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

[NSCrypto]

Josh will be in Miami at a bitcoin conference.. Lets compile all the claims GAW has made (not in a public forum where GAW can observe) and pose these questions to Josh in front of a live audience (I believe he is a panelist for a open Q&A). We just need to make sure we have concrete evidence and all our facts straight..

Any takers?

And if GAW is legit, then they shouldn't have any issues with answering our questions, eh?

I'd love if this could be recorded and uploaded to youtube or something

[coinits]

Josh will be in Miami at a bitcoin conference.. Lets compile all the claims GAW has made (not in a public forum where GAW can observe) and pose these questions to Josh in front of a live audience (I believe he is a panelist for a open Q&A). We just need to make sure we have concrete evidence and all our facts straight..

Any takers?

And if GAW is legit, then they shouldn't have any issues with answering our questions, eh?

Actually he was already bitching that organizers may tell him to stay away.

[WaffleMaster]

Uh oh, looks like the people are required to wait a nauseously long time before they can post about their money! 3 days to be exact. Looks like the red writing is on the wall, folks. They don't want any newcomers who are onlooking to say anything that would alert the herd.

[MinermanNC]

https://hashtalk.org/topic/27522/we-are-here

Talk about the diehards of HT still posting, like "give em hell Josh" lol, amazingly unbelievable!!
ok, Goodnight all  

[WaffleMaster]

Uh oh, looks like the people are required to wait a nauseously long time before they can post about their money! 3 days to be exact. Looks like the red writing is on the wall, folks. They don't want any newcomers who are onlooking to say anything that would alert the herd.

They've now began to engage members into a 3 day waiting initiation into the cult lol.

[I_IZ_CEO]

Multiple people there are saying that remove paycoin from other exchanges will make it easier to have a 20 dollar floor. How on earth would that work?

Get rid of the exchanges, then gaw/paybase can control the price:

ie, we will buy 1xpy for $20 for every 1xpy we sell for $20 (with 10% fee both ways).

And why will they do that when they can buy them for 4 right now and aren't doing it?

Cause they actually make money on every sale this way rather than lose any money. Basically they can make it work like their hash market in a sense.

No they don't. 20 - fee is more money than 4 right now.

No, what I'm saying is they will only buy 1 XPY for $20 after they have sold 1 XPY for $20.

Why would they do that when they are refusing to buy xpy for 4 right now when they have sold many for 4. Why would anyone buy one from them for 20 tomorrow when they could buy one for 4 right now? Any math or idea involving the 20 dollar number is wrong because 20 is a number pulled out of Josh's ass that has no relevance with anything.

The math is very simple, (does the Homero Talk), Let me explain 1 thing to you. 1 XPY = 1 XPY, you see how easy it is!

[alienesb]

https://hashtalk.org/topic/27522/we-are-here

Talk about the diehards of HT still posting, like "give em hell Josh" lol, amazingly unbelievable!!
ok, Goodnight all  

Back to hardware I bet.

[Paul Revere]

https://hashtalk.org/topic/27522/we-are-here

Talk about the diehards of HT still posting, like "give em hell Josh" lol, amazingly unbelievable!!
ok, Goodnight all  

The level of trance-like imbecility and blind devotion displayed by these cult members is shocking.



Sorry morons, you have been Paycoined!

[coinits]

The market has spoken. ShapeShift.io removes Paycoin from their website. Claims decepiton/fraud.

http://www.reddit.com/r/Bitcoin/comments/2r5irw/shapeshiftio_official_announcement_re_paycoin/

WOW! It keeps piling on!

[KC6TTR]

But but but but... what happened to...

http://webcache.googleusercontent.com/search?q=cache:CCO6WXBkBa0J:www.paycoin.com/pages/challenge+&cd=2&hl=en&ct=clnk&gl=us

??

Scott-

[WaffleMaster]

The market has spoken. ShapeShift.io removes Paycoin from their website. Claims decepiton/fraud.

http://www.reddit.com/r/Bitcoin/comments/2r5irw/shapeshiftio_official_announcement_re_paycoin/

WOW! It keeps piling on!

Yes, and this.


and this

and this


Feel free to add to this or post this on reddit as you see fit.

