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Author Topic: GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :)  (Read 3200581 times)
NeonTranceBadger
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December 17, 2014, 03:31:51 PM
 #7041

Uh oh looks like all withdrawals are on lockdown.  Can't withdraw BTC

https://hashtalk.org/topic/24004/cannot-withdraw-from-account

Thank god I got out 2 days ago. I knew this was coming. watch them blame it on a bug and if XPY dosn't become worth 15-20 in the next week they will dump millions to pay people the for the fake BTC they are handing out OR! just run off to russia.

If they run to Russia, I will be there.  I have done a ton of research and privately investigated GAW, H Josh Garza and know associates.  IPO 1 was very expensive and you need to do your homework to assess the risk.  His current holdings, company, and patents offers an assets to offset risk I am asked to take.  After reverse engineering his plans,  I have a really good picture and did invest.  I do not expect 5 fold return, but a very steady dividend from the mining operation.  Price of $XPY is irrelevant.  

BTC lacks leadership and an entrepreneur with assets, Mr Garza believes he can do better.  This is where $XPY price goes up and down with investor confidence.  Right now there are HashPoints that need to get paid out at an expected $4.  There are $20 Coins Sold out on a website.  The market value is $10.  After HashPoints are converted, I expect a Market to respond and go down to $4.  Recovery to $10 should be slow, if it is fast - day traders paradise.  If you have a RL job, back off until it settles at $20.  IPO1 (estimated $24 million) guys are big fish and will assess quarter by quarter.  $24 million is nothing in the communications industry, and I believe that is where $XPY is getting its seed money.  

Major Retailers, including BestBuy are looking into Crypto Money.  BestBuy, Wells Fargo and US Bank are in my back yard and I have been teaching how the blockchain works over beers and bratwurst.  Most likely they will pick BTC or make their own.  In either case you can make a script to produce a payable address to whom ever a retailer uses.

I definitely rate this coin higher than the 2014 Quarter 3 coins that were produced.

March of 2015 is a good time to judge $XPY or take the risk now.  Speculation is just BitCoinTalk.

So post your calculations?  Put some proof behind your statement.  If you based all your theories off what Josh said then most of your theories and calculations are also speculation.  A lot of what Josh said in the past hasn't happened.  Josh is far from a leader, he's a marketer.
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December 17, 2014, 03:49:26 PM
 #7042

Uh oh looks like all withdrawals are on lockdown.  Can't withdraw BTC

https://hashtalk.org/topic/24004/cannot-withdraw-from-account

Thank god I got out 2 days ago. I knew this was coming. watch them blame it on a bug and if XPY dosn't become worth 15-20 in the next week they will dump millions to pay people the for the fake BTC they are handing out OR! just run off to russia.

If they run to Russia, I will be there.  I have done a ton of research and privately investigated GAW, H Josh Garza and know associates.  IPO 1 was very expensive and you need to do your homework to assess the risk.  His current holdings, company, and patents offers an assets to offset risk I am asked to take.  After reverse engineering his plans,  I have a really good picture and did invest.  I do not expect 5 fold return, but a very steady dividend from the mining operation.  Price of $XPY is irrelevant.  

BTC lacks leadership and an entrepreneur with assets, Mr Garza believes he can do better.  This is where $XPY price goes up and down with investor confidence.  Right now there are HashPoints that need to get paid out at an expected $4.  There are $20 Coins Sold out on a website.  The market value is $10.  After HashPoints are converted, I expect a Market to respond and go down to $4.  Recovery to $10 should be slow, if it is fast - day traders paradise.  If you have a RL job, back off until it settles at $20.  IPO1 (estimated $24 million) guys are big fish and will assess quarter by quarter.  $24 million is nothing in the communications industry, and I believe that is where $XPY is getting its seed money. 

Major Retailers, including BestBuy are looking into Crypto Money.  BestBuy, Wells Fargo and US Bank are in my back yard and I have been teaching how the blockchain works over beers and bratwurst.  Most likely they will pick BTC or make their own.  In either case you can make a script to produce a payable address to whom ever a retailer uses.

