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Topic: [ANN][PYC] Paycoin - Going to be hard forked soon! (Read 90776 times)

jr. member
Activity: 198
Merit: 1
This is the best archive read of all time. You got greed, desperation, selling out. all in one thread lol
jr. member
Activity: 198
Merit: 1
Bump.
hero member
Activity: 1498
Merit: 506
Is there a new thread for Paycoin and an active community? Someone who manages the existing Paycoin portfolio please get in touch.

A new Paycoin discussion thread about a takeover and development has been started here

https://bitcointalksearch.org/topic/paycoin-xpy-future-development-foundation-roadmap-community-1581244
full member
Activity: 170
Merit: 101
No connections  Sad
Please, give some addnode= or your getpeerinfo. Thx  Smiley
member
Activity: 98
Merit: 10
#BITCOIN4LIFE
Vlad you are a piece of shit you scumbag.


Here is what it took to buy the original paycoin people out:

Owsley,


Since I do not know where this document came from, and I have only been dealing with you. Please respond with your full name stating you are in agreement. I have copied the document bellow.


/DRAFTED BY THE ORIGINAL PAYCOIN DEVELOPERS.
December 24, 2014
AGREEMENT OF SETTLEMENT
THIS AGREEMENT made and entered into this 24th day of December, 2014, by and
between #originalpaycoin developers and Josh Garza(CEO GAW miners)
In reference to version of bitcoin: Paycoin – Symbol PYC
In consideration of the mutual promises agreed upon, the parties hereto agree as follows:
Article I. UPON PAYMENT OF THE AMOUNT OF 25% of 5150 XPY (1287.5 XPY)
THE ORIGINAL PAYCOIN PROJECT DEVELOPERS WILL CEASE ALL DEVELOPMENT ON
THE ORIGINAL VERSION OF PAYCOIN(PYC) AND FOCUS INSTEAD ON SUPPORTING
ONGOING DEVELOPMENT OF THE NEW PAYCOIN (XPY); OUR COMMUNITY WILL
STRIVE TO SUPPORT THE NEW PAYCOIN (XPY) VIA INDEPENDENT FREELANCE
PROMOTION, SHARING ONGOING TECHNICAL INSIGHTS and SOFTWARE BUG
REPORTING.
Section 1.01 AGREEMENT OF PAYMENT SCHEDULE
(a) 5150 XPY will be divided over 4 months as follows = 1287.5 x (4 months)
(i) 1287.5 XYP on 12/24/2014 23:59:59 EST
(i) 1287.5 XPY on 1/24/2015 23:59:59 EST
(ii) 1287.5 XPY on 2/24/2015 23:59:59 EST
(ii) 1287.5 XPY on 3/24/2015 23:59:59 EST/DRAFTED BY THE ORIGINAL PAYCOIN DEVELOPERS.
December 24, 2014
Section 1.02 IF PAYMENT SCHEDULE IS NOT COMPLETED THIS AGREEMENT IS NULL
AND VOID
(a) SECURITY INTEREST IN PAYCOIN (PYC) IS RESERVED UNTIL THE PAYMENT SCHEDULE IS
COMPLETED ON OR AROUND 3/24/2015
(b) IN THE EVENT OF DEFAULT UNDER THIS AGREEMENT BY JOSH GARZA, DEVELOPMENT
OF THE ORIGINAL PAYCOIN (PYC) MAY CONTINUE AND THE ORIGINAL PAYCOIN
DEVELOPERS WILL NOT BE BOUND BY THIS AGREEMENT.
Section 1.03 MANNER OF PAYMENT
(a) THE DOWNPAYMENT AND BALANCE WILL BE MADE AS FOLLOWS
(i) Exchange Name: Bittrex
(ii) XPY ADDRESS : PNubeGQTMcDCUqj3AQ25jdMd7sD68CiHzv
Section 1.04 MISCELLANEOUS
(a) THIS AGREEMENT REPRESENTS THE ENTIRE UNDERSTANDING OF ALL THE PARTIES
HERETO, SUPERSEDES ANY AND ALL OTHER PRIOR AGREEMENTS BETWEEN THE PARTIES
AND DECLARES ALL SUCH PRIOR AGREEMENTS BETWEEN THE PARTIES NULL AND VOID.
(b) THE TERMS OF THIS AGREEMENT MAY NOT BE MODIFIED OR AMENDED, EXCEPT IN
WRITING
(c) THIS AGREEMENT AND ALL MATTERS RELATING TO IT SHALL BE GOVERNED BY THE
LAWS OF THE UNITED STATES.



