GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :) - page 1942.

inBitweTrust

hero member

Activity: 658

Merit: 501

Quote from: interstellar on December 29, 2014, 04:32:55 PM

Quote from: Paul Revere on December 29, 2014, 04:15:22 PM

Who would trust a casino that will not honor their own poker chips? The level of imbecility displayed by these GAW believers is truly startling.

You just gave me a great gaw-inspired business plan...

Start a new coin, let's call it betcoin. Premine the shit out of it. All 1 billion of the coins. Good start.

Next launch or buy an exchange. It's the exclusive exchange for exchanging betcoin. Carefully control price and volume.

Then launch online casino that only accepts betcoin. Give huge deals like 100%-300% betcoin bonus on deposit (you own the whole ecosystem so you can do whatever the hell you want). Make sure this is a killer casino with splashy graphics and market the shit out of it. Offer better deals than anyone.

People who want to play will have to go to the exchange to buy. People who want to cash out have to go through the exchange as well. And you are in control of it all. You can carefully control volume and price and throw deals at customers if there's too much cashing out going on...

Keep this going for a few years.. All this time you are slowly selling off your 1 billion betcoins for as much as possible. All the money you make from your casino is just a bonus. Once you sell off all your coins, you sell the casino off too and retire in a Tuscany Villa or maybe an island retreat somewhere in the Bahamas (or maybe both).

Tell me why this doesn't work!? Lol

Good idea but ...
Already done:

breakout coin

http://www.coindesk.com/stakes-high-star-backed-bitcoin-gambling-site-crowdsale-stumbles/

https://bitcointalksearch.org/topic/annbrk-breakout-coin-sale-june-13-2016-multicurrencies-smart-contracts-808648

interstellar

member

Activity: 112

Merit: 10

Quote from: Paul Revere on December 29, 2014, 04:15:22 PM

Who would trust a casino that will not honor their own poker chips? The level of imbecility displayed by these GAW believers is truly startling.

You just gave me a great gaw-inspired business plan...

Start a new coin, let's call it betcoin. Premine the shit out of it. All 1 billion of the coins. Good start.

Next launch or buy an exchange. It's the exclusive exchange for exchanging betcoin. Carefully control price and volume.

Then launch online casino that only accepts betcoin. Give huge deals like 100%-300% betcoin bonus on deposit (you own the whole ecosystem so you can do whatever the hell you want). Make sure this is a killer casino with splashy graphics and market the shit out of it. Offer better deals than anyone.

People who want to play will have to go to the exchange to buy. People who want to cash out have to go through the exchange as well. And you are in control of it all. You can carefully control volume and price and throw deals at customers if there's too much cashing out going on...

Keep this going for a few years.. All this time you are slowly selling off your 1 billion betcoins for as much as possible. All the money you make from your casino is just a bonus. Once you sell off all your coins, you sell the casino off too and retire in a Tuscany Villa or maybe an island retreat somewhere in the Bahamas (or maybe both).

Tell me why this doesn't work!? Lol

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

Quote from: ikeboy on December 29, 2014, 04:10:59 PM

I was looking up pos-pow transitions and this says that the first one was a few weeks ago? http://cryptocoinupdates.com/first-crypto-to-switch-from-proof-of-work-to-proof-of-stake/ Is that true? Does that mean that paycoin's transition really wasn't done many times before? Or is that article wrong?

The article is not wrong, but it's about a coin that was originally POW and decided to become POS. Apples and oranges. Paycoin was already cloned from a POW/POS coin and hardforks were entirely their own doing. Many altcoins are POW/POS, certainly not a new concept.

Why are you trying so hard to find a way to justify obvious lies? Better focus on actual fact checking. It's really easy to look up Peercoin and find that it was introduced in 2012.

WaffleMaster

hero member

Activity: 966

Merit: 546

Quote from: ikeboy on December 29, 2014, 03:44:16 PM

Quote from: favelle75 on December 29, 2014, 03:42:11 PM

Quote from: ?? on ??

