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

[T0urist]

you have to own a prime controller to unlock the source. the source is encrypted with hyperflex chain and needs to decrypted with the thermodynamic decoupler.

I believe in the Hyperflex environment the Prime Controllers will cause Transactional Immutability thus notifying back to the Orion controllers and any node using the Hyperflex blockchain the  updated ledger. This in turn will cause less bloat on the hyperflex blockchain and quicken transactions of the "Lite chain" and allow for an extensible blockchain.  

Did you just swear at me? im lost. That is all above my powers of comprehension. Are you Josh's paycoin developer?

[DARKANGEL6415]

Well i tweeted back to him about releasing something substantial asap, or why wait, what for.

This is my issue with Gawminer, always a wait for good news. But they really need to be more transparent of they are legit, otherwise why need for waiting to show something. Even just financial proof they collected funds for ICO. That is not too much to ask for at this point, now after hashstaker has been sold to many people.

I keep saying on fence with Gaw, but these constant delays in announcements or showing something of financial transparency is not acceptable. Wait a week he say, WHY??

What is the reason for that? Stall for more hashstaker sales? Creating marketing hype? I just think releasing full facts that phase 1 has been sold to real investors and was as good as he said at this point would just create more people buying hashlets as they would know it's totally legit as far as ICO is concerned.

SOOOO, why would you wait for this release?


https://twitter.com/gawceo/status/538247762396327936

The announcements are hype to get the lemmings excited and forget about the previous bogus announcements. They red herrings to make people forget about all the previous promises that never came true. It will be announcement after announcement with nothing real.

Well maybe so, but honestly if it was a scam, he's not gonna be able to walk away. So what would be motive. Everyone knows who he is, he's taken USD $$ and also has a company registered in USA. Not easy to walk away from here in states.

It is a gray area. Because he it calling it crypto coin mining it is quite possible there are no criminal laws covering it. When I was a teenager personal computers did not exist yet. People were committing computer crimes like hacking into banks and stealing money and there was nothing criminally they could do to prosecute. Took them a while for the law to catch up with technology. Could be same issue is at play here. No crimes committed because no laws apply to crypto currency mining. Not sure, but just a thought.

this is so true i remember the people who had stolen alot of money from banks and exchanges and used exploits of collecting everything after the .XX12242  place in cents. Was just little by little but done millions of times for some time they got lots of money and only got slap on hand probation.

[welchy8764]

you have to own a prime controller to unlock the source. the source is encrypted with hyperflex chain and needs to decrypted with the thermodynamic decoupler.

I believe in the Hyperflex environment the Prime Controllers will cause Transactional Immutability thus notifying back to the Orion controllers and any node using the Hyperflex blockchain the  updated ledger. This in turn will cause less bloat on the hyperflex blockchain and quicken transactions of the "Lite chain" and allow for an extensible blockchain.  

Did you just swear at me? im lost. That is all above my powers of comprehension. Are you Josh's paycoin developer?

They have developers?

[T0urist]

Newly released photo of Prime Controller In Action!

Where do you insert the money, credit cards or bitcoins?

@welchy
Ahh you crafty bugger we almost got you. So you're under nda not to reveal you are the dev . i knew it was you based on your extensive wordsmith skills on the flexchain. Whens the nda lifted?

[bitcoinnoisseur]

Whoops. Last photo was unconfirmed. We do have a new photo that has been verified and confirmed. However, the Prime Controller has experienced technical difficulties and is no longer in action.

[welchy8764]

The Many NDA's prevent me from saying anything more!!

 until tomorrow when I release a new product that will"Change the world of crypto forever" AT 1 AM est..-- HASHSTAKER 2.0-- Please, Please believe me it will

[welchy8764]

Whoops. Last photo was unconfirmed. We do have a new photo that has been verified and confirmed. However, the Prime Controller has experienced technical difficulties and is no longer in action.

I believe that was Legendary Prime Hashlet by the looks..

[welchy8764]

https://hashtalk.org/topic/21060/rewards-for-paycoin-business-models


'I have been thinking about having a cash/Paycoin contest for the top Paycoin business model projects.

What do you think?"


Ok.. now lets figure out what we can do with paycoin.. Ideas?

[TheIZS]

Somebody with some math skillz after all and another hole appears in the curtain.

"ZenHashlets - We're paying over 50c/kwh
I only came to this realisation in another thread, but in short, we're paying over 50c/kwh in maintenance fees for Zen (and other Scrypt) hashlets?

The $0.08/mh fee originally matched the electricity cost of running a 54mh War Machine (1800w?) @ 10c/kwh before other hosting fees. Something tells me GAW probably pays far less now (wouldn't be surprised if they have some property in Iceland....) per kwh, but one of the main changes is whatever hardware they're running (or simulate running) would have to be more efficient. Some of the newer, less efficient miners use 1/3 of the power for twice the hashrate.

The going rate now is ~100mh @ 600w (for the less efficient scrypt miners) so 1800w/600w = 3 times less power, 100mh/54mh = 1.85 times the hashrate. Overall a modern scrypt miner is about 5.55 times more efficient than what they were at gen 1 of the zen cloud, but we're still paying the same maintenance fee per mh?

This equates to us paying at least 55c/kwh now?! Given almost all of our income from these hashlets goes to maintenance fees, it seems strange the fees have never changed while GAW receives delivery of new hardware".

