I work for a crypto startup

[Anonymous No.18676792]

I don't wanna specify which one, it's a very low cap one but I am not here to shill. I am just here to drop a blackpill:

All cryptos are either scams or will fail even if they have good intentions
The only legit ones are BTC(ofc), Ethereum and a few others I won't specify.

[Anonymous No.18676802]

Ours islegit, we do have something that is working, and are making code that we envision to be used by institutional investors.
But I honestly believe there's no way we are going to reach the goals of institutional adoption considering our CEO has been talking about capital raise for over a year and we have still not received a single dime and seem to always change strategy.
The coin also has not seen its ATH since June last year and even with increased publicity it the price hasn't budged much.

I don't know how much time I have left in that job. I have my McDonald's application ready just in case and a dump order of the tokens they gave me so I can atleast get $10k out of it.

And no, coffee isn't good for you

[Anonymous No.18676811]

>>18676792
how about LINK and XTZ?

[Anonymous No.18676824]

>>18676792
who is this semen demon?

[Anonymous No.18676832]

I think this is common knowledge desu. I'd say there are about 5 projects with any real chance of success. I do kind of feel bad for legit projects that stand 0 chance of success though (looking at Ark for example)

[Anonymous No.18676848]

>>18676802

Hot tip:

The one you work for is fucking garbage too.

[Anonymous No.18676880]

>>18676811
most coins over $1b are legit, otherwise they wouldn't be there to begin with.
Some of those I worked with however are from other crypto projects that are legit scams. They have not working product, only a punch of code monkeys who just graduated college with minimal coding experience, and the PR strategy is to just make a shitton of promises but with no actual product whatsoever
In other words, Vaporware.
And I mean legit vaporware. All time they spend is paying some third worlders to make a powerpoint presentation and fooling some retarded VCs to throw money at it to make them look legit.

I'm not gonna say which ones because I will just be accused of being a shill, but I can guarantee most of the low cap ones are complete vaporware.

By the way, I actually used to think we were the same, as my CEO always told me to use software that wasn't the one our company supposedly would use but once I started noticing they actually did use that software but wanted me, who's a novice in the field, to use open source software to practice with the subject, I changed my mind.

>>18676824
She kinda looks like my brother-in-laws gf, but it's not her

>>18676848
I know, atleast I got some decent money out of it. If by a miracle we will receive funding, I'll still work for them until I can probably figure out a way to become self employed

[Anonymous No.18676915]

>>18676792
I work for central Banks, here' a bigger Blackpill, what op says is correct, but they wont be after the massive drop that will prob come next week or following week, it will drop everything to crazy lows, fed is going to be putting basically everything onto the block chain (bonds, ETF's,stonks will be there own system etc) +- near the lows, as the world economy will be tits up.
They will obsorbing all coins into finance 2.0 or some fed Coin/System, not too sure.
Corona was just a speed up mechanic, this was going to be done at some point, but this was an accelerant, btc will go to new lows as stocks will drag it down, see oil as a prime example. But when this reboot happens, be prepared to see 2017 x 1000, so get ready to buy this bottom, it will be the last chance.

Screencap this.

[Anonymous No.18676934]

>>18676792
>>18676802
You should just convince your ceo to start doing memes to shill your shitcoin, all you need is to hire a couple of pajeets and you could become a millionare.
t. someone who knows how it works

[Anonymous No.18676942]

>>18676934
I would unironically prefer us to follow the scam path as we could infact get more money out of that

[Anonymous No.18677014]

>>18676824
A man

[Anonymous No.18677084]

>>18676915
>Screencap this.
why should i waste space on my HD for a stupid larp?

[Anonymous No.18677093]

>>18676792
>blackpill
>All cryptos are either scams or will fail even if they have good intentions

I don't think it takes an """insider""" to realize this, enough to have some grasp on IT and common sense

[Anonymous No.18677159]

>>18677084
bro, you should try google cloud storage, that shit is crazy..

[Anonymous No.18677274]

>>18676880
>is to just make a shitton of promises but with no actual product whatsoever
sounds like Chainlink. They've been promising decentralized oracles for 4 years and they haven't even started working on a sybil resistant consensus algorithm.

