Post
Topic
Board Service Discussion
Re: Do you think you were scammed by GAW? Tell Ars Technica
by
TerryC
on 14/01/2015, 00:47:24 UTC
I've been a customer for almost a year and started with GAW Fury's and then went to cloud miners and then to mining Hashpoints for Paycoins. It has always been profitable and support and service have always been great!

Please do yourself a favor and stop reading the lies and crap from people who have never been a customer and look into the FACTS!! Believe me, You don't want to be left behind at this point!!  Wink

You've been a customer for "almost a year" even though GAW fury's went up for sale last May? Seems like a bit of an exaggeration. (like the $100 million floor)

Here are some FACTS for you:

Hashlets were advertised as:

- Always Profitable
- Reducing maintenance fees
- Never obsolete

In reality you got

- Profit for 2 months (and an extra month if you switched to hashpoints)
- Never reduced maintenance fees
- World first miner to become obsolete.

Anyone who didn't trade their "digital miners" for "cloud stakers" is currently enjoying a total earnings of 1 satoshis per day. Maybe in 30 years they will have enough satoshis to pay for the transaction fee.

Hashstakers were all sold based on the lie that there would be a $20 floor. At $5/paycoin, hashstakers are looking at more than a 50% loss. GAW blames the CFTC and says a $20 floor would be manipulation but apparently it's completely fine if they have a $20 floor buyback program that stretches the payments over months/years. (for a limited time only)

Keep in mind, there's nothing wrong with a high risk investment being unprofitable, unless you're like GAW and promising profit.

As for Vaultbreakers, Looks like everything went according to plan:

http://i.snag.gy/2izhc.jpg


Don't know why you would bring up a Known Scam group such as KNCminer to try to prove some point. You people need to do your market research to see what happened to the Floor as bigtime miners dug under it and caused it to collapse. Also making a 'Market floor' is highly illegal in commodity trading so we could not make a floor. There were big dumps on the exchanges of XPY  at the start which caused the rapid price drop. This should not happen as often now as the coin is mineable through POS only now. Having the POW stage last as long as it did and not limiting the amount of hashrate was a mistake as I beleave there were big mining co. that used there power to mine XPY and cause a huge XPY serge to cause a price drop. This action of purposeful abuse and illegal market manipulation by the BTC community as they felt threatened by XPY being a better long term alternative and we as a community beleave it is still the better long term option as the Current upcomeing crash of BTC is showing it multiple weaknesses.          

Excellent points! Mining bitcoin is not earth friendly and with the increasing power costs and difficulties, how can it be sustained now?? Paycoin is so much faster and has so much more functionality.. I honestly believe that they are going in the right direction and this is not a scam.. Look, they could have sold all their pre-mine coins and made millions and been long gone way before now?? This is a better choice for the future, but the coin launch did not go as planned otherwise the coin would be over 20 by now, IMHO.