The entire investigation will be posted tommrow. It includes some damning evidence of loq and his crony pals. Also, the report includes several reasons why Shibecoin is finally dead and won't ever come back.

Earlier today during an in-depth investigation into the abject failure of the rip-off coin Shibecoin, "Johny Coinz" interviewed the unsuccessful developer "Loq" the creator of Shibecoin. I pasted the interview below.





////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////
Johnny: So "loq" you created Shibecoin recently for what reasons?

loq: Johnny, I saw that many alt coins were being created in the market and they were truly innovative in many ways, I wanted to harness the potential of POS after seeing the success of Blackcoin and I also wanted to brand the coin with the catchy name Shibecoin to perhaps steal some of the Dogecoin community and perhaps convert them over to the POS system.

Johnny: Well, you actually angered most of the Doge community and many people referred to this as a scam or rip-off? How do you respond to these allegations?

loq: Honestly I never asked or searched out the Doge people to see if they were interested or consenting of my use of the word Shibe in my coin, but it's a word. And words are not property, I didn't intentionally try to upset them. I really was hoping that we could work together on this and be a happy family.

Johnny: I do not think you will ever be considered family to the Dogecoin community, but let us move on to a new topic. Shibecoin had a lot of popularity at its birth, but that quickly declined into hatred and a passionate exodus from the coin. This caused the price to falter and that caused many more people to leave the Shibecoin community and market. Please comment on this.

loq: Johnny, I didn't expect the problems to be so numerous and complicated. When the wallet staking issues started, I was in over my head......really I had no clue what to do, I was just experimenting and trying to copy what others had done with their code. I wanted to...

Johnny: Before we get into the staking issue, lets go through the problems chronologically. First the coin was disabled on the markets and this happened many times, what was the reason for that?

loq: Hmmm....uhhh, well I don't really know...we had some issues with the code, I really wasn't ready to deal with the problems I was trying promote the coin as best I could. I wasn't even aware the coin was disabled on the markets.

Johnny: When you say promote, you really mean you were sitting in IRC chatting with other people?

loq: Yes. I feel that IRC is the best place to reach the type of people that would be interested in an a new innovative POS coin.

Johnny: Well, I wouldn't agree about the innovative part....but on the IRC issue......is it fair to say that you spent A LOT of time arguing with people in IRC about Shibecoin.

loq; There was quite a few people who were spreading lies and rumors about the coin, and I desperately needed to dispel these rumors.

Johnny: What were some of the rumors?

loq: Hmmm, mostly that the coin deposit weren't working and that confirmations were broken, also a lot of people complaining that it was a rip-off....I don't really remember...

Johnny: The consensus is that Shibecoin is a rip-off coin, and it's a fact that the coin was broken soon after its launch. Many people had issues and the exchanges had to disable the coin.

loq: You are right, it was a mess. I want to be up front and honest, I was in over my head. The code was wrong, its still wrong. The coin is a mess, I'm glad I've washed my hands of it.

Johnny: loq, the truth is that you were removed from heading development of the coin and replaced by a much more stable individual. There is plenty of evidence that shows your behavior and decision making regarding Shibecoin was immature and inexperienced. People got tired of the incessant drama you created, you effectively destroyed the coin with your decisions. You treated people that had serious issues with the coin with disrespect and ignored many issues. You should have been honest with people from the start and admitted that you had no right to be releasing a cryptocurrency and fooling so many people into losing A LOT OF MONEY. I have the evidence right here that you and some other people dumped millions of Shibecoin at the market peak. This caused a severe market crash, and you deceptively took their money right out of their hands. Shibecoin is a fraud, what say you?

loq: (silence and head shaking for about a minute) Oh man...I (long pause) I, uh, I feel horrible that so many invested into Shibecoin and the price crashed, but this is what happens in trading. I did sell most of my Shibecoin at the top market price around 450 satoshis, I made a lot of money....I guess if you look at it, I have those people's money now. They invested, I sold....and now their Shibecoin is worth next to nothing.

Johnny: loq, the real issues is the fraudulent claims that you made about the coin's stability and innovation and future. These people believed that they were buying a stable currency that they would be able to use in the future, a lot of people BELIEVED IN YOU and THEY BELIEVED IN SHIBECOIN. How were you able to manipulate these people so easily?

loq: Honestly? People are stupid, they want the next new flashy thing...POS was the bomb at the time, and it still is, Blackcoin was a trail blazer....Dogecoin is a fun community, I stole their concepts and tried to brand it as my own. The problem was I didn't really have the innovation, I didn't have the community. The whole thing was a lazy rip-off attempt, but it worked. I made money for my pockets, that is truthfully what it was all about. I really wish those people could have made money with me, but the fact is that Shibecoin couldn't compete with the REAL coins that are available.

Johnny: And it didn't survive because you and your friends dumped millions of coins on the market, did you know the coin would crash after that? Did you want it to crash?

loq: NO, I didn't want it to crash. I'm not an asshole.

