/biz/ - Business & Finance

I fucking told you so.

>>29236746
>e x i t s c h e m e
>fundsu dissapearu

>>29228374
There will be nothing left to reward stakers with
Literally an exit scam

>>29169472
and why does the shape of the fucking chart matter so much to him? certainly, in due time, the product would speak for itself, no? No. The only inflow of income into REEF is new investors, literally textbook ponzi. Unless the project leader does not know or care about the price, it's a pump and dump, and should be treated as such.

>>28994946
I don't know shit about rubic and asko, but I genuinely think reef is a scam lol. tell your buddies to break even asap.

did you seriously think they were going to fix things?

>>28918198
I'm an author of a lot of the FUD. I don't think it's necessarily a rugpull or a scam, in fact if I had to guess, what they're doing with the supply is similar to how companies sell shares when their shares are high to raise capital. It's no secret that we're in an inflated market right now. The issue is, it shouldn't be a guess. The project has quite clearly gone off course, and the team is being incredibly secretive and sketchy about all of it, banning anyone who asks questions in their telegram, and basically just telling people to "trust the plan" without giving any information at all on what that might be. Instead, they focus on marketing, meming, and some bizzare fucking songwriting competition, even though they don't have a functional project to advertise. it all gives off some red flags, especially given that the CEO has been involved in some other projects that failed, and nobody has really answered anything. There's totally a chance that it's still a good project that could moon someday, but it's really starting to look like reef holders are standing on a rug. I still hold $100 worth, but I pulled out my initial deposit and took some profits with it. too much downside risk.

decide for yourself.