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bL4nkcode
Copper Member
Legendary
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Activity: 2142
Merit: 1305
Limited in number. Limitless in potential.
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December 29, 2019, 10:15:53 PM |
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Can't complain those are paid shills account bumping. Project having those activity are worst and cannot be trusted, though the coin have its price already, but its less than 1 usd having said that its a stablecoin.
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Jating
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December 30, 2019, 03:02:41 AM |
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Can't complain those are paid shills account bumping. Project having those activity are worst and cannot be trusted, though the coin have its price already, but its less than 1 usd having said that its a stablecoin. Yeah, I quickly took a glance and damn, almost all of the post about this project is a shill account. I also check their whitepaper, pictures of the people behind and it really looks very shady to say the list. So it's possible that this could be a scam project and hope that we can uncover them as early before they can scam a lot of newbie investors.
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notblox1 (OP)
Legendary
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Activity: 2058
Merit: 1264
Logo Designer ⛨ BSFL Division1
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December 30, 2019, 03:17:19 AM |
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It is listed on this unkown exchange catex with unstable price of $0.01 And I see they now changed the logo... to avoid blatant copy/paste
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joniboini
Legendary
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Activity: 2184
Merit: 1792
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December 30, 2019, 05:22:44 AM |
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Scammy exchange for scammy tokens. Well deserved I guess?
Seriously though, nobody in their right mind would bother using this token.
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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notblox1 (OP)
Legendary
Offline
Activity: 2058
Merit: 1264
Logo Designer ⛨ BSFL Division1
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January 07, 2020, 09:58:00 AM |
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Can some trusted members with higher ranks please tag and report all the people that are making fake posts in their topic?
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nutildah
Legendary
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Activity: 2982
Merit: 7984
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January 07, 2020, 11:49:19 AM |
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Can some trusted members with higher ranks please tag and report all the people that are making fake posts in their topic?
I've never had success reporting these types of comments, but I did find plagiarism in the white paper and posted a warning there. Perhaps I'll tag some of the spammers that have receive a merit or two but I need to give them a bit more time to establish their pattern of spamminess.
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notblox1 (OP)
Legendary
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Activity: 2058
Merit: 1264
Logo Designer ⛨ BSFL Division1
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January 07, 2020, 11:53:21 AM |
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I've never had success reporting these types of comments, but I did find plagiarism in the white paper and posted a warning there. Perhaps I'll tag some of the spammers that have receive a merit or two but I need to give them a bit more time to establish their pattern of spamminess.
Thank you. They also did the same thing with their logo, but then they changed it after they saw I posted info about that.
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tippytoes
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January 07, 2020, 12:08:34 PM |
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I hope people are checking the trust of the OP before sending anything to this project. That alone will give them warning signal on not to spend any money on this potential scam in the making. Their European Coordinator linkedin profile seemed to be newly-created as he has only 3 connections. Furthermore, their CEO has no profile photo in linkedin. And these CEO and CPO more than likely are brothers.
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tmfp
Legendary
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Activity: 1932
Merit: 1737
"Common rogue from Russia with a bare ass."
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January 07, 2020, 10:52:17 PM Last edit: January 08, 2020, 12:01:10 AM by tmfp Merited by nutildah (1), notblox1 (1) |
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"TrustUSD" (sic) appears to be a complete rip off of the late and unlamented Base/Basis nonsense stablecoin scheme, shorn of details of how the removal of the "bond" support* proposed there would be replaced, presumably by a unicorn smart contract. *think how security offering attitudes have changed in the 2 1/2 years since. That pile of unnecessarily complex garbage thinking, "bullshit baffles brains" was shilled by John Taylor of Taylor Rule fame, and a nearly Head of the Fed if Trump had had his way. I note that the Dangermouse character behind this Trust (lol) thing likes to pose on Twitter in his MAGA hat. Just a couple of examples of completely coincidental similarities which abound between the $132,000,000 failure 2017/18 "Basis" scheme and the destined to fail 2020 "TrustUSD" copycat scheme.For example, to start off, 1 TrustUSD token is established to target $1 USD. TrustUSD could potentially even eclipse the dollar and be updated to peg to a consumer price index (CPI), similar to how central banks hit inflation targets today. The TrustUSD protocol accomplishes this by algorithmically adjusting the supply of TrustUSD tokens in response to changes in, for example, the TrustUSD exchange rate. This implements a monetary policy similar to that is also executed by central banks around the world, except we operate as a decentralized, protocol-enforced algorithm, without the need for direct human judgment as opposed to traditional banking algorithms. For example, to start off, 1 Basis can be pegged to always trade for 1 USD. In the future, Basis could potentially even eclipse the dollar and be updated to peg to a consumer price index (CPI) or basket of goods, similar to how central banks hit inflation targets today. The Basis protocol accomplishes this by algorithmically adjusting the supply of Basis tokens in response to changes in, for example, the Basis-USD exchange rate. This implements a monetary policy similar to that executed by central banks around the world, except it operates as a decentralized, protocol-enforced algorithm, without the need for direct human judgment.. Measuring Exchange Rates with Oracle Systems Since the price of TrustUSD in the markets is exogenous to the blockchain, the system must rely on a decentralized or centralized price oracle to estimate the true exchange rate. There are multiple ways oracle systems can be implemented into TrustUSD: • Trusted Feed. This method is the simplest method that allows a source to upload real world exchange rates from large trustworthy exchanges to a smart contract. • Decentralized Delegation Feed. This method isn't 100% decentralized, but it allows holders of TrustUSD tokens to vote on a select number of price-feed uploaders. This method also can prevent price manipulation by allowing token holders to vote out users with bad intentions. Measuring the Exchange Rate First, we explain how the Basis blockchain obtains the Basis-USD exchange rate. Since this information is external to the blockchain, the Basis protocol must implement what is known as an oracle system, i.e., a system that uploads outside information to a blockchain. This can be implemented in several ways: • Trusted feed. The simplest approach is to have a single feed that uploads the real-world exchange rate to the blockchain, say from Coinbase, Kraken, or another large exchange. This is obviously a point of centralization, but it bears mentioning nonetheless. • Delegated decentralized feed. A semi-decentralized approach is to select a small group of feed uploaders by vote from holders of Basis... If any bad actor is consistently identified as trying to corrupt the feed, they can be voted out of the system by coin-holders .. Ad nauseum..
