GAW why not post pictures of the NDAs with all the names of the businesses blacked out, that way you are not breaking the NDA.

Some background:
CEO of GAW miners went on a public rant trying to promote his new venture saying that they had partnerships with big companies like Target, Amazon, and Walmart... This was followed by a bounch of other such statements.

Coinfire covered this, stating the obvious. That he was outright lying.

Here's an archived version of a catched page containing the article:
https://archive.today/gCnQW

Why a catched version? Hours after the article went public, It caused a lot of people to be furious. Coinfire was hacked and people started thinking it was GAW that hacked into the website.

https://www.reddit.com/r/Bitcoin/comments/2n71hm/coinfire_hacked/
https://www.reddit.com/r/Bitcoin/comments/2n7c9r/coinfire_publishes_article_with_details_about_gaw/

Apparently "GAWCEO" didn't really do much to defend his company against those accusations. He went on to say that the alexa rank of coinfire wasn't importand enough for them to care about it. But guess what, the hashtalk post where he said that is now down as well.

Read the comments in those two posts. There's a good chance they'll make you want to laugh at GAW and Josh. People have started realising what's going on, and since Paycoin was supposed to be the next big thing, it's certainly not off to a good start. Not to mention all those marketing efforts to overhype it being thrown to the dumpster.

What's after this? Do you think this is a situation the scheme GAW has built can survive? Or they done fucked up for good?

---

Edit:
More posts from reddit:
https://www.reddit.com/r/Bitcoin/comments/2n9vrw/what_the_hell_is_going_on_at_gaw_miners/
https://www.reddit.com/r/Bitcoin/comments/2n9x7q/gaw_asks_community_to_troll_the_trolls_in/ Archived page: https://archive.today/7WNoH

Figured since everyone was making an appearance, I wold too

First,  I am curious. Why doesn't the whole "tell the truth" thing apply both ways? You guys demand GAW is truthful and transparent, yet you guys are not. You have posters literally just making things up. For example, that Scott guy has resorted to just making up facts, without a shred of proof. Most here don't bother to do any real research and present any real facts.

For example, I consistently see you guys talk about "every" person that talks negatively getting censored, yet there are negative comments about us all over the place on the HT. Additionally, I just counted all the people that have ever been banned by me, and its less then 100 users, which represents less then 1% of the active users there. How is that "everyone"?

Notice that when I defend the companies position, I typically use numbers and facts. Most of the posters here just make things up, focus on what supports their position and ignore the things that don't. You guys were all over our TOS with it mentioned virtual miners, and now that it references physical miners, no one brings it up anymore? Focus on what makes us look bad, and ignore the things that don't.

Not to mention most of the posters here buy from us! if we are so bad, why would you want to do business with us?

If you think we are violating securities laws, and the team of attorneys and all the investor relationships are are forming are some how missing that, then report us. But why keep talking about it? You guys honestly think its more believable that with all the capital and visibility we have that it makes more sense for us to be breaking the law and scamming people, then us building this company to sell for billions one day? Again, you just choose to ignore what makes your view make sense, and make up the missing information.

You guys still claim we have no miners, based on what proof? Because I refuse to not disclose my total Hash rate? Right......it makes more sense to believe that I don't really have any (despite all the pictures, etc) and for some reason I spend millions on miners that I never hook up. Then to believe that I don't disclose it for competitive reasons? And you guys wonder why I do not not address any of your questions?

Secondly, you guys claim that many of the posters on HT are like a cult, but what are you guys? You guys can not stand to hear anything pro GAW just as much as the posters on HT can not hear anything against GAW. I have seen people, literally, just post their opinions about us on reddit in a neutral way and get down-voted to the point there post dont even show. How is that different then anything you guys do here?

I just find it ironic that about half the points that get made on here are all about being transparent and accepting of other different perspectives when the posters here are just as biased.

I would happily answer any question that someone has when they are actually looking for an answer, not a way to drive their own agenda. But look at it from my view, how can I do that with the way things are handled here? The bottom line is, you guys only hear what you want to hear. Just like you claim HT users do.

Whether you guys believe it or not, I want the same thing you guys do. For crypto to be successful.

Anyways, its unlikely I will respond here again given they way you guys typically handle things here. And to most it will not make a difference, but to some, maybe it will. Minimally, anyone new thinking about doing business with, can read this, then come to their own conclusions.

what about hashpoints

isnt that a loan obligation with a promise to buy back at large premium

i know you have it covered with your lawyers just wondering that the legal definition is because most customers are probably not aware of this

if hashpoints and paycoin conversion is defined somewhere in your tos please point that out i cant find it

The fact that you've found "two" in a short time should tell you there is a bigger problem. It should suggest to you there is a bigger problem than just two. When I asked a mod why I was 'shadow' banned with no notification I was told they had no way of knowing and that I could appeal it if I wanted to. I shouldn't have to do that and frankly its not worth filling out a form to regain access to a whitewashed forum. I shouldn't find out I'm shadow banned by logging on with a different computer one day to see none of my posts are visible.

