I have to be honest, I am completely stunned that BTCP has performed so poorly over since its launched with everything it has going for it and the imminent code rebase. This thing was trading at 5x its current price in June!

Thanks for the info. I dispute this reasoning. They hold millions of USD worth of ETH and Binance has recently gone on record rebutting claims of requiring millions of dollars to be listed on their exchange. Even if Binance did require it, thats an appalling use of funds considering the listing has done nothing but provide more buyers for the devs to dump on by their own admission and reducing the portfolio value of everyone who showed faith in this team. The overriding duty of a company is to maximize profit for their shareholders - NOT themselves at the expense of the shareholders. They have shown their true intentions - to generate as much wealth for themselves as possible while the rest of us stare at 80-90% losses or more in some cases. That's not how you encourage or incentivise people to invest and they are dreaming if they think anyone will hand over more money to them for their worthless DENT tokens when they have now proven it is their mission to dump the price and extract as much revenue from buyers as possible. Back in the day we used to rip apart these 'dev pre-mine' scams but it seems to be trend now to worship the developers even as they cash out on the backs of those who handed over money in good faith. If they said at the start 'Hand over your BTC for DENT and we will drop the price 90% over the coming year and the only person making any cash on this transaction will be us' - I guarantee you no one would invest and if they say they would on that statement then they are a damned liar.

There were two big dumps earlier today equating to around 135 Million DENT dumped down to 24 satoshi in two efforts - now we know who it was...

Once again DENT is in the red on Binance while everything else is in the green bar those coins like ETC which have already experienced large recoveries - all the while DENT devs 'transfer' hundreds of millions of DENT out of their wallets.... Congrats Devs on making DENT the worst investment of 2018 in that no matter when you have purchased DENT this year you're down money unless you got in pre January pump.

Like I said, Since the big pump n dump in Jan - every single 'update' from the devs brings a drop in price, every time they open their scummy mouths the price dumps, everytime they bulllshit us telling us they have 3.5 million users of their POS app that costs more to operate than just buying a prepaid topup voucher at your local LIDL or Carrefour - it dumps. Nothing they have done has done anything to prevent the price being dumped - which means one things, they are the ones dumping. No rational market free of a dev dumping pre-mine would dump so badly day on day on so called amazing developments.

EDIT:



See? 12 hours ago we noticed large amounts of coins once again leaving the dev controlled wallet and BOOM massive sells continue. If they didn't purge their telegram chatroom of anyone asking questions then maybe others wouldn't be so hopelessly in the dark.

Dump galore on Binance. Everytime the Devs open their mouths the price drops. Real big surprise.

Didn't watch it myself but thats nothing surprising - I've known for a whole now that this entire community of theirs is a sham - notice how despite all the good news the price did nothing except experience a few million DENT dumps? No one's buying the shit they are peddling in any meaningful amount outside of the orchestrated pump n dumps (Jan - April - Binance listing) but the devs sure do love to keep on dumping - and they've got their little band of loyalists preventing any unpleasant questions being asked...

I agree. All that being listed on Binance has accomplished was that EVEN MORE dumping of DENT as visible by the charts themselves has taken place vs. the period before the listing. That's completely irrefutable. Dumping has ramped up and buying has dried up and any fool can read the charts pre and post listing and see it for themselves. When combined with the fact that the Dev controlled wallets have been sending billions of coins to Kucoin and Binance since at least April and probably January if we are realistic here - it paints a damning picture. If the coin was truly used by 3 million people and just the best thing since sliced bread why the fuck can they not get more than 100 likes on their twitter posts or more than a handful of people in their telegram room ACTUALLY using it. Shit, they just announced today that - suprprise! - there's actually 70% more coins in circulation than was made known on Coinmarketcap - so for all intents and purposes the price is even more likely to fall as perception is everything and regardless of how long those coins have been in circulation - as far as Joe Bloggs is concerned the coin just became 70% less scarce and has plenty of room to dump probably down to 10 Sat again now that the devs have shown their hand as dumping their 90% premine.

And we'll have a gaggle of loyalists who will still suck our dicks while we cash out on their backs! Never seen anything like it, do these people not remember Blackcoin? Cloakcoin? Shieldcoin? - the list is endless - all came out with a hiss and roar and then boom - we get fucked and realize we are holding a bag of useless tokens as their sole purpose - to be switched for our actually valuable ETH and BTC - is over. At least with all the other scams you don't still have people defending an asset dumped 98% from its high while the largest wallets have been sending coins to Binance and Kucoin.... And the bottom line is they have $30 Million worth of ETH to use for operating expenses so don't you lot dare try to say 'they had no choice' but to dump on everyone and screw us all.

I remember too. Isn't it so nice of them to just alter the whitepaper and any online materials whenever they want to act completely inconsistently with what they have said previously? The fact that people here defend the devs and say they are doing nothing wrong by changing parts of the whitepaper that weren't inline with their plan to dump their tokens obtained for a grand total of $0 on unsuspecting users on Binance who weren't around when the initial offering to the public was made and don't remember the claims and promises made in the original whitepaper- well it's nuts. They are obviously so deep in DENT that they see no choice but to defend the devs indefensible conduct and hope the few unsuspecting people with buy orders left on Binance don't pull them before the next dumping of hundreds of millions of DENT takes place.

