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Topic: GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :) - page 1040. (Read 3377945 times)

full member
Activity: 150
Merit: 100
http://goo.gl/W11Kjy
josh will always cheat
he would not stop to deceive the world of digital currency




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because Xpy will be coin bins and SCAME
full member
Activity: 140
Merit: 100
It is clear by now that math isnt the strong point for Garza and co.
member
Activity: 70
Merit: 10
MrCEO (GAWCEO as he was know back then) stated this:

https://hashtalk.org/topic/18215
Quote
I have been waiting for someone to do the math on this for weeks, and so far no one has done it.

This post is for all of those skeptics that keep challenging us on our claims that Zenpool is the most profitable pool.

Let's use some basic logic. When you say that “one company is more profitable than another,” what does that mean at this second, or over any time-frame? If Apple has a bad sales day, and our sales are better than theirs on that single day, are we now a more profitable company?

By definition, “most profitable” should mean over a period of time. What is that period of time?

Since they launched!

Let's do some actual math and settle this. If you’re up to the challenge, add up how much money Zenpool has paid out since it launched. Then do the same thing with any other pool over the same time-frame.

Zenpool is the world’s most profitable pool.  Smiley

As usual, "let's do some actual math" and failed to provide any numbers. I was tracking profitability for some time, and many others were doing that, so there is no question that ZenPool was the best-paying Scrypt pool per MH/s for about two months until mid-October, but only if you subscribe to GAW's definition of a pool represented by PNGs on their website. There was no way for outside miners to connect the the pool.

As for total hashrate - that's a whole different discussion. There was no information on the amount of hashrate aside from ~250 GH/s early on in August,  and no proof of Scrypt or SHA256 mining taking place.

Thanks, that's what I needed... a very long thread, but a lot of interesting information in it.

Short Version:
  • A person comparing hashpool as if it were zenpool think it's great (hashpool pays great? or his it hashpoints that had no declared value at that time?)
  • The first month paid well, then it went seriously down hill from there.

  • At the time of the posting (circa Nov 2014) zenpool wasn't netting squat (like a satashi/day), but Garza wants to go off gross returns (even thought 80%+ is returned to garza in fees)
    Garza and other claim that average over ALL TIMES is important to new investors going forward (even through new investors will pay for hashlets and take years (centuries?) to even ROI on initial costs.)
  • Best post in the thread from a hashtalker "Math is hard" -- sums up the whole operation :-)

legendary
Activity: 2912
Merit: 1060
So basically how I got into all of this is I would sell social media followers and shit, and someone reached out to me about my services. He wanted a bunch of followers for Josh  Grin. At the time I had no idea what GAW was etc. but Josh ended up paying me $30 per 1000 followers (I resell and buy for about $2 per 1000), and then convinced my friend who was a sort of middle man convinced me to put that money back into GAW  Embarrassed (I bought 5 Primes and 10 Zens). I think its kind of ironic I overcharged Josh(What I usually did reselling but no one had ever paid close to $30 per 1000) and then he ended up basically screwing me on my investment back into his company. At the time I was thinking "what kind of CEO buys twitter followers", but I didn't care because I was getting paid. When my friend convinced me to purchase some cloud mining power I saw all the $20 promises and was like "I'll make back my investment and more". Guess I should have been smarter with my money  Sad
Some proof: (Couldn't find all the screenshots)
http://imgur.com/xOD105d,nWDBeWk,VYJPLCM,eHhtFNW#3
Also this: (wasn't my service that dropped followers)
https://hashtalk.org/topic/18708/josh-loses-4-000-twitter-followers-today

I remember the first day he got a twitter acct it mysteriously gained a crapload of followers.  Most had Asian faces and language on their twitter accounts.  Was that you?  Glad to see you here.
Hah, my friend bought from someone else first before coming to me, those were the shitty asian ones. My follower are a bit better than the ones he bought first and don't unfollow quite as fast. Oh the irony, cheated a scammer.

He really told you to stop adding throughout the day and do it all at once at 3am? That's premeditated retarded fraud.
hero member
Activity: 812
Merit: 1000
Litecoin Association Director
yep love this thread very entertaining and learning a lot about con

@vancefox not forget you , nice work deserves some tip

Interesting coins also to review: Hyperstake (HYP) and Bottlecaps(CAP)/Habonickels(HBN) last two same dev.

But then other algorithms, too

Yeah I'm a huge Hyperstake fan, these are some of my favorite alts right there.

Mine, too Smiley

Love Bottlecaps (CAP) 200% PoS

Like the Idea collecting crypto bottlecaps very much. Tranz good dev Smiley


LoL i hear mineral exchange can let stake PayCoin 90 days for 5%.

90 days , lol long time in crypto.


