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

[paycum]

thats false hope you are trying to sell. its the golden rule from scam tactics, intentional or not
im starting to have the feeling you are more than invested with this

A truly open mind means forcing our imaginations to conform to the evidence of reality, and not vice versa, whether or not we like the implications - L. Krauss

you just cannot say what you have lately without the intent of trying to muddy the waters

Hehe trust me im no secret undercover gaw employee or heavy investor

Investigating orange/red signs is good and i fully support that. I just dont like and see the point in defamation upfront. If you really just want to find out if its a scam, then why not post your findings here and discuss them. The whole circus with animated gifs and stuff like that purely damaging a person has nothing to do with it being a scam or not...and that part i dont agree with..

But no problem, its not my intention to start a fight or promote GAW. Clearly not many people like my point of view and clearly many of you seems to want me to leave this topic, so i will do now...So everybody here can be happy again 

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[bumpershot]

GAW was an obvious scam in its cloud mining days.  Thats already collapsed but they still limp on with their scam coin.  Thats just about finished too.

I completely disagree about it being obvious back then. In fact, I'm still not sure the cloud mining was a scam. He misrepresented what they were, at least in the case of Zen and Prime, but there's no evidence he was trying to cost his customers money. I don't think any fraud entered into it until he started making promises he had no intention of filling and lying about deals and resourses in place regarding his altcoin in an attempt to boost its value. That's when the scam started.

Remember, his whole idea from day one was to hook them in with cloud mining, take the loss over doing the mining himself so he would have a customer base for his new product. It totally worked, but the cloud mining was always supposed to make people money.

[kken01]

here is something that only total scam artist would say. there is no context to what he said, its all there and everything after that is gibberish and stupid





edit: its ok to have different view but dont try to sell false hope

[eightcylinders]

For example: the sec thing, isnt it possible they just made a mistake and honestly didnt know that what they where doing was against the rules? I know the chances are small looking at their army of lawyers, but still...it doesnt have to mean it was meant as a scam from the beginning.

No, I warned about this months and months ago (my October predictions post here) and the banfest on HT where several folks tried to make the point long ago and resulted in mass banning: https://hashtalk.org/topic/11982/for-those-investing-in-primes-do-you-know-what-an-s-1-is

Josh knew what would eventually happen with both FinCEN (also predicted in October by me) and SEC.  He just bet he would get away with it long enough before the SEC and Homeland Security caught up with the scheme.  He may have gotten away with it too.  I am convinced it is a scam, but I think its 50/50 on whether any justice will be done.

[kken01]

i doubt any justice will be done. Mr. Ganzas name will be tarnished but thats about it probably. which is sad  

[suchmoon]

defamation

Have you been reading the same things as everyone else? Like today's posts by rascalwassername on HT? While I might at times disagree with Paul's verbiage there is no denying that his GIFs represent Mr. Garza's character quite accurately. It's not defamation if it's true.

[Paul Revere]

Fake Josh/Real Jonah (gawceo) and real Josh (rasalghul) in this thread before Josh's alt got banned by fake Josh:

https://hashtalk.org/topic/32215/when-will-josh-do-something/54
https://archive.today/sj0z7

This just keeps getting weirder and weirder. I am glad I am taking notes for potential stories about all of this, because most of these oddball twists to this story I would never in a million years have made up. If this is actually is Josh having to more or less sneak on to the site, would it not be a nice slice of poetic justice if he is reduced to having to go through the waiting period he implemented to keep "trolls' out of HT to get himself a new account? I really could not make this shit up, and if I did I think I would discard it as being too unbelievable....

[not.you]

Fake Josh/Real Jonah (gawceo) and real Josh (rasalghul) in this thread before Josh's alt got banned by fake Josh:

https://hashtalk.org/topic/32215/when-will-josh-do-something/54
https://archive.today/sj0z7

This just keeps getting weirder and weirder. I am glad I am taking notes for potential stories about all of this, because most of these oddball twists to this story I would never in a million years have made up. If this is actually is Josh having to more or less sneak on to the site, would it not be a nice slice of poetic justice if he is reduced to having to go through the waiting period he implemented to keep "trolls' out of HT to get himself a new account? I really could not make this shit up, and if I did I think I would discard it as being too unbelievable....

If he has one 9 month old alternate account he probably has more.  That should be suspicious too but on this side of the cryptoworld nothing surprises me any more and on that side (HT) the credulous don't seem to have the capacity to be suspicious.

So google shows me that rasalghul is a comic book super villain.  That's telling.  I wonder if josh used that account name elsewhere on the internets.

[jimmothy]

GAW was an obvious scam in its cloud mining days.  Thats already collapsed but they still limp on with their scam coin.  Thats just about finished too.

I completely disagree about it being obvious back then. In fact, I'm still not sure the cloud mining was a scam. He misrepresented what they were, at least in the case of Zen and Prime, but there's no evidence he was trying to cost his customers money. I don't think any fraud entered into it until he started making promises he had no intention of filling and lying about deals and resourses in place regarding his altcoin in an attempt to boost its value. That's when the scam started.

