GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :) - page 2274.

siampumpkin

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Quote from: bumpershot on December 08, 2014, 01:59:39 AM

Quote from: suchmoon on December 08, 2014, 01:49:29 AM

If that's the case, then 3) should be "Prices will plummet and GAW will offer to buy them back at 50% of retail price as a nice gesture".

They might could pull that off with Zen solos, because they could just make Zenpool yield at a very low rate. Primes, however, can mine for real pools out of the control of GAW. And the maintenance cost will never go up. So, if the price of BTC goes up, thereby reducing the cost of maintenance in BTC, there's not really away to avoid payouts for primes. So people may just never want to sell primes.

Nothing at GAW mines in real pools. They all mine in phantom pools on phantom hardware that may, but most likely does not exist. The rates are just posted for reference so customers can feel like they are really mining, not just getting some bitcoin everyday based on the posted rates. Those are also at Gaw's discretion and if they decide Primes can only mine on Paycoin and nothing else then you are stuck with that. They are trying to force everyone to upgrade to Cashtakers to they will have almost nothing to payout in bitcoin and they can pay everyone in their shitcoin XPY.

bumpershot

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Quote from: suchmoon on December 08, 2014, 01:49:29 AM

If that's the case, then 3) should be "Prices will plummet and GAW will offer to buy them back at 50% of retail price as a nice gesture".

They might could pull that off with Zen solos, because they could just make Zenpool yield at a very low rate. Primes, however, can mine for real pools out of the control of GAW. And the maintenance cost will never go up. So, if the price of BTC goes up, thereby reducing the cost of maintenance in BTC, there's not really away to avoid payouts for primes. So people may just never want to sell primes.

suchmoon

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https://bpip.org

Quote from: bumpershot on December 08, 2014, 01:23:43 AM

Here's a thought experiment. What if they've been informed by a regulatory agency that what they're doing with ZenPool might be illegal?

If that was the case, they'd try to immediately get rid of every Zen mining hashlet (Prime and Zen solo) while not really caring if the other Solos exist, as they're just renting mining power.

So, they incentive "upgrading" your hashlet to a totally legal Hashstaker. If this is correct, look for the following to happen:

1) Every Prime or Zen that is put up for a conversion gets it.
2) Very few solos that aren't Prime or Zen will be able to convert.
3) After the conversion period is complete, the prices for Primes and Zens will skyrocket as GAW attempts to buy back whatever they can.

I don't think this is a likely scenario, but it's neat to think about.

If that's the case, then 3) should be "Prices will plummet and GAW will offer to buy them back at 50% of retail price as a nice gesture".

I don't know if it's regulatory/legal pressure or if it's just them getting sick of all the demands of proof, but yes, they seem to be moving from what could potentially be a verifiable clusterfuck to something that's in their complete control. The only thing that would not fit into this scheme is public access to the PayCoin blockchain, source code etc. We'll see.

klintay

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Value will be measured in sats

Quote from: bitpop on December 07, 2014, 09:09:18 PM

I have never met a beloved ceo like homero, making many rich beyond their dreams. Aka robin homero hood josh garza. What other ceo can take $4 and turn it into $20 guaranteed? Hes not only a crypto innovator but a ceo innovator. Soon all companies will make their sheep I mean customers rich. Hear that satoshi??

Satoshi ran away, homero stays to take our worthless fiat and Bitcoin and give us paycoin, I mean gold. Homero hair cuts and vests for everyone!! I am divesting of my shitcoin that is Bitcoin. Ill take $20 over $377 any day of the week.

To all the shithash believers out there...when bitpop calls shit he CALLS that shit...if you get my drift...i.e. buyers beware because shit just don't care!

dyask

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Activity: 854

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Quote from: bumpershot on December 08, 2014, 01:23:43 AM

Here's a thought experiment. What if they've been informed by a regulatory agency that what they're doing with ZenPool might be illegal?

If that was the case, they'd try to immediately get rid of every Zen mining hashlet (Prime and Zen solo) while not really caring if the other Solos exist, as they're just renting mining power.

So, they incentive "upgrading" your hashlet to a totally legal Hashstaker. If this is correct, look for the following to happen:

1) Every Prime or Zen that is put up for a conversion gets it.
2) Very few solos that aren't Prime or Zen will be able to convert.
3) After the conversion period is complete, the prices for Primes and Zens will skyrocket as GAW attempts to buy back whatever they can.

I don't think this is a likely scenario, but it's neat to think about.

The price for unconverted Zens and Primes is sink because the mining income is too low for the fees. Zens will plunge and primes will have a much longer life since DD doesn't come with maintenance fees. Still the income will be low and declining.

bumpershot

hero member

Activity: 532

Merit: 500

Here's a thought experiment. What if they've been informed by a regulatory agency that what they're doing with ZenPool might be illegal?

If that was the case, they'd try to immediately get rid of every Zen mining hashlet (Prime and Zen solo) while not really caring if the other Solos exist, as they're just renting mining power.

