At 20$/coin, right? 

lol, some of us were mining bitcoin with GAW at the same time we were mining the hashpoints.

Funny enough, 10GH of sha still sells for ~$3 there, and with the low low maintenance fee of $.02!

Let's be fair here. A lot of folks got into GAW when zencloud was still paying top dollar as far as cloud mining goes. That was my case. I sunk about $2k in and enjoyed about 2 weeks of $20/day payouts. Then over the course of 2 weeks that dropped down to about $6/day. Then $2/day. The option to at least try to get ROI with paycoin made sense. I mean, it's not unheard of in securities for early adopters to get preferential prices (up to and including free). Up until then what we knew was that, while GAW had had some troubles in the past, they were taking and fulfilling orders for real hardware, they had datacenters, they had a physical location in the US and were inviting people to visit, and they had a confirmation from bitmain that they had massive hashpower on order. There was a lot of evidence in their favor - especially if you're someone on HT who is fully immersed in the echo chamber.

The folks who are out 24k are still out 24k. That's enough punishment. They don't need folks calling them fucking morons and making it worse. They know full well that they made a bad choice.

So I have a hashnest account but haven't done much with it yet. How are the returns? Decent?

I'm really liking the idea that I can use it as a way to slowly build up equity to buy mining gear.

Yup, it sucks. But it's a good thing to keep in mind whenever you make an investment. It can always go south, hedge your bets. Think about the max you can lose comfortably, and use half of that. Don't ever borrow cash unless you know for a fact you can pay it back without a problem.

I mentioned that once on hashtalk and that fuckface rootdude ripped into me because I was "acting high and mighty" because I suggested people be careful. I got tempbanned because I offered good investing advice. He starts verbally assaulting people and gets made into a mod.

Here's hoping his GAW pumping earns him a nice place in hell next to Homero.

I was a bag holder. I was lucky enough to log on fairly soon after the ICO and managed to sell about half my coins at 14$, so I made a decent enough profit. However I sold the other half this morning at about 2.30. Sucks, but that's the gamble you make.

Sadly, what should have been profit on the first part just paid off a btcjam loan that was paying for shares on ltcgear, which went belly up about the same time.

I rolled the dice and lost. It happens.

The folks I feel really bad for are the ones who took out loans and convinced family to get involved with GAW.

Welp, just got the last of my XPY sold off. Less than 2 damn dollars a coin. Should have sold at 14$ when I had the chance.

C'est la vie.

Now I'm just waiting for my genesis hashlets to sell and then I can wash my hands of GAW for good.

Interesting, Commander-in-Thief has stated that Paybase is an entirely separate company from GAW:



Like I said before - this could be the catch in Garza's statement that a 3rd party would handle escrow.

Paybase issues the buyback, GAW holds the coins. There's your third party.

For some reason I had you ignored.
Either way, you're right. On top of that when the domain is expiring they send you almost daily notices. Even the crappy registrars. It's very hard to "let a domain expire" without being aware of it expiring.

Looks like he might just be a douchebag who laughs at people getting hacked, instead of a douchebag criminal.

Either way, he's still a douchebag.

Did you just get your twitter account back?


On the upside I think there is a ton of info to prove to the registrar that you were hacked.

Look at the last post on the second link. Whoever that user is, Bl4nk, is the one who currently controls their twitter account. Hence the screenshot of the account deactivation page.

Only one I found is this:

Fark it. Selling my XPY now. I want nothing to do with GAW or their coin.

I don't care that it's for a loss.

Fark this.

Crap. I wonder if they just forgot to renew their domain?

That means that the URL coinfire.cf takes you to has a different common name on its SSL certificate. It could be something as simple as the website being set to redirect you to www.coinfire.cf and the certificate has coinfire.cf on it.


That said, when I go there I'm being taken to a DNS hijack page.

There are some slimy ways to handle it depending on corporate structure as well. If GAW is registered separately from GAW Miners, then technically he could say it's held in escrow by GAW for GAW Miners and not be lying or (I think) breaking the law.

Yup. Part of a libel/slander lawsuit is proving that the person you are suing is lying. If they are telling the truth, you have no case.

My old prof in college used to put it this way: "Truth is the ultimate defense for a slander case."

Yeah, I have no aspirations of ever getting $20 back. However I'd like to get back more than 1-2 dollars a coin. I've written off what I have in XPY already, but if I can find a more advantageous exit point I'd like to do that, know what I mean?

If other folks think there is a chance, there could be a small buying spree and that could drive the price up a little bit, giving me a better exit point.

This is now speculation money to play with. Like I said, I've written it off.