Topic: Oyster Pearl just scammed us - page 3. (Read 6623 times)

Before I dispel all the FUD, this person is impersonating me, or it's a massive coincidence. My name is Jullz, as most of you will know from the Oyster Community.

Where to start? Do I dispel the FUD first or prove you aren't me? Think I'll dispel the FUD first.

The first false claim you made was "Oyster Pearl dev team just dumped 700k PRL and then informed everyone about a delay in the airdrop". This is simply untrue.

Yes, 700k PRL was moved from the Oyster main wallet to Kucoin as shown here -https://etherscan.io/tx/0xea4f19d47b040d8d1f760bac77857971e4dc9fe5f4f696cf2a8e11c788c64413

If you follow the trail, the 700k came from the main Oyster wallet, through a few other Dev wallets and finally to Kucoin. However, to claim that they have sold all 700k already is a lie. The volume on Kucoin simply isn't enough for the team to dump 700k in one go, look at the buy orders. It's impossible.

In addition to this, we was all aware and told a few months in advance that the team were planning to move funds on a quarterly basis to support the development of the project, pay exchanges and pay the developers. This obviously involves selling PRL in order to do this - this isn't a charity, operations and labour cost money. The timing was unfortunate, but the team only found out that Kucoin wanted to move the airdrop to the 17th a few hours after & the team told us immediately and as you can see, there were always plans to sell on April 1st/2nd. Here is the medium article from the CFO explaining this. https://medium.com/oysterprotocol/oyster-pearl-team-update-4-f2cc22eca1a7

One last thing to remember is this, The ICO was simply heavily underfunded and only raised $75k. Nothing compared to many ICO's which have raised millions and are less than half the project of Oyster. So it's obvious that the selling of PRL is needed in order to fund the project. Oyster is honestly one of the most transparent projects in Crypto, amazing professional team. I'm not just saying this, as most of you know I've clashed a lot with Bruno the CEO, yet I still see the massive potential of the project.

The second false claim you made was that "they are also attempting to deny it, however the blockchain doesn't lie" This was also not the case, just a misunderstanding.

Bill, who is apart of the Oyster team was one of the first on the scene and genuinely didn't know what was going on. He didn't lie, he obviously just didn't get memo as of that moment and if you've been apart of the community for a while, you would know that Bill is one of the most liked and charismatic members of the Oyster Team.


Now, I was thinking it was going to be hard to prove you were not me but in fact, just looking at your post history, turns out it could be a coincidence. Your name is "Jules Johnson", you have links to a twitter and telegram account. You've been posting on Bitcointalk for like a year, but as some of you may know in the Oyster community - Jullz wasn't the first name I had, it was simply "crypto". You haven't claimed to be me to be fair, so yeah, although everyone thinks you are lmao.

TL;DR stop with the bullshit fud.

I will be creating a thread shortly, dispelling the fud and then talking about some positives of Oyster and why current price doesn't matter and how it's easily one of the best investments in crypto at the moment.


Jullz

P.S. I have never used Bitcointalk, this is my first post.

Haha if someone tries to educate the ppl against FUDDERS they'll get labelled some so and so...
And coming to shilling that is not shilling mr. Sharing the information to the holders who are not always up to date with the latest news. BTW who cares whether someone is listening or not all i am doing is just educating few ppl from some fudders who make non sense claims.

I'm worried about what happens when BTC retests 6k and the airdrop hype is over. Esp now that 64 GB peg has been confirmed for launch.  That was the lowest possible peg they said they would go.  Anyone buying now is taking a big risk short term.  Look at EBTC to see what happens after an airdrop on Kucoin. 

They're already people in the telegram chat asking about the block height and trying to figure out how soon they can dump.

I may pick up some pearl in the 5k satoshi range where it was right at the airdrop announcement. 

Feels like they rushed out the Kucoin announcement and blew their load.   

Packers1985 that's your 21st message in this thread.  Do you work for Oyster Pearl?

Remember Karma.  If people have been listening to you in the last 24 hrs they took a bath while Bitcoin is rising.  

Looks like you been shilling for a while. 
https://bitcointalksearch.org/topic/oyster-pearl-prlcoin-burn-on-march-1st-2871053

Agreed there are always supporters and opponents for any coin. But why all of a sudden these opponents rose from the dead ,when the team already said that they would move the coins quarterly and slowly sell.

