GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :) - page 2124.

scar45

newbie

Activity: 3

Merit: 0

Quote from: maildir on December 16, 2014, 03:10:58 PM

Someone remind me why you cannot set up shop and sell BTC or LTC or DOGE direct to the public with credit card payments?

Isn't there someone about money handling / transfer licenses and verification of customers in the US?

So has Homero set up a shopify shop, taken credit card payments and sent the people his paycoins? No license no verification nothing.

Is this legal?

I can't speak about the legality of it, but I did discover that when going to httpS://paycoin.com, it is using a certificate that is for *.myshopify.com:

Quote

This server could not prove that it is www.paycoin.com; its security certificate is from *.myshopify.com.

...so you may be onto something about him using Shopify to sell Paycoins, and that kinda sounds shady to me. Think I might just visit a reseller and pay $69.99/XPY for piece of mind. xD trololol!

alienesb

hero member

Activity: 868

Merit: 1000

Quote from: suchmoon on December 16, 2014, 04:11:38 PM

https://paybase.com/faq

Looks like they have invented a time machine, or just forgot to edit the screenshot - still shows February dates.

https://paybase.com/img/welcome-step-3.png

Other highlights:

Quote

PaySave currently supports Walmart, Macy's, and Target

(even though the screenshot shows something that looks very similar to Amazon's checkout page)

Quote

We fulfill your order from the lowest cost vendor or retailer. This means that if you place an order using the PaySave button on Macy's, it may come in a box from Walmart, or vice versa

Quote

Some manufacturers' warranties, such as Canon's, require that the item be purchased from an authorized reseller. In these cases, the warranty will not be valid if purchased through PaySave.

So we are shopping at ~~Amazon~~, Walmart, Macy's, Target, but not really, and might even be getting products without warranty. Brilliant plan.

And where do we return the product if there is a problem? About the warranty, this is what you get from places like B&N or even BJ's because they bought it from overseas without a US warranty. Again, what's the recourse if something goes wrong? This is fraught with danger.

puwaha

sr. member

Activity: 700

Merit: 294

Quote from: jimmothy on December 16, 2014, 03:27:05 PM

Quote from: puwaha on December 16, 2014, 02:55:54 PM

Quote from: jimmothy on December 16, 2014, 02:37:53 PM

Quote from: puwaha on December 16, 2014, 02:25:37 PM

Quote from: jimmothy on December 16, 2014, 02:14:48 PM

This is the part I think most believers fail to understand/acknowledge.

As of now you would need to dump 1.7m paycoins (14% the total coin supply) to eat through GAW's buy wall of ~$34 million.

In 5 years there will be 12.8 billion paycoins so dumping 1.4m paycoins would only be ~0.015% of the total coin supply. To dump 14% of the total coin supply (1.8b) at $20/coin would require a $35 billion buy wall.

Why does everyone here think the automatic thing is to dump? Isn't the whole "high-brow" point of BTC centered on building an ecosystem around it's use and adoption? So that a BTC is a BTC, and not just what it's value is today in USD?

You don't have a choice.

If you don't dump, your money is worth 1/1,000,000th it's original value every 10 years. (unless you perpetually fork over money for hashstakers)

Get rich quick schemes are a zero sum game. Everyone cannot win.

I'm sensing some irony here from you posting this on a bitcoin forum.

The difference is that BTC is a freely traded asset. Supply/demand have determined the value of Bitcoin. The CEO alone has determined the value of paycoin.

No, the CEO has determined the *initial* value of paycoin, and what he will value it via paybase. What the markets do and what people want to buy/sell/trade at is their business, and it will stabilize at some point after the initial panic sells and the dust clears.

What makes you think that XPY won't be a freely traded asset, btw?

Quote

Here's an example of what will happen:

Step 1: Investor spends $2.5m to acquire 125,000 paycoins to buy a prime node.

Step 2: After 2 years at 400% apr the investor now has 2,000,000 paycoins

Step 3: Investor thinks that turning $2.5m in to $40m is good enough. dumps $35m worth of paycoins. Scheme collapses.

