This is how Josh manipulates his clients :
https://hashtalk.org/topic/25119/gaw-is-about-to-move-the-markethttps://archive.today/erGhzI have heard many of you ask:
Since Paybase will buy our coins at $20, what's stopping me from buying now at a lower price and selling?
The answer is: all the enterprise accounts we just set up at all the major exchanges. We are going to start aggressively pushing the market up ourselves.
Want to know how we will offer a $20 floor? The answer is easy. We will move the market with our buying power. The market will be above the floor.
Plus, all the coins purchased on Paybase will be purchased from the market!
While the delay for Paybase is unfortunate, it does have a silver lining.
Monday marks the first week day for POS.
It's show time.
My little bots are everywhere.
@Allen1980s I threw the one up ok cryptsy. Just for you
https://hashtalk.org/topic/25190/what-floorhttps://twitter.com/gawceo/status/547037721727107072https://archive.today/CVIzaDid someone say something about a floor?
Target price is $25.$25 is where we take a breath #XPY
Indicating that he is directly manipulating the market for a target price of 25USD instead of 20USD to get more of his existing clients and new greedy victims to buy in. Over the last 5 hours we have seen his wall shoot the market up to ~16USD to than crash to around ~13.8USD far short of 25 dollar wall. They are combining the spam marketing promotion with social marketing hype to feed off of their quick market manipulation which is trivial to do with such thin volume.
Than he goes on to hedge his bets from the disappointing turnout by making comments like this:
https://hashtalk.org/topic/25210/i-am-calling-on-you
I am calling on you not to look at XPY as a stock or profit vehicle.
That's the exact thinking that makes BTC the way it is.
XPY is a currency; it should be treated like you treat your cash. Spend it on things.
Right now, rather than play the market to make a quick buck, call friends and store owners.
Paycoin happens when we work together, and it will mean setting aside some short-term upsides.
We have done a lot of work to get XPY here.
I am calling on the community to rise to this challenge.
I appreciate your belief in mining HPs to make this day happen. But the truth is, it's far from the first time others have invested in a coin.
So let's pat ourselves on the back and move on to the stage where most coins fail.
Let's do the thing no one has ever done, let's forego short-term profit to make this something bigger than ourselves.
I know many of you need access to cash, so I am not asking those of you.
Keep in what you can, and stand behind XPY.
Now is when it matters most.
Which is ridiculous because there has been practically no merchant adoption of the coin(Another lie / exaggeration by Josh) and paybase still isn't open so he is asking people to spend it on things when they cannot while simultaneously pumping it as a get rich scheme with that spam blast and than chastising people for treating XPY like a profit vehicle.
You are being manipulated and this is going to end badly.