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galdur
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January 05, 2015, 12:51:29 PM |
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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
Yeah. Terrible. Their bite is even weaker than their pathetic barking. They´ll maybe fine GAW a cent on the dollar in five years. Maybe. |
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drasted
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January 05, 2015, 12:54:51 PM |
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Can someone explain what's going on in this video? What are they meant to be showing and why was it deleted? |
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AnimoEsto
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January 05, 2015, 12:59:32 PM |
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Can someone explain what's going on in this video? What are they meant to be showing and why was it deleted? They are meant to be showing their mining datacenter, nobody apart from GAW really knows why it was deleted |
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10BTCaDay
Full Member
 Offline
Activity: 770
Merit: 100
Oikos.cash | Decentralized Finance on Tron
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January 05, 2015, 01:03:53 PM |
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Can someone explain what's going on in this video? What are they meant to be showing and why was it deleted? They are meant to be showing their mining datacenter, nobody apart from GAW really knows why it was deleted They are obviously washing away any proof of 'hashlets'. |
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coinmaster222
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January 05, 2015, 01:28:45 PM |
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Seemingly from reading Hashtalk paybase wont let you sell xpy ..strange?
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NeonTranceBadger
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January 05, 2015, 01:29:29 PM |
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Can someone explain what's going on in this video? What are they meant to be showing and why was it deleted? They are meant to be showing their mining datacenter, nobody apart from GAW really knows why it was deleted They are obviously washing away any proof of 'hashlets'. To bad we got smart and started documenting and archiving everything. |
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bmgbmg
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January 05, 2015, 01:32:33 PM |
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Great ponzi scheme from top to bottom, like crypto has enough problems. Paycoin is a scam from the start. The objective now is to extend is as long as possible and get out with some money. That's the reason for the promises all along is to keep the sheep from dumping. Now the lock paybase so the sheep don't transfer to cryptsy and dump.
Anyone newly person involved in this now deserves to lose every cent of their money.
All of the original investors we'll have to see and they may have to start preying.
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strangerdanger101
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January 05, 2015, 01:36:43 PM |
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Seemingly from reading Hashtalk paybase wont let you sell xpy ..strange?
I guess that's how they keep those ratios up   |
What has it got in its pocketses precious? BTC: 1KctJNLwzFK8qJPsSwDrQRNxxKnVCrZm93
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puwaha
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January 05, 2015, 01:39:00 PM |
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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. You can't re-stake a prime controller. Once you put the coins into it to start it up, you can't just keep putting coins into it. So it's not compounding interest. After the "round" (6 months) is up, you can re-stake the prime controller, and it has to be a minimum of 1% of all total coins. So you can't just sell off all the coins your prime controller generated during the round of 6 months. |
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elkrisi
Member
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Activity: 107
Merit: 10
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January 05, 2015, 01:39:26 PM |
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Seemingly from reading Hashtalk paybase wont let you sell xpy ..strange?
I can verify this is being going on for days. It seems another pathetic attempt from keeping people dumping xpy. Once you login and do the authy code you are greeted with an "Error - can't process at the moment" message. True in the GAWsome spirit, this "moment" lasts for DAYS...I have liquidated all my account in GAW since a long time now but left 25 xpy to watch the show. Well, those 25 xpy is impossible to move from paybase for the last 3 days now!!! |
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10BTCaDay
Full Member
Offline
Activity: 770
Merit: 100
Oikos.cash | Decentralized Finance on Tron
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January 05, 2015, 01:50:24 PM |
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Are these people fucked in the head? I guess that they have to trick people to hold their coins so the price rises so these scum could cash out and see some sort of return on their investment. Its REALLY bad when you have to pretty much beg people to stay in the scam, But aren't these people aware that the owner 'Josh Garza' has 12,000,000 coins that keep on rising that he can slowly dump into the exchanges to make himself rich until XPY dies? I'm surprised they lasted through 2014.. but they are going to get raided this year for sure, more people are aware and everyone and their cat, including myself, to the FBI, SEC, FCC and their local police departments in San Antonio TX, Hartford CT and Bloomfield CT. I'm sure it'll take a couple months for these agencies to gather enough evidence to raid them but send whatever you can to: https://tips.fbi.gov/https://denebleo.sec.gov/TCRExternal/disclaimer.xhtmlSAPD.WEBSITE@sanantonio.govGawminer's home base is in Bloomfield, CT.. Contact their Chief of Police directly at: p.hammick@bloomfieldpolice.orgI really feel bad for the people who taken out loans, spent their grandmother's pension, sold their house, cars and etc to invest in gawminers... If they're caught earlier than later then they will be able to recover more money before Gaw spends it all. |
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puwaha
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January 05, 2015, 01:54:35 PM |
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Seemingly from reading Hashtalk paybase wont let you sell xpy ..strange?
