STRATIS Pumping again...be careful

[fatlever]

With the Chinese stance on ICO bringing down Chinese smartcontract platforms, it seems that people have found a reason to pump Stratis.  I'd be really careful - posted some of this before in other forums.

• For a C# smart contract platform (using a language that a ton of people already know well), development community and technical talk in forums is non-existent (look at early Ethereum technical discussions in reddit, there is NOTHING anywhere for Stratis)
• the CEO talks a lot of fluff and provides virtually zero technical knowledge
• there seem to be like maybe 1-2 developers behind it, that's it
• the full node has been downloaded maybe by a dozen people, total number of downloads for all versions is tiny for a top #20 crypto
• virtually non-existent communication from the development team
• a lot of non-technical people who seem to have bought it pumping it with fluff articles, blogs and youtube video
• Hype about releasing Breeze Wallet pumps up the price months back, then never released, then release hype then delay, months later we get hype again

Also this guy did a really good research on a lot of red flags with Stratis, you should read it:

https://cryptoizzy.blogspot.de/2017/06/stratis-coin-redflags-abound-in-short.html

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[SonnetStar]

I cannot tell if this is FUD or legit....straits was always one of my go to coins but its performing like shit lately

I'll be watching this thread

[Similificator]

With the Chinese stance on ICO bringing down Chinese smartcontract platforms, it seems that people have found a reason to pump Stratis.  I'd be really careful - posted some of this before in other forums.

• For a C# smart contract platform (using a language that a ton of people already know well), development community and technical talk in forums is non-existent (look at early Ethereum technical discussions in reddit, there is NOTHING anywhere for Stratis)
• the CEO talks a lot of fluff and provides virtually zero technical knowledge
• there seem to be like maybe 1-2 developers behind it, that's it
• the full node has been downloaded maybe by a dozen people, total number of downloads for all versions is tiny for a top #20 crypto
• virtually non-existent communication from the development team
• a lot of non-technical people who seem to have bought it pumping it with fluff articles, blogs and youtube video
• Hype about releasing Breeze Wallet pumps up the price months back, then never released, then release hype then delay, months later we get hype again

Also this guy did a really good research on a lot of red flags with Stratis, you should read it:

https://cryptoizzy.blogspot.de/2017/06/stratis-coin-redflags-abound-in-short.html

Man, this really sucks specially for me who like the concept of stratis i really saw potential on that coin. But as what the guy on top said, it has been acting bad lately. I was thinking of putting some money into it and investing. But now im having second thoughts. I'm gonna watch this thread. And do my own research about this.

[fatlever]

I cannot tell if this is FUD or legit....straits was always one of my go to coins but its performing like shit lately

I'll be watching this thread

Yeah, I am not saying don't buy it.  Just saying be careful, do hard research and make your own decision.  It pumped all the way past $10 before and could easily do that and a whole lot more.  But I don't think that would be due to the technical solution it provides but rather to pumping and speculation.  

[Insanerman]

I cannot tell if this is FUD or legit....straits was always one of my go to coins but its performing like shit lately

I'll be watching this thread

Yeah, I am not saying don't buy it.  Just saying be careful, do hard research and make your own decision.  It pumped all the way past $10 before and could easily do that and a whole lot more.  But I don't think that would be due to the technical solution it provides but rather to pumping and speculation.  

Thanks for the reminder.  I think for a trader that trade for several months and year, he is ware of whats happening. We are familiar of this pump and dump scenario and in addition of this Chinese banning of ICO's I think we should be very careful. We do not not want to end up as a bag holder. Good luck to everyone, do your own research. Knowledge is power.

[irukandji]

With the Chinese stance on ICO bringing down Chinese smartcontract platforms, it seems that people have found a reason to pump Stratis.  I'd be really careful - posted some of this before in other forums.

