http://i.snag.gy/2izhc.jpghttp://snag.gy/d9lBk.jpgSomeone should post these two imgs to hashtalk. Pretty much shows Homero's true colors. He was always in it for himself.
(in reference to first img) Now this is just conjecture but it seems:
1) Become a reseller of miners. "Sell product to miners even though its more profitible to mine them. This will build loyalty."
2) Hashlets. "Use them to fund next project. But also use them to fund next data center."
3) "Right on edge when customers are on edge to loose loyalty the product will magically be done." Hashlets giving out 1sat?
There were no investers. No NDAs. That was just to hide the fact that all of the capital came from original hashlet sales/marketplace fees. Payouts were initially good
because of ponzi-like payouts.
I wondered if the entire chain of events was intentional or if he just thought of the next scam to roll the last one into along the way. Looks like we have the answer. I bought hardware miners from them which did eventually get 100% ROI and are now making a trickle of profit but even before hashlets when they started offering hosted hardware I was highly suspicious. And then after hashlets appeared and greater variety of hardware started to appear for sell to be shipped out I started thinking they were actually selling the miners they had sold to customers as hosted. Everyone switched to the full ponzi of the hashlets but of course everyone, even Josh has to know that a ponzi cannot be maintained forever. So the eventual rollover to a scam coin was actually his exit strategy from the ponzi. If this thing ever goes to court the judge and jury will all say, "yes but everyone knows cryptocurrencies are a big scam" because the media has told them so, over and over and over...
