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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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25598656 No.25598656 [Reply] [Original]

...What went so horribly wrong?

>> No.25599463

It was a scam.

>> No.25599469

>>25598656
Bagholder here. It's a utility token, but I'm waiting for adoption by actual users because i'm too lazy to pioneer it myself.

>> No.25599512

centralized exchange token in 2021
what were you thinking

>> No.25599741

>>25598656
I’m buying... just no time soon at the same price as /biz.

Biz leads from behind.

>> No.25599837

>>25598656
Pre-mined and Presold, with meme tech like deflationary while at the same time it's supposedly supposed to be used as a sort of "fuel" in the exchange, which makes no sense in tandem. Definition scam.

>> No.25599896

nothing went wrong, you're just 1 and a half years to late for buying this shit

>> No.25599957

Well anons, 1 google search....

The Financial Market Authority Liechtenstein (FMA) points out that LCX AG, Vaduz, registration number FL-0002.580.678-2, has not been licensed by the FMA and has not submitted an authorization request to the FMA, and therefore the operator of the website www.lcx.com is not allowed to provide any financial services that are subject to authorisation under Liechtenstein law.

The FMA informs that an approval is only issued following a formal licensing procedure. According to its Website LCX AG is in the process of applying for an OTF/MTF licence under MIFID II and a banking license according to the Liechtenstein Banking Act. According to the „LCX Vision Paper“ on its Website LCX AG, headquartered in Vaduz, Liechtenstein, is applying to Financial Market Authority (FMA) Liechtenstein for a Full-Banking license.

>> No.25599967

>>25599837
What's the incentive of the Prince of Liechtenstein, the founder of Wikipedia and the WEF to scam a bunch of neckbeards on /biz/, care to explain?

>> No.25600332

>>25598656
the exchange itself is not a scam, but was picked by pump and dump group

>> No.25600365

>>25599967
Literally funneled huge amounts of money into their hands. It wasn't on /biz/ that was shilled. It was plebbit that's been astroturfed since at least 2018 and we got the really annoying scraps.

>> No.25600425

>>25598656
useless piece of shit pumped to oblivion, overshilled by pajeets and now retards will baghold forever or sell at loss, like every 99% of shitcoins with low mc shilled here

>> No.25600499

>>25600365
that's retarded anon. a $20MC coin whose total volume was on an AMM swap pool with 200ETH in it did not funnel large amounts of money to anyone. get real.... a pnd group made some ETH, but we aren't talking about a lot of money here.

>> No.25600504

Same clique which created LINK and GRT and shilled it in discord.
They got their pre-minted coins in pre-sale, then shilled it and dumped it.

>> No.25600539
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25600539

>>25600332
>>25600365
>>25600425
>>25600499
>>25600504
Coinmetro trannies from discord fudding Chad LCX as usual

>> No.25600877

>>25600539
Nigger I didn't even know that coin existed.