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1161  Alternate cryptocurrencies / Altcoin Discussion / Re: All The Crap that GAW Has Been Doing [CENSORING INFORMATION AND LYING] on: January 28, 2015, 10:17:39 PM


First and foremost, all that I read negative to Gaw, Garza or Paycoin, comes from a few individuals, you included.
...
by now we would have quite a few quite angry people being quite vocal everywhere about the "scam", don't you think?

So you're saying you would believe it, if people were quite vocal about it, but you don't believe the people who have been vocal about it.


Quote
Even if they were convinced that non-existent hashlets would cover their investment, many of them would protest
...
... and yet, I can't find anyone protesting angrily.

Other than the "few individuals", you mean?  Or maybe you just don't pay attention.


Quote
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

ALL of them?  There are plenty of them here who are not satisfied.


Quote
the FACT that you don't have any facts but speculation

Look at the pictures I posted.  

Look at the price of Paycoin.

Look at all the people who say their "guaranteed profitable" Hashlets are paying 1 satoshi per day.


Quote
if your speculation was even remotely close to the truth, the clamor would be of humongous proportions and Garza would be forced to come up with much faster solutions to his troubles... or become a fugitive of the American justice.

You mean, there would be people boycotting Garza's appearance at the Miami Bitcoin conference, and Garza would be forced to change his planned speaking appearance?

Or do you mean that a crypto news site would report that the SEC is investigating GAW for illegal activity?

 
Quote
Where are all those unsatisfied customers that have been giving GAW thousands upon thousands of dollars, for many months, more than a year, without having ANYTHING AT ALL to show for it?

Where are they?  Some of them are still at hashtalk, being censored, and some of them come here to hype their investment even though they know it's a scam.
1162  Alternate cryptocurrencies / Altcoin Discussion / Re: All The Crap that GAW Has Been Doing [CENSORING INFORMATION AND LYING] on: January 28, 2015, 09:32:51 PM

No, they did not start out good, from everything I've read.

They started out taking orders for mining hardware they didn't have, and my understanding is that they just took the money, bought Zeus miners (maybe mined with them a while before shipping), then shipped some of those Zeus miners to people and called them GAW miners.

Where did you read that? Their hardware based on zeus chips was custom painted and also tweaked because it had slightly different parameters. This means they ordered it and had it made before selling to customers. The only miner they did not have and you had to pre-order was vaultbreaker.


Out of all the people who ordered hardware, how many of them ever received the hardware?

For the people who did receive hardware, how many months did they have to wait before they received it?






1163  Bitcoin / Bitcoin Discussion / Re: A good way to save your bitcoin and not impulse-spend it on: January 28, 2015, 09:13:04 PM
Send the BTCs to a paper wallet, and try to don't use them.

Uhh...

Wasn't the point of Bitcoin that people will use it to buy stuff with it?

Advising people to not use their coins is just nonsense.

Saving...money?
1164  Bitcoin / Bitcoin Discussion / Re: Topic about guy drunkenly sending 20btc - Coins came from bitstamp hack on: January 28, 2015, 07:38:01 PM
Unless THIS thread is the hacker trolling and testing! 

and who is Keyser Soze?

Trollception
1165  Bitcoin / Bitcoin Discussion / Re: Topic about guy drunkenly sending 20btc - Coins came from bitstamp hack on: January 28, 2015, 07:20:05 PM
Unless THIS thread is the hacker trolling and testing! 
1166  Bitcoin / Bitcoin Discussion / Re: A good way to save your bitcoin and not impulse-spend it on: January 28, 2015, 07:17:26 PM
You can always dump the private keys and import them somewhere else if you really want to spend the bitcoins without downloading the blockchain.

See, you're already thinking of ways to circumvent your own savings plan.

For the compulsive gambler or addict, of course no risk will seem too great if it will get them their fix.  Sure, just email your private keys from your work computer to your home computer.  That's the kind of thinking that got Gilligan stuck on the island, and that's how the terrorists win.

Well, you have a lot of time to think about stuff while you're watching the block index number grow.

A watched blockchain never syncs.  I always thought that was just a meaningless ancient saying, until I realized that synchronization is a fleeting thing.  Much like perfection, sync can only be tasted for a brief moment before inevitably being lost again.

1167  Bitcoin / Bitcoin Discussion / Re: A good way to save your bitcoin and not impulse-spend it on: January 28, 2015, 07:10:45 PM
You can always dump the private keys and import them somewhere else if you really want to spend the bitcoins without downloading the blockchain.

See, you're already thinking of ways to circumvent your own savings plan.

For the compulsive gambler or addict, of course no risk will seem too great if it will get them their fix.  Sure, just email your private keys from your work computer to your home computer.  That's the kind of thinking that got Gilligan stuck on the island, and that's how the terrorists win.
1168  Bitcoin / Bitcoin Discussion / A good way to save your bitcoin and not impulse-spend it on: January 28, 2015, 07:01:34 PM
Just download a new copy of Bitcoin Core, send your BTC to your new address, then close the application before it can download the blockchain.

