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

[T0urist]

http://theactionelite.com/site/wp-content/uploads/2013/03/titanic-sinking.jpg

"Most successful ship voyage in history!" - GAW CEO

"Most successful fork and stall in history!"

Ahh i never understood the thermonuclear function of paycoin until you showed it in action in that video.

[WaffleMaster]

It's to the point where if you're still in you're the dumbest person I know. I know drug addicts smarter than that. Maybe if you accidently locked your money in for 6 months then you're ok, you probably just got tricked, but there was plenty of red flags before that decision. Now this is the "titanic of industry". Josh lies about CNN. He lies about the PH/s on the PayCoin network before it failed. What else did he lie about? I know there are at least 5 more, in the very least, it just is slipping my mind.

[dekay]

Hey 10BTCADAY do you want to try and relaunch paycoin(s) now we know he can't sue as the trademark claim is BS. I bet we can at least have a successful mining round for a whole 24 hours? What do ya say?

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<<UPVOTE>>

Ignore his baseless legal threats its just scare tactics because he really has no war chest nor ground to stand on. The paycoin(s) altcoin lasting longer is more proof his coin is just a joke. Anyone else onboard?

I'm still gonna throw in a vest for our CEO

Cmon 10btcaday step up glorious leader your announment on the coin was just too funny.

anti gaw dumpers united dec 19th everything changes ps my shits locked holdin out for if next option exit

[I_IZ_CEO]

Boy don't we all feel sooooooooooo stupid for ever doubting GAW.
I'm for sure suffering from foot in mouth. Oh wait, that's Garbozo not me.

[dekay]

next zenminers.com will go offline and josh twitter page goes missing

[WaffleMaster]

next zenminers.com will go offline and josh twitter page goes missing

That's considered normal behavior. Except his twitter page going missing.

[93739]

next zenminers.com will go offline and josh twitter page goes missing

Was just thinking that. Remember to archive everything you think is interesting. There's already a huge GAW collection of deleted goodies.

https://archive.today/

[dekay]

dude josh is irritatetateing

[I_IZ_CEO]

next zenminers.com will go offline and josh twitter page goes missing

Was just thinking that. Remember to archive everything you think is interesting. There's already a huge GAW collection of deleted goodies.

https://archive.today/

We saved over 200 pages  
Wish we would of saved more from old forum and TOS'

[dekay]

Didn't see anyone bring this up. I recently looked at zenportals ToS. https://zenminer.com/cloud/terms.html Here's what I found.

4. Certain Risks Associated with HashStakers
4.1 Risk of Regulatory Action. Cryptocurrencies have been the subject of regulatory scrutiny by various regulatory bodies, both in the United States and internationally. HashStakers could by impacted by one or more regulatory inquiries or actions, which could (i) impede or limit the Company’s ability to continue to provide the HashStakers, or (ii) prevent the distribution, sale or use of Paycoin.  

"If we get looked at by SEC, dont get mad if we cant pay you"

4.2 Risk of Theft. Hackers or other groups or organizations may attempt to steal Paycoins staked in Prime Controllers and HashStakers. To account for this risk, the Company has and will continue to implement comprehensive security precautions to safeguard Prime Controllers and HashStakers.

How kind of you! Isn't that why we are paying you to host our hardware in the first place?


4.3 Risk that Paycoin May Never be Completed or Released. Purchaser understands that, while the Company will make reasonable efforts to complete the Paycoin software, it is possible that an official completed version of Paycoin may not be released and there may never be an operational Paycoin, Prime Controller, or HashStaker.

WTF?? Really? Ponzi Complete. Commencing Exit Strategy.


4.4 Paycoins May Have No Value. Paycoin is a new cryptocurrency and its value is determined by supply and demand. At any point after its release, it is possible that the market price of a Paycoin may be zero. Because the value of Paycoin may be zero, the value of a stake, in Paycoins, from a HashStaker may also be zero.
Zero huh? What about 20$ and fiat reserves for the floor?


4.5 No Liquidity. Because HashStakers and Prime Controllers are staking wallets, the Paycoins deposited at a HashStaker address will be locked for a length of time, which may be up to 6 months. During the staking period, Purchaser will not have the ability to withdraw or transfer those Paycoins.


