/biz/ - Business & Finance

>>23157370
Imagine falling for a scam that has Lucky Draw Lotteries to keep Westerners holding a worthless token while they dump it on retards

https://twitter.com/vechainofficial/status/1025778761940127745

Lucky Swap Lotteries to keep investors from dumping and keep their scam going.
https://twitter.com/vechainofficial/status/1025778761940127745

>>23055983
>>23057068
Forgot Vechain's Lucky Swap Lottery. You can't even make this shit up. The imagination of chink scammers to keep investors from dumping and keep their scam going. And the gullibility of crypto investors
https://twitter.com/vechainofficial/status/1025778761940127745

> There’s acknowledged suppression. There’s a reason the whales are doing this, to accumulate more. So just do what they’re doing. It’s really a gift. I’ve tripled my stack since January. The run up will happen eventually. Until then keep stackin.

> Will be... funny..? When all those alt holders who caught FUD and traded their alts at a heavy sat loss to BTC get rekt again when alt season hits. Alt season at some point will leave some projects and shitcoins behind eventually—one would hope, but good thoughts for VET

> I miss the days of the daily lottery. Please bring back the daily lottery.

>>15146251

you have your pick of red flags for this scam

>>14996638

Vechain needs to bring back the Lucky Draw Lottery. It actually pumped the price for a bit last year. All this bullshit hype of Walmart China doing POCs because they were given free VTHO does nothing. Nobody is buying this shit, nobody wants this shit but Vechain morons did love their lotteries.

>>14534357

Everything they do is some tactic to pump up the price while they dump.

> Hold some X-Nodes otherwise you lose that status while we dump

> We gotta lottery going on, hold this and you can win some worthless VTHO while we dump

> Buybacks coming, hold this while we dump

> Look, I am Sunny Fucking Lu and I am buying at $4.00 VEN you should buy some more at these prices (dumps all over white boys)

>>13166724

We are glad you kept it in a professional way Mr. Sunny. It below our minds.

>>12177287

We believe you Sunny!

I just wish you'd bring back the lotteries. Make VeChain great again.

>>11723696

Why did they stop all the lotteries and contests? People loved that shit.

>>10678319
Lmaooooooo

I wonder where’s the famous foxyIT desu
That guy was just like you lmaoooo or the other guy called “thewhatever” who would congratulate these retarded holders on winning daily $10 lotteries(1000vet) lmaooooooo

>>10642682
They made bogus claims like “we made partnership deal with China city woohoo”(yeah an obscure company worth nothing before 2017 crypto boom getting a project to handle a city of China, totally believable)

It was heavily shilled on here and I mean literally heavily, anyone who questioned during December to feb was brutally attacked by the shills. Shills were encouraging people to buy through the whale walls(devs unloading) to get rid of whales.

The CEO practiced heavy manipulation of the market. He pumped his shitcoin by offering a 2 comps on binance back in Q1. It was like BMW i8 giveaway combine with their shitcoins etc

It pumped to 82000 satoshis and then dumped bad.


Later on the CEO goes and announces on stage “the rumor is true” indicating they’re on a wordly level of partnership with BMW to pump the coin.
People had already started questioning the fske one sided partnerships at this point. Everyone started emailing BMW about vechain and CEO basically says “plzzz don’t email, we will be exposed”

Turns out, it was just some shitty start up garage.


The vitalik controverary emerged at this point also. Vechain tried to milk Vitaliks name to gain ethereum investors. Vitalik retaliates and attack’s Vechain accusing them of misusing his name and says “he has met them but hasn’t invested a single cent into them”
Vechain does damage control and says “oh hehe vitalik is an ex advisor of the company we just partnered with hehe”
Basically failed attempt to lure investors.


Their latest stunt would be giving out 100m free VTHOR and daily 1000vet lotteries to people who hold the shitcoin.
They’re still trying to manipulate the market.

Their most absurd claim is the latest one.
“China suffers from fake vaccine problem so we are going to help use our blockchain to track down vaccines and this project will be approved by the PRC and Xi Jinping will be there for us at the expo in November”


KEK

>>10533531

It's an obvious use case but ...

> It's definitely not with scams like we have now with fake partnerships, lotteries, gimmicks, etc

> It's going to take years before enterprises sign on, pay for this shit and become transparent enough to do this

Cloud computing architecture is only now being adopted. Supply chain 5-10 years. Supply chain now are all cash grabs

>>10522617

Every shitcoin uses the same conspiracy theory that people spreading FUD to try to get the coin for cheap.

This chink scam would not have to do gimmicks like a 100 x coin split, free air drops and luck swap lottery draws if enterprises were onboarding and there is going to be a spike in demand for their services.

They do this because it's a fucking China Hustle and the entire business model is pumping the prices of an entirely speculative token which is based on vapormentals.

>>10495583

Fucking serious blockchain doing trillions of transactions for enterprises XD

https://twitter.com/vechainofficial/status/1023238124791508992?s=21

How long will using airdrops, lotteries and other gimmicks to pump the prices last?

> Using the 247639th block and a random number generator, we are pleased to announce that all wallets ending in 'b' and balance over 50K VET are the winners of our first VET Token Lucky Draw event! Your 1,000 VET reward will arrive in your wallet within 24 hours.

Every tactic that they are using makes it doubtful they have a legitimate business model but using every gimmick they can to try to pump up the prices. Is the crypto space really that stupid to buy into this?