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Topic: [ANN] WaltonChain WTC - page 58. (Read 151038 times)

sr. member
Activity: 476
Merit: 250
October 02, 2017, 11:36:32 AM
Hello. What's going on why this coin grows so well? What good news?
That's great. I'm amazed over the WTC last couple of weeks reaction, it's growing and growing. Not buying WTC at $1 is one of the biggest regrets of my life!
full member
Activity: 224
Merit: 100
crypto revolution
October 02, 2017, 07:10:42 AM
I have also contacted SeptWolves to see if they have (a) worked with WTC, and (b) if they know a Xu Fang.
member
Activity: 139
Merit: 11
October 02, 2017, 05:05:02 AM
So I was searching whole day for someone to explain me WHY there are 42% of total WTC supply in devs hands. I was deleted from reddit directly with no explanation even though I wasn't rude or made any offense there. Still have no answer from anyone.  Do you guys realize how dangerous it can be when devs have so much coins?

Probably as dangerous as you?

Yeah. Thank you for the answer, that explained a lot.
newbie
Activity: 54
Merit: 0
October 02, 2017, 04:27:27 AM
So I was searching whole day for someone to explain me WHY there are 42% of total WTC supply in devs hands. I was deleted from reddit directly with no explanation even though I wasn't rude or made any offense there. Still have no answer from anyone.  Do you guys realize how dangerous it can be when devs have so much coins?

Probably as dangerous as you?
newbie
Activity: 9
Merit: 0
October 02, 2017, 04:18:13 AM
I've gone into more detail in another post.

In summary: poorly designed website, copy and paste mistakes in the white paper, unable verify the team, cannot verify their claims about contracts and Chinese government support, no evidence of work/productivity (github), controlling too many coins, fake news stories, unconvincing "team" photos and videos (the CEO comes across as a budget actor struggling to read a cue card - you can see the shadow of the cue card), hired a privacy service (associated with numerous scams) to hide the domain registration details, aggressive shills that boot people from Slack & Reddit for asking reasonable questions, pressure tactics (buy more for a master node before it's too late [or we do a runner]), obviously paid shills on twitter and Reddit (hype comments with little substance) etc.

Nothing about it feels right.

I've probably spent far too much time talking about these things.

I strongly suspect that Walton Chain is a scam.

At best, as you say, a very amateurish team and, in my opinion, recklessly hyping and overpromising.

Would a team of experienced individuals, including a form VP of Samsung, be this amatuer?

Either way, I'd be very surprised if a product materialises.

$180,000,000 market cap with no product, no tangible evidence of work and many unsubstantiated claims.

The shills are hyping and talking about a market cap of $1billion this year.

I feel I have a duty to express my concern.

Quote
Jin Xiji (chinese name) / Kim Suk-Ki (korean name), the chief scientist for WaltonChain:
Patents: https://www.google.sr/search?tbo=p&tbm=pts&hl=en&q=ininventor:%22%E9%87%91%E9%94%A1%E5%9F%BA%22&gws_rd=ssl
Mentioned in ETRI journal: https://i.imgur.com/Uq2kvIR.png : http://[Suspicious link removed]/ZRbuHY
More confirmation of his credentials through visionkorea: http://www.visionkorea.com/will/pol/inmuldetailinfo.asp?checkpost=checkpost2015&mfldname=will&prm1name=id&prm1value=13728&prm2name=&prm2value=&jcd=2013&cid=915&partcid=&menuno=3&submenuno=4&page=&memcheck=1234567vs&PHONE_NUMBER=&apgugun=&aprange=&tablename=%C1%A4%C4%A1%C0%CE%B9%B0%C1%A4%BA%B81#가족관계
Here, he is the Chief Scientist for Silicon Group (who won the Jin Jiang competition), and who sponsors Walton Chain: http://www.xmsilicon.com
Looking around on that site, it looks like they pretty much ARE WaltonChain. Mo Bing and Chen Zhangrong are also directors there: http://www.xmsilicon.com/col.jsp?id=130
On this page, the picture of the office looks to be the same one in the WaltonChain tour video, which further substantiates WaltonChain's link to Silicon Group: http://www.xmsilicon.com/col.jsp?id=104
Or how about Chen Zhangrong, who you're labeling "budget actor"? An article on him when he was (or still is) president of Tianyu International Group, Co. Ltd.: http://news.china-ef.com/471356.html
There are also countless news articles about the Walton team & their partnerships:
https://kknews.cc/tech/z3r55ep.html
Here is one about their cooperation with Septwolves: http://tech.china.com/article/20170824/2017082452565.html
http://www.jcjcs.com/news/2017122.html
http://blog.sina.cn/dpool/blog/s/blog_1762e50170102xb44.html?type=-1
http://tech.china.com/article/20170826/2017082652997.html?qq-pf-to=pcqq.c2c
http://tech.china.com/article/20170823/2017082352011.html
http://district.ce.cn/newarea/qyzx/201706/19/t20170619_23708580.shtml
and there's likely much more that I missed over.
Mate, their credentials are definitely legitimate.

