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/biz/ - Business & Finance


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File: 36 KB, 642x500, XCM_PRQ.jpg [View same] [iqdb] [saucenao] [google]
22154007 No.22154007 [Reply] [Original]

>Estonia
>Crypto scams

Name a better combo.

https://www.crowdfundinsider.com/2020/06/162671-billions-of-dollars-in-illicit-cash-allegedly-laundered-via-danske-bank-with-help-of-licensed-crypto-firms-in-estonia/

>Dev teams hold more than 80% of circulating supply
>Promoting each others shitcoins
>What could possibly go wrong here?

>> No.22154078

lads..is he right?

>> No.22154346

>>22154078
Coinmetro will go the way of Nauticus. I can smell it anons. There is a stink in the air. They will get shut down by the Estonian government or they will get "hacked". Exchange will be shut down with everything in it, Kevin will disappear into thin air after a short briefing about the security breach and how they are working to recover data.

>> No.22154380

>>22154346
PRQ is connected with CM, but to what extent? the PRQ project isn’t as scammy. not scammy at all

>> No.22154399

>>22154007
Why would one human scam another? This is unheard of and likely bullshit

>> No.22154580

>>22154380
>To what extent?
Who knows? Private companies don't have to tell us. They are both in Estonia an CEO of CoinMetro is listed as an advisor on the parsiq team page. Seems impossible to find any info about the coinmetro team besides one name - the CEO. CoinMetro did the IEO for Parsiq which is the only official connection we could know about.

>> No.22154642

>>22154078
Yeah dude the autist who starts these threads when the Europoors are asleep is right. On a more serious note the CEO of Coinmetro helped write the new regulations in Estonia precisely to weed out the scams in Estonia and evidently it worked.

Dear op
I hold seven figures of XCM and six figures of PRQ. I am not selling until I have enough to retire and all your gay threads do is give me an opportunity to advertise my bags on /biz/

>> No.22154782

Are you salty that you got rugpulled over and over again on scamcoins.
Kevin was there to help regulating the laws that prevent such laundering in the future.
Get fucked

>> No.22154859

you are a fucking joke bro

>> No.22154992

>>22154007
Keep fudding bro. I want to accumulate more.

>> No.22155447

>>22154642
Are you me? lol

>> No.22156158
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22156158

>>22154642

>> No.22156530

>>22154642
You will never be able to cash that out. I've followed the traffic on that site. It's barely limping along with multiple sucker loans.

>> No.22156779
File: 184 KB, 600x750, desktop-1406690125.jpg [View same] [iqdb] [saucenao] [google]
22156779

Just fucking lol if you don't know it's over already

Kevin mrgunko was literally arrested three days ago high on meth in south florida. Turns out he was nowhere near estonia.

>> No.22157276

>>22154346
giga shizo
>>22154380
he literally didnt even say a single true word in his post

>> No.22157758
File: 1.46 MB, 1024x1736, pepe3.png [View same] [iqdb] [saucenao] [google]
22157758

>>22154007
Hello copypasta fud anon.

XCM has only an 11M marketcap. It's even below ICO price. Would you rather send money to an European exchange or a Chinese exchange? Do you understand that normies or accredited investors would rather send their money to an European one that is actively working with regulators?

It's obviously not your next 1000x PnD moonshot but unless CoinMetro fails to get enough customers, there is a nice profit to be gained.

Why should XCM increase in price?

XCM is used for every transaction on Coinmetro.com
Details: https://coinmetro.com/blog/xcm-ecosystem-full-token-utility/

For a trade of 1000€, 0.1%, therefore 1€ is marketbought in XCM and given to the exchange.
50% of those 1€ worth of XCM are burnt, 50% are kept as a fee for Coinmetro.

Example: With a daily trading volume of 5 million € daily
5 million daily means 5000€ of buys Daily
So per year, 1.825.000€ (5000*365) of xcm are bought.

