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21  Economy / Scam Accusations / Re: Proof of dishonesty and lies from Gawminers.com Hashlet Ponzi Scheme Scam on: August 21, 2014, 02:19:01 PM
Guys, be rational.  I am a GAW customer as well.
But I have to admit that now I understand more about GAW's "business model", and they are very very dodgy.
They are selling a "service" with no real miner on the back.  They have a tiny "data center" which is just a small basement.

There is a website collecting information about GAW fraud, and I believe all the questions they raised are valid:

 https://flexhash.com/

So GAW is simply gambling with customers money. They are betting on difficulty increasing and LTC price dropping.
Yes, they are still paying out, but I am wondering who manipulated LTC market recently?  With leverage, it doesn't cost a lot of money to make LTC price drop.

If you don't care how GAW use your money, feel free to join them.

But this type of "business" is destroying our crypto currency ecosystem, destroying the whole mining industry and making good profit from miners like us by manipulating the market.

Who want to stay in a world full of scammers?


If you really want to defend GAW, be logical and find hard evidences. It's doesn't mean anything simply claiming you are a customer.  Maybe you are at higher layer of a ponzi scheme, but still, it's a ponzi scheme.  Later customers will be victims.  Do not help those fraudster!

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