Anyone have a fly swatter handy? There is this constant buzz, almost a whine around here which is really quite annoying.

I agree. The constant chatter of 15-year olds running around trying to archive things is slightly amusing, albeit tiresome. Oh well, I guess if they have the energy, LOL. Maybe they can pump the BTC price up to $320 again. Those were the glory days after all...

This just in from Josh: we're pushing xpy to the moon! It needs to be higher than bitcoin so people can accept it, so please get as much money as you can and buy paycoin to make that happen! xpy 330 all the way!

lol

What most people don't realize, is he was actually quoting Homero.

https://hashtalk.org/topic/26271/paybase-beta-is-near/1

inBitweTrust

hero member

Activity: 658

Merit: 501

Quote from: strangerdanger101 on December 29, 2014, 04:24:56 PM

So if Amazon were going to be accepting crypto via paybase wouldn't they themselves have mentioned something maybe even hype it a little like Microsoft did when they announced they would be accepted Bitcoin via Bitpay and why wouldn't they just do what Microsoft did and accept Bitcoin instead of going with an alt-coin. It just doesn't add up.

Yes, and amazon prefers controling their own coin:

http://www.amazon.com/gp/feature.html?docId=1001166401

This is why they have been slow to accept BTC directly too.

strangerdanger101

sr. member

Activity: 252

Merit: 250

So if Amazon were going to be accepting crypto via paybase wouldn't they themselves have mentioned something maybe even hype it a little like Microsoft did when they announced they would be accepted Bitcoin via Bitpay and why wouldn't they just do what Microsoft did and accept Bitcoin instead of going with an alt-coin. It just doesn't add up.

WaffleMaster

hero member

Activity: 966

Merit: 546

Quote from: Paul Revere on December 29, 2014, 04:15:22 PM

Who would trust a casino that will not honor their own poker chips? The level of imbecility displayed by these GAW believers is truly startling.

Great analogy.

truth_

newbie

Activity: 42

Merit: 0

Quote from: inBitweTrust on December 29, 2014, 04:12:51 PM

Quote from: truth_ on December 29, 2014, 04:01:59 PM

Once people realize this the next dump will be much more severe
https://hashtalk.org/topic/26394/i-ve-been-feeling-like-a-milked-btc-cow-for-a-while-now/23

"Josh has said you can't pay for things in XPY until Paybase API is launched.

As a programmer myself that sounds like the work is done to allow us to purchase in XPY but it ties into elements of Paybase so it can't be launched until Paybase is launched.

So no you won't be able to buy in XPY."

I think its likely that josh will come through as a hero late tonight, launch Paybase, and magically have more of those rare and elusive hashstakers that keep selling out available to XPY. Withdrawing BTC/spending XPY for 20 usd with amazon is highly dubious at this stage outside a small group of hand selected candidates.

Seriously.

Bingo.
Here is what will happen.
1) Paybase will launch tonight and the fanboys will cheer initially.
2) You will be able to buy paycoins for $20 with a credit card or BTC.
3) You will be able to use ONLY those paycoins you purchased for $20 on paybase to purchase using the amazon plug in. You will NOT be able to use "outside" coins at the $20 value.
4) Huge dump of paycoin will occur when people realize #3 is true.

inBitweTrust

hero member

Activity: 658

Merit: 501

Quote from: ikeboy on December 29, 2014, 04:10:59 PM

I was looking up pos-pow transitions and this says that the first one was a few weeks ago? http://cryptocoinupdates.com/first-crypto-to-switch-from-proof-of-work-to-proof-of-stake/ Is that true? Does that mean that paycoin's transition really wasn't done many times before? Or is that article wrong?

