Well i had the fortunate or unfortunate pleasure of staying up till 2am last night seeing what this webinar was all about..
Basically the entire webinar was scripted, someone had leaked the entire transcript of the webinar 4mins into the start and the entire webinar was scripted word to word even the supposedly Public Q&A this was scripted too, doubt it was live seemed pre-recorded was just too perfect for it to be live.
So obviously the name of the coin was mentioned in the transcript and this is when Ripple started to pump a bit and people jumped into it to try and make a quick buck or so
it was only after 1 hour 7 mins that they got the to part where they mentioned this "Special Coin" so people were expecting it to pump even more..it didn't and fell back down again which begs the question did they really have many people tuning in as they claimed to say?
My Personal thoughts
- The entire webinar was very "Sales oriented" Typical Trying to sell you something - typical video testimonials with some semi retired couple supposedly making a killing in crypto (and looking at the type of people one would wonder whether they would even know what a "Blockchain is" LOL..
- the 1 million BTC giveaway by him was by my course for 2500 bucks and i will give you 200 bucks worth of bitcoin
- There was quite a bit of theory and discussion about crypto which was good and beneficial so learnt quite a bit here
Was it a waste of time? No I dont think so it was for me interesting in seem how they orchestrated this entire thing and of course those that wanted to make a quick buck or two in taking part of pumps probably did benefit it..
Mixed thoughts about this..still i am not convinced!
In the real world of newsletter publishing, hyperbole is the only thing that gets people's attention, sadly. But unlike all the pump and dump groups being run by teenagers & 20-somethings, legitimate businesses have to have everything they say legally vetted as factual.
PBC has a lot of influence because they're they're the first reputable publishing outfit to recommend cryptos and they operate in the real world of legal direct marketing, not some parent's basement and Telegram. So they have a large following of mainstream ignoramuses and a minority of smart crypto investors.
It costs money to record and put on webinars, so of course they're not going to do it for free without upselling a product or services. It's just basic economics. Next time some "Asian Whales" pump and dump group claims "due to excessive demand we are allowing only 10 new members for a one-time $1000+!!!" every couple of days, use your brain. These groups are a dime a dozen and what real investigative research can they possibly do and how can they possibly be held legally accountable? The blind lead the blind.