GEMZ - Unmoderated thread - page 5. | Bitcointalksearch.org

MrBig

sr. member

Activity: 369

Merit: 250

Quote from: yns1971 on May 26, 2016, 07:59:06 AM

Why did GEMZ close the BitcoinTalk.org forum ?

Because that thread is one of the first search results in Google and can only harm their reputation. It documents their failure to deliver what they promised to investors on here and shows most of their ardent supporters on this forum slowly turning against them after realizing they were duped. They basically ripped off Telegram and made a few simple modifications. Look at the last update Android 3.0 update that was announced; new color schemes and a hide messages option. The current version in the Google Play store is 2.9.4, which was last updated March 22, 2016. So in 2 months, the best they could come up with is 2 measly features. Notice that the title of the app is 'Telegram with GetGems' and not simply 'Getgems' or 'GetGems with Telegram'. Even their title gives priority to Telegram over GetGems...

On another note, where is the source code for this project and who is the team that is supposedly working hard at it? A novice with no programming experience could figure out how to add the 'new' features they announced within the 2 months since their last update.

SkryptoDude

member

Activity: 97

Merit: 10

Quote

What happened?

I'll assume you are asking about the price of GEMZ?

Poloniex has threatened to delist GEMZ. I'm not sure of the reasons why. Most of the time when they delist a crypto it's because of the lack of volume. People are selling GEMZ cheap so they don't have to transfer them from Polo if they delist. Sometimes they reverse their decisions because of public interest. I hope that's the case this time. If not, Polo will no longer trade GEMZ after June 3. It doesn't mean the coin is dead, it will still trade on other exchanges.....Bittrex for one.

In the development plan everything is pretty much on track. They have received the last payment for the final milestone. The foundation is laid and the app is working flawlessly. We await the masses. Now it's all about attracting more users to get the Attention Economy rolling. There is more coming for the Attention Economy when the advertising interest appears. They are working on Getgems Keyboard/PayKey....I can't wait to see what rolls out. That is what I am most excited about!!

ignitiondefect

full member

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Merit: 100

What happened?

SkryptoDude

member

Activity: 97

Merit: 10

Your post above reminds me of the famous Mark Twain quote:

“The reports of my death are greatly exaggerated.”

GEMZ is far from dead. It may have taken a haircut but that's not unusual for a cryptocurrency. It's a great time to get in and you'll be in good company.

http://www.magmavc.com/portfolio/portfolio-companies.html

Stay tuned for further Getgems/Paykey/Attention Economy developments.

PayKey is so "revolutionary"!! The new payment process is genius. I'm sure that's why Magma has invested. This type of technology is so simple but so effective. If it takes off like I suspect, Getgems may be the next Magma venture to be bought out by google. It's that awesome IMO!!

https://www.youtube.com/watch?v=PBvSJzxoq7k

Daniel clearly states the estimated $20 million in revenues from PayKey by 2018.

Getgems was a 43North "winner" but they told them to "take a hike"....they refused their offer because it wasn't enough money for the percentage of the company they were wanting.

lawsonvl

full member

Activity: 156

Merit: 100

In the best possible light, the company took a massive gamble.

They delayed and detoured GG's development believing that their coin would survive the wait.

Poloniex gave them 1.5 years to get something going before the delisting. Even some positive buzz during that stretch would have probably saved the coin.

They risked GG's future to pursue PayKey, and they lost. The coin that is. They still have a messaging client with a base of users and PK. Two things that will not repay investors their money. Because the coin is dead.

They have only described that loss as a "disappointment".

No apology. No admission of their direct role in producing that outcome. Just a tough reality, for coinholders.

SkryptoDude

member

Activity: 97

Merit: 10

Would Magma Venture Partners invest in a scam?

I think not.

They have many success stories and Getgems will be added to the list eventually.

They invested in "waze" which sold to Google for over 1 billion dollars. Magma knows what they are doing.

The price of GEMZ now is a fraction of the ICO price and has "disgruntled" a few investors who are out for revenge. Getgems has more potential now than it ever had. IMO it's a great time to get in.

SkryptoDude

member

Activity: 97

Merit: 10

Getgems is an amazing messenger app that also owns PayKey....the revolutionary payment system you probably never heard of YET.

Getgems blog:

https://medium.com/@GetGems

Developers are hard at work with constant updates and improvements.

PayKey
https://www.paykey.me/#/

Magma VC has invested:

http://www.magmavc.com/portfolio/portfolio-companies.html

Click on Getgems

Lots of potential.

rajeshgarnaik

full member

Activity: 196

Merit: 100

i have seen topic of gemz before. i was wondering why new topic again.

cryptohunter

legendary

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MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG

Quote from: cjmining on May 26, 2016, 08:58:29 AM

I hate it when devs jump ship for a more profitable option. What about all the loyal investors they left behind ? My holding are now worth a fraction of what i could have cashed out for. I stood by them, how about them standing by me !!

you were scammed .... however if they do pull off paykey you and all other gemz investors especially the IPO investors should be able to get some lawyers that will go after them if there is a pot of money at the end of it it for them and you guys.

what was the devs full name?

cjmining

hero member

Activity: 586

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Waiting for my coins to rise !!

I hate it when devs jump ship for a more profitable option. What about all the loyal investors they left behind ? My holding are now worth a fraction of what i could have cashed out for. I stood by them, how about them standing by me !!

jacee

legendary

Activity: 1302

Merit: 1025

Quote from: yns1971 on May 26, 2016, 07:59:06 AM

Why did GEMZ close the BitcoinTalk.org forum ?

GEMZ didn't have anyone to support the project anymore. It's a bummer sice GEMZ is actually a nice new idea when it comes to cryptoccurency. And accumulating GEMZ can easily be exploited so I think they lost money to support it.
I still have pending coins in there and never got it. Cheesy