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Wait, doog is back in business!? This is awesome!!
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That is likely just the attorney the US Patent and Trademark office utilized [at random from within their pool] to review the application and provide a go/no-go recommendation. It is our bureaucracy at its finest. The attorney may not even be doing their due diligence before signing off on things so they can bill a US Gov. agency $$$ for their time. The question now becomes who is policing these contracted attorneys? In my opinion, ALL patent and trademark review should be done IN-HOUSE by the USPTO (like it use to be) and not subbed out. Scott- ERMEHGRD BIG GUBMINT! |
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Well I just threw .5btc into the hat on umisoo. Got ~1.8 TH out of it.
So can anyone tell me how payouts work? Does it just get credited to my btc balance? Or do I need to specify an external address somewhere?
Also, inside settings I see a checkbox that says "I agree to use USD for maintenance fees" - what is that? Should I have it checked?
Sorry for the newbie questions, the site isn't the most user friendly
Edit: NM, just saw that earnings are credited immediately. Ok, that's pretty damn cool.
when you buy umisoo will show how much you have in shares then each day you will be paid out the earnings Minus the maintanance fees ofcourse. I really do not know what time they make payments i know they say they have a set time but never seem to be with what i am told unless i am converting the time zones wrong as i am in the USA and they are not As of right now, it looks like after a block is solved after a few minutes it gets credited to your account immediately, and it's available for withdrawal immediately. Like I said, it's pretty cool  Never seen a system that makes it available so fast. |
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Well I just threw .5btc into the hat on umisoo. Got ~1.8 TH out of it.
So can anyone tell me how payouts work? Does it just get credited to my btc balance? Or do I need to specify an external address somewhere?
Also, inside settings I see a checkbox that says "I agree to use USD for maintenance fees" - what is that? Should I have it checked?
Sorry for the newbie questions, the site isn't the most user friendly
Edit: NM, just saw that earnings are credited immediately. Ok, that's pretty damn cool.
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The details of the program will be released when it launches. You will have a month to make your mind on what you want to do. That should be more than enough time Trying to think what the trick is here with this 30 day period to decide if you want to sign up or not. Why 30 days? What can possibly take so long or require such a particular length of time. What's the catch? 1. As everyone fears, FC FS even so, that wouldn't require 30 days? 2. Terms are so unpalatable no one dares sign up, but he drops incentives throughout the 30 days to coax them in? 3. Some sort of staggered or tiered thing, 1st week sign up x something, 2nd week sign up y something etc. ? 4. ? What is Homero up to , seems to blase about it all take it or leave it, you have ample time in 30 days to decide if you want in or not. Sounds way more complicated than what is on offer, to the point it is yet another investment scheme on top of all his other schemes. Something stinks. If you sign up in 24 hours you get your 20 dollars, by boy oh boy, if you give us another 20 dollars, we'll quadruple your paycoin and we'll include this and on top of that, this Very suspicious. Is there any significance to the date of Feb 1st? Aside from the start of the month. Any regulations laws, something out there coinciding with this date or exactly a month after? Well, he already stated folks will need to submit photos of themselves, their ID's, probably their SSNs, etc. It's a trove of data. A lot of folks probably aren't going to be comfortable with that. |
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An open offer to Mr Garza I am willing to turn GAW around as a company with the following stipulations. 1. 1-1.5 Million/year salary 2. CEO title (I manage all aspects of the company and all subsidiaries) 3. I bring my personal team on board (with relocation assistance and benefits) 4. Full medical benefits 5. Relocation assistance 6. You become a silent investor 7. I receive full immunity from previous mistakes that has happened in the past (indemnification for me and my team) Take this as a joke or not, if you want to talk let me know  TheMage4prez! |
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Just wanted to give everyone an update that we haven't lost lawsuit. Doesn't have anyone on staff to answer this my ass. He simply wants to plant the seed that sites citing "false reporting" will have to amend things. He knows the answer to this. He just wants to pretend he doesn't in an effort to make it seem an action is incoming.... which it isn't. Anybody have an archive/screenshot of this post? Looks like it was deleted from Hashtalk? At least the link doesn't work for me. His actual attorney probably told him to knock it the fark off. |
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Years later, detractors would use one of the original GAW’s biggest scrapes to discredit the second GAW, though it was a textbook example of why major providers avoided rural services. GAW was offered a $40,000 grant to serve Ashfield, Massachusetts, but the city went years without access before Garza gave up in 2012, unable to find a tower location. He never completed the job.
