T0urist
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Activity: 98
Merit: 10
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December 15, 2014, 11:27:29 PM |
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Scott, thats what i found funny. A launch is a big thing it would be all over the news. Other alts have had release articles too. Yet paycoin there is none. The launch and investor coin distribution is done so why does the NDA still hold? Names should be out now wouldnt you agree? Whats happening id the next announcement is eclipsing previous statements from GAW. Its perplexing that the hype is so big people dont wuestion the previous announcements not coming to fruition. There is bile here i'll give the GAW supporters that but again and again we have pleaded here to them. Show some investor proof, show some mining proof, open your eyes to the possibility of the lies. Time and time again this is ignored. The fans explain the missing info with have faith in GAW CEO. Faith is what religion is built on... cryptocurrency is built on science. You have to back your statements up with facts not faith. On another note scott, any update on the stuff with GAW you're involved in? Actually I would not say crypto is built of science. There is no science involved in it. It is all built on faith or lack of faith (terms of fiat). crypto is computer science/math. The system is designed around it. 1+1=2.... unless the cpu has flaws You are right. I just do not really consider computer science with crypto to be a way to discredit religion like you did. Just because you can “make” a BTC doesn’t mean it is worth anything unless someone believes it is worth what you are selling it for. But you are right it is a science. Im not discrediting religion im saying its based on faith which it is. This is fine nothing wrong with that as that is how religion is spread and accepted. Crypto however is based on science so people must use proof in the form of maths/science as its understood/created that way. You cant apply faith to this as it works on definable logic. Im fine with religion and faith and dont have an issue on this. I dont like cults however that abuse peoples faith to progress their own agendas.
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tom14cat14
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December 15, 2014, 11:40:18 PM |
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Scott, thats what i found funny. A launch is a big thing it would be all over the news. Other alts have had release articles too. Yet paycoin there is none. The launch and investor coin distribution is done so why does the NDA still hold? Names should be out now wouldnt you agree? Whats happening id the next announcement is eclipsing previous statements from GAW. Its perplexing that the hype is so big people dont wuestion the previous announcements not coming to fruition. There is bile here i'll give the GAW supporters that but again and again we have pleaded here to them. Show some investor proof, show some mining proof, open your eyes to the possibility of the lies. Time and time again this is ignored. The fans explain the missing info with have faith in GAW CEO. Faith is what religion is built on... cryptocurrency is built on science. You have to back your statements up with facts not faith. On another note scott, any update on the stuff with GAW you're involved in? Actually I would not say crypto is built of science. There is no science involved in it. It is all built on faith or lack of faith (terms of fiat). crypto is computer science/math. The system is designed around it. 1+1=2.... unless the cpu has flaws You are right. I just do not really consider computer science with crypto to be a way to discredit religion like you did. Just because you can “make” a BTC doesn’t mean it is worth anything unless someone believes it is worth what you are selling it for. But you are right it is a science. Im not discrediting religion im saying its based on faith which it is. This is fine nothing wrong with that as that is how religion is spread and accepted. Crypto however is based on science so people must use proof in the form of maths/science as its understood/created that way. You cant apply faith to this as it works on definable logic. Im fine with religion and faith and dont have an issue on this. I dont like cults however that abuse peoples faith to progress their own agendas. BTC has a cult like following. Some could even point to the anti gaw in this thread is like a cult. It just depends on where you sit and how you react to things. There are many in BTC that say down with any alt because they dont want anything taken away from BTC (further their agenda). With all of this said yes there are the same extremist in GAW.
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erwin45hacked
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Activity: 1064
Merit: 1000
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December 15, 2014, 11:41:45 PM |
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i think i came up with a really great idea we should make a shill in HT, posted things to wake up josh's minnion from their getting-rich-with-gaw-ponzi dream lets flood the entire HT with a doubt, starting with WHO WILL BUY A $20 PAYCOIN Really? Because this will be really helpful. What value does this add to crypto? Look at me I do not like what you are doing so lets spread fear. How about if you do not like it move along and dont waste your time. I have a lot of issues with GAW and paycoin however I hate when people post things like this. Lets just troll to create panic because it is so fun and make me feel big. so LOL, this will help more people to wake up from the ponzi-circle , its what this whole thread is about anyway, i think u misunderstood what i meant sir
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erwin45hacked
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December 15, 2014, 11:47:04 PM |
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i think i came up with a really great idea we should make a shill in HT, posted things to wake up josh's minnion from their getting-rich-with-gaw-ponzi dream lets flood the entire HT with a doubt, starting with WHO WILL BUY A $20 PAYCOIN Already got one, they have up voted me to 1K rep so I cant be banned, and I do ask these questions. Havent even been banned or questioned as a troll yet, they think I am one of them. Thats how you infiltrate @paid fud team secret police gaw united good one, keep asking question like that, and premine too, and others stuff, people will soon notice there is something wrong hovering there
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dekay
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December 15, 2014, 11:56:19 PM |
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morning bros
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theboarderdude
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December 16, 2014, 12:05:24 AM |
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A thought on ht being heavily moderated(it is)-
That forum is paid for and run by a company. You expect that their going to let anyone come and spew sh!t about them on their turf? I can pretty much guarantee you that any corporate forum is heavily moderated.
