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Topic: GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :) - page 1354. (Read 3377922 times)

legendary
Activity: 1246
Merit: 1024
They actually believe the law is stopping Homero. Not the fact he doesn't have the money or would even give them a dime. He's in the business of taking Bitcoin and fiat, not giving it away.

Sounds like a profitable business. Many have tried it and others will continue to try and take btc away from stupid people and give nothing back for it.  Lips sealed
legendary
Activity: 2912
Merit: 1060
They actually believe the law is stopping Homero. Not the fact he doesn't have the money or would even give them a dime. He's in the business of taking Bitcoin and fiat, not giving it away.
sr. member
Activity: 252
Merit: 250



Same ol' same ol'

losing your btc wasn't enough?
need some credit card debt too?
did  you wake up this morning and think
hmm the first thing i want to do is send
some shady douchenozzle my CC info
lol just hang on then and keep on staking!
legendary
Activity: 1582
Merit: 1019
011110000110110101110010
Someone has been missing from this equation from day one, perhaps the only person who can talk some sense into dear Homero. Knowing that all Homero is capable of in reality is nothing more than dreaming up ridiculous domain names and registering them we find the following:

http://www.webboar.com/whois-name/aG9tZXJvIGdhcnph

there amongst a sea of his pathetic child-like fantasy domain names, stands out one in particular:

drhgarza.com   Shocked

Dr. H Garza.

We know his mother's name is Hope and that she not too long ago remarried.

Can this Dr. H Garza. be the missing link? The only one to be able to reel in this wayward child? Where and who is this good Dr H Garza pray tell?

http://www.webboar.com/whois-name/am9zaCBnYXJ6YQ==

"ILoveMyJessica.com" GAWWWWW ain't that sweet?
hero member
Activity: 1316
Merit: 502
Someone has been missing from this equation from day one, perhaps the only person who can talk some sense into dear Homero. Knowing that all Homero is capable of in reality is nothing more than dreaming up ridiculous domain names and registering them we find the following:

http://www.webboar.com/whois-name/aG9tZXJvIGdhcnph

there amongst a sea of his pathetic child-like fantasy domain names, stands out one in particular:

drhgarza.com   Shocked

Dr. H Garza.

We know his mother's name is Hope and that she not too long ago remarried.

Can this Dr. H Garza. be the missing link? The only one to be able to reel in this wayward child? Where and who is this good Dr H Garza pray tell?
legendary
Activity: 910
Merit: 1009
https://chainz.cryptoid.info/xpy/address.dws?PC4FduchmWbHNYgkHeaB1foMDyhgpJszh6.htm

quite interesting address. most outputs if we ignore address #6 on the rich list
12 mil xpy
legendary
Activity: 2912
Merit: 1060
Sweet all time low! While paycon is rallying.
sr. member
Activity: 448
Merit: 254
Yes :-) Hell I figure why not? It's already a tits up coin why not go the extra mile?

Hell of a risk.  You could find yourself a bag holder at any moment.  How its lasted this long is amazing.  One piece of bad (actually good) news could be its final death spiral.  Just think what would happen if Josh called it quits and dumped whats left of the premine on the market.  Instant bloodbath and zero chance of ever recovering.
full member
Activity: 376
Merit: 101
HOW TO Buy  MINER HASLET

DON'T

Yes :-) Hell I figure why not? It's already a tits up coin why not go the extra mile?

I'm afraid you're going to be quite lonely in this mission to help Mr. Garza and Bitcoin Bar make money Smiley

Maybe Bitcoin Bar is the new CEO as no one seems to be able to workout who is!
sr. member
Activity: 448
Merit: 254
GAW was an obvious scam in its cloud mining days.  Thats already collapsed but they still limp on with their scam coin.  Thats just about finished too.

I completely disagree about it being obvious back then. In fact, I'm still not sure the cloud mining was a scam. He misrepresented what they were, at least in the case of Zen and Prime, but there's no evidence he was trying to cost his customers money. I don't think any fraud entered into it until he started making promises he had no intention of filling and lying about deals and resourses in place regarding his altcoin in an attempt to boost its value. That's when the scam started.

Remember, his whole idea from day one was to hook them in with cloud mining, take the loss over doing the mining himself so he would have a customer base for his new product. It totally worked, but the cloud mining was always supposed to make people money.

I will quote from the cloud mining 101 risk assessment thread

1+4+5+~7  4/7*= Possibly/partially legit based on criteria set forth. Based on wider context: more suspicious than a nun squatting in a cucumber field

Criteria to help you spot a cloud mining scam/ponzi.

Quote
1) No public mining address / no user selectable pool.
A cloud mining company that wont let you direct the hashrate to your pool of choosing and cant prove its actually mining bitcoins itself, is very likely a scam. There is no reason to hide mining address or not sign blocks. None.

2) No endorsement from any asic vendor
Asic vendors will gladly make a simple post to show the company in question is a significant customer of theirs. Its free advertisement for them and it helps their customer grow their business, so there is absolutely no reason they wouldnt. If a (cloud) mining company cant get any asic vendor to post such endorsement, you should assume they dont have any hardware to mine with.

3) No relevant pictures of their hardware and datacenter
There is no reason not to provide such pictures, except of course, if there is nothing to take pictures off. Mind you: pictures can be faked. Picture dont prove current ownership. So like all criteria listed here, by themselves they are by far insufficient proof.

