Quote from: pd62512005 on December 18, 2014, 10:31:13 PM

Quote from: jimmothy on December 18, 2014, 08:25:28 PM

Quote from: pd62512005 on December 18, 2014, 08:10:27 PM

The only point I'm here to make is being made. Anyone can launch a smear campaign, with baseless fodder. The reason we can all talk about pyramid schemes, and ponzi schemes is because there was proof. Not just opinions. When you look for proof the allegations here fall apart. I would refund my purchases if there was proof.

It really doesn't work that way.

As puppet nicely put it:

Quote from: Puppet on November 30, 2014, 12:39:32 PM

A ponzi is defined by the absence of a mechanism to generate revenue or profits (in this case: mining hardware). Proving something is a ponzi would therefore require proving a negative. You can not prove a negative, so in theory its possible any of the companies I labeled as "ponzi" are in fact mining. But thats like saying in theory its possible unicorns do exist or that its possible that Nigerian Prince who emailed you yesterday, really inherited a $500M gold mine concession and wants to share it with you. You can not prove thats not true either, but to most sensible people the complete absence of evidence is a very compelling to dismiss the claim, and thus certaily reason enough not to invest there.

All we can do is look for indicators, like paying out the old investors using funds from the new investors (never from actual mining proceeds), refusing to provide a mining address, or showing pics that amount to 1/100th of your claimed mining capacity.

Quote

Out of the claimed 200,000 customers of theirs I see 50, maybe 100 people pissed about different issues. 4 have reported them in the typical legitimate old school ways. 3 resolved satisfactorily Maybe more have secretly. And when that information comes available publicly I will accept it if its factual. I believe most huge retailers would love to have those stats.

Anyone can make up numbers. In fact jimmothycoin has 500 million users world wide and zero complaints. Impressive right?

Fact is there is zero evidence to support the countless unbelievable claims GAW is making. There is however plenty of evidence to suggest they are all/mostly BS.

So your saying every company everywhere is a ponzi scheme? That's intelligent. I mean theres no way to prove a negative. So the whole world is a ponzi scheme. The universe, god, rocks, the color gray, its all one big ponzi scheme.

I'm enlightened, thanks :/

That's not what I'm saying at all.

Several companies have proven they aren't a ponzi/fractional reserve, GAW is not one of them.