I definitely rate this coin higher than the 2014 Quarter 3 coins that were produced.

March of 2015 is a good time to judge $XPY or take the risk now.  Speculation is just BitCoinTalk.
No one will need to run off. peace
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December 17, 2014, 04:16:27 PM
 #7043

Senor Garza really should go into the marketplace and buy up as many XPY as he can for currently around $7.25 and then sell THOSE back to himself for $20 !! seems like a win/win/win/win!!

Every time somebody spends a Paycoin, an angel gets its wings!

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I N D X
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December 17, 2014, 04:18:08 PM
 #7044

...I have done a ton of research and privately investigated GAW, H Josh Garza and know associates.  IPO 1 was very expensive and you need to do your homework to assess the risk.  His current holdings, company, and patents offers an assets to offset risk I am asked to take.  After reverse engineering his plans,  I have a really good picture and did invest.  I do not expect 5 fold return, but a very steady dividend from the mining operation.  Price of $XPY is irrelevant. 

It sounds like you are talking about an investment in GAW stock, rather than buying Hashlets, XPY in ICO and/or Hashtakers.  You are referring to IPO but do you really mean private offering because there was no IPO...

The risk on investment in GAW stock would be much lower versus investing in XPY coins or Hashlets.  I could see an investor looking at GAW and making an investment especially with control, audit and diligence rights usually associated with private placements.  What is crazy is making an investment in the coin XPY wihtout any control, audit or diligence.  The average BTC'er doesn't have any ability to get at GAW's assets, patents, or home addresses to sue.  XPY is a flashpan scam box until proven otherwise at least to the public.  Investing in GAW's mining operation may make sense - its why I initially bought hashlets under the false pretense that I was investing in GAW's mining (turned out to be a lie though); investing in XPY does not make sense.

BTC lacks leadership and an entrepreneur with assets, Mr Garza believes he can do better. 

History to date has shown otherwise. In your due diligence, I hope you looked at the historical pattern. If you did not, here is a quick summary of my experience:

(1) May 2014 GAW announced hosted mining.  You can buy scrypt miners from GAW and have them activated and hashing in 24 hours.  I buy a bunch of miners between May and July.  Repeated problems exist with network, power resulting in outtages.  Miners are not activated timely.  No response to support tickets. 

(2) May-June 2014 repeated problems result in some people complaining on bitcointalk about hosting issues.  Posts are deleted by Josh and Josh PM's asking me not to post with problems and promises compensation/payoff to keep my issues with GAW private.  Compensation paid in form of GAW loyalty points and agreement to provde me with "Founder" privileges including free hosting for life.  Founder privileges never granted.  All of this recorded in PMs I still have.

(3) July-August problems with hosting continue, on and off again.  Promised updates to hosting platform (to expand compatibility with pools that do not work with GAw hosting, eliminate power outtages, etc.) and expand reporting so that problems can be isolated and fixed, never materialize.

(4) August 2014 GAW announces beta program to move VIP customers over to Zenminer (still hosted) which is described as an entirely new DC wiht power and network issues all worked out.  Pools limited, but promise that pools will be expanded once out of beta program.  I move all of my miners over with the press of a button.  Miraculously (note: sarcasm), (1) the miners are moved virtually instantaneously despite fact that moving a physical miner would have required at least 1 day; and (2) after moving, the miners exhibit unprecedented (read: impossible and not real) 100% uptime and nearly 0% variation from stated hash rates.

(5) I am skipping the whole mess with Zeus, as well as the Vaultbreaker mess since I was not a part of that... but its part of the pattern of making out promises to deliver what GAW cannot possibly deliver.

(6) Instead of moving Zenminer out of beta and expanding the hosting program as promised, only a few weeks later GAW/Josh announces the Hashlet as "always profitable," "maintenance fees that reduce over time" and describes a grandiose plan where hashlet owners will get a piece of GAW's massive mining operation in exchange for converting the hosted miners to hashlets.