fyi Josh never made it beyond the first payment! Smiley $PYC is the real "paycoin" ....*stay tuned*
sr. member
Activity: 308
Merit: 250
CEO FlawMiners TM®
Vlad you are a piece of shit you scumbag.


Here is what it took to buy the original paycoin people out:

Owsley,


Since I do not know where this document came from, and I have only been dealing with you. Please respond with your full name stating you are in agreement. I have copied the document bellow.


/\DRAFTED BY THE ORIGINAL PAYCOIN DEVELOPERS.
December 24, 2014
AGREEMENT OF SETTLEMENT
THIS AGREEMENT made and entered into this 24th day of December, 2014, by and
between #originalpaycoin developers and Josh Garza(CEO GAW miners)
In reference to version of bitcoin: Paycoin – Symbol PYC
In consideration of the mutual promises agreed upon, the parties hereto agree as follows:
Article I. UPON PAYMENT OF THE AMOUNT OF 25% of 5150 XPY (1287.5 XPY)
THE ORIGINAL PAYCOIN PROJECT DEVELOPERS WILL CEASE ALL DEVELOPMENT ON
THE ORIGINAL VERSION OF PAYCOIN(PYC) AND FOCUS INSTEAD ON SUPPORTING
ONGOING DEVELOPMENT OF THE NEW PAYCOIN (XPY); OUR COMMUNITY WILL
STRIVE TO SUPPORT THE NEW PAYCOIN (XPY) VIA INDEPENDENT FREELANCE
PROMOTION, SHARING ONGOING TECHNICAL INSIGHTS and SOFTWARE BUG
REPORTING.
Section 1.01 AGREEMENT OF PAYMENT SCHEDULE
(a) 5150 XPY will be divided over 4 months as follows = 1287.5 x (4 months)
(i) 1287.5 XYP on 12/24/2014 23:59:59 EST
(i) 1287.5 XPY on 1/24/2015 23:59:59 EST
(ii) 1287.5 XPY on 2/24/2015 23:59:59 EST
(ii) 1287.5 XPY on 3/24/2015 23:59:59 EST/\DRAFTED BY THE ORIGINAL PAYCOIN DEVELOPERS.
December 24, 2014
Section 1.02 IF PAYMENT SCHEDULE IS NOT COMPLETED THIS AGREEMENT IS NULL
AND VOID
(a) SECURITY INTEREST IN PAYCOIN (PYC) IS RESERVED UNTIL THE PAYMENT SCHEDULE IS
COMPLETED ON OR AROUND 3/24/2015
(b) IN THE EVENT OF DEFAULT UNDER THIS AGREEMENT BY JOSH GARZA, DEVELOPMENT
OF THE ORIGINAL PAYCOIN (PYC) MAY CONTINUE AND THE ORIGINAL PAYCOIN
DEVELOPERS WILL NOT BE BOUND BY THIS AGREEMENT.
Section 1.03 MANNER OF PAYMENT
(a) THE DOWNPAYMENT AND BALANCE WILL BE MADE AS FOLLOWS
(i) Exchange Name: Bittrex
(ii) XPY ADDRESS : PNubeGQTMcDCUqj3AQ25jdMd7sD68CiHzv
Section 1.04 MISCELLANEOUS
(a) THIS AGREEMENT REPRESENTS THE ENTIRE UNDERSTANDING OF ALL THE PARTIES
HERETO, SUPERSEDES ANY AND ALL OTHER PRIOR AGREEMENTS BETWEEN THE PARTIES
AND DECLARES ALL SUCH PRIOR AGREEMENTS BETWEEN THE PARTIES NULL AND VOID.
(b) THE TERMS OF THIS AGREEMENT MAY NOT BE MODIFIED OR AMENDED, EXCEPT IN
WRITING
(c) THIS AGREEMENT AND ALL MATTERS RELATING TO IT SHALL BE GOVERNED BY THE
LAWS OF THE UNITED STATES.

