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Topic: GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :) - page 2278. (Read 3377790 times)

full member
Activity: 238
Merit: 100
Trying my chance Smiley need to get rid of those HPs

https://hashtalk.org/topic/21925/hash-point-exchange

Lol was literally just reading that and thinking not gonna happen, nice try though!  Wink
full member
Activity: 252
Merit: 100
legendary
Activity: 2912
Merit: 1060
So they're technically not in any violation because they only request someone buy 1 Hashlet to complete referral

It all depends on what additional violation items can be added to build an overall case, but if you look in the thread on this site where GAW/Zen are paying people $$ every month to grab new suckers via their sigs, that would apply to this FL statute for those within that state. The key is to get a federal statue to stick and then join individual states violations to ride on that coattail.

Scott-

Has the fcc responded to you?
Yes. The FCC's Western Region Enforcement Bureau (San Diego Field Office) has the case and the "Acting District Director" (James T. Lyon) is directly investigating the allegations and options.

Scott-



Tell some phone carriers, they paid billions
sr. member
Activity: 434
Merit: 259
So they're technically not in any violation because they only request someone buy 1 Hashlet to complete referral

It all depends on what additional violation items can be added to build an overall case, but if you look in the thread on this site where GAW/Zen are paying people $$ every month to grab new suckers via their sigs, that would apply to this FL statute for those within that state. The key is to get a federal statue to stick and then join individual states violations to ride on that coattail.

Scott-

Has the fcc responded to you?
Yes. The FCC's Western Region Enforcement Bureau (San Diego Field Office) has the case and the "Acting District Director" (James T. Lyon) is directly investigating the allegations and options.

Scott-

sr. member
Activity: 434
Merit: 259
Interestingly if you go to https://btc.com/ (HTTPS version) they have an affiliate script installed, not sure where they are going with that, seems strange they have it installed in the root of a 1.1 Million domain.

Even if the price is proven correct, by his own email admission, Mr. Garza only paid quarter of that upfront and a significant portion was in BTC, with additional monthly payments of less than $40K/ea being applied towards the balance and some of that can also be paid in BTC. In other words, smoke and mirrors where a gazillion dollar company must negotiate a monthly payment plan for a $1M domain. Another line item that may make you go...hmmm....

Scott-
legendary
Activity: 2912
Merit: 1060
So they're technically not in any violation because they only request someone buy 1 Hashlet to complete referral

It all depends on what additional violation items can be added to build an overall case, but if you look in the thread on this site where GAW/Zen are paying people $$ every month to grab new suckers via their sigs, that would apply to this FL statute for those within that state. The key is to get a federal statue to stick and then join individual states violations to ride on that coattail.

Scott-

Has the fcc responded to you?
hero member
Activity: 966
Merit: 546
I seriously think they can be reported and assets frozen just over that code section alone. They are based in Flordia?
sr. member
Activity: 434
Merit: 259
So they're technically not in any violation because they only request someone buy 1 Hashlet to complete referral

It all depends on what additional violation items can be added to build an overall case, but if you look in the thread on this site where GAW/Zen are paying people $$ every month to grab new suckers via their sigs, that would apply to this FL statute for those within that state. The key is to get a federal statue to stick and then join individual states violations to ride on that coattail.

Scott-
hero member
Activity: 966
Merit: 546
Yes, but we are talking about GAW/Zen here...

The shit will hit the fan big time for them of they are a ponzi as they have been way too public.
MtGaw?
full member
Activity: 238
Merit: 100
Yes, but we are talking about GAW/Zen here...

The shit will hit the fan big time for them of they are a ponzi as they have been way too public.
hero member
Activity: 966
Merit: 546


There are actually a lot of digital referral programs though which are legit.
So they're technically not in any violation because they only request someone buy 1 Hashlet to complete referral
sr. member
Activity: 434
Merit: 259

There are actually a lot of digital referral programs though which are legit.
Yes, but we are talking about GAW/Zen here...

