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Author Topic: GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :)  (Read 3376916 times)
MinermanNC
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December 04, 2014, 03:09:27 AM
 #2781

I'm listening in the background to the live cast form earlier, its all the same ol shit. just another coin trying to be the king coin. Albeit impressively high tech in concept,,, to high... I think their in over their heads at the moment.  Cool

*BTC: 1DiR25SPo84sThzTATr27EZEQZLt6hv6tG
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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December 04, 2014, 03:10:59 AM
 #2782

The cost will be minimal. It is going to use already existing payment platforms. If a business accepts BTC the will be able to accept PC. The new coin will be able to loaded onto a debit card and used in existing card readers. the benefit to a company is huge...fees in the pennies instead of 2-3% of the transaction. When the bean counters figure out to accept the coin will reduce the fees to accept CC payments what do  you think will happen? 2-3% to a tier 1 major retailer is a lot of money.

You're contradicting yourself here a bit. If it's a debit card then the retailer won't see any savings. The bank and Visa/MC will take the same 1-3% they always take, with some crumbs possibly ending up in GAW's pocket. If it's direct crypto payment with "fees in the pennies" then it fails to explain where the huge profits a going to come from. Best case scenario would be for crypto payments to have a reasonable fee, e.g. 0.5-1% with no minimum (to facilitate micro payments, which fail miserably with CCs). Also don't forget that consumers and regulators will expect the same levels of consumer protection, that are currently funded by credit card fees.

This is of course assuming that they are able to get into the Visa/Mastercard network, which is one thing I haven't seen mentioned and which I highly doubt will happen.  Did anyone ask about this during their Q&A tonight? 
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December 04, 2014, 03:12:35 AM
 #2783

Looks like it's time for all these geniuses to show off there "skill-based trading" now that they have so many absurd ways to "upgrade". All I see is the continuance of no BTC being paid out and more money to fuel the ponzi with prices being pumped and cashtakers on the market so they can collect there 10% on every sale.

The best part of it is that they are not accepting their own revolutionary currency as payment for all these great products. Only fiat and BTC please Smiley
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December 04, 2014, 03:15:59 AM
 #2784

I have now taken a interest... and anyone who knows me knows what that means lol.

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December 04, 2014, 03:17:23 AM
 #2785

Spend about 6 minutes of your life and you'll understand where GAW is going:

https://www.youtube.com/watch?v=Bs5BFSvzBPU

Some old guy gives an update about the state of GAW... they talk about getting crypto mainstream by going through the banks and WONDERFUL organizations like the Chamber of Commerce

This statement sums it up for me completely:

"We want to be the business that banks want to do business with" or something to that extent.

What I take away from this is:

- GAW is getting out of mining
- GAW actually has investors other than his dad-in-law involved now that have devised this partnerships with banks idea


They probably will get investment money from people who hear the sexy cryptocurrency term but are reassured by things like regulatory compliance, working within the system, etc...

I just scratch my head at the people who are supporting this... they really must be very new to crypto... because to me, those first few minutes of the video have nothing to do with what i think (and most think) crypto is about... BTC might have problems, but being butt buddies with the banks isn't one of them.



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December 04, 2014, 03:20:00 AM
 #2786

Spend about 6 minutes of your life and you'll understand where GAW is going:

https://www.youtube.com/watch?v=Bs5BFSvzBPU

Some old guy gives an update about the state of GAW... they talk about getting crypto mainstream by going through the banks and WONDERFUL organizations like the Chamber of Commerce

This statement sums it up for me completely:

"We want to be the business that banks want to do business with" or something to that extent.

What I take away from this is:

- GAW is getting out of mining
- GAW actually has investors other than his dad-in-law involved now that have devised this partnerships with banks idea


They probably will get investment money from people who hear the sexy cryptocurrency term but are reassured by things like regulatory compliance, working within the system, etc...

I just scratch my head at the people who are supporting this... they really must be very new to crypto... because to me, those first few minutes of the video have nothing to do with what i think (and most think) crypto is about... BTC might have problems, but being butt buddies with the banks isn't one of them.






Exactly my thoughts who is the old guy? is this not what crypto was designed against was big banking in the first place let the 3rd party processors handle it

Also the head of Security is a shifty basic body lang shows he is not confident in what he is saying till half way though he does not make eye contact and is shifting his eyes. That is signs of deceit, watch the video for yourself if you were talking to this guy face to face would you believe him? or even trust him?

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December 04, 2014, 03:25:38 AM
 #2787

Quote


Exactly my thoughts who is the old guy? is this not what crypto was designed against was big banking in the first place let the 3rd party processors handle it

Also the head of Security is a shifty basic body lang shows he is not confident in what he is saying till half way though he does not make eye contact and is shifting his eyes. That is signs of deceit, watch the video for yourself if you were talking to this guy face to face would you believe him? or even trust him?

