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Re: GAW / Josh Garza discussion. Paycoin XPY CoinStand Mineral. ALWAYS MAKE MONEY :)
The scamdog Cmilian lying directly to the chumps that trust him with their coins:
Ya, "someone" removed 600,000+ XPY OUT of the BTClend wallet and staked them with the leaked Hyperstaking keys for 7 hours in one chunk (1,100+XPY) and then split them into three 125,000 XPY wallets and proceeded to let them stake and compound for a couple days, until I personally discovered this and with the help of some other members here positively traced it back to BTClend.
So which is it? Are you a complete and total fucking liar when you say the coins in BTClend are secure, or are you a total fucking liar when you say someone else moved those coins and did you a favor by going through all the trouble of inserting one of the leaked Hyperstake keys into some wallets and letting them run until you were caught? Common sense says it is the latter, that you personally moved those coins and are making up a pathetically unbelievable lie to cover your scammer ass. Cmilian, I know you read this, which is why you knew that I busted your lying scamdog ass using the Hyperstake keys. Message to Cmilian : You are a complete and total lying asshat and a sorry excuse for anything that could be considered trustwaorthy. I will make it my personal hobby to expose what a lying asshole you and your scamdog partner Homero are.
https://hashtalk.ch/topic/37316/btclend-caught-using-leaked-prime-controller-key-to-stake-funds-they-hold/14
Archive: https://archive.is/OwS3T
P.S: Cmilian: I will accept a small token of appreciation for the time I spent uncovering that "someone" in your organization made off with over 600,000 XPY from the BTClend wallets. I think 2 BTC is fair for saving your entire business, since you are not capable of securing your customer's coins yourself.
Ya, "someone" removed 600,000+ XPY OUT of the BTClend wallet and staked them with the leaked Hyperstaking keys for 7 hours in one chunk (1,100+XPY) and then split them into three 125,000 XPY wallets and proceeded to let them stake and compound for a couple days, until I personally discovered this and with the help of some other members here positively traced it back to BTClend.
So which is it? Are you a complete and total fucking liar when you say the coins in BTClend are secure, or are you a total fucking liar when you say someone else moved those coins and did you a favor by going through all the trouble of inserting one of the leaked Hyperstake keys into some wallets and letting them run until you were caught? Common sense says it is the latter, that you personally moved those coins and are making up a pathetically unbelievable lie to cover your scammer ass. Cmilian, I know you read this, which is why you knew that I busted your lying scamdog ass using the Hyperstake keys. Message to Cmilian : You are a complete and total lying asshat and a sorry excuse for anything that could be considered trustwaorthy. I will make it my personal hobby to expose what a lying asshole you and your scamdog partner Homero are.
https://hashtalk.ch/topic/37316/btclend-caught-using-leaked-prime-controller-key-to-stake-funds-they-hold/14
Archive: https://archive.is/OwS3T
P.S: Cmilian: I will accept a small token of appreciation for the time I spent uncovering that "someone" in your organization made off with over 600,000 XPY from the BTClend wallets. I think 2 BTC is fair for saving your entire business, since you are not capable of securing your customer's coins yourself.
I dont think 10 Primes are worth the risk of damaging our business. Good thing you caught this. It would have been great if you had reach out to me directly so that it could have been taken care off sooner. However, I dont expect for you to do the right thing. That would have been done if you had good intentions, on the other hand you are just looking to cause damage.
Again, just cause you curse and lack of respect for anyone does not mean you are right. You my friend are nothing but a bully. I wish I had you in front of me. OH wait, just occurred to me you hide in anonymity. No wonder.
Typical lack of respect for someone who has helped you avert disaster, if your insane story about how some "rogue developer" took over 600,000 XPY from BTClend wallets and set them up to use the released Hyperstaking keys is to be believed. If I choose to remain anonymous online that is my right. I am not selling anything or asking people to trust me with their coins. I can post an address to accept the gift of those free XPY that you do not know what to do with. Seems appropriate to reward someone who spent time doing your work for you. Please let me know if you would rather gift me 2 BTC or the "rogue staked XPY", I will accept either.
