Topic: GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :) - page 186. (Read 3377790 times)

"Private Digital Currency Founder Jailed for 20 Years." Plus huge fine.

Are you implying a similar fate for Garza?

That would be sweet.

http://www.coindesk.com/liberty-reserve-founder-20-years/?utm_content=buffer74059&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

Yes, I found the operator for CC fishing for help on github on how to build such a feature. Its foretelling what he plans to try when previous sites he owned are called FRIENDSFORCASH.com and he was kicked out of securities trading by FINRA. He wants to be a cheaper version of Garza.
I don't know about ION and can't imagine they'll try that since the ION coin is suppose to be the game currency. Not the forums interaction.

Does that other actor happen to be crypto city? Leroy's new home.

Don't tell me the new ION centric forum is doing that.

Yes, it was crazy. Not only does it create a ramification of the community it continually had to be evaluated and redone.
The up arrow gave a HP to the persons account and the down would subtract it. You can imagine what happened if you were in alignment of the narratives. Eventually they had to turn off the downvote feature effecting HPs in your account. I think the last edit to it was someone could still give you an upvote (HP) but even if they downvoted you, it didn't effect your accounts HPs.

is that true? sounds crazy and totally something JG would do
how could you earn hashpoints? i remember there was the up arrow thing for likes


edit:
of course that low $ means nothing to anyone who makes any money at all. but gamification is a powerful tool regardless

Hey everyone that was part of the oddity that was HashTalk.
For those that were part of HT and experienced the Hashpoints system attached to the social interaction.
I'm curious at a sociological viewpoint how it influenced your posting and what you thought of the monetizing of your social interaction?

For those unaware or late to the Garza game on HT. JG made a system that rewarded participation. Instead of karma or likes, HP's would also be theoretically 0.01USD and would be later used for soon™ products/services. They created an incentive to be in HT and participate. They could also be subtracted by the users, negative marks would subtract HPs in your Zencloud account.

As we wait for more news about JG. I see another actor in this space planning something similar.

I would like to hear this communities thoughts on what happens when you monetize community interaction in this environment.

Even the Holy Spirit thinks Matlack is full of shit:

3:21 http://clearpointchurch.org/sermons/called-to-community/

If you dont mind me peering into my Crystal ball, here is the way I suspect this will play out.

FinTech/blockchain is the hot thing on Wall Street, it is far from developed and has daily debacles and crashes. So this will be the Narrative/Defence Uncle Stu and CF will roll out.

Their involvement in the GAWS debacle was and an exploratory probe into the the "FinTech" industry, since it is such a new and unproven financial tool/concept/service, the funds committed to GAWS not as an investment but rather R&D funding, Uncle Stu was simply the lead on the research/development and responsible for feasibility study, not GAWS management. Uncle Stu was merely a CF rep, turned unknowing victim. Uncle Stu had a lapse of judgement in not watching things closely enough and did not realize he/CF were involved in a scam due to the "new untested principals in Fintech" and due to the deception of the GAWS CEO did not learn of the scam until it was too late and the R&D funds had been depleted. But many start up Ventures fail for various reasons and GAWS is just a failed venture. He is sorry for not paying more attention to the project and CF will pay a six figure fine for his lapse in judgement and oversight.

Now as far as Joshykins is concerned, he will be thrown under the bus and all this will be on him. He was the fall guy from the start and will be the one that takes all the heat and punishment for his actions of this "brilliant deceptive scam" while Uncle Stu and CF will continue doing business as usual.

That is how the Wall Street Hokey pokey is danced!

Oh and one other thing to remember... all those SEC Lawyers, investigators and others there, usually only spend a few years at the SEC, doing their time and waiting on an offer from a Wall Street firm for the big $$$ I expect CF will be hiring a few in the next year, in order to save Uncle Stu from any serious problems.

Joshykins? Sux to be him... really it does!  

yes, chargebacks. 

thanks for the heads up. hilarious... left a comment

HUOBI is shilling for ION on Reddit:
https://www.reddit.com/r/Bitcoin/comments/4hxy67/bitcoin_in_the_videogame_industry_by_huobi/
Leave a comment what you think about it if you care.

^ Pretty sure you're talking about "chargebacks."  Or was that just Homero-spelling?

Paycoin Payback Gonna Be Sweet!

All those lies....all those victims.  Even those who "profited" (big) might be subject to clawbacks.
No one is safe who ever dealt with Garza. 

Prosecuting this right takes time....but as I've always said, it's gonna happen and when it does, it's gonna be B E A U tiful.

I remember when Homero said : Pls guuyz don't changeback. Chanrgebacks makes me sad. It will hit our Mill CAF #hashlet4life #GAWsome

Is this faggot Homero Ganza in jail yet ?

Where the hell is that like button............................  nvm   

True they can control the ingredients. The keyword you used here is "control" a coin should NOT be controlled.. It should be up to the market and players all having a degree of control based on their holdings. I.e. your risk is your control factor. Team ion risk nothing control everything. You have a platform controller, melded with the coin code. They will always accept code changes that benefit their platform and profit. The premine puts them ahead and they have not and i am willing to bet will not show transparency to prevent them making a bunch of master nodes etc.

It doesn't matter if they do anyway as their investors will just latch on and argue and say its for their running costs etc. But these people scream loud because they are "invested" ie have risk as they PAID to be in it. Team ION doesn't. They can basically pay themselves what they want control it how they want to their benefit and they have to and will say nothing. They know their investors will be the ones defending and arguing with people as they have the risk. Once the ecosystem milks down from team ion sales then the original investors will be left with scraps to sell.

To fulfill and make them money they have to drag more investors in that are willing to buy big. Take a look at any POS coin on the market... how many of them have large volumes? That is ions future at present. The investors aren't blind they see this in comments they are just ignorant and refuse to even give this possibility the benefit of the doubt.

If ion was a pure buy coin from the start that had no xpy trade in it would have faired less (well supposedly from their site and btw that isn't a hard fact as it shows nothing but X ion sold i mean i can make a html file that says that). Their hook line and sinker plan dragged more people in that had xpy. They call it helping those that lost out but at 8:1 and the 20,000 needed means 160k xpy needed. Most don't have that and they KNOW that people will buy more to load stakers or get a masternode. the xpy trade was just bait to bring in those that were wronged as customers... its basically preying on the disadvantaged.

If they were serious they would calculate the likely average holding of xpy bagholders and then try to formulate a way of making them competitive from the start with no additional cost. They haven't done this because they want to foster sales and money making.

time will tell as i said history is repeating.

I understand what you are saying, but re-using the platform that you already developed, still makes more sense than throwing it all away and start over.

Main reason that was plead for, is that they/team ion can now directly control the ingredients. Previously on xpy this was not the case as the actual coincode was maintained by another party.

This does not invalidate your other arguments, but should be added into the equation.

Here's an idea for you simdude: The plural form of idea is not idea's.