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https://www.seattletimes.com/business/pioneer-of-eastern-washington-cryptocurrency-boom-falls-on-hard-times/A year ago, Giga Watt was the golden child of the state’s bitcoin boom. Today, the company faces huge debts and angry investors, while the cryptocurrency sector is caught up in a massive price correction. Last month, beset by millions of dollars in debt, ongoing legal problems and questions about its unconventional financing, Giga Watt laid off 80 percent of its staff and suspended all construction. Carlson himself stepped down in August.  whooha scary article, so are we going to have this token with no value? or the project still continue Your question can't be answered? The project in going on, in spite of the serious difficulties; however, if FUD goes on, the token will diminish in price. I do believe that there is still value in this project. But I can see that many people are selling their holdings. I personally keep holding, and I think that the team we have now can make a difference. |
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It's a scam.
The guys behind this are scammers.
From day 1 they stole mining hardware from their customers.
GigaWatt is not a scam. Propagating FUD when it comes to a company that has a workable plan to overcome their current difficulties is highly damaging. George Turner is a trustworthy project manager. Check this out from min 5:10 on: https://www.ncwlife.com/gwata-tv-giga-watt/Stop spreading falsities. They stole 10x S9 asicminers from me. I dropshipped the miners in September 2017 and bought WTT tokens in June 2017 but Giga-watt never installed my hardware. And I'm not the only one they scammed. I am really sorry for what's happening to you. It's a serious matter of mismanagement. You should definitely try to get in touch with George Turner. With all my heart, I suggest you do that. |
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What is happening now to Giga-Watt? Only 6. of my WTT tokens are being rented out.
This is very alarming and not profitable, Also WTT Token is less than $1 which is bad for the market and no any updates on their development.
WTT not registered at Coinmarketcap? I searched for WTT on the list I didn't find, is this a dead project? I can't imagine that Giga Watt is a dead project It is apparently a scam. Is there any place to sell these useless tokens? or wait for class lawsuit against them? It is not a scam. Check this out: https://medium.com/@gigawatt/giga-watt-restructuring-and-policy-changes-e8cc05a309d9And be patient; off course, if you still want to support the project. I will. I think WTT tokens will be profitable after a year. If you have bought more than 10k tokens are holding it until now then you're losing too much, Obviously we need to support them but how? Market volume is below $2k USD which is very bad. Hey d3nz, we need to get George Turner to have the token listed on KuCoin or at least Cryptopia. Other exchanges that you can think of? |
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It's a scam.
The guys behind this are scammers.
From day 1 they stole mining hardware from their customers.
GigaWatt is not a scam. Propagating FUD when it comes to a company that has a workable plan to overcome their current difficulties is highly damaging. George Turner is a trustworthy project manager. Check this out from min 5:10 on: https://www.ncwlife.com/gwata-tv-giga-watt/Stop spreading falsities. |
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What is happening now to Giga-Watt? Only 6. of my WTT tokens are being rented out.
This is very alarming and not profitable, Also WTT Token is less than $1 which is bad for the market and no any updates on their development.
WTT not registered at Coinmarketcap? I searched for WTT on the list I didn't find, is this a dead project? I can't imagine that Giga Watt is a dead project It is apparently a scam. Is there any place to sell these useless tokens? or wait for class lawsuit against them? It is not a scam. Check this out: https://medium.com/@gigawatt/giga-watt-restructuring-and-policy-changes-e8cc05a309d9And be patient; off course, if you still want to support the project. I will. |
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Hello everybody, the Genesis Mining problem gets trickier day by day, thus involving more and people along with the mysterious payout scheme that they have conceived. One thing is certain: They are not honouring their contracts. Nobody knows for sure what are the issues that they have preventing them from paying out. Marco Streng is now totally absent. He is not conveying any message to the users community. The chief technology officer seems to be a shady person uninvolved and distant. No declaration whatsoever! The support seems to be non-existent. The tech team also is so inscrutable. I actually do not see any serious or strong argument that Genesis Mining may use to their benefit in a case. Dissatisfaction and anger are becoming a standard when it comes to this company. Check this out: https://www.reddit.com/r/GenesisMining/comments/86yhj5/sue_genesis_mining_and_i_will_help_with_your/ |
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Anyone here who can tell me the Best Secure Zcash wallet, I'm finding a best free Zcash wallet if anyone knows about ZCash so please let me now.
