Quote from: msarro on January 25, 2015, 07:19:07 AM

Quote from: bitcoinnoisseur on January 25, 2015, 07:09:31 AM

Quote from: tmpwhore on January 25, 2015, 06:35:43 AM

After learning that some poor lady bought $24000 worth of paycoin at $14 a piece, I thought I'd never say this....I hope we are all wrong just for the investors sake. History and SEC investigations don't help any though. Some people on that forum were mentioning some people actually took out loans to buy this turkey.

And that sell wall(80BTC), I was watching in real time burned through in around 2 min, due to the relative small size I'd say it's an individual. If it were GAW themselves it would be more like 500BTC or 1000BTC to stop the losses. I've never seen that ever period. I guess there may be some money to be made if you wait until it tanks more and then sell slightly up at the inevitable mini-pump before Feb 1st's "announcement" whatever that is. Man...those poor people. We've all been burned at one time or another but wow this is almost criminal.

ABSOLUTELY NOT do I hope we are all wrong for anyone's sake. Anyone that dropped that kind of money into Paycoin @ $14 and held is a complete fucking moron and deserves to lose their money. They had to have done absolutely no research whatsoever outside of HT if they did any at all. Guess what? Poor ladies don't have $24,000. I feel sorry for no one that got into anything GAW that late in the game. The only ones that did that acted out of pure greed and ignorance. They need to learn a lesson. However, Josh still is at fault for his countless lies and should be forced to forfeit anything and everything he has when paycoin, paysave, paybase, payflash and paywhateverthefuckhemakesupnext finally crumbles to the ground.

Let's be fair here. A lot of folks got into GAW when zencloud was still paying top dollar as far as cloud mining goes. That was my case. I sunk about $2k in and enjoyed about 2 weeks of $20/day payouts. Then over the course of 2 weeks that dropped down to about $6/day. Then $2/day. The option to at least try to get ROI with paycoin made sense. I mean, it's not unheard of in securities for early adopters to get preferential prices (up to and including free). Up until then what we knew was that, while GAW had had some troubles in the past, they were taking and fulfilling orders for real hardware, they had datacenters, they had a physical location in the US and were inviting people to visit, and they had a confirmation from bitmain that they had massive hashpower on order. There was a lot of evidence in their favor - especially if you're someone on HT who is fully immersed in the echo chamber.

The folks who are out 24k are still out 24k. That's enough punishment. They don't need folks calling them fucking morons and making it worse. They know full well that they made a bad choice.

They are out of that 24k because they were greedy and ignorant. If they weren't they might only be out 2.4k. I don't give a rats ass what they need or don't need at this point. If they had made 240K, which some have, they would still be badmouthing and shitting on everyone that ever questioned Josh. Enough people here went far out of their way to warn anyone and everyone but all they saw was quick $$$. They refused to do any research and took the word of one man, who had lied over and over and over and under-delivered, as gospel. They get no respect from me and no sympathy. If you really feel so bad for them why don't you offer to help them out?