legendary
Activity: 1470
Merit: 1010
Join The Blockchain Revolution In Logistics
PYC is not scam
scam is XPY <<< see they even stole our name

From now on you must pay 1 XPY if you post scam-xpy-garza-coin stuff here!

We will then sell it immediately and buy the real paycoin with it (general fix-it fund).
sr. member
Activity: 242
Merit: 250
Diamond good coin
I wonder how long people will believe in this scam.
However sheep sheared every year and they once again become overgrown with hair.  Grin
If a person has a brain he would never buy a coin to have tagged ** or * on the site http://coinmarketcap.com/

This golden words Wink
legendary
Activity: 896
Merit: 1001
Is this coin dead, or what's the status?

ITS A

SCAM

What did you expect?  They had Carsen Klock working for them.  Scammers stick together. 

https://www.linkedin.com/in/carsenk

Experience
Frontend Web Developer
GAW Miners
November 2014 – March 2015 (5 months)


sr. member
Activity: 294
Merit: 250


gawceo vs BFL Labs  Grin

1LN3DgFutZDzUnovVKFvTBeFYvHcwWVE9k
sr. member
Activity: 242
Merit: 250
Diamond good coin
how do I get my first coin ever sent to this address PPWYD1qcnMqTyqpzCgqiowM6farRH52s3Y I want to get started in the trading but I cant seem to get started anything helps just need 1 coin to get started please share and send me 1 coin I know they don't cost much and would Pray for a start
PPWYD1qcnMqTyqpzCgqiowM6farRH52s3Y

Soon the price will fall to one cent and then you will have a whole bag of garbage paycoin.  Cheesy
But where you can find hamsters who will buy it?  Roll Eyes
newbie
Activity: 8
Merit: 0
how do I get my first coin ever sent to this address PPWYD1qcnMqTyqpzCgqiowM6farRH52s3Y I want to get started in the trading but I cant seem to get started anything helps just need 1 coin to get started please share and send me 1 coin I know they don't cost much and would Pray for a start
PPWYD1qcnMqTyqpzCgqiowM6farRH52s3Y
newbie
Activity: 50
Merit: 0
I wonder how long people will believe in this scam.
However sheep sheared every year and they once again become overgrown with hair.  Grin
If a person has a brain he would never buy a coin to have tagged ** or * on the site http://coinmarketcap.com/
member
Activity: 117
Merit: 10
Rimbit Co Ltd, the company behind Rimbit, is running a successful crowdfunding campaign ($130,020 raised) at Indiegogo: https://www.indiegogo.com/projects/next-evolution-in-digital-currency. They are currently offering a buyout opportunity to holders of dead/dying coins.

Because you believe in the crypto currency idea, you – at some stage – had faith in Paycoin. They hope that by exchanging your dead coin for Rimbit, your faith will also move over to Rimbit. Users are the most valuable asset to any crypto currency and its community, and it would be a shame if you were to lose interest in the crypto currency idea because of a poorly developed coin, when there are viable alternatives like Rimbit.

You should get in touch with them by posting at their forum: http://rimbitforum.com/forum/47-altcoin-buyout/
member
Activity: 98
Merit: 10
#BITCOIN4LIFE

Josh Garza emailed me back and I am trying my best to discuss options.

Sadly, we lost the little leverage I thought we had.  

I received a letter from the US trademark office denying my protest for Garza's PayCoin trademark stating that "first use" or "prior art" does not apply to trademarks.

So it appears Garza was right when he said the trademark was gonna be his.  Well, he said it was already his.  lol

At any rate, I also spoke with an expert at the trademark office as well and she told me exactly the same thing.

