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

[dyask]

The Amazon of South America is the second longest river in the world and by far the largest by waterflow with an average discharge greater than the next seven largest rivers combined (not including Madeira and Rio Negro, which are tributuaries of The Amazon). The Amazon, which has the largest drainage basin in the world, about 7,050,000 square kilometres (2,720,000 sq mi), accounts for approximately one-fifth of the world’s total river flow.

from: http://worldmost.org/largest-river

[interstellar]

Our success here has inspired me.

I'm thinking about starting the same type of investigative thread about ltcgear here:
https://litecointalk.org/index.php?topic=22433.720

If you are interested or know anything about ltcgear, feel free to check it out.

[8291012]

Oh no, did someone slip and delete the video titled "jmordica's Mining Statement" from youtube?

https://i.imgur.com/WQWrTpv.png

https://i.imgur.com/NDA5rD3.png

Don't worry, I've been proactive 

http://ge.tt/3LgZZz72/v/0

http://data.hu/get/8370979/mining.mp4

[miri94]

I was just ranting about the .97%/day = 3000+% annual stake rate.

Maybe the geniuses at GAW forgot to take compounding interest

into account. At first sight, .97% per day does look like about 350%/year.

This is one of the better points in this thread. They multiplied instead of using an exponent.

It isn't compounding if you are selling it as fast as you can generate it lol.

Nice one.

Sorry but i am not good in math

i have 1 XPY in 1 hashstaker

the reward is paid out to my XPY wallet on zencloud, it does not stay in the hashstaker so it cannot compound the interest, the interest is flat and paid on the initial deposit only

[suchmoon]

Our success here has inspired me.

I'm thinking about starting the same type of investigative thread about ltcgear here:
https://litecointalk.org/index.php?topic=22433.720

If you are interested or know anything about ltcgear, feel free to check it out.

Not sure if anything has changed due to the recent issues, but LTCGear used to have even more rabid fans than GAW. I thought about starting a red flag list similar to this thread back in September and figured that it's futile, seeing how high profile litecointalk mods and many trusted members here were so in love with it. Now I wish I hadn't chickened out and done it - isn't hindsight a wonderful thing.

Anyway, good luck with it, let us know where to visit.

[suchmoon]

Sorry but i am not good in math

i have 1 XPY in 1 hashstaker

the reward is paid out to my XPY wallet on zencloud, it does not stay in the hashstaker so it cannot compound the interest, the interest is flat and paid on the initial deposit only

HashStaker payouts are just that - payouts. It has nothing to do with staking, and if I understand correctly Prime staking wasn't even working properly until now. So you're just getting paid from GAW's coin stash, and yes it doesn't compound.

Prime Controllers are special wallets that GAW owns and those have a compounding staking rate. Theoretically HashStaker payouts should be coming from that, but see above.

[verloren]

So according to Redacted 17 days ago, the FinCen registration (that's the MSB right?) had been "ongoing for some time".

"You don't invest first and ask questions later." Uh, what?

[LiteMine]

Our success here has inspired me.

I'm thinking about starting the same type of investigative thread about ltcgear here:
https://litecointalk.org/index.php?topic=22433.720

If you are interested or know anything about ltcgear, feel free to check it out.

Not sure if anything has changed due to the recent issues, but LTCGear used to have even more rabid fans than GAW. I thought about starting a red flag list similar to this thread back in September and figured that it's futile, seeing how high profile litecointalk mods and many trusted members here were so in love with it. Now I wish I hadn't chickened out and done it - isn't hindsight a wonderful thing.

Anyway, good luck with it, let us know where to visit.

Sounds a lot like Fibonacci (scam scrypt ASIC company, for those not familiar), especially wrt to Litecointalk mod involvement and blind followers. People just want to believe that they will be rich. At least they got charged, we'll see how it goes.

http://www.coindesk.com/florida-group-faces-fraud-charges-alleged-altcoin-pump-dump/

Before you write off this post, they DID use a coin (Cachecoin) to claim discounts for ASIC hardware, where GAW just used discounts for Amazon, etc instead.

"They conned investors and buyers to convert their money to cachecoin, claiming a discount for any investment or purchase with Fibonacci in cachecoin. In the end, after taking money from my clients and others, we believe that the Fibonacci defendants also walked off with ‘pump-and-dump profits' from cachecoin."

[keshuker]

Sorry but i am not good in math

i have 1 XPY in 1 hashstaker

the reward is paid out to my XPY wallet on zencloud, it does not stay in the hashstaker so it cannot compound the interest, the interest is flat and paid on the initial deposit only

HashStaker payouts are just that - payouts. It has nothing to do with staking, and if I understand correctly Prime staking wasn't even working properly until now. So you're just getting paid from GAW's coin stash, and yes it doesn't compound.

Prime Controllers are special wallets that GAW owns and those have a compounding staking rate. Theoretically HashStaker payouts should be coming from that, but see above.

Afaik, the "prime controller" is exactly this, a normal wallet that gets the extra stake, nothing more wrt the white paper that state it will do a lot of things for the network.

Also GAW could send any amount of coins to those special wallets for the special 3000%+ interest.