(7) Weeks after converting to hashlets, Josh reveals that his zenpool really isn't mining (or at least not 1:1) and that profits come from a variety of other sources - making hashlets clearly an illegal unregistered security (at best) as discussed previously here.  Zenpool profits crash after only a few weeks (making it very likely that such profits never existed and were just loss leaders to get everyone to convert their hosted miners).

(Cool After duping everyone to convert their hosted miners and buy new Prime Hashlets, zenpool returns (which by his own later admission are based on some mysterious profits from coin ICOs and rentals that Josh unilaterally elects to assign to zenpool) crash and Josh's promises to bring back zenpool profits are never fulfilled.  No explanation is given other than a failure to secure rentals for GAW's rigs (which makes no economic sense anyway).  Hashlet maintenance stays at higher than market rates making all hashlets virtually unprofitable. 

(9) After several weeks of hashlet sales, it becomes clear that GAW is selling WAY more hashpower than could possibly exist in Scrypt mining.  GAW refuses to respond to allegations that it is a ponzi scheme, and offers no explanation for the obvious impossibility of having more scrypt hashpower sold than exists on the network.  Much later (only a few weeks ago), the explanation becomes that GAW was never really providing Scrypt mining but instead was always hashing away with SHA256 and paying the equivalent in mining from its SHA256 mining profits.  Aside from the fact that this is obviously a post-hoc grasp at straws (e.g., GAW could have just said that was what they were doing back in September, if it were true back then, and provided proof back then of its hashpower), it was a huge misrepresentation (at best) to sell hashlets as "scrypt" hashpower.

(10) Josh had promised that Prime Hashlets (converted from hosted miners and bough in initial offering for 16 per mhs) would be salable in an open market.  Although the market for other miners opened, GAW allegedly was unable to get the market for Primes working for several weeks.  Private sales of Prime Hashlets were common far below the $49 "market price" that GAW was trying to establish with its new sales.  GAW then claims for "security" reasons that private sales are banned leaving Prime Hashlet owners with no way out.  This ensured that anyone purchasing Primes would pay $49 from GAW or its resellers rather than $25 on the private market though it was marketed as a move to improve security.

(11) On the day (the hour!) that GAW finally agrees to allow Prime Hashlet sales on the market, there are mysterious hackers who eventually cause a shutdown of the market and a freeze on BTC withdrawals.

(12) Since the day that GAW began to allow Prime owners to cash out via the market and/or via offers to repurchase the Prime Hashlets, GAW has experienced mysterious security issues that have caused freezes in the ability to withdraw BTC. 

(13) GAW claims to stop selling Primes, but later (as I predicted) resellers are able to sell Primes and GAW recently admitted that it has sold Primes from "stock" (realize that this is a joke since there is no stock of a virtual miner) on the market quietly.

(14) GAW announces new Paycoin/Paybase scheme.  Promises relating to profitability improvements on zenpool and reduction in maintenance fees for hashlets suddenly forgotten... but its all okay because you can just upgrade to a Hashtaker!

(15) Problems plague almost every major update of the virtual hashlets.  Paycoin crashes on its first release and has to be hardforked.  A bug that cannot be fixed without hardforking exists because difficulty adjustments are made based on only 2 past adjustment periods rather than weeks as in Bitcoin resulting in wild difficulty adjustment swings that may yet prove to make Paycoin too unstable for large scale use (without a hardfork to resolve the bug).  Promised features like hyperflex and wallet based staking are not present (requiring another hardfork to fix).

I really wanted to believe in Josh.  He is a fantastic salesman.  But every time I start to have any hope that Paycoin could be a success, I look back over this history and that cures me.  I do not know if Josh is just overambitious and prone to massive overpromising, or if he is really a bad apple.  Time and likely litigation will tell the truth.  I doubt any succesful business could be built on such a muddy foundation however.

