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Showing 20 of 107 results by gamersglory
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Board Service Discussion
Re: Do you think you were scammed by GAW? Tell Ars Technica
by
gamersglory
on 14/01/2015, 00:40:00 UTC
I've been a customer for almost a year and started with GAW Fury's and then went to cloud miners and then to mining Hashpoints for Paycoins. It has always been profitable and support and service have always been great!

Please do yourself a favor and stop reading the lies and crap from people who have never been a customer and look into the FACTS!! Believe me, You don't want to be left behind at this point!!  Wink

You've been a customer for "almost a year" even though GAW fury's went up for sale last May? Seems like a bit of an exaggeration. (like the $100 million floor)

Here are some FACTS for you:

Hashlets were advertised as:

- Always Profitable
- Reducing maintenance fees
- Never obsolete

In reality you got

- Profit for 2 months (and an extra month if you switched to hashpoints)
- Never reduced maintenance fees
- World first miner to become obsolete.

Anyone who didn't trade their "digital miners" for "cloud stakers" is currently enjoying a total earnings of 1 satoshis per day. Maybe in 30 years they will have enough satoshis to pay for the transaction fee.

Hashstakers were all sold based on the lie that there would be a $20 floor. At $5/paycoin, hashstakers are looking at more than a 50% loss. GAW blames the CFTC and says a $20 floor would be manipulation but apparently it's completely fine if they have a $20 floor buyback program that stretches the payments over months/years. (for a limited time only)

Keep in mind, there's nothing wrong with a high risk investment being unprofitable, unless you're like GAW and promising profit.

As for Vaultbreakers, Looks like everything went according to plan:




Don't know why you would bring up a Known Scam group such as KNCminer to try to prove some point. You people need to do your market research to see what happened to the Floor as bigtime miners dug under it and caused it to collapse. Also making a 'Market floor' is highly illegal in commodity trading so we could not make a floor. There were big dumps on the exchanges of XPY  at the start which caused the rapid price drop. This should not happen as often now as the coin is mineable through POS only now. Having the POW stage last as long as it did and not limiting the amount of hashrate was a mistake as I beleave there were big mining co. that used there power to mine XPY and cause a huge XPY serge to cause a price drop. This action of purposeful abuse and illegal market manipulation by the BTC community as they felt threatened by XPY being a better long term alternative and we as a community beleave it is still the better long term option as the Current upcomeing crash of BTC is showing it multiple weaknesses.          
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Topic
Board Service Discussion
Re: Do you think you were scammed by GAW? Tell Ars Technica
by
gamersglory
on 14/01/2015, 00:14:20 UTC
Alright Enough People. This Spreading of FUD is making thing bad for Bitcoin and for Paycoin as well as all Crypto. If you have not noticed since the flame war started here on Bitcointalk BTC has Plummeted in value and has caused everyone to look bad LTC suffered the worst fate so far and Thing just keep getting worse. Be Civil people. This is tiring and I baleave it is in the best interest of everyone to call a truce as none of this is helping anyone and cause both coins to lose value.      
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Topic
Board Service Discussion
Re: Do you think you were scammed by GAW? Tell Ars Technica
by
gamersglory
on 13/01/2015, 22:53:18 UTC
GAW is a good company mind you there may have been somethings that where misinterpreted by some people. That being Said the major users of this site bitcointalk.org have spread FUD and continue to do so as they see Paycoin as being a threat to there precious Bitcoin which has seen it value drop rapidly since the start of paycoin. That being said at the start of Paycoin mining there where large mining farms turning there vast mining power on to paycoin these farms which would normally mine BTC. As markets started taking Paycoin for Fiat there where large dumps being made causing Paycoin to go from $20 value to under $5 dollers that market was flooded to try and protect Bitcoin. The so called price was based on the fact that the coin would reach $20 in market value and did not factor in for illicit players tampering and short selling on the exchanges. You can get the deta from any major exchange that is trading XPY.    
Post
Topic
Board Speculation
Re: So finally it is what I researched.
by
gamersglory
on 07/01/2015, 20:19:56 UTC
There aren't that meany Major Bitcoin exchanges out there that work in all places makes sense that BitStamp would hold the most.  
Post
Topic
Board Bitcoin Discussion
Re: Next in currency saga
by
gamersglory
on 07/01/2015, 20:15:35 UTC
Yep Litecoin's market is almost gone. As for what has happened to Bitcoin between the Bitstamp break-in and all the petty squabbling from the small children in the community about Paycoin and the fact the real reason you made noise is that you viewed XPY as a threat to Bitcoin. With all the bickering the big investors in BTC sold a ton off seeing the volatility of the people involved.       
Post
Topic
Board Service Announcements (Altcoins)
Re: CoinMarketCap.com - Market Cap Rankings of All Cryptocurrencies!
by
gamersglory
on 17/12/2014, 03:18:07 UTC
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][PYC] Paycoin - Going to be hard forked soon!
by
gamersglory
on 21/11/2014, 01:55:36 UTC
GAW trademarked the name and own the .COM domain they will probably send a Cease and Desist order from there legal team. All You have to do is rename you coin to something else. 
Post
Topic
Board Mining (Altcoins)
Re: My 13 miners at Cloud Zen Miner
by
gamersglory
on 06/08/2014, 23:21:36 UTC
you may be forgetting that zencloud charges per day after the first month to host your miners. that's why money is missing from your hash.

