Really?! It Looks Like Justin Sun Has Been Buying Twitter Likes And Retweets

This is weird. And it also looks legit. In several screenshots sent to us by a plethora of Twitter users, the numbers connected to retweets and likes on Justin Sun’s Twitter account show a clear pattern.

If you know anything about purchasing followers on twitter (a big no-no amongst the crypto Illuminati), then you probably also know that you can purchase engagement stats as well. The same companies that will sell you followers (bots and fake accounts) will do the same for your engagement stats for any tweet you’d like.

Now, if you’d like to somewhat mask this tactic and paid for engagement you have to purchase both likes and retweets. And if you do this consistently you are probably going to get away with it. But if you choose to only buy one or the other, the engagement stats will schew heavily one way or the other and you’ll get caught.

Especially if you are a famous account connected to a top 25 market cap cryptocurrency. Enter Justin Sun’s twitter account and the following screenshots:

Let’s take a step back for a moment. Is it possible that some sort of magical hacker got into Justin Sun’s personal twitter account and purchased only retweets to make him look bad? Yes, that is a possibility. But an enormous long shot that we find incredibly improbable.

Take a look at previous tweets with ‘balanced’ engagement. Spotting a trend here? See below:

We’ve lauded the marketing abilities and leadership of Justin Sun on these pages. We’ve even been accused on ‘pump and dump’ activities based on the ‘irrational exuberance’ of some of our articles. Justin and his team do a phenomenal job of staying in the news and making weekly announcements attached to $TRX.

But this one looks and feels like a bit of a black eye. Several days ago each tweet received nearly identical engagement stats. Now, the retweets significantly outweigh the likes. If you know anything about Twitter,  that isn’t how organic engagement works out.

Decide for yourself, but this one just doesn’t smell right.

Verge Rumors Swirl Regarding Timing Of XVG Debit Cards And New Partners

After Litecoin and TokenPay made their announcements earlier the Verge community began to speculate about the timing of their own debit card initiative. The Verge team even passively made mention of the incoming payment platform and seemed to bless its imminence.

 

The Verge team has never, ever been shy about potential partnerships. (**wink, wink**) So this particular post makes it clear that an announcement of an announcement could be in the offing. In fact, one could call the above tweet a pre-announcement of an announcement of sorts.

We did a little bit of digging with a couple of Verge sources and this much we can tell you. We don’t have a date, we don’t have confirmation of specific partners (other than the obvious TokenPay tie-in), and we don’t have secondary confirmation of the info that we did get from those sources.

But this is what we got: both sources believe that the Verge debit card will be rolled out before the end of September. That could mean tomorrow, late August, or all the way up to the last day in September. But both were adamant that by the end of September there would be a branded Verge debit card available to the masses and $XVG bag holders.

Both sources also classified the tweet today as a “strategic and cryptic tease for what is to come”, and know who approved the messaging within it.

As far as new partnership announcements to coincide with the debit card launch – we got silence in return. Take that however you want…either they don’t want to tell us, or nothing is planned.

TokenPay, as a Verge partner, will play a central role with any debit card product and handle all of the transaction volumes as well. They are a trusted vendor (the only?) in this space and continue to rack up partnerships of their own. The Verge team trusts them implicitly.

Bottom line – the Verge tweet is simply a harbinger of what insiders speculate is a September announcement of their own debit card; which will function much like the Litecoin product.

BUSTED! Ian Balina Was Never Hacked; Receives Tokens In Ether Wallet He Claims Was Compromised

Sometimes, in crypto twitter, you shake your head and proclaim “you couldn’t make this shit up”. That is exactly the kind of story this is. You couldn’t make this stuff up. Just because of its sheer stupidity.

Ian Balina received Quarkchain and Mainframe tokens into the same ether wallet that he claimed got hacked and then transferred those tokens to his Binance account.

https://etherscan.io/address/0x9f3d63c00830741cb73fab5319cd2b1b8a025457#tokentxns

Like we said, you can’t make this stuff up.

One of crypto twitters well known ‘sharp eyes’ caught it and put out a tweet late last night calling him out. Here is that tweet:

So let’s get something out of the way here – anyone who is serious about crypto knows that Balina is a clown show. But the jury was out on whether or not he was a fraud and scam artist. This stunt proves that without a doubt.

