Josh Garza to Launch Paycoin During Media Tour
GAWMiners CEO Josh Garza made a large splash with thePaycoin ICO announcement on Nov 4 where he introduced their first basic version of the White Paper and some details of what would be happening and a roadmap of when. A lot of the feedback was positive since there were 25k new signups for the Hashlet Cloud Mining service. There were also questions raised and many detractors came out, tearing into the announcement on reddit and other forums. With so much both positive and negative feedback, CCN asked Josh Garza for another interview to answer some questions and tell us how the ICO was....
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The much-anticipated launch of PayBase is happening on 12/30/14. This launch follows the launch of PayCoin by GAWMiners. PayCoin launched with a roar drawing in excess of 40 to 50+ peta hash of SHA-256 mining power, the same type used in Bitcoin. Now moved into the POS (Proof of Stake) phase of maintaining the network the next step in its platform PayBase is going live. PayBase is a platform for trading PayCoin, exchange symbol XPY, as well as a portal for much more. CCN was able to speak with Josh Garza on the PayBase and PayCoin launches to go over what to expect. Also read: Josh Garza....
PayCoin-the much-hyped altcoin developed by GAW's Josh Garza-launched on December 12 to much fanfare and a highly-questioned top-tier market cap ranking. However, the PayCoin price has plunged since December 29, perhaps in part due to the recent PayBase security issues, as well as confusion about the full functionality PayBase's Amazon integration. Also read: Josh Garza Speaks On PayBase Launch With Amazon Shopping Using PayCoin. PayCoin Price Plunges. Scores of altcoins launch each month, and most receive little attention. However, PayCoin is one of those rare altcoins with enough funding....
"The poor and the needy are selfish and greedy." -The Smiths. Oh Cryptsy, you've done it again. This time it's not losing customer deposits for months, robbing them of proper exchange rates, hiding customer deposits without telling them, or locking up large sums of money. No one has (yet) sued you over this one. No, this time you've gone and tied your future to the future of Paycoin, the most scam-ridden, hype-driven, fraud-tainted, lie-based altcoin the cryptocurrency world has ever witnessed. This is an op-ed. Also read: Josh Garza Releases A Hit List of Media Outlets. E-mail dumps have....
Recent news has seen a lot of turbulence surrounding the launch of Paycoin and its progenitor, GAW Miners CEO Josh Garza. A polarizing argument has arisen over the value of Paycoin, the Peercoin fork which many feel has too many promised deliverables to be real. At issue, is the perceived value of Paycoin. In a Google Hangout a few months back, Garza promised that PayBase would make it difficult for the price of Paycoin to dip below $20. Since Bitcoin traded under a dollar until February 2011, to many this seemed ambitious in the best light, but the nature of value is in the belief....
Instant altcoin exchange ShapeShift.io chose to remove PayCoin from their platform. Today, altcoin exchangeShapeShift.io formally removed PayCoin (XPY), GAW CEO Josh Garza's controversial altcoin, from their list of accepted coins. Citing PayCoin's (alleged) broken promise to buy PayCoins at $20 each, ShapeShift considers PayCoin a fraud. Also read: Coin-Swap Retires Some Altcoins. PayCoin Delisted from ShapeShift.io. ShapeShift made the announcement in a Reddit post. They explain that they originally added the coin due to customer demand but decided to remove it after allegations that....