They obviously have no clue how to do it and have given up.

[Anonymous No.18677300]

>>18676792
that's literally every single startup. Every single one. Most fail miserably while burning money and capital risk.

[Anonymous No.18677465]

>>18677300
I actually have no idea what to do from here. The volume will allow me to dump my holdings for $12k. But that's just $12k. I guess I'll just do it when I notice we have no way of raising capital and the treasury runs out of funds.
I'll continue working for as long as I am paid. I did get some valuable experience that I might have use for in the future.

[Anonymous No.18677518]

>>18677465
>>18677465
you should build connections and experience, that's kinda it.
if you can still dump after the top guys, do that, you'll be inside and know what to do.
my experience in startups, and being a founder of one (but removing myself from anything related to it very soon after the financing), it's that you are giving money to people who have zero knowledge of how to manage, build and develop a product. crypto is just the steroids version, quicker, more money at your disposable, less worries, less people you have to convince initially. etc.

that's why something like chainlink is completely different from 99% of crypto projects. Sergey and Steve built smartcontact a couple of years before and they knew the path they had to go through. And they were already rich, so no need to try to make things quicker.

[Anonymous No.18677556]

>>18677518
I'll stick to it until I know the outcome of our recent strategy. If we still don't get any capital to ensure further employment, I'll guess I'll silently dump my holdings so I have an emergency fund until we run out of capital

Knowing my luck though, we'll go to 10x after that happens lmao

[Anonymous No.18677583]

>>18676792
>All cryptos are either scams or will fail even if they have good intentions
>The only legit ones are BTC(ofc), Ethereum and a few others I won't specify.

bullshit.
ALL cryptos are scams. No exceptions.

>>18676802
case in point

>>18676880
>most coins over $1b are legit, otherwise they wouldn't be there to begin with.
I make 18 trillion tokens. I sell a token to a friend for $1. My market cap is now $18 Trillion according to you. And you think this is legit.

>All cryptos are scams

[Anonymous No.18677606]

The funny thing is - where is money that people made in crypto coming from?
There must be a whole bunch of morons who lose on their crypto "investments" and are then too embarrassed to talk about it,


>All cryptos are either scams or will fail
And I don't follow the logic of people that think different What retards bought BTC when it was 5-digit USD? What did they think was the future?

[Anonymous No.18677623]

>>18677583
>I make 18 trillion tokens. I sell a token to a friend for $1. My market cap is now $18 Trillion according to you. And you think this is legit.

not the same scenario. Some(not all) of those above $1b on CMC are what I am talking about
The difference is that they have actual volume to sustain the market cap, even if most is wash trading. Your scenario has a volume of $1

[Anonymous No.18677670]

I worked for a crypto startup too. They did an ICO right at the top of the crypto gold rush a few years ago, been living off that money since, added 0 real value to the world. I worked as a sort of a PR/market maker guy, large portion of the team was dedicated to shilling the project via all sorts of media. It was all bullshit of course, the company made 0 money in real projects, because nobody really needs blockchain ETH based coins that do jackshit being on top of some mediocre software tools that you can order from anybody else. The company had a couple of "big shots" from big tech companies (think Oracle, Amazon, Google, etc.) who were all blatantly losers but could be shilled on media. I worked there for a couple of months before realising it was just a big Ponzi scheme, then went for an actual job in finance (think IR). May answer some questions here without doxing myself.

[Anonymous No.18677708]

>>18676915
Banks... this dude works for central banks... plural. Impressive at 14.

[Anonymous No.18677717]

so we all agree: get your money on XRP as its not a digital currency (exactly)

[Anonymous No.18677720]

>>18677670
Where and how do you shill it?
Did you resort to shitpost it on reddit/4chan? if yes - what story you sell in your posts?

