Its not because Im given privileged information (unasked) that I use that info for my assessment. I was told and given evidence kryptologika owned AMhash shares, but the scoring didnt reflect that, it still scored bad points for proving hashrate ownership, because the information wasnt public. Of course it became a different story once I knew kryptologika no longer had access to the hashrate it owned, and declined to share that info with its customer because 'they need not know'.


Exactly. It therefore has no place in this list, but if you want my personal 2 cents: stay away. The whole scheme seems predicated on pump and dump coins.

Yawn. Still doesnt matter, of course they can dump for free, but the pumping part is not done with XPY, you cant buy XPY with XPY, you need fiat or bitcoins to pump. So the question remains open if they are getting more fiat/btc out than they are pumping in, or if you prefer, more than they would if they just dumped their XPY stash.

You just assume this to be the case, but it requires the "idiots" to keep pouring in fresh money (not XPY) and its not at all obvious if that is happening, for sure the price doesnt tell you that.

That doesnt matter. If you are the only trader you can pump to the moon but dumping still wont make you a nickel more than you began with. You can only make a profit if you can dump on to other people's bids, and if no fresh capital is brought to the market by others, you dont profit from pump and dump. Hence its not obvious at all if its working.

Airwolf to the rescue!



UNfortunately, like the series, only 8 year olds would lend it credibility, and he is way behind the curve.

Id love to know if garza's pump and dump is actually working for him. Its easy enough to pump the price if you have the money; and once the price starts going up, Im sure many XPY bagholders will hold, which will further help the price up, but unless with each pump you get the sheep to throw additional dollar/btc in to the market, the subsequent dumping wont yield Garza a profit; on the contrary, as it would only allow some of the less braindead bagholders to get out.

I dont think anyone from AM ever said it was stolen, I believe the words used where that the farm became "unavailable to them". (of course die hard libertarians wouldnt make much difference between theft and impounding)

The network effect.  Same reason  no one is going to dethrone Facebook, or LinkedIn anytime soon no matter how good they make the site.  After all its fairly trivial to make something better than  eg  Facebook,  but no one is going  to use it because...  No one uses it.

Even if the software turns out to be amazing, who's going to maintain it? Proprietary forum software developed by a temporary association of overpriced devs is a security disaster waiting to happen. Im pretty sure this will also prove why companies usually dont put inexperienced ~18 year olds in charge of large software development projects

I give it 3 to 6 months before this 1.5M software is dumped in favor of some standard platform.

They got what, like $500K so far? And they probably get to keep the domain, I cant imagine the owner being very unhappy about that.

Yes. The social security thing was introduced over a month ago, maybe two. No problems with the card, just impossible to use mychoice website. Cant log in with the card number because it requires the SS number, and I cant log in with my email/pw account I made earlier, either I forgot my password there, or it no longer works, and resetting the password doesnt work either, I never the get email that supposedly lets me reset it.

ok, didnt know that. I assumed he was talking about his own company, not gaw, but it seemed weird and this makes more sense. Still not proof they are broke though, but clearly they will be one day with no cash flow.

AFAICT, he is talking about his own situation: "I need to support my family and as an independent I need to know that what I am working on has a future. Otherwise, I need to find new work which takes a lot of time as you know. That is all this is about.
 
Next week sometime is fine. We are working on bringing in some cash but we can’t pay everyone we owe now because of our cash flow. I just don’t want to wake up one day and find out I don’t have any income."

He might be worried (and should be), but that is simply not proof that GAW is bankrupt

I see no such proof at all; all I see is a lawyer who actually got paid, but wants a retainer, and JG agrees to it.

Spell checking Garza's emails and posts ? @ $1 per correction and the retainer probably doesnt cut it. No wonder they increased it from 15K to 20K per month

Its $20K per month. Not that I disagree with the rest.

'kidnapped' and 'stolen' by these guys most likely:



Or if he was lucky

sunk-cost fallacy. Im sure many people now would rather hope for a miracle than recover pennies on the dollar.

How? When I first got the card, I managed to log in to Mychoice website and register the card there, and I saw an option to fund the card through SEPA. However, lately Mychoice asks for the last digits of my social security number, which I dont have, and havent provided, so I can not log in there anymore.

Why would bitmain want to buy it? Their 28nm chip is in the same ballbark as BE300, and its safe to assume their next gen is already being worked on and might arrive before they could get BE300 up and running.

BTW, bitmain website is down.

Thats the question, and my guess is, its the latter. Its the only explanation that makes sense and would also explain FC being on the run. Unfortunately, it also means chances of recovery basically hinge on FC getting out of China and doing the right thing with his BTC stash, assuming there is still enough in there.