Topic: GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :) - page 2247. (Read 3377922 times)

Already running

Edit: My new address: 1CMmq13LWHBCPm33qHvX4xSheutuJ7YDXF

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"i·ro·ny - a state of affairs or an event that seems deliberately contrary to what one expects and is often amusing as a result."

great idea but if i may add to it. Make sure you keep the dress on and maybe add a nice crown 

oxymoron much? "scam will not hire on more individuals" Job openning link: "https://coinality.com/jobs/cfo-gaw-miners-bloomfield-ct/" ... "CLICK HERE TO APPLY"

Sweet, start a pool up!

I understood they purchased a lot of hashing power recently? I know mining hardware can be expensive to say the least. I also understood they do pay other companies for hosting and 2 factor authy. I could be wrong. Im not omnipotent. I watch CNN and FOX

Usually companies that are running a multi-million dollar scam will not hire on more individuals.

And the fact that the previous Chief Financial Officer jumped ship a couple months back and that they can't find another CFO is another red flag. I'm sure he didn't want to be the one dealing with the SEC.

https://coinality.com/jobs/cfo-gaw-miners-bloomfield-ct/


I doubt anyone wants to be liable for that, lol.

I think the real problem is that even though they know they are being scrutinized by everyone, being ridiculed by everyone, all their so-called customers are starting to question them and are jittery, you would think they would go all out and fix everything ASAP be it the fantasy coin trading, people's with drawls etc. etc. Bring in extra man power, have people working 24/7 so withdrawals are immediate, call in real tech teams to fix the problems. Yet they don't. Why don't they do such an obvious thing?

Because they can't.

They're warming you up to it. A few days delay, then a sigh of relief when it comes through. A weeks delay,  then a sigh of relief when it comes through, 6 weeks delay, everyone will sigh and say don't worry they ALWAYS come through, so you will wait. Then two months and POOF !

A reverse ponzi if you will LOL !

We asked Josh in June to show some actual proof of mining, all he could produce was one picture of a rack of scrypt miners mining.
We've been bugging him since then...

Its now December and all he has shown us since is some unplugged miners, and 2 racks of Antminers...

If that isn't a red flag that Josh is running a ponzi scheme, then the hundreds of lies and promises including the promise that you could point your hashlet to a specific address(I bet you guys forgot that promise(I included said docs/proof included that and a ton more to the SEC)).

If you're still with GAW, sell all your hashlets before they're 'locked in'.
Gather up ALL your BTC and either sit on it or invest in something LEGIT, while you watch GAW burn to the ground with lawsuits/court cases/jail time.

this is which time thta the so called ponzi is close to crashing? the gazillion time?? LOL

What gets me is that they claim to have $250,000,000 of investor money and hashlet customer money plus the 10% of of the sales that they make (Gaw claims that they get 10s of thousands of transactions a day)..
With all this money that they have in their pocket, they can't hire coders, customer support reps or at least an executive officer so Josh doesn't have to moderate/shadow/ban individuals on his own and write out huge announcements. Most of his employees are family or friends from the past, he probably can't hire smart individuals as they would probably learn that Josh is running a scam and would have real info to give to the feds.

There is no real excuse for the way he runs his company and lies to his customers, I'm sure every other company making money off of cryptocurrency is laughing at Josh and his clown posse.

 

@corygto <--- thats how I want live my life. Mis-information king. The site you speak of was down for a few hours. Then they did the logical thing, revert and fix the issue before relaunching the update that is now operable. Wish Obamacare.com was as good for all those millions put into it

@NeonTranceBadge - thank you for the information. I'm looking for it now.

I didn't see the video, the quality or quantity of their mining operation has never concerned me.  Can you give me a link?  I'll watch and give my honest assessment.

No the didnt do the video the way THEY stated they were going to do it. the public didnt request it that way. They said we'll walk around going where the live q&a participants tell us to go then spray paint this is my house in pink. So they lied and didnt bend over backwards.

You know for being "geniuses at work", "crypto-industry innovators", and claiming to be professionals...these guys sure do have trouble keeping a simple forum running or making an update to Zencloud that doesn't completely break it.

GAW is a complete shit show right now.

EDIT: Is the ponzi finally coming close to crashing?

https://hashtalk.org/topic/22556/so-i-withdrew-9-65btc

GAW has made more promises than I can keep track of and has pretty much broken every single one of them.  VaultBreakers ring any bells,  SHA256 on Primes, Buy Back of primes, more features for primes, amps for hashlets that can be bought with hashpoints, lower maintenance fees, Zenpool always the most profitable.  Lets move on to zenpool especially on the 25 for 1 primes issue which they gave re-sellers codes that redeemed 25mhs primes.  After that issue Zenpool took a massive dive and I'm talking by about 50% of its normal payouts.  Josh said it was due to negotiations for their clients who rent hashing power and he said after the negotiations were done Zenpool would go back to normal or higher.  Well guess what it never did and the highest it went back up to was most around .00045.  Now move forward in time a little bit to the announcement of hashcoin the all mighty.  After its announcement Zenpool took another massive to about the .00025 range maybe a little more which basically payout almost next to nothing.  At this point to make ROI you had to mine hashpoints to later convert to paycoin and hope that what Josh said about you being able to sell a paycoin for $20 at public launch.  And that right there is a perfect example of wrong doing in my opinion.  

I noticed on that post bitpop that it says ceo position is open. Want to give garza an interview for it?

Have you ever considered this that if GAW rents out the mining power that there is no mining address at GAW? They rent out the mining power and get paid in BTC. So how are you  going to dis-prove that. How will GAW prove that? Neither you are GAW can produce proof.

No, that would be a Ponzi scheme, almost by definition.

The initial cash comes from the fund. Since about half of Paycoins will be immediately staked, GAW is betting that they have enough support in that fund to withstand the initial massive dump. After that, the value added is the ability for cryptocurrency to do what Apple Pay and Paypal do, only much more cheaply. The transaction costs are so much lower with crypto that there will be incentive to use the system, and companies/people will buy coins, thus providing the cash. Paycoin will be chosen over other crypto because its tiered system allows for instant transactions with low overhead and because the price support will add stability to the coin's value relative to other currencies.

At least, that's the theory. As should be obvious, there are a lot of ways this could go sour.