Why am I not surprised, he pocketed the cash. Probably used it for the tummy tuck and breast implants for the wifey
Not to stand behind mr. garza and crew, but the true fact is: “They never received a dollar from the ($40,000) grant they were awarded from the Mass. Broadband Institute.” http://www.recorder.com/home/3333268-95/ashfield-service-speed-internetMaybe it's because he nor his business were EVER commercially licensed by the FCC as a wireless broadband provider and the money wouldn't have been enough to purchase or lease a license - let alone rack and tower space on any hill. Anyone can be a grant writer and even on occasion get a grant awarded to them, but if they don't have all their ducks in a row, which is very common for Garza, their project is doomed before it even begins. Scott- Just to chime in - a lot of that is flexible. If GAW was just handling the hardware, right-of-way, and peering contracts, AND the broadcast license is provided to the municipality, it's a very different case than if a private operator does it all. Demarcation points and who-owns-what are half the fun of telecom (that fun is sarcastic, btw) It looks like (he) they were trying to claim/do it all...  So basically everything after the backhaul. Yeah, that wouldn't happen. Honestly, GAW wouldn't even have enough cash to scratch the surface of a spectrum auction. Now, because it's a rural area the FCC could grant some exceptions, but it's not likely. I wonder how he was actually planning to do it? |
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Years later, detractors would use one of the original GAW’s biggest scrapes to discredit the second GAW, though it was a textbook example of why major providers avoided rural services. GAW was offered a $40,000 grant to serve Ashfield, Massachusetts, but the city went years without access before Garza gave up in 2012, unable to find a tower location. He never completed the job.
Why am I not surprised, he pocketed the cash. Probably used it for the tummy tuck and breast implants for the wifey
Not to stand behind mr. garza and crew, but the true fact is: “They never received a dollar from the ($40,000) grant they were awarded from the Mass. Broadband Institute.” http://www.recorder.com/home/3333268-95/ashfield-service-speed-internetMaybe it's because he nor his business were EVER commercially licensed by the FCC as a wireless broadband provider and the money wouldn't have been enough to purchase or lease a license - let alone rack and tower space on any hill. Anyone can be a grant writer and even on occasion get a grant awarded to them, but if they don't have all their ducks in a row, which is very common for Garza, their project is doomed before it even begins. Scott- Just to chime in - a lot of that is flexible. If GAW was just handling the hardware, right-of-way, and peering contracts, AND the broadcast license is provided to the municipality, it's a very different case than if a private operator does it all. Demarcation points and who-owns-what are half the fun of telecom (that fun is sarcastic, btw) |
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Of course, just like naval academies around the world are copying the success of the white star line |
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I really wish the article wouldn't portray the "floor" as a misunderstanding. They take Garza's quote, but do not mention that there is copious amounts of hard evidence that Garza stated GAW would purchase coins for $20.
Basically, they forget to mention that he's a farking liar.
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Well, he made the mainstream news.. finally.. Very good stuff, thanks, fills in a lot of blanks for me actually.  Careful, mods have been deleting cat pictures! |
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I'd like to thank everyone, especially Suchmoon, for posting here and making the crypto community aware of the Gawminers scam.
I believe we saved a lot of innocent people's money, maybe even hundreds of thousands of dollars worth.
Theres some good investigating work that most likely convinced new people to avoid Gaw's fraud and helped people realize that they are just based off of lies and fraud.
I know I avoided losing money largely because of this thread. Thanks to all of the posters of a couple of months ago. Sadly some of us didn't find it in time  C'est la vie I guess. |
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Hi Eric. I, for one, am happy to see you here. Glad to see you progressing on to bigger/better things.
Scott-
I must say, I find it funny that the caricature the HT echo chamber presents of bitcointalk is that we're horrible, evil people who want nothing but to make the world burn, and yet we see stuff like this. It makes me think a lot of folks have never actually been here and tried to be part of the community. Now reddit, that place can be a nightmare depending on the weather and I kinda agree with some of the sentiment about it. |
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Odd because when I am logged in, I see no posts of my own and permission denied on just about everything... If I log out, I can see it all again... Guess that's how the infamous shadow ban works... Oh the irony. Yep, I'm pretty sure I'm Shadow Banned as well. I tried downvoting someone and it told me I don't have he reputation. Who knows. Not that I care anymore - I honestly am amazed it took that long given the number of times I flat out pointed out missteps of Garza. Given the subtext you included about "protections afforded in my situation" regarding NDAs - I take it you guys didn't part with the company on great terms, and there may be some shadiness. Obviously you can't comment on that without checking with a lawyer first (or at least, I wouldn't - CYA at this point). Hope you're doing well and Homero isn't threatening you guys with lawyers like he threatens everyone else. Either way, welcome to the peanut gallery with the rest of us. I know you can't say much about the conditions of you or jmordica's leaving. |
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So do I need to purchase the approximate amount that it would cost to buy an S4? Or can I just use a few satoshi at a time?
I'm trying to figure out the site but it's kind of Engrish-tastic (not that I have a problem with that, it's pretty darn good for an English translation but there still is a lot of clarity lacking).
