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Author Topic: GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :)  (Read 3313095 times)
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January 29, 2015, 02:58:07 PM
 #18981

This is interesting to me. Now is the third time I have seen it be mentioned.

Quote
If the honor program coins are bonded (guaranteed) the price will skyrocket

https://hashtalk.org/topic/30500/price-jump/14


Earlier on someone else dropped that seed, and then another shortly thereafter and again today (might be more that I missed).

This is in relation to Homero's equally vague dropping in the Q&A

https://hashtalk.org/topic/30401/honors-program-q-a

Quote
◦We are looking in to bonding options

Technically the terminology is correct i.e. bonded as insured.

But the reality is more in line with Bond Options:

http://en.wikipedia.org/wiki/Bond_option

Which eightcylinders explored various financial schemes here:

https://bitcointalk.org/index.php?topic=857670.msg10279374#msg10279374

So no one addresses what does Homero exactly mean, while others plant seeds it means no matter what your 20 dollar payback is insured and guaranteed.

The other thing is Homero's simple claim that they cannot tell yet what the payout will be and for how long until they know how many coins have come in. The thing is there is that from Feb 1 for 30 days onwards, he states you can continue to deposit the coins. That means only after the 30 day thinking period. Or is it 30 day thinking period + 30 day deposit period end?  Point being they will only tabulate the total coins on the last day of the deposit period, and then tell you what and when it will pay out.

So this idea of first come first serve can't make sense. It is not like the first guy in on the 3rd of February starts generating whatever is supposed to happen since the calculation can only be done once deposits are closed. So he claims.

Can he not provided those poor bastards worst case best case scenario? If all available coins are escrowed it will take this long and this amount will be paid out, if only half are escrowed this long that amount?  No one knows anything until it is too late and they are locked on. So why the charade of 30 thinking period, + 30 day deposit period if the numbers can only be revealed on day 61?

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January 29, 2015, 03:15:38 PM
 #18982

Over 10 wallets on bittrex with over 1000 coins https://beta.bittrex.com/Market/Index?MarketName=BTC-XPY

I think once the ship sinks it will sink fast.
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January 29, 2015, 03:24:13 PM
 #18983

This post (then locking of the thread) disgusts me. - https://hashtalk.org/topic/30495/need-everyones-attention/176

How ignorant can one be to claim "fud" at this point.
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January 29, 2015, 03:25:57 PM
 #18984

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January 29, 2015, 03:29:27 PM
 #18985

This post (then locking of the thread) disgusts me. - https://hashtalk.org/topic/30495/need-everyones-attention/176

How ignorant can one be to claim "fud" at this point.

This was posted in response. UK_Hash has done some good analysis in the past.
https://hashtalk.org/topic/30504/

EDIT: There's some good stuff in that thread. People getting dangerously close to truth.



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January 29, 2015, 03:40:36 PM
 #18986

This post (then locking of the thread) disgusts me. - https://hashtalk.org/topic/30495/need-everyones-attention/176

How ignorant can one be to claim "fud" at this point.

This was posted in response. UK_Hash has done some good analysis in the past.
https://hashtalk.org/topic/30504/

EDIT: There's some good stuff in that thread. People getting dangerously close to truth.




Awesome, lets see how long that thread lasts.
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January 29, 2015, 03:52:49 PM
 #18987

Ya know what, stop me if I'm getting out of hand, but here's my scoop after think big pictures. Homero said payouts were partially coming from day trading. Zencloud used to offer a program where if you would just KEEP money in there, you would be paid a % of that in HashPoints. That makes sense now that you think about it right? I used to trade stocks, and the more money you have, even if the market is going against your position, you get more bulletproof as you have more money to take your average price down. This is where things get interesting.  Bitcoin goes tits up. Homero, who has been trading Bitcoin to enable payouts, gets absolutely hosed. He has to cancel Hashlet payouts. His mining farm from Bitmain he was buying or renting is absolute garbage now. He liquidates the mining farm. He said on twitter he was selling his "farms" right when the Bitmain Christmas deal went up for 1.9 ph/s and then he deleted his twitter post about it. A company needs money. Selling the farm gave him some breathing room to come up with another plan to save this "business". Insert Paycoin2 scam here. Instead of getting no returns mining 1 satoshi for 24 hours, you can mine this "store credit HashPoints". The only thing HashPoints could be used for is Paycoin2 (code name Hash Coin). Gaw buys some more time, meanwhile probably making back some money he lost in the market by being an idiot. The HashStakers are a great sell to noobs and idiots who think they can buy them and then resell them for more like they did with Hashlets early on. They cost nothing. Uh oh, some looming lawsuits are coming from all the fraud I've been committing lately hyping this paycoin2 shit. Need to liquidate more money to pay for expensive good lawyers who tell me to scrub all the evidence of my stupid mouth off the internet. Meanwhile, GAW has employees that need to be paid. Eric and Joe knew that this was coming down fast and they all knew of the investigation coming. They jump ship. Too bad the captain can't. I'm sure I missed something but that is a pretty good speculation.
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January 29, 2015, 03:55:45 PM
 #18988

I do agree that the recent BTC price plummet has caused GAW more trouble than they had expected.
I believe it fundamentally undermined their ability to payout and it possibly still does.

