Well you were warned ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FE0bNbVY.jpg&t=663&c=w2-gTKfRr7l8fQ) As pointed out here... https://bitcointalk.org/index.php?topic=4438258.new#new..to be careful of Chinese scams. It was a failed blockchain company which was around since 2015 that realized that they could finally make some money with an ICO because of the crypto boom in late 2017. They said they were 100 team strong and developing since 2015 but deliver a blockchain which is a consortium chain ripoff of Ethereum. Companies and institutions calling them out on fake partnerships such as BMW and Oxford. They've pumped their prices with fake volume washtrading on a scam Chinese exchange LBank which at one point did around $100 Million VEN per day!! Their claim that they are going to have trillions of transactions and be the most used Blockchain was all garbage marketing to steal money from dummies. This will only get worse.
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This China Hustle is falling apart. It's going to get ugly by the end of the year
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FWkFd3dH.gif&t=663&c=23TPaUncwMddBA) We went from having NEO worth $0.50 and nothing else from the Chinese to literally hundreds of Chinese shitcoins flooding the market. Vaporware Chinese shitcoins that do nothing but scam artists like Sunny Lu of VeChain claming they are going to be the most used Blockchain when they launch doing trillions of transactions based on fake partnerships or NEO claiming they are going to be running the smart economy in China. All bullshit. These tokens are banned in China in the first place. Then they airdrop small amounts of the supply like Ontlogy, TheKey, etc drive up the price with speculation and dump on you. They give you vaporware and you give them Bitcoin and ETH. Chinese people don't even invest in Chinese meanwhile we have people who think that hundreds of these vaporware Chinese scams are breakthrough technology. This is destroying crypto.
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FE0bNbVY.jpg&t=663&c=w2-gTKfRr7l8fQ) What the hell has happened to crypto? If you look at the top 200 coins, like 50 of them are now Chinese whereas a year ago, you basically had NEO. And take a look at VeChain. Nobody on their team can talk about anything technical. Sunny Lu sounds almost as bad as Justin Sun. He says they're written code for a blockchain from scratch but it looks like they ripped off large chunks of Ethereum and the whole EVM. Also, most of the trading that has pumped prices for VeChain is fake volume on LBank. Check CMC.
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Dragonchain. Every developer in the whitepaper was an intern or was working his first job at Disney. Zero experience. What could go wrong? Everything did ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Guys, I'm thinking about investing in holochain. But I do not know what at the moment the circulation of tokens and total supply. Can anyone suggest the?
133 Billion in Circulation out of 177 Billion Total. It's entered the top 100 and steadily rising up through it. Watch out ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Do early RaiBlock/Nano investors remember December? - You could only get RaiBlocks on Mercatox and Bitgrail and they were shady as hell and always down.
- Everyone kept saying it was a pump and dump.
- It was doing the most volumes on 2 tiny exchanges - like 3-5 million per day.
Feels like HoloChain is doing exactly the same thing. I posted this when RaiBlocks/Nano was at $2-$4 and it ran to $34+ before having all kinds of problems with the exchange hack and the market crash: https://bitcointalk.org/index.php?topic=2623279.0
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I know this project keeps on pumping but I am adding another red flag here. Today they tweeted from their official account that they were going to be listed on Coinbase (the biggest exchange in the US which only lists BTC, ETH, LTC and BCH). https://twitter.com/jayden_crypto/status/991759742388256768They then quickly claimed that their twitter account was hacked. This was similar to claiming there was a CNN documentary about them then saying it was cancelled last minute. The supposed developers of a secure, decentralized and censorship resistant internet cannot even keep manage to keep their twitter account secure?
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It's really sad that this scam vaporware has paid for shilling in so many YouTube crypto channels and articles and is pumping. Really a sad state of crypto.
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A lot of Koreans have caught on to the Ripple fraud. In January when Ripple prices skyrocketed, they found this Ripple wallet holding hundreds of Millions XRP dumping hundreds of millions of XRP to bring prices crashing down. Every time prices go up, some of these wallets with hundreds of millions of XRP dump on exchanges Use Google to translate the Korean https://steemit.com/kr/@koreancrypter/4pgssfCheck this Ripple piece of garbage out that the article points to. Looks like it dumped everything. When I posted this in another forum like a week ago it had 70 Million XRP and it's transaction history looked all messed up. Now it's showing it's all dumped but it shows at one point this wallet held ONE Billion XRP. Centralized, manipulated garbage can print whatever they want https://bithomp.com/explorer/rDahLhHJaowRYn4hRkS9S2YpAeiTR8mjBF
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$10 Billion USD was transferred via the Ripple network not $10 Billion worth of the cryptocurrency XRP Sorry forgot, banks don't actually use XRP Ripple just hypes it up and gets fools to buy it and dumps hundreds of millions in exchanges as shown above
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XRP is not being used by the banks, it's just a lot of marketing.
Pilot test programs does not mean banks actually want or use XRP.
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I think they have the lowest transaction fees for any currency with that type of speed. Quite a catalyst for mainstream adoption. Bitcoin segwitt will also make this more interesting as well.
It doesn't have any transactions fees. ZERO. And it's the fastest.
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RAIBLOCKS (XRB) is amazing. It is what a crypto currency should be. Once you use it, you are in awe and want to buy as much as you can when you see it at under $5. It seems that is what everyone does because it like $0.10 a few weeks ago.
It was designed for one thing and one thing only: to be currency that allows the transfer of value. It does that better and faster than anything else. Yes, even faster than a centralized bank coin like Ripple (XRP) with it's validators or IOTA with it's centralized coordinator. It's amazing to have multiple monitors and watch yourself send it from and exchange and get it in in your wallet at the blink of an eye.
I only hold a few coins long term (BTC, XMR, ETH) but this got me hooked right away. How is this not a top 5 coin right now? It's already doing what Lighenting Network promises right now! Imagine once the major exchanges have it, it'll be the standard way to transfer value from one exchange to another, instantaneously and without fees. I think this gives it the greatest potential for real world adoption in crypto once there is a mobile wallet that connects to a remote node.
It has some issues like the desktop wallet has trouble syncing and you have work around that. There are also open questions about how it would handle spam transactions. But it's amazing that RaiBlocks has jumped into the top 50 without shilling and hype and only available in 2 tiny exchanges. When this hits a major exchange or two this will be a top 10 crypto. With further development and better UI clients/mobile client and some marketing, Raiblocks could be a challenger to the throne.
Also one of the great things about XRB is that it was fairly distributed. A lot of people earned their Rai solving captcha. It seems there were Venezuelans doing this and it's great that the meteoric rise in value is going to some who acquired them.
I usually don't get excited about alts because almost every single alt is hype, a scam or not a working product. But having a crytpo provides utility and does a single thing like magic has gotten me excited.
My prediction when I started this thread that this will be a top 10 crypto still stands God the shit this coin has been through (and I think will continue to go through)
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Everyone said this last June when Eth hit ~$400 and Bitcoin hit $2500.
....then Eth got stuck at ~$300something until end of November and Bitcoin hit $10,000.
Nobody knows what will happen
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