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Topic: GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :) - page 1198. (Read 3377857 times)

full member
Activity: 210
Merit: 100
If it is all rolled into one CAL GAW can hire a crack legal team to fight it and most likely win

With what money? GAW is broke. Garza pulled his hefty salary for as long as he could, and now there's nothing left. They have to sell all of their XPY just to make payroll and pay for basic internet services.

Suing GAWminers won't do much. You have to sue the people who have profited from the scam. For that, you have to know who has Prime Controllers, or at least the ones that stake at that insane rate.

So you're saying all the claims about how GAW made money off this were just lies?

Correct, GAW PR claims about fancy domain purchases and corporate acquisitions were just lies.

The company has been bleeding cash for a long time, likely since before hashlets even when they tried to undercut everyone with ASIC pricing.

$100 million business this ain't.

There seemed to be a bunch of people in this thread saying that gaw was making a lot of money from dumping, but also a lot of people saying that gaw is broke. There isn't a coherent narrative that ties those two together; if it was a scam (which it clearly is at this point), then it must have made money for someone. To claim that gaw is both smart enough to pull off the scam and then incompetent enough to not make any money from it breaks suspension of disbelief.

Something still doesn't add up.
sr. member
Activity: 406
Merit: 260
The Scamcoats are coming!
ikeboy, you are a complete imbecile and posterchild for the clueless, financially illiterate children who are taken advantage of by scammers like GAW/Garza. To honest people, a corporation is an entity created to produce goods or services for profit. To a fraudster, a corporation is a tool to bilk investors of their money and funnel it into their own private pockets. Once the fraud is complete and the now bankrupt corporation is collapsing it is discarded, along with any liability. That is how the big boy criminals rip people off. Now you know.
legendary
Activity: 3654
Merit: 8909
https://bpip.org
They bled the profits out of the GAW corporate coffers into private (anonymous) wallets ya effing numbskull ikeboy. It's called "embezzlement" , look it up.

It won't do much against a legal judgement, eventually they'd have to move it back into fiat of some sort.

And besides, if you know about it, obviously it isn't "private".

At worst, you could file liens on anything they own.

Like rented houses and leased cars?
legendary
Activity: 3654
Merit: 8909
https://bpip.org
If it is all rolled into one CAL GAW can hire a crack legal team to fight it and most likely win

With what money? GAW is broke. Garza pulled his hefty salary for as long as he could, and now there's nothing left. They have to sell all of their XPY just to make payroll and pay for basic internet services.

Suing GAWminers won't do much. You have to sue the people who have profited from the scam. For that, you have to know who has Prime Controllers, or at least the ones that stake at that insane rate.

So you're saying all the claims about how GAW made money off this were just lies?

Correct, GAW PR claims about fancy domain purchases and corporate acquisitions were just lies.

The company has been bleeding cash for a long time, likely since before hashlets even when they tried to undercut everyone with ASIC pricing.

$100 million business this ain't.
full member
Activity: 210
Merit: 100
They bled the profits out of the GAW corporate coffers into private (anonymous) wallets ya effing numbskull ikeboy. It's called "embezzlement" , look it up.

It won't do much against a legal judgement, eventually they'd have to move it back into fiat of some sort.

And besides, if you know about it, obviously it isn't "private".

At worst, you could file liens on anything they own.
sr. member
Activity: 406
Merit: 260
The Scamcoats are coming!
They bled the profits out of the GAW corporate coffers into private (anonymous) wallets ya effing numbskull ikeboy. It's called "embezzlement" , look it up.
full member
Activity: 210
Merit: 100
If it is all rolled into one CAL GAW can hire a crack legal team to fight it and most likely win

With what money? GAW is broke. Garza pulled his hefty salary for as long as he could, and now there's nothing left. They have to sell all of their XPY just to make payroll and pay for basic internet services.

Suing GAWminers won't do much. You have to sue the people who have profited from the scam. For that, you have to know who has Prime Controllers, or at least the ones that stake at that insane rate.

So you're saying all the claims about how GAW made money off this were just lies?
sr. member
Activity: 406
Merit: 260
The Scamcoats are coming!
So, is this the "big announcement"? Perhaps I am missing something, but I only see two options, not three. 1 Convert into Cashtaker which may be sold in a marketplace or a voucher for some new cloud mining system. That is two. And what about compensation for the time Hashlets have been turned off?
legendary
Activity: 3654
Merit: 8909
https://bpip.org
Customers' original purchase price is a minefield.

So if you bought a Prime from the market for $70, will they give you a $70 voucher (the customer's original price) or a voucher for the original purchase price?

If it's the original purchase price, how do you know if you have a $15 prime or a $50 prime? There's no difference on the market.

What if the "cutting edge" mining platform is Joe's 45-day project. GAW could be very generous with those vouchers if they never leave GAW's ecosystem. $1 or $100 worth of "cloud", who cares.
hero member
Activity: 532
Merit: 500
Customers' original purchase price is a minefield.

So if you bought a Prime from the market for $70, will they give you a $70 voucher (the customer's original price) or a voucher for the original purchase price?

If it's the original purchase price, how do you know if you have a $15 prime or a $50 prime? There's no difference on the market.
sr. member
Activity: 406
Merit: 260
The Scamcoats are coming!
Yes, I agree that GAW has most likely been bled dry, but I bet Homero would scrounge enough to put up a defense if a major lawsuit were brought against GAW/Garza. No matter what I suspect no one will ever get compensated, because of the "Can't get Blood out of a Stone" axiom.