First all of this ico hardly made 200 ETHS so the dev had to sell 5 million tokens at 6-9 cents price range to fund the initial two months. In the early feb the team published a detailed post on how they would sell the coins quarterly for operations etc etc and genuine holders are aware of it. It is just the day traders who heard this airdrop came to the picture just to flip got burned because they didnt knew that what this quarter is going to bring them.
 
So now they started this conspiracy theory. Anyhow goodluck boys karma is a b***h it never leaves a wrong doer

Thanks for the detailed post, a lot of useful information. There will always be supporters and opponents of the project. Bruno flatterers himself when he says that they are deliberately inducing trouble to buy a token cheaper.What's good in oyster?

blablabla you won't get me to sell my pearls, loser!  

I just dumped my Oyster.  Bruno Block appears to be inept especially in the PR department.

This article he put out shows he is not ready to lead anything.  What a disaster.  He would have been better off not saying anything.  He provided 0 proof.  Just accusations.  How would he know the trades that others completed?  Does he have insider information form Kucoin about our accounts?   He is grasping at straws trying to blame anyone but himself.

https://medium.com/oysterprotocol/changes-to-community-operation-e8081837e44a

I mean really?  What investor is going to drop serious money on a project with nonsense like this coming out.  He needs to let the PR firm handle things.  This guy must be inexperienced or completely out of control to respond like this with investors money at stake.  I can see Bill Gates now putting out a press release because someone spread fud on a yahoo board.  Big boys ignore it.  Or prove the allegations are false with concrete evidence.  

He has yet to respond to the 700k and how much has been sold thus far.  Why not start there?  How about emails with date time stamps to prove he was not selling while he knew communications were going bad with Kucoin.

Unfortunately this is very true in this crypto world. This can happen to any coin, so its our duty as an investor to do some research on what's right and what's not than drawing conclusions based on few random posts.

Some random guy on the internet calls scam and the price drops lmao.

The team did mention that they thought it's in place because of their earlier discussions with the kucoin support.
Anyhow it's up to you mate.

My request to most of you guys. Just dont draw conclusions based on few random posts, if you have issues or concerns discuss with the team and/OR do some research. Dont invest if you are not satisfied it's as simple as that.

Kucoin sucking is all well and good but it does not negate the dev/admin telling people that the airdrop was all good, while selling, when it was not. 

Also check about issues with the kucoin some other coins faced
https://medium.com/verifyas/our-kucoin-listing-nightmare-and-why-its-the-last-place-you-should-list-3af019e4e7f6

The hell did not break loose because of the 700k (out of a 6.7 million they put in circulation) that moved to Kucoin.  The hell broke loose because they had been telling us everything was fine with Kucoin when it obviously was not.  Furthermore they were selling Pearls on the open market while telling the individuals in telegram Kucoin was 99% a done deal when it was not.  This is illegal in a normal investing arena.

There was nothing than plain accusations. The team released a medium post in early feb that they would move the dev funds every quarter and slowly release that into the total circulation and april first was the start of the new quarter and they moved the funds.
The hell broke loose

These were the two recent posts from the team
https://www.reddit.com/r/Oyster/comments/895bm2/clarification_on_snapshot_movement_and_dev_funds/
https://medium.com/oysterprotocol/changes-to-community-operation-e8081837e44a

THis is where you'll find all the information in the medium post .

https://medium.com/oysterprotocol/latest

Also check about issues with the kucoin some other coins faced
https://medium.com/verifyas/our-kucoin-listing-nightmare-and-why-its-the-last-place-you-should-list-3af019e4e7f6

Is there official information about what is confirmed by the fact of their fraud? Describe the situation in more detail. Thank you.

Exactly, you should clarify your concerns before investing rather than just following this shilling or fudding posts on bitcointalk or reddit etc etc.

They are literally calling every person that does not support them an identity of this John Snow guy.  Problem is there is no proof of any of these accusations.  The only proof is the original guy who got blamed for this coordinated attack giving praise to the project and supporting it.  

Everyone should go to the telegram and ask hard questions before investing.  See how it goes.  

Dude what a joke man they already burned 10 mill of dev possesions in march you can go check it in the blockchain.
The team did mention in a medium post in early feb that every quarter they will be releasing some percentage of their dev wallet tokens for operations. So yesterday was the first of new quarter.

Come on buddy i hope you do you research about the previous events and posts and then post your concern.