Re: NIMIQ SCAM DEBUNKED

Rumors that will be proven soon:

1. Bankruptcy 6 or 12 months.
2. ICO Money laundering

2019 will be The Year in which many ICOs will crash. They still have a little bit of cash to burn until they will finally realize that everything they do is unprofitable, unsustainable and nobody is touching them because their tech is dogshit and nobody is using it. Probably at the end of this year, nimiq will have 3 million dollars and finally realize that the project is DEAD and can't survive in the business world. The project burned already 6 million dollars from 12.7 million, and this year alone will burn at least 5 million until in December.

Btw. They are also planning to switch to proof of stake leaving all miners broke and not being able to mine any new coin with their CPU and GPU equipment. No more browser mining at all. After they switch to proof of stake, everybody will leave: sushi guys, miners, pools will get closed as well, vj1977, the Vietnamese guys, hundreds of miners with free vps. The few people staying on their channels are the miners who are making profits with this shitcoin selling coins from week to week. Simple as that.

Great summary andrewjaxx!
Yesterday someone asked some critical questions on Reddit. Result: insta-ban. Always the same story. They try to silence any critique.

Everyone will find out sooner or later. This whole scam will fall apart. It's only a matter of time....

What stumbles me is that the team is closed in their Bubble in Costa Rica's jungle and they don't realize it. They are very reticent on every constructive feedback we give them criticizing us to be FUDers. The truth is that they don't see reality. They live in their 1.1 million dollar villa bubble with money, chef, sushi, weed, and surfing every morning. To understand the market and business, you NEED to be in the market, tackling the real-world problem to understand the customers. Sometimes, I understand them. They are young with many dreams, but for real, they should stop smoking that shit anymore. Their judgment is clouded by weed. I used to have some of that in my youth, but those years were really dark for me and I couldn't be useful in any way.