not.you
Legendary
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Activity: 1726
Merit: 1018
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January 12, 2015, 06:58:04 PM |
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New forum incoming: https://hashtalk.org/topic/28846GAWCEO 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. I am still a couple pages back and trying to get caught up so someone else may have already suggested this but by switching to a new forum they have a good excuse for why suddenly every post they ever made was deleted. Could just be cover for their habit of disappearing history.
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ZiG
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January 12, 2015, 07:00:18 PM |
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Anyway, https://hashtalk.org/topic/28852/i-completely-disagree-with-allens-math-for-buyback-20-taking-15-years/28 we got some more words: We has the option of focusing on just building paybase and helping xpy grown over time. Or, to do that and make sure every person received at least $20 for their coins. We choose the latter of the two.
Why will it take another 2 and a half months until anyone sees payments? Why have you not responded to claims that you're selling coins out of the premine? We have to build the system for the program.
We will clear up the confusion on the coins soon.
Why is there a lock-in period without guarantees as to whether we'll get the money in a short amount of time? There are variables we still do not know.
Who is the "third party"? We are evaluating companies now.
What happened to the promise of not requiring verification for xpy/btc $20 selling? You will not need to verify yourself to trade btc or xpy.
But you will to participate in the program. There are legal requirements on our end.
When the customers will put their XPY in ESCROW ... GAW HAVE to put payout money in ESCROW too ... ZiG
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MinermanNC
Legendary
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Activity: 2198
Merit: 1000
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January 12, 2015, 07:17:48 PM |
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Anyway, https://hashtalk.org/topic/28852/i-completely-disagree-with-allens-math-for-buyback-20-taking-15-years/28 we got some more words: We has the option of focusing on just building paybase and helping xpy grown over time. Or, to do that and make sure every person received at least $20 for their coins. We choose the latter of the two.
Why will it take another 2 and a half months until anyone sees payments? Why have you not responded to claims that you're selling coins out of the premine? We have to build the system for the program.
We will clear up the confusion on the coins soon.
Why is there a lock-in period without guarantees as to whether we'll get the money in a short amount of time? There are variables we still do not know.
Who is the "third party"? We are evaluating companies now.
What happened to the promise of not requiring verification for xpy/btc $20 selling? You will not need to verify yourself to trade btc or xpy.
But you will to participate in the program. There are legal requirements on our end.
So basically nobody not even Josh knows WTF will happen, all they know is what they want to hear,,, and that changes by the hour... what a true definition of a cluster F**k, and like all along no one agrees on any of the math with this coin fiasco. Good luck! you all are sure going to need it. There is no light at the end of this tunnel, only more darkness....
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*BTC: 1DiR25SPo84sThzTATr27EZEQZLt6hv6tG
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sobitcoin
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January 12, 2015, 07:18:07 PM |
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Withdrawn your funds from GAW and from Bitcoin.
The price will fall after GAW will collapse (in the next 2-3 weeks). it will be a federal investigation and other Bitcoin companies will fall.
mark my words: BitPay will be closed until summer.
Woah, does this have something to do with the layoffs... I am curious now.
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coinits
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Activity: 1582
Merit: 1019
011110000110110101110010
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January 12, 2015, 07:20:07 PM |
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The smart guys seem to be trading it but Homero can dump any second. The faithful are about to lose even more. This never ends with cantor Fitzgerald scam.
BitJane please edit, Homero josg21149
Being pumped by Ryan Pumper and his gang of suckers. https://bitcointalk.org/index.php?topic=765426.msg10125793#msg10125793
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Jump you fuckers! | The thing about smart motherfuckers is they sound like crazy motherfuckers to dumb motherfuckers. | My sig space for rent for 0.01 btc per week.
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KC6TTR
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January 12, 2015, 07:32:55 PM |
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Scott what really amazes me is that someone this stupid can get 2 ferraris. i mean smarter people work their life to get that. im perplexed that a complete deadshit can get ahead like this even if for a short time. how did this ever happen? surely previous angel investors etc realused this guy was a retard right? how did he get his start?
Well, in a free market society, we have individuals who are simply "rich" (those who obtain enough money to afford a certain lifestyle above the majority) and those who are "wealthy" (those who obtain a standing above simply being rich, which is often the result of smart financial decisions and quantifiable hard work over a period of time). In this case, Garza may be getting rich in the short term, but that does not speak to his IQ level, legitimate business ability (or the lack thereof), his ethics, morals, or long term operational forecast. I do not believe he will ever be wealthy and his poor money management that has been demonstrated within the public domain speaks volumes to how he appears to care more about his grandstanding regarding what he has rather than what he is attempting to build for the long term. I would much rather put off buying a super car or two, or three, or four, to insure my business is legal, complaint, and most importantly, sustainable. In the long term, a sustainable business that is also legitimately successful will reward the stakeholders multiple times over and far exceed the temporary satisfaction a few cars would give once the warm-fuzzies wear off, which they always do. For me, it is about building a legacy that my family will still be proud of long after I am gone... in simple terms, a future. Scott-
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galdur
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January 12, 2015, 07:33:29 PM |
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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?
"Every coin they buy at $5 puts $15 back in their pocket." Who buys? Whose pocket? If you buy that coin from GAW at $5, then GAW gets $5 in cash from you right now, in exchange for agreeing to pay you ten cents per month for 17 years (assuming a million coins go into the vault). Exactly.
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galdur
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January 12, 2015, 07:44:39 PM |
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This dumb shit comes from Josh´s courtiers there at Hashtalk no doubt.
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Paul Revere
Sr. Member
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Activity: 406
Merit: 260
The Scamcoats are coming!