Prior art applies ONLY to patents, NOT trademarks so we have no case as far as the trademark office system is concerned.


At this point we can only hope for some goodwill from Mr. Garza.

Don't dump your coins out of desperation - if I cannot work out a buyout deal then we will relaunch and I will put together a dev team to relaunch a better coin, with more features and less dilution so everyone should be able to come out ahead, holding a Better coins worth more than what they had prior to Garza launching XPY, with the exception of the coin name, of course, which did nothing for the coin until Garza took his public.

If we don't have a case then anything devs do on this coin to fight Garza could result in a lawsuit when Garxa actually gets the trademark.  I would rather solve this the easy way if possible.  

I hit Garza hard and fast initially, and frankly, I was an asshole cause I thought we had a clear cut case of prior art.  

If anyone wants to file another protest with the trademark office to verify that what I am saying is true then please feel free to do so - it only takes about 10 minutes and you'll get a denial letter in a week.

Mr garza is speaking to me so that's a good sign.  I am hopeful something will be worked out, at least help the PYC community with developing and relaunching a revised [and improved] PYC replacement.

Best regards...


Where is the dev for pyc paycoin? I didnt know that a person owned any of the crypto coins completely, so I don't know how one person can go and get a trademark for the name of a cryptocoin when they do not own it. even devs may be replaceable, and once they release the coin to the rest of the world, they don't really seem to own it anymore. I don't know if the guy can get a trademark for that. maybe if he was king or ruler or president, but not a common man owning the trademark to a currency name. (does anyone have the trademark to the word 'bitcoin' ? ). and if there was these kinds of issues right from the beginning bitcoin would have been doomed


By the way, has anyone thought about starting a new thread, and make it self-moderated, and don't allow any discussion of this copycat paycoin into the new thread(but maybe start a separate thread for that specific purpose, that way keeping the main thread clean). Also, the title of this thread is about a hard fork coming soon, not the best advertising for a coin, so why not start a new main thread and lock this one?

\\~basically we have a deal worked out with Josh Garza since he swiftly lifted the name "paycoin" without properly checking out with us he agreed to pay(lol) a certain amount of the new paycoins equating to about 100BTC ..problem is he only delivered 25% of said amount, and his coin has been dropping in price...so now it's back to the drawing board for team pyc,,,meh Undecided  zzz
legendary
Activity: 1918
Merit: 1001
PYC is not scam
scam is XPY <<< see they even stole our name

So you are saying this is not you?
http://www.paycoin.com/
I did not know there were "two" paycoins! lol
newbie
Activity: 53
Merit: 0
ok im a little lost went to solo mine paycoin

"message": "Paycoin is currently on a pure POS state"

is all i get from minerd

ok im a little lost went to solo mine paycoin

"message": "Paycoin is currently on a pure POS state"

* About to connect() to 192.168.1.10 port 9289 (#0)
*   Trying 192.168.1.10...
* TCP_NODELAY set
* connected
* Connected to 192.168.1.10 (192.168.1.10) port 9289 (#0)
* Server auth using Basic with user 'blackross'
> POST / HTTP/1.1
Authorization: Basic YmxhY2tyb3NzLXBheTpibG93bWU=
Host: 192.168.1.10:9289
Accept-Encoding: deflate, gzip
Content-Type: application/json
Content-Length: 126
User-Agent: cpuminer/2.4.1
X-Mining-Extensions: midstate

* The requested URL returned error: 403
* Closing connection #0
[2015-03-08 03:11:09] HTTP request failed: The requested URL returned error: 403
[2015-03-08 03:11:09] json_rpc_call failed, retry after 30 seconds
legendary
Activity: 1470
Merit: 1010
Join The Blockchain Revolution In Logistics
PYC is not scam
scam is XPY <<< see they even stole our name
legendary
Activity: 1918
Merit: 1001
Is this coin dead, or what's the status?

ITS A

SCAM
member
Activity: 117
Merit: 10
Is this coin dead, or what's the status?
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