Topic: [GPUC] GPU Coin | Mandatory Wallet Update - page 19. (Read 421398 times)

Well the original idea is dead.. the coin is still alive though.. still 18m n-scrypt hashes on it, already on some exchanges , etc.

A community take over seems like it's viable.. but needs some serious work on the promotion/marketing side.  We still have technical sides covered between hendr1x and myself..

At this point we can count Jaymes out.  He probably wanted to honestly build a legit business at first, but as soon as it ran into trouble.. since this is just an internet forum, it's easy to just give up/walk away.. probably walked away with some IPO cash as well.  Definitely unfortunate for us bag holders.. but meh.. it happens.  

We need a promoter/marketer type to revitalize it... if someone is willing to step up to the plate, tech devs are still here..

WTS 426523 GPUC , Offers ?

The block explorer is not on the correct chain.  We need to take that down from the OP until it gets updated.  I'll work on a replacement block explorer this week.. but again, OP needs to get updated (and we can't unfortunately without jaymes)

This is correct chain as of this time:

{
    "blocks" : 72766,
    "currentblocksize" : 0,
    "currentblocktx" : 0,
    "difficulty" : 0.26987349,
    "errors" : "",
    "generate" : false,
    "genproclimit" : -1,
    "hashespersec" : 0,
    "networkhashps" : 18061752,
    "pooledtx" : 0,
    "testnet" : false
}

It's a shame that GPUCoin is dead..

Is there a verified correct chain? It looks like the block explorer is not on the correct chain--is this the case? GPUC is still frozen on Poloniex, because I want make sure the wallet is on the correct chain before I resume it.

I think the fraud side would be more pursuant to the situation. Hope you guys find a way to get things straight.

It is not hard to ship out GPUs or reply to emails.  His disappearance makes it clear that either he was in an accident or killed or that he is intentionally running a scam.  There are not many other excuses for not shipping out the GPUs or replying to any form of communication.  He will not be able to argue that things were just a little rough and he mismanaged the business.  What he is doing is clearly intentional.

I looked it up,  owners of a LLC can be charged with theft and fraud and would be fully liable in these cases.

The page that is now taken down on the website claimed ALL IPO bitcoins would be used to purchase GPUs that would be sold on the store.

A large portion of the IPO funds are unaccounted for.

He is no longer shipping and has dissapearred.  Sounds like theft/fraud to me.

I hold nothing against micryon, pastet89 both guy did a great job with this coin. Good work guys... But Jaymes what could you say... I hope he paid the taxes on the ipo bitcoin he accepted if not here the tip line http://www.irs.gov/Individuals/How-Do-You-Report-Suspected-Tax-Fraud-Activity%3F  Other then that I do not think much can be done with Jaymes..

Well as I pointed out earlier, using an LLC is the perfect way to pull off a legit-looking con of any length, because the LLC protects the owner--not the customer. In Virginia you're also not required to use a registered business address, provide insurance, any guarantees.. anything really. It's like a $50 fee and a half-page form you fill out and send in the mail. It's approval is almost guaranteed. Suits are limited, IIRC, to the company and its liquid property up to a limit. The owner isn't personally liable, and there's no guarantee you will recover anything, the burden is on you the customer. LLC's are good for some things, but beware them when they want money injections.

When I had, and was part of, some companies, we were legit fully incorporated, with a legal and financial team, fully insured. Our reputation was spoken of by former customers, clients and associates. This provides lots of confidence and surety for a client, and shows there is a clear and easy path of dispute or resolution.

Not saying he planned anything nefarious, but the capability is certainly there. If the information I dug up awhile back has any accuracy, he has 2 other failed businesses also using an address near the same one.

Never go into business with someone who flashes certs and talks big about their sister company, but who refuses to disclose the sister company's name/info or his business partner. Also, I never put any credit into a former military person who talks big about things like being a Navy Nuke. Most reputable military personnel with honorable discharges don't flash that around town. He also almost immediately stopped talking to me when he found out I was local. Huge red flag there.

These are several of the reasons I couldn't see staying in IPO with him. Too many red flags.


Could be.

