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inBitweTrust
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January 04, 2015, 12:58:29 PM |
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Even if the value of a coin will be about that of a speck of dust
(about one millionth of one cent) in 2020 my stake will be worth
200 thousand dollars. You bashers just don´t understand the power of numbers.
You haven't done the math . Do you understand the power of numbers relative to varying stakes and interest rates over time? 33 / ( 365 * 33 + 8) = 0.00273790757487762382809259105617
Daily Rate * 350 = 0.95826765120716833983240686965901
Daily Rate * 100 = 0.27379075748776238280925910561686
Daily Rate * 20 = 0.05475815149755247656185182112337
Daily Rate * 10 = 0.02737907574877623828092591056169
Daily Rate * 5 = 0.01368953787438811914046295528084 Have you calculated the costs of the hashstakers or taken a risk assessment of the the value of a currency controlled by a central company, with no army, and a crowd of lawyers salivating to attack? Have you absolutely no sense of history what happens to centralized currencies controlled by for profit companies or the effects hyperinflation has? p.s... homework assignment - research what happened to liberty dollar, DGC, liberty reserve, egold, ect... |
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strangerdanger101
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January 04, 2015, 01:05:19 PM |
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Even if the value of a coin will be about that of a speck of dust
(about one millionth of one cent) in 2020 my stake will be worth
200 thousand dollars. You bashers just don´t understand the power of numbers.
You haven't done the math . Do you understand the power of numbers relative to varying stakes and interest rates over time? 33 / ( 365 * 33 + 8) = 0.00273790757487762382809259105617
Daily Rate * 350 = 0.95826765120716833983240686965901
Daily Rate * 100 = 0.27379075748776238280925910561686
Daily Rate * 20 = 0.05475815149755247656185182112337
Daily Rate * 10 = 0.02737907574877623828092591056169
Daily Rate * 5 = 0.01368953787438811914046295528084 Have you calculated the costs of the hashstakers or taken a risk assessment of the the value of a currency controlled by a central company, with no army, and a crowd of lawyers salivating to attack? Have you absolutely no sense of history what happens to centralized currencies controlled by for profit companies or the effects hyperinflation has? p.s... homework assignment - research what happened to liberty dollar, DGC, liberty reserve, egold, ect...  |
What has it got in its pocketses precious? BTC: 1KctJNLwzFK8qJPsSwDrQRNxxKnVCrZm93
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inBitweTrust
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January 04, 2015, 01:11:19 PM |
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Hey all, This is my first post here, but I've been lurking on the thread since about, oh, page 200 or so. I was an early "investor" in GAW (~5 figures) when they were still (supposedly) hosting actual hardware for cloud mining, i.e. pre-hashlets. I'm fairly active on reddit, and since the whole paycoin/paybase debacle has really thrust Josh Garza and his fraud into the spotlight there, I decided to create a new subreddit strictly devoted to exposing Josh Garza as a fraud and bringing him to justice. If any of you are interested in contributing, by all means come on over. Not trying to steal any thunder from what you all are doing here, just figured the more exposure the better. I am planning to contribute to this ongoing thread also with any useful information that is shared on the new subreddit. Let's bring Homero's scam down. http://www.reddit.com/r/joshgarzaisafraudEvery bit helps, thanks, I will take a look. |
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strangerdanger101
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January 04, 2015, 01:14:48 PM |
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Hey all, This is my first post here, but I've been lurking on the thread since about, oh, page 200 or so. I was an early "investor" in GAW (~5 figures) when they were still (supposedly) hosting actual hardware for cloud mining, i.e. pre-hashlets. I'm fairly active on reddit, and since the whole paycoin/paybase debacle has really thrust Josh Garza and his fraud into the spotlight there, I decided to create a new subreddit strictly devoted to exposing Josh Garza as a fraud and bringing him to justice. If any of you are interested in contributing, by all means come on over. Not trying to steal any thunder from what you all are doing here, just figured the more exposure the better. I am planning to contribute to this ongoing thread also with any useful information that is shared on the new subreddit. Let's bring Homero's scam down. http://www.reddit.com/r/joshgarzaisafraudOnly if I can post memes I LUV DEM! |
What has it got in its pocketses precious? BTC: 1KctJNLwzFK8qJPsSwDrQRNxxKnVCrZm93
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galdur
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January 04, 2015, 01:20:00 PM |
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I did the math and purchased 12000 Paycoins. Given my best case
scenario this will be worth 4 Trillion dollars in 2020 (4 Quadrillion/1000)
worst case 200 Billion (200 Trillion/1000).
