The future of cryptocurrency is in the cloud. Datacenters cut power costs in half and maximize uptime. They even keep, noisy and sensitive equipment safely outside your home. HashStaker is the world's first Cloud Staking Wallet, perfectly optimized to thrive in large, controlled datacenters and achieve massive economies of scale to offer unparralled availability. All HashStakers are hosted in the most robust cloud mining and cloud hosting data centers in the world with 99.99% uptime guaranteed.
This might be the most hilariously absurd thing GAW has said yet.
Who actually thinks this is a real company again?
The people who profited with Hashlets.
They have enough clients, don't you worry. If it wasn't so your employers wouldn't be paying you to write this crap.
I've profited from haslets only after I sold them and I don't think this company is legit. Thats how a ponzi scheme works. the pyramid is getting top heavy. It's the newbies in there now that need to watch out..
You profited, great. So the company has brought you profits and still hasn't scammed anyone, but you don't trust them because what? They look suspicious, right?
If it's a ponzi scheme, and as you said getting top heavy, it should soon be over. Just wait see and don't forget to leave your comment if you are proven wrong
I have profited from GAW as I was in very early with hardware miners which turned into primes that are now worth 5X as much, so yes,
I have big profits and I stay invested in GAW.Does this make GAW legit? No. Say again: No.Has it scammed anyone? Yes. Actually,
it has scammed EACH AND EVERYONE of its clients. The marketing that was done back in August - September was selling Primes as MINERS of BTC that would have DIMINISHING FEES over time. The only thing stable at zenminers since August 2014 are the big blue-white $0.08 and $0.01 fees... I stayed with Primes based on GAWs declarations of making Prime miners profitable IN BTC for the long run. And I believed that a company with serious engineering and planning could achieve economies of scale in therms of electricity costs, hardware costs etc to provide AT LEAST something of what was promised.
Nothing of that short came to being. Instead GAW TOTALLY CHANGES its promises (on which promises I for one had made my decision to join the company).
As if by magic, thousands of people are led (bullied) to mine the company's vouchers (code named PayCoin) instead of BTC.
Are those people happy? Yes, they are RAVING in hashtalk about their luck and dream of what car they'll buy with their PayCoins. GAW's marketing is playing masterfully with the only perennial value of humans: greed.
But let me stop right there and explain WHY I'm writing this and why all this criticism against GAW since, after all, I AM IN PROFIT with them?Because this is CRYPTO WORLD. It is a huge revolution for humanity. It is the first time people are creating money and deal with that without any authority. Away from governments and the banking cartel.
This is a huge social experiment. It reveals the good and the bad in humanity. It brings out in the open the forces that will shape things for tomorrow.
If GAW was selling laptops or making cellphones or Christmas cookies I wouldn't pay any attention to them.
But GAW is into CRYPTO. The first stage of what is to me and thousands more crypto enthusiasts on this planet a true revolution for humanity.
So, yes, I take extreme interest of how people are behaving. How they deal with the technology, how they plan to use it and how they invest and build companies around it.
THIS is what fuels my interest for GAW, for BFL, for MtGox, for the alt coin scene, for Ripple, for Doge, for Noble, for VIA, for BAY, for anything.
It is not about Josh career and not about proving GAW is a ponzi or not. It is about how people are handling this technology.
You may have not realized it but we are dealing with a totally unregulated environment here. When Josh says it has 100,000,000 USD to back PayCoin, this is a NUMBER ON OUR SCREENS. This is not an audited bank account verified to hold 100 million by an entity set up under law to provide liquidity strictly for PayCoin. This is just what we see on our browsers for heaven's sake!! It is no more real than the Hashlet ICONs that are "scarce" and limited in numbers!
People WANT to believe in it, they / we WANT to believe that this is for real. And we behave, talk, act and PAY as if they were real. And we place our trust for this to be real SOLELY on a single person and his close team of associates.
That is OK - after all, this is what UNregulated means. But exactly because of that we should scrutinize everything, watch it closely and KEEP OUR EYES open to see the red flags.
I'm not thinking in black and white, I'm not saying GAW is a 100% Ponzi. There are multiple scenarios that could be playing here. Perhaps Josh started out with no criminal intentions. Perhaps he honestly believed he could really reach economies of scale and truly offer lower and lower fees. I do not know. But I can't help pointing out that in this process he
FAILED BIG TIME.From that point onwards,
all is red flag territory.