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Author Topic: [WARNING] Walton Chain (WTC) is a SCAM  (Read 27233 times)
j0z0r
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September 29, 2017, 06:02:40 PM
 #41


Those are not genuine, reliable sources.

Some sites will publish anything. And there is such a thing as fake news.
You mean like everything you say?
Keihatsu (OP)
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September 29, 2017, 06:04:48 PM
 #42


Those are not genuine, reliable sources.

Some sites will publish anything. And there is such a thing as fake news.
You mean like everything you say?

look at http://tech.china.com/article/20170823/2017082352011.html
vs. www.china.com

fake news my friend.

faith in authority is the enemy of the truth.
Xenon91
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September 29, 2017, 06:10:00 PM
 #43

It's a different heading. You are dumb ?   Lips sealed

http://edu.china.com/

http://culture.china.com/

and more... It is the same website  Grin

Do not be disgusted because you did not take the WTC train   Grin
btcdee
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September 29, 2017, 06:15:30 PM
 #44

Thank you for your post. I feel terribly sorry for the investors if your claims prove to be correct.
Keihatsu (OP)
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September 29, 2017, 06:35:18 PM
 #45

Thank you for your post. I feel terribly sorry for the investors if your claims prove to be correct.

Thanks.

To give them some credit, they have created a market for something that doesn't exist and will not exist.

If they are smart, they will keep up the facade as long as possible and gradually sell their tokens to maintain the market and confidence.

Given they control at least 70% of the tokens and the 24hr volume is circa $27million (which could include manipulation, such as buying their own tokens) they can probably skim a significant amount of money without much notice. Trying to sell to many tokens will collapse the market. I have seen this before with other scams like Unity Ingot. As long as people continue to believe in the project and buy the tokens, even if the market is stagnant or in slow decline, they'll keep skimming. I suspect it will continue for a while and eventually come to a slow and painful end with no product. And, like Unity Ignot, slowly disappear.

https://coinmarketcap.com/currencies/unity-ingot/
https://unityingot.com/ < relaunch is meant to be happening tomorrow, lol.


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fuddispeller
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September 29, 2017, 07:05:13 PM
 #46

http://tech.china.com/article/20170713/2017071340273.html

Look at the scam guys
So elaborate wow who are these masters of trickery

http://tech.china.com/article/20170703/2017070337823.html

wow such scam

http://tech.china.com/article/20170712/2017071239958.html

wow fake news

http://tech.china.com/article/20170629/2017062936839.html

wow i bet they took this on the same day as all the other ones op you're right they just took a bus trip to all the locations and then used an insider to fool china.com into thinking they're legit holy fk wow you might be onto something wow
Keihatsu (OP)
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September 29, 2017, 07:22:37 PM
 #47

http://tech.china.com/article/20170713/2017071340273.html

Look at the scam guys
So elaborate wow who are these masters of trickery

http://tech.china.com/article/20170703/2017070337823.html

wow such scam

http://tech.china.com/article/20170712/2017071239958.html

wow fake news

http://tech.china.com/article/20170629/2017062936839.html

wow i bet they took this on the same day as all the other ones op you're right they just took a bus trip to all the locations and then used an insider to fool china.com into thinking they're legit holy fk wow you might be onto something wow

These stories are not on www.china.com
I understand how fake news works. You are making it look like china.com but it isn't.


faith in authority is the enemy of the truth.
Zoltes
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September 29, 2017, 07:27:22 PM
 #48

I think it's good that people are questioning some uncertain facts (though probably the title should be "COULD be a scam") and it's not good that the team is deleting reddits like this and this. However, the concerns about the fake team and registrant dns don't seem to be valid.