Thanks to user areesseye on Reddit!

https://www.reddit.com/r/waltonchain/comments/73rfho/just_went_to_bitcointalk_to_see_what_the_thoughts/


newbie
Activity: 36
Merit: 0
October 02, 2017, 03:36:04 AM
WaltonChain looks amazing! I have only found this and a bit of information on other discussion channels though. Has anyone found any official channel aside from their Twitter that would back up their project aside from the photos and the team they have?
newbie
Activity: 2
Merit: 0
October 02, 2017, 03:29:29 AM
The coin is rising too fast.  Undecided
I am really not sure what to expect from it. It sounds too good to be true, and usually, we all know how that ends.
I bought in, then I sold out cause I chicken out. Now I am wondering should I buy again, but the way the coin is rising, it will be 50USD by the end of the October, and I do not think thats possible.


sr. member
Activity: 616
Merit: 251
October 02, 2017, 03:26:33 AM
Hello. What's going on why this coin grows so well? What good news?

Because they recently won a competition in China, which will allow them to massproduce their RFID chips. Before october is over they'll be at 12$

Also if whitepaper stuff is not fake and only for pump stuff, that could be helpful in price increase..
sr. member
Activity: 490
Merit: 251
Revolutionizing Brokerage of Personal Data
October 02, 2017, 02:41:52 AM
Hello. What's going on why this coin grows so well? What good news?
full member
Activity: 224
Merit: 100
crypto revolution
October 02, 2017, 12:34:11 AM
I've gone into more detail in another post.

In summary: poorly designed website, copy and paste mistakes in the white paper, unable verify the team, cannot verify their claims about contracts and Chinese government support, no evidence of work/productivity (github), controlling too many coins, fake news stories, unconvincing "team" photos and videos (the CEO comes across as a budget actor struggling to read a cue card - you can see the shadow of the cue card), hired a privacy service (associated with numerous scams) to hide the domain registration details, aggressive shills that boot people from Slack & Reddit for asking reasonable questions, pressure tactics (buy more for a master node before it's too late [or we do a runner]), obviously paid shills on twitter and Reddit (hype comments with little substance) etc.

Nothing about it feels right.

I've probably spent far too much time talking about these things.

I strongly suspect that Walton Chain is a scam.

At best, as you say, a very amateurish team and, in my opinion, recklessly hyping and overpromising.

Would a team of experienced individuals, including a form VP of Samsung, be this amatuer?

Either way, I'd be very surprised if a product materialises.

$180,000,000 market cap with no product, no tangible evidence of work and many unsubstantiated claims.

The shills are hyping and talking about a market cap of $1billion this year.

I feel I have a duty to express my concern.

Can you please tell the name of privacy service they hired for hide domain info? Thank you.

Nexperian Holdings

It's worth googling "Nexperian Holdings" AND "WIPO"

Also "bitcoin seoul" AND "scam" < the man has a history.

full member
Activity: 378
Merit: 102
October 01, 2017, 10:17:38 PM
When i click their website, there is a pop-up announcement window saying with the Chinese government policy around ICO, all coins has been canceled and all investors have been refunded, blah blah blah...

So my question is if all coins been taken back and all investors are refunded, what are people trading now - coins? Then where did they get all these coins since all coins have been taken off the market?? Huh Huh am i missing anything? Huh

From the google translate, they are referring to people who bought the coins from China. Not everyone.

"Walton chain users in China tokens back to work has been completed."

'
WTC have completed the refund round to investors who requested it.
sr. member
Activity: 686
Merit: 251
I'm investigating Crypto Projects
October 01, 2017, 06:38:28 PM
Can someone explain to me how this is going to work in the real world? (in plain English).
newbie
Activity: 2
Merit: 0
October 01, 2017, 05:23:07 PM
When i click their website, there is a pop-up announcement window saying with the Chinese government policy around ICO, all coins has been canceled and all investors have been refunded, blah blah blah...

So my question is if all coins been taken back and all investors are refunded, what are people trading now - coins? Then where did they get all these coins since all coins have been taken off the market?? Huh Huh am i missing anything? Huh

From the google translate, they are referring to people who bought the coins from China. Not everyone.

"Walton chain users in China tokens back to work has been completed."
newbie
Activity: 32
Merit: 0
October 01, 2017, 05:20:28 PM
When i click their website, there is a pop-up announcement window saying with the Chinese government policy around ICO, all coins has been canceled and all investors have been refunded, blah blah blah...

So my question is if all coins been taken back and all investors are refunded, what are people trading now - coins? Then where did they get all these coins since all coins have been taken off the market?? Huh Huh am i missing anything? Huh
member
Activity: 139
Merit: 11
October 01, 2017, 05:03:47 PM
I've gone into more detail in another post.

