Ok just a little recap on the EOS fraud
1. there is no EOS platform as of yet, we are talking about a fork of BitShares. again: there is no functional platform whatsoever as of yet. In other words: a mere promise is being sold
2. 1 year long ICO to collect a significant percentage of the entire ETH supply. Nobody would ever need this much money to create the platform. Astronomically more money is being raised than would ever be required. First day (of 350 more days) only: $181,295,950 (ico address here, also note the ETH that has already been moved out)
3. creates a fake sense that EOS is a true competitor to Ethereum, but in reality EOS as of now is a simle token run on the Ethereum platform
4. uses ETH raised in the ICO to generate fake price and fake demand on exchanges
5. let people buy in, milk the crowd who doesn't know better!
==> EOS is a very nifty scam to enrich their founders with ETHER, this is what it's all about
we can safely say that there has not been a scam as advanced as EOS in the crypto sphere up to now.
this is an entirely new level of insanity
Look through it!
1. there is no EOS platform as of yet, we are talking about a fork of BitShares. again: there is no functional platform whatsoever as of yet. In other words: a mere promise is being sold
2. 1 year long ICO to collect a significant percentage of the entire ETH supply. Nobody would ever need this much money to create the platform. Astronomically more money is being raised than would ever be required. First day (of 350 more days) only: $181,295,950 (ico address here, also note the ETH that has already been moved out)
3. creates a fake sense that EOS is a true competitor to Ethereum, but in reality EOS as of now is a simle token run on the Ethereum platform
4. uses ETH raised in the ICO to generate fake price and fake demand on exchanges
The price in only hype thing, EOS team use ETH from crowdsale to hype market, they send 20000ETH to Bitfinex and 2000 ETH to Kraken to do hype, for yunbi.com, lixiaolai is an investor/co-owner and he is member of EOS team too, so the hype in yunbi is crazy.
https://etherscan.io/address/0x9937dbb2128b55c44d8af7bf36fd76796a814cf4#internaltx
In summary,nothing much, just hype with the money from investors, not sure whether this is legal or not.
https://etherscan.io/address/0x9937dbb2128b55c44d8af7bf36fd76796a814cf4#internaltx
In summary,nothing much, just hype with the money from investors, not sure whether this is legal or not.
5. let people buy in, milk the crowd who doesn't know better!
==> EOS is a very nifty scam to enrich their founders with ETHER, this is what it's all about
we can safely say that there has not been a scam as advanced as EOS in the crypto sphere up to now.
this is an entirely new level of insanity
Look through it!
i question myself all the time what is eos why is it good?
are people question themselves what they are buying
what the hell is an open source company?
is this a company in which all employees are 24h monitored through the internet? who would want to work there? all stock nominated companies are transparent and reporting their businesses regularily what is an open source company seriously? are they reselling relabeled snow from yesterday?
are they selling an online transparent reporting company as something completely new as an "open source company"