XCM can be locked to gain discounts on trading fee
You can save up to 20% of trading fees if you lock between 10.000 - 50.000 XCM

XCM will be used in the upcoming Coinmetro debit cards


https://app.uniswap.org/#/swap?inputCurrency=ETH&outputCurrency=0x44e2ca91cea1147f1b503e669f06cd11fb0c5490

>> No.22157770
File: 215 KB, 533x360, 1577121788914.png [View same] [iqdb] [saucenao] [google]
22157770

So let me get this straight.
>Coinmetro and XCM, both from the 2017 ICO Era, never pumped
>by some miracle it gains attention thanks to Parsiq
>bagholders immediately jump on this occasion to shill XCM
>this works for a time but ultimately people quickly realize that besides occasional arbitrage opportunities there's nothing of value in Coinmetro
>price starts dumping heavily, shills become way less active or literally silent just as we could witness with any PnD

And now it has been officially confirmed that it participated in laundering. Oh wow. It's a damn shame though, I almost got convinced by people claiming that the exchange would eventually be a pioneer for the future of finance with tokenized bonds. But who was I kidding? People are looking for ways to save up on gas fees but at the same time aren't willing to come back to DEXes. KYC and taxes aren't appealing to the demographic willing to selfishly increase their net worth clicking on buttons and staring at charts all day.

On paper, coinmetro looked promising. Its low fees in particular and its normalfag-friendly UI could have helped in making it a new ramp for fiat to crypto. But looking deeper, you quickly realize that the whole thing wasn't sustainable, to begin with. I can count the entire user base of coinmetro with 4 hands worth of fingers. Daily volume is astonishingly low, revealing the flaw: it's just a smokescreen to hide that it's actually a ponzi/money laundering scheme, which was proved by crowdfundinsider. XCM cannot be valued above 10 cents. XCM holders are now tasked to try their best to recruit as many people as possible into the exchange to keep the money and the rewards flowing in, otherwise the house of cards inevitably falls upon itself without warning as soon as the tokens bought by Kevin Murcko/the exchange ALL GET SOLD AT ONCE to break even. Let me repeat myself here : the XCM token CANNOT be valued more than 10 cents per token, if not less.

>> No.22157818
File: 111 KB, 900x1179, 1598469480974.jpg [View same] [iqdb] [saucenao] [google]
22157818

>>22157770
>but at the same time aren't willing to come back to DEXes
to CEXes*

>> No.22157982
File: 1.86 MB, 1216x1804, Etiquette-Mouton-Rothschild-19771.jpg [View same] [iqdb] [saucenao] [google]
22157982

>>22157770
>>22157770
Fud. But even if it's all true what you are saying. What's your problem? I have never met an anon who is so concerned about other users their money on this board. Making copypasta's to shill in other XCM threads and now this? What board are you from /lgbt/ or /r9k/? Just to let you know, your copypasta about the users you can count on one hand blabla is what made me invest in XCM. I know you are a large bag holder anon.

Why are you trying to let other /biz/raelites miss out on this opportunity? You're supposed to fud and make these threads on r*ddit.

>> No.22158019

>>22154642
you're gonna make it

>> No.22158069

>>22154642
proof you fucking nigger. if it's real I'll buy 1000 PRQ

>> No.22158110

>>22154007
FOREVER MIRIN BRA

>> No.22158141
File: 228 KB, 1923x1070, exposedkike.png [View same] [iqdb] [saucenao] [google]
22158141

See pic related and see how OP gets exposed.

>> No.22158157

>>22157770
>>22158141
>XCM token CANNOT be valued more than 10 cents per token, if not less.
Even uses the same sentence.

>> No.22158188

it amazes me that there are literally people on here that fell for XCM. The coordination of trying to associate XCM with PRQ to new buyers was so blatant and obvious.

>> No.22158472

>>22158188
XCM is an easy 100x

Stay poor faggot.

