Bitcoin Forum

Some background:
CEO of GAW miners went on a public rant trying to promote his new venture saying that they had partnerships with big companies like Target, Amazon, and Walmart... This was followed by a bounch of other such statements.

Coinfire covered this, stating the obvious. That he was outright lying.

Here's an archived version of a catched page containing the article:
https://archive.today/gCnQW

Why a catched version? Hours after the article went public, It caused a lot of people to be furious. Coinfire was hacked and people started thinking it was GAW that hacked into the website.

https://www.reddit.com/r/Bitcoin/comments/2n71hm/coinfire_hacked/
https://www.reddit.com/r/Bitcoin/comments/2n7c9r/coinfire_publishes_article_with_details_about_gaw/

Apparently "GAWCEO" didn't really do much to defend his company against those accusations. He went on to say that the alexa rank of coinfire wasn't important enough for them to care about it. But guess what, the hashtalk post where he said that is now down as well.

Read the comments in those two posts. There's a good chance they'll make you want to laugh at GAW and Josh. People have started realising what's going on, and since Paycoin was supposed to be the next big thing, it's certainly not off to a good start. Not to mention all those marketing efforts to overhype it being thrown to the dumpster.

What's after this? Do you think this is a situation the scheme GAW has built can survive? Or they done fucked up for good?

---

Edit:
More posts from reddit:
https://www.reddit.com/r/Bitcoin/comments/2n9vrw/what_the_hell_is_going_on_at_gaw_miners/
https://www.reddit.com/r/Bitcoin/comments/2n9x7q/gaw_asks_community_to_troll_the_trolls_in/ Archived page: https://archive.today/7WNoH

https://www.reddit.com/r/Bitcoin/comments/2nigt1/gaw_miners_is_announcing_their_new_scam_paybase/
https://www.reddit.com/r/Bitcoin/comments/2nivi0/gaw_miners_take_down_notice_to_coin_fire/

They forced their hundreds of thousands of user's accounts into enabling 2fa, without being able to disable it, before they can withdraw ANY bitcoin. Plus, they pushed their "ICO" back 2 weeks so they can rake more free profits from people pointing their hashlets at "HashPoint" pool AKA store credit to buy this magical $20 coin with for $4. So, they done goofed to say the least.

What is it now? Everybody needs to hve their own thread about GAW? There are already 3 active ones in this section, all about the same thing.

i can withdrawal BTC and have no 2FA.

I originally posted this in the speculation section, a mod decided to move it here. The other posts you mention are about slightly different topics anyway.

I don't see any proof of him sayin "he had partnerships" in the article or anywhere else. Where is this outright lie you're talking about?
As for the hack, I don't support it, but I doubt it was done by GAW employees. You don't need to be smarter than the average to know that such things bring more publicity to the victim, not the attacker.
Staging this would be a smart move by coinfire. A lot of people will hear about them after they hype it as an attempt to shutdown free media.

So then he essentially lied when he posted it on HT that you will be able to make purchases with paycoin at target, walmart, and amazon.  He said it on his official announcement when it was called hashcoin. 

It doesn't mean that he already had established partnerships. The word will is also used to express opinion or promise. ;)

At least they deliver products.

He never said any of those names, just that there where large retailers involved. And about the ICO, it has always been so that only after ICO 2 hashpoints would be able to be converted to Paycoins. They just gave everybody another 2 weeks of hashpoins mining instead of waiting for 2 weeks and only be able to mine BTC.

Get your facts together!

LOL @ the plebes frantically scurrying around trying to sanitize the interent. There are enough witnesses to jail that liar for stating factually the three companies are in partnership with him.

Oh wait I think you need to check your facts.

http://gawminers.eu/news/hashbase-visa-hashcoin-prelude/ (http://gawminers.eu/news/hashbase-visa-hashcoin-prelude/)
http://bitcoinchangeclub.org/blog/tag/hashcoin/ (http://bitcoinchangeclub.org/blog/tag/hashcoin/)
https://www.linkedin.com/today/post/article/20141101202832-161480692-new-digital-currency-is-poised-to-eclipse-bitcoin (https://www.linkedin.com/today/post/article/20141101202832-161480692-new-digital-currency-is-poised-to-eclipse-bitcoin)

Please read the articles again and show us these facts:

http://gawminers.eu/news/hashbase-visa-hashcoin-prelude/ (http://gawminers.eu/news/hashbase-visa-hashcoin-prelude/)
HashBase will allow you to mine a coin, search for a product, see search results from Target/Walmart/Amazon/Macy’s, and buy on the spot. A few days later, the product shows up at your door.

