/biz/ - Business & Finance

I thought Bitcoin Core was going to be 25000 today. What's going on? I saw it in a dream a month ago.

>>54988196
Pretty sure Ape is just a memecoin with a fake ecosystem. It's not much different from Shib just because they started with some nfts. It's an ERC-20 without any good reason to exist like everything else.

Ensogo / Monaco / CryptoDotCom
Fraud.

>They exit scammed all their customers with Ensogo.
https://www.techinasia.com/ensogo-customers-merchants-feel-ripped-company-answers
https://www.xwork.my/ensogo-scam/
>They lied about having a VISA deal.
https://economictimes.indiatimes.com/markets/stocks/news/cryptocurrency-up-695-on-deal-with-visa-that-didnt-happen/articleshow/60919710.cms
>They partnered with wirecard issuer of VISA, who is also dealing with fraud false accounting and lacking funds
https://www.bbc.com/news/business-53132953
https://www.reuters.com/article/us-germany-wirecard-inquiry-timeline-idUSKBN2B811J
>They defrauded all their ICO investors with Monaco
https://www.cryptoiqtrading.com/monaco-mco-that-raised-26-million-in-ico-and-promised-to-deliver-crypto-visa-cards-rebrands-itself-to-crypto-com-and-then-crypto-com-chain-cro-after-failing-to-deliver-cards/
>They defrauded all their early investors with MCO to CRO token swap
https://www.cryptovantage.com/news/opinion-the-crypto-com-mco-swap-has-outraged-investors/
>They have no way to profit off of their business model
https://librehash.org/taking-a-brief-lookback-at-monaco/
>14% APY on CDC, don't ask where the money comes from. It is definitely sustainable in the long term. Crypto.com is surely a profitable venue.
https://economictimes.indiatimes.com/wealth/invest/how-not-to-fall-for-a-ponzi-scheme-here-are-5-red-flags/articleshow/70203114.cms
>but the volume?! That's their profit!
Washtrading and 0% maker/taker fees on maximum Cro stake.
Pretty much all big exchanges washtrade, but that's not the point. The point is that the alleged profit they have to sustain all these ridiculous perks does not exist and they are not profitable and when the hype dies down and they can no longer pump and dump their token they are in deep shit.

There is no more fraudulent exchange than Crypto.com.
There will be blood.

Who else shorting and feeling comfy?
Bitcoin BTC at 18k? Lmao, shits going down to 12k with this macro. Delusional bulls. Bear market won't end until 2024.