Bitshares went from PoW to DPoS
Ethereum was originally planed to do a IPO- PoW to TaPos but Vitalik settled upon PoW
There may have been one other small alt that made the transition but I forget the name.

interstellar

member

Activity: 112

Merit: 10

Quote from: inBitweTrust on December 29, 2014, 04:12:51 PM

Quote from: truth_ on December 29, 2014, 04:01:59 PM

Once people realize this the next dump will be much more severe
https://hashtalk.org/topic/26394/i-ve-been-feeling-like-a-milked-btc-cow-for-a-while-now/23

"Josh has said you can't pay for things in XPY until Paybase API is launched.

As a programmer myself that sounds like the work is done to allow us to purchase in XPY but it ties into elements of Paybase so it can't be launched until Paybase is launched.

So no you won't be able to buy in XPY."

I think its likely that josh will come through as a hero late tonight, launch Paybase, and magically have more of those rare and elusive hashstakers that keep selling out available to XPY. Withdrawing BTC/spending XPY for 20 usd with amazon is highly dubious at this stage outside a small group of hand selected candidates.

Seriously.

Does anyone actually know what a user (non premier) will actually be able to do on paybase day 1? Other then buy XPY for BTC for $20 and update your profile?

cryptodaknight

sr. member

Activity: 378

Merit: 250

Quote from: ikeboy on December 29, 2014, 04:10:59 PM

Quote from: favelle75 on December 29, 2014, 04:05:37 PM

Quote from: cryptodaknight on December 29, 2014, 03:49:35 PM

Quote from: ikeboy on December 29, 2014, 03:44:16 PM

Quote from: favelle75 on December 29, 2014, 03:42:11 PM

Quote from: ?? on ??

Anyone have a fly swatter handy? There is this constant buzz, almost a whine around here which is really quite annoying.

I agree. The constant chatter of 15-year olds running around trying to archive things is slightly amusing, albeit tiresome. Oh well, I guess if they have the energy, LOL. Maybe they can pump the BTC price up to $320 again. Those were the glory days after all...

This just in from Josh: we're pushing xpy to the moon! It needs to be higher than bitcoin so people can accept it, so please get as much money as you can and buy paycoin to make that happen! xpy 330 all the way!

lol

Ikeboy unbelievable just how very naive you are. I'm actually in shock literally at the level of understanding you have in cryptos. What you have invested in cryptos, surely won't be your in coming months. If your posting stuff like this and believe it, then I'm certain you'll be broke very soon.

Methinks your ability to detect sarcasm is somewhat lacking...

Well no one hung this up:

I was looking up pos-pow transitions and this says that the first one was a few weeks ago? http://cryptocoinupdates.com/first-crypto-to-switch-from-proof-of-work-to-proof-of-stake/ Is that true? Does that mean that paycoin's transition really wasn't done many times before? Or is that article wrong?

You make it sound like that is something Josh wouldn't say. Far from it, he's said such extreme things as having 100 million dollar to walmart and amazon support him, what you posted is not far from truth the way Josh stretches it.

Paul Revere

sr. member

Activity: 406

Merit: 260

The Scamcoats are coming!

Who would trust a casino that will not honor their own poker chips? The level of imbecility displayed by these GAW believers is truly startling.

inBitweTrust

hero member

Activity: 658

Merit: 501

Quote from: truth_ on December 29, 2014, 04:01:59 PM

Once people realize this the next dump will be much more severe
https://hashtalk.org/topic/26394/i-ve-been-feeling-like-a-milked-btc-cow-for-a-while-now/23

"Josh has said you can't pay for things in XPY until Paybase API is launched.

As a programmer myself that sounds like the work is done to allow us to purchase in XPY but it ties into elements of Paybase so it can't be launched until Paybase is launched.

So no you won't be able to buy in XPY."

I think its likely that josh will come through as a hero late tonight, launch Paybase, and magically have more of those rare and elusive hashstakers that keep selling out available to XPY. Withdrawing BTC/spending XPY for 20 usd with amazon is highly dubious at this stage outside a small group of hand selected candidates.

Seriously.