The most valid concern is that the owners control 70% of the tokens. In fact there are 3 addresses with a huge stake. First is indeed theirs with 42.8571%, the second is Binance's address, and the third, according to them, is a big presale investor. If that's a lie, they have 56%. It's certainly something to worry about, though we've seen that in most of other projects even for Ethereum (and that invoked lots of posts like this one) and Bitcoin (4.11% of addresses own 96.53% of BTC).
Zoltes
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September 29, 2017, 07:44:00 PM
 #49

http://tech.china.com/article/20170713/2017071340273.html

Look at the scam guys
So elaborate wow who are these masters of trickery

http://tech.china.com/article/20170703/2017070337823.html

wow such scam

http://tech.china.com/article/20170712/2017071239958.html

wow fake news

http://tech.china.com/article/20170629/2017062936839.html

wow i bet they took this on the same day as all the other ones op you're right they just took a bus trip to all the locations and then used an insider to fool china.com into thinking they're legit holy fk wow you might be onto something wow

These stories are not on www.china.com
I understand how fake news works. You are making it look like china.com but it isn't.



I'm not trying to defend anyone and it's weird that fuddispeller registered a new account just to write in this thread, but when you open http://www.china.com/index.html, you'll see that every article from there goes into it's subdomain. Only the English version has everything on english.china.com subdomain. So news on tech.china.com seems to be legit.
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September 29, 2017, 07:49:49 PM
 #50

The way this was hyped up out of no where looks fishy to me , after seeing this i'll stay far away.

VeeTeaSee
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September 29, 2017, 08:04:31 PM
 #51

The thing i did not like about this coin is the circulating supply vs totalk supply...
thats why  i did not invest in this coin.
but when it jumped by x5 i started to believe thats its ok :/
Keihatsu (OP)
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September 29, 2017, 09:23:57 PM
 #52

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.


Yet another example of crappy/biased so-called research by the infamous Mr Keihatsu!

Here are the facts:

Waltons domain name info

1. Registrar: HiChina Web solutions (Hichina Zhicheng Technology Ltd) - which just happens to be owned by Alibaba Cloud services.
2. Admin: Nexperian Holding Limited, Le Jia International No.999 Liang Mu Road Yuhang District. - Same generic address detail for many thousands of websites, including some scam websites, but that has NOTHING to do with Walton chain.

And your point is?

Sorry.. you do not have a point, just baseless FUD



For the record, Nexperian Holding Limited is a privacy service that hides the identities of domain owners, which is why it is associated with so many scams. Why would a genuine project take such steps?

faith in authority is the enemy of the truth.
crazylikeafox
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September 29, 2017, 09:42:43 PM
 #53

Im pretty concerned on how they are going to deal with the regulatory bodies especially since China and S.Korea banned raising money thru ICO's. Don trust them with much money
audiTT
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September 30, 2017, 10:46:30 AM
 #54

Statement

Banning ICOs is to prohibit future ICOs to be carried out in South Korea, the currently existing and completed ICO projects in South Korea will not be affected. The meaning of the news articles is to punish or convict individuals and groups using the tool of initial offering of crypt to currencies to be used in unlawful activities. On the other hand, this regulation on banning ICOs is good news to WTC, to rid of the fake and leaving the strong and the good, to refine high quality and even global block chain projects. The block chain industry / communities require such self-discipline and supervision, for the promotion of a healthier development of the block chain industry.
As for WTC, we are clearly done with our ICO process and already being traded on an exchange right now. This regulation would not impact us, and from another angle, the industry will certainly benefit from this regulation. WTC Korea will continue to accelerate our pace and efforts here and also the global market.
(Walton chain Technology Co.,Ltd)

2017/9/29

audiTT
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September 30, 2017, 10:53:32 AM
 #55

Umm who was it that said Walton was a scam?
I hope your ready to eat hubble pie and apologise for your BS and FUDDING Keihatsu

Recently, the "Fortune Marine Monitoring Laboratory of Fujian Province" (hereinafter referred to as "Wisdom Ocean"), which is a member of the Walton Chain project team, is approved by the Fujian Provincial Development and Reform Commission and will receive 5 million project subsidy for the experiment Room construction.

