Topic: Paycoin (XPY) is scam - page 31. (Read 79581 times)

I suppose day traders jobs facilitate finding the true value of the currency more efficiently and punishing those who make bad investments.
Paycoin would have eventually gotten to these amazing new lows with or without them but they are helping the market find it much quicker...

PayCoin (XPY)
$ 2.88 (-52.98 %)

It still has a long way to go, and there are no signs of a floor approaching.

Despite the 20dollar promised floor this disclaimer existed with paycoin TOS:


4.4 Paycoins May Have No Value. Paycoin is a new cryptocurrency and its value is determined by supply and demand. At any point after its release, it is possible that the market price of a Paycoin may be zero. Because the value of Paycoin may be zero, the value of a stake, in Paycoins, from a HashStaker may also be zero.

This was expected and planned.

i know its not much, but everyday 0.8btc profit is ok for me. i just invest with the profit i already made on this coin so i cant loose anymore.

.

get a job and you can make even more

made 30% yesterday, now bought a few btc at 0.0094, hoping to get another 30% today.

.

At least some people are waking up and taking notice.



We aren't the enemies of the victims of paycoin/GAW, but trying to warn and help them.

Rational arguments like yours that point outs that Paycoin is indeed a fraud has very little effect on droids like this unusual guy. unusualfacts30 is the biggest fanboy of the Bitbay scam - don't expect he will accept any rational arguments, he is the dream consumer of any crypto currency scams.

haha. they suddenly realize they've been breaking the law.

this debacle meets the legal definition of fraud. at the very least the ftc would be interested in how this 'company' does marketing. the other alphabet agencies will be interested in the rest.

Sorry to hear about your losses. I would suggest you start working with other victims and use the information we have gathered for you for legal action
and perhaps josh's estate can recoup some of your loss by selling many of his toys he has purchased with your money:





 

p.s..  second picture has been photoshopped to protect his children and associate his partners

Already many of us including me lost a huge amount of money invested in paycoin with those who still dreaming that pay will equalize btc.Badluck

The links are all in the article I provided:

http://qntra.net/2015/01/theymos-claims-josh-garza-is-sending-him-legal-threats-to-have-content-removed/

https://www.reddit.com/r/Bitcoin/comments/2r58kd/what_happened_to_this_subforum_all_posts_about/cnco6u3

Do you have a link / reference for this?

You weren't kidding, you were lying:


Besides, btctalk is the least of Jeff Garza/XPY/GAW's problems.  Hint: they're going to need more and better lawyers....  

When I said that btctalk is against everything except Bitcoin. I wasn't kidding

Theymos Claims Josh Garza Is Sending Him Legal Threats To Have Content Removed

Posted on January 3, 2015 by cazalla
Theymos, owner of bitcointalk.org and a moderator of /r/bitcoin, is claiming that he has been on the receiving end of legal threats from Josh Garza and his legal team. Garza is claimed to be demanding the removal of things from /r/bitcoin and the bitcointalk.org forums although it is not known which content Garza specifically takes offense to given much of what is being posted – such as claims of a $20 floor for Paycoin set by Garza and his $100 million backing in private funds – are known to have been said by Garza despite his attempts to re-write history by modifying previous posts.

Asked his opinion of GAW's founder Josh Garza and Paycoin itself, Theymos said:1

From what I've read, GAW Miners used to be a decent hardware company. However:

Paycoin is really stupid.
Cloud mining in general is a very dangerous field to invest in. (As if mining wasn't dangerous enough…)
Jeff Garza and his lawyers keep sending me legal threats to try to get me to remove things from /r/Bitcoin and bitcointalk.org, which is extremely suspicious and annoying.
I recommend avoiding them as much as possible.

Theymos' bitcointalk.org forum has a lengthy history of enabling scammers, such as Butterfly Labs, to advertise their wares to unsuspecting victims. In fact, GAW Miners has been permitted to promote a paid signature campaign on the bitcointalk.org forums for some time.

Qntra first began sounding the alarm in regards suspicious claims made by GAW Miners back in October of 2014 and despite these warnings, it has largely gone ignored until the past few days whereby it has exploded all over /r/bitcoin.

Theymos managed to confuse the names Jeff with Josh, clearly demonstrating he doesn't know who is running what scams via his own forum. It appears Theymos has now fixed this but screenshot anyway.

no one cares about shapeshit 

Most useless site I've ever come across.

ShapeShift.io removes Paycoin from their website. Claims decepiton/fraud.

http://www.reddit.com/r/Bitcoin/comments/2r5irw/shapeshiftio_official_announcement_re_paycoin/