This article says "will allow you" which implies he strongly believes that it will happen, not that it has already.

http://bitcoinchangeclub.org/blog/tag/hashcoin/ (http://bitcoinchangeclub.org/blog/tag/hashcoin/)
https://www.linkedin.com/today/post/article/20141101202832-161480692-new-digital-currency-is-poised-to-eclipse-bitcoin (https://www.linkedin.com/today/post/article/20141101202832-161480692-new-digital-currency-is-poised-to-eclipse-bitcoin)
Wal-Mart, Amazon and Target are apparently buying it up in bargaining, while the CEO makes the case that his devoted “customers deserve the same participation,” so for once, the playing field has been leveled for small investors and loyal customers.

These 2 articles are basically the same and both include the quoted sentence, which implies the companies are interested in his product.

I'm still waiting to see any quote of him saying what OP has repeated after the Coinfire's article, which is "they had partnerships with big companies like Target, Amazon, and Walmart...".

Here's some direct quotes from the virtual hashking himself:




It's funny how there were absolutely zero fanboys who doubted the amazon/target/walmart partnerships before the coinfire article was published.

Now they've all either taken the stance that coinfires reporting is inaccurate or that josh never directly mentioned a partnership. The amount of mental gymnastics and cognitive dissonance people are willing to go through to whitewash this is astounding.

Pretty sure that right there is saying they have partnerships with them. 

Quite funny the speculation thread that also had this stated in has since been deleted.  Link is at end of article.

http://gawminers.eu/news/hash-coin-speculations/ (http://gawminers.eu/news/hash-coin-speculations/)

All these quotes are suggestions, not claims.

No digital or crypto-coin has ever launched with global partners and a 250 million dollar backing, nor with a partnership with e-commerce giants, Amazon, Wal-Mart and Target lined up, but “Hashcoin” will.
It says that "hashcoin will", so it's his hope or expectation, maybe even a promise. It still doesn not mean they "had established partnerships". The same thing could be said about all his other quotes I've seen so far. Yes, he implies he wants to contact these companies and believes in the success of his product, but doesn't say any contracts or partnerships were signed.

Did you read my quotes or are you just ignoring them because it's impossible to deny that josh himself confirmed the "partnerships"?

I'm pretty sure "will allow you" means that you will be allowed to do it. That right there is a promise.

will: expressing inevitable events.

"nor with a partnership with e-commerce giants, Amazon, Wal-Mart and Target lined up, but “Hashcoin” will."  That sentence right there says these partnerships have been established.  The "but "hashcoin" will" is what solidifies that they have these partnerships.  The statement would need a could, might, maybe, or potentially to make it mean that is speculation.  If I said I will be at the party that mean I will be at the party.  Now if I said I might be at the party that means that I may or may not make it to the party.

If your going to report whats going on, its important you use facts.

1. My response to coinfire is still posted. Do a little searching.
2. We now haver over 1 million invite request for paycoin. So I would say its going pretty well.
3. Our NDAs are preventing us from announcing our large partners. Its ok with you don't believe. But the only way to prove it is to wait and see what happens. So how about holding of on spreading FUD until that happens?
4. Coinfire did not provide any more evidence then we have, so why does that make us liars? And not them? In any case, our legal team will force them to show their sources, so we will know the truth soon enough.
5. There is no evidence of any of the claims you are making in and the links you posted. Just people doing the something your doing here, speculating and trying to pass off opinions as facts

Again, you don't help the community by providing half facts, or just making up your own facts. Especially when many of your points are about transparency to begin with.

Let's clear something up, a fact is something that can be verified to be true. Stop misusing the word.


I read it in it's entirety and it's pathetic. If you think ad hominem and unverifiable claims are going to win you any points outside of hashcult you're sadly mistaken.


I have over 10 million invite requests for jimmothycoin.