Yeah.... I wish I can give you respect, but I have a feeling that you only get respect from those who fear you. Hey but thanks for always thinking of us and giving us FREE marketing.
Re: GAW / Josh Garza discussion. Paycoin XPY CoinStand Mineral. ALWAYS MAKE MONEY :)
I dont think 10 Primes are worth the risk of damaging our business. Good thing you caught this. It would have been great if you had reach out to me directly so that it could have been taken care off sooner. However, I dont expect for you to do the right thing. That would have been done if you had good intentions, on the other hand you are just looking to cause damage.
Again, just cause you curse and lack of respect for anyone does not mean you are right. You my friend are nothing but a bully. I wish I had you in front of me. OH wait, just occurred to me you hide in anonymity. No wonder.
So what are you going to do with the 4K XPY if not use them as a bounty? Donate them to charity?
These will be burned.
Re: GAW / Josh Garza discussion. Paycoin XPY CoinStand Mineral. ALWAYS MAKE MONEY :)
The scamdog Cmilian lying directly to the chumps that trust him with their coins:
Ya, "someone" removed 600,000+ XPY OUT of the BTClend wallet and staked them with the leaked Hyperstaking keys for 7 hours in one chunk (1,100+XPY) and then split them into three 125,000 XPY wallets and proceeded to let them stake and compound for a couple days, until I personally discovered this and with the help of some other members here positively traced it back to BTClend.
So which is it? Are you a complete and total fucking liar when you say the coins in BTClend are secure, or are you a total fucking liar when you say someone else moved those coins and did you a favor by going through all the trouble of inserting one of the leaked Hyperstake keys into some wallets and letting them run until you were caught? Common sense says it is the latter, that you personally moved those coins and are making up a pathetically unbelievable lie to cover your scammer ass. Cmilian, I know you read this, which is why you knew that I busted your lying scamdog ass using the Hyperstake keys. Message to Cmilian : You are a complete and total lying asshat and a sorry excuse for anything that could be considered trustwaorthy. I will make it my personal hobby to expose what a lying asshole you and your scamdog partner Homero are.
https://hashtalk.ch/topic/37316/btclend-caught-using-leaked-prime-controller-key-to-stake-funds-they-hold/14
Archive: https://archive.is/OwS3T
P.S: Cmilian: I will accept a small token of appreciation for the time I spent uncovering that "someone" in your organization made off with over 600,000 XPY from the BTClend wallets. I think 2 BTC is fair for saving your entire business, since you are not capable of securing your customer's coins yourself.
Ya, "someone" removed 600,000+ XPY OUT of the BTClend wallet and staked them with the leaked Hyperstaking keys for 7 hours in one chunk (1,100+XPY) and then split them into three 125,000 XPY wallets and proceeded to let them stake and compound for a couple days, until I personally discovered this and with the help of some other members here positively traced it back to BTClend.
So which is it? Are you a complete and total fucking liar when you say the coins in BTClend are secure, or are you a total fucking liar when you say someone else moved those coins and did you a favor by going through all the trouble of inserting one of the leaked Hyperstake keys into some wallets and letting them run until you were caught? Common sense says it is the latter, that you personally moved those coins and are making up a pathetically unbelievable lie to cover your scammer ass. Cmilian, I know you read this, which is why you knew that I busted your lying scamdog ass using the Hyperstake keys. Message to Cmilian : You are a complete and total lying asshat and a sorry excuse for anything that could be considered trustwaorthy. I will make it my personal hobby to expose what a lying asshole you and your scamdog partner Homero are.
https://hashtalk.ch/topic/37316/btclend-caught-using-leaked-prime-controller-key-to-stake-funds-they-hold/14
Archive: https://archive.is/OwS3T
P.S: Cmilian: I will accept a small token of appreciation for the time I spent uncovering that "someone" in your organization made off with over 600,000 XPY from the BTClend wallets. I think 2 BTC is fair for saving your entire business, since you are not capable of securing your customer's coins yourself.