I don't know what to make of all of this.  Jaymes seemed honest at first.  After all I won the 280x contest and he did send it right away.  He answered my emails, and took some of my advice.  I spent $400 in electricity mining GPU coin for a month, which is now worthless, but at least I broke even by getting the card.  Over the last 2 weeks I have sent him two emails with no response.  Nothing adds up. If he intended to pull a scam, he would not have had an LLC and he certainly would not have given out his address and posted his picture here and on youtube video. Anybody near him could find him.  So I believe he thought this would be a good business, but alas it hasn't worked out.  Shit happens like that as most startup businesses fail. But instead of hiding and going off the grid like a f@cking 12 year old, Jaymes should just come on here, post his reasons of his abcense, admit the business model is failing and needs work. And then either DO the work or pass it on to someone who will.  Forget Hannibal, psychiatrists could write a book about WHAT THE F@CK IS GOING ON IN JAYMES MIND!

No, not lost.

Could be due to several different issues that plague a lot of wallets on a lot of coins.

Re-downloading the block-chain on both clients while running the wallet with the re-scan option in the shortcut you use to launch them should solve almost any issue, especially if afterwards you wait approx. 30 minutes for any thing missed in blockchain to be re-broadcast and confirmed. Any questions just ask here.

waltsmith

Shoot, I transferred 400k GPUC and they're not showing on the receiver wallet 
If they went transfered on the wrong blockchain, does this means that my coins are lost? 

Well guys, I too am really sad at how this is turning out. I've defended the store owner from day 1. He has always done what the said he would do, whether it was smart or not, he did what he said. But, I know he is getting our e-mails, cause he updated the OP when I asked him to for the hard fork. However, refusing to communicate with his team or the community is the really a slap in the face. If he wants to go out of business just say so, so we can get on with things. If he wants to leave the option open to reopen the store if things turn around then a simple:"We are temporarily suspending operations due to, blah, blah, blah." That simple. Takes about two minutes and that's it. If he is not gonna sell the rest of his cards then take the store offline for "maintenance". Return the coins of those whose orders haven't been honored. I too, have to say I'm not the team forum rep anymore, I mean, how can you represent someone you can't communicate with? I know one thing, the ideas behind this coin were the best. Even if they don't pan out in the long run, this coin still has a lot going for it that many other coins don't, and I will continue to support it in any way that I can!!

waltsmith

I'm not dying or looking for any type of handout.
with the idea behind this coin i found it to be a great opportunity to help alleviate financial aspects and if it worked out like i hoped help further down the road to give my retired parents a little mining rig to keep them a little more financially secure. they take care of my uncle who's a lot worse off health wise with cancer and emphysema.
 
if we could turn the coin around, thats all the help i'd need.
shouldn't of gambled everything on the coin, thats a lesson i'll not soon forget.

I'm not sure how one turns a coin around and pumps new life into it, but i'm here at the computer most of the day.. so i'm willing to help out with w/e you guys think would be a good action plan to save the coin.
I used to run a small, off the books, ecig building hobby. lasted about 3 years before i got sick. so i've at least got some background in filling orders, running a shopping cart, inventory, and some self taught marking.

I continue to support the coin code from technical side... But it takes way more than that to make this viable.

You are free to do anything you like, however I do not believe anything can be done this way. I was quite till now but it's time to say fianlly that I am sorry that I was involved in the marketing team of this project and that my reputation is exposed as well due to the extremely arrogant, incompetent and not acceptable behaviour of Jaymes.
During the last month I have do all I could to work for this coin, however, without a communication by his side I am with tied hands. I have found an article to be submited on an alt coins site for 50 USD and I asked him for them but never got reply. I sent him at least 5 emails with constant explaining that things are going bad, that community is hyrted mostly by his lack of presence, and that he needs to post in the thread, and got no reply as well. I also write him an email with some general economical and strategic suggestions for how to save things before it is too late. All I got was damn silence. I was sending emails both to his business and personal email. I just didn't get any reply from him. I am pretty annoyed as well that I created a contest for sigantures and I am afraid now that he will not honour it and will not send anything, but I feel bad as I have announced this contest. When I saw that things are going bad and he stopped replying I sent him another email to confirm if I should organise the other contest which was agreed as a part of my marketing program, to make sure he will provide the GPU for it. Guess what, no reply; so I just left this away and I am more comforatble I did not organise it now.
I also do not expect to get paid as agreed for my services, but I do not care about it, I care about the people involved in the signature contest as I feel guilty about them if Jaymes does not honour the contest. This is my official statement about it here: https://bitcointalksearch.org/topic/m.6418428
I will also realy ask Hendr1x to give him a call and ask him to send the GPUs as promised on the contest and reply me on my emails.

This currency is dead one big hoax。。。

What health issues? Can we help?