Then, next time you get the urge to spend that BTC, you'll have to wait about 2 days.
1169  Bitcoin / Bitcoin Discussion / Re: University of Cumbria free currency course w/ added bonus communist propaganda on: January 28, 2015, 05:54:09 PM
This is really bizarre. Are we sure this is real?

What, communists?  People teaching children to hate their parents and tear down society?  Yes, I'm sure it's real.

This book is real:

http://en.wikipedia.org/wiki/Das_Kapital

"Das Kapital" means "money".  It's a book that was targeted at monetary innovators and activists from any political persuasion, and it looked into the essence of money and how it has been interpreted and misinterpreted over the last three millennia.

To learn about the real effects of that book and its ideas, see also:

http://en.wikipedia.org/wiki/Category:Communist_revolutions

This link doesn't have the total figure of how many hundreds of millions of people were killed over these ideas, but it's a good start.
1170  Alternate cryptocurrencies / Altcoin Discussion / Re: All The Crap that GAW Has Been Doing [CENSORING INFORMATION AND LYING] on: January 28, 2015, 05:45:27 PM
I do believe GAW started out good but got greedy. I hope they deliver. If not it (paycoin) will be another altcoin in the trash heap.

They started good but BTC price drop caught them with their pants down

No, they did not start out good, from everything I've read.

They started out taking orders for mining hardware they didn't have, and my understanding is that they just took the money, bought Zeus miners (maybe mined with them a while before shipping), then shipped some of those Zeus miners to people and called them GAW miners.

But then they kept taking orders for hardware and stopped shipping hardware.  After people waited a few months to receive the hardware they had already paid for, GAW eventually told them "You're not getting any hardware, but you can have these imaginary hashlets instead."

But the hashlets didn't exist, it was a ponzi scheme where they paid out a little bit at a time to make people think they were earning money.  But it was just "Give me $3,000 and I'll give you back a few dollars a day of your own money".

So it couldn't last forever;  eventually the money would run out...unless they could convince everyone to "convert" their hashlets into Hashcoins, Paycoins, HashStakers, and other made-up b.s. that GAW can create out of thin air. 

So GAW kept the dollars, GAW kept the bitcoins, and they made up a new worthless money to give people instead.  And people accepted it, based on false promises such as "guaranteed $20 price" and "XPY debit card" and "major retailer acceptance" and "Paybase services" and things like that.  You know, basically fraud.


So at what point was it a legitimate business of any kind?  Wasn't it all a scam from the start, which just kept morphing into different kinds of scams?

If any of my facts are incorrect, please tell us what really happened.
1171  Bitcoin / Bitcoin Discussion / Re: University of Cumbria free currency course w/ added bonus communist propaganda on: January 28, 2015, 05:23:18 PM
Quote
we can explore and design the innovations that use currencies as tools in service of a productive community

So "we" (meaning you and not me)
can "design" (meaning centrally plan and dictate)
the "innovations" (restrictive laws)
that "use currencies as tools" (take away our assets and therefore our power to stay free)
in "service" (enforced servitude)
of a "productive community" (community means everybody, but not any individuals.  so it doesn't apply to you personally, it's always for other people)
1172  Bitcoin / Bitcoin Discussion / University of Cumbria free currency course w/ added bonus communist propaganda on: January 28, 2015, 05:17:37 PM

http://www.coindesk.com/bitcoin-friendly-university-offers-free-course-future-money/


Quote
The University of Cumbria has announced the launch of a free online Masters-level course that will look at the future of money.

The month long 'Money and Society' MOOC (massive open online course) will be targeted at "monetary innovators and activists from any political persuasion", and look into "the essence of money and how it has been interpreted and misinterpreted over the last three millennia", according to the university.

Among other things, the course will seek to address the "dangerous assumption, prevalent in the bitcoin community, that money is best understood as an asset with value in itself".

Professor Jem Bendell, co-designer of the course, said:

"Once we understand that a currency is a process, not a thing, we can explore and design the innovations that use currencies as tools in service of a productive community."

More than one hundred students have already signed up to the course, which is due to start on 16th February. Notably, the British university also accepts bitcoin for tuition fees.


Yes, please "teach" us.  Teach us how money shouldn't have any value.  Then we can talk later about what we should be allowed to have that does have value.  A house and land?  No, the government will take that from you if you go 1 year without paying more taxes.  Let me guess - we don't need anything of value, because the government will provide for us?
1173  Economy / Scam Accusations / Re: WoodCollector the saga continues?.... on: January 27, 2015, 06:59:45 PM
I'm trying to figure out how he would use a laser to cut the design, but then carve all around the design. 

