Topic: GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :) - page 964. (Read 3377945 times)
April 12, 2015, 08:49:35 AM
April 12, 2015, 08:48:35 AM
okay... so the major sell off happened @2am and cryptsy turned off trading around 4:30am (EST)... so, how at around 4am did garza know it was a hack and not just some holder dumping their position? The original sells were around 45k, 17k, 15k (in 15min blocks)... why did they jump to 'we're being hacked' and not think that someone just got fed up with it and dumped? I wonder who had access to the wallet.paycoin.com private keys. This sounds like josh making good on his "this is the end of paycoin" threat more than someone willing to hack a two-bit coin.
Very plausible.
April 12, 2015, 08:47:47 AM
April 12, 2015, 08:45:40 AM
MrCEO reminiscing about all those hundreds of thousands of merchants
another pump?
https://hashtalk.org/topic/36265
another pump?
https://hashtalk.org/topic/36265
Ha! There's as much as 4.5 lines of text whited out of that message and the footer explicitly says the email doesn't constitute a contract. Mr big time CEO who is now complaining that others didn't follow their contracts is suddenly complaining that another company didn't follow through on an email that was probably just part of a inquiry process?
April 12, 2015, 08:38:15 AM
MrCEO reminiscing about all those hundreds of thousands of merchants
another pump?
https://hashtalk.org/topic/36265
another pump?
https://hashtalk.org/topic/36265
It's funny, some are actually questioning things. Those gawtards need to be punished by Homero.
April 12, 2015, 08:37:35 AM
okay... so the major sell off happened @2am and cryptsy turned off trading around 4:30am (EST)... so, how at around 4am did garza know it was a hack and not just some holder dumping their position? The original sells were around 45k, 17k, 15k (in 15min blocks)... why did they jump to 'we're being hacked' and not think that someone just got fed up with it and dumped? I wonder who had access to the wallet.paycoin.com private keys. This sounds like josh making good on his "this is the end of paycoin" threat more than someone willing to hack a two-bit coin.
April 12, 2015, 08:32:17 AM
He can't even 'go dark' without completely fucking it up 
April 12, 2015, 08:25:11 AM
MrCEO reminiscing about all those hundreds of thousands of merchants
another pump?
https://hashtalk.org/topic/36265
another pump?
https://hashtalk.org/topic/36265
April 12, 2015, 08:22:40 AM
Would somebody be kind enough to post the status of SEC investigation if there have been any updates in the past week (was away on vacation)?
Josh got sued for $350,000 for an unpaid power bill last week.
Paycoin.com wallet was "hacked" a few hours ago for 250k XPY and more than 100k was sold into the market.
April 12, 2015, 08:00:41 AM
Well atleast this "IngCr3at1on" guy has some idea of what he's doing but the way they've done their protocol cutoff is a bit strange, I guess we will see in a week whether or not it works but considering the spelling mistakes on words that shouldn't be misspelt, I don't have high hopes. I won't bag Team XPY too hard, seems like they've gotten over their head a bit and I'm glad someone is stepping up to take away the Primes from Josh.
April 12, 2015, 07:56:07 AM
Just listened to the Coinfire interview here https://letstalkbitcoin.com/blog/post/lets-talk-bitcoin-203-digging-in
Interesting that Josh has removed the post from ht promotiong it, guess he doesn't want his fans listening to it.
Anyway, interesting history lesson leading up to events, but, what was more interesting is what's coming up.
1. SEC investigation has now expanded to include IRS
2. Coinfire has had access to all Gaw's emails for some time now and has gone through them. This has given Mike enough proof to say that Josh is definitely lying to staff and investors, hasn't had the evidence to say this before.
3. Because of threats, Mike has laid low for some time but because of the end game is in sight, is now comfortable to talk openly again.
4. Going to be some interesting news/back stories coming within a few weeks (Hope he's not like Josh in this regard, but unlike Josh he has made past promises)
Interesting that Josh has removed the post from ht promotiong it, guess he doesn't want his fans listening to it.
Anyway, interesting history lesson leading up to events, but, what was more interesting is what's coming up.
1. SEC investigation has now expanded to include IRS
2. Coinfire has had access to all Gaw's emails for some time now and has gone through them. This has given Mike enough proof to say that Josh is definitely lying to staff and investors, hasn't had the evidence to say this before.
