Topic: [ANN] ION [ION] | POS 3.0 | Mobile Gaming | Join the ionomy today! - page 475. (Read 473126 times)

This ICO is almost over — ends May 16th. It's. The company claims to have sold 2,582,768 out of 5 million ICO coins. If it's true that they let some XPY holders buy in and accepted XPY, then that means 10000000/8 = 1,250,000 ION distributed to that crew. So that means 1,332,768 sold for between 20 cents and 23 cents. So they've sold under $300,000 or so. It looks like about 3.3 million XPY changed hands in the BIttrex market in April. It's not clear what that means yet. I'd have to take a closer look.

If I understand it right, the point of this thread is that there's a lot we don't know about ionomy.com and ION and there's no escrow or public BTC address, and if they're a registered company it's not clear what or where.

The company doesn't really seem that interested in giving information or answering questions that might make give people more reason to invest. It's a high risk investment for anyone who wants to take it. I don't really care if anyone invests in it or not. I hope they don't invest more than they can afford to lose. But that's on them.

The company doesn't give a lot of information, and I suppose that's their choice, too. They aren't promising a $20 floor. They aren't promising they won't abscond with the BTC on May 17th. They're not saying they're backed by Wall Street or that they have contracts with Amazon. They aren't even promising success. They're not saying their names, except somehow Adam Matlack is involved. What's his role, exactly?

Yet people seem to be giving them money. Why should anyone care? I mean one reason is to make sure others don't get scammed. But the comply is giving a a pretty soft pitch. With Paycoin/GAW, Garza's marketing was intense. He made tons of promises and most of them he knew, or should have known, he couldn't deliver. Marketing for ION and ionomy is pretty anemic. They don't even bother to respond to 26 pages of questions. Maybe Garza wouldn't either, but Garza was pretty heavy handed with manipulating his private forums. And he manipulated the mass media. Anyone remember the Wall Streeet Journal article about GAW? It actually made GAW look like it had some credibility. Why crickets from these ionomy people.

I know this is a separate topic, but what did you all think of Neucoin? Were the critics as vocal about Neucoin? I mean, what a scam. What a sad pump and dump. What a waste. I'm just curious about what seems like disproportionate emotional investment in criticizing this ION ICO. It took like 5 months for Neucoin to hit 26 pages of posts.

Anyhow, I'm not about to throw my BTC at ION but if it's a scam, it's a different flavor of scam than what Garza pulled. I'm all for more information, but is this ICO the biggest threat to the world? Meh

This project definitely has he stench of XPY with wiffs of Homero Garza.

Lol, sure, BigVern will post his

Please post the XPY address(es) that are holding the rest 5M XPY as well.
Thanks for your time!

I asked this and they stated that they hold the funds in "several" wallet solutions/addresses. Not the question I asked. I asked if they could post the BTC address that is holding the ICO funds and that is the answer I got. Yikes! Does no one purchasing these damn things think to request that address to ensure the coins aren't going straight to the "innovators" (ha!) pockets? For the answer they gave the could very well be using their own personal addresses to hold the funds. Speculation of course but with that type of answer it leads to open speculation like this.

Once again, could an ION team member or anyone who has spoken on behalf of the coin on this thread please post the BTC address(es) that are holding the ICO funds? Thanks for your time!

What is it useful for? What can I buy with these trinkets, or how else can I use them?

And you know that how exactly? How much has been collected so far? Care to share the BTC address?

Even they blamed XPY as worthless shit.

Paycoin foundation have been taking charge of XPY itself. including wallet update, implementing new features like Micro Prime. etc.  

If XPY is handicapped, I think, Paycoin Foundation and its members are responsible for it.

The team can desert their step child, however they should not blame.

If ION will not be as good as they expected, then they can desert again. I'm worried.

Yes, I see millions of xpy being dumped on the exchanges every day.

I've been customer of GAW, BTClends, XPY.IO since 2014.

Personally, the scheme that Josh Garza developed, staker, was very unclear and acted as scam tools.

Blockchain is open ledger and we don't have to believe certain entity. just check balance of blockchain.

However, stakers can be exist on DB without any real thing.

For example, GAW sold their hashing power without real miner.

Whoever run staker service can dump the coin at high price and repurchase coin at the bottom.

OR can launch another coin and let people swap their coin locked in staker to new coin.


I don't believe 10,000,000 XPY were actually swapped. They just stack portion of staker as bag for early dump.

This is why they have to burn the rest 5M XPY as soon as they can.

I like your questions, you missunderstand me. You should work on your facts. bitcoin was an ico before it became community project.