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btcshiner
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December 16, 2014, 12:06:50 AM |
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I have read parts of this thread and have followed Gaw for a few months. Mostly I have purchased physical miners from them for resell purposes, and I am looking forward to what I was told would be "hot" prices eventually on oneminer.com.
I pointed a th/s at the gaw run pool for sh!ts and giggles and while yes I mined more paycoin at current rates than btc I am still owed about 1 coin from that pool before it "officially" shut down.
I've read some stuff at HT and a lot of the ceo's quotes. Seems to me that:
1. Garza is one of the main investors that took part in the pre-mine, and that the non profit may very well be either a church and/or a way for Gaw/Josh to get a tax break on profits from Hashstakers.
I believe I read on HT that the money brought in from hashstakers would be used to purchase paycoins from investors to pay out the coins owed from hashpoint mining.
2. If the above is true then the early investors including garza and the non-profit will be guaranteed a "profit" of about $1.50 per coin if the buy in price was around the $2.50 range floated. Gaw can also probably write off the portion paid to the non profit and mitigate any current and future taxes from the hashstakers and btc earnings during the hashpoint mining phase.
On the Gaw website I see the Hashstakers going from $11.95 to $19.99 per coin staked and amount of time.
3. At a minimum of $7.95 per coin staked profit ($4 per coin paid from gaw to early investors minus $11.95 paid from purchase of hashstaker per coin) gaw can fund the Hashstakers for quite a while. Like I read in this thread payments will be made in paycoin so Gaw can sit on the cash and pay out what they "mined" in the POW phase and keep that USD delta, along with any physical mining power that was converted to Hashstakers using of course real USD or BTC. Gaw can also "stake" it's own coins to pay investors with.
It's entirely possible that the "buy wall" will be created from a portion of the transfer of wealth from Gaw to early investors while still allowing them a tidy profit to exit with. This plus a market for Hashstakers where gaw takes 5% on each end in USD/BTC means they should be able to sustain the model for a while.
4. Since the early private investors have already made a profit, it is entirely possible that each "group" agreed to "put in" 125,000 pay coins for a "prime controller" node. I could be wrong but I don't see how I couldn't dev a coin, buy some servers/bandwidth and "donate" to a CAF for said coin with a few hundred USD, and by POW be paid back my initial investment, plus 67% profit, and also have the chance to reap future rewards of transactions fee's and the off chance the coin makes it. Any fees should pay for upkeep/upgrades on prime controller nodes.
I hate to say it but I think this may take a while to unwind and that prosecution may have a tough case as some aspects fit the ponzi model to a T and yet it has enough wiggle room to let the main players have an exit if it can't be pulled off. I mean come on how many early tech adopter companies fail? And Gaw can declare banktruptcy and the coin, paybase, and other compelling aspects can live on. Leaving the people who believed most holding a bag while others profit.
Who I think will profit the most are Garza, and his "initial" private investors, followed by early backers who have sold or will be selling to new investors, and whoever buys/steals the ideas and marketing that got everyone here.
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jp333
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December 16, 2014, 12:08:32 AM |
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hundreds of xpy for sale for .04 btc or less, but no one's buying. So either the HT folks don't believe in the $20 wall as much as they say, or the paycoin choir is just a bunch of kids with no disposable income.
