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Author Topic: Grayscale trust update rumor  (Read 106 times)
Little Mouse (OP)
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January 22, 2021, 04:53:40 PM
 #1

https://twitter.com/AcolyteCrypto/status/1352644092472115202?s=19
Just have came across this tweet. Can anyone tell me this is true or just a rumor made by group of people to hype some coin? I can see some shit token is there which makes no sense to be there at all. Can anyone?

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January 22, 2021, 04:59:43 PM
 #2

Did they retweet the tweet?
Or did they have an official tweet from their twitter?

Do they have any update in their website or any other official social handle they have? Check their official updates if nothing there about it then possibly it's a News (fake).

You can try their customer service too.



If this is the Twitter account who posted the image then this is just a tweet from a random Twitter account. I would not give any credibility to this Twitter account.

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January 22, 2021, 06:59:42 PM
 #3

Go to the official website and look yourself






The coins in the tweet are not trusts on Grayscale so it's fake.





If you wanna learn more about trusts and how they work on Grayscale, you can check out my GBTC blog: https://forrestvisions.com/blog/difference-between-gbtc-and-btc/





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January 22, 2021, 08:12:38 PM
 #4

Yes:
https://www.coindesk.com/grayscale-may-have-laid-groundwork-for-5-more-potential-crypto-trusts

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January 22, 2021, 09:02:39 PM
 #5

https://twitter.com/AcolyteCrypto/status/1352644092472115202?s=19
Just have came across this tweet. Can anyone tell me this is true or just a rumor made by group of people to hype some coin? I can see some shit token is there which makes no sense to be there at all. Can anyone?
Grayscale is a massive fund manager and obviously their investments and interest into digital assets has got huge coverage and many people are very excited about it so definitely there will be people that will try to take advantage of this situation and this tweet seems exactly the same.

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January 22, 2021, 09:52:52 PM
 #6

I can say that the $LINK rumors won't be rumors but real news soon. That's what I believe. It has nice volume and liquidity and also made a new ATH. The only thing that concerns me is if ChainLink is the next ICO that will be targeted by SEC after XRP.
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January 22, 2021, 10:37:31 PM
 #7

https://twitter.com/AcolyteCrypto/status/1352644092472115202?s=19
Just have came across this tweet. Can anyone tell me this is true or just a rumor made by group of people to hype some coin? I can see some shit token is there which makes no sense to be there at all. Can anyone?
Grayscale is a massive fund manager and obviously their investments and interest into digital assets has got huge coverage and many people are very excited about it so definitely there will be people that will try to take advantage of this situation and this tweet seems exactly the same.

Just trust official websites like checking their actual one posted by TimtheYoutuber -

Go to the official website and look yourself

The coins in the tweet are not trusts on Grayscale so it's fake.

If you wanna learn more about trusts and how they work on Grayscale, you can check out my GBTC blog: https://forrestvisions.com/blog/difference-between-gbtc-and-btc/



The list from the twitter is ridiculous. For sure, there are scammers on the loose trying to take advantage of the situation. Because some users will not check the official site and will rely on social media to buy particular coins or tokens.
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January 22, 2021, 11:11:14 PM
 #8

https://twitter.com/AcolyteCrypto/status/1352644092472115202?s=19
Just have came across this tweet. Can anyone tell me this is true or just a rumor made by group of people to hype some coin? I can see some shit token is there which makes no sense to be there at all. Can anyone?
I don't trust that twitter account to be honest, so I won't give any credibility to that. For sure Grayscale is a very intelligent trust fund and wouldn't just invest on such shitcoin. This tweet is probably to shill for one of those shitcoin in the list.

But thanks for this post, at least we know that someone out there are still creating a lot of fake and unsubstantiated post to create hype, very scammy and fraudulent practice here in crypto space.

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January 23, 2021, 04:39:11 AM
 #9

On one hand, it could be just an attempt by that crypto twitter account to pump his bags. On the other hand, it could be a rumor until Grayscale makes it official after filling their bags. They are a big name in crypto now and anything they say they would buy could pump. It's be wise for them to buy first before announcing it.

....The only thing that concerns me is if ChainLink is the next ICO that will be targeted by SEC after XRP.
Chainlink ICO wasn't open for US investors so SEC can't target them.

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January 23, 2021, 08:41:16 AM
 #10

Social media is very dangerous nowadays. Many malicious people aim for fraud. Grayscale is a huge platform and they don't do business with small news like that. We must not believe every rumor and we must investigate for the truthfulness of every news. This way we protect ourselves from wrong decisions..

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January 23, 2021, 09:04:37 AM
 #11

It looks fake indeed, the person responsible for that tweet might have thought that it will pump the follow coins in the greyscale list, he or she or they may be holding big bags of those altcoins in their portfolio, people are desperate this days

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January 23, 2021, 01:24:02 PM
 #12

While it’s true that verifying from authentic source is the best approach but also I have received notification from Kucoin yesterday that Grayscale have added this but not yet confirmed. This will be something interesting where on their next week update we will see these or not.


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January 23, 2021, 02:33:30 PM
 #13

I have received notification from Kucoin yesterday that Grayscale have added this but not yet confirmed.
Quote
The filings were not made by Grayscale itself, but by Delaware Trust Company, which is listed as the firm's "statutory trustee" for the U.S. state in Grayscale documentation.
I do not see any reason not to understand this simple statement.
Quote
The filings were not made by Grayscale itself, but by Delaware Trust Company,
This means this has not come from their company. There is nothing hard to understand.


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"Grayscale is always looking for opportunities to offer products that meet investor demands. Occasionally, we will make reservation filings, though a filing does not mean we will bring a product to market. Grayscale has and will continue to announce when new products are made available to investors," the company told CoinDesk via email.
Every investment firm will look for investment opportunity but that does not mean that they will get into anything they see or talk about. The response seems very standard practice in the corporate world. You deny nothing accept nothing.

My conclusion is that this is a rumor and we are overhyping the rumor.


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January 25, 2021, 03:11:34 PM
 #14

Here's this week update from Grayscale. This was a total rumor, nothing else. As expected, XRP Trust is not anymore there- https://twitter.com/Grayscale/status/1352733982497120257?s=19
Case closed.
Thread closed.

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