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RE: Blocknet Founder Speaks: The Crypto Space is Now at a Critical Point

in #cryptocurrency6 years ago

You really should be careful with these coins. I researched Blocknet two years ago and it was a fraud. I guess it might be time for another pump. I would recommend against putting money in Blocknet. https://steemit.com/ico/@cryptick/how-to-fake-a-top-100-alt-coin-chart

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Why do you keep promoting your post if you yourself admit in the comments that "... I suppose this could be the result of different bots crossing (using different strategies.) but it still seems very weird."

If you can't understand the difference between what happens on exchanges and the use of bots versus what the project actually provides in real life then I'd say you don't really have any room to be throwing around such bold accusations that are flagrantly false.

Please stop spreading fake FUD about a solid project that is not by any means fake. It exists, it provides a real product that is used by real people.

Consider adjusting your focus on things that are true.

Sorry for the late reply, I have adjusted my focus. My indepth article looked at a number of aspects of the project. Good frauds, need to look popular, (hence the wash trading) and this project flunked based on more than one aspect. Take a look at the "illicit staking". Some might call it FUD, but it is also "speaking the truth". This project "took over an existing project" "to maintain a CoinMarketCap history", and "to look successful." I only need to see a liar, lie once to know it is false. Your readers need to be aware of both sides of the story. They can judge for themselves. You last statement of it is a real product used by real people caused me to pause and do a little more research. I discovered there were 6 trades in the last 24 hours for $14.50 in volume. (Hmmm.... That is hardly a real product by real people.) I am going to go on with my life now...Screen Shot 2019-07-13 at 12.35.48 PM.png