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January 29, 2015, 04:00:25 PM
 #18989

How many starting lines have we been through so far?

JUST WAIT TILL PAYBASE OPENS !!!!

no hang on


JUST WAIT TILL WE CAN BUY THINGS !!!!

no hang on'

JUST WAIT TILL THE DEBIT CARDS COME OUT !!!

no hang on

JUST WAIT TILL THE BOY OH BOY NICE THINGS ARE REVEALED !!!!

no hang on

JUST WAIT TILL FOR FEBRUARY 1ST !!!!

no hang on


........


 YEAH !    PayCoin (XPY) $ 1.95 (-12.96 %)
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January 29, 2015, 04:04:05 PM
 #18990

How many starting lines have we been through so far?

JUST WAIT TILL PAYBASE OPENS !!!!

no hang on


JUST WAIT TILL WE CAN BUY THINGS !!!!

no hang on'

JUST WAIT TILL THE DEBIT CARDS COME OUT !!!

no hang on

JUST WAIT TILL THE BOY OH BOY NICE THINGS ARE REVEALED !!!!

no hang on

JUST WAIT TILL FOR FEBRUARY 1ST !!!!

no hang on


........


 YEAH !    PayCoin (XPY) $ 1.95 (-12.96 %)
This was put very nicely Grin
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January 29, 2015, 04:08:03 PM
 #18991

I do agree that the recent BTC price plummet has caused GAW more trouble than they had expected.
I believe it fundamentally undermined their ability to payout and it possibly still does.

Garza had a warehouse full of these power hungry Zeus miners, I think he was mainly mining scrypt (LTC) and dumped that for BTC to pay his Hashlet customers.
LTC went down even faster than BTC and his Zeus miners became obsolete within a few months.
He must have been desperate, that is why he came up with the brilliant plan to let his victims mine hashpoints.    
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January 29, 2015, 04:19:14 PM
 #18992

Again ...
......“Senior year I really struggled with ADD, going to the specially tailored classes but couldn't pay attention. So I struggled a lot grade-wise,” said  Garza. “So I said, ‘Hey, I should go start a business.' "....

His own words are all you need to really understand the guy.
This isn't poking fun at ADD at all, but it DOES highlight that he has issues sticking to one plan. That should be, of all the red flags, the largest and most scary. Now, in the context of all his other statements about something new all the time, the old has passed and we don't look back... all indicative of the truth his OWN statements.

This is the bottom line with all of this. NOTHING needs to be manufactured to pin him into a corner, nothing needs to be fabricated to enhance the daftness of his ideas. He has created, carved, managed, developed and built the state he is in all by himself. No assistance was required.

You do not need Hubble quality specs to see that this has got flaws all the way through it like a stick of Blackpool rock.

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January 29, 2015, 04:28:53 PM
 #18993


Good lawyers wouldn't tell him to try to scrub the evidence off the internet.

Based on what I have seen, he either does not now have (nor ever had) "good lawyers", or he does not now (nor ever did) take their advice.

It all makes him sound more like a bumbling narcissist who bounces from one half-assed idea to another...

No matter the lawyer situation this is probably still the truth.
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January 29, 2015, 04:30:18 PM
 #18994

SERIOUSLY BAD NEWS  Sad

Garbozo's house is up for sale !

Getting ready to flee? Or to be spun around needs the money to pay everyone back thus showing his commitment?


Quote
Homero J Garza
Age: 30-34
Phone number
 413-xxx-xxxx
Address
14 High Meadow Cir
East Longmeadow, MA
01028-3171


http://www.newenglandmoves.com/property/details/1086872/MLS-71756401/14-High-Meadow-Cir-East-Longmeadow-MA-01028.aspx

Quote
Property Detail
14 High Meadow Cir
East Longmeadow, MA
01028

Magnificient 1990 custom Williamsburg brick colonial. Exquisite architectural details throughout! Spectacular theater and various entertainment areas are but a few of the many features
Price:$969,000



It is already for sale since 13 October, he obviously planned to move to a bigger house more in line with his standing. LOL

I'll make Josh deal to make PayCoin 100% legit:  I will buy his house with PayCoin (valued at $20 each).

