Topic: ███ Stay away from GAWminers.com / Paycoin / Paybase - Mineral - SCAM ! ███ - page 17. (Read 38262 times)

https://drive.google.com/file/d/0B4jp25nRSBbAWTFoUG40OUpvdUk/preview

Josh says or insinuates many many things then deletes it so it doesn't come back to him but to the shills repeating it

http://gawminers.eu/news/think-figured-joshs-plan/

cant find it in this article (maybe it was edited because google finds that quote too) but you can do your own research    ?

http://qntra.net/2014/11/gaw-miners-continue-scam-while-coinfire-is-defaced/

https://hashtalk.org/topic/19378/response-to-the-coinfire-article

Yesterday CoinFire published an article titled "Is GAW Miners lying about partnerships? Telling statements from Walmart, Amazon, Target and More" in which some of the claims made by Josh Garza are proven to be false, specifically:

    "I will say on a general level, we're working on getting Hashlets into mainstream stores, it won't be long before you'll walk into Target and see hashlets, it won't be long before you go on walmart.com, we're *unintelligible* with the largest etailers in the country, that's our main strategy.. is to actually get em in mainstream stores."

As is typical of scammers, they always have an excuse which taken at face value appears plausible. Josh Garza is now claiming that the partnerships cannot be disclosed by either himself or partners due to non-disclosure agreements. This of course ignores the fact that Josh Garza is the only person who has claimed such deals are happening. Garza responds:

    "First, since most of you did your homework and figured out who some of the partners of our company will be, (since we met with them earlier in the week,) then you can connect the dots on how we're able to connect with large merchants……

    Second, I already over-stepped our NDA once by disclosing partnerships, and I won't do it again. All I will say is that if any company announced our partnership, they would be in violation of their NDA with us, too. We will respect and honor our agreements until the time that we can disclose them."

This all began with Josh Garza claiming Hashlets would appear in stores such as Target. In an attempt to cover up his obvious lies, Josh clearly confused his fake, non-existent miners1 with a debit card, claiming that it's actually Paycoin, another scam, that will be accepted by tier-one merchants,

That's what I was talking about.
@LiteCoinGuy looks like you haven't read it and are just spreading FUD, repeating after Coinfire.

The article you linked contains neither the words Target, Amazon, nor Walmart...

Definite scam

did you read anything that i posted?

https://www.cryptocoinsnews.com/hashcoin-hashbase-will-bring-bitcoin-mainstream-interview-with-gawminers-josh-garza/

And what proof has coinfire provided to support this claim? I haven't seen a proof of the CEO saying this.

My thoughts exactly. Its clear they have some kind of operation going, its equally clear they are making lots of claims that are highly dubious if not flatout untrue.
Its impossible to me to judge how far the deception goes, which is reason enough never to invest in it.

Hey that's nice to know. Thanks for sharing!

People are so butthurt about GAW that they are going into the extremes of laughing at their frontman's looks, religion, education, pointing out his grammar mistakes and so on. I never invested in any cloud mining, but all this hate and low punches directed at this guy make me feel sympathy for him.

Everything is "next week", "soon", "in awhile" with this operation always in the hopes everyone will forget or they will throw out some brand new incredible idea to make everyone forget. So where are the interviews with Fortune and CNN guaranteed to appear this week, since last week? 3 PH of machines represents 5000 individual units. 5000 Bitmain miners. Call it 10,000 machines. Think about the logistics of that packing moving to the US unpacking and setting up in that mysterious warehouse of theirs in the US versus, leaving them in China and just renting the power and simply claiming they have and own the hardware. What do you suppose can take another week for some highly-respected 3rd party to simply upload some photos and make a simple blog, an hour after inspecting all of this? Let me guess, highly-respected 3rd party is being flown to China where Bitmain has roped off a sector that looks like 5 PH worth of hashing power and a big nicely made sign that says "Josh's Miners".

