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

[strangerdanger101]

LOL you trolls are funny. Price goes up and everybody is crying. I made over 300 grand with GAW. Guess I'm a shark and you all are sheep lul. I drive fast cars, party with strippers daily thanks to Josh and now I'm going to Bitcoin Miami to shake Mr. Garza's hand and look him in the eye with all my diamond chains on and tell him how great of a man he is. Hopefully we can go to the club later and I'll buy us a celebratory $10,000 bottle of champagne while I have some of my girls who come with me entertain us. Thanks Josh and thank you GAW! My life is amazing now.

[suchmoon]

Small claims where I live accepts up to $25K.  Looks like I am right at the threshold.  Wouldn't I end up paying more for a lawyer to get my money back than just calling this a loss?

I REALLY hope my disputed claims let's me off the hook.  From what I was told, since I opened the disputes, I will not have to pay against the balance until the disputes have been resolved (between 60-90 days they said)...

And so it happens my luck as well that I sold over 150 paycoin on market yesterday at $2.50... If I held those for a little longer FUCK.

I have no other way of cashing out as I have about 600 XPY in cashtakers for 6 months.

FUCK.

If you already started the CC chargeback let that process complete. With the amounts involved you will likely get a letter from your bank asking for supporting documentation, which then will be forwarded to the merchant (GAW or its payment processor, depending on how they have it set up), they may dispute it and send it back to you for additional information. This correspondence can take a month or two, but if they don't dispute you win by default.

I don't know what your chances are, this being a "virtual" product. With physical goods it's usually straightforward - the product was either delivered or not, and it was either as described or not. You may want to call the resolution department at your bank and talk to someone to get a feel for how they would handle this.

[suchmoon]

@Yuzki: You could choose the portion of investment with the most likely avenue of success and thus be under the threshold. If you have a viable case you can likely find a lawyer who will work for a small down payment and the rest on contingent.

Trouble is that even if he/she wins the case it still needs to be collected and that's a whole other story.

Another potential issue is jurisdiction. GAW's TOS may require to resolve all disputes in CT for example (I can't check now since they've hidden their TOS - another classy move).

[kekek]

Well that's just sex with the lights off isn't it

[suchmoon]

Well that's just sex with the lights off isn't it

Can't talk about it publicly. Let me guess, NDA?

rootdude's sob thread got locked, some posters said Allen was unbanned but I still can't see his posts.

[Paul Revere]

@ Suchmoon: I agree about the issues and that getting CC reimbursement is probably the best bet for seeing any money returned. If that fails then I would look into an L word. Just trying to throw out options for victims of this scam to consider.





The GAW faithful are taking a vicious beating this morning as they ride the rollercoaster of dreams. Sad to see these fools continue to stuff Josh & Co's pockets with their money. These fools just can't accept that this ride ends in a pond of muddy water like a logride, where they take a financial bath. Oh well, one is born every minute I guess.

[suchmoon]

New forum incoming:

https://hashtalk.org/topic/28846

GAWCEO
Admin
Moderator
Industry Innovator

New forum and new management

I have some great news!

We are in the process of moving to new forum software! We are excited to have full forum functionality.

We are also moving out our announcements out of the forum so the forum can become independent. Over the next few weeks, I intend to separate the forums from GAW and be independently managed.

This would provide a vender neutral platform and fix many of the censoring issues that some of you have.

Soon, HashTalk will change and become more industry focused.

[WaffleMaster]

Seeing the threads on that new forum is going to be hilarious. My guess is the censoring will continue.

[galdur]

To make this attractive Josh should offer to spend a million dollars a month to redeem coins. That´s 50,000 coins per month assuming a million coins floating. Lets say i have 500 coins (1/2000th of floating coins), I cash in 25 coins per month at $ 20 and ROI in five months. And in 20 months I will have $10,000 for a net return of $7500 on my $2500 purchase of the 500 coins. Much more realistic.

Who the hell knows how long this co. is going to be around ? Obviously the redeeming period needs to be as short as possible as well as time of total return of investment.

[WaffleMaster]

To make this attractive Josh should offer to spend a million dollars a month to redeem coins. That´s 50,000 coins per month assuming a million coins floating. Lets say i have 500 coins (1/2000th of all coins), I cash in 25 coins per month at $ 20 and ROI in five months. And in 20 months I will have $10,000 for a net return of $7500 on my $2500 purchase of the 500 coins. Much more realistic.

A year and a half payments to everybody would cause the ponzi to collapse obviously. They need to have a 20+ year long plan or else they won't have nearly enough money. Guess their millions of dollars of ICO money just went bye bye. Supposedly the company hasn't made a penny lol.

[galdur]

P.S. Since the price of Paycoin is pulling back as we speak the lower it gets the better it will be for me. not so for Josh but screw him

[galdur]

To make this attractive Josh should offer to spend a million dollars a month to redeem coins. That´s 50,000 coins per month assuming a million coins floating. Lets say i have 500 coins (1/2000th of all coins), I cash in 25 coins per month at $ 20 and ROI in five months. And in 20 months I will have $10,000 for a net return of $7500 on my $2500 purchase of the 500 coins. Much more realistic.

