|
Timex.
Takes a lickin and keeps on tickin.
|
|
|
|
|
You won't die when the computer * crashes *.
|
|
|
|
I remember Spoetnik tore them a new asshole over Blocknet, I miss that guy, total FUDmaster but was pretty much spot on all the time. Probably a good thing that he wasn't around for PayCoin, would have been a shitstorm of epic proportions. Wonder if he ended up in jail or mental institute? Cannot see him leaving this forum otherwise. Unless ... the Xc/blocknet cult got to him ... LOL. |
|
|
|
This coin is 100% a deadcoin. The dev, after selling every single coin of the ICO, put pictures of him happy in a fucking badass hotel to make people rage, so it's clearly a deadcoin.
Then, why the hell are there every 2 weeks 2 btc worth of volume just to avoid a delist of the coin ?
What is the plan behind it in your opinion ? Bagholders my friend. You got a few btc into a coin you don't want to see it die. Once off the exchanges the coin is dead dead dead. |
|
|
|
"Money walks", that's how the saying goes... even in Nutcase's Land, so the ONLY way to gain credibility, is by giving money, especially the money GUARANTEED, to the people that invested. And, as far as current info goes, that is exactly what Josh Garza intends to do. If and when he has disbursed half a million dollars after 6 months in the Honor Program, you can be quite sure that most everyone (there's always the nutcase's group that wont, regardless) will give him a lot of credibility. Nothing else will at this point. He knows it and most people know it. And, all in all, it is so clever that it is probably the cheapest way ever to buy credibility. Honoring the $20 guarantee will go along way with the Gaw faithful. Some of those will forgive and forget. Investors will be; "Phew, that was a close call. Won't take another chance on this shit." You have to admit all this controversy is going to be next to impossible to overcome. Major merchants and business will never align themselves with something this sketchy. New investments will not be incoming. Too many "fraud" and "scam" headlines in a google search. The bottom line is GAW is not trustworthy. Do you remember the Halloween shitstorm with XC and Blocknet? Both these coins/tokens are worthless now. The only ones trading are the cult members. I sincerely hope paycoin lives long enough to satisfy investors but the future is bleak. |
|
|
|
|
If Gaw was serious about Paycoin, he would have hired a real CEO when the shit hit the fan in Dec. It was the only way to salvage Paycoin after all the lies and broken promises.
Turning the company over to someone with credibility and an action plan would have went a long ways in rebuilding trust.
Instead, he allows Paycoin to become a pariah with little or no hope of credibility in the real world.
|
|
|
|
I wouldn't get too excited about the Honor program yet. Details have yet to be released. The only thing I heard Gaw commit himself to was the $100,000.00 *minimum* payout a month. I expect the shit to hit the fan next week as numbers start coming to light.
He has to implement something to avoid litigation so expect it to be the bare minimum. The main reason for procuring a legal team I understand.
I certainly don't expect more than the minimum for the time being. And it is a very wise way to cover his ass by Josh Garza for no one can accused him of not honoring his promise... while, at the same time, gaining precious time if BTC is to ever rebound and PayCoin and PayBase to gain real traction and credibility. And all for peanuts compared with what he has already collected. I find the strategy quite brilliant, actually. And it could very well work in the end, favorably, for all involved. I have to agree with you on this one sir. Nice to see we are making progress without slinging a lot of mud at one another. LOL. |
|
|
|
|
I hold several coins. The only one that went up in value is Ripple (Xrp). Just sayin.
|
|
|
|
|
I got pretty miffed off with Opera when they dropped linux a couple years ago. They recently released a new linux browser and its nice. I forgive them.
|
|
|
|
|
I wouldn't get too excited about the Honor program yet. Details have yet to be released. The only thing I heard Gaw commit himself to was the $100,000.00 *minimum* payout a month. I expect the shit to hit the fan next week as numbers start coming to light.
He has to implement something to avoid litigation so expect it to be the bare minimum. The main reason for procuring a legal team I understand.
|
|
|
|
What is in discussion though is if it was a scam. If indeed it IS a scam. And, as "charged" here, the continuation of a series of scams in a ponzi scheme. I've followed the whole process closely since I do have significant funds involved. Believe me when I say how unhappy I am with the way this has played out. The lies, broken promises, avoiding questions/answers, censorship, bannings, hype, and dangling carrots from Gaw was enough for me. How can anyone say this is an above board operation defeats logic. Please don't tell me there were no lies, broken promises, etc. Everything is well documented and available for public consumption. Because of this, Paycoin succeeding with merchant adoption and world wide acceptance is highly unlikely. I think you know it and Gaw knows it. What is your exit plan? |
|
|
|
Sorry but no, only about half a dozen people, all of them self-confessed not investors in GAW, either on the hardware, hashlets or Paycoin sides, post here unsubstantiated theories... when not outright falsehoods, like the pretended SEC investigation "reported by a news site". Obviously you do not know what a "news site" even looks like otherwise you would have already know from miles away that that site is nothing but the opposite of "news" AND that the "report" about the pretended "SEC investigation" was a total, fabricated falsehood. Even a pre-schooler would have identified both. Clearly.
And no, the "followers" continue following Garza, not complaining about promises not kept ... or hardware not delivered. Massively.
Trying to build a theory on falsehoods, as you did in this most recent post, not only doesn't work but actually destroys any semblance of credibility you may have attained with your orderly, though unreasonable, conspiracy theory of earlier.
Sorry, much less of a case, even.