This to me is total crap! How can they be allowed to do this? Why don't they allow early withdrawl with a penalty or something?


4.6 Volatility. During a staking period, the market value of locked Paycoins may fluctuate dramatically. The value of the deposited Paycoins after the staking period may be less than the value of the Paycoins before they were deposited.  

Makes sense... yet this simple fact is not understood by the community @ HT.


4.7 No Guaranteed Return. Because proof-of-stake networks award new coins based on the size of a stake relative to other stakes, the Company cannot guarantee that the Prime Controller, and thus a HashStaker, will receive a portion of new Paycoins released during any staking period. Prime Controllers stake against other nodes. Third parties may control nodes that have much larger stakes than Prime Controllers and therefore receive a higher portion of new Paycoins.

Decided now was the time to remove "always profitable" ? Maybe this is proof they aren't a ponzi  




TLDR; Very sketchy ToS that I dont think many people read but it gives us a glimpse of how GAW is currently being run

This is funny. PayCoins can be worthless. Well, no duh! CashTakers may return nothing to you but we will keep the coins locked up for six months. ROFL.

watching the ht tards panic today when they saw this on ht made me laugh everything josh says seems opposite to his tos

[jp333]

is there a link to the archived tos topic? I missed it.

[dekay]

is there a link to the archived tos topic? I missed it.

it was in paycoin thread ht is down atm josh posted 2 more tweets btw

[WaffleMaster]

This is the worst comedy series I've ever watched. Who hired these bad actors?

[suchmoon]

is there a link to the archived tos topic? I missed it.

it was in paycoin thread ht is down atm josh posted 2 more tweets btw

I think he's getting tangled in his own lies.

https://twitter.com/gawceo/status/543643874204602368

Between all the Paycoin forks, there was about 10% of the bitcoin network mining

1) there wasn't; 2) definitely not something to brag about anyway.

https://twitter.com/gawceo/status/543644517162029056

We are mining for our coins. All pre-mined coins belong to pre-purchased investors and customers

Yeah, right. Except customers are still mining HPs, so how did you know in advance how much to premine and how did it magically came to a round number like 12 million?

BTW I suggest to read those twitter threads, there are some good replies, it's not all praise like it used to be.

[clanbake]

Hahaha looks like this GAW kid is busy blocking people from tweeting back 10% of ALL Bitcoin mining went to paycoin. That's like saying I just opened a corner store and 10% of all Walmart customers just showed up I just cant prove it. And my store is empty. And I don't have a store. And, never mind its all a big lie.

[dekay]

ht is bak up they deleted the tos thread

[jimmothy]

"We are mining for our coins. All pre-mined coins belong to pre-purchased investors and customers"

In other words:

"We have premined 95% of the total coin supply AND we will be mining 90% of the remaining coins during the public POW stage"

[suchmoon]

This is the worst comedy series I've ever watched. Who hired these bad actors?

Come on, this is one of those cringe-inducing shows. It's really good at that

[dekay]

"We are mining for our coins. All pre-mined coins belong to pre-purchased investors and customers"

In other words:

"We have premined 95% of the total coin supply AND we will be mining 90% of the remaining coins during the public POW stage"

tbh if it helps the dump idc

[WaffleMaster]

is there a link to the archived tos topic? I missed it.

it was in paycoin thread ht is down atm josh posted 2 more tweets btw

I think he's getting tangled in his own lies.

https://twitter.com/gawceo/status/543643874204602368

Between all the Paycoin forks, there was about 10% of the bitcoin network mining

1) there wasn't; 2) definitely not something to brag about anyway.

https://twitter.com/gawceo/status/543644517162029056

We are mining for our coins. All pre-mined coins belong to pre-purchased investors and customers

Yeah, right. Except customers are still mining HPs, so how did you know in advance how much to premine and how did it magically came to a round number like 12 million?

BTW I suggest to read those twitter threads, there are some good replies, it's not all praise like it used to be.

"We are mining for our coins. All pre-mined coins belong to pre-purchased investors and customers"

In other words:

"We have premined 95% of the total coin supply AND we will be mining 90% of the remaining coins during the public POW stage"

All sympathy for the people involved in this has been lost by me. They deserve everything that's coming. At one point you realize that for their own good they need to lose everything and get committed to a loony bin?