Jimmothycoin will also be launching with partnerships with some of the worlds largest banks, investors, and nation leaders. (can't tell you exactly who because of NDA's, but I can tell you they are planning on investing billions)


You're actually right about this.


The burden of proof is on the person making the claims.



So do these partnerships exist or not? At the time of these quotes, there were no other partnerships mentioned/rumored other than Walmart/Target/Amazon.

GAW why not post pictures of the NDAs with all the names of the businesses blacked out, that way you are not breaking the NDA.

Go ahead, I can wait.

Don't believe us, thats ok too :)

Just don't go around saying we are lying when you don't have any proof of that. Time will tell.

LOL @ this circus act.

If I make enough noise, eventually some one will complain.  ::)

Haha.  He won't respond with the NDA because he cant provide one.  Everything he says is hearsay.  He could say he has a magic pink unicorn that farts rainbows in his closet but he is under NDA to not show it.  It's all bullshit at this point.  All he is doing is priming the pump trying to make him and his investors more money on the backs of these so called hashlet "miners".  It's all word play to keep the game going.  Every time prices in the hashmarket fell Josh comes out and pumps the crowd up to keep prices aloft

Hashlets are the worst miner to come into existence.  A Hashlet Prime has an ROI over 500 days if difficulty was flat and prices didn't change over that time. 

Even the Vaultbreakers were a joke.  All the chest puffing about scrypt mining is his house and well after KNCminer ships their Titans, GAW has yet to ship a VB.  Why?  On they had problems delivering on the promise to ship before KNCminer because the company that made the miners for GAW went under.  So not GAW is scrambling to try to get something out to the customers that wanted physically miners months after they were supposed to ship.

Where are those graphs you said you could show me from the other thread Josh? Going to keep dodging that one?

Also can we get proof that the two companies that were to make the Vault Breakers actually went under or any proof that you had ordered them to be made?

Too much drama in here.

I've asked him in the past to name these companies, but he just ignores the question.

Figured as much sadly.  This time he can't hide behind anything so he should have no problem releasing that information.  The fact that he won't points to the VaultBreakers were never being made.

You spreading lies about his wife that she's supposedly the daughter of Stuart Fraser was the biggest joke... on you.　You're still trying to play detective although you obviously suck at it.
I haven't seen you apologize for drawing his family into your stories, but what would you expect from an internet troll.

Let's end them

Really? I guess only certain people can do it then...

https://i.imgur.com/4ki4BqC.png

Now now, let's let Josh have some family time around the Thanksgiving holiday. He can't be expected to defend his lies and backtracking all the time, even if it is a full-time job.

This might be the last Thankgiving he celebrates outside of prison for the next four years.

I was banned from hashtalk for questioning the disclosure of those relationships. I would like to see the language in the NDA that states you can not disclose the relationship with a partner. I will also assume every agreement has its own NDA since these companies do not function on same premise when agreeing to a partnership. To disclose you have an NDA assumes its one. In my dealings with contracts the NDA is seperate and usually different with every agreement.

Bro, are you really serious? You have LARGE LTCGear SIGNATURE which screams that LTC is more or less the best mining experience with fast ROI. And you are bashing GAW? How fair is that?

OK I have just seen another move by a member of the bit coin community who was threatened by GAW with legal action. And his move may put to end any speculation that GAW is not mining or does not have enough equipment to mine. He has gone via a back door, and GAW will need to prove every machine they have is FCC compliant. No by doing this GAW will need to disclose how many machines they have. If they do not provide numbers in the tens of thousand, then GAW might be found to have misrepresented the size of his company. I say good on you Scott as you will get closer to the truth then any one.

Door in the face technique

I think they are scrambling to switch over to cashtakers POS now, maybe no more mining. This guy is so full of shit its not even funny. Kingscrown why did you delete your post? Maybe Josh can join your site fuck.io. I also see all the shills on here, OP what bait did you use (mentions gaw)? Panda and airflame are maybe the same person, always back to back comments on every topic about gaw, they disappear at the same time too.  Seems like buttgeek is a re-seller for gaw, shirts.

A tool I_IZ_Idiot came with his incredible stories. He's making these up is because months ago he used a sockpuppet account to lie that GAW owe him money and failed to get attention. Since then he's backing up every fake claim he can find and trolls. It's pathetic when a troll sockpuppet says that somebody is full of shit. Nobody can beat you here.

