down down more.
coin swap 0.00466
crypsy 0.00450
bitrexx same with crypsy
need big jump to up again this coin.
Topic: Paycoin (XPY) is scam - page 15. (Read 79551 times)
Evidence(or Inside rumor?) that Josh and his family already left the country for "vacation" without telling employees until a week after:
Evidence that premined prime addresses are selling off XPY on exchanges slowly:
https://hashtalk.org/topic/31542/coins-from-the-test-address-that-were-supposed-to-be-destroyed-are-now-in-circulation/354
https://hashtalk.org/topic/31542/coins-from-the-test-address-that-were-supposed-to-be-destroyed-are-now-in-circulation/354
Quote
@rskagy2258 said:
@kilix said:
Anybody here checked those coins again if there are still there as the amount as we have seen it at the start? Thanks.
Checked https://chainz.cryptoid.info/xpy/address.dws?196495.htm
Guys, there are new SENT transactions from this wallet, and it seems they are going to these addresses... Does anyone know if this looks like the wallet of an exchange? It looks like it was sent to an address where a lot of other smaller wallets have also sent coins!
https://chainz.cryptoid.info/xpy/tx.dws?295135.htm
https://chainz.cryptoid.info/xpy/tx.dws?295147.htm
I'm scared... Sent 87,604.374451 XPY in 2 transactions
Thats only a fraction of the total but its still so many XPY. Where did they send it?
Yes, It's pretty obvious those are being (ultimately) sold on exchanges. Let's take the first one:
https://chainz.cryptoid.info/xpy/tx.dws?295135.htm
43,834.136119 XPY from the wallet that contains the test coins is merged with other coins into a 50k XPY address:
https://chainz.cryptoid.info/xpy/address.dws?PN3Gc5HMNLhWET7ZXn9MZRzZ9KMpZxZSoL.htm
This address sends the 50k (minus 1.13 transaction fee) to this address:
https://chainz.cryptoid.info/xpy/address.dws?PTEGCrMaU7hSoMGCRAccxhYVuBZrx5F4La.htm
This address then starts distributing the 50k in very small amounts, 5.66 XPY at first:
https://chainz.cryptoid.info/xpy/tx.dws?295181.htm
The change always goes to a new address:
https://chainz.cryptoid.info/xpy/address.dws?PRYocgeE9EfS1sCARRWX8brwv8MaebNqsV.htm
Here is where it gets interesting. The next address that receives 57.649 XPY is a known Cryptsy address:
https://chainz.cryptoid.info/xpy/tx.dws?295200.htm
So is the next one:
https://chainz.cryptoid.info/xpy/tx.dws?295207.htm
The one after that is not tagged:
https://chainz.cryptoid.info/xpy/tx.dws?295235.htm
But then, this:
https://chainz.cryptoid.info/xpy/tx.dws?295250.htm
BITTREX, huh?
Then, Paybase:
https://chainz.cryptoid.info/xpy/tx.dws?295258.htm
You can go on clicking through the chain, you will find that small portions of the initial 50k are being sent to different exchanges:
https://chainz.cryptoid.info/xpy/tx.dws?295774.htm (BITTREX)
https://chainz.cryptoid.info/xpy/tx.dws?296777.htm (Cryptsy)
https://chainz.cryptoid.info/xpy/tx.dws?297299.htm (Paybase)
https://chainz.cryptoid.info/xpy/tx.dws?297348.htm (Paybase)
https://chainz.cryptoid.info/xpy/tx.dws?297392.htm (BITTREX)
https://chainz.cryptoid.info/xpy/tx.dws?297404.htm (Cryptsy)
... and on, and on, and on ...
@kilix said:
Anybody here checked those coins again if there are still there as the amount as we have seen it at the start? Thanks.