the best secure Wallet until now is the Hardware Wallet Nano Ledger S. and then the official linux client, i guess. Hello, I need to express disagreement about Ledger being the best hardware wallet. I am an experienced user with both Trezor and Ledger Nano S, and the problems I systematically have with Ledger are: 1) Communication with the support. They usually give replies that do not address the issue directly and effectively. 2) A very serious (puzzling to me) problem is that the installation process is lengthy because of all the installations that need to be made to have the specific wallets. 3) It may well happen that even the first wallet app cannot be installed. The cause is said to be the fact that other wallets may take too much memory. But it cannot be the case with the first wallet application, can it? 4) It may also occur that the app manager cannot be installed, the cause being the same as at point 3: memory lack for apps to be installed. But how can this be with the app manager? 5) Guidelines and instructions are prolix, too long to follow. Please, do not use Ledger. You will waste money and time. Ledger may appear to be the first choice only because they claim they have many coin supports. Trezor is less prone to add support. However, the problem is not the abundance of coin integrations. The problem is simply that Ledger does not work, Jesus. It really doesn't work. I have one, and I don't know what to do with it. My experience with Trezor is great. The support is excellent. The device and the application are extremely easy to use. I am not a Trezor promoter. In fact, no referral can be seen in this post. I just don't want anybody to deal with the shit I had to. |
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For an outsider or someone who is new in crypto this might seem really weird that nearly 1 million dollars worth of bitcoin is being donated to this particular guy. But if you've been in crypto and in bitcoin specifically you know that we as a community owe Andreas. Antonopoulos is perhaps the only person in the crytocurrency community that I deem trustworthy and most importantly, worth listening to. Unlike a lot of other big names he didn't give up his integrity for money like a lot of others did and are doing. In fact I think he owned very little bitcoin up to this point (he struggled with debts prior to bitcoin so he invested all his earning early on to paying off those debts and supporting his family). His drive and dedication to, essentially, 'teach' bitcoin has earned him an insane amount of respect.
Have you ever stopped a minute and considered Andreas' situation thoughtfully? Is he sincere? He clearly says that he has worked for free without investing. He seems to have had a lot of debt while traveling so much. Is this plausible? Someone is strongly indebted and travels endlessly. Sorry but I used to trust him. I even bought his books. Now, after rationalising about him I no longer trust him. Even his body language is often, upon the whole, against him, thus showing that he is not genuine; he is too rigid, due to some bone or posture issues, or perhaps due to concealing some reality. His countenance is almost always stuck when he speaks. He never searches into memory, as if he does not have anything to reminisce, which may mean that he prepares everything, encyclopaedically and calculatingly. After observing him, I feel certain in saying that he is careless. I don't know why but he is not truthful. His reactions are often childishly arrogant. He is irritable and edgy because, I feel, he does not want his talk routine to be hindered. If you believe in a successful bitcoin, please do not ascribe that to Andreas or anybody else. Things work smoothly without figureheads. Bitcoin doesn't need heralds or know-it-all bigmouth luminaries. They are generally full of shit, i.e. egotistical swashbucklers. |
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Hello, are the agent software and Privatix BOX mutually exclusive? I mean: If I have the Privatix BOX, do I need to install any agent software?
More generally, what is the difference between using the Privatix BOX and using the agent software?
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Did all of you "To the moon" here noticed smart contract removal?