I dont think 10 Primes are worth the risk of damaging our business. Good thing you caught this. It would have been great if you had reach out to me directly so that it could have been taken care off sooner. However, I dont expect for you to do the right thing. That would have been done if you had good intentions, on the other hand you are just looking to cause damage.
Again, just cause you curse and lack of respect for anyone does not mean you are right. You my friend are nothing but a bully. I wish I had you in front of me. OH wait, just occurred to me you hide in anonymity. No wonder.
I am taking a poll to decide the fate of the Cryptsy Prime Controller. Why a poll? Because though a few outspoken forum members wish us to destroy it we would like to be sure that the majority feel this should be the fate.
Some members felt that we should also de-list the coin due to Mr Garza's involvement. At this point it is my opinion that the only people affected by such a move would be the current stakeholders who would lose a large amount of value in their holdings. So at this time a de-listing is unlikely.
To reiterate the only dealings Cryptsy has had with Mr Garza was as a customer. There was no formal relationship. I can assure you all legal steps taken in regard to that situation have been taken. Most of you realize we cannot release more information than that for legal reasons.
We will leave the poll up for a week or two. Thanks for your participation.
Click Here to vote
Some members felt that we should also de-list the coin due to Mr Garza's involvement. At this point it is my opinion that the only people affected by such a move would be the current stakeholders who would lose a large amount of value in their holdings. So at this time a de-listing is unlikely.
To reiterate the only dealings Cryptsy has had with Mr Garza was as a customer. There was no formal relationship. I can assure you all legal steps taken in regard to that situation have been taken. Most of you realize we cannot release more information than that for legal reasons.
We will leave the poll up for a week or two. Thanks for your participation.
Click Here to vote
Thanks for posting the Pool. You are correct, Delisting will only hurt only those who are already hurting and stilol have some hope on XPY getting somewhere. On top of that, those who want the coin delisted could care less for XPY holders. They have no stake in it. Its like voting for another countries government. They should have no say in what does not affect them.
They will say,its a scam, I hate GAW, Josh is the devil, etc etc. They need to understand that even if it was a coin originated via a scam. (I honestly think it was not a scam, I believe it was delivered by a dreamer without the means or the ability to execute.) It is already a crypto currency in the wild that although low still has a value.
My humble opinion. I will now logout of BCT, I do not enjoy bad language
I believe that delisting of a coin should be based on its demand as with any other coin. Not because of obvious hate campaigns.
Re: GAW / Josh Garza discussion. Paycoin XPY CoinStand Mineral. ALWAYS MAKE MONEY :)
hahahahahahha 
heres another DKIM signed bundle of joy
Coinbase says to Josh;
http://pastebin.aquilenet.fr/?51f62cf0c418a965#9CJgGcWQk3b1QOfMzczxEwByJdttx7SSkRNiZv5Gt04=
heres another DKIM signed bundle of joyCoinbase says to Josh;
Quote
Brock replied:
Hello Josh,
Upon our last review of your Coinbase account, we have determined that we can no longer provide you with access to Coinbase Services. Please understand that Coinbase is a regulated Money Service Business under the FinCEN division of the U.S. Treasury Department and as such, we are required to review accounts in order to ensure compliance with regulations and/or our terms of use. In your case, after careful consideration, we have determined that you have violated one or more of our Terms of Use.
Additionally, once our Terms have been violated we cannot reinstate an account. This has been communicated by email in a previous case.
Please note, that we have not blocked access to the bitcoin balance currently in your Coinbase account; while we can no longer process transactions of this bitcoin via our banking relationship, you may send this bitcoin to a local wallet or another bitcoin address.