Even if these people who support the devs dumping of the price by over 96% now since they pumped it up by owning 90% of the total supply back in Jan don't accept said facts - they haven't addressed the fact the devs hold an incredibly large supply of ETH that could easily be liquidated for any needs they have yet the blockchain shows they have been sending several billion coins to known exchange wallets. Let's be real - they essentially just sell prepaid coupon codes for various mobile providers, its nothing special right now, you still need to buy a local sim card for it to be of any use and why use DENT when you can grab a top up voucher on the same fucking shelf as the prepaid simcard - so this 'need' for millions of USD by dumping their token is not because they need to, it's because they want to. They aren't satisfied with the millions they extracted from people on the first pump n dump in Jan (the only way an asset goes up 6500% in two months is if one group holds nearly all the coins) and they want to now fuck over everyone who was dumb enough (myself included) to buy in and believe in them. What a team - maybe they can send someone down to the local supermarket to buy a bunch of prepaid topups and sell them for 50% markup on the DENT app and tweet 'live in Fuckstown' to celebrate.

Wash trading.

Weird how earlier 50 Million DENT are dumped through 30 sat to 29 sat - and just now 43 Million DENT were bought at 30 Sat with a further 8 Million placed as a buy order....

There is so much dumping going on with DENT and so many sells placed to prevent the price ever rising that it's just a bad hold in general. Every single person save those who bought the fucking ICO is out of pocket. Its down 97.6% for the year to date. It's not a bear market - it's a scam, a means for the devs with 90% of the tokens obtained for nothing to rip us off and take our bitcoin on the promise that they aren't actually selling anything (despite the blockchain clearly showing transactions of 100s of millions of DENT to Binance and Kucoin wallets) and will 'keep working hard'. If a 97.6% drop in value is what happens when these guys 'work hard' I'm scared to see what it looks like when they don't.

Just face it - we got scammed by a pipe dream app and a scummy dev team who have been dumping their pre-mine since January at least. The DENT token is perhaps the most useless blockchain project yet - it literally isn't needed at all by the project it was merely a instrument to scam us out of Bitcoin so they can go and do god knows what with it - one thing we know for sure, they sure as hell haven't been 'creating value' for the shareholders with all the money they have collected by dumping the 90% pre-mine on unsuspecting users and preventing any of us from ever seeing a return on investment.

Who the hell are you to claim to know exactly what's going on and to call me a fool? Dev's refuse to explain the suspicious transactions from the top wallets of hundreds of millions and sometimes billions of DENT tokens and the price has been endlessly dumped since April which is coincidentally the same time two of the large wallets began transferring out billions of tokens and trying to hide their destination by splitting them up inordinate numbers of times across many accounts.

They move coins out of their wallets - they don't front up with what they are doing with the 90% of uncirculated DENT that they hold - the price dumps without mercy even when many other coins have flourished - and I'm apparently a fool who doesn't know what's going on. Well then you who apparently has all the facts the rest of us who invested in this thing don't, try enlightening us with EXACTLY what is going on and the reason for the damning transactions clearly visible on the blockchain and why the Dev team refuses to explain their movements of coins and their coinciding with massive dumps for the past three months.

And don't bother saying 'bear market' - we all know that's a copout and doesn't excuse the billions of DENT sold over the past three months ramping up since it listed on Binance.

I agree, vague and unsatisfactory. Anyone looking on the DENT explorer can see hundreds of millions of DENT being shifted around to disguise the origin all the time - there are 7 transactions for every address in existence - thats so dodgy! What the hell are these guys shifting millions of USD worth of tokens around endlessly for and why does it appear that several billion of them have led to Binance and Kucoin and just so happen to be the source of the irrational, impossibly endless dumping thats been going on since the moment it listed on Binance and for several months before that?

There's only 55 BTC left on the buyside back to 1 Satoshi and my bet is most of that is fake to enable the devs to sell into as many suckers orders above their own as they can. Nearly 1 Billion DENT on the Biannce sellside now, its insane. This piece of shit was trading between 10 and 15 Satoshi less than a year ago and with the devs dumping endlessly it will revist that range within the next week.

I'm going to get my countries equivalent of the SEC to check them out properly - they cannot get away with this and I wont let them.

Seriously dude what would we do without you? Thanks for bringing this to everyones attention! So we can pretty much confirm now the devs have fucked us right? Cant believe I paid 155 Satoshi for this piece of shit! What a fool I was to think it was an actual decent project with a legit dev team and not just another scam token to steal my bitcoin.

32 Satoshi. Made possible by the scamming fucks running this project who hold 90% of the tokens printed for a grand total of $0 so they can sell for 1 Satoshi and still be rolling in the money while the rest of us who bought in good faith get screwed.