Its time we seriously address the vechain scam

- CEO tweeted “buckle up my airline gonna take off” on New Year’s Day.
- CEO tweeted “I will buy as much (of my token) as I can” as price is “undervalued”
- CEO has admitted to trading his own coin
- project claimed to have Vitalik as advisor. This was denied by Vitalik.
- At a big conference in early 2018, CEO flashed nice slide with BMW logo stating “The Rumors Are True” , at that time and even now it’s only a project with BMW start up garage
- Came up with a Privacy paper in Feb claiming to be the best in the business, prominent community members went into Top Privacy project’s telegram to taunt and abuse the team and community there. Privacy paper was later dissected and never heard off again
- Allegedly has an insider (contracted by the team) going about as “coca cola kid” spreading a mix of insider info and downright lies (PBOC partnership) to facilitate hype for pump and dump. Actions condoned by team in clear sign that this was allowed
- CEO in a clear arrogant stand replied “Who is WTC?” to a question on another big blockchain initiative
-Removed PwC logo from website because they aren't partnered with PwC, only PwC China/Hong Kong, which is different
- CEO repeatedly claims to be the founder (singular) when research has shown the original founder to be some one else . At best he should be “a co-founder” and not “the founder”
- page 3 of white paper says “build a trust free” blockchain when the blockchain is the opposite of trustless as it has trust built all over ( trust their selection process, trust the limited number of authority nodes, trust that they won't falsify the records even though the nodes don't have to achieve any kind of consensus amongst eachother
- Claimed to partner with Oxford University but got told to take down the tweet by Oxford and no partnership or working relationship has been heard of since
- Open sourced code is just a blatant ETH for with Ctrl+Find+Replace Ethereum -> thor plus blake2 hash added

When will this bitconnect?

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Other urls found in this thread:

youtube.com/watch?v=vQI7OD6a0fw
en.wikipedia.org/wiki/ISO/IEC_JTC_1/SC_31_Automatic_identification_and_data_capture_techniques
initiativeq.com/invite/B-68UYhzQ
twitter.com/NSFWRedditGif

Not to mention the ghost "mainnet release" that doesn't even have a fucking blockchain explorer (let alone a token swap) for people to know they're not just completely lying LOL

Look at the machine from 2:00 and tell me this isnt a scam.
youtube.com/watch?v=vQI7OD6a0fw

A kid can build the same thing from lego tech. Its just picking up a small piece and dropping it again.

Buy signal

This scam will survive for years.

Seriously how do you get to the point where you can "release mainnet" with no block explorer or token swap and your holders eat it up? Vechain community is unironically worse than tron

Lmfao arcade claw games are more sophisticated than this

is this real

- Not having a blockchain explorer is just retarded
- LLBank is being used as a market maker to keep prices high
- Tokens have to swapped through a mobile wallet

The video is on the official Vechain Youtube channel.

I cant believe i got so lucky with tron and Vechain.

I got BOTH in November. i fell for these coins big time. i sold Ven end of January but missed the top on tron and old for 14cents.

ever since i sold this shit has been so obviously a smokes and mirrors project to me. a hype coin. SO MANY RED FLAGS. i cant even begin to list them, but OP you managed to list most of the ones that botehred me, except you didnt mention how all the time they are:

-stingy with details of any of their technology or solutions
-Over sell low quality partnerships as way bigger than they actually are

Then the insider trading is huge. The announcements always coincided with a whale market buying loads to initiate a pump while noobs fomo i and whale dumps. CCK would help do this. it went on for a long time till people stopped falling for it. then they announced "X" nodes. lmao. whale buys a big bag to initiate pump, then noobs fomo like crazy and it pumps 30% in 1 hour. then it dumps and is red for the daily candle. lmfao.

Lolll

This FUD is getting old. All of these topics have been discussed to death already and most of them debunked. Try something else.

>most daily transactions on our network already
>big fortune 500 companies already using our network

...Only way to use coins is in a mobile phone wallet. k

kek. what type of node you guys got?

Why isn't there a wallet for VEN yet with the 100 or so coders they have? Oh that's right, it's all a bunch of bullshit. VECONNECCCCT

lmfao

>Daily thread on Vechain subreddit is full of depression
I think we are almost done with the cycle lads.