So, they incentive "upgrading" your hashlet to a totally legal Hashstaker. If this is correct, look for the following to happen:

1) Every Prime or Zen that is put up for a conversion gets it.
2) Very few solos that aren't Prime or Zen will be able to convert.
3) After the conversion period is complete, the prices for Primes and Zens will skyrocket as GAW attempts to buy back whatever they can.

I don't think this is a likely scenario, but it's neat to think about.

bitcoinnoisseur

hero member

Activity: 504

Merit: 500

I'm sure these guys will buy plenty of Josh's shitcoin.

https://www.cryptocoinsnews.com/shit-into-bitcoin-gold/

http://www.shitexpress.com/blog/how-we-earned-10120-usd-in-30-days-by-sending-horse-poop-to-people-amazing-kickstart-of-a-marketing-experiment/

KC6TTR

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Quote from: TheIZS on December 07, 2014, 09:08:08 PM

Here Scott I'll save you the trouble the response will be "Josh who"? and "What's a GAW"

LOL, you are actually spot-on. Always having the URL to the OP in this thread does come in handy. Wink

Scott-

Chris_Sabian

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Quote from: ?? on ??

How is it powered by PayCoin if it hasn't been released yet???
Designed by Paycoin?? So GAW designed the site???

This coin is so advanced that it just learned html, java, and php.

MinermanNC

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Quote from: suchmoon on December 07, 2014, 09:06:14 PM

Quote from: zerocoder on December 07, 2014, 08:46:02 PM

Gaw team fan club

https://hashtalk.org/topic/21986/lets-play-a-game-called-gawteamfanclub

He's just mocking them... I think.

https://hashtalk.org/topic/19482

lol! I sure hope so, otherwise maybe he just stayed up to late drinking to much Kool-Aid

WaffleMaster

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Activity: 966

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Quote from: clubsofsteel on December 07, 2014, 10:12:44 PM

this sites awesome! they actually payout with the free miner Grin

i beebn using this and i love it
love it love it love it Cry

Enjoy your 2 cents buddy boy

clubsofsteel

full member

Activity: 154

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this sites awesome! they actually payout with the free miner Grin

i beebn using this and i love it
love it love it love it Cry

bitcoinnoisseur

hero member

Activity: 504

Merit: 500

https://hashtalk.org/topic/21982/where-is-our-update

Quote

GawTeamFanClub
Did anyone else see the update in zencloud stating yesterday there would be an update about the failed update and reverting back of the update to the update for the new update. or did they just change there mind again?
Today at 12pm EST

ZiG

sr. member

Activity: 406

Merit: 250

Did you see that already...I guess...:

http://paycoins.biz/

What a wishful thinking ...LOL ... Grin

These people are DAYDREAMING ... Wink

But the clock is ticking ...

ZiG

RiverBoatBTC

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I commend there trolling lol

bitpop

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I have never met a beloved ceo like homero, making many rich beyond their dreams. Aka robin homero hood josh garza. What other ceo can take $4 and turn it into $20 guaranteed? Hes not only a crypto innovator but a ceo innovator. Soon all companies will make their sheep I mean customers rich. Hear that satoshi??

Satoshi ran away, homero stays to take our worthless fiat and Bitcoin and give us paycoin, I mean gold. Homero hair cuts and vests for everyone!! I am divesting of my shitcoin that is Bitcoin. Ill take $20 over $377 any day of the week.

TheIZS

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Activity: 162

Merit: 100

Quote from: KC6TTR on December 07, 2014, 07:02:13 PM

Quote from: ?? on ??

Quote from: RiverBoatBTC on December 07, 2014, 06:50:10 PM

Quote from: TheIZS on December 07, 2014, 06:44:13 PM

Quote from: kebabman on December 07, 2014, 06:05:44 PM

Big news about PayCoin guys! I don't see how people can have any doubts about it's legitimacy now! Cheesy

Quote

Impressively, PayCoin is also backed by a reserve of the United States Treasury, which in many ways gives it a strong edge over its competition; yet another reason why those fearful of bitcoin should discard their worries and suspicion.

http://newsbtc.com/2014/12/07/paycoin-aims-save-day/

Holy Shit Sticks, that is the best one yet. So all the new 100's will have Josh Garza on them?

I could not tell if that article was serious or the were trolling, if it serious wtf kind drugs are they injecting. Smoking can not get you that high.

Was just thinking it was odd there are no pro GAW posts. Troll trap perhaps.....

Yes, it is odd no PRO-Mt.GAW attacks have started (yet)...

At any rate, the US Treasury is now part of and controlled by the Dept. of Homeland Security - go figure... yet another agency to contact... Tongue

Scott-

Here Scott I'll save you the trouble the response will be "Josh who"? and "What's a GAW"

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

Quote from: zerocoder on December 07, 2014, 08:46:02 PM

Gaw team fan club

https://hashtalk.org/topic/21986/lets-play-a-game-called-gawteamfanclub

He's just mocking them... I think.

https://hashtalk.org/topic/19482

zerocoder

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Activity: 252

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Gaw team fan club

https://hashtalk.org/topic/21986/lets-play-a-game-called-gawteamfanclub

I_IZ_CEO

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Activity: 308

Merit: 250

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Topic: GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :) - page 2274. (Read 3377790 times)