CoinKing has reported a post.
Reason:
Forum: Report A Scammer
Assigned Moderators: Josh0is0here, James, subaru_fan, Ziggily, zuzel111, ZippyGFX, leanbean901
Posted by: Emperor_Nero
Original Content:
Reason:
Post: Encouraging Pump and Dump Crypto SchemeI can't stop laugh at this but yeah
I was so nice to open giveaway thread about the same coin months ago ( http://www.sythe.org/sand-box/1662791-competition-new-crypto-coin-dimecoin-giveaway.html )
But the kids never see the opportunity to make some free money.
Blaming me for starting thread about any alt/new coin is like blaming someone using doge coin
Pump and Dump scheme ? Well,the mods should clear "free speech" without violate any rule is okay.
I kindly ask few mods can i start giveaway and where should i start the thread before open it
I won't defend myself because i am not doing anything wrong![]()
But let's ask Emperor_Nero why he is ruing my name and calling me scammer after me giving the coins free.
Actually this coin will be at new exchange in few hours and it will gain price...
Well,if giving free money to users not allowed,i won't start giveaways anymore of newcoins and keep them for myself
But if giveaways (which we see daily) begin to be revoked that will be so funny
My skype is on signature,if anyone need any info or anything about the false charge on me,feel free to contact me![]()
Forum: Report A Scammer
Assigned Moderators: Josh0is0here, James, subaru_fan, Ziggily, zuzel111, ZippyGFX, leanbean901
Posted by: Emperor_Nero
Original Content:
Okay let's discuss what a pump and dump is:
A pump and dump scam is a fraudulent scheme where the price of a microcap stock or in this case crypto coin is artificially inflated by a person or group who achieve it through misleading positive statements. Once the operators have sufficiently overvalued the coin or stock they dump their holdings into the market and profit while simultaneously crashing the market. These types of scams are illegal on the open (stock) market and are regulated by the FSEC.
More details here: http://en.wikipedia.org/wiki/Pump_and_dump
Now onto the report:
User: http://www.sythe.org/members/399359-coinking.html
Proof:
http://www.sythe.org/cryptocurrency-discussion/1700926-dimecoin-about-start.html
This thread should have numerous deleted posts that mods could see concerning the intentions. The below post and its inconsistencies with the above post should be enough to show that once he was found out he decided to change his tone and begin attacking members who spoke out against it. He is actively encouraging members to act in this pump and dump scam that the market he has a hand in will orchestrate.
http://www.sythe.org/13416827-post9.html
You can read this message: https://bitcointalk.org/index.php?topic=525382.msg5838875#msg5838875
Compare it to the poor English and poor punctuation skills that you can see in many of his posts. It is obvious he has something to gain from this scam and most likely has a stake in the premine. People will mine these coins and then be shit out of luck once they're dumped. They'll be stuck with useless coins, and if they do dump them with this guy then they're participating in a scam if they know it or not.
EDIT:
After searching more I have found more posts on the Bitcoin talk forums that fall in line with the idea of uptalking this Dimecoin. He comes here and then says that the coin isn't any good, but it will be good for quick money. It is obvious.
link: https://bitcointalk.org/index.php?action=profile;u=139015;sa=showPosts