Whatever his reason for executing a scam/hack – be it avoiding taxes, dumping on his followers, or just begging for more attention – he’s proven himself to not only be a clown show but a first-rate fraudster as well. And we haven’t even touched the quick and dirty deposits into his Binance account shortly after these tokens were deposited to the allegedly hacked ether wallet. Shame.

He’s also proven himself to be enormously ‘unintelligent’ when it comes to this particular scam and the hack he alleged. To keep the same ether wallet in circulation is famously stupid. So stupid that it falls under the “you can’t make this stuff up” category.

If you hadn’t already figured it out, Balina’s opinion and ‘expertise’ should be removed from your crypto feed as quickly as possible. Dude has been proven to be a certifiable fraud.

If You Haven’t Noticed, John McAfee Is Losing His Damn Mind!

John McAfee has always been crazy. Drugs, firearms, small armies of gunmen (err…bodyguards), admitting to penultimate levels of shilling, and dubbing himself a ‘Svengali’ of crypto. When you dub yourself anything it automatically qualifies you as self-indulgent at best, and psychotic at worst.

He’s been involved in significant legal entanglements up to the point of being accused of murder. He riggled himself out of that one but has essentially admitted to ‘taking people out’ at different points since then.

Just last week he either overdosed or was poisoned by a staffer of some sort. You do the math on that one. It felt like an unnecessary stunt of some sort created to bring daily attention to ‘Team McAfee’ in a down crypto market.

His tweets are weird and often cryptic. His associations are questionable. Oh, and he has declared his intention to run for president in 2020.

Which brings us to his latest stunt of calling out exchanges. (Which already feels like a backdoor money grab in some way – so don’t be surprised if that is revealed at some point.)

Exchanges can be called the lifeline of cryptocurrencies, with the increasing popularity of all sorts of altcoins and more enthusiasts wanting to invest and make money from trading in these non-fiat currencies. McAfee recently posted multiple tweets targeting HitBTC, which created yet another stir in the crypto community:

Some of the tweets from McAfee attempted to explain the reasons for his attack on HitBTC:

“I fired the first shot in the war that must be fought. Our exchanges are connected to our banks and our governments. To take down the entire system, we must first take down our exchanges. Distributed exchanges are coming. I have singled out @hitbtc because they are the worst.”

“@hitbtc I will be your worst enemy until you prove that you are aligned with our community and are truly interested in helping the poor. You have not done shit to help access the only free healthcare in the world.”

Shots fired. However indiscriminately – still, they were fired. This seems to be McAfee’s chosen ‘modus operandi’ when picking up a new battle/cause for the week. After repeated tweets from McAfee, HitBTC finally responded with a post stating “get well soon John, your friends at HitBtc”. The HitBTC team later posted another response justifying their prices and the way they have designed their algorithm. The team also asked McAfee to advise them on this issue and directed that “most of the exchanges” face the same problem.

Here was HitBTC’s explanation:

Anyone notice how significantly more reasonable their response is than McAfee’s initial accusations? Of course, you do. McAfee seems to struggle most significantly with boredom (or the constant need for attention) and engages in unprovoked exchanges. This one qualifies as the back and forth continued.

McAfee replied by asking the team to concentrate on the redressal bit of the issue that is prevailing. He also mentioned that they have “unjustly subjected docademic” which has resulted in the death of “unknown number of people”. Huh?

HitBTC operates from an “unknown location” and have already been subjected to a number of complaints directed towards “accidental coins loss claims”. In 2015 the exchange was hacked, which and did not reveal how many coins were stolen and stated that “no user funds were affected”. So they’ve got issues of their own.

Where this is headed, who can tell? Probably nowhere and will prove to be another misinformed McAfee adventure. There won’t be any lawsuit from McAfee or any other action. Just some ill-timed tweets published to gather attention.

Another day, another bizarre McAfee adventure. The crypto community could do well to identify a more appropriate and better-mannered spokesperson. McAfee isn’t doing any of us any favors.

 

 

Dead Weight: Are You ‘HODL-ing’ Cryptos That Are Certain To Fail?

There is a reason that they are called ‘shit-coins’. An estimated 1,000 cryptocurrencies projects are lacking any development or future activity in their protocol, and have, among themselves, raised billions of dollars worth of BTC and ETH.

While global law enforcement may have scrutinized hundreds of token issuers to determine their legitimacy, amateur investors were largely oblivious to basic due diligence and made a million dollar investments in coins’ whose names are enough to ring alarm bells – including CryptoMeth, and Snowballs.

