gustav



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Hero MemberActivity: 602Merit: 500 How to create the illusion of 11million$ marketcap with only a 100k$ presale June 11, 2016, 01:32:19 AM

Last edit: June 11, 2016, 03:00:16 PM by gustav #1 To acomplish the task of creating a coin valued at 11 million i only need 1 million to start out and i will not spend or even risk this 1 million in the process, instead i will make huge bucks without risk to myself.



I show you how in this thoughtexperiment:



1st step: announce a presale for the token with a shiny website and lots of promises about future developement here on btctalk (use lots of marketing buzzwords about inovation and sockpuppet accounts confirming your bullshit too)



2nd step: find exchange to list and start the presale



3rd step: buy my own token for my 1 million$. This will create the illusion of demand for my presale to outsiders



4th step: after presale, get my 1 million $ handed back to me plus the tokens i bought from my own presale plus the 100k$ which was "invested" by degenerate gamblers who were misled into giving me money.



5th step: hype it hard!



6th step: pump it up with the 100k$ i got from the gamblers. Since i hold 90% of the coin supply which i got for free and i hold 100k$ which i also got for free i can now safely pump the coin with those 100k$ to exactly 10 times the presale-cap of 1.1 million which is in this case 11 million. If traders buy into the rise we're easily going higher.



Et voila, i just created 11mln$ cap without risk for myself and without spending my own money. I can now start to slowly cash out at the highest possible price my 90% supply.

And the best thing about this is: nobody even has a clue what just happened. If i am smart there won't be any evidence and i can also repeat this process as often as i like. Also i can still aditionally give myself officially a developement-fund on top of it, so i could be holding 95% or 98% in this.



edit: if i even can get an IOU listed on yobit i could pump it up to some unreal number so people will have high expectations. I could come out with a 100 million coin potentially ... all only riding on 100k$ stupid money.



protip: none of it is real when it was distributed with a sale. Now you know where all the big money suddenly comes from to pump these shitcoins to these prices and why the rest of the market doesn't move; because it's not real. That money isn't there.



Keep having fun with presales, people. Good luck with that.

Spoetnik



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LegendaryActivity: 1540Merit: 1010FUD Philanthropist Re: How to create the illusion of 11million$ marketcap with only a 100k$ presale June 11, 2016, 03:46:57 AM #2

They were passing along the info privately and one guy started selling the trade tip

BEFORE it got listed on Coinmarketcap.. and later it went to around $14 on Cryptsy.

..and of course Gliss played dumb about it all The AUR team new this far in advance years ago and since the scam is perfected..They were passing along the info privately and one guy started selling the trade tipBEFORE it got listed on Coinmarketcap.. and later it went to around $14 on Cryptsy...and of course Gliss played dumb about it all FUD first & ask questions later

gustav



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Hero MemberActivity: 602Merit: 500 Re: How to create the illusion of 11million$ marketcap with only a 100k$ presale June 11, 2016, 03:01:55 PM #3 Quote from: Spoetnik on June 11, 2016, 03:46:57 AM

They were passing along the info privately and one guy started selling the trade tip

BEFORE it got listed on Coinmarketcap.. and later it went to around $14 on Cryptsy.

..and of course Gliss played dumb about it all

The AUR team new this far in advance years ago and since the scam is perfected..They were passing along the info privately and one guy started selling the trade tipBEFORE it got listed on Coinmarketcap.. and later it went to around $14 on Cryptsy...and of course Gliss played dumb about it all

In AUR there was at least blockchain evidence of it. Probably there is blockchain evidence in the others too but people just don't look for it.

AUR is still running despite being a proven scam btw. In AUR there was at least blockchain evidence of it. Probably there is blockchain evidence in the others too but people just don't look for it.AUR is still running despite being a proven scam btw.

gustav



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Hero MemberActivity: 602Merit: 500 Re: How to create the illusion of 11million$ marketcap with only a 100k$ presale June 11, 2016, 09:06:35 PM #8 Quote from: MyownBoss on June 11, 2016, 09:04:53 PM



I love this post but he's right you stilled tied up your $1 Million UNTIL you find the greater fool. Which could take some time.

I love this postbut he's right you stilled tied up your $1 Million UNTIL you find the greater fool. Which could take some time.

No, i did not. I buy my own ico with 1 million and the exchange will hand that one million back to me plus free coins. The 1 million is only tied up as long as the ico is running. I don't need to find a greater fool to get them back. There is absolutely no risk to myself. No, i did not. I buy my own ico with 1 million and the exchange will hand that one million back to me plus free coins. The 1 million is only tied up as long as the ico is running. I don't need to find a greater fool to get them back. There is absolutely no risk to myself.

Spoetnik



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LegendaryActivity: 1540Merit: 1010FUD Philanthropist Re: How to create the illusion of 11million$ marketcap with only a 100k$ presale June 13, 2016, 12:24:15 AM #17



No one can tell me WHY they are ok with the worse option and not the other..