Respectfully,
The Coinbase Team
Hello Josh,
Upon our last review of your Coinbase account, we have determined that we can no longer provide you with access to Coinbase Services. Please understand that Coinbase is a regulated Money Service Business under the FinCEN division of the U.S. Treasury Department and as such, we are required to review accounts in order to ensure compliance with regulations and/or our terms of use. In your case, after careful consideration, we have determined that you have violated one or more of our Terms of Use.
Additionally, once our Terms have been violated we cannot reinstate an account. This has been communicated by email in a previous case.
Please note, that we have not blocked access to the bitcoin balance currently in your Coinbase account; while we can no longer process transactions of this bitcoin via our banking relationship, you may send this bitcoin to a local wallet or another bitcoin address.
Respectfully,
The Coinbase Team
http://pastebin.aquilenet.fr/?51f62cf0c418a965#9CJgGcWQk3b1QOfMzczxEwByJdttx7SSkRNiZv5Gt04=
Interesting. What is the date? (Edit: it's December 30, 2014, so before this exchange with Cmilian)I was just going over some Emails between Josh & Cmilian where they were discussing trying to create some scheme to enable suckers to put fiat into Coinbase and purchase XPY. Carmelo (Cmilian) actually says "We could CLONE Coinbase".
A gem asskissing Email from Cmilian to his scamdog hero Homero:
And some more:
And this beauty:
And this:
BTCLend was started with Homero's backing, using GAW developers and other assets. And now, coincidentally, Cmilian has "rented" some Prime Controllers to "help out" with the sham scam xpystaker scheme....
LOL , you forgot the one about me and Josh planning to destroy the world! Hilarious! Thanks for making my day
BTCLend is offering to pay back your loans.
All A and A+ Rating loans will be paid back by BTCLend. As simple as that. If your Credit Rating at BTCLend is A or A+ you dont pay back your Loan.
All you have to do is the following:
1. Open account at BTCLend.org and get verified
2. Link Account with your BTCLend Wallet.
3. USE your XPY as collateral.
4. Get a Loan for up to 80% of your collateral value.
5. Investors fund it.
6. You withdraw your BTC.
7. BTCLend make payments for you to investors.
8. You spend your BTC and ask yourself, how can it be?
9. You wait for your loan to get paid back by BTCLend and do it all over again.
10. You think you are scamming BTCLend. How can I get loans and not to have to pay back.
11. You tell your friend to come in and get a piece of the action...
12. You friend think that you have found a loop whole at BTCLend and have irc chats and laugh at how you are scamming BTCLend.
14. All along you have been helping XPY liquidity by holding it as collateral in exchange for nice, clean BTC from investors.
All A and A+ Rating loans will be paid back by BTCLend. As simple as that. If your Credit Rating at BTCLend is A or A+ you dont pay back your Loan.
All you have to do is the following:
1. Open account at BTCLend.org and get verified
2. Link Account with your BTCLend Wallet.
3. USE your XPY as collateral.
4. Get a Loan for up to 80% of your collateral value.
5. Investors fund it.
6. You withdraw your BTC.
7. BTCLend make payments for you to investors.
8. You spend your BTC and ask yourself, how can it be?
9. You wait for your loan to get paid back by BTCLend and do it all over again.
10. You think you are scamming BTCLend. How can I get loans and not to have to pay back.
11. You tell your friend to come in and get a piece of the action...
12. You friend think that you have found a loop whole at BTCLend and have irc chats and laugh at how you are scamming BTCLend.
14. All along you have been helping XPY liquidity by holding it as collateral in exchange for nice, clean BTC from investors.
Re: GAW Miners Paybase Paycoin unofficial uncensored discussion.ALWAYS MAKE MONEY :)
I will be back, Family time calls. Please feel free to ask any questions you have at the support link if any. I cant be here all the time to answer your questions as I would like. https://btclend.zendesk.com/
Thank you for the smart questions and your honest opinions.
Thank you for the smart questions and your honest opinions.
Re: GAW Miners Paybase Paycoin unofficial uncensored discussion.ALWAYS MAKE MONEY :)
The other 2 people making up your company. Are they registered at hashtalk.org and do they post there?
