Topic: GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :) - page 2152. (Read 3377790 times)

Any brave souls willing to try arbitrage?

Coin-swap seems to hold higher, unfortunately c-cex doesn't have any volume to speak of so maybe that's just a mirage.

https://coin-swap.net/market/XPY/BTC
https://c-cex.com/?p=xpy-btc

I tried this with two very politely skeptical posts.  The second one (where I asked if GAW really premined 12,000,000 out of 12,500,000 coins) got me shadowbanned, despite the fact that I don't think anyone could claim I was trolling or spreading FUD or being disrespectful. I would post the link for you, but since I am shadowbanned it won't show ;-)

Any chance to change the narrative here? Rather than wnaking yourself off about your brilliant mining conquests or how stupid HT'es are why not get onto HT and be subtitle, persuasive and rescue as many lost souls as possible?  Many real lives will be ruined by this siht, stop being smug greedy bastards and do something to help the factually challenged! If not for them for their innocent wives and kids.  Invade HT with reason even 1 innocents Christmas saved is worth it.

Messing with the first rule if its not broke dont fix it.

looks the pool is off again is that true another problem?

Hi Guys -
Been away again on business and have not been following this thread for the past 4 days or so. However, having just skimmed over some of the activity in my attempt to catch up, I must say I am disappointed.

If any of you truly agree with me and some others here who believe GAW/Zen is fundamentally a crypto-scam derived from blatant lies, why even consider renting hardware to others so they can feed the PayCoin hype engine?

Is a few days of heightened rental revenue really worth it?    

Is being part of the problem GAW/Zen continues fester really worth it?

As long as there are people supporting GAW/Zen's ventures with direct money, support, and/or hardware to facilitate a mining hashrate foundation, it does nothing to help those of us who are doing our best to stop the progression of what we see is a scam. In that regards, some of the GAW/Zen shills who are popping in here saying this conduct by some of the "haters" is hypocritical are actually correct.

Again, some of us have spent a lot of time and money to combat GAW/Zen up to this point with nothing expected in return. All we want is the truth to be known about this operation in question and its primaries who are still to this day laughing all the way to bank while touting how untouchable they are.

Continue to rent as many rigs and hash power as you want, but I would ask you to think twice before pointing any hardware to that waste of a crypto and the bandwidth it is sucking. Doing so does more harm than good - at any price.

Scott-

I will not claim to be an expert on paycoin. But I will try to answer things according to what I know/think.

The guarantee that hashstakers will have such a high yearly profit is only in terms of Paycoin. Just like any PoS coin you will get a certain amount of coin back. That is your profit. Now if you compare to BTC or Fiat it may be higher or lower depending on the exchange rate. So if people think that you buy $10 worth of paycoin and you will have $40 worth of paycoin they are sadly mistaken. They falsely assume that profit must mean your own currency of choice when in reality it is only in terms of Paycoin. ie: you buy 1 paycoin for $10 it by the end you have 4 coins so you have profited but paycoin is only worth $1 meaning you lost in terms of $$ but gained in terms of Paycoin.

The buy wall (assuming it shows up) was said to be $100 million. Only on paybase meaning on the exchanges it could be anything. If this wall shows up as promised it will act as a floor and a ceiling. So GAW would have to move that floor up in order to hit the $75 they are talking about. I think Sat will be a huge day to watch if the buy wall goes up we will have to see if it holds. There will be a bunch of people running for the door. The question will be will it be $100 million worth? Only time will tell.

I would have to go back and look but I do not think they guarantee $20. I think they said they will try to keep the floor of the price at $20 but people read it and assumed it is a guarantee. From what I have seen they said they will do it while funds last. Now there is logic in this because if it is there and as big as it should be that means people will jump in front of it for a penny, we see it all the time. So there is a chance that their funds will not be depleted due to people buying for slightly more than the buy wall in hopes of it going up.

We're only going to "miss the train" if paycoin is in fact a pump&dump scheme (or some other type of scheme).