[jh7phone]

The market has spoken. ShapeShift.io removes Paycoin from their website. Claims decepiton/fraud.

http://www.reddit.com/r/Bitcoin/comments/2r5irw/shapeshiftio_official_announcement_re_paycoin/

WOW! It keeps piling on!

Any exchange that removes this coin will be praised by the community and also get great publicity and attention.

[tylerderden]

still waiting on my coins i mined at launch with over 30 ths, great way to start off by fucking over the miners. that says it all about gaw "the peoples money" fucking scam shitcoin.

[interstellar]

As the followers show their endless, drooling faith to Josh, there's something else they may need to start worrying about.

Mr. A.D.D.-king Garza has treated paycoin like his shiny new toy. Children tend to lose interest in their toys abruptly when the shine dulls. Paycoin is now damaged goods. The innovations he claims he will be focusing on might very well mean he will start distancing himself and losing interest in paycoin. He may start withdrawing support and development (what little there actually is) from all things paycoin related as he decides to stop throwing good money after bad in a losing proposition. He is surely smart enough to know that coins never come back from a collapse like this in the end.

So watch out folks, Josh may already be planning to move onto his next scheme and you will be left as bagholders.

Watch for the signs. If suddenly "paybase" is the focus, and there is a subtle shift away from paycoin and back to bitcoin, watch the fuck out. Your investment is about to be toast, just like every other thing (ie, hashlets, primes, vault breakers, etc) that he hyped as the greatest ever but then lost interest and moved on from.

[miri94]

I feel so proud of the members of this forum!

You guys are really good people and I have grown to love crypto thanks to you.

I hope you will get the chance to do the same for LTCGear if it falls over.

[clanbake]

PERSONAL MESSAGE TO GARZA

Josh, you are a fucking little piece of shit? How is your partner Amazon.com? Walmart? Didn't these hashtalk idiots buy paycoin at 4$? its 2$ now Are you guys fucking stupid?

@GAW-Founders @GAW-Staff @GAW_CEO this is for you, please answer these questions for us. I've made assumptions below, just correct me if I'm wrong or let me know if I'm right.

A few pieces of data would really make me feel better about investing more money and or keeping my money at GAW:

I am currently under the assumption that GAW is a mining operation with a giant total hash rate 500MH (I know that's really low, just keeping it simple for this post). So, if your total is 500MH and I buy 1MH, you have 499HM left to sell or mine with until you sell more, but I get to keep my 1MH for the life of the company. If I buy 2MH then you have 488MH remaining...

Gaw, is mining for blocks of coin, when a block is found you split the payout based on how much hashing power each person/account put toward finding that block (like a pool).

* Per coin, what is the total hash rate of the operation?
* Per coin, what is the total hash rate vs remaining? (what have you sold, how many do you have left...)
* Per coin, how many block are we getting daily?
* Why not List the blocks found, that would be **solid proof** to everyone that you are actually mining.
* Total power usage and cost for the farm or farms?

*If this data was posted somewhere on the site, I'm sure you would have quite a bit more customers, the fact that it is not posted is a **giant red flag**.*

*Another **giant red flag** is that picture of the mining farm you posted the other day. By now, I would expect several videos showing off this awesome mining farm. Why do you not want to sell more hashlets? Instead we got a bunch of pics of you and your friends in a Learjet Smiley Please do me a favor, take that jet to the mining farm, invest in a camera, take some photos and video and report back*

Thanks!
------------------------------------------------------------------------------

He quickly removed this post and tried to contact me via chat.

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 GAW_CEO
I find your comment innapriorate and disrespectful. If you are interested a normal and respectful conversation, let me know.

about 14 hours ago chrisk
I’m sorry, I really don’t mean to disrespect anyone. I simply asked if you could post some numbers that anyone here would be interested in.

In the end I, like everyone on here, am a customer disrespect or not, I need to know the facts before I invest.

about 14 hours ago GAW_CEO
I would rather you not invest

if you do not have the info you want

about 14 hours ago chrisk
Wow, really?

So you don’t need the business?

about 14 hours ago GAW_CEO
Thats correct. I am only interested in business from those who are comfortable with us.

I dont want anyone doing business with us thats not comfortable

about 14 hours ago chrisk
Well that’s laughable. 1) you do realize this communication is not private in any way. 2) Rather than provide numbers you would just not want my business?

about 14 hours ago GAW_CEO
As the CEO, I get the choice to decide what I disclose. Just like you get to device who you do business with.