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December 17, 2014, 04:21:20 PM
 #7045

That sites meant for sexcoin. It need some loving if anyone wants to help out!
I don't know, this sounds like a good way to catch a sexually transmitted coin.... ;-)
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December 17, 2014, 04:22:35 PM
 #7046

My friend lost his hashlets because of Zen market related glitch and this company still denying their fault and punishing the seller for their mistake. Is there any authority, we can go?

"Break the Big Banks" - http://BERN.cash - #‎NotMeUS #rEVOLution
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December 17, 2014, 04:41:45 PM
 #7047


WHEW! Look at that amazing, first time in history floor! https://coin-swap.net/market/XPY/BTC fucking LOL, this is crypto there is no floor. When you shit on the entire community for months. It will return the favor. In a couple days this coin will be in the toliet. Btw if you didn't see it the conversion of coins and paybase is being pushed back (suprised?) to jan 2. Josh with his retard ideas always falling flat on his ass(face).
Link?
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December 17, 2014, 04:41:48 PM
 #7048

My friend lost his hashlets because of Zen market related glitch and this company still denying their fault and punishing the seller for their mistake. Is there any authority, we can go?

You will need proof of this, which is probably locked up in GAWs database and would need a subpoena from a judge to get access to that data.  In the end it would probably be cheaper to just take the losses and move on to somewhere else.  
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December 17, 2014, 04:48:58 PM
 #7049


WHEW! Look at that amazing, first time in history floor! https://coin-swap.net/market/XPY/BTC fucking LOL, this is crypto there is no floor. When you shit on the entire community for months. It will return the favor. In a couple days this coin will be in the toliet. Btw if you didn't see it the conversion of coins and paybase is being pushed back (suprised?) to jan 2. Josh with his retard ideas always falling flat on his ass(face).
Link?

Link Please ? Thanks

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December 17, 2014, 04:52:03 PM
 #7050

Link to this one. Thanks

btw if you didn't see it the conversion of coins and paybase is being pushed back (suprised?) to jan 2. Josh with his retard ideas always falling flat on his ass(face).

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December 17, 2014, 05:00:28 PM
 #7051

We've received an official response from Amazon regarding the Chrome extension and intend on publishing it in the near future once all of the facts are gathered in the matter but I'm going to take the highlights of the response and share them here in the meantime.

"Amazon does not allow nor condone the use of any piece of software that violates our terms of service specifically the following sections:

[...] will not intercept, record, redirect, read, interpret, or fill in the contents of any electronic form or other material submitted to us by any person or entity.

[...] will not request, collect, obtain, store, cache, or otherwise use any account information used by our customers in connection with any Amazon Site [...]

[...] will not modify, redirect, suppress, or substitute the operation of any button, link, or other feature of the Amazon Site.

[...] will not make any orders or engage in other transactions of any kind on the Amazon Site on behalf of any other person or entity, or authorize, assist, or encourage any other person or entity to do so.

[...] will not take any action that could reasonably cause any customer confusion as to our relationship with you, or as to the site on which any functions or transactions (e.g., search, browse, or order) are occurring.

Any piece of software, extension or other system which implies a partnership or intercepts customers or customer information is in direct violation of our terms and Amazon will act accordingly."

These are just some highlights. As we continue securing facts and information our team will work to publish a full piece.

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December 17, 2014, 05:02:30 PM
 #7052

They're literally just trying to ripoff Coinbase...so I don't understand why they made a whole new coin that's super sketchy. Maybe because they knew they couldn't keep their fake mining operation going. They slashed payouts prematurely to coerce people to upgrade, because why wouldn't you when you're making 1 satoshi a day on 1mh/s of scrypt asic. "Never obsolete"? Yes, it is obsolete. So can we take them to court for fraud? Because 1 millionth of a penny is clearly obsolete.
Legal definition:

adjective
1.
no longer produced or used; out of date.
"the disposal of old and obsolete machinery"
synonyms:   outdated, out of date, outmoded, old-fashioned, démodé, passé, out of fashion; More
antonyms:   cutting-edge, the latest, modern
2.
BIOLOGY
(of a part or characteristic of an organism) less developed than formerly or in a related species; rudimentary; vestigial.
verbUS
verb: obsolete; 3rd person present: obsoletes; past tense: obsoleted; past participle: obsoleted; gerund or present participle: obsoleting
1.
cause (a product or idea) to be or become obsolete by replacing it with something new.
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December 17, 2014, 05:04:04 PM
 #7053

