Paycoin (XPY) is scam - page 7. | Bitcointalksearch.org

vObh0n]6W

full member

Activity: 210

Merit: 100

Quote from: ?? on ??

Sooooooo... you believe us now ?

https://www.cryptocoinsnews.com/paybase-stops-withdrawals-josh-garza-disappears/

Haha, claims the current price of paycoin is $0.000805.

Tauja

legendary

Activity: 1204

Merit: 1000

Enterapp Pre-Sale Live

Maybe from 0.01 to 0.002 on bittrex
donw..down.. and down more and hard to up again. Angry

inBitweTrust

hero member

Activity: 658

Merit: 501

Quote from: vObh0n]6W on March 23, 2015, 10:58:14 AM

(And we weren't talking at all if it was turning around, just whether the pumps were working. Or at least that's what I thought you were saying.)

Ahh, got you.... Well... I don't think these pumps are "working" in either case. Josh and other daytrading sharks were not able to extract as much as they hoped for out of this pump... 10-20BTC max isn't much when you are expected to pay a cut for the scammer who built paystand. They may have even broke even or taken a loss depending upon how many other investors dumped. All of this is under the context of a large chunk of XPY being frozen due to technical difficulties as well. This shows you that even the paycoin holders are both tapped out , dwindling and giving up.

Additionally, you can almost guarantee that most of that pump came from speculative day traders with a bull trap. Only a small percentage of it came from actual paycoin investors let alone new adopters.

vObh0n]6W

full member

Activity: 210

Merit: 100

Quote from: inBitweTrust on March 23, 2015, 10:45:22 AM

Quote from: vObh0n]6W on March 23, 2015, 10:38:45 AM

The coinstand thing pumped it around 200% for some time, which was more than any of the previous pumps I remember. Of course, the value is lower now than earlier pumps, but it still went from .002 to .006, and more than 20 btc went into that pump. It's not accurate to say that the newer pumps have a low effect, at least percentage-wise.

Looking at percentages is not a fair manner to gauge whether some new feature(scheme) is turning this ship around or not because with the extremely cheap price it is very easy to briefly pump it 200% with a small amount of BTC (~20) before Josh and other sharks take profits from the gullible.

Obviously, I was suggesting a sustained shift and the fact that it crashed so quickly when most of the hashtaker and paybase XPY was tied up due to "technical difficulties" is even scarier how bad its getting. 2 months ago a paystand like announcement wouldn't have crashed the market so quickly was what I was suggesting.

I think more btc went into this pump than some of the other pumps. The 20 btc was from a sell wall that came down in the beginning, it then went on to double, so probably much more was put in. It's still around the same price as before the coinstand announcement, so it looks like it didn't actually crash too much more. By previous pumps it usually ended up lower after it finished.

(And we weren't talking at all if it was turning around, just whether the pumps were working. Or at least that's what I thought you were saying.)

inBitweTrust

hero member

Activity: 658

Merit: 501

Quote from: vObh0n]6W on March 23, 2015, 10:38:45 AM

The coinstand thing pumped it around 200% for some time, which was more than any of the previous pumps I remember. Of course, the value is lower now than earlier pumps, but it still went from .002 to .006, and more than 20 btc went into that pump. It's not accurate to say that the newer pumps have a low effect, at least percentage-wise.

Looking at percentages is not a fair manner to gauge whether some new feature(scheme) is turning this ship around or not because with the extremely cheap price it is very easy to briefly pump it 200% with a small amount of BTC (~20) before Josh and other sharks take profits from the gullible.

Obviously, I was suggesting a sustained shift and the fact that it crashed so quickly when most of the hashtaker and paybase XPY was tied up due to "technical difficulties" is even scarier how bad its getting. 2 months ago a paystand like announcement wouldn't have crashed the market so quickly was what I was suggesting.

vObh0n]6W

full member

Activity: 210

Merit: 100

Quote from: inBitweTrust on March 23, 2015, 10:27:34 AM

Quote from: shanem on March 23, 2015, 09:16:46 AM

xpy is dying a slow death. Look at the long term chart and you can see that all the rallies are just dead cat bounces.
Someone is using these rallies to get rid of their huge position in xpy.

We have already proven that Josh is dumping his insta-mine slowly to cash out and fund his operation with blockchain analysis.

Every single pump scheme is having less and less of an effect as all of the early supporters start to see through the lies and false promises. There is absolutely no way for this coin to recover after the series of scandals and justified anger towards paycoin/GAW. The only thing Josh can do is slow the death of this coin with gimmicks(paystand) and with technical difficulties preventing users selling their coins(paybase/hashstakers).

