kerafym
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THE GAME OF CHANCE. CHANGED.
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November 04, 2014, 12:25:12 PM |
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Anyone get affected by the legacy mining shut down?
How are they going to compensate miner for per-maturely ending the service?
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alienesb
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 04, 2014, 12:30:43 PM |
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Yea, first it was "We are merging with merchants who will be accepting our coin", now its "we will all have to wait, & hope and see if this comes to fruition". Its the same old hype over & over. I wont be touching hashcoin with a stick. It will get pumped and dumped to oblivion. Yes and I'm hoping to be on the dump high end. The faithful will believe anything either out of greed, stupidity or because they are so in the red they have no choice.
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alienesb
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 04, 2014, 12:45:45 PM |
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The very fact Josh asked people to flood it with good reports should be ringing alarm bells to those poor fools. funny how all the reports are written the same way...basic format: i believe in GAW...CEO is the next coming...I made ROI...there were stumbling blocks...act now and buy Speaking as one that has a positive ROI at GAW, they did create an environment where it isn't that hard to move past breakeven in 2 or 3 months. IF you bought prime at $16-20 or had hardware conversions. If you were a $40 sucker or using Zens you have a long way to go. I'd say this coin is the only hope for people in this boat.
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welchy8764
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 04, 2014, 01:34:09 PM |
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All my postings..Gone.. even the one that says the early days weren't that bad and I did make money on after selling my primes. This is ridiculous.
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chmick
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 04, 2014, 01:42:21 PM |
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hello All, and good morning to europeans,
To summarize about hashpoints the only we know is than we will be able to buy some HASHCOIN with haspoints the 24 of november.
the 400HP owners mean you must have at least 400 hp to be part of it ??
Does this means than 1 hashcoin = 400 HP ??
yes, hashpoints are 0.01$ I tried to read the white paper . English is not my natural tongue , but if i got it right : GAW will control the "hashcoin blockchain" and the mining . moreover :" Block dividends are minted into the Transactional Viability Silos over the life of the coin to ensure a controlled ecosystem for HashCoin to reach its growth potential." Does this means the can revert transaction and lock your profit ??
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cryptofunk
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 04, 2014, 01:42:39 PM |
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All my postings..Gone.. even the one that says the early days weren't that bad and I did make money on after selling my primes. This is ridiculous. When they said they purchased a news outlet, did they say which one?
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alienesb
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 04, 2014, 01:45:51 PM |
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Funny on reddit someone called them MtGAW and I think it's perfect.
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chmick
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 04, 2014, 01:47:09 PM |
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what the hell is this ?? a man hunt ??
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suchmoon (OP)
Legendary
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Merit: 9007
https://bpip.org
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November 04, 2014, 02:55:41 PM |
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hello All, and good morning to europeans,
To summarize about hashpoints the only we know is than we will be able to buy some HASHCOIN with haspoints the 24 of november.
the 400HP owners mean you must have at least 400 hp to be part of it ??
Does this means than 1 hashcoin = 400 HP ??
I'm sure coins can be fractional, so 400 shouldn't be the limit. On the other hand you can make 400+ HP in 20 days with a couple of Zens, so I'd say that's a fairly low bar in any case.
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suchmoon (OP)
Legendary
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Activity: 3766
Merit: 9007
https://bpip.org
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 04, 2014, 02:56:51 PM |
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what the hell is this ?? a man hunt ?? I think it's an example of a successful ICO. Quite funny actually except for the bagholders ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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suchmoon (OP)
Legendary
Offline
Activity: 3766
Merit: 9007
https://bpip.org
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 04, 2014, 03:02:02 PM |
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hello All, and good morning to europeans,
To summarize about hashpoints the only we know is than we will be able to buy some HASHCOIN with haspoints the 24 of november.
the 400HP owners mean you must have at least 400 hp to be part of it ??
Does this means than 1 hashcoin = 400 HP ??
yes, hashpoints are 0.01$ I tried to read the white paper . English is not my natural tongue , but if i got it right : GAW will control the "hashcoin blockchain" and the mining . moreover :" Block dividends are minted into the Transactional Viability Silos over the life of the coin to ensure a controlled ecosystem for HashCoin to reach its growth potential." Does this means the can revert transaction and lock your profit ?? Yes, it appears transactions can be reversible in this model: https://bitcointalk.org/index.php?topic=835464.msg9431778#msg9431778You have to keep in mind though that this quote is coming from a "between the lines" reading by an HT poster so it may or may not be true.
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mutha
Sr. Member
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AS8UDRR8Dc4wTyZkMT7Z5vaXtiWK9zh5Hb
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November 04, 2014, 03:39:26 PM |
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Yea, first it was "We are merging with merchants who will be accepting our coin", now its "we will all have to wait, & hope and see if this comes to fruition". Its the same old hype over & over. I wont be touching hashcoin with a stick. It will get pumped and dumped to oblivion. I actually had high hopes for GAWS once upon a time... the only thing I now know for sure is none of the GAWS management has never read the book In search of stupidity : over 20 years of high-tech marketing disasters
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NuShrike
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 04, 2014, 04:00:07 PM |
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Meantime, somebody forgot to press the payout button at MtGaw again. Must be still high on powdered hashcoins. I'm glad this is the quality IT that will transfer over to HashBase, etc.