In summary: poorly designed website, copy and paste mistakes in the white paper, unable verify the team, cannot verify their claims about contracts and Chinese government support, no evidence of work/productivity (github), controlling too many coins, fake news stories, unconvincing "team" photos and videos (the CEO comes across as a budget actor struggling to read a cue card - you can see the shadow of the cue card), hired a privacy service (associated with numerous scams) to hide the domain registration details, aggressive shills that boot people from Slack & Reddit for asking reasonable questions, pressure tactics (buy more for a master node before it's too late [or we do a runner]), obviously paid shills on twitter and Reddit (hype comments with little substance) etc.

Nothing about it feels right.

I've probably spent far too much time talking about these things.

I strongly suspect that Walton Chain is a scam.

At best, as you say, a very amateurish team and, in my opinion, recklessly hyping and overpromising.

Would a team of experienced individuals, including a form VP of Samsung, be this amatuer?

Either way, I'd be very surprised if a product materialises.

$180,000,000 market cap with no product, no tangible evidence of work and many unsubstantiated claims.

The shills are hyping and talking about a market cap of $1billion this year.

I feel I have a duty to express my concern.

Can you please tell the name of privacy service they hired for hide domain info? Thank you.
sr. member
Activity: 644
Merit: 252
IMUSIFY - Award Winning Blockchain Music Tech
October 01, 2017, 04:42:14 PM
I've gone into more detail in another post.

In summary: poorly designed website, copy and paste mistakes in the white paper, unable verify the team, cannot verify their claims about contracts and Chinese government support, no evidence of work/productivity (github), controlling too many coins, fake news stories, unconvincing "team" photos and videos (the CEO comes across as a budget actor struggling to read a cue card - you can see the shadow of the cue card), hired a privacy service (associated with numerous scams) to hide the domain registration details, aggressive shills that boot people from Slack & Reddit for asking reasonable questions, pressure tactics (buy more for a master node before it's too late [or we do a runner]), obviously paid shills on twitter and Reddit (hype comments with little substance) etc.

Nothing about it feels right.

I've probably spent far too much time talking about these things.

I strongly suspect that Walton Chain is a scam.

At best, as you say, a very amateurish team and, in my opinion, recklessly hyping and overpromising.

Would a team of experienced individuals, including a form VP of Samsung, be this amatuer?

Either way, I'd be very surprised if a product materialises.

$180,000,000 market cap with no product, no tangible evidence of work and many unsubstantiated claims.

The shills are hyping and talking about a market cap of $1billion this year.

I feel I have a duty to express my concern.

Thank you for this explanation. It's easy to get caught in the hype and fomo, plus a lot of stories just get repeated over and over again (including by me, I'm afraid) without checking the source. I sold half of my stash so I have my money back and a nice profit, invested it into Sonm. If the WTC team does deliver, I'll make a very nice profit, if they don't and it turns out to be a scam, I don't lose anything.
full member
Activity: 224
Merit: 100
crypto revolution
October 01, 2017, 04:21:33 PM
here's a theory:

full member
Activity: 224
Merit: 100
crypto revolution
October 01, 2017, 03:34:58 PM
I've gone into more detail in another post.

In summary: poorly designed website, copy and paste mistakes in the white paper, unable verify the team, cannot verify their claims about contracts and Chinese government support, no evidence of work/productivity (github), controlling too many coins, fake news stories, unconvincing "team" photos and videos (the CEO comes across as a budget actor struggling to read a cue card - you can see the shadow of the cue card), hired a privacy service (associated with numerous scams) to hide the domain registration details, aggressive shills that boot people from Slack & Reddit for asking reasonable questions, pressure tactics (buy more for a master node before it's too late [or we do a runner]), obviously paid shills on twitter and Reddit (hype comments with little substance) etc.

Nothing about it feels right.

I've probably spent far too much time talking about these things.

I strongly suspect that Walton Chain is a scam.

At best, as you say, a very amateurish team and, in my opinion, recklessly hyping and overpromising.

Would a team of experienced individuals, including a form VP of Samsung, be this amatuer?

Either way, I'd be very surprised if a product materialises.

$180,000,000 market cap with no product, no tangible evidence of work and many unsubstantiated claims.

The shills are hyping and talking about a market cap of $1billion this year.

I feel I have a duty to express my concern.
sr. member
Activity: 644
Merit: 252
IMUSIFY - Award Winning Blockchain Music Tech
October 01, 2017, 02:57:35 PM
Please to hear I've made my point!  Grin

I'm happy with a couple of the ICOs I've invested in.

Don't like the scams as they detract from the genuine projects and give crypto a bad name.

I've been unusually vocal about WTC because, to me, it's comically bad.

Au revoir, a bientot!

Could you explain to me why this is a scam and not just a young startup that's struggling with the enormous hype that has been created? I can see this coin go to 15$ in 2017 easily tbh
member
Activity: 68
Merit: 10
October 01, 2017, 02:51:46 PM
this thing is becoming huge.
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