The falcon cost $2.20US a day to host 1 on zencloud

$4.41/day per WM 
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Topic
Board Mining speculation
Re: Electricity Cost
by
gamersglory
on 11/07/2014, 20:42:00 UTC
I just know I can get it for 5.5 cents a KWH  Grin

Could you be more specific;

In which part of the world are you ?
Are what is the actual electricity price ?
And the transmission, network price ?



North Carolina, US
5.5 US cents per Kilowatt hour. with the data center i have a deal with.
Transmission fees are in the rent but not bad with the 850kw load i'm pulling.
Post
Topic
Board Mining speculation
Re: Electricity Cost
by
gamersglory
on 11/07/2014, 20:11:36 UTC
I just know I can get it for 5.5 cents a KWH  Grin
Post
Topic
Board Hardware
Re: The Wasp Project Collective Information thread.
by
gamersglory
on 11/05/2014, 22:10:16 UTC
We are Looking at Scrypt ASIC's as well I will be working that front for now
Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin just a stepping stone to something better?
by
gamersglory
on 08/05/2014, 23:39:17 UTC
How is it possible that Bitcoin is a stepping stone, when the code is open source and can change? It's not stuck and frozen in time, it can evolve, right?

However Bitcoins code is hardwired to only 25 million coins that's it.
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Topic
Board Bitcoin Discussion
Re: Is Bitcoin just a stepping stone to something better?
by
gamersglory
on 08/05/2014, 23:36:57 UTC
30,000 devs on BTC!! Sounds like to many hands in the pie. You will need a coin that has tight regulation to keep copy coins down. open source code for the coin is not always a good thing. Also those that want to say my ideas are communist what do you think open source code is. You contribute code don't get paid for it and it's freely available. That's communist !  I was suggesting more then just the one idea of not allow people with more hash power to be penalized. I was thinking more along the lines of a mechanism that would prevent a 51% attack and throttle down mining ops or pools that get at or near 51% of overall hashing power of the network.       
Post
Topic
Board Hardware
Re: Extolabs EX1 - 3.6 TH/s ASIC Miner, is this legit??
by
gamersglory
on 08/05/2014, 23:14:26 UTC
Do yourself a favor and by the real deal that's 6.4th/s http://www.spondoolies-tech.com/products/sp30-yokon

Friends of the WPC and make real miners
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Topic
Board Hardware
Re: Antminer S1 psu
by
gamersglory
on 05/05/2014, 17:59:23 UTC
Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin just a stepping stone to something better?
by
gamersglory
on 05/05/2014, 05:44:27 UTC
I think bitcoin will be around for a while and the price will go up a lot and then yes, eventually another "coin/platform/tech" will have addressed all of bitcoins flaws and become more widely accepted. 