WaffleMaster

hero member

Activity: 966

Merit: 546

Ikeboy, you've agreed with me on everything I've said once I supply you with the proof I've already based my decisions on. Albeit you post about things which you don't completely research or understand, such as merchant's ToS, which I have read through and spotted what GAW is breaking with it's plugin it bought or copied off ZincSave, you do a good job of questioning certain things. You just rarely question them in the other direction.

EDIT: By the way, that article is wrong. Don't believe everything on the internet Grin

I've been with crypto for at least a year now. There have been uncountable PoW-PoS coins.

ikeboy

newbie

Activity: 56

Merit: 0

Quote from: favelle75 on December 29, 2014, 04:05:37 PM

Quote from: cryptodaknight on December 29, 2014, 03:49:35 PM

Quote from: ikeboy on December 29, 2014, 03:44:16 PM

Quote from: favelle75 on December 29, 2014, 03:42:11 PM

Quote from: ?? on ??

Anyone have a fly swatter handy? There is this constant buzz, almost a whine around here which is really quite annoying.

I agree. The constant chatter of 15-year olds running around trying to archive things is slightly amusing, albeit tiresome. Oh well, I guess if they have the energy, LOL. Maybe they can pump the BTC price up to $320 again. Those were the glory days after all...

This just in from Josh: we're pushing xpy to the moon! It needs to be higher than bitcoin so people can accept it, so please get as much money as you can and buy paycoin to make that happen! xpy 330 all the way!

lol

Ikeboy unbelievable just how very naive you are. I'm actually in shock literally at the level of understanding you have in cryptos. What you have invested in cryptos, surely won't be your in coming months. If your posting stuff like this and believe it, then I'm certain you'll be broke very soon.

Methinks your ability to detect sarcasm is somewhat lacking...

Well no one hung this up: http://www.tfw2005.com/boards/attachments/transformers-3rd-party-discussion/27430761d1397157199-mmc-feral-rex-mega-thread-ztib1qb.jpg

I was looking up pos-pow transitions and this says that the first one was a few weeks ago? http://cryptocoinupdates.com/first-crypto-to-switch-from-proof-of-work-to-proof-of-stake/ Is that true? Does that mean that paycoin's transition really wasn't done many times before? Or is that article wrong?

favelle75

hero member

Activity: 910

Merit: 501

Quote from: cryptodaknight on December 29, 2014, 03:49:35 PM

Quote from: ikeboy on December 29, 2014, 03:44:16 PM

Quote from: favelle75 on December 29, 2014, 03:42:11 PM

Quote from: ?? on ??

Anyone have a fly swatter handy? There is this constant buzz, almost a whine around here which is really quite annoying.

I agree. The constant chatter of 15-year olds running around trying to archive things is slightly amusing, albeit tiresome. Oh well, I guess if they have the energy, LOL. Maybe they can pump the BTC price up to $320 again. Those were the glory days after all...

This just in from Josh: we're pushing xpy to the moon! It needs to be higher than bitcoin so people can accept it, so please get as much money as you can and buy paycoin to make that happen! xpy 330 all the way!

lol

Ikeboy unbelievable just how very naive you are. I'm actually in shock literally at the level of understanding you have in cryptos. What you have invested in cryptos, surely won't be your in coming months. If your posting stuff like this and believe it, then I'm certain you'll be broke very soon.

Methinks your ability to detect sarcasm is somewhat lacking...

truth_

newbie

Activity: 42

Merit: 0

Once people realize this the next dump will be much more severe
https://hashtalk.org/topic/26394/i-ve-been-feeling-like-a-milked-btc-cow-for-a-while-now/23

"Josh has said you can't pay for things in XPY until Paybase API is launched.

As a programmer myself that sounds like the work is done to allow us to purchase in XPY but it ties into elements of Paybase so it can't be launched until Paybase is launched.