Tranz is a good guy, and from what I can see a good dev Smiley.
sr. member
Activity: 406
Merit: 250
legendary
Activity: 1582
Merit: 1019
011110000110110101110010
Serious question... srly SERIOUS.

Garza and company have repeatedly made the statement: That Zenpool is “The Worlds Most Profitable Pool." I have example of these statements from around Sept - Nov 2014.

QUESTION:
-- Has there ever been any stats of solid information released to back up this claim?
-- Is there any estimated any where showing the "profitability" of Zenpool at that time (or even just it's total hashing rate).
-- Was there any larger mining pools (for BTC or Hashcoins(?) or Paycoins) operating at the same time?

Doing some research... and 1400 pages is a lot to wade through :-(

Thanks


MrCEO (GAWCEO as he was know back then) stated this:

https://hashtalk.org/topic/18215
Quote
I have been waiting for someone to do the math on this for weeks, and so far no one has done it.

This post is for all of those skeptics that keep challenging us on our claims that Zenpool is the most profitable pool.

Let's use some basic logic. When you say that “one company is more profitable than another,” what does that mean at this second, or over any time-frame? If Apple has a bad sales day, and our sales are better than theirs on that single day, are we now a more profitable company?

By definition, “most profitable” should mean over a period of time. What is that period of time?

Since they launched!

Let's do some actual math and settle this. If you’re up to the challenge, add up how much money Zenpool has paid out since it launched. Then do the same thing with any other pool over the same time-frame.

Zenpool is the world’s most profitable pool.  Smiley

As usual, "let's do some actual math" and failed to provide any numbers. I was tracking profitability for some time, and many others were doing that, so there is no question that ZenPool was the best-paying Scrypt pool per MH/s for about two months until mid-October, but only if you subscribe to GAW's definition of a pool represented by PNGs on their website. There was no way for outside miners to connect the the pool.

As for total hashrate - that's a whole different discussion. There was no information on the amount of hashrate aside from ~250 GH/s early on in August,  and no proof of Scrypt or SHA256 mining taking place.

It was a ponzi. Plain and simple. They paid out from the receipts of sales to noobs and existing customers buying more. It was easy as fuck to get money in but come time to pay out their script rarely worked. The famous 'Payouts in Progress' would linger for hours or days if the payout was large.

At the end they were clawing back payouts as mining/hosting fees. He was running short of BTC for payouts.

Piece of shit ponzi scheme. Nothing more. If it was so fucking profitable he would still be up and running. Instead he just runs from one scam to the next.

Fuck everything GAW,
legendary
Activity: 3654
Merit: 8909
https://bpip.org
Serious question... srly SERIOUS.

Garza and company have repeatedly made the statement: That Zenpool is “The Worlds Most Profitable Pool." I have example of these statements from around Sept - Nov 2014.

QUESTION:
-- Has there ever been any stats of solid information released to back up this claim?
-- Is there any estimated any where showing the "profitability" of Zenpool at that time (or even just it's total hashing rate).
-- Was there any larger mining pools (for BTC or Hashcoins(?) or Paycoins) operating at the same time?

Doing some research... and 1400 pages is a lot to wade through :-(

Thanks


MrCEO (GAWCEO as he was know back then) stated this:

https://hashtalk.org/topic/18215
Quote
I have been waiting for someone to do the math on this for weeks, and so far no one has done it.

This post is for all of those skeptics that keep challenging us on our claims that Zenpool is the most profitable pool.

Let's use some basic logic. When you say that “one company is more profitable than another,” what does that mean at this second, or over any time-frame? If Apple has a bad sales day, and our sales are better than theirs on that single day, are we now a more profitable company?

By definition, “most profitable” should mean over a period of time. What is that period of time?

Since they launched!

Let's do some actual math and settle this. If you’re up to the challenge, add up how much money Zenpool has paid out since it launched. Then do the same thing with any other pool over the same time-frame.

Zenpool is the world’s most profitable pool.  Smiley

As usual, "let's do some actual math" and failed to provide any numbers. I was tracking profitability for some time, and many others were doing that, so there is no question that ZenPool was the best-paying Scrypt pool per MH/s for about two months until mid-October, but only if you subscribe to GAW's definition of a pool represented by PNGs on their website. There was no way for outside miners to connect the the pool.

As for total hashrate - that's a whole different discussion. There was no information on the amount of hashrate aside from ~250 GH/s early on in August,  and no proof of Scrypt or SHA256 mining taking place.
legendary
Activity: 1582
Merit: 1019
011110000110110101110010
Serious question... srly SERIOUS.

Garza and company have repeatedly made the statement: That Zenpool is “The Worlds Most Profitable Pool." I have example of these statements from around Sept - Nov 2014.