Scott-
full member
Activity: 238
Merit: 100


There are actually a lot of digital referral programs though which are legit.
hero member
Activity: 966
Merit: 546
Let me just mention that everybody was extremely happy with MtGox's market rigging before their collapse
sr. member
Activity: 434
Merit: 259
full member
Activity: 238
Merit: 100

Ponzi's are fine as long as you get in and out at the right time like any other investment.

No, ponzi's rely on affiliate referrals:

Quote
(b) Prosecution of persons who aid and abet violations
For purposes of any action brought by the Commission under subparagraph (b) or (d) of section 77t of this title, any person that knowingly or recklessly provides substantial assistance to another person in violation of a provision of this subchapter, or of any rule or regulation issued under this subchapter, shall be deemed to be in violation of such provision to the same extent as the person to whom such assistance is provided.

http://www.law.cornell.edu/uscode/text/15/77o

I don't believe LTCGear is a Ponzi, Chris seems to know what he is doing, I am starting to have my doubts with GAW though hence my recent dump, I also no longer promote their affiliate program.
If Gaw are a ponzi and your above info is true then pretty much all crypto news sites are in trouble, lol
full member
Activity: 238
Merit: 100
I'm defaulting to the fact that I can literally visit one BTC faucet and profit more than a month of running 1mh/s of 80% of GAW's Hashlets which I would have to buy.

I'm afraid there isn't any cure for you if you really are that dense.   I'm well past breakeven at GAW and I have tons of hashlets I could easily sell for a lot of BTC.   Not only that I'm going to have plenty of paycoin I will be able to sell.   

If you are trying to make money your way at GAW you are just being stupid.   If you want to make BTC you have to play the game GAW's way. 

Which is all in based on no solid investment information which continuously changes, If Paycoin flops none of your Hashlets will be worth anything once converted, safest route is dump a lot keep a few and if the coin works you will get your return from the points. Going all in based on Paycoin is not good investment strategy its greed.
sr. member
Activity: 434
Merit: 250

Ponzi's are fine as long as you get in and out at the right time like any other investment.

No, ponzi's rely on affiliate referrals:

Quote
(b) Prosecution of persons who aid and abet violations
For purposes of any action brought by the Commission under subparagraph (b) or (d) of section 77t of this title, any person that knowingly or recklessly provides substantial assistance to another person in violation of a provision of this subchapter, or of any rule or regulation issued under this subchapter, shall be deemed to be in violation of such provision to the same extent as the person to whom such assistance is provided.

http://www.law.cornell.edu/uscode/text/15/77o
hero member
Activity: 966
Merit: 546
I'm defaulting to the fact that I can literally visit one BTC faucet and profit more than a month of running 1mh/s of 80% of GAW's Hashlets which I would have to buy.

I'm afraid there isn't any cure for you if you really are that dense.   I'm well past breakeven at GAW and I have tons of hashlets I could easily sell for a lot of BTC.   Not only that I'm going to have plenty of paycoin I will be able to sell.   

If you are trying to make money your way at GAW you are just being stupid.   If you want to make BTC you have to play the game GAW's way. 
Let me reliterate that. I can visit one or 2 bitcoin faucets a day and make the same as if someone were to buy 200 mh/s of basically all Hashlets on their website
sr. member
Activity: 434
Merit: 250
I have 50 Multi Hashlets  ($750 I paid, yes I know stupid thing to do not so gullible now though lesson well learnt) with Gaw making 50 satoshi a day  Cry anyone have any ideas what I can do with them, do I covert to cashtaker and see what happens or do I just keep the 50 mh? I would also like to know if there are any decent cloud mining companies out there that members could recommend. Thanks for any help or advice.

if you want to rent hashes, do it p2p on sites like betarigs, leaserig or nicehash.
don't give any of these ponzi's any more money.

Can you actually make any money renting for mining, from what I see most of the time it costs more to rent than you can make mining?
Ponzi's are fine as long as you get in and out at the right time like any other investment.

it all depends on how shrewd you are a with your mining.
i rent out my rigs and i regularly rent other people's rigs. i mine DGM and blocks can be very irregular, over a month on occasion.
for long rounds like that, your earnings will depend on the number of shares you submit compared to other miners on the pool. if it's a small pool, you can do quite well renting hashes.
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