*choose

about 14 hours ago chrisk
Okay, so tell me. Why would you not want more customers?

I mean, in the end ive said that this is awesome! but simply asked for more data before I invest and you’re threatened or annoyed by that

why is that?

about 14 hours ago GAW_CEO
Its not about wanting more customers. I choose what I think is best for the customer base we already have. My obligation is to them and their investments. I do not disclose certain types of information for competitive reasons. Companies all over the world are copying our designs, and I am not interested in making it easier for them. So like I said, you have to decide if there is a fit here for you.

about 14 hours ago chrisk
So why not say that on your website?

about 14 hours ago GAW_CEO
say what?

about 14 hours ago chrisk
or even in the forums

that you will not provide any data at all. Its a invest and gamble or don’t type of deal.

about 14 hours ago GAW_CEO
Depends on what data your asking for. But no, as a private customer we will not release data about our financials, hashing power, the multipools we own, etc

about 14 hours ago chrisk
I mean, just respond to my post and say sorry, we will not give anyone that info ever for our own reasons.

so were having this conversation but you dont know what data I asked for?

about 14 hours ago GAW_CEO
Not interested an argument. Like a said a few comments back, we plan to do a walk through one of our data centers soon. If your not comfortable, I would wait until then to see if it has the information you want to see to make you comfortable. If it does, I would love to have you as a customer.

about 14 hours ago chrisk
Oh I am a customer. The whole point is that I wanted to invest more, meaning I needed more info before I do that.

its standard info that any pool would give you

Per coin, what is the total hash rate of the operation? Per coin, what is the total hash rate vs remaining? (what have you sold, how many do you have left…) Per coin, how many block are we getting daily? Why not List the blocks found, that would be solid proof to everyone that you are actually mining. Total power usage and cost for the farm or farms?

about 14 hours ago GAW_CEO
I will not provide that information. I have no interest in letting our competitors know our scale

about 14 hours ago chrisk
and that is your official statement?

You do realize you have to show where my money went right?

about 14 hours ago GAW_CEO
There are some pictures throughout the forum of different data centers

about 14 hours ago chrisk
The fact that I put my money into a black hole, and a tiny payout comes out every day (or not) is questionable.

Listen, i don’t want to waste your time. I think I have everything I need.

about 14 hours ago GAW_CEO
Cool, I think our walk through will address some/most of your concerns. It will have some general numbers, pictures, power, etc

about 14 hours ago chrisk
Yea, let me know. I love what you guys are doing but, I need to know its legit. No offense in any way.

Have a good night man.

about 14 hours ago GAW_CEO
email this address

info@bitmaintech.com

and copy me

josh@btc.com

and ask them if our most recent order was over 5 peta hash :grinning:

night
------------------------------------------------------------------------------

To sum it up he doesn't want your business if you ask questions!

I posted this chat log, everyone already had too much koolaid and down voted the post, I couldn't respond to anyone because this kid banned me from hashtalk Smiley


Now. After all this I rushed to sell all my fake little miners "hashlets". Obviously, I didn't even come out of it with, even half my money but luckily I was able to transfer most of what was in my wallet.

After 10 or so tickets to "support", tickets that were closed without any explanation, I was paid out a little bit. 

10/23/2014   Account Credit   0.00001627 BTC   
10/23/2014   Purchase      -0.10579200 BTC
10/23/2014   Account Credit   0.00004409 BTC   
10/22/2014   Account Credit   0.00001783 BTC   
10/22/2014   Account Credit   0.00001782 BTC   
10/22/2014   Withdrawal      -0.09975596 BTC
10/21/2014   Sale   0.09975350 BTC   
10/21/2014   Payout   0.00000069 BTC   
10/21/2014   Payout   0.00000169 BTC   
10/21/2014   Withdrawal      -0.00078330 BTC


So, on the 21st I moved the rest of whatever coin I had out of my account. All my "hashlets" have been sold at this point and virtually no money left in my account. I figure wait another day or so and see if I get any more payout. On the 23rd I noticed a payout of ~0.1 btc Smiley nice, they finally did something right. I did another withdraw of whatever was in my wallet. Then, I realized, that bitcoin came from a sale of a miner Smiley but I didn't sell anything on the 21st, in fact I had sold everything I had by the 19th. Then, on the 23rd my account magically purchased a miner? Now, i'm not a math wiz but if I only have 0.00004409  in my account, how is it that I bought a miner for 0.10579200 Huh? Great! at this point these kids are playing with my account. I didn't sell that miner on the 21st and I sure as hell didn't buy one on the 23rd. I have put in at least 20 more tickets to support asking specifically about this and all I get is some snobby little girl say "Your account is fine, keep mining have a good day, he he Smiley closing your ticket! thank you." 