Think about the truth of that for a minute. Those names were clear scams and jokes, yet used euphoria, FOMO, and a raging bull market to scam investors out of their money.

Reasons for closure range from the common exits scams, website closure, and abandoned code to deliberate pump and dump, malfunctioning wallets and alleged death of project developers.

Aaron Brown, a business markets author for Bloomberg, lent his insight: “There has obviously been significant fraud and hype in the ICO market. I have seen 80 percent of ICOs were frauds, and 10 percent lacked substance and failed shortly after raising money. Most of the remaining 10 percent will probably fail as well.”

As reported by multiple outlets in May, research by Satis Group concluded that fraudulent ICOs raised over $1 billion in 2017, with over 271 analyzed companies rife with questionable operations, plagiarized white papers, and impersonated team members.

Additional research by the group indicated only a paltry 8 percent of cryptocurrency projects make it to reputable exchanges after their ICO.

EIGHT PERCENT!

Bear markets prove the be the grounds that wash this type of garbage right down the drain. As investors get slammed with 70-90% losses, they take seriously what they are invested in and why in the world should they wait out any coming recovery.

Gone are the short days of ‘when moon sir’ and ’10x – 100x’ claims on crypto twitter. Gone. What is left is a raging pile of garbage and another pile of gems. Figuring out which projects belong in what pile is the task at hand.

You may think that being a ‘bagholder’ sounds cool and like a great idea – but if that bag is filled with a scam coin, a dead protocol, or abandoned code – your bag will soon be just as foul as what it may be currently holding.

EMBARRASSED: Verge Pornhub Partnership Turning Into A Joke; Tron And ZenCash Now Accepted

Justin Vendetta: “This is the biggest partnership in crypto history!”

Narrator: “It was not the biggest partnership in crypto history.”

Verge bagholders keep getting handed new levels of shit to deal with – and several levels of embarrassment. Forget the hacks, the ‘copy and paste’ fixes to said hacks, and getting trolled by porn stars.

Now, porn aficianados have several different cryptos to choose from when PAYING for their porn.  Tron and ZenCash have been announced as crypto options on Pornhub.

You shouldn’t have to look too far to understand how these two new options occurred. The Verge hacks played a major role in adding more stable coins to the porn network.

Oh, and as far as we can tell (as of press time) neither Tron or ZenCash has to pay millions to seal the deal with Pornhub. In fact they paid a grand total of zero dollars. Verge paid nearly $10MM. Yikes.

What a mess Verge is at this point. Their market cap has essentially gone straight down since the Pornhub announcement. Sure, so has every other alt-coin, but we were promised the ‘biggest partnership in the history of crypto’ sir??

We have no idea where $XVG goes from here, but you might do well to spend a few minutes honestly evaluating whether or not a management team with this track record is worth your capital. Simple answer – no.

Brad Garlinghouse, Ripple CEO: When $100MM Isn’t Enough, Just Beg Coinbase To List XRP

Brad Garlinghouse, Ripple CEO, keeps embarrassing himself and his brand. You may think that’s a tad harsh – but we don’t. When you take to the airwaves to beg Coinbase to list your cryptocurrency, $XRP, it is an embarrassment.

When you do so after offering Coinbase $100MM worth of $XRP and have been rejected despite that outlandish sum – it is an even bigger embarrassment.

Sure, Ripple has a meaningful product that facilitates banking transactions – but please, stop the whining.

Ripple has developed valuable partnerships with banks across the globe. Many of these financial institutions make use of the Ripple ledger to facilitate cross-border money transfer operations. As such, Garlinghouse believes it would be in the exchange’s best interest to enable XRP trading on the platform.

Recently, Coinbase announced that it would be opening a new office in Japan — where XRP is one of the most popular cryptocurrencies. Most of the prominent virtual currency exchange platforms list Ripple as part of their supported trading options.

Recently, SBI launched Japan’s first ever bank-owned digital currency exchange platform with an initial focus solely on XRP trading. Offering support for Ripple could conceivably be a viable way for Coinbase to gain a foothold in the Japanese cryptocurrency market.

Part of the reason for Coinbase’s reticence is based on the lack of regulatory clarity surrounding Ripple.

In March 2018, the platform dismissed speculation that it was set to list XRP tokens. Instead, Coinbase said that it would only deal in cryptocurrencies that have been declared not securities.

