I want a TEST PILOT CODE

This is the one ^^^ where I said hit pause at 1:08, 1:12, 1:16.  Now, compare and contrast with "Meet team Walton! #5"

https://www.youtube.com/watch?v=qYnJI9pu0UE

Again, play on High Rez, enlarge the screen, focus on the monitor in the lower left, which is closest.  The guy literally scrolls up, then down, then up on a JPG of some clothing articles.
Same office, but the spokesperson is from a different ("subsidiary/partnership") company.  Nobody is coding squat in this office.

"If this were a giant scam, the Chinese would crack down on it!"

"The China Hustle," a documentary movie, no longer seems to be up on Netflix, but it is available on Amazon Prime.  It is worth renting for $4.  You may be able find part of the film for free by searching.

https://www.dailymotion.com/video/x6iz00e  (pt. 1)

It is eye-opening.

WTC is the tip of the iceberg, my point is that this is widespread, so widespread that it will collapse.  Eventually.  Some interesting reviews of other coins may be found on shitcoin.com - really good review of IOTA that doesn't name call or attack personalities, just examines how the software works (or doesn't).

1.  WTC was #54 by market cap on July 3/4/5, today it is #44 by market cap.  What happened?

Did they get awarded a patent?  No.

Did GlaxoSmithKline announce a real partnership or business deal?  No.

On July 5, WTC had approximately 32,000,000 coins in "circulation" and the price was bouncing around $7.00 - $7.20.  Today, the price has been around $6.90.  (10,000,000 of the 32,000,000 were in one single wallet address -- I'm going to guess Mo' Bling controlled that fat wallet.)

How, then, could WTC climb 10 spots to #44?

9,000,000 coins were mysteriously added to WTC's "circulation" in a matter of hours a few days ago.

I'm not the only one who noticed:

https://cryptovest.com/news/waltonchain-wtc-restructures-funds-millions-of-coins-moved-to-new-wallets/

WTC is capped at 70,000,000 coins.  Out of nowhere, 1/8 of the total supply gets released into "circulation"

32,000,000 x 7.2 = $230,000,000 market cap
41,000,000 x 6.9 = $282,000,000 market cap

And that is how you go from #54 to #44.  I cannot find even one single critical article about this.

I asked my Magic 8 Ball about this odd behavior and this message floated up through the inky blue haze:  HERE COMES THE PUMP

2.  Do an internet search on "bitcointalk.org gerymakgyaer" (I think this idiot is trying to spell Jerry McGuire, as in "show me the money") or start here:  https://bitcointalk.org/index.php?topic=2127069.msg42051254#msg42051254

This is a *big* deal.  

Please go look at the last posts from this account.  No one is claiming the account has been hacked or stolen.  Go through about three full pages of prior posts from this one, *single* account.

Notice:

-Huge number of ICO announcements from this account

-Wallet *releases* for several different projects from this account

-Project update announcements across multiple different projects from this *one* single account

-"Road Shows" and City meet-ups *exactly* like Master Li Xiaolai talks about in PasteBin -- from this account

- Where are the articles about partnerships coming from?  medium.com/@[CHINESE_PONZI_COIN_PROJECT]  Pay attention to that medium.com/ hub as it appears over and over.

Please search for this account and go through the last posts so that you can see with your own eyes what I am talking about.

I was going to pick a few of the coin projects and tear them apart, but I lost the appetite.  But do watch for the ANN regarding the "Aviation Supply Chain" coin.

How is this possible *unless* all of these projects are connected in some way?

As I went through page after page, I recalled a scene in The Big Short about Steve Eisman.  The words that I recalled were this:  "Short everything that guy has touched."

Whoever is behind this account, I am betting 95% of these ICOs and new coins are:  Ebola-laden plutonium.  At least 95%.

https://www.youtube.com/watch?v=A25EUhZGBws

[smarmy guy talking about CDOs = Jerry McGuire account;  Angry Steve Carrell = Me]  That's exactly how I feel today.  I cannot believe what I am seeing.

At the 5:56 mark comes the quote I am talking about.  Short everything this guy has touched.

For a while, I found it funny that the WaltonCoin C team of shillers was covering Bitcointalk, while their B shill team covered Reddit, and their A paid-for shill team probably sits on WeChat and medium.com and whatever else is big in Asian social media all day long.

This isn't funny anymore.  

This fraud is so widespread that when it blows up, and it will, it will drag down good coins as well.  At least in the short term.

****
I can't prove this.  But I think in about 6 years we will all read about how this happened.  Everyone was wondering why the Bitcoin MemPool climbed so high a day or so ago.  I think Asian Whales stepped into the market in a coordinated way to stabilize everything and "paint the tape" green.  This Li Xiaolai recording went viral last week in Asia.  It's a big deal over there.  The best way to keep the Ponzi going would be to support the market until the uproar over Li Xialoai's comments dies down.

Crazy tin foil hat stuff you say?

Read Galbraith's "The Great Crash of 1929," only mentally substitute in "Whales" every time you see the phrase "pool operators" in that book.  Did you know that from 1927 to 1929 the small guy *assumed* that the stock market was rigged and manipulated by the big "pool operators" -- but played along anyway?  Do you want to know why?  You will have to read the book.  It is like a ghostly echo from the past of what is going on right now over in Asia.

I can find Chinese transcripts on PasteBin, but I don't read Chinese.  I have not found the audio file and I have not found the complete English translation transcript.  Like I mentioned, I am looking.

But any search of Li Xiaolai's "foul mouthed" recording will start pulling up the same articles and YouTube postings that I came across.

Sites are selectively posting the highlights, which I am working off of.

Here is one of the sources, I wrote to the author and asked her if a complete English transcript is available anywhere:

https://technode.com/2018/07/06/li-xiaolai-recording/

Here is the audio recording (I think, but of course the spoken language is Chinese)

https://www.youtube.com/watch?v=ywUe9ORqi1g

Here is a Chinese speaker offering her English translations from parts of the recording:

https://www.youtube.com/watch?v=qSXJaPnDDi0

Here is a PasteBin Chinese transcript, you can use Google Translate but the result is pretty rough:

https://pastebin.com/0brkws4q

Sometimes you happen to be thinking about shrimp, or a plate, or a plate of shrimp and then a Red Lobster commercial flashes up on your TV.  "Synchronicity" is the quaint term for this phenomenon.

A week ago, as I was first learning about a Chinese Ponzi Coin (whose name must not be mentioned), there was another interesting and related development on the opposite side of the world that I just learned about because, well, I have a day job so I have catch up on news when I have spare time.

Li Xiaolai is a Grand Chinese Crypto Whale.  He has opened exchanges, he has backed wildly profitable coin projects, and he is a Billionaire a few times over as measured in USD.  He knows a thing or two because he has seen a thing or two when it comes to Chinese exchanges and Chinese coin projects.  Last week, a recording came to light of a conversation Li Xiaolai had in private some months ago.  I had never heard of this guy, but start searching for his name and he is everywhere.  He is Mr. Big in the Chinese Crypto space.

There are three different camps of opinion regarding the recording:

a. It is real, but he's just complaining because he missed out on some really profitable coin launches and he is griping and smacktalking out of spite, envy, and ego.

b. It is fake, sensationalist bullshit.

c. It is real, and he is explaining in private how he sees the *entire* Chinese Ponzi Coin ecosystem -- Li did not realize he was being recorded and he was just telling it like it is.

I think the recording is a mixture of c. and a.  Some of it is defintely smacktalk about specific individuals he doesn't like, for whatever reason.  But I think the general statements about the Asian Crypto space, and what I am going to call Chinese Ponzi Coins from this day forward, are real unvarnished admissions.

I have not yet been able to find a completely translated English transcript but I am looking.  If I find one, I will edit this post and add the link.  The Google AutoTranslation sucks.  That left me comparing several different sites which translated some of the highlights.  This is my loose paraphrasing of what several sites reported and while this is 'loose' paraphrasing, I think I am capturing the gist.  If you read this and you are fluent in Chinese, perhaps you can translate and post some of the other sections from the recording in your comments?

Here is Li Xiaolai's wisdom as it pertains to Chinese Ponzi Coins:

'Chinese coin projects are not about value investing.  If you think this has anything to do with value investing, you are an idiot.'

[Think about that admission for a moment.  What Li Xiaolai is telling you is that every white paper you've never bothered to look at for every Chinese backed coin project out there is beyond worthless because these are not even  'real' projects with real business plans - none of them are.]

'I had a key insight early on.   These blockchain coin projects are not about technology, they are about eyes and hearts and building large communities of people who believe in you.  The project may be trash, the technology can be really bad, but if you can get enough people to believe in your project you can make money anyways and continue to cheat them.'

'You should start a coin project with a celebrity that will attract people.  The most important thing is to build up the community of true believers because nothing else matters.'

'If you can get enough douchebags to follow you, you will be victorious.'

By the way, "air coins" when you see that -- I think should have been translated as:  SuperStupidShitCoins.

Li Xiaolai goes on to describe how whales like himself harvest the life savings from all the "leeks," or ordinary little people who are stupid enough to fall for these Chinese Ponzi Coins.  He doesn't feel sorry for fleecing leeks, it is just a part of life.  In this regard, Li Xiaolai mirrors P.T. Barnum's outlook on people: it is what it is, why not make money on the foolishness and stupidity of other people?

Now, I ask you:  are you a "leek," or are you a whale?

Here is the easy answer.  If you are Net Jetting around the globe on a monthly basis, then you may be a whale; if you are not, then you are definitely a "leek," even if you hate admitting that to yourself.  It sucks, right?  Well, man up and admit it.

What is "value investing"?  

Warren Buffet has been talking about that topic for 50+ years up in Omaha - you can find Berkshire Hathaway's annual report/letter for each year pretty easily and download and read it.  It means something like taking a $1 of your hard earned cash and buying one share of a real company, with real management, that sells a real product or service where you can actually *audit* how much money people are paying for the product or service.  I emphasize that word "audit" for a reason.  Finding these companies which have a leg up on everyone else involves a lot of work -- a lot more work than skimming a 25 page "white paper" that is 80% copied and pasted from prior "white papers" for different coins.

"In the short run the stock market is a popularity contest, but in the long run it is a weighing mechanism."  
  - Warren Buffet

The current ***MASSIVE*** Chinese Ponzi Coin ecosystem is entirely based on winning today's popularity contest.  Social media, relentless shilling, fake airdrops, paid for puff PR articles, paid for sponsorships, controlling specific social media sites -- that's what all of these projects are about.  PERIOD.  

The Chinese Ponzi Coin whose name must not be mentioned is just one example out of hundreds more.  The long term weighing mechanism does not matter to people like Li Xiaolai because he will take off in his private jet to some beautiful island that he owns off the coast of Australia when this blows up.

Over the past six months, one cockroach after another has come crawling out into the Crypto kitchen and just stared intently up at me, refusing to budge or scurry away when I flipped on the light.  First one, then another, then another... and I am finally realizing the whole damn kitchen is infested on a scale I had never even imagined.

You think you are savvy enough to know that this market is manipulated, right?

That describes you, doesn't it?

I guarantee you, you don't understand how deeply and truly manipulated this market, especially all of these Chinese Ponzi Coins, has become.  You don't.  And you know what?

I'm a leek, you are a leek, and it's Okay.  Time to admit it and start acting rationally.

1.  There will be a "Black Monday" event that takes down the universe of these Chinese Ponzi Coins.

2.  The day that happens, no matter how hard you pound on your keyboard, you won't be able to access your exchange account because the web traffic will crash the exchanges.

"And you will KNOW what the word PANIC means ON THAT DAY!"  [Said in my best Samuel Jackson voice].

3.  A day later, two days later, when (if) you are able to finally access your account, that Bullshittium Chinese Ponzi Coin you purchased based on a tip at $2 and then gleefully watched soar to $41, if you are able to sell it, you will be lucky if you can sell it for 0.40 cents.  And if you were working on 3x leverage and credit... Uh-oh.

4.  In between today and that event, some of you will truthfully make 10x, 100x, even 1,000x trades on some of these coins.  I don't doubt that.  But the music will stop, it always does.

Do yourself a favor in the meantime.  If you get interested in a coin, take the 10 minutes to download the white paper and glance at who, allegedly, is on the team.  If it involves anyone who has some connection to some prior Chinese Ponzi Coin, no matter how successul the prior pump and dump operation was, no matter if you made some good bank on that prior Chinese Ponzi Coin, that actually is not a good thing.  You should treat that so-called project as if it were Ebola-laden plutonium.

If you are trading and speculating on these Chinese Ponzi Coins, you are playing what I believe to currently be:  The World's most dangerous financial game.

PS.  To those who wish to reply "FUD!" or "I made 1,000x on this coin!" -- this is my standing response:

Fine, I believe you.  Take your life's savings and continue trading and speculating on these Chinese Ponzi Coins.  When you have made enough money so that you are able to retire to Bermuda and buy a lovely house overlooking the emerald-blue sea, send me a post card telling me what an idiot I was.

PSS.  Go to NetFlix, watch "The China Hustle".

This link should be good:

https://mega.nz/#!TNYhjSqI!QxY_m_CsMknTNv43B5AvrpcmZrSFnfLdYaqsFmbxekA

Copy the entire link into a new tab and download.

The entire project is a scam.

Ripping off people by selling over priced NVIDIA rigs is just a secondary effect of the primary scam.

If you have difficulty with that link, PM me.

Yes, the shameless Walton "OVER PRICED GRAVY TRAIN" has been taken down.  Glad to see that you cached it.

Thank you.

EDIT:  Yes, Walton Chain is not an FPGA scam, I get that.  But here is what I told Tut privately:

Scams succeed because people do not speak up.

People do not speak up because (1) they fear getting attacked; and (2) generally, there is little to no upside in flagging scams *before* they go down in screaming flames.

How many people on this thread are now saying 'oh, yeah, I knew it was a scam from day one,' yet they said nothing until July?

I have been thinking about why traffic is heading downwards on my favorite Bitcointalk threads and I have a theory.  As GPU mining gets wiped out in this cycle, there is less and less to talk about with regard to mining programs, settings, issues.  And there is only so much to be said as far as "I hate ASICs/I like ASICs."

I think miners are spending more of their time and energy trading and, as a consequence, disappearing into Telegram, Discord, and Slack channels.

If you haven't watched the movie "Wolf of Wall Street," it's worth watching.  If you were going to set up a boiler room operation today for crypto currencies, let's say somewhere in Asia, how would you do it?  You would not be reaching out and making individual phone calls today.  I think you would hire people to sit in a room and make positive statements all day long on social media about the coins you were trying to promote.  They would just sit and type away.  Log in, log out, log in under a different identity, log out, create a new account, log in, log out.  Each person monitoring so many threads and different sites relating to a number of assigned coins.

A lot of cryptocoins, certainly the majority, are essentially "penny stocks" all gussied up with new hot catch phrases.  When the air goes out of a penny stock, it often goes out in a single day and it never comes back.

I found it interesting that, over the past few days, when I read every prior post of certain individuals, their entire history seemed to consist of nothing but positive comments for a collection of 6 to 12 different coin projects.  All positive, all pretty much the same the content.  But not just for one coin, more like for an account of different coins that they had been assigned to.  And it's not just the haiku bot at work.  This is certainly not a new phenomenon, but I think it has been growing.  And I think more people are embracing this and making no apologies for it.

If you are spending much more of your time trading, I would be careful.

Sometimes doing nothing can be the best option.

<crickets chirping>
<crickets chirping>
<crickets chirping>

Is it that difficult to link to all of those patents that you read?

Where have you disappeared to Mr. Anemovroxis?

Hi, Dick!

I've read your prior 18 posts.  Tell me, how much do I have to pay you to apply your bot to Theranos Coin?

Your English is quite good.  Tell me, son, how many people are sitting right next to you, right now, posting similar stuff on other social media sites?  How much are you getting paid per hour?

This should be easy for you to do:  reply with the links for the patents that you read.  I've seen all the IEEE articles authored by graduate students.  Just link to the actual, granted patents that have anything to do with this project.

Links to awarded patents.  That is all.  Not patent applications, actual awarded patents.

Shilling about the "Internet" and transformational companies that mentioned that magic, hot word "Internet" was everywhere between 1997 and 1999.

I know how this movie ends because I've watched it before.

Ben Rickert (L3+ thread) is right:  When Millennials refer to crypto currencies as if they were cancer, the real companies will be left standing and the real projects will gather steam.

Judging from what is out there on YouTube and Reddit, we are not yet close to that moment.

I'd encourage people to look up John Hempton of Bronte Capital, a short seller with a website linking to other solid websites.  It's not the specifics of any report that are useful, it's more picking up on a healthy dose of skepticism and asking yourself how do you test what's real and what is hype and PR and smoke and mirrors that does not hold up.

It is a useful mindset to have, especially right about now.

I am done talking about WTC.  I appreciate the thank you's from a few people, I apologize for the unplanned detour to the rest of you.  If you want to mine it and dump it, look at the linked document I posted.

Thought experiment: 

Freeze that video at 1:09, 1:12, 1:14.  Look at all young guys in the room as the interviewer first walks in.  At 1:12-1:14, does the monitor visible in the lower left corner look like someone coding, or does it appear to be a social media site?  Does it look like anyone is coding anything in that large open space with young people and monitors?  Are you able to connect any of the people sitting inside that office (which based on the "Cityscape" sign appears to be rented space) when the interviewer walks in and match them to the photos at the back of the white paper (the "team")?

https://bitcointalk.org/index.php?topic=2127069.msg41741569#msg41741569

The above post ^^^ from the WTC thread is pretty typical.  A new user, with just three posts to his credit.  He not only took the time to look at the document I linked to, he even comments on it:

"I am now following this project. Read the whitepaper (May 2018 version), verified the team, read their patents, appreciated their government connections and presence in China and Korea IoT and Blockchain industry, their vision, careful planning, modesty and seriousness. This is all very impressive, unlike most (any?) other project I have investigated.

I am really dumbfounded with people still calling them scam or "pie in the sky" Huh"
---

He has verified the team?  Really?  How?
What patents?  Anyone can apply for a patent, show me an actual granted patent.

This is shilling on a grand, grand scale.

And speaking of odd things, if you or someone you know has been scratching their heads about mining Walton Coin, this summary of Reddit postings is pretty helpful.  And it is free.

https://mega.nz/#!TNYhjSqI!QxY_m_CsMknTNv43B5AvrpcmZrSFnfLdYaqsFmbxekA

I think this is legit but some of the people on the Walton sub Reddit are very helpful, too.  A guy sent me this and it is a pretty good explanation:

https://mega.nz/#!TNYhjSqI!QxY_m_CsMknTNv43B5AvrpcmZrSFnfLdYaqsFmbxekA

It's a PDF that explains all of this multigpu mining stuff.  So, if you like the coin, you can mine more of it.

Well, that's the rub.  People *have* been making a killing mining this coin because it is not easy nor obvious how to multi-gpu mine it.  I understand difficulty has shot up because of guides and better help on Reddit about the multigpu issue.

https://mega.nz/#!TNYhjSqI!QxY_m_CsMknTNv43B5AvrpcmZrSFnfLdYaqsFmbxekA

Fairly clear guide on multi-gpu setup that gathers a lot of Reddit info.

Please don't take my post as financial advice, because it isn't.  I have no idea of where this coin will go over the next six months.

The WTC wallet does *not* mine well on 1080 Ti's - anyone can grab it from Github, so don't rely on my word.  It recognizes only one GPU.  You can run version 1.0.17. 1.0.19, and 1.0.20 side by side across different machines and you will see widely different global hash rates showing on all three machines.

I watched the first few minutes of your linked YouTube video.  These special RFID tags are beneath what appear to be QR codes printed on paper hanging from a thread.  If this is all about "authentication," what's to stop me or anyone from cutting off the tag on one orange coat and moving it over to a knock-off orange coat?  Why is this project promising?  What about it makes any sense?

Disclosure:  I don't own this shite, I never traded it.  I got sucked into it yesterday and I hope to not be talking about it a week from now.

Trading and making good profits have nothing to do with whether something makes sense in a real world "use" case.

Thanks.  I've wasted about half the day trying to figure this one out.  There is a ton of money invested in this one and a serious, serious PR/Marketing effort going on.  I downloaded their latest Windows wallet from GitHub today and, wow -- what a pos from a $250 million market cap company with about 50 IEEE/software/blockchain/IOT geniuses on its team.  The wallet mines using one of your GPUs.  That's right, just one.  Meanwhile, over on the YouTubes, it is apparent that those in know have figured out a way around this and have been mining the living cr*p out of this coin for the past three months.  When you ask why the current Windows wallet is a hobbled piece of ...., the reply is "to promote decentralization."  Ah, I see, that explains everything.  Decentralization, sure, sure.  But I'm sure Walton Coin will have another glorious pamp before it eventually implodes and the rascals scurry off.  And so it goes.  Pootie tweet!

Look, if you've purchased this coin, or better yet if you mine it, either post here or PM me about how all of this supposedly works.

I'd love to be proven wrong because this one looks really big.  But other than medium.com/@waltoncoin -- which seems to be nothing more than PR put out by the people behind Walton Chain, I don't see proof of the development team, patents, and the use case if you think about it for 10 minutes makes no sense.  What retailer of anitquities or high end apparel or fine art work is going to want to adopt this?  What do they have to gain?

EDIT:  I'm not saying this coin can't "moon" in the near future, it can based on nothing but pure hype.  But I don't see any substance here.

I have the day off and I'm trying to track down some reliable information on Walton Chain (WTC).

A person was looking to purchase a 6 1080 Ti rig on another thread for what sounded like "hosting" a MasterNode.  It did not make a lot of sense, so I dug into it.  I think Walton Chain (https://bitcointalk.org/index.php?topic=2127069.0) is a massive, well funded, scam.  And I do mean massive.  I'll explain why, but I'm looking for community feedback before I post a lengthy summary in the WTC thread.

You can access the English version of the WTC white paper on the OP.  Start at the end with that impressive looking list of people, with even more impressive academic and corporate credentials.  Pick any single individual and try the following:  Can you find the names of the companies they worked for, as spelled, using Google?  I can find an amazing number of companies that are spelled almost, or kind of like, the companies listed in these resumes.  Can you find a single one of the 100+ academic papers this impressive sounding group has allegedly published?  No citations to their own work are given, which seems odd as academic types really do "publish or perish."  Can you find any legitimate proof of their patents?  If you can, PM me with the links.

Skimming through the WTC thread, it seems to be dominated by relentless shilling for this coin, with an awful lot of the shilling just parroting back what are pretty transparent PR pieces published under some sub-account hosted at medium.com.  Check how many times people cite to these "articles" under this www.medium.com/@waltoncoin account.  That's the supposed proof that they are real and making incredible progress every day.  Here is just how goofy the thread reads:

“Waltonchain will be the Qualcomm + Cisco in the blockchain industry. Based on this, Waltonchain will become the ‘Google search engine’ of blockchain”. 

Now there is a quote you can take to the bank.  If you are an idiot.

There is no way to mine this coin with AMD cards from what I can tell.  And to mine the coin with Nvidia cards, you have to PM shady characters for the details.  Nothing on the OP talks about, or provides links to, mining programs, or pools.  Kind of odd, I think.  Why do I need to PM people who want to sell me overpriced Nvidia rigs just so I can figure out how to mine this pos?

Here is the use case:  They are going to take RFID tags (pretty well developed already), and somehow transform the "Internet of Things," using blockchain technology.  Three "hot" topics the members of the WTC forum point out again and again.  Yes, indeed, hot topics.  And they are going to do this, and have allegedly done this with one single -- wait for it -- garment makers.  Well, that's not fair because eventually they will transform the World, but their initial use case is for high-end clothing and accessories.

Let's take the more logical side of this use case -- how about using RFID tags and the blockchain to verify and authenticate $30,000 Louis Vuitton handbags?  How about that?  I can buy knock offs on Canal street in New York all day long.  There are two immediate problems I can think of:  the RFID tag is a physical object and physical objects can be tampered with and removed even if the WTC blockchain is unassailable.  And if it just takes one RFID tag to prove up the provenance of my fake Vuitton hand bags, believe you me someone will steal these RFID tags or find some other way to counterfeit them.  So check the blockchain all you want, your knock-off bag will read as legit, which = use case failure. 

Here is the second problem:  so far as I know, if you have questions about your Louis Vuitton handbag that you purchased on eBay, you will take your hand bag to a real Louis Vuitton store and you will ask them to appraise its authenticity just as you might ask Sothebys to appraise that Rembrandt look-alike you found in your Aunt's attic.  Do you think either Louis Vuitton or Sothebys would prefer that you stop by their store or auction house - OR - do you think they prefer potential customers to bypass them all together by confirming authenticity of rare items on the blockchain?  I'm guessing Louis Vuitton would far prefer that you visit them in person.  Once you are in their store or auction house, they can politely tell you so sorry, your hand bag is fake, but we have lovely ones "in hand" just like it that we can sell you today.

Let's take the low end use case:  white cotton t-shirts made in sweat shops in Pakistan.  Would you add 0.04 cents to your costs to place these WFC RFID tags into your cheap clothing before you ship it to a wealthy nation?  I don't think so, not worth the cost to you.  Let the retailers worry about adding RFID tags after the container ship arrives in whatever port.  How many items of clothing do I own where I would really give a damn to look up on any blockchain who made the article and where it was made?  None, but then again, I'm not into clothing.

None of this RFID tag + IoT + our WTC blockchain makes any sense.

But wait, there's more!  WTC also seems to involve a multi-level marketing scheme adapted to MasterNodes, with side nodes and GrandMaster nodes, and it makes no f**kin' sense to me.  It's brilliant, but I am waiting for someone to explain what is added by all this nonsense OTHER THAN it supposedly makes certain categories of MasterNodes more valuable and YES you do need collateral in the form of 5,000 WTC to start these nodes.

It soared in price when it announced a partnership with Coinnest.  I see that the CEO of Coinnnest was arrested for alleged fraud three months later.  They tweeted about a partnership with Alibaba, that announcement was taken down shortly thereafter.  The latest I can find is unsubstantiated statements that GlaxoSmithKline approached the WTC team.  I can't find any confirmation of that outside of Reddit and the WTC bitcointalk thread and it may have been announced on their PR organ, www.medium.com/@waltonchainscam

By market cap, this is like #54 which is staggering.  And it has competition.  I'm not seeing any moats around WTC unless and until someone provides a link to a real patent office like the U.S. Patent Office.

Does anyone here read John Hempton's blog?  He's a short seller.  Is there anything like Mr. Hempton's blog for crypto coins that you know of?  And I'm not interested in Weiss Research.

Can anyone explain how mining works on this coin?  What the hell are these different categories of MasterNodes?  Has the WSJ, FT, or Bloomberg picked up on this 'transformational' company?  Any articles you can point me to that exist in a major, well respected financial publication?

Sure it will.  Wake me up when that happens.