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January 12, 2015, 07:47:20 PM |
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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?
"Every coin they buy at $5 puts $15 back in their pocket." Who buys? Whose pocket? If you buy that coin from GAW at $5, then GAW gets $5 in cash from you right now, in exchange for agreeing to pay you ten cents per month for 17 years (assuming a million coins go into the vault). Exactly. Something that seems to be overlooked is that fact that once a fixed payout is established, it does not matter how many coins flood the market, meaning that Josh & Co are hitting the gas pedal in terms of cashing out as much of their pile of free shitcoin as possible. To GAW it does not matter if the price is $1 or $5. All that matters to them is how much cash they can take out of people's pockets and put in theirs, and the XPY they have cost them $0, so dumping at any price is a win for them. Also being overlooked is the difference between GAW insiders personal holdings and GAW's holdings. The name of the game is to take people's cash and filter it through GAW and put it in their PRIVATE wallets. When the Ponzi finally collapses they then say "Awe shucks. We are sorry. We tried so very hard to make this work but the dumpers bankrupted us" At that point they discard the bankrupt company and laugh while sitting on their fat personal wallets.
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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 12, 2015, 07:51:55 PM |
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Since the term and ROI is so long is makes absolutely no sense at all to bid up the coin. The more expensive the less return for you the buyer. Of course it works the other way around for Josh.
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bananafana
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January 12, 2015, 07:57:07 PM |
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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?
"Every coin they buy at $5 puts $15 back in their pocket." Who buys? Whose pocket? If you buy that coin from GAW at $5, then GAW gets $5 in cash from you right now, in exchange for agreeing to pay you ten cents per month for 17 years (assuming a million coins go into the vault). Exactly. Its so simple that is why it is missed.. all that amazon wallmart lot when they throw the final switch you will be able to go to amazon/wallmart and they will give you 20 worth of gear and you give them 1 paycoin hey presto every paycoin is worth 20 .l I assume you're joking. They're no longer promising anything like that. And just to put the buyback thing in terms the HT crowd would understand, if your average price per coin is $5, and a million coins go into the vault, your ROI is about four years. That's just to get your $5 per coin back.
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galdur
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January 12, 2015, 07:58:43 PM |
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There´s a more or less fixed float. 5000 coins will be redeemed per month. Therefore you want the highest number possible of coins for the lowest price to get the highest possible share of payout of those 5000 coins. Ergo, whatever you do - do not bid up this coin.
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Paul Revere
Sr. Member
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Activity: 406
Merit: 260
The Scamcoats are coming!
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January 12, 2015, 08:00:11 PM |
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Since the term and ROI is so long is makes absolutely no sense at all to bid up the coin. The more expensive the less return for you the buyer. Of course it works the other way around for Josh.
No. The payout has been fixed and it does not matter whether the odds of receiving any of the payout are 1: 1,000 or 100,000 or 1,000,000 to GAW. The ONLY way it would any difference is the affect it has on the coins that the GAW insiders running this scam will get paid by GAW, but that is peanuts compared to being able to keep on dumping free XPY in exchange for cold hard BTC.
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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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ikeboy
Newbie
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Activity: 56
Merit: 0
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January 12, 2015, 08:13:50 PM |
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sorryforthat
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January 12, 2015, 08:22:08 PM |
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Not good enough I suppose
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galdur
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January 12, 2015, 08:26:08 PM |
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Not good enough I suppose Come on man.. It should at least be $1 million buy back each month, and that is still on the low side if you ask me. Of course. This would mean ROI in five months and gravy for the next fifteen months. Or as long as GAW is around if that turns out to be shorter.
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bananafana
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January 12, 2015, 08:30:04 PM |
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Not waking up very fast if he thinks "your CAF is big enough to go $1 million or a few million a month."
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ikeboy
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Activity: 56
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January 12, 2015, 08:34:51 PM |
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Not waking up very fast if he thinks "your CAF is big enough to go $1 million or a few million a month." Well it might not be a good idea to question the existence of the caf on hashtalk. You have to reword posts so they get past the filter.
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bmgbmg
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January 12, 2015, 08:44:49 PM |
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HAHAHHAHAHAHAHAHAHAH
Escrow, unreal, the ponzi keeps going.
Let me get this straight in my head. They want to sell you the coins at the current rate and they're so certain they will be worth 4X more in the future, they will buy them from you years down the road if you put them in escrow.
But, they already have 12M premined coins for free that would be worth that much, there's no need to buy anything!
HAHAHAHHA
What a fucking joke!
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Phildo
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Activity: 1526
Merit: 1000
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January 12, 2015, 08:45:17 PM |
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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?
Every coin who buys at $5 puts $15 back into whose pocket? If you buy that coin from GAW at $5, then GAW gets i$5 in cash from you right now, in exchange for agreeing to pay you ten cents per month for 17 years (assuming a million coins go into the vault). If GAW buys a coin from you at 5 dollars, they have 15 dollars that they budgeted to exchange for that coin to do whatever the fuck they feel like. That's why this $20 dollars later is obvious bullshit when the price is so far below 20. That doesn't make any sense. They have all the XPY they need from the premine. More than they could ever sell. If they buy a coin from you at XPY they have more XPY and less cash. If you sell them an XPY on paybase you sell it below the market rate so they can turn around and dump it on the exchange. They aren't budgeting $15 for "that coin" or any coin. According to their plan they are budgeting 20 per coin, I'm pointing out why it's bullshit. It's obvious to people with a brain that this "honor plan" is just kicking the can down the road for 2 more months before they "need" to pay anything. I can't believe people are still willing to put money into this shitshow.
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