The debate on whether XRP is a security or not has raged on for most of 2018. Recently, William Hinman, a top official of the SEC said: “Systems that rely on central actors whose efforts are a key to the success of the enterprise would be subject to [the] application of the securities laws.”

Ripple owns the majority of XRP tokens, and the company maintains considerable control over the cryptocurrency, leading many to conclude that it isn’t decentralized. Thus, there are concerns that the SEC might classify XRP as a security.

Ripple CEO Brad Garlinghouse disagrees with those who believe that XRP is a security, saying: “I think it’s really clear that XRP is not a security. I don’t think that our ownership of XRP gives us control. Saudi Arabia owns a lot of oil—that doesn’t give them control of oil.”

According to Garlinghouse, the Ripple ledger is entirely independent of the company. Thus, the blockchain would continue to function even if the company failed. Furthermore, unlike stocks, XRP tokens serve a technological purpose — but do not provide the holder with a stake in Ripple, as a company.

Recently, Ripple enthusiasts brought up a 2015 FinCEN ruling appears to classify XRP as not being a security. The SEC has yet to provide any official statement on the matter.

Ripple has declined steadily in 2018, dropping by more than 86 percent since the start of the year. XRP hasn’t broken through the $1 mark since the beginning of March and is currently trading at 50 cents.

WTF? Peter Brandt Compares Bitcoin Price Action To Corn Futures

We get it. Peter Brandt has been around trading for a while. A long while. This is a nice way of saying that he is old. Sorry, not sorry.

As a respected trader who has decades of experience, Peter may still be prone to mistakes and ridiculous comparisons. He is not infallible no matter what you think of his background and track record.

Last night was one of those moments. Peter Brandt just compared $BTC to corn futures and crypto twitter doesn’t like it very much. Take a look at the below tweet:

 

Ehhhhh…that’s unfortunate. So unfortunate that the thread is in the process of getting a fresh crypto twitter troll job at the moment. Follow along here: Peter Brandt Bitcoin and Corn

In a fashion that is unique to our favorite crypto OG, Cobain appropriately trolled Mr. Brandt:

 

Don’t be like Peter Brandt. :(

 

Crypto Twitter Is Eating Itself Alive; Blackmail, Screenshots, False Accusations, Scams

So this is what crypto twitter looks like in a bear market. Ugly is probably the right word. When portfolios aren’t going ‘to the moon’ it looks and feels like all hell breaks loose back here on earth. And nobody is better for it.

Over the past several months there has been scandal after scandal after scandal. Each week a new scam is outed. Each week a new fued is aired publicly via accusations via tweet or subtweets. The accused have to spend time defending themselves in ways they never thought even existed. The accusers continue to get creative and aggressive. DM’s that offer blackmail terms, demands for payment, and cryptic messages regarding identities, home addresses, and personal history details. It is an absolute mess.

The question we have is why? Why is this going on and who benefits? Who really gets pleasure out of Twitter turf wars that claim LIBEL and DEFAMATION that always go absolutely nowhere. Why are dollars being thrown away as lawyers draft worthless pieces of paper titled ‘Cease and Desist’ yet hold zero legal footing – just legal jargon aimed at intimidating another party.

This stuff is happening all over the place right now.

Look at the case of CryptoMedicated and Bitcoin Bravado/Crypto Gat over the past month. First, Gat was found to be in a ‘pump’ group offering payments to pump a certain coin. Not the best look, but at its core, not illegal either. CryptoMedicated caught it, outed it, and the chips fell wherever they would eventually have fallen anyway. Some crypto popular accounts got unnecessarily accused and had to fend off unfounded accusations for a week or so. The collateral damage of what was beginning to amount to a turf war.

And then shots were fired back at CryptoMedicated. Accusations of arrests, child pornography, domestic abuse, strange identities, and failed business partnerships. All of which was denied by CryptoMedicated relatively effectively. The screenshots were mostly erroneous or outright fabricated.

A month of accusations, threats, arrest records (which nobody can verify and have been vehemently denied), cease and desist letters, harassment, claims of child pornography – gross.

So a month later – who is actually the better for this crypto twitter gun fight? Are the personalities connected to Bitcoin Bravado in a better spot today? Is CryptoMedicated in a better spot? Does any of it even remotely matter beyond the ‘everybody likes a good dumpster fire’ reading each week? No is the answer.

