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Author Topic: [WARNING] Walton Chain (WTC) is a SCAM  (Read 27271 times)
Keihatsu (OP)
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September 28, 2017, 12:59:31 PM
Last edit: September 28, 2017, 02:50:34 PM by Keihatsu
 #1

Without any shadow of a doubt, WTC is a scam.

Get out while you can!

There is no reliable record of the team i.e. linking them and their experience to the project.
Try and find evidence linking the supposed former VP of Samsung to Samsung and the project.

This forum and Reddit is full of very blatant WTC shills. The comments on Reddit are beyond belief.

Listed on only one exchange, with a relatively small number of tokens (compared to similar projects) the price looks like it is being manipulated.

They are pretending to win a competition that does not exist. The "Jinjiang Competition" - there is no reliable source for this whatsoever. This is an unverified/fake news http://www.kinews.net/news/articleView.html?idxno=110897
Seriously, they have just won a major competition - logos stuck on t-shirts, with a dodgy banner outside a sports centre. I've been to plenty of award ceremonies and competition results, this is a joke.

The website is poorly developed. If these people are serious/investable why can't they design a website or t-shirts. And it's called Walton coin. Serious business people would be much, much slicker than this.

I suspect a lot of effort has gone into making this appear credible but it isn't. Some people have seen big returns this week and are talking about market cap increase to $1billion+ and are dismissing my point of view with comments like "ah, well, things are lost in translation. they all have similar names and everyone is VP at Samsung. Western news would not cover the competition" etc.

You have been warned!

My only interest is for good people not to lose money.

For the record, my investments are: Waves, Wagerr, Zcoin, District0X, ARK and Monero.

I have no conflicts of interest and nothing to gain from this post.

faith in authority is the enemy of the truth.
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September 28, 2017, 01:20:00 PM
 #2

Not having Slack is a good thing though, too many fake accounts phishing for ether wallets on there.


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Keihatsu (OP)
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September 28, 2017, 02:01:50 PM
 #3

Further update:

Here is the whois information:

https://www.whois.com/whois/waltonchain.org

These registration details have been used in several scams e.g. hookwhois.org

A fake "your who is details have expired, click here to renew".

https://myonlinesecurity.co.uk/yet-another-whois-registration-scam/

Scroll down to the bottom of the page. Same details including the wonderful "No.999 Liang Mu Road Yuhang District" address.

And.... TankIn.net / sliver.me / jpsheath.org / .... all linked to scams.

faith in authority is the enemy of the truth.
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September 28, 2017, 02:53:55 PM
 #4

Why's SCAM
Keihatsu (OP)
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September 28, 2017, 04:59:47 PM
 #5

Why's SCAM

insightful comment. read what I wrote.

faith in authority is the enemy of the truth.
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September 28, 2017, 05:09:20 PM
 #6



The ongoing pump will end bad for some. I wouldn't touch it now.

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September 28, 2017, 05:10:46 PM
 #7

Interesting. I've looked into it a bit and the Samsung VP bit seemed to be the only positive that stood out. Thanks for the info.
Keihatsu (OP)
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September 28, 2017, 05:49:35 PM
 #8

No problem.

I tried to constructively put these question to the team on slack but no one owned up to being part of the team and then I was banned. Presume someone from the team was there since they had the power to ban me. My comments were dismissed as "don't listen to him he wants to price to drop so he can buy cheap".

The coin was being pumped pretty hard, it's being pumped even harder since I started asking questions.

Volume $34,000,000 in 24hrs up 86%, in my opinion, is a complete fabrication and manipulation of the market.

I doubt these cowboys will be able to keep the pretence up for much longer.

faith in authority is the enemy of the truth.
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September 28, 2017, 10:33:05 PM
 #9

Without any shadow of a doubt, WTC is a scam.
Get out while you can!
My only interest is for good people not to lose money.


INCORRECT.

You simply have not done your homework.

Everything you wrote, and I mean everything, is total BS.

No wonder you were banned from another site(s)

You simply have no idea what your talking about.

I hope you get banned from this site also.




And you have?

Proof?



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September 28, 2017, 10:35:14 PM
 #10

Wow this is some serious afirmations and I don't know the project to a point where I can say your right or wrong but now got to check it because this was one of the projects in my watch list.

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September 28, 2017, 10:53:35 PM
 #11

In some reasons there is no a reliable news to support the jinjiang rumour related to the walton project, And that the heck pboc as the higher institutional in the china. and that doesn't make sense to see the middle institutional are ignoring the command from the government.

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September 28, 2017, 11:31:48 PM
 #12

Without any shadow of a doubt, WTC is a scam.

Get out while you can!

There is no reliable record of the team i.e. linking them and their experience to the project.
Try and find evidence linking the supposed former VP of Samsung to Samsung and the project.

This forum and Reddit is full of very blatant WTC shills. The comments on Reddit are beyond belief.

Listed on only one exchange, with a relatively small number of tokens (compared to similar projects) the price looks like it is being manipulated.

They are pretending to win a competition that does not exist. The "Jinjiang Competition" - there is no reliable source for this whatsoever. This is an unverified/fake news http://www.kinews.net/news/articleView.html?idxno=110897
Seriously, they have just won a major competition - logos stuck on t-shirts, with a dodgy banner outside a sports centre. I've been to plenty of award ceremonies and competition results, this is a joke.

