Ahh forget that bullshit, notice how all the people posting that dribble are people you have never seen or heard of before ? Dare say most of them are fake. Not to mention If you are not 1000% sucking off Josh and thinking he is wonderful you are instantly set upon with abuse, also if you are 3 days old and want to ask questions good luck a banning is waiting with abuse from an admin (bitjane) Not with facts like this thread, this thread deals in facts and not semantics - which is all the dumb shits over there have. They cant see the scam so what weight do any of their opinions hold ? none. They even ddoss sites that they dont like. Real mature guys. That is why you lost the BEST people at GAW with Joe and Eric leaving josh to fall with his schemes/scams.
Just stick to pointing out the facts and any gaw person whos comes in here spouting how great paycoin is and we are all idiots - yes they will get the brute force of the thread. Hypocrites the lot of em.
Want to debate fine, bring facts. Just dont do what the other dicks have done, came in ere and jizzed all over the place and left without saying anything.
To be fair Colonel32 is a well-known dribble poster. He/she runs
http://www.badbitcoin.org/ which pretends to be some sort of a scam-busting site. There was some insight into that persons mindset earlier in this thread, I'll just quite this bit about Ponzi from the website:
What is a Ponzi or HYIP?
A Ponzi is any scheme which pays interest to "Investors" from Bitcoin coming in from new Investors. A HYIP (high yield investment program) is just a Ponzi. All Ponzi/Hyips will fail The later Investors will lose everything when the scheme folds and leaves with the Bitcoin. Most just steal it immediately - Due diligence is your own responsibility.
There are plenty of good sites out there where your Bitcoin and your work are safe. You just need to do your homework, including checking here. If it isn't in our Badlist, email us, and we'll check it and get back to you.
Do YOU Run a Ponzi ? - Fair Warning is enough. Why not just state it on your frontpage. THIS IS A PONZI and you may lose your investment, in great big bold letters. In our experience, enough people are still willing to risk it, but they can't say they weren't warned, and you will have saved us from petty distractions.
Ahh good pick up thanks. I didnt see that, sometimes I barely even remember what I post - but it must have been important at the moment when I posted it. I just never noticed that nick
It's fairly obvious what Josh™ is planning here. This is a major CYA for Josh for what is about to come. Namely a bankruptcy which will wipe out all liability for the honor program. At least I think this is his backup plan for now.
Going forward he wants to see how many paycoins he can lock into this honor program, removing sell pressure so they can continue to sell to more sheeple at a propped up price. He refuses to answer questions on priority of payout, and constantly tries to reassure that 100,000 is the minimum but that doesn't mean it wont be higher! *wink wink*, won't give information on bonding the program to assure payout, there will be zero transparency of how many coins are in escrow, who got paid etc, and they will flood the shit out of the escrow with their own coins that cost them ZERO to acquire. The payouts will be ABSURDLY low for all the sheeple that put their coins into it, the lawsuits will start flying around, and that's when he executes the backup plan.
My 2 cents
Nah its a good point, its what Josh will do
Did you know Donald Trump went bankrupt 4 times
Want to know how he did it without losing a single personal asset ?
Donald Trump NEVER EVER filed for bankruptcy as an individual - he made his companies bankrupt - which then were eligible for a bail out. I know Josh and crypto are different - but he has a personal bitcoin farm paid for by lies and false promises. I dare say josh is looking to cut and run now. Joe is probably working in the private farm since he listed entrepreneur as his new job.
Guess Josh thinks he can pull off the same shit.
Eric gone confirmed on HT
For family reason huh? BULLSHIT! He scrubbed his Linkedin page of everything GAW, PayCoin, Paybase.
To be fair, he went back into the military as a air plane technician. And from what it looks like, working on those jet fighters was what brought him back to his old job - hell I wouldn't give that up. I doubt very much it was family reasons. Also his IT certificates where gained (well done) in the last year or 2. So unless he saw the monumental task that is ...IT, he shat himself. Most people do not go directly to ITO when they have NO IT experience, never built, designed any IT infrastructure. Burn out ? - probably, but that was less than 1 year in that role. But he did have to deal with Josh, as a military person who takes orders, imagine him answering to someone as clueless as Josh ? That is the self entitled army way - civies are below you and why would you take orders off someone who isn't a full 6 pack upstairs.
Pride.