Yes they are in hashtalk, BTCLend was founded in a discussion at Hashtalk. Not sure they post here. This is not the most welcoming community. I come and go, specially when doing research on altcoins configuration for mining. To be honest I dont dare to ask many questions here. I tried that once two years ago when I started in Crypto and it was hard to ask questions without getting some rude people comments in.
Re: GAW Miners Paybase Paycoin unofficial uncensored discussion.ALWAYS MAKE MONEY :)
Quote
Like I said, I am invested, meaning that I hold coin. I rather not works towards damaging XPY if I own XPY, just comon sense in my book. And yes, you are correct. It may end up being zero and I may lose all my XPY
Quote
am the one that hold the least. Only 2500 XPY
$1400 worth so create this company to save it. How much did you invest in this company you are CEO of? And what qualifications do you have? Are you not this photographer?
https://www.facebook.com/pages/Carmelo-Milian-Photography/254720801215253?sk=info&tab=page_info
I did not create this company to save my XPY. I created because I saw a business model that will be successfully profitable while benefiting its customers. It would be very dumb to build a company to save 2000 xpy wouldn't it ?
I wish I was a photographer, It is my hobby I love it, specially fashion photography. But I can not really be called a photographer. Do you have anything against the Art of Photography?
ohhh sorry, forgot to mention my background. 13 Years as a Business Operations Consultant for Microsoft. Then Lots of Development. You can find me in Linked in together with lots of recommendations and history.
Re: GAW Miners Paybase Paycoin unofficial uncensored discussion.ALWAYS MAKE MONEY :)
Quote
KInd of hard to be in bad standing after just 1.5 months up isnt it?
Incorporation Date / Formation Date: 12/02/2014
Correct. We are just a bit over a month old. We launched at the Miami Bitcoin Conference.
Re: GAW Miners Paybase Paycoin unofficial uncensored discussion.ALWAYS MAKE MONEY :)
Are any of these you, assorted IT, software companies? This page and the next page:
http://search.sunbiz.org/Inquiry/CorporationSearch/SearchResults?InquiryType=OfficerRegisteredAgentName&inquiryDirectionType=PreviousList&searchNameOrder=MILIANCARMELO%20L110000928701&SearchTerm=Milian&entityId=L11000092870&listNameOrder=MILIANCARMELO%20L110000928701
http://search.sunbiz.org/Inquiry/CorporationSearch/SearchResults?InquiryType=OfficerRegisteredAgentName&inquiryDirectionType=PreviousList&searchNameOrder=MILIANCARMELO%20L110000928701&SearchTerm=Milian&entityId=L11000092870&listNameOrder=MILIANCARMELO%20L110000928701
Onsetready was. Used it for mobile development projects. I was Working for Microsoft back then and since I was building my own Windows Phone apps I wanted to keep them separated. No longer a company.
Re: GAW Miners Paybase Paycoin unofficial uncensored discussion.ALWAYS MAKE MONEY :)
Which one are you the CEO of?
http://search.sunbiz.org/Inquiry/CorporationSearch/SearchResults?InquiryType=OfficerRegisteredAgentName&inquiryDirectionType=PreviousList&searchNameOrder=MILIANCARMELO%20L110000928701&SearchTerm=Milian&entityId=L11000092870&listNameOrder=MILIANCARMELO%20L110000928701
What's the registered company name that you are the CEO of?
http://search.sunbiz.org/Inquiry/CorporationSearch/ByName
http://search.sunbiz.org/Inquiry/CorporationSearch/SearchResults?InquiryType=OfficerRegisteredAgentName&inquiryDirectionType=PreviousList&searchNameOrder=MILIANCARMELO%20L110000928701&SearchTerm=Milian&entityId=L11000092870&listNameOrder=MILIANCARMELO%20L110000928701
What's the registered company name that you are the CEO of?
http://search.sunbiz.org/Inquiry/CorporationSearch/ByName
Wrong place to search. Its BTCLend, LLC in Delaware.
https://delecorp.delaware.gov/eCorp/LoginAnnualReportsCLF
It another example of how if I was not here someone would post something like this and intermediately call it a scam. Why not ask and get it provided instead of implying?
