New coin from GAWminers. What do people think?

rokkyroad

legendary

Activity: 1090

Merit: 1000

Quote from: Honeypot on November 23, 2014, 03:11:11 AM

Here is an interesting article. Is GAW lying about its supposed 'partnerships' with big companies? The companies themselves claim they are not involved at all:

https://coinfire.cf/2014/11/22/is-gaw-miners-lying-about-partnerships/

Just going to leave this here.

I didn't visit the link.

I didn't think GAW was releasing any details about the "partnerships" till after the ICO. This in itself gave me doubts from the getgo.

Honeypot

sr. member

Activity: 420

Merit: 250

Here is an interesting article. Is GAW lying about its supposed 'partnerships' with big companies? The companies themselves claim they are not involved at all:

https://coinfire.cf/2014/11/22/is-gaw-miners-lying-about-partnerships/

Just going to leave this here.

Inception-

newbie

Activity: 5

Merit: 0

I think this is a better coin to buy than some of those ico's I saw last week. This has a real company behind it and they deal in mining coins so it's a good fit. I'm in. Cool

Shinzi Fuki

newbie

Activity: 40

Merit: 0

I picked up 500 coins just in case it really does go somewhere. Seemed decent enough to venture a small buy in it.

rokkyroad

legendary

Activity: 1090

Merit: 1000

Hard to say how Gaw's Paycoin will make out.

I picked up a few hashlets just in case. If the coin fails I can mine something else or sell out.

Not a huge risk. Not like buying the newest ICO in the ANN section offered by some kid in his parent's basement (for all I know).

zk-SNARK

member

Activity: 168

Merit: 10

The World’s First Blockchain Core

Quote from: piike2323 on November 22, 2014, 07:29:07 PM

Quote from: XFire on November 22, 2014, 06:13:29 PM

You spelled coin (cloin) wrong in the topic title. Just saying. I think their new coin has merits that make it worth while. I don't think it will take down BTC though.

Sorry about the spelling. MY fingers don't seem to go where I want them to. I agree with you. From reading their whitepaper and other post it sounds very good but this could just end up being like every other coin out there; hardly any value and just simply gets traded for bitcoins.

Edit your 1st post and you can change the op title as well. For the most part most coins get traded for bitcoins. Regarding op I think for the next few years no other coin will seriously challenge BTC as the prime coin but a lot will co exist with it.

piike2323

newbie

Activity: 28

Merit: 0

@e-coinomist:

Couldn't they just sell them at the exchanges like everybody else? They could sell a little at a time at multiple exchanges over a long period of time and they will still make money.

The gov is messing up the coins value on purpose to make a quick buck. They are not shutting down these sites for justice or to protect anybody. I believe they are just simply trying to cash in on bitcoins while its still valuable. If bitcoin crashes in the process they wouldn't give a damn. That's just how I feel I don't really have proof.

piike2323

newbie

Activity: 28

Merit: 0

Quote from: XFire on November 22, 2014, 06:13:29 PM

You spelled coin (cloin) wrong in the topic title. Just saying. I think their new coin has merits that make it worth while. I don't think it will take down BTC though.

Sorry about the spelling. MY fingers don't seem to go where I want them to. I agree with you. From reading their whitepaper and other post it sounds very good but this could just end up being like every other coin out there; hardly any value and just simply gets traded for bitcoins.

e-coinomist

legendary

Activity: 2380

Merit: 1085

Money often costs too much.

Quote from: piike2323 on November 22, 2014, 05:07:22 PM

Is this a big deal or a big bust. Should I have this on my mind or should I just expect to get ripped-off really hard. I would like peoples Opinion on this. The thing is that bitcoin is still moving along way too fast. Even though its expected to last about 100 years the difficulty keeps rising too quickly to justify purchasing any miners weather virtual or physical. The coins value will just keep dropping because the feds continuing hunt for "silk road" type sites in effort to seize coins and auction them out. There is an auction coming up next month. So tell me why I shouldn't consider GAWminers new coin.

I am looking out for these auctions. There was Silkroad 1 and later Silkroad 2, and some assets seized from Pirateat40. Other minor incidents like seized darknet sites for hosting whatever stuff was low volume, doesnt matter much.

Then there was the MtGox desaster which will likely result in some governmental coin sales? Or is MK dumping our coins in private?

Far to many coins are inside hands where not belonging.

Quote from: ?? on ??

Do you know what happend with the lost BTC's from the MT.GOX fiasco ? Karples was caught using Blockchain.com to send them into smaller address almost down to 10btc.

Don't believe me ? Google it.

XFire

newbie

Activity: 17

Merit: 0

You spelled coin (cloin) wrong in the topic title. Just saying. I think their new coin has merits that make it worth while. I don't think it will take down BTC though.

piike2323

newbie

Activity: 28

Merit: 0

Is this a big deal or a big bust. Should I have this on my mind or should I just expect to get ripped-off really hard. I would like peoples Opinion on this. The thing is that bitcoin is still moving along way too fast. Even though its expected to last about 100 years the difficulty keeps rising too quickly to justify purchasing any miners weather virtual or physical. The coins value will just keep dropping because the feds continuing hunt for "silk road" type sites in effort to seize coins and auction them out. There is an auction coming up next month. So tell me why I shouldn't consider GAWminers new coin.

Topic: New coin from GAWminers. What do people think? (Read 992 times)