Have anyone figured out what they do with the coins that are "locked in" a hashstaker? They are probably just laying in some wallet staking at 3000% and paying out 390%. But GAW can do anything they want with those coins, as they aren't locked into the network for real, or would a special wallet stop staking at the special rate if the amount of coins would drop below some threshold?

It is a bit weird that the GAWtards aren't talking much about the insane inflation that the coin will die from if not before, rather lala land

I think that they intended for the primes to stake at the 390% rate but they are not very good at maths, so now they are compounding the almost 1% a day but only for GAW.

Anyhow, even if they would hardfork again to change the staking, 390% staking is just a ludicrous figure already. GAWtards seem to think this special 3000% staking is just some test and because the primes havent staked so far, they won't get this rate. They don't understand the coin-age factor. They will just need to unlock the prime wallets for it to get the stake of the time it hasn't been staking (although it will lose the compound interest for those days)

[coinits]

And in today's news another exchange halts trading due to 18,000 missing bitcoin....

https://bitcointalk.org/index.php?topic=914709

Bitstamp issues notice:

https://bitcointalk.org/index.php?topic=914639

[coinits]

And in today's news another exchange halts trading due to 18,000 missing bitcoin....

https://bitcointalk.org/index.php?topic=914709

Bitstamp issues notice:

https://bitcointalk.org/index.php?topic=914639

Seems they've found them in the blockchain 

https://blockchain.info/address/1L2JsXHPMYuAa9ugvHGLwkdstCPUDemNCf?offset=100&filter=0

With no method to get them back. Exchanges are a toxic wasteland. Regulation is coming to this industry and it will be forced upon it because the industry has not been proactive and allows this shit to continue.

[galdur]

So, is this Bitjane (bbit from Hashie) character still scamming for GAW ?

http://bitcoinchangeclub.org/blog/tag/bbit/

[strangerdanger101]

Oh no, did someone slip and delete the video titled "jmordica's Mining Statement" from youtube?





Don't worry, I've been proactive 

http://ge.tt/3LgZZz72/v/0

http://data.hu/get/8370979/mining.mp4

Thats amazing I was bummed that I couldn't get a copy of that thanks!

[elkrisi]

Voted for Most Idiotic Video of All Time

[mm5aes]

Our success here has inspired me.

I'm thinking about starting the same type of investigative thread about ltcgear here:
https://litecointalk.org/index.php?topic=22433.720

If you are interested or know anything about ltcgear, feel free to check it out.

Warned them you're on the way, hope you don't mind.

Things are at a tipping point. You and others from here wading in just at this moment might be enough to make him run if he hasn't already.

Yes, guilty, seems I am an LTCgear cultist. Have all my initial investment and then some back in the wallet of granpaw but others are not in so fortunate a position! No one is buying so there are no new victims to save. The only ones you'll hurt is those already invested so at this moment in time you'll do more harm than good.

I'd ask you to give it a couple of days to let it unfold but you seem to have the vigilante blood coursing through you're veins.

[Honeycutt22]

Our success here has inspired me.

I'm thinking about starting the same type of investigative thread about ltcgear here:
https://litecointalk.org/index.php?topic=22433.720

If you are interested or know anything about ltcgear, feel free to check it out.

Warned them you're on the way, hope you don't mind.

Things are at a tipping point. You and others from here wading in just at this moment might be enough to make him run if he hasn't already.

Yes, guilty, seems I am an LTCgear cultist. Have all my initial investment and then some back in the wallet of granpaw but others are not in so fortunate a position! No one is buying so there are no new victims to save. The only ones you'll hurt is those already invested so at this moment in time you'll do more harm than good.

I'd ask you to give it a couple of days to let it unfold but you seem to have the vigilante blood coursing through you're veins.

Agreed. At least until the 6th of January which was a deadline he set.

[elkrisi]

Let's suppose that GAW:

1. Didn't defraud its customers with false promises right from the start of ZenCloud
2. Didn't produce a moronic WhitePaper with hyperflexi thermodynamic Prime Tech mambo Jumbo
3. Didn't fail in each and everyone of its launches
4. Didn't exercise fascist practices in HashTalk
5. Didn't plan a 350% inflation for PayCoin (compounding is just a test...)
6. Didn't plan to dump its 12 million PREMINED coins
7. Didn't fail to appear in any Media that actually has an impact in our world
8. Didn't fail to provide even a simple plugin for Amazon
9. Didn't fail to be honest about the NON-EXISTENT "floor"
10. Didn't fail to put up PayBase with something more than selling XPY for $20

Even after ALL of this, JMordica's Video still stands out as THE most moronic shitty crap I have ever watched.

[galdur]

11. Didn't fail, with their ever changing stories, to act like your next criminals.

[coinmaster222]

now hearing from a journalist at coinfire they are picking up papers from the SEC on thurday that alone when they make it public will crush the value of XPY so before I mentioned this I dumped mine what you do is up to you.Even the mention of the SEC is enough for me

[strangerdanger101]

Joe Mordicas mining statement now live on Youtube

https://www.youtube.com/watch?v=2ZpZdeJNSV0