@Squeeze - # 1229
"And I don't call it fraud.
Just have a look at 1000+ of any other tokens and their market behaviour.
What's, for example, an important indication of a scam is pump and dump strategy, for example Sexcoin which graph you posted above. Worldcore has never played pumping-dumping game game in spite of the dramatic price drop. You can blame Worldcore for weak management - namely very slow reaction for the market challenges but not for being any "scam" or "fraud" - no way! The guys now has be very proactive and launch new features as soon as possible.
Real frauds doing pumps and dumps look like this and it obviously has nothing in common with Worldcore."
I don't suspect that the mentioned "irregularity" is Worldcore fraud, but exchange fraud. In Hongkong there are based, inter alia, the following crypto exchanges: OKex, HitBTC, Bitallex and Binex (totally more than 20!). Market surveyors strongly suspect that - at least the mentioned ones - are connected, probably owned by Chinese Triades, who can't no more manage their money laundering transactions using Mainland China channels. But why did Worldcore choose first HitBTC and later OKex as its main trading exchanges, and was reflecting on Binex and Bitallex, too? Sorry, but I believe there haven't been other alternatives as those exchanges which list more and more new tokens for trading (main issue: revenue) - without proving their respectability? Another idea: All tokens listed on the mentioned exchanges could be abused for money laundering - without responsability of the issuers.
Concerning trendlines
The chart of 10year US Treasury Note Price shows different trends: at the beginning an ascending and a descending trendline, two basic longer-term ascending lines and one another descending line at the end and a longer trendless period on upper side.
WRC endgame
Current WRC price and market capitalization are not more than one third of July 25 data.
Specially for @Squeeze: "Worldcore has never played pumping-dumping game"
But surely Worldcore has played this game immediately after the start of WRC trade on HitBTC pumping up the price from 0,12 USD to 0,55 USD and market capitalization from 27 million USD to about 100 million USD between Jan 02 and Jan 07 - faking how high public interest in this token allegedly is, and how "important" this tiny "EU-regulated No 1 Czech money transfer institution" is.
"And I don't call it fraud.
Just have a look at 1000+ of any other tokens and their market behaviour.
What's, for example, an important indication of a scam is pump and dump strategy, for example Sexcoin which graph you posted above. Worldcore has never played pumping-dumping game game in spite of the dramatic price drop. You can blame Worldcore for weak management - namely very slow reaction for the market challenges but not for being any "scam" or "fraud" - no way! The guys now has be very proactive and launch new features as soon as possible.
Real frauds doing pumps and dumps look like this and it obviously has nothing in common with Worldcore."
I don't suspect that the mentioned "irregularity" is Worldcore fraud, but exchange fraud. In Hongkong there are based, inter alia, the following crypto exchanges: OKex, HitBTC, Bitallex and Binex (totally more than 20!). Market surveyors strongly suspect that - at least the mentioned ones - are connected, probably owned by Chinese Triades, who can't no more manage their money laundering transactions using Mainland China channels. But why did Worldcore choose first HitBTC and later OKex as its main trading exchanges, and was reflecting on Binex and Bitallex, too? Sorry, but I believe there haven't been other alternatives as those exchanges which list more and more new tokens for trading (main issue: revenue) - without proving their respectability? Another idea: All tokens listed on the mentioned exchanges could be abused for money laundering - without responsability of the issuers.
Concerning trendlines
The chart of 10year US Treasury Note Price shows different trends: at the beginning an ascending and a descending trendline, two basic longer-term ascending lines and one another descending line at the end and a longer trendless period on upper side.
WRC endgame
Current WRC price and market capitalization are not more than one third of July 25 data.
Specially for @Squeeze: "Worldcore has never played pumping-dumping game"
But surely Worldcore has played this game immediately after the start of WRC trade on HitBTC pumping up the price from 0,12 USD to 0,55 USD and market capitalization from 27 million USD to about 100 million USD between Jan 02 and Jan 07 - faking how high public interest in this token allegedly is, and how "important" this tiny "EU-regulated No 1 Czech money transfer institution" is.