Topic: GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :) - page 2352. (Read 3377790 times)

Just in case there was any doubt...

https://hashtalk.org/topic/20681/hashlet-primes


But seriously, I have sold investors in on my plan (to the tune of $100 million). But since nothing is set in stone I can and will change the whole thing up based on the feedback I get from my herd friends here.

But seriously, even though I have a plan in mind that I can't share with you, I need ideas, cause...umm...this whole thing is heading towards tits up if i can't string something else together.

5 BTC? Is that enough?

You, of course, are quite correct. As I have said before, unfortunately there will be some suicides before this fiasco is all done and sorted out. It will hurt the credibility of crypto coins in the eyes of the general public also; as when this is done and over it will be a big news story how this GAW company scammed so many people out of their life savings and retirement funds. People even mortgaged their houses to buy his CashTakers.

Paycoin is so advanced, it was beyond the powers of nearly every developer we talked to about it.

We shopped the project around the world, and virtually every development team told us it was technically impossible to build.
Through perseverance, however, we found a group that was up to the challenge. Many things had to be invented to make it possible, and those inventions were not without a monumental cost to build.


Beyond the powers? Really? Sounds like hes reading a fairy-tale to all the kiddies after spiked milk and cookies.

What I find most disturbing is that it was so advanced that most said it was impossible YET they somehow did it in about a month or two BUT it all had to be read by and edited by his own damn customers. Who the fuck does he think he's kidding? All these people on HT that actually did contribute, have to be saying WTF? No one knows what the hell Paycoin is because it isn't. It's in a perpetual state of change being edited by who knows at the request of customers. He needs to be stopped before he bankrupts anyone. This is something that some people will not recover from.

I think our little Josh CEO kid has simply lost it.

That statement points out that

1. No devs are involved
2. Paycoin is a pipe dream
3- You really believe someone who makes  a statement like that?

Its unbelievable that his cult is still drinking his koolaide..

Exactly,a true Seal would NEVER say he was one IRL or in cyberspace 

Duh it isnt proven yet because he gives no proof what he is doing is legit. Tell me is he actually even mining? Or does he have a console where he changes the pool amounts on the rates page? Lack of proof isnt through not trying. He has been countless times asked to prove with hard evidence. All these acqusations would disappear if he did that. So why is it so hard for him to do that? His customers should be reassured right. Arent you even a little bit curious to see some proof?

Lack of proof and dodging questions indicates they have something to hide.

Funny how they have time to release hashstore clothing but not show more of what the company does. Josh stated they have btc reserves to double pay pool values. They havent though...... why?

Paycoin is so advanced, it was beyond the powers of nearly every developer we talked to about it.

It strikes me as one mans fantasy about his own coin concept. Its ok to have a vision but this sounds a bit fanatical.

lol I need to go check all that out, HT, I just started reading their thread 2 nights ago, I was like "ahhh you don't say" wow amazing they were like all creaming their jeans over all this hype. What ever floats their boat I guess lol Big Kool-Aid party as you said 

They get a Legendary picture for the first 100 orders. You can then sell that off in the Market for $50+. I would guess that is a big part of the motivation here.

Wow, these GAW cheerleaders are actually lining up to throw money at Josh for GAW T-Shirts and other useless crap.

That just goes to show how badly they are all drowning in the Kool-Aid over at HT 

If you were a Seal then you Sir a disgrace... you're full of shit. semper paratus

The guy is a one-man shit show 

Look at the sentence preceeding it:


So was it "not enough innovation" or ... ?

I just don't see paycoin evolving into something bigger or better than bitcoin. Right now its all in theory and speculation and a lot of great salesmanship on Josh's part. At the end of the day I feel its just another new coin launch based on a nifty cloud hashing service with cute little names for its packages, hashlets
etc.. lol and a lot of hocus pocus. was hashcoin? now paycoin? wide acceptance in the market place? where, who, what when and how? BTC is widely excepted by a lot of big players... so I don't see the whole point here or am I missing something lol. Remember blackcoin? complete with debit cards, staking and even was added to coinkite, so how is all that doing? Then I read 8% of income from paycoin will go back into development and implementation and training? wow big plans lol. Ill say this This Josh fellow is pretty smooth, very smart too! Making a hell of a lot more than I

Give me 60 MH of scrypt power and a few good p2pools and I know I will earn more that way then from the massive multipool at GAW. got to give them credit though,,, 1 million in sales in 24 hrs. on hashlets, amazing. I just wonder how much the real ROI is when compared to that for miners. I am still studying all this, but just don't see it giving the mining community anymore in return for their investment then BTC. Before I would spend a thousand bucks on a package with Gaw I may as well just buy some BTC and wait for it to go up lol

I am sure with GAW it has brought in many who would have never mined anything if it wasn't made so easy and accessible for them, so GAW has done well at that and marketing themselves.

(prediction, some will make good money off of paycoin and some wont, but it will never come close to out performing BTC in anyway)  

I'm amazed by this:


So they didn't realize that there is 300 PH/s of SHA256 hardware to compete with? How did they expect this to happen then?

Sounds like a pre-announcement of a major backpedaling. There are some other pitfalls with PayCoin mining, like being able to see GAW's real SHA256 hashrate if the blockchain is truly public. Expect some adjustments to the plan.

I will say this Josh was a honest man with a honest company at one time where that changed I don't know. I believe its where the pools crashed and Paycoin started. I only have a minimum investment in GAW left. I have some HP that I can hopefully cash out some time this month. First flag was the Zen pool diminishing in a week. I stuck with it  - was waiting till tomorrow to see if I could cash out some HP. GAW moved it out another week. I think we can all see the pattern here. If Josh does a inner look-goes back to being honest and sets the pools straight. I would go back but it does not look like that is ever going to happen. GAW lost the main point - Deal with your customers as you would deal with God.    

I don't know much about genesis mining, but I know they are legit and trustworthy company. So may I ask you how much btc genesis paying for 1 mh hash power and what is the cost of that hash power? Thank you in advance

Hahahahaha sometimes I can't believe the stupid shit that comes out of this guys mouth