[Anonymous No.18677722]

>>18677670
I don't think anyone would know who you are even if you mention the name of the project.
In our case, there's almost no shilling and the community, although probably too optimistic, is very mature and prefers organic growth. There are probably less than 100 posts at most on /biz/ mentioning the name. And if we gain actual adoption, our product will be very useful in both trading and science.
That's one thing that I like about our project. Despite this, I am not positive that we will succeed any further. We never seem to be able to raise any capital or get any customer which has been a core plan for 2 years.


Did you work online? I really just want a job where I can work online and earn around $2-3k a month. I don't need any fancy salaries, as long as I can have a job that pays me that, allows me to work whenever I want and wherever I want.

[Anonymous No.18677735]

>>18677670
Sigh. Chainlink, right fud? Now post the dumbass pasta again.

[Anonymous No.18677751]

>>18677670
>>18677720
Yeah please answer this question.
Do a how-to on propper shilling techniques
What are the core channels, where is the hype

[Anonymous No.18677774]

>>18677722
Is this shit Cindicator?

[Anonymous No.18677782]

>>18677751
>>18677720

bros, this won't work today. He said on the top of the crypto gold rush. At that time, any shilling no matter the quality would result in retards buying.


>>18677774
nope

[Anonymous No.18677787]

>>18676792
>All cryptos are either scams or will fail
Ah, I see you confuse cryptocurrency with ICOs. ICOs are a known scam that the newfags will have to figure out on their own.

I do hope they figure it out before they lose not just their money but hope.

[Anonymous No.18677812]

He is talking about LINK lmfao.

[Anonymous No.18677820]

>>18677606
>where is money that people made in crypto coming from?
I can tell you from my experience. The company I worked at did a really big ICO shilling a shit ton of coins to a bunch of rich morons (I don't respect anyone who loses money, but I got a bit of that via salary, so can't complain). Most of the ICO were done at the time by private means and channels, I am not sure how exactly they found rich people to put money into the garbage, but there were a few large whales who had been holding for quite some time and believing that shit would moon, really delusional.
The market cap of the coin is down more than 15 times now since the ICO, it's not even in the top 200 by market cap anymore. It's really miraculous that some people still hold. My work included talking to those via telegram telling them it's going to be daijoubu and that they should hold and gonna be rich as fuck soon. At the same time we kept selling coins at one of the exchanges to finance our doings.
So, yeah, there are a bunch of morons who invested in this shit and lost money. It's not like it's too different from investing in a private round C VC shit like uber that drops 50% after IPO.

[Anonymous No.18677848]

>>18676880
>most over 1b are legit
wrong. xrp isnt legit. iota isnt legit. bitconnect wasnt legit. just cause it has 1 bil marketcap doesnt mean theres actually 1 billion dollars invested in it, most of these shitcoins have no liquidity whatsoever. link flash crashed to 1 cent ffs all of this fucking trash have simply supressed supplies, either by big holders (creators or early investors) or delusional ponzi loving investors. its all a scam. all of it. from #1 to the last one. thats the real blackpill

[Anonymous No.18677857]

>>18677812
nope, although I bought 127 LINK for my brother and sister for Christmas 2018 from the advice of a friend.

[Anonymous No.18677868]

>>18677848
it's not 2017 anymore, faggot. And I didn't even say all.
Learn to read

[Anonymous No.18677901]

>>18677777
test

[Anonymous No.18677937]

>>18677820
>I am not sure how exactly they found rich people to put money into the garbage, but there were a few large whales who had been holding for quite some time and believing that shit would moon, really delusional.
protip: VCs are always tech-illiterate. They got rich simply because they were lucky. Actually, most rich firms got rich because they were lucky. Fuck, almost everyone with alot of money are genuinely retarded. There's no such thing as "hard work and high IQ" that is the only recipe to become rich.

Long BTC 100x with all your liquidity right before a huge pump(you don't know this, you just gambled) and you are in techincal terms filthy rich but still fucking retarded
Alot of BTC whales who mined thousands of BTCs in the early 2010s are genuinely retarded fat fucks and have no idea about investment, but one day they were multimillionaires and could now order a whole harem of underage children for his newly constructed sex dungeon

[Anonymous No.18677956]

>>18677720
Mostly Twitter and Telegram positive posting. We also spent money on youtube bloggers to say "this is the next big thing". Those are not expensive at all. Also bought some bloggers "influencers". Also did some posting of a lot of photos from conferences with some random dudes. We also had some bots to make markets and draw some technical analysis bullshit to lure people into buying on the exhanges, but I was not directly involved into that. Real trading volumes were small so markets had to be made regardless of "shilling".