The problem with this scheme is that the only real value is the promise of profit. Without the "guaranteed" price of $20/coin everything collapses.

There's a problem with your math. You cannot get a prime controller without the ability to stake 1% of all available coins. There will be no new prime controllers or changing of hands for at least the next 6 months. Depending on how many coins shake out of the POS tree, the prime controller owner is going to have to restake a good chunk of their newly minted coins in order to keep the controller. They can cash out some of the profit coins, but they can't ever call it quits. They either have to sell the controller, or let it expire and then try to cash out coins, tanking their profits with a sell wall.

There have to be buyers for your 2 million coins in your scenario. If it's all a scam and fraud... who is going to buy them?

vabchgent

sr. member

Activity: 840

Merit: 251

Quote from: Paul Revere on December 16, 2014, 04:11:42 PM

Hmmm, seems to be getting a little better now. I guess there is some heavy fuel coming down the lines today. Is 6,296 XPY a decent yield Huh

?

Let's see, if an S1 and a stock clock S3 are going to yield $50,000 by tomorrow morning maybe I should point my whole collection of heaters there and I will be able to buy a small island by Friday....

I had a S1 pointed there Made about 1 XPY a day.

Paul Revere

sr. member

Activity: 406

Merit: 260

The Scamcoats are coming!

Hmmm, seems to be getting a little better now. I guess there is some heavy fuel coming down the lines today. Is 6,296 XPY a decent yield Huh

?

Let's see, if an S1 and a stock clock S3 are going to yield $50,000 by tomorrow morning maybe I should point my whole collection of heaters there and I will be able to buy a small island by Friday....

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

https://paybase.com/faq

Looks like they have invented a time machine, or just forgot to edit the screenshot - still shows February dates.

https://paybase.com/img/welcome-step-3.png

Other highlights:

Quote

PaySave currently supports Walmart, Macy's, and Target

(even though the screenshot shows something that looks very similar to Amazon's checkout page)

Quote

We fulfill your order from the lowest cost vendor or retailer. This means that if you place an order using the PaySave button on Macy's, it may come in a box from Walmart, or vice versa

Quote

Some manufacturers' warranties, such as Canon's, require that the item be purchased from an authorized reseller. In these cases, the warranty will not be valid if purchased through PaySave.

So we are shopping at ~~Amazon~~, Walmart, Macy's, Target, but not really, and might even be getting products without warranty. Brilliant plan.

puwaha

sr. member

Activity: 700

Merit: 294

Quote from: anti_gaw_DONKEY_KONG_DK on December 16, 2014, 03:07:51 PM

why will so many dump? simple people are fed up you want a debate?

I didn't see your straw poll numbers in this thread. Can you link me to your scientific data?

Quote

wtf is there to debate your a idiot if you cant see homeros deception

I see now. So, I'm the "idiot" when you do nothing but type nonsense, and insults. Did you add the entire dictionary to your spell-check exemption list?

Quote

why debate when you can scroll back pages

Seriously? I doubt many people have that much time. Your opinion is that you are arguing from fact... when...

Quote

weve debunked enough shit as is

You've done no such thing. You've typed a bunch of opinions and factual fallacies. You don't want debate, you want back-slapper, hyuck-hyuck, yes men to ogle at your mental prowess. And it's simply because you've got it all figured out.

Paul Revere

sr. member

Activity: 406

Merit: 260

The Scamcoats are coming!

Alright, I was eating lunch and decided I just had to see for myself what the return rate of mining XPY really is. I directed an S1 and an S3 @ Multicoin pool and here is what I saw when I looked at the pool stats:

Looks like I will be raking in about 1,181 XPY by this time tomorrow! Either that or there is some reporting error.....Hmmm Roll Eyes

Whatever it turns out to be I will post my return for all to see. I have a funny feeling my yield is going to turn out to be maybe just a little less than this prediction... Cheesy

alienesb

hero member

Activity: 868

Merit: 1000

Quote from: Jacques de Molay on December 16, 2014, 03:52:15 PM

Excellent the lemmings and dumb asses have bought into his 3rd round of the ponzi

That means I can cash out my remaining HP now hopefully.

