The market is collapsing these days with prices dropping so fast. It is very strange that coins cannot hold their price.

That does not sound good. Oh man, so Bitcore is apparently out?! That's a shame.

The latest from Pete Mercury.
In response to The BTX team Twitter statement on the issue.



https://twitter.com/Bitcore_BTX/status/1000066406711472128



I support this. I think I misspoke a bit when I called $BTX a "scam" earlier.

They aren't a "scam" in the Bitconnect sense. I don't believe that the devs are stealing from everyone, but here's my issue.

1. I ran into them by studying Bitcoin forks and writing an article for another publication (howtotoken). I thought the project was actually a good idea and reached out.

2. Community seemed good, things checked out, so I started spreading the word. It's a bitcoin fork. No ICO necessary, they clearly had code out there, the coin distribution among wallets was fair - looks cool.

3. A month or so later, I was commissioned to write a whitepaper for them. I did that. We spent about a month+ working on that WP, doing edits, combing through it and doing everything that was needed.

4. The team had promised to release that WP to the general public on a certain date. For some reason they chose not to. I was a bit baffled by it because we had all come to the decision that the WP was good to go and should be released.

5. This resulted in a LOT of complaints from the community + the price plummeting on the protocol. A lot of folks were angry (understandably).

6. I felt bad, because I knew that the WP was finished and that there was no reason why it should be held back. I also saw that the team was trying to put their name on it to take credit for the WP too. So, I released it to a) preserve my authorship and integrity b) be fair to the investors in the project. The team had been consulted and we all came to a consensus on what the final version of that WP should be. This wasn't something that I did without consultation and we actually had a date set to release and for some reason, that was delayed.

7. After it was released, the team went out and lied to investors by telling them that the paper was inaccurate and that none of the information on there was correct. This was a lie and the affect on the price was immediately noticeable (I had already sold out what I was paid in $BTX at this point in time - so, this wasn't to "pump" the price. I also sold at a loss. Plus, I'm the creator of the WP and there's no way to release it w/o a "pump".)

8. Even after they did that, I spent 2 hours with them going over each and every single paragraph of this 60+ page WP and made each and every single edit that the team suggested. Even then, they refused to continue to promote and push the project.

9. I found out more information about how this is something the team does often - they talk about a big update, and never push it. The coin used to trade for $40. Now it trades for sub-$4. There's no excuse for this.

10. When I started really investigating, I was told that the strategy was to aggregate a bunch of "good news" after the price was drilled down enough and then release it in succession to "pump" the price. I felt that was unethical, moronic and extremely unfair to investors. So, I reported that I felt that it was a "scam". I told them do not use my WP or include my name with this project because they weren't moving with honesty, in my opinion.

So no, this was not something that I should've "seen coming", because it has nothing to do with the structure of the coin, a pre-mine, an exploit, or anything like that. What they're doing is a bit more nuanced and something I could have only known after actually confronting the situation.

And I put myself up there as "project lead" because I wrote the whole whitepaper and was tasked with the responsibility of promoting it and reaching out to partners and doing recruitment/coordinating as well. If that's not being a "project lead", then I don't know what is.

So, that should clarify any and all ambiguity on the issue.

Thank you.



If you feel that I moved in an unethical way, we'll just have to agree to disagree. It's a decentralized coin - and a fork at that. The lead developer is brilliant, but once again, I'm here for the investors not the developers.

This is a mentality that has gotten me in "trouble" time and time again, but I'm not protecting a bunch of millionaires getting rich off of disinformation and underhanded bs. If I see something shady, I'm going to raise the red flag and call it out and tell investors "Get out if you care about your money."

The team was offering me $5,000/month to promote for them and I walked away from that for the sake of getting this out there. Bravado was on the phone w me offering me inside information I could have used to make 1,000% off of my investments and then shill to you all and look like a "genius" when the price pumped. A lot of projects PM/Email/DM me offering a LOT of money to shill their project to all of you and I investigate them and know it's a scam and I tell them no.

I don't have a crystal ball, so yes, I walk into some things thinking it's legitimate on its face, but the second I get wind that it's not - I'm out and I'm telling everyone it's bullshit too. I want to make money in this space because of the VALUE I provide, not because I'm a scam artist/finessing everyone.

Fin.


Painting a pretty picture in his telegram channel, in favor of himself.

You got to have a "mid-term" vision with Bitcore. The team is getting ready to Rock'n Roll and pretty soon they'll jump on the stage to show the world what BTX is capable of.
In my crystal ball, I see 10X rally in price once the BTXM word start to get out to the world. The team promise us a strong marketing plan, which should come to reality once this machine is ready to roll out.

Price tank at the moment just because close to nobody in this world knows what's working behind the the BTX curtain!

What's next with development with the $BTX after airdrops? The final one is supposedly April 30th right?

cant post images directly cause im a newbie

you can repost it if you want to

2020 price $50!

2018 price = $5
2019 price = $10

No they dont, they just want to quick cash, move to another coin, wait for pump, sell, repeat.
Basically, the "bitches" in the cryptoworld.


Yup, i bet everything on BTX, my friends think all im crazy SOB ! Well see whos the crazy in a couple of months !
And insisted heavily, i should seel a part before or after the drop, to get me some decent coins, like WAN, ICON, VEN.

But what he doesn't know, and absolutely failed and further fails to realize, is that, however these other decent coins may grow, BTX will be over them, like Bitcoin is over all other coins.
You know what always makes me laugh ?
He still thinks strongly BTX is a Shitcoin !

Hopefully he wont get in Schock, and loose his speech, or end up with some sort off permanent handicap out of pure shock, when he will see what BTX will become !
I will ofcourse laugh all the way to the bank !

Wait, there is no bank !
 

Hi my friends:

Better than the price is the roadmap and the ways to buy and most important the way to actually use Bitcore BTX.
The price will be reflected by the usability and trust me if the team make the roadmap (I'm sure that they will accomplish) the price will go up, but more important you will not need to use fiat because you can pay with Bitcore this is the goal!!
Have a nice last airdrop to all.
Peace