/biz/ - Business & Finance

>>24422364
March 2018
> BTC $8,300
> XRP $0.69
> BCH $970
> LTC $165
> ADA $0.17
> NEO $68
> XLM $0.22
> XMR 215
> https://coinmarketcap.com/historical/20180316/
Fucking XRP, ADA, and XLM have done better than ETH kek. Too many ICO scams cashing out and dumping ETH. Now they're replaced with DeFi scams.

I mean 99% of these shitcoins are scams. Why is Substratum being singled out?!! Is this fair?

>>13954793

>why someone here would take the time to fud anything.

Because 90% of the projects are scammers and money grabs that suck money out of Bitcoin/ETH. Then that BTC/ETH is dumped. Scammers become rich. It hurts the whole market. Dumb fags lose a ton of money and think the whole space is a scam.

>>13588121

After everyone's money got wiped out on shitcoin scams and most the shitcoin investors left? Alts (besides ETH) will get a bit of of pump but it's not going to be much more than early 2018 -- not until huge BTC increases at least.

https://www.reddit.com/r/CryptoCurrency/comments/bhw7hk/warning_substratum_silently_removes_access_to/
Why was this shitcoin ever given the time of day?

>>12909842

They got caught. 90% of the cryptos are no fucking different.

BABB

This scam is founded by Khaled Al-Kebsi who changed his name to Rusd Averroes and didn't disclose this. His financial service experience is with fictional vaporware Fintech Wowpaymobi.

REQ

Two French faggots

https://www.linkedin.com/in/etiennetatur/
https://www.linkedin.com/in/christophel1310/

founded failed money transfer company Moneytis

https://www.linkedin.com/company/moneytis/

Which has exactly ONE employee right now. So they decided an easier route was to scam you with the Request Network


SALT

Restaurant GM with no Fintech credentials founds this. Leaves cashing out on ICO money. Being investigated by SEC.

Holy fuck, SUB is imploding. Substratum Insider Admits Scamming and Paid FUD Against Skycoin

From plebbit: r/CryptoCurrency/comments/au0943/lost_94_of_my_capital_over_100k_mostly_due_to

"I'm ashamed to admit I was in a Substratum private insiders group where we actively fudded other coins and organized campaigns to try and damage Substratums competitors, especially SkyCoin. We were all treating it like a game, like a sports team as you say, where the goal is to defeat the opposing team. For us the main opponent was SkyCoin and we fudded them constantly on reddit and 4chan and twitter and even in their own telegram channels, just making stuff up and repeating it over and over."

"The thing is, it was so easy. Easy money. We would just brainstorm new fud ideas about SkyCoin each week and then each go off and post them on 4chan or on the SkyCoin telegram or whatever. We had big lists, like bullet points of fud that we'd spam into threads any time there was a positive discussion about SkyCoin, and it would disrupt the thread and everyone would be chasing their tails trying to refute all the fud.

One of the guys last year, he managed to get a recording of SkyCoin's CEO joking about insider trading and we edited the audio to make it sound really serious and then released it on twitter. Dozens of crypto news sites picked it up, and somebody even reported it to the SEC. It ended up crashing the SkyCoin price pretty badly. Even now lots of people still think there was insider trading happening, but it was all just bullshit we made up."

"The guilt is eating me up. I have done so many things I'm ashamed of over the last year. Honestly I probably deserved to lose this money. Karma. The things our group did to other projects, on social media channels, they were so dishonest. And we weren't even getting paid much to fud other coins, but every dollar I earned I just spent it on more Substratum tokens. Such a fucking waste of money, and a waste of a year of my life."

Holy fuck, SUB is imploding. Substratum Insider Admits Scamming and Paid FUD Against Skycoin

From plebbit: r/CryptoCurrency/comments/au0943/lost_94_of_my_capital_over_100k_mostly_due_to

"I'm ashamed to admit I was in a Substratum private insiders group where we actively fudded other coins and organized campaigns to try and damage Substratums competitors, especially SkyCoin. We were all treating it like a game, like a sports team as you say, where the goal is to defeat the opposing team. For us the main opponent was SkyCoin and we fudded them constantly on reddit and 4chan and twitter and even in their own telegram channels, just making stuff up and repeating it over and over."

"The thing is, it was so easy. Easy money. We would just brainstorm new fud ideas about SkyCoin each week and then each go off and post them on 4chan or on the SkyCoin telegram or whatever. We had big lists, like bullet points of fud that we'd spam into threads any time there was a positive discussion about SkyCoin, and it would disrupt the thread and everyone would be chasing their tails trying to refute all the fud.

One of the guys last year, he managed to get a recording of SkyCoin's CEO joking about insider trading and we edited the audio to make it sound really serious and then released it on twitter. Dozens of crypto news sites picked it up, and somebody even reported it to the SEC. It ended up crashing the SkyCoin price pretty badly. Even now lots of people still think there was insider trading happening, but it was all just bullshit we made up."

"The guilt is eating me up. I have done so many things I'm ashamed of over the last year. Honestly I probably deserved to lose this money. Karma. The things our group did to other projects, on social media channels, they were so dishonest. And we weren't even getting paid much to fud other coins, but every dollar I earned I just spent it on more Substratum tokens. Such a fucking waste of money, and a waste of a year of my life."