AND I am far, far from sure that it is not an elaborate scam, ALL or at least the PayCoin part of it. It could very well be, I don't know. And, as stated above several times, the reason I don't know is because hundreds, if not thousands would have already come forward to protest unfulfilled promises. NONE -invested, that is- has done so. Only a total of about half a dozen -you can count them, including yourself- have done so. AND none of them, by thjeir own admission, has ever done ANY business at all with GAW.
I know it sucks to see an investment doing badly(I still have hashstakers that I will most likely take a bath on). Hang in there bud miracles happen. You are correct. Lots of theories and conjecture going on but Gaw supplied the ammo. |
|
|
|
That tells me they are rather satisfied customers. Not only that: Satisfied customers ready and willing to follow Garza and his projects by bringing in more money to invest. And yet, at this point, with the price of PayCoin in the gutter, they still, massively, support and believe in anything Garza says... ALL of them, not just a few, not even just a majority but ALL of them... while the only ones describing scam in all shorts of speculative ways, are just a half dozen guys who, by their own admission, never bought anything from GAW nor invested in Paycoin. Lots more than half a dozen guys. Gethashing shows a lot of long time members and investors who were banned or shadow banned for asking questions and showing displeasure at hashtalk. http://forum.gethashing.com/t/xpy-paycoin-discussion/90 |
|
|
|
|
Don't do it. You only propagate the problem. Most importantly you will lose your money. The only ones making money on shitcoin pumps are the ones in the "know" which include whales, exchanges, and developers. Its all about manipulating the suckers.
Quick money in this scene dried up last spring. Then you could buy any coin low and it would cycle back up for profit.
Look at longterm and put your money into something worthwhile. Maybe in a few months you make big money.
|
|
|
|
Gaw never intended Paycoin to succeed. It is a well executed exit plan. There are questions about the existence of Gaw mining farms in the first place. Did Gaw sell cloud mining with the idea to build the infrastructure from proceeds of hashlets? Maybe at first but why put the money into a dead horse when btc prices were falling low. So Gaw is stuck with having to supply payouts to hashletminers while not bringing in enough money to support payouts unless delving into capital. Hashlets brought in a shitload of money. Why not improvise on the same theme? Paycoin is born in Sept. So they get the majority of their hashletminers mining hashpoints for months with the promise of riches. A feature filled Paybase with hundreds of merchants on board will arrive in Dec. And, yes, Paycoin will be worth $20 and that is a promise. People will be able to cash in their paycoins at Paybase for $20 and that is a promise. In the meantime a once in a lifetime offer to exchange hashlets for hashstakers happens. Most everyone jumps on board. $20 Paycoins! Wow! Not only does Gaw get people to convert hashlets to hashstakers they sell a shitload of hashstakers. So... the time for Paybase to open nears. Paybase is delayed a couple times. In the meantime Gaw starts backtracking on promises. Incriminating posts, and threads are deleted on hashtalk. Dissenters are banned and shadow banned. Finally Paybase opens. Guess what? No merchants, no Amazon, no Walmart, squat. No $20 buy back. It is a very basic website for exchanging Paycoin and btc. Three months for this! Come on. Where did all the money go? Where is the 100 million Coin Adoption Fund? LOL. Everyone knows how easy it is to cook the books with altcoins. Every scammer has gotten away with it somehow. Even the outright thieves walk away laughing. Paycoin did what it was supposed to do. Pump & Dump. It will die off and leave behind a wake of unhappy bagholders like so many other coin scams schemes we have witnessed. Gaw will have a pocket full of money don't worry. Now we have the "honor payback" or whatever they call it. Another scheme to satisfy the unhappy-about-the-$20-floor crowd. Good luck with that. Recent Gaw history tells us bagholders are never going to see their money back. The end. |
|
|
|
@GAWCEO
So longtime GAW customers and paycoin supporters from the beginning cannot get any preferential treatment on this payout process? Is there a legal reason for this I assume?
Just hate the fact that some bct user currently on a mission to destroy paycoin will be cashing out for $20 along with others here and they have never mined hash points or been in paybase... Indignation growing at hashtalk now that Gaw has finally owned up to nothing special for those who sacrificed the most. This must hurt. Again I say; "poor sobs". Where's that gif of Gaw bending someone over a stump? I wonder how hard xpy will dump now? Long time customers were holding out hope for preferential treatment. Now they have to throw their coins in with the masses. The masses may very well speculate on the buyback if the coin keeps dipping diluting the escrow coins more. Glad I'm not holding right now otherwise I would be getting OUT. https://hashtalk.org/topic/30401/honors-program-q-a/103 |
|
|
|
|
I got hooked on Z Nation when the last season of Walking Dead ended. If you can get through the first few shows it gets better. Murphy is hilarious.
|
|
|
|
For the love of God, please tell me that you will be taking care of your actual customers first. The people who "mined" hashpoints for months deserve to be first in line no matter what. The people who picked up cheap coins on the exchanges and never were your customers deserve to be last. Please clarify this ASAP https://hashtalk.org/topic/28799/gawceo-s-honor-program-20-btc-per-paycoin-q-a/393I wondered when the sh*t would hit the fan with hashpoint miners. People are getting panicky with NO information incoming from Gaw and the deadline to buyback approaching. |
|
|
|
|
"Cake" and "Wild". Both chickflicks and both sucked. Wild was watchable but Cake was really crappy.
|
|
|
|
|
Show Posts