Checked https://chainz.cryptoid.info/xpy/address.dws?196495.htm
Guys, there are new SENT transactions from this wallet, and it seems they are going to these addresses... Does anyone know if this looks like the wallet of an exchange? It looks like it was sent to an address where a lot of other smaller wallets have also sent coins!
https://chainz.cryptoid.info/xpy/tx.dws?295135.htm
https://chainz.cryptoid.info/xpy/tx.dws?295147.htm
I'm scared... Sent 87,604.374451 XPY in 2 transactions
Thats only a fraction of the total but its still so many XPY. Where did they send it?
Yes, It's pretty obvious those are being (ultimately) sold on exchanges. Let's take the first one:
https://chainz.cryptoid.info/xpy/tx.dws?295135.htm
43,834.136119 XPY from the wallet that contains the test coins is merged with other coins into a 50k XPY address:
https://chainz.cryptoid.info/xpy/address.dws?PN3Gc5HMNLhWET7ZXn9MZRzZ9KMpZxZSoL.htm
This address sends the 50k (minus 1.13 transaction fee) to this address:
https://chainz.cryptoid.info/xpy/address.dws?PTEGCrMaU7hSoMGCRAccxhYVuBZrx5F4La.htm
This address then starts distributing the 50k in very small amounts, 5.66 XPY at first:
https://chainz.cryptoid.info/xpy/tx.dws?295181.htm
The change always goes to a new address:
https://chainz.cryptoid.info/xpy/address.dws?PRYocgeE9EfS1sCARRWX8brwv8MaebNqsV.htm
Here is where it gets interesting. The next address that receives 57.649 XPY is a known Cryptsy address:
https://chainz.cryptoid.info/xpy/tx.dws?295200.htm
So is the next one:
https://chainz.cryptoid.info/xpy/tx.dws?295207.htm
The one after that is not tagged:
https://chainz.cryptoid.info/xpy/tx.dws?295235.htm
But then, this:
https://chainz.cryptoid.info/xpy/tx.dws?295250.htm
BITTREX, huh?
Then, Paybase:
https://chainz.cryptoid.info/xpy/tx.dws?295258.htm
You can go on clicking through the chain, you will find that small portions of the initial 50k are being sent to different exchanges:
https://chainz.cryptoid.info/xpy/tx.dws?295774.htm (BITTREX)
https://chainz.cryptoid.info/xpy/tx.dws?296777.htm (Cryptsy)
https://chainz.cryptoid.info/xpy/tx.dws?297299.htm (Paybase)
https://chainz.cryptoid.info/xpy/tx.dws?297348.htm (Paybase)
https://chainz.cryptoid.info/xpy/tx.dws?297392.htm (BITTREX)
https://chainz.cryptoid.info/xpy/tx.dws?297404.htm (Cryptsy)
... and on, and on, and on ...
More evidence of broken promises:
https://archive.today/CQln5
Over 57k "test coins" that were supposed to be destroyed have now moved into circulation:
Inside information claims that GAW is running dry and forced to pay salaries from selling old miners(that were supposed to be used to pay cloud miners) and dumping more paycoins on the market.
Over 57k "test coins" that were supposed to be destroyed have now moved into circulation:
https://hashtalk.org/topic/31542/coins-from-the-test-address-that-were-supposed-to-be-destroyed-are-now-in-circulation
https://chainz.cryptoid.info/xpy/address.dws?119166.htm
https://chainz.cryptoid.info/xpy/address.dws?P9HwdnKRZD5niS7ua9pSV4DnjKxRPHw73Y.htm
https://chainz.cryptoid.info/xpy/address.dws?119166.htm
https://chainz.cryptoid.info/xpy/address.dws?P9HwdnKRZD5niS7ua9pSV4DnjKxRPHw73Y.htm
Inside information claims that GAW is running dry and forced to pay salaries from selling old miners(that were supposed to be used to pay cloud miners) and dumping more paycoins on the market.
i dont know
why people say paycoin is scam
but im not sure. time to buy more.
why people say paycoin is scam
but im not sure. time to buy more.
