Topic: DIBBIT - GREAT SCAM HOSTED BY BITTREX. SAME GRID DEV MADE NEXT MONEY MACHINE (Read 3021 times)

What will you do if you find out some of the coins have real business models that succeed?

When I first studied to be a broker in the early 90's it was the same deal with penny stocks...death spiral toilet flushes that diluted the company by issuing shares and dumping them on unsuspecting newbies!
Then came the Raging Bull website in the late 90's with scammers and wolfs in sheeps clothing. SEC did nothing while 100's of millions of dollars funneled into the hands of boiler rooms like Stratton Oakmont!

Nothing has changed and as long as you have greed and free enterprise it never will...

Do I create threads about things being scams without any hard evidence? No

So who's the scammer now?

thank you for the warning
its very hard to trust these days because there are lots of scams happening

Just my post from DIBS thread and probably you'll understand what was said above:


Actually I don't understand, why trades need actual coin. Let's Bittrex or whateverex announce new virtual asset ICO to trade with.

Traders won't even see difference. Isn't it good idea?

Each week new virtual asset for pump and dump. No need for wallet development, deposits, withdrawals, announcement thread, website. No need for fud. Everyone is happy, except loosers as usual in trades.

In last days I have seen many comments from supporters of current crypto scene.

Crypto money technology doesn't need development at all, if everything is just trade game related.

Why bother with coding?  

If you advice to ignore the threads like this, you are scammer. People new to altcoins should be warned about such volatility DIBS had.

I didn't trade with DIBS at all even single DIBS I didn't buy, therefore this thread wasn't started to suppress the price and shake DIBS market. I just wanted to inform and if you blame me being a scammer, look at yourself.

Lets see.. Litecoin was pumped to a humble 0.16 btc in price. Do you honestly think that it was any different from Bitcoin?

The sad fact is, every single market has dislocations of price as it facilitates the transfer of wealth. I suppose everybody thinks that the rise of bitcoin / litecoin and its subsequent demise was due to what? The loss of interest ?

Without a centralisation model, a low inflation asset that has extremely uneven distribution will give rise to mispricing. The bitcoin community has only grown, the businesses the merchants, and its exposure. So much positive news and yet, the price continues to fall. From a technical perspective, Bitcoin utility has risen more than five fold since its all time high and yet the price continues to drop. You really should wake up to reality and stop acting like a fool and see everything for what it really is.

Like what someone else said in the thread, don't hate the player, hate the game.

Since the conception of tradable assets, the goal was always to take the wealth from the 99% to the 1%.

If you've ever told anyone to buy a coin for whatever reason, then you are already worse than the projects you claim to be scams.

If you are clever, then you will think about what I've just said, and let that resonate deep within you. You will one day have a hallelujah moment and finally understand the world you live in, and the markets you participate in.

I blame obama!

don't blame bittrex, it's the dumb greedy morons who keep buy into the scam should be blame
they should learn their lesson, or will never learn their lesson
all scam coins are never cheap, it all worthless
copy/paste wallet only take a few hours

Kids, if your new to altcoins ignore a thread like this

It's just

a) bait

and

b) created by a scammer himself

(the coins themselves i have no opinions on)

----> and this is aimed directly @ you brightlight

i have told you all again and again about this

Maybe Ryan Pumper is a developer

Do you ever wonder what scammers spend the money on? I mean, do they need the money for rent, bills, etc? Are they reliant on a successful scam for livelihood, or is it just extra cash to fund midget tossing events?

For anyone that's interested in a scam free crypto, I encourage you to learn more at www.litecoin.com

BobDIBSplus!

It's unbelievable that traders still funds scammers.

So, let's discuss here about next scammers child.

Which coin will it be? Should we revise already announced ICO coins?

I think you are right to an extent about the regulations, but the powers that be can only touch sooo many countries in the world... still,

Empathy is the mind killer. if we all become complacent and do not raise objections, there is no real hope of controlling this scourge.  Scams are not new here, but what is would be the diminishing concern of the scene as a whole and the very obvious fading away of the 'old guard' of scam screamers. Shit, I hate to say it but I almost miss spoetnik

And now DIBshits dev showed up claiming that they are working on platform and marketing. Naive folks will scream how exciting and bla bla bla it is, what a great dev and so on.

He didn't delete any of my posts from yesterday. I would ask why?

Because he changed his strategy to fool naives. Now he is pretending a hard working group. I see RayanPoop behind this. Probably others, but this doesn't change the nature of the scamy DIBS background.

I'll mention once again. There is coin with auction and shop software developed already. Why this coin is so low in price that market cap is under 10k USD? Why DIBS with nothing than promises is so high in price. This is bubble blown by pumpers and they try to catch you, suck your BTCs into their nasty pockets.

Scams are bad for cryptos and Bitcoin itself. I could care less if I miss maybe profits in some scam coin, but I don't like the scams harming Bitcoin and Alts and burning new investors. I also think it is lazy to just say it will always happen, no, eventually we will have a shit ton of regulation to protect people since we can't self regulate and act like adults.

I also got a post deleted which I thought was just telling people to trade with caution based on the indicators and common sense. If something is too good to be true, it is too good to be true.

When a coin price goes up like this for no reason, by a newbie dev with little project information available, traders should take extra caution and be careful for when the buy order bases are loaded. There are no fundamentals that support this price increase. Just trade with caution at these levels and don't let your judgement be clouded by greed and get caught with a high buy order and a sudden large price correction wipes out all the buy orders. Statistically in alt-coins so far, when the price correction happens, chances are slim for the price to reach pre-correction levels.

Very sad and disgusting really

This fucking unusualfacts30 sockpuppet must be one of Bob's shill accounts. This wanker unusualfacts30 nick is involved with all scams on Bitcointalk. This nick was the most active in the legendary Bitbay scam and basically active in every coins where people get scammed.

Low life scumbag really.