⭐ Merited by elma (1)
Dude WTF. You are sharing screenshots of mails where you are begging to random people to invest millions of dollars in your totally worthless token? Or to buy Waves on their behalf, while keeping the profit? First I was thinking there is some catch, some hidden value here, but going over some of your post it quite clear - you are absolutely full of shit. Ever heard of the term 'added value'? You see when you ask someone to give you a couple million dollars, and all you offer is that you buy Waves at $1, and when it goes to $10 you give back 20% of the profits - then your added value is zero, the client has 100% risk, since you don't offer anything if the price goes down. Please explain WHY would anybody risk a single dollar doing this?
Do not send more than 100 BTC in a single batch
OMG, you are hilarious. Especially with the screenshots of your transactions of 0.xx Waves.Also, your other post a few days ago about buying some waves token that you've just created with a monthly subscription plan, again, where you take 0 risk, pay back if the price goes up, and even state that you simply keep the money if someone skips a month in a 9 year (!) period. How the f*ck do you come up with something like that?
Not many business schools around your place, eh?
Either you are a very good troll, or the worst business person I've ever seen. Not sure which at this point, but if all of this is just trolling, then you rickrolled me brilliantly.
M2 is the system hedge in case of price decline.
I don't recall specific investor ROI on this campaign but it is not 20%, it was triple digit profit when exit at $7.
And paper profit of $30m on M2 collateral valued at a few thousand dollars at the time. Investor would receive 20% of more from my stake which was quite big. Their investment in waves would then be used as liquidity to buyback M2 supply for $30m market cap over long period of time in combination with x10 exit within 12 months. Waves generates 5% yearly dividend so this is where that liquidity would come from. and the value of this buyback pool increases alot if waves goes to $10-$100, so there is realizable profit of $30m at some point if waves really goes up alot.
The added value was this M2 collateral plus risk mitigation from this collateral in case waves went down in value from 70 cents to 15 cents.
Of course it is easy to say that they would make 1000% ROI when buying 70 cents selling now without me as intermediary, but this is almost 1 year later, it was not 100% certainty that price would go parabolic. I made preparations for 15 cents because it was not impossible at the time, and still isn't.
Those messages are for police to understand the demands I am making from a relative and two bankers who stole $40k. The messages are only for reference how profit would be calculated on those $40k of which 25% was reserved for wavesd in july 2020. It is for police to observe that I was aware of this investment opportunity long in advance of the $40k embezzlement and this is my argument for additional compensation in the lawsuit because some of this $40k was specifically intended to invest in waves at $1.5 in july 2020.
And there is even more business damage caused by that theft because I received very good offers from top crypto exchanges and cannot pay them due to lack of funds.
The thief is 85 years old so I cannot do anything about it except file this police complaint. But those 2 bankers, it is a bigger problem for them. But they did not know about the background so again, I cannot fully justify intervention to demand repayment in private, which otherwise would be easy.
But it caused grave damage to my business and for me privately, at some point I will have to address this if police does not. And then, big problems for both parties because no one likes being invaded and forced to pay $100 000.
And it was not offers to random investors. Two of them specifically requested more info about this strategy, and one of them, Chris even came to me on linkedin with a $10m credit offer. The third is to a relative.
It is still possible to do this, but with TurtleNetwork because waves already x20, but TurtleNetwork did not it is still at summer 2020 levels and it is a waves with exactly same functions and design. So there is still time.
With $1m it is easy to buy up to 20-30m tn and then create the market at any price you like up to 0.1 per waves which would yield x10-20 overnight profit. Combined with M2 collateral and buyback program, it is up to x60 overnight on this $1m. But it is higher risk than waves because TN is a small crew and human factor is huge risk of failure because I did invest in nano caps in 2018 and they all failed. Tech is same as waves but 1/1000th market cap because retail doesn't know about it.
There is a huge flaw in your theory. The token you mention, M2 and Turtlenetwork as a whole does not have an active market, there is no liquidity. If you buy up the tokens using investor funds that would drive up their price and the theoretical market cap due to the paper thin order books, but at the end of the day there would be no one to sell to at those inflated prices. The price would collapse instantly as soon as you try to sell those accumulated tokens for a profit, since no one was there to buy them at $0.01 a piece, so why would anyone do it as $1? You were buying them, there is still no market. You can't just jump-start a token like this, it doesn't magically grant value to it. It's a zero sum game, to be able to pull out 10x profit, there has to be a buyer market willing to pay that price. Now where does that come from? Pure speculation, investor greed? Good luck with that. We are way past due that phase when any random token could get investors, just because it has a cool name or something. Just look at the shitloads of worthless tokens on the Waves network, or any other place which gives easy to use tools to an average Joe. None of them are worth anything, and rightfully so.
Utility + added work/value = increased price. And many times even that is not enough to gain traction, there are still a lot of risks.
Turtlenetwork as it is looks like an exact copy/paste of Waves, without the know-how, without the developers and the partnerships built over years. I see zero added value there. You can of course speculate on the price, turn some profit on it, but its going to be a dead project without original ideas, which could easily mean that instead of turning 2-5-10x profit you will simply lose whatever you invest, or at least a large chunk of it.
I'm not familiar with M2 - so what brings value to that? What the project about, whats the utility?