I watched another of the Hashking contest videos and I busted out laughing at this one as well.

Hey KoolAid! https://www.youtube.com/watch?feature=player_detailpage&v=preE2bUYgQ4#t=73 Oh Yeaah!
legendary
Activity: 3654
Merit: 8909
https://bpip.org
Vouchers incoming! (love the misspelled URL)

https://blog.paybase.com/hashlet-tol-announcement/
Edit: updated link https://blog.paybase.com/hashlet-eol-announcement/

Quote
Hashlet EOL Announcement

On February 17, 2015, the announcement was made that the Hashlet end of life was imminent. That day has come. The Hashlet program will end in 30 days, on Friday, April 10 at midnight.

As we indicated in our last announcement, the creation of three options has been developed to ensure terms are met and customers are satisfied. The three options are:

    There will be a period of time where there will be a conversion opportunity. This will allow Hashlets to be converted to HashStakers with the goal of continued profitability. As is widely known, HashStakers are time based, so notification will be provided on how long the HashStaker program will last before it expires, before the conversion takes place.

    A HashStaker Marketplace will be created where HashStakers may be bought or sold.

    GAW Miners is forming a partnership with a new, next generation and cutting edge cloud-mining platform. Should a decision be made to leave a Hashlet in its current form, it will be automatically converted to a voucher, equal to customers’ original purchase price that will be redeemable in the new platform.

These options can be taken advantage within the next 30 days. To reiterate Option #3, if Hashlets are left in their current form, they will be converted to a voucher equal to the customers’ original purchase price.

Please contact our customer service department should you have any questions at 866.554.5861. To create a customer service ticket, please use the following link: https://gawminers.freshdesk.com/support/home.

Thank you.
hero member
Activity: 532
Merit: 500
If it is all rolled into one CAL GAW can hire a crack legal team to fight it and most likely win

With what money? GAW is broke. Garza pulled his hefty salary for as long as he could, and now there's nothing left. They have to sell all of their XPY just to make payroll and pay for basic internet services.

Suing GAWminers won't do much. You have to sue the people who have profited from the scam. For that, you have to know who has Prime Controllers, or at least the ones that stake at that insane rate.
sr. member
Activity: 406
Merit: 260
The Scamcoats are coming!
I guess Homero really took the old saying "If you can't beat 'em, Join 'em" to heart..... Roll Eyes
member
Activity: 154
Merit: 10
This is comedy gold...


http://imgur.com/a/bSdxl/embed#2

http://imgur.com/a/bSdxl/embed#3

Josh talking on BCT about going after CEX for "scamming him"
Quote
I was scammed by him too this month

Quote
I want to see this POS come to justice I run a few national companies, as such I have my own legal team. Let me know how I can help

Quote
Look, this is the bottom line. In business you should never change a deal you already made. Period.

I have run many companies (50m plus), and I have made many deals I did not like. But I always homered a deal once I made it.

Bolded that typo because sorry, thats fucking hillarious. That should be a new* verb... "I heard all those Paycoin supporters really got Homered by that Homero guy."

Homered - Interchangeable term for Paycoined

All jokes aside... Anyone else see the blinding irony in these posts?

"You should never change a deal you already made" HuhHuh?? Like the Honor Program? Like the Always Profitable Hashlets? Like the [everything else Josh did]??

"I want to see this POS come to justice"  Who knew how many thousands of people would soon be saying the same thing about him only 12 short months later?


hero member
Activity: 532
Merit: 500
@ Coinits: That Honeybadger vid is some funny shit! Speaking of funny, err WEIRD, videos WTF did I just watch here?: https://www.youtube.com/watch?v=v3vB8D-SRMI

Hear him sing
while lying
and raping
everything
sr. member
Activity: 406
Merit: 260
The Scamcoats are coming!
A plethora of small suits against GAW/Garza would be much harder to fight and most likely more effective than a class action lawsuit. If it is all rolled into one CAL, then  GAW can hire a crack legal team to fight it and most likely win, whereas small lawsuits all over the country/world would be extremely expensive and time consuming to fight, and many would likely not even be contested because of this. Collecting once a judgement has been issued would probably be difficult though, as GAW would most likely simply refuse to pay.
hero member
Activity: 560
Merit: 504
I know the voices in my head aren't real.
i just got a personal jurisdiction decision on suing GAWminers from the 170th district court. since they shipped physical miners to me in texas, they have engaged in at least a small but significant amount of activity that constitutes state requirements for minimum contacts. so all the closet HT people on here who are too afraid to ask, yes they can be sued locally if they meet state requirements for jurisdiction i.e, shipped you a miner or product.
newbie
Activity: 43
Merit: 0
In other news, coindesk is giving away a mac  Grin

https://deals.coindesk.com/giveaways/the-macbook-pro-giveaway

Stupid, people will just switch their IP and submit 100's of those.
sr. member
Activity: 406
Merit: 260
The Scamcoats are coming!
@ Coinits: That Honeybadger vid is some funny shit! Speaking of funny, err WEIRD, videos WTF did I just watch here?: https://www.youtube.com/watch?v=v3vB8D-SRMI
https://hashtalk.org/topic/33508/5-xpy-bounty-what-is-your-best-song-that-outlines-the-past-current-and-the-future-of-xpy/7


"Paycoin sting, Merciless like Ming, takes our Jing, buys some Bling, Scamdan-cing, the HashScam King"
These people are seriously deluded BaTshIT Fucking CraZY!.
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