What time of the video is this?  Been jumping around the video.
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December 04, 2014, 03:26:37 AM
 #2788

Quote


Exactly my thoughts who is the old guy? is this not what crypto was designed against was big banking in the first place let the 3rd party processors handle it

Also the head of Security is a shifty basic body lang shows he is not confident in what he is saying till half way though he does not make eye contact and is shifting his eyes. That is signs of deceit, watch the video for yourself if you were talking to this guy face to face would you believe him? or even trust him?

What time of the video is this?  Been jumping around the video.

Who ever the shiffty fuck with the UAV model in the background is.

Eric capriono

http://youtu.be/Bs5BFSvzBPU?t=6m13s

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December 04, 2014, 03:29:21 AM
 #2789

I couldn't even last the 6 minutes. I wanted to strangle Justin Beiber, I mean Ace and cut that ridiculous hair. I wonder who won the business model contest and decided on letting that punk introduce the whole Q&A. Because that's exactly what serious investors want to see, anything Beiberesque. Anyways what I wanted to know from anyone that had the courage and the stomach to watch the whole thing is, were they in the data-center? and did he spray-paint anything pink?
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December 04, 2014, 03:31:52 AM
 #2790

https://hashtalk.org/topic/21195/hashlet-upgrades

TLDR: Mining is dead! Long live POS . . . .

Expect ZenPool payouts to collapse again soon.

There is some good pump action in that post:

Quote
if you do decide to upgrade, you’ll want to do it right away.

Quote
Hashlet Primes Value? To the Moon!

Quote
HashStakers aren’t just the most advanced wallet in the world. They’re the best place to grow cryptocurrency. Period.

Quote
your $10 ZenHashlet will pay out ~ $40 over the next few months

Quote
every Hashlet, (no matter how low the price is,) has the ability to earn an entire $20 Paycoin
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December 04, 2014, 03:38:35 AM
 #2791

Quote


Exactly my thoughts who is the old guy? is this not what crypto was designed against was big banking in the first place let the 3rd party processors handle it

Also the head of Security is a shifty basic body lang shows he is not confident in what he is saying till half way though he does not make eye contact and is shifting his eyes. That is signs of deceit, watch the video for yourself if you were talking to this guy face to face would you believe him? or even trust him?

What time of the video is this?  Been jumping around the video.

Who ever the shiffty fuck with the UAV model in the background is.

Eric capriono

http://youtu.be/Bs5BFSvzBPU?t=6m13s

Josh gives him $8,000,000 for his company but he can't afford a bigger office area? I feel cramped just looking at him there.
Also Eric's wife Amber works away from home @ gawminers home base.. why..?
If I had 8 million dollars, I'd forbit my wife from going away for work.

I think Josh straight up lied about that $8,000,000 deal and its not the last lie he ever told
If he didn't lie about it.. I'm not sure what the fuck Eric is still doing with that shady company?

I stand someone corrected, Josh paid $8m for a 'stake' in Eric's company, even though Zenminer wasn't worth jack shit until Josh obtained a stake in it. The conspiracy here is that Amber worked for Josh since they started so its kind of evident how Eric's project came into play and as everyone is as close as they are.. I'm sure they agreed on keeping is hush while they faked a $8m transaction to make themselves look better.

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December 04, 2014, 03:40:42 AM
 #2792

I think Josh straight up lied about that $8,000,000 deal and if he didn't.. I'm not sure what the fuck Eric is still doing with that shady company?

Maybe it was $8 million worth of PayCoin? Might explain why he's still there.
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December 04, 2014, 03:41:06 AM
 #2793

Quote


Exactly my thoughts who is the old guy? is this not what crypto was designed against was big banking in the first place let the 3rd party processors handle it

Also the head of Security is a shifty basic body lang shows he is not confident in what he is saying till half way though he does not make eye contact and is shifting his eyes. That is signs of deceit, watch the video for yourself if you were talking to this guy face to face would you believe him? or even trust him?

What time of the video is this?  Been jumping around the video.

Who ever the shiffty fuck with the UAV model in the background is.

Eric capriono

http://youtu.be/Bs5BFSvzBPU?t=6m13s

Josh gives him $8,000,000 for his company but he can't afford a bigger office area? I feel cramped just looking at him there.
Also Eric's wife Amber works away from home @ gawminers home base.. why..?
If I was 8 million dollars richer, I'd forbit my wife from going away for work.

I think Josh straight up lied about that $8,000,000 deal and if he didn't.. I'm not sure what the fuck Eric is still doing with that shady company?

Check local court records for any type deals being made there will be a document trace if said deal was done... No one lets that much money go off with out some sort of legal agreement filed in the courts

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December 04, 2014, 03:45:05 AM
 #2794

I think Josh straight up lied about that $8,000,000 deal and if he didn't.. I'm not sure what the fuck Eric is still doing with that shady company?

