I guess it has gone dead silent or little activity here 
XPY:
time for some serious viagra or cialis dosing to help fix this limp disaster coin, maybe that will give it enough of a pump for 1 run maybe 2 if people pump enough
Topic: . - page 4. (Read 18625 times)
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Quote from: coinfire.cf
... a statement from Mr. Garza in August of 2014. Mr. Garza stated that a percentage of the profits for ZenPool came from “day trading.” The fact that he stated it was from day trading created a situation in which, according to various securities laws, makes it a security.
See, they had sold people more Scrypt hashing power than existed on the entire network. So they had to admit that "not all" of the money was coming from mining.
https://coinfire.cf/2015/01/19/sec-investigation-of-gaw-miners-underway/
Hard to see when someone hacked Coinfire http://cointelegraph.com/news/113353/coinfire-site-and-twitter-account-hacked
And I got a browser warning when I tried to go to coinfire. It looks like GAW fans are lashing out, but then there's the counter-conspiracy theory saying that Coinfire pretended to hack themselves. Not very likely, if the site's still down.
Quote from: coinfire.cf
... a statement from Mr. Garza in August of 2014. Mr. Garza stated that a percentage of the profits for ZenPool came from “day trading.” The fact that he stated it was from day trading created a situation in which, according to various securities laws, makes it a security.
See, they had sold people more Scrypt hashing power than existed on the entire network. So they had to admit that "not all" of the money was coming from mining.
https://coinfire.cf/2015/01/19/sec-investigation-of-gaw-miners-underway/
Hard to see when someone hacked Coinfire http://cointelegraph.com/news/113353/coinfire-site-and-twitter-account-hacked
I guess it has gone dead silent or little activity here
XPY:
LMFAO
hero member
Activity: 672
Merit: 500
ADAMANT — the most secure and anonymous messenger
hero member
Activity: 672
Merit: 500
ADAMANT — the most secure and anonymous messenger
Quote from: coinfire.cf
... a statement from Mr. Garza in August of 2014. Mr. Garza stated that a percentage of the profits for ZenPool came from “day trading.” The fact that he stated it was from day trading created a situation in which, according to various securities laws, makes it a security.
See, they had sold people more Scrypt hashing power than existed on the entire network. So they had to admit that "not all" of the money was coming from mining.
https://coinfire.cf/2015/01/19/sec-investigation-of-gaw-miners-underway/
NICE good find but i am sure there will be more to this long term
Quote from: coinfire.cf
... a statement from Mr. Garza in August of 2014. Mr. Garza stated that a percentage of the profits for ZenPool came from “day trading.” The fact that he stated it was from day trading created a situation in which, according to various securities laws, makes it a security.
See, they had sold people more Scrypt hashing power than existed on the entire network. So they had to admit that "not all" of the money was coming from mining.
https://coinfire.cf/2015/01/19/sec-investigation-of-gaw-miners-underway/
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Then i thought hey gaw sold miners for so long they must be legit. Seems like legit went the way of greed and corruption really hardcore so i feel your pain
I don't think GAW was ever legit. Supposedly the only miners they ever sold were just Zeus miners they bought from someone else and re-labeled them as Black Widows or whatever.
Then, according to what I've read, they kept taking orders for mining hardware but never delivered, and eventually just told people they could have Hashlets instead of hardware. But the Hashlets never existed either, and they finally admitted that they never had any Scrypt miners at all. Everyone who bought Scrypt Hashlets were just getting paid btc according to what a Scrypt miner "would have earned".
So they finally admitted it? What a bunch of assholes. They lie and rally people to support their lies and cover up the lies by deleting them. Everything they have done is just rebranding. Hardware miners zen pool, paycoin, paybase and payflash. They took something marked it up and sold it to idiots.
wow i so missed it when did they admit it is there a link that still excist or is it all gone like all gaw comunications seem to vanish at short time after posts
Then i thought hey gaw sold miners for so long they must be legit. Seems like legit went the way of greed and corruption really hardcore so i feel your pain
I don't think GAW was ever legit. Supposedly the only miners they ever sold were just Zeus miners they bought from someone else and re-labeled them as Black Widows or whatever.
Then, according to what I've read, they kept taking orders for mining hardware but never delivered, and eventually just told people they could have Hashlets instead of hardware. But the Hashlets never existed either, and they finally admitted that they never had any Scrypt miners at all. Everyone who bought Scrypt Hashlets were just getting paid btc according to what a Scrypt miner "would have earned".
So they finally admitted it? What a bunch of assholes. They lie and rally people to support their lies and cover up the lies by deleting them. Everything they have done is just rebranding. Hardware miners zen pool, paycoin, paybase and payflash. They took something marked it up and sold it to idiots.
Then i thought hey gaw sold miners for so long they must be legit. Seems like legit went the way of greed and corruption really hardcore so i feel your pain
I don't think GAW was ever legit. Supposedly the only miners they ever sold were just Zeus miners they bought from someone else and re-labeled them as Black Widows or whatever.
Then, according to what I've read, they kept taking orders for mining hardware but never delivered, and eventually just told people they could have Hashlets instead of hardware. But the Hashlets never existed either, and they finally admitted that they never had any Scrypt miners at all. Everyone who bought Scrypt Hashlets were just getting paid btc according to what a Scrypt miner "would have earned".