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Extraordinary Claims require Extraordinary Evidence
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nutildah
Legendary
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Activity: 2982
Merit: 7984
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January 09, 2020, 10:15:28 AM Last edit: January 09, 2020, 02:55:32 PM by nutildah |
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From the Maya Preferred 223 scam thread: One thing about this MAYA crap that mildly interested me was the role of The Crypto Analyst in their pretty basic PR approach. ... "The Crypto Analyst" is Brendan Viehman a know nothing kid who claims, like all know nothing kids, to be an experienced blockchain and cryptocurrency consultant that has worked with the field since 2011 where I began my journey. . From looking at him, in 2011 he would have been about nine. Anyway, nothing special, just another chancer in a crypto world full of them, but.... So, what is a short description of Maya Preferred? Let's go with "A pretend stablecoin listed on Saturn and Catex: minimal, low quality trading and no reason to exist other than P&D." Now let's look at Viehman's Linkedin again I have worked with numerous companies and projects such as TrustUSD (TRUSD) Maya Preferred 223 (MAPR), Digital Fantasy Sports (DFS) TrustUSD?So, what is a short description of TrustUSD? "A pretend stablecoin listed on Saturn and Catex: minimal, low quality trading and no reason to exist other than P&D." This might be a stretch but expounding on the Maya Preferred / TrustUSD connection: I noticed that Amy has changed her telegram name to Rainbow Brite Amy (RainbowBrite85) and has not been seen since the 2nd of Jan and does not appear to be an Admin no more. I think she more then likely took their last pay of $200-$250 and packed it in. She knows it is a scam and tried to make me look like an idiot to have money and lead the others down a dark path of being scammed. Edit: My suspicions where correct check out this https://ibb.co/C8pGcF6 she knew it was a scam all a long and did not care about anyone being scammed aslong as she got her money.... How evil. This person is a member of the TrustUSD Telegram group: And apparently one of the spammers for the TrustUSD thread: Congratulations to the TrustUSD Team!!! This one is going to make it!
This idea is phenomenal, and the people who are backing it up are strong! Only a matter of time before this explodes.
What are the chances that this person is also Brendan Viehman or part of his promotional team? Regardless, their involvement is another sign that this project is a scam. Edit: added a flag against this project.
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notblox1 (OP)
Legendary
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Activity: 2058
Merit: 1264
Logo Designer ⛨ BSFL Division1
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January 09, 2020, 04:39:39 PM |
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I am supporting your flag @nutildah
I will not post in thier ANN topic and bump it up anymore. It is full of 'trusd protectors'
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tmfp
Legendary
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Activity: 1932
Merit: 1737
"Common rogue from Russia with a bare ass."
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January 13, 2020, 02:17:14 AM |
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I will not post in thier ANN topic and bump it up anymore. It is full of 'trusd protectors'
I will and just have, because it's getting exposure for our observations for any newbies searching for it. Also, stupid shills post stupid shit if you engage them. Stuff gets drowned in Scam Accusations these days, I usually cross post into the main threads too.
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Extraordinary Claims require Extraordinary Evidence
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Antoni4EVA1984
Member
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Activity: 180
Merit: 47
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January 18, 2020, 01:09:43 PM |
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Looks like Amy has changed her username once again to not be found, what a scum bag she is............. Anyways here is her new Telegram username @RainbowBrite5153
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tmfp
Legendary
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Activity: 1932
Merit: 1737
"Common rogue from Russia with a bare ass."
