Vechain

[Anonymous No.10933324]

No vechain discussion? So we can all admit its a scam right? You can't even talk to the bagholders without them dismissing you as a troll. I was being a shitty troll on their telegram but when i actually started raising serious FUD, they banned my ass.

VEN uses PoA with 101 authentication nodes, this is essentially a distributed blockchain, i.e. no different to a giant server. You have to trust VEN and their authority node holders, which are mostly held by VEN, their shit ICO partners and friends, so you are completely placing your trust in them.

The "12 different nodes" you are talking about, do nothing in practise for the ecosystem, they just generate a never ending supply of tokens for "node" holders so there is a lot of fiat locked up in their network.

The whole thing is a pile of shit, if you want to "trust" a blockchain provider that uses PoA, try using IBM or Microsoft instead, VEN is just a pump and dump scam that cannot be trusted.

The whole idea of blockchain, and its subsequent trust and security is to create a decentralised network. They are now shilling themselves as a dapp platform, what a fucking joke. Who is retarded enough to run a dapp on a PoA.

[youcouldveboughtambbutyoubough(...) No.10933374]

Unironically buy AMB as it has none of these problems

[Anonymous No.10933400]

>>10933374
AMB is a gypsy scam. They can't even run a functional ama but you expect them to compete with IBM ?

[youcouldveboughtambbutyoubough(...) No.10933505]

fomo is coming

[Anonymous No.10933546]

Supply chain as a whole is a meme that peaked with the last bubble.
Rather have a trusted party with a proprietary database for this. Let's see what the next bubble will bring and let this meme die.

[Anonymous No.10933570]

It’s obvious now that these supply chain ICOs are scams.

The same kind of people that invest in ripple buy them.

[Anonymous No.10933717]

chink marketing trash trying to bait dumb western retail investors.

>cck
>lotteries
>thor warcraft theme
>node ponzi
>xnode meme popping bubbles to earn thor
>rumor is true
>oxford
>vitalik advisor

i respect the hustle. 10/10 scam.

[Anonymous No.10934344]

Sell the shills, buy the FUD

Thnx biz

[Anonymous No.10934370]

>>10933324
nice pasta anon

[Anonymous No.10934390]

>>10933324
Whatever. For now the price is going up, scam or whatever the farting fuck it is.

[Anonymous No.10934527]

>>10934390
Its allways going up when /biz/ fuds it. You have to be a brainlet to not connect the dots.

[Anonymous No.10934577]

Weird how massive multi billion dollar companies have bought into the scam

[Anonymous No.10934598]

>>10933324
VEN got hype because of the supply-chain meme and that it had it's own network instead of relying on Ethereum. That Hype was then adopted by deluded redditors who will do anything to hold that coin that they think will make them rich.

And that's the story basically. Whales dumped, deluded get-rich-quick-but-i'm-in-for-the-tech bagholders holding bags and try to hype it back up whilst everyone knows it's a scam by now.

[Anonymous No.10934678]

>>10933400
>>10933374
the scambrosus ama was the funniest shit i've seen in a while. i mean just look at this shit https://www.youtube.com/watch?v=8EIU1yRFDF8

[Anonymous No.10934700]

>>10934678
also ask yourself, why is the CEO's surname versetti, but yet he surrounds himself with russians?

hint: he's a fucking borisnigger with a name change

[Anonymous No.10935244]

>>10934577
Are you talking about that PowerPoint with a BMW logo pasted on it next to the phrase "the rumor is true"? lmao

[Anonymous No.10935260]

>>10933324

Ey faggot I could care less about your brainlet IQ. Fck off.

[Anonymous No.10935273]

Somebody give me a quick rundown on why Vechain is alleged to be a scam here

[Anonymous No.10935326]

>>10935273
>china hustle
>something something bmw
>shady tactics
>something something dnv gl got tricked too

[Anonymous No.10936339]

>>10933324
vchain literally so COMFY.
67% of TOTAL SUPPLY LOCKED away for X nodes. No one is going to give away their X NODE status.

YOU GOT CUCCKED

[Anonymous No.10936451]

>>10934577

>massive

DNV GL is a $2B revenue company. That's considered a small cap stock. Not even public either.

[Anonymous No.10936464]

>>10936451
>being this much of a KEKsoyboi

[Anonymous No.10936484]

I almost admire vechain's ability to scam. They really did their homework. When one scam dissapates, another one takes it's place. They used all the classics too.

>timing the ICO on a bullrun when people are least suspicious
>implying they are chinacoin or "connected"
>implying they are Western by reaching out to small Western companies (DNV GL is a small company)
>implying they are international by having a presence in Singapore
>evolving from a supply chain to a platform to a worldwide financial system
>shill armies on reddit and telegram suppressing discussion
>listing yourself on one exchange
>partnering with a wash trading site to pump your volume
>creating tokenomics that force people to hold or buy preset amounts
>creating a news cycle by manufacturing your own (medium)
>cult of personality (Sunny Lu)
>contests, airdrops, and giveaways
>"stealing" ICOs when most are failures
>taking code and repurposing it as your own work
>absurdly long whitepapers and financial "reporting" riddled with jargon meant to confuse people that are impossible to verify
>changing the rules and parameters as you go
>hype marketing (CCK and CREAM)
>constantly implying thing are happening tomorrow, or next week
>call everyone who disagrees with you FoxyIT
>pump a bunch of money back into the tokens
>pump fake transactions to make it look like your chain is being used (then stop)
>imply you are going to save the children in all of China by tracking vaccines
>put an RFID chip on a sticker and call it tamper proof
>have Teeka shill it
>Another Chinese partnership

Current scam: yeah you don't actually need to know the authority nodes and the transactions are fine

Anyone got guesses what's next?