Quote from: jimmothy on March 21, 2015, 04:45:13 AM

Quote from: Hippieminer on March 21, 2015, 04:22:55 AM

I want to share a story with you all. In early November 2014 I was doing something online and I saw an ad for this thing called a Hashlet. It looked kinda cool so I clicked on it. On Gaw's homepage I read more about it and I was like "what the hell?" and bought one. I think it was the genesis that I bought first for $6.95. I got the email and logged into Zencloud and activated the sucker. I fiddled around a bit and checked out the Zencloud site and come to find out they also gave me a free Genesis as a gift. Then I logged off and went to bed. A few days went by and the payouts were steady so I decided to buy a Zen. It was $14.95. A few days or a week later I noticed this odd little icon on top of the Zencloud UI, so I clicked that and it took me to Hashtalk. I registered and started following threads, not really posting...just lurking. Soon I ran across a thread that calculated ROI on Hashlets if you were mining these things called Hashpoints. Apparently if you had a Zen and pointed it at the Hashpoint pool you could potentially ROI in a matter of like 45 days. This was all based on 400 hashpoints = 1 Hashcoin = $20. So I switched my Zen over to the Hashpoint pool. Then sometime later the Paycoin white paper came out. How amazing this coin sounded! Around this time Josh decided to let all Hashlets mine Hashpoints. So I pointed all of them at the Hashpoint pool. Then Josh gave us the option to convert all of our Hashlets into Hashstakers (except the free gift one). So I did so as it seemed like Gaw was moving away from mining. Immediately after conversions were over came the ICO. I had like 800 hashpoints so I got 2 XPY. Perfect! It was just enough to fill my stakers.

Meanwhile I won some XPY and was given a few during contests and giveaways on Hashtalk. When Paybase launched I had around 15 XPY plus a couple in stakers. For a long time I just held my coins waiting for $20 to arrive. One day I said screw it and sold them all for around $8. The next day I had seller's remorse and bought them back. But the price had dropped so I ended up with more. I've bought and sold a few times now and quintupled my holdings to 75 XPY. That's where I stand now. If I sold them all today and walked away I would still have over double what I paid for my Hashlets. But I'm a patient man and if somehow I end up getting a $20 valuation for them it's $1500. Repeat fifteen fricking hundred dollars from a twenty-one dollar investment!

tl;dr: Always make money definitely applies to my experience with Gaw.

LOL.

Here's a breakdown of your GAW investments:

Genesis hashlet: invested $6.95, earned ~$2 = -$4.95 ROI

Zen hashlet: invested $14.95, earned $1.6 (2 xpy) = -$13.34 ROI

Hashstakers (guessing 2 3 month?): invested $30, earned $ 1.4 (~1.75 xpy) = -$28.6 ROI

Total: invested $52, earned $5 = -$47 ROI (90% loss)

tl;dr you probably just made up that last bit to justify your massive losses. If not, then you would have been MUCH better off just speculating and gambling on contests than investing with GAW.

agree
lol