Re: GAW Zen Hashlet PayCoin unofficial uncensored discussion. ALWAYS MAKE MONEY :-)
I'm not involved in GAW at all, thankfully. But as an outsider looking...this whole thing from haslets to primes to Zens to paycoins is a fiasco. All I see is a hype machine preying on people who came too late to bitcoin mine. They have the "get rich quick bug" that we have all dealt with. Maybe a very few early adopters made some coin. But like all schemes, it quickly unravels and the masses pay the price.
I could be wrong. But the whole thing just has a bad odor about it.
I could be wrong. But the whole thing just has a bad odor about it.
I couldn't agree more. I have felt that way since the beginning as well. Well said.
Had my fun with early BTC mining. Key word "hype"
The problem with your views are that almost everyone that has invested in GAW is way ahead now. GAW keeps changing the game and that is frustrating to some, but it is working. I wasn't sold at all on the hashstakers, but they are actually working out pretty well. This just keeps happening with GAW.
The problem with that statement is that it's not true at all.
GAW has no real revenue streams. They've admitted several times now that mining is unprofitable for them. (even after spending $8m on the worlds most advanced pool)
With no real revenue streams, 100% of GAW's money comes from investors. That means if you made a profit, someone else made a loss. The only reason some people were able to play GAW's games and made money, was because other people played their games and lost. This is the nature of a Garza scheme.
To win GAW's games you just need to understand it's a scam that is always shapeshifting into the latest and greatest profit making scheme. If you stuck with any of the old schemes with hopes that it will payout decent returns again, you lost.
You don't really know anything about GAW's income or how much mining they have or didn't have. So you are making up stuff to try to have a point. Now that GAW is paying in XPY and XPY can be sold on exchanges it really doesn't even matter how things worked in the past. People that haven't broken even yet are now moving that direction. Some people that invested large are reaping huge daily income.
I'm not going to try and defend GAW's amount of mining because I can't prove anything anymore than you can disprove anything and it really doesn't matter any more. I fully expect things will be different again in six months. That is just how it is. Still my statement is completely true and after the successful lunch of XPY, even newer investors made a lot and stand to make more.
Shhhh....if the coin hasn't lost 80% of its value in a year and isn't named Bitcoin, then here on this forum its considered a scam! LOL