Quote from: jimlite on January 19, 2015, 01:38:57 AM

Quote from: KC6TTR on January 19, 2015, 01:20:09 AM

Quote from: bubbaj on January 19, 2015, 12:18:04 AM

Well I can't complain as GAW keeps delivering me a profit who would of thought that you could buy paycoin for 1 cent then send it to cryptsy and sell it for $2 a 200% profit. Lucky me I suppose, first I get the $20 pay base price on day 1 and then I get the 1 cent price. I have never had so much fun. Just a shame the XPY hot wallet run out before I could get all of mt XPY out. Oh well have to be happy with a 4 BTC profit in 30 minutes.
I just wonder when they may unlock my account.

This is where I call "BS". No one was able to grab @ $0.01/XPY. The lowest successful buys were at $0.10/XPY and those have been reportedly reversed. Likewise, no one has seen $0.000001 of that "promised" $20 buy-back. Nice try.

Scott-

It's not BS. I know of people that during the crash created by payflash, they were able to buy XPY with the btc they had in paybase for about a decimal place less. Where XPY was normally 0.015 btc, it crashed on paybase to like 0.0015 btc (not a penny, but cheap). Some of those people then transferred the bought XPY to their wallets, cryptsy, or bittrex. So there is no way for GAW to reverse those trades. However if the xpy was not withdrawn before paybase went down, those trades were reversed and I also hear some people have negative btc account values, which is impossible since you can't short XPY or BTC on paybase. So looks like GAW programmers screwed up once again, need to zero out negative balances, clean things up and re-program payflash.

I was calling that specific author's post BS.

Re: the XPY value
As I said, the lowest successful buys were at $0.10 (0.0005 BTC). At 0.0015 BTC, it was still $0.30 (30 cents/XPY). I am sure GAW has or will send out their typical "pay us back or we will have our legal counsel get you" like they did after their buy 1 hashlet code, get 25 actual hashlets debacle. Either way, just as GAW has no refunds, once a trade has been made, GAW has no legal recourse. Like it or not, the deal(s) are done. We're not playing with virtual miners anymore. Another reason why securities are regulated.

Scott-