/biz/ - Business & Finance

>>55259199
>Every single altcoin is a ponzi
Not really.

>>53191955
CUMSAFEINMYMOONASSELONOBAMAINU1337
WHITE DOXXED DEVS
CHARITY COIN
10% REFLECTION
LOCKED LIQUIDITY
FAIR LAUNCH
10k microcap, 10000x GEM

https://archive.wakarimasen.moe/biz/thread/45049007/#45060531
https://archive.wakarimasen.moe/biz/thread/45049007/#45055798

Confidence trick scam. Do not be fooled.

This shit is a fucking confidence trick scam.
https://en.wikipedia.org/wiki/Confidence_trick
>>45049768
>They have enough money
>>45050485
>Successful people don't go in public to make a quick cash grab, they already have all the money that they need
>>45050613
>Fair point, though in RVP's case it's more than just one guy, rob rosenthal, todd aydelotte, gary chan, and david gelernter, all in it for a scam?
>>45052623
>Most of them are already somewhat famous in their fields and rich enough already. Why would they ruin their reputations with a crypto scam?
Why do you guys think rich people cant scam? They have nothing to lose. Boomers dont give a fuck about crypto, and if it fails they can just go "oh well volatile market guess we failed" despite having put in literally no effort. The reason they dont heavily market their scam is because they want to get away with it with as little attention as possible so people do not point out that they have no product, that they are confidence scammers, and so they can continue to be dirtbags in the future long after this project is declared dead.

By the way genuine question to baggies, has anyone here even looked at the whitepaper?
https://revolutionpopuli.com/wp-content/uploads/2021/04/Revolution_Populi_WP_2021_3_3.pdf
Looks like a toddler made it in 5 minutes.
I've seen fucking dogcoins with more text in it.

Cmon it's a great pump and dump scheme near ATL.

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.

>>50563282
I have decided to buy ten (10!) Euro worth of WHLshit every day you make a thread.

>>49248885