The coinstand thing pumped it around 200% for some time, which was more than any of the previous pumps I remember. Of course, the value is lower now than earlier pumps, but it still went from .002 to .006, and more than 20 btc went into that pump. It's not accurate to say that the newer pumps have a low effect, at least percentage-wise.

inBitweTrust

hero member

Activity: 658

Merit: 501

Quote from: shanem on March 23, 2015, 09:16:46 AM

xpy is dying a slow death. Look at the long term chart and you can see that all the rallies are just dead cat bounces.
Someone is using these rallies to get rid of their huge position in xpy.

We have already proven that Josh is dumping his insta-mine slowly to cash out and fund his operation with blockchain analysis.

Every single pump scheme is having less and less of an effect as all of the early supporters start to see through the lies and false promises. There is absolutely no way for this coin to recover after the series of scandals and justified anger towards paycoin/GAW. The only thing Josh can do is slow the death of this coin with gimmicks(paystand) and with technical difficulties preventing users selling their coins(paybase/hashstakers).

Meanwhile Josh enjoys driving around in his fleet of cars :

He gave back all his money but still has multiple cars for different weather

And at least one is expensive af

Crestington

legendary

Activity: 882

Merit: 1024

So some 160 posts in 10 hours on reddit, quite the activity, Josh had better release the coins else things will start to get nasty.

Bansheroom

sr. member

Activity: 434

Merit: 250

Quote from: inBitweTrust on March 23, 2015, 09:07:17 AM

Many users are either missing their XPY, or their XPY is frozen in paybase or the hashstakers.

https://www.reddit.com/r/Bitcoin/comments/2zyvvb/paybasecom_has_gone_full_blown_mt_gox_on_everyone

Withdrawals have been stopped for 7 days, GAW refuses to answer why and when they will resume. Josh Garza refuses to answer questions, support threads get closed on hash talk, and if you tweet him, he will block your account. I can’t withdraw bitcoins and they’ve been stuck on PayBase for a week.

Additionally, looks as if our cynicism was correct about paystand. Only a few invites as "beta testers" and most log term supporters left out in the cold complaining. If it was supposed to be a limited release beta test why all the hype and the claims to be sending out hundreds of invites and than more on the way which was clearly not true? This was a deliberate pump scheme to manipulate the price and not a responsible beta testing phase.

Just more FUD and lies from you. Paybase is take care about: https://hashtalk.org/topic/34738/paybase-zencloud-withdraws-deposits/2

And about anyone blocking you on twitter, this may have nothing to do with your tweet, its just you are getting on peoples nerves.

shanem

legendary

Activity: 1344

Merit: 1000

xpy is dying a slow death. Look at the long term chart and you can see that all the rallies are just dead cat bounces.
Someone is using these rallies to get rid of their huge position in xpy.

inBitweTrust

hero member

Activity: 658

Merit: 501

Many users are either missing their XPY, or their XPY is frozen in paybase or the hashstakers.

https://www.reddit.com/r/Bitcoin/comments/2zyvvb/paybasecom_has_gone_full_blown_mt_gox_on_everyone

Withdrawals have been stopped for 7 days, GAW refuses to answer why and when they will resume. Josh Garza refuses to answer questions, support threads get closed on hash talk, and if you tweet him, he will block your account.

Additionally, looks as if our cynicism was correct about paystand. Only a few invites as "beta testers" and most long term supporters left out in the cold complaining. If it was supposed to be a limited release beta test why all the hype and the claims to be sending out hundreds of invites and than more on the way which was clearly not true? This was a deliberate pump scheme to manipulate the price and not a responsible beta testing phase.

MadeinCoin

legendary

Activity: 1386

Merit: 1003

Xpy began to rise the price reaches 0.003 / Xpy, why do people still believe ??

TheMage

hero member

Activity: 812

Merit: 1000

Litecoin Association Director

Quote from: inBitweTrust on March 19, 2015, 08:53:37 AM

Market being manipulated and more delays being orchestrated for the inevitable....

Quote from: -Redacted- on March 19, 2015, 01:26:21 AM

OK - the missing 800 Paycoins are back in the stakers they came from. A curious thing though - the stakers that were due to expire in 2 days now show as having between 16 and 19 days until expiration, not 2 days, so they won't be participating in the Friday dump.

Personal thoughts of Josh's new developer(Paystand)...
https://bitcointalksearch.org/topic/m.8518890

My thoughts are posted directly under his post in that thread.....I think I was quite eloquent with my response, especially the very last part Wink

.

Piston Honda

legendary

Activity: 2730

Merit: 1068

Juicin' crypto

the garbage talk continues and only more ppl will get scammed.

sad.

ppl don't touch this paycoin shit.

inBitweTrust

hero member

Activity: 658

Merit: 501

Market being manipulated and more delays being orchestrated for the inevitable....