The website is poorly developed. If these people are serious/investable why can't they design a website or t-shirts. And it's called Walton coin. Serious business people would be much, much slicker than this.

I suspect a lot of effort has gone into making this appear credible but it isn't. Some people have seen big returns this week and are talking about market cap increase to $1billion+ and are dismissing my point of view with comments like "ah, well, things are lost in translation. they all have similar names and everyone is VP at Samsung. Western news would not cover the competition" etc.

You have been warned!

My only interest is for good people not to lose money.

For the record, my investments are: Waves, Wagerr, Zcoin, District0X, ARK and Monero.

I have no conflicts of interest and nothing to gain from this post.

No need to make FUD dude I believe in Wtc like many others. there is many project with bad internet pages etc. you cant call a Project just because of internet page or some poor arguments.
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September 29, 2017, 12:45:39 AM
 #13

This is rediculous at the highest level!

Do you think Binance would allow any Chinese coins onto their exchange without doing the due diligence? OF COURSE NOT!

Do you think Waltonchain would hire a team of actors to do a tour of their office? OF COURSE NOT!

Do you think all the news articles in Korea and China about Waltonchain making partnerships have media collaberating in this so called scam?? OF COURSE NOT!


there are some sour people here who either did not do research or missed out on a god entry point and now trying to hurt those who did get in on time.

http://it.sohu.com/20170619/n497691996.shtml
https://www.lianguwang.com/article/1343
http://news.sohu.com/20170703/n499620493.shtml
http://www.kinews.net/news/articleView.html?idxno=108390

Above are some articles about this 'scam company'

NOW SHUT THE F UP AND STOCK FUDDING ON THIS COIN AND PUT SOME EFFORT INTO RESEARCHING YOU BRAINLESS MORON

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September 29, 2017, 01:47:49 AM
 #14

skkim@korea.ac.kr is the email address of KIM, Suk Ki if anyone wants to ask him if he's actually involved.
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September 29, 2017, 02:31:11 AM
 #15

NB: Kim Suk-ki was not the vice president of the entire Samsung Corp as some have concluded.
But A former vice president of one its divisions. Samsung SDI I believe.
This guy is a valuable advisor for Walton to have on board, I have seen some of his patents and white papers, VERY impressive

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September 29, 2017, 04:54:00 AM
 #16

OP, instead of spreading crap why don't you chat then up on their official telegram group here: @waltonchain_en. Stop being another JP Morgan and act reasonably by doing a deep research into the project rather than this hate and FUD you spew.

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Keihatsu (OP)
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September 29, 2017, 08:39:16 AM
 #17

Happy for people to do their own research.

Just raising my concerns so people can hopefully make an informed choice.


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Keihatsu (OP)
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September 29, 2017, 08:47:22 AM
 #18

Without any shadow of a doubt, WTC is a scam.

Keihatsu where are you?
Are you going to elaborate and provide proof of your ridiculous claims?

Have you researched the so called 'Jinjiang competition' ?
BTW: There are MANY industrial design competitions hosted by the Fujian provincial economic commission and Jinjiang city itself.

There is NO one 'Jinjiang competition' Try googling the 'Straits plan' or 'Straits cup'

Or, if googling is too difficult for you, try here:

http://ehxb.jiid.cc/#


You're obviously linked to the project. Hence, setting up this account just to try and rebut what I say. Happy to debate with you.

The competition does not exist, Walton is a scam.

The project does not exist, Walton is a scam.

The website you linked to is a joke. You are a joke.

Some investors will make money in the short term. I suspect you will make a small fortune. At some point, everyone will realise that Walton chain is an elaborate scam. I just hope that no good people get caught holding the tokens when it all comes crashing down.


faith in authority is the enemy of the truth.
Keihatsu (OP)
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September 29, 2017, 09:05:41 AM
 #19

skkim@korea.ac.kr is the email address of KIM, Suk Ki if anyone wants to ask him if he's actually involved.



Thats a bit over the top.
Lets not spam the guy with stupid questions.

He is def an advisor. Jin Xiji is his Chinese name.
There are plenty of pictures of him with the team and his professional bio/pic is available on the net outside of Waltonchain
He is NOT part of the permanent team though, just an advisor.

He may or may not advise too much though because for the Chinese (and I should know) having a 'famous' advisor onboard is often about prestige more than anything else.





Who is Kim?
http://www.waltonchain.org/team

Oh, I see, Jin Xiji is his Chinese name. Of course, he's known as Kim.

You / the project have widely promoted "Jin Xiji" as former Samsung VP.
Oh, I see, now it's a division of Samsung.

This man has not worked for Samsung as a senior manager.

You guys make me laugh.

You can't even design a decent website, so how can you deliver RFID on the blockchain.

5 minutes research = this is a joke.

faith in authority is the enemy of the truth.
Keihatsu (OP)
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September 29, 2017, 09:09:10 AM
 #20

other sensible people are coming to the same conclusion:

https://www.articlezip.com/waltoncoin-shenanigans/


faith in authority is the enemy of the truth.
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