We've received an official response from Amazon regarding the Chrome extension and intend on publishing it in the near future once all of the facts are gathered in the matter but I'm going to take the highlights of the response and share them here in the meantime.

"Amazon does not allow nor condone the use of any piece of software that violates our terms of service specifically the following sections:

[...] will not intercept, record, redirect, read, interpret, or fill in the contents of any electronic form or other material submitted to us by any person or entity.

[...] will not request, collect, obtain, store, cache, or otherwise use any account information used by our customers in connection with any Amazon Site [...]

[...] will not modify, redirect, suppress, or substitute the operation of any button, link, or other feature of the Amazon Site.

[...] will not make any orders or engage in other transactions of any kind on the Amazon Site on behalf of any other person or entity, or authorize, assist, or encourage any other person or entity to do so.

[...] will not take any action that could reasonably cause any customer confusion as to our relationship with you, or as to the site on which any functions or transactions (e.g., search, browse, or order) are occurring.

Any piece of software, extension or other system which implies a partnership or intercepts customers or customer information is in direct violation of our terms and Amazon will act accordingly."

These are just some highlights. As we continue securing facts and information our team will work to publish a full piece.
Got their asses! It's amazing how illegally ran GAW is, and so casually. <upvote>
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December 17, 2014, 05:10:18 PM
 #7054

We've received an official response from Amazon regarding the Chrome extension and intend on publishing it in the near future once all of the facts are gathered in the matter but I'm going to take the highlights of the response and share them here in the meantime.

"Amazon does not allow nor condone the use of any piece of software that violates our terms of service specifically the following sections:

[...] will not intercept, record, redirect, read, interpret, or fill in the contents of any electronic form or other material submitted to us by any person or entity.

[...] will not request, collect, obtain, store, cache, or otherwise use any account information used by our customers in connection with any Amazon Site [...]

[...] will not modify, redirect, suppress, or substitute the operation of any button, link, or other feature of the Amazon Site.

[...] will not make any orders or engage in other transactions of any kind on the Amazon Site on behalf of any other person or entity, or authorize, assist, or encourage any other person or entity to do so.

[...] will not take any action that could reasonably cause any customer confusion as to our relationship with you, or as to the site on which any functions or transactions (e.g., search, browse, or order) are occurring.

Any piece of software, extension or other system which implies a partnership or intercepts customers or customer information is in direct violation of our terms and Amazon will act accordingly."

These are just some highlights. As we continue securing facts and information our team will work to publish a full piece.
I can't say for sure, but I imagine this is what killed ZincSave, the original plugin that Josh copped.  Anyone know what officially happened to ZS?
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December 17, 2014, 05:14:35 PM
 #7055

We've received an official response from Amazon regarding the Chrome extension and intend on publishing it in the near future once all of the facts are gathered in the matter but I'm going to take the highlights of the response and share them here in the meantime.

"Amazon does not allow nor condone the use of any piece of software that violates our terms of service specifically the following sections:

[...] will not intercept, record, redirect, read, interpret, or fill in the contents of any electronic form or other material submitted to us by any person or entity.

[...] will not request, collect, obtain, store, cache, or otherwise use any account information used by our customers in connection with any Amazon Site [...]

[...] will not modify, redirect, suppress, or substitute the operation of any button, link, or other feature of the Amazon Site.

[...] will not make any orders or engage in other transactions of any kind on the Amazon Site on behalf of any other person or entity, or authorize, assist, or encourage any other person or entity to do so.

