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Topic: [WARNING] Walton Chain (WTC) is a SCAM - page 6. (Read 27274 times)

member
Activity: 101
Merit: 10
What's Quirky In Life?
October 07, 2017, 01:24:14 PM
I stand corrected.

The "Straits Cup" Industrial Design (Jinjiang) Competition of Fujian Province does exist.

http://www.52jingsai.com/article-3894-1.html

But they have never heard of Walton Chain.

Competition Organizing Committee Office Address: Room 505, Building 1, International Industrial Design Park, Hongshan Cultural and Creative Industrial Park, Qingyang, Jinjiang City, Fujian Province
Contact: Chen Li bottle Huang Wenbin Tel: 0595-82682939
E-mail: [email protected]
Competition Award Supervision Committee Office Address: Jinjiang City, Fujian Province, Qingyang Quan Zhong Road 525, Foreign Trade Building, 507
Contact: Zhang Nini Tel: 0595-85617805
E-mail: [email protected]

And the highest prize is $50,000 & WTC claims to have won $1,000,000

Also, Chinese search engines and social media cannot find any evidence that the project co-founder 许芳呈 exists.

I have a friend from Fuzhou, Fujian Province, who has helped me with this research.

Still nothing back from SuKi Kim.

Here you go

1. http://tech.china.com/article/20170827/2017082753050.html
2. https://read01.com/0edxExz.html#.WdkapxOCwWo
3. http://www.sohu.com/a/167645733_425750

sr. member
Activity: 363
Merit: 250
BTC will change the world
October 07, 2017, 01:08:40 PM
Many newbie accounts spreading the FUD as well, mr Keihatsu! If you measure the negative sentiment vs positive sentiment, you’ll see that most negative comments are coming from newbies.

This “scam” coin just announced they’ll be added to hitBTC in 4 days!

https://mobile.twitter.com/Waltonchain/status/916492214947110912

Is hitBTC also adding fraudulent projects? Not to mention they are working on getting listed on other exchanges soon.

Would every exchange just add a coin without going through some checks first?

The team is also active on YouTube.
This is Xu Fangcheng, the founder of WTC introducing himself today:

https://youtu.be/Nny1wGaXFKI

He’s a paid actor, right?

To date, mr Keihatsu, you have provided no evidence to support your claims.
If you really want to be taken serious, provide some evidence please. Otherwise, your arguments are just words and propaganda.
member
Activity: 101
Merit: 10
What's Quirky In Life?
October 07, 2017, 12:57:55 PM
OK I read mandarin / chinese. Most of those angel investors (initial) are legit! Co-founders are legit too!
The rest of the chinese nationals, I have no input on but believe to be their recruits towards walton RFID development.
ICO dispute and refunded to public investors due to China ICO Ban.


CO-Founder 许芳呈 (xu fang cheng)
1. https://cn.linkedin.com/in/%E8%8A%B3%E5%91%88-%E8%AE%B8-8ba924144
2. http://news.ifeng.com/a/20170619/51278777_0.shtml
3. https://item.btime.com/001jbbfmu3dlru92sba36mn1er8


CO-Founder 도상혁 (do sang hyeok) -
1. http://kr.avingnews.com/news/view.php?articleId=30902&cateId=&mn_name=&ref_cat=&sp_num=278
2. http://m.blog.daum.net/well-being-hvac/11149603
3. http://www.kgnews.co.kr/news/articleView.html?idxno=154979

Sina Blog on Walton updates (last update @ 24/8) : http://blog.sina.com.cn/u/6277713943
I do agree the Tee shirt is not professional; you know it's cheap design and printing cost for such tee shirt in China!
New company wanna keep all budget low maybe?

Though the site doesn't have any english translation, Blog running on Sina is a bit messy without flash 10 plugins, but most of the development  updates are fine! Not much news update though.
full member
Activity: 224
Merit: 100
crypto revolution
October 07, 2017, 12:48:56 PM
OP straight up lies about supposed conversations with binance/septwolves/the team/everyone. He hasn't provided proof for any.