3. Because of threats, Mike has laid low for some time but because of the end game is in sight, is now comfortable to talk openly again.
4. Going to be some interesting news/back stories coming within a few weeks (Hope he's not like Josh in this regard, but unlike Josh he has made past promises)
April 12, 2015, 07:54:51 AM
Would somebody be kind enough to post the status of SEC investigation if there have been any updates in the past week (was away on vacation)?
April 12, 2015, 07:53:41 AM
from $15 a coin to 0.18cent a coin, OUCH!!!
April 12, 2015, 07:53:05 AM
Unless, of course, the plan was going to be for Cantor Fitzgerald's Stuart Fraser to introduce Homero's scheme to a plethora of high-net-worth-individuals-with-banking-problems one after the other until so many suspected criminals had been burned by the scam they could claim it was an undercover counter-terrorism operation to steal the illicit funds back from the 'bad guys'!
You know, i hadn't thought of it before this point... but wonder if Fraser did guide his clients into this scheme... that's about the only explanation for how so many people can claim that they sunk six figures into this shit hole and not be ready to slit their throat over it. I know had I invested $100k and only 5 months later it was worth less than $1k... I'd be spewing shit all over the Internet about this scam. I can't think of anything, short of setting fire to actual $100 bills, that could piss away money that fast.
April 12, 2015, 07:41:05 AM
Man it's been a while since I poked through the PayCoin github, these guys should not be doing repo work.
This Commit, they just take out the print because PRId64 doesn't build, except it's supposed to be PRI64d, lol
https://github.com/PaycoinFoundation/paycoin/commit/6b20f1d91cd4e6f44ecfd2707a61114693cf25bf
This Commit, they just take out the print because PRId64 doesn't build, except it's supposed to be PRI64d, lol
https://github.com/PaycoinFoundation/paycoin/commit/6b20f1d91cd4e6f44ecfd2707a61114693cf25bf
April 12, 2015, 07:34:21 AM
https://i.imgur.com/5HuYrUM.jpg
Looks like the operators of badbitcoin.org are really invested in Paycoin and lost money. Oh my. Too bad for them.
Looks like the operators of badbitcoin.org are really invested in Paycoin and lost money. Oh my. Too bad for them.
to continue that a bit: he is dissing CoinFire. im just wondering what his credentials are... random internet dude releasing stuff to back up a fraud
Well he wouldn't be able to crowd source for a lawyer anyways since hashtalkers all keep buying XPY so don't have any money left.
Awesome rebuttals by badbitcoin, too. The only ad-hominem missing it to call the coinfire guy ugly and smelly.
Seriously @badbitcoin, if all you've got in response to, what turned out to be a hell of a scoop by coinfire, is to complain about the fact that the facts were reported and spoiled your plans to get rich, and quick, then you seriously underestimated how impossible it was always going to be for Homero Garza to actually keep this bait-and-switch ponzi/matrix fraud going much longer than he already had.
Unless, of course, the plan was going to be for Cantor Fitzgerald's Stuart Fraser to introduce Homero's scheme to a plethora of high-net-worth-individuals-with-banking-problems one after the other until so many suspected criminals had been burned by the scam they could claim it was an undercover counter-terrorism operation to steal the illicit funds back from the 'bad guys'!
April 12, 2015, 07:27:53 AM
Which post in particular? I'll be fine to remove the quote if you think it's incorrect.
https://bitcointalksearch.org/topic/m.11063626
Thanks.
https://en.wikipedia.org/wiki/Piercing_the_corporate_veil
He claims he has spent more than 1.1 million dollars of his own money on PayCoin related junk?
Edited it.
Also, in the one particular thing they are changing, they are still spelling "manditory"
They also added in one of my own commits from PayCon
https://github.com/PaycoinFoundation/paycoin/commit/dee9f830f5474f0da57b6dad230a4dc5b68a037c
except they said they were going to give me some BTC and never did....
Basically the only two useful things they have added are already from things I've already done, like it's a godsend to be able to change the rewards.... They still have some 50-60 things to catch up on.
Quote
There's a few changes that actually do things, one of the more recent ones sets a hard fork date for when the Prime Controller stake rate gets cut down. Most of them are just fluff though to make it look like stuff is happening.
