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Topic: GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :) - page 2098. (Read 3377790 times)

newbie
Activity: 31
Merit: 0

How is it a ponzi scam? thy have x numbers of prime controllers. They set aside y amount of hashtakers for their customers, people pay them some money to get a share of a higher value object. They then get paid for the shares(stakers) they have in the controller. This helps gaw by locking up a shit load of coins creating artifical scarcity.

Im not a huge supporter of gaw, got fucked over hard twice with them but with all the shit that has been flung at them the SEC and others would have shut them the fuck down by now surely?

@homero_ilikebbcinass you lose all credibility when you make abrand new account, name it that then just sit spitting out bile. Do it on your main account

You talk like the prime controllers exist........ Tongue

We will see monday. Im not so heavy into it that a price meltdown will kill me but im not going to listen to most of the vitriolic stuff on here that is either rehased crap or baseless accusation with a few legit grievences tucks in the middl
newbie
Activity: 31
Merit: 0
So he's selling Proof-of-Stake staking as a 'cloud' service? WTF?

Why would anybody choose to centralise their wallet on his 'cloud' service when you can easily download a PoS wallet and just have it running on a regular PC and staking as it should?

That's the whole point of PoS coins, to eliminate the need for constant PoW mining. It makes no sense to run a PoS wallet on someone else's server, unless you were trying to convince people you were selling them something they were quite ill-informed about and didn't realise the absurd nature of what was being shilled to them.



the ones gaw are selling are shares in the prime controller, so you get a much higher rate then staking in your wallet as well as daily returns.

This is known as a Pyramid Scheme. Exactly like Amway or any of the other scams where those who buy in early get a seat closer to the top of the pyramid and leach off of all of the poor suckers who are conned into buying in later. These "winners" (Prime Controllers) are held up as examples of how much one can earn to con others into buying in at the bottom and will never actually have the opportunity to reach that status. When suckers stop buying in at the bottom, the pyramid collapses.

How is it a ponzi scam? thy have x numbers of prime controllers. They set aside y amount of hashtakers for their customers, people pay them some money to get a share of a higher value object. They then get paid for the shares(stakers) they have in the controller. This helps gaw by locking up a shit load of coins creating artifical scarcity.

Im not a huge supporter of gaw, got fucked over hard twice with them but with all the shit that has been flung at them the SEC and others would have shut them the fuck down by now surely?

@homero_ilikebbcinass you lose all credibility when you make abrand new account, name it that then just sit spitting out bile. Do it on your main account
newbie
Activity: 56
Merit: 0
How is pointing out an obvious scam "complaining"? It isn't. I have and will continue to make money off of this obvious scam. I do however have empathy for those suckers who are blindly throwing away huge sums of money on something that by every indication is a scam designed to part them with their money.

Your a hypocrite

greedy dirty bags like you are what people on this thread should be whining about. and yes your clearly complaining. GAW can do what you cant so you complain while you scam people personally

newbie
Activity: 56
Merit: 0
Has anyone the 28000Btc gaw adress?? The recent btc drop might be gaw cashing out.
I'm just going to end all this nonsense here. GAW has nothing to do with Bitcoin prices at all. Take a look at who the real market movers are and what nation they're in.  CHINA HAS 10x THE VOLUME OF THE U.S. ON AVERAGE ON ANY GIVEN TIME ON ANY GIVEN DAY ON ANY GIVEN MONTH ON ANY GIVEN YEAR. EVERYBODY GOT IT?! GOOD

Because a US citizen, intent on committing a massive ponzi-style fraud, would seek to cash-out his illicit BTC through US-based exchanges and bank accounts, right?

People who are devious enough to keep a ponzi scheme in a state of ever-changing shape-shifting promotions and marketing wouldn't be dumb enough to cash out to fiat in the US.

you forgot to mention your tinfoil hat... No self-respecting conspiracy theorist would be caught dead making ponzi scheme claims without theirs
sr. member
Activity: 406
Merit: 260
The Scamcoats are coming!
How is pointing out an obvious scam "complaining"? It isn't. I have and will continue to make money off of this obvious scam. I do however have empathy for those suckers who are blindly throwing away huge sums of money on something that by every indication is a scam designed to part them with their money.
sr. member
Activity: 258
Merit: 250
In perspective

He's a business man running an investment plan
The main investors expect results
He puts the heard on thin ice
The small that loose will blame themselves for moving the wrong way
When the sins of the old system become more apparent Josh will be viewed more as a saint


itll be gaws largest clients that end up being fucked notice josh hinting the smaller customers relax u can go and him hinting to the bigger guys u cant dump were setting bs limits and we want your personal info im very much hopeing to take my money and be running soon
Large clients of this nature don't move that sort of money around unless they sigh'n a contract of what will happen. they will gain the most.
The rest are on thin ice for now, to differing degrees.
In the end the majority of heard will win the least

milking the green stuff
newbie
Activity: 56
Merit: 0
It looks like the pumping attempts are getting a bit desparate:

https://twitter.com/gawceo/status/545115919337680896

Quote
Josh Garza @gawceo  ·  30m 30 minutes ago
It's exiting to see so may new companies start up around xpy

Name one... oh wait, NDA?

