Bitcoin Forum

Just read this article and thought i will share it on here:

https://steemit.com/cryptocurrency/@yourwhisper/why-gamecredits-mobilego-seem-to-be-a-typical-pump-and-dump-coin

Please let me know what you think about this.

No, it's not a scam.

Looking at your post history and the choice of words in the "article" it seems you wrote it yourself.

Or do you expect us to believe you were so "lucky" to discover this unknown article just 20 minutes after it was written?

There's has been a lot of FUD going on in the MGO topic lately. Now the price goes up and "suddenly" a new article appears... it's magic...

https://twitter.com/CryptoPark/status/912715426945277953
https://twitter.com/gamecredits/status/912696051198513157
https://twitter.com/MobileGoToken

Even if it is a pump/dump it doesn't mean it is a scam. Doesn't have to be the devs doing that.
Also, I have to incline with the statement above.

You are not happy your ICO didn't get you instant x20 profits?

Long term projects take time to build. This is one of them. Better stay put and reap the benefits in the next years.

if the developers are seriours and works hardly, it's not scam!

pumps and dumps don't mean scam!!

But a coin being moved through a pump and dump scheme is a little unsettling, even if the devs aren't part of it.

FYI. Clash of interest is outright illegal in the corporate world.

They can basically drain all of GC/MGO funds into Datcroft's bank account. That's how serious it is.

Elaborate please, I can read it but I fail to comprehend it.

Here an example:

GameCredits Inc put up three public tenders, Datcroft bid for all of them at ridiculous price tag and win all tenders.
Money successfully crossed from point A to B.

Yeah alright I get you now but I honestly can't make a valid statement on this. I'd agree that if whats stated in the article is true it is atleast peculiar.
Not to interested with either of these businesses so I'll keep myself out of this.

The point of all this is to let people know that they are not really interested in building stuffs.

I think you are making up some theories, but the facts behind them are very few.... essentially , you are showing a potential conflict of interest. That's pretty common, and doesn't mean anything alone

anyone who reads this article make sure you read jacks comments below the article, he absolutely destroys this whole article with nothing but facts, MGO has a huge future ahead of it the person who made this topic even said hes a "ex-investor' on this coin sounds like someone who get burned and is looking for nothing but revenge.

Just to say, am not a GameCredits/MobileGo supporter. Do not even hold a single coin. But I just read the article and yes, it has one or two valid points to raise concerns (how bidder is the same for 3 projects for example) but this does not mean the coin is a scam. Also, it sounded like a rant from a guy who was not happy with how his plan to make x100 did not go well.

Do read the full Steemit comments too. Stronger arguments against the story.

It not the first time I lost money but the misdeeds i discovered from all of this are horrifying. In fact the list is so long, that i can come up with part two.

 ;D

That is part one, if you need part two, let me know.

thank you for the article you opened up my eyes, I just bought more MGO thanks I really appreciate it, il continue to hold for a long time and keep adding to my stack thanks again ;-)

I would not be so categorical.
The potential is definitely there, but time is needed.

Please do it, the exposure is good, the MGO topic stays on top :) Thanks.

And next time, don't act like you "found an article" if you wrote it yourself.

i dont know MolibeGo i never research for it but i know GameCredits very well and is trong project.There are so many indian people behind and support it.i think this coin is under value for now

And after almost a year, Gamecredits/MGO had not build anything.

::) I have predicted it, both of projects have been running by incompetence person without any experience about that. it needs a lot of channe and remember you need a lot of connection to the developer of the game to accept your platform. It will never happen and then i could say that MGO and GameCredit just another useless scam project.

Complex scam, fronted with good marketing I must say. Hired a Jack Kuveke that sugarcoat and promised the moon but never even hit a milestone.

The MGO team was suppose to be from Tunisia. Disappeared after raising 58 million dollars. Although I spotted some of them on Facebook travelling around the world.

I bet that their huge office is just to show that they are really "working" on a product, people are just being hire to sit at their desk, salaries are cheap over there anyway. They are smart enough not to have legal implications.