There are over 30 pages here providing evidence this is a scam ... here is 2 more links reinforcing the lies that Josh has fooled his victims with:
https://hashtalk.org/topic/1963
https://archive.today/qmHnD#selection-889.502-889.519
whats paycoin is scam?
but i see the price on coin swap 0.005 btc
but i see the price on coin swap 0.005 btc
i dont know
why people say paycoin is scam
but im not sure. time to buy more.
its a scam because it has 12 M premine
with staking rate of crazy rate and compunding each day which only GAW controls
and they are not accepting their own coins
which is likely an indication of their own coins is a scam
whats paycoin is scam?
but i see the price on coin swap 0.005 btc
but i see the price on coin swap 0.005 btc
i dont know
why people say paycoin is scam
but im not sure. time to buy more.
whats paycoin is scam?
but i see the price on coin swap 0.005 btc
but i see the price on coin swap 0.005 btc
Paycoin ( Xpy ) according to the coin is indeed a scam .
Because the coin was only expensive at the beginning and continued to decline until now .
Because the coin was only expensive at the beginning and continued to decline until now .
Most altcoins decline in price after one or two spike up in price, don't they?
Paycoin (XPY) is scam and 12.5 million coins instamined. Do not buy this shit https://bittrex.com/Market/Index?MarketName=BTC-XPY because you will lose your money like this https://bitcointalksearch.org/topic/never-buy-ico-bytecent-eqx-sys-craig-vior-845494
What paycoin is this?
what happened this coin
u really paycoin is scam? omg
I have this coin, but I buy 0.011 and price now 0.004 loss again.
u really paycoin is scam? omg
I have this coin, but I buy 0.011 and price now 0.004 loss again.
yeah try not to hang on to alt coins for to long. their price will fluctuate. i don't know if it will make it up to .01 again but there is always a chance that it will be pumped again at some point . sorry for you loss i hope you did'ent buy to many
Im not sure to buy again, xpy coin need jumps to back up again.
for now I just wait and see.
well remember you dont want to wait and buy a coin at a high price then it gets dumped. what you wanna do is buy low and then sell high. im NOT saying "buy it" its going to go up! what im saying is that buying it at .01 might not be a good idea, that may be as high as it goes. yesterday there was a quick drop to .0034 and then it was back up to .0066ish that is around a 45% jump because of a pump.
another note: i dont like to watch any one fall and i know alot of people are loving this. but i just hope the guy makes it out ok and does secede. i dont support paycoin. but i also shouldent talk crap either.
You obviously have a problem with math. And Observation. XPY did not go to 0.0034, the bottom was above 0.0037. But even if it was true, a jump from 34 to 66 is NOT 45%. As a matter of fact it is, EXACTLY, 94.12%.
Otherwise yes, you are right: Most people posting here just talk crap. The ignorant and, above all, MALICIOUS kind.
haha your right, sorry about that math there i was up really early this morning. for some reason i thought 50% was double. that is just what i saw on cryptsy yesterday it was almost .0067 from .0035ish (i dont have the exact numbers in front of me)
my mistake
what happened this coin
u really paycoin is scam? omg
I have this coin, but I buy 0.011 and price now 0.004 loss again.
u really paycoin is scam? omg
I have this coin, but I buy 0.011 and price now 0.004 loss again.
yeah try not to hang on to alt coins for to long. their price will fluctuate. i don't know if it will make it up to .01 again but there is always a chance that it will be pumped again at some point . sorry for you loss i hope you did'ent buy to many
Im not sure to buy again, xpy coin need jumps to back up again.
for now I just wait and see.
well remember you dont want to wait and buy a coin at a high price then it gets dumped. what you wanna do is buy low and then sell high. im NOT saying "buy it" its going to go up! what im saying is that buying it at .01 might not be a good idea, that may be as high as it goes. yesterday there was a quick drop to .0034 and then it was back up to .0066ish that is around a 45% jump because of a pump.
another note: i dont like to watch any one fall and i know alot of people are loving this. but i just hope the guy makes it out ok and does secede. i dont support paycoin. but i also shouldent talk crap either.