Did you notice why it was removed and how that is to our benefit and how they are working on implementing an alternative that works within legal boundaries to not be delisted and how Monaco already increased cashback on all purchases from 0.75% up to 2%? Yeah I don't think so. Otherwise you wouldn't be here trying to disinform people. I dont have time to explain to you how naive you are, but in short, the removal of the smart contract means that Monaco is not legally responsible for anything associated with the "Monaco token". Saying they did it to avoid de-listing from exchanges, is the magic excuse for them to decouple the token away from the company entirely. Simple examples of random scenarios: Monaco gets a 1 billion dollar investment from whoever -> Monaco token is not tied to the company in any legal way shape or form, so it wont benefit from anything like that. Monaco sells more cards than they have "available tokens" -> Monaco token is not tied to the issuing of credit or debit or gift cards in any practical way. No company needs a "token" to be "held" to issue a card. Monaco can issue an infinite number of cards at will, without using the Monaco token in any way. There's no laws, nor are there any binding contracts (hello!) that says they must use Monaco tokens for anything going forward.
The actual "token" has no practical use, only an artificially made up one -> It is not a "system" that does anything. The BIN from VISA is important, and is an actual "system" without which Monaco would not be able to function as a card issuer. The "token" system from Monaco is literally a useless guise to raise money without selling company shares. Its essentially like going on "Dragon's Den / Shark Tank" tv show and saying "I need 25 million dollars from you guys, and instead of company shares, i will give you these keychains that i may, or may not, buy back (depending on demand), once people start buying my product" The "token" is not a company share - Success for Monaco is great for company owners. Token holders are not company owners, and rely on the company, without any sort of regulation or binding contract, to somehow make them "rich" out of the goodness of their hearts and keep their promise (track record in regards to that is not very good at the moment) Most investors are well aware of an attempted work around, but falling short of a legally binding contract that would expose them to government regulation (which it wont be, no matter what they come up with, because they're not stupid) the token is based on a faux system that has absolutely no use in the real world. (what other crypto cards require to artificially "hold" tokens to get a card? When's the last time you heard VISA ask you for $500 to "hold" for 6 months to give you a card?) For even more fun, you need to realize that only specific current metal cards, not their basic (or future) Monaco cards, require holds on tokens, and the majority of people will have the cheapest one, requiring 50 tokens. Add to that the hold cycle of the tokens, add to it the total number of tokens including those not in circulation, and you'll see that unless they have an absolute constant number of hundreds of thousands of people signing up every few months, they'll never even get close to hitting the token cap, in order for you to have a high scarcity of said token. People waiting for this to "moon" are delusional. Even current pricing of $6 USD is ridiculous for what it offers in return and how de-coupled from company success, it is, at the moment. If Monaco comes out tomorrow and says they'll buy out the tokens at the IPO price, or not at all, while also having their un-needed ecosystem go dead, there's no legal recourse for you. Also, if Monaco ever goes public with a legit IPO in the future, they'll completely have to get rid of any possibility (even perception of such a thing is damaging) of being legally exposed in any way, to a class of "non-investors", which means the death of the token. Monaco is only good for day traders to sell on news, or for card holders, who legit want a metal card. If you're one of those "to the moon" people, you'll have a better chance buying a lottery ticket, as the token itself is not tied to company growth or success over the long term, and it also lives in an unnecessary ecosystem that only hinders Monaco as a company, going forward, growing from its infancy stage. On a final note, I dont believe any of the changes were done maliciously, but, given the timing, delays, magnitude, and delivery of the news, it makes me believe that, either the people in charge dont know what they're doing and learning as they go along, or that they're very smart and pulled the proverbial rug from under non-ico holders, before they were legally tied into the token and under government regulation as a result. If you don't have to explain, why do you explain anything? If you are so sure that the MCO token will be worthless, just stay away from the project. You are so preoccupied with the legal matter that you don't even understand that it is the legislator that has to adapt and evolve legally, and NOT the other way round. Why don't you counter the Ethereum project with the same intensity? It was just a token, and the ICO created out of it may have even been met with perplexities, and yet what happened is still contributing to having the rules changed. JUST A TOKEN, MY ASS. What happened to the legality of it? The legality is dictated by the people holding and trading tokens. The more people there are around animated by these intentions, the more the legislator will have to elaborate on this reality and produce rules that reflect the reality itself. You are so arrogant and stuck in your mental rigidity that you don't even think that an IPO doesn't mean anything. It's not the legality of it that makes it legitimate. It's the people that started using such instrument and participation modalities. You are just dedicating some of your time to spread fear. Lawmaker's task is to stay put and observe the goings of a new reality coming into existence. After collecting all the necessary pieces of information, he will, if he is able, form a legal environment for market tokenization to work more smoothly than it is at the moment. The lawmaker just has to have the skills and critical mind to describe how the situations involving tokens are working out. If you are not interested in the Monaco project, please stay away and stop predicting the future. You are not able to. |
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Unfortunately we seem to be back in same scenario of nearly all the hashrate coming from one place, so the risk of re-orgs or a massive drop in hash is very high.