Johnny: NO? So your just incompetent and inept? And a fraud? People lost A LOT of money! They lost faith in the crypto system because of jerks like you that prey on a system that has no rules or regulations to safeguard them. I hope this never happens again, but i get the feeling that you're going to be right back at it. You probably have already started working on another coin? Have you?

loq: (silent for a bit) No, not really....nothing I plan on releasing. Just my own work, stuff like that.

Johnny: Well, I don't believe you, and I hope anyone that reads this interview will keep an eye on you and make sure you keep your incomptence out of the crypto scene, you make me sick. This interview is over.

loq: You still owe me a hundred bucks.

Johnny: Fuck you, go dig it out of your pockets.

You did sell at 450, you dumped all your coins, effectively killing the market of this coin. It wasn't going to be anything anyways, it was a doomed failure from the start because the developer is an immature childish HCP and a fool. If you dont know what HCP is loq, i have pasted the definition below.




HCPs and people with personality disorders share three key characteristics:

1.    They lack self-awareness, especially of the effects of their own interpersonal behavior on others.

2.    They don’t change their behavior, even when receiving repeated negative feedback.

3.    They “externalize” responsibility for problems in life, blaming forces beyond themselves.

 

In addition, HCPs have the following two behavior patterns which many people with personality disorders do not have:

•     HCPs are preoccupied with a “Target of Blame” – usually someone very close to them (boyfriend, girlfriend, spouse, parent, child, best friend, etc.) or someone in an apparent position of authority (supervisor, company, government agency, police, doctor, lawyer, politician, etc.). They take aggressive action against that person, including lawsuits, employment complaints, spreading rumors, and even violence, in an effort to get that person to go away or change their behavior, so that the HCP will stop feeling so threatened inside. Many people with personality disorders do not focus on one person this way and are not able to sustain an attack against another person the way that HCPs do.

•     HCPs persuade others to be “Negative Advocates” – usually family, friends or professionals who help in blaming the Target – which escalates their conflicts instead of helping them calm down to solve their problems. Negative Advocates are emotionally hooked by the intense fear and anger of the HCP, yet they are usually uninformed. When they hear about (or experience) the HCP’s extreme behavior, they often abandon the HCP, so that HCPs are constantly seeking new Negative Advocates. This ability to engage Negative Advocates enables High Conflict People to avoid confronting their own behavior, so that nothing changes and their “high-conflict” situations continue. Many people with personality disorders do not focus on a Target of Blame, so they don’t recruit Negative Advocates.

--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Also for your reading loq, so you can understand your immature personality:
[/b]


Denial is perhaps the most famous of the classical defense mechanisms, in part because it was an important concept as taught by Freud, but also because is has been emphasized by addiction recovery communities. In denial, a person simply refuses to accept that something which is true is in fact true. Examples of denial are legion and vary with regard to the depth of reality distortion present. Examples of greater reality distortion include the alcoholic who denies she has a drinking problem, and the battered wife who cannot make the connection that her life is in danger. Examples of lessor reality distortion include the lover who doesn't pick up on the subtle signs that his relationship is breaking apart

I wrote a poem for the fools of Shibecoin.

"Shibecoin was a failure,

and Loq is broke.

such was his fate,

just like Hollowman 338."

Everyone please bring your hashes to Dedicated Pool, its the strongest pool and has the best support. If we consolidate our hashes on one pool, then we will solve more blocks and receive more coins in the short term and hopefully long term!

Shibecoin is currently trading at  11 satoshi each.........who really cares? I mean seriously the Order Book looks like this :

 SUM        TOTAL              SIZE                    BID
0.1243   0.1243   1129963.17164208   0.00000011
0.2646   0.1403   1402928.18409404   0.00000010
0.3897   0.1251   1390520.51537822   0.00000009
0.5279   0.1381   1726520.66790142   0.00000008
0.7585   0.2306      3294753.68721054   0.00000007
0.7774   0.0189   315000.00000000     0.00000006
0.8191   0.0417   834434.91271821     0.00000005
0.8311   0.0120   300000.00000000     0.00000004
0.8853   0.0542   1806354.77971737   0.00000003
0.9053   0.0200   1000000.00000000   0.00000002
0.9878   0.0825   8250000.00000000   0.00000001



That is actually the whole buy order section of the order book for shibecoin..........Its barely kept alive by a total of a .8 BTC

The coin is over, its a failure.......nobody wants it, nobody ever wanted it, except idiots like Hollowman338, and I can't believe bitsta got himself involved in this coin, I don't really understand him, he finds worthless scam coins and tries to repair them.......Asiacoin, shibecoin.......seriously, i don't get it, its kind of weird.

Mr. Bea I appreciate your words, and you have done a wonderful job exposing the scam of Shibecoin and its failures. I am sure loq and his crony pals enjoyed the naked man pictures.

Please people if you comment on this thread it just keeps it where people can see it, I wish I could get this message out without commenting myself, lol!