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Jacques de Molay
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December 16, 2014, 12:10:24 AM |
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i think i came up with a really great idea we should make a shill in HT, posted things to wake up josh's minnion from their getting-rich-with-gaw-ponzi dream lets flood the entire HT with a doubt, starting with WHO WILL BUY A $20 PAYCOIN Already got one, they have up voted me to 1K rep so I cant be banned, and I do ask these questions. Havent even been banned or questioned as a troll yet, they think I am one of them. Thats how you infiltrate @paid fud team secret police gaw united good one, keep asking question like that, and premine too, and others stuff, people will soon notice there is something wrong hovering there I do it in my unique way and I seem to have some immunity. Sad. but its whatever. However I don't ask questions for the sake of it to cause problems, or go over stuff that has been talked to death, nor give strong opinions, like the moron that came on just to post his amended TOS, that was dumb. A thought on ht being heavily moderated(it is)-
That forum is paid for and run by a company. You expect that their going to let anyone come and spew sh!t about them on their turf? I can pretty much guarantee you that any corporate forum is heavily moderated.
Thank you, every serious forum is like this that is tied to a company. So all your idealistic kids who think free speech extents to everything they are in get a rude shock for once in their early adult lives.
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SwissCrypt
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December 16, 2014, 12:11:14 AM |
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"Scattering marbles on train tracks doesn't really hurt the train, despite what your third grade friend told you"
For all you kiddies 😄
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dekay
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December 16, 2014, 12:11:39 AM |
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ill be selling on friday
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gefafwisp
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December 16, 2014, 12:11:55 AM |
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BTC has a cult like following. Some could even point to the anti gaw in this thread is like a cult. It just depends on where you sit and how you react to things. There are many in BTC that say down with any alt because they dont want anything taken away from BTC (further their agenda). With all of this said yes there are the same extremist in GAW.
As mentioned before, I like your balanced viewpoint. I doubt it will go down well with some of the more vocal readers of this thread, because there are no grey areas here: GAW and it's customers are 100% cult-like and should be taken down! /s Of course it's not that simple. Some but not all of GAW customers exhibit cult member-like behaviour, some are just regular folk like me trying to participate and make some money. Some but not all of the guys/gals who read this thread are level headed and genuine and don't froth at the mouth whenever someone tries to explain this. Others do
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gefafwisp
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December 16, 2014, 12:14:45 AM |
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morning bros
dude, it's 4 o'clock in the afternoon, you've got your days and nights mixed up
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Jacques de Molay
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December 16, 2014, 12:14:54 AM |
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"Scattering marbles on train tracks doesn't really hurt the train, despite what your third grade friend told you"
For all you kiddies 😄
What you and the paid fudd team need to understand, this thread isn't about taking any action, we are discussing the legitimacy of GAW and hashlets and Homero. Only those over on HT are hell bent on destroying anyone who doesn't agree with them (they are now in this thread trying to do it but we are not stupid and can see right through their bullshit)
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raskul
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December 16, 2014, 12:14:58 AM |
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some are just regular folk like me trying to participate and make some money.
like me, who is very pleased by paycoin, because you suckers are renting my rigs at ridiculous prices. keep renting
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tips 1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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jp333
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December 16, 2014, 12:19:58 AM |
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hundreds of xpy for sale for .04 btc or less, but no one's buying. So either the HT folks don't believe in the $20 wall as much as they say, or the paycoin choir is just a bunch of kids with no disposable income.
Scratch that. There are now hundreds of xpy for sale for 0.03btc or less. GAW believers should be in there scooping up free money from off the ground.
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gefafwisp
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December 16, 2014, 12:20:49 AM |
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some are just regular folk like me trying to participate and make some money.
like me, who is very pleased by paycoin, because you suckers are renting my rigs at ridiculous prices. keep renting yup, I think you missed the point, friend
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dekay
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December 16, 2014, 12:21:23 AM |
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morning bros
dude, it's 4 o'clock in the afternoon, you've got your days and nights mixed up and i just woke up i guess im the only drug dealer that wakes up when he wants fck i wana grab som pho scratch that korean bbq /hot pot dekay aint racist
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raskul
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December 16, 2014, 12:22:22 AM |
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some are just regular folk like me trying to participate and make some money.
like me, who is very pleased by paycoin, because you suckers are renting my rigs at ridiculous prices. keep renting yup, I think you missed the point, friend regular folk making money. can't be more plain than that, can it? i applaud the guile of GAW and Josh Garza, helping us regular folk by sending us his lemmings.
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tips 1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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gefafwisp
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December 16, 2014, 12:25:09 AM |
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some are just regular folk like me trying to participate and make some money.
like me, who is very pleased by paycoin, because you suckers are renting my rigs at ridiculous prices. keep renting yup, I think you missed the point, friend regular folk making money. can't be more plain than that, can it? i applaud the guile of GAW and Josh Garza, helping us regular folk by sending us his lemmings. ahhh you're being a dick, ok cool, enjoy your munny!
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