coin swap 0.00466
crypsy 0.00450
bitrexx same with crypsy

need big jump to up again this coin.

[inBitweTrust]

Charlie Lee thinks paycoin is a scam -
https://www.youtube.com/watch?v=rKREzgzH1BY#t=339

[TheMage]

Evidence(or Inside rumor?) that Josh and his family already left the country for "vacation" without telling employees until a week after:

I highly doubt that was written by Josh.

Charlie Lee thinks paycoin is a scam -
https://www.youtube.com/watch?v=rKREzgzH1BY#t=339

I told Charlie months ago that it was lol

[bitcoin_bagholder]

Evidence(or Inside rumor?) that Josh and his family already left the country for "vacation" without telling employees until a week after:

Where was this originally posted?

[benthach]

when will walmart, target and amazon taking paycoin?  

[EvilDave]

Whats going on with XPY trading on the new CryptoRush ?
http://coinmarketcap.com/exchanges/cryptorush/

As I posted that, I noticed that the 'new, and really not a scam this time round' CryptoRush seems to have gone tits-up again.
Oh, well, business as usual in crypto.......