You obviously have a problem with math. And Observation. XPY did not go to 0.0034, the bottom was above 0.0037. But even if it was true, a jump from 34 to 66 is NOT 45%. As a matter of fact it is, EXACTLY, 94.12%.
Otherwise yes, you are right: Most people posting here just talk crap. The ignorant and, above all, MALICIOUS kind.
another note: i dont like to watch any one fall and i know alot of people are loving this. but i just hope the guy makes it out ok and does secede. i dont support paycoin. but i also shouldent talk crap either.
Paycoin price crashing and no mechant adoption is a good news, because an eventual success of Paycoin would be bad for cryptocurrencies: http://coinbrief.net/paycoin-succeeding-dangerous/
what happened this coin
u really paycoin is scam? omg
I have this coin, but I buy 0.011 and price now 0.004 loss again.
u really paycoin is scam? omg
I have this coin, but I buy 0.011 and price now 0.004 loss again.
yeah try not to hang on to alt coins for to long. their price will fluctuate. i don't know if it will make it up to .01 again but there is always a chance that it will be pumped again at some point . sorry for you loss i hope you did'ent buy to many
Im not sure to buy again, xpy coin need jumps to back up again.
for now I just wait and see.
well remember you dont want to wait and buy a coin at a high price then it gets dumped. what you wanna do is buy low and then sell high. im NOT saying "buy it" its going to go up! what im saying is that buying it at .01 might not be a good idea, that may be as high as it goes. yesterday there was a quick drop to .0034 and then it was back up to .0066ish that is around a 45% jump because of a pump.
another note: i dont like to watch any one fall and i know alot of people are loving this. but i just hope the guy makes it out ok and does secede. i dont support paycoin. but i also shouldent talk crap either.
It's not a scam, but a coin needs a couple things to succeed like publicity, trust, merchant integration and so on.
In case of paycoin the innitial publicity was good, thus we had an early pump, then the trust kept dropping due to some allegations like premine, no $20 support, problems with the name and almost no merchants accepting the coin. It's still possible for them to bring the price up but it would require some major stores to accept the coin, just as it was promised before the launch.
In case of paycoin the innitial publicity was good, thus we had an early pump, then the trust kept dropping due to some allegations like premine, no $20 support, problems with the name and almost no merchants accepting the coin. It's still possible for them to bring the price up but it would require some major stores to accept the coin, just as it was promised before the launch.
Allegations? Almost everything we have warned about has been revealed. Josh can instantly secure confidence in the community if he were to simply provide evidence to refute our allegations that he lied to all of you.
Paycoin2 was a stillbirth upon inception and will slowly become a penny stock up until the day the SEC moves in and lawsuits start being filed.
What is sad about this whole scam is that even if it wasn't intended to be a scam it was destined to fail because it is hyperinflationary with too small of a userbase and ultimately controlled by one company unlike bitcoin. Centralized digital currencies are nothing new and all eventually get attacked and shutdown by the government if they don't become co-opted(ripple labs will either be shutdown or co-opted in the future).
Digicash, liberty dollar, liberty reserve, egold, ect... all shutdown. A US government and banks aren't going to allow anybody else to take over the FED and control the "prime controllers" without a fight.
At this point I don't think he can regain trust even with providing evidence that he didn't lie. Imagine if the $100 million really existed but was squandered on dumpers, would anyone still trust him enough to bring xpy back to $20?
It's not a scam, but a coin needs a couple things to succeed like publicity, trust, merchant integration and so on.
In case of paycoin the innitial publicity was good, thus we had an early pump, then the trust kept dropping due to some allegations like premine, no $20 support, problems with the name and almost no merchants accepting the coin. It's still possible for them to bring the price up but it would require some major stores to accept the coin, just as it was promised before the launch.
