Re: GAW / Josh Garza discussion Paycoin XPY CPIG BTCLend xpyerr.ALWAYS MAKE MONEY :)
Phildo: i actually didnt invest in this. i just chose the fastest growing scam thread at the time to build blockchain visualization tools that i could port to other coins
the email leaks from 2 of Josh Garzas email accounts would lead to believe that before launch he actually believed he could grow the coin to reach values sufficient enough which he could PR spin (even if it was for a short time). all to cover his past actions by making (some of) his customers content. fractional mining kicked him in the nuts and he should face the consequences. supposedly theres unshipped (sold) miners still stored somewhere which could be liquidated to cover some losses from lawsuits and cc chargebacks
the email leaks from 2 of Josh Garzas email accounts would lead to believe that before launch he actually believed he could grow the coin to reach values sufficient enough which he could PR spin (even if it was for a short time). all to cover his past actions by making (some of) his customers content. fractional mining kicked him in the nuts and he should face the consequences. supposedly theres unshipped (sold) miners still stored somewhere which could be liquidated to cover some losses from lawsuits and cc chargebacks
That's bullshit. There was never a plan for what GAW would do with $20 coins, so there was never a plan for $20 coins. IF there was a plan for $20 coins, they would have bought the $4, $3, $2, or $1 coins, because why pay $20 for something you can buy for less?
Thinking he could "PR spin" into $20 wasn't the promise, the promise was a $20 floor that was "too big to fail." The promise wasn't a coin worth $20, it was GAW would pay $20 and that never made sense.
well i agree it made no sense and should be seen as such in court of law. dont ignore the fact that he had no oversight and failed ~highschool. ignorance doesnt relieve him from the facts tho
its just pulled from his ass as it goes on. just like his internet company before which sold non-existent bandwidth, why leave some unused at all times
. actually it smells *cough* of uncle stuwho is suprised this shitshow collapsed? no one with half a brain with no emotional component due to past dealings
im still hoping the corporate veil is broken and/or he has stuff to liquidate (rumour is some of the miners)