GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :)

[CoinFire]

WSJ blog post is up: http://blogs.wsj.com/moneybeat/2014/11/25/bitbeat-gaw-miners-to-launch-bitcoin-challenger-paycoin/

Notice that Mike at WSJ is very careful with what he is saying....


He said....

That’s the claim made in a press statement Monday

[galdur]

WSJ blog post is up: http://blogs.wsj.com/moneybeat/2014/11/25/bitbeat-gaw-miners-to-launch-bitcoin-challenger-paycoin/

The service, which offered guarantees to overcome some of the customer relations problems of the delay- and lawsuit-prone bitcoin mining industry, now accounts for a whopping 50% of all new mining capacity coming online, he said.  After starting operations in the summer, GAW is on track to finish the year with $120 million in sales, he said.

[bitcoinnoisseur]

Apparently the author has the same proof-reader.

Paycoin, which was previously known as hashcoin, will follow the model of many so-called bitcoin 2.0 currencies. It will be issued according to a separate algorithm that acts as an additional layer of computing instructions on top of the existing bitcoin blockchain. Transactions in the new currency will be embedded into bitcoin transactions and so confirmed by the same “miner” computers that are perpetually maintaining bitcoin’s core blockchain ledger in return for rewards of freshly issued bitcoins and transaction fees.

Oh really so Paycoin runs on top of the Bitcoin protocol and it's transactions will be embedded into bitcoin's and this is how many of the bitcoin 2.0 currencies work? Interesting.

According to Mr. Garza, his Bloomfield, Conn.-based company’s cloud mining operation is run out of a 180,000-foot Mississippi warehouse with 15MW electricity capacity

That's one long ass warehouse at 34 miles.

[galdur]

  Presumably that´s supposed to be 180000 sq. ft.

[bitcoinnoisseur]

Presumably that´s supposed to be 180000 sq. ft.

NO. You don't say. lol. I was just pointing out the error and it makes me not respect the author. Josh's poor grammar and misspellings are one thing but there is NO excuse whatsoever for there to be any mistakes like this from a professional writer working at the WSJ.

[galdur]

Presumably that´s supposed to be 180000 sq. ft.

NO. You don't say. lol. I was just pointing out the error and it makes me not respect the author. Josh's poor grammar and misspellings are one thing but there is NO excuse whatsoever for there to be any mistakes like this from a professional writer working at the WSJ.

It´s pretty sloppy. Blog filler. The tribe isn´t too happy
with it so I guess it´s bad.

[suchmoon]

Some of the comments on the article are hilarious. HT folks seem to be mightily defensive, preemptively attacking trolls and haters as if that was the main problem GAW is facing.

[galdur]

This hardly qualifies as an interview.

Update: All interviews are done (CNN, WSJ, Fortune Magazine, Venture). They do not tell us specific dates and times (for whatever reason) so now we wait. I should know they day it goes out. Personally, I think the first one will be the WSJ. We will definitely see some Monday Smiley

https://hashtalk.org/topic/18452/hashcoin-ico-media-tour-update

[clanbake]

We should do a vote for favorite comment so far my favorites are:

suchmoon wrote:
That's right, use the "haters" and "trolls" rhetoric, that will surely prove your point.

As to the article, while I understand this is just a blog post based on GAW's press release, it's really disappointing to see that no real due diligence was done before publishing it and the only linked source is the notoriously sterilized GAW's own forum.

How can anyone take seriously a product that offers a two-week return on investment and 5-fold profits within a month. A product that the CEO himself called a "voucher". But don't let me get in the way of your future riches. Good luck.

------------------------------------
and
------------------------------------

CEO wrote:
Its sad when the CEO of a company has to urge their customers to post positive reviews on a blog post.

https://hashtalk.org/topic/19799/wsj-article/99

I would avoid this company with a "180,000-foot" pole.

[suchmoon]

Ha ha, thank you. I think all comments that don't mention scam, ponzi, hate, troll, shill etc are good but unfortunately it's shaping to be another flame war.

[puwaha]

Aww, isn't that thread cute  

pandageekflameandthewholepolishgawfanclub trying to redefine the word "will". Doesn't get better than that.

There are actually famous law cases that debate the definition of simple words and conjunctions like "and" & "or"... so... I'll allow it.