Pocket lint valuation, still $200 Million I can live with that.
A perfect example of the type of individual con artists and psychopaths are drawn to. Good luck with your investments and be careful not to buy any bridges people offer to sell you. Even if the value of a coin will be about that of a speck of dust (about one millionth of one cent) in 2020 my stake will be worth 200 thousand dollars. You bashers just don´t understand the power of numbers. Yeah sorry inbitwetrust, just joking. |
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inBitweTrust
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January 04, 2015, 01:24:46 PM |
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Yeah sorry inbitwetrust, just joking.
My ego is of no consequence, the problem is many people passing by may look at your comments and think , hey he is right, may as well gamble on this. We are trying hard to minimize this scam so that it won't effect as many people like Mtgox has. Thanks for clearing that up, though. |
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strangerdanger101
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January 04, 2015, 01:28:38 PM
Last edit: January 04, 2015, 01:42:45 PM by strangerdanger101 |
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Hey all, This is my first post here, but I've been lurking on the thread since about, oh, page 200 or so. I was an early "investor" in GAW (~5 figures) when they were still (supposedly) hosting actual hardware for cloud mining, i.e. pre-hashlets. I'm fairly active on reddit, and since the whole paycoin/paybase debacle has really thrust Josh Garza and his fraud into the spotlight there, I decided to create a new subreddit strictly devoted to exposing Josh Garza as a fraud and bringing him to justice. If any of you are interested in contributing, by all means come on over. Not trying to steal any thunder from what you all are doing here, just figured the more exposure the better. I am planning to contribute to this ongoing thread also with any useful information that is shared on the new subreddit. Let's bring Homero's scam down. http://www.reddit.com/r/joshgarzaisafraudOnly if I can post memes I LUV DEM! Sure, meme away. Since this is my second post here, I would post "I have no idea what I'm doing" meme if I knew how. I'm eye_are_truth on reddit feel free to hit me up. You should write a post describing your personal situation and experiences with GAW and why it compelled you to start a subreddit. Also know this GAWdrones lurk here and they will attack you and get their fellow drones to downvote you (personal experience), so just stay strong and stick to the truth and facts and don't let them drag you into a shit slinging match. There are only two mistakes one can make along the road to truth; not going all the way, and not starting. You already started so good luck. |
What has it got in its pocketses precious? BTC: 1KctJNLwzFK8qJPsSwDrQRNxxKnVCrZm93
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eoakland
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January 04, 2015, 01:57:34 PM |
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the rats are jumping ship to save themselves from the mess they helped create A you don't know me. B you don't need to know me C if you did know me you wouldn't have said what you did because those who do know me know exactly what I think. I didn't have much interaction with many of the other mods, but i can vouch that CyberLizard was very fair. I don't think calling him a rat is fair at all. Thanks for your efforts sir, who is going to chomp up those 1.30 primes being sold now ?  don't stay a stranger |
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neochronos
Newbie
 Offline
Activity: 6
Merit: 0
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January 04, 2015, 02:01:08 PM |
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I'm wondering if paycoin is having any influence on this recent sell off of BTC.
Sure it might just be testing of the BTC low in order to spark a climb, but the timing of the dump of paycoin preceding the decline in BTC is interesting.
The volume in trading has been exceptionally high for PayCoin. How much of the BTC being traded into this paycoin ecosystem is then being dumped to Fiat?
Where most coins start out with low value this one with 12million premine and an astronomical amount of coins being minted per day, this coin hits the market at $20 USD - and sustained a value of $10-$15 for the first few days with excess of millions of dollars worth of BTC tradining per day. I'm afraid this coin is leaching value out of the cryptocurrency market at a massive volume and should be driven down much lower, much faster in order to stop the BTC bleed that is occurring. I'm afraid I see now how many if not all of these other alt-coins are hurting the overall value of BTC.
