Topic: [SYS] SYSCOIN [Unofficial] - Due to censorship & secrecy on Official thread. - page 6. (Read 21682 times)

Is it true that Blockmarket Web isn't developed anymore? They should change the headline of the official thread then.
From "Syscoin-Blockmarket 3.0-World 1st Decentralized Marketplace/Masternodes/Assets" to "Syscoin no-one-will-use-this"
Scam!

https://twitter.com/wreathy/status/1040878938019512320

Hi CriptoShulz, thanks for posting 

Exactly. I saw some other posts on the peermountain thread showing the same kind of thing - it's a shambles. This is why I am so concerned about why Syscoin have decided to enter into a partnership with them - even after they've swindled their investors/bountyhunters - it makes no sense at all. What's even more worrying is the fact that Christopher Marsh CFO of Blockchain Foundry told me that he wasn't consulted about this partnership, how can the Chief Financial Officer possibly NOT be consulted about a partnership with another company?! Especially one that can't even organise their own bounty campaign.

Any posts on the Syscoin thread about this or what Blockchain Foundry are up to with Syscoin is immediately deleted, so I'm forced to open this thread & ask questions elsewhere - the Syscoin thread has turned into the BCFN thread with BCF only interested in pushing their own token.

You can just compare what they do in BOUNTY

The old table, look at how many participants in the subscription -

https://docs.google.com/spreadsheets/d/14GCVjprtyXYwpJFoKONHBqMer8xJUi9GD3EtNG8vQR4/edit#gid=1645818558

And this is a new one -
https://docs.google.com/spreadsheets/d/1O_oPfQv3eOSJkJ0i6Or184VOyMHxTy8jpXZ1SMGi1Wc/edit#gid=0
A lot of people are not in the table. Just a hoax.

An effort to get some info on our "partners" on their thread:

Hello wwzsocki & thanks for posting 

Yes, it's really quite shocking what's going on in the official Syscoin thread atm. The reason it looks completely different is because any questions from Syscoin investors about BCF are being censored so heavily - they want it to look like everything is fine & everyone is happy.


I myself have invested in Syscoin & I'm also a masternode operator, so it's disappointing that I am forced to open this thread in order to ask questions about my own investment in an effort to find answers to even the most basic of questions. The ongoing censorship on the Syscoin thread is disturbing to say the least, but can also be treated as a warning of things to come unless Syscoin investors are made aware of what's going on - I hope this thread helps with doing that.

Just can't believe what I see in this thread. When you look on official Syscoin thread everything looks different.

I know Syscoin from start and keep my eye on the price but lately, in this bear market, I stopped to follow closely development. Just checked the official ann thread here on BTT from time to time. In the last few months, I see that the development of Syscoin is going good and there are a lot of updates. Started to wonder about the price but thought that this bad market conditions just having an impact on Syscoin just like any other altcoin which lost 90% of its value in the last few months during the bear run.

But after reading this thread I see that condition of this established company is very bad and there is a big probability that Syscoin is indeed dumped and wrong business decisions are taken only to save the sinking ship. I hope this all is a mistake and there will be finally a good explanation but as for now, I will only further keep looking at Syscoin because is too risky to invest if manipulated so heavily.

Thanks & done.

I'm actually undecided atm.

Edit: @blurry - would you mind deleting your post about the shill - I'd like to keep this thread tidy & on-topic.

Thanks.

@zauberer:

Please refrain from posting here anymore. Any future posts from you will be deleted.


This thread is for members who have had their posts deleted from the Syscoin thread, which you obviously haven't.

Please keep your shilling to your own Censored Syscoin thread. Any future posts from either of your accounts will be reported to moderators.

Thanks.

Do you believe him? I mean, reading through his totally useless answer, he seems pretty clueless as to what's going on - either that or he's trying very hard to hide it.

Quoted from Syscoin censorship thread for posterity:


Just in case.....

More posts from scammed bountyhunters on our "Partners" Peermountain thread:


BCF still dumping their Syscoins - down another 18%.....

I know who techo051 claims to be, as he told me via PM. However, after receiving a response to some questions I put to him 5 days ago I feel I should post the conversation here in the interests of transparency - something that seems to be severely lacking at BCF/SYS.

The posts are in sent/recieved order, the first being the initial PM I got from techo05:


My reply:


Reply from techo051:


So, techo051 confirms that he is Christopher Marsh CFO of Blockchain Foundry & that he owns & uses the account techo051 on BCT.

After 5 days, this is the response I got from him via PM regarding the basic questions I asked in my PM above:


As can be seen by this response, Christoper Marsh fails to answer a single question, choosing instead to send me the type of marketing dribble one sees on medium every day.