How can this issue be addressed? |
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Great!
The whitepaper link has been fixed!
Please do not forget the link to the Android wallet download.
There are only qt wallet downloads on the website. Qt wallets are stodgy. Cloak is better than that!
For those who don't or can't use Android, Bluestacks is an Android emulator that can be installed on desktops and laptops. On Bluestacks you can operate your Android Cloak wallet from a PC or Mac. That's what I do. It's very easy to use.
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I am going thru every posts of you.
Will gt back to you abt it..
Seems like you r still nt answering my questions.
So, u r here for some kinda of charity if not for profit ?
I am here for profit for sure.
I dont need any clarification frm you to say that I am here for profits.
Of course I am here for profits, but I only invest in projects that are genuine and seek to create real value without fucking people over with lies or very bad excuses. It's very easy to make money without supporting shady schemes. So if you actually support scams just to make profits - even though there are ways to make significant profits without supporting such people - it speaks volumes about your character. "It would become impossible for most people to pick up cards."
What does this mean? Please explain. Otherwise any argument is pointless. Why would most people should be unable to have their cards? Would the company impede the acquisition of the cards because the company is unable to comply with delivering the cards?
Why would there be no reason to hold the tokens after the lock-in period? The statements you made are not trivial. You need to elaborate. How can you know what is going to happen? How can you know about the progress of the company and the services provided by it?
"The only way to work around that is to change the amount of tokens required to reserve cards, which would have a direct influence on the token price and thus be market manipulation which is illegal."
What you are saying is that if the amount of tokens required to reserve cards is modified, then this is market manipulation. Your argument is useless because you are proposing an absurd solution to a problem that you still need to address, which is the worthlessness of the token. Why are you even employing market manipulation and alleged illegality as arguments?
Stay on task, and tell us why the MCO token must be worthless.
People jumped the ship because they didn't like the change made by Monaco regarding the asset contract. Jumping is legitimate. But the elimination of the asset contract cannot possibly mean that the token will have no value. How can you make such deduction? No asset contract means no future token value. Why?
Not sure what your problem is, I've already explained the issue in detail. If the token price goes up it will cost too much to get a card (even if you get it back in 6 months) and most people are not interested in such modalities. The only counteraction to this problem poses a significant risk of market manipulation, which could have very serious legal implications. Because see above. Locking up tokens doesn't create value without creating problems that will inevitably create market manipulation scenarios which are illegal.Hey, I have no problem. You've got one. You can't stay quiet. I have only asked for answers which you may be even able to give, but they are subjective. They don't describe the situation in absolute terms. If you think that the company is going to manipulate the price, whatever it may mean, then just stay away from it, sell the tokens you don't believe in, and embrace other initiatives. If you don't like the rules, then you are not obliged to maintain a position in supporting Monaco. You seem to spend a lot of time in here just to express opinions without considering that the project is evolving and is going to evolve. Things change. Have you ever thought about that, wiseacre millionaire? |
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Have had a very small amount of these I bought a while ago. I just decided to buy 2K worth seeing the ATH was 4X where it is now and the fact they have a VISA Card now. Isnt that a pretty big deal to have a card you can use anywhere? I would think price would really surge after such an announcement.
