Topic: USI-TECH (Read 2273 times)

I dunno.  Seems like a shitshow now.

I went into USI-tech very tentativley.                 https://www.youtube.com/edit?o=U&video_id=6LcH8qX7Xfs

Then I went "All in"                                          https://www.youtube.com/watch?v=ZRiSgKD0fkM

Then I shit myself because of FUD...                  https://www.youtube.com/watch?v=66Oiflaqlmc

Then the FUD subsided...                                  https://www.youtube.com/watch?v=dl9Ed6fK4dc


The haters for this company are pretty vile and poisonous. They never show both sides. Only hate blogs, hate vids and anything that aligns with their confirmation bias.
Educate your self. No one makes you invest in anything.

Once the branded mining goes live , which will be transparent and on the blockchain a lot of haters are going to look very foolish.
They will just switch to the next product that isn't yet established and that will go on and on.
Meanwhile early adopters are growing their bitcoin.

USI Tech is just as bad as Laser.Online, BitConnect, Control-Finance or anything similar. They're all HYIPs that'll fall (or already have fallen/ stopped paying). Once the price of BTC has a nice pullback, some of these guys will just disappear and all affiliates will have their reputation tarnished.

Suspected pyramid scheme USI-Tech is launching their own ICO - With no whitepaper released until 500 Million tokens are sold (self.CryptoCurrency)
 by waytooeffayRedditor

USI-Tech, a pyramid scheme similar to BitConnect, are launching their own ICO called USI Tech Coin (UTC) with NO whitepaper and NO information about what the token even does. Their current distribution method prices the tokens at anywhere from 50c each for the lowest contribution level, to 3c each for people contributing over $50,000. They claim they will release their whitepaper when they sell 500 MILLION tokens, which is anywhere from $15,000,000 (If all contributors were to contribute over $50,000) to $250,000,000 (If all contributors were to contribute the minimum amount) .
Some other things this company has been caught out doing include:
Claiming they had a $70 million mining contract with BitFury, even mentioning specific BitFury products, and when the CTO of BitFury was inquired about it he claimed that nobody from BitFury has ever heard of them.
Posting a video of Genesis' mining farm and claiming it as their own. Genesis had never heard of them before this either.
Claiming they have developed a power generating system capable of running 6 racks of servers for virtually no cost
Claiming they have developed a way to convert the heat generated from miners into power in order to reduce the power cost of mining
Claiming they will be the first to have access to IBM's 'Watson' super-computer (Watson is not a super computer and anybody can access it) and that they'll be using it to optimize mining.
Running seminars in Australia and other countries luring people in with the promise of helping them understand Bitcoin and Cryptocurrency, then suckering them into signing up for their pyramid scheme
Basically, this company is full of shit and what they're doing makes me fucking sick.

https://www.reddit.com/r/CryptoCurrency/comments/7gndr8/suspected_pyramid_scheme_usitech_is_launching/

I made a fair and unbiased video, including the shady past of some of the founders here.

Hi Everyone.