Nah, it just begun. You can see most are still deluded and use excuses like "accumulation" and "we're early".

Some FUD is not that valid but I will give some glaring problems I've found.
The ICOs are shitty and they control most of the tokens. They have no information about what they're going to do with money raised by the ICO. What projects traditionally assign for funds they raised like marketing and development, they're assigning it to the coins they already owned. Basically double dipping and scammy. The fact that they don't have a desktop wallet and the mobile wallet's ui looks like trash is another bad sign. All those hyped up announcements before have amounted to nothing with no plans for any integrations stated in the near future. The token split is another obvious attempt to pump the price. It actually has pretty low volume due to a ton of wash trading by bots. Honestly, the whole node shit gives it qualities of a pyramid scheme. There has been no release of who the authority nodes are which makes PoA not trustless as there is no reputation to stake.

Finally, I haven't looked at the code, but if someone with crypto programming is willing, I'm interested to see how similar it is to Ethereum.

The cycle of getting scammed LOL

the sad thing is they dont see how accumulation happened ages ago.
Vechain was a hype coin. the foundation hyped it as much as possible. now investors have to face it is overvalued and price discovery from adoption will be a painful journey. reddit shilled hype crap always has a sad ending.

VeChain fud is so weak lol.

Oh look, the default Reply ever since january. never once have i seen a venlet debate anything other than say "weak fud" or "i dont need to debate with such weak fud". lmfao.

the entire journey down from 90k sats. "weak fud".

People that bought VEN high need to find a way to comfort and delude themselves to not face their losses. Same thing happening with Nano.

The rumors were true though. How is the startup garage program not working with BMW?

CEO buying more of his own coin is a better sign than Charlie Lee dumping on litecoin holders.

Ethereum VM is ported indeed. That was communicated upfront. Easier to migrate projects from eth to Vechain this way and solidity programmers can develop for Vechain now.

Who cares about WTC, salty walty?

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Yea dude cuz the rest of the market had been doing fucking great since January.

HAHAHAHAHA YOU VETARDS ARE SOOOO FUCKING PATHETIC. EXCUSE AFTER EXCUSE AFTER EXCUSE BEING LED TO THE SLAUGHTER HOUSE...GET FUCKED

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same thing happened with LINK

lol i fell for the vechain scam too but it kept my portfolio somewhat alive and im still up 3x in crypto meanwhile everyone else is down

except link neever had any marketing or shilling from ico onwards at all. if link isnt a scam at the very least.

I have a lot of money riding on you faggots being completely wrong. Living in your head rent free by 2020 as you missed yet another opportunity to make 7+ figures from pocket change.

This is what people say about every project, user...

LMAO.
WTC is so much more impressive than this shit. Their RFID chips are patented now and box mining went to their factory. Their chips and sensors were automatically compatible and uploading the info to the blockchain. Vechains machine looked like one of those cheap laser engravers.

Omg I can't believe I won!!

What's your point?

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I'll take my chances with WTC over an animal claw prize game.

Kek I think Walton is living in your heads rent free already.

Seriously though I don't think VEN is going anywhere anytime soon. I think they've overshot their market position and oversold what they can deliver and the market is playing catch-up. For the long term you would be silly to sell now if you got in reasonably early.

CHINK SCAM

I read all this crap and it doesn't faze me one bit. I have only ever bought Vechain, never sold a single one. Started in November so I'm comfy as fuck.

Peace out, fags.

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Guys I heard a rumor that VEN is going to be DELISTED from binance.

Get out while you can I REPEAT get out while you can.

Also my uncle(works at Samsung) just came back from a business trip in china and he ran into sunny! Well he saw him at least.

So my uncle and about 9 Chinese business men were waiting on an elevator to take them up to a conference room. As soon as the door opened my uncle told me he saw sunny with his hand in another man's pocket GRABBING HIS FUCKING PENIS.
At first I didn't believe my uncle but Sunny has always seemed pretty shady.

Well today I finally pulled the trigger and sold ALL my VEN (23.7)
You guys should sell yours too

RFID chips are not patentable. How dumb are you?

AMBGANG AMBGANG AMBGANG AMBGANG

I don't think ven is illegitimate but it's way too high, AMB is already ahead in tech now. VEN is just chinks hyping shit and developing too slowly.