Maybe it was $8 million worth of PayCoin? Might explain why he's still there.

No...$40 million ...when a ShitPayCoin goes from $20 to $100 ... Grin

Complete BS...

ZiG
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December 04, 2014, 03:46:32 AM
 #2795

Josh gives him $8,000,000 for his company but he can't afford a bigger office area? I feel cramped just looking at him there.
Also Eric's wife Amber works away from home @ gawminers home base.. why..?
If I had 8 million dollars, I'd forbit my wife from going away for work.

I think Josh straight up lied about that $8,000,000 deal and if he didn't.. I'm not sure what the fuck Eric is still doing with that shady company?

The deal wasn't with Eric afaik. Zenminer was owned by Tom Fraser, the son of Stuart fraser who has coincidentally been invested in Josh's ventures since he was a highschooler.

I think we are supposed to believe they've spent $8,000,000 on a pool, mined ~$8,000,000 worth of bitcoins then decided screw mining, let's make a super advanced datacenter optimized wallet instead.
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December 04, 2014, 03:48:09 AM
 #2796

Josh gives him $8,000,000 for his company but he can't afford a bigger office area? I feel cramped just looking at him there.
Also Eric's wife Amber works away from home @ gawminers home base.. why..?
If I had 8 million dollars, I'd forbit my wife from going away for work.

I think Josh straight up lied about that $8,000,000 deal and if he didn't.. I'm not sure what the fuck Eric is still doing with that shady company?

The deal wasn't with Eric afaik. Zenminer was owned by Tom Fraser, the son of Stuart fraser who has coincidentally been invested in Josh's ventures since he was a highschooler.

I think we are supposed to believe they've spent $8,000,000 on a pool, mined ~$8,000,000 worth of bitcoins then decided screw mining, let's make a super advanced datacenter optimized wallet instead.

Shits stinks to high hell does it not? After what I have learned by PM and from what I watched... give me 8 mil I will show you innovation worth adapting on a large scale.

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December 04, 2014, 03:48:34 AM
 #2797

Josh gives him $8,000,000 for his company but he can't afford a bigger office area? I feel cramped just looking at him there.
Also Eric's wife Amber works away from home @ gawminers home base.. why..?
If I had 8 million dollars, I'd forbit my wife from going away for work.

I think Josh straight up lied about that $8,000,000 deal and if he didn't.. I'm not sure what the fuck Eric is still doing with that shady company?

The deal wasn't with Eric afaik. Zenminer was owned by Tom Fraser, the son of Stuart fraser who has coincidentally been invested in Josh's ventures since he was a highschooler.

I think we are supposed to believe they've spent $8,000,000 on a pool, mined ~$8,000,000 worth of bitcoins then decided screw mining, let's make a super advanced datacenter optimized wallet instead.

Oh.. so Eric is only an Employee? Sucks to be that guy.

Eric Capuano is suppose to be the president according to this article and many others... what is going on here?
http://cointelegraph.com/news/112271/gaw-buys-controlling-stake-in-zenminer-for-8-million

OIKOS.CASH      Decentralized finance on Tron   ▬▬▬▬▬▬▬▬▬▬▬▬▬   Collateral-backed stable-coins
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December 04, 2014, 03:49:26 AM
 #2798

What I take away from this is:

- GAW is getting out of mining
- GAW actually has investors other than his dad-in-law involved now that have devised this partnerships with banks idea

So you LTCGear shills are behind this "father in law" fud? Lol
One shitty cloud mining trying to look better than the other by making up storries. Very crypto much wow Cheesy

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December 04, 2014, 03:51:42 AM
 #2799

I couldn't even last the 6 minutes. I wanted to strangle Justin Beiber, I mean Ace and cut that ridiculous hair. I wonder who won the business model contest and decided on letting that punk introduce the whole Q&A. Because that's exactly what serious investors want to see, anything Beiberesque. Anyways what I wanted to know from anyone that had the courage and the stomach to watch the whole thing is, were they in the data-center? and did he spray-paint anything pink?

Nope as expected, its hard to do when there is no data center.

1KRuaLy9R7r328m2H67xxnJ8QeAbvCDe6C

Mr. GARBOZO you lost your bet pay up 100BTC
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December 04, 2014, 03:54:48 AM
 #2800

What I take away from this is:

- GAW is getting out of mining
- GAW actually has investors other than his dad-in-law involved now that have devised this partnerships with banks idea

So you LTCGear shills are behind this "father in law" fud? Lol
One shitty cloud mining trying to look better than the other by making up storries. Very crypto much wow Cheesy

I promise you I am pulling every record know to man on the fact and we will see who is telling the truth in this matter. Give me some time

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