KInd of hard to be in bad standing after just 1.5 months up isnt it?
I just paid 10 Dollars to see it and It said good standing but it also said not a certificate. To get a certificate I will need to send $50 and a letter in writing or will get it in tax submit. We are just 1 month and a half old.
So if someone here wants to pay the $10 and get a screenshot and paste it here I will pay you in BTC right back.
Let it be a trusted member of your community, not one looking to edit a document and mess with us.
https://delecorp.delaware.gov/tin/GINameSearch.jsp?frmFileNumber=
THIS IS NOT A STATEMENT OF GOOD STANDING
Please don't be getting 100 Screenshots and have me pay 100 times 10 BTC. If you are to do this, discuss and do it right.
Re: GAW Miners Paybase Paycoin unofficial uncensored discussion.ALWAYS MAKE MONEY :)
You set an interest rate based on the value of the collateral, right? Otherwise, why have it? So does the interest rate change as the value of XPY changes if you're using that as collateral on the loan?
Because this could work if it's all variable interest rate based on the value of XPY.
Because this could work if it's all variable interest rate based on the value of XPY.
Actually, the interest is set by the borrower. Its up to the investor to accept. we expect for the market to dictate that thou. Obviously low interest loans take longer to get funded.
Re: GAW Miners Paybase Paycoin unofficial uncensored discussion.ALWAYS MAKE MONEY :)
How to fix paycoin
1. create a mandatory update for the wallet that blacklists all exchanges except paybase.
2. don't allow any value under $20.00 to be entered on paybase.
So simple
1. create a mandatory update for the wallet that blacklists all exchanges except paybase.
2. don't allow any value under $20.00 to be entered on paybase.
So simple
Hold it there Fidel
Re: GAW Miners Paybase Paycoin unofficial uncensored discussion.ALWAYS MAKE MONEY :)
Which one are you the CEO of?
http://search.sunbiz.org/Inquiry/CorporationSearch/SearchResults?InquiryType=OfficerRegisteredAgentName&inquiryDirectionType=PreviousList&searchNameOrder=MILIANCARMELO%20L110000928701&SearchTerm=Milian&entityId=L11000092870&listNameOrder=MILIANCARMELO%20L110000928701
What's the registered company name that you are the CEO of?
http://search.sunbiz.org/Inquiry/CorporationSearch/ByName
http://search.sunbiz.org/Inquiry/CorporationSearch/SearchResults?InquiryType=OfficerRegisteredAgentName&inquiryDirectionType=PreviousList&searchNameOrder=MILIANCARMELO%20L110000928701&SearchTerm=Milian&entityId=L11000092870&listNameOrder=MILIANCARMELO%20L110000928701
What's the registered company name that you are the CEO of?
http://search.sunbiz.org/Inquiry/CorporationSearch/ByName
Wrong place to search. Its BTCLend, LLC in Delaware.
https://delecorp.delaware.gov/eCorp/LoginAnnualReportsCLF
It another example of how if I was not here someone would post something like this and intermediately call it a scam. Why not ask and get it provided instead of implying?
Re: GAW Miners Paybase Paycoin unofficial uncensored discussion.ALWAYS MAKE MONEY :)
Let's assume you're not a scammer, and I'll walk through an example.
Let's say I have 2,000,000 XPY. Let's say XPY = .002 BTC today.
So, I send you 1,000,000 XPY and get 2,000 BTC.
Then, I sell 1,000,000 XPY on the market, which sends the price to .... well, practically to zero. Let's be generous and say that there's a million for sale around .00001 BTC.
Then I take 10 BTC, buy 1,000,000 XPY from desperate people, and pay back the loan.