Quote from: -Redacted- on March 19, 2015, 01:26:21 AM

OK - the missing 800 Paycoins are back in the stakers they came from. A curious thing though - the stakers that were due to expire in 2 days now show as having between 16 and 19 days until expiration, not 2 days, so they won't be participating in the Friday dump.

Personal thoughts of Josh's new developer(Paystand)...
https://bitcointalksearch.org/topic/m.8518890

inBitweTrust

hero member

Activity: 658

Merit: 501

Possible Accurate projection:

Quote from: Franz_Huber on March 18, 2015, 07:40:03 PM

For Josh Garza the Coinstand scheme has 2 uses:
1. He pumps up his shitcoin for a few weeks, which makes him a lot of money when he dumps more premine.
2. His shills will post a lot of enthusiastic reviews of stuff they supposedly bought on Coinstand. A very limited amount of normal users might get access to Coinstand, too, or maybe none at all. Anyway, Garza will later say paycoin had a 20$ floor - maybe he will even say he "honored" it, even though he has nothing to with Coinstand (that's his usual Garza bullshit logic).

Quote from: -Redacted- on March 18, 2015, 09:18:28 PM

So, all the coins were released from the stakers. My attempt to withdrawal 1102 XPY was denied, and the coins were removed from my Zencloud account. Except for some primes, my stakers were not reloaded, the coins have simply gone missing from my account and from my stakers.

Perhaps this is a solution to the expected Friday dump - simply steal all the coins from the stakers that would have expired. I'm missing about 800 Paycoins from stakers, and this clusterfuck hasn't made me forget that there was no staker payout yesterday or today, either.

inBitweTrust

hero member

Activity: 658

Merit: 501

Quote from: barabbas on March 18, 2015, 07:03:30 PM

Because you dedication, your 24/7 wall-to-wall crusade the divulge ill-informed conclusions brought in by your personal hatred, has obviously misfired. As expected. And in time enough. So no, I do not feel sorry for you at all. I fell sorry for the legs of your chairs that must be chewed up all by now.

Have a nice one. Life, that is.

Ok, I see you really believe Josh will continue trading 20 dollars for 1 dollar and this isn't some short term pump or gimmick going out to some shill accounts and insiders as a PR stunt. Perhaps you are a victim as well or just a scam coin sympathizer.

Josh is already distancing himself from his hired scammer and paystand. This isn't looking good.

Thus far I only count 6 users who have bought something through paystand (real, shill, or insiders?)
https://hashtalk.org/topic/34185/what-did-you-buy-with-xpy

ru55ian
TCinCommand
yoman
MrCoins
DirtFighter
Gremlin123

We will see if any confirm they receive shipment and how many other users start to confirm they received an invite as I hear many impatient victims begging for Josh to give them free money. It will also be interesting to see if this process will repeat itself everyday and who is actually fullfilling these orders if they do indeed ship a product.

barabbas

legendary

Activity: 1162

Merit: 1000

Quote from: inBitweTrust on March 18, 2015, 06:57:15 PM

Quote from: barabbas on March 18, 2015, 06:44:06 PM

I know how you feel.

I wish I could say I feel sorry for you. I won't.

Please elaborate on why you wish you could feel sorry for me. Or are you making ill informed assumptions?

Because you dedication, your 24/7 wall-to-wall crusade the divulge ill-informed conclusions brought in by your personal hatred, has obviously misfired. As expected. And in time enough. So no, I do not feel sorry for you at all. I fell sorry for the legs of your chairs that must be chewed up all by now.

Have a nice one. Life, that is.

inBitweTrust

hero member

Activity: 658

Merit: 501

Quote from: barabbas on March 18, 2015, 06:44:06 PM

I know how you feel.

I wish I could say I feel sorry for you. I won't.

Please elaborate on why you wish you could feel sorry for me. Or are you making ill informed assumptions?

barabbas

legendary

Activity: 1162

Merit: 1000

Quote from: inBitweTrust on March 18, 2015, 04:33:30 PM

Quote from: Bansheroom on March 18, 2015, 03:48:41 PM

It must be hard for you that you have been so wrong, thats maybe the reason why you close your eyes from reality.

I will be proven wrong when 100 million dollars worth of product sells for 20 dollars an XPY. Until than I am skeptical but recommend all GAW victims that get invited (how many... who knows?) buy to the 1k limit as soon as possible before this thing gets shutdown for a possible opportunity in recovering a small percentage of their losses. Anyone else is advised to stay on the sidelines as Josh and this company has a history of dishonesty.

From the look of your history it looks as if we shouldn't trust you either.

I know how you feel.

I wish I could say I feel sorry for you. I won't.

Topic: Paycoin (XPY) is scam - page 7. (Read 79551 times)