So GAW I want to close my account because I think you are a ponzi scheme and I do not want any part of it. You should respect that and close my fucking account. You know exactly who I am. Thank you.


I should add that, after this GAW BS. I went and bought several Bitmain Antminer S3+ miners for a nice price on eBay. I set it all up, mining on BTC Guild, getting a very proper payout. I'm actually earning Bitcoin now and a nice little chunk of it. I got my brother interested in mining he is running the same amount of miners. Life is good, no drama, no BS. BTC Guild deserves a lot of praise for being a good, honest pool.

[interstellar]

SMDH, most of these have to be Gaw employees. Please tell me no one can be this dumb again and again...

https://hashtalk.org/topic/27524/buy-paycoin

This will not end well.

[ElTomeko27]

TO ALL GAW/XPY FANBOYS AND JOSH GARZA ------> GAME OVER

[sobitcoin]

SMDH, most of these have to be Gaw employees. Please tell me no one can be this dumb again and again...

https://hashtalk.org/topic/27524/buy-paycoin

This will not end well.

The fact that people are willing to blindly dump $ into something like this horrible of a name is fucking ridiculous.  Seriously, put this in the real world, this company would be under in ten minutes. Nobody, who has worked hard for their money will dump it all into a new brand/currency that is being called a scam by at least 50% of the potential buyers. It's getting to be hilarious, and starting to show the inexperience of bitcoin holders.  Seriously, LOL at this whole situation today. Anyone, anyoneeeeee willing to put money into this, even if itis 100% legit, with this negative feedback, should give their head a fuckin shake. Put this in real world business and circumstances... Do you really believe with this much negativity investors would be jumping on board for more? No..... People are now begging to give BTC away? I have an address in my sig if you are that needy to throw your money away... I might be wrong, but i find it hard to imagine THIS MAGNITUDE of hate from a community with 0 basis.  But to each their own. Invest in a 99% risk, and i guess you will be subject to what it brings. Pretend this was on the news, in your local news paper, on the stock exchange, nobody would touch this company with a fucking ten foot pole, but in crypto land, people are jumping at the opportunity. It's fucking insane...   If i am wrong, i will eat my words, but by pure speculation (the 1000's calling this out), if this many people are calling bullshit, like... c'mon....  These Moolah and Gox threads are just becoming to common, and we can whine and moan about them in hindsite everytime, or just think before we toss BTC at something that looks quite shady.  Not everyone in the Bitcoin community faces this much adversity launching a brand... Why this certain circumstance? Just curious., from a person who is new to paycoin, why SOO MANY PEOPLE have something against this.  I have a hard time believing that it is 100% clear of a scam, hey that's just me, please calm my ever so uneducated thoughts

[galdur]

Poor Josh sounds totally out of gas.

We Are Here
The company is going to be posting something more formal shortly, but I wanted to personally address you.

Let me make something clear:

I am very aware of all the things being said about GAW Miners and myself.

It's being forced in front of me all the time.

I am VERY aware of the price of Paycoins, and I am very aware of the concerns.

Despite that, I have NEVER been more confident in what we are doing. EVER.

Why?

We are focused. You will not see me here as often in the future.

Instead, I am going to lead my team on what we do best and what made us the great company we are today: innovation.

That's how we got here.

We boy oh boy have some things coming, (no more pre-announcements!)

We used to make things that blew the industry away. We were years ahead of everyone else.

Somewhere along the way we got a little lost. Somewhere talking about things became more important than building them. Announcements became more important than what our customers really needed.

I get that.

Still, we are going to make all these guys eat their words.

Stick around to see, come back later, your choice, but we are going to make this happen.

 GAWCEO posted about an hour ago , last edited by BitJane about an hour ago  •