All under MNDA of course where a single sentence will be offered next week I have seen them and here are some incredibly grainy photos proving so.

The point would be to spend a little money to make a lot more money.

Shit, Pirate put 5,000 coins in escrow on a bet that he wasn't running a ponzi. That publicity made him so much money that he probably didn't give a shit when that bet got paid out.

Indistinguishable from a Ponzi's last pump. Not sayin' it necessarily is a Ponzi's last pump, but I am just sayin'.


Perhaps. We'll see soon enough.

I hear you.

The altcoin scene is a cesspool no doubt.  

You got to break out the scales when looking for something to invest in. Should I invest in the smart kid's ICO(Etheriem for example) with grandeur promises or no promises at all(etheriem) OR a bonafide company with real assets making grandeur promises? Who is the most likely to produce something?

We all know someone is going to hit a home run.

Is Gaw big enough, rich enough, and smart enough to be first to market with their shit together?
If they pull off what they are promising, well ... who knows ... could be a real game changer.

Its all a gamble. Roll the dice. There is always the entertainment value.

Interestingly enough the confirmation from BITMAIN Came on October 30 and they said that the miners are marching your way to join GAWSOME. Indicating that GAW hasn't even received their miners yet.

GAW was selling hashrate months prior to this confirmation.

Shit like this is why its so hard to accomplish anything in this damn industry, we spend more time researching and doin diligence than we do mining and profiting. Why the hell do so many assholes take this industry as a scammers paradise, no matter if its FUD morons or the actual scammers themselves. I just wish there was some kind of virus that attacked scammers and would eliminate them.

I have been looking into GAW for a while was even very interested they were doing a coin, and now look, I dont know who to believe the OP or the GAW lovers posting here, I hope the OP is wrong as I have a few friends heavily invested in GAW.

This is probably a good idea. The realistic potential profit from investing in gaw's hashlets is very small, and realistically has a negative EV if you were to make realistic long term difficulty increase predictions. While if it turns out that gaw is planning on scamming their customers then the customers stand to lose everything.

I don't personally think that gaw is a ponzi/is scamming however I do think the risk is great for anyone investing in their hashlets

"Josh Garza @gawceo  ·  22h 22 hours ago
We had a detailed review by a highly respected 3rd party today. They reviewed our wallets and mining center information. Public next week!"

Wait for this and then eat your own words.

I keep looking over claims and sometimes proof, posative and negative, about the validity of GAW and can not seem to draw a definitive conclusion. However, I've been here long enough to see that where there is smoke there is usually fire, and not the sporadic, easily refuted, measly little puffs of smoke raised by every other troll in here who are guaranteed to attack every single offering and new coin no matter what, NO! I mean prolonged huge plumes of thick black smoke coming from every sub and let out by known trusted bitcointalk users with blatant smoking guns lying all over the place... that is what GAW looks like.

Maybe I'm wrong and I will have to bear the unthinkable shame of having a few 12 yr old basement dwelling trolls to call me a poopy-head etc. but who cares? Type "GAW" into the search bar up in the top right of this page...you will not like what you see.

Be safe, not sorry. Sit back and watch GAW, but do not invest. That is what I am doing. The potential for profit is tiny, the potential for total loss is so big I cant see around it.

If they were acting honestly it would be trivial for them to provide more proof as a way to bolster their reputation and advertise their product. Whether or not there are risks for them purchasing ASICs(I contend there are many) is a moot point because my concerns lie with the motivations being much stronger based upon the much higher profitability of running a fractional ponzi scheme than actually investing and maintaining ASIC's which quickly lose their value.



Sure, it is hypothetically possible to turn a profit cloud mining, just like its is possible to win at gambling in Las Vegas. I would contend that gambling in a regulated Casino in Vegas is a better investment than cloud mining however. Proving thus is simply a matter of comparing casino 95-98% payouts to the average ROI of a person cloud mining.