#payoutwatch
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NuShrike
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 04, 2014, 04:08:09 PM |
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In search of stupidity : over 20 years of high-tech marketing disasters
Thanks, gonna read this.
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mutha
Sr. Member
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AS8UDRR8Dc4wTyZkMT7Z5vaXtiWK9zh5Hb
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November 04, 2014, 04:22:01 PM |
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In search of stupidity : over 20 years of high-tech marketing disasters
Thanks, gonna read this. It was written in a humorous sarcastic way about 10 years ago... but the lessons in it will certainly make you a more astute investor, until people/companies stop trying to re-invent the wheel, blowing up investors/clients and generally self destructing doing stupid stuff. My favorite was Top software publishers of 1984 and Microsoft was not #1.... that list will make you scratch your head and say "who" ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ? In fact I wonder if GAWS got its business plan from Ashton Tate... the developers of dBase and made a sport out of pissing off its users? LMAO
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chmick
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 04, 2014, 04:28:58 PM |
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Meantime, somebody forgot to press the payout button at MtGaw again. Must be still high on powdered hashcoins. I'm glad this is the quality IT that will transfer over to HashBase, etc.
#payoutwatch
I see i'm not the only one waiting for the payout ;-)
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suchmoon (OP)
Legendary
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https://bpip.org
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November 04, 2014, 04:44:45 PM |
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What I learned and didn't learn from the announcement and the aftermath:
The announcement yesterday was more about hashcoin.com website going live than technical details of the coin.
Hashcoin ICO has some high numbers, like $384m to $1920m market cap depending on which rate you look at.
There is some centralization planned for the coin and still no clear picture of who and how will mine it. It is a SHA256 coin, so will any of the 300 PH/s bitcoin miners be able to mine it?
The promised/rumored merchants have not signed up yet. Not clear if the situation is the same with VCs and funding.
First "private" funding round starts next week. Hashpoint conversion at 400 HP per coin starts three weeks from now, no net gain here - bonus for existing customers. Third round at $10 per coin five weeks from now. Timeline unclear after that.
Flow chart on the website seems to suggest "Exchange" (singular) launch to happen way down the road after Hashbase (I had the impression this will incorporate the exchange but maybe not) and public ICO. Does this mean it will be listed on public exchanges like Cryptsy or will it be a single GAW-controlled exchange?
I also got the feeling that this is still being made up on the fly. The way the CEO solicits feedback and ideas on HT is either some depraved form of humor or genuine cluelessness. Earlier I had the impression - and I think I wasn't the only one - that this whole plan was buttoned up, signed off by lawyers, and just waiting for PR drones to catch up, but now it doesn't look like that anymore.
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alienesb
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 04, 2014, 05:54:30 PM |
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I also got the feeling that this is still being made up on the fly. The way the CEO solicits feedback and ideas on HT is either some depraved form of humor or genuine cluelessness. Earlier I had the impression - and I think I wasn't the only one - that this whole plan was buttoned up, signed off by lawyers, and just waiting for PR drones to catch up, but now it doesn't look like that anymore.
I can't believe you bought into this even a little bit. Of course it's being made up as they go, that's how they operate. They'll have to introduce a new hashlet or two between now and then to keep things moving along too. There are no merchants, there are no "banks", there is no "exchange" other than what they will put up on hashbase. They have a track record of over-promising and under-delivering. Yes I made money but if they kept their promises/plans I would have made a hell of a lot more.
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galdur
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November 04, 2014, 06:14:20 PM |
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It´s about distributing their ridiculously priced stuff, especially this Prime thing, to prevent or at least delay the flight of people that have pretty huge money stuck in there.
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suchmoon (OP)
Legendary
Offline
Activity: 3766
Merit: 9007
https://bpip.org
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November 04, 2014, 06:33:49 PM |
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I also got the feeling that this is still being made up on the fly. The way the CEO solicits feedback and ideas on HT is either some depraved form of humor or genuine cluelessness. Earlier I had the impression - and I think I wasn't the only one - that this whole plan was buttoned up, signed off by lawyers, and just waiting for PR drones to catch up, but now it doesn't look like that anymore.
I can't believe you bought into this even a little bit. Of course it's being made up as they go, that's how they operate. They'll have to introduce a new hashlet or two between now and then to keep things moving along too. There are no merchants, there are no "banks", there is no "exchange" other than what they will put up on hashbase. They have a track record of over-promising and under-delivering. Yes I made money but if they kept their promises/plans I would have made a hell of a lot more. I never thought I'd be accused of buying into GAW's plans ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Not really, I sold of most of my Primes during the recent pump and kept just a handful to see where this ends. I'm well aware what happens when you trust their promises and I have no illusions about the quality of their implementation of anything. I'm just surprised that at least the tone of their messaging hasn't been kept consistent. So is it "we have it all sorted out" or "months are numbered".
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