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Author Topic: GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :)  (Read 3208511 times)
raskul
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November 25, 2014, 09:05:58 PM
 #1221



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Mr. Garza’s GAW Miners company says will address “all the inherent shortcomings that have prevented bitcoin from achieving mainstream adoption.”

i've put reading the article on hold whilst i pop to my local cafe for a latte - what's that?how am i paying for my coffee?

with BTCitcoin of course.

Mr Garza been hibernating this past year or what?

ps. i'm in Scotland.

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alienesb
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November 25, 2014, 09:13:08 PM
 #1222

The rose-colored glasses on HT peeps is incredible. So the first comment on the WSJ announcement/article is officially trolling according to HT:

Quote
"There is a troll on the first comment there."

And the first comment is:

Quote
"Be sure to look at other forums and not just the official GAW forum to get a better idea of the company."

Not sure how that comment qualifies as trolling exactly but I guess anything that doesn't say how awesome GAW is "is" trolling. See what I did there  Wink
CoinFire
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November 25, 2014, 09:18:54 PM
 #1223


BB is not happy:

https://hashtalk.org/topic/19378

(edit: I have no clue what the "hotel on Mars" is referring to or what facts coinfire were caught making up months ago)

I have no idea where that is coming from either. Perhaps he can produce some messages showing where the hotel on mars story is, or what we were making up. I'm fairly certain both statements are made up from him Wink

We are dropping a bombshell soon that shows more lies from Shopify and he claimed we didn't reach out to him but have proof of that otherwise we will see what he has to say.

Hopefully you can also find whoever hacked you.

We hope so as well, we've asked law enforcement to intervene with us and brought in a third party security auditing company to pour through our logs.

We know how they got to editing our homepage at this point, we have IPs and we have some other information but it is going to take some legwork to find out exactly who did it.

I gotta say, I didn't know about coinfire.cf before this incident. Now, I check your site for new stories a few times a day and I've spent a lot of time reading older stories. In the end, a good thing came out of this, and that is, that you have at least one new viewer Smiley I can't wait to see how this plays out though.

Thanks, glad to have a new reader. We will keep chugging away. We aren't always first but we always strive to be accurate.

suchmoon
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November 25, 2014, 09:21:49 PM
 #1224


So there are a couple of interesting things in there that for some reason were not important enough to share in the whitepaper or elsewhere.

PayCoin is going to be some kind of sidechain appendage to Bitcoin?

Quote
Transactions in the new currency will be embedded into bitcoin transactions
.

As was quite obvious from the pictures there is only one datacenter/warehouse and not multiple or 12 or whatever numbers were being thrown around. 15 MW is ~20 PH/s at AntMiner S3/S4 efficiency levels.

Quote
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.

This is questionable though:

Quote
accounts for a whopping 50% of all new mining capacity coming online

CoinFire
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November 25, 2014, 09:22:04 PM
 #1225


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


He said....

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That’s the claim made in a press statement Monday

galdur
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November 25, 2014, 09:22:25 PM
 #1226


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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
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November 25, 2014, 09:24:01 PM
 #1227

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
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November 25, 2014, 09:27:56 PM
 #1228

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

bitcoinnoisseur
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November 25, 2014, 09:45:48 PM
 #1229

Grin 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
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November 25, 2014, 09:55:13 PM
 #1230

Grin 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
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November 25, 2014, 09:57:16 PM
 #1231

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.

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November 25, 2014, 09:59:09 PM
 #1232

This hardly qualifies as an interview.

Quote
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
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November 25, 2014, 10:10:43 PM
 #1233

We should do a vote for favorite comment Smiley 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
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November 25, 2014, 10:16:08 PM
 #1234

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.

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November 25, 2014, 10:16:36 PM
 #1235

Aww, isn't that thread cute  Grin

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.



Quote
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
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November 25, 2014, 10:32:13 PM
 #1236

Aww, isn't that thread cute  Grin

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.



Quote
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
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November 25, 2014, 10:36:49 PM
 #1237


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..
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November 25, 2014, 10:47:22 PM
 #1238

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.
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November 25, 2014, 10:47:28 PM
 #1239

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.

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bitcoinnoisseur
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November 25, 2014, 10:54:13 PM
 #1240

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.
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