Because the design is raised, so the laser would have to be used to cut everything except the design.  Right?



1174  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [FRAC] Fractalcoin | **Added to Cryptsy** | X11 | Slingshield | % fees on: January 27, 2015, 04:10:38 PM
You'll always be the original developer - but if you had that plant, you would also be the community developer.  
1175  Alternate cryptocurrencies / Altcoin Discussion / Re: Paycoin (XPY) = Federal Reserve on: January 26, 2015, 10:40:34 PM
Quote from: coinfire.cf
... a statement from Mr. Garza in August of 2014. Mr. Garza stated that a percentage of the profits for ZenPool came from “day trading.” The fact that he stated it was from day trading created a situation in which, according to various securities laws, makes it a security.

See, they had sold people more Scrypt hashing power than existed on the entire network.  So they had to admit that "not all" of the money was coming from mining. 

https://coinfire.cf/2015/01/19/sec-investigation-of-gaw-miners-underway/

Hard to see when someone hacked Coinfire http://cointelegraph.com/news/113353/coinfire-site-and-twitter-account-hacked

And I got a browser warning when I tried to go to coinfire.  It looks like GAW fans are lashing out, but then there's the counter-conspiracy theory saying that Coinfire pretended to hack themselves.  Not very likely, if the site's still down.
1176  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [FRAC] Fractalcoin | **Added to Cryptsy** | X11 | Slingshield | % fees on: January 26, 2015, 08:27:14 PM
Well, the other day I installed wallets on new computers, and they couldn't connect.  You came through fast with the DNS seeder, which fixed a critical problem.  If you hadn't, people could use the peers.dat I uploaded here - but only if they cared enough to look, and then happened to find this topic.  So it's good to have someone on top of things like that. 

But as long as fractalco.in stays up, and if the transaction fees were smoothed out, I don't see any other pressing issues that need attention at this time.

What else about the coin are you unhappy with, other than the relatively low participation?

Don't you think that's a cool plant?
1177  Other / Beginners & Help / Re: If Satoshi Nakamoto wanted to collect his keys, how would he do it? on: January 26, 2015, 08:06:44 PM
Edward Snowden can confirm Satoshi Nakamoto's real identity. Snowden helped implement Bitcoin with Hal Finney. Bitcoin is tied in with all that Snowden drama. It's not coincidence.

I'm sure you know all about Satoshi, even though you don't know how to use a Bitcoin wallet.

Please tell us more about how you would collect your keys if they were owed to you.  Because, like you said, Bitcoin is based on trust.  Without that, the whole system will fall apart.
1178  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [FRAC] Fractalcoin | **Added to Cryptsy** | X11 | Slingshield | % fees on: January 26, 2015, 07:31:00 PM
I have decided to enhance the community development bounty with the addition of this gift as payment -

A prized specimen of euphorbia tirucalli, or the Pencil Cactus Tree, from the private collection kept in my personal aboretum.

Any person who successfully applies for the position of lead community developer for Fractalcoin is entitled to this plant;  but also required to accept it.







1179  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CON] PayCon X13 POW/POS - Now on C-CEX, POW-POS Phase- Get Your CON On!! on: January 25, 2015, 02:43:05 PM
Hey, how come we lost like 3 pages of stuff?

This topic was forked, invalid posts were rejected
1180  Bitcoin / Bitcoin Discussion / Re: Bill Gates 3 problems with BTC on: January 25, 2015, 03:31:59 AM
#1, poor people can use it just like they use any money.  They just use less of it.

Who is using mobile phone minutes as currency in Africa?  Was that the rich people?  Or is it the poor people, who Bill Gates assumes are too stupid to figure out digital currency?  Poor people are MORE likely to benefit from Bitcoin, around the world.

Poor people can't handle the risk, the volatility?  Who buys the majority of lottery tickets - is it rich people, or poor people?  Poor people already buy $10 worth of lottery tickets which might be worth $0.00 tomorrow, so they can certainly benefit by buying $10.00 worth of bitcoins which might be worth $5.00 tomorrow (and can function as perpetual lottery tickets, they can check their winnings every day without buying more every day).

#2, we don't need refunds and chargebacks.  If we give someone the power to take back any transaction we make, then that someone has complete control over our money and can take it whenever they decide.

#3, he's describing a problem for government overseers, not a problem for we the people.

His solution is to take the potential of Bitcoin and turn it into an Orwellian nightmare.  "Now with Bitcoin, people can monitor EVERY CENT YOU SPEND!  Isn't that wonderful?  They can already monitor everything you say, and now as an added bonus they will know what you buy as soon as you buy it!  Just trust them, they won't abuse the power like those other times."  

Give complete trust to the government over every aspect of our lives, that's what Bill Gates thinks cryptocurrency is for.
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