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January 29, 2020, 05:34:33 PM |
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Crosspost from here.Elastic, yes. Stable, no. Asset, lolol. Apparently, this is a bull flag... The reason people are dumping is simple... they're reading this chat, watching you all scared and they know they'll be able to get you to panic sell and get filled lower... Just as well that they're all professional investors then..... Anyhow, good to see the lemonade stall boss Kalen has been so hard at work for the last four days, it's almost as if he's disappeared.
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Extraordinary Claims require Extraordinary Evidence
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tmfp
Legendary
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Activity: 1932
Merit: 1737
"Common rogue from Russia with a bare ass."
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January 29, 2020, 08:51:17 PM |
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I haven't checked the rest of the WP, reportedly there are more copy/pasted content from other sources. I think there is no need to give more evidence, above is more than enough.
Indeed. Apparently Kalen Dangerfield (the CEO of the non existent United Trust co, "the American made and regulated, fully transparent and registered to the US government company" that operates TrustUSD) has run off with the proceeds of his nice little Pump and Dump is taking extended time out from communicating with his sect-like Telegram followers, in order to write a 'Brand New White Paper'. Maybe he's bought some text spinner software.
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Extraordinary Claims require Extraordinary Evidence
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notblox1 (OP)
Legendary
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Activity: 2058
Merit: 1264
Logo Designer ⛨ BSFL Division1
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January 30, 2020, 01:28:58 AM |
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Supplying an additional plagiarism report on top of the accusations listed above. @notblox1, please update the original post and topic title with this new information.
Thank you for posting additional information!
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tmfp
Legendary
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Activity: 1932
Merit: 1737
"Common rogue from Russia with a bare ass."
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February 26, 2020, 11:07:54 AM |
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I haven't checked the rest of the WP, reportedly there are more copy/pasted content from other sources. I think there is no need to give more evidence, above is more than enough.
Indeed. Apparently Kalen Dangerfield (the CEO of the non existent United Trust co, "the American made and regulated, fully transparent and registered to the US government company" that operates TrustUSD) has run off with the proceeds of his nice little Pump and Dump is taking extended time out from communicating with his sect-like Telegram followers, in order to write a 'Brand New White Paper'. Maybe he's bought some text spinner software. Just a quick update on this "stablcoin's" progress. No "Supply Adjustment" information for a month. No new whitepaper. (Still haggling on MechTurk?) The price is languishing around 10 sats and Dangerfield's absence (nearly a month) has been explained by the death of his grandmother. He is too grief sticken to update or post anything for his dwindling band of bagholders, but strong enough to retweet MAGA crap on his Twitter feed. He's left our MAYA pumping YouTube "analyst" in charge of the depressed TG group, who has established that it couldn't possibly be an exit scam because bagholders still have 40% of the worthless token issue. I suppose that makes sense to somebody. Brings to mind the old poker quote "If you can't see who the sucker is, then it's you."
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Extraordinary Claims require Extraordinary Evidence
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notblox1 (OP)
Legendary
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Activity: 2058
Merit: 1264
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February 27, 2020, 01:27:20 PM |
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They are also not in Telegram and some guy @BrendanViehman is in charge there now.
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tmfp
Legendary
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Activity: 1932
Merit: 1737
"Common rogue from Russia with a bare ass."
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February 27, 2020, 02:37:55 PM |
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They are also not in Telegram and some guy @BrendanViehman is in charge there now.
On the subject of Mr. Viehman. He, along with others in this scheme, was/is also involved in the MAPR/U.K.Financial/DFS scam. One thing about this MAYA crap that mildly interested me was the role of The Crypto Analyst in their pretty basic PR approach. Apart from various prnewswire type press releases, Dahlke never used much in the way of third party shilling for his scam (apart from clumsy occasional alt accounts), except for the You Tube channel of The Crypto Analyst. There's nothing special about the other vids released there, pretty basic and inaccurate pseudo TA droned out like on many other worthless channels, but what TCA did also do was continually shill any U.K. Financial scheme going, MAPR, MAYA, DFS etc. It had minimal views and zero value, but I wondered where it fitted into the overall narrative. "The Crypto Analyst" is Brendan Viehman a know nothing kid who claims, like all know nothing kids, to be an experienced blockchain and cryptocurrency consultant that has worked with the field since 2011 where I began my journey. . From looking at him, in 2011 he would have been about nine. Anyway, nothing special, just another chancer in a crypto world full of them, but.... So, what is a short description of Maya Preferred? Let's go with "A pretend stablecoin listed on Saturn and Catex: minimal, low quality trading and no reason to exist other than P&D." Now let's look at Viehman's Linkedin again I have worked with numerous companies and projects such as TrustUSD (TRUSD) Maya Preferred 223 (MAPR), Digital Fantasy Sports (DFS) TrustUSD?So, what is a short description of TrustUSD? "A pretend stablecoin listed on Saturn and Catex: minimal, low quality trading and no reason to exist other than P&D." TBC...
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Extraordinary Claims require Extraordinary Evidence
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