I can verify this is being going on for days. It seems another pathetic attempt from keeping people dumping xpy. Once you login and do the authy code you are greeted with an "Error - can't process at the moment" message. True in the GAWsome spirit, this "moment" lasts for DAYS...I have liquidated all my account in GAW since a long time now but left 25 xpy to watch the show. Well, those 25 xpy is impossible to move from paybase for the last 3 days now!!! Really? I've been selling my coins on paybase daily for the last 4-5 days... no problem. |
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keshuker
Sr. Member
Offline
Activity: 395
Merit: 250
aka. dibdab
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January 05, 2015, 01:58:33 PM |
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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. You can't re-stake a prime controller. Once you put the coins into it to start it up, you can't just keep putting coins into it. So it's not compounding interest. After the "round" (6 months) is up, you can re-stake the prime controller, and it has to be a minimum of 1% of all total coins. So you can't just sell off all the coins your prime controller generated during the round of 6 months. You are talking about hashstaker which is just some mumbo jumbo name for locking your coin in for 1% per day. You can't reload those as you stated but the prime controller is just a wallet with special staking rate, so if they won't manually transfer the new minted coins out of the wallet address, it will compound |
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10BTCaDay
Full Member
Offline
Activity: 770
Merit: 100
Oikos.cash | Decentralized Finance on Tron
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January 05, 2015, 02:00:10 PM |
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KC6TTR could you make a signature for Gawgate?
Thanks.
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vancefox
Legendary
Offline
Activity: 1033
Merit: 1005
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January 05, 2015, 02:41:46 PM |
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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. You can't re-stake a prime controller. Once you put the coins into it to start it up, you can't just keep putting coins into it. So it's not compounding interest. After the "round" (6 months) is up, you can re-stake the prime controller, and it has to be a minimum of 1% of all total coins. So you can't just sell off all the coins your prime controller generated during the round of 6 months. 2,800+ coins and counting on that non restaking stake... And it seems to me the payments are even starting to increase like it's.... compounding... Plus, the "prime" controller key isn't like their locked "hashstaker". The prime key is inputted during the start-up of the qt wallet to "open" the 3000% gift from Josh... The only thing in the code is verification that the block has the minimum # of coins to be a "prime" (125,000 XPY). |
This space not for rent...
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vancefox
Legendary
Offline
Activity: 1033
Merit: 1005
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January 05, 2015, 02:44:27 PM |
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Look, everyone... stop just posting hashtalk.org links. Start archiving them!!!!! We have already seen Josh & Co. delete or take out of view anything and everything that shows just exactly what he said or the promises he made or the hype he built... http://archive.org/web/Input these urls into the archive and let the internet always remember Josh Garza. |
This space not for rent...
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10BTCaDay
Full Member
Offline
Activity: 770
Merit: 100
Oikos.cash | Decentralized Finance on Tron
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January 05, 2015, 02:49:41 PM |
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Paul Revere
Sr. Member
Offline
Activity: 406
Merit: 260
The Scamcoats are coming!
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January 05, 2015, 02:52:55 PM |
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Shit, they don't take Paycoin. WTF? I have a new product for these guys, candy bar wrappers that when you open them have a dog turd inside instead of a candy bar. Oh wait, GAW already patented that one..... |
All of my posts are simply statements of my own personal opinions based on available information and pondering what might be possible considering human nature, with the goal of finding truth and preventing fraud. Please look at all of the facts and theories and put your thinking cap on to draw your own conclusions. If you feel that I have made a false statement or have been unnecessarily derogatory, I encourage you to please point it out, and if proven correct and/or reasonable I will remedy it. ~ Paul Revere
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galdur
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January 05, 2015, 02:54:40 PM |
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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. You can't re-stake a prime controller. Once you put the coins into it to start it up, you can't just keep putting coins into it. So it's not compounding interest. After the "round" (6 months) is up, you can re-stake the prime controller, and it has to be a minimum of 1% of all total coins. So you can't just sell off all the coins your prime controller generated during the round of 6 months. You are talking about hashstaker which is just some mumbo jumbo name for locking your coin in for 1% per day. You can't reload those as you stated but the prime controller is just a wallet with special staking rate, so if they won't manually transfer the new minted coins out of the wallet address, it will compound Incidentally; when I started at GEW I was elated when my Zen hashlets yielded a whopping 1% per day. And nobody talked about it. Obviously I reinvested the yield like crazy in more zens and added more funds. Then this wonderful yield tanked of course but my average was low due to all those reinvestments and picking up cheap zens in the market so I got out OK. |
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