[...] will not take any action that could reasonably cause any customer confusion as to our relationship with you, or as to the site on which any functions or transactions (e.g., search, browse, or order) are occurring.

Any piece of software, extension or other system which implies a partnership or intercepts customers or customer information is in direct violation of our terms and Amazon will act accordingly."

These are just some highlights. As we continue securing facts and information our team will work to publish a full piece.
Got their asses! It's amazing how illegally ran GAW is, and so casually. <upvote>
I'd be amazed if GAW (and Zincsave before them) didn't make sure their system was viable before publishing details about it...

(in b4 'prepare to be amazed')
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December 17, 2014, 05:14:43 PM
 #7056

Jimmothy Mentioned something about the MSB found here and GAW is not on it. I asked over at HT and someone said they may be linked to another company or name

http://www.fincen.gov/financial_institutions/msb/

If there collecting all my information for it. I would like to know where they are on the list.

I would not be giving up all my information to them before I know where they are on this list if at all.

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December 17, 2014, 05:17:58 PM
 #7057


<long post worth reading>


Thanks for writing that down, very useful for people like me who just glance at this debacle from a distance!
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December 17, 2014, 05:18:31 PM
 #7058

Jimmothy Mentioned something about the MSB found here and GAW is not on it. I asked over at HT and someone said they may be linked to another company or name

http://www.fincen.gov/financial_institutions/msb/

If there collecting all my information for it. I would like to know where they are on the list.

I would not be giving up all my information to them before I know where they are on this list if at all.
I would bet every single Paycoin I own* that they aren't on this list in any form or fashion.

*I own zero Paycoins.
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December 17, 2014, 05:18:57 PM
 #7059

Stay cool man and don't act in haste.  Don't make irrational decisions.  Depending on how this thing pans out, you will likely be able to get your money back and then some.  Just start unwinding AS SOON as you have the chance.  If a lot of $ is locked up on hashstakers, call them directly and kick up a shit storm.  I imagine they will wilt eventually and give you your money back.

Good advice. Don't make hasty decissions based on how you were treated on a forum or a social media site. If he doesn't want to talk to you it's a personal thing between you and him. He doesn't have to respond to your concerns on his twitter.

As an investor this is not a way to treat people. Doesn't mean he has to answer me on twitter, but to block me is showing lack of concern for investors. I'm done with gawminers, and their bullshit. They don't have a mining farm, they have a storage locker full of asics, that's about it.

You are not an investor.. You're a victim.

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December 17, 2014, 05:21:57 PM
 #7060

We've received an official response from Amazon regarding the Chrome extension and intend on publishing it in the near future once all of the facts are gathered in the matter but I'm going to take the highlights of the response and share them here in the meantime.

"Amazon does not allow nor condone the use of any piece of software that violates our terms of service specifically the following sections:

[...] will not intercept, record, redirect, read, interpret, or fill in the contents of any electronic form or other material submitted to us by any person or entity.

[...] will not request, collect, obtain, store, cache, or otherwise use any account information used by our customers in connection with any Amazon Site [...]

[...] will not modify, redirect, suppress, or substitute the operation of any button, link, or other feature of the Amazon Site.

[...] will not make any orders or engage in other transactions of any kind on the Amazon Site on behalf of any other person or entity, or authorize, assist, or encourage any other person or entity to do so.

[...] will not take any action that could reasonably cause any customer confusion as to our relationship with you, or as to the site on which any functions or transactions (e.g., search, browse, or order) are occurring.

Any piece of software, extension or other system which implies a partnership or intercepts customers or customer information is in direct violation of our terms and Amazon will act accordingly."

These are just some highlights. As we continue securing facts and information our team will work to publish a full piece.

You should report to Amazon that on Paybase.com they have an amazon webpage in the computer, but Amazon is not supported.  This is false advertisement, I bet Amazon would love to have little chat with GAW about that.
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