This way, everyone knows that he and GAW serious about the coin.

This would be the best way to make GAW GAWsome!  Grin  
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January 29, 2015, 04:50:34 PM
 #18995

Ya know what, stop me if I'm getting out of hand, but here's my scoop after think big pictures. Homero said payouts were partially coming from day trading. Zencloud used to offer a program where if you would just KEEP money in there, you would be paid a % of that in HashPoints. That makes sense now that you think about it right? I used to trade stocks, and the more money you have, even if the market is going against your position, you get more bulletproof as you have more money to take your average price down. This is where things get interesting.  Bitcoin goes tits up. Homero, who has been trading Bitcoin to enable payouts, gets absolutely hosed. He has to cancel Hashlet payouts. His mining farm from Bitmain he was buying or renting is absolute garbage now. He liquidates the mining farm. He said on twitter he was selling his "farms" right when the Bitmain Christmas deal went up for 1.9 ph/s and then he deleted his twitter post about it. A company needs money. Selling the farm gave him some breathing room to come up with another plan to save this "business". Insert Paycoin2 scam here. Instead of getting no returns mining 1 satoshi for 24 hours, you can mine this "store credit HashPoints". The only thing HashPoints could be used for is Paycoin2 (code name Hash Coin). Gaw buys some more time, meanwhile probably making back some money he lost in the market by being an idiot. The HashStakers are a great sell to noobs and idiots who think they can buy them and then resell them for more like they did with Hashlets early on. They cost nothing. Uh oh, some looming lawsuits are coming from all the fraud I've been committing lately hyping this paycoin2 shit. Need to liquidate more money to pay for expensive good lawyers who tell me to scrub all the evidence of my stupid mouth off the internet. Meanwhile, GAW has employees that need to be paid. Eric and Joe knew that this was coming down fast and they all knew of the investigation coming. They jump ship. Too bad the captain can't. I'm sure I missed something but that is a pretty good speculation.

All of that is accurate, except for about 95% of it... Shame though, because you were really onto something.

I will say the following, to address your statement at the end. One thing I am comfortably saying publicly, is that nobody in the company had all the pieces to the puzzle except the one who envisioned it all. It's as if that was the intention all along, only share the bare minimum with whom and of what was needed to build it. Even those of us in the "upper echelon" were totally in the dark on many of the "finer details". I am prepared to show any authority who asks, it was immediately upon learning those finer details that moved my hand on resigning. The only regret I carry is how long it took me to see the big picture.

My leaving had nothing to do with rumors of pending investigations as I had already resigned before that was even a topic. I am not a fool, if there is an investigation underway, my leaving doesn't waive my past involvement. I also know that I can confidently answer to anyone who asks that I always stood by what I felt was right.

Hope you guys are having an awesome week.
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January 29, 2015, 05:10:07 PM
 #18996

Ya know what, stop me if I'm getting out of hand, but here's my scoop after think big pictures. Homero said payouts were partially coming from day trading. Zencloud used to offer a program where if you would just KEEP money in there, you would be paid a % of that in HashPoints. That makes sense now that you think about it right? I used to trade stocks, and the more money you have, even if the market is going against your position, you get more bulletproof as you have more money to take your average price down. This is where things get interesting.  Bitcoin goes tits up. Homero, who has been trading Bitcoin to enable payouts, gets absolutely hosed. He has to cancel Hashlet payouts. His mining farm from Bitmain he was buying or renting is absolute garbage now. He liquidates the mining farm. He said on twitter he was selling his "farms" right when the Bitmain Christmas deal went up for 1.9 ph/s and then he deleted his twitter post about it. A company needs money. Selling the farm gave him some breathing room to come up with another plan to save this "business". Insert Paycoin2 scam here. Instead of getting no returns mining 1 satoshi for 24 hours, you can mine this "store credit HashPoints". The only thing HashPoints could be used for is Paycoin2 (code name Hash Coin). Gaw buys some more time, meanwhile probably making back some money he lost in the market by being an idiot. The HashStakers are a great sell to noobs and idiots who think they can buy them and then resell them for more like they did with Hashlets early on. They cost nothing. Uh oh, some looming lawsuits are coming from all the fraud I've been committing lately hyping this paycoin2 shit. Need to liquidate more money to pay for expensive good lawyers who tell me to scrub all the evidence of my stupid mouth off the internet. Meanwhile, GAW has employees that need to be paid. Eric and Joe knew that this was coming down fast and they all knew of the investigation coming. They jump ship. Too bad the captain can't. I'm sure I missed something but that is a pretty good speculation.

