Re: [ANN][VRC] | VeriCoin | POS - NSDI | VeriBit | VeriSend | VeriSMS
Here is the "jl777" effect - an effective pump and dump ponzi scheme
. He runs an "investment fund" and makes trading bots for christ sake people.The new XC BlockNET will blow SuperNET out of the water as it doesn't demand 10% of the coins that he can use to manipulate the price. (His "sharkfund" already had atleast 10% of BBR already? I wonder who was manipulating the price before the pump and why he included it in the SuperNET
)LTCD and the BlockNET will be the winners. They actually know how to market and explain things to new users, not scream "the community isn't helping me enough! it will never get done if you guys don't do everything i don't want to" - while he sits on 4000 btc raised from the IPO.
I fully agree with you.
It has been a grandiose talk and very-very little substance from this jl777 James guy, though lately he doesn't even talks here. My late grandmother could have as much effect on VRC price as this guy had, and my grandmother never ever seen a computer. As I said here many time, no one will remember 1 year time what SuperNet was - except people who put hard earned cash into that vaporware.
Now, he got 100 BTC and the VRC price is still dropping. I guess he is dumping to buy low with the 100 BTC. He don't give a shit about VRC price nor about the community, he only needed VRC to use its transparent image to complete his ICO, and now he is gone.
In the meantime a few vocal cheerleaders celebrate the low price here, saying that actually they are happy with the low price. Of course cheerleaders would say anything to justify this failing project: if the price rise that's great, if the price drop that's great too ... quite incredible.