A year and a half payments to everybody would cause the ponzi to collapse obviously. They need to have a 20+ year long plan or else they won't have nearly enough money. Guess their millions of dollars of ICO money just went bye bye. Supposedly the company hasn't made a penny lol.

Well, it´s 16.7 years actually given 5000 coins/month and one million coins in the float..

[yuzki]

Thanks for the advice, guys/gals.  I will wait to hear what comes of the CC dispute and report back any updates.  So far, no documentation has been requested.

[ZiG]

To make this attractive Josh should offer to spend a million dollars a month to redeem coins. That´s 50,000 coins per month assuming a million coins floating. Lets say i have 500 coins (1/2000th of floating coins), I cash in 25 coins per month at $ 20 and ROI in five months. And in 20 months I will have $10,000 for a net return of $7500 on my $2500 purchase of the 500 coins. Much more realistic.

Who the hell knows how long this co. is going to be around ? Obviously the redeeming period needs to be as short as possible as well as time of total return of investment.

Could be ...IF and this is a BIG IF, GAW  has the money ...1 million per month to cover the buyback BS...

I seriously suspect that Homero is able to do that ...

ZiG

[bananafana]

To make this attractive Josh should offer to spend a million dollars a month to redeem coins. That´s 50,000 coins per month assuming a million coins floating. Lets say i have 500 coins (1/2000th of all coins), I cash in 25 coins per month at $ 20 and ROI in five months. And in 20 months I will have $10,000 for a net return of $7500 on my $2500 purchase of the 500 coins. Much more realistic.

It's attractive enough to the HT crowd that they're rushing out to buy more!

This is the smartest thing they've done during the entire debacle. The way things were heading they probably wouldn't have lasted another month. If the merchant solution launches this week and is as lame as what they've admitted they're trying to do (now that they're officially denying ever having uttered the word "partnerships"), this week alone might have been fatal.

As it stands the HT crowd is pacified. Mostly.

They aren't on the hook to spend any money at all for at least two months. The earliest possible payout is April 1, and "unexpected demand" could easily be an excuse to push it back another month while they validate all of the accounts.

If necessary they could throw some accounts loaded with premine coins into the vault and have a lot of the 100k per month flowing right back into GAW pockets.  They can raise enough money to keep the program going for quite a while just by selling premine coins to the eager faithful now, by CC and on exchanges.

It kicks the can down the road a few months, and increases their income in the short term in exchange for a relatively small obligation that stretches out over decades. It's not a smart long-term business plan, but it's a smart plan for keeping the business from going under.

[galdur]

To make this attractive Josh should offer to spend a million dollars a month to redeem coins. That´s 50,000 coins per month assuming a million coins floating. Lets say i have 500 coins (1/2000th of floating coins), I cash in 25 coins per month at $ 20 and ROI in five months. And in 20 months I will have $10,000 for a net return of $7500 on my $2500 purchase of the 500 coins. Much more realistic.

Who the hell knows how long this co. is going to be around ? Obviously the redeeming period needs to be as short as possible as well as time of total return of investment.

Could be ...IF and this is a BIG IF, GAW  has the money ...1 million per month to cover the buyback BS...

I seriously suspect that Homero is able to do that ...

ZiG

$500,000/month means ROI in ten months and all coins redeemed in 40 months.

Of course it´s total bunk. That´s why he spreads it until 2032  

[bmgbmg]

They don't have millions they don't have shit except a few hundred thousand like I've been saying all along.  The whole ponzi is to keep the price up so the current bagholders don't dump and sell the premined coins.  That's why there's always promises, buybacks, hold cashtakers or whatever the fuck they're called, etc.  If anyone gets involved with new money at this point then you're fucked in the head and deserve to loose everything.

[ikeboy]

@Yuzki: You could choose the portion of investment with the most likely avenue of success and thus be under the threshold. If you have a viable case you can likely find a lawyer who will work for a small down payment and the rest on contingent.

Trouble is that even if he/she wins the case it still needs to be collected and that's a whole other story.

Another potential issue is jurisdiction. GAW's TOS may require to resolve all disputes in CT for example (I can't check now since they've hidden their TOS - another classy move).

If they're suing in small claims it has to be done in the defendant's location, I think. See http://www.jud.ct.gov/faq/smallclaims.html

[Phildo]

To make this attractive Josh should offer to spend a million dollars a month to redeem coins. That´s 50,000 coins per month assuming a million coins floating. Lets say i have 500 coins (1/2000th of floating coins), I cash in 25 coins per month at $ 20 and ROI in five months. And in 20 months I will have $10,000 for a net return of $7500 on my $2500 purchase of the 500 coins. Much more realistic.

Who the hell knows how long this co. is going to be around ? Obviously the redeeming period needs to be as short as possible as well as time of total return of investment.

Could be ...IF and this is a BIG IF, GAW  has the money ...1 million per month to cover the buyback BS...

I seriously suspect that Homero is able to do that ...

ZiG

It's obviously bullshit because it doesn't make sense. Now that the $20 price will be "honored" it doesn't make sense for GAW to let the price sit at 5. Every coin they buy at $5 puts $15 back in their pocket. What is the plan to earn that $15 between now and march?

[suchmoon]

What is the plan to earn that $15 between now and march?

Oh this is an easy one: dump 20k coins to get the $100k to pay out in April.