Had a reddit was mostly inactive and dead. Tried same news posting there, no results.

We also had a metric for "ROI" calculation trying to assess how much spending on a youtuber had an impact on price going up. Didn't really work that way lol, price sensitivity did not reflect at all, but we tried.

No 4chan, I doubt the coin was even mentioned here once.

>>18677735
Nah, I actually have a bit of LINK. Mine company was much-much smaller. Got around 40-50 mil bux via ICO. They also got money from private investment rounds before the ICO, but I was not privy to how that went.That was in 2017-2018.

>>18677722
>Did you work online?
Nah, had a pretty decent office. I worked in a coworking style. The office had several really cool meeting rooms for presentations and talks (aka shilling).

[Anonymous No.18677965]

>>18676792
No shit dumbass

[Anonymous No.18677995]

>>18677956
how much did you make?

[Anonymous No.18677999]

>>18677868
you said "most are legit" which is wrong you larping faggot. most ARE SCAMS. and what does it matter that it isnt 2017 anymore? all of this garbage is still overvalued as fuck thanks to the printing out of thin air of stable coins. ITS ALL A SCAM. the fact that you can make money out of it doesnt mean that it isnt a scam

[Anonymous No.18678030]

>>18677956
what country were you all from?

[Anonymous No.18678062]

>>18677999
>and what does it matter that it isnt 2017 anymore?
Iota is not $1b anymore, grandpa
I still stand by the fact that most coins over $1b right now have legit development. They aren't full vaporware and has working products or serves as a proper trading vehicle
But that's not all.
You might say shit like "BTC is a scam because it's a massive ponzi scheme orchestrated by the whales that hold over half of the supply with no clear view in sight of actual adoption", that's understandable but the core purpose of Bitcoin is not a scam. It's a legit product that spawned all other cryptocurrencies.

[Anonymous No.18678063]

>>18677956
What did work best from all the shilling?
How would you do it differently today?

[Anonymous No.18678078]

>>18676792
Gay larp. Fuck off glowie

[Anonymous No.18678091]

>>18676792
Yeah no shit newfag. Buy chainlink and fuck off.

[Anonymous No.18678106]

>>18678078
suck my cock, frasier
btw terry was based

[Anonymous No.18678327]

>>18678030
One of the European countries. The team also had some burgers from American big tech. One of the "big shots" was a nigger, but that was not the reason I left. We also had a Chinese speaking guy who I sat next to.
Most whale investors were German, we also had a surprisingly large community in Latin America.
>>18677995
Not too much, a couple of grand. The wage was almost identical to what non-public tech startups paid back then (we called ourselves a public company cuz we had coins issued, seemed retarded to me all the time I was there).
>>18678063
Not sure what worked best. I think announcing new clients and partnerships had the biggest effect on the community. We also promised staking to everyone. As I mentioned, we tried to work out a semblance of ROI tracking for "shilling", but I left when that was in process.
We actually had a somewhat working product (albeit uncompetitive compared to what usual startups do), a nice team of software engineers and a decent sales team. I didn't see any revenue though, it all came from selling coins and trying to prop them up. For that we basically reported every call our sales team made as "a new meaningful partnership" on media. We also had some actual partnerships, but those were strange because they were concluded with other startups with zero revenue and resulted in no profit for anyone.
My whole impression is that the company would work much better if it was just a normal software developer startup. But it decided to be a blockchain company, do an ICO when it was hot, grabbed a bunch of easy money and then they had to stick with it. Last time I checked their twitter they were shilling blockchain for coronavirus tracking, not sure who would pay for that lol.