I keep asking and they just ignore me and spam on about ICO scheme coins.

..yammering away endlessly about "profits"



Apparently talking about anything except Profits.. is FUD @gustavNo one can tell me WHY they are ok with the worse option and not the other..I keep asking and they just ignore me and spam on about ICO scheme coins...yammering away endlessly about "profits"Apparently talking about anything except Profits.. is FUD FUD first & ask questions later

gustav



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Hero MemberActivity: 602Merit: 500 Re: How to create the illusion of 11million$ marketcap with only a 100k$ presale June 13, 2016, 03:12:01 AM

Last edit: June 13, 2016, 03:40:32 AM by gustav #19 Quote from: Spoetnik on June 13, 2016, 12:24:15 AM



No one can tell me WHY they are ok with the worse option and not the other..

I keep asking and they just ignore me and spam on about ICO scheme coins.

..yammering away endlessly about "profits"



Apparently talking about anything except Profits.. is FUD

@gustavNo one can tell me WHY they are ok with the worse option and not the other..I keep asking and they just ignore me and spam on about ICO scheme coins...yammering away endlessly about "profits"Apparently talking about anything except Profits.. is FUD

These people know full well they play a dirty game. There are even more loosers this way than normally.

Spinelss idiots seem not to understand there would be far more profits for everyone in a fair distribution.

Instead they prefer giving it to the scammers because the thrill of having it for 2 minutes and 30 seconds on an unreal price is aparently worth loosing it all. lol



Yeah, these icos bleed alts dry and there won't be much more left than a desert-landscape later. People playing icos like this take away their own future profits in other coins but their brains are too weak to understand all of this.



Legit projects don't get enough funding on the other hand. Just imagine quality products would be made here! We would all have been rich a long time ago. Instead we're playing this idiotic game of musical chairs where the bank wins every time.



Later in a few years they cry when they can't find a legit altcoin to actually use and there won't be any real "alternatives".

Most people can think only 5 minutes into the future and also forget most things within the same timespan. So they live like fish in a 10-minute-world and keep buying ico time and time again without noticing in the end they weren't the only ones being ruined.



Seems to be like heroin or something.





Pfff, there is not even profit in icos compared to a good longterm pow-coin. But most people are too dumb to trade so they loose either way and it actually doesn't make any difference to them.

Man, i have seen so many accounts go silent after a dump ... there would be a lot more people here if the market was just a little more accomodating. It would be much more money for everyone in the end of the day because of a positive network effect, but nope, fast in, fast thrill, fast loss, fast out seems better aparently.



But that's also why i made the thread because most people seem to be unable to figure this out for themselves.

We can only hope people more and more wrap their head around this and will more and more stay away from these presales no matter who is offering them or for what product.



Presale doesn't only fuck over the investors, it fucks over the miners too. Think about it just for a second.



It's the death to all the legit projects if it keeps going for some time, it could end the alt-scene in the long run.

In the end of the day that's all you're getting anymore because why would anyone release a clean OS-coin when they can just have 100% premine and sell it to people with some hype and rinse/repeat ad absurdum. These people know full well they play a dirty game. There are even more loosers this way than normally.Spinelss idiots seem not to understand there would be far more profits for everyone in a fair distribution.Instead they prefer giving it to the scammers because the thrill of having it for 2 minutes and 30 seconds on an unreal price is aparently worth loosing it all. lolYeah, these icos bleed alts dry and there won't be much more left than a desert-landscape later. People playing icos like this take away their own future profits in other coins but their brains are too weak to understand all of this.Legit projects don't get enough funding on the other hand. Just imagine quality products would be made here! We would all have been rich a long time ago. Instead we're playing this idiotic game of musical chairs where the bank wins every time.Later in a few years they cry when they can't find a legit altcoin to actually use and there won't be any real "alternatives".Most people can think only 5 minutes into the future and also forget most things within the same timespan. So they live like fish in a 10-minute-world and keep buying ico time and time again without noticing in the end they weren't the only ones being ruined.Seems to be like heroin or something.Pfff, there is not even profit in icos compared to a good longterm pow-coin. But most people are too dumb to trade so they loose either way and it actually doesn't make any difference to them.Man, i have seen so many accounts go silent after a dump ... there would be a lot more people here if the market was just a little more accomodating. It would be much more money for everyone in the end of the day because of a positive network effect, but nope, fast in, fast thrill, fast loss, fast out seems better aparently.But that's also why i made the thread because most people seem to be unable to figure this out for themselves.We can only hope people more and more wrap their head around this and will more and more stay away from these presales no matter who is offering them or for what product.Presale doesn't only fuck over the investors, it fucks over the miners too. Think about it just for a second.It's the death to all the legit projects if it keeps going for some time, it could end the alt-scene in the long run.In the end of the day that's all you're getting anymore because why would anyone release a clean OS-coin when they can just have 100% premine and sell it to people with some hype and rinse/repeat ad absurdum.