As someone who has been a customer of GAW since before the Founders club was even announced, its a huge slap in the face to be disrespected like that and yet be constantly told that HT is all about respect. Respect does not just go one way.

Thinking back to the very first version of HT (before it was HT), I find it very interesting to see how many of the early frequent posters have moved on or sold their positions. I was coming up with quite a list when I thought about it the other day. Quite a number of them I haven't seen posting on HT lately.

Sounds a lot like: http://en.wikipedia.org/wiki/Suppressive_Person

So will we be getting an explanation as to why you cannot disclose your mining address and/or payout from actual mining earnings or is "I have my reasons" as good as it's going to get?

I just edited my post. It is KryptiK

Then let your mods review those case of appeal or at least see the users posts to see if it was valid or questionable.

I reposted this from Rootdude on HT, and said This is what's going on with Zenpool, and it was immediately removed and i was immediately banned:

What is the status of the ZenPool "negoitiations"? It was promised by GAW CEO that the pool would return to levels the same, if not GREATER than before. This has been forgotten about... - I know about as much about this as you do. The negotiations were said to be completed, and it's my opinion that Josh is waiting for a strategic time to restore the payouts for the ZenPool closer to the ICO.

What strategy are you using to not payout Zenpool now and waiting, when is the strategic time to payout out everyone what you're supposedly already earning and why would me questioning this be grounds for not only an instant ban but an instant removal of my post?

Thank your for answering the question 

Then if that's the case and you're still the only one who can undo those bans its completely ridiculous, no reason given, no mod knows why and they can't see 0 of the posts, no one can undo them, no appeal possible. I messaged half the mods, Amanda, Amber on the forum and PM you an easy 10 times with no reply.  I have to bitch and moan on BCT for it to be reversed.

I agree with you, everybody makes mistakes but the fact that there is no way to appeal those bans and you're the only one with power to undo them makes it look and feel quite different, it look very bad and feels very personal.

Has this thread affected your business? Is that why you are now speaking to us "trolls"?

This last part is irksome because you have not "adjusted" payouts on Zenpool or lowered maintenance fees even though both have been discussed. Surely you have achieved scale enough to bargain for cheaper electricity rates that should be passed along to the miners.

why do you use shadow bans and what are specific criteria there

dont say respect and off topic i havent seen any beetroot posters being banned yet so theyre must be something else

i dont think there needs to be obligation for a critic to also post positive things

its called a debate or discussion

both sides state their arguments there is nothing wrong with this



can you elaborate what competitive reasons could there be

i cant come up with anything that makes sense

obviously youre mining btc you bought antminers

obviously you need to have a lot of phs

what else could a mining address disclose

This is BS, you've shadow banned me me twice for no reason, go read my 200 posts and tell me why you've banned me.

You might also want to look up MiningAddict, you've shadow banned this one for posting an article about Apple being #2 internet re seller with $18.3 billions of sales per year on the Internet.  

You're clearly abusing your powers and banning people for no valid reason.  What are the odds I was banned twice for bogus reasons and nobody else got banned for bogus reasons, none!

What about the definitive proof that you are using new customer payments to payout "mining earnings"?

Why don't mining earnings come from actual mining?


This couldn't be further from the truth. Your statements are 100% backed by faith/trust not verifiable facts.

Feel free to post your mining address if that's not true. I expect ~20 PH/s of sha-256 or 1000 GH/s of scrypt.


So basically your argument is that "we have so much money, why would we scam people?"?

I'm going to have to award you zero jimmothypoints for that excuse.


Yes that's exactly why. Every other legit cloudmining company has no problem disclosing their mining address, why is GAW different?


Despite all the pictures? You mean the pictures that show 1/10th of the hashrate you claim to possess? Surely you understand why we don't buy it.

Pics can be faked (not that I think yours are) but a mining address is definitive and publicly verifiable proof that the hashrate exists, take advantage of it.


It's not our job to be transparent, we aren't the ones trying to sell millions of dollars worth of promises.

Thank you for the response--can you answer a bit more straight-forwardly?

1. Are you attempting to seek compliance or clarification on compliance from the SEC right now regarding potential unregistered securities violations?

2. When did such an attempt begin in earnest?