And what of the current sniping between former members of the Coinchasers group, its founder, Kolin Lukas, and current team members? Where is that headed?

It started with accusations of payments that did or did not happen, morphing into accused pump and dump strategies, then morphing again into several ‘why didn’t you pay me what I think you owe me’ nonsense.

Multiple accusers, then shots fired back from the accused. We’ve even gotten reports of fired admins from the Coinchasers group vowing revenge, death threats, outing members home addresses and blackmailing Kolin himself for thousands and thousands of dollars.

And we ask again, where does it all lead. Money can be transferred and payoffs can be made, but what then. Does that satisfy the angry horde?? Or does it set up an easy mark that a new horde will see as a target that can be blackmailed into handing over their cash?

The crypto masses have not only gotten restless throughout 2018 but downright nasty. They want 2017 gains and they want them now. And if they don’t get them somebody is going to pay.

How about another case of crypto twitter cringe-worthy actions? The female crypto enthusiasts receive a never-ending amount of ‘homemade’ porn into their DM’s on a daily basis. To that end, some women in crypto have taken to outing the offenders and shaming them off Twitter altogether. Should women in crypto be subject to such disgusting behavior? To the point that they have to take the time to investigate their stalkers and then out them in their own feeds? Terrible.

Consider the case of the CryptoPunish and running off with investors masternode money. Then returning, giving some investors their money back, executing a mea culpa, and expecting all to be forgiven? Sure, redemption is a thing and anyone can be given a second chance to do their thing the right way, but sometimes it just feels like a bridge too far.

And there are dozens and dozens and dozens of stories like these every single day in crypto twitter. 2018 has been loaded with them. As Bitcoin has devolved into a relative bore it seems that the core crypto community finds it more interesting to eat their own (actually, it is okay to harass and attempt to destroy Roger Ver – he deserves it!) and ‘damn the torpedoes’ with zero interest in collateral damage to the reputations of others or themselves.

In just this article alone we’ve yet to come anywhere near answering questions like: Is CryptoMedicated a super short African-American dude that works out a lot? Sure doesn’t seem likely. Is the Coinchasers organization a ‘do-good’ story in crypto or are they stealing money from every member of their team and subscription group? That doesn’t seem likely either. Is Bitcoin Bravado some sort of illegal pump and dump gangster group based in Chicago, affecting epic dumps on the crypto markets? That certainly seems like a bridge too far. Are loser horndogs sending dick pics via DM to the women in crypto? Actually, yes. (idiots). Does Crypto Gat deserve redemption and a second chance? Sure.

The final denouement, from our perspective, is this: none of these twitter beefs, blackmails, scams, FBI calls, SEC alerts, doxxing, etc, etc, etc are good for the development of crypto in general. It is an embarrassment of epic proportions. Everybody put your knives away, act in a civilized manner and handle disputes offline like adults with real names and faces. Except the perv’s sending dick picks. You guys need to be outed and told to fuck off.

Let’s clean it up a bit, shall we??

 

 

HOT TAKE: Brenna Sparks Executes Epic Takedown Of Verge Fanboy

Earlier this week Brenna Sparks, adult film star, and crypto personality executed one of the quickest and most effective takedowns of a #VergeFam fanboy we’ve ever seen. So much so that it actually warrants a story and denouement befitting its ‘in the moment’ quality.

Here is the response tweet to a #VergeFam fanboy attempting to troll Brenna via her appearance:

 

Crypto twitter justifiably melted down for a few hours. VergeFam, as a core group of crypto twitter members, seems to find fault with anyone and anything other than their own favorite coins development issues and leadership. At times it is cringe-worthy to watch and read.

As Verge attempts to deal with the successive hacks on its product they’ve attempted different levels of damage control via posts, dev updates (stolen from other projects, yet not giving those creators any credit/actually lying about it), while the market cap of $XVG continues to swoon.

Maybe worst of all, Justin Vendetta, the leader/CEO of #VergeFam and all of its trappings seems to be MIA. A lack of updates, statements, appearances, or direction is disturbing.

Left to twist in the wind after the fanfare of the MindGeek/Pornhub announcement, VergeFam is feeling a bit abandoned.

Instead of making headlines for a perfectly executed reply tweet by a well-intentioned Twitter personality, Verge would do well to constantly be updating their security and privacy (it is a privacy token after all) protocols and screaming them from the crypto mountain tops.