Gaw is a confirmed fraud

Just to illustrate Panda's views on sockpuppets:

https://bitcointalk.org/index.php?topic=835464.msg9470627#msg9470627
https://bitcointalk.org/index.php?topic=835464.msg9478966#msg9478966

No wonder she get's along so well with the Grand Puppet Master. Perfect person to handle GAW's sig campaign.

wait so are they not legit? I saw a lot of people promtoting a hashlet thread etc...

Stay away from GAW, soon the only thing you will be able to do over there is have stake in paycoin which right now is completely worthless and has no official release date since they keep pushing everything back.  As of right now paycoin looks like it will go to sun then burn in a fiery death.   

Nope it's a ponzi scheme now, possibly since the beginning

is pbmining too? what cloud sites are legit.. theres too much to read to catch up.. im at work.

but i can follow up on a lot of stuff..

None, do not mine, safely hodl Bitcoin, otherwise you're begging someone to even return your initial investment, let alone a profit.

thanks, i appreciate the feedback.

looks like ill have to buy hopefully when its cheap. lol. why cant there be honest fuken business, everything has to be a shit show.. like everyone copying BFL especially.

Yes I got scammed by knc recently. Bitcoin should see a small drop soon. I'm buying to hodl from now on. When you hold Bitcoin, no one can take it from you. Nor do you have to beg for it back.

Litecoin tears up paycoin
https://litecointalk.org/index.php?topic=23571.msg225339#msg225339

By who? By you? :D Of course... you told us that you were scammed by KNC and now you hate every crypto company and hold bitcoins. No wonder you are hating so much.

These guys are affiliates and shills of gaw. You can clearly see his large signature ad. He's a paid shill for them, literally.

And you're a shill on the opposite side.

The funny thing is that slark is actually a shill who used 4 accounts to promote GAW.

jimmothy you are the Sherlock Holmes of shills.

Oh will you pussys shut the fuck up already. Paycoin got pumped more than 300% today. between 15:00 - 18:00 West European time.
ext Pump starts in 40 minutes 24:00 West European Time. In 4 Days when public ICO starts 1 Paycoin = at least $4. And then when funds are looked we will se $20 within a month.
So get on the Paycoin Train or get the fuck out of the way.

Funny, cuz this is BITCOINtalk, go back to hashtalk

https://litecointalk.org/index.php?topic=23571.msg225339#msg225339

I think that's the old paycoin, they stole the name

Uh-Oh, gaw has no hashpower.

Skip to 1:45

https://plus.google.com/events/cj4oksoj6ko7e90h1rkgavcs1rk

The only thing I got from GAW is money from sig campaign. And I can write about everything and hate GAW if I want to - it is not against the rules of their sig campaign. I am just trying to bring some reason to the table here. Where hate without good cause is a standard behaviour. GAW did not do anything wrong yet and I doubt they will, but you are talking like religious fanatic here that they are evil and need to be stopped. That is the reason I am not really buying that "hate GAW because it is trendy" ideology.

It's amazing that that some people can see that video and somehow feel reaffirmed that GAW is not running a fractional reserve.

You can see maybe 100 S4's in that video.

They are claiming to have around 20,000 S4's.

Did anybody notice some in this thread ignore the posts and attack the posters? Look for ad hominem and you'll find a troll.  ::)

http://www.martinprint.com.au/blog/wp-content/uploads/2013/02/DontFeedtheTrolls5.jpg

I think that is exactly the case here. Thanks for pointing that out. Now when you mentioned this I see a pattern here.

damn, i hope people see this, esp other newbies like myself.

this is a huge eye opener..

Yup, should actually be a sticky, let's keep the link front and center for any other newbie that floats by:

https://litecointalk.org/index.php?topic=23571.msg225339#msg225339

stuff like this just makes me look dumb in front of my friends. they ask me how that bitcoin thing is going..

oh well  :P

Hold Bitcoin yourself and you won't have issues

Just remember that neobee was a scam all along and he came back to laugh at everyone who believed him while driving his Bentley

https://www.reddit.com/r/Bitcoin/comments/2dbn57/whats_mark_karpeles_doing_today_whats_danny/cjnziyl