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Radio-frequency identification (RFID) is an automatic identification method, relying on storing and remotely retrieving data using devices called RFID tags or transponders. ... The first patent to be associated with the abbreviation RFID was granted to Charles Walton in 1983 (U.S. Patent 4,384,288)

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Most enterprise adoption with 100s of companies lined up running on the blockchain for 2+ years.....and we've got 1 transaction block recorded. WEW LADS WE GOT THE ETH KILLER HERE

en.wikipedia.org/wiki/ISO/IEC_JTC_1/SC_31_Automatic_identification_and_data_capture_techniques

fucking brainlets

I have one word for you FUDsters. Jim Breyer.

Lol, you delusional fuck.... VEN scammed you neckbeards from the start and you gobbled it up because they perfectly manipulated you guys. please wake up before it gets even worse

kek

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rip

WHAT THE FUCK WHERE DID IT GO??

People just flat-out lying about shit now that takes 5 seconds to disprove just by visiting a webpage. Can't think of a stronger buy signal.

>decentralized
>CEO
figure it OP if you havent yet farewell mother fucker lmao

hey faggot foxyIT how is that fucking fedora treating you bitch? Getting any pussy? Can you grow a neck beard yet? All this fud is old and has been debunked this lil bitch has just dedicated his life to fuding vechain on reddit. Pic related.

Attached: foxyIT.png (1278x1166, 2.75M)

>
still there.

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What the lowest tier for generating passive income?

any amount will produce vtho, but the smallest economic node is 6000

actually that's only x node, and had to be secured before march 20. so in most cases, it'll be a strength node at 10,000

Initiative Q is building a new payment network and giving away significant sums otf their future currency to early adopters. It’s by invite only and I have a limited number of invites. My personal invite link: initiativeq.com/invite/B-68UYhzQ

address what? Disect what?
This has been agreed upon by biz MONTHS ago, as being hype scam. How is anyone still holding this shit is beyond me? Do you mongs not pick up on clues / signals?

I have literally NEVER read a white paper beginning to end. Have at most just glanced them, all my coins have been off biz shills.
I have a pajeet meter built in that has saved my ass many times. I admit getting rekt on 2 coins in my early days but i have gone into many more great coins that i gained off.
Fud can sometimes be shit talking, trolling , or jealousy as well as 'accumulation' meme.

But there are many times where it has been a life saver. If you were unable to pick up that the daily FUD on biz months ago actually held weight and had meaning. You will never make it and are 2 digit IQ.

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fuck that is a punchable face. no wonder the little faggot is so mad just look at how badly he lost the genetic lottery.

you guys should watch china hustle

there are already too many experts on here since that came out. watch that and instantly you are an expert.

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I used to avoid chink coins because my mom runs a business that involves interacting with chinks often times. I've seen her go from neutral to full blown Jow Forums RACE WAR NOW over the years because of their bullshit. This made me biased against anything China related cause I know how they operate.

Lately I've seen people here talking about a documentary "The China Hustle". After watching that yesterday, I'm definitely not buying any chink coins for the rest of this crypto craze. I don't give a shit about the cost of opportunity and potential lost gains. The risk is not worth it. All the retards that "invested" in chink coins will get BTFO sooner or later.

>that chick behind the """reception desk""" wearing her fur-lined coat

>The rumors were true though. How is the startup garage program not working with BMW?
They signed up for a public program literally anyone could sign up for.

Stop being deluded.

I do not see why people should care if VeChain is or is not a scam. Way easier targets like Verge and Tron. The way these dumb ass threads keep popping up is odd.

Well this is a crypto forum, and most cryptos are scammish so. Pic related

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>- CEO in a clear arrogant stand replied “Who is WTC?” to a question on another big blockchain initiative

kek fuck off salty walty.

>still optimistic about passive income while your principal goes down the toilet
Not gonna make it

Sign up and let us know how it went, delusional faggot. Acceptance rate is less than 5%.

Please tell me this really is that butt hurt faggot foxyIT
if so, fucking KEK
he’s completely lost at life and would literally do everyone a favour by just killing himself

Yes, being in the 5% "selected" from a public program ANYONE could apply for sure is deserving of a huge "THE RUMORS ARE TRUE" partnership announcement.

Pure delusion.