GAW ZenCloud ZenPool Hashlet - does it really exist? ALWAYS MAKE MONEY :-)

[welchy8764]

It's a SHA256 coin with some centralization sprinkled on it [...]

Which is funny, because the email I just got says:

There are problems in cryptocurrency. Wild volatility, slow adoption, and vulnerability to centralization.

Apparently the cure for centralization is centralization! Wait, what?

Transactional Immutability’s Speed of Network Visibility for HashCoin-- Along with the Hive of primes  has centralization written all over it. The internal Hives of Primes(SQL Servers) will need to have special code to accommodate the data integrity issues that will arise.

[mutha]

https://bitcointalk.org/index.php?topic=845665.0

Even funnier than that... This caught me eye earlier, while hunting for cheap BTC. 

http://www.ebay.com/itm/Create-your-own-ALTCOIN-virtual-currency-like-LITECOIN-or-BITCOIN-/121467372496?pt=US_Virtual_Currency&hash=item1c480503d0

Sigh... Whatta deal!

[kupan787]

There are only so many outcomes for this:

1) Josh really truly believes he is on to something, and is a man of the people and wants to share his idea with the masses. In the process, he makes some good money, but all goes to plan and he is running a true "bitcoin 2.0" crypto-currency.

2) Total scam job. Josh knows it, and is just trying to milk it as long as possible. If that is the case, I can only hope CNBC will run an American Greed episode covering this.

Either way, i'd be sweating the big stuff if I was in his shoes. He has a lot riding on this. If all goes well, he'll be praised, and a lot of people here will be eating crow. If it goes down the crapper, at best he'll be run out of the crypto-space. At worst he'll end up in jail with massive restitution fines against him.

From reading a number of his posts, email announcements, and responses to his customers, I get the feeling the guy has a huge ego. So he has to make this bigger than life image to pump himself up.  Which makes me think that he is somewhere in the middle of the above two options. He may have started as number 1, but slowly crept into number 2. Not because he wanted to run a scam, but he realized he needed money to get his idea off the ground, and the whole thing snowballed.

There is just a lot of promises being made, which as the saying goes "if it's too good to be true..."

[kupan787]

Transactional Immutability’s Speed of Network Visibility for HashCoin-- Along with the Hive of primes  has centralization written all over it. The internal Hives of Primes(SQL Servers) will need to have special code to accommodate the data integrity issues that will arise.

[offtopic]
I'd hope they'd invest in something other than SQL Server. Oracle can be pricy, but worth it. I've heard good things about Postgresql, though I've never used it.

I'm in a mixed environment now at my work of Oracle and SQL Server. God I hate SQL Server.
[/offtopic]

But back to the discussion at hand, if they don't open this up to any miner/exchanges, I just don't see how it has any value. Doesn't it just become a circle-jerk for those that are in the circle passing around coins?

[welchy8764]

Still sticking with "Hashcoin" .. Its should be more like someone "Save my ass coin"

[verloren]

...

I know we love to hang here at HT, and this is our cozy home. The problem is that if we never leave, the trolls start to run rampant.

If each of you would be so kind as to take a minute and post your positive experiences with us in the Comments here, we can drown out the trolls.

[KC6TTR]

There are only so many outcomes for this:

1) Josh really truly believes he is on to something, and is a man of the people and wants to share his idea with the masses. In the process, he makes some good money, but all goes to plan and he is running a true "bitcoin 2.0" crypto-currency.

2) Total scam job. Josh knows it, and is just trying to milk it as long as possible. If that is the case, I can only hope CNBC will run an American Greed episode covering this.

Either way, i'd be sweating the big stuff if I was in his shoes. He has a lot riding on this. If all goes well, he'll be praised, and a lot of people here will be eating crow. If it goes down the crapper, at best he'll be run out of the crypto-space. At worst he'll end up in jail with massive restitution fines against him.

From reading a number of his posts, email announcements, and responses to his customers, I get the feeling the guy has a huge ego. So he has to make this bigger than life image to pump himself up.  Which makes me think that he is somewhere in the middle of the above two options. He may have started as number 1, but slowly crept into number 2. Not because he wanted to run a scam, but he realized he needed money to get his idea off the ground, and the whole thing snowballed.

There is just a lot of promises being made, which as the saying goes "if it's too good to be true..."

Even if I do not subscribe to #1 one bit and put my money on #2, your overall post is very well thought-out and EXCELLENT. Wish we had a tip bot here... You've earned some real coinage. 