Right on brotha!

Jacques de Molay

sr. member

Activity: 339

Merit: 250

Excellent the lemmings and dumb asses have bought into his 3rd round of the ponzi

That means I can cash out my remaining HP now hopefully.

I_IZ_CEO

sr. member

Activity: 308

Merit: 250

CEO FlawMiners TM®

They have many things "stuck in their heads".
This is the result of being brainwashed by hashking.

Quote

Mind Control (also known as brainwashing, reeducation, coercive persuasion, thought control, or thought reform) is a theoretical indoctrination process which results in "an impairment of autonomy, an inability to think independently, and a disruption of beliefs and affiliations. In this context, brainwashing refers to the involuntary reeducation of basic beliefs and values".[1] The term has been applied to any tactic, psychological or otherwise, which can be seen as subverting an individual's sense of control over their own thinking, behavior, emotions or decision making.

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

Quote from: maildir on December 16, 2014, 03:29:48 PM

The old plugin it is then. Utterly useless. As said from day one a proxy or concierge service. AOL GUI. Junk de Luxe. And he is selling it like it is the next best thing. Data mining, your every step on the internet monitored by this incredibly unreliable dishonest individual. Who in their right mind would do this. Not to mention all the "points" he will scoop up being the buyer on record with this vendors. As someone mentioned just before they jealously guard their customers for their own data mining purposes. No way in hell will they let this clown intercept this.

Where is Coinfire when you need him, all he has to do is fire off a quick question to Walmart, Target, Amazon, (again) and now Macy's, Best Buy and Newegg:

Has Homero been allowed to integrate with your platforms. Will you be offering discounts as a result. Are you in fact a supported retailer

https://www.paybase.com/

- We’ve been busy integrating with major store platforms
- Since the merchant pays less to process your order, it will cost you less, and so we pass those savings back to you.
-any of our supported retailers.

He thinks he is being clever by including BTC and all credit cards and not just his playcoin because you obviously purchase from any of those stores with any of those options. Very cunning to insert his playcoin amongst that to make it appear as though they accepted it direct. However he is most definitely still trading off the name of Amazon and Walmart and this should be brought to their attention in particular the aforementioned questions.

If they are doing this without the retailers' consent it's not just a legal issue but also a technical one. It will probably break in many different ways if retailers tweak their sites. Now would be a very good time to confirm all those partnerships. Certainly any NDA's don't apply anymore since they publicly announced it.

alienesb

hero member

Activity: 868

Merit: 1000

Quote from: vabchgent on December 16, 2014, 03:45:43 PM

I think he is going to use GYFT as a middle man. The Logos he has up on the paycoin site are the same.

http://www.gyft.com/

I'd be surprised if they didn't try to stop him. Gyft is owned by Firstdata if you didn't know.

vabchgent

sr. member

Activity: 840

Merit: 251

I think he is going to use GYFT as a middle man. The Logos he has up on the paycoin site are the same.

http://www.gyft.com/

anti_gaw_DONKEY_KONG_DK

newbie

Activity: 14

Merit: 0

Quote from: jimmothy on December 16, 2014, 12:50:01 AM

Quote from: dekay on December 16, 2014, 12:29:06 AM

Quote from: TheIZS on December 16, 2014, 12:24:56 AM

Quote from: interstellar on December 16, 2014, 12:21:47 AM

http://www.businessinsider.com/zinc-save-bitcoin-extension-for-amazon-2014-3

HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA!!!!!!
Hey at least somebody at GAW can use photoshop competently.