[bitcoinnoisseur]

https://hashtalk.org/topic/21060/rewards-for-paycoin-business-models


'I have been thinking about having a cash/Paycoin contest for the top Paycoin business model projects.

What do you think?"


Ok.. now lets figure out what we can do with paycoin.. Ideas?

WOW. He has absolutely no idea what he did, what he is doing nor what to do next and none of them can see that. How on earth can anyone believe he sold, in his words, the business model and not the technology, to all the VC's and bankers? Now he's is asking the same people for ideas on what that business model should be. Holy shit that is scary. They all eat it up too because it's a contest. Wrap anything inside a contest, offer useless legendary anythings and shiny icons under their names and they will line up to blow him. They can't see that he's begging anyone and everyone for help to figure out exactly what the hell is going on and exactly what to do next. It's as if he just thought about needing a business model tonight.

[keshuker]

Heh I just realised that the cashtaker wallet is showing up on the dashboard as scrypt miner

I know it is embarrassing, but I have 4 cashtakers in my account and no hashlets. The dashboard shows I have 4 mhs scrypt mining going on.


Edit: I would of course have sold them already but you can't

[T0urist]

https://hashtalk.org/topic/21060/rewards-for-paycoin-business-models


'I have been thinking about having a cash/Paycoin contest for the top Paycoin business model projects.

What do you think?"


Ok.. now lets figure out what we can do with paycoin.. Ideas?

I got none.. i mean bitcoin i can spend at places because i understand it, but paycoin....... its so above powers of comprehension that i wouldn't know how to use or spend it.

I have always wanted to launch my own monopoly flavour... maybe i can use paycoin to do that? The games a little boring and predictable though

[welchy8764]

Heh I just realised that the cashtaker wallet is showing up on the dashboard as scrypt miner

I know it is embarrassing, but I have 4 cashtakers in my account and no hashlets. The dashboard shows I have 4 mhs scrypt mining going on.


Edit: I would of course have sold them already but you can't

I have 2 and sold everything else. Mine are mining as well. Guess they are so smart they mine until the paycoin gets deposited then they switch to staking.. Nice design.

[keshuker]

I have 2 and sold everything else. Mine are mining as well. Guess they are so smart they mine until the paycoin gets deposited then they switch to staking.. Nice design.

No they don't mine anything, it just shows up as a miner on dashboard

[raskul]

Heh I just realised that the cashtaker wallet is showing up on the dashboard as scrypt miner

I know it is embarrassing, but I have 4 cashtakers in my account and no hashlets. The dashboard shows I have 4 mhs scrypt mining going on.


Edit: I would of course have sold them already but you can't

can't sell them because nobody wants them or can't sell them because the system won't let you?

[keshuker]

Heh I just realised that the cashtaker wallet is showing up on the dashboard as scrypt miner

I know it is embarrassing, but I have 4 cashtakers in my account and no hashlets. The dashboard shows I have 4 mhs scrypt mining going on.


Edit: I would of course have sold them already but you can't

can't sell them because nobody wants them or can't sell them because the system won't let you?

The system won't let me. I saw some posts about being able to give them back for a refund at some point when the Paycoin is launched or something, but for now it is not possible to trade them

[suchmoon]

Heh I just realised that the cashtaker wallet is showing up on the dashboard as scrypt miner

I know it is embarrassing, but I have 4 cashtakers in my account and no hashlets. The dashboard shows I have 4 mhs scrypt mining going on.


Edit: I would of course have sold them already but you can't

can't sell them because nobody wants them or can't sell them because the system won't let you?

The system won't let me. I saw some posts about being able to give them back for a refund at some point when the Paycoin is launched or something, but for now it is not possible to trade them

Yes, both the ability to sell in the Market and to return for a refund have been promised. Soon.

[zerocoder]

Anybody, not happy with their hash stalkers able to return them back and get full refund. End of discussion. If you wanna return it back and not able to get your money back make us aware. But I am sure, the one able to get one, will hold it. Otherwise, why investing your money at first place, right?

[keshuker]

Anybody, not happy with their hash stalkers able to return them back and get full refund. End of discussion. If you wanna return it back and not able to get your money back make us aware. But I am sure, the one able to get one, will hold it. Otherwise, why investing your money at first place, right?

I was not directly complaining about the impossibility to trade them for the moment, but just noticing that they add up to your displayed total scrypt mining power on the Dashboard. So this is evidence that the number on the Dashboard is NOT true.

It is showing some values, but it is not showing the real mining performance for your account.

[siampumpkin]

Here is the latest bit of UN-brilliance from his Gawsomeness. I guess he needs the old suckers to bring in some "New Money". I think he means newer suckers!

@GAW_CEO

Ok, here goes my first idea....

There needs to be a business model/plan set up for paycoin to have a membership drive if you will for "new money"

I don't mean just for mining... May be a commercial/blitz outside of the ole interwebs.. There has been a lot of talk regarding the masses. First, I would assume that many of the people, not all, are younger....

MTV/ ESPN commercials...

Blitz bars, libraries, college campuses, it institutes, aka student unions etc....

Surveys....

Really having people say, what the hell was that??? On tv...

Be able to follow with checks and balances... Know what's working and not..

(Similar to those fantasy football commercials)

Compile a list of all companies that use paypal and hire salespeople to get in touch with those companies....

In a membership drive scenario I would happily talk to people outside of internet all day... Wait, I already do...

That's my first try anyway

@GAW_CEO I hope you like it