[Anonymous No.18678359]

>>18676792
Based

[Anonymous No.18678650]

>>18676792
TELL US WHICH ONES ARE SCAMS NOW ANON

[Anonymous No.18678666]

>>18676880
he looks like my brother

[Anonymous No.18678685]

>>18678666
based kathoey/bakla sibling

[Anonymous No.18678723]

>>18676792
is he your boyfriend?

[Anonymous No.18678759]

>>18678723
I wish

[Anonymous No.18678859]

>>18678327
Did you or the founders cash out at one point?

[Anonymous No.18679008]

>>18676792
I also worked for one. Basically, a bunch of White guys with money rent out a space, hire a bunch of pajeets to write all of the back end code for them in a back room. Maybe one or two of the White guys knows how to program. All day they kinda just sit there acting like they're some sort of revolutionaries, but they're just scam artists. There's always at least one person there that became rich as fuck off of Bitcoin because they bought it really cheap.

[Anonymous No.18679024]

>>18676792

[Anonymous No.18679046]

>>18676802

Why not sell now instead of waiting until you're already approaching the bottom?

[Anonymous No.18679073]

>>18676915
Ah yes, Central Banks, my favourite bank

[Anonymous No.18679101]

>>18676792
Can back up everything OP is saying is legit. Not in the space myself but my buddy was the founder of a token that was HEAVILY shilled on biz. Wasn’t a scam but was destined to fail from the start. He made about $300k off it at the end of the day, still feels bad tons of people lost so much money and his dream died. But he was 23 at the time and it was his first business venture. He now still works in the space and meets people in crypto all the time and says the same exact stuff as OP. His favorite crew he likes to shit on are EOS. Says they’re all bros and morons and have no real plans to make anything of value just like being rich.

[Anonymous No.18679103]

>>18679046
could get into trouble for that. They will know who's dumping by looking at wallet movement. I don't wanna lose the job just yet without any comprehensive backup plan in place

[Anonymous No.18679133]

>>18676792
>The only legit ones are BTC(ofc), Ethereum and a few others I won't specify

LTC, DASH, XMR

[Anonymous No.18679170]

>>18679101
XVG?

[Anonymous No.18679180]

just noticed I have Pee in my ID
hahaha pee pee poo poo XDDD

[Anonymous No.18679850]

what’s the first or last letter in the project’s name that your work for? spell it out fgt

[Anonymous No.18679860]

>>18679850
begins with U and ends with M

[Anonymous No.18680316]

>>18678327
>Last time I checked their twitter they were shilling blockchain for coronavirus tracking
... Gulden(NLG)?

fits timeline
looks like utter shit
never heard of it

I'm gonna assume that's it, as I went over all twitter posts containing "blockchain tracking coronavirus" and this was the only official shitcoin page that posted something

[Anonymous No.18680674]

>>18679860

[Anonymous No.18680757]

>>18680316
he said ICO was after the peak, NLG has been around since 2014

[Anonymous No.18680856]

>>18680757
yeah you're right
well that was my only lead

I don't even care just curious (and wanna point my finger at anon and call his opsec shit)

[Anonymous No.18680915]

>>18676802
>our CEO has been talking about capital raise for over a year and we have still not received a single dime and seem to always change strategy
as soon as he will receive a couple of millions expect him to step down and run away as fast as possible
let me guess, he is talking about being acquired by some big daddy...
that's what all scammer CEOs do, raise the company until you get some free funding and run away with an exit bag

[Anonymous No.18680921]

>>18680856
heh
or maybe was it GET Token(GET)?
these NLG mooks retweeted their shit, not exactly "blockchain coronavirus tracking" but something in fashion

yeah that's gotta be it
>location
>time
>nobody heard of it
>shit price
>a company with an actual product with a useless token

[Anonymous No.18680958]

>>18680674
kek, that was the first word I thought of too
didn't think they named a fucking crypto after it, what a scam

[Anonymous No.18681076]

>>18680674
lmao
No seriously.
Starts with D and ends with Z

[Anonymous No.18682213]

>>18679180
Not only that, but you piss gold (Au) fren.

[Anonymous No.18682375]

nice fud but you're never getting your hands on my stinkies!