• For a C# smart contract platform (using a language that a ton of people already know well), development community and technical talk in forums is non-existent (look at early Ethereum technical discussions in reddit, there is NOTHING anywhere for Stratis)
• the CEO talks a lot of fluff and provides virtually zero technical knowledge
• there seem to be like maybe 1-2 developers behind it, that's it
• the full node has been downloaded maybe by a dozen people, total number of downloads for all versions is tiny for a top #20 crypto
• virtually non-existent communication from the development team
• a lot of non-technical people who seem to have bought it pumping it with fluff articles, blogs and youtube video
• Hype about releasing Breeze Wallet pumps up the price months back, then never released, then release hype then delay, months later we get hype again

Also this guy did a really good research on a lot of red flags with Stratis, you should read it:

https://cryptoizzy.blogspot.de/2017/06/stratis-coin-redflags-abound-in-short.html

That analysis says the following.

In short, it is my opinion that Stratis is a scam, likely perpetrated by the founders and members of the organization. I wouldn’t be surprised if they own most of the coins

That is obviously FUD  

Does that person truly believe the founders own most of the coins?  Really?  

the reviewer also goes on to say.

Considering that they make no reasonable case anywhere on their website to garner actual business clients (as opposed to just trying to get people to buy their coins), you’d think they must have a very pro-active commercial marketing and development team: actively pitching companies on the benefits of Stratis Consulting and Implementation.

Stratis is one of the only projects to actually get a paying customer. So that reviewer was clearly off the mark.
Can anyone here name another project with a paying business customer?


https://cointelegraph.com/press-releases/earth-twine-and-stratis-partner-worlds-first-seafood-dedicated-blockchain

[energico]

With the Chinese stance on ICO bringing down Chinese smartcontract platforms, it seems that people have found a reason to pump Stratis.  I'd be really careful - posted some of this before in other forums.

• For a C# smart contract platform (using a language that a ton of people already know well), development community and technical talk in forums is non-existent (look at early Ethereum technical discussions in reddit, there is NOTHING anywhere for Stratis)
• the CEO talks a lot of fluff and provides virtually zero technical knowledge
• there seem to be like maybe 1-2 developers behind it, that's it
• the full node has been downloaded maybe by a dozen people, total number of downloads for all versions is tiny for a top #20 crypto
• virtually non-existent communication from the development team
• a lot of non-technical people who seem to have bought it pumping it with fluff articles, blogs and youtube video
• Hype about releasing Breeze Wallet pumps up the price months back, then never released, then release hype then delay, months later we get hype again

Also this guy did a really good research on a lot of red flags with Stratis, you should read it:

https://cryptoizzy.blogspot.de/2017/06/stratis-coin-redflags-abound-in-short.html

thank for information you share. But for me stratis still is a good coin for invest and do some project on this platform. Sometime not because money or profit. Just because I love C#

[cryptonia]

With the Chinese stance on ICO bringing down Chinese smartcontract platforms, it seems that people have found a reason to pump Stratis.  I'd be really careful - posted some of this before in other forums.

• For a C# smart contract platform (using a language that a ton of people already know well), development community and technical talk in forums is non-existent (look at early Ethereum technical discussions in reddit, there is NOTHING anywhere for Stratis)
• the CEO talks a lot of fluff and provides virtually zero technical knowledge
• there seem to be like maybe 1-2 developers behind it, that's it
• the full node has been downloaded maybe by a dozen people, total number of downloads for all versions is tiny for a top #20 crypto
• virtually non-existent communication from the development team
• a lot of non-technical people who seem to have bought it pumping it with fluff articles, blogs and youtube video
• Hype about releasing Breeze Wallet pumps up the price months back, then never released, then release hype then delay, months later we get hype again

Also this guy did a really good research on a lot of red flags with Stratis, you should read it:

https://cryptoizzy.blogspot.de/2017/06/stratis-coin-redflags-abound-in-short.html

That analysis says the following.

In short, it is my opinion that Stratis is a scam, likely perpetrated by the founders and members of the organization. I wouldn’t be surprised if they own most of the coins

That is obviously FUD  

Does that person truly believe the founders own most of the coins?  Really?  

Yep that looks like a crazy conspiracy theory. Does the author have any evidence that the founders and members of the organization own most of the coins?

No, he provides no evidence.  It's just a crazy idea with no evidence which makes me question everything he says.