Seriously I sometimes think that some of GAW supporters on BCT are double agents. No one could be so dumb to cling to obviously false statements with such fervor. If they really had GAW's best interest in mind they would just shut up in situations like this and when these Amazon/Target/etc partnerships actually happen they could ride back in on their high horses yelling "Eat it FUDsters!!!". Of course that would require brains, patience, and the promises to be true.

If any of this stuff comes true... will you do the same?  Will you retract your hate and vitriol?

[suchmoon]

Aww, isn't that thread cute  

pandageekflameandthewholepolishgawfanclub trying to redefine the word "will". Doesn't get better than that.

There are actually famous law cases that debate the definition of simple words and conjunctions like "and" & "or"... so... I'll allow it.

Seriously I sometimes think that some of GAW supporters on BCT are double agents. No one could be so dumb to cling to obviously false statements with such fervor. If they really had GAW's best interest in mind they would just shut up in situations like this and when these Amazon/Target/etc partnerships actually happen they could ride back in on their high horses yelling "Eat it FUDsters!!!". Of course that would require brains, patience, and the promises to be true.

If any of this stuff comes true... will you do the same?  Will you retract your hate and vitriol?

I don't believe I've posted any "hate and vitriol" but maybe something slipped through. If you can point to such posts - yes, why not. You can do that via PM to avoid polluting the thread. Send me links to my posts that are hateful and .... uhm... vitriolic? and I'll retract them if their subject matter is proven to be wrong.

[welchy8764]

WSJ blog post is up: http://blogs.wsj.com/moneybeat/2014/11/25/bitbeat-gaw-miners-to-launch-bitcoin-challenger-paycoin/

That front page article is as popular as a fart in church!! watch primes go down until CEO makes another grand statement tonight to lift everyone's spirits. eventually this marry-go-round will stop..

[seedtrue]

This is a perfect example of how Josh will post something vague and the Hashstalkers will turn it into a mountain. "Major News Outlet" != Some guys blog.

[bitcoinnoisseur]

I think taking the flame war from Bitcointalk and Hashtalk over to third party articles is very childish, talk your side on here and there, it makes crypto look bad for all parties.

Childish? So we should allow innocent people to not hear the truth and not say a single thing? You can't possibly be serious. What it makes, is more informed people that don't fall prey to a scam.

[galdur]

–UPDATE: An earlier version of this blog post incorrectly stated that Paycoin’s software would function as a separate layer on top of the existing bitcoin blockchain. Paycoin will be comprised of its own, separate blockchain.

http://blogs.wsj.com/moneybeat/2014/11/25/bitbeat-gaw-miners-to-launch-bitcoin-challenger-paycoin/

[I_IZ_CEO]

I think taking the flame war from Bitcointalk and Hashtalk over to third party articles is very childish, talk your side on here and there, it makes crypto look bad for all parties.

Or coinfire being hacked? yea very childish... How did that deleted karma quote go? He posted it way before anyone knew it was hacked, I would love for coinfire to tell us what time it was hacked and please let us know what time KID_CEO tweeted the karma thing that he deleted, ok?

[bitcoinnoisseur]

I think taking the flame war from Bitcointalk and Hashtalk over to third party articles is very childish, talk your side on here and there, it makes crypto look bad for all parties.

Or coinfire being hacked? yea very childish... How did that deleted karma quote go? He posted it way before anyone knew it was hacked, I would love for coinfire to tell us what time it was hacked and please let us know what time KID_CEO tweeted the karma thing that he deleted, ok?

Great. Much more believable now that they sat down and had an actual conversation. Absurd!

[bitcoinnoisseur]

5:01 pm November 25, 2014
bitgeek wrote:
There is a coordinated effort to post positive comments for this article. Check it out and think if a legitimate honest business really needs to employ subterfuge like that:

https://hashtalk.org/topic/19597

This was obviously NOT our bitgeek. lol

[Sundark]

I think taking the flame war from Bitcointalk and Hashtalk over to third party articles is very childish, talk your side on here and there, it makes crypto look bad for all parties.

Childish? So we should allow innocent people to not hear the truth and not say a single thing? You can't possibly be serious. What it makes, is more informed people that don't fall prey to a scam.

So you want to protect innocent people by telling them that: "GAW is bad because I think they are bad and they are scam because well... they suck, just because I think that. And I love to see posts like that: "GAW is definitely a scam, they must be, they are trying to do something that no one ever have done before so it is Ponzi oh, and a scam and many people are suffering also small cats'.