QUESTION:
-- Has there ever been any stats of solid information released to back up this claim?
-- Is there any estimated any where showing the "profitability" of Zenpool at that time (or even just it's total hashing rate).
-- Was there any larger mining pools (for BTC or Hashcoins(?) or Paycoins) operating at the same time?

Doing some research... and 1400 pages is a lot to wade through :-(

Thanks


1400+ pages summarized: He speaks lies about everything he does to separate people from their money. That is all you need to know.
member
Activity: 70
Merit: 10
Serious question... srly SERIOUS.

Garza and company have repeatedly made the statement: That Zenpool is “The Worlds Most Profitable Pool." I have example of these statements from around Sept - Nov 2014.

QUESTION:
-- Has there ever been any stats of solid information released to back up this claim?
-- Is there any estimated any where showing the "profitability" of Zenpool at that time (or even just it's total hashing rate).
-- Was there any larger mining pools (for BTC or Hashcoins(?) or Paycoins) operating at the same time?

Doing some research... and 1400 pages is a lot to wade through :-(

Thanks
sr. member
Activity: 252
Merit: 250
lol you can get a WP setup on fiverr for 5.00 and if you're nice to the guy he'll toss in some extras lol Paycoin is the worlds fair of scams.
hero member
Activity: 534
Merit: 500
I think there are two camps left in this coin, maybe three.  That web designer is the first.

1. Making BTC off the scam. (All the wannabe merchants that charge crazy prices for junk)
2. Scamming to make a BTC. (Josh and whoever else is pulling the strings)
3. Hashtards, fully invested and no clue.

**Me, scammed and now I'm on the sidelines poking fun.
legendary
Activity: 882
Merit: 1024
yep love this thread very entertaining and learning a lot about con

@vancefox not forget you , nice work deserves some tip

Interesting coins also to review: Hyperstake (HYP) and Bottlecaps(CAP)/Habonickels(HBN) last two same dev.

But then other algorithms, too

Yeah I'm a huge Hyperstake fan, these are some of my favorite alts right there.

Mine, too Smiley

Love Bottlecaps (CAP) 200% PoS

Like the Idea collecting crypto bottlecaps very much. Tranz good dev Smiley


LoL i hear mineral exchange can let stake PayCoin 90 days for 5%.

90 days , lol long time in crypto.

Two words. Optimus Primes Smiley
sr. member
Activity: 406
Merit: 260
The Scamcoats are coming!
Some lighter fare from the nuthouse:


$50 to do an hour or two worth of tech work. Seems reasonable to me, even cheap. And, it is $25 if you want to pay in Paycoins! Wooh hoo! Right?

Not on Hashtalk.


Sleak, the child member of Team Paycoin attacks this guy for offering to accept XPY. WTF? Seriously? He is part of the team promoting Paycoin? This whole operation is just a bunch of scumbag scammers, idiots, assholes and a few hapless victims.

 
Go Team Paycoin!  

https://hashtalk.org/topic/35722/xpy-at-1-today-spend-your-xpy-at-1-today-buy-nice-web-design-service-p/10
Archive: https://archive.today/HgbeZ
sr. member
Activity: 252
Merit: 250
https://i.imgur.com/junmQOi.jpg
https://hashtalk.org/topic/35633/i-saw-this-and-thought-of-coinfire/87
Archive: https://archive.today/BLSQr

I have received a few death threats from these delusional morons as well, but nothing I consider serious, like what Mike is describing here.

What are they ISIS now going after journalists?  Can this scum bag Garza sink any lower.
sr. member
Activity: 458
Merit: 250
Jesus Christ. Dead animals in the mail? That's one step away from a treasured racehorse's severed head under the sheets.

And how would anyone know the places CoinFire frequents? Did someone hire a PI to follow him? Spend actual money on silly threats?

And what if the threats worked? That wouldn't change the reality behind the reports. That's the big thing I don't understand. What could these threats possibly accomplish?

If that is the case it has to be Josh or somebody at the top. The Hashtards can barely afford a pizza with what they have lost, so how could they afford to hire a P.I.

The Jonah Dorman post a few days ago mentioned being threatened and followed by suspicious cars. https://bitcointalksearch.org/topic/just-like-hashtalk-posts-poof-1007627 . Looks like Josh Garza is a more sinister specimen that we imagined.
hero member
Activity: 532
Merit: 500
That would be totally hilarious if Josh hired Mike Johnson for his PR director.  I wonder what the announcements would look like then?

They would look like this:

Quote
I quit.
hero member
Activity: 532
Merit: 500
You know it's a great investment when the operators (and/or their shills) resort to sending dead animals through the mail!

It might be some of the criminals that Josh solicited seven figure investments from. Organized crime, FTW
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