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Author Topic: GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :)  (Read 3377781 times)
keshuker
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December 14, 2014, 01:33:48 PM
 #5661

Wow this might be hard to top, even for Paycoin https://i.imgur.com/YikHXRj.png
dekay
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December 14, 2014, 01:34:06 PM
 #5662

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  Roll Eyes




TLDR; Very sketchy ToS that I dont think many people read but it gives us a glimpse of how GAW is currently being run
there is 0 buy wall gaw is selling all there miners atm and sqeezeing what lil they can from whats left  ^ look
WaffleMaster
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December 14, 2014, 01:35:54 PM
 #5663

I fucking salute this man https://hashtalk.org/topic/23363/standing-down
gefafwisp
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December 14, 2014, 01:39:48 PM
 #5664


hero worshipper! Wink
dekay
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December 14, 2014, 01:43:29 PM
 #5665

give this man a cookie ps he was the one to ban me from ht but i forgive him hes standing up to gaw and if he didnt ban me i wouldnt be here
WaffleMaster
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December 14, 2014, 01:44:41 PM
 #5666

Please stop trolling. It isn't productive or positive. Respecting that man and what he's said is not worship. It will help a lot of people. We're all trying to do that, some are more abrasive and emotionally involved than others.
keshuker
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December 14, 2014, 01:51:53 PM
 #5667

Regarding the community buy wall, worst case calculation:

Every miner will dump the mined coins, the "community" will buy the coins at $20 each.

500k coins during PoW, They need 10 million $ to keep it up.

Maybe this will shed some light on the $20 value to the believers
gefafwisp
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December 14, 2014, 01:53:44 PM
 #5668

Please stop trolling. It isn't productive or positive. Respecting that man and what he's said is not worship. It will help a lot of people. We're all trying to do that, some are more abrasive and emotionally involved than others.

hero worshipper! Wink
I know, I'm sorry. It's hard to be productive or positive in here. I'll try harder.
dekay
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December 14, 2014, 01:53:58 PM
 #5669

Please stop trolling. It isn't productive or positive. Respecting that man and what he's said is not worship. It will help a lot of people. We're all trying to do that, some are more abrasive and emotionally involved than others.

can someone ask on ht for prove to end the fires theres a buy wall ? in a polite manner and hint when the op comes under fire  thats prove there is none
raskul
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December 14, 2014, 01:55:45 PM
 #5670

https://www.youtube.com/watch?v=UJOjTNuuEVw

* raskul loves this!

 0.11153781 BTC <----- 3 hours rented out on nicehash  Cheesy Cheesy Cheesy Cheesy

Quote
0.0989 BTC/TH/Day  687%

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
wdl1908
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December 14, 2014, 01:56:35 PM
 #5671

Please stop trolling. It isn't productive or positive. Respecting that man and what he's said is not worship. It will help a lot of people. We're all trying to do that, some are more abrasive and emotionally involved than others.

can someone ask on ht for prove to end the fires theres a buy wall ? in a polite manner and hint when the op comes under fire  thats prove there is none

Please read https://hashtalk.org/topic/23022/exchanges-price-of-xpy
raskul
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December 14, 2014, 01:57:43 PM
 #5672

Please stop trolling. It isn't productive or positive. Respecting that man and what he's said is not worship. It will help a lot of people. We're all trying to do that, some are more abrasive and emotionally involved than others.

can someone ask on ht for prove to end the fires theres a buy wall ? in a polite manner and hint when the op comes under fire  thats prove there is none

Please read https://hashtalk.org/topic/23022/exchanges-price-of-xpy

Quote
MAJOR EXCHANGES

i'll buy it when I see it on XE.COM

 Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
bitpop
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December 14, 2014, 01:59:10 PM
 #5673

Another Mod resignation.... well said too I think:

https://hashtalk.org/topic/23363/standing-down

Quote


All,

When I stood to be a moderator, I thought I could be part of something amazing, something big and help change things, and I was really proud that my peers thought I was able to do it and that they voted me in. This is something I now feel I cannot do and will be stepping down as a moderator with immediate effect.