It would've surged if they didn't can the asset contract, which was the only reason a lot of investors joined in the first place. Still think this has any legs ? Saw a recent pump. Seems like hitting 2X would be pretty doable if not more over time. Probably. Most people don't care about honesty or good products in crypto. If MonaCo was a company on the stock market it would plummet into the ground after its announcement of dropping dividends without even trying to find a replacement until investors complained about it. But in crypto it will probably go back up soon, because people don't even know what they are buying. They see big names like "VISA" and think they'll get rich if they buy it. Complete and utter lunacy if you ask me. Doesn't matter anyway bcos the MCO still be converted into fiat before being used as a legal tender. The way u r posting is like saying MCO token is useless. Perhaps you should go thru their twitter again on the uses of the MCO tokens other than to reserve the cards. Once the company started to lock in the tokens, then, the price will surge slowly which will happen soon. Ur hatred towards the company decision on abandoning their initial plan ain't gonna influence anybody's decision, homie. It doesn't matter if the tokens get locked up. Once the period is over there's no reason to hold them. And even if there was, and the token price surged, it would become impossible for most people to pick up cards. The only way to work around that is to change the amount of tokens required to reserve cards, which would have a direct influence on the token price and thus be market manipulation which is illegal. And yes, I'm aware that greedy clowns like you won't care about whatever it is that MonaCo does as long as you can make some profits in the short term. That's precisely what I've pointed out in my posts before. Nonetheless, any serious investor has jumped ship, as you can clearly see in the token price. But keep shilling for dishonest and lazy tactics for some spare change. Seems like you need it, so good luck with that. P.S. There is no "other use of MCO tokens" right now. So you're either a clueless shill or a blatant liar. Pretty much what I've predicted already in either variant. "It would become impossible for most people to pick up cards." What does this mean? Please explain. Otherwise any argument is pointless. Why would most people should be unable to have their cards? Would the company impede the acquisition of the cards because the company is unable to comply with delivering the cards? Why would there be no reason to hold the tokens after the lock-in period? The statements you made are not trivial. You need to elaborate. How can you know what is going to happen? How can you know about the progress of the company and the services provided by it? "The only way to work around that is to change the amount of tokens required to reserve cards, which would have a direct influence on the token price and thus be market manipulation which is illegal." What you are saying is that if the amount of tokens required to reserve cards is modified, then this is market manipulation. Your argument is useless because you are proposing an absurd solution to a problem that you still need to address, which is the worthlessness of the token. Why are you even employing market manipulation and alleged illegality as arguments? Stay on task, and tell us why the MCO token must be worthless. People jumped the ship because they didn't like the change made by Monaco regarding the asset contract. Jumping is legitimate. But the elimination of the asset contract cannot possibly mean that the token will have no value. How can you make such deduction? No asset contract means no future token value. Why? |
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 PBC report, this newsletter goes to long term investors as PBC recommends to hold the investments for greater returns in the future Hello Am0rPHiA, thanks for the info. Are you a regular Palm Beach Confidential newsletter subscriber? Is it a good advisory? What's the date of the info you reported for us? |
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The whitepaper link doesn't work. It leads to a blank page. The only downloadable wallets are for Windows and Linux. What happened to the beautiful Android wallet and the calculator to generate keys for paper wallet? |
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The increase in cash back is nice
blue 0 cash back
platinum 0.75%
ruby 1%
rose gold / space grey 1.5%
black 2% !!
I have always felt that the cashback percentages needed to be different based on the card. Now, I like it better. |
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I guess people are panicking too much. They are even selling PAY. Are there unexpected news with TenX also? Or is it just panic-driven repercussion? Most traders and investors simply do not want to improve on their psychological attitudes. Need to metabolise info is fundamental. Selling like that is folly. Taking a walk would be a better idea. |
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Without asset contract, devs can add more coin we can't know can't check. IMO, they will create more coin and dump to get profit and quit. It's is a big scam coin now. Get out of Monaco soon, before you lose all.
Sell all before too late. And move to other better coin.
Visa approved is only a rumor, not fact, not confirm.
No need to emphasise in red what you're saying, man. It remains incomprehensible. |
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