This was an obvious scam since day 1 to anyone with experience in the cloudmining scam ecosystem.

He promised things he had no intentions of delivering on day 1, for example: "always profitable, never obsolete, takes advantage of economies of scale"

He still has yet to prove any scrypt hardware existed. (he did buy 5 PH/s from bitmain WAY after the ponzi accusations began flooding in)

He still has yet to prove there was ever any real attempt at making Vaultbreakers.

He still has yet to substantiate any of the ridiculous/unbelievable claims made early on.

Remember, his whole idea from day one was to hook them in with cloud mining, take the loss over doing the mining himself so he would have a customer base for his new product. It totally worked, but the cloud mining was always supposed to make people money.

What you've described (again) is a textbook ponzi scheme. Get people hooked on the high returns, and hope to god that money in > money out.

Looking at paycoin, it's pretty clear the whole thing was thrown together in a haste, not planned out over months like you were led to believe. What likely happened is that Josh wasn't as good of a con artist as he thought and money in became less than money out, so he had to create a new scheme which is how he came up with hashpoints/paycoin.

Switching from a Ponzi scheme to a Garza scheme allows him to give complete shit returns, yet still make money by dumping thousands of his useless coin on the market thanks to the very few faithful beliebers wise/informed investors left.

[kken01]

here is another great merchant that accepts poopcoin
http://sleakvapes.com/

selling water with additives to cause you cancer with none of the buzz of cigarette and only ships in UK
0MG of nicotine
Ingredients:
4ml VG 4ml PG 2ml Distilled Water 0.7ml of our custom flavouring.

that dude is a mod and team paycoin what ever that means and suposedly 14 years old

[strangerdanger101]

But he has a big announcement coming and its going to be huge and he's super cereal.

[kken01]

im starting to get the feeling that some users on HT are PAID to wear tags like "industry innovator" / "paycoin innovator"

[miri94]

he knew will get prosecuted only if people LOST money, so after money in = money out he made XPY and the whole purpose of all the promise/delays is to get people fed up and cut their losses

anyone who cuts their losses is helping take the noose off his neck

you can't prosecute him afterwards for loss: why didn't you wait for me to implement feature x and y, we had problemx such and such, we were hacked and ... it could take on for ever

Even when people changed from hashlets to stakers: who told you to do it? i did not force you? the market was down and you were getting 1 satoshi, this is a market condition which could change any time, besides we were getting new hardware ...

So at the moment the only two positions who can prosecute are:
A) Those who still have hashlets and they closed the hashlets on them, thus breaking the promise of eternally profitable.
B) Those people who were mining hash points with the promise of $20/XPY

[kken01]

sigh

[nachoig]

Desperated bagholders truing to find an altrenative way to avoid the crashes in the price. minniemouse is really funny.

https://hashtalk.org/topic/32216/worried-about-your-investment
https://hashtalk.org/topic/32197/todays-freebie-giveaway-promote-paycoin-at-home

[kken01]

Desperated bagholders truing to find an altrenative way to avoid the crashes in the price. minniemouse is really funny.

https://hashtalk.org/topic/32216/worried-about-your-investment
https://hashtalk.org/topic/32197/todays-freebie-giveaway-promote-paycoin-at-home

PRICELESS!
cupcake toppings:



edit it seems to be 2400 toppings even 

[suchmoon]

im starting to get the feeling that some users on HT are PAID to wear tags like "industry innovator" / "paycoin innovator"

Of course:

https://hashtalk.org/topic/31551

[jp333]

Wait, did josh go full crazy and ban his alt? That is messed up.

[jimmothy]

he knew will get prosecuted only if people LOST money, so after money in = money out he made XPY and the whole purpose of all the promise/delays is to get people fed up and cut their losses

anyone who cuts their losses is helping take the noose off his neck

you can't prosecute him afterwards for loss: why didn't you wait for me to implement feature x and y, we had problemx such and such, we were hacked and ... it could take on for ever

Even when people changed from hashlets to stakers: who told you to do it? i did not force you? the market was down and you were getting 1 satoshi, this is a market condition which could change any time, besides we were getting new hardware ...

So at the moment the only two positions who can prosecute are:
A) Those who still have hashlets and they closed the hashlets on them, thus breaking the promise of eternally profitable.
B) Those people who were mining hash points with the promise of $20/XPY

Did a lawyer give you that advice? I find it very hard to believe a court will care when you cut your losses in a scam.

Anyways nobody can sue GAW because they've included an arbitration clause in their TOS. Everyone will just have to wait for one of the federal agencies to prosecute them.

[kken01]

im starting to get the feeling that some users on HT are PAID to wear tags like "industry innovator" / "paycoin innovator"

Of course:

https://hashtalk.org/topic/31551

thanks for that everything makes way more sense now
i totally ignored search since they delete so much

edit: im building some transaction maps atm along with some extra stats. visualizing big data, gotta love blockchain <3

edit2:
if i get it right its roughly like this
premier account > innovator (or 2) > mod
gotta check back into our archive how much these mods got paid in the end