He can't spell exciting
no he meant exiting Smiley as in exiting to brazil.

Guys/gals. im going to start a winner takes all even split if many people use the same answer bet.

0.05 btc gets you in. Name the location josh garza will flee to when the ponzi is exposed.

who wants in?
I wonder if gaw_gm, Eric or Joe will send commissary to Josh when he is @
The Federal Correctional Institution, Danbury <<<(I'll bet he ends up here)
I am waiting for one of them to expose what is going on here, I think that will break this thing wide open.
I am betting on gaw_gm to be the 1st one, Jonah? Why I say him, something tells me "he seems honest". Dum Dum should of let him do all the talking..

Oh please messiah, please, please, please enlighten us as to what EXACTLY is going on (and dont forget the proof this time huh?). These guys have had less problems than TONS of big companies. Check out BBB.org for one extremely simple example.

You all talk about this place, and that place. But if there's so many issues, why is it not in the real news? & I certainly don't mean some yo-yo's online "news site". The Inquirer & The Star has a "news" website. Hell I have a website LMAO

if xpy is so successful and revolutionary why isnt it in the news for promotion..... works the same both ways hmmm? no sorry a wsj blog is not wsj either. wheres time, forbes etc. please answer that question.

you answered my question with a question...

I hope you realize im not on forums claiming the coin is a superstar & should be on the news. But this thread is quite full of claims that its all a big ripoff. With zero proof. If it were up to these people it would be the new salem witch hunts at gaw headquarters. To me it seems like the same thing. Literally a bunch of teenage girls claim "the devil" is taken control of priests, nuns, and merchants.So a just as out of control, rumor filled community makes fear based accusations/ assumptions and hurts common good people. That did nothing wrong.

As I said before the government agencies touted so many times here can and will shut a company down when wrongs have been done. 3 out of 4 people that made real complaints against this company have had successful resolutions. The rest are just complaining because they're ignorant
sr. member
Activity: 406
Merit: 260
The Scamcoats are coming!
So he's selling Proof-of-Stake staking as a 'cloud' service? WTF?

Why would anybody choose to centralise their wallet on his 'cloud' service when you can easily download a PoS wallet and just have it running on a regular PC and staking as it should?

That's the whole point of PoS coins, to eliminate the need for constant PoW mining. It makes no sense to run a PoS wallet on someone else's server, unless you were trying to convince people you were selling them something they were quite ill-informed about and didn't realise the absurd nature of what was being shilled to them.



the ones gaw are selling are shares in the prime controller, so you get a much higher rate then staking in your wallet as well as daily returns.

This is known as a Pyramid Scheme. Exactly like Amway or any of the other scams where those who buy in early get a seat closer to the top of the pyramid and leach off of all of the poor suckers who are conned into buying in later. These "winners" (Prime Controllers) are held up as examples of how much one can earn to con others into buying in at the bottom and will never actually have the opportunity to reach that status. When suckers stop buying in at the bottom, the pyramid collapses.
newbie
Activity: 31
Merit: 0
So he's selling Proof-of-Stake staking as a 'cloud' service? WTF?

Why would anybody choose to centralise their wallet on his 'cloud' service when you can easily download a PoS wallet and just have it running on a regular PC and staking as it should?

That's the whole point of PoS coins, to eliminate the need for constant PoW mining. It makes no sense to run a PoS wallet on someone else's server, unless you were trying to convince people you were selling them something they were quite ill-informed about and didn't realise the absurd nature of what was being shilled to them.



the ones gaw are selling are shares in the prime controller, so you get a much higher rate then staking in your wallet as well as daily returns.
sr. member
Activity: 406
Merit: 260
The Scamcoats are coming!
In perspective

He's a business man running an investment plan
The main investors expect results
He puts the heard on thin ice
The small that loose will blame themselves for moving the wrong way
When the sins of the old system become more apparent Josh will be viewed more as a saint



So now Saint's Con you out of your money and treat you like a fool? I must have read a different bible... Roll Eyes
sr. member
Activity: 700
Merit: 294
Walmart didn't even let GYFT use it's gift cards to sell...do you really think they would get behind something like this? Read their ToS Wink I'll do ya one better and post some of Walmart's Terms of Use.