On the contrary, here's actual proof of binance saying they WOULD clearly care if its a scam, given that they thoroughly vet each addition before they add it. This is also a key point from the binance whitepaper. https://i.redd.it/m0zuyws91wpz.jpg

And because I don't want to waste any more time ill leave this. Here's waltonchain news on a chinese GOVERNMENT (.gov.cn) website, yeah, they've entered into cooperation with a chinese company with a market cap of over 900m dollars and a chinese government cosigns it: http://www.dongshanisland.gov.cn/hbsh/e2017072832482.html

I'm glad this thread was made, people can read through it and see that all of the fake concerns people raise about the coin are debunked in one convenient place


One last question, who are you?
You speak as if it's your project.
I'm still not quite sure who represents the project on this forum?
Many new accounts on this thread.
full member
Activity: 224
Merit: 100
October 07, 2017, 12:45:33 PM
scam or not, i see a worrying phenomenon!

when people see a chinese project they rush!! a good example is NEO despite no product just roadmap!

newbie
Activity: 8
Merit: 0
October 07, 2017, 12:27:47 PM
OP straight up lies about supposed conversations with binance/septwolves/the team/everyone. He hasn't provided proof for any.

On the contrary, here's actual proof of binance saying they WOULD clearly care if its a scam, given that they thoroughly vet each addition before they add it. This is also a key point from the binance whitepaper. https://i.redd.it/m0zuyws91wpz.jpg

And because I don't want to waste any more time ill leave this. Here's waltonchain news on a chinese GOVERNMENT (.gov.cn) website, yeah, they've entered into cooperation with a chinese company with a market cap of over 900m dollars and a chinese government cosigns it: http://www.dongshanisland.gov.cn/hbsh/e2017072832482.html

I'm glad this thread was made, people can read through it and see that all of the fake concerns people raise about the coin are debunked in one convenient place
full member
Activity: 224
Merit: 100
crypto revolution
October 07, 2017, 12:03:19 PM
Hopefully my last post about Walton Chain.

I thought Walton Chain was a scam. And I still think Walton Chain is a scam.

The team cannot be verified.

The partnerships cannot be verified by any credible third party.

The aggressive response from those associated with the project is not how a genuine business would respond.

There is no evidence that any code has been developed.

I contacted Binance and they said they don't care if it's a scam.

What happened during the ICO (before Binance and presence on the forum) is sketchy.

A handful of moderators and paid shills on Reddit & Slack only talk about massive gains and use pressure tactics, nothing of substance, and ban anyone for asking reasonable questions the team is unwilling to answer.

The market is clearly being manipulated. Today everything is down except WTC which is up 15%. This is because of large transactions by wallets from the exchange that move the tokens around. https://etherscan.io/token/0xb7cb1c96db6b22b0d3d9536e0108d062bd488f74


That's my take on it. Others may disagree. As always, do your own research.

K

full member
Activity: 224
Merit: 100
crypto revolution
October 07, 2017, 03:36:41 AM
And what do you think of this article discussing Walton Chain on a .gov.cn website? Is this fake news too?

http://www.dongshanisland.gov.cn/hbsh/e2017072832482.html

Sorry, the website www.dongshanisland.gov.cn cannot be found.
newbie
Activity: 4
Merit: 0
October 06, 2017, 10:22:56 AM
Keihatsu

If you want to find some credit about the people just go on waltonchain.org/team ,  then take the chinese name of the people and put it into google. For easy findings just look at google pictures and take the path to wherever that leads.
I did it for the funder and the chief scientist and got for both some results, which I put in a word file because I can't bother to take more than 15 minutes out of my day to convince you.
Check over it quickly and tell me

1. How did the founder scam a logistics company, which received one award in 2016 and one in 2017, into partnering with him on his scam project?

2. Why is the chief scientist of Waltonchain on the main page of www.xmsilicon.com with exactly the same credentials as listed on the waltonchain project?

Some screenshots can be found in this PDF I put together quickly:

https://www.docdroid.net/gdweOdk/waltonchain.pdf

If you don't trust that site I'll upload the PDF somewhere else.


sr. member
Activity: 700
Merit: 250
October 06, 2017, 06:56:18 AM
I think this project is heavily dependent on investors and they give free WTC to encourage investors to participate, which is really bad for this project and certainly no one will list WTC.
full member
Activity: 224
Merit: 100
crypto revolution
October 06, 2017, 06:24:44 AM
Your unwillingness to respond to my request for evidence of your conversation with Septwolves heavily suggests you are a liar.

Hey, I didn't record the conversation, but I have asked for confirmation in writing to share with you.
full member
Activity: 224
Merit: 100
crypto revolution
October 06, 2017, 03:10:04 AM

[/quote]

Shillers want to sell high, FUDers want to buy cheap, and hodlers hodl.
[/quote]

And scammers scam. I have never held a WTC token and I never want to own a WTC token.