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Slighlty off topic but I will lay it here anyway.
Perhaps Paycoin bag holders should be aware of what happens when you are backed by fiat.
http://www.zerohedge.com/news/2015-01-16/largest-retail-fx-broker-stock-crashes-90-swiss-contagion-spreads
Obviously the fiasco that is still taking place with the Swiss Franc Euro de-peg just goes to show that centralized fiat banking is just as if not way more volatile.
That Paycoin is heavily backed by some good old dried up fiat.
Therefore, backing your currency with such fiat assets is risky.
Perhaps Paycoin bag holders should be aware of what happens when you are backed by fiat.
http://www.zerohedge.com/news/2015-01-16/largest-retail-fx-broker-stock-crashes-90-swiss-contagion-spreads
Obviously the fiasco that is still taking place with the Swiss Franc Euro de-peg just goes to show that centralized fiat banking is just as if not way more volatile.
That Paycoin is heavily backed by some good old dried up fiat.
Therefore, backing your currency with such fiat assets is risky.
dam that is horrible to have a currency drop imagine if it was backed by the russian currency not sure what it is called. I am sure would not be good as much as i have seen their currency drop in last 2 months on the forex exchange. Maybe some day will have it to where bitcoin needs no fiat back but will be independent. I know still need a currency but would be cool
If you think about it BTC doesn't really have a Fiat backbone.
It is only that way because that is one of the hooks to get people involved.
The technology and potential are what give it value IMO.
One day it will be independent.
Some dead skin needs shed first.
It's all a game of perception.
that is true just hope dont shed to much skin lol
hero member
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Slighlty off topic but I will lay it here anyway.
Perhaps Paycoin bag holders should be aware of what happens when you are backed by fiat.
http://www.zerohedge.com/news/2015-01-16/largest-retail-fx-broker-stock-crashes-90-swiss-contagion-spreads
Obviously the fiasco that is still taking place with the Swiss Franc Euro de-peg just goes to show that centralized fiat banking is just as if not way more volatile.
That Paycoin is heavily backed by some good old dried up fiat.
Therefore, backing your currency with such fiat assets is risky.
Perhaps Paycoin bag holders should be aware of what happens when you are backed by fiat.
http://www.zerohedge.com/news/2015-01-16/largest-retail-fx-broker-stock-crashes-90-swiss-contagion-spreads
Obviously the fiasco that is still taking place with the Swiss Franc Euro de-peg just goes to show that centralized fiat banking is just as if not way more volatile.
That Paycoin is heavily backed by some good old dried up fiat.
Therefore, backing your currency with such fiat assets is risky.
dam that is horrible to have a currency drop imagine if it was backed by the russian currency not sure what it is called. I am sure would not be good as much as i have seen their currency drop in last 2 months on the forex exchange. Maybe some day will have it to where bitcoin needs no fiat back but will be independent. I know still need a currency but would be cool
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WOW thank you for the clarification on what shadow ban is 
. That is really messed up so they will let you think you making your point to other people but in reality no one will be seeing anything. So while you get mad they are just laughing away. I guess need 2 accounts 1 to see the other lol 
The same thing is implemented on reddit. Only you can see your posts, and the only way to know if you're shadow banned is to make a new account and check if your posts made with the old one are visible. . That is really messed up so they will let you think you making your point to other people but in reality no one will be seeing anything. So while you get mad they are just laughing away. I guess need 2 accounts 1 to see the other lol Never a problem with forums that allow guest posting.
Just sayin.
WOW thank you for the clarification on what shadow ban is . That is really messed up so they will let you think you making your point to other people but in reality no one will be seeing anything. So while you get mad they are just laughing away. I guess need 2 accounts 1 to see the other lol
The same thing is implemented on reddit. Only you can see your posts, and the only way to know if you're shadow banned is to make a new account and check if your posts made with the old one are visible. . That is really messed up so they will let you think you making your point to other people but in reality no one will be seeing anything. So while you get mad they are just laughing away. I guess need 2 accounts 1 to see the other lol hero member
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WOW thank you for the clarification on what shadow ban is . That is really messed up so they will let you think you making your point to other people but in reality no one will be seeing anything. So while you get mad they are just laughing away. I guess need 2 accounts 1 to see the other lol
. That is really messed up so they will let you think you making your point to other people but in reality no one will be seeing anything. So while you get mad they are just laughing away. I guess need 2 accounts 1 to see the other lol yeah i know big can always be a possibility like you said but good lord there is so many people thatsay they are banned for no reason. They say perma ban or shaddown ban. I do not know what shadow ban is but sounds nasty still lol. I just figured with so many people saying it must have a grain of truth somewhere. I might go there lol check it out
Shadow ban. You can post but no one sees your posts but you. You can talk to yourself for days. No notice or warning. Only at hashtalk ... go figure.
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yeah i know big can always be a possibility like you said but good lord there is so many people thatsay they are banned for no reason. They say perma ban or shaddown ban. I do not know what shadow ban is but sounds nasty still lol. I just figured with so many people saying it must have a grain of truth somewhere. I might go there lol check it out
(:
i really dont know if hashtalk is a big advertisement dor gaw. I have never been into the goodness of the hashtalk forums and i always hear people get banned for no reason and for long periods of time. I really dont want to be in that situation and be loosing my temper for no reason so i just stay away lol
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