[cryptonia]

Also this guy did a really good research on a lot of red flags with Stratis, you should read it:

https://cryptoizzy.blogspot.de/2017/06/stratis-coin-redflags-abound-in-short.html

He didn't do "good research" he came up with some nutty "conspiracy theories".  

[sunhany]

• there seem to be like maybe 1-2 developers behind it, that's it
• a lot of non-technical people who seem to have bought it pumping it with fluff articles, blogs and youtube video

I agree with these, I'm not sure about the others.

[Darker45]

• there seem to be like maybe 1-2 developers behind it, that's it
• a lot of non-technical people who seem to have bought it pumping it with fluff articles, blogs and youtube video

I agree with these, I'm not sure about the others.

These are all pretty normal. These are legitimate strategies that developers of a certain project or coin can use to boost their coin's value. At the end of the day, Stratis remains to be a good project. This is not a shitcoin unlike so many others out there. Moreover, this is not a pump and dump coin either. I am trusting Stratis!

[sinx91]

• there seem to be like maybe 1-2 developers behind it, that's it
• a lot of non-technical people who seem to have bought it pumping it with fluff articles, blogs and youtube video

I agree with these, I'm not sure about the others.

really. how 2 dev can do a lot of thing @.@

[cryptonia]

So Stratis starts going up...and what happens. Some newbie on the forum suddenly appears to "warn people". Out of the goodness of his heart. Who believes such crap? 

the world is full of deceitful people and some of them are whales who open sock puppet accounts so they can FUD and buy low.

Who really believes that newbies  just appear out of nowhere with only other peoples good at heart?

[okissabam]

Stratis is one of the coins I had been holding on to for a couple of months but lately I'm having doubts with this coins. Its like it is not going anywhere, but I still hold on to the hopes of this coin to pump sooner. Waiting for something better though.

[trademark]

The price of Stratis has been hit pretty hard the past month or so and this is not a pump.  It's just a natural price increase since it is very undervalued.  It has yet to pump and is destined to when the releases are out.  Better get back in if you sold at the bottom.  Stratis is the future!

[Kool_89]

The price of Stratis has been hit pretty hard the past month or so and this is not a pump.  It's just a natural price increase since it is very undervalued.  It has yet to pump and is destined to when the releases are out.  Better get back in if you sold at the bottom.  Stratis is the future!

we have heard this so many times on numerous threads, on their slack and lot of other places but when will this ever happen?
this coin is going nowhere. i personally hold lot of stratis but i will never sell in loss so just waiting to even out so i can invest into some other profitable and productive projects/coins.

[bitcoinmaniac52]

You always need to be careful of every altcoin. All the owners and founders want to do is convince you to buy their coin and soon enough they will dump theirs and essentially stealing your money from you.

[kryptqnick]

I cannot tell if this is FUD or legit....straits was always one of my go to coins but its performing like shit lately

I'll be watching this thread

Come on, just take a look at their website and the info they offer.  I think the only thing that helps them going is good marketing. They offer a light technical details presentation which explains what blockchain is and how mining and proof of stake works. They don't say a thing which makes them different from bunch of other coins. Oh, and they name Poloniex, Chengelly and Bittrex their partners, but come on, these are just exchange websites that accept the coin, I don't think it is really what should be called partnership.

[Jibit]

I cannot tell if this is FUD or legit....straits was always one of my go to coins but its performing like shit lately

I'll be watching this thread

Come on, just take a look at their website and the info they offer.  I think the only thing that helps them going is good marketing. They offer a light technical details presentation which explains what blockchain is and how mining and proof of stake works. They don't say a thing which makes them different from bunch of other coins. Oh, and they name Poloniex, Chengelly and Bittrex their partners, but come on, these are just exchange websites that accept the coin, I don't think it is really what should be called partnership.

The only thing I dont like on stratis website is not enough tutorial for this coin. Even it have many language

[twiifm]

Everyone says that the price of Stratis will rise but on the contrary, Stratis is experiencing a steady decline.

I'm starting to lose confidence in Stratis. I do not think you will make a profit in the short term, but the long term will be profitable in Stratis like many coins.