I know people from Hashtalk read this thread & I just wanted to post this. I had purchased physical miners from GAW over the summer & later had a couple of Hashlets, which I sold shortly after. I have been following this whole thing from the start, when the Hashlets that will always be profitable started paying people a fraction of a cent. I have no money tied up in GAW now, but I have witnessed this whole thing unfold like the rest of you. I don't care about XPY either way & have tried to be as objective as humanly possible. I am no seasoned investor, but if there was money to be made from GAW, XPY or mining, I would be in.
First, even if we were to ignore a lot of the events pre-XPY launch. The non existent miners, the secrecy of GAW, Josh's previous failed ventures from before GAW Miners, etc.. The $20 floor, regardless of the excuses, blame & backpeddling by Josh was a huge clusterfuck. Let's assume he had the best of intentions, to later say he was unaware of the legality of manipulating the market, that people misunderstood his postings & it's the fault of dumpers & a coordinated effort by XPY haters. Have any of you asked yourselves, which excuse is the correct one? How do you have any faith whatsoever after such a huge display of incompetence by a company? Seriously, try to take a look at the $20 floor fiasco from the perspective of someone not invested with GAW, step outside your biased GAW box for a moment & be honest with yourselves. The whole $20 floor thing is just ridiculous & that alone should be enough for you to get out of XPY & run from this company. But you stay & cheer this guy on?
Then, after the $20 floor fell through & people started asking questions, Josh challenges another respected industry insider to a public debate, only to turn around & say 'let's have an email debate'? Then he goes to BTC Miami with a promise to hold a Q&A, then abruptly cancels. Sure he had an excuse for cancelling, like always, then why not an online Q&A a few days later? You surely can't be buying the excuse that he is too busy developing features, but has the time to visit Tesla, post on his forums & do seminars for his church, can you? Why are none of you XPY holders saying WTF & DEMANDING he do this debate or an open Q&A? After all, since you all cheer Josh along every step of the way & have such faith in Josh's vision & this coin, Josh would surely come out of any debate victorious, right? An Honest Q&A would surely sooth investors, no? If Josh's promises of features with no ETA is enough to pump this coin up by 25-50 cents, a debate where he came out victorious would surely pump this coin a lot more, no? Why are you not on Josh to have this debate? How could you all be cheering this guy on? I don't get it. Not to mention that Josh was a no show for the mining panel. What an unprofessional thing to do at a conference he himself was a sponsor for.
To you Hashtalk members lurking here. How in the hell do any of you who hold XPY manage to still believe in this coin, let alone defend Josh or GAW as a company? How do you manage to still have hope that this coin will turn around? How do you put any stock in any statements from Josh whatsoever? What I, as well as all of you, have witnessed just blows my mind. His forum posts are sad & pathetic. The promises of features that never materialize, saying they have contracts when they do not & playing semantics with their words is just over the top. I had to agree to the TOS when signing up for BCT, but for me to go around telling people I have an agreement with BCT would just be stupid. Well that is what Josh did with Gyft & others. I suppose you can blame coinfire or other bad press, but the shit has been hitting the fan with XPY long before those articles. Josh's latest statements where he acts like GAW is a huge company that has no obligation to respond, like he & the company are taking the high road is just nonsense. Can you not see this?
When I hear GAW & Josh will not prove they have investors or holdings & they don't feel they should dignify their detractors with a response, I think of the recent McDonalds video. Now McDonalds is a huge company, with tons of money. They have a product that everone knows is unhealthy for you, yet they still have tons of people buy their food daily & are hugely successful. Recently, when McDonalds took a beating in the press about their manufacturing process & how they source ingredients, how did they respond? They could have said we are too big to respond, big companies don't need to respond to stuff like this. But instead McDonalds turned around & put out a video showing exactly how they manufactured their food. How is it that McDonalds can respond to slanderous articles without merit, yet GAW can not? That's right GAW is too big of a company & according to Josh, that is not how big companies operate. Tell that to McDonalds.
Now, I am reading posts at HT where Josh can joke about Coinfire's misfortunes, ask members for legal help, despite having hired a great law firm days ago, but can't post & answer peoples questions in the Paybase buyback thread? These are the people who still have faith & invested in his vision. But he can't monitor the buyback thread & answer simple questions? Seriously? The buyback is what the GAW faithful really care about, but Josh is silent. Are you people really going to send him your XPY? Do you really believe you will get your money back? I AM JUST ASTOUNDED! WHAT THE FUCK IS WRONG WITH YOU PEOPLE?
Excellent post!I'm also following this whole thing since the days of hardware miners and I've come to think of it as a huge sociological experiment.
It is an experiment on how much stupidity and failure can customers accept and still keep their "faith" and still keep buying.
There is not a single moment in GAW's history that isn't full of bullshit, total incompetence, moronic statements, elementary technical failures and downright fraud.
Yet, we are now into 2015 and people still wait for the ... $20 buyback...
Like mcni77 said, WHAT THE FUCK IS WRONG WITH YOU PEOPLE?
