Topic: [ANN][PYC] Paycoin - Going to be hard forked soon! - page 2. (Read 90817 times)

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...

i cant acces the site...?

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...

no problem thanks.But why do they still only let you withdraw 0.2 at a time they like their fee or what

so is this the paycoin that is with paybase or is that the gaw paycoin

There are 2 paycoins. The one from Gaw is XPY, this one is PYC (the old, original paycoin). Even if they have the same name, they are 2 totally different coins and you can't transfer PYC to Zen's XPY wallet. Sorry man...
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so is this the paycoin that is with paybase or is that the gaw paycoin

There are 2 paycoins. The one from Gaw is XPY, this one is PYC (the old, original paycoin). Even if they have the same name, they are 2 totally different coins and you can't transfer PYC to Zen's XPY wallet. Sorry man...

haveing trouble with withdrawals of paycoin from comkort exchange i did four withdrawals to zenportal about two hours ago and has not been seen on my portal site.Anyone else haveing trouble like this with paycoin there btc works fine

xpy is a stakes coin, no?  (

The real PayCoin is a POW/POS.

A smart business man would have bought as many PYC as he could land then declared all XPY profits will be dividends to PYC.  

Then XPY is the stable 'nubit' and PYC the funding mechanism. 

Win Win.  No problems.  Funny thing is that it is easy to still do.

i think there's some confusion in the wording. prior art is indeed used for patents. For trademark applications, it asks for "first use" in the industry/related, etc. First use is different than prior art.
Garza and company lied about prior use in their TM application, and thus I believe may be grounds for disqualifying their TM application.
by the way, he keeps saying it's trademarked but it is not (they simply submitted an application)

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...

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...