If you know what you are doing you don't want "fluff", it should be neat with as few commits as possible and everything grouped together.
April 12, 2015, 07:20:30 AM
yes he will be in trouble most likely with his personal money
lets not forget the 350k GAW owes for electricity
would be cool to know how much his sugar daddy Stuart Fraser put in
lets not forget the 350k GAW owes for electricity
would be cool to know how much his sugar daddy Stuart Fraser put in
April 12, 2015, 07:12:14 AM
Jason is also known as Master Yoshi, PaycoinGateway etc. He is not "some bit related to GAW".
I'm just trying to get this clear. GAW doesn't have control over paycoin.com, the Foundation does.
I'm just trying to get this clear. GAW doesn't have control over paycoin.com, the Foundation does.
Ah right, sorry I get lost with all these random as brand names. I removed that part of my post.
What does it even mean to "own a Prime Controller"? I thought those were only hard-coded public keys in the Paycoin source code, and whoever has the corresponding private key controls them. This means you cannot transfer control from A to B, except if both parties trust that A has deleted all his copies of the private key after sending it to B.
You can copy keys, but you can't ever take them away from someone. Exactly the same as physical ones, in this case you can clone a new key for the door but you can't ever change the lock in the door. Two or more people now have control of it, as nobody ever bothered to write the "voting" code or whatever it was supposed to do in the first place. If they "transfer" control you're just relying on the person who owned it previously not to use it anymore.
Just a note on their Github.....
No commit they are doing actually does anything, it's all some spelling error fixes and Document fixes and the ironic part about it is that the solution to their change is what they took from PayCon, something I put in months ago, they did however miss something quite important in their changes.
manditory is also spelt as mandatory, they also changed a spelling of sucessfull to successfull
No commit they are doing actually does anything, it's all some spelling error fixes and Document fixes and the ironic part about it is that the solution to their change is what they took from PayCon, something I put in months ago, they did however miss something quite important in their changes.
manditory is also spelt as mandatory, they also changed a spelling of sucessfull to successfull
Could you remove the giant quote from your post? There's some incorrect stuff in there I edited out, I didn't realise paycoin.com wasn't owned by gaw (why the hell).
There's a few changes that actually do things, one of the more recent ones sets a hard fork date for when the Prime Controller stake rate gets cut down. Most of them are just fluff though to make it look like stuff is happening.
https://github.com/PaycoinFoundation/paycoin/commit/2abed74ac266b41675259c86d9ebc13448d62dbf
Code:
+// Reset all primenode stakerates to 100% after the given date
+static const unsigned int RESET_PRIMERATES = 1428321600; // Mon, 06 Apr 2015 12:00:00 GMT
+static const unsigned int RESET_PRIMERATES = 1428321600; // Mon, 06 Apr 2015 12:00:00 GMT
http://paycoinfoundation.org/docs/PCAgreement_signed.pdf << you can see all the owners here that have signed (except Mr. Gonzo)
1 vote = 1 PC
so it adds up
Nathan Bass is one of the main devs hes the Inc3n3rator (something like that) on github along with Paycoindev which i think is matthew
we dont know about outside investors. i dont think theres any that are not producing services.. like Mineral exchange has its own PC but we cant classify the owner as real outside investor
edit:
its a fresh breeze that they try to be transparent. anything Mr. Gorgonzola does is veiled in a thick smog that always backfires
1 vote = 1 PC
so it adds up
Nathan Bass is one of the main devs hes the Inc3n3rator (something like that) on github along with Paycoindev which i think is matthew
we dont know about outside investors. i dont think theres any that are not producing services.. like Mineral exchange has its own PC but we cant classify the owner as real outside investor
edit:
its a fresh breeze that they try to be transparent. anything Mr. Gorgonzola does is veiled in a thick smog that always backfires
Wasn't Rashibh supposed to own some too? I could have sworn at one point it was claimed that all of them were bought by various people.
Which post in particular? I'll be fine to remove the quote if you think it's incorrect.
April 12, 2015, 07:10:09 AM
+ of course selling fractional mining
Fractional reserve means you have all the cash, but it's locked in investments and not liquid.
Selling mining power you don't have is just fraud.
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