The facts remain:

No third parties can verify anything the project claims

The team cannot be verified

There is no evidence of code or technical progression

The moderators' hype and only want to talk about lambos & returns, nothing of any substance

Anyone that asks questions is booted from forums
newbie
Activity: 14
Merit: 0
October 06, 2017, 01:49:56 AM
All this scam talk had me kind of skeptical until I ran into these sources..

https://imgur.com/gallery/Jcxe5

http://ieeexplore.ieee.org/document/1261221/authors?reload=true&ctx=authors

http://ieeexplore.ieee.org/search/searchresult.jsp?queryText=suki%20kim&rowsPerPage=75

http://www.dbpia.co.kr/Author/AuthorInfo?arcId=&ancId=1035431

100% Legit, can't wait to see where WaltonChain goes! All in on this one, this guy is really something.
newbie
Activity: 28
Merit: 2
October 04, 2017, 06:44:27 PM
I'm always dubious when I see "dump this coin its a scam" post, 9/10 its someone trying to scare investors out of their positions and crash the price so the individual can get in at a cheaper rate because they missed a good entry.

Just makes the individual look bad, I personally have researched and am happy to have capital invested. But always, always do your own research if you have doubts.

This.

It's crazy what people are willing to do. This thread is an especially poor attempt. OP has no arguments in the face of all the overwhelming evidence and just blurts: "Fake News!"

OP presents hies lies as facts with no prove and dismisses all the facts.

I wouldn't advice anyone to buy WTC, just because I don't give trading advice at all but the mean-spirited nature of these FUDing attempts are really unbelievable.

There are some amazing people here at bitcointalk but also the lowest of the low. They would sell their mother and their soul for a few bucks.

Shillers want to sell high, FUDers want to buy cheap, and hodlers hodl.
sr. member
Activity: 274
Merit: 250
October 04, 2017, 04:53:45 PM
I'm always dubious when I see "dump this coin its a scam" post, 9/10 its someone trying to scare investors out of their positions and crash the price so the individual can get in at a cheaper rate because they missed a good entry.

Just makes the individual look bad, I personally have researched and am happy to have capital invested. But always, always do your own research if you have doubts.
copper member
Activity: 1
Merit: 0
October 04, 2017, 04:14:43 PM
For me WTC  is not scam  !!! please confirm
full member
Activity: 155
Merit: 102
October 04, 2017, 12:52:49 PM
Public note: I'm personally invested into Walton with 100% of my capital.

People can make their own decisions, but even if Waltonchain is not a scam, the best case scenario is that it is an early stage tech start up. No-one but the founders should be staking 100% of their capital on it.




first rule in life  :   never put all you eggs in the same basket  Grin
newbie
Activity: 22
Merit: 0
October 04, 2017, 12:48:56 PM
keihatsu...internet stranger...get some help dude

and why would these companies waste their time answering an email from some random stranger.
if i worked for any of these companies and got an email from someone random whacko it would straight into the trashbin
full member
Activity: 224
Merit: 100
crypto revolution
October 04, 2017, 10:54:40 AM
I stand corrected.

The "Straits Cup" Industrial Design (Jinjiang) Competition of Fujian Province does exist.

http://www.52jingsai.com/article-3894-1.html

But they have never heard of Walton Chain.

Competition Organizing Committee Office Address: Room 505, Building 1, International Industrial Design Park, Hongshan Cultural and Creative Industrial Park, Qingyang, Jinjiang City, Fujian Province
Contact: Chen Li bottle Huang Wenbin Tel: 0595-82682939
E-mail: [email protected]
Competition Award Supervision Committee Office Address: Jinjiang City, Fujian Province, Qingyang Quan Zhong Road 525, Foreign Trade Building, 507
Contact: Zhang Nini Tel: 0595-85617805
E-mail: [email protected]

And the highest prize is $50,000 & WTC claims to have won $1,000,000

Also, Chinese search engines and social media cannot find any evidence that the project co-founder 许芳呈 exists.

I have a friend from Fuzhou, Fujian Province, who has helped me with this research.

Still nothing back from SuKi Kim.
newbie
Activity: 1
Merit: 0
October 04, 2017, 01:09:47 AM
the price rushed to an ath of 8,70 USD and it is stable at the moment at around 7,50 USD, it is an incredible price performance and if this is a scam i only want to invest in scams for the future

Just have a strategy in place for getting out. Ride a scam too long and you'll get burned like 90% of the people.
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