can someone compare the two side by side the scams officially exposed wow..... post on ht plz just wow

http://static2.businessinsider.com/image/53209c9169bedd5b607bc861-574-468/welcome-step-3.png

https://paybase.com/img/angela/screenshot-1.png

so unique is gaw they copy paste paycoin code now paybase code he never fails to amaze me
ps hybrid flex code doesnt exist yet soon tm same with prime controllers

anti_gaw_DONKEY_KONG_DK

newbie

Activity: 14

Merit: 0

Quote from: interstellar on December 16, 2014, 12:21:47 AM

http://www.businessinsider.com/zinc-save-bitcoin-extension-for-amazon-2014-3

gaws a scam so were these guys i think notice this is gaw ceos speech expect its a year old

maildir

legendary

Activity: 924

Merit: 1060

The old plugin it is then. Utterly useless. As said from day one a proxy or concierge service. AOL GUI. Junk de Luxe. And he is selling it like it is the next best thing. Data mining, your every step on the internet monitored by this incredibly unreliable dishonest individual. Who in their right mind would do this. Not to mention all the "points" he will scoop up being the buyer on record with this vendors. As someone mentioned just before they jealously guard their customers for their own data mining purposes. No way in hell will they let this clown intercept this.

Where is Coinfire when you need him, all he has to do is fire off a quick question to Walmart, Target, Amazon, (again) and now Macy's, Best Buy and Newegg:

Has Homero been allowed to integrate with your platforms. Will you be offering discounts as a result. Are you in fact a supported retailer

https://www.paybase.com/

- We’ve been busy integrating with major store platforms
- Since the merchant pays less to process your order, it will cost you less, and so we pass those savings back to you.
-any of our supported retailers.

He thinks he is being clever by including BTC and all credit cards and not just his playcoin because you obviously purchase from any of those stores with any of those options. Very cunning to insert his playcoin amongst that to make it appear as though they accepted it direct. However he is most definitely still trading off the name of Amazon and Walmart and this should be brought to their attention in particular the aforementioned questions.

Rantzbitz

full member

Activity: 212

Merit: 100

R.M.H. Ether 2013

Quote from: raskul on December 16, 2014, 01:53:06 PM

Quote from: Snail2 on December 16, 2014, 01:47:07 PM

Quote from: raskul on December 16, 2014, 01:41:16 PM

i fail to see how any of this is a worthwhile investment.
all you are doing is continually giving money to GAW.

Constant cash flow

. Not to mention that most ppl over there converted their script and sha hashlets to stakers. Sooner or later they want to buy hashlets again plus these lifetime haslets were all converted to 1.5, 3 and 6 month stakers, so GAW will have tons of "free" hashlets to sell back again. I'd buy GAW shares if I could

.

once all this hype is over and those who have made money from the POW mining phase, there will be very few people who wish to continually line Garza's pockets.
This is where a ponzi like this will be able to keep paying, because there will be precious few who fall for it, and the bulk of the money will belong to Garza.
I'm astounded that you cannot see this.

Best statement!

Just trying to grasp this as a non GAW fan.. can't. Not sure what makes people believe this coin will be mass adopted.
When something is massively popular within a segregated group.. it usually stays that way... segregated ... till death :/
then im sure GAW will introduce something else looking sweet like candy. Coin-Swap was obviously chosen (extremely hungry) as other exchanges probably will not touch. Anyone even suspect GAW to be making majority of purchases off coin-swap to sell for profit on the paycoin website?

jimmothy

hero member

Activity: 770

Merit: 509

Quote from: puwaha on December 16, 2014, 02:55:54 PM

Quote from: jimmothy on December 16, 2014, 02:37:53 PM

Quote from: puwaha on December 16, 2014, 02:25:37 PM

Quote from: jimmothy on December 16, 2014, 02:14:48 PM

This is the part I think most believers fail to understand/acknowledge.

As of now you would need to dump 1.7m paycoins (14% the total coin supply) to eat through GAW's buy wall of ~$34 million.

In 5 years there will be 12.8 billion paycoins so dumping 1.4m paycoins would only be ~0.015% of the total coin supply. To dump 14% of the total coin supply (1.8b) at $20/coin would require a $35 billion buy wall.

Why does everyone here think the automatic thing is to dump? Isn't the whole "high-brow" point of BTC centered on building an ecosystem around it's use and adoption? So that a BTC is a BTC, and not just what it's value is today in USD?

You don't have a choice.

If you don't dump, your money is worth 1/1,000,000th it's original value every 10 years. (unless you perpetually fork over money for hashstakers)

Get rich quick schemes are a zero sum game. Everyone cannot win.

