Not only did the whole chink team exit scam long time ago, and they lied about 300 000 tps dag with smart contracts, partnerships, have zero devs and only a giant "marketing dep" aka paid scammers & spammers, artificially pumped up the price with a Ponzi scheme absurd reward system (that will unleash 60% of supply on the market in a matter of a little over a week), and gave the market only a crashed fork of Ethereum Virtual Machine, they now also got caught in fabricating their transaction speed test site. Pathetic, but not unexpected from these poor-man bitconnect scammers from Fantom.
Anyone "investing" in Fantom deserves to lose his money. This is an OBVIOUS scam and Ponzi scheme. Fantom chink team exit scammed a long time ago. Scammer Andy replaced them with Russian temp devs so the scammers would still have some kind of "product" and "development" to dump on low IQ investors. Fantom promised a 300K dag with smart contracts. Everyone with tech insight knew that was impossible due to the rubbish tech solutions in the white paper. Here: warosu.org/biz/thread/S16667084#p16669074 warosu.org/biz/thread/S16667084#p16669095
So when Fantom scammers delivered their utter garbage product, a fork of Ethereum Virtual Machine with some dag like garbage on top of it, even the most deluded Fantom bagholders would normally have seen something was wrong and start to dump. What the Fantom scammer team did to prolong the scam was to introduce a classic Ponzi scheme with absurd ROI that is unsustainable. warosu.org/biz/thread/S16683035
But they don't care about that, as it all is designed to attract short term money so they can dump for a couple of months and then complete the exit scam. There is no working product, the "partnerships" are either paid for, mostly in corrupt third world countries or just fabrications. Bitconnect also faked a partnership with Visa, paid for partnership, and positive editorials. Fantom is doing the same thing. Their tech is utter shit and there will be no magical "packaging" of transactions, insane claim, so Fantom suddenly and magically can get high TPS. This is the sad reality: warosu.org/biz/thread/S16676689#p16676689
Michael Chen did a similar scam earlier on, as a warning for everyone to see. This Fantom scam is just as obvious as Bitconnect was. Here: warosu.org/biz/thread/S16683240
Fantom scammers are now pushing their tech rating at Weiss, ignoring that they got their rating more than half a year ago, solely based on their tech claim of 300 000 TPS, dag with smart contracts, and a long time before FTM released their tech trainwreck of a forked Ethereum Virtual Machine as mainnet. A mainnet that no one is using or planning to use. No central banks, no banks, absolutely no one is working on Fantom, despite their mainnet being out for many months.
It's so bad that their lead dev, have de facto left the project to work on his own stuff. Sadly led dev scammer Andy crashed the new project as well, as he never ever in his life has finished a project successfully. This is the guy that Fantom scammers called the new Vitalik. Enjoy: medium.com/@andre_54855/post-mortem-of-the-post-mortem-1f49e31fd9c1
After chink team exit scammed, scammer Andy was hired to keep the scam floating while they all could dump on stupid investors. Chink team and their investors controlled more than 60% of total supply, so they have plenty to dump. Ethereum foundation had 1% and Vitalik sold his ETH at $7. Chink scammers will dump on you into oblivion. finder.com/how-to-buy-fantom
Not even the most retarded of / biz / swallow this.
Jonathan Morris
Fantom is now weirdly mooning, right before over 60% of total supply will be dumped on the market in a little over week. This makes no sense on the surface. However, Fantom scammers are manipulating the price so nobody will get nervous and they get a synchronized unlocking of staking. This means that the scammers will have a whole week to dump, while the idiots are waiting a whole week (this was made only to scam - could have given access within seconds) to get access to both their rewards and FTM locked up in staking. When the idiot Fantom "investors" aka gamblers finally get their FTM, the price will have tanked insanely and what they have is practically worthless, while the scammers have totally milked the market dry. Don't fall for the scam.
> Rewards day > Everyone gets their FTM bet and their interests > The retarded sell and the whales absorb those sales, and then go back to stake FTM > The FTM price ends up going to another galaxy due to the great money laundering of the whales
Oliver Nelson
Why are you using main net explorer to search for testnet transactions ? Your claims are dumb.
Zachary Morales
The ponzi scheme rewards and your absurd lock up until 22 June, and if you took out before that you would lose ALL of your staking rewards, PLUS a one week waiting period to get your own FTM plus staking rewards out is ALL designed to create artificial scarcrity to pump the price. When that gig is over, FTM will drop like a stone.
Ayden Wright
Only after your scam was exposed did you whine and bitch that all your data was from a testnet. You never informed about that before and what moron would have a mainnet but testing a centralized net with 3, if more than one at all, validator? Again you Fantom scammer got caught lying and fabricating. How is it going with your Oracle partnership, where they call scammer andy daily to ask him to solve tech problems, when all you have is a pathetifc Oracle SALES REP deal? Pic.
Precisely my little friend. FTM is going to die when that happens, but we know that is not going to happen without first going to another galaxy and coming at an ultra-ridiculous price for great money laundering.