And just as I post BTC falls to $260 from $280, which just fell from $300's..
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seedtrue
Legendary
Offline
Activity: 963
Merit: 1002
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January 04, 2015, 02:09:23 PM |
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I'm wondering if paycoin is having any influence on this recent sell off of BTC.
Of course not. Don't give them that much credit. |
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erwin45hacked
Legendary
Offline
Activity: 1064
Merit: 1000
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January 04, 2015, 02:09:35 PM |
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I'm wondering if paycoin is having any influence on this recent sell off of BTC.
Sure it might just be testing of the BTC low in order to spark a climb, but the timing of the dump of paycoin preceding the decline in BTC is interesting.
The volume in trading has been exceptionally high for PayCoin. How much of the BTC being traded into this paycoin ecosystem is then being dumped to Fiat?
Where most coins start out with low value this one with 12million premine and an astronomical amount of coins being minted per day, this coin hits the market at $20 USD - and sustained a value of $10-$15 for the first few days with excess of millions of dollars worth of BTC tradining per day. I'm afraid this coin is leaching value out of the cryptocurrency market at a massive volume and should be driven down much lower, much faster in order to stop the BTC bleed that is occurring. I'm afraid I see now how many if not all of these other alt-coins are hurting the overall value of BTC.
And just as I post BTC falls to $260 from $280, which just fell from $300's..
brand new account with first post on this thread why dont you show your real account  |
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mm5aes
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January 04, 2015, 02:13:53 PM
Last edit: January 05, 2015, 10:38:05 AM by mm5aes |
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the rats are jumping ship to save themselves from the mess they helped create A you don't know me. B you don't need to know me C if you did know me you wouldn't have said what you did because those who do know me know exactly what I think. I didn't have much interaction with many of the other mods, but i can vouch that CyberLizard was very fair. I don't think calling him a rat is fair at all. Thanks for your efforts sir, who is going to chomp up those 1.30 primes being sold now ? don't stay a stranger Sorry, have to disagree with you. Had the misfortune to watch CyberLizard bait then ban people on several threads that did not toe the party line in the early days of hashtalk. Even if he had no inside knowledge of what Garza and co were up to, his one sided moderation helped perpetrate the illusion that all was wonderful in GAW land to any visitor to hashtalk. You just have to look at the derisive posts of people like redacted and rootdude that went without comment, far less punishment to see the level of his culpability. I will say his resignation post was admirable, however, way to late to obsolve him of culpability in my humble opinion. |
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galdur
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January 04, 2015, 03:16:42 PM |
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RE: Shitflies buzzing on piles of dung. From the Hashie thread |
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galdur
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January 04, 2015, 03:21:04 PM |
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This Jane character edits the tortured syntax and typos of Josh´s marketing messages, right ?
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galdur
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January 04, 2015, 03:28:48 PM |
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suchmoon (OP)
Legendary
Offline
Activity: 3710
Merit: 8968
https://bpip.org
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January 04, 2015, 03:31:06 PM |
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This Jane character edits the tortured syntax and typos of Josh´s marketing messages, right ?
She does. I'm just not sure about the link between her and Hashie. Seems like a stretch there. But the Dr. Coates story looks to be a promising one if that's really the same person in all those old scams. For some reason he's banned. Not sure what happened there: https://hashtalk.org/user/drpaul |
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galdur
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January 04, 2015, 03:43:35 PM |
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This Jane character edits the tortured syntax and typos of Josh´s marketing messages, right ?
She does. I'm just not sure about the link between her and Hashie. Seems like a stretch there. But the Dr. Coates story looks to be a promising one if that's really the same person in all those old scams. For some reason he's banned. Not sure what happened there: https://hashtalk.org/user/drpaulAh. Man, am I braindead. Of course I remember drpaul now. |
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WaffleMaster
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January 04, 2015, 03:45:12 PM |
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Lol I didn't know so many 28 satoshi buy orders could manipulate a market so well.
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