All of that is accurate, except for about 95% of it... Shame though, because you were really onto something.

I will say the following, to address your statement at the end. One thing I am comfortably saying publicly, is that nobody in the company had all the pieces to the puzzle except the one who envisioned it all. It's as if that was the intention all along, only share the bare minimum with whom and of what was needed to build it. Even those of us in the "upper echelon" were totally in the dark on many of the "finer details". I am prepared to show any authority who asks, it was immediately upon learning those finer details that moved my hand on resigning. The only regret I carry is how long it took me to see the big picture.

My leaving had nothing to do with rumors of pending investigations as I had already resigned before that was even a topic. I am not a fool, if there is an investigation underway, my leaving doesn't waive my past involvement. I also know that I can confidently answer to anyone who asks that I always stood by what I felt was right.

Hope you guys are having an awesome week.

At last a detail or two! Thanks Eric.

It's clear from your outline that Smoke and Mirrors are a core part of the way the man does business.
Now, a good question would be, is that by design or mere stupidity?

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January 29, 2015, 05:10:53 PM
 #18997

This may be slightly off topic, but I have been reading this thread for probably the last 280 pages.   I am amazed that nobody has used a gay slur against Josh Garza considering the fact that his name is Homero.

That is pretty impressive.
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January 29, 2015, 05:11:12 PM
 #18998

snip

All of that is accurate, except for about 95% of it... Shame though, because you were really onto something.
So you're saying there's a chance.
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January 29, 2015, 05:12:26 PM
 #18999

Pretty clear to me he has no money. Nor long term plans for this. The day he launches his scam he lists his house?

If he has no money why not sell the cars first? They are worth as much as the house. I'd move too if the pictures of my house were added to some hate mail. His new house will be most likely registered to another family member for safety registered to an asset protection trust in Bermuda and located on a remote island nation with no extradition treaty to the United States.

Edited by Gawd

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January 29, 2015, 05:14:02 PM
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Ya know what, stop me if I'm getting out of hand, but here's my scoop after think big pictures. Homero said payouts were partially coming from day trading. Zencloud used to offer a program where if you would just KEEP money in there, you would be paid a % of that in HashPoints. That makes sense now that you think about it right? I used to trade stocks, and the more money you have, even if the market is going against your position, you get more bulletproof as you have more money to take your average price down. This is where things get interesting.  Bitcoin goes tits up. Homero, who has been trading Bitcoin to enable payouts, gets absolutely hosed. He has to cancel Hashlet payouts. His mining farm from Bitmain he was buying or renting is absolute garbage now. He liquidates the mining farm. He said on twitter he was selling his "farms" right when the Bitmain Christmas deal went up for 1.9 ph/s and then he deleted his twitter post about it. A company needs money. Selling the farm gave him some breathing room to come up with another plan to save this "business". Insert Paycoin2 scam here. Instead of getting no returns mining 1 satoshi for 24 hours, you can mine this "store credit HashPoints". The only thing HashPoints could be used for is Paycoin2 (code name Hash Coin). Gaw buys some more time, meanwhile probably making back some money he lost in the market by being an idiot. The HashStakers are a great sell to noobs and idiots who think they can buy them and then resell them for more like they did with Hashlets early on. They cost nothing. Uh oh, some looming lawsuits are coming from all the fraud I've been committing lately hyping this paycoin2 shit. Need to liquidate more money to pay for expensive good lawyers who tell me to scrub all the evidence of my stupid mouth off the internet. Meanwhile, GAW has employees that need to be paid. Eric and Joe knew that this was coming down fast and they all knew of the investigation coming. They jump ship. Too bad the captain can't. I'm sure I missed something but that is a pretty good speculation.

All of that is accurate, except for about 95% of it... Shame though, because you were really onto something.

I will say the following, to address your statement at the end. One thing I am comfortably saying publicly, is that nobody in the company had all the pieces to the puzzle except the one who envisioned it all. It's as if that was the intention all along, only share the bare minimum with whom and of what was needed to build it. Even those of us in the "upper echelon" were totally in the dark on many of the "finer details". I am prepared to show any authority who asks, it was immediately upon learning those finer details that moved my hand on resigning. The only regret I carry is how long it took me to see the big picture.

My leaving had nothing to do with rumors of pending investigations as I had already resigned before that was even a topic. I am not a fool, if there is an investigation underway, my leaving doesn't waive my past involvement. I also know that I can confidently answer to anyone who asks that I always stood by what I felt was right.

Hope you guys are having an awesome week.

Good to read that. No doubt having the courage to resign gives you credibility.
Would you think that that who envsioned it all was in way over his head or had ill intent?
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