My reply:


So, Christopher Marsh CFO of Blockchain Foundry is given the the perfect oportunity to talk to his investors & explain their actions - & this is the best he can come up with after 5 days of deliberation?  Let's break down that reply of his a little bit:


So, while looking through their thread you failed to notice that they don't even have & never have had an official presence there at all, or that the thread has been abandoned for some time, or that they don't actually have a product, or that they lied about KYC3 being a seperate business, or that they scammed their bounty hunters, or that they keep changing dates, or that they are now trying to push another ICO scam, etc, etc - or that they didn't even bother to post an official announcement about the Syscoin "partnership"? (apart from one spambot post).  You must have really read through their thread thoroughly throughout your 5 days of investigations.....


Why haven't you? You're the CFO of BCF - isn't it your job to be involved & make sure that there are no financial misdeeds going on? Sebastian Schepis, CIO of Blockchain Foundry said:


...and yet you're trying to tell us that you, as CFO of BCF, "weren't closely involved"?  What happened to your "internal process for vetting partnerships like this" - did that also fail to spot all the inconsistencies I pointed out above? Did you also forget to ask them a single question when you "met them in person"?


Speaking for myself, nothing in my deleted posts was toxic, as you can see from the very first post on this thread. I posted legitimate questions & Daniel chose to ignore & delete them multiple times, even finding the time to PM me asking me to stop asking questions about my investment....it is censorship & treatment of investors like this that turns topics into toxic dumps. As for the rest of your poor excuse of an explanation, it's just marketing dribble.

Yes it does, and as I posted earlier:


Which means, even with the cash they have in the bank, there is still a deficit of $2.5M - which actually makes it look even worse. I'm fully aware of the meaning of deficit, but here are some meanings for you pulled from any thesaurus:

Synonyms for deficit
noun shortage of something needed, required

    loss, shortfall, arrears, deficiency, inadequacy, insufficiency, shortcoming, in the red, etc, etc.

I presume you're someone at BCF trying to defend your under pressure business - who are you?

For the record, I'm still awaiting a response to my PM.

Replied. 

@techo051,

Hello & thanks for posting.

I notice you use the term "we" in your comment - can I ask what position you hold at BCF?

Also, maybe you would be kind enough to comment on why Daniel (or whoever) is deleting Syscoin investors posts from the official Syscoin thread?

Thanks.

Just to be clear on the deficit comment, deficit doesn't mean debt, it means that the company has spent that amount of money to date, which also includes non-cash expenses such as share compensation, stock options, depreciation, etc. In the same report that you referenced it clearly shows a cash balance of $3.9M as of March 31 which is our most recent disclosed quarter. BCFN is a publicly traded company with multiple checks and balances including our auditors, an independent board of directors, exchange regulations, etc. All of these measures are in place to safeguard investors. The fact that BCFN is building solutions on the Syscoin protocol should also provide some reassurance that we are vested in the project and are committed to making it better all the time.

You keep saying that, even though it's printed in black & white & signed by Daniel & Christopher for all to see that it is.


Seems it's you who doesn't understand.


All assets are listed in the financial report as shown. However, if you are aware that Blockchain Foundry have additional assets that are not listed in the financial report, then that is classed as deliberate withholding of available assets, deception of investors & goes against the T&C's of every known financial body. I suggest you urgently contact Daniel & Christopher & insist that they declare all hidden assets immediately. Those are the legals for you, now you know about them.  


Again, these are not baseless claims or FUD. They are FACT, printed in black & white & signed by Daniel & Christopher for all to see, view or download from the BCFN trading platform.

Constantly calling something "baseless" or "FUD" because you don't want to believe it does not magically change it to baseless FUD. Facts will always remain facts until proven otherwise.

Of course, all this could have been avoided if Daniel, Christopher & Sebastian had opted to answer investors questions instead of deleting them in the hope that the awkward questions went away - but that was their choice & now they must either deal with it or remedy it.

sidhujag, you're an intelligent guy. Can't you see that the methods being used by those around you are either wrong or for an ulterior motive? Are you being consulted with at all about the direction Syscoin is going in, or with this pointless & scammy looking peermountain ICO group, or the severe lack of marketing?

Just curious as to what you think - please speak freely.

I just told you this isnt happening. what part of that do you not understand? I dont know about the legals but we have assets (cash) in account with no debt other than payroll which is on month to month and is very normal. We do not owe anyone any assets or money and there is no notion of selling off personal assets to cover a legal entity. These are baseless claims and I dont see where your going with this other than to Fud.