>> No.22158702

>>22158188
you are an insane person
if you cant even see a legit project when its fucking you in the ass why are you even here? do you WANT to lose money

>> No.22158717

>>22158069
>proof you fucking nigger.
go watch all of the AMAs of the ceo, and desu
DONT BUY XCM AND PRQ, stay poor

>> No.22158937

>>22154007
Russian scam, stay away. Around slavs never relax.

>> No.22159601

>>22158937
name one (1) reason
you cant

>> No.22160094

>>22156779
Kek

>> No.22160679

like i said, never trust the eastern europeans. former soviet colony like estonia is

>> No.22160909

>>22160679
kevin is american

>> No.22161539

you scammed yourself you and your fucking moonboys, nobody is using nor gonna use those 2 shitcoins ever

>> No.22161593
File: 270 KB, 507x680, Bag.png [View same] [iqdb] [saucenao] [google]
22161593

>>22161539

>> No.22161779
File: 91 KB, 412x750, xcalibra scam.jpg [View same] [iqdb] [saucenao] [google]
22161779

>>22154007
Safex is doing the same scam with the exchange Xcalibra

>> No.22161842

>>22161779
>the same
explain how its the same retard
sage

>> No.22162219

>>22154346
Do you have 4 hands? That would explain your post.

>> No.22162534

>>22162219
Underrated post

>> No.22162709

>>22157770
>And now it has been officially confirmed that it participated in laundering.
Proof please.

>> No.22162763

lmao, not this idiot again. your exposed and ridiculed... why you keep trying?

>> No.22163130

XCM bonds cleared for sale by SEC. it’s a slow burn. They’ve been working with regulators for three years. If murcko rug pulled the Montenegro government would find him and kill him. They are staking their future on XCM.

>> No.22163520

>>22157758

>debit cards
They have been promising this shit for literally YEARS. It's not happening
>>22157770
Welcome back fren, I missed you.
>>22161779
Based

If you have been on /biz/ and can't spot the coordinated shilling in this thread yet there is really no hope for you.

>> No.22164377

>>22163130
Wait does that mean the Americans can buy this?

>> No.22164432

>>22164377
(((Accredited investers))) can.

>> No.22164580

>>22164432
Oh yeah of course. Forgot that I live in a country full of kikes who actively try to make sure I don't make it.

Save me, Kevin

>> No.22164698

>>22164580
CM welcome whole USA but New York, Washington and Hawaii states.

>> No.22164941 [DELETED] 
File: 373 KB, 960x540, comfy.gif [View same] [iqdb] [saucenao] [google]
22164941

>be me
>get in xcm and prq early
>later in that same week
>its 1am
>sit in front of my pc
>price on one screen
>xcm biz thread on the other
>listen to comfy music
>it's raining outside
>smell the scent of wet leaves
>price just keeps going up
>20% in 5 min
is this what making it feels like?

>> No.22165451

>>22164698
Not for the bond though. I have 58k of xcm so hopefully I make it.

>> No.22165722

>>22154007

Look at the PRQ etherscan and tell me how this coin is not a pump and dump scam with a fancy website.

The coin has no value except as monopoly money for discounts on their product, which is basically an if-then statement that nobody fucking uses. Github hasn't seen action in more than a year.

Huge amounts of PRQ were distributed by the devs across 4-5 wallets which are selling on various exchanges including coinmetro. They are both cashing out and also propping up coinmetro's pathetic excuse for volume.

Don't even get me started on CoinMetro and XCM. 310M of 330M supply held by CM and "investors". But don't worry, there's no way they will dump these coins after operating at a huge loss for 3 straight years.

Plenty of exchanges were "regulatory compliant" before they were rug-pulled. It doesn't mean anything except as a trap to lure in the normies.

>> No.22165817

>>22165722
Man just shut the fuck up already, you're such as schizo, it's not even funny anymore

>> No.22165837

>>22165722
You don't need to Reddit space I promise if we aren't replying to your posts we just don't care

>> No.22166209

>>22165817
>>22165837
Can't handle the truth