The construction of the "marine power" by the 18th National Congress of the Communist Party of China (CPC) is a major leap in the history of China since its founding. Wisdom and ocean engineering was born, it is "industrialization + information" in the field of deep integration of the ocean, but also the depth of integration of military and civilian, and comprehensively enhance the overall capacity of the overall solution. Based on the perfect marine information collection and transmission system, to build an autonomous safe and controllable marine cloud environment as the support, the marine rights and interests, control, development of three areas of equipment and activities of the system integration, the use of industrial data and the Internet Large data technology, to achieve the sharing of marine resources, marine activities, coordination, mining new needs, to create new value, to achieve the purpose of wisdom by the sea. Fujian Province based on the previous good foundation, the construction of Fujian Province, the wisdom of marine testing laboratories, will enable our province in the wisdom of the sea as the first to enhance the province's ability to slightly oceans and promote the development of marine economy is of great significance.
Ai Aote Technology Co., Ltd. is a professional commitment to radio frequency identification (RFID) reader R & D, production and sales as one of the high-tech enterprises. IOT-RFID series of products has been widely covered in mainland China provinces and cities and Hong Kong, Macao and Taiwan, Southeast Asia, North America, Europe and other countries and regions. Its product stability, sensitivity and consistency, and so has become an industry model.

Ai Teote members in the "wisdom of the ocean" testing laboratory research and development and technology integration, to help the laboratory use of video awareness, identification perception, attribute perception, location perception and other Internet of things, wireless transmission network technology to establish a comprehensive information perception Platform to promote Fujian "wisdom of the ocean" project construction. And through the effective management of business platform, business platform and data center, establish a scientific operational evaluation system so that the government can analyze the business environment and economic development trend, analyze the market demand, guide the development of industrial agglomeration, guide the development and utilization of resources and production The rational allocation of resources, the construction of Fujian has the wisdom of the ocean, enhance the development of marine control in Fujian Province, Fujian Province, the development of intelligent marine industry has a catalytic role.
Ai Teote technology has always been shoulder the "development of marine economy, the construction of marine strong province" service concept, wholeheartedly into the "wisdom of the ocean" monitoring work, effectively improve the all-round disaster early warning service system to improve the marine disaster and other emergencies, Enhance the social, public production operations at sea, the safety of human and property security capabilities. In the future, the wisdom of marine testing laboratories will be burdened with a more difficult but glorious mission to continue before the behavior of Fujian Province, "wisdom of the ocean" project landing breakthrough innovation, open the wisdom of the ocean, intelligent city of good information age!

LINK: http://tech.china.com/article/20170827/2017082753050.html
Keihatsu (OP)
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September 30, 2017, 10:58:37 AM
 #56

Fake news, utter nonsense.

You guys make me laugh. Trying really hard.

 Grin

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Swami_rama
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September 30, 2017, 12:58:23 PM
 #57

I feel bad for the competition committee that got scammed out of 5 million.  The 5x was sweet for me though
ZaoXhou
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September 30, 2017, 01:13:05 PM
 #58

I feel bad for the competition committee that got scammed out of 5 million.  The 5x was sweet for me though

Where someone profits on the market, there is likely someone losing on the market. It's sad but that's trading.
Keihatsu (OP)
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September 30, 2017, 01:31:21 PM
 #59

I feel bad for the competition committee that got scammed out of 5 million.  The 5x was sweet for me though

Hi (another) newbie,

Are you referring to the "competition" the project oppositely won?
And you're saying the team won 5 million?
If so, LMAO.

faith in authority is the enemy of the truth.
ZilchTheNada
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September 30, 2017, 10:11:55 PM
 #60


Those are not genuine, reliable sources.

Some sites will publish anything. And there is such a thing as fake news.
You mean like everything you say?

look at http://tech.china.com/article/20170823/2017082352011.html
vs. www.china.com






fake news my friend.


A subdomain is a part of the main website, tech.china.com is part of the main website china.com. You lousy fuck.

If you have a large and confusing site that’s hard to navigate, like china.com, then guess what you lousy fuck? You'll have to go with subdomains or subdirectories in order to improve user experience.

Google uses subdomains for distinct products such as news.google.com or maps.google.com, for example. Does that means news.google.com or maps.google.com are fake websites? No, you lousy fuck.
 

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