I know that my decision will likely lead to me being banned here which is unfortunate, and I can settle that in my Aspergers, I know I cannot continue to lead, moderate or support a community where I cannot fully and truly share in its beliefs, as it would seem that the main belief of this community has become Extreme Greed, coupled with Distrust. This is not the Crypto communities that I know, where openness and honesty are normally the standards that people are held to.

I have also come to see this community displaying some tendencies towards hero-worship and narcissism in some people and this is something that concerns me greatly, so I am stepping down.

For those of you who want to talk to me - you know where to find me Smiley

AnimoEsto
Remember - Get Hashing - you saw it here first Smiley



Well he'll be here more now

Daffy went back tho

WaffleMaster
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December 14, 2014, 02:07:34 PM
 #5674

Another Mod resignation.... well said too I think:

https://hashtalk.org/topic/23363/standing-down

Quote


All,

When I stood to be a moderator, I thought I could be part of something amazing, something big and help change things, and I was really proud that my peers thought I was able to do it and that they voted me in. This is something I now feel I cannot do and will be stepping down as a moderator with immediate effect.

I know that my decision will likely lead to me being banned here which is unfortunate, and I can settle that in my Aspergers, I know I cannot continue to lead, moderate or support a community where I cannot fully and truly share in its beliefs, as it would seem that the main belief of this community has become Extreme Greed, coupled with Distrust. This is not the Crypto communities that I know, where openness and honesty are normally the standards that people are held to.

I have also come to see this community displaying some tendencies towards hero-worship and narcissism in some people and this is something that concerns me greatly, so I am stepping down.

For those of you who want to talk to me - you know where to find me Smiley

AnimoEsto
Remember - Get Hashing - you saw it here first Smiley



Well he'll be here more now

Daffy went back tho
Yeah, Daffy couldn't withstand from shilling on the forums.
dekay
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December 14, 2014, 02:09:49 PM
Last edit: December 14, 2014, 02:29:04 PM by dekay
 #5675

theres 0 prove of ico1 investors yet only promises please ask daffy for fact solid prove ico round 1 investors exist and promises arnt facts nor are statements daffy forgot about the buy wall becomeing weaker as pos grows keep up the good work whispa please whispa use my hollow point bullet questions they cant deffend against
dekay
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December 14, 2014, 02:36:24 PM
 #5676

FUUUUUCK THEY BAN HIM
WaffleMaster
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December 14, 2014, 02:36:38 PM
 #5677

Aaaand banned. How sad. Go check this out before it's deleted
https://hashtalk.org/topic/23350
quote author=dekay link=topic=857670.msg9837299#msg9837299 date=1418567784]
FUUUUUCK THEY BAN HIM
[/quote]
He was positive the whole time. They actually don't like legitimate questions. I'm speechless
jackbox
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December 14, 2014, 02:38:44 PM
 #5678

Aaaand banned. How sad. Go check this out before it's deleted
https://hashtalk.org/topic/23350
quote author=dekay link=topic=857670.msg9837299#msg9837299 date=1418567784]
FUUUUUCK THEY BAN HIM
He was positive the whole time. They actually don't like legitimate questions. I'm speechless
[/quote]

Damn. HT is like North Korea. Firing squad for you and you and you. Fucking dogs.  Undecided

Buy a Trezor and Protect your BTC, BCH, BTG, DASH, LTC, DGB, ZEC, ETH and ETC from hackers.
If I was helpful please buy me a coffee BTC: 1DWK7vBaxcTC5Wd2nQwLGEoy8xdFVzGKLK  BTG: AWvN1iBqCUqG2tEh3XoVvRbdcGrAzfBBpW
If I was helpful please buy me a burger DGB: DLASV6CUQpGtGSyaVz5FYuu5YxZ17MoGQz
raskul
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December 14, 2014, 02:38:54 PM
 #5679

* raskul thinks this is fun  Grin

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
dekay
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December 14, 2014, 02:47:05 PM
 #5680

theres 0 prove of ico1 investors yet only promises please ask daffy for fact solid prove ico round 1 investors exist and promises arnt facts nor are statements daffy forgot about the buy wall becomeing weaker as pos grows keep up the good work whispa please whispa use my hollow point bullet questions they cant deffend against
someone use and post these 2 questions on ht whispa was ban before he could dam u josh u evil fuck!!!!
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