Scott-

[Anonymousg64]

skepticism is ok, ad hominem and other attacks is not

people are jumping to conclusion without evidence,
Prime controllers might not have anything to do with the prime miners,

from the white paper draft
"Controllers exist in the peer-to-peer network to assist in the speed of the transactional locking that occurs as part of the Transactional Immutability capabilities of HashCoin."
so it must be a piece of code in the hascoind, a decentralized technology
otherwise it must be a blockchain app


the idea is dead in the water if it brings a central point of failure, so i really doubt thats what they are going for

[ZiG]

and I am proud to announce my NEW Coin ...: "RETARDCoin"...(Copyright by ZiG   )...:

"Abstract:

HashRETARDCoin is the first HybridRETARDFlex decentralized cryptographic currency with Transactional RETARDation Immutability based on the work of Satoshi Nakamoto. An enhanced co-algorithmic hashing on the Proof-of-Work RETARDation SHA256 algorithm and an ageless Proof-of-Transactional-Viability RETARDation algorithm progresses the HybridRETARDFlex blockchain through a unique set of Prime RETARD Controllers and a GrowthRETARD-Protected reward scheduling system. "  ...

COMPLETE NONSENSE ...

Are you guys still thinking that you are MINING ...or GAW has anything to do with MINING...

Virtual casino...derivatives ...at their BEST...

Cheers,

ZiG

EDIT: RETARDCoin is guaranteed to grow a $1 per day until..."Infinity"...to the "End of Days"..."BELIEVE ME !!!"... ...if NOT ... ask Josh Garza... greatest "Industry Innovator" ...

[KC6TTR]

Real or not, there was a time when "it was all good"...

Then I woke up! 

[Anonymousg64]

and now you suffer from sellout self validation syndrome, congratulation

you will seek every opportunity to make sure you made the right choice, your mind will deny any other reality that invalidates your choice.

[galdur]

Wonder how the zenpool contract negotiations are going.

[KC6TTR]

and now you suffer from sellout self validation syndrome, congratulation

Just another day in the office. ;-)

[Anonymousg64]

wow, you sure are a contribution to humanity and the quality of living everywhere

you must worship Ayn Rand, am i correct?

but you stole that image, http://knoxdaytrader.com/uncategorized/trading-desk/
and photoshoped it

im afraid your situation worst then i though, your actually a poor man suffering of delusional fixations for unattainable levels of wealth who thought he made the right decision selling his 5 primes at 34$
or maybe worse, your a basement dweller of your grandmothers house, your mother didnt let you stay

[suchmoon]

Wonder how the zenpool contract negotiations are going.

I don't believe they have any time for that. All of their resources must be focused towards writing the remaining 90% of the white paper and perhaps actually developing and testing that thing in the next 3-5 weeks (not sure when exactly the network needs to be live - there are no dates announced past round 3, December 8 ).

[Searing]

hmmmm.have a GAW tagline...is it GAW making money? is it GAW losing money (thus their coin) is it folk still making  money or no way sure wtf is going on yet?

not sure but thinking about how 'silly hairless human primates behave" on any given day...i probably SHOULD keep the tagline and get some of these GAW coins

because at least initially.....(ponzi? silly humans? greed?) they are likely imho to go thru the roof

still at a loss on wtf is really going on with GAW .....still hanging on to the gaw tagline below...but sheesh........is it an evolution to something that at least

kinda sorta going to work ..or is it a slowly everchanging morphing ponzi scheme.......?

confused to say the least guess this next month of the below tagline I will get popcorn and watch imho it will all blow up this month or work in some half

assed manner..either/or? (better minds then me wtf is going on?)

[Anonymousg64]

hmmmm.have a GAW tagline...is it GAW making money? is it GAW losing money (thus their coin) is it folk still making  money or no way sure wtf is going on yet?

not sure but thinking about how 'silly hairless human primates behave" on any given day...i probably SHOULD keep the tagline and get some of these GAW coins

because at least initially.....(ponzi? silly humans? greed?) they are likely imho to go thru the roof

still at a loss on wtf is really going on with GAW .....still hanging on to the gaw tagline below...but sheesh........is it an evolution to something that at least

kinda sorta going to work ..or is it a slowly everchanging morphing ponzi scheme.......?

confused to say the least guess this next month of the below tagline I will get popcorn and watch imho it will all blow up this month or work in some half

assed manner..either/or? (better minds then me wtf is going on?)

in a world of legit(decreed by the masses and elites) and scam ponzi schemes, what do you expect, the whole world is living some lie or another

[galdur]

Wonder how the zenpool contract negotiations are going.

I don't believe they have any time for that. All of their resources must be focused towards writing the remaining 90% of the white paper and perhaps actually developing and testing that thing in the next 3-5 weeks (not sure when exactly the network needs to be live - there are no dates announced past round 3, December 8 ).

Since they evidently start contract re-negotiations the day after contracts expire I don´t think the timetables of their other schemes can be taken very seriously.

[suchmoon]

Please be careful with feeding Anonymousg64 here, an account dormant for 4 months suddenly comes back to life and posts exclusively in this thread.

[Anonymousg64]

Please be careful with feeding Anonymousg64 here, an account dormant for 4 months suddenly comes back to life and posts exclusively in this thread.

sorry if i dont waste my time just browsing bitcointalk, i did visit a few thrings not logged on in that period