Topic: GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :) - page 2356. (Read 3377790 times)

Also, while I am totally getting out of GAW, it will be my most profitable investment. Most of my money was made from buying Primes cheap and selling them at more than 3x the price.

Initial cost of Hashlets: 1.605BTC
Generated by mining: 1.993BTC
Selling Hashlets: 5.96BTC
Overall Profit: 6.348BTC


In regards to Paycoin, I plan on selling all of mine for $20 as soon as possible.

Paycoins I should have: ~109 (currently have about 43,000 HashPoints).
Assuming $20 per Paycoin: $2,186
At current BTC rate: 5.776BTC

So if all goes well, I'm looking at about 12.1BTC profit from my initial investment of 1.6BTC with GAWMiners.  I guess Ponzi's are good if you get in early.  I do feel a little bad knowing this BTC is coming from gullible people, but I guess I'll just be selfish in this case.  

Be selfish like me.  If you're not comfortable with the idea of Paycoin, get out now and make some good money.

GAW has been a joke ever since the whole "Project Prime" reveal began.  I was mainly comfortable with them before, but once it hit that point my ponzi detector started going off.  Since that point I've been incredibly critical of everything they say since huge claims are being made but none of them actually materialize.  I sold half of my primes at this point.

Next came the Paycoin announcement and "whitepaper".  It was an absolute joke.  I made a big post on Hashtalk pointing out all the issues with their 'whitepaper' just from a business perspective.  GAW_CEO responded and basically said, "You've already made up your mind so I'm not even going to dignify your questions with a response."  It was at this point I decided I would sell the other half of my primes when the right moment came.

Now, the HashStaker announcement has blown up.  It seems like the masses are finally beginning to open their eyes to what a few of us have been seeing for so long. There are just so many things wrong with the entire idea now that you really have to be drinking the Garza Kool-Aid to not see it.

Because of this Hashstaker announcement, the price of Hashlet Primes has raised to over $50 on the Zen Marketplace.  Perfect time to sell my remaining primes and get totally out of GAW. 

No regrets for my time and money spent with GAWMiners.  I disagree with what they're doing, but they're letting me get out whenever I want.  I just hope other are aware of the risks and don't lose a ton of money.

Take care!

I must say this thou...i've doubled my btc on the warmachine i bought from them...although if it turns bad, then i feel bad for all the people that just got in and didn't listen to warnings about them

Try this then

https://hashtalk.org/topic/19211

trademarks are not expensive, and all it takes for a trademark to pass and be granted is a lack of objections.
If the original brand name creators do not notice that  a trademark had been registered, and not filed an objection within the allotted timeframe, then the trademark is passed.

Or maybe a "copywrite"....

     But I wanted a free 5 BTC

You have to get your sarcasm detector fixed ASAP. Not safe without it in this thread.

Some nuggets of wisdom from HT:

https://hashtalk.org/topic/20639

https://hashtalk.org/topic/20638/will-hashstaker-mine-paycoin/9

https://hashtalk.org/topic/20593
Lots of BS but this one is particularly amazing:
(that would be ~75 PH/s or 25% of the whole BTC network before energy costs)

This is not to make fun of someone's disability but rather to show that PayCoin will be a huge success in that math-challenged community.

Oh yeah?  Put your money where your mouth is.  5 BTC bet that Paycoin will NOT surpass Bitcoin in price by March 5, 2015.  Bet to be held in Escrow by a reputable member of the forum.


If you think Paycoin is going to be x, y, or z because someone on the internet told you so, then you need to take your own advice.

ok get with the program Bitpop IF gaw says paycoin is going to surpass bitcoin in one to three months in volume and price then i am sure it is. If you cant believe that then someone needs to refill your kool aid drink and eye drops  so you can see the truth

I'd wait out the whole series of launches before thinking about investing anything

lol, could not resist to ask that 
this company looks so funny.. even in the eyes of a newbie..

it's not happening.

the advice, from the very informative 100 pages that you mention, is DO NOT INVEST YOUR MONEY THERE.

you're welcome.

ok, you discussed 200+ pages in old thread, now 100+ again, and there are many other threads about the same thing with the same posters  so you should have figured out an answer to my question long ago. what hashlet would you recommend for a newbie to buy to make huge and fast ROI and always make money afterwards? looking for at least 400% a year

Except this time he will have old men and ladies along with the teenage boys and their parents complaining that they lost their retirement fund, college fund, etc.

this.
the inevitability that the only ones who will stay invested are those who will be trading between themselves.
Josh is basically taking all the propaganda that you might see in an altcoin [ANN] thread and throwing advertising revenue at it.

and... no matter how many $$$ he throws at it, it is destined to end in the same manner as 99% of all altcoin [ANN] threads.

kids complaining about prices
kids manipulating prices with scheduled pumps
kids complaining that prices don't sustain.

Both PayCoin and PayBase are alredy in use in commerce by other organizations and companies. PayCoin (PYC) is already in existence as most people know. PayBase is a transactional payments platform owned by a company called Bottom Line Technologies (http://www.bottomline.com). Even the most moronic of companies due a small amount of due diligence before selecting names they plan on trademarking. Registering a website does not qive you the right to the name. Both are already being used in commerce for the same exact thing so it would be very difficult for GAW to get the trademarks unless he planned on paying both a quite nice sum of cash.

Not really, PYC is just another shitcoin. We have seen recycled names with trashcoins before.

Seems like PYC will probably see a bump from the name confusion. Unless they buy every coin out of existence, it will always be an issue