Literally the only feature people care about is the $120m backing which nobody even knows exist. Why would anyone invest in something that may or may not exist? Actually I know why, It's the same reason people invest in any other get rich quick scheme. (greed + financial ignorance)


I think the cult thing started out as a joke but now it's far from a joke.

Here's a list of traits of a cult (bold if it applies to GAW):

• ‪ The group displays excessively zealous and unquestioning commitment to its leader and (whether he is alive or dead) regards his belief system, ideology, and practices as the Truth, as law.
• Questioning, doubt, and dissent are discouraged or even punished.
• Mind-altering practices (such as meditation, chanting, speaking in tongues, denunciation sessions, and debilitating work routines) are used in excess and serve to suppress doubts about the group and its leader(s).‪
• ‪The leadership dictates, sometimes in great detail, how members should think, act, and feel (for example, members must get permission to date, change jobs, marry—or leaders prescribe what types of clothes to wear, where to live, whether or not to have children, how to discipline children, and so forth).‪
• The group is elitist, claiming a special, exalted status for itself, its leader(s) and members (for example, the leader is considered the Messiah, a special being, an avatar—or the group and/or the leader is on a special mission to save humanity).
• The group has a polarized us-versus-them mentality, which may cause conflict with the wider society.
• The leader is not accountable to any authorities (unlike, for example, teachers, military commanders or ministers, priests, monks, and rabbis of mainstream religious denominations).
• ‪ The group teaches or implies that its supposedly exalted ends justify whatever means it deems necessary. This may result in members' participating in behaviors or activities they would have considered reprehensible or unethical before joining the group (for example, lying to family or friends, or collecting money for bogus charities).
• ‪ The leadership induces feelings of shame and/or guilt iin order to influence and/or control members. Often, this is done through peer pressure and subtle forms of persuasion.
• ‪ Subservience to the leader or group requires members to cut ties with family and friends, and radically alter the personal goals and activities they had before joining the group.
• ‪ The group is preoccupied with bringing in new members.
• ‪ The group is preoccupied with making money.
• ‪ Members are expected to devote inordinate amounts of time to the group and group-related activities.
• ‪ Members are encouraged or required to live and/or socialize only with other group members.
• The most loyal members (the “true believers”) feel there can be no life outside the context of the group. They believe there is no other way to be, and often fear reprisals to themselves or others if they leave (or even consider leaving) the group.

Yes this weekend will be huge for them. Good or bad. If it is not completely here are your paycoins dump if you wish. Then there will be a huge group of really pissed off people and Josh and his family would have to go into hiding. There is bound to be 1 crazy out there. This is actually one reason I believe Josh. What I mean by believe is that I think they will put up the wall and try to make this as they say. However this does not mean that they will succeed. It could fail and tons of people lose their money but it would not be because Josh took it (Hope not for his sake). It can still fail for so many reasons such as people just don’t want a new coin, mismanagement on GAWs end, and many more. I personally hope it succeeds. I think competition is good and it spawns knew ideas to make everyone better in the long run.  

Anyone notice that, from an "investor" standpoint, what's happening right now is like a surrogate round 3 of the ICO? Paycoin was supposed to be open to a restricted number of people for $10 each. Now, you can get it for like $9.50 each on the open market.

The order's a little flipped, as Round 3 was supposed to happen after Round 2, but you can still get a bunch of XPY for under $10, and that was what was going to be available during this time period in the initial timeline.

It really doesn't make any sense why Genesis hashlets cant mine their own coin. The only answer is they were never "mining" in the first place. The "rates" are just made up numbers that don't correlate to real world data.

Also eightcylinders makes a great point by questioning low zenpool payouts. The "negotiations" have failed to bring the rate up even with the blistering rate of renting out on nicehash. Wouldn't GAW be in a better position to rent out hardware better than ever before? Shouldn't we NOW see rates of .006-.007 ?

Im not up to speed with gaw jargon or even how their stuff is supposed to work, Ive just seen enough to know I should steer clear. I would still like to get understandable updates on how this is progressing/collapsing. Is there a "GAW for dummies who are not dumb" somewhere? I mean, without the marketing and hype bullshit?