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I don't think he/she is right about ZenCloud addresses. GAW can keep those coins in one wallet, accounting done via database. As for Paybase - yes, each user has to have at least one address (I don't recall if you can generate multiple). It might even be possible to find out which ones belong to Paybase specifically - they might be all swept to the same cold wallet. However this also means that deposit addresses are likely to be empty most of the time, so going by non-zero balance alone is not a good way to gauge the number of users. Someone needs to do some blockchain sleuthing. Having said that I wouldn't be surprised if the number of GAW/Paybase customers doesn't reach five figures. You'd think there would be a lot more outcry if they had 100k or even 10k customers seeing their "investments" decimated by 90%. Someone in the ht thread said that a total of more than 100,000 addresses were ever used. In other news, Josh unbanned me (again) yesterday after his post on bans. Wonder what motivated that. Having said that I wouldn't be surprised if the number of GAW/Paybase customers doesn't reach five figures. You'd think there would be a lot more outcry if they had 100k or even 10k customers seeing their "investments" decimated by 90%.
I agree. The total number of active wallets was 6,700. Could some people have 10-100 addresses? Of course. As it stands there is no more than 6,700 wallets (addresses) with any coins in them. I'd suspect the actual number of people to be less than that for obvious reasons. People having multiple wallets on different exchanges etc. It's a good point that there isn't too much of an outcry. I personally have 4 addresses. The one I had for the desktop wallet, the one on zencloud, the one on paybase, and the one on cryptsy. If that's the case for more folks it could easily cut the number down significantly. How many of those have coins in them right now? Probably only your desktop one, if you still have any there. I think most of them have tiny fractions of XPY in them - the drippings when you aren't 100% exacting about your withdrawals because the display doesn't provide enough precision. The zencloud and cryptsy one have some in them at the moment too but again it's fractions of xpy. |
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Having said that I wouldn't be surprised if the number of GAW/Paybase customers doesn't reach five figures. You'd think there would be a lot more outcry if they had 100k or even 10k customers seeing their "investments" decimated by 90%.
I agree. The total number of active wallets was 6,700. Could some people have 10-100 addresses? Of course. As it stands there is no more than 6,700 wallets (addresses) with any coins in them. I'd suspect the actual number of people to be less than that for obvious reasons. People having multiple wallets on different exchanges etc. It's a good point that there isn't too much of an outcry. I personally have 4 addresses. The one I had for the desktop wallet, the one on zencloud, the one on paybase, and the one on cryptsy. If that's the case for more folks it could easily cut the number down significantly. |
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I have to agree with you stranger with all the shit they pulled GAW miners should pay for it themselves. What? They are going to milk more money out of their investors based on their fuck ups? That's just sad. Considering there are thousands of bitcoins in Josh's wallet, he can't pony up to save a coin he created?
Shit like this always makes me laugh. Isn't the whole point of crypto to cut out all these middlemen? GAW doesn't need anyone to do anything for them to accept XPY, all they need to do is start accepting it. Why on earth should the believers pay any BTC to give them the ability to use their XPY with GAW? accepts XPY. At 20$/coin, right?  No, at current price. Don't get me wrong, I'm not defending GAW, but it's not true that "all they need to do is start accepting it". Honoring the price they quoted would certainly put upward pressure on the order books and raise the overall market price though. I think it's funny that to this day on zencloud:  If they reinstated the floor for more than 30 minutes, yes. But that's not the same as simply accepting it at current prices. What's your guess for Feb 1st? You're 100% correct. Garza is a king at keeping his word, but in a djinn sort of way. "At one moment we had over 500k/sec being spent to support the floor!" That's true, because if you spend 500k once, then technically at one point you were spending 500k/sec. You just didn't do it more than one second. Technically correct? Yup. Misleading as hell? Absolutely. Honestly, I have found I can't predict what GAW will do other than screw their customers. I'm thinking Homero is going to take all the coins in escrow, put them in GAW (a separate legal entity from Paybase) OR some other entity that has a prime controller, and then use the PoS minting to trade the coins for BTC. Those coins will then be sent monthly to the people who have paid into the escrow program, with additional padding from their coffers to hit the 100k minimum. That's just a guess though. I could be 100% wrong. As for trading, I have no idea what will happen to the price. A short bubble is almost definite, but I have no idea about long term. |
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I have to agree with you stranger with all the shit they pulled GAW miners should pay for it themselves. What? They are going to milk more money out of their investors based on their fuck ups? That's just sad. Considering there are thousands of bitcoins in Josh's wallet, he can't pony up to save a coin he created?
Shit like this always makes me laugh. Isn't the whole point of crypto to cut out all these middlemen? GAW doesn't need anyone to do anything for them to accept XPY, all they need to do is start accepting it. Why on earth should the believers pay any BTC to give them the ability to use their XPY with GAW? accepts XPY. At 20$/coin, right? No, at current price. Don't get me wrong, I'm not defending GAW, but it's not true that "all they need to do is start accepting it". Honoring the price they quoted would certainly put upward pressure on the order books and raise the overall market price though. I think it's funny that to this day on zencloud: |
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