In case of paycoin the innitial publicity was good, thus we had an early pump, then the trust kept dropping due to some allegations like premine, no $20 support, problems with the name and almost no merchants accepting the coin. It's still possible for them to bring the price up but it would require some major stores to accept the coin, just as it was promised before the launch.
Allegations? Almost everything we have warned about has been revealed. Josh can instantly secure confidence in the community if he were to simply provide evidence to refute our allegations that he lied to all of you.
Paycoin2 was a stillbirth upon inception and will slowly become a penny stock up until the day the SEC moves in and lawsuits start being filed.
What is sad about this whole scam is that even if it wasn't intended to be a scam it was destined to fail because it is hyperinflationary with too small of a userbase and ultimately controlled by one company unlike bitcoin. Centralized digital currencies are nothing new and all eventually get attacked and shutdown by the government if they don't become co-opted(ripple labs will either be shutdown or co-opted in the future).
Digicash, liberty dollar, liberty reserve, egold, ect... all shutdown. A US government and banks aren't going to allow anybody else to take over the FED and control the "prime controllers" without a fight.
what happened this coin
u really paycoin is scam? omg
I have this coin, but I buy 0.011 and price now 0.004 loss again.
u really paycoin is scam? omg
I have this coin, but I buy 0.011 and price now 0.004 loss again.
yeah try not to hang on to alt coins for to long. their price will fluctuate. i don't know if it will make it up to .01 again but there is always a chance that it will be pumped again at some point . sorry for you loss i hope you did'ent buy to many
Im not sure to buy again, xpy coin need jumps to back up again.
for now I just wait and see.
Small amount of the victims coming forward discussing their losses:
http://postimg.org/image/wvf4cs9zf/
http://postimg.org/image/wvf4cs9zf/
GAW Miners Attorneys Confirm SEC Investigation
On January 19th, Coin Fire exclusively brought you information regarding a Securities and Exchange Commission investigation against GAW Miners and Josh Garza. The documents provided solely to Coin Fire from vetted and confirmed Commission employees detailed an on-going and active investigation against the company, several investors, affiliates, and Mr. Garza.
http://coinfire.io/2015/02/04/gaw-miners-attorneys-confirm-sec-investigation/
On January 19th, Coin Fire exclusively brought you information regarding a Securities and Exchange Commission investigation against GAW Miners and Josh Garza. The documents provided solely to Coin Fire from vetted and confirmed Commission employees detailed an on-going and active investigation against the company, several investors, affiliates, and Mr. Garza.
http://coinfire.io/2015/02/04/gaw-miners-attorneys-confirm-sec-investigation/
What clowns, really.... First of all, Garza has PUBLICLY disclosed that a potential alternative to the Honors Program is possible, even probable since his legal counsel is trying to see if the Honors Program is legally possible to enact, so there's nothing new there. Or Anywhere. The Coinfire "SEC investigation" was, is and remains false as it is clearly taken away just reading those e-mails n which the lawyers WARN that the Honors Program, and the specific word "repurchase" could indeed call the attention of the SEC... how is that a "confirmation"? It's total bullshit, that's what it is, from Coinfire which not only doesn't know what an "investigation" is but doesn't know either what an "inquiry" is. The former, cannot be "against", as the post BY DEFINITION, since and investigation's purpose, again BY DEFINITION, es to find if there's cause or not for prosecution. Or praise.
An "inquiry", on the other hand, is a much wider term that usually, in this context, means that someone has suggested to "look into it", something rarely ever comes no any kind of fruition.
Who are these inept people posting in that ridiculous website, have they even studied one year or journalism? Have they any knowledge whatsoever of the ethics implied? The couldn't publish anything ever, not even in The National Enquirer.
Another piece of shit digital crypto rag looking for crumbs from idiots whose wishful thinking makes them lose even the most elementary sense of logic. Puaghffff!
Jump to: