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Author Topic: IOTA - the scheme is being pumped hard now don't fall for the trap  (Read 41062 times)
cryptohunter (OP)
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June 13, 2017, 04:54:23 PM
Last edit: July 15, 2017, 10:44:34 PM by cryptohunter
 #1

After the stealth ICO raising only 500BTC (mostly to insiders and themselves)

they are now talking of a market cap of 1 billion since they and a few others control all the tokens.

This is 2000x returns for this self enriching scheme.

The only way this is possible is because there is total collusion between the very few people that bought this.

This is manipulation and collusion at its finest.

You will see the same people pumping this scam as always.

CFB here pumping with this guess the value bullshit never once mentioned the ICO on this main board before the crowd sale.

Avoid it if you want DAG then go for BYteball. That had quite terrible distribution too but the gang of scammers behind iota are far worse.

If it settles at 30M they should be grateful... of course because only a few people control all the tokens then they can force the price to stay wildly inflated for as long as they like. That's fine for them they will hold this up at huge MC for ages sucking btc out of investors pockets.

Look at the rigged poll... on the estimate the value all iota sock puppets voting.

You see the same people posting too

wizard,snail, banano, all these shills and scammers







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June 13, 2017, 05:33:10 PM
 #2

all these insta-scam ico going to fall as no one really care or buy into them

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June 13, 2017, 05:40:46 PM
 #3

This is way overvalued. Be very careful in speculating this coin.

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June 13, 2017, 05:46:07 PM
 #4

I smell that this is one of the big nails, which will close digital's currencies coffin (i.e. "raised eyebrows", regulations etc.). 

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June 13, 2017, 05:59:38 PM
 #5

I was wondering when a thread about this iota insanely high marketcap was going to appear.



1.6 billion market
Only listed on bitfinex lol..


Why? What use /adoption does iota have that warrants this much money?

Short this one its going way lower.
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June 13, 2017, 06:03:31 PM
 #6

I smell that this is one of the big nails, which will close digital's currencies coffin (i.e. "raised eyebrows", regulations etc.). 


What are the regulators going to do? They can't stop drugs being bought sold. How would they stop these ICO? Stamp their feet?

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June 13, 2017, 06:08:03 PM
 #7

Shit no preference I bought some   Grin   just for fun     
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June 13, 2017, 07:20:35 PM
 #8

I was wondering when a thread about this iota insanely high marketcap was going to appear.



1.6 billion market
Only listed on bitfinex lol..


Why? What use /adoption does iota have that warrants this much money?

Short this one its going way lower.


Tiz on coinline too with a ridiculous market cap

faith in authority is the enemy of the truth.
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June 13, 2017, 07:43:53 PM
Last edit: June 13, 2017, 08:25:40 PM by LitcoinCollector
 #9





Footballcoin, I rest my case.
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June 13, 2017, 08:03:35 PM
 #10

this is a definite scam. no way 2000x (200000%) returns...
watch out!

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June 13, 2017, 08:58:58 PM
 #11


You have no case.

All icos should be advertised not like your hidden stealth ico.

The wider the distribution the less manipulation and scamming is possible.

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June 13, 2017, 09:25:38 PM
 #12

i expected this....you still cant get funds out of finex right?

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June 13, 2017, 09:54:28 PM
 #13

You can get funds out of bitfinex just fine. Always could. But not in fiat form.

It's probably a scam. But if we're going to talk about ICO gains let's talk Ethereum, one of the narrowest distributions in crypto history with many still in the hands of a few people and devs.

This is pretty much a confidence play, nothing is actually worth what people are paying.

Hell, most fiat money is in the hands of a few people. That doesn't mean it hasn't worked for some 50 or so years.

IOTA will crash from current levels and you can pick some up cheaper, just be patient.
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June 13, 2017, 09:55:49 PM
 #14


You have no case.

All icos should be advertised not like your hidden stealth ico.

The wider the distribution the less manipulation and scamming is possible.


Ico was public at bct for 1 month, you were sleeping and missed out, sorry for your loss.

But you just go ahead a put your btc in footballcoin... Lips sealed



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June 13, 2017, 10:38:30 PM
 #15

The only way this is possible is because there is total collusion between the very few people that bought this.

This is manipulation and collusion at its finest.

People have been trading it during the last months in Slack using a trading bot. If I remember correctly, there were over 1000 people with a balance > 0 at some point.
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June 14, 2017, 12:39:45 AM
Last edit: June 14, 2017, 12:59:16 AM by jubalix
 #16

You can get funds out of bitfinex just fine. Always could. But not in fiat form.

It's probably a scam. But if we're going to talk about ICO gains let's talk Ethereum, one of the narrowest distributions in crypto history with many still in the hands of a few people and devs.

This is pretty much a confidence play, nothing is actually worth what people are paying.

Hell, most fiat money is in the hands of a few people. That doesn't mean it hasn't worked for some 50 or so years.

IOTA will crash from current levels and you can pick some up cheaper, just be patient.

yeah if finex has a FIAT problem its a red flag for me, they have teamed up with lawyers to dig them out, which means a negotiation / legal case in in the offing.

I would not really want my coins on finnex, it looks like a goxxing waiting to happen

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June 14, 2017, 12:47:10 AM
 #17

i tried to pull out some IOTA from bitfinex, no verification email yet.  i get all the other notification emails from them though, but not  one so I can verify the withdraw
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June 14, 2017, 02:07:59 AM
 #18

Iota

- No blockchain

- No fees

- No scability problems

- Quantum resistant

- Multi billion dollar corporate partnerships



Footballcoin? Really? You dumb fuk
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June 14, 2017, 02:36:28 AM
 #19


- No blockchain

- No fees

- No scability problems

- Quantum resistant

- Multi billion dollar corporate bullshit

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June 14, 2017, 02:38:10 AM
 #20

what is the size of the IOTA storage of data component (ie where they store all their transactions).


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