Tag: gaw

Garza Shuts Down Zenminer Mining Services Without Notice

It has come as a shock to the system and the turning point for many Bitcoin mining services, but with the price slowly falling and falling many have been pushed out of the game. With PB mining already out and even CEX.IO anouncing their temporary leave, the future of Bitcoin looks uncertain. Now it comes as a a shocking announcement (but not for some who may have anticipated this sort …
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PayCoin To Launch Honor Program Including $20 A Coin Floor

Paybase has officially announced that it will be honouring its promise to create a $20 floor for the PayCoin. In a short blog post all was revealed as the PayCoin boss Josh Garza unveiled the PayCoin Honour Program. The Honour program consisted of many new updates to the Paycoin network such as the coins will be held in a vault operated by a independent company. As juicy and interesting as …
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Cryptocurrency News Sources Under Public Scrutiny

Happy New Year So far, the start of 2015 has been a dramatic one for Crypto. In the world of scandals, an old saying goes, “There is no such thing as bad publicity.” These last three days had an avalanche of bad press for PayCoin – the altcoin backed by Josh Garza/GAW miners. But, in the Bitcoin world, negative publicity means a loss of 70% in value within 72 hours. …
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PayCoin – The Next Big Scam In Crypto

What is paycoin? PayCoin (XPY) an altcoin backed by GAW miners, which is believed to be a scam, recently joined the Top 5 club of cryptocurrencies according to its market valuation on CoinMarketCap. At the time of valuation, PayCoin was also informally launched on 16th December with an initial investment of $54.5 million brought into the market. It is also believed that PayCoin is part of a ponzi scheme with …
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