So no you won't be able to buy in XPY."

ikeboy

newbie

Activity: 56

Merit: 0

Quote from: interstellar on December 29, 2014, 03:48:33 PM

Quote from: ikeboy on December 29, 2014, 03:44:16 PM

Quote from: favelle75 on December 29, 2014, 03:42:11 PM

Quote from: ?? on ??

Anyone have a fly swatter handy? There is this constant buzz, almost a whine around here which is really quite annoying.

I agree. The constant chatter of 15-year olds running around trying to archive things is slightly amusing, albeit tiresome. Oh well, I guess if they have the energy, LOL. Maybe they can pump the BTC price up to $320 again. Those were the glory days after all...

This just in from Josh: we're pushing xpy to the moon! It needs to be higher than bitcoin so people can accept it, so please get as much money as you can and buy paycoin to make that happen! xpy 330 all the way!

lol

Lol man seems like u are coming over to the dark side a little bit my friend...

Uh-oh, better stop and send all my money back to josh!

The funny thing is that everyone thinks I'm not on their side (the exact opposite of optimal). I've been called a troll in ht for asking for msb numbers https://hashtalk.org/topic/24461/can-we-see-the-registration-as-msb, I've been yelled at on reddit for pointing out inaccuracies in a post https://www.reddit.com/r/CryptoCurrency/comments/2q8eyd/the_truth_about_paycoin/cn4avtm (to be fair I've been downvoted in reddit for much less, and you make back any karma on your upvoted posts), and I've been called a shill here. It seems that most people here aren't too interested in rational discussion (with several exceptions like suchmoon and inbitwetrust) and so if I post a well-reasoned rebuttal to a poorly researched claim then people only notice that I'm "on gaw's side". I wish everyone thought of themself as on the truth's side.

Quote from: cryptodaknight on December 29, 2014, 03:49:35 PM

Ikeboy unbelievable just how very naive you are. I'm actually in shock literally at the level of understanding you have in cryptos. What you have invested in cryptos, surely won't be your in coming months. If your posting stuff like this and believe it, then I'm certain you'll be broke very soon.

I'm not sure if you're being sarcastic here, but if you couldn't tell, I was. Josh obviously didn't say that.

cryptodaknight

sr. member

Activity: 378

Merit: 250

Quote from: ikeboy on December 29, 2014, 03:44:16 PM

Quote from: favelle75 on December 29, 2014, 03:42:11 PM

Quote from: ?? on ??

Anyone have a fly swatter handy? There is this constant buzz, almost a whine around here which is really quite annoying.

I agree. The constant chatter of 15-year olds running around trying to archive things is slightly amusing, albeit tiresome. Oh well, I guess if they have the energy, LOL. Maybe they can pump the BTC price up to $320 again. Those were the glory days after all...

This just in from Josh: we're pushing xpy to the moon! It needs to be higher than bitcoin so people can accept it, so please get as much money as you can and buy paycoin to make that happen! xpy 330 all the way!

lol

Ikeboy unbelievable just how very naive you are. I'm actually in shock literally at the level of understanding you have in cryptos. What you have invested in cryptos, surely won't be your in coming months. If your posting stuff like this and believe it, then I'm certain you'll be broke very soon.

interstellar

member

Activity: 112

Merit: 10

Quote from: ikeboy on December 29, 2014, 03:44:16 PM

Quote from: favelle75 on December 29, 2014, 03:42:11 PM

Quote from: ?? on ??

Anyone have a fly swatter handy? There is this constant buzz, almost a whine around here which is really quite annoying.

I agree. The constant chatter of 15-year olds running around trying to archive things is slightly amusing, albeit tiresome. Oh well, I guess if they have the energy, LOL. Maybe they can pump the BTC price up to $320 again. Those were the glory days after all...

This just in from Josh: we're pushing xpy to the moon! It needs to be higher than bitcoin so people can accept it, so please get as much money as you can and buy paycoin to make that happen! xpy 330 all the way!

lol

Lol man seems like u are coming over to the dark side a little bit my friend...

Topic: GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :) - page 1942. (Read 3377922 times)