You said it correctly, they risk and we assume they know about this thread, if this is scam, only same people will be scammed, because every newbie would and should look over to build its own opinion, but if somebody has built an opinion to inest, you cant prevent this person to do it.

Back to point about being developer in cryptoworld, its not about satoshi, its about an option for a dev not to have such people like we are here active in their private life by asking questions that we ask, do you agree? You cant provide security, as long as you save 20 people, other altcon scamms scam 50 people. Discussion and questions that you ask do not only touch ganza, dont be naive to think he is the only scammer, there much more clever scammers outside that get away without anything. This is about closing altcoin category on bitcointalk and should be discussed there too, more usefull than here. Do you agree?

Is it not true that you paid to be a whale to be privy to inside information sooner than the rest, no?

It should have been obvious to you. He was selling $20 bills for $4. If you can't see that now, and admit and learn from it, you are stupid. the fact that you are willing to jump back into bed with the same people doing the same type of thing makes you either stupid or a scammer.

The gawsuit comes in from you asking about it somewhere in the last week, and also saying just now that you would be running from Mordica. Just to point out (to everyone else really, it seems you are beyond help) that you are either stupid or a scammer.

Especially with your comments about just gaining more BTC in the GAW thread, you will say anything to try and pump up anything you are invested with to get more bitcoins for yourself. That's fine for you, it's fine for me to point it out.

My mind is pretty made up, but that doesn't mean my questions are invalid or shouldn't be asked. If you are willing to give your money to the idiots/scammers of team xpy, that's good for you. It's not good for me, and I don't think it's good for anyone. If the idiot/scammers of team xpy and you are going to post bullshit (like you constantly mentioning this thread isn't monitored as a defense of their inability to come back and answer a very simple question they said they would answer here) I'm going to poke holes in it hoping that some other innocent person can stop themselves from being an idiot and losing their money.

People risk BTC on anonymous stuff all the time. This is not unusual.

Almost all altcoins are anonymous, unregulated, non-legal entities etc

Different projects for different risk appetites.

This is no doubt a risky investment. It's a new coin with an ambitious business model. Where even to start on the list of things that could go wrong?!

People putting their BTC into it will have done their homework and will be aware of the risk/reward ratio just by reading this thread.

Hence the value of reasonable discussion.

I'm not sure what you are trying to make out. The scam wasn't obvious to many, including me. I'd bet some employees at GAW that worked directly with Garza didn't know it was a scam at the start either.

I like to think I was a lot more "stupid" 18 months ago than I am now. Why do you think I am even here? I wasn't last year.

I am not giving the gawsuit guy (allen?) any money, in fact, not anything, so where does that come in to it? The gawsuit is independent of me, matlack, ION etc So where is it relevant?

Finally, I believe there is nothing that can be said that could change your view as your mind is already made up. That's fine, but don't get frustrated when others think differently, have different risk appetites or simply see things differently to you. This doesn't mean people who don't think like you are stupid, it just means they have their own thought processes.

You say this yet you were still asking questions about the gawsuit this week when it's been established that he is working with Allen "gawsuit" shinners.

This is why I'm calling you either stupid or a scammer. It's been a year and you don't appear to have accepted the reality of the situation. You keep writing the GAW losses as "i got scammed" when in reality is you fell for an obvious scam that you should have seen coming because you did not use any common sense. That is why you are either stupid or a scammer. If you really thought Garza would buy coins from you for 20 bucks you are stupid. If you didn't believe that and you acted the way you did last year you are a scammer.

Now we have a similar situation, you sit here acting like we are bullying innocent people when we are just asking the logical questions that should be asked of these specific people because of the way they have acted in the past.

You say you would run from Mordica, did you not know he was working with the Gawsuit guy? If you didn't, you are stupid, if you did and acted the way you did the last week you are a scammer. I don't particularly care which one, because neither is to be trusted.

The GAW/Paycoin saga was such a big, obvious fuckup that no one involved as deeply as Matalack, team xpy, you, or any other team should have anything to do with any sort of cryptocurrency without them fully accounting for their role in the saga and explaining AND showing how this isn't going to happen again.

There is no escrow and this process is half way through already.

Do you feel lucky?

Difference is ionomy are taking btc funds and xpy in exchange for ion. People are risking money on anonymous stuff.

Satoshi promised and sold nothing. Satoshi created an open source product he distributed at no cost people were free to use how they wanted. Bit of a difference here. In short Satoshi didn't take fiat or anything in exchange for btc.

Without a doubt, we need to know who Ionomy is - so at least we know who (or in what capacity) the questions here are being answered.

I completely agree with you here.

We need the escrow to support.