/biz/ - Business & Finance

**WARNING**

Own (CHX) is a pump and dump scam coin.

The fraudster devs pumped the price of their token by lying about mainnet being Q1, lying about having tokenized billions of dollars worth of assets, and lying about having STO's lined up until 2020. The devs have been dumping their tokens on exchanges for months.

They will keep delaying mainnet until they have dumped all their tokens and then walk away from the project. Mainnet was supposed to be Q1, then Q2, now it's "end of the year". They can't dump all their tokens at the same time because there isn't enough liquidity to do that. They can only dump about 10,000 tokens per day, so they need to keep stringing you a long to make you hold.

>https://github.com/OwnMarket
I'm going to comment their github on every dumb fucking FUD thread i see

>>13427981
But why

>>13427981
https://dsr.weown.com/own/dsr

And a working fucking product.

The FUD to get cheaper prices is desperate. Do not sell your golden goose.

the fraudster devs are dumping their tokens

>>13428443
the legit devs are creating the amazon/ethereum 4 equities/stos.

>>13428854
>the legit devs are creating the amazon/ethereum 4 equities/stos.
lition beat them to it

>>13428443
The devs can do what they want with the tokens, they aren't investors. Wait until you see the 7 STOs that are ready to go once the token swap starts in June and the lockups happen from the validator nodes. My guess is straight to 1-3$ by August

>>13428882
>lition beat them to it

LIT has no blockchain and will be on testnet all year. The CEO demonstrates a lack of knowledge about STOs. He's a code monkey. Where can I use their daps or blockchain? Exactly, get rekt.

>>13428977
That is why you buy CHX at the last second. Why pay a premium when it keeps dumping?

>>13428977

$10 eoy

>>13429079
It depends on if you know when the last second is. There is a lot of information that will drive hype again that will be releasing soon

>>13429035
>LIT has no blockchain and will be on testnet all year. The CEO demonstrates a lack of knowledge about STOs. He's a code monkey. Where can I use their daps or blockchain? Exactly, get rekt.
lit is doing at $20m sto soon. chx is doing make believe sto's

>>13429079
>Why pay a premium when it keeps dumping?
not only that, but everything else is pumping

>>13429171
See anon, instead of dumping your chx and buying LIT. You could've dumped it at the top and starting buying back this last week and had 2x the CHX so far. I'm up to 350k CHX. I wouldn't advise my worst enemy to buy LIT. You're fucked

>>13429181
try again

look at chx chart. it looks like it is falling off a cliff into a bottomless pit.

>>13429170
>It depends on if you know when the last second is.
My estimate it will be when the price hits around 0.00075 ETH. Question is whether people will dump or hold a week prior to the swap. They don't have much time to make announcements and general confidence in OWN is at all-time low. Only bagholders are interested at this point.

The price will not reach February levels before the swap though, so you can buy at a discount either way if you sold a long time ago.

>>13427697
>pump
>frens

The constant FUD is a mechanism of scalp trading. Scalping works best with a token that has good fundamentals because the sell/buy cycle will repeat, making you easy money each time. I'd explain it deeper but i can't be arsed.