What are these flaws?

One guys owns 10% of the economy.
Block times are 10 minutes.
If I want it to be secure, I have to load linux on a computer not ever connected to the internet and then make a cold wallet and then store that safely.  (are you kidding me??? like .01% of the population is even capable of doing this. seriously 0.01%)
Mining bitcoin uses lots of energy and computing power which ultimately makes bitcoin prices much higher than they need to be for the service actually performed. (yes, I know some of you like this, but really it is a flawed system)
Mining is becoming heavily centralized and moving forward if the pools don't okay something, it won't happen.  (do you think they will okay things against their interest, even if it is in the average person's interest.  sounds like the government we have now controlling fiat)
The language is confusing.
It's start has grown out of shady industries tainting its image.
There are lots of services being provided by or planned by 2.0 platforms that bitcoin just can't do or at least isn't doing.

Yes, bitcoin is adaptable and yes it can address many of these faults and adapt, but will it address all of them?  Some of these flaws are pretty serious flaws.  A new platform that wipes the slate clean and addresses these issues and more, could be much more successful and overtake bitcoin.  I gather bitcoin will still be around when that happens; just as fiat surpassed gold, it didn't make gold irrelevant. 




Part of my point exactly. Bitcoin is not a fair coin. Now we have been seeing this with rich people buying all the mining power they can find and chewing through the network while those of us who can't afford to mine on a large scale are stuck with the Bitcoin equivalent of trickle down economics. Which we know does not work in the real world. We need a coin that can do a few neet tricks. I would like to share

1. The coins mined earn interest while in your wallet or on an exchange Wallet. Don't know what would be an appropriate rate though. But the best thing i think would be the rate would very based on how much hashing power would be on the whole network ex. more hash = more interest . This would help little guys who don't have a lot of hashing power. makes it more like banking

2.No interest made when your not mining. Not putting in the work anymore why should you earn.

3.The biggest part a coin that can adjust with inflation and deflation. If the value goes down everyone should feel it in there wallet no mater how big or how small. Amount of coinage in your wallet would decrease or Inflate based on value think for example if the coins value got really high it would split like a stock 1 coin becomes 2 coins and so on a split would happen after it reaches a fixed doller value.

4. Some sort of new hashing algorithm that puts everyone no matter how much hashing power they have on equal footing. Difficulty increasing should not be able to be cheated by having more hashing power.

5.Mined block size will vary based on all of the above. Each block will have the interest to pay out to everyone's active mining wallets.

I would love for others to add there ideas and comment on my ideas           


     
Post
Topic
Board Mining (Altcoins)
Re: 28nm Scrypt ASIC A2 based G-BOX and Promotion on G-Blade
by
gamersglory
on 05/05/2014, 01:49:38 UTC
innosilicon the company that screwed Zifer on the A1's they make a crappy chip
Post
Topic
Board Mining (Altcoins)
Re: GAWMiner just put their new ASIC miner for sale on page
by
gamersglory
on 03/05/2014, 22:17:18 UTC
This board is BTC hardware only
Post
Topic
Board Hardware
Re: Black Arrow Miners ???
by
gamersglory
on 03/05/2014, 04:45:49 UTC
Depends on where you bought them. If you bought them from https://www.blackarrowsoftware.com or minersource.net then you bought them from the right places.
not only that but if you order from batch 1 you get an extra 1th/s of mineing power from each x3 you bought as compensation for the delay. They should be shipping out this month   
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Topic
Board Speculation
Re: I give up
by
gamersglory
on 29/04/2014, 04:36:11 UTC
well it will go back up but i don't see it  ever going anywhere over $1000 ever again. Although with all the VC being pumped in you would think it would be more stable.  Also when you bet on Cryptos you need to be ready to be in it for the long hual. It's not for day trader types.