I'm sensing some irony here from you posting this on a bitcoin forum.

The difference is that BTC is a freely traded asset. Supply/demand have determined the value of Bitcoin. The CEO alone has determined the value of paycoin.

Here's an example of what will happen:

Step 1: Investor spends $2.5m to acquire 125,000 paycoins to buy a prime node.

Step 2: After 2 years at 400% apr the investor now has 2,000,000 paycoins

Step 3: Investor thinks that turning $2.5m in to $40m is good enough. dumps $35m worth of paycoins. Scheme collapses.

The problem with this scheme is that the only real value is the promise of profit. Without the "guaranteed" price of $20/coin everything collapses.

raskul

sr. member

Activity: 434

Merit: 250

Quote from: I_IZ_CEO on December 16, 2014, 03:17:24 PM

Code:

[quote author=raskul link=topic=857670.msg9859310#msg9859310 date=1418756388]
[quote author=I_IZ_CEO link=topic=857670.msg9859292#msg9859292 date=1418756236]
[quote author=raskul link=topic=857670.msg9857220#msg9857220 date=1418742281]
[quote author=vabchgent link=topic=857670.msg9857161#msg9857161 date=1418741922]
[quote author=raskul link=topic=857670.msg9857143#msg9857143 date=1418741829]
[quote author=vabchgent link=topic=857670.msg9857111#msg9857111 date=1418741649]
[quote author=jackbox link=topic=857670.msg9857063#msg9857063 date=1418741305]
Price of XPY down to .024 BTC on Coin Swap. So far slightly over 132,000 mined out of 500,000 coins to be mined. What happens on Friday when the 12,000,000 pre-mine become available to "investors" and HP holders? 12,5000,000 XPY at $20 each would require a fiat reserve of $250,000,000 if everyone sells. Josh claims a buy wall at $20 per XPY but if "investors" paid only $4.00 per XPY that would require 250,000,000 XPY sold to create the wall. That is 20X the number of XPY that will exist on Friday. Something is definitely out of whack here.  :'(
[/quote]

Oh boy hope he is not going to dump all the BTC he was supposedly mining with our miners when the payouts dropped on Zen cloud. That would be a disaster for BTC. Robbing BTC to pay XPY. We also know he has PH somewhere mining something. 
[/quote]

you make no sense.

sit and watch this just for 30 mins and see what kind of volume BTC trading does....
https://bitcoinwisdom.com/markets/kraken/btceur

Garza doing any density of mining won't affect anything, whatsoever.
[/quote]

I might be wearing a tinfoil hat right now. But he did get a lot of BTC from cutting the Mining contracts so he could be sitting on a mountain of it. 
[/quote]
we are currently seeing selloffs by whoever was fortunate enough to win that last FBI auction. these selloffs are done in dribs and drabs and have short term effect on the price, in dumps of ~100BTC at a time. This is my take on what is occurring in the marketplace currently. Then we have the normal dumps by the mining farms... put together it's a slow short term drop in btc price, but we are talking tens of thousands of BTC volume here...

I don't care which hat you are wearing but Garza has nowehere near the volume which is [i]actually[/i] suppressing short term btc price.

Or.. I presume you can back up your statement with hard numbers?
thought not.

[/quote]

I dont think the auction buyers, Tim being one of them, are selling their bitcoins. Tims wallet:
28,156.51316529 BTC
https://blockchain.info/address/16cTyJLWbXQz3UZ3sYjy6A6VGX4sAqiEo1
I also think he is funding some start ups with his bitcoins.
I don't think Homero is selling his bitcoins too.. He might be selling his paycoins to get more bitcoins..

[/quote]

that was the 1st FBI auction. there has been another since and the buyer remained anonymous AFAIK
[/quote]

Second Market won the 2nd auction, a 104-person syndicate. How much did each person get from that auction? Enough to do damage to bitcoin if they sold their share? And tbh I do not think these investors are selling their coins. At a later time, maybe.

ah ok, thanks for that, i hadn't been following it.

Topic: GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :) - page 2124. (Read 3377790 times)