4) Open ended IPO / fractional reverse mining risk
Unless the cloud mining is operated by the asic vendor himself, you can not sell an unlimited amount of hashrate. Hardware takes (usually a long) time to order, arrive and deploy. Any company that doesnt limit sales or make public how much hashrate they sold vs what they have (provably) deployed should be considered  suspicious.

5) Referral programs and social networking
Referral programs, especially ones that pay almost 10%, are a huge red flag. The mining market is cut throat with razor thin margins. No real company can afford to pay 10% referrals on below market cloudmining prices. Referral programs almost always serve only to feed the ponzi and provide financial incentive to posters to lie about the true nature of the company. Never trust anyone with a referral link in their sig.

6) Anonymous operators
If the operators are hiding behind whoisguard, provide no provable identity and especially when, like in some cloudmining cases, they use demonstrably false ID or company registration information, you have to be nuts to trust them with your money.

7) No exit strategy
If you cant sell your position, you cant get your money out. Thats the ideal case for a ponzi and allows it to run for a  long time.

8 ) Bonus point for "guaranteed profit"
So far, Ive only seen bitcoinmaker.ch do this. If anyone guarantees you a bitcoin denominated profit, and especially a 30+% one, you can be sure its a ponzi, all the other criteria become unimportant. There is no such thing as certain profit when it comes to mining, no one knows how the network will evolve, or what btc exchange rate will do. If anyone could somehow be certain of making a 30% profit, they wouldnt need your money (and they wouldnt give the profit to you).

1) Was the biggest red flag.  Legit Cloud miners dont hide this.  In fact the ones that collapsed have all hidden theirs probably because they dont have one!

2)  They avoided only because of that 5PH purchase from bitmain.  It sadly looks like these are the ones they are selling now and may have been their only miners.

3)  They should have received a point for 3 to be honest.  Most of their pics were obviously shopped or showed a fraction of the claimed mining power

4) Well obviously they never sold out of Haslets even when claims hit crazy amounts like 35PH/s.  I wont even go into script mining power as a percentage of the network...

5) Referral programs.....

6) Wow one they  legitimately deserved to get a pass on.  We know whos behind this.

7)  This one has changed back and forth a few times.  At least an exit strategy exists again

Cool Personally i would give them a bonus point for Always profitable and never obsolete

So personally i would give them a 6/7 or 7/7 depending on if the hashmarket is open at the time for an exit if needed.

People keep investing in companies with these obvious red flags and wonder why it turns out to be a scam.  If i decided to get into cloud mining anyone failing point 1 wouldn't even get a look in.  I mean FFS you could even rent GH/s yourself to produce that proof yet cloud mining ponzis refuse to even do this.
legendary
Activity: 994
Merit: 1000
HOW TO Buy  MINER HASLET

Don´t, buy PayCon (CON) instead: https://c-cex.com/?p=con-btc

Great things to come and who knows maybe 1$ worth soon ™

Why not, even that crappy PayCoin is worth 70cents 
sr. member
Activity: 420
Merit: 260
HOW TO Buy  MINER HASLET

Why on earth? Are you high?  Huh Shocked Huh
hero member
Activity: 534
Merit: 500
Guys I have a crazy new idea. Yes paycoin is a shitcoin but let's have some fun. Let's see how the paycoin community is reacting to crazy posts. For those that have still have hashtalk accounts let's try a reverse FUD. Try posting "Hold on to your coins a little bird told me..." and other such posts. Let's see how easily this shitcoin can be manipulated. I think already we've reached a new epic record of posts. All of us, myself included, have warned and warned and pointed to evidence saying this is a scam, but it's obviously have fallen of deaf ears. Hey, the day traders could make a few points just day trading the stuff. Let's try some positive posts on hastalk for the fuck of it. Thank god I never bought this turkey but did make a shitload selling hash on nicehash.
I'm spreading a little reverse FUD.  It is fun!
ZiG
sr. member
Activity: 406
Merit: 250
HOW TO Buy  MINER HASLET

...that "ALWAYS MAKE MONEY"... Huh Huh Huh

What a Ultimate Crap...LOL... Grin Grin Grin

ZiG
legendary
Activity: 3654
Merit: 8909
https://bpip.org
HOW TO Buy  MINER HASLET

DON'T

Yes :-) Hell I figure why not? It's already a tits up coin why not go the extra mile?

I'm afraid you're going to be quite lonely in this mission to help Mr. Garza and Bitcoin Bar make money Smiley
full member
Activity: 343
Merit: 100
Alirght! Used my dust to buy .9 of a paycoin. Whoo Hoo! To the moon! I want to lose on paycoin too!
full member
Activity: 343
Merit: 100
See? The bullshit goes so high you need wings to stay above it. Lol.
full member
Activity: 150
Merit: 100
http://goo.gl/W11Kjy
full member
Activity: 343
Merit: 100
Yes :-) Hell I figure why not? It's already a tits up coin why not go the extra mile?
hero member
Activity: 493
Merit: 518
Guys I have a crazy new idea. Yes paycoin is a shitcoin but let's have some fun. Let's see how the paycoin community is reacting to crazy posts. For those that have still have hashtalk accounts let's try a reverse FUD. Try posting "Hold on to your coins a little bird told me..." and other such posts. Let's see how easily this shitcoin can be manipulated. I think already we've reached a new epic record of posts. All of us, myself included, have warned and warned and pointed to evidence saying this is a scam, but it's obviously have fallen of deaf ears. Hey, the day traders could make a few points just day trading the stuff. Let's try some positive posts on hastalk for the fuck of it. Thank god I never bought this turkey but did make a shitload selling hash on nicehash.

Have you been drinking?
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