"You are prohibited from:

•     Violating or attempting to violate the security of the Walmart Sites; 
•     Using any device, software, or routine to interfere or attempt to interfere with the proper working of the Walmart Sites; or
•     Using or attempting to use any engine, software, tool, agent or other device or mechanism (except the search mechanisms provided by Walmart or other third party web browsers) to navigate or search the Walmart Sites.  "

Those TOS are pretty vague.  By the letter of the law, Google is breaking Walmart's TOS by providing direct links to products on Walmart's page.  According to the letter of the TOS, you can only use Walmart's search engine.

Pfffffft.


GAW and Walmart have not established a contract, so GAW can't be held liable if *YOU* use the paycoin plugin.
sr. member
Activity: 258
Merit: 250
In perspective

He's a business man running an investment plan
The main investors expect results
He puts the heard on thin ice
The small that loose will blame themselves for moving the wrong way
When the sins of the old system become more apparent Josh will be viewed more as a saint

hero member
Activity: 966
Merit: 546
So he's selling Proof-of-Stake staking as a 'cloud' service? WTF?

Why would anybody choose to centralize their wallet on his 'cloud' service when you can easily download a PoS wallet and just have it running on a regular PC and staking as it should?

That's the whole point of PoS coins, to eliminate the need for constant PoW mining. It makes no sense to run a PoS wallet on someone else's server, unless you were trying to convince people you were selling them something they were quite ill-informed about and didn't realise the absurd nature of what was being shilled to them.


He probably will just create more coins to pay people out...there probably isn't any more staking going on than mining when he was selling hashlet to mine with. Essentially he'll just be inflating the coin. The add-on he's going to be trying to sell to people to get them to use the coin breaks every single retailer's ToS.
legendary
Activity: 2240
Merit: 1254
Thread-puller extraordinaire
So he's selling Proof-of-Stake staking as a 'cloud' service? WTF?

Why would anybody choose to centralise their wallet on his 'cloud' service when you can easily download a PoS wallet and just have it running on a regular PC and staking as it should?

That's the whole point of PoS coins, to eliminate the need for constant PoW mining. It makes no sense to run a PoS wallet on someone else's server, unless you were trying to convince people you were selling them something they were quite ill-informed about and didn't realise the absurd nature of what was being shilled to them.

sr. member
Activity: 668
Merit: 257
Uh Oh. Is Paycoin Wanked?



no, it's just the diff shot up temporarily when that was screenshot

The difficulty is going to the moon very rapidly , not "shooting up temporarily". I suspect the difficulty will taper off after POW is over. That is what it is and obviously it isn't profitable for a real miner (you know- the guys with actual hardware) to be bagging XPY anymore. However note that the ads clearly state "Fixed difficulty rate". Promise anything and then deliver excuses with pre-made fancy catch terms. Sure smells like a scam to me.


The difficulty has been very volatile due to the 1 block, 1 minute retarget. That said, the average difficulty resets have been to very LOW levels than they should be. With the price at .02 BTC, the difficulty should be around 1.8 Billion, but it's regularly 300M-700M

THAT is fishy.
sr. member
Activity: 406
Merit: 260
The Scamcoats are coming!
Uh Oh. Is Paycoin Wanked?



no, it's just the diff shot up temporarily when that was screenshot

The difficulty is going to the moon very rapidly , not "shooting up temporarily". I suspect the difficulty will taper off after POW is over. That is what it is and obviously it isn't profitable for a real miner (you know- the guys with actual hardware) to be bagging XPY anymore. However note that the ads clearly state "Fixed difficulty rate". Promise anything and then deliver excuses with pre-made fancy catch terms. Sure smells like a scam to me.



But hey, Josh says it's true so you should mortgage the house while the wife is at work and "invest" everything in XPY....

P.S: Gotta LOVE the catchy slogan "There's a better way to make crypto".  That is the only truthful statement I can find in that ad. The problem is, it is only a better way for the scam artist running this boondoggle to make boatloads of crypto, not the poor saps sinking money into this pit.
sr. member
Activity: 668
Merit: 257
Uh Oh. Is Paycoin Wanked?



no, it's just the diff shot up temporarily when that was screenshot
sr. member
Activity: 258
Merit: 250
Not a ponzi
the heard is stuck in quick sand
if you move the wrong way
your ponzid
sr. member
Activity: 668
Merit: 257


Cantor fitzgerald? You mean Stuart frazer right? I doubt he is in at all... just a name used else he'd be posting somewhere with support for his investment. Nobody will question it though and if he did speak up josh would likely make a fake account pretending to be him. Maybe its time to send an email to cantor fitz to see if they really are "in on it".

Stu Frazer is an investor and board member of Great Auk Wireless and GAW Labs -- these were Sr. Garza's forays into wireless telecom and VOIP.
If GAW mining is a subsidiary of one of those, then yes Mr. Frazer is also an investor but not an active decision maker. He just has some money sitting in there and I'm sure he is happy with the returns so far.
sr. member
Activity: 406
Merit: 260
The Scamcoats are coming!
Uh Oh. Is Paycoin Wanked?

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