I know you desperately want me to be a depressed alt coin bag holding moron, like yourself, so that you can project your feelings onto to me......but the fact is I have a functioning brain in my skull, so I dont bag hold ANY alt coins.....you on the other hand have all your money tied up in shibecoin, which current marketcap is like 20 BTC....Hell i could buy all the shibecoin and then just leave it to rot and die if i wanted, but I dont want to ever be associated with buying that coin, its pure garbage and scam.

Apparently you care, because i made you awfully upset to insult me.

Just reported on Coin Warz by Johnny Coinz that loq is going to try sabotage Shibecoin since bitsta has taken control. Supposedly loq and his crony pals plan on a massive dump or maybe even altering source code, I dont have the full story yet, but you can always join Coin Warz for the most updated information on crypto.

I have taken your comment into consideration, and I have one word for you. GOOGLE IT, HURM DE HUR!!!!!!!!!!

Shibecoin didn't sponsor a Nascar driver, Dogecoin sponsored the driver Josh Wise, and Dogecoin is actually doing well still. Dogecoin is always in the top 5 most highly traded coins by volume, many times its in the top 3.


Shibecoin was a complete failure by a retard named loq, he scammed many people and created a huge drama that destroyed the Shibecoin community and the value of Shibecoin. It was a Dogecoin ripoff from the start and nobody really cares much about it anymore, but I still felt it was important to let people know.


tldr, DOGECOIN IS GOOD, SHIBECOIN IS FAILURE

Notes from other threads to fill you in:


-------------------------------------------------------------------------------------------------------------------------------------------------------

Everything going on in IRC. they closed IRC channel too. its really shit happening waiting for real statement what is future of Shibe



------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
 loq has left the shibe community apparently..

-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
.for the record though loq is shady man, he made off with alot of coins, not paying people during the swap and all kinds of shit. that whole thing is a fucked up mess. but whatever, i just liked bullshitting with you guys so whatever.
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Loq was and still is a complete moron, he always was creating drama and negativity. He acted like a little crybaby bitch all the time, and it was so easy to know that this coin was going to be a failure. I warned you all plenty..........Hollowman338 is the only idiot left thats defending this coin, and its because he put his life savings into it and he knows he will be out on the street sucking dicks for cheeseburgers instead of just doing it for fun.

-------------------------------------------------------------------------------------------------------------------------------------

From what i can figure from twitter loq said some mildly antisemetic comment on twitter and the other shibecoin folks used it as a way to oust him and say he was out.

Never use jew as an adjective.

Very offensive.

Seriously

Cheeto faces SHIBECOIN, and punches SHIBECOIN in the face, then kicks SHIBECOIN in the knees. Cheeto grabs SHIBECOIN by its fake hair extensions and slams SHIBECOIN into the ground. SHIBECOIN doesn't get up. SHIBECOIN friend's stand around looking dumb, they are very scared so they start making up stories about how SHIBECOIN will get back up. They make a camp fire with Shibecoins fake hair extensions and then they all tell each other that SHIBECOIN is okay and we'll get back up. But one honest look shows that SHIBECOIN it's dead, and it's never getting back up. Several people stop by and tell the SHIBECOIN friend's that it's dead and they get crazy mad and start yelling and screaming nonsense at the honest people. The friends slowly make love around the SHIBECOIN corpse and many a pleasures are given.

The friends still tell the same stories till this day, but any sane person with half a brain know to stay away from the stinking corpse of the SHIBECOIN and it's silly friends.

Soon the friends will get hungry and eat the corpse, it will taste like feces and the friends will enjoy it and give each other parasites and pleasures.

The incompetence and ineptitude of the developer loq has brought this coin to be one of the biggest failures in ALT COIN HISTORY.

Loq was and still is a complete moron, he always was creating drama and negativity. He acted like a little crybaby bitch all the time, and it was so easy to know that this coin was going to be a failure. I warned you all plenty..........Hollowman338 is the only idiot left thats defending this coin, and its because he put his life savings into it and he knows he will be out on the street sucking dicks for cheeseburgers instead of just doing it for fun.

Thank you for the important information, just shows how much of a scam Shibecoin is and what a douchebag loq and his crony pals are. Hollowman338 is the only dumbass on this forum that will try to defend Shibecoin, its obvious he's a giant bagholder. Loq probably pays him off with Shibecoin and Hollowman338 actually thought he might get rich, instead he is a poor moron that keeps getting slapped around trying to defend his dead horse.

Nobody really gives an F about this coin anymore, but I still like to point out that it was a complete scam because I know it bothers them.

SHIBECOIN deserves a place on this thread, not only was it a complete failure of a coin, the devloper loq stole plenty of money from people through his incessant dumping along with his crony pals. They censor and attack anyone who tries to point this out. Watch out people, they will come after you,.

It's the truth, you just are holding a shit ton of Shibecoin and that's the only reason you defend it. And you are probably the only person, of course your alternate accounts might help you.