/biz/ - Business & Finance

Oh, it's the Coinmetro gang again. How is our Estonian scam going lately? That's right. Still not delivering on key milestones, constant delays, AMAs where we learn nothing and the cult is doing its best to pretend everything is fine with the exchange (it's not) to try and gather interest for the token. Just let me remind you that your dreams of massive adoption will never come to fruition:
>Coinmetro is tax-compliant
>Tokenized bonds actually don't have a real market nor demand behind them
>every single time you want to interact with ETH on their platform they increase the fees without warning
>all of their listings ended up being utter failures, DNA being the latest
>financial reports of 2020 indicating they're barely above water
>CEXes are dying against the rise of DEXes
>a side chain from their biggest competitor is gaining all the attention, outshining your little exchange

Surely you must now see how there's no point in supporting Coinmetro considering the above. It doesn't help that the whole thing wasn't sustainable to begin with. I can count the entire user base of coinmetro with 4 hands worth of fingers. Daily volume is astonishingly low, revealing the flaw: it's just a smokescreen to hide that it's actually a ponzi/money laundering scheme, which was proved by crowdfundinsider. XCM cannot be valued above 40 cents. XCM holders are now tasked to try their best to recruit as many people as possible into the exchange to keep the money and the rewards flowing in, otherwise the house of cards inevitably falls upon itself without warning as soon as the tokens bought by Kevin Murcko/the exchange ALL GET SOLD AT ONCE to break even. Let me repeat myself here: the XCM token CANNOT be valued more than 40 cents per token, if not less.