Post
Topic
Board Securities
Re: [BitFunder] Ukyo.Loan - Paying 0.05% daily.
by
NotLambchop
on 11/07/2014, 21:47:12 UTC
[wall-of-denial]

And this is how Bitcoin became both a nursery for budding con artists and a rest home for over-the-hill scams.
No matter how pathetic a con, no matter how laughably inept the execution, no mater how long ago it got burnt down IRL--the local wizards of finance will surely "invest."

Typical example from "Cryptostocks Project Review" thread, posted by a typical Bitcoin investor:
Now that everything is back to normal for now, I feel we can get back to project reviews. The most impressive Security right now in terms of dividend returns is RETURN. They are some great traders and know that business well translating into ~30% gains per month. Their 2nd IPO went fast and all shareholders are pleased w/ the div payments every other day.

Yeah, you guessed it, the "great traders" [predictably] vanished with the coin, the "shares" are worthless.
Some d00d going by SamboNZ, who pimped this "investment" and claimed to have full dox on the issuer, finally posts a blurry ID with with a sorrowful
...So, that pretty much clinches it then; this license is a fake and is proof that this was a scam from the start.
...

SebastianJu, SamboNZ--interchangeable.  Every con has them--either in on scam. or just rock-stupid rubes who shouldn't be handling sharp objects, much less vouching for issuers and handing out financial and legal advice.