You're out 1,990 BTC. I'm 1,990 BTC richer.
In a shallow market, how can you possibly avoid losing money?
Let's say I have 2,000,000 XPY. Let's say XPY = .002 BTC today.
So, I send you 1,000,000 XPY and get 2,000 BTC.
Then, I sell 1,000,000 XPY on the market, which sends the price to .... well, practically to zero. Let's be generous and say that there's a million for sale around .00001 BTC.
Then I take 10 BTC, buy 1,000,000 XPY from desperate people, and pay back the loan.
You're out 1,990 BTC. I'm 1,990 BTC richer.
In a shallow market, how can you possibly avoid losing money?
1. You do not send me any XPY. You just authorize for your XPY to be locked from getting sold until loan is paid off.
2. You don't pay back with XPY. You borrow BTC, you pay back BTC. XPY is there only as a security blanket in case you don't pay.
Why would you go thru all that trouble. You can just got to BTCJam and run with anyone's 10 BTC.
Remember at BTCLend you will get verified before you take a loan. Again, We aim to protect investors. Its a peer to peer lending business.
You are stuck in XPY, XPY is distracting your view of BTCLend. It isjust a variable to be used or not used.
Re: GAW Miners Paybase Paycoin unofficial uncensored discussion.ALWAYS MAKE MONEY :)
In summary:
We are available via our support links at any time for real and honest questions. There are a lot of smart people here. Its always good to get your feedback and it can only make us better.
- We are a peer to peer lending company just like BTCJam but with the Collateral Factor.
- We use Coinbase integration so that we don't hold coins. We do not want to hold coins.
- We will integrate many partners that will bring collateral to BTCLoans, Some collateral will always be more stable than others, as in your bank. Your home can be use as collateral, the bank may lose or may gain. Your home may go up and down in value
- Our goal is to protect you as an investor of BTC. This is why banks use collateral and this is why we wanted to integrate it.
We are available via our support links at any time for real and honest questions. There are a lot of smart people here. Its always good to get your feedback and it can only make us better.
Re: GAW Miners Paybase Paycoin unofficial uncensored discussion.ALWAYS MAKE MONEY :)
@cmilian: The complete idiocy of this plan boggles the mind, I can now see why you are targeting the fools who are deeply invested in Paycoin. What you are doing is offering every XPY bagholder an opportunity to cash in on today's XPY value, which can usually be moved 20-30% with a couple thousand dollars. SO, they pump up the XPY price (or better yet, let others do it- like Friday), get the loan at the current inflated value, and then let your investors hold the bag after the market deflates from the pump, along with the usual downward trajectory of XPY that will occur during the life of the loan. Then you factor in that there are people holding so much XPY (MILLIONS-literally) that they have no idea what to do with it and this is a sure way to find failure for your investors. Fucking Brilliant. And yes, I chose that word quite carefully because it fits perfectly. Add on top of that the fact that you openly admit to being a large holder of an "investment" in XPY that plummets in value every day (And the "company" you are CEO of is designed to make it dive more) and we have pure Paycoin Idiocy in one neat package.
Paycoin as Collateral is only one of the collateral options that will be available. As an investor, Do you rather do trusted based only loans? Is that safer?
Also, how are the XPY holders a target? Please explain.
Re: GAW Miners Paybase Paycoin unofficial uncensored discussion.ALWAYS MAKE MONEY :)
What I am seeing here is that you are allowing BTC loans with XPY at current value as collateral, and then paying back the loan (after default) with XPY at the new current rate (always lower). That = ability to short XPY. That sir, is completely insane.
I'd take advantage of this, but it's not worth the risk that these BTCLend people will just cut and run after a "hack" or whatever before they actually issue the loan.
Yeah, this guy is talking in circles and makes no sense.
We have sustained a few attacks already. We do not hold coins. We use Coinbase integration. We do not want to Hold coins. Where are the circles I am talking? is there a question I have not answered? Wow!