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

/biz/ - Business & Finance

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50698878 No.50698878 [Reply] [Original]

WTF IS HAPPENING

>> No.50700621

Great thread op

>> No.50700643

last exit scam pump

>> No.50700688

>>50698878
OooooooOOOOOOOOO

>> No.50700711

>>50700688
Auspicious dubs and ID: oshit

We're all gonna make it

>> No.50704021

>>50700688
>>50700711
witnessed and checked

>> No.50704047

>>50698878
i traded the pittance i was left with for DOT and staked it, 2 more weeks and i can leave their shitty platform
>0.1% cashback
>card doesnt work with most vendors
thanks for nothing

>> No.50704064

>>50698878
24H volume is approaching 200 million, which it hasn't touched since may. Someone made a thread saying a burn is imminent but no source, anyone?

>> No.50704109

>>50704064
No future burns are planned for CRO.

>> No.50704266

>>50698878
Matt "The Demon" Damon

>> No.50704288

>>50700711
fortune is most definitely favoring the brave itt

>> No.50704287

why the fuck do people think a burn is going to make it moon? unless they burn over 70%+, im not giving a fuck

>> No.50704617
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50704617

>>50700688
>>50700711
>>50704266
>>50704288
yeah, I'm thinking we're back lads.

>> No.50705001
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50705001

>>50704266
The Seaman Demon is more like it.

>> No.50705169

>>50698878
I sold yesterday, you're welcome.

>> No.50705208

>>50705169
may God bless your whole village anon

>> No.50705264

>>50705169
Thank you ser.

>> No.50706947
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50706947

>>50700621
First post best post says it all >>50700711
>>50700688
Holy checked back to back
>>50704288
Yes it is
>>50704266
Kek
>>50705169
My dad sold yesterday too , I told him not to. Thanks for your sacrifice

>> No.50706967

>its another random crypto pumps above chainlink episode

>> No.50706988

>>50698878
lender confidence. PROTIP: we aren't in a recession

>> No.50709300

>>50696970
>It's weird you're in every cro thread. Do you scream at people buying cheeseburgers at McDonald's everyday too, old man?
Not true. There were multiple blood posters. I post maybe once a month.
Anyways...... [...]

>> No.50709313
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50709313

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.

>> No.50709520

This happened last time before it shot up to 1 dollar. It just kept going up out of nowhere. Will it be a repeat?? Plus they have ads everywhere

>> No.50709579

>>50709520
I hope so, but I don't think so. Last time the situation was pretty different with how much cash was being thrown around and how everyone was really confident in the market. If this even hit $0.50 by EOY I'd be pretty surprised.

>> No.50710183
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50710183

Double posting.. yeah Mr. Blood is back.
Just to let you know - I sold my bags during the last changes to the Visa Card.
Shit was not worth it.

>> No.50710203

>>50709520
Last time BTC was over $60k. Eth was $4k. BNB was exploding. Crypto was booming everywhere. The Matt Damon ads just aired. The superbowl hadn't happened yet and the LeBron ad hadn't aired.
CRO was offering 12% APY, crazy good returns on the cards, buying stadium rights, doing all sorts of moves that made them look like a competent company. The exchange was coming "in two weeks!", people were posting massive weekly returns from interest.

None of that is happening now. CRO isn't going anywhere and it was a perfect storm when it pumped to almost $1.