He's just pumping to get the markets ready for his massive 12 million xpy dump, clear out all exchanges to 0.
And you're just trolling and confusing people as always.
Are you also illiterate? Read the title. Also the url.
Topic: ███ Stay away from GAWminers.com / Paycoin / Paybase - Mineral - SCAM ! ███ - page 11. (Read 38201 times)
December 22, 2014, 11:04:27 AM
And you're just trolling and confusing people as always.
Are you also illiterate? Read the title. Also the url.
December 22, 2014, 08:58:08 AM
He's just pumping to get the markets ready for his massive 12 million xpy dump, clear out all exchanges to 0.
And you're just trolling and confusing people as always.
December 22, 2014, 07:47:50 AM
He's just pumping to get the markets ready for his massive 12 million xpy dump, clear out all exchanges to 0.
December 22, 2014, 07:44:31 AM
Guys, you can admit it or not but GAW s done it. They have introduces a new crypto currentcy with a lot of shiny and new gimmicks and it s about to overtake LTC. At the same time, Mr. Lee says LTC needs no gimmicks. Hm...I do not agree. Everything need to get improved.
Done it ? You are absolutely delusional.
3 rapid fire unannounced hard forks, no transactions on the paycoin network for over 12 hours because they used the wrong peercoin fork, paybase being delayed a 3rd time at the last minute, no debit card, no major merchant adoption, amazon retaliating and preventing their plugin from use with their servers, and not one paycoin selling for 20USD on any exchange.
At minimum the verdict is still out....
December 22, 2014, 07:23:57 AM
Guys, you can admit it or not but GAW s done it. They have introduces a new crypto currentcy with a lot of shiny and new gimmicks and it s about to overtake LTC. At the same time, Mr. Lee says LTC needs no gimmicks. Hm...I do not agree. Everything need to get improved.
December 21, 2014, 06:24:22 PM
I have never really understood their reasoning behind not allowing their customers to mine on other pools, especially for their SHA256 contracts
I'm not a data center mining expert, but as a layman I would imagine that it would be difficult to point small fractions of a large farm hashpower to hundreds of different pools.
And when a pool is down and customers try to mine on scrypt pools with their sha-256 Hashlet and so forth, customers would blame GAW and would open thousands of support tickets. After all ZenCloud is (or was) mostly virtual/simulated mining for noobs.
December 21, 2014, 04:50:35 PM
There also buying it for $20 only thing fishy is you
December 20, 2014, 03:16:49 AM
Gaw mining is moving slowly away from cloud mining to be a Global Trading Platform with its own currency.A lot of cloud miners are going bust as there is way too many of them to sustain profitability.
They launched their own crypto-currency called PayCoin. They're selling each PayCoin for $20 LOL
Looks fishy to me, because:
Quote
With 12m paycoins already premined for the company’s investment partners and customers, only about 500,000 paycoins are available for public mining.
http://www.coindesk.com/gaw-miners-altcoin-launch-sparks-speculative-frenzy/
December 19, 2014, 08:29:10 PM
Gaw mining is moving slowly away from cloud mining to be a Global Trading Platform with its own currency.A lot of cloud miners are going bust as there is way too many of them to sustain profitability.
December 19, 2014, 09:34:56 AM
i hate them too and will never buy anything from them ...
Why would you have such strong feelings towards some random altcoin creators? I don't love or hate any company, and especially the ones I never bought anything from.
You have to admit, while bizarre, the random statements of hatred do add to the mirth value of the thread
December 15, 2014, 01:36:14 PM
i hate them too and will never buy anything from them ...
Why would you have such strong feelings towards some random altcoin creators? I don't love or hate any company, and especially the ones I never bought anything from.
December 15, 2014, 12:44:17 PM
Everyone must mine to their own pool so rented hash must be sustained
Yeah, in-house pools are dubious at best and at least mining to your own pool is a way to check whether you're getting the hashing through-put.
I'm just wondering how long until the house of cards collapses? Three months? Six months? Or do they limp on BFL-style for years taking as much cash as possible?
There's nothing worse than a slow-motion train wreck
Well if you were in the Paybase tinychat Q&A Josh said that they were going to start selling off pretty much all their miners on oneminer.
December 15, 2014, 12:29:08 PM
i hate them too and will never buy anything from them ...
December 15, 2014, 02:48:55 AM
Everyone must mine to their own pool so rented hash must be sustained
Yeah, in-house pools are dubious at best and at least mining to your own pool is a way to check whether you're getting the hashing through-put.
I'm just wondering how long until the house of cards collapses? Three months? Six months? Or do they limp on BFL-style for years taking as much cash as possible?
There's nothing worse than a slow-motion train wreck
December 14, 2014, 01:10:59 PM
Proving their hash rate by renting the hash just makes running their operation fraudulent more difficult as they have a middleman to pay out and thus have extremely tight margins(so tight they may as well just buy the equipment themselves) .
No, not at all. Because I (being the scammer here), would rent not much more than the hashrate I already sold, or even less, and rent it only for a (very) limited time (until I run), while taking in revenue for contracts that are pretty much perpetual. Thats where my margin is, and its pretty big.
edit: almost forgot, the rented hashrate actually brings in mining revenue too of course, so the real cost is relatively minor. On a lucky day I might even profit just from renting rigs alone.
December 14, 2014, 10:11:13 AM
Everyone must mine to their own pool so rented hash must be sustained
Yeah, in-house pools are dubious at best and at least mining to your own pool is a way to check whether you're getting the hashing through-put.
I'm just wondering how long until the house of cards collapses? Three months? Six months? Or do they limp on BFL-style for years taking as much cash as possible?
There's nothing worse than a slow-motion train wreck
December 14, 2014, 08:07:24 AM
He created a shitcoin clone of peercoin and he couldn't even do that right, it's forked
Anyone with money stuck in this cluster fuck good luck
Anyone with money stuck in this cluster fuck good luck
gawcoin will "rule da Woooarld"!
Amazon already accepts gawcoin i heard....wait.....no...not yet.....but....next week they start!!!
December 12, 2014, 09:29:33 PM
He created a shitcoin clone of peercoin and he couldn't even do that right, it's forked
Anyone with money stuck in this cluster fuck good luck
Anyone with money stuck in this cluster fuck good luck
December 12, 2014, 02:06:54 AM
Sold my hashlet prime after reading this earlier. Now i kinda regret it 
Its not only about profits ... but making a conscious and moral decision to not support ponzi schemes or encourage this type of corrupt behavior from businesses.
Feel proud of your decision even if pulling out at the moment you did was inopportune.
Exactly, doing the right thing helps everyone in in the long run. Doing the wrong thing and making a quick buck at others expense only further damages the reputation of bitcoin. Better to support legitimate businesses who take the painful but necessary steps to get compliant, take precautions to safeguard customer capital and produce better outcomes in the long term.
December 11, 2014, 10:02:22 AM
Sold my hashlet prime after reading this earlier. Now i kinda regret it
Its not only about profits ... but making a conscious and moral decision to not support ponzi schemes or encourage this type of corrupt behavior from businesses.
Feel proud of your decision even if pulling out at the moment you did was inopportune.
Jump to: